Mining Weekly reported that Botswana is optimistic about the future of the mining industry in their country, with several projects on tap.
As quoted in the market report: Botswana is now the world’s leading diamond producer in terms of the quality and grade of its diamonds, but also hosts significant copper, nickel, cobalt, gold, soda ash and coal deposits, which are currently being exploited and developed.
|Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with FCO to get their latest news instantly.|