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Thursday, July 12, 2012 10:37:25 AM
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Key Capital Corporation (KCPC.PK) is pleased to advise that in association with Amatimba Technology and Genap Consulting the Company has commenced the investigation of a number of significant mine financing opportunities in Africa.
This strategic consulting collaboration brings together logistic, geological, corporate and financing strengths throughout Africa providing for secure project generated power and communications supply and technology, security and access control together with geological, geotechnical and project funding capability.
A potential funding candidate currently being investigated and negotiated is a major Copper, Cobalt, Nickel property in Zambia with substantial Gold credits. The property is located within the well-known Zambia copper district that has witnessed the emergence and growth of a number of major mining operations including: the massive Equinox Lumwana mine (Equinox was taken over last year by Barrick Gold for $7.8 billion) and First Quantum's Kalumbila property (First Quantum has seen its share price rise over 3,600% over the past 10 years).
Subject to proceeding, the consulting arrangements with Amatimba Technology and Genap Consulting will assure key infrastructural planning and geological and engineering input, whilst Key Capital will provide corporate support to the project as well as project funding in return for an interest in the production of the project for the life of the mine.
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http://ih.advfn.com/p.php?pid=nmona&article=53444511&symbol=KCPC
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