Member Info for Cowichan

Excellent advice goldgnome.

Here's my 'cleansing' contribution to ideas actually worth your time :-)

https://www.ted.com/talks/bj_miller_what_really_matters_at_the_end_of_life/transcript?rid=tHzWo4CbCvoG&utm_source=recommendation&utm_medium=email&utm_campaign=explore&utm_term=watchNow

Egypt currently has only one commercial gold mine, Sukari, which is overseen by Josef El-Raghy, Chairman of AIC Mines Ltd...

Many companies have a share in Sukari including, Barrick Gold, UK-based Altus Strategies, and Canada-based B2Gold. Most of the gold exchange goes through the US-based iShare Gold Corporation...

A year after this first bid for Sukari went through under the new legislation, five new contracts have been formed...

https://sputniknews.com/africa/202104241082711695-egypt-looks-to-spur-investment-with-high-potential-gold-mining-contracts/

My Thoughts: No wonder Centamin's market cap is languishing - analysts don't have a clue, media is equally inept & our PR team still has cotton in their mouth

Friday, 23 April 2021

Konkéra, Burkina Faso — Scattered showers possible : 42 ° C

Marsa Alam, Egypt — Nice with plenty of sun : 30° C

Must be the cooling Red Sea breeze... have an enjoyable weekend all

https://www.weatheravenue.com/fr/africa/bf/sud-ouest/konkera-meteo-15-jours.html

https://youtu.be/Da75IrgnOdI

My Thoughts: Better Centamin open a few mines and provide safe, environmentally friendly gold extraction than what you'll see in this video.

Again I must disagree with you Ian.B
pi's 'badgering' successfully dethroned the last CEO & likely prevented a takeover from Endeavour

Project Manager (Mining / Contractor / Open Pit / Gold / PMP / Expat) – West Africa

Project Director (Engineering / French Speaking / Construction ) – West Africa

My thoughts if this is related to Centamin --> We've got some experienced mining veterans on this chat board - why not apply ? We could use a dependable inside man ;-)

https://caglobal.catsone.com/careers/37783-CA-Mining-EN/jobs/14220770-Project-Manager-Mining-Contractor-Open-Pit-Gold-PMP-Expat-%E2%80%93-West-Africa

Strong open pit experience
Previous Project Management experience essential
Strong mining contractor experience
Must have gold mining experience

https://caglobal.catsone.com/careers/37783-CA-Mining-EN/jobs/14220752-Project-Director-Engineering-French-Speaking-Construction-%E2%80%93-West-Africa

Overseeing all onsite and offsite construction

Burkina Faso has had 15+ mines built in the last 15 years. So, no - I do not agree it's an issue on their side of the ledger. However it is true that our new CEO is not responsible for the protracted delay thus far — but it will be up to him to make the corrections.

Still no info about West Africa mine plans —
Centamin shareholders deserve transparency to make informed decisions, esp. those holding 10+ years who've been promised 'updates' quarter after quarter after quarter

https://twitter.com/DonLawson_/status/1385261173847695363

Not even the 'professional' mining analysts are asking about this - instead these professionals ask about data already provided in the Q1 report. 'Tell me again about the material movement in the pit...' These analysts are categorically useless...

https://youtu.be/coHC_9ApBdg

Gold financier Frank Giustra versus MicroStrategy CEO Michael Saylor in the ultimate gold vs bitcoin battle.

Who won?

Interesting insight into our CEO Martin Horgan - he competed to obtain (buy) the Block 14 Gold Project (now owned by Orca Gold) in northern Sudan (just across the Egyptian border) while he was running Toro. So he's been very interested in developing a mine in the Nubian shield since the mid 2010's

I think that bodes well for his belief in & future plans for Egypt

You can have a listen here (skip to 50 minutes in)

There's also good conversations regarding West Africa, ten baggers, management ownership, and such all the way thru

https://podcasts.apple.com/us/podcast/ri-podcast-ep39-rick-clark-montage-gold-orca-gold/id1395299172?i=1000501983895

https://www.youtube.com/watch?v=cc5YJZcswvI

Apr 19, 2021

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, met with the recently-appointed Canadian ambassador to Cairo, Louis Dumas, to explore the possible means to develop and boost the mining sector in Egypt especially after the success of the recently-launched international gold tender.

He also noted that at several Canadian companies were awarded gold exploration blocks in the international tender launched last year.

https://en.amwalalghad.com/canadian-companies-are-eying-egypts-mining-sector-with-interest/

A bit of weekend reading for those interested.

http://wer.worldeconomicsassociation.org/files/WEA-WER-7-Wray.pdf

“For many centuries, how many we do not know, the principal instrument of commerce
was neither the coin nor the private token, but the tally, (Lat. talea. Fr. taille. Ger.
Kerbholz), a stick of squared hazel-wood, notched in a certain manner to indicate the
amount of the purchase or debt. The name of the debtor and the date of the transaction
were written on two opposite sides of the stick, which was then split down the middle in
such a way that the notches were cut in half, and the name and date appeared on both
pieces of the tally. The split was stopped by a cross-cut about an inch from the base of the
stick, so that one of the pieces was shorter than the other. One piece, called the ‘stock,’
was issued to the seller or creditor, while the other, called the ‘stub’ or ‘counter-stock,’ was
kept by the buyer or debtor.
Both halves were thus a complete record of the credit and debt and the debtor
was protected by his stub from the fraudulent imitation of or tampering with his tally.”

And silent are the posters predicting Centamin's imminent drop to 90p

Enjoying the serenity - long may it last!

Job Description:
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.

Responsibilities:
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.

Qualifications:
10 years’ experience in process engineering with at least 5 years in gold mining environments.
5 years’ experience in pressure oxidation / POX processing methods.

https://caglobal.catsone.com/careers/37783-CA-Mining-EN/jobs/14195264-Process-Engineer-POX-Pressure-Oxidation-Gold-Metallurgist-Chemical-Engineer-%E2%80%93-West-Africa

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.”

https://www.proactiveinvestors.com.au/companies/news/945863/capital-gears-up-for-drilling-revenue-growth-in-west-africa-945863.html

Hi Marmot74 -
An Endeavour tie-up is an intriguing idea - would give Sibanye exposure to a whole new group of investors on the TSE and perhaps London.

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

https://www.nasdaq.com/articles/dealtalk-flush-from-soaring-platinum-prices-sibanye-stillwater-hunts-for-gold-2021-04-08

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...

https://www.kitco.com/news/2021-04-06/U-S-Mint-sells-412K-ounces-of-gold-coins-in-Q1-best-start-to-the-year-since-1999.html

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).

https://twitter.com/VukasinPekovic/status/1378733997530943492

My Thoughts: The question is 'acquirers' of what - the WA assets?? I really hope not!