https://www.miningweekly.com

URU applies to renew Zebediela prospecting rights

29th October 2018

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

URU Metals has applied for the renewal of the prospecting rights that make up its Zebediela nickel project, in South Africa.

The Department of Mineral Resources (DMR) has completed a site visit, a precondition of any prospecting rights renewal process and granted the renewal in principle for prospecting right 148PR, the right which forms the primary prospecting right over all known mineralisation at Zebediela.

However, the right has not yet been counter signed by URU and the DMR and the renewal period will only start upon the signature of the renewed licences, which is expected to occur next month.

Meanwhile, an application in terms of Section 102 of the Mineral and Petroleum Resources Development Act has also been made to append licences 1074PR and 11921PR to 148PR.

This application will be processed once the execution of the renewals has occurred, which will have consolidated these prospecting rights into a single prospecting right (148PR) that will provide operational efficiencies to the company going forward.

URU has received an indication from the DMR that the rights will be renewed for a further period of two to three years and expects the consolidation process to be completed by January 2019.

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

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 
Lilak Aluminium
Lilak Aluminium

For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.

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:0.054 0.771s - 110pq - 2rq
Subscribe Now