African Pioneer is focused on acquiring mining assets principally in Africa. In assessing future opportunities, the Company pays attention to mining law, political stability and security of assets and personnel the key emphasis being on mining law transparency.
The directors believe that base metals particularly copper and nickel will remain in demand for many years to come with few new ore bodies being discovered. Africa has favourable geology for these two metals and the potential for sizeable projects discovery exits.
Other metals will be considered based entirely on their technical and financial merits, again with mining law transparency being foremost in our assessment.