| 2019 R’000 |
2018 R’000 |
|||||||
|---|---|---|---|---|---|---|---|---|
| 3 | INTANGIBLE ASSETS | |||||||
| Mineral rights | 633 333 | 659 722 | ||||||
| Carrying amount at beginning of year | 659 722 | 709 624 | ||||||
| Amortised during the year | (26 389) | (49 902) | ||||||
| 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 | — | — | ||||||
| Carrying amount at beginning of year | — | 69 | ||||||
| Amortised during the year | — | (69) | ||||||
| 634 751 | 661 140 | |||||||