Wednesday 10 December 2014

Otmane El Rhazi : Equatorial secures mining convention for Congo project

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



ASX-listed Equatorial Resources has signed a mining convention agreement over its Mayoko-Moussondji iron project in the Republic of Congo. The mining convention, which followed the grant of a 25-year mining licence in March this year, defined the fiscal rights and legal obligations of both the Congo government and Equatorial in respect to the Mayoko-Moussondji project.

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