Colas Rojas Mining Project in Moa
Description:
Deposit of waste generated by the Pedro Soto Alba Factory, located in the Municipality of Moa, during its entire production stage, with high content of Iron and other metals, requiring funds to conclude the feasibility studies which, if positive, would allow to negotiate the constitution of a joint venture and subsequently implement the business until the exploitation of the deposit and the obtaining of marketable products
Sector:
Mining
Activity:
Extraction of minerals from iron
Investment amount:
$ 2,500,000 USD.
Sponsor:
Ministry of Energy and Mines
National investor:
Commercial Caribbean Nickel S.A.
Investment modality:
- Risk contract for the exploitation of non-renewable natural resources
Location(s):
- Moa, Municipality Moa, State Holguín