MALAWI MINE
April 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) has approved the lending of Euro 300,000 to help finance a Euro 1.8 million feasibility study into the viability of extracting strontianite ore at Kangankunde, in Malawi, southern Africa, and then processing it into marketable strontium carbonate. Rift Valley Resource Developments Ltd will coordinate the work, which will also be funded by the South African Export Development Fund, which is "the main financing institution," said the EIB.The study itself will consist of resource and reserve base certification, mine ...
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