Kazera granted a mining permit for Walviskop mineral sands project
Investment company Kazera Global’s 60%-owned subsidiary Whale Head Minerals has been granted a mining permit for the Walviskop heavy mineral sands (HMS) project, in South Africa’s Northern Cape province.
The five-year permit covers a 5 ha beach sand deposit, with the possibility of further extensions.
Kazera expects the mine to generate more than $300 000 of gross profit a month, for 6 000 t a month of HMS production. The project currently has an estimated mine life of five years.
The company says this development will have a substantial positive impact on the company’s profitability and the Richtersveld region.
Walviskop sits within the diamond mining operations of Kazera’s other South African subsidiary Deep Blue Minerals.
The Walviskop deposit has a mineral resource of 3.11-million tons of HMS grading 61.2%, predominantly consisting of garnet and ilmenite.
Whale Head has also applied for a prospecting right over an adjacent beach, which appears to share similar characteristics to Walviskop and is much larger.
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