COMPANY
The group was formed in March 27, 1999 in order to raise funds to equip, manage and operate marble and quarrying operations in Baluchistan at Loralai
QUARRIES
The group has rights over and mining licenses in respect of five marble quarries. The group intends to commence marble production at its quarries four months after listing. STRATEGY
Hamzazai Quarries was incorporated in 2012, f
ounded by Naseeb Hamzazai and Nawab Hamzazaii to take advantage of the unexploited marble resources in Loralai. Following extensive research the Group acquired rights and mining licences to five quarries at Anambar (three separate quarries) and Cro covering 4122 hectares. We believe Group has considerable potential given the combination of its large, good quality marble reserves and the experienced board and management team which has been assembled to enable the Group to exploit those reserves. The Group intends to shortly begin preparing the sites for clearance and then begin quarrying for marble, with the first two quarries expected to be opened by Q1 2013. The marble will be quarried using diamond wire and chain saw machinery from an open pit operation. The Group further plans to commission a state of the art semi-automated processing & polishing plant to process marble blocks in polished slabs, with polished slab production