Mining and Exploration

Anglo American has announced the sale of Scaw South Africa, completing its divestment of the Scaw Metals Group.

The company has sold Scaw South Africa to an investment consortium led by the Industrial Development Corporation (IDC) of South Africa, Izingwe Holdings, Shanduka Resources and the Southern Palace Group of Companies.

Planetary Resources, Inc has announced a spectacular plan to mine near-Earth asteroids (NEAs) for raw materials, ranging from water to precious metals.

The newly formed company has the financial backing of industry-launching visionaries including Google CEO Larry Page and Ross Perot, Jr, chairman of Hillwood and The Perot Group.

After a significant gold discovery at Hope Brook in Newfoundland, Castillian Resources is forging ahead with an aggressive drilling programme to extend the resource and take the project forward to the preliminary economic assessment stage. CEO Dr Bill Pearson talks to Gay Sutton about the project’s prospects.

In minerals exploration, some people seem to have a knack for spotting huge potential where others see nothing. Dr Bill Pearson, CEO and president of junior exploration company Castillian Resources, has the knack.

Adansi Gold Company, a wholly owned subsidiary of PMI Gold Corporation, is one of the most exciting gold mining companies in Ghana. With resources that are causing investors’ hearts to race, it is set to become a very important mid-tier producer in just a couple of years, as Thomas Amoah explains to Jane McCallion.

South Kazakhstan boasts one of the biggest phosphate deposits in the world. General director Mukash Iskandirov explains to Gay Sutton how the phosphate mining and manufacturing company Kazphosphate is introducing the latest technology to take advantage of the growing market for high quality phosphate products.

Lithium Exploration Group has begun the initial testing of its ultrasonic generator in Pennsylvania, United States.

The testing begins today and will run for ten days. The purpose of the test is to operate all of the componentry together, bring the generator to optimal speed and pressure to harness the cavitation and produce steam, and identify the optimal settings for all of the stages of the unit.

Even at today’s prices, the economics of opening a new gold mine need careful attention, as Alan Swaby learns while talking with Carrick Gold.

Just like rare book collectors, gold exploration companies are always on the lookout for the big find—the one that will make their name, not to mention their fortune. Not surprisingly, both professions tend to attract more than their share of dreamers.

Ghana’s resource industry is regulated by the government but it is a complex business. For nearly 110 years, the Ghana Chamber of Mines has been working to createthe right basis for addressing key issues relating to the role of mining in national development.

Dryden, Ontario has a great future based on the gold being developed by Treasury Metals at its flagship Goliath Gold project: with its pulp industry on the wane it needs the jobs – and Treasury needs its people.

The Kenora district of Ontario has only lately attracted serious commercial attention for its gold deposits.