Afrimines Resources
| Industry | Mining |
|---|---|
| Founded | 2003 |
| Headquarters | , |
Afrimines Resources is a company based in the Democratic Republic of the Congo that has precious metal mining rights in various deposits. One is a 5,500 square kilometres (2,100 sq mi) area within the Kilo Moto area of the northeastern Orientale Province. The company was established in 2003.[1]
In May 2008 the Australian-based Tiger Resources announced that it had secured the right to a 60% interest in four permits for exploration covering about 165 square kilometres (64 sq mi) in the copper and cobalt "“Roan Sequence" in Katanga Province. Afrimines would hold 20% and Katanga Minerals Holdings would hold 20%. Development costs were to be 90% covered by Tiger Resources and 10% by Afrimines.[2]
On 1 December 2010 the Australian Erongo Energy announced it had agreed to purchase a 70% interest from Afrimines Resources in a group of nine tenements covering 1,800 square kilometres (690 sq mi) in the Maniema Province. The tenements are in the same geological zone as Banro Corporation's gold mines.[3] In April 2011 Regal Resources of Australia announced that it had acquired a 70% interest from Afrimines in a 3,650 square kilometres (1,410 sq mi) group of gold-bearing properties in South Kivu. The properties were located between two gold discoveries by Banro Corporation.[4] The properties had extensive alluvial workings by artisanal miners.[5]
References
- ^ "Afrimines". Business Directory. Retrieved 2011-11-14.
- ^ "Tiger Resources Secures Interest in Additional Highly Prospective Copper Exploration Tenements in the DRC" (PDF). Tiger Resources. 6 May 2008. Retrieved 2011-11-14.
- ^ "Maniema Gold and Tin Project". Erongo Energy. Archived from the original on 2012-04-25. Retrieved 2011-11-14.
- ^ "Regal Resources announces acquisition of highly prospective gold project in the Democratic Republic of Congo". Regal Resources. Apr 27, 2011. Retrieved 2011-11-14.
- ^ "Agreement to acquire highly prospective gold project in the Democratic Republic of Congo". Regal Resources. Dec 21, 2010. Archived from the original on March 12, 2011. Retrieved 2011-11-14.