Baobab de-risks Tete project with resource upgrade

Mozambique-focused miner Baobab Resources has released details of its recent resource upgrade at the Tenge/Ruoni prospect at its Tete pig iron and ferro-vanadium project.

Mozambique-focused miner Baobab Resources has released details of its recent resource upgrade at the Tenge/Ruoni prospect at its Tete pig iron and ferro-vanadium project.

The results show that more resources have now been classified as 'indicated', upgraded from the previous category of 'inferred', which further "de-risks" the 85%-owned project, the company said.

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