Manganese Mining Project in South Africa the Zeerust Concession

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Project Overview

South Africa is a country located in Southern Africa that is widely known for its mining industry. South Africa has significant mining deposits from Iron Ore, chrome, manganese, diamonds. Coal etc, and it is believed that the country is one of the top producers of metals in the world. South Africa owns over 40% of the world’s manganese reserves and exports 30 to 35% of the world’s manganese production on a yearly basis. Over the years, South Africa has managed to attract considerable investment from a host of international mining companies, enabling the country to establish a well-established mining industry.Geography The Manganese mining project is next to the Botswana border, between Gaborone on the Botswana side and Zeerust on the South African side of the border. The whole concession is in South Africa for clarity. The total concession area is 44 450 hectares. Minimum yield from this concession is 61 000 000 tonnes

Executive Summary

South Africa is one of the world's top manganese producing countries, and the industry is a significant contributor to the country's economy. The purpose of this business plan is to present a manganese mining project that will leverage South Africa’s rich manganese reserves to create a profitable and sustainable business. The proposed manganese mining project will involve the mining, and sale of manganese ore. Our primary target market will be China, Europe and USA The project's initial phase will involve the development of several manganese (MN) deposits that have been identified in the Zeerust area in the Northwest Province of South Africa. We will use advanced equipment and trusted technology to mine and process the manganese. We recognise the environmental impact of manganese mining and will implement sustainable practices to minimise any negative effects. This includes minimising water usage, implementing land restoration programs, and optimising energy consumption. The overall goal of this manganese mining project is to create a profitable business that supports South Africa’s mining industry, while contributing to the country's economic growth. Through responsible mining practices, we aim to create a sustainable and socially responsible business that benefits everyone involved, from our investors to the local communities in which we operate. Through this business plan, we are seeking funding to finance the development, mining, and processing of manganese in South Africa. With our team's expertise, responsible mining practices, and access to some of South Africa’s manganese reserves, we are confident that this project will be successful and profitable for years to come.Background There is little to no infrastructure on the project site. If anything, there will be some housing in the area. Roads within the concession are of poor quality and will need upgrading. The site will also need independent generators, solar can be installed at a later stage for the accommodation areas. There is no potable drinking water available on site. There is also borehole water which will need simple filtration and UV processing to produce potable water in the required quantities. The site office will require a satellite communications system to ensure reliable internet communications. There are villages nearby from which most of the labour will be sourced. There are some supermarkets nearby. The availability of spare parts, building material and other critical supplies are not very good in the area. Supplies of this nature are mostly available in the city of Rustenburg. Industrial supplies and machine parts. Rustenburg 215 km’s. General supplies and groceries etc. Zeerust 86 km’s Mine Plan and Design The mine plan is designed for the efficient mining of the manganese deposit delineated in the concession. The offices and washing plant will be located at a safe distance from the open pits. Two products will be mined. Overburden/ waste Manganese ore. The goal will be to move a minimum of 600 tons per hour of manganese and waste. Produce 75 000 tons of ore per month. With a value of R 63 000 000 rand per month or 3.5 million USD per month. The mine will be designed such that dump trucks can safely convey mined ore from the pits to the stockpile platform for measured timely feeding of the plant. The mine plan and design will be modified with time, as additional data becomes available during the mining operation. The company will use proven conventional dump trucks (ADT), excavators (70MT plus) to extract and dispose of topsoil, overburden and ore. Surface excavations will be done through the strip-mining method. Vegetation and topsoil will be cleared and stockpiled for rehabilitation works at a later stage. Once the vegetation and topsoil are cleared, the overburden is stripped and placed in the reclamation areas as prescribed in the Environmental Impact Plan. Some of the waste material will be used to construct earthworks, internal hauling roads, or placed in external and excavated overburden dumps to be used in the rehabilitation process. Ore bearing gravel will be excavated and hauled to the processing area. Here it will be crushed and screened. The mined gravel will be stored on a designated stockpile from where the plant will be fed. The mining area will later be fully rehabilitated as the topsoil is also restored. This will ensure that the area is ready for normal farming practices once mining is completed. The structures to be put up on the mine site will be properly arranged to avoid congestion and allow the free movement of haulage trucks from the open pits to the ore washing plant.

Funds Required

$ 33,552,000.00

Draw schedule

First Draw: $ 16,776,000.00
Second Draw: $ 5,032,800.00
Third Draw: $ 5,032,800.00
Fourth Draw: $ 3,355,200.00
Fifth Draw: $ 1,677,600.00
Sixth Draw: $ 1,677,600.00