Cement News tagged under: Vanguard Mining Corporation

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Vanguard signs east Indonesian mining concession

15 September 2014, Published under Cement News

Vanguard Mining Corporation has agreed with Yupolo Resources to buy 80 per cent of equity interest in the company and co-develop a 3500ha gypsum and limestone concession in Nusa Tenggara Timur, Indonesia. It is expected that the gypsum deposits will be in excess of 30Mt, while the limestone deposits are approximately 400Mt. The proposed mining concession is just 4km from the newly expanded Menanga Sea Port.  Both the companies are jointly planning to develop this concession in four stages...