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    City Pub Group highlights significant reduction in cash burn, looks to emerge strongly from pandemic

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    American Manganese hails extraction rates from leach testing on Wenden stockpile samples

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Home Markets mining

Bushveld Minerals is back to full production, reporting a 31% increase in activity for Q3

November 26, 2020
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Bushveld Minerals is back to full production, reporting a 31% increase in activity for Q3

Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN), caught up with Proactive’s Katie Pilbeam about the results for the third quarter to end September 2020.

Mojapelo talks through the highlights, such as third-quarter production jumping 31% to 1,019 mtV compared to the previous three months, thanks to the lifting of the nationwide lockdown, which occurred in the second quarter.

He explains the recent announcement of the Vametco mini-grid partners and further plans on that project’s development as well as discussing the vanadium rental partnership with Invinity.

The pair are planning to close the Orion transactions shortly, which Mojapelo believes will see US$65mln come into the business and allow the company to pursue growth plans at full steam.

Published at Thu, 26 Nov 2020 11:19:00 +0000-Bushveld Minerals is back to full production, reporting a 31% increase in activity for Q3

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