Hi Col8
Metal's press announcement states the following as to who was the previous tenement holder.
The two original licences were in the name of Malakia Joses Amakutuwa but were transferred
to New Mining Company (Pty) Ltd, whose name was changed to Metals Namibia (Pty) Ltd, a
wholly owned subsidiary of Metals Australia. The Ministry of Mines and Energy endorsed the
transfer of the licences on 14 March 2006.
Now my question is if the granting of the lease is just a formality then why suspend further exploration?
The suspension of the work severely disadvantages option holders.
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