African Metals Company Description
African Metals Corporation is based in Canada but does its business in Mali and the Democratic Republic of the Congo. The company explores and develops gold and diamond concessions in Mali. Its diamond operation is a joint venture with Nevsun Resources. African Metals also holds an 80% interest in eight properties in the Katanga copper belt in the Democratic Republic of the Congo. In 2007 the company began studying the Lokoro Basin in the DRC to assess its oil and gas potential.
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The Company Description provides a historical perspective of African Metals's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of African Metals's evolution in the marketplace.
