Bauba awarded mining permits to exploit South Africam chromite deposits
Published: Thursday, 27 November 2014
By receiving permits to mine chromite near Limpopo, South Africa, the JSE-listed company can acquire 60% of mining prospecting rights in the area and speed up its plans supply chromite to ASA Metals and other players in the chromite industry.
Johannesburg-listed junior company, Bauba
A Hlabirwa Mining Investments, has received a permit to exploit
chromite resources and
is in a position to acquire a 60% stake in prospecting rights
in Limpopo province, South Africa.
The company said that the permits allow it to mine about
240,000 tpa chromite at a production...