Keras anticipates that the all documentation related to the exploitation permit will be signed by SGM and Keras during the course of the current week and a full announcement of the terms of the permit and the underlying protocols will be made immediately after signature.
Russell Lamming, CEO of Keras, commented: “This is great news for the future of Keras, and a major milestone for the company. Our strategy of proving up the Project through the fully funded 10 000 t bulk sampling programme has been validated, and the installed processing capacity allows us to commence production of beneficiated 38% manganese ore at a rate of 6500 tpm without investing any further capital.”
