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MULTIVERSE MINING AND EXPLORATION PLC Company Profile

MULTIVERSE MINING AND EXPLORATION PLC

  • Day high   13.75 Day low   13.75
  • Value   94847.60 Volume   7649.00

Multiverse Mining and Exploration Plc was incorporated on June 20, 2002. The company was listed on the Nigerian Stock Exchange on October 8, 2008. It has over 5,000 shareholders with shareholders funds in excess of N3.5 billion.
 
The Company specializes in solid minerals with focus on mining of Zinc Ore, Copper Ore, Gold Ore, Lead Ore, Tantalite Ore, Tin Ore and Barite Ore.
 
In year 2005, the company commenced granite quarrying operation in its first site at Oloparun, Obafemi Village, Ogun State with installed capacity of 600,000 tons per annum which was upgraded by the addition of another production line, in 2007, with production capacity of 400,000 tons per annum making the site installed capacity to 1 million tons per annum.
 
Since 2008, the company has been actively involved in its core areas of businesses developing and deepening its operations.
 
It now has an installed capacity of one million tons of granite production in three locations across the Country.
The company is currently developing its Zinc and Lead mine site at Abuni in Awe Local Government Area of Nasarawa State.
 
As part of the expansion of its mine properties the company has obtained exploration licenses to cover Tin Ore, Tantalite Ore and Copper Ore.
 
 
BOARD OF DIRECTORS
Mr John Bede Anthonio – CHAIRMAN
Mr Ayedun Fasina - MANAGING DIRECTOR- CHIEF EXECUTIVE OFFICER.
Mr Ayodele Oluwasusi - EXECUTIVE DIRECTOR, BUSINESS DEVELOPMENT.
HRH Dr Musa Kabiru Ibrahim II - NON-EXECUTIVE DIRECTOR
Mamman Bukar Zargana - NON-EXECUTIVE DIRECTOR
 
PARTNER
Anhui synee mining co. Ltd
Unicontinental international Engineering co Ltd

Multiverse Mining and Exploration PLC, a Nigerian company, specializes in the exploration, extraction, prospecting, boring, refining, drilling, production, quarrying, and mining of stones, rocks, and other solid minerals. It is publicly listed on the Nigerian Stock Exchange with the symbol MULTIVERSE. As of January 26, 2024, its share price is N17.00, and its market capitalization is N34 billion. Multiverse engages in the mining of various minerals, including lead, zinc, gold, tin, tantalite, copper, silver, barite, columbite, and tourmaline. Originally established in 1973 as a salt refining company, Multiverse has since diversified its product portfolio and expanded its market share.

 

262A Corporation Drive, Dolphin Estate, Ikoyi, Lagos, Nigeria.
Phone: (+234) 9060004520, (+234) 8033086465

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