Emmerson progressing feasibility study at Morocco potash project
Progress on finalising the feasibility study at potash-focused development company Emmerson’s Khemisset potash project, in northern Morocco, continues, with only minor, if any, delays to the delivery timetable expected.
Emmerson on Monday said that it still expects to be able to meet the previously provided timelines, subject to the continuing availability of its independent engineers.
The Covid-19 outbreak and related global mitigation actions are, so far, having a limited impact on the project, the miner confirmed in a statement.
However, taking the current crisis into account, Emmerson indicated that it had a “robust contingency plan” in place to reduce costs and focus on maintaining shareholder value, should the current market instability continue into the latter half of the year.
As a precautionary measure, staff in Morocco are predominantly working from home, with a skeleton workforce in place in the office or at site when necessary.
All non-essential activity, including travel, has been ceased or reduced to protect the miner’s employees and assets, and conserve capital.
Commenting on the current unprecedented market situation, Emmerson CEO Hayden Locke said the miner remains fortunate in terms of its ongoing work programmes, most which were now focused on desktop reviews and report writing.
“The environmental- and social-impact assessment is under way, and we will continue to move this key item forward to ensure [the company’s] aggressive permitting lines will still be achieved, assuming some stability and normality return in the latter part of the year,” Locke noted.
Should the disruptions continue past that point, Emmerson already has a mitigation strategy in place.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.
VISIT SHOWROOM
Complete range of security sealing solutions including security seals bags and labels.
VISIT SHOWROOM
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
