Nkwe’s strategy is to add substantial shareholder value through the acquisition, exploration, development and commercialisation of Platinum Group Elements (PGE) and associated base metal projects in the Bushveld Complex of South Africa.

Exploration Strategy

• A single South African Bushveld platinum focus (80% of world resources, 70% of world production)
• The Bushveld Complex – world class ore bodies and infrastructure
• Five core project areas that by size and location are each capable of being developed into a mine
• Proven exploration and development team: relevant engineering, geological and project management experience

Growth and Development Strategy

• Five key project areas with more than 25,000 hectares all on outcrop
• Core acquisitions are complete – future contiguous growth with Industry Majors and Junior Explorers
• Expanding resources, converting resources to reserves and developing projects areas into mines
• Outsourcing mining, processing, planning with world-class contractor
• Advanced-stage negotiations with world-class strategic partner for constructing and operating facilities to produce more than 1 million ounces of PGMs

Milestones Achieved

• Initial Mineral Resource estimate for Garatau Project
• Announcement of Call Option deal with Xstrata
• Initial Mineral Resource estimate for Tubatse Project

2010
Feb 10 – Initial Bankable Feasibility Study and Resource Upgrade on Garatau project

2009
Dec 09 – Morningstar Extension of Share Purchase Agreement
Nov 09 – Ms Mokganyetsi Staff Sithole appointed as new Director and Joint Company Secretary
Oct 09 – NKWE and IGC finalise sale of Tubatse
June 09 – Morningstar Acquisition
June 09 – Acquisition of IGC’s 15% stake in Tubatse
Feb 09 – IGC finalised merger – extension of option

2008
Nov 08 – Commencement of ADR programme
Aug 08 – Xstrata JV
Feb 08 – Settlement of Anglo claim
Feb 08 – sale of de Wildt
Jan 08 – Positive drill results on the Merensky Reef

2007
October 07 – Andre van der Merwe appointed as Operations Manager
October 07 – MOU signed with Dyondisani Mining Energy and Bolotola Investments to acquire 100% interest in prospecting rights to PGM farms
September 07 – Nkwe to acquire 59% interest in Genorah
September 07 – DME confirm valid Genorah Rights
July 07 – Positive assay results from Garatau Project and completion of Airborne Magnetic Survey over the entire project area
June 07 – Agreement made with Indian Ocean Capital Pty Ltd to underwrite the exercise of the Company’s 14m unlisted options
March 07 – Completion of strategic placement of $13.8m
March 07 – UG2 Reef intersected in three of the boreholes
March 07 – Merensky Reef intersected in all boreholes drilled on the farm Garatouw 282KT
January 07 – Acquire 74% interest in the Genorah farms De Kom and Garatouw

2006
December 06 – Prospecting rights granted on the De Wildt Project
December 06 – ASX waiver granted to allow 126m shares to be issued in two equal tranches to Genorah as consideration for the acquisition of Genorah’s interest in the prospecting rights to Garatau Platinum Project
October 06 – Finalise Placement of 1,597,230 shares to raise AUD$1,038,200 for working capital
October 06 – Messrs Sharif Pandor and Peter Landau appointed as Non Executive Directors
September 06 – Company acquires Genorah’s interest in the prospecting rights to two strategically located PGM farms on Eastern Limb of the Bushveld Complex
July 06 – Mr Maredi Mphahlele appointed as Non Executive Director
July 06 – Company enters into a joint venture on a series of farms located in eastern Bushveld with exciting BEE partner
July 06 – All old order exploration permits successfully converted to new order rights
July 06 – First phase of drilling was undertaken on NPA 3 Ghost Mountain
July 06 – Blue Nightingale acquire 30% equity interest in Nkwe Platinum (South Africa) (Pty) Ltd, the Company’s 100% owned subsidiary
May 06 – Company agrees a BEE transaction with Blue Nightingale Trading 709 (Pty) Ltd
April 06 – Finalised negotiations with prominent BEE partner
February 06 – Finalisation of geological interpretation on NPA 2 Rooderand
January 06 – Total PGE resource on existing projects increase to 17M undiscounted PGE ounces
January 06 – Appointment of CEO Mr Tony Weber

2005
October 05 – Issued second new prospecting right over portions of Welvonden 215 JS and Witpoort 216 JS at Tinderbox (NPA 4)