Precious Metals

Mining Weekly reported after Lonmin (LSE:LMI) lost an appeal with South Africa’s Department of Mineral Resources Keysha has appealed for the same rights.

Mining Weekly reported after Lonmin (LSE:LMI) lost an appeal with South Africa’s Department of Mineral Resources Keysha has appealed for the same rights.

As quoted in the market news:

The Department of Mineral Resources (DMR) said that after careful consideration it had decided to confirm its previous decision to grant HolGoun’s Keysha the right to prospect for chrome, iron, nickel, lead, zinc and copper where Lonmin had the long-held right to mine platinum group metals (PGMs)

DMR director-general Dr Thibedi Ramontja said Lonmin’s old-order mining right referred only to PGMs and not the minerals Keysha was pursuing.

Click here to read the full Mining Weekly report.

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