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Tawana prepares for Liberia operation restart

22nd January 2015

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – As the health, safety and corporate risks associated with the Ebola virus in Liberia diminish, ASX-listed Tawana Resources is gearing up to resume full site-based activities at its $53-million Mofe Creek iron-ore project.

In August last year, Tawana suspended all nonessential fieldwork at its potential 1.2-million to 1.5-million-ton-a-year iron-ore mine after a state of emergency was declared in Liberia.

The Liberia-based corporate office remained open during late 2014 and key local personnel were retained on staff payroll; however, all staff and personnel with outstanding leave were placed on mandatory leave or temporary redundancy during the suspension to minimise cash burn.

The West African country aimed to be Ebola-free by the end of February, with plans in place to reopen schools on February 2 after experiencing two days with zero new cases reported last week, its lowest weekly total since June.

Tawana, in response to this, produced a site-based recommencement and mobilisation plan, which would be implemented after a final review of the local community conditions within the project area had been completed and adequate management and logistics procedures could be implemented for sustainable, safe operations.

The junior iron-ore developer planned to provide a full quarterly performance update, highlighting achievements of the project early next week.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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