Minbos Resources (ASX:MNB) spends December quarter focused on Cabinda
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Throughout the December quarter, Minbos Resources (MNB) continued advancing the Cabinda Phosphate Project in Angola, West Africa
In mid-December, the company signed a memorandum of understanding (MOU) with the International Fertiliser Development Centre
Under this MOU, the IFDC will grow a small holder farmers market in Angola while Minbos will utilise its Cabinda Phosphate Project
While Cabinda isn t yet in the production phase, it s set to begin producing 50,000 tonnes per annum of phosphate
Additionally, three highly experienced Non-Executive Directors were appointed to help develop Cabinda
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