Mining and Exploration

Running along the western coast of South America, the Andes is the longest continental mountain range in the world. At around 7,000 kilometres in length, between 200 and 700 kilometres wide, and with an average height of approximately 4,000 metres, the Andes extends through seven countries, one of which is Peru.

Right at the geographical centre of Turkey sits the industrial town of Kayseri (called after Caesar Augustus as it happens). It is 120 kilometres north of Kayseri that the principal project of Canadian mining junior Aldridge Minerals can be found. The polymetallic Yenipazar project occupies a ten square kilometre site on a volcanogenic massive sulphide (VMS) body that hosts a gold-silver-copper-lead-zinc mineral deposit.

For the last several decades Africa’s vast mineral wealth has been intrinsically linked with its economic growth. The continents’ mineral industry is unquestionably one of the largest in the world and for many African countries mineral exploration and production constitute significant parts of their economies.

Indeed mining and mines in Africa continue to play a fundamental role in its future socio-economic and sustainable development, with over 1,800 mining projects currently in various stages of development.

A European leader when it comes to the distribution of wear resistant and high yield strength steels, it is a hugely important belief within Abraservice that it should be seen to be more than just a supplier of such products. Rather it has successfully fashioned itself into a specialised provider of its customers’ complete solutions, from the analysis of their needs to the supply of finished and machined parts, ready for assembly.

Mr Holland’s words follow Gold Fields deal to purchase three mines in the Yilgarn South region of Western Australia from Barrick for $300 million. The three mines in question -Granny Smith, Darlot and Lawlers – produced 450,000 ounces of gold in 2012 and reported 2.6-million ounces of gold reserves plus 1.9-million ounces of gold resources at the end of December.

The Africa of the 21st century is often highlighted by the vast metropolitan cities that have been building up steadily to become centres of economic prosperity, yet the continents land is still home to a vast expanse of frontier land. It is on this land, particularly along coastal areas, that many of today’s most exciting oil and gas finds are being made. However, when it comes to operating in such areas, where logistical infrastructure is sometimes non-existent, it often calls for companies to rely on expert advice and local knowledge.

One of the founding members of Organisation for Economic Co-operation and Development (OECD) international economic organisation and the Group of Twenty Finance Ministers and Central Bank Governors (G-20), Turkey possesses the world’s 15th largest gross domestic product by purchasing power parity. Defined as an emerging market economy by the International Monetary Fund (IMF), it is one of the planet’s newly industrialised countries.

“I think it is fair to say that quite a lot has been happening since we last spoke in June 2012,” states Harmony’s CEO, Graham Briggs. “If you look at the last 18 to 24 months we have witnessed the incredible rise in gold prices, which was a particularly welcome relief from the cost pressures that had been mounting here in South Africa, and its subsequent come down, in addition to the well documented labour issues that have beset the mining sector.”

The all-share transaction will allow Sibanye to further bulk up its newly formed resource base to the west of Johannesburg.

Gold One will merge its 74 percent interest in Rand Uranium and Ezulwini, which collectively own the Gold One’s four Cooke mines and tailings, into Sibanye in exchange for a 17 percent interest in Sibanye.