/ 6 August 2001

SA GROUP GETS ZINC RIGHTS IN BURKINA FASO

SOUTH Africa’s Metorex group has been granted mining rights in Burkina Faso’s Perkoa region, where one of the world’s biggest zinc reserves is located, a government statement said Friday. Minister of Mines Kader Cisse said the group would be allowed mining rights for 15 years, with annual production pegged at 120_000 tons. The project entails an investment of $48,3-million. Perkoa is located 120km west of the Burkina capital Ouagadougou. Cisse said the new venture would create 300 jobs and lead to the indirect employment of about 1_000 others. – AFP