Magnum Mining and Exploration Limited (MGU) - Company Capsule
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Magnum Mining and Exploration Limited (Magnum Mining) is a mineral exploration company which explores, evaluates and develops tantalum deposits. The company's project portfolio includes Tantalite Valley project, Namibia; and Gravelotte project, South Africa. Its Tantalite Valley project is located near Karasburg and Warmbad, within the Magisterial district of Karas in southern Namibia. Magnum Mining's Tantalite Valley project is located on Mining Licence 77 and contains numerous rare-metal pegmatites. The company's tantalum is used in the production of electronic components and tantalum capacitors, which are utilized in portable telephones, personal computers, pagers, and automotive electronics. Magnum Mining is headquartered in South Perth, Western Australia, Australia.