Sumo Resources PLC

Corporate Details

ISIN(s):

GB00B8GJBS16

LEI:

213800HDAGNM94DOG629

Country:

United Kingdom

Address:

KEMP HOUSE, EC1V 2NX LONDON

Website:

https://www.sumoresources.com/

Sector:

Mining and quarrying

Industry:

Mining of non-ferrous metal ores

Description

Our company explores for metals through majority shareholdings in junior mining exploration and mineral trading companies, mainly in Africa. The focus is on rarer metals like Tantalum and precious metals like Gold that have a high value for low volume and can be extracted via surface mining methods. We believe that the long-term global macroeconomic outlook is positive for the global metals, mining and resources sector. We further believe that the underlying supply and demand fundamentals of the minerals that the Company focus on are compelling given limited new supply coming on-line and production cutbacks by high cost mining operations against the background of demand from the industrialisation of emerging economies.