Richard Fifer
in Uncategorized
as gold, mining, petaquilla, richard fifer
Human Resources in the Mining Industry
The mining sector has many fields that require vast human resources says Richard Fifer. Nevertheless, skilled human resource for the mining industry is in many cases difficult to find, as development and innovation of the mining industry continues to increase in demand as noted by Richard Fifer. The problem is substantial, as college students seem to be less engaged in mining than a several years ago. In contrast, experienced personnel in the industry are commonly retiring due to different reasons deteriorating the already worsening condition.
Aware of this current situation, mining companies are presently working hard training their employees and focusing on employee retention. Many university programs also provide students with certificates, diplomas and degrees related to the mining industries. Since mining is comprised of a great number of disciplines, the training is highly advanced as stated by Richard Fifer. Some of the fields and courses taught at mining industry related institutions are Dragline Training, Haul Truck Training, Shovel Training, Wheeled Loader Training, Long haul Training, Continuous Miner Training, Roof Bolter Training etc.
This critical problem is prevalent also in the high levels of mining in companies. The administrative aspect of mining frequently faces issues when seeking qualified people like Richard Fifer. This happens in most cases because when recruiting for positions such as plant managers, administrative managers, engineers, technicians, environmental scientists, drilling experts, etc., they must be vastly qualified individuals which in some cases are difficult to find.
Petaquilla – Annual Production Rate of 100,000 Ounces and Increases Working Capital
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as gold, mine, mining, Molejon, petaquilla, Petaquilla Gold, petaquilla minerals, richard fifer
Richard Fifer Site – VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 10, 2010) – Petaquilla Minerals Ltd. (the “Company”) (TSX:PTQ) (OTCBB:PTQMF) (FRANKFURT:P7Z) announces that it has increased its production rate.
Within the past ten days, the Company produced in excess of 100,000 annual ounces of gold by pouring 2,762 ounces of gold. This equates to a monthly gold production rate of 8,562 ounces and an annual production rate of 102,744 ounces.
This production rate represents an operational efficiency of the Molejon production facility of 95.2%.
The Company continues to increase the production capacity of its facilities by incrementing the carbon-in-column (“CIC”) hydraulic capacity by 100% in the next 14 weeks. This capacity increase will increase the throughput capacity of the plant by 40% and allow higher throughputs as well as diversify the metallurgical processes.
The Company is also pleased to announce that Peninsula Merchant Syndications Corp., along with affiliated underwriters, have exercised a total of 5,300,000 warrants of the 23,363,800 warrants priced at CAD$0.65 during the past three working days. The exercise of these warrants has increased the Company’s working capital to CAD$6,180,000 as of this date. The exercise of the additional 18,063,800 warrants would add an additional CAD$11,741,470 to working capital. These warrants are callable within 30 days if the closing trading price of the Company’s common shares on the Toronto Stock Exchange is $1.00 or more for a period of 30 consecutive trading days.
Based on today’s production rate and gold at US$1,300 per ounce, the Company projects to increment its working capital by US$10 million from production by December 31st.
The Company restates further to its November 1, 2010, news release, its commitment to develop its Heap Leach Project. The positive gold recovery test results received from two years of metallurgical evaluation on the Company’s Oxide Gold Resource were ratified by METCON Research, an affiliate of KD Engineering, as to the commercial viability of this metallurgical process. The Company has committed to move forward with the construction of its Heap Leach Project and associated infrastructure.
These positive results from the Heap Leach Project make available for further evaluation the following additional resources, National Instrument 43-101 compliant, 23.01Mt at 0.26 g/t Au for a total of 194,712 gold ounces (Measured category at 0.1 g/t cut-off), 73.7Mt at 0.19 g/t Au for a total of 447,264 gold ounces (Indicated category at 0.1 g/t cut-off), and 95.7Mt at 0.16 g/t Au for a total of 495,885 gold ounces (Inferred category at a 0.1 g/t cut-off) at the Company’s Molejon and nearby satellite projects. These resources are in addition to the National Instrument 43-101 compliant resources of 28.3Mt at 1.0 g/t Au for a total of 911,023 gold ounces (Measured and Indicated category at 0.3 g/t cut-off) as more fully detailed in the Company’s news release of October 18, 2007, within the Molejon Gold Deposit.
Mr. Rodrigo R. Carneiro, P. Eng., Director of METCON Research & Process Engineering of KD Engineering & METCON Research of Tucson, Arizona, is an independent Qualified Person as defined by National Instrument 43-101. Mr. Carneiro supervised the metallurgical testing and verified the relevant data and technical information contained in this news release.
About Petaquilla Minerals Ltd. – Petaquilla Minerals Ltd. is a gold producer operating its gold processing plant at its 100% owned Molejon Gold Project in Panama. Anticipated throughput for the project during the first year of commercial production is estimated to be 2,200 tonnes per day. Commercial production commenced January 8, 2010. The Molejon mine site is located in the south central area of the Company’s 100% owned 842 square kilometre concession lands, a region known historically for gold content.
On behalf of the Board of Directors of
PETAQUILLA MINERALS LTD.
Richard Fifer, Executive Chairman of the Board
Read more: http://www.financialpost.com/news/mining/releases/detail.html?id=2922#ixzz14zMG7gkg
Castilla de Oro Foundation
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as gold, mine, mining, Molejon, petaquilla, Petaquilla Gold, petaquilla minerals, richard fifer
Richard Fifer Site – Upon returning from a working trip to Spain, we interviewed Carlos Gonzalez Vargas, Governor of the Province of Los Santos. What were your impressions on these ten days in Spain?
Petaquilla Exploration Drilling Update; Discovery of New Epithermal Gold Vein Systems at the Oro Del Norte Concession
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as copper, gold, mine, mining, Molejon, Mr. John Kapetas, Oro Del Norte, petaquilla, Petaquilla Gold, petaquilla minerals, porphyry, richard fifer, The Tucan Project
Richard Fifer Site – Petaquilla today announced positive drill and trench results from the Tucan Project on its Oro Del Norte exploration concession located in central Panama.
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