K92 Mining
K92 Mining has started to monetise the Kainantu Gold Project and identified major opportunities to expand production Writer: Tom WadlowProject Manager: Donovan SmithMining is a mainstay of Papua New Guinea’s economy. Despite facing challenges in the form of fluctuating commodity prices and challenging natural conditions, the sector continues to contribute around a third of the country’s entire GDP. Indeed, PNG is home to a diverse basket of minerals, including gold, copper, silver, nickel and cobalt, and has been increasingly exploiting these resources since the 1970s. The nation’s mining industry has piqued the interest of many investors, and there is room to expand further via large-scale projects. One such development is the Kainantu Gold Project, situated in the Eastern Highlands province around 180 kilometres northwest of Lae. Operated by K92 Mining since March 2015, it covers a total area of approximately 410 square kilometres and was previously mined by Highlands Pacific and Barrick Gold from 2006 to 2009. While infrastructure surrounding mines has proven to be a challenge of operating in PNG, Kainantu is well supported both in terms of on-site and regional access thanks to underground mine development, a mill processing facility, staff housing, a licensed tailings pond, office space, paved access roads and a reliable hydro supply via a dedicated power line. Going for gold This enabled K92 to begin commercial production in February 2018 through its opening at Kora North. The third quarter of 2018 saw production from the Kora deposit of 9,910 ounces of gold equivalent (AuEq). This was achieved despite having a period of three weeks in July when ore production…
Crypto Mining and Money 2018
Cryptocurrencies and the blockchain technology that underpins it are transforming the way the world does business. Crypto Mining and Money is a one-day summit, on 3 April, 2018 in Hong Kong, bringing together investors, crypto miners and providers of blockchain technology to discuss the business of crypto mining and mining pools.Featuring speakers such as Frank Holmes (US Global Investors CEO and CIO and Chairman of HIVE Blockchain Technologies), HongZhuang Lim (Founder of XSQ Pte Ltd.) and Jehan Chu (Managing Partner of Kenetic Capital); Crypto Mining and Money will enable investors and crypto mining experts to exchange ideas and learn how to capitalise on the blockchain revolution.Attendees will hear leading case studies from mining pools and crypto mining experts and listen to in-depth discussions of cryptocurrency regulatory issues as well as a detailed analysis of the underlying blockchain technology and its potential for the future.The one-day summit, which is co-located with Mines and Money Asia, will facilitate networking between investors and crypto miners; including roundtable discussions, a networking lunch and delegate cocktail reception.For more information on Crypto Mining and Money, to book or claim your complimentary investor pass please visit the website.
Mines and Money Asia
As the electric vehicle revolution continues to emerge, battery metals such as lithium, cobalt and graphite are seeing significant price increases, and metals such as copper and nickel have seen a new lease on life.Gold, precious and base metals; as well as battery metals that are driving the future of energy will be at the fore of the agenda at the upcoming Mines and Money Asia event set to take place in Hong Kong from April 3-6.As Asia’s largest mining and investment forum the event will feature more than 150 mining and investment leaders sharing their knowledge, experience and expert insights to more than 1,500 delegates on how they can best capitalise on the next mining boom being driven by the electric vehicle revolution and China’s Belt and Road initiative.Speakers such as China International Capital’s Research Department Managing Director, Hongyu Cai, Jinjiang Mining Fund’s Managing Partner, Biao Chen and Top Resources Group’s Managing Director, Norman Ting will delve into the opportunities that Belt and Road is creating for mining companies and investors; with a detailed discussion on infrastructure challenges, and timelines for rollout.Furthermore, the two-and-a-half day exhibition that runs concurrently to the conference will feature more than 80 mining and energy companies showcasing their latest exploration projects to more than 600 prospective investors. With exhibitors from around the globe and across the commodity spectrum including Nemaska Lithium, North American Nickel, Tirupati Graphite, Merdeka Copper Gold and many more.With last year’s event seeing more than 59 percent of attendees generating new business and 41.4 percent reporting to…
Caution to Investors Looking to Uranium
Investor, modern energy expert and author of ‘My Electrician Drives a Porsche?’, Gianni Kovacevic cautions investors looking to uranium.Mr Kovacevic, speaking ahead of his appearance at Mines and Money Asia in Hong Kong this April, said it is becoming more and more difficult to see serious long-term demand for the commodity.“There are 447 nuclear reactors and investors are always told about the 60 reactors under construction and the some-200 that are ‘proposed’ and ‘planned’,” he said. “What they usually fail to mention, are the 300 reactors, of the 447, that are more than 30 years old. Or, the 85 reactors in the USA that were extended, again, to 2034 as the cost to shut them down is so punitive. “India derives 2.1 percent of its electricity from nuclear and China about three percent. The facts have changed, and they are taking an all options approach, and that is looking less and less like nuclear as the big growth pillar even if they do some construction” he said. “That being said, we do need to produce uranium and if the producers of note keep that balance, there should be a margin for that product, because nobody in that business makes money at $25/lb Uranium.”Looking toward other commodities for investment, Mr Kovacevic stated that the future of all ground transportation is going to increasingly be electrified; cars, trucks, delivery vehicles, car sharing, taxis, buses and even more railroads are moving from diesel to electric.Mr Kovacevic said that lithium cobalt and graphite have become buzzword commodities but we need to see how…
Malaco Group
The Malaco Group is focused on obtaining key partnerships to further the development of the mining industry, while maximising shareholders returns in a sustainable manner Writer: Phoebe Calver More than ever it is becoming increasingly important for investors to find a sustainable business in which to make an investment, and with the help of advancing technology there is huge potential for businesses and investors to successfully collaborate.The Malaco Group’s main objective at present is to procure and develop the profitability of the Company through partnerships such as those mentioned above.At present the demand for raw commodities has been increasing, resulting in companies such as Malaco experiencing vast developments in the natural resource industry it operates within.“The demand that is especially noticeable at present is what first attracted our attention to invest in mining and lead to the establishment of MMSB in 2004,” begins the Company on its website. “Through this development for the Group, we began to undertake mining projects in the Asia-Pacific region and focusing especially on Malaysia and Australia.”Following on from the successful projects the Malaco Group has undertaken over the years, it has recently welcomed new astute investors and business partners into the brand to invest in its work moving forward.Malaco believes that in order to best achieve our corporate goals we need to operate according to the principles of sustainable development, that is, to maintain access to capital, markets and resources, and to run profitably.With thanks to its many years of experience within the industry, the Company has been able to formulate the following…
Indodrill
Indodrill is recognised and respected for its high quality and safe drilling services across Asia and further afield, collaborating with a wide range of clients across multiple industriesWriter: Phoebe CalverProject Manager: Donovan Smith Advancements within the drilling industry have been extensive during the past two decades, with thanks to a huge drive to make rigs more capable, efficient, easier and safer to operate.Indodrill was first established in 1995 - just as the mining industry was beginning to evolve - the Company initially set up operations as a core driller to service the Indonesian minerals industry.Within a short few years, Indodrill had grown its range of services to provide geothermal drilling services, as well as reverse circulation drilling services. 10 years into its journey, the Company made its first foray overseas in order to service a contract for Oxiana in Laos. “Since that point in time we have continued to expand at a rapid rate, moving our operations into Cambodia, Philippines, Malaysia, Myanmar and more recently Australia and Papua New Guinea,” begins Jason Lee, Chief Executive Officer at Indodrill. “Our first strategy in achieving this growth has been to ensure that we are able to maintain our standards of service in every new country we set-up in, and importantly make sure we’re able to deliver excellent performance to our clients.”“Alongside the technical advancements that we have been witnessing of late, there has also been a mass influx in developments on drilling techniques, supply chain management and safety and performance reporting.”Through the delivery and maintenance of safe and professional standards…
Mining Investment Asia 2018
Mining Investment Asia is a strategic mining conference and exhibition for the leaders of the mining, quarrying and construction materials industries, bringing together 800 attendees from 35 countries.Ministers, mining companies, investors and service providers travel from all over Asia, Africa, Europe, North America and Middle East for three days of partnering, networking and business matching in Singapore. As one of the world’s leading financial hubs, Singapore is the ideal location to attract mining companies, investors and their partners from across the entire region.At the conference, various topics such as key issues disrupting and innovating the mining sector, insights on the mining landscape, mining finance, and business strategies will be discussed. Mining Investment Asia will bring in top-notch business thought leaders to share their insights with the delegates; including via Mining Investment Go, an interview with mining’s leading investor for exclusive market insights. The conference will also provide plenty of networking opportunities through roundtable discussions, a cocktail drinks reception, online business matching application, and an exclusive ‘Meet the Speakers’ Dinner.Women in Mining DayFollowing the successful launch of Women in Mining Day in 2017, Mining Investment Asia will once again shine the spotlight on inclusion and diversity with Women in Mining Day on 26 March, 2018, bringing together likeminded companies, individuals and organisations to champion the cause of women in mining and address the gender imbalance in the mining sector.Besides the conference, the exhibition also provides a great opportunity for mining technology, equipment and services companies, miners and governments to expand connections, launch new products and forge new business…
Mining Investment Middle East and Central Asia
Mining Investment Middle East and Central Asia is a strategic mining conference and exhibition for leaders of the mining, quarrying and construction materials industries. Following a successful launch in Muscat, Oman in 2016, the second edition is expected to bring together 350 attendees from 25 countries.Ministers, mining companies, investors and service providers will travel from all over Middle East, Asia, Europe, Africa and Americas for two days of partnering, networking and business matching in Muscat, Oman. As one of the major mineral rich countries in the Middle East, Oman is the ideal location to attract mining companies, investors and their partners from across the entire region.At the conference, various topics such as key issues disrupting and innovating the mining sector, insights on the mining landscape, mining finance and business strategies will be discussed. Mining Investment Middle East and Central Asia will bring in top notch business thought leaders to share their insights with the delegates. The conference will also provide plenty of networking opportunities through roundtable discussions and meal receptions.Besides the conference, the exhibition also provides a great opportunity for expanding connections, launching new products and forging new business partnerships. With key buyers and industry leaders conveniently located under one roof, it is also an excellent branding platform.Mining Investment Middle East and Central Asia is organised by Spire Events (Singapore) and is part of the global Mining Investment Series which has 12 conferences spanning across five continents. The full calendar of the latest conferences can be found at www.spire-events.com. WHEN: 9-10 OctoberWHERE: Sheraton Hotel, Muscat, OmanWEBSITE: https://www.mininginvestmentmiddleeast.com/
Hevilift
Implementing a vision to provide aviation services safely and efficiently, with a commitment to provide best in-class skill and flair in every project Writer: Phoebe CalverProject Manager: Arron Rampling Hevilift Ltd is a Papua New Guinea (PNG) based company with 100 percent PNG ownership, with Landowner content. Hevilift has one of the most advanced and diverse fleet of fixed wing and rotary wing aircraft in the industry, driven by a highly experienced team and a desire to provide top-class service.There is an evolution occurring within PNG at present, and the Company has subsequently adapted its continuous improvement strategy to ensure it keeps up-to-date with the ever-changing market.“Twice a year our management team will sit down together and look into our efficiencies, including staff and the calibre of those staff,” explains Peter Cannon, Chief Executive Officer at Hevilift. “We work hard to hire people who possess the right experience, meaning we start with our local market, then regional and then if need be we look a little further afield.”Making the right senior management selection is important to Hevilift and recently the Company has demonstrated this with the addition of a Chief Pilot from North America.“We choose the senior roles by analysing experience in the industry we will predominantly be working with, alongside years of contract and similar experience,” adds Cannon. “A vital part of continuous improvement through our staff is training and upskilling our national staff, and bringing in industry experts from all over the world to vastly improve our team.“Whether it is pilots or engineers, through adopting this…
Mining Investment India
Mining Investment India (www.mininginvestmentindia.com) is a strategic mining conference and exhibition for leaders of the mining, quarrying and construction materials industries, bringing together 350 attendees from 35 countries.Ministers, mining companies, investors and service providers travel from all over Asia, Europe, Africa, Americas and Middle East for three days of partnering, networking and business matching in New Delhi. As one of the major South Asian commercial hubs, New Delhi is the ideal location to attract mining companies, investors and their partners from across the entire region.At the conference, various topics such as key issues disrupting and innovating the mining sector, insights on the mining landscape, mining finance and business strategies will be discussed. Mining Investment India will bring in top notch business thought leaders to share their insights with the delegates. The conference will also provide plenty of networking opportunities through roundtable discussions and a cocktail drinks reception.Besides the conference, the exhibition also provides a great opportunity for expanding connections, launching new products and forging new business partnerships. With key buyers and industry leaders conveniently located under one roof, it is also an excellent branding platform.This event has already attracted key ministerial, mining and investor speakers and sponsors from India and beyond. Mining Investment India is organised by Spire Events (Singapore) with local partner, Chamber of Commerce and Industry (CCI) of India. It is part of the global Mining Investment Series. A full calendar of the latest conferences can be found at www.spire-events.com. WHEN: 24-25 JulyWHERE: India International Centre, New Delhi, IndiaCONTACT: karen.boh@spire-events.comWEBSITE: www.spire-events.com
