miércoles, 8 de octubre de 2014

EMEA: Financier at the rockface; mining needs paradigm shift; Zambia’s bumpy road

Mining Journal
Mining Journal
EMEA
Wednesday, October 8, 2014
Andrew Mackenzie
George Rogers has seen a lot in the years he's been in the mining finance game. Now set up independently, he is on a mission to get smaller explorers and developers fairer funding deals for projects.
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Andrew Mackenzie
With many gold producers already struggling to make ends meet in the current price environment it is little wonder the market is yet to take to a company recovering the yellow metal at the less than glamorous end of the chain.
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Andrew Mackenzie
"The conventional view serves to protect us from the painful job of thinking." – John Kenneth Galbraith
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Andrew Mackenzie
Without doubt one of the oddest annual events held anywhere in the world is Africa Down Under (ADU), a conference about the African mining industry held in the Australian city of Perth.
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Andrew Mackenzie
It's not been a great month or so for Zambia's mining industry. Given the "vision" for the immediate future spelt out by the country's mines, energy and water minister, Christopher Yaluma at an Australia conference at the start of September, it's the sort of month Zambia can ill-afford as it looks to double the sector's contribution to GDP over the next five years.
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Andrew Mackenzie
East African economy seeks diversification of its minerals production base
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Andrew Mackenzie
India set to lead new colonialist wave as miners look for investors to alleviate infrastructure barriers
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Andrew Mackenzie
A recent joint report by ITRI and Greenfields Research entitled 'New Tin Supply' analyses 70 tin-mine projects, assessing their geological and technical merits and making calculations on potential operating and capital costs.
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Andrew Mackenzie
Global economic slowdown and lower uranium and coal prices hit emerging nation
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Andrew Mackenzie
Mining companies are failing to step up to the plate by providing digital leadership at a time when operational efficiencies are vital if businesses are to withstand the downturn, not to mention prosper in an era when technological edge is critical.
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Andrew Mackenzie
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.
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Andrew Mackenzie
BT Global's deeper push beyond networked services into the operations 'space' in mining is gathering momentum, according to two senior figures in the major telco, with a new deal connecting it to Rajant Corporation certainly signalling its intent to grow the mining part of its energy and resources business.
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Toronto Stock Exchange Venture-listed Roxgold Inc has secured US$75 million of debt for its Yaramoko gold project in Burkina Faso from Societe Generale and Credit Suisse
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Gem Diamonds has sold the 198ct white diamond that it recovered on August 5 from its Letšeng mine in Lesotho for US$10.6 million, or US$53,746/ct
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The Johannesburg Stock Exchange has introduced a fast-track secondary listing procedure for companies with a primary listing on the Australian, London, New York, NYSE Euronext, or Toronto stock exchanges
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The London Metal Exchange (LME) has increased the average transaction fee by an average of 34% as it seeks to support its "ongoing programme of investment which is transforming the business"
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London Mining said it was in detailed negotiations with a potential strategic investor as it admitted it did not have sufficient liquidity to enable it to continue trading without raising further finance
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A decision on the York potash project is expected in January 2015
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Anglesey Mining has published a resource estimate for its Grangesberg iron-ore mine in Sweden
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West African focused Amara Mining has increased the resource base at its Yaoure gold project in the Ivory Coast, following a substantial amount of infill drilling
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