Cominco Resources

Cominco Resources is a private company which is developing the US$2billion Hinda <a href="/facts/Phosphate/FDGVCxUG">phosphate</a> project located in The <a href="/facts/Republic_of_the_Congo/kNLEWqhl">Republic of the Congo</a>. Through its subsidiary it owns 100% of the <a href="/facts/Hinda%2c_Republic_of_the_Congo/zCCM3MC5">Hinda</a> Phosphate Project, which comprises the Hinda Permit (granted in December 2009), and the Kolatchikanou Permit (granted in June 2011). The Hinda project is the world's largest undeveloped phosphate deposit with a <a href="/facts/Mineral_resource_classification/jdUENV9f">JORC</a> Mineral Resource of 678 Mt and a Minable Ore Reserve of 405 Mt, sufficient for over 24 years of production. Cominco Resources was merged with Kropz in December 2018 and listed on the AIM market.
Cominco owns 100% of the Hinda and Kolatchikanou phosphate exploration licences covering 1,663 km2 of ROC's coastal basin, upon which Cominco discovered and delineated a large <a href="/facts/Graben/EVEUSIHh">graben</a> hosted, marine sedimentary phosphate deposit between 300 m and 800 m wide, running roughly parallel to the Atlantic coast. The deposit is relatively homogeneous and thick and has a very low <a href="/facts/Stripping_ratio/q2CTT72E">overburden to Ore</a> ratio (1.5 m3:t). The Orebody is one of few that can be open pit mined, by free digging with no requirement for ripping or blasting.
On 7 December 2015, The Ministry of Mines and Geology granted Cominco an Exploitation (Mining) Licence for phosphate covering an area of 263 km2.
The company's African operations are located at Rond-Point d'Avoum, Centre-Ville in <a href="/facts/Pointe-Noire/15zr44wC">Pointe Noire</a>.

Cominco Resources open-in-new

Cominco Resources