Nickel mining and export from Ivory Coast to the rest of the world
47 million WMT
nickel ore reserves
2.0% Ni
Average nickel grade
2.5 million
metric tons of annual exports
2,500
Job positions
ABOUT
Compagnie Minière du Bafing (CMB) is an Ivorian nickel company, operating the largest DSO (Direct Shipping Ore) nickel project on the African continent.
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CMB currently operates the open pit mines of Foungbesso and Moyango. These are some of the richest nickel laterite deposits in the world, with a lifespan of over 20 years. The pits are shallow (20-30 meters) and the mining process is entirely mechanical (without the use of explosives, chemicals or hazardous materials), allowing for safe mining with a minimal environmental footprint.
CMB maintains a constructive relationship with the State of Côte d'Ivoire and the state mining entity SODEMI, holding respectively 10% and 5% equity interest in the company.
Grow together
2022
2018
2017
2016
2015
Milestone of 2,000,000 WMT of annual direct shipment ore exports achieved.
The first shipment of nickel ore in February 2018 marks the start of CMB's export activity.
Mining operations begin at the Foungbesso, Moyango and Viala (FMV) project. The mining agreement between the State of Côte d'Ivoire and the CMB is signed in September 2017.
The feasibility study of the FMV project is submitted to the government of Côte d'Ivoire. The CMB is created.
Acquisition of the exploration permit in August 2015.
ESG
With our local communities
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We strive to build strong and mutually beneficial relationships with local communities. This includes regular and transparent consultation with stakeholders, actively listening to their needs and concerns, as well as the establishment of community development programs aimed at improving living conditions and promoting the empowerment of local populations.
