Mining and Exploration

Canadian mining company Mandalay Resources applies the principles of continuous improvement to everything it does. Creating cost-effective and stable operating conditions has enabled the company to reinvest revenue into exploration and develop a long-term pipeline of projects.

KPMC is a niche BEE project management and engineering company, specialising in combining the practicalities of mining, the challenges of logistics and the volumes of bulk materials handling with innovative solutions and experience.

Australia’s underground mining industry is a challenging arena to work in, yet for mining and tunnelling services provider Jennmar Australia, it is these challenges that have brought about its success.

Howden Africa, part of Howden Global, is showing impressive growth in meeting the needs of the burgeoning resources industry in Africa, providing ventilation and cooling systems, dust scrubbers and flue gas conditioning systems to the continent’s mines.

Terra Nova Minerals Inc. has signed an agreement with Geokinetics (Australia) Pty. Ltd. of Brisbane, for a 127 square kilometre 3D seismic survey.

Geokinetics will undertake the survey on the northern boundary of Petroleum Exploration License (PEL) 112 on the western flank of the Cooper Eromanga Basin in South Australia.

The survey is expected to commence in early August 2012 and will include the shooting and processing of the 3D data acquired. Crews are currently in the field completing line clearing and survey work.

Harvest Gold Corporation has reached terms with San Gold Corp. to sell its CUD 3 claim in the Rice Lake Gold Belt in Manitoba, Canada.

The CUD claim is located 7 km from the gold mining community of Bissett, Manitoba, where San Gold operates two mines and a mill.

San Gold will acquire 100 percent of the CUD 3 claim in return for a payment of $225,000 to Harvest Gold, and will pay a further sum of $225,000 if and when any gold is produced from the CUD 3 claim.

Convincing mines to spend more money up-front on the expectation of lower life-of-mine costs is what one South African supplier is working hard to do.

One of Poland’s biggest companies has embarked upon a campaign of global expansion, positioning it among the world’s largest copper and silver producers and paving the way for future growth.

One South African mining company is producing a refractory material on whose properties the world’s iron and steel producers depend.

In the production of iron and steel, refractory materials fall into the category of consumable commodity—hovering somewhere in the background until all the glamorous hard work has been done and the melted, smelted, refined liquid metal needs moving in a refractory lined vessel from one part of the plant to another.

What is the best business book you have ever read, and why?

The Wealth of Nationsby Adam Smith. It reveals the theories that have inspired powerful economic and social changes in the world.

Someone you would most like to have met, living or dead, and why?

Warren Buffet. I admire thisbillionaire investor’s unique approach to management and investment. The opportunity might arise in the near future to have lunch with him and potentially do business together.