03:51 PM EST - Eastern Platinum Limited : reported a review of funding for all its South African mining operations based on the current economic environment has been completed. Management at the Crocodile River Mine has thoroughly analyzed its mining operations and proposes to implement a comprehensive mine development plan to reduce costs and improve efficiencies. The proposed plan would involve extensive underground development resulting in reduced stoping production and increased "on-reef" development in the near term, leading to significant increases in mineable reserves, production, and operating flexibility in the medium and long term. Eastern Platinum Limited
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