African Potash to Acquire 70 Interest in SPM Exploration Rights for Lake Dinga
Mining Weekly reported that African Potash is set to acquire an indirect 70% interest in La Societe des Potasses et des Mines (SPM), for exploration rights for potash salts over the Lake Dinga project in the DRC.
As quoted in the market report:
The Lake Dinga project is surrounded by numerous potash development projects including the Sintoukola potash project, owned by Elemental Minerals and the Mengo potash project, owned by Evergreen Resources.