Weak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.
The project is subjected to a feasibility study that demonstrated an approximate 11-year life of mine with average gold production of 100,000 oz. per annum.
Benjamin Mossman appealed the decision that found him guilty of 13 environmental violations, including discharging mine waste, failing to report environmental spills and dumping,