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    cobalt investing

    Mopani Approves $320m Zambian Shaft Development

    Investing News Network
    Aug. 11, 2011 01:45PM PST
    Battery Metals

    Mining Weekly reported that the board of Mopani has approved the construction of a new shaft at the Synclinorium mine.

    Mining Weekly reported that the board of Mopani has approved the construction of a new shaft at the Synclinorium mine.

    The market news is quoted as saying:

    The new shaft is expected to extend the life of the Nkana copper and cobalt mines by about 25 years, the Glencore subsidiary, in which First Quantum Minerals and ZCCM-IH hold minority stakes, said in a statement.

    To read the full market news, click here.

    cobalt investing
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