EXPLORATION & DEVELOPMENT

Equatorial to boost coffers for Badondo

EQUATORIAL Resources has emerged from a trading halt this morning to unveil a substantial exploration target for its Badondo iron ore project in the Republic of Congo, as well as a placement to raise $A36 million.

Kristie Batten

Equatorial to boost coffers for Badondo

The company has set an exploration target for Badondo of 1.3-2.2 billion tonnes of iron ore grading 30-65% iron. Independent consultants Resource Potentials completed the target, which is tipping up...

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