Mining and Exploration

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.

Founded under Koç Group, one of the largest and most successful industrial and trading enterprises in Turkey, Demir Export has produced iron ore since 1957. In subsequent years, Demir Export also initiated production of base and precious metals such as zinc, lead, copper and silver ore concentrates in addition to lignite and chromite ore production in lumpy form and as concentrates.

From you position within the IFC, what is your perception of the global mining sector today?

With a total of eleven branches spanning the length and breadth of Chile, Dartel Electricidad is dedicated to the distribution and marketing of some of the most famous and prestigious national and international electrical brands. These brands and solutions meet the high, medium and low voltage needs of Dartel’s customers within the industrial, fishing, construction, engineering, telecommunications and mining sectors.

Junior mining companies are feeling the chill these days, and have been under pressure for over a year, so it is heartening to find one whose neat footwork has turned the situation to its advantage. Over the past year Argex has advanced its plan to convert its focus from mining to production of Titanium Dioxide (TiO2), a commodity that is sure to grow in demand as the world emerges from recession, because its sales in any particular market shadow GDP with uncanny accuracy.