miércoles, 1 de octubre de 2014

EMEA: Petra’s Dippenaar bullish; Ouagadougou welcomes leachers; PE heads to Africa

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EMEA
Wednesday, October 1, 2014
Andrew Mackenzie
Johan Dippenaar, chief executive of Petra Diamonds, insists the undiluted ore scenario from the company's major mines, Cullinan and Finsch, starting in the 2016 financial year will result in a remarkable increase in free cash flow generation in future.
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Andrew Mackenzie
The resource upgrade at Amara Mining's Yaoure gold project in Cote d'Ivoire this week has confirmed it as the "pre-eminent gold development asset in West Africa", according to chief executive John McGloin, but the likely up front capital requirement remains a cloud over the project.
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Andrew Mackenzie
Heap leach experts who haven't recently passed through Ouagadougou would likely be rare given the number of developments in the pipeline in Burkina Faso over the short-to-medium term.
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Andrew Mackenzie
Promising projects continue to attract private equity cash despite the awful market malaise afflicting the resource sector, with junior gold stock Orbis Gold Ltd and iron ore peer Radar Iron Ltd being cases in point in the past week.
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Andrew Mackenzie
"Everything that can be counted, does not necessarily count. Everything that counts cannot necessarily be counted." – Albert Einstein
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Andrew Mackenzie
In March 2012, the Ivory Coast government announced its intention to reform its mining code, which hadn't been updated since 1995.
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Andrew Mackenzie
Last year's collapse of Scottish Coal and ATH Resources highlighted the ongoing uncertainty around the closure and restoration of their respective sites, along with a number of others in a similar position across Scotland.
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Andrew Mackenzie
Two significant logistics announcements in recent days highlight the amount of effort being put into expanding and improving the rail and port transport corridors in southern Africa.
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Andrew Mackenzie
AIM-listed minnow Ariana Resources plc will enter the final quarter of this year with its goal of graduating to gold producer tantalisingly close, following the securement of finance and additional land needed to get building at its modest Red Rabbit gold project in western Turkey.
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Andrew Mackenzie
When 301 miners died in a Turkish coal mine in May this year the world reacted in outrage, but really the disaster exposed what the industry had already known for quite some time: Turkey is not a safe place for coal miners.
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Andrew Mackenzie
Anatolia Energy Ltd, the Turkish uranium explorer, said it raised enough funds in a recent A$6 million (US$5.2 million) placement to take it to a development decision on its Temrezli ISR project.
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Western Australia's (WA's) resources industry remains the powerhouse of the State and the nation.
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Message from the Western Australian Mines and Petroleum Minister
Department of Mines and Petroleum (DMP) Deputy Director Michelle Andrews said the Western Australia's (WA's) resources sector had remained the main driver of Australian economic growth and assisted the national economy to weather the Global Financial Crisis (GFC).
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Euromax Resources is a gold and copper development Company with assets in South East Europe.
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Events update
October 7-9, 2014, Moscow, Russia
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December 1-5, 2014, Business Design Centre, London, UK
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December 10-12, 2014, The Grand Hotel & Suites Toronto, Canada
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February 9-12, 2015, Cape Town, South Africa
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