Bushveld Minerals (GB:BMN) has released an update.
Bushveld Minerals Limited, a primary vanadium producer, has reported a 10% increase in Ore Reserves at the Vametco vanadium mine, with the updated figures standing at 293,400 tonnes of V2O5. Despite a slight decrease in the total Mineral Resources due to mining activities, improvements in the pit design and adjustments to modifying factors have led to the increase in reserves. The company emphasizes the economic potential of the reserves, which have been thoroughly evaluated and are expected to support future mining operations.
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