IFM, Chrometco agree to start Rooderand chrome mining
JOHANNESBURG (miningweekly.com) – London-listed International Ferro Metals (IFM) has signed an agreement with JSE-listed Chrometco for the start of mining at the Rooderand LG6 openpit mine, in the North West.
IFM said the Phase 1 exploration drilling programme at the mine had been completed, with Phase 2 drilling, which was under way, expected to be completed by March next year.
Mining was then expected to start in October, with beneficiation to occur at IFM’s beneficiation plant.
IFM was aiming to mine up to 200 000 t of LG6 chrome ore over a 12-month period with the potential for further mining, depending on the success of Phase 2 exploration drilling.
This would allow the company to obtain higher-grade feedstock for its furnaces, resulting in more flexible and cost effective operations.
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