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FTSE 100 holds gains; Hammerson plc to cut rents for retail tenants to boost sector
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Theta Gold Mines Ltd set to be key player in South African mining with development strategy for Eastern Transvaal Gold Fields
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It was during the Soweto unrests of the 1980s that I ended up in the small Mpumalanga town of Piet Retief. I was a child, not even in my teens, when I landed in Thandukukhanya township. It was a desolate place that had been cast out of the main economic activity of what was then Eastern Transvaal. A location of subservient people, I observed.
Urban areas were up in flames with anti-apartheid protests as part of the Struggle call to “make South Africa ungovernable”. Inasmuch as I did not understand the politics of the era, I knew of family members who were sentenced to Robben Island with Nelson Mandela. Some of my cousins would escape Soweto to join us in Piet Retief as a means of running away from the notorious Special Branch that was hunting activists.
Kinetiko Gets Positive Results in SA Survey
Mar 3, 2021 8:50:am
Summary
by: Shardul Sharma
Posted in:
Kinetiko Gets Positive Results in SA Survey
Sydney-listed Kinetiko Energy on March 3 said initial interpretation results from a high-resolution aeromagnetic survey conducted at the Amersfoort coalbed methane (CBM) project in South Africa had confirmed the continuity of gas-prospective geology.
Six new potential gas compartments have been identified in the survey area ranging in size from 5.7 km
2 to 22.5 km
2 and in total 77 km
2. The total gas compartments identified on the Amersfoort project have now reached 37, it said.
Aircraft covered 273 km
2 over a selected portion of ER271 and ER38 which forms part of the Amersfoort project, Kinetiko said. This latest survey links together the two previous surveys for a combined 965 km
Theta Gold Mines Limited (ASX:TGM) Presentation to Mines and Money Online Connect
Presentation to Mines and Money Online ConnectSydney, Jan 29, 2021 AEST (ABN Newswire) - Theta Gold Mines Limited (
THETA CONTROLS THE EASTERN TRANSVAAL GOLD FIELDS (A very large yet almost unexplored gold province since WWII)
6Moz+ Group JORC Resources (43.7Mt @ 4.29g/t Au).
1.3 Moz open cut resources (13.08Mt @ 3.12g/t Au).
4.5 Moz underground resources (26.3Mt @ 5.4g/t Au).
Initial Ore Reserves declared for the Theta Project Starter-pits (within MR83 only) in May 2019: 205Koz (2.3Mt @ 2.76g/t Au).
6.7Moz+ Gold already produced since 1870s.
The No.1 gold discovery in South Africa before the Witwatersrand.
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