Production at the Nayega manganese mine should commence in Q1 2020

Mining
Friday, 08 November 2019 16:37
Production at the Nayega manganese mine should commence in Q1 2020

(Togo First) - Production at the Nayega manganese mine should begin in Q1 2020 with a nominal capacity of 6,500 t per month, Ecofin Agency reports citing Keras Group which owns the mine through Société Générale des Mines (SGM), its subsidiary. 

The miner indeed announced last Wednesday that it is concluding with the Togolese ministry of mines the ancillary paperwork related to its operating permit for the Nayega project. This should be done by the end of the year. 

"Our strategy (...) has been validated, and without investing any further capital we can now transition from explorer to producer," said in this regard, Keras CEO Russel Lamming. 

Let it be recalled that the Togolese government had recently granted SGM a large-scale operating license for the Nayeya manganese deposit (Western Kpendjal prefecture). Exploration has revealed that the mine holds a reserve of nearly 8.5 million tons of manganese, for an estimated lifecycle of 15 years.  

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