DOCSLIB.ORG

2020 a Virtual Event, Tucson, Arizona 2020 Program

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2020 a Virtual Event, Tucson, Arizona 2020 Program Thirty-Eighth Annual American Mining Hall of Fame Awards Presentation EVENT & FUNDRAISER Saturday, December 5th, 2020 A Virtual Event, Tucson, Arizona 2020 Program 7:00 p.m. Ceremony Welcoming Remarks: Rebecca Martinez, president, mfsw Introduction of Honorees Rebecca Martinez and Honored Guests: Awards Opening Remarks: Andrew Soderman, vice president, mfsw Presentation of Inductees Noah S. Kellogg (1831 - 1903) From Mining’s Past by Andrew Soderman : John Barry “Black Jack” Newman (1862 - 1928) Lemuel Coover Shattuck (1866 - 1938) Albert J. (Al) Perry (1930 - 2013) accepted by Walker Perry and Leslie Cook Presentation of Medal of Merit Emily King by Andrew Soderman: Presentation of Medal of Merit Jonathan Jazwinski Under age 40 by Andrew Soderman: Presentation of Industry Partnership Hexagon Award by Andrew Soderman: accepted by Nicholas Hare, President, Hexagon Mining Division Presentation of Inductee Lukas Henrik Lundin by Rebecca Martinez: accepted by Jack Lundin Adjournment: Rebecca Martinez 2020 Sponsors DIAMOND Hexagon PLATINUM Lundin Mining Southwest Energy LLC M3 Engineering & Technology Corporation GOLD Ames Construction Mining & Metallurgical Society of America Asarco LLC Modular Mining Capstone Mining Corp Newmont Doosan Bobcat Pioneer Equipment, Inc. Empire Southwest Resolution Copper Epiroc Ruen Drilling Freeport-McMoRan Rummel Construction Gary Goldberg SRK Consulting Cori Hoag South32 Independent Mining Consultants Stantec SILVER BGC Engineering KGHM (Carlota Copper Company) Call & Nicholas, Inc. Terry McNulty CalPortland Meridian Engineering Company Civil & Environmental Consultants, Inc. (CEC) Montgomery & Associates CTI Origin Mining Co., LLC DeConcini McDonald Yetwin & Lacy, P.C Quarles & Brady The Dempsey Family Fund Brad and Linda Ross John Fenn Smithco Enterprises Fennemore George A. Tsiolis, Attorney at Law Florence Copper Valley Forge & Bolt Mgf. Co. Golden Vertex WestLand Resources, Inc Golder Pam and Will Wilkinson Haley & Aldrich Wood PLC Hudbay Minerals Inc. Yellow Jacket Drilling Services OTHERS Kathy and Doug Arnold E3 Strategies Inc. AMIGOS Knight Piésold Consultants Brooks & Nelson National Mining Hall of Fame & Museum CAID Ron Woodcock 2020 | MISSION AND EDUCATIONAL OUTREACH PROGRAM Mining Foundation of the Southwest he Mining Foundation of the At its annual fundraiser, the American Mining Southwest was incorporated on May Hall of Fame honors achievement of industry T 3, 1993 with the merger of the Mining leaders. Including the 2020 inductees, 252 min- Club of the Southwest and the Mining Club of ing luminaries and organizations have been in- the Southwest Foundation. The Mining Club ducted and some of the commemorative plaques was spawned in late 1970 by a group of Tucson of past honorees are on display at the Arizona based engineers, metallurgists and geologists; Historical Society Museum at 949 E. 2nd Street opened its doors officially on February 1, in Tucson. 1971; and was incorporated by the State of Arizona on February 22, 1971. The purpose of the Foundation is to The Club’s Foundation was formed on June promote the value of the mining industry, 18, 1982 to allow for tax deductible contri- honor its past and ensure its future. butions to be used for charitable and educa- tional purposes. The first American Mining Education is a major hallmark of the Hall of Fame Awards was held on December foundation, providing students, teachers, 3, 1983. parents and others a comprehensive understanding of the fundamentals of Funds generated through the annual banquet mining and the uses of minerals, both are earmarked to support our mission. The metallic and industrial, that are essential to MFSW partners with the Lowell Institute the world economy. for Mineral Resources at the University of Arizona and is a prominent financial funding source for the IMR Outreach Program. Mining Foundation of the Southwest P.O. Box 42317 Thomas L. Aldrich email: [email protected] Tucson, AZ 85733 executive director www.miningfoundationsw.org Phone: (520) 577-7519 Fax: (520) 577-7073 2020 Hall of Fame Committee Andrew Soderman - Chair Rebecca Martinez – ex officio Donald F. Earnest Brad Ross Kathy Arnold John Fenn Thomas Scartaccini Robin Barnes Shawn Hamilton Robert Tracy Mark Baker William E. Hawes David Travis Amanda Best Corolla (Cori) Hoag Gene Waken Jodi Hope Banta Steve Holmes William H. Wilkinson Avi Buckles Matthew D. Lengerich Chris Wilson Lawrence G. Dykers Yvonne Marshall Rodney Woodcock INDUCTEE AND GUEST OF HONOR | 2020 Lukas Henrik Lundin CHAIRMAN LUNDIN GROUP OF COMPANIES Lukas Lundin is head of the Lundin Group of Companies, global leaders in the mining and oil and gas industries. A well-known and respected business leader, financier and philanthropist, Mr. Lundin has enjoyed international success in the resource industry, spearheading numer- ous world-class discoveries and developments worldwide. Founded over 40 years ago, the Lundin Group of Companies today has 14 publicly-traded companies actively involved in the exploration, development and production of oil and gas, copper, zinc, nickel, lead, gold, solar energy, uranium, and diamonds. Over the years, Mr. More recently Lundin Gold acquired the Fruta Lundin has been instrumental in the realiza- del Norte gold project in Ecuador from Kinross. tion of extraordinary value for his shareholders It is now an award-winning, multi-million ounce through exploration and development success, producing gold mine. takeovers and multi-billion dollar mergers. Today, his companies are active around the world Early in his career, as President of International advancing new copper/gold discoveries towards Musto Exploration Limited, he was responsible production, building new gold mines, producing for the acquisition of the world-class Alumbrera copper from world-class mines, developing a rich copper/gold deposit in Argentina. He spear- new uranium discovery and producing some of headed the $510 million takeover by Rio Algom the largest gem quality diamonds ever found. and North Limited providing shareholders enor- Mr. Lundin is an active philanthropist and is the mous return on investment. Alumbrera went on founder of the Lundin Foundation. The Lundin to become one of the largest copper/gold mines Foundation is the philanthropic arm of the in the world. Lundin Group of Companies and supports inno- Continuing his success in Argentina, his team vative, high-impact initiatives aimed at enabling discovered the multi-million ounce Veladero sustainable livelihoods in the countries in which gold deposit which resulted in a $300 million the Lundin Group operates. Founded in 2006, the takeover by Homestake. Veladero went on to Lundin Foundation supports initiatives in five become one of the top producing gold mines in strategic areas selected for the potential to create the world. long-term benefit streams to host governments and locally impacted communities: resource He subsequently acquired the Tenke Fungurume governance, education and skills training, local copper/cobalt project in the DRC. This enor- procurement, economic diversification, and mous project was at that time the world’s largest social and environmental innovation. undeveloped copper/cobalt project and went on to be developed by Freeport-McMoran and Born in 1958, Mr. Lundin was raised in Stockholm, Lundin Mining, commencing production in Sweden, and educated at the International School 2009. The project was sold to BHR Partners in of Geneva, Switzerland. In 1981, Mr. Lundin 2017 with Lundin Mining’s share bringing in graduated from the New Mexico Institute of $1.8 billion to the Company. Mining and Technology (engineering). Today, Mr. Lundin is based in Geneva, Switzerland. 2020 | INDUCTEES FROM MINING’S PAST Noah S. Kellogg (1831 – 1903) John Barry “Black Jack” Newman PROSPECTOR AND DISCOVER OF BUNKER HILL MINE (1862 – 1928) “NOSE FOR ORE” Noah S. Kellogg was a carpenter and prospector. He “Black Jack” Newman was born in Chorna, Austro- joined the rush to the Coeur d’Alene mining district Hungarian Empire. He immigrated to the US around in Idaho when he heard news of the discovery of gold, 1876 and worked at various jobs as he traveled west; arriving with thousands of others in 1884, too late to pushing coal cars in Pennsylvania, working in the locate a promising claim. In 1885, after working on a copper mines of Michigan, and working on the Texas flume to carry water from a creek to potential placer & Pacific railroad in Texas. By 1883, he arrived in gravels, he found himself suddenly unemployed Globe, Arizona and hired on as a mucker at the Old when the project abruptly closed due to lack of funds. Dominion Mine. He sought a grubstake to go prospecting. A mer- He had a ”nose for ore” and staked or acquired chant, John Cooper and a small contractor, Origin numerous claims in the area west of Globe. J. Parke Peck, reluctantly supplied Kellogg with supplies and a Channing, who would become a major force in the burro. The burro became the matter of much folklore. development of the Miami Copper Company, liked The grubstake was conditional on Kellogg taking the some of Newman’s claims and optioned them. This burro, which was a braying and annoying critter required sinking a shaft to verify Channing’s belief in disturbing the people in Murray. the presence of secondary copper enrichment. Kellogg prospected along Milo Creek, a tributary Newman, superintendent for sinking the shaft, was of the South Fork of the Coeur d’Alene River. There so convinced there was ore that he disregarded orders are many versions as to the actual discovery of the telegraphed to stop work, hitting ore a day later. In Bunker Hill orebody, most involving the burro which less than four years from the initial discovery, Miami apparently wandered off and was found near an out- Copper Co was in production. It shares the honor crop bearing galena. with the Ray Mine as being Arizona’s first large scale porphyry copper producer. Kellogg staked the ground. It soon became apparent that the discovery was a valuable one, and lawsuits Newman had other claims in the area that became over ownership followed. After the matter was settled part of the Inspiration Consolidated Copper Co.
Load more

Recommended publications
  • Engineering & Mining Journal
    Know-How | Performance | Reliability With MineView® and SmartFlow® Becker Mining Systems offers two comprehensive and scalable data management solutions for your Digital Mine. MineView® is a powerful state-of-the-art 3D SCADA system, that analyses incoming data from various mine equipment and visualises it in a 3D mine model. SmartFlow® takes Tagging & Tracking to a new level: collected asset data is centrally processed and smart software analytics allow for process optimization and improved safety. MINEVIEW BECKER MINING SYSTEMS AG We have been at the forefront of technology in Energy Distribution, Automation, Communication, Transportation and Roof Support since 1964. Together with our customers we create and deliver highest quality solutions and services to make operations run more profi tably, reliably and safely. For more information go to www.becker-mining.com/digitalmine Becker Mining is a trademark of Becker Mining Systems AG. © 2018 Becker Mining Systems AG or one of its affi liates. DECEMBER 2018 • VOL 219 • NUMBER 12 FEATURES China’s Miners Promote New Era of Openness and Cooperation Major reforms within the mining sector and the government will foster green mines at home and greater investment abroad ....................................42 Defeating the Deleterious Whether at the head of a circuit or scavenging tailings, today’s flotation innovations address challenges presented by declining grades, rising costs and aging plants ..................................................................................52 Staying on Top of
    [Show full text]
  • ETO Listing Dates As at 11 March 2009
    LISTING DATES OF CLASSES 03 February 1976 BHP Limited (Calls only) CSR Limited (Calls only) Western Mining Corporation (Calls only) 16 February 1976 Woodside Petroleum Limited (Delisted 29/5/85) (Calls only) 22 November 1976 Bougainville Copper Limited (Delisted 30/8/90) (Calls only) 23 January 1978 Bank N.S.W. (Westpac Banking Corp) (Calls only) Woolworths Limited (Delisted 23/03/79) (Calls only) 21 December 1978 C.R.A. Limited (Calls only) 26 September 1980 MIM Holdings Limited (Calls only) (Terminated on 24/06/03) 24 April 1981 Energy Resources of Aust Ltd (Delisted 27/11/86) (Calls only) 26 June 1981 Santos Limited (Calls only) 29 January 1982 Australia and New Zealand Banking Group Limited (Calls only) 09 September 1982 BHP Limited (Puts only) 20 September 1982 Woodside Petroleum Limited (Delisted 29/5/85) (Puts only) 13 October 1982 Bougainville Copper Limited (Delisted 30/8/90) (Puts only) 22 October 1982 C.S.R. Limited (Puts only) 29 October 1982 MIM Holdings Limited (Puts only) Australia & New Zealand Banking Group Limited (Puts only) 05 November 1982 C.R.A. Limited (Puts only) 12 November 1982 Western Mining Corporation (Puts only) T:\REPORTSL\ETOLISTINGDATES Page 1. Westpac Banking Corporation (Puts only) 26 November 1982 Santos Limited (Puts only) Energy Resources of Aust Limited (Delisted 27/11/86) (Puts only) 17 December 1984 Elders IXL Limited (Changed name - Foster's Brewing Group Limited 6/12/90) 27 September 1985 Queensland Coal Trust (Changed name to QCT Resources Limited 21/6/89) 01 November 1985 National Australia
    [Show full text]
  • To Be Renamed Ausmex Mining Group Limited
    Eumeralla Resources Limited ACN 148 860 299 to be renamed Ausmex Mining Group Limited PROSPECTUS For the offer of up to 75 million shares at an issue price of $0.08 each to raise up to $6,000,000 (before costs) (public offer). The public offer is subject to a minimum subscription requirement of $4,000,000. The public offer is not underwritten. This prospectus is a re-compliance prospectus for the purposes of satisfying chapters 1 and 2 of the listing rules and to satisfy ASX requirements for reinstatement of the company’s securities to trading following a change in the nature and scale of the company’s activities. The offers made under this prospectus and the issue of securities pursuant to this prospectus are subject to and conditional on satisfaction of the offer conditions. If the offer conditions are not satisfied, no securities will be issued pursuant to this prospectus and the company will repay all money received from applicants without interest. Lead manager Solicitors to the Offers CPS Capital Group Pty Ltd Blackwall Legal LLP Level 45, 108 St Georges Terrace Level 6, 105 St Georges Terrace Perth WA 6000 Perth WA 6000 This document is important and should be read in its entirety. If after reading this prospectus you have any questions about the securities being offered under this prospectus or any other matter, then you should consult your stockbroker, accountant or other For personal use only professional advisor. The shares offered by this prospectus should be considered as highly speculative. CONTENTS 1. CORPORATE DIRECTORY ............................................................................................. 3 2.
    [Show full text]
  • SUSTAINABILITY REPORT 2017 Front Cover Image: Amanda, Haile, United States This Page: Macraes Processing, New Zealand
    SUSTAINABILITY REPORT 2017 Front cover image: Amanda, Haile, United States This page: Macraes processing, New Zealand ABOUT THIS REPORT SECTION 3 Our reporting framework 4 OUR COMMITMENT TO RESPONSIBLE MINING Reporting scope and limitations 4 Our contribution to a sustainable future 28 Our sustainability framework 28 Precautionary approach 30 Memberships and associations 30 CHAIRMAN AND CEO’S Materiality 31 YEAR IN REVIEW 5 Awards 32 Acting ethically and with integrity 34 Our approach 34 Code of conduct 34 SECTION 1 Anti-corruption compliance 34 Transparency 35 ABOUT US Human rights 35 Case study: Strengthening our social performance 29 Our operations 10 Our growth strategy 12 Organic growth 12 Strategic investments 13 SECTION 4 Other projects 13 Closed sites 14 ECONOMIC PERFORMANCE AND CONTRIBUTION Our history 15 Financial summary 38 Production and cost results summary 38 Fines and penalties 39 SECTION 2 Social investment 39 Summary of payments and financial contributions 40 THE OCEANAGOLD WAY Summary of procurement spend 40 Case study: OceanaGold’s economic contribution to Our values 18 New Zealand 41 Our vision 19 Our strategic objectives 19 Our people 19 Corporate governance 20 Our Board 20 Organisational Chart 24 2 SUSTAINABILITY REPORT 2017 SECTION 5 SECTION 7 OUR PEOPLE OUR STAKEHOLDERS Employment 44 Stakeholder engagement and consultation 66 Inclusion and diversity 44 Social investment 71 Freedom of association and collective bargaining 47 Local procurement 72 Training and development 47 Indigenous rights 75 Employee engagement
    [Show full text]
  • Small and Mid-Cap Resources December 2017 Review
    Small and Mid-Cap Resources December 2017 Review Let the Good Times Roll WHO IS IIR? Independent Investment Research, “IIR”, is an independent investment research house based in Australia and the United States. IIR specialises in the analysis of high quality commissioned research for Brokers, Family Offices and Fund Managers. IIR distributes its research in Asia, United States and the Americas. IIR does not participate in any corporate or capital raising activity and therefore it does not have any inherent bias that may result from research that is linked to any corporate/ capital raising activity. IIR was established in 2004 under Aegis Equities Research Group of companies to provide investment research to a select group of retail and wholesale clients. Since March 2010, IIR (the Aegis Equities business was sold to Morningstar) has operated independently from Aegis by former Aegis senior executives/shareholders to provide clients with unparalleled research that covers listed and unlisted managed investments, listed companies, structured products, and IPOs. IIR takes great pride in the quality and independence of our analysis, underpinned by high caliber staff and a transparent, proven and rigorous research methodology. INDEPENDENCE OF RESEARCH ANALYSTS Research analysts are not directly supervised by personnel from other areas of the Firm whose interests or functions may conflict with those of the research analysts. The evaluation and appraisal of research analysts for purposes of career advancement, remuneration and promotion is structured so that non-research personnel do not exert inappropriate influence over analysts. Supervision and reporting lines: Analysts who publish research reports are supervised by, and report to, Research Management.
    [Show full text]
  • Bluetooth Beacon-Based Underground Navigation System to Support Mine Haulage Operations
    minerals Article BBUNS: Bluetooth Beacon-Based Underground Navigation System to Support Mine Haulage Operations Jieun Baek 1, Yosoon Choi 1,* ID , Chaeyoung Lee 1, Jangwon Suh 2 ID and Sangho Lee 3 1 Department of Energy Resources Engineering, Pukyong National University, Busan 48513, Korea; [email protected] (J.B.); [email protected] (C.L.) 2 Energy Resources Institute, Pukyong National University, Busan 48513, Korea; [email protected] 3 Korea Institute of Geoscience and Mineral Resources, Daejeon 34132, Korea; [email protected] * Correspondence: [email protected]; Tel.: +82-51-629-6562 Received: 28 September 2017; Accepted: 18 November 2017; Published: 21 November 2017 Abstract: A Bluetooth beacon-based underground navigation system (BBUNS) was developed to identify the optimal haul road in an underground mine, track the locations of dump trucks, and display this information on mobile devices. A three-dimensional (3-D) geographic information system (GIS) database of the haul roads in an underground mine was constructed, and the travel time for each section was calculated. A GIS database was also constructed for 50 Bluetooth beacons that were installed along the haul roads. An Android-based BBUNS application was developed to visualize the current location of each dump truck and the optimal haul road to the destination on mobile devices, using the Bluetooth beacon system that was installed in the underground mine. Whenever the BBUNS recognized all of the Bluetooth beacons installed in the underground mine, it could provide the dump truck drivers with information on the current location and the two-dimensional (2-D) and 3-D haul road properties.
    [Show full text]
  • Kathleen Valley Confirmed As a World-Class Lithium Deposit As
    ASX ANNOUNCEMENT | ASX : LTR 11 February 2021 Kathleen Valley confirmed as a world-class lithium deposit as LiontownResource Appoints increases Highly to Cr 156Mtedentialed @ 1.4% BHP Li 2ExecutiveO Tony Ottaviano as Chief Executive Officer & Managing Director Well-regarded international mining executive to drive Liontown’s next chapter of growth as a next-generation Australian lithium company Liontown Resources Limited (ASX: LTR, “Liontown” or “Company”) is pleased to announce the appointment of international mining executive Tony Ottaviano as Chief Executive Officer and Managing Director, effective from on or about 1 May 2021. Mr Ottaviano will oversee the Company’s next critical growth phase as it embarks on the financing and development of a major new next-generation Australian lithium mine at its Tier-1 Kathleen Valley lithium- tantalum project in Western Australia. The material terms of Mr Ottaviano's employment agreement are summarised in the schedule to this announcement. Liontown’s long-serving Managing Director David Richards will transition to the role of Technical Director, with responsibility for driving the Company’s early-stage exploration projects outside of Kathleen Valley, including its exciting Moora gold-PGE-nickel-copper project in WA’s Julimar Region, and identifying new greenfield opportunities. Mr Ottaviano is a highly-credentialed global mining executive with wide-ranging strategic, operational, commercial and corporate experience. He has held senior executive roles with two of the world’s largest mining companies, BHP and Rio Tinto, as well as the diversified industrial conglomerate Wesfarmers. Prior to accepting the role of Chief Executive Officer and Managing Director with Liontown, Mr Ottaviano was Program Director Improvement and BHP Operating System (BOS) with BHP Limited – a system that forms the foundation of BHP’s 10-year safety and productivity strategy and is being deployed across all of BHP’s major assets.
    [Show full text]
  • 1997 Annual Report
    1997 Annual Report National Australia Bank Limited ACN004044937 Our Vision Financial calendar Annual General Meeting • Financial year ends on The Annual General Meeting of the To be the world’s leading financial ser- September 30 annually. members of National Australia Bank vices company. • Full year results announced Limited will be held at 10.00am November 6, 1997. (Melbourne time) on Thursday Our Mission • Shares to be quoted ex-dividend December 18, 1997 in the John Batman Theatre, Level 3, Melbourne Convention We tailor financial services to help on the Australian Stock Exchange on November 20, 1997. and Exhibition Centre, corner Spencer individuals, families, businesses and and Flinders Streets, Melbourne, communities to achieve their goals. • Record date (books closing date) for Victoria, Australia. final dividend is November 28, 1997 for shareholders on the Australian register. Shareholder gatherings Our Values • Final dividend payable on Gatherings of members of National • Service to our customers December 17, 1997 (49c per share). Australia Bank Limited will be held • Quality in everything we do • First quarter results for the 1997/98 at 9.45am (Sydney time) on Thursday • Professionalism and ethics in all financial year currently scheduled to be December 18, 1997 in the Grand our actions announced on January 22, 1998. Ballroom at The Wentworth A Rydges • Competitiveness and a will to win • First half results for the 1997/98 finan- Hotel, 61–101 Philip Street, Sydney; and • Growth and development of cial year currently scheduled to be at 8.45am (Brisbane time) on our people announced on May 7, 1998. Thursday December 18, 1997 in the • Shares currently scheduled to be quoted Grand Ballroom at the Brisbane Hilton, • Continuous productivity improve- 190 Elizabeth Street, Brisbane.
    [Show full text]
  • The Mining Industry: from Bust to Boom
    2011-08 Reserve Bank of Australia RESEARCH DISCUSSION PAPER Th e Mining Industry: From Bust to Boom Ellis Connolly and David Orsmond RDP 2011-08 Reserve Bank of Australia Economic Research Department THE MINING INDUSTRY: FROM BUST TO BOOM Ellis Connolly and David Orsmond Research Discussion Paper 2011-08 December 2011 Economic Analysis Department Reserve Bank of Australia This paper was first presented at the Reserve Bank of Australia Conference on ‘The Australian Economy in the 2000s’ at the H.C. Coombs Centre for Financial Studies, Kirribilli, on 15–16 August 2011. We would like to thank our colleagues at the RBA and participants at the Conference for their helpful comments. The views expressed are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. Responsibility for any remaining errors rests with us. Authors: connollye and orsmondd at domain rba.gov.au Media Office: [email protected] Abstract The Australian mining industry experienced a remarkable turnaround during the 2000s. The rapid growth of emerging economies in Asia drove a surge in demand for commodities, particularly those used in steel and energy generation. With global supply unable to respond quickly, prices surged to historically high levels. In response, mining investment in Australia rose to record levels as a share of the economy by the end of the decade. The rise in commodity prices has boosted activity and incomes and encouraged the factors of production to shift towards the mining industry. The boom has also been associated with a large increase in the real exchange rate, affecting trade-exposed industries.
    [Show full text]
  • Randgold Resources Annual Report 2006 01 Chairman’S Statement
    Value creation is in our DNA ANNUAL REPORT 2006 Mission Randgold Resources’ focus is on the creation of value through the discovery and development of world class gold projects. IFC Corporate profile and mission 01 2006 highlights Corporate profile 02 Chairman’s statement 04 Directors 06 Management Randgold Resources is an African focused gold mining and 08 Chief executive’s report exploration business incorporated in Jersey in the Channel REVIEW OF OPERATIONS Islands in 1995 and listed on the London Stock Exchange in 11 Financial review 1997 and on Nasdaq in 2002. 13 Operations and projects 13 Loulo mine Its discoveries to date include the 7.5 million ounce Morila deposit 24 Morila mine in southern Mali, the +6 million ounce Yalea deposit at Loulo in 29 Tongon project western Mali and the 3 million ounce Tongon deposit in the Côte Annual resource and reserve declaration 31 d’Ivoire. 32 Table of mineral rights 33 Exploration review The company financed and developed the Morila mine which 42 New business was brought into production in October 2000 and to date has 43 Social responsibility 43 Policy statement produced more than 4 million ounces of gold. It also financed 44 Environmental report and developed the Loulo mine, which was officially opened in 44 Human resources report November 2005. Loulo’s gold production is planned to average DIRECTORS’ REPORTS 250 000 ounces per year until 2009, when Yalea underground 47 Corporate governance will start contributing. The underground development will 53 Remuneration committee report significantly extend the mine’s production and life and is expected 59 Directors’ report to average above 350 000 ounces per year during the seven 60 Statement of directors’ responsibilities and year period from 2009 to 2015.
    [Show full text]
  • OZ MINERALS HOLDINGS LIMITED (Formerly Zinifex Limited) ABN 29
    OZ MINERALS HOLDINGS LIMITED (formerly Zinifex Limited) ABN 29 101 657 309 Financial Report for the year ended 30 June 2008 Directors’ report Your Directors present their report on the consolidated entity comprising OZ Minerals Holdings Limited (‘the Company’) and its controlled entities for the year ended 30 June 2008 (the ‘financial year’). OZ Minerals Holdings Limited is a company limited by shares that is incorporated and domiciled in Australia. Directors The Directors of the Company throughout the entire year or up to the date of this report were: Peter J Mansell (Chairman) Andrew G Michelmore (appointed as Managing Director on 3 March 2008 and Chief Executive Officer on 1 February 2008) Peter W Cassidy Richard Knight Anthony C Larkin Dean A Pritchard Principal activities The principal activities of the consolidated entity during the 2008 financial year were zinc and lead mining, exploration and development in Australia, and exploration and development projects in other international locations. The consolidated entity disposed of its zinc refining and lead smelting operations during the current year. Information relating to these discontinued operations are set out in Note 4 of the financial statements. 2008 2007 Consolidated results $m $m Consolidated entity profit attributable to the members of OZ Minerals Holdings Limited 895.7 1,334.8 Cents per Consolidated Dividends share $m Payment date Fully franked dividends on ordinary shares provided for or paid are: For the year ended 30 June 2008 35.0 170.4 21 April 2008 For the year ended 30 June 2007 70.0 340.8 16 November 2007 For the year ended 30 June 2007 70.0 340.8 20 April 2007 Significant changes in the state of affairs On 3 March 2008, the Directors of OZ Minerals Holdings Limited (formerly Zinifex Limited) and OZ Minerals Limited (formerly Oxiana Limited) announced that they had reached an agreement for the merger of OZ Minerals Holdings Limited and OZ Minerals Limited ("the merger").
    [Show full text]
  • 2005 Annual Report
    1 annual report 2 0 0 5 St Barbara Mines Limited St Barbara’s key features are: • Extensive Landbank • Mineral Resources of 9.3Moz • Strong Shareholder Support • Quality Management & Staff • Financial Strength • Robust Operations 2 Table of Contents Chairman’s Review. .2 Managing Director’s Review . .3 Exploration Review . .6 Reserves & Resources Statement . 10 Operations Review. 12 Heath, Safety & Environmental Review . 14 Finance Review . 16 Corporate Governance Review . 18 Directors’ Report. 22 Declaration of Auditor Independence. 36 Statements of Financial Performance for the year ended 30 June 2005 . 38 Statements of Financial Position as at 30 June 2005 . 39 Statements of Cashflows for the year ended 30 June 2005 . 40 Notes to the Financial Statements for the year ended 30 June 2005 . 41 Directors’ Declaration . 72 Independent Audit Report to the Members . 73 Statement of Shareholders as at 19 September 2005 . 75 Shareholder Information as at 19 September 2005 . 76 Corporate Directory . 81 Chairman’s Review During the year ending 30 June 2005 the Company • An increase in the gold price and more favourable was rescued from a diffi cult fi nancial situation and operating conditions at the purchased mines. This re-emerged as a signifi cant exploration and gold allowed the Company to generate higher than forecast production company, with a sound basis for optimism gold production at a lower than forecast cost. about the immediate and long-term future. The future is exciting for the ‘new’ St Barbara, with drilling There were a number of signifi cant achievements during to extend the existing mineral inventory base underway the year: at four locations - Marvel Loch, Tarmoola, Gwalia Deeps and Meekatharra, the construction of a new open pit mine • An increase in gold sales from 40,000oz in 2003/04, to at Hercules near Marvel Loch, and exploration drilling for 84,000 ounces; nickel at Sullivans, near Leonora, due to commence next • A substantial increase in announced Company resources month.
    [Show full text]