Logo
 Logo
  • Home
  • Technologies
  • Metals
    NickelIronLithiumRare EarthCopperUranium
  • Products
    ProductsPilot plantsPowdersNano PowdersProduct Development
  • Resources
  • Other
    RecyclingGraphite/Graphene
  • News & Media
    CVMR NewsPress Releases & EventsReferences & PublicationsVideos
  • About Us
    Client ListCVMR PatentsManagement
  • Contact Us
 Logomenu_vert
  • CVMR Corporation Logo Svg
  • home Home
  • biotech Technologies
  • layersMetals
    • Nickel
    • Iron
    • Lithium
    • Rare Earth
    • Copper
    • Uranium
  • categoryProducts
    • Products
    • Pilot plants
    • Powders
    • Nano Powders
    • Product Development
  • inventory_2 Resources
  • autorenewOther
    • Recycling
    • Graphite/Graphene
  • newspaperNews & Media
    • CVMR News
    • Press Releases & Events
    • References & Publications
    • Videos
  • publicAbout Us
    • Client List
    • CVMR Patents
    • Management
  • contact_mail Contact Us
HomeCVMR NewsPress Release: By the Burundi Minister of Energy and Mines,Bujumbural, 20 November 2017

Press Release: By the Burundi Minister of Energy and Mines,Bujumbural, 20 November 2017

Author: CVMR®
Date of publication: 21.11.2017
Reading time: 4 min.
691

Press Release: By the Burundi Minister of Energy and Mines,Bujumbural, 20 November 2017

Press Release: By the Burundi Minister of Energy and Mines,Bujumbural, 20 November 2017

The Ministry of Energy and Mines of Burundi is pleased to announce the following new developments in the mining and metal refining sector of the country:

On 7 of November 2017 the Burundi Cabinet approved the applications by La Societe CVMR Energy Minerals Burundi SURL and its Canadian sister company, CVMR Energy Minerals Inc. of Toronto, Canada (CVMR®) for exploration in the following concessions: Nayabikere, Waga and Mukanda. The concessions have proven and estimated reserves of nickel, cobalt, iron, copper, PGMs, vanadium and titanium. The Conventions for the above concessions were signed, today 20 November 2017, between the Minister of Energy and Mines, Honourable Côme Manirakiza and Chairman and CEO of CVMR Energy Metals of Burundi, Mr. Kamran M. Khozan

Waga-Nayabikere: Covers 218 Square Kilometers and has a total estimated reserve of 1,088,000 Metric Tons of Nickel; 25,200,000 Metric Tons of Iron; 30,000 Metric Tons of Cobalt and 17,800 Metric Tons of Copper at a total estimated value of $30 billion US.

Mukanda: Covers 144 Square Kilometers and has a total of 6,500,000 Metric Tons of Proven Reserve of Vanadium; 7,300,000 metric Tons of Probable and 5,000,000 Metric Tons of Possible Vanadium reserves; 2,600,000 Metric Tons of Iron and 67,000 Metric Tons of Nickel. The value of contained Vanadium in the Proven Reserves at today’s prices is $600 million US.

CVMR® has committed approximately $40 million in US dollars for the surveys and drilling to prove the reserves in these properties and to complete their piloting and Feasibility Study. Work has already begun and the government of Burundi expects to receive CVMR®’s Bankable Feasibilities Studies for these properties in due course.

To carry out the work CVMR® has entered into an agreement with a local Burundian Engineering firm, Jacob Mining Engineering and has asked a South African based international engineering firm, DRA, to provide the detailed engineering and project management for these concessions.

The refineries will be built in modular forms and operated in situ at each location. The majority of the staff will be hired from local people who will be trained and certified by CVMR®. When fully operational the company expects to have hired about 1,500 local technicians and workers at these sites.



Answers to your questions

  • What does CVMR do?

    CVMR refines metals using vapor metallurgy and produces high-purity powders and components for various industries.

  • What metals does CVMR work with?

    CVMR works with over 30 metals, including nickel, cobalt, lithium, rare earth elements, gold, silver, and copper.

  • Who uses CVMR’s products?

    CVMR’s products are used in aerospace, automotive, electronics, medical devices, energy storage, and defense.

  • What is vapor metallurgy?

    It’s a process where metals are vaporized and purified to produce ultra-pure materials with precise control.

  • Is CVMR eco-friendly?

    Yes, CVMR uses sustainable methods like recycling metals, reducing CO₂, and turning methane into graphene.

  • Where is CVMR located?

    CVMR is based in Toronto, Canada, and operates in over 20 countries globally.

  • Who are CVMR’s clients?

    Clients include Pratt & Whitney, U.S. Mint, Virgin Galactic, Barrick Gold, and the U.S. Department of Energy.

  • Does CVMR make battery materials?

    Yes, CVMR supplies lithium, nickel, cobalt, manganese, and vanadium for electric vehicle and storage batteries.

  • What is CVMR’s role in graphene?

    CVMR converts CO₂ and methane into high-quality graphene for electronics, energy, and advanced material use.

  • How do I contact CVMR?

    Visit https://cvmr.ca or email [email protected] for business inquiries and more information.

Did you like the article? Share:

Read also

Canadian Physicist wins Nobel prize
CVMR®

Canadian Physicist wins Nobel prize

CVMR Corporation of Toronto, congratulates Dr. Arthur B. McDonald of Queen’s University, Kingston, Ontario, and Dr. Takaaki Kajita of Japan, for winning the 2015 Nobel Prize in Physics for their groundbreaking research in Neutrinos. Their discovery of neutrinos’ oscillations shows that neutrinos have mass, yet they move at the speed of light. CVD Manufacturing, a subsidiary of CVMR Corporation was a proud sponsor of the Sudbury Neutrino Observatory (SNO) project where most of this …
Читать
Oct 06, 2015
Chinese Nickel group may join Canadians in Nonoc Mine
CVMR®

Chinese Nickel group may join Canadians in Nonoc Mine

Jilin Nickel may partner with CVMR to develop Philippines' Nonoc Mine, boosting nickel production.
Читать
Sep 14, 2006
CVMR Corporation Moves Global Headquarters to Oak Ridge, Creates 620 New Jobs
CVMR®

CVMR Corporation Moves Global Headquarters to Oak Ridge, Creates 620 New Jobs

By WATE 6 On Your Side Staff Published: March 13, 2015, 1:46 pm  |  Updated: March 13, 2015, 7:01 pm KNOXVILLE (WATE) – CVMR Corporation is relocating their international headquarters to Oak Ridge’s Innovation Valley and creating hundreds of new jobs. The move is expected to create 620 new jobs and 313 million dollars in capital investment. “It’s important our state continue to win research and development operations because they mean higher paying jobs, …
Читать
Mar 15, 2015

Contact Us

Navigation

Technologies
Metals
Nickel
Iron
Lithium
Rare Earth
Copper
Uranium
Products
Pilot plants
Powders
Nano Powders
Product Development
Resources
Other
Recycling
Graphite/Graphene
News & Media
CVMR News
Press Releases & Events
References & Publications
Videos
About Us
Client List
CVMR Patents
Management