Risk and valuation analysis of the Steenkampskraal Project |
Status Risk : Past producer |
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Title(s) of the Steenkampskraal Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 20.8% |
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Title | Company Profile | All Projects | Company website | Company project page |
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GWMG holds an indirect interest in the project through its 20.8% shareholding of Rare Earth Extraction Co. Ltd. ("Rareco"). |
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Location of the Steenkampskraal Project |
The mine is located approximately 70 km north of the town of Vanrhynsdorp, population 4,000, in the Western Cape Province of South Africa and is approximately 350 km north and west of Cape Town.
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History of the Steenkampskraal Project |
The Steenkampskraal mine originally operated through a subsidiary company of Anglo American Corporation from 1952 to 1963, making a monazite concentrate that was sold mostly for its thorium content rather than its rare earth content, and was the larg more...
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Geology of the Steenkampskraal Project |
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The Steenkampskraal monazite deposit occurs in a sequence of highly metamorphosed crystalline gneisses of the Roodewal Suite: charnokites, leuco-tonalites, tonalites and enderbites. These rocks are a pale-coloured, competent host rock in which the gr more...
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