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Wednesday, March 23, 2011

Globe Metals and Mining : Globe Metals & Mining Limited (ASX:GBE) Power Feasibility Study - Mota Engil - Kanyika Project

Globe Metals and Mining : Globe Metals & Mining Limited (ASX:GBE) Power Feasibility Study - Mota Engil - Kanyika Project: "Power Feasibility Study – Mota-Engil – Kanyika Niobium Project

Highlights

- Mota-Engil to conduct a study into power options for the Kanyika Niobium Project, including hydro and diesel power
- Study to assess technical and economic aspects of the supply of power to the Project, including a review of existing surveys of water flows and volumes in adjacent river systems
- MOU between Globe and Mota-Engil for the supply of power to the Project by Mota-Engil
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