Professional Registration for Geoscientists
Venmyn recently attended the South African Institute of Chartered Accountants (SAICA) GAAP Monitoring Panel (GMP) presentation in Johannesburg. The GMP is a joint initiative between SAICA and the JSE and acts as an advisory body to the JSE. The panel investigates cases presented to it and reports its findings to SAICA from where the matter is reviewed for possible disciplinary procedures.
Uploaded: 2008-04-24 08:41:51
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Investing in Zimbabwe
The perception that business in Zimbabwe is high risk, has significantly discounted most assets. The Directors of ACR believe that mineral resources in particular are a class that have been significantly undervalued. This perception creates an investment oppurtunity rarely availble in world-class mineral belts.
Uploaded: 2008-04-15 09:33:22
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Energy investing in SA
The coal sector on the JSE currently comprises Coal of Africa, previously GVM Metals Limited which includes a metals trading arm which accounts for all of Coal's earnings; Hwange, currently loss-makiing but, dependent upon the outcome of Zimbabwe's election shambles, may offer value in the medium-term; SA Coal Mining Holdings, the re-listed entity previously known as Yomhlaba Resources; and possibly Sentula which gives exposure to mining contracting with large interests in the coal business.
Uploaded: 2008-04-10 07:25:14
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IVSC Restructure Plan
We were made aware of this document on the plans for the IVSC and would be interested to your views.
Uploaded: 2008-04-03 08:09:32
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Application of the bulking factor
In canvassing our professional peers in the industrial minerals sector, including aggregates, limestone, sand and cement all Resource Managers confirmed that they use a Bulking Factor for the calculation of mineral resources prior to the application of economic modifying factors.
Uploaded: 2008-03-11 07:55:18
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Is the 'Indicated Mineral Resource' definition contradictory?
It seems that for an Indicated Mineral Resource, you are able to assume continuity and this would be sufficient to conduct mine design and economic studies, but those first two sentences from the Main Code Section 24 appear to be contradictory.
Uploaded: 2008-03-06 07:14:30
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International Reporting Codes - Sources of Publication
The one-stop-shop is now a reality. I have recently received from the SAIMM, a CD containing all the latest major international reporting codes as at February 2008, in pdf format.
Uploaded: 2008-02-27 11:13:48
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As long it's a mineral then it's good enough
With the global mineral resources market experiencing such unusual and exceptional circumstances, the next "Bre-X" could be just around the corner.
Uploaded: 2008-02-14 10:34:42
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Light at the end of the tunnel?
... Section 12 of the Electricity Act states that any consumer may institute a claim for damages against a license holder if such license holde neglected to fulfil its obligations as set out in the license.
Uploaded: 2008-02-07 07:44:11
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Website re-launch
We are very proud to present our fresh and innovative website, located at www.venmyn.com. The new website introduces new features such as the picture gallery, glossary and a blog.
Uploaded: 2008-01-28 07:46:37
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The Occurrence of Diamonds in South Africa
... a book that would serve to stimulate interest and investment in South Africa's diamond industry as well as a book that would serve as a general reference to the South African diamond industry.
Uploaded: 2008-01-17 08:34:02
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Mining Indaba
Just a quick reminder, the Mining Indaba is around the corner. If you need help compiling your fact sheets, technical statements and marketing brochures please let us know as early as possible...
Uploaded: 2007-12-19 13:15:01
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SACNASP Registration
In the latest Geobulletin, Steve Prevec discusses the registration with SACNASP by all identified Natural Scientists including lecturers as being a potential problem.
Uploaded: 2007-12-10 08:00:06
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Golden Year
Merrill Lynch raised their average Au price forecast for 2007 to USD675/oz. Spot prices of approximately USD850/oz were suggested by a few brave analysts but essentially dismissed as highly speculative at best and foolish at worst. With the end of 2007 in sight, Au is trading at USD830/oz, having hit USD841.75/oz earlier this month.
Uploaded: 2007-11-27 15:00:00
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Compliance Reporting
The current emphasis amongst the exchanges is for 'clear and concise' reporting.
Uploaded: 2007-11-20 15:44:28
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Inferred Resources
The obvious question then arises as to how a Competent Person reports a 'deposit' in a Mineral Resource Statement.
Uploaded: 2007-11-13 10:30:41
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