Britannia Mining, Inc. (OTC: BMIN) is a natural resources development company focused on acquiring high quality commodity-based projects. In an effort to capitalize on demand, the company has placed a significant focus on precious stones in recent months.
“Our portfolio of tradable commodities has realized a very strong demand for precious stones,” stated Kenneth Roberts, Chief Executive Officer of Britannia. “This has initiated the recent activity of our buy/sell commodities’ trading division to procure the commodity and facilitate the transaction for qualified buyers and sellers throughout the world.”
In December, the company announced that it had made an initial shipment of raw, uncut diamonds to an international inspection facility, putting the wheels in motion on a contract with significant upside for the growing development company. In addition to an anticipated $1.2 million in profit from the completion of the initial contract, Britannia’s leadership has highlighted the potential availability of several multi-million dollar contracts to the company’s trading division. In total, precious stone transactions look to be a promising addition to the company’s established commodity offerings.
“[T]he money generated on this transaction is just a prelude to what we further envision for 2015,” continued Roberts. “We have established a great team; our combined experience enables us to deliver precious products from one continent to another, within a total transit time of one week.”
In addition to the shipment of precious stones, Britannia is currently involved with mineral exploration activities in the African nation of Malawi. In 2009, the company was granted exclusive prospecting licenses to conduct mineral exploration activities near the city of Blantyre. Completed magnetic imaging studies have shown promise of significant iron ore deposits, and Britannia is currently focused on fast-track drilling to extract necessary core samples at the site. Upon completion of exploration activities, close access to an existing railway link to the Indian Ocean should help ensure healthy returns for investors.
While exploration activities persist in Africa, Britannia has leveraged ready mined iron ore stock piles from Malaysia to secure revenue and promote growth. This opens the door for unbound distribution possibilities moving forward, as well as providing the potential for considerable returns for stockholders in the short term.
For more information, visit www.britanniamining.com
