RE: Summary26 Mar 2024 07:53
Auxin Mining Services Mali SARL is a subsidiary of Beijing Auxin Chemical Technology Ltd, which is in turn, a subsidiary controlled by China North Industries Corporation (NORINCO). Auxin is active in West Africa in the areas of explosives manufacture and distribution, and contract mining services. Auxin have existing contract mining operations at projects in Namibia, Nigeria and Zimbabwe.
EGTF is a fully owned Malian company and is well established in the fields of earthworks, civils and contract mining in West Africa. EGTF has worked with numerous mining companies in West Africa, including Randgold/Barrick (Morila and Loulo) and AngloGold Ashanti (Siguri).
I also think it’s great to have a Malian company on board utilising a local workforce.