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Glenover Data

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Nearby Location News

  • Boikarabelo first coal target slips as Resgen aims for March financial close 2016-10-14
    Dual-listed Resource Generation (Resgen) has pushed back the expected date of first coal production from its Boikarabelo mine in South Africa’s Waterberg region, as talks with potential financiers to secure the best funding package continue. The emerging producer in August entered into a R5.52-billion funding agreement with a financing syndicate, including Rand Merchant Bank, the Public Investment Corporation, the Industrial Development Corporation and Noble. It has since been working towards fulfilling the conditions precedent and said on Friday that it hoped to achieve the required internal credit committee approvals by mid-December.
  • Resgen selects preferred mining contractor for Boikarabelo 2016-10-05
    Dual-listed Resource Generation (Resgen) is another step closer to the development of its Boikarabelo coal mine in South Africa’s Waterberg region after signing a heads of agreement with a mining contractor. Boikarabelo mine operating subsidiary Ledjadja Coal this week selected Stefanutti Stocks Mining Services as the preferred mining contractor.
  • ASX: Boikarabelo Project Update 2016-10-03
  • Resgen secures R5.5bn for Boikarabelo 2016-08-08
    Dual-listed Resource Generation (Resgen) has secured R5.52-billion to complete construction of the Boikarabelo coal mine, in Limpopo. The emerging coal miner noted on Monday that Ledjadja Coal, a subsidiary of Resgen, had agreed on the commercial terms with a financing syndicate to secure the funding.
  • Resource Generation scores coup for the Limpopo coalfields with R5.5bn funding package for its Boikarabelo project. http://www.miningmx.com/top-story/27780-resgen-scores-coup-limpopo-r5-5bn-boikarabel 2016-08-08

    Resource Generation scores coup for the Limpopo coalfields with R5.5bn funding package for its Boikarabelo project. http://www.miningmx.com/top-story/27780-resgen-scores-coup-limpopo-r5-5bn-boikarabelo-funding/ …

Glenover Information

  • Geology 2015-08-28
    The Glenover carbonatite is a complex circular, carbonatite/pyroxenite plug intruded into sedimentary shale and arenite rocks of the Waterberg Group and prominently visible as a major circular feature on satellite images of the area. Thickness estimates for the Waterberg Group range from 2,700 meters (m) to more than 7,000 m. The deposit comprises a central iron rich breccia (subsequently mined out), surrounded by a pyroxenite plug, into which carbonatite has intruded as a series of dykes and cone sheets. The main historical source of geological information concerning the Glenover Carbonatite is Handbook 6 of the Geological Survey of South Africa, 'The Carbonatites of South Africa and South West Africa', published in 1967 and authored by WJ Verwoerd. Verwoerd hypothesised that the deposit was created by two geological events that resulted in the formation of a primary and a secondary phosphate deposit. Exploitation has historically focused on the phosphate content of the deposit and the potential of the surrounding rocks. However limited exploration has been undertaken to determine the potential of other metals and minerals, inter alia REE's (Begley, 1987).
  • General 2015-05-10
    The Glenover Project is located approximately 88 kilometres (km) north of Thabazimbi in the Limpopo Province of South Africa. The prospecting right covers a surface area of 15,802 hectares (ha). The majority of the mineral assets are located on the farm Glenover 371 LQ. This includes a large open pit mine as well as various stockpiles of high, medium and low grade phosphate bearing material.

Related News

  • Galileo sells Nevada asset to focus on South African copper project 2016-08-30
    Dual-listed Galileo Resources has sold its Gabbs gold-copper property in Nevada, in the US, to Waterton Precious Metals Fund II for $2.5-million in cash. The sale enables the company to reduce exposure to gold exploration and focus on exploration and funding of its Concordia copper project in South Africa.  "The cash received will cover our short-to-medium term working capital. The board agreed to the sale based on its strategy to focus on copper and particularly in Southern Africa," says CEO Colin Bird.
  • Desktop study indicates copper potential at Northern Cape project 2016-08-22
    An exploration desktop study has identified and ranked seven high-priority additional prospective copper targets showing the potential for shallow, near-surface, openpit copper mineralised zones within the Concordia project, in the Okiep copper district, in the Northern Cape, Aim-listed Galileo Resources said on Monday. The study was aimed at confirming historical prospective areas and identifying additional targets for assessment, with an additional 27 prospective copper targets identified and several areas now currently under investigation to increase the project’s size potential.
  • Sale of Gabbs Gold-Copper Property for US$ 2 mill 0000-00-00
    Market News alert Galileo Resources PLC
  • Concordia Project Update 0000-00-00
    Market News alert Galileo Resources PLC
  • JORC Resource Declared For Nkombwa Hill Phosphate and Rare Earth Element Project 0000-00-00
    Market News alert Vast Resources plc

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