Description
Braemore Resources plc (AIM: BRR; JSE:BRE) offers investors an attractive opportunity to enter into the platinum group metals (PGMs) and nickel business, initially through the mid-stream processing of these metals and, in time, through mine-to-market production opportunities. Braemore Resources is principally involved in evaluating, establishing and operating independent facilities for the roasting, smelting and refining of concentrates containing PGM and associated base metals and for the reclamation and processing of sulphide nickel tailings.
Diversified both geographically and in terms of product, the company is located in two key mining regions – Braemore Nickel in Western Australia and Braemore Platinum in South Africa. Braemore’s access to proprietary technology, and in particular the Mintek ConRoast technology, which has successfully operated at demonstration level, makes the company well-positioned to become a significant player in the burgeoning South African PGMs sector, offering a more cost-effective, environmentally friendly and accessible smelting option to a host of junior mining companies. Unlike conventional smelters, ConRoast is unaffected by the high chrome-content ores, which are increasingly being mined. Braemore’s management team, in South Africa and Australia, brings with them impressive credentials in their respective sectors, combined with a board that is knowledgeable in metals processing, financial and commodities markets.
Braemore supplemented its existing AIM listing with a JSE listing on 16 July 2008. The JSE listing will provide Braemore with access to the South African capital markets via exposure to an enlarged potential shareholder base and improve share liquidity, while creating increased awareness of the company and its prospects amongst the South African investor community.
Diversified both geographically and in terms of product, the company is located in two key mining regions – Braemore Nickel in Western Australia and Braemore Platinum in South Africa. Braemore’s access to proprietary technology, and in particular the Mintek ConRoast technology, which has successfully operated at demonstration level, makes the company well-positioned to become a significant player in the burgeoning South African PGMs sector, offering a more cost-effective, environmentally friendly and accessible smelting option to a host of junior mining companies. Unlike conventional smelters, ConRoast is unaffected by the high chrome-content ores, which are increasingly being mined. Braemore’s management team, in South Africa and Australia, brings with them impressive credentials in their respective sectors, combined with a board that is knowledgeable in metals processing, financial and commodities markets.
Braemore supplemented its existing AIM listing with a JSE listing on 16 July 2008. The JSE listing will provide Braemore with access to the South African capital markets via exposure to an enlarged potential shareholder base and improve share liquidity, while creating increased awareness of the company and its prospects amongst the South African investor community.
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