ZYL Limited (ASX: ZYL) is focused on developing anthracite coal projects in South Africa, and has the potential to transition to producer in 2013.
The company has already received non-binding expressions of interest for 1.7Mt of its Kangwane product - which is targeted at the export market.
ZYL Limited’s (ASX: ZYL) Mbila Project in South Africa is on the fast track to begin producing in the near term, with first production slated for the June quarter 2013.
The company has strengthened its hand in becoming a leading anthracite coal producer, acquiring an additional 30% of its Mbila project and adding two more anthracite projects to its portfolio in South Africa.
A Feasibility Study completed earlier this year demonstrates the Mbila project is economically competitive with strong profit margins and a project internal rate of return of 41%.
Mbila, which hosts a 125 million tonne JORC Resource, has the potential to produce a forecast phase one production rate of 580,000 saleable tonnes annually, increasing to full production of 840,000 tonnes per annum run of mine in the June quarter 2014.
Non-binding expressions of interest for offtake have already been received.
The One2One Forum brings you five presenting companies with presentations starting at 5:30pm.
The event is FREE, but registration IS A MUST.
DETAILS: The event will be held on Wednesday 6th June at the Radisson Blu Hotel, corner of Pitt and O'Connell Street, Sydney from 5.30pm.
The event will be followed by a wine and canapé reception where you can interact with the presenting MD's & CEOs.
SPECIAL EARLY BIRD DOOR PRIZE: If you arrive by 5:15pm and register for the event - you qualify for the draw for the special door prize of a HD James Bond Spy Pen Digital Video Recorder & Camera.
LUCKY DOOR PRIZE: All attendees instantly go into the draw to win 1 of 3 lucky door prizes drawn on the night: a $100 voucher for Radisson Blu Hotel, a $100 travel voucher, and a bottle of Veuve Clicquot Champagne.
FULL PRESENTER LIST
ZYL Limited (ASX:ZYL)
ZYL Limited (ASX: ZYL) is focused on developing anthracite coal projects in South Africa, and has the potential to transition to producer in 2013. The company has already received non-binding expressions of interest for up to 4Mtpa of saleable product.
Northwest Resources (ASX:NWR)
Northwest Resources (ASX: NWR) is an emerging Australian mining company with a focus on developing its core Blue Spec Shear high grade gold-antimony deposits, which are hosted within the company's flagship Nullagine project in Western Australia.
Radar Iron (ASX:RAD)
Radar Iron (ASX: RAD) Radar Iron's key assets include iron ore rights to tenements in the highly prospective central Yilgarn region of Western Australia, with the province rapidly being recognised as having distinct infrastructure advantages over the Mid West and Pilbara regions.
Norwest Energy (ASX:NWE)
Norwest Energy (ASX: NEW) is focused on shale gas exploration in the Perth Basin, Western Australia, where it is poised to fracture stimulate and test the key Arrowsmith-2 well. It is also carrying out exploration work in southern UK near the giant Wytch Farm oil field.
Latin Resources (ASX:LRS)
Latin Resources (ASX: LRS) is focused on exploration and development in the mineral rich country of Peru, with projects including the strategically located Guadalupito Iron & Mineral Sands Project, which has JORC Resource of 119MT at 5.7% Heavy Minerals.
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