Monday, 23 August, 2021 - 09:04
Globe tables bumper financials on Malawi niobium project
Globe Metals & Mining has released a barnstorming feasibility study on the proposed development of its Kanyika niobium project in Malawi in south-eastern Africa. The study foreshadows a cracking total EBITDA figure for Kanyika of US$3.74 billion across an initial mine life of 23 years. It follows hot on the heels of the recent formal granting of a mining licence covering the project by the country’s Mines Minister.