Petro Matad CEO Mike Buck confirmed that he believes the Exploitation Licence for Block XX in Eastern Mongolia is likely to be awarded in Q2. Watch the full video here.
Our client is in need of a qualified Process Engineer with a background in pressure oxidation gold processing to join their team in West Africa.
Provide a holistic process engineering function from design to operational aspects.
Plan, control and manager all process engineering activities.
Assisting other departments with process design.
Carrying out process evaluations and developing process concepts.
Assisting in technical evaluation of process plant equipment.
Mentoring and training subordinates.
10 years’ experience in process engineering with at least 5 years in gold mining environments.
5 years’ experience in pressure oxidation / POX processing methods.
Mon 12 Apr 2021
“We’ve got another 13 rigs that are going into contracts in Tanzania and Egypt and then a few more rigs going into Egypt and West Africa – so it’s going to be a big year for rig growth.”
JOHANNESBURG, April 7 (Reuters) - Precious metals miner Sibanye-Stillwater SSWJ.J is at the centre of deal talks in the gold sector
A Sibanye spokesman said the miner is interested in a mid-tier gold company with more than 1 million ounces in annual output and operations outside South Africa
He declined to comment on whether it was already in talks with any companies.
With a market value of 195 billion rand ($13.39 billion) Sibanye, which gets less than 20% of its earnings from gold currently, wants to attract a broader shareholder base.
"You can do 10 small transactions but that's probably going to take you 10 years. Or you could do one or two large transactions and significantly increase your size and become relevant," Froneman said last month at a mining roundtable
Sibanye has long wanted to boost its gold exposure outside South Africa, where declining grades and persistent power outages pose challenges
U.S. Mint sees its best start to the year and the best quarterly sales in more than 20 years...
Sales data compiled by the U.S. mint shows that 412,000 ounces in various denominations of American Eagle Gold bullion coins were sold in the first quarter of 2021, up more than 88% from the first quarter of 2020.
Also, in February, Comex delivered 113 tonnes of physical gold to investors, which is about five times the historical average...
They [Centamin] also refused a $1.9 billion takeover. I've had the chance to briefly talk to Rick Rule and he commented on Centamin as "cheap, refused a takeover but have willing acquirers on the side"(paraphrased comment).
My Thoughts: The question is 'acquirers' of what - the WA assets?? I really hope not!
MUMBAI (Reuters) - India’s gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told Reuters on Thursday, as a reduction in import taxes and a correction in prices from record highs drew retail buyers and jewellers.
India imported a record 321 tonnes in the March quarter, up from 124 tonnes a year ago, the source said.
Building & updating talents pool by searching & contacting with community service associations, colleges, internet sites, professional recruiters, etc. to minimize the recruitment time.
Creating job posts & advertising them through recruitment portals to ensure filling all the vacant positions within the agreed upon SLA....
Hopefully this is an indication we're gearing up for a quick expansion on the new concessions
On page 22 there is a project pipeline 'pyramid' showing Batie West in Burkina Faso as the project closest to implementation - that is a switch from past management comments which indicated Doropo in Cote D'ivoire being closest to development...
Part of the renewal process should be to find a new PR firm asap. #Centamin is literally unknown to investors in Canada - just look at TSX trading volume
When a major publication https://tinyurl.com/ku52phn2 overlooks your presence in West Africa something is lacking --> @Buchanan_PR
Engaging Centamin on social media can make a difference. I got a phone call from IR just days after I commented on one of their previous posts. And that's after emails to IR being ignored for years!
LUXEMBOURG, March 30, 2021
La Mancha Holding s.a.r.l. is pleased to announce the closing of the US$200 million subscription to Endeavour Mining Corporation ("Endeavour") (TSX:EDV) shares.
The placement was announced on November 16, 2020 in connection with Endeavour's combination with Teranga Gold Corporation.
Following completion of the subscription on March 30, 2021, La Mancha has received 8,910,592 common shares of Endeavour, at a unit price of approximately CAD $29.361 per share.
Endeavour's closing price today was $ 24.20 CAD
That's gotta sting, even for a Billionaire
Stock valuations vs real assets indicate bubble. Expect rebound for #gold & other real assets (and/or stock market rout!)
A major report gets published on exploration & mining in West Africa and somehow every 2 cent miner and his dog gets a mention but not Centamin?!
Notable Exploration & Development and Mining Companies Involved in West Africa
Abosso Goldfields Ltd
Alliance Miniere Responsable Sas
Aluminum Corporation of China Ltd
Amr Gold Ltd
Anglogold Ashanti Ltd
Avesoro Resources Inc.
Balaji Group of Companies
Barrick Gold Corporation
Compagnie Des Bauxites De Guinee
Compagnie Des Bauxites De Kindia S.A.
Endeavour Mining Corporation
Ghana Bauxite Company Ltd
Ghana Manganese Company Ltd
Gold Fields Ghana Ltd
Golden Star Resources Ltd
Guinea Alumina Corporation S.A.
Guineenne Des Mines
Hummingbird Resources plc
Keras Resources plc
Kinross Gold Corporation
Multiverse Mining and Exploration plc
Newfield Resources Ltd
Newmont Ghana Gold Ltd
Nord Gold S.E.
Perseus Mining (Ghana) Ltd
Resolute Mining Ltd
Shiloh Manganese S.A.
Sierra Mineral Holdings 1 Ltd
Sierra Rutile Ltd
Societe Des Mines Du Liptako S.A.
Societe Miniere De Boke
Teranga Gold (Australia) Pty Ltd
Thor Explorations Ltd
Trevali Mining Corporation
United Company Rusal, International Public Joint-Stock Company
Vedanta Resources Ltd
West African Resources Ltd
It is possible that Centamin's Batie West / Konkera holdings are the largest known gold deposit in Burkina Faso yet somehow it gets repeatedly overlooked.
If one thing needs to change it certainly is our PR representative Buchanan UK - their tagline is ' building and protecting business reputations across four decades... ' well, they've done nothing for Centamin's stature or exposure in the decade past - let's not entrust them with our future success... https://buchanan.uk.com/
"Single asset companies experienced on average a 125% share price appreciation between announcing the start of construction and reaching commercial production"
screen shot of chart here --->>
original from page 13 here --->>
Also, Centamin has multiple catalysts - expansion in Egypt & West Africa simultaneously...