Aim-listed Keras Resources has started trucking processed ore from its 10 000 t bulk sampling metallurgical testwork programme at the Nayega manganese project, in Togo, marking the next stage of development at the project. CEO Russell Lamming said the company expects to reach peak haulage of 12 trucks, or 420 t of manganese, a day by end-January.
Dual-listed Euro Manganese has announced the results of the preliminary economic assessment (PEA) of its Chvaletice manganese project, in Czech Republic, which shows the tailings project can operate for a quarter of a century, producing 1.19-million tonnes of high-purity electrolytic manganese metal (HPEMM). Two thirds of the HPEMM is expected to be converted into high-purity manganese sulphate monohydrate power (HPMSM).
Canadian junior exploration company Giyani Metals has signed a term sheet with Traxys Africa Trading for the provision of a $1-million convertible loan facility. TSX-V- and Frankfurt Stock Exchange-listed Giyani will use the funds to finance the development and operation of its K.Hill and Otse reclamation projects, in Botswana, as well as to implement environmental management plans (EMPs) at the projects.