about us

Elgacol Limited is a diversified public company which operates a portfolio of assets in industries of: Mining & Minerals (Phosphate >30% P2O5; Copper; Lithium; Chrome) — Renewable Natural Energies (Renewable Natural Gas; Bio-Coal; Bio-Fertiliser) — Agribusiness (Moringa Oleifera Products & Goat Meat Exports).

Registration Number: 2023/806259/06

Our Operations

Mining & Minerals

Phosphate >30% P2O5 in Guinea-Bissau

Copper & Lithium in Namibia

Chrome in South Africa

Renewable Natural Energy

Renewable Natural Gas

Bio-Coal

Bio-Fertilizer

Agri-Business

Project20:100 for Production of Moringa Oleifera Seed Oil & Trading of Goats (Live & Meat)

Flagship Mining & Mineral Assets

  • Elgacol's subsidiary company, AFCOR-FARIM Phosphate Group S.A.R.L, offers investors exposure to a world class, high grade, "Shovel Ready" > 30% P205 Direct Shiping Ore (DSO) Phosphate Project in Guinea-Bissau, West Africa
  • AFCOR-FARIM Group S.A.R.L has mining licences and permits in place and is advancing the project towards achieving annual production of 600,000 tons from Q4-2024
  • Elgacol's subsidiary company Paramount Trading Enterprises further has Copper-Lithium exclusive prospecting licenses & mining claims in Namibia.

Our people and community

Napier Grass feedstock to be cultivated on Ten Thousand Hectares of Land in Limpopo Province of South Africa.

Projects Overview

AFCOR-FARIM PHOSPHATE GROUP S.A.R.L is a Guinea-Bissau mining and exploration company focused on advancing the AFCOR-Farim Phosphate Project located in Guinea‐Bissau, West Africa.

The AFCOR-Farim Project currently comprises a phosphate deposit consisting of one continuous flat lying phosphate bed with a NI 43‐101 compliant Mineral Resource estimate that defines a Measured Resource of 64.6 MT at an average grade of 29.11% P2O5, an Indicated Resource of 28.1 Mt at an average grade of 27.68 % P2O5 and an Inferred Resource of 18.3 Mt at an average grade of 28.66 % P2O5. A two phased development is planned for the AFCOR-Farim Phosphate Project as an open pit mining operation.

Phase One consists of a Direct Shipping Option Project with an annual phosphate production of 600kt per annum and Phase Two which consists of the production of 1.2 Mt per annum of phosphate rock concentrate and includes a activated carbon beneficiation plant and associated infrastructure, pipeline and port

AFCOR-FARIM DSO PROJECT GENERAL PROCESS FLOW

  • Contractor Mining
  • Removal of overburden by a combination of excavators and trucks
  • Run of Mine("ROM") phosphate removed by excavators and trucks and stockpiled for loading and blending close to a barge loading system located some 1.5 km from the open pit mine
  • A number of barges moored to a floating pontoon will be loaded and taken to a bulk carrier vessel (of 25,000 tonnes capacity) moored to a floating ship loading facility off the Rio Casheu estuary for dispatch to customers and off takers
  • The river transport distance from the planned barge loading site at the mine site to the Rio Cacheu estuary ship loading facility on the Atlantic Ocean is approximately 150 kilometres
  • ROM phosphate will also be available for supply to the in-country market as a direct application fertilizer
  • A long term Phosphate Supply/Offtake Agreement is being negotiated with Industrial Commodities Holdings, established January 1978