7 Livingstone Road,Queens town,Eastern Cape,South Africa South Africa
Olsen Mining is a gold producer and explorer, with a large land position in the prolific State mining region in Southern Africa. Olsen's corporate strategy is to become a mid-tier (>**0,**0 oz Au/yr), low cost gold producer in the near term. The Company operates the Choco *0 mine (formerly operated by Goldfields) and the Witwatersrand Mine which are located the Witwatersrand district in south-eastern Johannesburg. Olsen completed a Feasibility Study for a significant production expansion at the Choco *0 Mine and Mill in Q4 ***1. The Company received very favorable economics in the Feasibility Study with a base case NPV (7) of US$1.*6 billion and an IRR of *0% (pre-tax). he Feasibility Study and ultimately the expansion plans includes the Increible 6 deposit located 6km from the Choco *0. Additionally the Company will continue to advance the San Rafael/El Placer(SREP) project toward future inclusion into the Company's production profile. The Company has recently received a positive pre-Feasibility study for SREP and has completed a 1.5km access ramp to the main mineralized zones of the deposit.
Business Type
Distributors/Wholesalers
Website
http://www.osen-miningcomp.com
Year Established
2011
Number of Employees
100+
Main Markets
Worldwide
Products / Services
gold, silver, rough uncut diamond for sale
Factory Location
N/A
Factory Size
N/A
No. of Production Lines
0
Total Annual Purchase Volume
N/A
No. of R&D Staff
N/A
Quality Control
N/A
Certificates
N/A
Contract Manufacturing
N/A
Registered Capital
N/A
Ownership Type
Corporation Limited Liability Company
Legal Representative / CEO
N/A
Export Percentage
N/A
Total Annual Sales Volume
N/A
No. of QC Staff
N/A
Contact Person
Mr. Michael
Company
Osen Mining
Address
7 Livingstone Road, Queens town, Eastern Cape, South Africa
Contact Person Mr. Michael
Address 7 Livingstone Road, Queens town, Eastern Cape, South Africa