|
|
Article: South Africa: S.Africa miner Exxaro seeks to mine nickel, copper.
- Article from:
- TendersInfo
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: shiv03
South African diversified miner Exxaro Resources plans to expand into nickel and copper mining in Africa, its Chief Executive Sipho Nkosi said on Friday.
Nkosi said Exxaro would spend its own cash and raise additional capital from banks and seek equity partners to develop projects in coal, minerals sands, nickel and copper mining and to expand its interests in the iron ore business.
"We have taken a view that if there is some opportunity on copper and nickel, we will get involved in that. We have got to go outside South Africa for iron ore, copper and nickel ...it will be within the (Africa) continent," Nkosi said.
...