Kansese Cobalt Company Limited
Sector: Government • Location: Uganda
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued two guarantee contracts totaling $49.4 million in coverage to Banff Resources Ltd. of Canada and LaSource SAS of France for their investments in a cobalt processing project. MIGA coverage is issued against the risks of expropriation and war and civil disturbance. The project enterprise is an expansion of an earlier project in which MIGA guaranteed Barclays Metals Ltd. of Britain and S
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA issued two guarantee contracts totaling $49.4 million in coverage to Banff Resources Ltd. of Canada and LaSource SAS of France for their investments in a cobalt processing project. MIGA coverage is issued against the risks of expropriation and war and civil disturbance. The project enterprise is an expansion of an earlier project in which MIGA guaranteed Barclays Metals Ltd. of Britain and SEREM of France in fiscal 1993 and 1996. The plant produces cobalt cathode from concentrate. The additional investment will generate increased exports as well as taxes and dividends for the government. It will also benefit downstream businesses such as local hotels, engineering and contracting firms, and fuel suppliers. The project will improve local infrastructure, help eliminate an environmental hazard caused by stockpile seepage, and use the environmentally safe "bioleaching" process for producing cobalt cathodes. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
