MINING INDABA 2013: Koncar’s Burundi nickel project gets approval to build hydropower plant
Kermas company Burundi Mining Metallurgy (BMM) has received a concession to start building a hydropower plant that will provide electricity to its planned Musongati nickel project, Danko Koncar, who owns Kermas and BMM, told Metal Bulletin on Tuesday February 5.
The Burundi government is yet to formally grant BMM the mining licence to start construction of the nickel plant, but the company has approval to start construction of its 75kW power plant. “We are already working on the ground, choosing the site for construction,” he said on the sidelines of Mining Indaba in Cape Town. “Of course, if the project only comes online at a later stage...