Indian Pacific resources

Iron Ore Exploration in Madagascar

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Indian Pacific Resource Limited

Indian Pacific Resources Limited ("IPR") is a Melbourne based mineral exploration company which was incorporated in October 2009. IPR has three prospective exploration target areas comprising some 640 km2 of iron ore tenements.

Bekisopa is the flagship project with its high grade 65% lump iron ore suitable for Direct Ship Ore (DSO).  Our focus post the successful capital raising is to build on the quality historical geological knowledge and drill to define a +100 million tonne compliant resource.

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Mining in Madagascar... 

Rio Tinto and the Sherritt International-Sumitomo-Korea Resources-SNC-Lavalin consortium are the largest investors in the mining sector in Madagascar with the 2006 Fort Dauphin mineral sands and 2010 Ambatovy laterite nickel developments respectively. Both are large scale long life operations which required in-country investments of approximately US$900 million and US$7.0 billion respectively.