Mining Weekly reported that according to Gabon’s Mines Minister, BHP Billiton (ASX:BHP,LSE:BLT) will meet with the government of Gabon on April 16 to finalize a convention for the development of a manganese mine.
As quoted in the market news:
[The Mines Minister] noted that while much of the convention had already been decided upon, the parties still had to confirm the use of railway capacity for the project.
A spokesperson for BHP Billiton said on Tuesday that the company was unable to comment at this stage, but added that the project was at an advanced stage of feasibility.
The company previously reported that the Gabon mine would be a 300 000 t/y operation, with a resource to support an estimated 50-year life-of-mine.
Why Have Most Investors Forgotten About Metals - One Of The Safest Investments In The World?
Discover everything you need to know to diversify your portfolio with metals. Click below to download a FREE industry report on critical metals investing.