Ferrum Crescent Awaits Logistics Clarity for Limpopo Project

Nov. 10, 2011 02:33PM PST

Mining Weekly reported Ferrum Crescent said it could not complete a definitive feasibility study for its Moonlight Crescent iron-ore project.

As quoted in the market news:

However, Ferrum Crescent COO Vernon Harvey told Mining Weekly Online that the company would continue developing the resource at the iron-ore (magnetite) project, while it awaited clarity on logistics.
The company had applied for a mining right from the Department of Mineral Resources in January and anticipate this to be granted early in 2012.

Click here to read the full Mining Weekly report.

iron investing