Mining and Exploration

In an industry as rigorously competitive as the gold production, Anaconda Mining Inc is a company of exploration that fundamentally strives for stability. The junior gold production company focuses its mergers and acquisitions target searches primarily on Canada and the United States, with a particular focus on Atlantic Canada. Anaconda correspondingly operates the Pine Cove open pit mine as well as controlling approximately 6,000 hectares of exploration property in the Baie Verte Mining District on the Ming’s Peninsula, Newfoundland, Canada.

Norman Mbazima Chairperson of Anglo American’s Chairman’s fund, said: “While the results attest to perceptions pertaining to our impact as a company, the results nonetheless show which companies are successfully communicating their programmes and achieving reputational benefits,” reads the report. “In 2014, respondents agreed that Anglo American was achieving the greatest development impact, with 26 corporate mentions and 24 non-profit organisations (NPO) mentions.

Gulf Minerals is an Australian company that is developing manganese smelters in Kupang the capital of West Timor. The facilities will take advantage of the low cost of ore, with labour and power being the majority of operating costs. Indonesia’s ban on raw mineral exports was designed to encourage downstream investment in the country's mineral processing industry, and Gulf Minerals supports this policy.

Zambia's government is under increasing pressure from the mining sector to reduce the royalty increases introduced at the beginning of this year. The government royalties on open-pit mines increased from 6% to 20% and has received fierce criticism from mine operators in the area.

Two major stakeholders include First Quantum and Barrick both who have mines affected by the royalty increase. 

The World Health Organization believes that since February 2014, there have been nearly 18,000 reported Ebola cases and more than 6,000 deaths. According to Dr. Thomas Frieden, Director of the U.S. Centers for Disease Control and Prevention, speed of response is the key to ending the Ebola epidemic, mostly affecting Guinea, Liberia and Sierra Leone.

Though it’s barely six months since we last reported on progress at NAN’s 3,601 square kilometre property, which encapsulates the nickel-rich Greenland norite belt (GNB) and where the company was embarking on an ambitious drilling programme, the results and the indication of future discoveries has been so encouraging that it is quite difficult to know where to start.

It will only ever be half true that diamonds are just another commodity. They have been among the world’s most sought after natural resources since antiquity and still define individual aspirations all over the world. It’s well enough known that the low countries have been the centre of the diamond trade, with Antwerp in Belgium guarding the title of the world’s diamond capital for craftsmanship and Antwerp and Mumbai its financial powerhouses. while both having its share of the essential cutting and polishing phase.

Steve Todoruk, a mining veteran who joined Rick Rule in 2003 at Sprott Global Resource Investments Ltd. says he’s seeing some key similarities between today and the last big bear market for resource stocks, which lasted from around 1998 to 2001. Many of today’s mining legends made their reputation and their fortune during that time.

The last time we saw this happen was in the late 1990s.

Gold was around $300 per ounce; silver was near $6; and copper was $0.60 a pound.

It’s not random chance that puts mining at the head of the list of industries – and it’s a long list – that HAWK serves. HAWK is an Australian company, founded in 1988 with a focus on serving that country’s resources sector with locally designed and produced products. Over the years the company has expanded into different geographic areas, mainly into countries with a mining presence, working through a network of specialised distributors.

Canada’s enhanced Corporate Social Responsibility (CSR) Strategy, “Doing Business the Canadian Way: Advancing Corporate Social Responsibility in Canada’s Extractive Sector Abroad” was announced by the Canadian government on November 14. It builds on experience and best practices gained since the 2009 launch of Canada’s first CSR strategy, “Building the Canadian Advantage: A Corporate Social Responsibility Strategy for the Canadian Extractive Sector Abroad.” The idea is that Canadian companies operate abroad with the highest ethical standards.