Media coverage 2024
African Rainbow Capital gives Kropz Elandsfontein R140-million loan
KROPZ Plc got a bridge loan facility of R140-million from its major shareholder, the African Rainbow Capital (ARC) Fund, to meet the immediate cash requirements at Kropz Elandsfontein. Cape Business News
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Kropz reveals restructuring plans to simplify debt, boost operational progress
Aim-listed phosphate producer Kropz has announced plans to restructure its finances and raise additional funds to support its projects. This move is aimed at simplifying the company’s debt situation and boosting its operational progress at key projects, particularly the Elandsfontein phosphate project in South Africa and the Hinda project in Congo-Brazzaville. Engineering News | | 45KB
Kropz records $5.7m loss for 2023 as Elandsfontein ramps up
As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. Mining Weekly | | 45KB
Kropz appoints new financial manager
Aim-listed phosphate miner Kropz has appointed chartered accountant Werner Greyling to succeed Louis Swart as financial manager, with effect from March 1. Mining Weekly | | 45KB
Kropz makes last drawdown from recent loan
Aim-listed Kropz has made the final drawdown of R52-million related to a bridge loan facility it secured with its major shareholder, African Rainbow Capital Fund, in December. Mining Weekly | | 45KB