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Oakbay Resources and Energy (JSE:46926) Unpaid Loss & Loss Reserve


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What is Oakbay Resources and Energy Unpaid Loss & Loss Reserve?

Unpaid Loss & Loss Reserve only applies to insurance companies.


Oakbay Resources and Energy (JSE:46926) Business Description

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Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.