Tanzania niobium study delivers strong results for Cradle
PERTH (miningweekly.com) – Niobium hopeful Cradle Resources on Thursday reported that a scoping study for its Panda Hill project, in Tanzania, had indicated the potential for a highly economic project.
The scoping study indicated that with an initial capital investment of about $185-million, a two-million-tonne-a-year operation, with a life-of-mine of some 28 years, could be developed, producing around 4.8-million kilograms a year of niobium.
Read more at: http://www.miningweekly.com/article/scoping-study-delivers-strong-results-for-cradle-2014-01-30
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