Africo Resources Wins Mines and Money Award
VANCOUVER, Dec. 11 /CNW/ - At London's Mines and Money Awards Dinner on
December 3rd, Africo Resources Ltd. was recognized for its outstanding and
innovative community service in the Katanga Copperbelt, where the company's
major project is located. Ms. Sauda Kilumanga, Community Relations manager,
accepted the award for Africo's Wheelchairs for Kids program.
Physical disability in a developing country with scant economic resources
places a terrible burden on both its victims and their families. Africo's
Wheelchairs for Kids distribution now covers much of southern Democratic
Republic of the Congo, with 328 wheelchairs distributed this year. The
wheelchairs are donated by the Australian-based volunteer project Wheelchairs
for Kids inc., which makes specially designed, rugged wheelchairs for
distribution to poor disabled children in over 50 developing countries. Since
acquiring the Kalukundi concession, a copper/cobalt joint venture with
state-owned Gecamines (25%) in 2004, Africo's OHS and Community Relations
departments have developed a close, dynamic relationship with area
communities. Together they have brought potable water to the closest village;
provided malaria nets, inoculation and de-worming programs for local employees
and villagers; built and subsidized a school that has grown from 74 to 420
students and 8 teachers; established a producing market garden, and more.
During the Gala Dinner, Ms. Kilumanga and CEO Tony Harwood agreed that
Wheelchairs for Kids has given Africo some of its most satisfying moments. At
the dedication in Kinshasa this September, representatives of the Mayor and
the Ministry of Humanitarian Affairs expressed their intention to partner with
Africo in future social upliftment projects. A Memo of Understanding was
signed with the Ministry of Social Affairs in Kinshasa in October 2007, the
first such partnership with a mining company in the Katanga Province.
Africo Resources Ltd. (TSX:ARL) explores for and develops base metal and
gold assets in Africa. Current projects are Kalukundi, a greenfields
development-stage copper-cobalt deposit in the DRC, and Mporokoso, located in
northern Zambia, also greenfields and prospective for gold, copper and nickel.
Africo is Vancouver-based, with an office in Lubumbashi, DRC.
%SEDAR: 00024685E
For further information: please visit africoresources.com or call Diana
Snyder, Investor Relations, (305) 669-6873
.
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Africo Resources
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EXPLORATION STAGE |
CODE : ARL.TO |
ISIN : CA0082911060 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Africo Res. is a copper and cobalt exploration company based in Canada. Africo Res. holds various exploration projects in Congo Rep. of the. Its main exploration properties are MPOROKOSO in Zambia and KALUKUNDI in Congo Rep. of the. Africo Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 74.9 millions as of today (US$ 57.0 millions, € 51.4 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 4.75, and its lowest recent point on July 31, 2015 at CA$ 0.30. Africo Res. has 71 313 127 shares outstanding. |