Online: 2016-08-25 (20 D)
Monitored: 19 Days
Last Paid: 2997 days ago
Ads-Company Program Description
The mineral industry is one of the most important parts of world economy. The larges minerals industries are situated in Africa. For many African countries, mineral exploration and productions constitute significant parts of their economies and remain keys to economic growth. Africa has such minerals as bauxite, cobalt, phosphate rocks, platinum-group metals (PGM), vermiculite and zirconium. Also copper is one of the world's most important industrial minerals. Many sectors of economy need copper. And Africa is an important world producer of copper thatβs why African Development System (ADS-company) chooses this region for our company and was engaged in the development of copper deposits.
Most of copper resources accumulated in South Africa, Zambia and Democratic Republic of the Congo (Katanga Province). These 3 countries make 90% of copper. Also other African countries contribute to copper production and there are many undeveloped ore resources. Big investor such as Anglo American was forced to leave Zambia however our company as many others smaller foreign and African mining companies continue to rehabilitate such part of economy. In such case we want to invest in mining area particular in copper mines. Also from Democratic Republic of the Congo we see that copper production is going grow up.
At this moment we need to cooperate with such countries and use investors funds for developing copper mining in this area. ADS-company has some discussions with our analytics and government of main copper producer countries. And we look for cooperation to other countries such as Egypt, Zimbabwe, Morocco and Namibia.
Why ADS-company choose such way of investing?
Africaβs refined copper production increased by 40% from 2010 to 2015 and in 2015 world refined copper consumption increased to 16.8 metric tons from 16.7 in 2014. We expect rise of African copper mine production by 16% per year from 2015 till 2020. Almost half of this increase can be in Kinshasa (Democratic Republic of the Congo). Other good signal is that Central African Mining Company (CAMEC) wants to open a several new mines during the third quarter of 2016. Speaking about Zambia we must say that output will rise fast because of higher production from the Kansanshi mine and opening 2 more (Chigola and Lumwane). Also CAMEC plans to start production at the Luita plant. And in Kinshasa (Congo) which did not make any refined copper could make more than 25% of Africaβs refined copper output. As you can see many of good and attractive mines wait for us and our company has big experience in such investments.
This area has big potential and we bring fresh solutions for growing. Not only copper but also other materials invite investors from all over the world. So we need be the firs who made such nice solutions. Besides government of mining legislation and tax law seem to be broadly stabilizing. It appears that governments are making a general effort to sustain mineral policy, law and ownership laws across Africa. So our investors will be full protected with their investments and money.
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