swartkopfontein manganese project

21
SWARTKOPFONTEIN MANGANESE PROJECT North West Province, South Africa AUGUST 2020 Presented by: Prime Business Capital Design Quarter, Leslie Avenue Fourways, 2055 P O Box 786077 Sandton, 2146 Johannesburg SOUTH AFRICA

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SWARTKOPFONTEIN MANGANESE PROJECT

North West Province, South Africa

AUGUST 2020

Presented by:

Prime Business Capital

Design Quarter, Leslie Avenue

Fourways, 2055

P O Box 786077

Sandton, 2146

Johannesburg

SOUTH AFRICA

KEY INVESTMENT HIGHLIGHTS

Estimated resources at :

Measured resources: 14MT

Indicated resources: 41MT

Inferred resources: 34MT

Ore grades average 34.86% MnO and 13.25% Fe2O3

There is significant potential to expand the manganese

minerals resource on Area 2 of the mining area along

strike and down dip, and along its 12 km strike on Areas

1, 3-9 with potential to upscale production from the

current 5,000 tons per month to an estimated 20 000

tons per month.

Use of the well-established DMS technology allows for

the mining and processing of low grade resources

considered uneconomic.

Strong exploration potential exist for 8 km east of the

mining lease and for 36km in Botswana.

An existing transformer supplies power to the operation,

and six boreholes provide a source of water.

Good road access that links the mining operation to the

N4 Pretoria-Zeerust-Lobatse main road. 40km trucking

distance to Gaborone, capital of Botswana and easy rail

access from Gaborone to main ports in South Africa.

The current mining method is open cast and is simple

and inexpensive and focusses on the shallow dipping

manganese outcrop area.

All the mined ore is transported and fed into the on site

processing plant for washing.

Good opportunity exist to optimise the manganese

production by refurbishing the existing plant to scale up

production from the current 5kt to 20kt per month.

Highlights Details

1

2

3

4

Significant resource upside potential

Well defined resources

Additional greenfield exploration

opportunities

Existing infrastructure

5

7

Straight forward mining method

Current operation ready to scale up to

generate serious cash flow

6 Processing plant on site

KEY INVESTMENT HIGHLIGHTS … cont.

Mining Rights issued to Manganese Minerals held over a

total area of 912.9727 ha extending over nine ore blocks

made up of six blocks on the Swartkopfontein 7 KO

tenement and three blocks on the Sechelis Oude Stad 6

KO tenement.

Mining Right valid until June 2036

Water Use Licence in place

Social Labour Plan in place

Environmental Impact Assessment & Environmental

Management Programme in place

Currently an application has been lodged with DMR to

extend the current mining right boundaries for further

drilling down the dip section of the current right.

Currently employing 60 full time employees along with

the independent safety and risk management trainers,

rock engineers and geologists to ensure that the mine

operates at the highest standards at all time.

The operation is led by a qualified and skilled manage-

ment team consisting of:

CEO—Nancy Chen Schutte

General Manager— Phillip Schutte

Mining Engineer— Daniel Kazangarare

Rock Engineer— Willard Mbalaka

Machinery Engineer— Christo Botha

Electrical Engineer— Abraham Celliers

Occupational Safety Officer—John Turnbull

Safety and Risk Management Trainer— Senzeko

Risk Services

Technical Councillor— Isaac Letsholo

An MOU with local Community Trust that allows access

to land is in place and no resettlement of indigenous

people or graves is required on the Project site.

Highlights Details

8

9 Skilled management team running the

operation

Mining Rights and Authorisations in place

10 Strong and healthy community links

1. INTRODUCTION

Manganese Minerals requires investment capital to refurbish the processing plant, giving special attention to crushing unit with the intention to produce lumpy and fines at optimum product recovery with minimum misplaced discard material. Alternatively, the processing plant could be replaced completely with a new high volume and more efficient one. Because the jigging section of the plant seem not to be efficient, which causes the product to come out contami-nated with discard material, the owners are considering a DMS unit in the near future to enhance product quality and improve fines recovery.

Bringing capital investment and personnel with the necessary skills and expertise into the operation will grow the operation from its current production level of around 5,000 t/m to a monthly plant production throughput of at least 20,000 t/m.

An investment of ZAR52 million (or equivalent in USD) is sought, which includes further drilling on Area 1 to further supplement production levels.

Manganese Minerals has officially appointed Prime Business Capital as a debt and equity corporate advisor to help secure

investment from interested investors willing and capable of investing capital in the current operation to ramp up and upscale

production levels. Investors could come in the form of lenders, equity investors or even offtakers willing to make a

pre-production investment to secure future supply of the product.

MANDATE

PROJECT BACKGROUND

The Swartkopfontein Project consists of a small manganese mining operation located on two tenements made up of a total of

nine manganese ore blocks, and located 80km northwest of Zeerust town, in the district of Lehurutse on the border of South

Africa with Botswana. The deposit was originally acquired by Rand Mines Ltd that carried out comprehensive exploration in

1976/77 on the farms Zwartkopfontein 7 KO and Secheli’s Oude Stad 6 KO. Resource drilling has indicated that the in situ ore

has a grading of 34.85% in a zone averaging 3.8m in thickness.

Bulk sampling and petrography studies conducted on the property has confirmed the geology and manganese resources

originally delineated by the Rand Mines exploration. Independent mineralogical and metallurgical test by the University of

Natal and Mintek showed that the manganese ores can be upgraded to a medium-to-high grade Mn product.

Ore Characteristics

The ore is ferruginous and siliceous in character consisting of manganese mineral association: institute-pyrolusite-psilomelane.

Three types of manganese mineralization can be recognised on the property and they grade into each other, namely, “spotty”,

“patchy”, “ferruginous” and “porous” ores. These deposits, as opposed to the large metallurgical grade deposits of the North-

ern Cape, consists of manganese dioxide which can be refined to chemical grade manganese.

Current Operation

The current operation consists of an open-pit mine and a washing plant. Ore is processed on site at a plant designed for low

production volume of under 15,000 tons per month, however, currently the operation produces between 3,000 and 5,000

tons of manganese per month. Most of the mining is happening on Block 2 out of nine blocks, which is the area that has been

the focus of the most intensive investigations comprising core drilling and the development of an exploration mining pit. The

Plant produces tonnages which average at 35% lumpy and 35% fines product with 30% being produced as discard material.

Not much information is available about the current recoveries at the plant and their distribution, also it looks like a lot of

fines are being generated from the plant, but it is not certain whether this is as a result of the mining method used or whether

this could be process related. The mine is currently managed by a Technical Team that includes a Mining Engineer and Geolo-

gists and is run on a 5-day working week.

INVESTMENT REQUIREMENTS

2. PROJECT OVERVIEW

LOCATION

The Swartkopfontein deposits are situated approximately 80km North of the town of Zeerust in the magisterial district

of Lehurutshe, North West Province, immediately southeast of Ramotswa and the Zwartkopfontein border with

Botswana. A total of nine discrete deposit ore blocks have been identified, extending over a total strike length

distance of some 15km. Six ore blocks are found on the farm Zwartkopfontein and three on the adjacent farm Secheli’s

Oude Stad.

ROAD AND ACCESS

Tarred access is provided by the N4 (Pretoria-Zeerust-Lobatse Road) turning off northwards, approximately 10km west

of Zeerust, into the Lehurutshe-Witkliegat-Zwartkopfontein gate Ramotswa road. The deposits a located 5km north of

Witkleigat. Further access to the remainder of the deposits is attained via dirt tracks leading off the dirt road that links

the Ramotswa-Lehurutshe road with the Zeerust-Gaborone (R505) road.

INFRASTRUCTURE

Power supply — High voltage (kV) electrical power lines that have been installed along the Lehurutse-Ramotswa

road and within sight of the most western block (Block 2), supply an existing transformer on the mine property with

the required electrical power needs.

Water supply — There are six (6) boreholes drilled within the mining area for water. No detailed groundwater

exploration programme has ever been done.

PROJECT OVERVIEW...cont.

1976 -1977: The deposit was first explored by Rand Mines Ltd who acquired the two farms, Zwartfontein 7 KO and

Secheli’s 6 KO and carried out regional exploration and systematic drilling along strike in 1976/77. The essay results

from the Resource Drilling Report which showed 26 trenches and 20 surface outcrops, 108 percussion drill holes

(totalling 1,678m), and 29 diamond drill holes of 100 mm diameter (totalling 863 m), indicated that the in-situ ore had

a grade of approximately 34.85% MnO.

1991: Inter-Metmin carried out further geological and mineralogical studies on the farms .

1993: The tenements were subsequently acquired by Manganese Minerals (Pty) Ltd, a wholly owned subsidiary of Inter

-Metmin (Pty) Ltd.

1996: Further feasibility studies followed with further trenching and sampling, followed by the excavation of an explo-

ration pit in Block 2 and the twin boreholes drilling for resource and grade estimation studies.

LOCALITY MAP

PROJECT HISTORY

Fig 1: The Swartkopfontein locality map

PROJECT OVERVIEW...cont.

2000: Exploration core drilling in Block 2 was carried out. A total of 27 holes of 60.5 mm diameter, spacing interval of

strike 60 meters, dip spacing 50 meters, holes drilled per line 1-3, and depth of holes 20 meters. Bulk samples were

collected for laboratory test work including petrography studies, beneficiation and washability tests. These studies

confirmed the geology and manganese resources originally delineated by the Rand Mines exploration. Independent

mineralogical and metallurgical test by the University of Natal and Mintek showed that the manganese ores can be

upgraded to a medium to high grade Mn product.

2011: Manganese Minerals acquired by New Venture Mining Resources (Pty) Ltd, following a JV arrangement pending

Section 11 since 2008.

OWNERSHIP STRUCTURE

Manganese Minerals (Pty) Ltd, which holds the two tenements of Swartkopfontein 7 KO and Sechelis Oude Stad 6 KO under mining right NW30/5/2/2/476MR, is a privately owned junior mining company that focuses on the development of manganese mining projects in South Africa with future plans to expand its operations to the region. The company’s shareholding structure is in compliance with the South African broad based black economic empowerment (B-BBEE) legal requirements. The current ownership structure is as follows:

New Venture Mining Resources (Pty) Ltd - 74%

Historically disadvantaged South African Entities (B-BBEE) - 26% The B-BBEE is made up of employees, community trusts and local entrepreneurs.

NVM Resources (Pty) Ltd

B-BBEE Manganese Minerals

(Pty) Ltd 26%

74%

100%

Mining Right

NW 30/5/2/2/476MR

Fig 2: Ownership Structure

3. GEOLOGICAL SETTING AND MINERALISATION

REGIONAL GEOLOGY

The Swartkopfontein Deposits are confined the Polo Ground Member of the Rooihoogte Formation. The Rooihoogte

Formation forms the lowermost unit of the Timeball Hill Formation of the Pretoria Group, which is in turn part of the

Transvaal Supergroup. The Proterozoic Transvaal Supergroup is an extensive sedimentary succession that forms the floor

rocks of the Nietverdient lobe of the 2050 Myr Bushveld Complex.

Subsistence of the Bushveld Complex resulted in a broad basin–shaped structure. This is surrounded by inward-dipping

Transvaal Supergroup strata forming an accurate almost unbroken chain of hills that extend from Groot Marico in the South

(Enzelberg Range), northwards along the South Africa-Botswana border and then swing eastwards into the Swartkopfontein

area (Dwarsberge Range)

The Transvaal Supergroup is also affected by a number of approximately NE-SW trending faults. Some of these are related

smaller faults that have affected the manganese horizon.

Site Location

GEOLOGICAL SETTING AND MINERALISATION… cont.

Two manganese deposits, the Gopane and Swartkopfontein deposits, are known to be present in this area. They both form

part of the Pretoria Group of the Transvaal Supergroup and are in many ways similar. The Gopane manganese deposit lies

56km northwest of Zeerust. The ore body averages 3.8m in thickness and mineralisation is confined to a 1-8m thick zone in a

stromatolitic limestone bed which forms part of the Polo Ground Member of the Rooihoogte Formations. The ore body is con-

formable with the sediments and mineralisation known to extend along strike, both to the northwest and northeast. From

Skilpadshek on the Botswana border, the mineralized horizon extends some 50km into South Africa and a further 25km into

Botswana.

The dip of the sediments averages 15° to the northeast and at Gopane mineralisation has been shown to extend 124m down

dip. The ore is ferruginous and siliceous in character, containing goethite, quartz, various phyllosilicates and the manganese

minerals insutite, pyrolusite and cryptomelane, in intimate association. The manganese content varies between 15 and 50 %

MnO2. The genesis of these deposits probably involved dissolution of dolomite and the residual accumulation of manganese

(Steyn et al. 1986). The Swartkopfontein deposit occurs in the same stratigraphic horizon about 40km north from the farm

Swartkopfontein 7 KO eastward to Lekkerdorst brecciate Polo Ground Quartzite, with the best mineralisation occurring in the

most intensely deformed portions, such as Secheli’s Oude Stad 6 KO.

LOCAL GEOLOGY

Figure 3: The extent of Manganese bearing strata from South Africa to Botswana

4. DRILLING CAMPAIGN

DRILL HOLE DATA REVIEW

Historical core drilling information on the properties was reviewed in order to determine the thickness and depth variations

on the mineralized horizon. From this information a better understanding of the geological and structural control was dis-

cerned. This information was used in planning the RC drilling programme.

A total of 108 TNW (60.5mm diameter) core boreholes were drilled between October and November 1976. Each position was

surveyed and ore intersections from the drill cores were sampled at 0.5 m intervals through the ore zones. All analyses were

done at University of Natal (Geological Laboratory). The old drill cores are no longer available and the reported grades could

not be verified. Sectional data from an old report is available but the position of the drill holes could not be verified. Below is

the potential resources defined for the project.

Area Drilling Mn Thickness (m)

Grade

(%MnO)

Potential Re-

source (Mt)

Comments

1 7 Percussion drillholes,

3 trenches

4.1 32.3 2.00 Drilling & CPR

Required

2 13 Historical drillholes,

39 current RC drillholes

3.0 21.06 0.22 Currently being

mined

3 13 Percussion drillholes,

1 trench

4.3 40.3 2.00 Drilling & CPR

Required

4 17 Percussion drillholes,

2 trenches

3.1 36.2 1.00 Drilling & CPR

Required

5 5 Percussion drillholes Drilling & CPR

Table 1: Project potential Manganese ore resources.

DRILLING CAMPAIGN … cont.

HISTORICAL DRILLING MAP ON THE NINE MANGANESE RESOURCE BLOCKS

Area Drilling Mn Thickness (m)

Grade

(%MnO)

Potential Re-

source (Mt)

Comments

6 14 Percussion drillholes,

6 trenches

2.6 32.2 1.00 Drilling & CPR

Required

7 14 Historical drillholes,

2 trenches

2.1 30.2 0.8 Currently being

mined

8 16 Percussion drillholes,

2 trenches

2.5 29.4 3.00 Drilling & CPR

Required

9 11 Percussion drillholes,

2 trenches

2.9 37.8 3.1 Drilling & CPR

Required

Table 1 (continued): Project potential Manganese ore

Fig 2: Historical drilling map

Fig 4: Historical drilling map

DRILLING CAMPAIGN… cont.

Fig 5: Drilling set up

Fig 6: Drilling sample collection

Fig 7: Sample splitting before packaging

Fig 8: Drillhole Profiles collected and stored for

future use

Drilling

A total of 39 RC drillholes were drilled on the Area

2 totalling 575 m with maximum depth of 30 m.

The drilling was focussed on mining areas Pit 2 and

3 and areas constituting the extension and down

dip of the mineralised manganese body.

Of the 39 RC drillholes, 10 were drilled in Pit 2, 12

in Pit 3 and the remainder on the extensions.

Sampling

Samples were collected and split into two on site

and one sample was taken to Suntech Geomet

laboratory located in Johannesburg for analyses. A

total of 143 samples were collected. Each sample

was split using a sample splitter to two samples. One

sample was taken to the laboratory whilst the other

half was kept at Manganese Mine offices for future

reference. Sample MNP03_10_01 and

MNPP02_08_06 were not delivered to Suntech by

Manganese Minerals.

Storage

Drillhole profiles including geological records and rock samples col-

lected were stored to ensure that exploratory drilling work is

preserved for future use. A proper chain of custody procedures was

followed from sample collection to essaying and storage of

reference material.

5. MINING AND PROCESSING

MINING AREA LAYOUT

Fig 9: Mine layout plan

Fig 10: Processing plant layout

Currently mining has been taking place on the Area 2 Pits 2 and 3. The mining focusses on the shallow dipping manganese out-

crop area and all the ore is transported to the plant for washing. The shallow outcrop areas have indicated higher grades as

compared to the down dip areas.

A practical and simple mine design

will need to be produced with the

intention to ensure maximum exploi-

tation of the manganese resources

and consideration of the safety of

employees and stakeholders for the

down dip areas and strike extensions.

PROCESSING PLANT

The mine is currently processing the

ore onsite. From visual it looks like a

lot of fines are being generated from

the plant which could be a result of

the mining method used or could be

process related. A large amount of

coarse material is also being discard-

ed but visually it shows to have a high

percentage of manganese.

MINING AND PROCESSING … cont.

PROCESSING PLANT

Fig 11: Processing plant

Fig 12: Processing plant section

Fig 13: Processing Plant Water Retention Section

The processing plant incorporates conventional

multistage crushing plant with grizzly ahead of

both the primary and secondary crushers. The

mine run ore is dumped through a 10" grizzly

into a coarse ore bin. The ore is discharged by

a Apron Feeder to feed the primary Jaw

Crusher. This crusher is equipped with a 2½"

opening shaking grizzly to remove the under-

sized material. ROM is pre-screened to

minimize amount of sand going through

processing plant-washing facility.

The manganese ore is transported to the

processing plant. The plant process is a

standard crushing and screening process

to create a marketable product with a

particle sizing of -70mm +0mm. The tech-

nology applied is a jaw crusher, a multi-

deck screen, and a cone crusher. The final

product will have a particle sizing of

-70mm to +0 mm and a manganese con-

tent of 34% Mn .

Ore Washing uses hydraulic

washing and additional mechani-

cal scrubbing to separate the ore

from the mud. This is accompa-

nied by screening which entails

washing directly on the vibrating

screen or sending the ore

obtained by the washing

machine to the vibrating screen.

MINING AND PROCESSING … cont.

PROCESSED ORE STOCKPILE

Fig 15: Processed Ore Stockpile

Fig 14: Processing Plant Screening Section

6. OPERATIONS

CURRENT MINING OPERATION

The current operation consists of an open-pit mine and a washing plant.

The mine layout plan currently consists of an office complex, plant complex and storage area.

The mine is currently managed by a Technical Team that includes a Mining Engineer and Geologists and is run on a

5-day working week.

Ore is processed on site at a plant designed for low production volume of under 15,000 tons per month.

The current production is between 3,000 t/m and 5,000 t/m.

The Plant produces tonnages which average at 35% lumpy and 35% fines product with 30% being produced as discard

material.

Not much information is available about the current recoveries at the plant and their distribution.

A lot of fines are being generated from the plant, but it is not certain whether this is as a result of the mining method

used or whether this could be process related.

A large amount of coarse material is also being discarded but visually it shows to have a high percentage of manganese.

RECOMMENDED IMPROVEMENTS ON CURRENT OPERATIONS

Detailed geological and geophysical mapping to be undertaken.

Define manganese resources sufficient to support the available processing and beneficiation plant.

To perform a Mineral Resource Study to determine SAMREC compliant results.

To examine the technical, logistical, legal, environmental and economic aspects of the project.

A mine design plan should be done to delineate the optimal pits outline.

Grade control systems must be set up on the mine to improve the grade and quality of manganese that is mined and

fed into the processing plant.

Review and optimise the manganese processing flow chart.

To perform an upstream and downstream beneficiation route for the manganese.

To use the Definitive Feasibility Study (DFS) report to secure further private sector/public funding for the mine.

7. FINANCIAL PROJECTIONS —7 YEAR PLAN

Table 3: Resource tonnage and revenue projections

NEAR TERM OBJECTIVES

To refurbish the processing plant, giving special attention to crushing unit with the intention to produce lumpy and

fines at optimum product recovery with minimum misplaced discard material.

To bring in capital investment and personnel with necessary skills and expertise into the operation to grow the mine

from its current production level of around 5,000 tons per month to a monthly plant production throughput of at least

20,000 tons.

Because the jigging section of the plant seem not to be efficient, which causes the product to come out contaminated

with discard material, the owners are considering a DMS unit in the near future to enhance product quality and im-

prove fines recovery.

To develop a New Mining Plan by:

Increasing monthly output by increasing mining stripping rate.

Developing new Life of Mine Plan based on new resource model.

Improving ROM Ore quality through implementation of grade control measures.

Creating mining flexibility.

Improve process water recycle rate.

8. INVESTMENT REQUIREMENTS

FINANCING AND INVESTMENT

The Project owners are seeking capital investment into their operation to enable them to upgrade the processing plant to

ramp up production from the current 5,000 tonnes per month to a minimum of 20,000 tonnes per month and also to

undertake some targeted drilling in Area 1 to supplement production levels.

Investors sought can therefore be in any of the following categories or a combination thereof:

1. Lender — for debt

2. Equity Investors — for equity, or

3. Offtakers — for pre-production investment to secure future product supply

Mining Operations

FUNDING/ INVESTMENT AREA AMOUNT

Processing plant upgrade capex R 15,000,000

Mining Working Capital (3 x months) R 3,337,708

Sub-Total 1 R 18,337,708

Explorations / Targeted drilling

FUNDING/ INVESTMENT AREA AMOUNT

Site establishment R 800,000

Exploration to CPR Capex R 13,596,770

Exploration Working Capital (3 x months) R 19,331,580

Sub-Total 2 R 33,728,350

Three months working capital for all critical activities including the deployment of a

mobile crushing plant and pit production ramp up to enable the operation to generate

enough revenue to sustain the business.

TOTAL R 50,066,058

Ex rate @US$1.00=ZAR16.40 US$ 3,052, 808

Manganese Minerals is therefore seeking a total investment of ZAR52,068,700 (USD3,174,921) which is

inclusive of capital raising costs.

9. TECHNICAL TEAM AND MANAGEMENT

Fig 16: Mine Management and Technical Team

Manganese Minerals makes use of a qualified and motivated workforce with the experience and expertise to deliver on the

project plan. The mine is currently managed by a Technical Team that includes a Mining Engineer and Geologists. The tech-

nical team leads the extraction and throughput of product from the mining operation through processing to load-out in a safe

and cost effective manner according to the provisions of the approved business plan.

TECHNICAL TEAM

Fig 17: Technical Team

TECHNICAL TEAM AND MANAGEMENT … cont.

MANAGEMENT

Phillip Schutte General Manager As the General Manager of Manganese Minerals, Phillip Schutte has vast experience in management and has cultivated numerous valuable relationships with local private and public entities. Having served as a police officer over four decades, he is a people person who has dedicated his life to helping others, and an expert in communicating with all stakeholders involved in our business. He can speak English, Afrikaans, and Xhosa, enabling him to converse with a wide spectrum of individuals across South Africa and beyond in the region. He has completed studies through Wits University and Pretoria University, qualifying with financial and management degrees, which allow him to be involved in high level management decisions with the training and experience to succeed.

Phillip Schutte—GM

Nancy Chen Schutte Chief Executive Officer Nancy Chen Schutte is the Executive Director of Manganese Minerals. Armed with the vast management experience and business expertise that comes with working in high level positions in China and South Africa, Mrs Chen Schutte leads the company with vision and understanding. Her qualifications include Bachelor’s degrees in English and International Relations from the Chinese People’s Liberation Army Uni-versity of Foreigner Language in Nanjing. She has previously served as Secretary and Executive Assistant of Chongqing international Economic and Technological Cooperation Limited. She has been working in South Africa for almost 20 years, amassing great experience in numerous roles, including as Branch Manager of Chongqing Overseas Enterprises in South Africa, and Deputy Chairperson and Executive Assistant of Central China Business Association of Southern Africa. The company benefits from her many years of valuable practical experience in mineral resources investment, development, and mining related trading.

Nancy Chen Schutte —CEO

OPERATIONS AND MANAGEMENT … cont.

Isaac Letsholo— Consultant

MANAGEMENT ...cont.

Daniel Kazangarare Mine Manager Daniel Kazangarare is an experienced Project Manager, Consultant and Professional Mining Engineer with over 22 years’ experience in Coal (Underground and Open Pit), Gold (Underground), Diamonds (Alluvial), Nickel, Platinum and Manganese mining. Having worked successfully on mining projects across Southern Africa, including in South Africa, Zimbabwe and Botswana, Mr Kazangarare is well established within the industry and has the experience and expertise to succeed as our dedicated Mine Manager. His expertise in management/project management, engineering management (mining, environment and civil/municipal), occupational health and safety, research & development and corporate services make him an ideal Mine Manager, while he is also active as a Technical Mining Consultant and Training Coordinator. He is experienced in managing large multi-disciplinary teams within complex environments to execute strategic programs, design operational models and reduce costs. Mr Kazangarare is respected as a dependable partner to executive members who is able to take incisive decisions that produce positive bottom-line impact.

Isaac Letsholo Consultant— Management and Technical Advisor Isaac is an experienced Mining Engineer with a B-Tech degree in Mining Engineering. He is also a holder of a South African Mine Managers Certificate of Competency. His mining experience includes a 10-year stint at Anglo Platinum on both Merensky and UG-2 Reef using conventional and trackless mining methods. In July 2006 he joined Xstrata Alloys (now Glencore) Mototolo Mine, a joint venture with Anglo Platinum as Production Manager, before being promoted to Mine Manager in 2007. He also worked on Chrome and Silica mines. In June 2009 he became the General Manager of United Manganese of Kalahari Mine (UMK) where he led the team to establish manganese open pits, built processing plants and all associated mining infrastruc-ture. As a result, the mine is known to continuously deliver over its name plate de-sign capacity and hailed as one of the leading mine’s in South Africa Manganese industry. In 2013 Mr Letsholo was promoted to the company position as COO/Deputy CEO. He attributes his mining career success to his ability to work with peo-ple and inspire them to achieve beyond what they thought was possible.