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
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