Tantalum and niobium market report November 2011
2011-12-06 09:19:57 【Print】
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1.Company news
Globe Metals & Mining gains 51% stake in Mount Muambe project in Mozambique.
Globe Metals & Mining (ASX: GBE) has reached a significant milestone by meeting the second year obligations under the joint venture agreement with Bala Usokoti Lda, to achieve a 51% interest in the Mount Muambe Project in Mozambique.
Globe now needs to deliver a JORC Resource within the next twelve months to gain a 70% interest in the project. The company expects that its current extensive drilling program will enable a resource to be delivered during the first quarter 2012.
Globe Metals & Mining gains 51% stake in Mount Muambe project in Mozambique.
Globe Metals & Mining (ASX: GBE) has reached a significant milestone by meeting the second year obligations under the joint venture agreement with Bala Usokoti Lda, to achieve a 51% interest in the Mount Muambe Project in Mozambique.
Globe now needs to deliver a JORC Resource within the next twelve months to gain a 70% interest in the project. The company expects that its current extensive drilling program will enable a resource to be delivered during the first quarter 2012.
