(外媒)BRC DiamondCore宣布就共同开发位刚果铁矿资源与力拓达成合资协议

2010-01-29 10:08 来源: 我的钢铁 查看历史数据

概述:BRCDiamondCore有限公司宣布已经就共同开发位于刚果民主主义共和国Orientale省的铁矿石资源与力拓矿产开发有限公司达成合资协议。开发区域面积约为4550平方千亩,覆盖区域的钻石和铁矿石开采权为BRCDiamondCore所拥有。合资协议的形式为股东协议,BRCDiamondCore占股本的25%,RioTinto占75%。BRC保有钻石的权利。RioTinto会出资完成所有铁矿石的开采和可行性研究。可行性研究完成后,两家公司共同按照股本比例投资项目。

原文:

BRC DiamondCore Ltd. ("BRC" or the "Company") (TSX - BCD; JSE - BCD | Quote | Chart | News | PowerRating) is pleased to announce that the Company has entered into an agreement (the "JV Agreement") with Rio Tinto Minerals Development Limited ("Rio Tinto") for the exploration for iron ore in areas within the Province Orientale, Democratic Republic of the Congo (the "DRC"). These areas total approximately 4,550 square kilometres and are covered by exploration permits (the "Permits") in which the diamond and iron ore rights had been controlled by the Company. Under the JV Agreement, which is in the form of a shareholders' agreement, the Company will own 25% of the share capital of the joint venture company which holds the Permits, with Rio Tinto owning 75% of the share capital. This structure is expected to implemented by the end of February 2010. BRC has retained the diamond rights.

Under the JV Agreement, all iron ore exploration up to and including the completion of any feasibility study will be funded by Rio Tinto. The Company will not suffer any dilution during this period, such that the Company's 25% interest in the properties will be maintained during this period. The exploration will be carried out by Rio Tinto (or one of its affiliates) as operator. After the completion of any feasibility study, funding for the project is to be provided by Rio Tinto and BRC pro rata based on their respective interests in the joint venture company.

Initial geological research and exploration indicates that the Permit areas, which are largely unexplored using modern exploration methods, are highly prospective for the discovery of iron ore deposits. As part of the 2010 exploration program, Rio Tinto plans to undertake a reconnaissance drill program over the Permit areas.

Commenting on the JV Agreement, Dr. Mike de Wit, President of BRC, said: "This strengthens the existing relationship between the two companies. We are very pleased to have Rio Tinto as our partner in the DRC for both our diamond and now iron ore exploration programs and that these programs are well funded through the Rio Tinto/BRC joint ventures." (Trading Markets)



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