Mining Strategy

Ferrox plans to extract ore from surface operations utilizing the services
of a mining contractor for the mining operations

  • Ferrox’s operational team has already been in advanced discussions with various local mining contractors. Leisitele (PTY) Limited has been earmarked as the primary Mine Services Contractor. A number of local South African Mine processing companies have been considered.

  • The mining method considered for the Project is conventional open pit mining using truck and excavator combinations.

    • This is a conservative mining method which is well-established with a proven track record in similar operations.

  • The weathered material, approximately 25 m to 40 m deep, will not require blasting and will be removed by an excavator and loaded into haul trucks.

  • The fresh rock will require blasting. Drill rigs will be used to drill blast holes to be charged with explosives and blasted.

  • The blasted material will then be removed by an excavator and loaded into haul trucks.

  • Ore will be transported to the processing facility and waste will be transported to wasted rock dumps.

  • Pit optimization model has been performed and the results are used to develop the production schedule and mine plan.

  • The production scheduling was phased to maintain a lower stripping ratio for as long as possible by extracting ore along the strike of the orebodies before deepening the pits.

Tivani Long term mine layout

A detailed engineering map of a mining or industrial site with labeled features including mine offices, primary crusher, conveyor belt, tailings storage, electrical substation, concentrator, dumps, explosive magazine, RRJV, Tivani Pits, and other infrastructure, with topographical contours and water bodies.
Two men in safety gear observing a small excavator digging a hole in orange dirt in an outdoor setting with cloudy sky and sparse vegetation.
Construction site with a blue dump truck and a front loader working on soil under a partly cloudy sky.
Two large rectangular trays of wet soil or sludge placed on a work surface outdoors, with various industrial tools and equipment in the background.
Two blue dump trucks loaded with soil are parked on a dirt area. There are two people walking beside small construction frames and a small wooden shed in the background, with forrested land further back.
A large industrial water slide structure with multiple black spiraling slides is being installed outdoors. The structure is elevated with a teal metal framework and has a platform at the top with a red water tank. Nearby, there is a red water wheel a
Blue dump truck on a dirt road in an open field, with a person in a yellow shirt in the background and rolling green hills under cloudy skies.
Industrial metal ventilation pipes installed on the side of a building with a concrete wall, nearby trees, and an outdoor area under construction.
A yellow and gray Volvo excavator digging in a large dirt excavation site with trees and hills in the background.