Baobab (LON:BAO) announces that today an exploration update was made by Metals of Africa (ASX:MTA). An extract of the announcement is presented below and the full announcement is available on the Australian Stock Exchange website
Following Baobab Resources plc (LON:BAO) recent announcements regarding the engagement of Standard Chartered Bank as corporate advisors and the results of the PFS-level 2Mtpa pig iron production financial modelling, the Company's website has been updated to include relevant news articles and research reports.
Baobab Resources Plc (LON:BAO) is wholly focused in Mozambique where it is developing a pig iron and ferro-vanadium project in the Tete province (the 'Tete Project'), one of Africa's fastest growing mining centres. The International Finance Corporation ('IFC') holds a 15% participatory interest in the Tete Project.
Further to the completion of a Pre-Feasibility Study that outlined a compelling commercial case for investment), Baobab Resources Plc (LON:BAO) is pleased to announce that it has retained Standard Chartered Bank as its strategic corporate advisor. The Company is wholly focused in Mozambique where it is developing a pig iron and ferro-vanadium project in the Tete province, one of Africa’s fastest growing mining centres
Baobab Resources Plc (LON:BAO) is a Mozambique focused mineral resource development company. Further to the RNS dated 21 February 2013, the Company is pleased to present final results of the resource up-grade at the Tenge/Ruoni prospect at its 85% owned Tete pig iron and ferro-vanadium project (the 'Tete Project') in which International Finance Corporation ('IFC') hold a 15% participatory interest.
An interview with Baobab Resources Limited (LON:BAO) Managing Director, Ben James, discussing the results of the recently announced Tete Pre-Feasibility Study
Baobab Resources Plc (LON:BAO), the Mozambique focused mineral resource development company, is pleased to present a summary of the Pre-Feasibility Study (the 'Study' or 'PFS') assessing the economic viability of its 85% owned Tete pig iron and ferro-vanadium project (the 'Tete Project') in which International Finance Corporation ('IFC') holds a 15% participatory interest.
