HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: South African union files case against Samancor

Yikes, just as the responsible Steel get ratified at the end of the month..

 

Samancor’s operations are centred on reserves held in the Bushveld layered intrusive complex, which contains approximately 70% of the world’s economic chrome ore reserves in the Lower Group (LG) 6 and Middle Group (MG) 1 seams.

https://www.youtube.com/watch?time_continue=1&v=ufzMHab55Xk

https://business.financialpost.com/pmn/business-pmn/south-african-union-files-case-against-

Samancor-chrome-over-alleged-fraud

Oct. 2, 2019

South African union files case against Samancor Chrome over alleged fraud

JOHANNESBURG — South Africa’s Association of Mineworkers and Construction Union (AMCU) said it had filed a court case on Wednesday against manganese and chrome producer Samancor Chrome relating to alleged fraud.

The company is stealing from the workers,” said AMCU President Joseph Mathunjwa on the sidelines of a mining conference in Johannesburg.

Human rights lawyer Richard Spoor, who is representing AMCU, said via Twitter the case related to fraud and profit shifting worth hundreds of millions of dollars. He said further detail would be provided later on Wednesday.

Samancor had no immediate comment.

(Reporting by Tanisha Heiberg; Editing by Edmund Blair)

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