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Company Profile

Gravel belts 

Overview

Chromex Mining plc (AIM: CHX) is an AIM quoted dedicated chrome production company established to acquire, control and develop chromite mining and processing facilities.  It currently has two key mining assets located on the Bushveld Complex in South Africa, which between them have total resources of approximately 41 million tonnes of chromite.

Stellite Project – Western Limb

  • 31.9Mt opencast and underground resource with a New Order Mining Right
  • Commenced production July 2008 
  • Benefication plant commissioned June 2009
  • Currently producing circa 20,000 run-of-mine (ROM) tonnes per month - aim to double by Q3 2010
  • Mining Right expanded to include all PGMs and gold - metallurgical testwork currently being undertaken on chrome tailings 

Mecklenburg – Eastern Limb

  • 9.6Mt underground resource with a bankable feasibility study completed in March 2007, New Order Mining Right

Additionally, in line with the Company’s strategy of building a broad portfolio of chrome and related mineral assets across southern Africa, Chromex has expanded its operations to Zimbabwe.  The Company has concluded the acquisition of Waylox Mining (Private) Limited, a chrome mining company operating in Zimbabwe with a 683Ha land position in the prospective Darwandale area and signed a binding Heads of Agreement acquiring 49% of Falvect Mining (Private) Limited in Zimbabwe.

The information above is disclosed in accordance with AIM Rule 26.

Published : 19/05/2010 07:45:19

Latest News

Exercise of Warrants

16.08.2010

Rule 2.10 Announcement

19.08.2010

Rule 8 OPD (Amended)

31.08.2010

Delayed Share Price

Mid: 31.50p (0.00%)

Bid: 30.00p

Ask: 33.00p

Last Trade: 31.50p
Last Close: 31.50p

Data delayed at least 15 minutes

Chromex Mining PLC trade on the LSE. (Symbol: CHX)