Mining nickel from greenfield mines and utilising wholly-owned logistics and port infrastructure to export from West Africa to global markets.
Compagnie Miniere Du Bafing’s (“CMB”) operations are located in Ivory Coast, which is rapidly developing as one of Africa’s leading mining jurisdictions. CMB today operates the Foungouesso and Moyango opencast mines and has built an integrated mining and logistics operation working in partnership with the Government of Ivory Coast. CMB works to maintain very close and constructive relationships with all the stakeholders in its areas of operations.
The Republic of Ivory Coast holds a free carry 10% share in the operations whilst SODEMI, the state mining company holds a 5% free carry shareholding. The Company provides employment for close to 1,000 people (employees and contractors) at its operations.
The nickel deposits in Ivory Coast are amongst the largest and richest nickel laterite deposits in the world and have been known for almost 50 years but no company before CMB managed to develop them.
