Canada-based Plains Creek Phosphate Corp. said that its Farim phosphate project in Guinea Bissau, Africa, has been placed on care and maintenance until the current political situation in the country stabilises, following the coup which derailed the presidential elections six weeks ago.
The feasibility study on its Farim phosphate project is expected to be completed on or before 31 July.
A 43-101 technical report on the preliminary economic assessment of the recently announced direct shipping option (DSO) is expected to be completed on or before 15 June.
The company is targeting the...