Company News: Sovereign Mines Of Africa
Updated: 26 Jan 2012
A junior resource company focused on unlocking the vast mineral resource potential of the African continent in partnership with African governments.
The Opportunity
Africa is recognised as being the repository of huge mineral resources.
Opportunities are often missed through the unwillingness to recognise the interests of local stakeholders. For example, African countries normally receive modest application fees for granting exploration licences and do not benefit from the relatively substantial stock market gains often enjoyed by successful exploration companies.
SMA's business model is to align its interests with African Governments.
- David B Pearl F.C.A.
- Chairman
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