| Notes to consolidated financial statements l Note 3 |
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3 |
INTANGIBLE ASSETS |
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Licences |
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Carrying amount at beginning of year |
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249 |
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Amortisation for the year |
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(180) |
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Carrying amount at end of year |
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69 |
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Dwarsrivier mineral rights |
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709 624 |
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– acquired during the year |
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736 016 |
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– amortisation during the year |
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(26 392) |
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Goodwill |
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Goodwill arising on the acquisition of Minerais U.S. LLC |
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1 418 |
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711 111 |
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The directors are of the opinion that remaining goodwill recognised will be recovered in the form of future cash flows anticipated from Minerais U.S. LLC and is therefore not impaired |
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| Notes to consolidated financial statements l Note 3 |
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