Bauba Platinum Gets 20 Year Chrome Mine Right

Bauba Platinum (JSE:BAU) has receoved a 20 year chrome mine right at Moeijelijk from the Department of Mineral Resources in South Africa, Mining Weekly reported.

As quoted in the publication:

Bauba had, during the second quarter of this year, also concluded discussions with certain parties regarding the planning of underground chrome operations at a rate of 30 000 t/m run-of-mine ore at Moeijelijk.

The development of the underground mining operations could possibly start in the last quarter of this year or during the first quarter of 2017, subject to the granting of a pending water use licence and prevailing market conditions.

Click here for the full article.


Get the Latest Chromium Investing Stock Information

Get the latest information about companies associated with Chromium Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply