Canadian company to start exploration for minerals in Burundi
According to geological research carried out in the country, Burundi holds mineral reserves of sulphide nickel, rare earth, iron, titanium, vanadium, gold, wolframite and many others. PHOTO FILE | NMG
A Canadian mining company has been awarded contracts to explore for minerals in Waga-Nyabikere and Mukanda areas in central Burundi.
CVMR Energy Minerals Inc signed an agreement with the government in Bujumbura to explore in Waga-Nyabikere, which is believed to have $30 billion worth of minerals, including nickel, iron, copper and cobalt and Mukanda. The area is estimated to have mineral reserves worth $600 million.
