Keras Resources Plc
Mining & Metals - London, England, United Kingdom
Keras Resources Plc Employees
Keras Resources Plc Details
The Company is leveraging the Board's extensive exploration and resource development experience to capitalise on the demand fundamentals for cathode minerals through the advancement of activities in the commodity of manganese.Interests: Manganese: The Nayega Manganese Project in Togo is a low capex manganese project which will generate cash flow for the Company within nine months of receipt of the mining permit. Nayega, in northern Togo, is 30km away from a main road which has >500,000t per annum back loading capabilities and direct access to the regionally important deepwater port of Lome 600km away. The project has a JORC Code Compliant Measured and Indicated Resource of 11Mt @13.1% Mn and an internal desktop scoping study indicated low capital costs associated with establishing a 250,000 tonne per annum mining operation at 38% manganese ("Mn") with operating costs of approximately US$2/dmtu FOB. A Definitive Feasibility Study has been completed and the indicative results highlight the robust economics associated with bringing the project into production. The full results will be delivered on receipt of the Mining Licence, which is under application.
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