ALPHAMIN RESOURCES
Alphamin Resources is in the process of building a mine on one of the world ’ s highest grade tin deposits , providing jobs and stability and contributing to sustainable long-term development for locals in a country that has suffered conflict for many years .
Mauritius-based mining company Alphamin Resources bought and began developing at the Bisie tin project in 2011 . The company is listed on the Toronto Stock Exchange , and its DRC project holding company has the Democratic Republic of Congo ’ s government as a 5 percent shareholder with the Industrial Development Corporation as an 11 percent shareholder ( expected to soon be 15 percent ). Alphamin is developing a mine and processing plant to mine the most developed of its resource targets , Mpama North , and Boris Kamstra , Alphamin CEO , explains its current status :
“ We completed a feasibility study last month ; we are now aiming to raise the capital required to build the mine and then start building it ,” he states . “ We want to be in production by 2018 , so my job is to get the money to do that , make sure the team on the ground is doing what it needs to do , and ensure they have what they require to succeed .”
Kamstra considers Bisie more than just a mining project : “ It ’ s in the jungles of the Walikale region , which is a region that has had a difficult recent history from which it is now emerging . The mine ’ s location is very remote , but the potential for Alphamin to materially change the region is enormous . Throughout our management team is a very strong component of wanting to be part of a project that makes a difference which
32 April 2016