Minbos Resources (ASX:MNB) - CEO, Lindsay Reed
CEO, Lindsay Reed
Source: Minbos Resources
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Minbos Resources (MNB) completes its dry season environmental survey for the Cabinda Phosphate Project in Angola
  • The survey includes soil samples along with flora, fauna and water to be analysed in coming weeks for an Environmental and Social Impact Assessment
  • Minbos says the Angolan Government has entrusted the company to sustainably manage the Cabinda Phosphate Project and consider ecological sensitivity
  • HCV Africa says it aims to complete the environmental reports by the end of this year
  • Minbos Resources was up 7.14 per cent, trading at 10.5 cents at 3:30 pm AEST

Minbos Resources (MNB) has completed its dry season environmental survey for the Cabinda Phosphate Project in Angola.

Environmental consultants, HCV Africa, completed the dry season survey for the Cácata Deposit and the Futila Granulation Plant. The survey included soil samples, along with flora, fauna and water to be analysed in the coming weeks.

Minbos says the Government of Angola has entrusted the company to sustainably manage the Cabinda Phosphate Project. This includes the use of land and ecological sensitivity, water consumption, and the socio-impact and cultural heritage of the surrounding community.

The company says the survey complements a wet season report completed in May, which underpins preliminary impact assessments, mitigation measures and monitoring requirements. Both surveys are considered essential for the completion of Environmental and Social Impact Assessments.

HCV Africa says it aims to complete the environmental reports by the end of this year.

Minbos Resources was up 7.14 per cent, trading at 10.5 cents at 3:30 pm AEST.  

MNB by the numbers
More From The Market Herald

" Aldoro Resources (ASX:ARN) progresses drilling at Niobe

Aldoro Resources (ASX:ARN) has completed 17 reverse circulation (RC) holes at the Niobe project in Western…

" Red Mountain Mining (ASX:RMX) raises $1.6 million for its Mt Mansbridge project

Red Mountain Mining (ASX:RMX) raises $1.6 million for its Mt Mansbridge project
Torque Metals (ASX:TOR) - Executive Chairman, Ian Finch

" Torque Metals (ASX:TOR) uncovers new discovery at Paris Project

Torque Metals (ASX:TOR) unearths a new discovery at the Paris Project in Kalgoorlie, dubbed the Caruso…

" GWR Group (ASX:GWR) pens deal with Jindalee Resources (ASX:JRL) for magnesium project

GWR Group (ASX:GWR) has penned a deal with Jindalee Resources (JRL) for a 70 per cent…