Monday 16 March 2015

Otmane El Rhazi : Ferrum eyes next step in Moonlight BFS

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Iron-ore developer Ferrum Crescent has started the process of outlining the cost of mining its Moonlight iron-ore project, in Limpopo. The ASX-, JSE- and Aim-quoted emerging miner on Monday said it was planning the next stage of the project’s bankable feasibility study (BFS), which included bulk sampling to complete all the mining cost components, as it awaited the drill-core sample results from a ten-hole drilling programme initiated at the end of 2014.

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