BMR Mining Share Discussion Threads

[atino] 20/12/2016 11:19

Stave/FB

....some great news for the children of Kabwe guys - and a great sign of 'genuine' environmental clean up (•‿•) Funding now in place ^__^

....IMO ZEMA will now be 'much more' likely...to support us...in our 'cleaning up act'....provided that BMR can show robust corporate & social responsibility (͡° ͜ʖ ͡°)




[Quote 1] "World Bank bails out Zambia on lead pollution in Kabwe" (✌ﾟ∀ﾟ)☞


The World Bank's Board of Executive Directors has today approved a US$65.6 million International Development Association (IDA) credit for Zambia to reduce environmental health risks for people residing in selected critically polluted mining areas, including lead exposure in Kabwe municipality. Full story coming...... Editor.

[Quote 2] "Zambia: World Bank Approves $105.6 Million for Environmental Remediation and Agribusiness Development" (>'-')>


WASHINGTON, December 16, 2016 – The World Bank's Board of Executive Directors has today approved two International Development Association (IDA)* credits for Zambia. The first credit of $65.6 million will support environmental remediation in selected critically polluted mining areas while the second credit of $40 million will help increase market linkages and firm growth in agribusiness.

The Mining and Environment Remediation and Improvement project will support the strengthening of financial mechanism for scientific closure of mines, remediation of contaminated hotspots and improved enforcement of regulations and monitoring of environmental quality. This is a follow up project to the Copperbelt Environmental Project (CEP), which ran from 2003 to 2011. Remediation activities and management of contaminated hotspots will benefit an estimated 70,000 people living in hotspots and an estimated 30,000 children. The beneficiaries will access direct health interventions such as Blood Lead Levels (BLL) testing, treatment and nutritional supplementation, as well as education and awareness about the lead poisoning.

“The project will support localized interventions, in the selected municipalities to undertake income generation opportunities that will enhance community involvement in addressing environmental health risks, with specific attention to women and other vulnerable people in the community,” said Magda Lovei, Practice Manager for Environment Practice in Africa.

“The Mining and Environment Remediation and Improvement project is very important for Zambia because it will contribute to clean up some parts of the old mining town of Kabwe which still has unacceptably high levels of lead in the soil and high blood lead level among children, resulting from past lead mining in the area,” said Sanjay Srivastava, World Bank Task Team Leader for the project.

The Agribusiness and Trade project will support the country’s diversification program. It is expected to reach 4,000 farmer households and 300 small and medium entrepreneurs with an estimated over 30,000 people benefiting directly from the project activities.

“This project comes at a time when Zambia needs to diversify out of copper into other key economic sectors such as agriculture, tourism and services,” saidBrian Mtonya and Tugba Gurcanlar, World Bank Senior Private Sector Specialists World Bank “Agriculture employs the majority of people in Zambia, and most of these are women. Therefore more effective policies in agribusiness and trade would be instrumental in achieving broadbased growth and economic diversification in Zambia.”

“Both operations approved today are in line with government’s national development plans and will also contribute to tackle poverty through improved job opportunities for affected people, particularly women and the youth,” said Ina Ruthenberg, World Bank Country Manager for Zambia.

*The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. IDA is one of the largest sources of assistance for the world’s 77 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.3 billion people who live in IDA countries. Since 1960, IDA has supported development work in 112 countries. Annual commitments have averaged about $19 billion over the last three years, with about 50 percent going to Africa.

hxxps://www.lusakatimes.com/2016/12/20/world-bank-approves-40-million-zambias-diversification-program/

[qsmeily456] 19/12/2016 20:03

Balls,

Now do it with the 2017/18 plant on an annual basis LOLsss

[ljchandler] 17/12/2016 05:51

hxxps://www.scribd.com/document/334437907/BMR-Broker-Rating-27p

[markjwal] 16/12/2016 20:56

BMR presentation from November incredible resource- http://www.youtube.com/watch?v=OTiBpRWkhYE

[atino] 14/12/2016 10:39

Morning FB:-)

Just I was mentioning about the IMPORTANCE of electricity/power SOURCES in my yesterdays post...LOOK WHAT HAS HAPPENED YESTERDAY - A MAJOR POWER CUT OCCURRED IN KABWE !!...



[December 13, 2016] "Over 500 miners were on Monday trapped 300meters underground at the NFCA mine"



Over 500 miners were on Monday trapped 300meters underground at the Non-Ferrous Cooperation Africa (NFCA) mine in Chambishi owing to the power outage which affected seven Provinces on Monday.

Some miners who were among those trapped said they feared for their lives as the underground plant almost flooded because the pumps that control the water from the mine couldn’t work.

Meanwhile the power utility company has informed the nation that it has fully restored power to all the affected provinces.

In a statement issued to the media, ZESCO Senior Marketing and Public Relations Manager, Mrs Bessie Banda said that power was restored to Copperbelt and North-Western Provinces by 16:00 hours yesterday, while Northern, Luapula, Muchinga, Eastern and parts of Central Provinces were back on supply in the early hours of Tuesday morning at 01.10 hours.

Ms Banda said the loss of supply was due to failure of some high voltage equipment at Kabwe substation due to a heavy down pour.

Other mines which were affected in Chambishi because of the power outage as they were forced to stop production are Chambishi Copper Smelter (CCS), Chambishi Metals, NFCA, Multi-Facility Economic Zone (MFEZ), Sino Metals Leach Zambia, and other smaller mining firms in the same area.

Five provinces were once again blacked out by Zesco following a system failure at the 330 KV Kabwe Sub Station.

The affected provinces are North Western, Northern, Luapula, Muchinga, Copperbelt and parts of Central Province.

The blackout happened around 14:30 hours with power fully restored to the Copperbelt two hours later while the process for other areas is still on-going.

A similar incident left the part of the country plunged in darkness after damage was caused in the Kabwe-Pensulo grid.

Zesco attributed the damage to the heavy down pour that occurred in most parts of the country.

hxxps://www.lusakatimes.com/2016/12/13/500-miners-monday-trapped-300meters-underground-nfca-mine/



...this is why we need to make sure, we have a steady supply of electrical power sources coming in, and back-up generators !!

[fireball xl5] 13/12/2016 22:59

Interesting Atino, seems we are picking partners which intend to go places.

[atino] 13/12/2016 16:54

BMR, The mineral processing group secured ZEMA approval for the environmental and social-impact assessment for its tailings retreatment process and the construction of a pilot and a main treatment plant at its Kabwe project.

In late May, BMR received a letter of intent (LoI) from a private South African mining, energy and agribusiness group, which outlined requirements for 500 t/m of ZSH, 300 t/m of lead sponge and, eventually, 300 t/m of London Metal Exchange-grade zinc cathodes.

BMR, which continued to refine the process and advance the engineering design work and plant construction plans, would draw down from a $2-million facility to start the construction of the now-configured $2.68-million plant to produce the ZSH and lead sponge in the quantities required.

웃❤2976; The aggregate cost of $2.68-million comprised 52% of confirmed quotations, 18% of factored costs and 30% of internally estimated costs in respect of $1.8-million for mechanicals, $400,000 for instrumentation and electrical items and $480,000 for labour, pipework and other ancillaries 웃❤2976;

(⌐■_`32;) BMR would immediately focus on securing larger items with long lead times, including the thickeners, leach/precipitation tanks and agitators. The group’s current £1-million-plus cash resources and the drawdown facility were expected to cover the costs of the plant, which would be commissioned by early 2017 (⌐■_`32;)

The LoI, which remained subject to a completed sale and purchase agreement, significantly enhanced the returns from BMR’s zinc and lead assets over a sustained period of time to the benefit of shareholders the company said (•‿•) “The directors expect that the net sales generated from the ZSH and lead sponge will provide sufficient funds for the company to complete the zinc electro-winning and copper/iron removal circuits at the plant,” BMR added.

The Directors are estimating the operating expenditure at the Plant to be approximately $150 per tonne of tailings based on the current costs of acid, reagents, labour and electricity ಠ_ಠ.

In November, BMR negotiated with Roytec South Africa for all thickeners, filter presses and automated flocculant dosing units. Roytec South Africa is able to offer commissioning services and technical backup in Zambia.



(✌ﾟ∀ﾟ)☞ "Roytec R100-million order book filled by large African mining projects" - hxxp://www.roytec.co.za/downloads/Roytec-R100-million-order-book-filled-by-large-African-mining-projects.pdf

[atino] 13/12/2016 12:47

Meet the 'man'...who will construct our plant *__^

...excellent 'sourcing' Alex *__* I have great confidence that Jeff has the wealth of experience, in just what we need to do...in order to set ourselves up 'operationally' ^__^


[Linkedin profile] "Jeffrey Livesey" - Principal Construction Management Specialist at Anglo American South Africa


I have 40 years’ experience in engineering, projects, construction and management with over 80 projects behind me within the mining, infrastructure and processing industries.

I have played an integral part in the success of the delivery of studies, from the front end loading, valued engineering and projects delivery both corporate and on site. I have extensive knowledge and experience in construction manager in Gold, Coal, Diamonds, and Copper and Platinum commodities throughout South Africa, Botswana, Zimbabwe, Namibia, Chile, Brazil, Columbia and Peru.

I have a unique interactive approach to each project which I manage with honesty and integrity. I am passionate about safety, mentoring people as well as training. I take it upon myself to encompass each project and with that I have never left a project without completion or final hand over being signed off by the client.

Responsibilities: Project Construction &Constructability reviews as part of feasibility reviews taking into account safety, design, schedule, cost and quality. To support the BU into project implementation: to provide risk and quality assurance on schedule openly and honestly to A.A. and the respective BU on all construction, commissioning and operational readiness issues.

To assist and guide the BU and any designated EPCM consultants in the use of Anglo American standards. International exposure Cerrejon Colombia, Minas Rio Brazil, Amapa Brazil, Barr Alto, Quelleveco Peru, BVFR Brazil. I have a wide range of experience across commodities: Gold, Iron ore, Platinum, Copper, Nickel, Niobium and coal.


Peer reviews

- Oscar Pullen (Mechanical Supervisor at DRA) - Jeff is a person with seemingly endless energy in the workplace and is highly respected by all that have had the pleasure of working with and under him!! Knowledgeable and honest.


- Tony Nyakudarika (Principal Process Engineer at DRA Mineral Projects) - Jeff is very hands on and meticulous with detail. He is a good team player and motivator. What a pleasure to work with on sites. November 18, 2014, Tony worked directly with Jeffrey at Senior Construction Manager

hxxps://www.linkedin.com/in/jeffrey-livesey-944393a0

[fireball xl5] 11/12/2016 23:35

At least he made an offer. Shame the mutineers ushered him off the ship. Tis a brutal world me hearties.

[kryptonsnake] 11/12/2016 21:08

Lol. I take that back, he wasn't spot on, I think he over valued MTR!

[fireball xl5] 11/12/2016 00:28

The worm may well be turning. A Kabwe MP is threatening to take on the clean up themselves. BMR are six months from commencing processing. There should be a decision on funding another programme to reduce the effects of pollution in the Copperbelt area this month involving the World Bank. Will the protagonists bump into each other by chance and then collectively use their ambitions to act as a conduit to achieving the benefiction of this well published blott on the landscape. Stranger things have happened. It does appear to be a project that is difficult for the NGO's, BMR and other interested parties to avoid. But WDIK, it would go some way toward appeasing a number of LTH's and the people of Kabwe who have been unjustly deprived of an hospitable environment. Let's pray that they can stumble towards success.

[qsmeily456] 10/12/2016 18:24

You tell em staff baby no LOLsss

[stav5001] 10/12/2016 11:20

Aitino

The pollution issue was probably what drew me in so deeply into BMR in the first place.

Yes, I wanted to make money like everyone else, but I had grandiose dreams of traveling to Kabwe and doing some good with part of my gains here, and even had QS as Fully backer!

Our Leader at the time was was all ears, charming and full of positive commitment to making a real difference at Kabwe, which was like sirens music to my ears.

It was all so believable, based on the RNS's published outling the multi metal resources we had, clearly backing our great leaders own encouraging stories. I used spreadsheets which told me we could not fail, that eventually it could only come good with such eye watering assets and no debt.

The rest is history!

Now we have a second chance.

Many know that I Contacted the World Bank personally and started the ball rolling just weeks before Masoud dropped the bombshell and resigned,

Even our reduced inventory, poses a life changing opportunity if the potential is fully realised.

As for the world bank, they cannot possibly succeed in their cleanup mission without BMRs involvement, their own lengthy report on their previous use of $50m + makes this clear.

If they are serious about cleaning up Kabwe, we are the only show in town. They can get the most bang for their bucks by aiding BMR as an integral part of the cleanup. With their help it would be simple to accelerate the cleanup, they could easily assist the funding of a substantial ramp up in the equipment we propose to use. In real terms this would be peanuts, and produce a real result, reducing the source of contamination at source instead of applying sticking plasters to the gangrenous problem.

Yes, BMR would gain financially, but the World Bank and the people of Kabwe would gain infinitely more. It is The most cost effective solution for them and the fastest. This is a virtuous circle if ever there was one. Why it has not been implemented is a mystery, and a sad indictment of the due process.

How much longer must the people of Kabwe suffer, When a big part of the solution is staring them in the face and has been for years!

[atino] 09/12/2016 11:44

Morning guys:-)

Do you's remember you the Luanshya tailings?...and the 2011 "Memorandum of Understanding" (...i.e when we were going to buy it) ???



WELL...ITS UP FOR SALE AGAIN - CLOSING DATE 13 JAN 2017 *__^


Sector Other Services
Tender Value N.A.
Location Lusaka - Zambia
Ref.No 20555720
Closing Date 13 - Jan - 2017 | 35 Days to go View Tender Details
Purchase of Luanshya tailings dams- Luanshya, Zambia.

hxxp://www.tendernoticeafrica.com/quicksearch.aspx?si=2&st=qs&o=2&SerCat=10&SerText=Zambia

Oh and BTW....the board of Zambezi Resources Limited...have been experiencing ALOT of boardroom RESIGNATIONS/CHANGES in recent months !

[atino] 09/12/2016 01:01

DID YOU's KNOW....


In a neighborhood called Chowa, (thats one of the closest to the old smelter of ours!), "almost every single child is suffering from lead poisoning," says Richard Fuller, president of Pure Earth, an organization that identifies and helps clean up poor communities with high levels of environmental toxins (☉_☉(857;.⊙)⊙.⊙)


Have a look below (⊙＿X57;’) i think that maybe our site in the back horizon !


In the neighborhood of Chowa, work has started to clean up the lead mess. "It's a huge project. Lead is an element, you can't destroy an element, but we've got to stop it from getting into the kids," says Fuller. His organization has begun literally moving the dirt with highest levels of contamination to encapsulate in landfills, then cover what's left behind with a permeable membrane. Workers cover the membrane with layers of clean soil. "We tamp it all down and stop the dirty stuff from rising," says Fuller. Local officials have been trained in the cleanup method and have tackled one neighborhood of 80 homes. There are thousands of homes yet to be cleaned up.

hxxp://www.npr.org/sections/goatsandsoda/2016/01/22/463960250/what-flint-michigan-and-kabwe-zambia-have-in-common