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African Metals Corporation · Surrey, BC Canada ·(TSX Venture: AFR)

Company Description

16055 Fraser Hwy. Ste. 205
Surrey, BC
V4N 0-G2
Canada (Map)
Phone: +1-604-507-2181
Fax: +1-604-507-2187
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    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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    Key African Metals Corporation Financials

    Company TypePublic - TSX Venture: AFR

    Single Location
    Fiscal Year-EndMay
    2001 Sales (mil.)$0.0
    Employees2

    African Metals Corporation Executives

    3 executives listed for African Metals Corporation's Surrey, BC location.
    TitleName & BioContact
    President, CEO, and DirectorKlaus EckhofNetwork
    Corporate SecretaryJames HarrisNetwork
    DirectorMichael BoltonNetwork

    Competition

    Competitive Landscape for African Metals Corporation
    Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.
    Top African Metals Corporation Competitors
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