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Gemlights Enterprises Int
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Gem light Enterprises International is in partnership with Society Minieres de Tanganyika and also in conjunction with Likasi Co-Operative which is the leading minerals producer in the Democratic Republic of Congo (DRC) in central Africa, with a strong production profile, a proven development record and experienced management.
The Company currently produces copper Cathode, Gold, Tantalize, Uncut Diamond, Zinc, Uranium and silver concentrate from the high-grade Dikulushi mine and copper and gold concentrates from the Kulu copper tailings retreatment operation and the new Kinsevere mine, which was commissioned mid-2007. In addition, the Company is currently expanding Kinsevere with the construction of a 60,000 tonnes of copper per annum SX-EX copper processing plant at an estimated capital expenditure of $380 million in order to undertake more downstream processing and add value to the Company's products.
Gem lights Enterprises International is committed to improving shareholder returns through the responsible and profitable growth of its core Minerals business. It will accomplish this by optimizing copper, gold etc. Production from its current pipeline of mines and projects through multiple expansion phases. The Company's medium-term objective is to become a mid-tier copper miner, producing in excess of 100,000 tonnes of copper per year, with a considerable proportion in the form of cathode copper. In 2007, Gem lights Enterprises International employed approximately 2,550 people and had sales revenue of $263 million.
Gem light Enterprises International with its Partner Society Minieres de Tanganyika common shares are listed on the International Stock Exchange and the (ticker symbol: STM for both exchanges). Society Minieres de Tanganyika is part of the S&P/TXX Global Mining Index.
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Business Type :
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Trading Company
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Main Markets :
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Asia, Australia, North America, South America
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Annual Sales :
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US$1 Million - US$2.5 Million
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Monthly Capacity :
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5,000MT
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Sizes / Dimensions: 914mm X 914mm X 12mm (36” X 36” X 0.5”) Weight of Each Sheet: 125Kgs Weight of Each Pallet: 2MT Weight in Each Container:
more details...
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Specification : Fineness = Estimated at 22 KT Assay = Typical Assay of Gold
more details...
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Fred Kalusha
Plot 1098 Mbezi Beach
Dar es Salaam
Dar es Salaam
Tanzania
Phone: 255-786642-013
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