Centerra Gold reported a 36 percent increase in the size of its measured and indicated gold resources on Thursday, driven by exploration success at its Kumtor mine in the Kyrgyz Republic and other projects in Russia and Mongolia.

Listed in the TSX, miner, it is focused on gold projects in and around Central Asia.

Andrew Sazanov, President at Kumtor Gold Company, which is part of Centerra Gold, is set to speak at the 5th annual #CentralAsia Mining Congress on the company’s plans and strategies for growth.

Join him and 30 other speakers at this  premier platform where mining stakeholders to gain first-hand insights into the latest updates on the region’s major mines and mining policies that will impact their investments in the respective Central Asian countries.

To view full speakers list, click here. Or, download the brochure here: http://www.terrapinn.com/template/live/documents.aspx?e=4784

The MENA Mining Show team has recently gathered opinions from industry professionals on the biggest opportunities and challenges facing the exploration and development of mining projects in the Middle East and North Africa.

68% of our survey respondents believe that infrastructure provisions for mining projects are improving in the region, and here are the top 4 reasons given for the Middle East and North Africa’s increasing appeal as a mining destination:

33% – It’s an underexplored region
25% – The long-term mineral prospectivity
16% – The boom in commodity prices
14% – Good access to Asia and Europe

Click here for more stats, including the top commodities in the Middle East and North Africa, the biggest mining export markets and the biggest challenges for mine site operations in MENA.  

The MENA Mining Show team has recently gathered opinions from industry professionals on the biggest opportunities and challenges facing the exploration and development of mining projects in the Middle East and North Africa.

70% of our survey respondents think regulatory conditions and mining codes in the region are improving.  Here are the countries in the Middle East and North Africa believed to offer the best mining opportunities in the next 12 months:

36% – Saudi Arabia
36% – Morocco
22% – Mauritania
15% – Egypt

Click here for more stats, including the top commodities in the Middle East and North Africa, the biggest mining export markets and the biggest challenges for mine site operations in MENA.  

Mining Weekly

“The lack of rail and road, as well as power and water in large parts of Africa make it incredibly difficult for companies to start operations in Africa. Mines need to consider the extra funding and potential partnerships with local governments in order to operate in Africa,” the advisory firm said.

Another key challenge identified by miners was the availability of skilled labour.

“Midtier miners who are not afforded the same access to a global network of skills that the large-scale miners have, may see this as more of a challenge as the cost of importing skills to remote areas in Africa can be very high,” Deloitte noted.  Click here for the full article from Mining Weekly.

Eritrea has recently become more and more well positioned as a leading mining country in the region of North Africa. Simat Patel, a precious metals and energy investor also agrees with this statement as seen on the seeking alpha article. He believes that the two main mining companies already operating there are majorly undervalued and this is a unique opportunity for investors, regardless of the risks. 

This article just reinforces why the 5th Annual MENA Mining Show 2012 is so important, the only mining event in the region will be focusing on the North African mining countries, including Eritrea, Mauritania, Morocco, Algeria – as well as encompassing the Middle Eastern countries. The event held under the official patronage of the Ministry of Energy, UAE will be gathering the largest amount of Ministers, mining companies and service providers to discuss the potential mining opportunities spanning the Middle East and North Africa.

For more information contact sally.fleming@terrapinn.com

Stratex International, an exploration and development company, has reported a 230% increase in its resource total at its Öksüt high-sulphidation gold project in Turkey.

Sharecast reported in an interview with Bob Foster, CEO “It is now our intention to further investigate the potential for extensions of the Ortaçam North ore body further to the north and east where it remains open-ended”.

This shows the vast opportunity available in Turkey and the huge potential for new projects. Bob Foster, CEO, Stratex International will be participating as a keynote speaker and Gold Sponsor at the Turkey Mining Summit 2012, taking place from 4-7 June in Istanbul.

To have your chance of listening to Stratex International and other mining companies contact sally.fleming@terrapinn.com

The MENA Mining Show team has recently gathered opinions from industry professionals on the biggest opportunities and challenges facing the exploration and development of mining projects in the Middle East and North Africa.

89% of respondents to our survey think the commercial viability of MENA mining opportunities will increase next year. 

Here are the top 5 commodities our respondents believed to present the best investment opportunity in the Middle East and North Africa:

58% – Gold
45% – Copper
36% – Iron Ore
22% – Phosphate
15% – Potash

Click here for more stats, including the countries offering the best mining opportunities, the biggest mining export markets and the biggest challenges for mine site operations in MENA. 

The MENA Mining Show team has recently gathered opinions from industry professionals on the biggest opportunities and challenges facing the exploration and development of MENA mining projects.

68% of our survey respondents believe that infrastructure provisions for mining projects are improving in the Middle East and North Africa.  Here are the top 4 reasons given for the region’s appeal as a mining destination:

33% – Underexplored region
25% – Long-term mineral prospectivity
16% – The boom in commodity prices
14% – Good access to Asia and Europe

Click here for more stats, including the top commodities in the Middle East and North Africa, the biggest mining export markets and the biggest challenges for mine site operations in MENA.  

Deloitte has warned that mining companies face a more challenging environment, as African governments are demanding greater contributions from mining companies operating on the continent.

Deloitte advisor Ross Jerrard explains “Globally, there is acknowledgement that Africa has significant untapped reserves; everyone is forced to go into Africa now, and the governments themselves recognise this and they want to realise the true potential of this move. They are making sure that they don’t lose out on the longer-term benefits of the project, whereas, in the past, it has really been a focus on the maximisation of short-term gains”

According to MiningWeekly.com Jerrard says that, in many instances, junior miners are no longer just expected to supply funds for exploration and local job creation, but are now asked to contribute to the long-term development of the community in which they operate.

Despite these changes in African governments’ approach to mining on the continent, Africa remains a prime investment destination, and while the risks and challenges associated with investing in Africa are well recognised, there is an appreciation that the continent is on the up.

There are instances where historically inhospitable countries are opening the lines of communication for possible mining investment, with examples of investments into Ethiopia, Morocco, Uganda and Tunisia.

Click here to read the full article from MiningWeekly.com.

The CEO gave a review of the progress of Mawarid’s current copper mining program, discussing the uniqueness of the Al Batinah region and outlined the company’s community development programme.  Mr Jensen also provided an overview of Mawarid’s plans outside Oman, including exploration into Kazakhstan and Saudi Arabia.

Click here to download a copy of the full presentation from Mawarid.