Prescient presentation - Petmin
Prescient presentation - Petmin
Prescient presentation - Petmin
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Fully invested overview of <strong>Petmin</strong><br />
58<br />
Red Crescent<br />
Resources<br />
Corporate<br />
investment in<br />
a junior mining<br />
company with<br />
assets in<br />
Turkey<br />
Iron Bird JV<br />
JV with<br />
Humming Bird<br />
Resources, a<br />
early stage<br />
Liberian Iron<br />
Ore Project<br />
<strong>Petmin</strong><br />
US$ 17m US$ 4.6m US$ 2.0m US$ 25.0m ZAR 98m<br />
37.5%<br />
SIVAS<br />
Copper<br />
Project<br />
Ownership –<br />
37.5% <strong>Petmin</strong><br />
37.5% RCR<br />
25% Local<br />
partners<br />
10.1% 50% 40%* 25% 0% 100%<br />
Canadian<br />
Iron Sands<br />
Pig Iron<br />
Project<br />
*Option for<br />
further 9.9%<br />
Copper Copper, Iron ore Iron sands<br />
zinc<br />
and pig<br />
iron<br />
Projects<br />
Operations<br />
Veremo<br />
Holdings<br />
(Pty) Ltd<br />
Pig Iron<br />
Project<br />
SamQuarz<br />
(Pty) Ltd<br />
SamQuarz<br />
Silica Mine<br />
Tendele Coal<br />
Mining (Pty)<br />
Ltd<br />
Somkhele<br />
Anthracite<br />
Mine<br />
Pig iron Silica Metallurgical<br />
anthracite<br />
SOLD to Ferro Atlantica – September 2011<br />
(awaiting Section 11)<br />
<strong>Petmin</strong> will receive ~ZAR229m after CGT<br />
…turning …Committed development to projects growth, …exceeding into dedicated cash generative to expectations<br />
value assets
Change language