Berkley Mineral Resources PLC have a strategy of processing tailings at former mines as a mineral processing company. Their main focus at current is the extraction on zinc and lead from tailings Dumps in the Kabwe mine in Zambia.
Good find LJC..... Fits with the RNS "co-operation" "Under the terms of the Agreement, the parties will co-operate in areas of project identification, geological exploration, mining rights management, technical support, and personnel exchange and financing with the initial focus being Zambia where BMR's current licenced projects, operations and expertise are located. HNGB already has a technical office established in Lusaka, Zambia. "
Excellent find LJC . Yes I think a similar deal could be struck. I noticed from my recent conversation with MA he was reluctant to tell how the zinc and lead plant would be financed. He did not seem at all worried so thinking about it and reading Lee's find I come to the hopeful conclusion that Hunan will finance us. I can see them taking the mine possibly with Glencore and paying bmr someting in exchange for financing the tailings. I would prefer a T/ O but we will have to see. Have a great Easter everyone
http://www.proactiveinvestors.com.au/companies/news/54149/will-zinc-continue-to-rise-as-shortage-looms-54149.html Surely with this in mind,and us moving closer to production the current level must be the bottom....enjoy the long weekend,and GLA.
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