RE: Could there be dividends on the horizon?20 Oct 2019 19:34
Cheers PC, I am officially very excited, now we just need Mr Parry to sort our other shared interest out!!
Here is the other translation, I stopped being lazy...
"Société Générale des Mines (SGM), a subsidiary of Britain's Keras Resources, won a mining license on Friday for the Nayéga manganese deposit (Kpendjal-Ouest prefecture)
The SGM already had an exploration license.
The reserves are estimated at nearly 8,500,000 tons over a period of 11 years.
Nayéga has the double advantage of having a high potential and offering low extraction costs.
According to the geological surveys carried out on 92,930 hectares, the manganese values go up to 39%, higher than the initial estimates.
Manganese is used for the preparation of alloys such as steel, aluminum, electric batteries or fertilizers.
For the Government, this project will contribute to the creation of new direct and indirect jobs that will have a positive social and economic impact on the area of operation."