February 8th, 2010
We have just uploaded a short presentation that covers historical gold supply with an emphasis on African gold production. We also look at major gold deposits contained in greenstone belts and the potential of the Kilo Moto area in the Democratic Republic of Congo (DRC) as a significant source of gold production in the future.
On slide 6 you will see a chart of gold output from other emerging gold producing countries in Africa including Ghana, Mali, and Tanzania. It is interesting to note that democratic elections and political reforms (including new mining codes) – milestones which have recently occured in the DRC – were precursors to political stability, foreign investment, and ultimately increased gold production in these countries.
Tags: african gold production, democratic republic of congo, drc, emerging gold countries, gold supply, greenstone deposits, kilo moto, world gold production
Posted in Gold Production
February 5th, 2010
We have just returned from Mining Indaba 2010 held at the International Convention Centre in Cape Town, South Africa. This show represents one of the most important mining conferences in the world and is well attended by over 3,500 individuals including key mining analysts, fund managers, investment specialists, and governments.
Kilo garnered much attention and interest from investment fund managers and several influencial mining analysts. Senior Kilo management including Klaus Eckhof (President and CEO), Peter Hooper (Executive Chairman), and Stanley Robinson (Geologist) also had an opportunity to meet with several existing shareholders, JV partners Rio Tinto, other potential partners operating in the DRC, DRC government officials, and many suppliers (both existing and prospective).
If this show is a barometer of the health of the mining industry and year to come, things are looking very good. As noted by Financial Times reporter Matthew Kennard who was in attendance at this year’s show … “My early impression is that the swagger (or at least a carefree jaunt) is back in the step of the great and good of the mining industry. Investors are also back and interested …”.
Tags: investment conference, Mining Indaba
Posted in Conferences & Events
