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AXMIN
1111 Alberni Street, Suite 2209 , Vancouver, British Columbia, Canada

Memberships : NA
Industry : Gold
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Basic Member
Since Mar, 2020
About Company

AXMIN is a Canadian-based gold exploration company with projects in the Central African Republic (“CAR”), and a royalty agreement with Teranga Gold in Senegal. The royalty income from the Gora deposit in Senegal has allowed the company to become both profitable and cash flow positive during recent years due to managements’ actions to reduce costs and improve the Company’s balance sheet.

The main focus of Axmin at this time is to develop the Passendro Gold Project in the CAR as soon as the security situation in country allows it. While the situation remains difficult, the management of Axmin is starting to see positive developments in the CAR. The Company believes that the duly elected government working with MINUSCA will in time bring stability to the country and specifically to the region around Ndassima where the main asset is located. Management remains in close communication with the senior ministers and officials of the government both in Bangui and locally in Bambari and look forward to the time when the Company may reclaim the site to become operational again.

Contact Detials

Registered Office

One First Canadian Place Suite 3400, Box 130 Toronto, Ontario M5X 1A4 Canada

Company NameAXMIN
Business CategoryGold
Address1111 Alberni Street, Suite 2209
Vancouver
British Columbia
Canada
ZIP: V6E 4V2
PresidentNA
Year Established2001
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Gold Exploration & Production
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