Sturgeon Lake Memo Executive Summary: Andrew McKendry, a freelance geologist was asked for advice regarding two mining claims to property on Sturgeon Lake, near Thunder Bay, Ontario. Specifically, he was asked if there was enough gold on the property to pursue an economically feasible mining opportunity. There were a number of steps necessary before any profitable operation would exist. If mining proceeded, it was assumed it would take 10 years to extract all the gold from the site, and the total amount of gold in the mine would be extracted at an even rate over the 10-year period. Considering the uncertainties in parameters like Gold price, width, length, depth of mine, grade of gold and probability of success of building a road and diamond drilling, I would suggest the owner of the mine to not to go ahead with the project.
Silver Veins The current rate of silver is roughly thirty dollars an ounce. With that being said Mexico and Bolivia would have generated well over 67 billion dollars in silver, and that is if the going rate at the time was only thirty dollars. These two countries were home to two of the most productive silver mines in history. They could easily support the financial needs of their country and government. With that being said the history behind Zacatecas and Potosi has been rocky and rough, but they still held together while their countries changed around them.
The town contained a variety of gold mines with the Alaska-Juneau, or A-J, mine the most successful. The A-J mine buildings are still visible above town. Other gold mines include the Treadwill Mine complex at Douglas and the Alaska-Gastineau mine south of town. A massive cave-in occurred at Treadwill in 1917 and the mine closed. When gold content dropped below profitable margins in 1921, the Alaska-Gastineau mine closed.
The Olympic games designates a different city every 4 years and in 2010, Canada won them to be held in Vancouver B.C. The winter Olympics taking place in Vancouver represented an opportunity for Canada to take pride and show the world Canada’s capabilities as a nation. Canada has the largest team with 202 Canadian athletes proud to be Canadian. Alexander Bilodeau was on of the most outstanding Olympic athletes in 2012 Vancouver Olympics. Bilodeau was born and raised in Quebec and he always wanted to be the first Canadian athlete to ever win a gold metal.
Diamond Pipeline Study 2007 The De Beers Group [pic] The largest diamond mining company in the world, with unrivalled expertise in exploration, mining and marketing of rough diamonds GROUP STRUCTURE De Beers Group is a privately owned company with three shareholders: • 45% - Anglo American plc • 40% - Central Holdings Group • 15% - The Government of Botswana REVENUE In 2005 the De Beers Group has generated: • US$ 6.5 billion in annual revenue • US$ 554 million in net earnings SIZE • About 24 000 employees in 19 countries • Multinational professional exploration team on 5 continents and in 13 countries • Over 25 joint venture exploration and evaluation projects with others companies MAJOR EVOLUTIONS • 2001: De Beers goes private • 2004: Redefinition of De Beers Consolidated Mines (DBCM) and Diamond Trading Company (DTC) as stand-alone companies in the De Beers Group PRODUCTION • Ownership of 20 mines (Botswana, South Africa,, Namibia and Tanzania) • Producing over 40% of the world’s supply of rough diamonds • Sorting and valuing almost 60% of the world’s annual supply of rough diamonds MAIN CHALLENGES • Consumer awareness of the social costs of diamond production (ex. conflict diamonds) • Increased production capacity outside De Beers’s control (mainly Canada and Russia), that is leading to high costs in sustaining prices through mopping up excess supply on the open market. • Political antagonism toward De Beers’s dominance from antitrust regulators MAIN STRATEGIES • Increase the market value of De Beers diamond business by increasing market demand. • Increase consumer confidence • Improve operational efficiency and effectiveness through the entire Organization The Diamond Trading Company (DTC) [pic] The Diamond Trading Company (DTC) is
Both men run a public company called researchers in motion (RIM). Mike is the founder and president, while Jim is CEO, RIM is headquartered in Waterloo, Ontario, Canada. RIM is best known for the development of the Blackberry cellphone. Mike Lazaridis made the older models and Jim Balsillie makes the present day models of the Blackberry. Both men are ranked in the top 20 wealthiest men in Canada.
The entire “gold country” was open to everyone and there was no taxes levied on what the miners find. Although the peak of the rush was in 1849, some 80,000 prospectors conglomerated into that one year, arriving by the California trail, by ship around Cape Horn, or through the Panama shortcut. Many of the immigrants then became known at the 49’ers. Miners came from all around the world, Britain, Europe, China, Australia, North and South America. In The Gold Rush, it states, “The ocean voyage often took over six months, and the notoriously rough seas at Cape Horn gave rise to dangerous passage.
Executive Summary Target Corporation is the second largest retailer in the U.S. with about 1,763 Target and Super Target stores. It operates mainly as two reportable segments: Retail and Credit Card. Retail Segment includes all of our merchandising operations, including our fully integrated online business. The credit card Segment offers credit to qualified guests through our branded proprietary credit cards, the Target Visa and Target Card, Collectively referred as RED cards. Additionally, Canadian segment is being planned to for 2013 for an entry in the Canadian retail Market.
The Gospel of Wealth was the most influential of his writings, however, in that Carnegie stressed that the wealthy had a moral obligation to give to philanthropic causes and serve as stewards of society. Four years later, in 1901, Carnegie was nearing the end of his business career and allowed J.P. Morgan to buy out his steel empire for an astonishing price of $480 million dollars (Ibid.). Morgan was able to create U.S. Steel, and Carnegie became the richest man in the world. Carnegie did not want to remain a shareholder in the steel company, however, so he put the $300 million in gold bonds that he received from the deal into a specially-built vault in New Jersey. He never wanted to see or touch any of the money (Swetnam and Smith 1993,
Sierra Leone was supposed to be a luxury place for the rich and should have made everybody rich because of its big diamond mines. With diamonds alone, Sierra Leone makes over 300 million US dollars. However most of these diamonds have been sold as blood diamonds (sold illegally during the war). By this, there was a man Jamil Sahid Mohamed, who thanks to this technique was able to become one of the richest men in Africa. He is renowned as the king of blood diamonds.