Mine excursion
Reason to celebrate. Kangra is the first mine to allocate shares to workers and
communities since Mineral Resources Minister Gwede Mantashe issued Mining
Charter III.
Kangra has only about two years of mining life left on its Maquasa mining
right, which includes Maquasa East and Maquasa West, and according to
Rothmann, they are currently awaiting regulatory approvals to expand the
mine through the Kusipongo project.
The Kusipongo development project is adjacent to Maquasa and will
replace it in the medium term. The area has a total gross tonnes in-situ
of approximately 263 million tonnes (Mt). The current mining right
granted is for the extraction of 32.2Mt. “The expansion project is crucial
in the medium term if we are to maintain existing jobs and ensure smooth
longevity of mining operations,” says Rothmann.
www.miningmirror.co.za
JULY 2019 MINING MIRROR [17]
JULY 2019 MINING MIRROR [17]