CANADIAN FIRM GIVES UK FINANCIER KEY ROLE IN AFGHAN IRON ORE MINING CONCESSION
November 1st, 2011
BY LEAH GERMAN
DESPITE this week being awarded the mining rights for a major iron ore deposit in Afghanistan, Canadian company Kilo Goldmines Ltd has announced that it will step down as leaders on this project but retain a 20% interest in the venture. The news follows Monday's announcement from the Afghan Ministry of Mines that mining rights for the Hajigak iron ore concessions have been granted for development. Speaking last night to Metal Bulletin, Kilo Goldmines president and CEO Alex van Hoeken said management of the concession to block 'A' at Hajigak would ...
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