ANS austsino resources group limited

Bruceleroy did post the link above.NEWS SEPTEMBER 20, 2021Mbalam...

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    Bruceleroy did post the link above.

    NEWS SEPTEMBER 20, 2021
    Mbalam iron exploitation: Cameroon and its partners draw the contours of the project

    “The agreement thus signed follows the allocation, to Sangha Mining Development, a 100% subsidiary of Bfl, of three industrial exploitation permits known as “Avima”, “Badondo” and “Nabeba”, on November 30, 2021, by presidential decrees, as well as the granting, to the same company, of three mining exploitation agreements, on March 13, 2021, all in the Republic of Congo, for a period of 25 years. The investment made for the realization of these large-scale projects amounts to nearly 5.”

    …quite a few mines, Nkout, Mbalam, Nabeba, Avima, Badondo.

    Looks more than 150MTPA, but spread out over 25 years, a very strong supply of hi-grade.

    This was known some months ago, the scope, but now we are seeing the Congo Govt Technical Committee meeting about it, just before Ding arrives to wrap it up.

    very promising




 
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