This page contains the list of companies in Industrial Metals & Minerals category. Click on the company name to get further details of the company.
There's money to be made in the clink of zinc. Zinc refiner and smelter Espanola del Zinc is a Spanish company engaged in mining operations and the production and commercialization of zinc, iron ore, and steel. Through its subsidiaries, it is also involved in the development of businesses in the energy sector. Espanola del Zinc sought time to regroup in early 2010 after absorbing major losses in the previous year. It voluntarily delisted its stock from the Spanish exchange, laid off 240 employees, and began legal proceedings against private equity firm Quorum Capital Investors. At full operating capacity, it has a production capacity of 47,000 tons of zinc per year. Espanola del Zinc was founded in 1956.
Esperanza Resources is an emerging precious metals producer committed to the development of its two late-stage projects. Since startup in 2002 its geologists have discovered these two exceptional gold projects – San Luis, a joint venture in Peru and the 100%-owned Cerro Jumil in Mexico.The Company's objective is to see its discoveries advance as quickly as possible to production. At the same time it continues to place emphasis on new discovery through its grass-roots exploration programs. Our focus is on the countries we know best: Mexico and Peru.Cerro Jumil, Mexico – a potential heap-leach gold project. On October 1, 2008 the company announced the results of an independent resource estimate on its Cerro Jumil project. The deposit contains 642,000 gold equivalent ounces classified as measured and indicated plus 442,000 gold equivalent ounces classified as inferred. On September 8, 2009 the company announced the results of a Preliminary Economic Assessment (PEA). At a gold price of $1000 per ounce the project has a net present value of $109 million and provides an internal rate of return of 38 percent. The project is now being advanced into the feasibility level of study. A 9,500 meter drill program has been completed and an updated resources estimate is expected in the third quarter of 2010.
Eti Maden is on top of the world when it comes to producing borates. The Turkish state-owned company, through Eti Mine Works, is a world-leading miner and processor of boron. (Turkey holds about 60% of the world's boron reserves.) Eti produces about 2.5 million tons of boron concentrate from its mines and processes much of that to be used in products such as soaps, detergents, glass, fertilizers, and nuclear materials. Eti Maden also produces perlite, which is used as a construction material, scrubbing sand in refineries, and for growing in greenhouses, among other applications.
Etruscan is in the business of acquiring, exploring, developing, and producing gold from properties primarily in West Africa. Etruscan has invested 15 years into building a comprehensive land portfolio in Africa. West Africa is geographically endowed with some of the most prolific green stone belts in the world. The region has a proven track record of producing gold mines; however, exploration is in its infancy with first generation discoveries all made by surface geochemistry. Second generation discoveries await. Etruscan has secured strategic land positions covering over 9,000 km2 on a number of known gold belts in four countries in West Africa. This package represents one of the largest strategic land packages held by any mining company operating in West Africa. Etruscan has a demonstrated track record of making strategic discoveries and acquisitions and taking projects through to production.Etruscan's most advanced gold project is the Youga Gold Project located in Burkina Faso. Production at the mine commenced in February 2008 and commercial production was achieved on July 1, 2008. Gold production for fiscal 2008 which comprised the five months of commercial production ended November 30, 2008 totaled 29,305 ounces and in 2009 totaled 64,879 ounces. This mine is forecast to produce an average of 88,000 ounces per year over the 6.6 year mine life. Forecasted gold production for 2010 is targeted at 80,000 ounces at cash costs of US$550-650 per ounce. The Youga Gold Project is located on the 80 kilometer strike length of the Youga gold belt which extends to the southwest into Ghana along the Bole-Bolgatanga gold belt. Etruscan controls in excess of 400 km2 along the Youga/Bole-Bolgatanga gold belts. Etruscan believes future growth will come from developing satellite deposits along the Youga gold belt to be processed at the centrally located Youga processing facility. Etruscan holds a 90% interest in the Youga Gold Project with the remaining interest held by the Burkinabe government.Etruscan's second most advanced project is its Agbaou Gold Project which covers 469 km2 giving Etruscan control of the 40 kilometer strike length of the Oumé-Fêtêkro gold belt. Agbaou is one of the largest undeveloped gold resources in Côte d'Ivoire. A feasibility study update for the Agbaou Gold Project titled "Feasibility Update Study Report on the Agbaou Gold Project, Côte d'Ivoire, West Africa" prepared by MDM Engineering International Ltd. and Coffey Mining Pty Ltd. was completed in September, 2009. Using a gold price of $1,000 per ounce, the base case scenario in the feasibility study concludes that Agbaou will produce an average of 77,000 ounces of gold per year at a cash operating cost of US$516 per ounce over a 9.1 year mine life. The feasibility study is based on probable reserves of 10.9 million tonnes of ore with an average grade of 2.1 grams per tonne containing 665,000 ounces.
Eurasia Mining may be based in the UK, but its business is all located in Russia. Eurasia Mining owns and operates gold and platinum group metals (PGMs) projects in northwestern and central Russia (Kola Peninsula and Urals projects). Its exploration in the Urals includes a project with joint venture with Anglo Platinum. Eurasia Mining is also working with AngloGold Ashanti on gold projects in Siberia. The company's exploration projects in Russia are funded from its own equity funds and through investments from joint venture partners.
Since Kazakhstan gained independence in 1991, we at ENRC have worked hard to create a leading diversified natural resources group with fully integrated mining, processing, energy and transport operations.This transformation has produced a thriving international business with yearly revenue in excess of US$6.8bn, capital expenditure of around US$1.3bn in 2008 and over 65,000 employees.Contributing significantly to Kazakhstan's GDP, our group is now one of the world's largest producers of ferrochrome; one of the world's significant exporters of iron ore; the world's ninth largest producer of traded alumina; and one of the largest electricity providers in Kazakhstan.Underpinning this strong growth is the stability that comes from our significant, proven reserves, low production costs, cost-effective energy supply and integrated logistics.Together these protect us from the cyclical trends and volatility of the market, making us one of the industry's most reliable suppliers.With our production centred in Kazakhstan, and our developed and efficient structure and processes, we are perfectly positioned - geographically and as a business - to extend our strong regional presence as the market for natural resources shifts eastwards towards Russia, China and India.In adapting to these new opportunities, we will remain committed to the principles that have guided us throughout: committed leadership, sustained investment, technical innovation, and strong ethics.
European Goldfields is a developer-producer with 10 million ounces of gold reserves located within the European Union. European Goldfields has a cashflow positive operating mine in Greece and will evolve into a mid-tier producer through responsible development of 3 significant gold and base metal deposits in Greece and Romania. European Goldfields plans to build on its operating assets by expanding current mining operations, bringing development projects on stream and conducting an aggressive exploration program during 2010.
European Metal Recycling was formed in 1994 by Manchester-based Sheppard Group making the first of several key acquisitions to rapidly grow the company and create a global leader in recycling. European Metal Recycling employs 2,300 people and operates at 100 locations around the world.Our core business is the recycling of metal-rich waste streams arising from end of life vehicles/ consumer products, industry and construction/ demolition, resulting in sales of recycled commodities of around 10 million tonnes a year. Not only do we have extensive ferrous and non-ferrous operations, we are also rapidly expanding our activities in plastics and other materials. Already we produce over 100 grades of recycled products, which are taken to market by our extensive road, rail and shipping network. Supporting our core activities are a range of specialist divisions, ranging from industrial clearance, total waste management and compliance services for manufacturers under new producer responsibility rules to local authority services on abandoned vehicles and metals arising from civic amenity sites, incinerators and recycling facilities. We even operate a multi-disciplined environmental consultancy.Our mission statement is simple: To maintain our position at the forefront of the industry by delivering the right products in the right volumes on time, and continually enhancing our portfolio of environmentally progressive services. European Metal Recycling has achieved sustained organic growth over the past decade, with an average annual compounded sales growth of 35% over the last 8 years and turnover topping £3 billion in the financial year 2008.
European Nickel is a UK registered company listed on the AIM, PLUS and ASX exchanges under the ticker symbol ENK. European Nickel is an emerging mid-tier nickel laterite producer focused on growth. The Çaldag project in Turkey is the Company's flagship asset with near term production and will be the world's first commercial scale nickel laterite heap leach operation. In addition, it will be one of the largest foreign direct investments in Turkey’s mining industry.The Company’s key competitive advantage over its peers is its proven and simple heap leaching process which produces a mixed hydroxide product at lower capital and operating costs than conventional forms of nickel laterite processing technologies.The Company's current projects are located in Turkey, the Philippines and Albania.In July 2010, European Nickel entered into a strategic partnership with Constantia Resources, a member of the Hunter Dickinson group through a two tranche, non-brokered private placement which will result in Constantia holding an interest of just under 30%. The first tranche will raise £3.36 million (approximately US$5 million). The second tranche, which is expected to take place within 30 days of the completion of the Çaldag project finance facility, will raise a further £36.7 million (approximately US$55 million). Hunter Dickinson has an exceptional track record in advancing mining projects through development and construction and on to operations. Their expertise will complement European Nickel’s management team and technological know-how to assist the successfully delivery of the Çaldag project.European Nickel also recently merged with Rusina to consolidate a global development pipeline that comprises of more than 1.3 million tonnes of nickel in reserves and resources. Following this merger, European Nickel were admitted to trading on the ASX in June 2010.
Everton Resources is a well funded junior exploration company with properties in the Dominican Republic, in Ontario and in Quebec. The Company provides investors with an exceptional portfolio of active projects in three separate and distinct emerging gold and base metals districts.Everton recently acquired Hays Lake Gold Inc., a private mining exploration company with various options to acquire a consolidated land package located in the Shoal Lake area, near Kenora, Ontario. The 38 km² Shoal Lake Gold Project is comprised of two significant high grade gold deposits: Duport and Cedar Island.Everton is actively exploring in the Dominican Republic, with land claims totalling 382 km², adjacent to where the world’s largest gold mining company, Barrick Gold is partnering with Goldcorp to develop the Pueblo Viejo deposit, at an estimated cost of $2.7 billion. The deposit contains 29.6 million ounces of gold, 4.8 billion pounds of zinc, 621.7 million pounds of copper and 173.6 million ounces of silver (December 2008). Everton also holds an impressive land package adjacent to Xstrata’s Falcondo nickel mine in the Dominican Republic. Everton is also exploring in the Opinaca region of James Bay, Quebec where Everton has amassed a large land claim adjacent to Goldcorp’s Eleonore gold deposit, acquired from Virginia Mines for approximately $500 million, where Goldcorp announced a gold resource estimate of 5.31 million ounces of gold in December 2008 (total resource, all categories).
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