We explore for rare minerals, like Tantalum, through holding majority stakes in junior mining companies or joint ventures. Our team controls and manages all of our projects direct. We operate in a social responsible way.
Our Company acquires and holds majority shareholdings in junior mining and mineral trading businesses in under developed geographical areas, mainly in Africa. The focus is on rarer minerals like Tantalum and precious metals like Gold that can be extracted with low cost mining operations.
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.
The SUMO RESOURCES team includes entrepreneurs and managers with a track record of success and a history of successfully working together. The management team has vast knowledge and experience of the conditions and operating environment in the areas where projects are targeted and prefers a strong hands-on style.
André Odendaal - Chief Executive Officer
André Odendaal is an entreperneur. He studied Metallurgical Engineering and has previous CEO experience coupled with senior management positions at global industrial companies.
Herman Claassen – Chief Technology Officer
Herman is a BSc graduate. He has vast experience in designing innovative technology solutions and managing large scale complex projects.
The SUMO RESOURCES group strives to be a good corporate citizen. As such we have adopted and fully support the OECD Conflict Minerals Policy.
The conflict minerals policies for our operational companies can be viewed at the links below: