(Ecofin Agency) - DNI Metals Inc, a Canadian mining company, won full mining permits over the graphite project, in the district of Amparafaravola in Madagascar towards the end of July.

With this mining licence in hand, the company which is listed in Toronto and Frankfurt, claims it is in a position to accelerate the implementation of this graphite project located in the region of Alaotra-Mangoro, we learn.

The company, previously known as Dumont Nickel Inc, has already completed stage 1 of project implementation. It concerns geo-physical studies and digging six trenches of depths varying from 1 to 3 metres.

DNI reports having discovered several deposits one of which is more than 2 km long with widths varying between 300 and 400m in the main area of the Vohitsara project which it owns at 100%.