Ministerial Visit to Mine Site June 2015
Ministerial site visit, June 2015 attended by a large delegation including the Namibian Minister of Mines and Energy in Namibia, the Honorable Obeth Kandjoze, and the Governor of the Erongo Region, the Honourable Cleophas Mutjavikua
The project has a current JORC resource of 1,120,000 tonnes, with resulting underground in situ metal inventory of:
NRR proposes a staged mine production development, with a reduced construction capital, ramping up in accordance with the resource expansion resulting from ongoing exploration activities. The new implementation plan proposes a Q1 2018 construction start and with an initial production of 7,200t zinc and 2,500t lead in phase 1 of the project development, with future expansion planned.
The construction period will be less than 1 year with an 8 year mine plan proposed based on a mining inventory of 885kt of ore mined.
The project has a JORC compliant Probable Ore Reserve of 611,000t ore containing 6.6% zinc and 2.3% lead. The project received a 10-year Mining Licence from the Ministry of Mines and Energy in May 2017.
In addition to the Namib project, the Company has numerous other interests in both Namibia and Mozambique covering phosphate, iron ore, copper and gold.
11.04.2018 | Namib Project proceeds into construction |
26.02.2018 | Notice of General Meeting relating to the proposed allotment and issue of 28,044,574 new Ordinary Shares |
20.10.2017 | Namib Lead & Zinc Mine Updates Resources and Reserves |
09.06.2017 |
Corporate Update of Activities &
Issue of Mining Licence for the Namib Project |
17.03.2017 | Result of GM & Cancellation |
21.02.2017 | Proposed cancellation of trading on AIM and Notice of General Meeting |
12.12.2016 | Resource Drilling Programme Result |
26.09.2016 | Interim Results |
26.08.2016 | Company Update |
18.07.2016 | Result of General Meeting and Fundraising |
07.07.2016 | Change of Registered Office Address |
06.07.2016 | Shareholder Conference Call |
28.06.2016 | US$5.6 million Fundraising, Share Capital Reorganisation & Notice of General Meeting |
24.06.2016 | Board Change |
02.06.2016 | Final Results |
26.04.2016 | Drilling update |