BMR Mining Share Discussion Threads

[kryptonsnake] 08/8/2017 14:07

Seems like we have a few important things to sort out before we get to the commissioning phase, like funding and permissions to produce the Vanadium.

I was thinking more along the lines of what if they introduce new rules before we get to that stage.

[fireplace22] 08/8/2017 13:24

Are we likely to have anything to commission is more pertinent.

[atino] 08/8/2017 13:16

The EIA was recently passed, wasn't it ?

We just got to adhere to them...whilst commissioning & phasing *__^

[kryptonsnake] 08/8/2017 13:04

Good find Antino. Not sure how it will help BMR though (unless they are willing to lend us some of that money). Sounds like they might put tougher rules and regulations in place for miners. Will this affect us, and if so could it cause more delays?

[atino] 08/8/2017 12:55

Wicked news - this should help *__^...(news just out 49 mins ago - 8 Aug 2017)


"Govt contracts $65.5m loan from WB to fight environmental degradation in Kabwe, Mufulira"


MINES minister Christopher Yaluma has revealed that the government has contracted a US$65.6 million from the World Bank to use in combating environmental degradation in Kabwe and Mufulira towns.

Yaluma, who featured on ZNBC TV’s Sunday Interview programme, said the government was keen on safeguarding the environment while allowing mining activities in specific parts of Zambia.

The current situation, when a mine is about to be opened, we ensure that they meet all the required plans. As they go on running the mine, they must ensure that whatever will be the impact of environmental degradation are addressed and they must keep on doing that, remediating those problems as they go by. As a government, we have instituted an environmental protection fund which is paid by mines; it is quite huge! [It is] to ensure that should they (mine owners) run away without reinstating whatever will be the issues, we’ll use that money to reinstate. Now, that is for current, Yaluma explained.

He regretted that in the past, the environment, like in Kabwe, was left degraded and that nothing was done by the people who were mining there.

“They left the mines. In those areas where that has impacted on the health of the people or the infrastructure in the area, we have gone ahead and said we must now redress those issues. What we are doing right now; I’ll give an example of Kabwe, there is a lot of presence of lead in the atmosphere, in the soil which has been inhaled, which is quite deadly should you go above the limit! Some of them have gone above the limit but by the grace of God, they are still alive,” Yaluma noted.



So, we’ve obtained a loan from the World Bank 🙌🙌🙌 of about US$65.6 million to go in and remediate those mining and environmental problems which are present up to date in Kabwe 🙌🙌🙌 and in Mufulira arising from sulphur dioxide emissions.

He stressed that before any mine was allowed to start operations, a re-settlement plan for the displaced population had to be submitted to the Ministry of Mines.

That is something which is tackled before even a mine starts. In compilation of the Environmental Impact Assessment, there’s where it requires a re-settlement plan which should be given and demonstrate how they gonna do it and that is submitted prior to the starting of the mine, otherwise we’ll never allow a mine to kick-start when such things are not addressed in the Environmental Impact Assessment, Yaluma explained.

And Yaluma said Zambia was in the process of enacting a law that would compel all mining houses to disclose their tax contributions to the revenue body, the Zambia Revenue Authority (ZRA).

I must brief you that Zambia has subscribed to the Extractive Industry Transparency; it is an institution which is now resident in most of the mining countries all over the world. The point is all what they (Extractive Industry Transparency) are trying to do is to bring in accountability and transparency on the part of players in the mining industry; the mining houses and the government. Whatever the mining houses are paying in form of tax to the government, that tax collected by the government must be known to the people of that country and at the same time, accountability is needed so that the people know where the money is being spent. So, the mining houses must disclose how much they have paid to the government and the government must disclose to the nation how much they have collected and where they took that money-on what projects; we’ve to disclose that!
he said.

“All this is to enable transparency and accountability but it (the law) is not yet enacted and so, there is a gap. What we are trying to do now is to legislate that so that everybody will be compelled to disclose that information. Remember this is something which was being discussed all over the world and a resolution has been made that we have to do that and we are going to do that.”

Meanwhile, on the Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) and First Quantum Minerals (FQM) out-of-court settlement debate, Yaluma said: “I wouldn’t like to discuss that because that thing is still under discussion and you know, it’s yet to be resolved, though they’ve advanced [but] I wouldn’t like to talk about that. That thing was in court and it hasn’t yet been done away with from the courts-we wouldn’t want to talk about it!”

hxxps://www.themastonline.com/2017/08/08/govt-contracts-65-5m-loan-from-wb-to-fight-environmental-degradation-in-kabwe-mufulira/

[qsmeily456] 08/8/2017 12:38

Is the plant build still on target?

All other things seem to have slowed or been put on hold so what's the impact to that previously announced and promised?

How much funding is left now?

LOLsss

[fireball xl5] 04/8/2017 13:33

Bargain if the ACI monies drop QS. Dabbling monthly and putting in the Porker Bank. Changed its name as a tribute to MA LOL'S

[qsmeily456] 04/8/2017 10:44

Nice little top up LOLsss

[cinoib] 01/8/2017 19:35

If you on here Big Kev, bet you wish you'de bought booho like I said.

[qsmeily456] 27/7/2017 11:22

You know the answer to that question ......sparky LOLsss

[markjwal] 25/7/2017 21:02

I need a new pair haha

[kryptonsnake] 25/7/2017 20:01

They must be small compared to yours markjwal, haha.

[markjwal] 25/7/2017 19:56

Those are big boots to fill ljc haha

[kryptonsnake] 25/7/2017 18:06

At least we're moving in the right direction, let's hope it stays that way.

[fireplace22] 25/7/2017 18:04

Conversation with BMR reported on LSE - generally mildly positive re funding may have resulted in a short flurry of buying.

[ljchandler] 25/7/2017 17:53

https://ibb.co/f6h0h5

[markjwal] 25/7/2017 17:49

Are you filling your boots still QS?

[qsmeily456] 25/7/2017 17:27

Nice little kick from top ups LOLsss

[stav5001] 21/7/2017 17:02

Atino

If only that digger was busy filling the conveyor belt for our processing plant! Lol!

I am Surprised to see that they do not appear to using any kind of dust control / suppression, because BMR will surely have to as part of the processing agreement!

When will everyone involved wake to the facts. Only BMR can really address and solve this toxic nightmare at Kabwe at its source!

[mlangton1] 21/7/2017 12:31

Are we there yet?

[99jeremiah] 21/7/2017 05:44

"....the funds will be put to good use..."
Uncontrollable LOLsss!

[atino] 20/7/2017 09:16

Kabwe lead pollution exaggerated – council says 😲 – Zambia Daily Mail



THE challenge of lead pollution in Kabwe has been exaggerated as information publicised by some international organisations suggests that Central Province’s capital is not habitable.

Kabwe town clerk Ronald Daka said the district is still painted black due to lead pollution despite mitigation and remedial projects Zambia Consolidated Copper Mines – Investment Holding (ZCCM –IH) has implemented.

“The lead issue to a very large extent is being exaggerated. Yes there is a problem of lead but we are talking about certain hotspots like in Kasanda, Chowa and Makululu,” Mr Daka said.

Mr Daka said on Thursday during a stakeholders’ consultative meeting at Civic Centre that the level of pollution in Kabwe cannot be compared to Chernobyl in Ukraine, Dzershinsk in Russia or Fukushima in Japan.

Mr Daka said people should not be afraid to live and invest in Kabwe because measures to address effects of lead on human health and the environment are being addressed.
Mr Daka said out of the US$65.6 million the World Bank has given Zambia for a five-year environment remediation project targeted at critically polluted mining areas of Kitwe, Chingola and Kabwe, the latter has been allocated US$16 million.

He said foreign media houses and some non-governmental organisations which go to Kabwe to cover and do research on lead pollution do not engage Kabwe Municipal Council (KMC).
“People should understand that we are dealing with a town that has come through mining and it’s sad that we have received bad publicity,” Mr Daka said.
“The problem is there but it’s not the way it’s being portrayed, Kabwe is generally a safe place.”

Meanwhile, Kabwe mayor Prince Chileshe is optimistic that the Ministry of Lands and Natural Resources will soon lift the ban on land administration agency of KMC.
Mr Chileshe said KMC has made strides in addressing concerns that have led to the ministry suspending the land administration agency last month.
Mr Chileshe clarified that suspension of the land agency does not affect KMC’s mandate to plan for development.

hxxps://www.daily-mail.co.zm/kabwe-lead-pollution-exaggerated-council/

[atino] 20/7/2017 09:10

Morning guys - do you's remember the World Bank funds ?? 🤔

Well..the "$65.5M KABWE CLEANUP PROJECT" has BEGAN 🙌



[Quote 19 July] "$65.5M CLEANUP PROJECT LAUNCHED"

Government has launched a 65 point Five-Million-dollar project aimed at addressing some environmental damages caused by mining operations in mining towns across the country.

The multi-million-dollar Zambia Mining Environmental Remediation and Improvement Project-ZMERIP- will also focus on reducing environmental health risks through localised interventions.

The project which is a partnership between the World Bank and the Zambian Government will be implemented by the Mines Safety Department, the Kabwe Municipal Council and the Zambia Environmental Management Agency-ZEMA.

And Speaking at the Launch, Minister of Mines and Mineral Development Christopher Yaluma urged stakeholders involved in the project to support the noble cause to protect the lives of people negatively affected by mining activities.

Mr. Yaluma said the project will be a new pillar of Health and assured the World Bank that the funds will be put to good use to bring sanity in Mining towns.

And Central Province Minister Sydney Mushanga said Kabwe is the most prominent mining town that has been negatively affected by lead poisoning.

Meanwhile World Bank Group Country Manager Ina Ruthenberg said the project will be of great importance to Zambia as the country focuses on diversifying its economy.

hxxps://www.znbc.co.zm/65-5m-cleanup-project-launched/

[fireball xl5] 18/7/2017 21:12

Stav, it has become a war of attrition. The rations are all but gone. The hunger pangs add to the fatigue. Is there to be one last push over the hill. We must surely take this prize for which we have fought. Deception, embezzlement, fraud and dishonour have left their indelible prints on this unending conquest.