Afrasia Mineral Fields Inc. · Vancouver, BC Canada · (TSX Venture: AFS)
Company Description
Phone: +1-604-684-2181
Fax: +1-604-682-4768
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This link will open in a new window Afrasia Mineral Fields doesn't have mining operations in Africa or Asia, but it does do business in Canada. The company is looking to acquire or partner with other mineral exploration businesses in its sector. It found something it liked in 2010 when it agreed to buy a copper project in Arizona for about $12.5 million. Afrasia Mineral Fields is managed and administered by venture capital firm Varshney Capital. Praveen Varshney, CEO of Afrasia Mineral Fields, also heads up Varshney Capital. To read the full description, subscribe now.
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Key Afrasia Mineral Fields Inc. Financials
| Company Type | Public - TSX Venture: AFS Single Location |
| Fiscal Year-End | May |
| Employees | 3 |
Afrasia Mineral Fields Inc. Executives
6 executives listed for Afrasia Mineral Fields Inc.'s Vancouver, BC location.
| Title | Name & Bio | Contact |
| President and Director | Praveen Varshney | |
| VP, Exploration | Kevin Tattersall | |
| Secretary | Nilda Rivera |
Competition
Competitive Landscape for Afrasia Mineral Fields Inc.
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top Afrasia Mineral Fields Inc. Competitors
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