DMR approves Bushveld subsidiary’s prospecting right expansion
JOHANNESBURG (miningweekly.com) – Aim-listed junior iron-ore and tin explorer Bushveld Minerals on Tuesday said its 64%-owned Pamish Investments 39 subsidiary had received Ministerial consent from South Africa’s Department of Minerals (DMR) to add two farms to its exiting prospecting right..
The DMR granted the subsidiary approval to add the Schoonoord 786 LR and Bellevue 808 LR farms, as well as the mineral phosphate rock, to its prospecting right, in terms of Section 102 of the Mineral and Petroleum Resources Development Act of 2002.
The existing prospecting right had included the Vliegekraal 783 LR, Vogelstruisfontein 765 LR and Vriesland 781 LR farms.
“The inclusion of the farms will potentially extend the iron-ore resource beyond our one-billion ton target. More importantly, it allows us to extend our resources along strike, thus maintaining the opencast mining proposition of this deposit.
“The inclusion of phosphate in the license means that we can now develop the phosphate potential of the project in earnest, which we believe will significantly enhance the economics of the whole project,” Bushveld Minerals CEO Fortune Mojapelo said in a statement on Tuesday.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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