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PAYDIRT (ISSN 1445-3436) NEWS
Published by 10
Paydirt Media Pty Ltd. Raleigh Finlayson’s Genesis Minerals has
A.C.N. 063 985 133 made the first move in its bid to consolidate the
Leonora gold district, announcing a $111 million
Head Office: merger with the embattled Dacian Gold. While
Suite 9, 1297 Hay St, West Perth the deal offers a potential processing route for
Western Australia 6005 the company’s 2 moz Ulysses project, there
P.O. Box 1589, West Perth could be another option waiting in the wings
Western Australia 6872 after Genesis resumed talks with St Barbara
Phone: (+61 8) 9321 0355 surrounding a business combination that could
Facsimile: (+61 8) 9321 0426 create Australia’s next 300,000 ozpa gold
mailbox@paydirt.com.au producer. Michael Washbourne reports
www.paydirt.com.au
16 SITE VISIT
Editorial: When a very green, young geologist named
Editor: Dominic Piper Ed Ainscough first set foot in Kambalda 35
Journalists: Michael Washbourne, years ago, little did he known he would one day 16
Fraser Palamara sensationally return to the region to continue his
Art director: Nick Brown search for Western Australia’s next big nickel
Contributors: Brendan Ryan discovery. Since listing a bit over 12 months
(Johannesburg) ago, Ainscough’s Lunnon Metals has barely
skipped a beat at the aptly named Kambalda
Advertising:
Advertising manager: Richa Fuller nickel project. Fraser Palamara joined
Ainscough for a tour of the prized 2.2mt nickel
Subscriptions: Vidy Suastika asset to find out more about the British expat’s
Phone: (+61 8) 9321 0355 “circle of life”
Facsimile: (+61 8) 9321 0426
Pre-press and printing: 20 COVER
Vanguard Press, 26 John St,
Northbridge WA 6003 Only a few years ago, Sandfire Resources
Member of: was pondering an uncertain future as copper
reserves at its DeGrussa mine in Western
Australia rapidly depleted. The Karl Simich-led
company identified the undeveloped Motheo
project in Botswana as a potential next cab off
the rank but still needed another operating asset
to fill the looming production gap. Enter the
Paydirt Media MATSA complex in Spain and Sandfire is now a 20
Executive chairman: Bill Repard truly global miner. Simich sits down with Paydirt
Finance manager: Giovanny Jefferson editor Dominic Piper to reflect on the company’s
Accounts/administration: journey so far and why bigger is always better in
Anjali Mediratta the copper space
Conferences:
Angelique Julien, Paula Fujita,
Melita Fogarty 26 AFRICA DOWN UNDER
PREVIEW
The return of international and interstate
guests for the first time in three years are
enough cause for celebrations ahead of the
20th edition of Africa Down Under in Perth
Sandfire Resources on August 31-September 2. Several African
managing director delegations, including mines ministers and
Karl Simich
senior government officials from Gabon, Ghana,
Nigeria and Zimbabwe, are already confirmed
as attending. Our bumper 68-page preview to
Member of: the conference takes a look at the anticipated
major talking points as well as the various 26
businesses and organisations thriving on the
continent
Registered by Australia Post PP 643938/0071.
No pages or articles in this publication may be
reproduced in any form without the consent of the
publisher. This includes photographs either taken
by Paydirt Media staff or provided by other parties.
