Manganese Company apprises Gov’t, opposition on its progress, targets
Georgetown, GINA, July 22, 2013
Reunion Manganese is targeting a silica manganese product at its Matthews Ridge, Region One operation in its pursuit to develop market access, employment and investment, executives said in a presentation at the Ministry of Natural Resources and the Environment today.
The interest of Reunion Manganese in the silica product stems from a pursuit by FerroAtlantica of Spain which is seeking to build partnership with the local company that was granted four prospecting licences covering 180,000 square kilometers in September 2010.
A Reunion Manganese Official makes a power point presentation to Officials of the Government and Guyana Geology and Mines Commission, and members of the Opposition on exploratory works at their Region One concession at Matthews Ridge
Based on preliminary works that included laboratory tests locally and overseas, the manganese-to-iron ration has been positive with concentrates good enough for what is referred to as the silico manganese markets.
“What is a selling point for manganese out of Matthews Ridge is phosphorous. The phosphorous limits are normally 0.15. A lot of the manganese out of Africa tends to have phosphorous levels above those limits and people prefer to buy low phosphorous manganese so that they can bring their phosphorous levels down,” Joel Byah from Reunion Manganese explained.
Low carbonate manganese was identified as another ingredient that makes manganese in Guyana advantageous as it is also a high market demand, according to Byah.
In a power point presentation of its project development plan to representatives of the Government, opposition and the Guyana Geology and Mines Commission (GGMC), the company intends to buttress its own energy generation from diesel to hydroelectricity and seek support in iron out bottlenecks to a successful operation.
Minister of Natural Resources and the Environment Robert Persaud,(centre of table) Prime Minister Samuel Hinds,(on Minister’s left) nd Officials of Manganese Reunion at the power point presentation. Also in photo on left of table are APNU’s members Dr Rupert Roopnarine and Ronald Bulkan and GGMC’s Commissioner (ag) Rickford Vieira
It has already mapped a trans-shipment route that includes travel from Matthews Ridge to Port Kaituma, through the Waini en-route to either Oldendorff at the mouth of the Berbice River or Trinidad and Tobago.
Oldendorff Carriers (Guyana) Incorporated, is a company contracted by the Russian, Bauxite Company of Guyana Incorporated (BCGI) for transshipment of bauxite from Aroaima.
The presentations made by Norman Mclean, Joel Byah and Geologist Dr. Grantley Walrond also zeroed in on the company’s concentrations at Arakaka, Pipiani, Monosee, Barima and Beacon Hill, areas to the North and South of Matthews Ridge.
Representing the Government were Prime Minister Samuel Hinds, Minister of Natural Resources and the Environment Robert Persuad, and Public Works Minister Robeson Benn. The opposition attendees were A Partnership for National Unity’s Rupert Roopnarine and Ronald Bulkan and General Secretary of the Alliance for Change David Patterson all of whom expressed that the long awaited project would come to successful fruition in their interaction.
They even recalled a meeting Reunion Manganese and FerroAtlantica had with the opposition a few months ago.
Over the two years that the company has been given the green light to resuscitate the defunct and derelict manganese operations in the Matthews Ridge area, over US$45M has been expended.
The company has successfully overhauled the power station, office complex, vehicle and maintenance workshop and Pakera House as it was popularly known. Works are ongoing on the laboratory.
Reunion Manganese, an offshoot of a successful gold operation in Canada called Reunion Gold is headed by Executive Chairman David Fennell who brings with him a wealth of experience.