Numerous mining companies have tried their hands in Africa’s untapped mineral resources, but none have come close enough to ensuring that the people themselves are beneficiaries of the rich assets the continent has to offer, like African Minerals has done. African Minerals’ excellent management has been spearheaded by a man whose passion for Africa’s economic success can only be matched by his philanthropic efforts to make poverty history in communities across Sub-Saharan Africa.
After building the biggest mining project in West Africa: African Minerals in Sierra Leone, with over $3 billion investment; and Pan-African Minerals in Bukina Faso, with billions of dollars in investment, African Petroleum in Senegal, Gambia, Ivory Coast and SIERRA lEONE, Frank Timis, the Emperor of West African mining resources, has just signed an agreement securing four mining exploration permits in the Republic of Niger.WHICH HOLDS THE LARGEST URANIUM DEPOSITS IN THE WORLD. The Pan-African Niger CompanyLtd signed the agreement with the West African State to search for uranium and related substances on the perimeter allowed: Ouricha 1 and 2, and Tegmert 1 and 2 in the Agadez region.
At the signing ceremony, the country’s Minister of Mines and Industrial Development, Mr. Omar Hamidou Tchiana, said the Pan-African Minerals Ltd. group is a global reference entity and has the capacity to invest, and it is these strengths that has helped secure these permits. The minister noted that the group is involved in some African countries where it has achieved compelling success, including Sierra Leone, Burkina Faso and Côte d’Ivoire. The agreement, he said, is also the result of the visit of the Niger president, Mahamadou Issoufou, to London where he took part in an investor forum in which he invited potential investors to his country. This agreement will ensure the creation of jobs, and the training of state officials.
The company is also set to finance social infrastructures with the construction of amenities in and around its areas of operation. The company has also committed to invest a minimum amount of $20 million to highlight targets and carry out any necessary work to develop these targets and prove existence of uranium deposits and related substances during the next three years. Frank Timis, the Chairman of Pan-African Minerals Ltd, has reportedly spent over $4 billion in Africa, with over 15,000 employees across West Africa.
Speaking after the signing ceremony, Frank Timis said that with these four exploration licenses, the company will create more jobs to benefit the people of Niger, and thereby boost the country’s economy. Timis then went on to say that Niger has enormous potential and the people have a right to enjoy these natural resources.
As a successful business manager, and a model of strong achievement in the African Mining sector, Frank Timis has attracted enormous international interest from Foreign Investors. His company has received over $400 million of investment from CRM (China Railway Materials), and an additional $1.5billion from Shandong, another major Chinese company. With a strong drive to produce outstanding results, Timis’ success has been unrivaled in the mining sector. Just recently, Tianjin Materials and Equipment Group Corporation ( TAWOO), expressed confidence in African Minerals with an investment of $1. Billion into the company.
By developing a strong and confident relationship with African governments, at the core of which is mutual trust and respect, Timis has been able to carve a business atmosphere of security by assuring maximum benefits to would-be investors. This has proven very attractive to major investment entities. The African Minerals Chairman’s hands-on approach to doing business has helped secure an extremely strong and influential base within the mining sector. African governments see Timis as a safe pair of hands they can do business with because of his vast experience and understanding of the region and his commitment to a high standard of work ethics and community development.
Frank Timis brings to the mining world a generous appetite to give back to African communities that have played host to his remarkable group of companies with an unprecedented development agenda: from constructing schools and health centers, to building rail links and youth empowerment through employment and learning projects.
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