Last $0.05 USD
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Volume 30.0K
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As of 8:10 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

britannia mining inc (BMIN) Snapshot

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03/4/14 - $0.13
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11/21/13 - $0.03
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britannia mining inc (BMIN) Details

Britannia Mining Inc. focuses on exploration and development of iron ore, coal, and gold mining properties. The company was formerly known as Micron Enviro Systems Inc. and changed its name to Britannia Mining Inc. in May 2013. Britannia Mining Inc. was founded in 1998 and is based in New York, New York.

1 Employees
Last Reported Date: 03/15/12
Founded in 1998

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britannia mining inc (BMIN) Key Developments

Britannia Mining Inc. Announces Strategically Alliance with South African Facilitation Partners

Britannia Mining Inc. announced that it has strategically aligned with South African facilitation partners; securing Swiss buyers for its Malaysian 'ready mined' stockpiles. The parties have been working diligently to thrash out elements of the multi-million dollar trading contract. Discussions have included hammering out price, quality control, payment structures, shipping logistics and export protocols with port authorities. Management indicated that the Swiss organization is part of a trading group focussed on providing a complete range of services to the steel and raw materials industries. As a procurer of iron ore for end manufacturers, the group has a network of offices that spans Hong Kong, South America, and France.

Britannia Mining, Inc. Executes MOU with a Gold Investment Holding Company in the United Arab Emirates

Britannia Mining Inc. announced that the company has executed a MOU with a gold investment holding company in the United Arab Emirates ("UAE"), to forge a partnership which will broaden Britannia's ability to fund, mine and trade precious metals. The MOU establishes a relationship between the Dubai and UK based firms, whereby the parties have commenced an evaluation of several acquisition targets and gold trading opportunities. This has been set with a view to enter into a number of joint venture arrangements along with sales and purchase contracts. Britannia comes to the table with its Yukon gold projects in tow and a pipeline of operating acquisition targets as well as physical gold trading opportunities -- immediately demonstrating the company's ability to source and grow significant and valuable gold projects. With the Dubai firm already having related parties throughout the UAE, South America, Europe, as well as across the Arabian Gulf, Britannia's reach within Africa and North America provides both parties ample opportunity to expand into new territories.

Britannia Mining Mulls Acquisitions

Britannia Mining Inc. (OTCPK:BMIN) is seeking acquisitions. Britannia Mining said that the company intends to use capital to advance its existing projects and make acquisitions to increase revenue potential.


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