Kinross Gold Corporation announced that it would commit $10 million over the next three years to develop a mining school in Mauritania. Tye Burt the president and chief executive officer of the company said that the mining school and training centre would be useful to the mining community.
Toronto based Kinross Gold has acquired the Tasiast Mine in Mauritania and hopes to invest $1.5 billion over the next three years to boost production of gold to 1 million ounces annually. This is a steep rise from the 200,000 ounces currently being produced.
Tye Burt confirmed this information which the Miens and Industry Minister Mohamed Abdellahi Ould Oudaa had provided earlier this month after a meeting with the Prime Minsiter Moulaye Ould Mohamed Laghdaf. The two campuses of the Mauritania Mining School would be in Nouakchott and Akjoujt.
They will focus on training technicians and engineers for careers in the mining industry. The three year program of training based in Akjoujt will focus on mineral technology while the five year engineering program will be based in Nouakchott. The mining school is expected to have 340 students at full capacity producing 50 engineers and 30 technicians each year.