 | |  | Australia/Asia | Thursday, October 2, 2014
| | | | | | Interesting days ahead for Australian-listed copper miner PanAust with a formal indication as to how much value third parties see in the stock flagged as imminent. | | | |  | | | | The mining industry faces a "ticking time bomb" because of its failure to take measures to retain or attract younger professionals at a time when the workforce is ageing, according to Stratum, the global recruitment agency. | | | | | | | | "Competition brings out the best in products and the worst in people." – David Sarnoff | | | | | | | | Addressing the Denver Gold Forum recently, Perseus Mining Ltd chief executive Jeff Quartermaine expressed "a strongly held view" that being a single mine company in West Africa "is a fairly perilous thing to do". | | | | | | | | Bulk commodities such as iron ore and coal have always been a game of transport economics, and right now no-one is playing that game better than China. | | | | | | | | Greenfields exploration, three-to-four rigs drilling, bonanza copper and gold grades and lots of targets. Exciting days for ASX-listed Geopacific Resources Ltd in Cambodia! | | | | | | | Potash West's decision to branch out from its Western Australian home base and into Germany could soon pay off, with Helmsec Global Securities predicting "ballpark" gross tonnage of about 500 million tonnes with 10-15% potassium oxide (K2O) grade at the Kullstedt half of the project. | | | | | | | Thirteen years lapsed between the overthrow of the Taliban and the inauguration this week of president Ashraf Ghani, which the United States is hailing as the first democratic transfer of power in Afghanistan's history. | | | | | | | The Indian Supreme Court's cancellation of almost all coal licences granted by the government since 1993 opens a door to Australian and other non-Asian exporters. | | | | | | | Senior executives at leading underground mining contractor Barminco remain positive about the company's global expansion plans and continuing to build a cash stockpile in the face of difficult market conditions. And while there is little immediate prospect of an IPO to recapitalise the company, CEO Peter Stokes maintains M&A is on his radar. | | | | | | | Continuing uncertainty about mineral exploration levels is dogging bellwether analysis-services group ALS Ltd, which last week confirmed an inability to get a clear reading on market activity meant its September quarter guidance was amiss.
| | | | | | | Researcher ARC Advisory Group says the worldwide enterprise software market continued its year-over-year growth in the second quarter of 2014, helped by a plus-5% appreciation in the euro vis-à-vis the US dollar from Q2 2013 to Q2 2014, which boosted US-dollar value (euro-denominated) sales. | | | | | | | Miners with tailings and rock dump facilities have been facing further scrutiny of late with a few high-profile breaches making regulators even more jittery than usual. | | | | | | | Technologies such as automation, augmented reality and real-time diagnostics, combined with mining's cost, productivity and safety business drivers, may already have the industry in advanced mining countries at a tipping point in terms of the need to fundamentally change asset maintenance processes. | | | | | | Australia's Northern Star Resources was confident of extending the mine life at its newly acquired Jundee operation in the Northern Goldfields region of Western Australia after hitting some significant mineralisation in a new area of the mine | | | | | | Oracle Coalfields, the AIM-listed developer of a lignite coal mine and power plant in Pakistan's Sindh province, has signed an engineering, procurement and construction framework agreement with China's SEPCO Electric Power Construction Corp | | | | | | Vale has decided to place its Isaac Plains coal mine in Queensland, Australia, on care and maintenance at the start of next year, "as the operation is not economically feasible under current market conditions", it said | | | | | | Operations at Freeport McMoRan's Indonesian subsidiary have been halted following an accident that killed four workers and injured five | | | | | | | | |  |  | Not a subscriber? Start a FREE trial to view these articles and more premium content. | | | | | |  | | | Latest Supplement | | | | 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). | | With the Western Australian (WA) Department of Mines and Petroleum (DMP) and the WA Department of State Development (DSD) located in Perth, the State Government is supported by 11 offices in key global export and investment regions. | | | | |  | | Company profile | | | Euromax Resources is a gold and copper development Company with assets in South East Europe.
| | | | | |  | | Professional placements | | The Prospectors & Developers Association of Canada (PDAC) is seeking an Executive Director (ED) to oversee its operations from its headquarters in Toronto, Ontario | | | | | | |  | | Events update | | October 7-9, 2014, Moscow, Russia | | | | | December 1-5, 2014, Business Design Centre, London, UK | | | | December 10-12, 2014, The Grand Hotel & Suites Toronto, Canada | | | | February 9-12, 2015, Cape Town, South Africa
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