Resources Base Development

Mining indutry employs two methods when it comes to acquiring new geological resources . One of them involves the company's active presence on the M&A market (Mergers & Aquisitions) and take-overs of mining sites and operations with adequate geological resources of economic potential.

Evaluation Criteria of New Resource Project

The other method  of developing the resource base involves  a licensed exploration and geological prospecting of designated areas where key mining payers conduct thier individual investigations in the three main areas :

  1. greenfield exploration - new deposits,
  2. brownfield exploration  - records of previous exploration are available
  3. in-mine and near-mine exploration - exploration of areas adjacent to the productive assets to exent the life of a mine.