Wecan’timagineanexistenceourselvesinthisworldwithoutminingindustry.Themining industryishighlyresponsibleforthe growthofhumanbeingsfromthestartofthe
Chalcolithicperiodtothecurrenthighlysophisticatedhumanlives.Whenwegothroughthe periodictableandseethedifferentelementswithdifferentproperties,wecometoknowmanyofthemare extractedfromtheearth'scrustthroughminingoperationsintherawform.Andsomeofthemaresoluble saltsofmetalsfoundinseawater.Ourearthishavingcrustofdifferentlayers,andcorescontainmany highlyvaluableandunaccountableelements,butwehavereachedonlyafewofthemstill.
Today,weareusingdifferentmetalsanditsalloysfordifferentpurposessuchasmachines,civil constructions,automobiles,homeappliances,andmanymore.Mostofthemetalsareextractedfrommines only Aselectricityhasbecomeanunavoidablepartofhumanlifeaswecan'tperformourroutineactivities withoutelectricpower.Still,mostoftheworldishighlydependentoncoalforpowergeneration,whichis directlycomingfromcoalmines.Today,wecanobservethatthereismassiveresearchandinnovationsare goingontofindoutmostsuitableandefficientalternativeelementsfordifferentapplications.These advancementsaretransformingminingindustriestooutperformandsupplymostsophisticatedmaterial fromvarioussitesontheglobe.
Allthesefactorshavemadeustogototheissue,“The10BestMiningCompaniestowatch2018.”On thecoverofthisissuewehaveGoldenArrowResourcesCorporation: Successfully Identifying, Acquiring and Advancing Precious and Base metal discoveries.GoldenArrowResourcesCorporationisa Vancouver-basedexplorerwithahistoryofsuccessinidentifying,acquiringandadvancingpreciousand basemetaldiscoverieswiththegoalofdefiningworld-classdeposits.GoldenArrowisamemberofthe GrossoGroup;amanagementcompanyspecializedinresourceexploration.TheGrossoGroup,headedby JosephGrosso,believesstronglyinthemineralpotentialofArgentinaandhasfocusedexplorationefforts theresince1993whenthecountryopenedtoforeigninvestment.
Mr.JosephGrossoistheExecutiveChairman,CEO&PresidentofGoldenArrowResources Corporation.Mr.GrossobecameoneoftheearlypioneersoftheminingsectorinArgentinain1993 whenminingwasopenedtoforeigninvestmentandwasnamedArgentina’s‘MiningManofThe Year’in2005.HisknowledgeofArgentinawasinstrumentalinattractingapremierteam,whichled totheacquisitionofkeypropertiesintheGoldenArrow’sportfolio.Hehassuccessfullyformed strategicalliancesandnegotiatedwithminingindustrymajorssuchasBarrick,Teck,Newmont, Viceroy(nowYamanaGold)andValeS.A.,andgovernmentofficialsatalllevels.
WestHighYieldResourcesLtd.: Your Future Supplier of Magnesium Products,flashingasa CompanyoftheMonthforthisissue.WestHighYield(W.H.Y.)ResourcesLtdTSXVenture(WHY) isajuniorminingexplorationcompanyengagedintheacquisition,exploration,anddevelopmentof mineralpropertiesinWesternCanada.ThecompanyassetislocatedtwomilesnorthofWashington StateintheprovinceofBritishColumbia,Canadaandcomprisedofa7.5-sqkilometeroutcropof nature’sgreenestbuildingblocksincludingcreditsforSilicaandNickel.Themineincludesroads, powerandwaterapproximatinga$1BillionDollarsavingsinreducedcapitalcostsandaccessto CN'sRailHubislessthan5milesawayenablingWHYtorapidlyfillmaterialordersforeco-friendly productscriticaltotheNorthAmerica'seconomy,consumersandMilitaryforgenerationstocome.
Afterdoingin-depthresearch,wehaveenlistedcompaniesfromtheglobewhoaresuccessfully fulfillingtheworld'sminingdemandsexclusively BeckerMiningSystems: Leading the Global Mining with
A Global Lithium Company, and GlobalEnergyMetals
Resources
the Decade With New Cobalt Exposure.
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MininginArgentinaisan importantregional producerofminerals, includingprimaryaluminum,lead, copper,zinc,silver,andgold.Many ofsuchnewcomersarefrom Australia,butCanadaremainsthe leadingforeigninvestorin Argentina’sminingindustrywitha 60percentdominance.
Thecontributiontotheeconomyof theminingsectorinArgentinais considerablylowinrelationto BoliviaandChile,andtotheworld's average.However,itisexpectedthat theindustrywillgainimportance, especiallyfromlargerinvestments thatmaybeattractedbychangesin marketconditionssupportedby strongincentivesfromthenational governmenttotheminingindustry GoldenArrowResources CorporationisaVancouver-based explorerwithahistoryofsuccessin identifying,acquiringandadvancing preciousandbasemetaldiscoveries withthegoalofdefiningworld-class deposits.
ManagementatGoldenArrow considersArgentinatobeanunder exploredcountrywithhighly promisinggeologicalpotential stemmingfromitsdirectborderwith someoftheworld'smostprolific miningareasincludingtheElIndio belt,theMaricungabelt,andthe Boliviansilver-zinc-tinbelt.
Management’slongtenurein Argentinaandpositivetrack-record ofcommunityandgovernment relationshasledtoGoldenArrow’s portfolioofprojectscontainingover
200,000hectaresofproperties.These projectsarestrategicallylocatednear majorminesandwithinwell-known miningdistricts.
GoldenArrowhasasuccessfultrack recordofcreatingvaluebymaking preciousandbasemetaldiscoveries andadvancingthemintoexceptional deposits.GoldenArrowownsa25% shareof Puna Operations, Inc a jointventurecompanyoperatedby SSR Mining,anexperienced preciousmetalsminer.Puna Operationsisproducing silver concentrate fromthe Pirquitas operation anddevelopingthenearby Chinchillas silver project,whichhas
morethan8yearsofforecast productionandupsidepotential.
GoldenArrowmaintainsan explorationofficeinMendozaandis wellpositionedtoundertakea systematicexploration,bothdirectly andwithjointventurepartners.
GoldenArrowisamemberofthe GrossoGroup,amanagement companyspecializedinresource exploration.TheGrossoGroup, headedbyJosephGrosso,believes stronglyinthemineralpotentialof Argentinaandhasfocused explorationeffortstheresince1993 whenthecountryopenedtoforeign investment.TheGroup’ssuccessat themineraldiscovery,aswellasits achievementsincommunityand governmentrelations,hasmadeita highlyregardedandtrustedexplorer throughoutArgentina.Golden Arrow’sstrategyistocapitalizeon boththecorporateexpertiseandthe explorationtalentoftheGrosso GroupteamtofindtheGroup’sfifth significantdepositinArgentina. GoldenArrowisactivelyexploring onitsmorethan200,000hectaresof propertiesinArgentina.
Mr.JosephGrossoistheExecutive Chairman,CEO&Presidentof GoldenArrowResources Corporation.Mr.Grossobecame oneoftheearlypioneersofthe miningsectorinArgentinain1993 whenminingwasopenedtoforeign investmentandwasnamed Argentina’s'MiningManofThe Year’in2005.Hisknowledgeof Argentinawasinstrumentalin
attractingapremierteam,whichledtotheacquisitionofkey propertiesintheGoldenArrow’sportfolio.Hehassuccessfully formedstrategicalliancesandnegotiatedwithminingindustrymajors suchasBarrick,Teck,Newmont,Viceroy(nowYamanaGold)and ValeS.A.,andgovernmentofficialsatalllevels.
Mr.Grosso’sspecialtyisfinancing,negotiations,corporateand marketingstrategy,andhewasanearlyandpassionateadopterofbest practicesinenvironmentalprotectionandsocio-economic developmentthroughmineralexploration.Mr.Grossoisalso FounderandPresidentofGrossoGroupManagementLtd.
Everyorganizationfacesdifficultiesandobstacleswhileoutperformingthesuccesscurve.Similarly,GoldenArrowalsofaced manychallengessinceitsinception.Asaminingcompanytheir challengesalsowell-known,suchasbearmarkets,onerouspermitting requirements,regimechange,andmetalprices.
Mr.Grossoalwayssuggeststoyoungentrepreneursinminingspace, forthebusinessgrowth− “Seek out experts with a track record of success.”
OnMarch31,2017,GoldenArrowreceivedtherequirednoticefrom SSRMining.(NASDAQ/TSX:SSRM,“SSRM”)toexerciseits optionontheChinchillasprojectandformajointventuretocombine theChinchillasprojectwiththeproducingPirquitasMineintoa singlenewoperation.Thejointventureisownedona75%/25% basisbySSRMandGRG,respectively.SSRMistheoperatorand reportsthedetailedoperationalresultsintheirquarterlyreporting, whichisavailableontheirwebsiteorSEDARprofile.Thefinal permit(“EIA”)forChinchillaswasreceivedattheendofDecember 2017,andconstructionanddevelopmentactivitiesareunderway.The firstdeliveryoforetothemillisexpectedinthesecondhalfof2018.
AsGoldenArrowisprimaryanexplorationcompanysoroboticsare notusedatthistime,butinnearfuturecompanywillbearmedwith roboticstooastheprocessofdevelopmentsinroboticsisongoing.
TeamGoldenArrowcalculatesdifferenttechnologicaladvancements whichcanbewell-suitedfortheminingindustry Throughtheir researchandexperiences,theybelievethatthelifecycleofmining beginswithexploration,continuesthroughproduction,andendswith closureandpostmininglanduse.Newtechnologiescanbenefitthe miningindustryandconsumersinallstagesofthislifecycle.
TeamGoldenArrowconsidersgeochemicaltechniquesasavery importanttoolintheminingfield.Surfacegeochemicalprospecting involvesanalyzingsoil,rock,water,vegetation,andvapor(e.g., mercuryandhydrocarbonsinsoilgas)fortraceamountsofmetalsor otherelementsthatmayindicatethepresenceofaburiedoredeposit. Geochemicaltechniqueshaveplayedakeyroleinthediscoveryof numerousmineraldeposits,andtheycontinuetobeastandardmethod ofexploration.
GoldenArrow’sstrategyistocapitalizeonboththecorporate expertiseandtheexplorationtalentoftheGrossoGroupteamtofind theGroup’sfifthsignificantdepositinArgentina.GoldenArrowis activelyexploringonitsmorethan200,000hectaresofpropertiesin Argentina.
AfricanRainbowMinerals arm.co.za
AuraMineralsInc. auraminerals.com
AndréWilkens
ExecutiveDirector: Growth&Strategic Development
RodrigoBarbosa President& ChiefExecutiveOfficer
AfricanRainbowMinerals(ARM)isaleadingSouthAfrican diversifiedminingandmineralscompanywithlong-life,low unitcostoperations.
AuraMinerals(TSX:ORA)isamid-tiergold-copperproduction companyfocusedontheoperationanddevelopmentofgoldand copperprojectsintheAmericas.
AusProof ausproof.com.au AstonMarks ManagingDirector
BeckerMiningSystems de.becker-mining.com
Dr.FranzBecker CEO
AusProofaretheoriginalequipmentmanufacturer(OEM)of electricalcablecouplersandcomponentsusedinunderground andopen-cutcoalmetalliferousmines,andalsointunnel excavationprojects.
BeckerMiningSystemsisaleadingglobalsupplierofunique systemsolutionsfortheminingsector.
GalaxyResourcesLimited galaxylithium.com AnthonyTse MD&CEO
GlobalEnergyMetals Corp
GoldenArrowResources Corporation
GuyanaGoldfieldsInc.
MitchellSmith President&CEO
GalaxyResourcesLimited(Galaxy)isaninternationalS&P/ ASX200Indexcompanywithlithiumhardrockandbrine projectsinAustralia,ArgentinaandCanada.
GlobalEnergyMetalsisarareandcompellinginvestment opportunityinthecobaltsector.
Mr.JosephGrosso ExecutiveChairman CEO&President
ScottA.Caldwell President&CEO Director
GoldenArrowResourcesCorporationisaproductionand explorationcompanywithasuccessfultrackrecordofcreating valuebymakingpreciousandbasemetaldiscoveriesand advancingthemintoexceptionaldeposits.
GuyanaGoldfieldsInc.isaCanadianbasedmid-tiergold producerprimarilyfocusedontheexploration,developmentand operationofgolddepositsinGuyana,SouthAmerica.
KootenaySilverInc.
WestHighYieldResources Ltd.
RajwantKang ChiefFinancialOfficer &CorporateSecretary
FrankMarasco Director,President& CEO
KootenaySilverInc.isaCanadianandMexicanbasedsilver explorationcompanyactivelyengagedinthedevelopmentof twomajorsilverprojectsinMexico.
WestHighYield(W.H.Y.)Resourcesisajuniormining explorationcompanyengagedintheacquisition,exploration, anddevelopmentofmineralpropertiesinWesternCanada.
WestHighYield(W.H.Y.)ResourcesLtdTSX
Venture(WHY)isajuniorminingexploration companyengagedintheacquisition, exploration,anddevelopmentofmineralpropertiesin WesternCanada.Thecompanyaftercompletingtheir PreliminaryEconomicAssessment(PEANI43-101)in 2013demandforMgOxide,IngotsandFertilizerhasrisen exponentiallyandarenowfinalizingtheirEnvironmental AssessmentandBaselineStudiesincludingaMinePlan Applicationtomaximizereturns.Thecompanyassetis locatedtwomilesnorthofWashingtonStateintheprovince ofBritishColumbia,Canadaandcomprisedofa7.5-sq kilometeroutcropofnature’sgreenestbuildingblocks includingcreditsforSilicaandNickel.Themineincludes roads,powerandwaterapproximatinga$1BillionDollar savingsinreducedcapitalcostsandaccesstoCN’sRail Hubislessthan5milesawayenablingWHYtorapidlyfill materialordersforeco-friendlyproductscriticaltothe NorthAmerica’seconomy,consumersandMilitaryfor generationstocome.
TheNextisMagnesium:Green,Environment-Friendly, EfficientandSafeOption
MagnesiumMetalIngotsare75%lighterthansteel,60% lighterthantitaniumand33%lighterthanaluminiumand offerairline,automotiveandparticularlyElectricVehicle manufacturesthebeststrength-to-weightratiosofany structuralmetalcommonlyusedto-dateincludingMilitary
GradeMagnesiumalloysforArmourapplications.Mg batteriesareproventobefourtimescheaperandlasttwelve timeslongerthanlithiumbatteriesandinconjunctionwith magnesium’sreducedweighttodensityratio,emission reductionhasbecomeareality.
Thisdurablegraymetalwithagreenfuturecontributesto all-in-onefireandmoldresistantbuildingmaterials includingMgWallboardandCement.MgWallboard’s compositionisstrongerthanthetraditionalboardandapart fromfire,water,mold,andmildewistermiteproof,reduces deforestationandcontroversiesderivedfromthelumber andtariffissues.TheviscosityofMgCementisratedat 9,000PSI-45,000PSIandlasts2,000-5,000yearsand remarkablyabsorbsCO emissionsasitsets.MgOxideoral2 useisalsoacriticalhealthsupplementduetotheoveruseof herbicidesanddiminishedlevelsofnaturalmagnesiumin processedfoods(Pharmaceutical/FoodGradePurity99%).
MgNitrateFertilizerandMgChloridearebothhighly sought-aftercommodities,neitheragriculturalenvironments ormunicipalitiescandowithout.
SomeoftheExclusiveBenefitsofMagnesium Magnesium Oxide: As a critical supplement Magnesiumisfoundinallthebody’stissues,particularlyin thebones,muscles,andbrain.Infact,manybodily processessimplycannotoccurwithoutit,includingenergy production,chemicalpumps,andmembranestabilization.
Over300enzymes requirethepresenceof magnesiumionsfortheir catalyticaction!Thelist ofmedicalconditions causedbylackof magnesiumissobigthat thereareover3,500 medicalreferenceson magnesiumdeficiency Itisanover-the-counter mineraleffectiveasa treatmentforcountless diseasesanddisorders. Andyetmagnesiumis alsousedbyemergency roomphysicians intravenouslyincritical caresituationsintheER formanycriticalcare issuessuchasarrhythmia,constipation, seizures,heartfailure,highblood pressureduringpregnancyandmore.
Mg Wallboard: Fireproof, smoke proof, waterproof, mold, mildew and termite proof
Plywood,OSB,anddrywallarethe currentstandardswhenitcomesto buildingconstruction.It’srelatively cheapandeasytoinstall.Butthat'sjust aboutwherethebenefitsfordrywall, plywoodandOSBend.
Whenitcomestomagnesium wallboard,thepossibilitiesandbenefits forconstructionarevast.Beyondits superiordurability,Mgwallboardcan comeinjustaboutanyshapeorsize, anditstickstojustaboutanything.
Magnesium Cement: 9,000 PSI45,000 PSI, Lasts 2,000 - 5,000 Years. Absorbs CO 2 Emissions as it Sets Magnesium-basedcementsareamong theoldestbuildingmaterialsinthe worldandaremucholderthanthe Portlandcementtypicallyusedin constructionprojectsaroundtheworld. What’smore,magnesiumcementis
carbonneutral,whereasregularcementisverycarbonintensive.Theruleof thumbisthatforeverytonneofcementyoumake,onetonneofCO2isproduced, makingitoneofthedirtiestindustrialprocessesontheplanet!Newmagnesium cementtechnologieshavethepotentialtocompletelyreversethattrend.
Magnesium Batteries: 4X cheaper, 12X longer lasting than Lithium WhatsetsanMg-ionbatteryapartfromitsLi-ioncounterpartisthattheelectrolyte issolid,notliquidlikewefindinbatteriesnowadays.Thismeansthatthebatteries willbefarsaferbecausetheywillnotcatchfirelikeLi-ionbatteriesareknownfor
Magnesium alloys: For Lighter and Efficient Automotives Magnesiumingotsarethelightestandstrongestmetalbasedonweighttodensity ratio.Theyare75%lighterthansteel,60%lighterthantitaniumand33%lighter thanaluminium,allofwhichresultsinlowerCO2emissionsinalluses.
Thelargestmarketformagnesiummetalisaluminumalloyinganddiescasting, comprisingtwo-thirdsofmagnesiummetaluse.Primaryindustryisautomotive andairline.
Magnesium nitrate fertilizer: The Chlorophyll Atom Allplants,animals,andhumansrequiremagnesiumforlife!
MAGNESIUM CHLORIDE: Keeping our roads safe and free of ice and dust
DrivingForceofWHY
FrankMarasco CEO WestHighYield(W.H.Y.)ResourcesLtdisthe of . WHY’sBoardofDirectorschallengeanyonetoaccomplishwhatFrankhas individuallyaccomplishedeitherinsideoroutsideofmining.Forover45years Frankhassuccessfullybeeninvolvedinvariousbusinessventuresincludingas CEOintheHospitality,Real-EstateandRetailindustriesandapartfromfurthering
Frank Marasco CEO
WHY’sgoals,hasbeenacatalystforyoungentrepreneurs. FrankKNOWSHowtoMakePayroll!Althoughrelatively newtominingFrankhassingle-handedlyraisedover $21,000,000advocatingtheneedforgreenerenergyand lightermaterialswhiledottingevery“I”andcrossingevery “t”alongtheway.Hisentrepreneurialspirit,driveand abilitytoconstantlythinkoutsidetheboxhaveattracted investors,otherentrepreneursandformerlyelected representativeswhoalsobelieveinhisvision.
DelightfulJourneyandChallengessinceInception WHYwasestablishedin2003withafocusonexploringfor goldwithgreatresults.Fortunately,thereisgoldbut fortuitouslyduringexplorationWHYtrippedoverand discoveredaWorldClassMagnesiumAsseteitherforgotten orinlateryearsoverlooked,possiblyduetothedemandfor magnesiumthen,pricespaidorcostsassociatedwith processing.Sincethattimethecompanyhaswitnessed magnesiumgrowthapartfromraisingfundsduringthe worstrecessionsincethegreatdepressionchallengeslay withinmeetingthetremendouscostsassociatedwith engineering,legalandaccountingfeesinmeeting establishedminingandenvironmentalguidelines.
After14.5yearsoffollowingprotocolandearningthe confidenceofallstakeholdersWHYisreceivingcallsfrom IvoryLeagueUniversitiesofferingnewandprovenwaysof processingMagnesiumatnegligiblecostwithoutomitting C0 emissions.Sincecompany’smagnesiumisofthe2 highestquality(99%Purity),turningMgintoMetalIngots, FertilizerorMgBatteriescoupledwithnewtechnology meanswaittimesforManufacturesaregreatlyreduced.The companyhashadnumerousinquiriesfromVehicleParts andWallboardcompaniestoPharmaceuticalFoodGrade manufactureswholikethefactthattheirsupplyofraw materialisdependable,inexhaustibleandcloseathand. Furthermore,WHYteamishappytoreportbarringany unforeseeableproblems,twofinalminingpermitsinhand shallenablethemtobeginshippingmaterialinspring2019.
WHYteamindeedfortunatetobeinvolvedinagreen commoditywhichpeopleneedandareknockingdownthe doortogetwhileitsusesareexpandingdaily;yetforthe timebeingtheyremainfocusedonobtainingpermits.Once permitsareinhand,theycanthenbegincreating employmentopportunities,royaltiesforthegovernmentand solidreturnsfortheirinvestors.TeamWHYbelievesthat thetrickinbusinessispatienceandperseverance!
Animmensenumberofhigh-techindustries worldwidedependuponnaturalresourcessuchas mineralsandmetals;coalisstillbeingoneofthe leadingglobalenergyresources.Duetoaglobal overproductionincoal,thecoalpriceerodedintheyears aftertheglobalfinancialcrisesof2007.Metalpricesfell duetothefinancialcrisesandalsotooksometimeto recover(mainlyexcludingrareearths).Producershadto dramaticallycutcostsand/orshutdownentireoperations.
Thebottomofthecoalminingmarketwashitin2015-2016 andhasbeenrecoveringsince.However,manymine operatorshavestartedinvestingagainandevenoldmine sitesareputtooperationagain.Digitizationhasalsoarrived inthemarketandisdrivingtechnologicaladvancements.
HeadquarteredinFriedrichsthal,Germany,theBecker MiningSystemsGroupisasystemsupplierformining infrastructure.Itistheonlyworldwidesupplierofcomplete energy,automation,communication,andtransportation infrastructurefortheminingindustry.Inadditionto Germany,thecompanyhasitssubsidiariesinFrance, Poland,Russia,China,SouthAfrica,Australia,theUSA, Canada,MexicoandChile.Sincethemiddleofthe1980s, BeckerMiningSystemshasfollowedaconsistent internationalizationstrategyandthuscounteredthe recedingminingmarketinitshomecountry.
TheBeckerMiningSystemsGroupwasfoundedby WalterBeckerin1964intheGermanSaarRegionin South-WestGermany.WalterBeckerstartedthebusinessas
arepairandoverhaulservicetothelocalmines,butsoon begantodevelophisownproducts–mainlyinthefieldof undergroundtransportationandsafetyequipment.
In1980,newproductdevelopmentsinthefieldof communicationandenergydistributionstartedoffandthe businesswasestablishedasoneofthemainsupplierstothe Germannationalcoalindustry.
In1983,WalterBeckerandhissonFranzBeckerbeganto expandthecompanyintoothercountries.Thefirst subsidiarieswerefoundedinSouthAfrica,Polandand China.
Between2003and2006furthergrowthwasachievedwith establishmentsofsubsidiariesinRussia,Australiaand Canada.ThefurtheracquisitionsinAustralia,Chile,South AfricaandtheUSAcompletethestructureofthecurrent group.Addingtotheseexpansions,apartnershipwithLasec Telecommunicationsleditsownerstoestablishyetanother
Leading the Global Mining with Unique System Solutions
subsidiaries and service centers in every major mining region of the world, we can provide you with a complete solution, wherever you require it.
subsidiaryinMexicoin2013.
TodaytheBeckerMiningSystemsGroupdeliversawide rangeofproductsinthefivefieldsofEnergyDistribution, Communication,Automation,TransportandRoofSupport. Itisatechnologicalleaderinallofitsproductfieldswho maintainsthehighestqualityandsafetystandardsintheir markets.
Since1990thecompanyhasbeenledbyProf.Dr.Franz BeckerwhoholdsaPhDinMechanicalEngineeringandis alsoaprofessorforautomationinminingattheTechnical UniversityofRhine-WestphaliainAachen,Germany
TheproductsofBeckerMiningSystemsprovidesolutions forhigherefficiencyandsafetyintheminingsectorforthe recoveryofnaturalresources.Theseproductsaredivided intotwosegments-ElectricalandMechanical.Thesegment Electricalconsistsofthethreeproductdivisions-energy distribution,automationandcommunication.Becker MiningSystemsofferscomplete,tailor-madeenergy infrastructuresolutionsthatyieldmaximumoutputeven underthemostdifficultconditions.
Intheareaofautomation,thecompanyoffersflexible solutionsthatguaranteethecomprehensivecontroland monitoringofallworkprocessesatalllevelsofamodern mine.
Anothercontributionismobileradiosolutionsthatenable uninterruptedcommunicationthroughouttheentire undergroundmine.Apartfromvoicetransmission,these solutionshelptotransmitdataandvideosignals undergroundandthemainminecontrolaboveground.
TransportationandRoofSupportarethetwocomponentsof theMechanicalsegment.Thecompanyhasbeendeveloping transportationsystemsformenandmaterialunderground sincethetimeofitsinitiation.Theproductportfolioranges fromtraprail,floor-mountedandoverheadmonorailsto chairliftsandconveyingsystems.
TheBeckerMiningSystemsGroup’sproductsleadtheir respectivefieldsintechnologyandquality Allofthe productsaredesignedtomaximizesecurityand productivitythroughhighestsafetystandards,powerful architectureandintuitivecontrolling.Addingtothis,the companyalsocanprovidecomprehensiveserviceand trainingineverymajorminingintheglobalarena.
Themainaimofthecompanyistocreatelongstanding partnershipswithitscustomers.Inthisway,theinnovative companycreatesanddevelopsproductsincollaboration andmakessurethesolutionisappropriateforthespecific needs.Theproductsareofhigheracquisitioncostthanits competitors,butsetTCO(TotalCostofOwnership) benchmarks.Over87%ofthecustomersthathavedeployed itsproductsatonepointwouldliketomaintainalong-term relationship.Safetyisacrucialaspectinmining,andthe productsofBeckerMiningSystemsmostlyexceedthe standards.
TheBeckerMiningSystemsGroupinpartnershipwiththe RWTHAachen,FraunhoferInstitute,DFKI(allGermanybased)andothers,developsnewapplicationsformining companies,whichuseAIanalyticstoprovidegreater insightandretainexperiencesfrombigvolumesofdata.
Reflectingonthefutureprospects,theCEOsaysthatthe companywillworktowardssettingtheindustrystandardin undergroundmininginfrastructureequipmentandintegrate emergingtechnologieslikeAI,VRandARanddigitalize thecompleteprocessofaminingoperationintheupcoming years.Inthisway,theteamwillcontinuetoprovideits customerswithproductsthatinsureandcreateahighvalue fortheiroperations.
President & CEO Prof. Dr. Franz Becker CEO
RoboticProcessAutomation(RPA)isanemerging processofautomationtechnologybasedonthe impressionofsoftwarerobotsandartificial intelligenceworkers.Itisaformofautomationwhichhas beenpositionedundertheconceptofscreenscraping.RPA isbelievedtobeasignificanttechnologicalexpansionof thistechniqueinthesensethatnewsoftwareplatformsare emanatingwhicharesufficientlyreliabletomakethis approachviableforoperationsinrenownedenterprises.
Justlikehumans,Robotsperformonavastrangeofregular tasks,softwarerobotsinterpret,triggerresponsesand communicateprofessionallywiththesystems.Enabling
RPAtoholdanyprocesseswillnotonlytransformand designtheorganization’sworkflow.Itwillallowforquality scalabilityandflexibilityinsideouttheenterprisewhichcan tailoredtothespecificneeds.Thesuperiorthingabout softwarerobotsaretheyareeasytotrainandtheyintegrate swiftlyintoanysystem.Theyconsistentlyupdatetheir progressreportstogoevenbetterandbiggerbyusing
operationalandbusinesspredictabilitywhileimproving logically
ProcessAutomationcontributesinvariousspecific technologiesthatcanautomatemundane,routine,creating
higherproductivity, standardizedtasksaswellas valuewithlesserinvestment.
Thissystemisrapidlygaining popularity,predominantlyinthe bankingandfinancesectorsduetothe largevolumeoftransactionsandthegreat benefitsthatcanberealizedwithinashort timeframe.Themagnitudeofthebenefits ofautomationisdirectlyproportionaltothe incrementalimprovementinthemanual processinghotspots.TheRPAplatform providesyourbusinesswiththescalability neededtostay,performandsustainontopof yourgame.
HerearetheadvantagesofroboticautomationEfficaciousCosting-Aspertheestimatedactroboticscuts operationalcostsby25-30%.Robotsarebetterenoughto operate24/7accordingtothechargingprocessandtakeno vacationwhencomparedtohumanswhowork9-5andalso haveapre-fixednumberofannualleaveseachyear.Having robotstakeoversomeofthemanuallyintensiveworkfrom humanscouldresultinvisiblegainsforthebusiness. Automationcanhelpyourecoverthecostwithinashort timespanandfromthenon,itisallonlyaboutgains.
Faultless&HighQuality-RPAoffersimprovedservices toprocessesthathaveahighprobabilityofhumanerror, therebyincreasingaccuracy.Robotsarereliable,and consistentanddonotwhinewhenexpectedtowork tirelessly.Theyalsoreducethecasesofre-worksand improvetheoutputqualitydrastically.Thebestparthereis thatrobotsfollowallrulestothedot,therebyproducing 100%accuracyintheprocessresultsandlet’snotforget whataddsmoresweetnesstothisdeal-thefast implementationofthistechnology.RPAoptimizes capabilitiesthatmultiplytheorganizationalcapacity
Consistency-Roboticsisasafe,non-invasivetechnology thatdoesn’tinterferewiththeinherentsystemsand providesaperfectconsistencyinperformingtheactivities acrosstheboard,eachtimeandeverytime.
EnhanceAnalytics-Havingaccesstoerrorfree,accurate datafromvarioussourceswouldimprovethequalityof analyticsintheprocess.Thisleadstobetterdecision makingandoverall,tothebettermentoftheprocess execution.
EmployeeProductivity-RPAultimatelyfacilitieshumans androbotstodojustwhattheyexcelat.AsRPAfreesthe employeesfromtheirmundanetasks,theycanfocusmore onclientandcustomerinteraction,relationship managementandothersuchactivitieswherehumans naturallyexcelat.Havingsatisfiedclientsandcustomers onlymeanbetterbusiness.
CustomerSatisfaction-Deliveringbetterqualityofwork withhighaccuracyandimprovedcustomer/client interactionleadstoincreasedcustomerandclient satisfaction.Thisonlyaddstothegoodwillofthebusiness.
Faster Asbotsarehandlingtheexecutionhere,alarger amountofworkcanbedoneinarelativelymuchshorter period.
RestorationfromMultipleSystems-RPAmakesthe tallyingofdataandinformationfrommultiplesystems possiblewhichgeneratesinformationthathelpswiththe integrationofprocess.
Multiskilled-RPAisapplicableacrossindustriesandhas theabilitytoperformawiderangeoftasks.Anyprocess thatisrulebasedandcanbedefinedandisrepeatable makesanidealautomationcandidate.
BetterITSupportAndManagement-RPAimprovesthe operationalqualityoftheservicedeskandmonitorsthe network.Thisenablescompaniestohandleshortterm spikeswithouthavingtorecruitextrastaffortrainthem. Asthisadvancedtechnologyisrevolutionizingprocess efficienciesandincreasingproductivityacrosscompanies,it ischangingthewayvariousbusinessesandbusinessmodels arerun.AnalystsareevensuggestingthatRPAiscreatinga secondparalleleconomythatconnectstothephysical economyinconcurrentsystemstospeed-upandoptimize knowledgework.Timeforyoutobringyourbusiness onboardandjointhebiggestchangeever
Andrew Bagrin is the Founder and Chief Executive Ofcer of My Digital Shield (MDS), a leading provider of Security-as-a-Service (SECaaS) for small businesses. With more than 17 years of experience in the IT security industry, Andrew started MDS in 2013 to bring cloud-based, enterprise-level security technology to small businesses at an affordable price.
Andrew Bagrin Founder & Chief Executive Ofcer
Bigger,faster,everywhere!The measurementofhowwerate technologyingeneral,but morespecificallydata communications.Fromthedaysof spendinghundredsofdollarsto upgradefroma14.4toa28.8modem, wehavealwayswantedthedatato arriveasfastaspossible.More importantly,wehavealwayswanted theuserexperiencetokeepimproving aswebreachnewhorizonsandfigure outhowtomakeitbigger,fasterand everywhere.
It’sinhumannaturetowanttoalways makethingswildlymoreimpressive fromaperformanceperspective.The carenginesjustkeptgettingbiggerand biggertomakethecarsgofasterand faster Atacertainpoint,therealists hadtostepinandmakeitclearthatan evenbiggerenginedoesn’tdo anything,becausetherestofthecaris notequippedforthatpower The engineitselfhastogetmoreefficient withtechnology,notjustbigger,and wehavetostartthinkingaboutother things,suchasstability,safety, efficiencyandlongevity Asnostalgic assomeofuscanbeoverthe1960’s vehicles,theeraofthePriusandTesla arehere.Eventheolderstylemuscle carsarepackedwithmuchnewer technologyandsafetyfeatures.
Irememberthedaysofbraggingabout thebonded128kISDNlineandwhen myfriendgota500kmodem.The locationtolivewouldgreatlybe determinedbywhattypeofinternetis available.Today,ifIasksomeofthe savvynetworkengineerswhattheir bandwidthisathome,theywon’teven know,andiftheycheck,it’susually aroundthe50-100Mb.Meanwhilethe lesssavvywillbragabouttheir300Mb
or1Gbfiberandwillbeupsetifthey areonlytestingat700Mb.
Whyisthisthecase?Whatchanged? Arewejustgettingolderandnot caringaboutlatestandgreatesttech anymore?Afterdiggingabitdeeper intothisquestionIrealizedthatweare thoserealistjumpingandsaying“do youseriouslythinkyouareusingmore than100Mbathome?”Thereasonthe internetiscrappyisnotbecauseofthe speed,butbecauseit’scrappy!
So, what are the important applications of the internet?
Browsing, Voice, Email/messaging, Social media, Shopping, Video streaming (movies), Payments/banking etc.Ofallofthese applications,itseemsthatsecurity, privacy,latency,qualityandreliability wouldbethemostimportantthings. Bandwidthwouldreallyonlycome intoplayforstreamingvideo.Netflix suggests5Mb/sforeveryHDstream. Thatmeansat100Mb,Icanhave twentyseparateHDNetflixstreamsat thesametime,andeventhatI’msure neverhappensinanyhouseholdor office.Sowhydowepushfor200Mb, 500mbor1Gb? Dowejustlovethe soundofit?
Ipredictthattherewillbesome refocusofhowconnectivityis provided.Themainfocuswillnotbe bandwidth,butwillbealltheother parameterswithbandwidthbeingone ofthem.Intelfinallychangedtomodel numberstomakeitclearthattheclock speedisnottheonlymetric.(I3,I5,I7)
SD-WANisbecomingarealityforall businessesanditwillsoonbecomea realityforhomesaswell.SD-WAN
providesreliability,quality,some privacyandlatency/jitterprevention.It alsoopensanewwayofdoingsecurity andmakingitmoreaccessiblefor everyone.Thisisthebeginningofa nextevolutionofhowdatawillbe deliveredworldwide.Theconnection betweenLANandinternethasrelied onthewrongmetricandpoorquality forlongenoughandtheworldis realizingitnow.Alongwiththe realizationsandnewtechnologies, peoplewillquicklyretiretheold metricandstartlookingatnewmetrics asthelitmustestofconnectivity
Carriershavebeenbuildingservices bundledtogetherwiththeirunreliable connection.Theyarenowstartingto shifttoprovidethoseserviceOTPorat thetop,whichmeanprovideitonthe IPlayeranddecoupledfromthe connectioncarrierlayer.Longtime ago,Nortelmadeabigbetonservices overlayer2andtheylost,becauseit wasn’tdecoupledandcouldn’tprovide thelevelofintegrationthatwas needed.Meanwhile,othercompanies likeCiscoputtheirservicesoverlayer 3andquicklybecamethedominant playerintheindustry
Connectivitywilldecouplefrom servicestoenhancetheconnectivity andprovidetheservicesseparatelyon topoftheenhancedconnection.
Welcome to the future of always connected with quality, reliability, performance for its intended uses, not just making the gauge hit the red line!
GalaxyResourcesLimited(Galaxy)isan internationalS&P/ASX200Indexcompanywith lithiumproducingoperationsanddevelopment projectsinAustralia,ArgentinaandCanada,andwhose portfolioofassetsincludebothhardrockandbrineprojects. ItownstheMtCattlinOperationsinRavensthorpe,Western Australia,whichistargetingtoproduce200ktoflithium concentrate(25ktLCE)in2018;theSaldeVidalithium andpotashbrineproject,whichisa40-yearminelife projectwithacompletedDefinitiveFeasibilityStudyforthe futureproductionof25ktpaofbatterygradelithium carbonate,locatedontheSalardelHombreMuertoin Argentina;andalsotheJamesBaylithiumpegmatite projectinQuebec,Canada,anearlystagedevelopment projectcurrentlyundergoingfeasibilitywork.
Sincetheglobalfinancialcrisisof2008,demandforlithium mineralsandchemicalshasgrownsteadilyat10%to15% perannum.Thekeygrowthdriversindemandwerefrom thelithiumbattery,lubricantgrease,glassandceramic segments.Inrecentyears,thelithiumbatterysectorsaw growthinitiallyfromtheadoptionoflithiumionbatteries forconsumerelectronics,suchaslaptops,mobilephones andotherportabledevices-howeverinthelastcoupleof years,therehasbeenarapidincreaseindemandduetothe acceleratingadoptionofthelithiumionbatteryasthe preferredtechnologyinthefastgrowingelectricvehicle segment.Theglobalmarketforelectricvehicleshas expandedrapidlysince2015andisforecastedtogrow exponentiallyonwardsthroughthenextdecade,asglobal automobilemanufacturerslaunchmoreandmorenew electricvehiclemodelsandexecuteontheirEVstrategy Chinaiscurrentlydominatingtheelectricvehiclemarket withjustunder800,000newenergyvehiclessoldinthat
marketin2018,whichislargerinvolumethatthewholeof therestoftheworldmarketcombined.Galaxyisvery positiveabouttheglobaldemandoutlookandisaimingto becomeamajorproduceroflithiumproducts.
Thelithium-ionbatterysectorisoneofthelargest consumersoflithium,currentlyestimatedtobeclosetohalf oftotalgloballithiumdemand.Initiallyusedincomputing andmobilecommunicationdevices,lithium-ionbatteries arenowbeingincreasinglyusedtopowerfastgrowing sectors,suchaselectricvehiclesandmassenergystorage systems.Lithiumbatterieshavesuperiorenergydensity,are longlife,aswellasmoreefficientandenvironmentally friendlythantraditionalacidbatteries.
Glassandceramicsaccountedforc.25%oflithium consumptionin2016.Lithium’slowco-efficientofthermal expansionmakesitidealforglassandceramicapplications, suchasheat-proofovenwareandceramiccooktops, makingthemmorerobustinwithstandingthethermalshock ofrapidtemperaturechanges.
Thethirdlargestapplicationforlithiumisintheproduction ofmulti-purposelubricatinggreases.Lubricatinggrease consistsofmineraloilthickenedwithlithium,whichallows thegreasetoperformatawiderrangeofoperating temperatures.Greasesaccountedforc.10-12%oftotal consumptionin2016.
Lithiumisalsousedinpharmaceuticals,catalystsandother lithiumcompounds,airconditioning,dehumidification
systems,weldingelectrodes,nucleonics,luminescent paints,varnishesanddyes,rubberandaluminium production.
Galaxyisthe100%ownerandoperatoroftheproducing MtCattlinspodumeneproject,locatedtwokilometersnorth ofthetownofRavensthorpeinWesternAustralia. Operationsoftheupgradedplantwerebroughtinto commercialproductioninMay2017followingtherestartof productioninQ4of2016.In2016MtCattlinproduced156 thousandtonnesoflithiumconcentrate(spodumene) (c.19.5ktlithiumcarbonateequivalent).
InNovember2017,Galaxyannouncedthatithadentered intolongtermofftakeagreementswithmultiplecustomers foraminimumof200thousandtonnesperannumof lithiumconcentrate.Contracttermswere5yearsinduration andfor100%ofplannedproduction.
Galaxyiscurrentlycompletingaseriesofminorcapital worksatMtCattlin,includingtheinstallationofoptical sortingandanultra-finesdensemediumseparation(DMS) circuit.Theconstructionandcommissioningofthese improvementsisplannedtobecompletedduringQ3of 2018andareexpectedtoincreaserecoveriestowithinthe rangeof70-75%.
TheSaldeVida(SaltofLife)depositisoneoftheworld's largestandhighest-qualityundevelopedlithiumbrineswith significantexpansionpotential.Locatedinnorth-west Argentinainaregionknownasthe‘LithiumTriangle’ (hometomorethan50percentoftheworld’sannual productionoflithium),theprojectis100%ownedby GalaxyandislocatedonthesameSalarasFMC’sSalardel HombreMuertooperation.TheSalarlaysapproximately 1,400kilometersnorth-westofBuenosAiresatanaltitude of4,000meters.
InAugust2016,GalaxycompletedarevisionoftheSalde VidaDefinitiveFeasibilityStudy(DFS),illustratingan economicallyrobust,longlifeandlow-costlithiumand potashoperation.Thisstudyconsideredacombinedlithium carbonateandpotashoperationof40yearswithannual productioncapacitiesof25thousandtonnesand95 thousandtonnes,respectively.Theselevelsofproduction aresupportedbylargemineralreservesof1.14Mtof lithiumcarbonateequivalentand4.20Mtofpotash equivalent.
TherevisedDFSreaffirmedthetechnicalsuperiorityand
President & CEO Anthony Tse Managing Director & Chief Executive Ofcer
low-costnatureoftheProjectandthepotentialforahighly profitableoperation.Thestudyestimatedaverageannual revenuesofUS$354mandapost-taxNPVofUS$1.4bn. Pre-productioncapitalexpenditurewasdefinedas US$376mandannualoperatingcostsofUS$3,369per tonneoflithiumcarbonatebeforepotashcredits(US$2,959 afterpotashcredits).
JamesBay GalaxyisalsothesoleowneroftheJamesBayspodumene project,locatedinQuebec,Canada.TheJamesBaydeposit isagloballysignificantresourceandprovidesadditional expansioncapacitytocapitaliseonfuturelithiumdemand growth,withthepotentialtosupplytheNorthAmerican andEuropeanmarkets.
Followingthecompletionofasignificantdrillingprogram throughout2017theCompanyupgradedtheJamesBay mineralresourceto40.8milliontonnesgradingat1.40% Li2O(100%indicated).
TheJamesBaydepositoccursatsurfaceandresource modelingindicatesthattheresourceisamenabletoopenpit extraction.Theproposedoperationisexpectedtohavea lowcostofenergyandissupportedbygoodinfrastructure, includingthePontdelaBaiseJamesHighway,an abundanceoflocalwatersourcesandmajorHydro-Quebec energyinfrastructure.
TheProjectiscurrentlyundergoingfeasibilitystudiesonan integratedoperation,incorporatingbothupstreammining andconcentrationanddownstreamchemicalconversion.
Nowadays!Everyonewantstosucceedintheir businesses,wanttodelivertheirbestquality products,andexcellentservices,fordelightingtheir clients.Forthat,acompany’steamsaretheirbackbonefor it.Businessesneedstrongteamsthatworksmartly,with excellence.Withoutthetalentedteam,you’rejustthe walkingdeadwithoutmotorskillstogowhereyouwantto go.
Thecrucialroleofateamwashighlightedbyarecentstudy fromRotmanSchoolofManagement.Itexhibitsthatthe successofanewventureoftendependsontheexpertiseof thefoundertoattractagreatteamaroundhimorher The researchersusedcensusdatatoanalyzeemployersinthe legalservicessectortotryandspotanypatternswhichwere spinningoutnewventures.Thesectorwaschosenbecause therearenonon-competerulestopreventemployees packingtheirbagsandstartingtheirownventure.
“Afounder’sindividualcharacteristicsareimportantbut what’smoreimportantarethatperson’sabilitytobringa biggerandmoreexperiencedteamwiththem,”the researcherssay.“Andthebiggerthatteamthemorelikely thefirmwillsucceed.”
Ateamisanygroupofpeoplewhoworktogetherto achievesomethingtogainasharedoutcome.Itmaybea salesteam,oracallcenterteam,orarugbyteam,orthe executiveteamofamultinationalcorporation.Thesame simplerulesforsuccessapplytoallofthem. Itstartswiththeteamleader.Everyteamneedsaleader,a
captain,achief,andthesuccessofthatteamisalmost entirelydependentonwhattheteamleaderdoes–and doesn’tdo.Greatteamensuresgreatteamwork,achieved byconsistentapplicationofsomeage-oldbasics:
ClearAccountabilities:Doeseveryoneknowexactlywhat theyareaccountablefor?Evenwithdetailedjob descriptions,peopleoftendon’tknowwhattheyare supposedtodo.Theteamleaderneedstomaketheteamis crystalaboutitsRACI(Responsible,Accountable,Consult, andInform-asimple,powerfultoolyoucaneasilygoogle).
SimpleMeasures:Aretherethefewclearstepstowards each,andfortheteamasawhole?Peoplelovetoknow whentheyaredoingagoodjob.Theywanttoknowwhat theymustdeliverandwhethertheyaregettingitright.
RobustDisciplines:Goodteamshavesolidroutinesthat createaregularcadence-daily,weeklyormonthlyusuallyin theformofgroupmeetings.Plan-Do-Review–the drumbeatofperformance.
Coachingforperformanceandgrowth:Teammembers thriveongood,objectingfeedback.Theywillbemore committediftheyfeeltheirperformanceisfairlyassessedif theirrealworkisacknowledgedandjustlyrewarded.A sensethatoneisbeingencouragedtogrowandadvanceis profoundlymotivating.
Skills:Teammembersneedtechnicalskillstogetthejob done-accountingskillsormerchandisingskillsorfront deskcustomersserviceskills.Andalsomanagementskillsinparticularfortheteamleaders-tokeeptheteamengaged, focusedandproductivefromMondaytoFriday.
Maintainingaqualityreputationamongstyourtargetaudienceisimperativetobeingsuccessfulinbusiness.Whatyour customersthinkofyouwillultimatelyshape,whetherornotthey’rewillingtodobusinesswithyou.Reputationmanagement isalsoanongoingpracticethatrequiresanarrayoftechniques.However,atthetopofthelistisqualitycustomerservice.The qualityofservicesyouprovidetoyourcustomerswillultimatelyshapetheiropinionofyou.Sinceyourstaffisinvolvedin providingdaytodayservices,itwillbeimportanttohaveacompetentteamthatisawareofhowtohandlethecustomer’s needsaccordingly
Thebottomlineisthattherightpeopledoallthethingsthatarenecessarytogetthebusinesstogrow:theygettheproduct right;theygettheserviceright;thecultureishealthy;theygetamotivatedteambehindthem.Everythingelsefallsinline.If youdon’thavethisright,theoppositehappens.It’sapainfulandexpensivemess.
odayweliveinatimewhichis
Tunprecedentedinhuman history.Technologyevolvesat thedropofahatandasitdoes, changesmanytangibleandintangible elementswithit.Fiveyearsagowe neverthoughtpeoplewouldselltheir carsandgothe“Uber-way”.Today, thatisareality Andamidstthis technologicaladvancementand evolution,thereliesopportunity.The questionI’moftenaskedishowdowe spotanopportunityandgrowbefore it’severatrendandtheindustry becomessaturated?Andmymost frequentresponseis:Ifitwerethat easywe’dallbemillionairesby creatingthenextbigthing.Buthere’s thesavinggrace:it’snotthathard either!HereareafewtoolsIusewhich havehelpedmespotopportunitylong beforeit’sbecomemainstream.
1.Startwhereyouare:You’vegot tostartwhereyouare.Don’twaitfor alltheduckstolineupinarowforyou becauseit’llneverhappen.Another reasonwhythisissoimportantis becausesomanypeoplethinkthatthey needtogetintoacertainindustryin ordertoinnovatenewandcrazyideas. Thenextbigthingcouldbeinyour veryindustry,whetherit’shealthcare orconstruction.There’saneedfor innovationandnewtecheverywhere!
Andifthat’snotenoughofareason, here’sanother:youknowyourindustry best!Ifyouswitchindustriesit’llmean youhavetostartoverandlearnabout anentirelynewindustryandguess what,anyonewho’sbeeninthe industryanylongerthanyoualready hasanupper-hand.Sostartwhereyou are!
2.Lookout!Keepaneyeopenfor thingsnotworkingthewaythey should.LikeSethGodinsaid: “Broken!”Lookingforthingsthatare broken.Brokenstuffneedsfixingand thereasonitain’tfixedisbecause whentheymadethething,thetech didn’texist.Todayyoucancreatetech thatcansolvetheproblemofthe “broken”syndrome.
3.UsabilityandFunctionality:It’s appallingtoseethenumberof technologiesthathavebeencreated thatnooneuses.Iwasrecentlyonthe judgingpanelofastart-upeventandI wasamazedbythekindsoftechnology thathavebeenbuiltwithouteverdoing auser-baseanalysis.Ifyoudon’thave anyusers,youdon’tmakeanymoney Andifyoucan’tmakemoneythanthis isn’tabusiness,it’sahobby.It’sso simplebutpassionateentrepreneurs whobelieveintheirproductoften forgetthis.I’mtalkingtometoo!
4.Hireforattitude:Somanyleaders hireandfirepeoplebecauseacertain personhadordidn’thavetheright qualifications.Qualificationscanbe developed,skillscanbebuild, techniquescanbelearned;butadeeply ingrainedcharacteristicorattitude cannotbeeasilychanged.Wehire peopleforattitudeandnotjustfor whattheyknow.Thisofcoursedoesn’t meanyougoabouthiringpeoplewith greatattitude,youwon’tgetveryfar withthatmentalityeither.Oneneedsto attheleastbegintoprioritizeattitude morethanwearecurrently Thegreatestentrepreneursofourtime areapplyingtheseveryskillsand turningindustriesontheirheads.It’s timeyoudidittoo!Andoh!IfIwere toaddonemorethingtothelist,I’d say:
5.Feedback!Listentoyourusers. Listentowhatthey’resayingbecause initliesyourverysolution.I rememberreadinganarticlebyBill Gatesonceinwhichhesaid:“Your mostunhappycustomersareyour greatestsourceoflearning”
Newtechnologiesareshapingthefutureon eco-friendlyterms.Humanshavecauseda tremendousharmtotheenvironmentinthe pastfewyears,overcomingthis;someserious attemptsarebeingtakentoodeliberately.Overthe yearsmininghasaffectedtheecosystemdiversely, causingvarietiesofpollutionandcontamination. Thisresultedintheenvironmentaltaximpositionby thegovernmentonminingcompanies.Lateron, choiceofeco-friendlyminingwasconsideredbythe governmentaswellasprivatecompanies;new technologiesalsomadeeco-miningvisionpossible.
Eco-miningwillnotonlyreducetheenvironmental impact,butalsoaboontotheminingindustriesby increasingefficiencyandreducingtheextracting cost.Theconceptofeco-miningclearlyexplainsthe preventionofthereleaseoftoxinsintothe environment;inaddition,implementingnew technologieswillbeabighandfortherapid amendments.Certainhighlytechnicalmachineryis listedbelow,describingitsmainpurposeandfuture holdinminingindustries.
Ozonix:TheProspectofWaterTreatmentin Mining.
‘Recycling and reusing is the best solution for every waste related issues.’
Someoftheminingcompaniesdumptheirwaste directlyintowaterbodiesresultingin contamination,causingharmtovariousdependable nearbyorganisms.
Technically,thechemicalusedfortheprocesses containshighlytoxicmaterialswhichfurtherare
dumpedintothenearbyponds.Recently,toovercomesuchconcernsnewinnovativemachineshavebeenintroducedto themarket‘OZONIX’.Ozonix—isthechemical-freealternativeforhighvolumewatertreatment;theprocessdoesn’t utilizeanytypeofchemicalsubordinatesbutbacteriakillingradicalspresentinthedilutedorganicwaste.Asituses electrochemicaloxidationprocess,theformationofhydroxylradicalsgetseasieranddirectlyactsontheorganicwaste causingdispersionofmolecules.Hence,theseparationoftheelementsgetseasierandwaterleftsout.Thismachinewill soonbeauniversalattemptforwaterrecyclingandreuse.Ifitisimplementinginmining,therecycledwatercanbeused fortheotherpurposesasperrequired.
Inagainsttothetraditionalmethodsofsurfacemining,anemergingmachineMiner2200smisbeing implementedforsurfacemining.Earlier,drillingandblastingwereprofoundlyusedformining process,butasaneffectitoftenleadstofireendangeringbreathesofmanyminers.Miner 2200SMisanothereco-friendlywayfortheextractionofores;notonlyreducingofthe costforextraction,butalsoreducestheheavyvibrations,pollutioncreatedbynoiseand dust.Inaddition,thisminingtechwillincreasethequalityofmining,triggeringto moreprofits.TheprimebenefitofMiner2200smistoload20to60tonsofrockby usingitspowerfullift-ableconveyor,resultinelevatingthespeedrate.Thus, therewillbeaprobabilityofelevationinrateofproductivity
AutomobileFutureDedicatedtotheZeroEmissionVehicles ZEVarebeingusedinvarioussectors,unlikeothervehiclesthisdoesn’t causepollutionbynotemittingcarbondioxideandothergreenhouse subsidiesintheair.Generally,electricitybasedcarsarealsoknownas electriccars,arebeingutilizedinindustriesbut,withthedevelopmentin technologieshydrogenfueledcarsarebeenpracticinginmining.The benefitsofhydrogenandothernaturalgasesfueledcarsisthattheyemit waterasabi-productofthereaction.Ifandonlyif,thisZMVisusedas transportationinminingitwillhaveahugereductioninenvironmental effectrate.Somecompanieshavealreadystartedexecutingthiswayof transportation andsoonwillbeacquiredbyremainingminingindustries.
MoreofatechnologythanJustaMachine ‘Methanecapturingtechnology—anotherwaytomaintain theCO2andmethanelevelinordertoreusethemwhen needed,theseincreasestheprobabilityofarisein efficiency Astoredsetupisrequiredforthestorageofgases andtreatmentpurpose.Insteadofemittingthisgreenhouse gasesdirectlytotheatmosphere,aproperutilizationwouldlead toeco-friendlyecosystemnearbyminingsites.
Mininghasleftitsmarklongbackbenefitingmany industrialfieldsandsector,nowit’stimeto innovateandraisethebenchmarktoanew level;implementingsuchmachineryand technologyworldwouldbeabetterto breatheon.Consideringtheprofitable factors,there’snodownfallifembraced theseways,hopefully,miningsectorsaretransformingintogreen miningsoon.
Nologiccanrevealthetruephenomenaofamind unlessitistested,andnosciencecanreviewthe truepotentialofametalunlessitisheated. Energyanditsformsarevariedanddifferent,buttheyall servethepurposeoffulfillingconcurrentdemandsof humans.Inthisworldofenergymetalsleadingtheerato ushernewadvancementswithafocusoncobalt.
GlobalEnergyMetalsCorp (“GEMC”)isfocusedon offeringinvestmentexposuretocobalt,acriticalmaterial forthegrowingdemandintherechargeablebattery market.Itisactuallybuildinganddevelopinga diversifiedglobalportfolioofcobaltassetsinsafe mining-friendlyjurisdictionsalongwithstrategic partnersworkingwiththem.
ACompellingCatalystintheCobaltSector Settledasaleadingcobaltexploreranddeveloperinthe famoushillsofMt.Isa,aminingdistrictinQueensland, Australia;TheteamatGEMC,withoveradecadeof cobalt-basedexperience,realizedearlythatcobaltwas indispensabletolithium-ionbatterychemistries.
Involvedinacquiringanddevelopinghigh-qualitycobalt assets,itaimstoprovideinvestorswithsurgingdemand forcobaltthatisusedintherechargeablebatteryand energystoragemarket.
We recognized the pressing need to create a diversied, viable supply of material to offset the reliance from DRC sourced cobalt.
TheKeyCreatorandFaceoftheChancellorship Anaccomplishedexecutiveandbusinessdevelopment professional,MitchellSmith,CEOofGEMCis equippedwithdeepexperiencedevelopingandexecuting successfulcorporatestrategies.Managingmarketing relationshipsandmaximizingbusinessopportunitiesfor long-termengagementishisrulethatamplifiesstrategic relationships.
Priortobeingappointedpresident&CEOofGEMCMr. Smithheldseniorpositionswithvariousmininggroups includingGlobalCobaltCorp,InternationalBarytex Resources,andPetaquillaCopperLtd.
Beinganearlyadoptertothebatteryspacerealization, hesensedthecriticalroleofthemetalsassociatedwith themarketandtheparttheywillplayin itsfuture.He
notonlynegotiatedandstructuredoff-takeagreements forcobaltmaterial,butbuiltrelationshipswithChinese batterymanufacturers.
TheCompanybelievestherearesignificantandvaluable opportunitiesincomprehensiveprojects.Theyalsofind solaceinbuildingefficientandreliablerawmaterial supplychainthatmeetsstrictend-userspecificationsin therechargeablebatterysector.
Havingbeenworkingforyearswithdownstreamusers, theyhaveenteredintoastrategicpartnershipwith BeijingEaspringMaterialTechnologyCo.(Easpring). TheCompanyrecognizedthatthereisanurgentneedto createadiversifiedandviablesupplyofmaterialto offsettheirreliancefromDRCsourcedcobalt.
Thecompanydecidedtogodownstreamdirectlytothe supplychaintoensurethatitreceivesprojectfinancing alongwithmetallurgicalandfeasibilitysupportforits projectdevelopment.Today,GEMC’spartnershipwith thebatterycathodemanufacturerisunique.
HighlightsoftheirBrilliantAchievements GEMC;saggregationstrategyincludesdirectinvestment intoadvancedcobaltprojects,enhancingsupplythrough channelizedstreams,off-takeventuresandmaterials.
TheMillenniumProject,isasignificantcobalt-copper depositthatremainsopenforexpansion.TheProjectis locatedclosetowell-establishedmining,transportand infrastructurealongwithaskilledworkforceinthe regionalcentersofMountIsaandCloncurry.Having excellentpotential,itisextendingthemineralized structurethroughexplorationworktothenorthandto theeast.Interestingly,hydro-metallurgicalstudieshave demonstratedthepotentialfortherecoveryofsaleable cobaltandcopperconcentrates.
WhereasinsightsabouttheWernerLakecobaltproject statesthatitisthemostadvanced,near-termproduction
primarycobaltmineprojectinCanada,withexcellent potentialforadditionalcobaltmineralizationthroughout GEMC'sextensivelandpackage.
StrivingtoAccomplishanExcitingFuture GEMCisfocusedonadvancingbyextendingitsdrilling atitsMillenniumcobaltprojectinAustralia.Beginning stagesofthedrillingprograminvolvedwideand significantcobaltandcoppergradespotentially expandingtheirarea.TheCompany’sWernerLake projectinOntariowillalsobethefocusofa$2.5million explorationprogramfundedsolelybyitspartner MarqueeResources.Theprioritywilllietofurther identifyandacquireadditionalhigh-gradecobalt mineralization.
Thoughthecompanycontinuestoadvancethe MillenniumCobaltProject,theproposedacquisitionof theMt.DorothyandCobaltRidgeprojectswillexpand itscobaltfootprintbyatransformationaltwenty-fold increaseinitsAustralianlandposition,thusfurthering thedevelopmentopportunity
President & CEO Mitchell Smith President & CEO
Herearefourwordswedon’thearveryoften: “Ilovemyjob.”
Anextensiveresearchintheareahavenowfoundthatthe mostengagedemployees—thosewhoarefullyinvestedin theirjobsanddedicatedtotheirfirms—aresignificantly moreproductive,enhancecustomersatisfactionand outperformthosewhoarelessengaged.
It’simportantforemployeestoparticipateintheirtask enthusiastically,forthesakeoftheirgrowthalongwiththe company.Butitturnsoutthatonly20%ofemployees aroundtheworldarefullyengagedatwork.
It’sacutoffthatservesnoonewell.Sowhatcouldbethe solution?Whereisthewin-winforemployeesand employers?
Thesolutionisthatemployersmustshifttheirfocusfrom tryingtogetmoreoutofpeople,toinvestingmoreinthem bysupportingtheircoreneeds—emotional,physical, mentalandspiritual—sothey’refreed,fueledandinspired tobringthebestatworkandprovethemselveseveryday.
Ourprimaryneedistomakeenoughmoneytoliveadecent lifestyle,butevenatthat,wecannotlivebybreadalone.
Takeamomenthereandthinkaboutwhatmakesyoufeel mostexcitedtogettoworkinthemorning,andmakesyou mostloyaltoyouremployer
ThekindofcompanyIhaveinmindwouldnurturethe employeefriendlyenvironmentiftheycould:
Committopayingeverymemberalivingwage.Andthat largelydependsonthestandardofliving.Many corporationsdonotmeetthatstandardformanyoftheir jobs,simplybecauseofanunfairenvironmentwherea CEOispaidmillionsofdollarsayearwhileanemployee getsamodestsumforfulltimeworkthatinsomecases fallsbelowthepovertyline.
Treatemployeeslikegrown-ups.Sharestatisticswith employees,listentotheirideas(orbetteryet,activelyseek outandactupontheirideas).
Everyemployeewhocontributeshis/herworkmusthavea stakeinthecompany’ssuccess.Itcanbeintheformof profitsharing,orstockoptionsorbonusestiedto performance.Ifthecompanyperformswellinthemarket, allemployeesshouldshareinthesuccess,inmeaningful ways.
Designoffice’sworkingenvironmentsthatarecomfortable, safeandappealingtoworkin.Someofficesincludearange
oflateralspacesthatallowforprivacy,collaboration,or simplytohangout.
Providehighquality,healthyfood,atthelowestpossible pricesincanteens,cafeteriasandalsovendingmachinesat workplaces.
Createsittingroomsforemployeestorestandrenewduring thecourseoftheworkingdayandencouragethemtotake regularbreaks.
Offerawell-equippedgymandotherfacilitieswhere employeescanwork-outandstayfit.Donotseefun,humor andrelaxationastheenemiesofhardwork;instead perceivethemasitsallies.
Describeclearandspecificexpectationsforwhatvictory lookslikeinanygivenjob.Then,trytogiveyour employeesasmuchliberationaspossibletochoosewhen theywork,wheretheydotheirwork,andhowbestto concludeit.
Organizetwo-wayperformancereviews,sothatemployees notonlyreceiveregularfeedbackabouthowthey’redoing, inmeansthatsupporttheirgrowth,butarealsogiventhe opportunitytoprovidefeedbacktotheirsupervisors, anonymouslyiftheywould,toavoidrecrimination.
Adviceleadersandmanagerstoberesponsiblefortreating allemployeeswithrespectandcareandencouragethemto
regularlyidentifythosetheysupervisefortheprogressive contributionstheymake.
Makepoliciesthatencourageemployeestoallota considerableamountoftime,tofocuswithoutdisruptionon theirmostimportanturgencies,includinglong-termprojects withplannedandcreativethinking.Preferably,givethem timetopursueprojectsthey’reparticularlypassionateabout andwhichhavethepotentialtoaddvaluetothecompany
Offeremployeesopportunitiesandincentivestolearn, developandgrow,bothinformingnewjob-specifichard skills,aswellassofterskillsthatservethemwellas individuals,andasexecutivesandleaders.Actively encouragevolunteerismamongtheemployees.
Standforsomethingbeyondjustincreasingprofits.Provide servicesorcreateproductsorservecausesthatopenlyadd valueinthesociety,sothatemployeescouldderiveasense ofmeaningfromtheirwork,andwouldfeelgoodabout companiestheyworkfor.
Life,asthefamousphilosopherHobbessosuccinctly pointedout,canbesolitary,brutish,nastyandshort.Ifwe spendaboutone-thirdofourlivesworking,don’tyouwant ittobelessmiserable?It’snotthateasyasitissaidtobe. Butsomecompaniesareadmirablyclose,andothersareto beapplaudedfortheirvaluedefforts.Theonethatcomes closestisGoogle.I’mconvincedit’soneoftheirkeyto success.
Eugene Cheng is Partner & Creative Lead at HighSpark a company that provides presentation design services and
He also mentors for a
to Fortune 500
production
twasstatedinaBNPParibasIGlobalEntrepreneursreport surveying2,600entrepreneurs basedin18countries,thatmillennials arelaunchingmorethantwotimes morebusinessesversustheirolder counterparts.Timearechangingand theinevitableriseofthe20-something CXOswillfollow,whetherwelikeit ornot.
Thatsaid,startingyoungalsocomes bundledwithitsownsetofunique challenges.Forwide-eyedmillennials enteringtheworldofbusiness,thiscan provetobedauntingandattimes overwhelming.
BackwhenmypartnerandIfirst startedHighSpark,acompanythat providespresentationdesignservices andskillstraining,itwasbynomeans awalkinthepark.Herearesome obstacleswefacedalongthewayand howweovercamethem:
1.Youwillbeunderestimated Wouldyoutrustyourbusinesswith someonethatistwo-timesyounger? Notaneasyanswerisit?
Ourstruggleinitiallywastoget experiencedorseniorbusinessowners totrustacoupleofteenagerstryingto helpthemincommunications. Naturally,wegotplentyofobjections rangingfromdisbelief:“Whatmakes youqualified?”tooutrightrejection “Wecan’tworkwithyou,you'retoo young”.
Itwasonlyafterayearintothe businessthatwewerefinallyfigured outhowtogetpastthisobstacle: Crediblereferencesfrompastclients.
Perceptionisalmostasimportantas actuallybeingabletodeliver.Having someoneelsetootyourhornforyou canbeinvaluablewhenyou’restarting outyoung.Nodoubtit'llbeharder versusalreadyhavingprofessional cloutasamoreexperienced professional,butthelessonsyoulearn
willbeinherentlymorevaluable. Anothergreatwayistoworkwith otherexpertstocoverareaswhereyou falter.Inourcase,wecollaboratedwith expertsinsalestrainingandpublic speakingtoprovidemoreholistic solutions.Thatway,byassociation, youquicklyappearmoretrustworthy.
2.Youwillfeellikeyou’remissing out Entrepreneurshipisalonely,riskyroad lesstravelled.Whenyou’reyounger, youcanstomachmorerisk,butit mightbetoughertobedoing somethingthatgoesagainstwhatthe restofyourpeersaredoing.
Inourcase,mypartnerandIstarted thebusinessattheexpenseoffurther educationatthetime-wedidn’tgoto college.Ontheflipside,about80%of ourpeerswereheadingtouniversity, graduatingandfindingemployment.
Therewerenumerousinstanceswhere weweregenuinelyuncertainabout whetherourbusinesswouldbe profitableenoughtojustifyour sacrifices.Peersouragewerealready progressingintheircareers,whilewe werestilltryingtodetermineifwe madetherightdecisiontodothis.
Theoldproverb,“showmeyour friendsandI'lltellyouwhoyouare,” ringstruehere.
Surroundingyourselfwithlike-minded peoplegoingthroughthesame strugglesisagreatwaytomanageselfdoubtandaccelerateyourlearningin theprocess.Justrememberthatnoone everdidanythingspecialbybeinglike everyoneelseandthattherisksyou takenowcanpayoffhandsomelyin thefuture.
3. Youwillnevertruly‘knowwhat you’redoing’
Withnewsoutletsreportingsuccessful fundraisingroundsinthemillionsand newstartupstoriesonthepressevery otherday,itcansometimesseemlike
everyoneelsehasgotlifefiguredout exceptyouandyourteam.
Thetruthisthateventhemost seasonedentrepreneurs(youngorold) feelunsureattimes.Heck,even entrepreneursthataredoingwellmight constantlyhaveacaseofimpostor syndrome.Whenweconsistently entertainthoughtsofself-doubt,these thoughtscanmanifestintoparalysis whereweendupworryingmorethan doinganythingproductive.
Asimplesolutionasrenowned marketingexpertSethGodinoften saysisto‘StartShipping’.Don’tfear makingmistakesbecauseyouwill definitelyrunintoobstaclesalongthe way.
TheBusinessInsiderrecentlyreported ona6-yearoldboythatmakes$11 MillionayearonYoutubereviewing toysonhischannel:RyanToysReview Itreallygoestoshowwhatonecan accomplishwhenapplyingyourself correctlyandsilencinganyfeelingsof inadequacy
Whetheryou’reaCEOinyourfifties orastartupfounderinyourtwenties, sometimesthebestthingtodoisto hunkerdownandtreadalongyour plannedpathratherthanworryif you'remakingthewrongdecisions.
Startingyoungcanbeanadvantageif youuseitright.Don’tbeboggeddown bythingsthatyoucancontrol,but insteadfocuson:
1.Buildingsolidrelationshipsand developingyourcredo
2.Growthroughosmosisby surroundingyourselfwith outstandingpeople
3.Focuson‘shipping’andthesteps ahead.
