Minbos Resources: Minbos flags cost cuts in Angola

ASX-listed Minbos Resources has flagged a $10-million capital cost saving at its Cabinda phosphate project, in Angola, on the back of a simplified flowsheet. The company on Thursday reported that following field trials in December last year, which confirmed that phosphate rock from the Cácata mine was suitable as a direct application fertilizer product in most of Angola's major growing region, the company undertook a review of its production profile.