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28/09/2011: Cabinda phosphate reserve estimated at 240.0 million tones

Cabinda phosphate reserve estimated at 240.0 million tones
 

Luanda - Phosphate reserves discovered in the northern Cabinda Province are estimated at about 240.0 million tonnes, said the national director of Mining, Kavungo Marconi.

The official said so during the Angola-South Africa Business Forum, adding that a feasibility study is in progress for phosphate exploitation, as well as the construction of a complex for its transformation.

He said that Angola's phosphate reserves by 2015 will be compared to those ones of Morocco and Senegal.

On the other hand also said that the Zaire province has gold reserves estimated at 300 million tonnes, adding that a mining port will be constructed.