Mining

MM Mining

Last edited by lenazun on June 2, 2009 - 12:18pm
Company Snapshot: 

MM Mining, a Bahamas-based firm with Indian owners, has signed an agreement with The Togolese Government to extract bauxite on the Agou Mountain and elsewhere in Togo. It is a Public Limited Company with a capital of approximately 1.5 billion CFA francs as of 2007. The company sent attendees to the AMEC mining conference. MM Mining intends to invest US $41 Million in mineral extraction throughout Togo, as of 2007.

Corporate accountability
Social responsibility: 

MM Mining has Mount Agou slated for mining. It is the highest mount in Togo. Bauxite has been found on the mountain, and the company has signed an agreement with the government to extract it. Friends of the Earth Togo -- http://www.amiterre.tg -- posted this video of the mountain on YouTube.

Sources
Watchdogs and related campaigns: 
Friends of the Earth Togo
Bahamas Mining Blog
Specialized Information
Major units/subsidiaries/affiliates: 

On August 7, 2006, the African Press Agency reported that MM Mining signed a convention for the exploitation, processing and marketing of various ores with Togolese officials on 7 August 2006.

List of countries in which it operates: 
Bahamas
AttachmentSize
Mount Agou Video in Flash Video Format2.83 MB