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ALBIDON LIMITED - ASX: ALB
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Description
Albidon is an Africa-focused exploration and development company with an emphasis on nickel. The Company has spent the past seven years building a large portfolio of nickel sulphide projects ranging from production stage to grass roots exploration.
In the past year Albidon has largely completed the transformation from junior explorer to nickel mining company. The company is now part of the ranks of an exclusive group, an independent producer of high quality nickel concentrates from a new greenfields mining project.
# Munali Nickel Project, Zambia - construction has commenced on this Ni-Cu-Co-PGM project which achieved first production of concentrates in mid 2008. This is one of only a handful of new nickel sulphide mining projects worldwide.
# Selebi-Phikwe Nickel Project, Botswana - exploration is under way over numerous nickel-copper occurrences in prospective yet under-explored geology to the south of Africa’s premier nickel mining district of Selebi-Phikwe.
# Songea Nickel and Luwumbu Platinum Joint Ventures, Tanzania - JV partners BHP Billiton (Songea) and Goldstream/Lonmin (Luwumbu) are funding aggressive exploration programs in this emerging mineral province.
# Nefza Zinc Project, Tunisia – comprising district-scale exploration opportunities in mineralised regions the Directors believe to have good potential, yet receiving only minimal previous exploration. Albidon’s portfolio provides a pipeline of nickel and other metal exploration properties at different stages of advancement and the Company is now seeking to raise funds to advance these projects.
# Joint Ventures - Uranium Projects
Mine For
nickel, copper
Location of operation(s)
Zambia, Tanzania
Address
Level 1 8 Colin Street
WEST PERTH, WA, AUSTRALIA
Phone
+61 8 9211 4600
Website
Last Updated
25/04/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
