Baobab to move Muande forward with AMED backing - Baobab Resources (LON:BAO) has agreed a deal with major shareholder AMED to fund the development of its Monte Muande direct shipping iron project in Mozambique. The company said the estimated 3 to 5 Mln tonnes soil horizon overlying the magnetite/phosphate mineralisation can be easily upgraded to a premium 65% iron product through simple dry screening. No blasting or crushing is required in the mining process, resulting ... ow.ly/2RUC7d
Posted on: Thu, 11 Dec 2014 09:08:07 +0000
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