application for renewal of mining exploration

Seems we are still not alone

Application for renewal of mining exploration license by MINBOS (MBS} in ANGOLA...
December 2013 through April 2014....

What Aussie Africans want in 2014 …
Thursday, 19 December 2013
http://www.miningnews.net/storyview.asp?storyid=801875475

Scott Sullivan, MD of Minbos Resources,MNB, a company with phosphate projects in Angola and the DRC

“Minbos is eagerly awaiting the renewal of its exploration licences in the Cabinda province in Angola. The licences are secure, but bureaucracy around the implementation of Angola’s new mining code has effectively delayed all licence renewals in the country. Minbos has been awaiting the renewals since the start of the year and hope that they come through in the coming weeks.




QUARTERLY ACTIVITIES REPORT....28/04/14 17:38
http://www.asx.com.au/asxpdf/20140428/pdf/42p75r70r3qdl3.pdf

ASX Code: MNB


c
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CABINDA PROJECT
With recent changes to the Minbos board completed,the Joint
Venutre (JV)has re-engaged with the Ministry of Mining and
Geology to seek the renewal of the exploration licence in
Angola. This process is procee ding under the new mining code, involves several new procedures and the process of aligning to this new code has caused some delays. It is
Minbos’ understanding that theJV has now completed all the pre-requisites required under the
new code and that the renewal of the licence is expected in the next 2-4 weeks.
The Angolan Government and the JV have at all times proceeded on the basis of the licences
being valid and the tenure secure beyond the exploration licence expiry date of 20 January
2013. The JV has taken the position of not committing substantial funds to the progression of
the planned Definitive Feasibility Study (DFS) until these licences are formally renewed.
However, the joint venture is poised to
recommence activity on the DFS as soon as they
are receipt of the renewed exploration licence