Genmin Ltd
Genmin Limited is an iron ore producer with a pipeline of projects in the Republic of Gabon, west Central Africa.
The business
Genmin Limited is an iron ore producer with a pipeline of projects in the Republic of Gabon, west Central Africa. It has 100% interest in three projects comprising over one exploitation (mining) license and four granted exploration licences covering approximately 4,469 square kilometers (km2). Its flagship project is Baniaka, and nearby Bakoumba iron ore projects are in south-east Gabon and provide an emerging iron ore hub near the Haut-Ogooue provincial capital city of Franceville. The Baniaka Hub is part of the Magnima Greenstone Belt, prospective for iron and precious metals, in the Chaillu Massif basement. Bakoumba is an advanced exploration project with drill targets, which comprises the Bakoumba and Mafoungui exploration licenses. It has additional exploration tenure prospective for polymetallic mineralization at its Bitam project in the north-west of Gabon, near the Woleu-Ntem provincial capital of Oyem. The Bitam project comprises the Bitam and Ntem exploration licenses.
Small Caps Research
No research on Genmin Ltd yet
We cover the ASX small-cap market one company at a time. Request coverage and we’ll prioritise GEN based on demand.
Share price
Market Statistics
Valuation
Trading Activity
Performance
Latest news
Genmin Gains Chinese Cornerstone backing for Baniaka Iron Ore Project in Gabon
Genmin (ASX: GEN) has received a letter of intent that will see Sino-Hunan International Engineering and Development become a major participant and offtake partner in the development of the company’s Baniaka iron ore project in Gabon.
Genmin de-risks Baniaka with 15-year rail and port agreement
Genmin (ASX: GEN) has locked-in more critical infrastructure for its Baniaka iron ore project in west Africa with the inking a 15-year integrated rail and port agreement. The long-term agreement was secured with Owendo Mineral Port, which will provide Genmin with rail and port services to enable transport of ore from the proposed Baniaka mine […]
Genmin signs non-binding deals with Chinese customers for Baniaka iron ore offtake
African iron ore explorer and developer Genmin (ASX: GEN) has secured two non-binding agreements to sell and deliver fines and lump product from the Baniaka iron ore project in the Republic of Gabon to customers in China. The company has signed deals with China Minmetals Corporation and Changzhou Dongfang Special Steel for a total of 3 million […]
Genmin locks in long-term power agreement for Baniaka iron ore development
Iron ore explorer and developer Genmin (ASX: GEN) has signed a long-term purchase agreement with a state-owned power utility in Gabon for the supply of renewable hydroelectricity to its wholly-owned Baniaka project in central Africa. The 20-year agreement with Société de Patrimoine du Service Public de l’Eau Potable, de l’Énergie Électrique et de l’Assainissement (or […]
Looking for charts & signals? See the tab.
Unlock the full research library - free.
Create a free account to access every broker report, CEO interview, IPO alert, and daily market wrap. No credit card. No paywall.