NMDC Forms Joint Venture With Kopano
2018-06-30 Alliance and Joint Ventures Mining International
NMDC Limited and Kopano Logistics Services (Proprietary) Limited (BEE partner) have established a 50:50 joint venture company by the name Kopano-NMDC Minerals (Pty) Limited to undertake exploration and development of mineral properties in the Republic of South Africa.
The Board meeting of Kopano- NMDC Minerals (Pty) Limited was held on 27.06.2018 at Hyderabad. Speaking on the occasion, Dr N.K.Nanda, Director(Technical), NMDC & Deputy Chairman of the Joint Venture Company stated that with clarity appearing on the new mining law 2018 of South Africa, the Joint Venture Company is actively scouting for exploration and development of various mineral assets in South Africa.