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Canada GB Mining announced phosphate mining in Guinea Bissau

Canada GB Mining announced phosphate mining in Guinea Bissau

 According to more than a few news agency reported on November 12, GB Canadian mining company responsible for Darfur at the end with a few Sano announced to the media after meeting with the Prime Minister than Correa, the company will complete the phosphate mining equipment installed in 2017, and in 2018 in mining phosphate concentrate.

Sano said Dahl, business feasibility study report of the project has been completed, the company is about making environmental and social impact report.

According to GB company's official website, in a few areas of proven phosphate reserves ratio decree 105.6 million tons, which accounted for 28.4% of phosphorus ore, inferred reserves of 3,760 million tons (concentrate ratio of 27.7%).

Mining costs estimated area of phosphorus ore decree was $ 52.13 per ton, to start the project estimated at $ 193.8 million funding. (Commerce Department website)