26 E&MJ; • MARCH 2014 www.e-mj.com
NEWS-CALENDAR OF EVENTS
NEWS-CONTINUED
APRIL 7–9, 2014: 13
th
World Copper Conference, Grand Hyatt
Santiago, Chile. Contact: Tel: +44 (0) 20 7903 2444; Fax: +44 (0) 20
7903 2172; Email: conferences@crugroup.com.
APRIL 15–17, 2014: 116
th
National Western Mining Conference &
Exhibition, Colorado Convention Center, Denver, Colorado, USA.
Contact: Jody Gibbs, CMA marketing director; Tel: 303-575-9199;
Email: jgibbs@coloradomining.org.
APRIL 21–25, 2014: Expomin 2014, Santiago, Chile. Contact: FISA S.A.;
Tel: +56 (2) 530 7000; Email: info@fisa.cl; Web: www.expomin.cl.
APRIL 28–29, 2014: Copperbelt Mining Trade Expo and Conference,
Mist Gardens Venue, Kitwe, Zambia. Contact: Annemarie Roodbol;
Tel: 44 (0) 20 7384 7880; Web: www.cbm-tec.com.
MAY 11–12, 2014: Geominetech 14
th
Annual Symposium on New
Equipment, New Technology Management and Safety in Mines and
Mineral, Bhubaneswar, India. Contact: JK Hota, editor and organizing
secretary; Web: www.lusa.info/geominetech.
MAY 4–7, 2014: Solution Mining Research Institute Spring Technical
Conference with optional technical class on "Salt-cavern-induced
Subsidence & Sinkholes," San Antonio, Texas, USA. Contact:
John Voigt; Tel: +1 570 585 8092; Email: smri@solutionmining.org;
Web: www.solutionmining.org.
MAY 6–8, 2014: Mining & Engineering Western Australia, Perth
Convention and Exhibition Centre, Perth, Western Australia.
Contact: Reed Mining Events, Warren Queenan, sales manager;
Tel: 02 9422 2563; Email: warren.queenan@reedexhibitions.com.au;
Web: www.miningandengineeringwa.com.au/conference.
MAY 11–14, 2014: CIM 2014 Convention, Vancouver, British Columbia.
Contact: Lise Bujold, director of events; Tel: 514-939-2710 ext. 1308;
Email: lbujold@cim.org; Web: www.cim.org/en.aspx.
MAY 19–23, 2014: Colorado School of Mines (CSM) short course "Mineral
Processing—An Introduction to the Principles," CSM Campus in Golden,
Colorado, USA. Contact: Web: www.csmspace.com/events/minproc/.
MAY 20–22, 2014: 11
th
International Gold & Silver Symposiuym, Lima,
Peru. Contact: Web: www.symposium-del-oro.snmpe.org.
JUNE 12–13, 2014: MEMSA Technical Symposium, Clearwater Beach, Florida,
USA. Contact: Web: www.miningelectrical.org/this-year-s-meeting.html.
JUNE 10–12, 2014: Euro Mine Expo, Skellefteå, Sweden. Contact: Web:
www.euromineexpo.com.
JUNE 20–22, 2014: Seminar on Sustainable Development in Mineral &
Earth Resources SDMinER 2014, New Delhi, India. Contact: Dr.
Gyanindra Kumar Pradhan, professor of mining engineering and dean,
faculty of engineering and technology, AKS University; Tel:
+918120003355; Email: gkpradhan@aksuniversity.ac.in.
JULY 22–24, 2014: Queensland Mining & Engineering Exhibition
2014, Mackay Showground, Mackay, Queensland, Australia. Contact:
Tel: 1 201-251-2600; Fax: 1 201 251 2760; Web: www.queensland-
miningexpo.com.au.
AUGUST 2–8, 2014: 10
th
Mine Ventilation Congress, Sun City,
South Africa. Contact: IMVC 2014 Congress Secretariat; Tel: 27 (0)21
683 2934; Fax: 27 (0)21 683 0816; Email: info@imvc2014.org; Web:
www.imvc2014.org.
SEPTEMBER 16–18, 2014: China International Mining Expo 2014 at the
New China International Exhibition Center, Beijing. Contact: Web:
www.bjminexpo.com/.
SEPTEMBER 23–25, 2014: IMEX 2014, Las Vegas Convention Center,
Las Vegas, Nevada, USA. Contact: Tim Fearney, show director. Tel:
+1 678-822-9804; Email: tfearney@mining-media.com; Web:
www.imex2014.com.
SEPTEMBER 28–OCTOBER 1, 2014: Solution Mining Research Institute
Fall Technical Conference with optional technical class on "Salt-
cavern-induced Subsidence & Sinkholes," Groningen, The
Netherlands. Contact: John Voigt; Tel: 1 570 585 8092; Email:
smri@solutionmining.org; Web: www.solutionmining.org.
OCTOBER 1–4, 2014: 46
th
International October Conference on Mining
and Metallurgy, Hotel Jezero at Bor Lake, Bor, Serbia. Contact: Web:
www.ioc.tf.bor.ac.rs.
OCTOBER 12–16, 2014: 32
nd
International Conference and Exhibition
in the Zhengzhou Research Institute of CHALCO (China). Contact:
Sudipta (Dipa) Chaudhuri; Tel: 91 982 328 98 17; Email:icsoba@icso-
ba.info; Web: www.icsoba.info.
OCTOBER 29–31, 2014: M&E; Indonesia 2014, Jakarta International
Expo. Contact: Tel: +1 201-251-2600; Fax: +1 201 251 2760; Web:
www.miningandengineeringindo.com.
The Navachab mine is AngloGold
Ashanti's only operation in Namibia. It is
located about 170 km northwest of Wind-
hoek, the capital of Namibia, and approxi-
mately the same distance from the coastal
town of Swakopmund. The processing plant
has monthly throughput capacity of 120,000
mt and includes crushing, milling, carbon-in-
pulp, and electro-winning facilities.
As of December 31, 2012, Navachab
had gold mineral resources of 4.41 million
oz and gold ore reserves of 2.1 million oz.
The mine produced 74,000 oz of gold in
2012 at a cash cost of $929/oz, and for the
nine months to September 30, 2013, it pro-
duced 46,000 oz of gold at a cash cost of
$755/oz. Navachab accounts for less than
2% of AngloGold Ashanti's total production.
AngloGold Ashanti will receive deferred
consideration in the form of a net smelter
return (NSR) to be paid quarterly for a peri-
od of seven years following the second
anniversary of the closing date. The NSR
will be determined at 2% of ounces sold by
Navachab during a relevant quarter subject
to an average gold price of $1,350/oz
being achieved and capped at 18,750 oz
sold per quarter.
"We are executing on our strategy to
focus our efforts on assets of scale that drive
value in the business," said Charles Carter,
AngloGold Ashanti executive vice president
of strategy and business development.
"We're pleased to have reached agreement
to sell Navachab for fair value in the midst
of a difficult market. We believe that QKR is
the right group to take Navachab forward."
(Regional News-Africa - from p. 18)
Jinfeng is an open-pit and underground
mine in Guizhou province, south China. It
uses BIOX technology and a conventional
carbon-in-leach circuit to produce gold doré.
Tanjianshan is an open-pit mine in
Qinghai province, northwest China. Ore is
processed by flotation, roasting, and car-
bon-in-leach methods. When Tanjianshan
began commercial production in 2007,
Eldorado became the first North American
gold producer to build and operate a gold
mine in China.
White Mountain is an underground mine
in Jilin province, northeast China. Ore is
processed using conventional carbon-in-
leach methods to produce gold doré.
(Regional News-Asia - from p. 20)
EMJ_pg04-27_EMJ_pg04-27 3/3/14 10:32 AM Page 26