Thursday, 10 October, 2019 - 10:39
African bauxite play budding company maker for Lindian
Lindian Resources has secured an option to acquire a 51% stake in the high-grade Gaoual bauxite project in the West African country of Guinea that looks like it could be a rare “conglomerate” deposit. Average alumina grades that shoot the lights out at 54%, with a corresponding low silica content under 2%, look to be the goods. Drilling will kick off at the project in December.