Pierre Oba demands Kore Potash response on Congo projects
While the price of potash has risen by more than 150% in one year (to $562.5 per tonne), the Congolese Minister of Mines is impatient with what he considers to be the slow progress of the development programmes for the Kola and DX prospects, located on the Atlantic coast, north of Pointe Noire.
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▪ Pierre Oba demands Kore Potash response on Congo projects
▪ While the price of potash has risen by more than 150% in one year (to $562.5 per tonne), the Congolese Minister of Mines is impatient with what he considers to be the slow progress of the development programmes for the Kola and DX prospects, located on the Atlantic coast, north of Pointe Noire.
▪ https://www.africabusinessplus.com/en/813571/pierre-oba-demands-kore-potash-response-on-congo-potash-projects/
On 12 October, Pierre Oba sent a strongly worded letter to Kore Potash‘s managing director, Brad Sampson, expressing dissatisfaction with what he described as the slow funding process for the Kola project. The letter gave Kore an ultimatum of 30 days to return to the mining administration with a suitable answer or face an enforcement action “in accordance with the mining code”.
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