Modern Mining July 2023

MINING News

Mantengu Mining commissions chrome plant

Andrada Mining commences trading on OTCQB

Competent Persons Report. Mike Miller, Group Chief Executive Officer, Mantengu Mining, says the report estimated Langpan’s chrome reserve at 2.17 million tonnes, underpinning Langpan’s valuation of R851 million. “The successful commissioning of the chrome plant has enhanced pro duction capacity to a throughput of 36 000 tpm or 100 tph, as opposed to the previously anticipated 30 000 tpm or 70 tph. The plant is expected to produce approximately 18 000 tonnes of chrome concen trate, with a chrome content of between 42% and 44%, a month.” First deliveries of chrome concentrate from this plant are expected to commence on or about 8 June 2023. 

JSE-listed Mantengu Mining has con firmed the successful commissioning of Langpan Mining’s first of three chrome processing plants, located in Thabazimbi, Limpopo. This is the culmination of an 18-month process, which commenced in December 2021 with the finalisation of a

Anthony Viljoen, CEO of Andrada Mining.

AIM-listed Andrada Mining, an African technology metals mining company with a portfolio of mining and exploration assets in Namibia, has commenced trading on the OTCQB® to access US retail investors and to broaden shareholder register. Anthony Viljoen, CEO of Andrada, said: “Admission to the OTCQB® Market is a key step in Andrada’s strategy to broaden the company’s investor base by making its shares more accessible to the North American institutional and retail investors. This investor base is known for its under standing of, and strong appetite for, mining companies, particularly in lithium equities. To that effect, Andrada will start marketing and outreach efforts to US based investors in the coming months to increase aware ness of our significant near-term lithium project.” 

Mantengu Mining has commissioned the first of three chrome processing plants.

Mzila Mthenjane – new CEO of Minerals Council South Africa The Minerals Council South Africa has appointed Mzila Mthenjane as its new CEO. Mthenjane will leave his role as Executive Head for Stakeholder Affairs at Exxaro Resources to join the Minerals Council. He has more than 30 years of experience in the South African min ing industry and financial services. Mthenjane replaces Roger Baxter who leaves the Minerals Council at the end of June. During his nine years in a leadership role, Baxter oversaw a funda mental repositioning and rebranding of the then-Chamber of Mines to become the Minerals Council South Africa.  Minerals Council South Africa has appointed Mzila Mthenjane as its new CEO.

6  MODERN MINING  July 2023