Minbos Resources Expects Tender from Angola's Ministry in Q1 FY2020

  • Dec 06, 2019 AEDT
  • Team Kalkine

Minbos Resources Limited (ASX: MNB) presents an update on Angolan phosphate ore interests, which includes recent exploration activities at the Madagascan Rare Earth Project and an area held by the company in Cabinda.

  • Angola’s Ministry of Mineral Resources and Oil (or MIREMPET) extended the date for tender submissions for the granting of mining rights to the Cabinda Cácata concessions by one month with a new closing date of 18 December 2019.
  • MNB logged a formal submission and anticipates the awarding of the tender in the first quarter of the year 2020.


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