Newmont Mining Corporation - Climate Change 2018

Total Page:16

File Type:pdf, Size:1020Kb

Newmont Mining Corporation - Climate Change 2018 Newmont Mining Corporation - Climate Change 2018 C0. Introduction C0.1 CDP Page 1 of 59 (C0.1) Give a general description and introduction to your organization. Newmont Mining Corporation (“Newmont”) is a leading gold and copper producer. The Company was founded in 1921 and has been publicly traded since 1925. Headquartered in Greenwood Village, Colorado, Newmont has approximately 24,700 employees and contractors with operations primarily in five countries on four continents around the world. Newmont is the only gold company listed in the S&P 500 index. Newmont’s 100 percent-owned operating assets as of year-end 2017 include the Boddington and Tanami mines in Australia; Ahafo and Akyem operations in Ghana; and the Cripple Creek & Victor (CC&V) mine in Colorado and four operating complexes (Carlin, Long Canyon, Phoenix and Twin Creeks) in Nevada. Operations where Newmont owns 50 % or more and/or is the manager or operator include KCGM in Australia (50 %); Yanacocha in Peru (54.05 %); and Merian in Suriname (75 %). In June 2018, Sumitomo Corporation acquired a 5% stake in the Minera Yanacocha SRL (Yanacocha) partnership. As a result of the transaction, Newmont now holds a 51.35% ownership share of Yanacocha as of June 20, 2018, however all responses in this questionnaire reflect Newmont's share as of year-end 2017. Our commitment to build a more successful and sustainable business is reflected in our Purpose - To create value and improve lives through sustainable and responsible mining. Our five core values - Safety, Integrity, Sustainability, Responsibility, and Inclusion -- are the cornerstone of what we believe and what we do. Strategy: Our business strategy serves as a blueprint for sustainable value creation. In 2017, we shifted our strategic pillars to reflect our performance and focus on a longer-term horizon. Our operations are safer and more efficient, and we have made continuous improvement a way of life through our Full Potential program. As a result, our first pillar has changed from improving the underlying business to delivering superior operational execution. The second pillar shifts from strengthening the portfolio – which we have done by selling $2.8 billion in non-core assets and reinvesting in profitable growth – to sustaining a global portfolio of long-life assets. We have delivered top quartile total shareholder returns, demonstrating our ability to create value for shareholders, so now we are focused on leading the gold sector in profitability and responsibility. Five strategic pillars -- Health and Safety, Operational Excellence, Growth, People, and Sustainability and External Relations -- form the basis of our business plan; create alignment across regions, sites and functions; and establish the objectives by which we measure our performance. Significant changes to the business in 2017 included: • Completing and initiating a number of profitable expansion projects: • Added profitable production and supported ongoing exploration in Australia through the Tanami expansion project, which reached commercial production safely, on time and on budget; • Increasing plant capacity by more than 50 percent and extending profitable production through two projects at Ahafo in Ghana – the Subika underground mine and the mill expansion; • Expanding the Twin Creeks resource in Nevada through the underground project, which began mining high-grade ore in 2017 and is expected to reach commercial production in mid-2018; and • Extending Yanacocha’s mine life to 2027 with the approval of the Quecher Main project in Peru. • Strengthening our long-term growth pipeline through investments and exploration opportunities: • Supported near-term development of the high-grade Buriticá gold project in Colombia through a $109 million investment for 19.9 percent ownership of Continental Gold Inc.; • Reached an agreement that allows us to earn up to 80 percent equity in a prospective gold district – Plateau – in Canada’s Yukon Territory; and • Announced an agreement to further explore the prospective Esperance gold discovery in French Guiana, owned by Compagnie Minière Esperance (CME). • Transitioning to new operational leaders in Australia and South America regions; • Announcing the move of our South America regional headquarters from Lima to Miami to improve how we support the broader region including operations in Suriname and Peru and exploration activities and investments in French Guiana and Colombia; and • Purchasing the International Finance Corporation’s 5 percent equity stake in Yanacocha for $48 million in December 2017, which increased our ownership in Yanacocha to 54.05 percent (from 51.35 percent). In 2017, we produced 5.7 million consolidated ounces of gold, which is sold to international bullion banks. Newmont also produced 113 million consolidated lbs of copper and an unreported amount of silver. For more details, visit our online newsroom and our 2017 10-K report. In general, this response omits data for assets divested or acquired in 2017, non-managed JVs, exploration activities, projects or closed sites. References are included when they are material and provide context. CDP Page 2 of 59 C0.2 (C0.2) State the start and end date of the year for which you are reporting data. Start date End date Indicate if you are providing emissions data for past Select the number of past reporting years you will be providing reporting years emissions data for Row January 1 December 31 No <Not Applicable> 1 2017 2017 Row <Not <Not <Not Applicable> <Not Applicable> 2 Applicable> Applicable> Row <Not <Not <Not Applicable> <Not Applicable> 3 Applicable> Applicable> Row <Not <Not <Not Applicable> <Not Applicable> 4 Applicable> Applicable> C0.3 (C0.3) Select the countries/regions for which you will be supplying data. Australia Ghana Peru Suriname United States of America C0.4 (C0.4) Select the currency used for all financial information disclosed throughout your response. USD C0.5 (C0.5) Select the option that describes the reporting boundary for which climate-related impacts on your business are being reported. Note that this option should align with your consolidation approach to your Scope 1 and Scope 2 greenhouse gas inventory. Operational control C-MM0.7 (C-MM0.7) Which part of the metals and mining value chain does your organization operate in? Row 1 Mining Copper Gold Processing metals Please select CDP Page 3 of 59 C1. Governance C1.1 (C1.1) Is there board-level oversight of climate-related issues within your organization? Yes C1.1a (C1.1a) Identify the position(s) of the individual(s) on the board with responsibility for climate-related issues. Position of Please explain individual(s) Board Chair Joseph A. Carrabba, Chair of the Safety and Sustainability Committee of the Board of Directors, with direct oversight for climate-related issues. (on board since 2007) . Director on board Gregory H. Boyce, Board of Directors and Safety and Sustainability Board Committee member, with direct oversight for climate-related issues (on board since 2015). Director on board Noreen Doyle, Board of Directors and Safety and Sustainability Board Committee member, with direct oversight for climate-related issues (on board since 2005). Director on board Sheri E. Hickock, Board of Directors and Safety and Sustainability Board Committee member, with direct oversight for climate-related issues (on board since 2017). Director on board Jane Nelson, Board of Directors and Safety and Sustainability Board Committee member, with direct oversight for climate-related issues (on board since 2011). Director on board Molly P. Zhang, Board of Directors and Safety and Sustainability Board Committee member, with direct oversight for climate-related issues (on board since 2017). C1.1b CDP Page 4 of 59 (C1.1b) Provide further details on the board’s oversight of climate-related issues. Frequency Governance Please explain with mechanisms which into which climate- climate- related related issues issues are are integrated a scheduled agenda item Scheduled Reviewing and The Safety and Sustainability Committee of the Board of Directors has direct oversight for climate change, GHG emissions, energy – some guiding and water -related issues, all of which align with our broader Global Climate and Energy strategy. Quarterly performance (progress to meetings strategy internal and external GHG emission reduction targets), energy and climate strategy implementation and compliance is reported to the Reviewing and CEO and the Executive Leadership Team as well as the board. Annual progress reports on implementing the global climate strategy, guiding major risks, opportunities, challenges and accomplishments are provided to the board's Safety and Sustainability committee members plans of action (named in Q C.1.1a of this response). The executive leadership and board are also involved in reviewing and approving the targets Reviewing and and goals for the global climate and energy strategy. This includes the GHG emissions reduction target to reduce emissions intensity guiding risk by 16.5% from a 2013 baseline by 2020. Additionally, the board and executive leadership team approves capital expenditures related management to implementing the global energy and climate strategy. policies Reviewing and guiding annual budgets Reviewing and guiding business plans Setting performance objectives Monitoring implementation and performance of objectives Overseeing major capital expenditures, acquisitions and divestitures Monitoring and overseeing progress against goals and targets for addressing
Recommended publications
  • Mining Dump Structures Reference List
    MINING DUMP STRUCTURES UPDATE OCTOBER 2012 REFERENCE LIST COUNTRY PROJECT TYPE MAIN FUNCTION HEIGHT [m] YEAR Luzamba Tip Wall Processing 11,4 1992 Catoca I Dump wall Processing 19,0 1995 Catoca II Dump wall Processing 16,0 1995 Catoca Tip Wall Processing 10,5 1996 Angola Escom Mining Tip Wall Processing 11,0 2002 Catoca Phase 1 Tip Wall Processing 13,6 2006 Catoca Phase 2 Tip Wall Processing 13,0 2006 Jopro 004 – Consulmet Tip Wall Processing 9,0 2007 Consulmet 2 Tip Wall Processing 9,0 2008 Veladero Project Dump structure Processing 27,8 2005 Argentina Pirquitas Project Dump structure Processing 18,0 2009 Veladero Project - Plant Expansion 85 KTPD Dump structure Processing 28,5 2009 Eastern Deepdale Pocket/Abutment Dump Structure Processing 16,0 1980 Saxonvale Raw Coal Handling Plant Dump Structure Processing 12,0 1981 Rom Hopper Walls Pacific Coal - Tarong Dump Structure Processing 19,5 1982 Boundary Hill Inpit Dump Wall - Dump Structure Processing 7,8 1982 Load Out Structure - Kangaroo Island Dump Structure Processing 6,0 1982 Mt. Tom Price Dump Structure - - 1982 Boundary Hill Inpit Dump Wall #2 Dump Structure Processing 8,0 1983 Kress Tipping Platform Stage I Dump Structure Processing 4,9 1984 Paddington Gold Project Dump Structure Processing 14,3 1984 Cork Tree Well Gold Mine Dump Wall Dump Structure Processing - 1985 Dump Wall - Cue Dump Structure Processing 8,3 1986 Telfer Mine Dump Structure Processing - 1986 Howick Colliery Temp Dump Wall Dump Structure Processing 8,4 1986 Wiluna Mine Dump Wall Dump Structure Processing - 1986
    [Show full text]
  • Telfer W with Pr 800,000 Copper Signific Resourc
    4420 Newcrest Cover 04 6pp 16/9/04 9:52 AM Page 2 Telfer will be the largest gold mine in Australia, with projected annual production of more than 800,000 ounces of gold and 30,000 tonnes of copper for 24 years, positioning Newcrest as a significant and profitable Australian-based resources business. Newcrest Mining Limited Newcrest – The Sustainable Section 5 Resource Business 1 Sustainability and People 38 Section 1 Health and Safety 40 Our Results 2 Environment 42 Human Resources 43 Performance in Brief 2 Chairman’s Review 4 Section 6 ABN: 20 005 683 625 ABN: Managing Director and Corporate Governance 44 Chief Executive Officer’s Report 5 Board of Directors 45 Newcrest Senior Management 10 Corporate Governance 46 Financial Report 11 Section 7 Section 2 Concise Annual Report 2004 Financials 49 Operations 12 Directors’ Report 50 Cadia Valley Operations 14 Management Discussion and Analysis Ridgeway Gold/Copper Mine 14 of the Financial Statements 56 Cadia Hill Gold/Copper Mine 16 Statement of Financial Performance 58 Toguraci Gold Mine 19 Statement of Financial Position 59 Section 3 Statement of Cash Flows 60 Projects 22 Notes to the Concise Financial Report 61 Directors’ Declaration 68 Telfer Gold/Copper Project 24 Independent Audit Report 69 Cracow 26 Cadia East 28 Shareholder Information 70 Boddington Expansion Project 29 Five Year Summary 72 Section 4 Corporate Directory IBC Exploration 30 Strategy and Review 32 Mineral Resources and Ore Reserves 34 Newcrest Mining Limited Newcrest ABN: 20 005 683 625 Notice of Meeting Notice is hereby given that the 24th Annual General Newcrest Mining Limited Meeting will be held at the Hyatt Regency Hotel, Concise Annual Report 2004 99 Adelaide Terrace, Perth, Western Australia on Wednesday 27 October 2004 at 9.30am.
    [Show full text]
  • Resources and Energy Quarterly June 2020
    10.1 Summary Figure 10.1: US dollar gold price and real US 10-Year Treasury yield . Due to the COVID-19 pandemic and its impacts, the gold price is 2,000 -1.0 forecast to reach an 8-year high, averaging about US$1,630 an ounce 1,800 -0.5 in 2020. An expected global economic rebound is projected to see the 1,600 0.0 price slide to around US$1,510 an ounce in 2022. 1,400 0.5 . Australia’s gold mine production is forecast to reach a peak of 381 1,200 1.0 tonnes in 2021–22, as high prices encourage an expansion in 1,000 1.5 production. cent Per 800 2.0 . The value of Australia’s gold exports is forecast to reach a record $32 billion in 2020–21, driven by higher prices and export volumes, before ounce troy a US$ 600 2.5 declining to $30 billion in 2021–22, as gold prices ease back. 400 3.0 200 3.5 10.2 Prices Jun–04 Jun–08 Jun–12 Jun–16 Jun–20 Gold prices rose strongly in the first half of 2020 US$ gold price Real US 10 Year Treasury bond yield (inverted, rhs) The London Bullion Market Association (LBMA) gold price has risen by 14 per cent so far in 2020, to US$1,727 an ounce on 17 June 2020 — well Source: Bloomberg (2020) above the average of US$1,479 an ounce in the second half of 2019. The US dollar gold price reached a seven and a half year high of US$1,748 an The LBMA gold price is estimated to average US$1,630 an ounce in 2020, ounce on 20 May 2020, benefitting from its status as a safe haven asset an increase of 17 per cent on 2019 (Figure 10.2).
    [Show full text]
  • A Case Study of Newmont Boddington Gold Mine in Western Australia
    Mine Closure 2012 — A.B. Fourie and M. Tibbett (eds) © 2012 Australian Centre for Geomechanics, Perth, ISBN 978-0-9870937-0-7 doi:10.36487/ACG_rep/1208_24_Amoah Long term closure planning for an evolving mine site – a case study of Newmont Boddington Gold Mine in Western Australia K. De Sousa Newmont Asia Pacific, Australia N. Amoah Newmont Asia Pacific, Australia Abstract Newmont Boddington Gold (NBG) mine is located 12 km northwest of the town of Boddington and about 120 km southeast of Perth in Western Australia (WA). Open pit mining of an oxide gold resource commenced at the operations in 1987. In 2008, NBG undertook an expansion program to increase future gold production to one million ounces per annum, potentially becoming the largest gold mine in Australia. Critical to the life cycle of such a large mining operation is the need to ensure that mine closure is well planned in advance and consistently managed throughout operation to minimise future liabilities. For example, the large quantities of waste (waste rock estimated to be over one billion tonnes over the life of the mine), vast open pits and areas for tailings storage and site operational facilities, geographically and ecologically sensitive location and socio-economic issues will all become significant legacy factors during mine closure and post closure stages. To mitigate closure liabilities, Newmont’s internal guidelines have strict requirements for the development and review of closure plans at all stages of mine life with annual analyses of closure liability costs. This is to ensure consistency with life of mine (LOM) plans, changes in operations, stakeholder expectations, regulatory requirements etc.
    [Show full text]
  • Boddington Gold Mine - Extended Basement Operation and Changes to Existing Environmental Conditions
    Boddington gold mine - Extended basement operation and changes to existing environmental conditions Worsley Alumina Pty Ltd Report and recommendations of the Environmental Protection Authority Environmental Protection Authority Perth, Western Australia Bulletin 850 April 1997 ISBN. 0 7309 8027 8 ISSN. 1030 - 0120 Summary This report is to provide Environmental Protection Authority (EPA) advice and recommendations to the Minister for the Environment on the environmental factors relevant to a proposal by Worsley Alumina Ply Ltd (Worsley), through the Boddington Gold Mine (BGM) joint venture, to modify the approvals relating to the company's existing mining operations and to mine basement ore in the same location as Worsley's Boddington Gold Mine. The proposal envisages substantial extension of basement ore mining, the mining of minor oxide ore deposits outside the existing mining area, the construction of an additional residue disposal area, an increase in ore processing and the release of excess water to the Hotham River and Thirty-Four Mile Brook. It is the EPA's opinion that the following are the environmental factors relevant to the proposal: a) declared rare flora, priority flora and vegetation communities; b) threatened fauna, specially protected fauna and priority fauna; c) water resource quality; d) water resource quantity; e) gaseous emissions including greenhouse gases and odours; f) System 6 recommendation area C42 (Duncan MPA); g) landform; and h) mechanisms for environmental management. The EPA is of the view that the proposal should be subject to the environmental conditions which cunently apply to the existing gold mine except where the following recommendations or procedures supersede those conditions.
    [Show full text]
  • Newmont Boddington Gold Closure Plan
    Newmont Boddington Gold Closure Plan M70/21, M70/22, M70/23, M70/24, M70/25, M70/564, M70/799, M70/1031, ML264SA(1), ML264SA(2), G70/215, G70/218, G70/219, L70/28, L70/95, L70/96 Submission Date December 2012 Version Number CR35945 Contact Details Javier Brodalka, Environment Manager Phone: (08) 9883 4251 Email: [email protected] Date Revision Description of Originator Reviewer(s) Approval Revision December ‐ ‐ K. De Sousa M. Durack, S. J. Brodalka 2012 Myles, R. Kok, A. James Newmont Boddington Gold – Closure Plan Closure Plan Checklist No. Mine Closure Plan Checklist Y/N/NA Section Comments 1 Has the Checklist been endorsed by a senior Y Checklist representative within the tenement holder/ operating company? 2 How many copies were submitted to DMP? Hard copies = 2 Electronic copies = 1 Cover Page, Table of Contents 3 Does the cover page include: Y Cover Page Project title Company name Contact details (including telephone numbers and email addresses) Document ID and version number Date of submission 4 Has a Table of Contents been provided? Y Table of Contents Scope and Project Summary 5 State why the MCP is submitted. Y 1.2 6 Does the project summary include: Y Section 2 Land ownership details 2.2 Location of the project 2.1 Comprehensive site plans 2.4 Background information on the history 2.3 and status of the project Legal Obligations and Commitments 7 Has a consolidated summary or registers of Y Section 3 Appendices 1‐3 closure obligations and commitments been included? Data Collection and Analysis 8 Has information
    [Show full text]
  • Independent Specialist Report on the Mineral Assets Held by Avenira Limited
    Independent Specialist Report on the mineral assets held by Avenira Limited Report Prepared for RSM Corporate Australia Pty Ltd Report Prepared by SRK Consulting (Australasia) Pty Ltd AVE001 August 2019 SRK Consulting Page i Independent Specialist Report on the mineral assets held by Avenira Limited Avenira Limited Suite 19, 100 Hay Street, Subiaco WA 6008 RSM Corporate Australia Pty Ltd Level 32/2, The Esplanade, Perth WA 6000 SRK Consulting (Australasia) Pty Ltd Level 1, 10 Richardson Street, West Perth WA 6005 e-mail: [email protected] website: www.asia-pacific.srk.com Tel: +61 8 9288 2000 Fax: +61 8 9288 2001 SRK Project Number: AVE001 August 2019 Compiled by Peer Reviewed by Jeames McKibben Karen Lloyd Principal Consultant Principal Associate Consultant Email: [email protected] Authors: I Baidoo; L Collin; S McEwing; S Walsh; R Getty; M Davis MCKI/LLOY/wulr AVE001_RSM_Avenira ISR_Rev2 15 August 2019 SRK Consulting Page ii Executive Summary Avenira Limited (Avenira or the Company) has entered into an agreement for the proposed sale of the Baobab Phosphate Project (the Project) in the Republic of Senegal to related parties of the Company (Proposed Transaction). The Wonarah Project in Australia’s Northern Territory is to remain with the Company post transaction. Once the proposed sale is complete, the Company intends to review its holding in the Wonarah Project, including whether to commence a Scoping Study during the December 2019 quarter. RSM Corporate Australia Pty Ltd (RSM) has been appointed by Avenira to provide an Independent Expert Report (IER) in relation to the Proposed Transaction.
    [Show full text]
  • Decoding Mafic Dykes in Southern Yilgarn and East Antarctica: Implications for the Supercontinent Cycle
    Faculty of Science and Engineering School of Earth and Planetary Sciences Decoding Mafic Dykes in Southern Yilgarn and East Antarctica: Implications for the Supercontinent Cycle Jutta Camilla Stark This thesis is presented for the Degree of Doctor of Philosophy of Curtin University November 2018 DECLARATION To the best of my knowledge and belief this thesis contains no material previously published by any other person except where due acknowledgement has been made. This thesis contains no material which has been accepted for the award of any other degree or diploma in any university. The author acknowledges that copyright of published works contained within this thesis resides with the copyright holder(s) of those works. I warrant that I have obtained, where necessary, permission from the copyright owners to use any third- party copyright material reproduced in the thesis (e.g. questionnaires, artwork, unpublished letters), or to use any of my own published work (e.g. journal articles) in which the copyright is held by another party (e.g. publisher, co-author). 22 November 2018 Jutta Camilla Stark Date i ABSTRACT Mafic dyke swarms are ubiquitous in cratons worldwide and preserve snapshots of their tectonic and magmatic evolution. Mafic dykes also provide important targets for paleomagnetic studies and act as barcodes in paleogeographic reconstructions. Their utility is often hampered by the lack of high precision geochronology because dating mafic rocks can be difficult due to their mineralogy. This PhD study applies a two-step U-Pb geochronology technique to date suboptimal samples and presents the discoveries of three previously unknown mafic dykes swarms in southwestern Yilgarn Craton and the first U-Pb age for a mafic dyke swarm at Bunger Hills in East Antarctica.
    [Show full text]
  • Boddington Report
    SHIRE OF BODDINGTON SUB-REGIONAL ECONOMIC OPPORTUNITY ANALYSIS Shire of Boddington Sub-regional Economic Opportunity Analysis Executive Summary The Peel Regional Investment Framework sets out the vision, objectives and strategies for the Peel region to 2050. Identified within the Framework is the need for sub-regional economic analysis to aid sub-regions of the Peel to engage in innovation, economic diversification and to continue to meet the needs of a growing population. This report provides sub-regional data and preliminary economic opportunity analysis for the Shire of Boddington to aid in identifying specific opportunities for development in this locality and potential related projects across the region. Key Findings • Population & Demographics: While Boddington’s population has grown by roughly 28% over the last decade, resident numbers have been in decline since 2012. Boddington has a younger population compared to the wider region, with a median age of 39 (two years younger than the Peel average) and a higher instance of young families. By current growth rates Boddington’s population will increase by 25% in 2031, exceeding WAPC population projections. • Employment & Labour Force: Boddington is characterised by very low unemployment and healthy labour force participation. 80% of Boddington residents are employed within the Shire, this is partly attributable to a large percentage of Boddington residents being employed in the mining industry. The Mining and Construction industries provide 70% of all available jobs in the LGA, attracting residents of other localities to work in Boddington. A very high self-containment rate in Health Care implies there is a skills mismatch between the residents’ skills and available employment in this industry in the Shire.
    [Show full text]
  • UG Ore Mined 60 14 50 12 40 10 8
    Consistently Delivering On Commitments For personal use only November 26, 2015 Waihi Site Visit Innovation • Performance • Growth Cautionary and Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of OGC or other financial products. The information contained herein is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. The views, opinions and advice provided in this presentation reflect those of the individual presenters only. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusion contained in this presentation. To the maximum extent permitted by law, none of OGC or any of its directors, officers, employees or agents accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Furthermore, this presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or benefit of, any U.S. person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act")) ("U.S. Person"), or in any other jurisdiction in which such an offer would be illegal. OGC’s shares have not been and will not be registered under the Securities Act.
    [Show full text]
  • High-Grade Gold Underexplored Terrain
    Craton Gold High-Grade Gold Underexplored Terrain JulyCraton 2016 Gold Craton Gold Pty Ltd www.corporategeosciencegroup.com Disclaimer. Cautionary Statement This Document provides a summary of Craton Gold Pty Ltd (ACN 609 094 653) (“CRT”). This Document is not, and should not be, construed to represent any form of prospectus or formal support to any capital raising activities as outlined in Section 708 of the Corporations Act. It is supplied for the benefit of those with an interest in CRT, not as specific investment advice to any particular party or person. Forward Looking Statement Whilst based on information from sources considered reliable, CRT does not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, CRT disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to our notice, which may affect any of the information contained in this document and presentation. Competent Person Statement Information herein relating to Exploration Targets and Results is based on information compiled by Drs Oliver Kreuzer and Kris Butera, who Members of The Australian Institute of Geoscientists (AIG) and The Australasian Institute of Mining and Metallurgy (AusIMM), and Dr Amanda Buckingham, who is a Member of The Australian Society of Exploration Geophysicists (ASEG). Drs Kreuzer, Butera and Buckingham have more than 15 years experience relevant to the style of mineralisation and type of deposit being reported and to the activity which they are undertaking to qualify as a Competent Persons as defined in the 2012 Edition of the 'Australasian Code for Reporting of exploration Results, Minerals Resources and Ore Reserves' (the JORC Code).
    [Show full text]
  • Prospect Magazine March
    WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE March 2014 – May 2014 $3 (inc GST) SETTING THE STANDARD Roy Hill continues to break new ground Print post approved PP 665002/00062 DEPARTMENT OF STATE DEVELOPMENT International Trade and Investment 1 Adelaide Terrace East Perth, Western Australia 6004 • AUSTRALIA Tel: +61 8 9222 0566 • Fax: +61 8 9222 6151 Email: [email protected] www.dsd.wa.gov.au INTERNATIONAL OFFICES Europe European Office • 5th floor, The Australia Centre Corner of Strand and Melbourne Place London WC2B 4LG • UNITED KINGDOM Tel: +44 20 7240 2881 • www.watoindia.in In recent years Africa has become an increasingly popular destination for resources investment, with major mining companies attracted by the continent’s rich mineral India — Mumbai reserves and affordable operating environment. Western Australian Trade Office 93 Jolly Maker Chambers No 2 This growth presents Western Australia with an exciting opportunity to become a 9th floor, Nariman Point • Mumbai 400 021 • INDIA leading exporter in mining skills, technology and knowledge. Already, more than Tel: +91 22 6630 3973 • Fax: +91 22 6630 3977 160 Western Australian mining companies operate hundreds of projects across 33 African countries. Indonesia — Jakarta Early this year I travelled to South Africa to speak at the annual Investing in African Western Australia Trade Office Level 48, Wisma 46, Jalan Jenderal Sudirman Kavling 1, Mining Indaba conference, and the central message I delivered to leaders from the Jakarta Pusat 10220 • INDONESIA many African nations in attendance was to ensure they receive a fair return for their country’s minerals (story page 2).
    [Show full text]