https://www.miningweekly.com
Construction|PROJECT|Projects
Construction|PROJECT|Projects
construction|project|projects

Kore hoping for ongoing support in Congo

15th November 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Triple-listed Kore Potash has responded to a disgruntled letter from the Republic of Congo’s Minister of Mines, hoping to gain continued support for its potash projects in the region.

The Minister of Mines in October sent a letter to the ASX-, Aim- and JSE-listed company, expressing his discontent with certain aspects of the administration of the company’s subsidiaries in the region, and the lack of apparent progress at the Kola potash project.

The letter followed the arrest and subsequent release of two senior employees by local police, with neither Kore nor the employees being informed of the reasons for the arrest.

Kore said this week that its response to the Minister had addressed the items raised by the Minister and it was seeking ongoing support from the government to continue the "historically strong and constructive" relationship to enable the completion of the financing process for the Kola project.

The company is now awaiting feedback from the Minister.

The Kola project is Kore’s largest project and is scheduled to follow the DX project in the company’s development strategy. The project is expected to require a $2.1-billion capital investment and will have a four-year construction period, ultimately producing 2.2-million tonnes a year of muriate of potash over a 33-year mine life.

Edited by Creamer Media Reporter

Comments

Latest News

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024
Resources Watch
Resources Watch
2nd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.176 0.213s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: