| 2018 R'000 |
2017 R’000 |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| 3 | INTANGIBLE ASSETS | ||||||||
| Dwarsrivier mineral rights | 659 722 | 709 624 | |||||||
| Carrying amount at beginning of year | 709 624 | – | |||||||
| Acquired during the year | – | 736 016 | |||||||
| Amortised during the year | (49 902) | (26 392) | |||||||
| Goodwill | |||||||||
| Goodwill arising on the acquisition of Minerais U.S. LLC | 1 418 | 1 418 | |||||||
| 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 | |||||||||
| Licences | – | 69 | |||||||
| Carrying amount at beginning of year | 69 | 249 | |||||||
| Amortised during the year | (69) | (180) | |||||||
| 661 140 | 711 111 | ||||||||