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Distributed: June 23, 2010

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Beijing, June 23, 2010 (ABN Newswire) - FINANCE VIDEO: IGE AB (NGM:IGE) MD Boris Kamstra Speaks At Beijing Mines and Money 2010.

IGE has an independently verified resource base of more than eight million carats of rough diamonds and growing revenues from diamond production. The Group operates nine diamond projects across three African countries - Angola, Democratic Republic of Congo and South Africa.

View the Video Interview at:
http://www.abnnewswire.net/multimedia/en/63135/IGE

IGE also owns one of Northern Europe's most potent nickel sulphide projects in Northern Sweden, where 340 million tons of nickel ore has been identified (257.1 million measured and indicated;83 million inferred).

Diamonds:

IGE's primary focus is diamond exploration and production. IGE's resource base consists of some 8.4 million carats independently verified and an additional estimated resource base of 5.2 million carats based on IGE estimates (not SAMREC compliant). Our diamond concessions cover more than 10,000 square kilometres in Angola, the Democratic Republic of Congo and South Africa.

Nickel:

IGE's target is set at finding Scandinavia's next major nickel deposit. Our highly qualified and experienced exploration team has demonstrated an important ability to generate new high quality exploration projects in Sweden and Norway.

Gold:

The strategy of IGE in Africa is to acquire licenses in highly prospective areas and to explore these for large gold and base metal deposits. Our aim is to identify one or more deposits with a potential to produce a minimum of 50,000 ounces of gold per year. The development of the deposits into operating mines will be done through joint ventures with solid partners.


About International Gold Exploration IGE AB

International Gold Exploration IGE AB is a Sweden-based company engaged in exploration and mining activities in Angola, Sweden and Kenya. It is engaged in the exploration, acquisition and development of diamonds, gold and nickel. It owns a portfolio of licences with development potential for base and precious metals and diamonds. International Gold Exploration IGE AB is active through three subsidiaries: IGE Diamond AB, which is the holding company of the Company’s Angolan operations; IGE Nordic AB, which is responsible for the Company’s projects in Sweden and Norway with main focus on the Ronnbacken nickel project, and IGE Kenya Ltd, which is responsible for the Company’s gold exploration activities in Kenya.



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  Related Industry Topics:

Communications General | Financial General | Mining | 

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