Proactiveinvestors United Kingdom Kazera Global PLC https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Kazera Global PLC RSS feed en Fri, 19 Jul 2019 19:37:55 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Kazera Global: Will Purple Haze tantalum resource results be blowin', blowin' investors' minds? ]]> https://www.proactiveinvestors.co.uk/companies/news/223402/kazera-global-will-purple-haze-tantalum-resource-results-be-blowin--blowin--investors--minds-223402.html Kazera Global PLC (LON:KZG) hailed the potential of the Homestead and Purple Haze tantalum deposits in Namibia following the completion of a maiden JORC resource for the pair.

Results from Purple Haze exceeded expectations and the mining investment group believes there is significant potential for upgrades to the current estimate, which stands at 326,600 tonnes in the indicated and inferred categories.

There were strong grades of tantalite across both areas, giving an average 323 parts per million tantalum pentoxide and a high of 911 parts.

“Today's result represents the first of a number of phases in identifying the total mineralization on the portfolio," said chief executive Larry Johnson.

Kazera owns an indirect interest in the twin deposits through its 75% holding in African Tantalum, or Aftan for short, which in turn owns Namibia Tantalite Investment Mine, which is developing Homestead and Purple Haze.

CEO Johnson confirmed: “The initial resource numbers at Purple Haze were ahead of what we initially expected and we look forward to additional resources there and at White City, Signaalberg and through additional drilling at Homestead.

“With a water supply option, government certified via the Orange River, and a maiden JORC-compliant mineral resource confirmed, NTI continues to show the capacity to become a long-term mine for stable production.”

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Fri, 05 Jul 2019 07:48:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/223402/kazera-global-will-purple-haze-tantalum-resource-results-be-blowin--blowin--investors--minds-223402.html
<![CDATA[RNS press release - JORC (2012) compliant Mineral Resource ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190705070004_14137671/ Fri, 05 Jul 2019 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190705070004_14137671/ <![CDATA[RNS press release - Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190524150002_14087379/ Fri, 24 May 2019 15:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190524150002_14087379/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190412164114_14040059/ Fri, 12 Apr 2019 16:41:14 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190412164114_14040059/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190412163559_14040054/ Fri, 12 Apr 2019 16:35:59 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190412163559_14040054/ <![CDATA[RNS press release - Placing to raise £0.5 million - Replacement ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190329180235_14022267/ Fri, 29 Mar 2019 18:02:35 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190329180235_14022267/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190329070007_14020433/ Fri, 29 Mar 2019 07:00:07 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190329070007_14020433/ <![CDATA[RNS press release - Placing to raise £0.5 million ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190325082552_14013896/ Mon, 25 Mar 2019 08:25:52 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190325082552_14013896/ <![CDATA[RNS press release - Update on Drilling Campaign ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190319070004_14006561/ Tue, 19 Mar 2019 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190319070004_14006561/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190118133316_13939990/ Fri, 18 Jan 2019 13:33:16 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190118133316_13939990/ <![CDATA[News - Kazera Global highlights encouraging drill results in Namibia ]]> https://www.proactiveinvestors.co.uk/companies/news/212861/kazera-global-highlights-encouraging-drill-results-in-namibia-212861.html Kazera Global PLC (LON:KZG) told investors that its drill programme at its Namibia Tantalite Investment (NTI) mine project continues to produce highly encouraging results.

The company noted that it has so far drilled 22 of 33 planned holes at NTI, and, assays have been produced for 432 core samples and 72 channel samples.

"The drilling programme continues to produce highly encouraging results with encountered mineralisation indicating the potential to produce lithium and tantalum commercially,” said Larry Johnson, Kazera chief executive.

READ: Kazera Global focused on its targeted exploration programme

“We still anticipate having the initial ore resource report in Q1 2019 on Homestead and Purple Haze, after which we can start to formulate the highest value mine plan for the total area.

“We look forward to updating shareholders on our progress in the near future."

At Homestead, sampling work has concluded and the company noted that visual observations indicate that the spodumene and subordinate lepidolite mineralisation contain lithium mineralisation, and, that Tantalum mineralisation is hosted in the tantalite deposits.

Highlight drill results included lithium grades up to 1.7% and tantalum measuring 2,350 parts per million.

Meanwhile, at the Purple Haze project area drilling continues to comprehensively test tantalum and lithium bearing pegmatites.

The programme is due to complete in the first quarter and subsequently, it plans to move the drilling campaign to the Signaalberg area.

Kazera notes that its technical advisers expect to produce an ore resource report for Homestead and Purple Haze by the end of the first quarter.

Drilling will take place at the Signaalberg and White City pegmatites in the next few months so during this year those areas will be moved towards ore resource reports.

At the same time, Kazera said it continues talks with several interested parties to become the sole off-taker of tantalum and lithium, detailed due diligence is ongoing.

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Fri, 18 Jan 2019 07:57:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/212861/kazera-global-highlights-encouraging-drill-results-in-namibia-212861.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190118070003_13938870/ Fri, 18 Jan 2019 07:00:03 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20190118070003_13938870/ <![CDATA[RNS press release - Notice of Annual General Meeting ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181221123337_13913458/ Fri, 21 Dec 2018 12:33:37 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181221123337_13913458/ <![CDATA[RNS press release - Grant of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181221071740_13912779/ Fri, 21 Dec 2018 07:17:40 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181221071740_13912779/ <![CDATA[News - Kazera Global focused on its targeted exploration programme in Namibia ]]> https://www.proactiveinvestors.co.uk/companies/news/211308/kazera-global-focused-on-its-targeted-exploration-programme-in-namibia-211308.html Investment company Kazera Global PLC (LON:KZG) remains excited by the progress of African Tantalum, in which it has a stake.

The company issued its full-year results for the year to the end of June and as it is in the pre-revenue stage, the focus was naturally on operational progress made by African Tantalum (Aftan), the owner of the Namibia Tantalite Investment Mine.

READ: Kazera Global intercepts lithium and tantalum in ongoing drilling in Namibia

Kazera said there were significant plant upgrades achieved during the reporting period while another highlight was the signing of a supply agreement with a North American tantalum consumer.

Kazera continues to engage with African Tantalum’s customer base and other potential end users on the supply of tantalum.

"This year, we have seen significant changes which have reshaped and refocussed the company's strategic and operational focus,” said Larry Johnson, the chief executive officer of Kazera.

READ: Kennedy Ventures to re-name and look for new projects after tantalum reboot ​

“Aftan's focus is on extracting maximum value from the targeted exploration programme which has already yielded exciting results. Aftan, with our help, continue to press forward with the programme and I would like to thank all our shareholders for their continued support and we look forward to updating shareholders on the full value of this highly important mine," Johnson added.

The company made a loss for the year of £2.54mln, compared to a loss the year before of £1.10mln.

Cash and cash equivalents at the end of June stood at £1.13mln, up from £364,000 a year earlier.  

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Mon, 17 Dec 2018 08:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/211308/kazera-global-focused-on-its-targeted-exploration-programme-in-namibia-211308.html
<![CDATA[RNS press release - Final Results for the Year Ended 30 June 2018 ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181217070006_13905299/ Mon, 17 Dec 2018 07:00:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181217070006_13905299/ <![CDATA[Media files - Kazera Global encouraged by tantalum and lithium mineralisation at Namibia project ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/11120/kazera-global-encouraged-by-tantalum-and-lithium-mineralisation-at-namibia-project-11120.html Tue, 06 Nov 2018 16:02:00 +0000 https://www.proactiveinvestors.co.uk/companies/stocktube/11120/kazera-global-encouraged-by-tantalum-and-lithium-mineralisation-at-namibia-project-11120.html <![CDATA[News - Kazera Global intercepts lithium and tantalum in ongoing drilling in Namibia ]]> https://www.proactiveinvestors.co.uk/companies/news/208591/kazera-global-intercepts-lithium-and-tantalum-in-ongoing-drilling-in-namibia-208591.html Kazera Global PLC (LON:KZG) has now drilled and assayed 360 cores with further cores and channel sampling sent for assay at the Namibia Tantalite mine in Namibia.

Based upon results to date, the company is drilling further boreholes in order to test the tantalum and lithium bearing pegmatites at locations it’s termed Homestead and Purple Haze. 

WATCH: Kazera Global '110%' focused' on JORC resource at Homestead says CEO Johnson

On completion of the drilling programme at Homestead and Purple Haze, drilling will move to targets Signaalberg and White City.

At Homestead, two tantalum interceptions were made, including one intercept of four metres of tantalite-rich material with a grade of 3,515.35 parts per million Ta2O5.

Visible spodumene and lepidolite mineralisation has been observed inside the mine.

The results from the Purple Haze pegmatite also indicated encouraging lithium mineralisation. Grades of 3.01 % and 3.59% Li2O have been intercepted.

The highest grade tantalum intercepts were also observed in the same lithium-rich intercepts. The mineralisation at Purple Haze indicates the potential for a primary lithium product and secondary tantalum product.

It’s expected that a resource update will be ready by the end of the first quarter of next year.

"The drilling programme continues in line with expectations and these initial results are highly encouraging with the mineralisation demonstrating that we have the potential for the mine to produce commercially two products, lithium and tantalum,” said chief executive Larry Johnson.

Further drilling will provide important clarity to the life of mine and inherent values in the entire area. We expect to have the initial ore resource report in the first quarter of 2019 on Homestead and Purple Haze, after which we can start to formulate the highest value mine plan for the total area."

 

 

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Tue, 06 Nov 2018 08:15:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/208591/kazera-global-intercepts-lithium-and-tantalum-in-ongoing-drilling-in-namibia-208591.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181106070005_13855896/ Tue, 06 Nov 2018 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20181106070005_13855896/ <![CDATA[Media files - Kazera Global '110%' focused' on JORC resource at Homestead says CEO Johnson ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/10479/kazera-global-110-focused-on-jorc-resource-at-homestead-says-ceo-johnson-10479.html Fri, 14 Sep 2018 15:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/10479/kazera-global-110-focused-on-jorc-resource-at-homestead-says-ceo-johnson-10479.html <![CDATA[News - Kazera Global begins channel sampling at Homestead area of Namibia Tantalite Investment Mine ]]> https://www.proactiveinvestors.co.uk/companies/news/204709/kazera-global-begins-channel-sampling-at-homestead-area-of-namibia-tantalite-investment-mine-204709.html Kazera Global PLC (LON:KZG) said channel sampling has commenced at the Homestead location of the Namibia Tantalite Investment Mine (NTI), with a number of core samples being prepared for assay.

The AIM-listed investment group, which has an interest in the NTI through a stake in African Tantalum Limited (Aftan), said 165 core samples from Homestead would be prepared for assay by geochemistry analysis firm ALS.

WATCH: Kazera Global kicks off drilling programme at Namibia Tantalite Investment Mine

Kazera added that the channel sampling at Homestead would aim to define Lithium and Tantalum mineralisation in the area as well as its grade.

Aftan had also sub-contracted a third-party earthmoving firm to clear all drilling tracks in advance of the drills arrival, the company said.

Meanwhile, Kazera said Aftan would be meeting with bidders involved in the tender of the Orange River pipeline to review their technical proposals following the receipt of a water license to acquire water from the river in March.

Seven companies are currently bidding for the license, and the company is seeking to reduce these to a short list following proposal review.

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Wed, 12 Sep 2018 07:57:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/204709/kazera-global-begins-channel-sampling-at-homestead-area-of-namibia-tantalite-investment-mine-204709.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180912070003_13787213/ Wed, 12 Sep 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180912070003_13787213/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180907133001_13783381/ Fri, 07 Sep 2018 13:30:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180907133001_13783381/ <![CDATA[Media files - Kazera Global kicks off drilling programme at Namibia Tantalite Investment Mine ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/9973/kazera-global-kicks-off-drilling-programme-at-namibia-tantalite-investment-mine-9973.html Fri, 27 Jul 2018 10:24:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/9973/kazera-global-kicks-off-drilling-programme-at-namibia-tantalite-investment-mine-9973.html <![CDATA[News - Kazera Global begins drilling in Tantalite Valley to establish JORC resource ]]> https://www.proactiveinvestors.co.uk/companies/news/201605/kazera-global-begins-drilling-in-tantalite-valley-to-establish-jorc-resource-201605.html Kazera Global PLC (LON:KZG) has commenced a drilling campaign to establish a JORC resource at its Namibia Tantalite Investment Mine (NTI).

The AIM-listed resources investment group said early drill cores from the MSA Group, which it commissioned to carry out an exploration programme in June, were “highly encouraging” with the programme ultimately intended to establish a JORC resource and understand the mineralisation on the property as well as the future value of the operation.

READ: Kazera Global gains as it commissions MSA Group to carry out exploration programme in Namibia

The firm added that mining had continued at the Homestead pegmatite, an area of the site, and was producing stockpiled Tantalite and Lithium-bearing ore for future processing, with its investee company African Tantalum Limited (Aftan) ceasing ore processing while the exploration campaign took place and a long-term mine plan was developed.

Kazera also said that the focus on a total resource definition had led to several approaches from additional potential customers for Aftan’s product.

At its Orange Water project, the company said after receiving a license to acquire water from the Orange River, Aftan had 7 companies inspect the property and river as part of the tender process on the Orange River pipeline, which would assist future strategic planning.

Larry Johnson, chief executive of Kazera Global, said: “The strategic focus on truly understanding the mineralisation on the licence is critical to extract, in the long term, the most value out of Tantalite Valley.”

He added that the strategic shift had been supported by Aftan’s existing customer as well as “vindicated” by approaches from a wider group of potential customers.

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Thu, 26 Jul 2018 07:26:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/201605/kazera-global-begins-drilling-in-tantalite-valley-to-establish-jorc-resource-201605.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180726070147_13731840/ Thu, 26 Jul 2018 07:01:47 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180726070147_13731840/ <![CDATA[News - Kazera Global gains as it commissions MSA Group to carry out exploration programme in Namibia ]]> https://www.proactiveinvestors.co.uk/companies/news/198846/kazera-global-gains-as-it-commissions-msa-group-to-carry-out-exploration-programme-in-namibia-198846.html Kazera Global PLC (LON:KZG) shares gained 10% on Thursday after the group confirmed that it has commissioned the MSA Group (MSA), a leading provider of exploration, mineral resources and reserve estimation, to carry out the targeted exploration programme.

The AIM-listed firm said the exploration programme was designed to test and define total mineralisation across the area of Namibia Tantalite Investment Mine (NTI), which forms the strategic focus of African Tantalum Limited (Aftan).

READ: Kazera to up drilling in Namibia to gauge long-term potential of tantalum mine

Kazera said the new drilling programme will predominantly focus on tantalum and lithium resources across the licence.

The company said MSA has mobilised to the site to begin the programme and will provide updates on JORC results as each specific ore body is drilled, tested and analysed. 

In late afternoon trading, Kazera shares were 10.5% higher at 2.10p.

 -- Adds share price --

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Thu, 14 Jun 2018 07:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/198846/kazera-global-gains-as-it-commissions-msa-group-to-carry-out-exploration-programme-in-namibia-198846.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180614070002_13678972/ Thu, 14 Jun 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180614070002_13678972/ <![CDATA[News - Kazera to up drilling in Namibia to gauge long-term potential of tantalum mine ]]> https://www.proactiveinvestors.co.uk/companies/news/197169/kazera-to-up-drilling-in-namibia-to-gauge-long-term-potential-of-tantalum-mine-197169.html Namibia-based tantalum miner Kazera Global PLC (LON:KZG) is to undertake a drilling programme across its whole licence to gauge the potential in its entirety.

Kazera holds a 75% stake in African Tantalum (Aftan), which operates the Namibian Tantalite Investment Mine (NTI).

An analysis of historical drill results has indicated that beyond the defined Homestead and Lepidolite zones, the total licence area has valuable mineralisation.

READ: Kazera Global buoyed by African Tantalum operational update

As production from the mine is now ramping up, efforts will switch to proving up the resources across the whole 452 hectares.

The programme will consist of approximately 3,000 metres of drilling with primary targets the Signalberg mountain, White City and Snake deposits.

This will supplement ongoing drilling taking place at Homestead and Lepidolite areas where over 200 samples have so far been taken.

Tantalum and lithium will be the main mineral targets.

A detailed resource estimate will allow development of a long-life mine plan to include the satellite deposits, said the statement.

Larry Johnson, chief executive, added the exploration would allow Kazera to realise maximum value from NTI while providing highly important strategic choices.

Aftan has made five shipments of tantalum since mining resumed last year and is now consistently extracting high purity tantalum from the Homestead ore body, today's statement added.

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Thu, 17 May 2018 07:55:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/197169/kazera-to-up-drilling-in-namibia-to-gauge-long-term-potential-of-tantalum-mine-197169.html
<![CDATA[RNS press release - Investee Company Operational and Strategic Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180517070002_13644321/ Thu, 17 May 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180517070002_13644321/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180420124501_13613041/ Fri, 20 Apr 2018 12:45:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180420124501_13613041/ <![CDATA[News - Kazera Global buoyed by African Tantalum operational update ]]> https://www.proactiveinvestors.co.uk/companies/news/194517/kazera-global-buoyed-by-african-tantalum-operational-update-194517.html Kazera Global PLC’s (LON:KZG) share price surged following an operational update from African Tantalum (Aftan), in which it has a stake.

Aftan said its fifth shipment of tantalum from the Namibia Tantalite Investment (NTI) mine has been sent to its customer, a global North American leading tantalum consumer, with the recent shipment reaching grades of more than 40% purity.

READ: Kazera Global is now supplying tantalum to one of the world’s largest end-users​

Discussions continue with a second potential customer who has confirmed that Aftan has passed its stringent processing and product audit.

The tendering process has commenced for the laying of pipework for the newly approved Orange River Water Project with the intention of using solar power to drive the system.

Aftan has begun the application process, through a third party environmental engineering firm, for the certification of the installation of a larger tailings dam.

“At the mine, we continue to focus on increasing efficiencies and recent upgrades have materially improved the plant, mine and working conditions for our employees,” revealed Kazera’s chief executive officer, Larry Johnson.

“The purchase of a new TLB [Tractor-Loader-Backhoe], with multifunctional capabilities, will continue with the reduction in variable costs and improve overall efficiencies,” Johnson added.

Shares in Kazera were up 14.9% at 2.9p in late morning trading.

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Mon, 09 Apr 2018 11:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/194517/kazera-global-buoyed-by-african-tantalum-operational-update-194517.html
<![CDATA[RNS press release - Investee Company Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180409082519_13596065/ Mon, 09 Apr 2018 08:25:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180409082519_13596065/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180406092200_13594811/ Fri, 06 Apr 2018 09:22:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180406092200_13594811/ <![CDATA[News - Kazera Global is now supplying tantalum to one of the world’s largest end-users ]]> https://www.proactiveinvestors.co.uk/companies/news/194047/kazera-global-is-now-supplying-tantalum-to-one-of-the-worlds-largest-end-users-194047.html Kazera Global PLC (LON:KZG) is a name you can expect to be hearing on peoples’ lips a lot more in mining circles as the year progresses.

That’s because Kazera is the new name for Kennedy Ventures, a familiar company that’s now undergoing a significant transformation.

It started with the appointment of Larry Johnson as chief executive in January of 2017. But things really got moving when Johnson locked in one of the world’s top end-users of tantalum to take product from Kazera’s tantalite mine in Namibia.Four shipments to this end user have now been made, with more to come as part of a planned ramp up schedule.

Combined with operational improvements at the mine shown in the last grade of over 50% Ta205 itself and the continued discussions with a potential second and a third customer, it all adds up to a radically improved outlook for Kazera.

Johnson himself is in no doubt about the company’s prospects. 

“When you get an end user and they like what you’re doing, you can’t produce enough.”

Accordingly, shift patterns at the mine are being adjusted, and a more efficient mining method at the stopes has been put in place. This has resulted in more flexibility in ore sourcing. New adits are also going in, and the plant has been upgraded to ensure that the product meets the customer’s world class requirements.

Keeping this customer content is likely to be key, as Kazera pushes for further growth. And as the  company continues building on its  reputation as a reliable supplier in what remains a fairly niche market, then the long-term outlook will be secure.

Alongside the corporate leadership, Johnson also brings plenty of expertise in supply-chain management. He knows how all the cogs in this market fit together, and who’s who. And he knows just how Kazera will fit in.

But there’s more to it than just supply chain. There’s the ultimate market for the metal itself, consumer electronics. And that’s huge.

“Tantalum is in every single electronic use known to man,” says Johnson.

“It’s in cellphones, and all your other devices. Many have tried to replace it. None have succeeded. And the audience for this product is very old as far as end-users go. They’ve been around for a very long time. They’re very connected.”

The location of the Namibian mine being far from any conflict with multiple ports and airports will also appeal to other potential end users.

“In Namibia we have awesome roads, even the gravel roads to the mine are maintained both by the mine and the town councils. I have multiple ports to ship from,” says Johnson.

“Another potential customer has now been on site. This end user along with the current are the largest end users in the world today and they don’t play unless these boxes are checked.”

In return, for reliability of product supply and safety and centrality of location, Kazera will get revenue security bar none.

“This company has latched on to some serious business for multiple years,” says Johnson.

“But we’re not riding the rollercoaster with the market. It’s stable.”

And so when Johnson says he’s looking at other projects, you can be sure it’s not through necessity.

“The important thing in my position is how to grow Kazera,” he says. “I want to build something that I can leave a legacy behind for others to continue with that is nothing short of world class.”

With customers lining up, the mine adits now 300 metres into the hill, and the new drill and blasting regime in place, he certainly seems to be achieving that aim.

“It’s a great project,” he says. “I’m passionate about the project.”

So passionate indeed, that he lives there each and every month since his start with offices in Windhoek when not at the mine and a home in Windhoek as well. But the true extent of his passion will only really start showing through in the company’s next few sets of financial results. The cash is starting to roll in.

The question is: how much more will there be?

 

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Sat, 31 Mar 2018 10:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/194047/kazera-global-is-now-supplying-tantalum-to-one-of-the-worlds-largest-end-users-194047.html
<![CDATA[Media files - Water access certificate 'a major endorsement' for Kazera Global's Tantalum project ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/8978/water-access-certificate-a-major-endorsement-for-kazera-global-s-tantalum-project-8978.html Thu, 29 Mar 2018 16:19:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/8978/water-access-certificate-a-major-endorsement-for-kazera-global-s-tantalum-project-8978.html <![CDATA[News - Kazera Global gets water use clearance for Namibia mine ]]> https://www.proactiveinvestors.co.uk/companies/news/194061/kazera-global-gets-water-use-clearance-for-namibia-mine-194061.html Kazera Global PLC (LON:KZG) has received a permit to draw water from the Orange River for the Namibia Tantalite Investment mine.

The company has also received encouraging preliminary drilling results from boreholes at Lepidolite and Homestead.

WATCH: Kazera Global boss in conversation with Proactive's Andrew Scott

Kazera said the water clearance was a significant step forward for mine operator Aftan and a major endorsement by the Namibian government of the project.

The receipt of the certificate will help alleviate any concerns regarding future water availability, Kazera said.

Exploration Results

The boreholes at Lepidolite and Homestead also confirmed lithium and tantalum mineralisation.

Lepidolite saw lithium grades of up to 2.86% and 603 parts per million of tantalum, while Homestead saw 8,159 ppm tantalum in one borehole.

Larry Johnson, Kazera’s chief executive, said: "The certificate to access the Orange River is significant and a major positive.

“It is not only endorsement at the highest level for the future of the project but also ensures water supply to the mine as we continue to meet our ramp-up schedule.

“To achieve over 8,159 ppm Ta2O5 over 1.68m is very encouraging and demonstrates the wider potential within the licence.

“We will consolidate these results with further drilling during the year, coupled with channel sampling within the Homestead underground ore body.”

Kazera posted a loss of £480,000 (2016: £418,000) and had cash balances of £2.56mln at the end of the period.

The company raised £3.75mln ahead of a resumption of trading on AIM in February.

Kazera holds a 75% stake in African Tantalum (Aftan), which operates the Namibian Tantalite Investment Mine (NTI).

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Thu, 29 Mar 2018 16:10:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/194061/kazera-global-gets-water-use-clearance-for-namibia-mine-194061.html
<![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180328122331_13585172/ Wed, 28 Mar 2018 12:23:31 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180328122331_13585172/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180328070006_13584073/ Wed, 28 Mar 2018 07:00:06 +0100 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180328070006_13584073/ <![CDATA[RNS press release - Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180323155138_13579961/ Fri, 23 Mar 2018 15:51:38 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180323155138_13579961/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180322164040_13578139/ Thu, 22 Mar 2018 16:40:40 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180322164040_13578139/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180322163529_13578132/ Thu, 22 Mar 2018 16:35:29 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180322163529_13578132/ <![CDATA[RNS press release - Name Change and New Website ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180309155337_13562100/ Fri, 09 Mar 2018 15:53:37 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180309155337_13562100/ <![CDATA[Media files - Kennedy Ventures uniquely positioned to sell to largest Tantalum consumers ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/8857/kennedy-ventures-uniquely-positioned-to-sell-to-largest-tantalum-consumers-8857.html Thu, 08 Mar 2018 14:50:00 +0000 https://www.proactiveinvestors.co.uk/companies/stocktube/8857/kennedy-ventures-uniquely-positioned-to-sell-to-largest-tantalum-consumers-8857.html <![CDATA[RNS press release - Directors' Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180307172132_13558791/ Wed, 07 Mar 2018 17:21:32 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180307172132_13558791/ <![CDATA[RNS press release - Directors' Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180306070005_13555639/ Tue, 06 Mar 2018 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180306070005_13555639/ <![CDATA[RNS press release - Result of AGM and New Investing Policy ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180305165206_13555373/ Mon, 05 Mar 2018 16:52:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180305165206_13555373/ <![CDATA[Media files - Kennedy Ventures looking to build upon production and assess new projects ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/8755/kennedy-ventures-looking-to-build-upon-production-and-assess-new-projects-8755.html Fri, 16 Feb 2018 11:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/stocktube/8755/kennedy-ventures-looking-to-build-upon-production-and-assess-new-projects-8755.html <![CDATA[RNS press release - Restoration - Kennedy Ventures Plc ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180212073001_13529226/ Mon, 12 Feb 2018 07:30:01 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180212073001_13529226/ <![CDATA[RNS press release - Lifting of Suspension and Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180209162450_13528614/ Fri, 09 Feb 2018 16:24:50 +0000 https://www.proactiveinvestors.co.uk/companies/rns/12189/LSE20180209162450_13528614/