Bauba confident of Moeijelijk 20yr mining right in Q1
JOHANNESBURG (miningweekly.com) – JSE-listed Bauba Platinum is cautiously optimistic of securing a 20-year mining right to replace the current small-scale mining permit over its Moeijelijk chrome deposit, in Limpopo, by the first quarter of 2016.
The company lodged the application with the Department of Mineral Resources earlier this year after fulfilling the last legislative condition required before the start of full-scale mining.
Discussions were currently under way with “various parties” to start the underground chrome operations in 2016, subject to the granting of the mining right and prevailing market conditions.
“If underground mining operations commence, then these operations will run in parallel with existing opencast operations, consequently rendering a significant increase in tonnages to be mined monthly,” the company said in a statement.
Since the first blast in March, the company has achieved the targeted production rate of 20 000 t/m of chrome.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation