Wednesday, 23 September 2015

Investor sought for a US$ 5 million a coal mine project in South Africa


The farms lie within the Ellisras Coal Field. The subjacent geology of the Lephalale region consist of quartzite sandstone of the Waterberg Super Group in the south whilst Karoo Super Group is found to the north and east, consisting of sandstone and shale.

Large coal deposits are found in the area, whilst diamonds are found at The Oaks Mine near the small town of Swartwater. Phosphates are mined at the Glenover Mine near Steenbokpan. Fluor spar is also found in the Lephalale area.


The Ellisras/Waterberg coal field was concealed in the heart of the South African bushveld for millions of years. Grootegeluk Mine took the challenge to unleash this hidden treasure, which bold step changed the course of history of the area.

The coal seams mined at the Grootegeluk Mine form part of the Upper (Volksrust formation) and Middle Ecca (Vryheid formation) with an average coal thickness of 115 meters. The Upper Ecca is on average 60 meters thick and comprises interblended shale and bright coal successions whilst the Middle Ecca, on average 50 meters thick, forms the lower part of the coal deposit and contain dull coal, carbonaceous shale, as well as grit and sandstone.

The coal field is fault-bounded along its northern and southern limits. The Eenzaamheid-fault, with a displacement of at least 250 meters, forms the southern boundary, whilst the northern boundary is formed by the Zoetfontein-fault. The Daarby-fault, with a displacement of 250 meters, divides the Waterberg coal field into 2 areas: a shallow western area where it is possible to obtain the coal through open pit mining methods and a deep north-eastern area where the coal occurs at a depth of 250 meters below surface. Although this coal field covers a relatively small surface area, it is one of South Africa`s most important coal fields in terms of insitu reserves.
The invasive prospecting will commence with the geological mapping of the area in question.  Drilling and sampling will commence with a planned approach of delineating the deposit by drilling in the furthest points of the licensed area and continuing with infill drilling as required.  Environmental Impact Assessment will have to be completed by means of mapping.  Geohydrological testing will start with a hydrosensus and proceed with percussion drilling and hydrological testing as required.  A model of the geohydrological model will be constructed from this data

It is envisaged that 6 vertical diamond-drill holes with 1 deflection per borehole should be drilled, sampled and assayed.The primary holes will be drilled NQ(47.4mm core diametre) with TNW deflections(60.3mm).The localities of the drill holes will be shown on plan once entry to the property is allowed.



Phase 2 (month 7 to 18)
Reverse circulations and diamond drilling to test defined targets

Diamond core drilling of 3 boreholes to an average depth of 150 meters. This amount to an estimated 450 meters of drilling. The contractor will utilize 2 drill rigs, capable of drilling 60 meters per day and work 5 days per week-however this equates to an estimated 3 days per hole including establishment/moving to the drill site, then include another full day, thus 4 days per hole. This implies that the first phase of drilling will take approximately 12 working days, thus one month.
 
 
Phase 3 (month 19 - 30)
Depending on the results of phase 2, the following preliminary program might be followed:
Further reverse circulation and diamond drilling aimed initially at a more detailed appraisal of targets drilled during phase 2 aimed at establishing an initial resource
Positive results will lead to additional closer spaced RC and diamond drilling aimed at progressing the Project to the bankable feasibility stage.
 
Diamond core drilling of a further 3 boreholes to an average depth of 150 meters. This amount to an estimated 450 meters of drilling. The contractor will utilized 2 drill rig, capable of drilling 60 meters per day and will work 5 days per week-however this equates to 1 hole every 3 days including establishment/moving to the drill site, then include another full day, thus 4 days per hole. This implies that the second phase of drilling will take twelf working days, thus a month.
A minimum of 3 samples per hole will be taken, although it May be necessary to take additional samples in transitional zones. Therefore at least nine (9) samples will be taken for analysis. Since full wash abilities with proximate, CV, phosphorous and sulphur analyses will be carried out on all samples, reporting of results are expected within 15 days of submission, however samples will be taken and submitted on a weekly basis
 
Resource estimation and block modeling will be completed by the geostatistician, whilst geological interpretation and exploration data analysis will be completed by the geologist.  Resource classification will be determined by the mining engineer.
 

 

 

 

Monday, 27 July 2015

The International Forum on Madagascar Showcasing Madagascar’s potential as a mining investment destination


A key obstacle to exploration in this resource rich island of Madagascar is the backlog of about 4,000 applications dating back to 2011.

However Mining and Petroleum Minister Joeli Valerien Lalaharisaina has confirmed that the government will start re-issuing mining permits and unveil the new mining code at the International Forum on Madagascar in September 23-25: http://bit.ly/1LJQI51

Attend this one of a kind conference and exhibition and be the first to hear the Minister’s plans for the mining industry in Madagascar.

Hear from other mining operators including Rio Tinto, World Titanium Resources and Energizer Resources Minerals and understand the drivers and inhibitors of advancing mining projects in Madagascar. See more here: http://bit.ly/1LJQI51

Key Speakers include:

·         Joeli ValĂ©rien Lalaharisaina, The Minister near the Presidency in charge of Mining and Petroleum

·         Scott Reid, President & CEO, Austral Resources Ltd

·         Jeff Williams, CEO, World Titanium Resources

·         Craig Scherba, President & COO, Energizer Resources Inc.

·         Bonaventure Rasoanaivo, Directeur General, OMNIS

·         Dan Weir, CEO, DNI Metals

Book before 1st August and save £550 – And the first 150 bookings receive a ticket to the exclusive invite only Gala Dinner on the evening of 23rd September! See more here: http://bit.ly/1LJQI51

To book, please register here and quote MKTLIN. If you need any help with your booking, please contact Rosie on r.brewster@theenergyexchange.co.uk

Monday, 29 July 2013

Diamond Mining Opportunity in South Africa



Diamond Mining Opportunity in South Africa
Monastery Mine (Pty) Ltd, Mining Right application for diamonds in kimberlite and ilmenite in Kimberlite has been accepted by the DMR in South Africa and is planning to commence mining operations on the Monastery Kimberlite and Fissure. The Monastery Mine team is seeking very experienced Mining Engineers, Engineers and entrepreneurs that and will enter into JV operations with a diamond mine located in the Free State Province of South Africa. The company seeks an equity partner to invest in the project or venture capitalist looking for exceptional high returns over short term period.

The Monastery diamond mine has a Diamond Mineral Resource up to 500m from outcrop to 500m grading at 25 carats per 100 tons or a total of 1,5 million carats. During the early 1980’s the mine produced about 14 000 carats.

Monastery Mine will refurbish its present 100tph DMS plant and immediately commence processing diamondiferous dump material. Ramp-up to full production at 50,000 tons per month, is estimated to take about six months.

Equity investors have an opportunity to acquire significant interest in the operating Copper mine as well as the JV mining operator. The current projections indicate that the business will deliver a real internal rate of return of more than 50%.

Interested investors seeking to enter the African rough diamond producing market are encouraged to respond to this opportunity.

Please note: This opportunity is not accessible to citizens of the United States of America due to SEC regulations.

Contact: Suza Adam, suza.adam@spindlecommunications.com, +27 11 880 0364

Saturday, 4 May 2013

Mineral beneficiation projects seeking investment sought to showcase at Madini Africa



If your mine is planning to beneficiate minerals, but lack the capital to do so, consider taking part in Madini Africa as a business case presenter, making an investor presentation to a group of mining investors focused on mineral beneficiation in Africa.

Madini Africa

On the 12th and 13th of November 2013 the pre -eminent investment conference for African mineral processing and beneficiation is taking place in Johannesburg South Africa

The event is centered around African countries natural resources and the way by which investment is specifically delivered into the development of mining industrial processing plant at or near the mining site and an additional down-stream value- adding semi finished/complete products derived of the mineral being extracted.

Specifically the conference/exhibition, rather than being a mere “talk-shop' is bringing together principals of mining houses, government officials from participating African countries and matching them up with local and international mining and mineral processing investors.

In difference to many other events on the calender this is an event where project principals, promoters are delivering a brief or investment proposal of 30 minutes to the participating audience – seeking their funding commitments.

If your company is active in supplying engineering and product solutions to the said sector then this event would prove extremely beneficial to your participation, where your company can find partners not just for the outright acquisition of equipment, but your company can partake as an investor/partner in an early stage development of mineral beneficiation initiative/s, thereby maximizing its economic benefits.

Video footage of the presentations will be made available at a cost at www.madiniafrica.com

Should you consider attending the conference, exhibition, presenting a business case for investment, or speak on this very important topic for the African continent.

In anticipation to meet you in South Africa


Visit the event on G+


https://plus.google.com/u/0/events/c33ngifl594qaqlunolkm9dfhfk

Kind regards

Suza Adam
Spindle Communications
 +27118800364 
Suza.Adam @ madiniafrica.com

Sunday, 13 January 2013

Angel investors sought to invest in the re-commissioning of a coal washing plant

Angel investors sought to invest in the re-commissioning of a coal washing plant for coal beneficiation in Witbank, South Africa

Our company Bon View Energy (kj) is looking for investment to the tune of R30 million to purchase and re-commission a coal washing plant in the Mpumalanga area in a very busy coal complex. 

The facility is surrounded by four huge mines and five power stations, with the fifth one still under construction. 

The washing plant has been out of operation for at least three years and needs to be refurbished in order to become operational. 

The surrounding mines in the area are more export driven and this allows for the opportunity for the beneficiation facility to process low grade coal for the power utility in the area. 

Eskom recently through the Public Enterprises Minister invited junior miners to its head quarters to outline its plans of coal acquisition from small black suppliers and developing its black coal supplier database. 

Our company has already secured a potential coal agreement of at least 100 000 tons of ROM that will be processed thru the facility. 

We urgently looking for a investor to partner with us on this lucrative venture.


For more info contact:

Jonny Moosa
Executive Director
Bon View Energy(kj) 

moosajm @ gmail.com
za.linkedin.com/pub/jonny-moosa/26/965/6b0/

Wednesday, 26 December 2012

Mineral beneficiation projects seeking investment sought to showcase at Madini Africa

If your mine is planning to beneficiate minerals, but lack the capital to do so, consider taking part in Madini Africa as a business case presenter, making an investor presentation to a group of mining investors focused on mineral beneficiation in Africa.

On the 12 & 13 of November 2013, Madini Africa, the pre-eminent Investment in Mineral Beneficiation conference will be held at the Killarney Country Club, Lower Houghton in Johannesburg. 

The conference would present a range of emerging opportunities within the context of proposed legislation requiring greater value adding manufacturing operations within the vacinity of the mining operation, i.e within the country of origin. 

This drive is already evidenced in South Africa and is expected to be followed by other African countries. 

Therefore mineral beneficiation would be commercially sensible to do, aside of the direct economic benefits given per specific project, but also gaining the competitive edge in attaining and retaining mining exploration licenses and resource extraction.

Contact me on suza.adam@madiniafrica.com or visit www.madiniafrica.com for more info.

Monday, 26 November 2012

Mn mine in Zambia seeks JV partner

Erfwise Traders own a Zambian mining company fully legally compliant with relevant Tax and Export Incentives, with a ten year (renewable) mining license.
 
Their Mn mine contains very high grade ore, above 54% and they  are seeking to expand their output substantially to 360,000Mt pa.

In order to do this, the company is offering an equity shareholding, or may consider an outright sale of the mine, as they have other mining operations in another part of the country, in other metals. 

Erfwise Traders are seeking a JV mining partner for a payment of US$2,5 million, who will receive equity and full participation in all future profits.


Erfwise Traders intends utilising a contract mining company, therefore no capital equipment outlay will be required.  


We are busy securing offtake agreements for 20,000Mt + monthly. The mine will be managed by current owners, and mined by the contract mining group.

Contact Peter van Zyl, Managing Director, Erfwise Traders via Linkedin:
http://za.linkedin.com/pub/peter-van-zyl/16/b63/112