KAB 0.00% 0.1¢ kaboko mining limited

price target after trading halt, page-80

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    Zambian manganese ore sees no improvement in prices.

    LONDON Asian Metal 8 Jun 12

    Despite increases seen in international manganese ore prices, the Zambian manganese ore suppliers have reported no fluctuations in the domestic prices for the material.

    Local sources do not expect significant price improvement in the near future, stating that Zambian manganese ore is not favourable by international buyers due to the geographical position of Zambia.

    The current price for Zambian manganese ore 50%min is between USD70-80t ex-mines, no changes compared to prices seen last month.

    Source :http://www.asianmetal.com/news/viewNews.am?newsId=883028
 
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