Volkmar Guido Hable and Samarium Tennessine Corp planning further investment in the mining sector

<p>Bulk commodity producers have been continuing to struggle during the last few years with low commodity prices and in efforts to cut costs. A number of facilities have closed down over last few years. However, with the LME prices showing signs of improvement and demand from China continuing to stay strong, there may be a number of distressed assets coming onto the market throughout 2017, many with the potential for closure and many with potential for re-investment. <br />Now Volkmar Guido Hable of Switzerland is planning to shake up the industry with an acquisition of the former BHP Billiton asset &ldquo;Boffa&rdquo; in West-Africa, whose total investment is valued in the multi-billion dollar range.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/solomonbauxite.jpg" alt="News" width="517" height="226" /><br />Early October 2016 Volkmar Guido Hable and Samarium Tennessine announced an 8 billion USD investment plan for Guinea&rsquo;s Ivenhough bauxite project. Volkmar Guido Hable and Samarium Tennessine remain optimistic on the outlooks for bauxite, and expects an annual 27% IRR over the next 20 years.</p> <p><strong>{googleAdsense}</strong></p> <p>Volkmar Guido Hable and Samarium Tennessine Corp would lead a group of investors from the mining and oil industry to raise $10 million USD for a new social fund.&nbsp; Volkmar Guido Hable, announced the launch of the fund yestreday at the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland.&nbsp; The purpose of the fund would be to study and propose solutions for social issues in regions affected by mining and oil with a focus on Africa.<br /><br />Energy and mining is one of the biggest growth drivers in many world economies. However,&nbsp; despite such huge investment and profits, it has not contributed much to lift up the living standards for the local populations. It was supported by a study of existing mining and oil projects in certain African countries and also in the Canadian north. <br />&nbsp;<br />The new fund will be known as &ldquo;Social Mining and Energy Alliance 2020&rdquo; and will invest into studies and solutions for epidemic social problems in areas affected by mining and energy projects.<br /><br />The new investments and headwinds indicate further positive changes within the mining industry. With the challenging commodity market conditions at present, there may be attractive investment opportunities involving some of the biggest names in the business. Major mining companies could be shaping up through takeover deals which would play a significant role in mining sector. <br /><br /></p>