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Ferrex MD on feasibility study and mining licence progress in Togo

Dave Reeves, managing director of Ferrex (LON:FRX), discusses the maiden ore reserve which has been defined at its Nayega manganese project in Togo. Ferrex wants to develop Nayega into a 250,000-tonne per...

Dave Reeves, managing director of Ferrex (LON:FRX), discusses the maiden ore reserve which has been defined at its Nayega manganese project in Togo.

Ferrex wants to develop Nayega into a 250,000-tonne per annum manganese export operation, which would imply a mine life of more than thirty years on the basis of the new reserve of 8.48Mt at 14.0% manganese.

Reeves explains how the company has managed to lower the operating costs after tweaking the plans and runs through the timeline for the company over the coming year.

 
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February 01 2016

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