Platinum and chrome miner Bauba Resources reports that its 74%-owned exploration company Nuco Chrome business has been granted a mining right, which is valid for eight years.
The mining right – notarially executed on June 23 – came into effect on June 3, and will end on June 2, 2030.
This mining right enables Nuco Chrome to start mining chrome, cobalt, copper, gold, nickel and platinum group metals on portions of the farms Kookfontein 265 JQ and Boschfontein 268 JQ, in Rustenburg.