Mining and Exploration

China relies massively on copper, which is used in electronic production, and the Las Bambas mine is expected to produce more than 450,000 tonnes of the metal per year in its first five years.

Data from The Steel Index highlighted that the import price of 62 percent iron ore fines at China's Tianjin port added $1.20 to $119.40 per tonne as imports from top consumers China is expected to resume its record breaking pace. This has seen the price of iron or climb 14 percent from the lows it reached in early March.

The mining industry has been an integral part of Botswana’s national economy since the early 1990s. At the heart of the industry for the better part of 25 years has been the country’s diamond sector, whose gem quality findings have seen Botswana solidify its position as the world’s leading producer of diamond by value.

Debswana is an important figure within this vital part of Botswana’s economy, producing in excess of 70 percent of the country’s export earnings, 30 percent of its Gross Domestic Product and 50 percent of government revenue.

Pioneer Resources are currently drill testing a 200 metre structure at the Kalpini South prospect, a move that is designed to extend the strong gold results that were returned in 2013. These results included ten metres at 6.38g/t gold, 15 metres at 2.93g/t and nine metres at 5.31g/t.

Ed Macha always felt there was a better way. Fascinated since childhood by the possibilities of automation, he learned the industry inside and out, knowing one day he would be the one to transform it. Beginning at the age of 15, he spent his summers sweeping electrical room floors and troubleshooting pull cords on conveyor belts at a mine site in Mexico.

Having been in production since late 2005, it took less than five years for Goldcorp’s Marlin Mine to produce its one-millionth ounce of gold. Located in the western highlands of Guatemala, 300 kilometres northwest of Guatemala City in the municipality of San Miguel Ixtahuacan, in an area boasting elevations ranging from 1,800 to 2,300 metres above sea level, Marlin has operated as both an open pit and underground mine, and continues to generate significant cash flow.

Founded in 1954, EXSA Peru is today part of Breca, the leading economic group in Peru, and is the country’s leading provider of rock fragmentation solutions to the mining and construction industries, with more than a 50 percent market share. The company’s market leadership is reflected in both its recent sales growth and its earnings before interest, taxes, depreciation and amortization (EBITDA).

“When I look over the last two years, while I do see a highly problematic gold market, particularly for producers, I also see evidence to suggest that the long-term outlook is pretty good. Primarily this is because many of the underpinning reasons for the rise in gold price in the first place continue to exist, reasons like high degrees of sovereign debt.”

JW Resources has acquire Appolo’s coal mining operations through the creation of its own subsidiary, Middlesboro Mining Inc. Its acquisition includes approximately 33,000 acres of land containing an estimated 43 million tonnes of proven and probably, high quality thermal and industrial coal reserves in the Central Appalachian coal basin.

Having previously worked as a professional exploration geologist in Eastern Europe, Australia, and Central and Southern Africa for a number of leading mining and exploration companies, including Tesla, KGHM, Rio Tinto and Caledonia, it was in 1999 that Julian D. Green founded GeoQuest.