Data shows a mismatch between strengthened climate ambitions and the availability of critical minerals essential to realising those ambitions.
The final investment decision to proceed with development of the Toliara Project in Madagascar has been delayed.
Rockwell Automation's Pavilion8® Model Predictive Control increases throughput, lowers reagents consumption, improves recovery, optimises water and energy usage and improves process stability.
It seems Ghana and South Africa have a few things in common – mature mining industries and very unreliable power supply from their state-owned electricity providers.
The Company would not be required to contribute to the capital needed to build the project and would retain a 90% equity interest in Kola.
“The DFS for Kola demonstrated that it will have large operating margins and a long project life which is suited to royalty financing."
“The capital flight affecting Burkina Faso and Ghana in the area of mining is disturbing and we must work to solve it”.
This follows the completion of a review review of the Mining Act which covers prospecting and mining activities in the country.
During their notice period the Company will commence the process to select his replacement and keep the board informed of progress.