TWP Consulting plans continued pgm growth strategy 1st February 2008

TWP Consulting has announced that a current pipeline worth in the region of R50 billion will keep it occupied at least until 2012.

However, the company has committed to continued growth in order to meet the increasing demands of the minings and minerals industry.

TWP Consulting will be able to pursue this course of action, which was previously only facilitated using company profits, with more vigour following the recent listing of TWP Holdings on the JSE main board, it said.

According to TWP Consulting CEO Digby Glover, the company will focus on a number of sectors, including gold, platinum, diamonds, coal, nickel, cobalt, cement and copper, Mining Weekly reports.

TWP will attempt to add value to all of its projects in these sectors from the beginning of the value added chain.

To this end, TWO Consulting is currently conducting a feasibility study and early execution of Impala Platinum's No 17 shaft.

It is thought that the project will be at full production of 235,000 t/m of platinum by 2016, with this new shaft replacing production from older shafts which are nearing the end of their productive life.

TWP is also heavily involved in the project execution of Impala Platinum's No 20 shaft, which is due to be completed in 2009.

Source:

Aggressive growth strategy set to meet market demand, 01/02/08
http://www.miningweekly.co.za/article.php?a_id=124041

Ÿ Adfero Ltd



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