Media Room

ARM’s iron-ore mines allowed to continue loading from stockpile

JSE-listed diversified miner African Rainbow Minerals (ARM) advises shareholders that its joint venture subsidiary, Assmang, has been granted permission from Mineral Resources and Energy Minister Gwede Mantashe to operate its iron-ore load-out stations.

The Khumani and Beeshoek mines are therefore allowed to continue loading iron-ore from the mines’ respective stockpiles.

Resgen expects financial close for Boikarabelo project later this quarter

ASX- and JSE-listed Resource Generation (Resgen) was due to host a shareholders meeting in late March or early April to vote on approving its proposed mine funding package for the Boikarabelo coal project, in South Africa’s Limpopo province.

Given the national lockdown declared in South Africa, the company now expects to only achieve financial close on the project by June 30.

Savannah continues various work streams remotely despite disruptions

Aim-listed Savannah Resources has managed to continue with a few of its key activities despite Covid-19-related disruptions to other operations.

Savannah has closed all its offices and arranged for staff to work remotely, suspended all field activities, reduced the staff complement to essential staff only at the Mutamba project, in Mozambique, and suspended all non-essential travel.