https://www.miningweekly.com

Bushveld Minerals announces revised project target dates

Bushveld Minerals announces revised project target dates

Photo by Duane Daws

8th July 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Aim-listed Bushveld Minerals on Tuesday said that it expected the prefeasibility study (PFS) for its Bushveld PQ iron-ore project to be completed during the 2015 calendar year.

This study had previously been expected to be completed during the first quarter of this year.

The company also stated that the P-Q Zone phosphate scoping and prefeasibility studies were now expected to be completed during the fourth quarter of this year and during 2015 respectively.

“In support of transparent disclosure to all stakeholders, we provide these new target dates for communicating key upcoming developments across our project platforms, based on operational progress during the last six months.

“While there are delays expected, they result from factors beyond the control of the company, or the need to incorporate recent developments in the project, such as the potential acquisition of the Zaaiplaats tailings project,” Bushveld Minerals CEO Fortune Mojapelo said.

The company also on Tuesday delayed the date for the completion of the due diligence of the Zaaiplaats tailings project to August, as opposed to the last stated date of June 30.

Further, the Bushveld vanadium project’s scoping study was now expected to be completed during the third quarter of this year, while the PFS would be completed during 2015.

The Mokopane tin project’s scoping study was targeted for completion during the third quarter of the year, while the Marble Hall scoping study was expected to be completed during 2015.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 1.032s - 110pq - 2rq
Subscribe Now