Kropz has provided an update on operations at the Elandsfontein phosphate project, having previously reported in June that it had encountered an unexpected volume of compact material within Pits 1 and 2. While alternative mining methods are being investigated, Monday’s statement suggests the issue is not as critical as initially feared by Kropz, with the volume of hard bank material not differing significantly from the original modelling. Meanwhile, the plant continues to ramp up, with running t ....
26 Oct 2022
Kropz: Hard bank dimensions becoming clearer; ARC fund continues support as plant ramps up
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Kropz: Hard bank dimensions becoming clearer; ARC fund continues support as plant ramps up
Kropz Plc (KRPZ:LON) | 1.2 0 0.0% | Mkt Cap: 11.5m
- Published:
26 Oct 2022 -
Author:
Roger Bell -
Pages:
5
Kropz has provided an update on operations at the Elandsfontein phosphate project, having previously reported in June that it had encountered an unexpected volume of compact material within Pits 1 and 2. While alternative mining methods are being investigated, Monday’s statement suggests the issue is not as critical as initially feared by Kropz, with the volume of hard bank material not differing significantly from the original modelling. Meanwhile, the plant continues to ramp up, with running t ....