Xtract Resources plc (XTR) Ord 0.02p
Xtract Resources PLC is a United Kingdom-based gold and copper exploration and development company with projects in Chile and South Africa. The Company operates through two segments: Gold Production, which operates gold and precious metal mining, and Investment and Other, which includes investment in various unlisted resource companies, including available-for-sale assets. The Company's Chepica Gold & Copper Mine is located approximately 300 kilometers south of Santiago near the town of Talca. The Chepica Gold & Copper Mine produces approximately 4,000 tons per month. The Company's Manica Gold Project is located approximately four kilometers north of Manica town, over 270 kilometers west-northwest of the city of Biera. The Manica Gold Project is set to produce approximately 30 thousand ounces (koz) per annum. The Company's subsidiaries include RPK Finance & Holdings BV, Polar Mining (Barbados) Limited and Minera Polar Limitada.
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