FMS holds management interests in its own ventures as well as contracted third parties.
Currently FMS holds the design, BOT and management contract for Hamdah Mine in Saudi Arabia. The mine consists of 1.8Mt of overburden grading 2.43 g/t. FMS is to Heap Leach a proportion before moving to agitated leach by CIL for the remainder.
An allocation of the profits will be used to continue exploration into the re-opening of the historical mine.