Resources investment firm Cape Lambert has resumed trading on the ASX after issues around its Kipushi cobalt/copper tailings project, in the Democratic Republic of Congo, was cleared.
Cape Lambert holds a 50% interest in the Kipushi tailings project, along with local entity Paragon Mining, which in turn holds has a 70% interest in the Kipushi project, increasing to 75% through a contract with La Patience SPRL, giving Paragon the right to exploit and process tailings from Kipushi and sell the product.