IRL, as the acquiring party of Mapochs' movable and immovable assets, is required to support the local community and work to create jobs at, and associated with, the mine. On the basis of an ore supply agreement coming into effect, IRL will ensure a minimum of 200 direct and indirect employment opportunities within the Mapochs mine and the ...
The Competition Tribunal has approved a transaction whereby natural …
The client has concluded a Black Economic Empowerment transaction in terms of which …
JOHANNESBURG (miningweekly) – The provisionally liquidated …
Integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium is seeking to sell its Mapochs mine for R10 millon as part of its business rescue proceedings to facilitate the rescue …
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Mapochs Mine Address: R355 Road from Stoffberg to Steelpoort, Roossenekal, South Africa City of Mpumalanga Private Bag X1, Roossenekal, 1066 Phone number: 013 273 5000,, Fax: 013 273 5037 Categories: Mines & Mines Exploration, 8 Reviews (3 / 5) Mines & Mines Exploration. Atlantis Mining (sa) Cc.
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The provisionally liquidated Mapochs mine has been sold under the hammer to International Resources Limited (IRL) of China, BiddersChoice MD Pieter Geldenhuys confirmed to Mining Weekly Online on Friday. In February last year, the Evraz Highveld Steel and Vanadium business rescue practitioners announced that they would …
Evraz Highveld Steel and Vanadium | 3,585 followers on LinkedIn. EVRAZ Highveld is a South African based vertically integrated iron ore, steel and vanadium slag producer, listed on the JSE, trading under the symbol EHS. The majority of EVRAZ Highveld's issued shares are held by Mastercroft Limited, a subsidiary of the FTSE100-listed EVRAZ plc, …
Font size: - +. The Competition Tribunal has approved a transaction whereby natural resources investor International Resources Limited (IRL) South Africa will acquire the openpit Mapochs mine, in ...
The Mapochs iron-vanadium mine is located near the eastern margin of the Eastern Lobe of the Bushveld Complex, near its southern limit, some 140 km SSE of Mokopane (Potgietersrus) and 280 km ENE of Rustenburg in Limpopo Province (#Location: 25° 6' 50"S, 29° 55' 11"E). It exploits one of the vanadium bearing titaniferous magnetite bands …
The Mapochs business rescue plan, meanwhile, also placed a moratorium on legal proceedings against the company and would remain in place until the BRPs filed a notice of substantial implementation ...
The Mapochs Iron Mine is located in Mpumalanga, South Africa. It is a surface mining …
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IRL commits to invest in the Mapochs Mine, to ensure that it is expeditiously refurbished and becomes fully operational, and to develop resources associated with the mine. IRL will invest an additional amount of R160 million into the mine and associated infrastructure within three (3) years from the merger approval date.
Tribunal approves merger involving acquisition of Mapochs Mine (Pty) Ltd by IRL (South Africa) Resources Investments (Pty) Ltd The Tribunal has approved, subject to a range of public interest and …
By Chantelle Kotze. May 18, 2016. As the major shareholder of Mapochs mine, Evraz Highveld and its board of directors resolved on 17 March 2016, subject to shareholder approval by way of special resolution, to apply for …
The Mapochs Mine is located approximately 90km northeast of Middelburg, 75km south of Steelpoort in Limpopo Province, South Africa. In this region, the Main magnetite seam dips westwards at an angle of about 13 degrees, which nearly coincides with the topography in the vicinity of the Mine. At the Mine, magnetite fragments and boulders, often ...
Mapochs mine; and (ii) a 50% shareholding in SAJV. On 15 December […]*, Vanady Tula was acquired by a subsidiary of Evraz, and therefore – to this date – belongs to the Evraz Group. In April 2015, the Divestment Business,10 informed the Commission of the financial distress of Evraz Highveld Steel & Vanadium Ltd. ("Evraz Highveld") and the ...
The Competition Tribunal has approved a transaction whereby natural resources investor International Resources Limited (IRL) South Africa will acquire the openpit Mapochs mine, in Mpumalanga. The ...