They have low taxes and a stable economy- having had budget surpluses in the last 25 years for all but two years. The country’s wealth has been built on innovation and attracting foreign companies.
The world’s fifth largest gold producer has told a Perth mining forum today that it plans to lift its total output to 1.5 million ounces a year within three years as it combines its increasing output from African and PNG mines.
Move comes thirteen months after an EPA crew mistake caused millions of gallons of bright orange wastewater to taint rivers in Colorado, New Mexico and Utah.
Addressing today the second day of the three day Paydirt 2016 Africa Down Under mining conference in Perth Speaking on day two, Northcott Capital Managing Director, Mr Nick Martin, said to be successful in obtaining finance a company must adhere to three crucial platforms.
n NewCastle’s Castle Mountain gold project, Panneton sees a large-scale, brown field, largely permitted resource in a leading jurisdiction that’s amenable to simple heap-leach mining, and can be brought back into production in the near term.