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Epic & Msn data
Epic BRR
Time: 16:31:10
Mid Price: 3.05
Change Today: -1.55 Descending
Change % Today: -33.70 Descending
Fifty Two Week High: 7.35
Fifty Two Week Low: 1.00
Market Capital: 24.07
Period & price data
Period Price
Now: 3.05
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: General Mining - Platinum Group Metals
Epic: BRR
News: Latest news
Web Site: Braemore Resources
Other Articles: 16-06-200911-06-200926-05-2009

Braemore Resources

Braemore Resources plc is an AIM quoted company with the objective of developing into a top 10 international nickel and platinum group metal producer. Braemore has diversified both geographically and in respect of product — nickel and platinum. Both metals have significant demand growth potential from end-users in quite separate industries. The company is focusing on nickel in Australia and both nickel and platinum in South Africa.

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Friday, November 28, 2008

Braemore Resources Says Strategy In South Africa On Track

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Braemore Resources PLC said it is on track to reach its goal of becoming the first independent, empowered platinum group metals producer in South Africa and is excited by the opportunities available.

Ina statement prepared for the group’s annual general meeting, Braemore said in the past year, it has steadily advanced its strategy within both its platinum and nickel operations.   


 The continuing successful operation of its demonstration PGM smelting facility in Johannesburg has generated cash flow and proved the economic viability of its ConRoast technology. The facility is currently ramping up from 75 percent to 100 percent capacity utilisation and the recent off-take agreements signed with Anglo Platinum and Northam have secured smelter feed amidst an uncertain environment in the PGM sector.


On the nickel side, a review of project economics and related development options regarding the Leinster project is ongoing and will be concluded within the first quarter of 2009.

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