Burundi Nickel Ore Mine
Nickel Ore Mine For Sale
Summary
The mining company, which is 91% owned by a Hong Kong incorporated entity and is being management by a very experienced team. The company has undertaken extensive exploration which has resulted in JORC Competent Person Reports (CPR’s), JORC Mineral Resource Estimate reports (MRE) for the Musongati Laterite and Bankable Feasibility Report of the Musongati Laterite. The company has also undertaken extensive multi-disciplinary studies by industry leading experts on the various aspects of the project and after a successful exploration on the mine, the Government of Burundi has granted the Mining company final mining license in the month of May 2014 to commence production.
The mine has proven reserves of minimum of 150million MT of Nickel Ore, have a significant upside value in Platinum group of metals( PGM) , Cobalt (Co), Copper (Cu), Iron (Fe)and the resources are an excellent candidate for being the next big Nickel (Ni) world project and . Furthermore, the Burundian government has in recent years, introduced a very favorable tax regime with a bid to boost foreign investment especially in the mining sector and the country has also experienced relative political stability too.
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