MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.

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MagIndustries Corp

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Post by deliceon May 22, 2013 12:45pm

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Post# 21427047

Un other competitor: Mines: the Society of potash

MinesBulletin
Wednesday, May 22, 2013at10:30:00
db56616
(Congo-Brazzaville)

Mines: theSociety ofpotashminesandgeta business license

An agreement onminingoperationsworkwassigned on 22May inBrazzavillebetween theminister,PierreOba,and the Director Generalof the League ofpotashand mining(SPM), Edward HammondRiversMarlow

"It remains todeliverthe material on thesite,after whichwe will carry outpreliminary work.These willbe toopen up avenuesand installthe database beforethe official launchof drilling. After that,I will seekthe expertise of consultantsto help usmakethe recognitionof the entire area, "said theCEO ofSPM, indicating that the companywas already inthe process of analyzingthedata that would allowthe implementationthe project.

The Minister of Minesand Geology, for his part,saidthat before grantingthe permit, investigations were conductedto determine thefinancial and technical capacityof the company."Sincewealready know, through this signatureis a symbolicgesture, we give you the right tocontinue thework,"he said.

The work will takethree years toan estimatednearly1,558billion FCFAoverall cost.The catchment area forthis research is thedistrictMadingou-Kayes inKouilou. TheSPMwill undertakeinthe coming months, seismic and environmental studies.

Regardingsocial policy,SPMplans to buildschools and clinicsand create jobsfor young people,including indigenouspeoples.

SPMworked withZimbabwe, Tanzania, Ethiopia and the Democratic Republic ofCongoin thisfield.Congolese company, is affiliated withAfricanPotash, the parent company.