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Genmin secures 20-year iron ore mining permit in Gabon

11 Jan 2024 14:29 reported by Yolanda Wang

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Genmin Limited is an iron ore producer listed on the Australian Securities Exchange. Genmin's Baniaka is an iron ore center in Gabon with a strategic location and abundant resources.

Genmin has currently obtained a 20-year mining permit for its wholly-owned Banyaka iron ore project in Gabon, Central and West Africa. The permit was granted through a presidential decree signed by the President of Gabon. Genmin is expected to finalize project construction funds and promote project construction within the next six months, driven by the new Gabonese government.

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