Minbos signs JV in Angola

摘要

Phosphate developer Minbos Resources has acquired all the shares in Petril Phosphates, its 50:50 joint venture ( JV) partner in the Cabinda Phosphate Project in Angola. Cacata, one of the deposits that is part of the Cabinda project, is currently the focus of a bankable feasibility study. Petril also holds rights to two other phosphate projects in the Zaire Province of Angola: the Lucunga Project and the Pedra de Feitico Project. Minbos will acquire both these projects as part of the transaction.