DIAMOND MINING IN NIGER
CFG, under the terms of its exclusive Partnership with the Government of Niger is currently in “on going negotiations” with a designated Ad Hoc Committee specifically set up to pin point certain concessions the Government would particularly like to develop through the offices of CFGNiger. Once the concessions have been selected, CFG will be actively looking for Investors/Joint venture Partners to develop the concessions. Other routes to fund the exploration of the concessions are also being considered including public offerings and the formation of private individual/institutions funding vehicles or funds.
Niger’s coloured gemstone potential is about to be assessed by Canadian Consolidated Pacific Bay Resources who have secured prospecting rights that covering 20 000 km2. Areas include the Air Massif region in the north, Liptako region in the west and the Damagaram-Mounio, Zinder and Maradi areas in the south.
Please contact us for further information.