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Osen Mining

7 Livingstone Road,Queens town,Eastern Cape,South Africa South Africa

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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. 

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Related Products Osen Mining

Basic Information

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 Information

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

Other Information

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 Us

Contact Person

Mr. Michael

Company

Osen Mining

Address

7 Livingstone Road, Queens town, Eastern Cape, South Africa

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