SRK prepared an independent technical report on the Foskor operations in Phalaborwa, South Africa, following the 2016 SAMREC Code. The project involved a full technical review and an unaudited cashflow model to assess profitability. SRK assisted the Foskor geologist with resource estimation tasks such as database review, sample preparation, variography, and modeling, serving as training. SRK managed the mineral reserve process, covering pit optimization, design, scheduling, and cashflow modeling. The report’s effective date was December 31, 2019. SRK has provided yearly updates since, completing a full review in 2024 as part of a five-year update.
By South Africa
