About Us

 

Mine Restoration Investments (“MRI”) is a Next Generation Mining Investment Company, fully committed to genuine broad-based black economic empowerment (“BBBEE”). MRI invests in mining resources that promote a developmental, inclusive and participative economic ecosystem for the broader society. 

 

 

Projects

Langpan

Langpan mines and processes chrome ore to form chrome concentrate, with a by-product having a high concentration of Platinum Group Metals (“PGM”). Langpan owns the plant and machinery and the mining rights, respectively, in relation to the chrome and PGM mining and associated beneficiation operations on the farm Langpan 371KQ. Langpan is currently mining the high grade chrome seams in order to sell high grade, unprocessed chrome ore to the market. The Langpan orebody consists of 3.1 million tonnes of open cast resource and over 4.9 million tonnes of underground resource, as confirmed by MSA Competent Persons report.

 

Langpan is in the process of upgrading the existing wash plant and tailings dams. Langpan operations are expected to reach steady state in March 2021.  The upgraded chrome wash plant is planned to have an expected operating feed capacity of 30 ktpm, which can produce approximately 17 ktpm of chrome concentrate graded 42% to 44% chrome. The Langpan Farm orebody has a PGM (6E) in situ grade of 1.6 g/t which will result in a net grade of 2.95g/tonne post chrome beneficiation. The full updated resource and reserve statement in relation to the Langpan orebody will be contained in a circular to shareholders setting out the details of the proposed transaction.