Business / Companies
Meikles expects one mine to be operational in 2014
24 Jun 2013 at 08:41hrs | Views
Meikles Limited expects at least one mine to be operational in 2014 following the formation of Meikles Centar Mining. The company will explore opportunities in gold, tantalite and iron ore.
This company will be controlled by Meikles to ensure that the entity is compliant with the Zimbabwe Indigenisation and Empowerment laws.
In a notice to shareholders, the group said Centar is a mining company founded by Ian Hannam and Jan Kulczyk and supported by a number of prominent and highly experienced investors from countries including Thailand, Indonesia, Poland, Kazakhstan and elsewhere.
It was founded initially to develop mining assets in Afghanistan in partnership with a highly respected Afghan businessman. It is leading the way in the development of that country's mining industry as it emerges from years of conflict, using foreign and Afghan capital, foreign technical experts and Afghan staff. Its Afghan businesses employ over 500 local staff, supported on the ground at any one time by 15 ex-pat technical experts - the majority of whom are Zimbabwean nationals.
These businesses include Afghanistan's only Drilling and Exploration Services Company and Afghanistan's only Mineral Assay laboratory. It also includes an exploration company that is now exploring a gold prospect in the north of the country as well as being short-listed in a government tender as the preferred candidate to explore and develop two copper exploration licenses, and a Joint Venture with a Turkish Mining Company that has itself been short-listed to develop 4 more gold exploration licenses there.
Centar has a carefully selected in-house technical team, with years of experience in exploration and mining of most minerals in many different countries in the world.
The group said this includes the requisite experience to develop projects at every stage of the mining life cycle, and in all environments. It is also a proven leader in drawing upon or building local capacity and skills as a core part of its method of operation. They are also supported by an experienced finance and commercial team with a long and successful track record of financing worldwide mining projects of every scale.
This company will be controlled by Meikles to ensure that the entity is compliant with the Zimbabwe Indigenisation and Empowerment laws.
In a notice to shareholders, the group said Centar is a mining company founded by Ian Hannam and Jan Kulczyk and supported by a number of prominent and highly experienced investors from countries including Thailand, Indonesia, Poland, Kazakhstan and elsewhere.
These businesses include Afghanistan's only Drilling and Exploration Services Company and Afghanistan's only Mineral Assay laboratory. It also includes an exploration company that is now exploring a gold prospect in the north of the country as well as being short-listed in a government tender as the preferred candidate to explore and develop two copper exploration licenses, and a Joint Venture with a Turkish Mining Company that has itself been short-listed to develop 4 more gold exploration licenses there.
Centar has a carefully selected in-house technical team, with years of experience in exploration and mining of most minerals in many different countries in the world.
The group said this includes the requisite experience to develop projects at every stage of the mining life cycle, and in all environments. It is also a proven leader in drawing upon or building local capacity and skills as a core part of its method of operation. They are also supported by an experienced finance and commercial team with a long and successful track record of financing worldwide mining projects of every scale.
Source - finx
