CAPITAL MARKETS

Phosphate resource pipes up at Sandpiper

THE Sandpiper phosphate project in Namibia, jointly owned by UCL Resources and Minemakers, has uncovered a maiden ore reserve expected to support a 30-year mine life.

Brooke Showers
Phosphate resource pipes up at Sandpiper

Both owners of the Namibian Marine Phosphate joint venture each hold a 42.5% share and are still to settle their differences since UCL’s failed takeover bid for Minemakers. In separate announcements...

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