22.7 C
Johannesburg
Friday, November 8, 2024

QGC partners with Marula Mining to develop and mine 3 major future metals projects

Must read

QGC partners with Marula Mining to develop and mine 3 major future metals projects

QGC sharpens its focus on sustainability as they partner with Marula Mining.

Signing on as a majority shareholder and major investor QGC is set to transform the African-focused mining and development company and fast-track its progress.

“With over 19 years mining experience, I think I can add a lot of value to the company. I have developed over 47 projects to the mining stage, have run two large scale mining companies and currently have 9 mines under my management. QGC has the network to open international partners for sales and marketing and we intend to fund the company and bolster the value of the assets within a short period of time. We want to make sure this is a company that we can all look to for massive growth and future profits. After careful due diligence and geology, we believe Marula Mining is a big play and we intend to throw a lot of our time and efforts to get it there during this year” says mining magnate, Quinton van der burgh.

“With Quinton, we can now go full throttle and realize the assets we have.” says Marula Mining CEO Jason Brewer.

Marula Mining is a battery metals investment and exploration company and has interests in several high-value mine projects in Africa; Blesberg Lithium and Tantalum Mine in South Africa, Nkombwa Hill Project in Zambia and Kinusi Copper mine in Tanzania.

“Lithium is one of the most sought-after commodities for the electric vehicles sector, for lithium-ion batteries and you have trading prices at an all-time high”, said Brewer.

“Renewables are a very exciting space to be moving into and it’s through joint ventures that QGC is able to do so, at the same time expanding our commodities portfolio”, says Quinton van der Burgh, Q Global Commodities CEO

Marula Mining is now delivering its first shipment of high-grade run-of-mine (RoM) lithium ore at its Blesberg lithium and tantalum mine in the Northern Cape. The first shipment falls under a $ 5 million Lithium prepayment facility to a South African subsidiary of global commodity group Traxys.

Marula’s shares are quoted on the AQUIS Stock Exchange (AQSE) and they are exploring opportunities to dual list on the London Stock Exchange’s AIM Market and Kenya’s Nairobi Securities Exchange.

Marula aims at identifying and investing in advanced and high-value mining projects throughout East, Central and Southern Africa that can deliver rapidly for its shareholders and can be taken through to production and generate positive returns for all stakeholders.

“Our Board and management team aims to establish Marula as a socially and environmentally responsible, sustainable, and profitable producer of critical metals and commodities that are of increasingly strategic importance to modern technologies and the global economy,” said Brewer.

This is echoed by QGC, a company that historically places great emphasis on the principle of sustainability of the environment as it encompasses the assumption of intergenerational equity.

About Marula Mining

Marula Mining PLC (AQSE:MARU) is a London stock exchange listed and African focused mining and exploration investment company. The executive management team have over 30 years of global financial markets experience gained with some of the world’s most established financial institutions and global investment banks.
The company aims at identifying and investing in advanced and high-value mining projects throughout East, Central and Southern Africa that can deliver rapidly for its shareholders and can be taken through to production and generate positive returns for all stakeholders.
Their vision is building a dynamic, growth focused mining investment company holding investments in a broad range of producing mining projects exporting high value commodities such as lithium, tantalum, graphite, cobalt, rare earths, copper, nickel to the international markets.

About Q Global Commodities

QGC has established itself as one of South Africa’s leading independent commodity, logistics and investment houses. Through equitable partnerships and acquisitions, Q Global Commodities has expanded its operations by acquiring strategic resources to supplement its current operations while developing new ones.
The well-being of our communities surrounding our mines is always of paramount importance to us, we make sure to upskill our community members and provide better infrastructure such as access to clean drinking water in their communities. Hence compliance with applicable legislation is a top priority in all areas of QGC operations in its efforts to minimise its mine’s impact on life and the environment.

- Advertisement -

More articles

- Advertisement -

Latest article