Chrome Mining Project in South Africa

The South Africa Chrome Mining Project is at an advanced stage of exploration and development, presenting a promising investment opportunity. With substantial high-grade chrome reserves, state-of-the-art beneficiation facilities, and well-established infrastructure, this project is well-positioned for strong profitability through a joint venture partnership.

Licensing Requirements

Before operations commence, adherence to regulatory standards is critical:

• Mining License: Full mining rights approved by the Department of Mineral Resources (DMR).
• Operational License: Existing licenses cover on-site beneficiation and processing activities.
• Environmental Compliance: Cleared by the Environmental Impact Assessment (EIA).

We ensure seamless compliance with all local regulations and facilitate necessary documentation.

Company Structure & Registration

Our proposed Joint Venture (JV) structure offers shared investment, minimized risk, and optimized returns. Registration processes and costs will be finalized post-site inspection and due diligence, ensuring flexibility for various operational scales.

Exploration Costs & Equipment

Exploration is ongoing, supported by state-of-the-art technology:

• Ground Penetrating Radar (GPR): Advanced detection for accurate chrome mapping.
• Drilling Equipment: Fully functional for core sampling and resource verification.

Core Equipment List

For optimal operations, the following key equipment is in place:

• Hydro-Spiral Beneficiation Plant: Operational, with a capacity to process 50 tons/hour.
• Crushing and Screening Units: Upgraded for high-efficiency production.
• Transport Fleet:
  • 2 dump trucks (20-ton capacity each)
  • 4 loader trucks
  • 2 field double-cabin vehicles
• Generators:
  • 1 (500 kV) for main processing
  • 2 (100 kV) backup units
• Heavy Machinery:
  • 3 Excavators (Caterpillar)
  • Mobile crushers: 200 tons/day capacity
• Auxiliary Tools:
  • Submersible water pumps
  • Grinding and welding equipment
  • Jackhammers and oxygen blowers

Processing Facilities

• Beneficiation Plant: Advanced hydro-spiral technology ensures superior recovery rates of up to 60%.
• Secondary Processing Unit: Proposed addition to double current production capacity.
• On-Site Laboratory: Ensures quality control and grade verification.

Manpower Requirements

• Non-Skilled Workers: 80-100 local laborers for mining operations.
• Skilled Personnel:
  • Geologists
  • Metallurgists
  • Process Engineers
  • Mechanical Engineers
  • Operations Supervisors

Site Infrastructure

• Water Supply: Three dedicated boreholes with 1.5 KW pumps ensure an ample supply.
• Access Roads: Fully developed, connecting to major routes (N4 toll-road and R104).
• Staff Facilities: On-site housing for management and workers, plus additional support infrastructure.

Resource Details

• Mineral Type: Chrome
• Grades:
  • Metallurgical: 42%-44% Cr₂O₃
  • Chemical: 44%-46% Cr₂O₃
  • Foundry: 46%-48% Cr₂O₃
• Estimated Reserves: Projected monthly output of 20,000 tons chrome concentrate post-upgrades.

Investment Overview

• Required Investment: ZAR 180,000,000
  • Breakdown:
    • Property and Plant Acquisition: ZAR 106,000,000
    • Equipment and Infrastructure Upgrades: ZAR 59,000,000
    • Commission and Operational Costs: ZAR 15,000,000

Conclusion

The South Africa Chrome Mining Project offers a strategic investment opportunity, backed by significant chrome reserves and advanced infrastructure. Through a joint venture structure, both parties can share risks and rewards, ensuring sustainable growth and long-term profitability.