A preliminary economic evaluation on the Kabanga nickel-cobalt project in Tanzania estimates the yearly cash flow at US$115 million, not US$155 million as reported in our issue of Feb. 27. BHP Minerals is earning a 58% working interest in the project from Sutton Resources (VSE), subject to a 10% carried interest held by the Tanzanian government.
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The Busang gold project in Indonesia, controlled by Bre-X Minerals (ASE), has a drill-inferred geological resource of 10.3 million tonnes averaging 2.92 grams per tonne. Incorrect figures appeared in our issue of March 6.
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