Strategy of effective development of gold mining enterprises based on business consolidation

2020 ◽  
Vol 2020 (6) ◽  
pp. 222-238
Author(s):  
Irina Kradenyh
Keyword(s):  
Gold Mining ◽  
Synergistic Effects ◽  
Mining Industry ◽  
Horizontal Integration ◽  
Resource Base ◽  
Graphical Modeling ◽  
Alluvial Gold ◽  
Analysis And Synthesis ◽  
Strategic Solution ◽  
Effective Development

The subject of the article is the search for an effective strategic solution in the framework of sustainable development of gold mining enterprises belonging to small and medium-sized mining businesses. The goal of the study is to analyze the problem and the theoretical rationale for the use of horizontal integration for the category of gold mining enterprises, as well as the development of methodological provisions to assess the effectiveness of this strategy in modern conditions. In the process of writing the article the methods of analysis and synthesis within the system approach, mathematical and graphical modeling of economic processes were used. As a result of the study, the processes of development of the gold mining industry, taking into account the state of the mineral resource base of alluvial gold, are revealed. The role of horizontal integration and the expediency of its application within the enterprises belonging to the small and medium mining business are indicated. A methodology has been developed for evaluating the effectiveness of a horizontally integrated gold mining enterprise, taking into account potential synergistic effects, the possibility of diversifying production. The described approaches, at the project stage, will allow to assess the feasibility and effectiveness of the planned consolidation.

scholarly journals Strategy of consolidation in gold mining as a tool for creating an effective business

2020 ◽  
Vol 192 ◽  
pp. 03007
Author(s):  
Irina Kradenykh ◽  
Aleksei Barchukov
Keyword(s):  
Gold Mining ◽  
Mining Industry ◽  
Scientific Article ◽  
Horizontal Integration ◽  
Resource Base ◽  
Theoretical Justification ◽  
Mining Enterprise ◽  
The Subject ◽  
Strategic Solution

The subject of the article is the search for an effective strategic solution within the framework of sustainable development of gold mining enterprises belonging to small and medium-sized mining businesses. The purpose of the study is to analyze the problem and provide a theoretical justification for the feasibility of horizontal integration for this category of gold mining enterprises. The scientific article reveals the processes of development of the gold mining industry, taking into account the state of the mineral resource base of placer gold. The role of horizontal integration and the feasibility of its application in the framework of enterprises belonging to small and medium-sized mining businesses are outlined. A method for evaluating the effectiveness of a horizontally integrated gold mining enterprise is proposed, taking into account potential synergetic effects and the possibility of production diversification. These approaches, even at the project stage, will allow us to assess the feasibility and effectiveness of the planned consolidation.

scholarly journals Innovative methods of extracting the loose gold from technogenic deposits in the Irkutsk region

2018 ◽  
Vol 212 ◽  
pp. 01016
Author(s):  
Elena Golovina ◽  
Anastasia Dykusova ◽  
Maxim Zhizhelev
Keyword(s):  
Mineral Resource ◽  
Gold Mining ◽  
Mining Industry ◽  
Precious Metals ◽  
Gold Deposits ◽  
Resource Base ◽  
Processing Technologies ◽  
Irkutsk Region ◽  
Equipment Modernization ◽  
Production Capacities

In Russia and abroad, the scope of the use of gold has significantly expanded, which undoubtedly affected the level of production. However, despite the fairly high rates of gold mining, the economic situation that has developed in recent years makes the companies look for new innovative placer processing technologies that will allow preserving and increasing the extraction of the precious metals. The search for and exploration of new placer gold deposits requires very considerable financial resources and time, and therefore the proposed project for the extraction of alluvial gold from technogenic deposits is of great importance for the functioning of the mining industry of the Irkutsk region, since it helps to overcome at least two negative trends: firstly, the deterioration of the mineral resource base, and secondly, large losses of gold with dump products (up to 50%) associated with the use of obsolete washing equipment. Modernization of production capacities and processing technologies is not only one of the main factors for increasing competitiveness in the gold mining industry and attracting investors, but will also help increasing the mineral resource base of the Irkutsk region by reassessing technogenic deposits, setting gold technogenic deposits on the balance, development of technologies for technogenic deposits and processing, and involvement of technogenic deposits in the mass processing.

scholarly journals Consolidation of small and medium mining business in the gold mining industry of the Russian Far East

2018 ◽  
Vol 56 ◽  
pp. 04012
Author(s):  
Irina Kradenykh
Keyword(s):  
Gold Mining ◽  
Russian Far East ◽  
Far East ◽  
Mining Industry ◽  
Economic Activities ◽  
Resource Base ◽  
Mining Companies ◽  
Russian Economy ◽  
Placer Deposits ◽  
The Russian Far East

The gold mining industry of the Russian Far East has a great development potential, whose economic growth largely depends on the efficiency of developing a unique mineral resource base. To do this, it is necessary to solve a number of tasks, including the management and organization of economic activities of enterprises engaged in the extraction of placer gold in medium and small volumes. Gold mining companies themselves positively assess the prospects for the development of the industry, despite the preservation of external restrictions imposed by Western countries. At the same time, the current position of the modern gold mining industry is determined not only by the state of the Russian economy, but also by a number of branch features related to the management of gold mining at the enterprise level. At the present time, there are increasing questions about the feasibility of consolidation of small and medium mining enterprises, which will allow them to overcome current trends in the economic development of the industry, by combining their own resources. At the same time, in practice, reverse phenomena are observed, indicating that the industry is segmented and the number of mining companies developing placer deposits is gradually increasing. However, consolidation processes, in the form of integration associations, represent one of the directions of development and effective functioning of Russian gold mining enterprises, therefore they require comprehensive research and remain relevant.

EARLY THEORIES AND PRACTICALITIES ON GOLD OCCURRENCE IN AUSTRALIA

2021 ◽  
Vol 40 (2) ◽  
pp. 409-432
Author(s):  
KENNETH G. McQUEEN
Keyword(s):  
Government Regulation ◽  
Gold Mining ◽  
Mining Industry ◽  
Great Depth ◽  
Gold Rush ◽  
Gold Deposits ◽  
Rock Types ◽  
Gold Occurrence ◽  
Alluvial Gold ◽  
Gold Bearing

The discovery of gold in Australia forced many changes to theory on the occurrence and origin of gold deposits. Initial discoveries appeared to confirm existing ideas on the global distribution of gold-bearing terrains. Later discoveries and research would show that this confirmation was largely coincidental, but nevertheless helpful in early prospecting. Prior to the first Australian gold rush, theoretical predictions of payable gold were made by Sir Roderick Murchison and Rev. W. B. Clarke based on knowledge of accidental gold finds and geological analogy with known areas of significant gold occurrence, particularly the Ural region in Russia. These predictions were overwhelmed when Edward Hargraves, realised he might be able to spark a gold rush that would prove the existence of payable gold. Hargraves travelled to the Bathurst region of New South Wales where numerous gold finds had already been made and with local guides, prospected Lewis Ponds Creek and the Macquarie River. He demonstrated the methods of alluvial mining, to John Lister and William and James Tom enabling them to find sufficient alluvial gold to initiate a gold rush. The crowd of attracted diggers demonstrated the existence of a payable goldfield. The unstoppable first rush resulted in the pragmatic introduction of government regulation and administration to allow alluvial gold mining. Other discoveries of payable goldfields quickly followed. As the local scientific expert on gold, W. B. Clarke was commissioned to conduct two extensive surveys of the goldfields between 1851 and 1853. Clarke also drew on his geological knowledge to provide practical advice to the thousands of prospecting gold diggers. Gold-bearing quartz reefs and lodes were discovered, but it was predicted that these could not be mined economically. Theory also predicted that the reef gold would not continue to depth. Practical observations and mining experience from the numerous discoveries led to revision of the widely held dicta on gold occurrence. Alluvial gold was found in a range of settings, including the recent drainage and ancient and buried leads. A wider variety of rock types was recognised as favourable for gold. Different styles of reef gold were identified and found to be economically mineable to great depth. Evolving ideas on the origin of gold deposits were widely discussed, tested, and refined. Of the many players involved in the early discovery of gold in Australia, Clarke, Hargraves and Murchison probably had the greatest overall influence in terms of theoretical predication and practical outcomes that initiated the Australian gold-mining industry.

scholarly journals On the geological and economic assessment of the Lower Amur region (Russia)

2020 ◽  
Vol 192 ◽  
pp. 03013
Author(s):  
Viktor Kryukov ◽  
Irina Kradenykh
Keyword(s):  
Gold Mining ◽  
Construction Materials ◽  
Mining Industry ◽  
Mineral Resources ◽  
Economic Assessment ◽  
Resource Base ◽  
The Past ◽  
Steady Growth ◽  
Mineral Wealth

The development of regional economy is based on medium and long-term strategies (programs) for economic industrialization. These documents are of a sectoral or integrated nature. Republic of Sakha (Yakutia) and Kamchatka Territory have a scientifically substantiated strategy for the development of the mining industry. Despite its absence in Khabarovsk Territory, subsoil use in recent years has shown a steady growth in mining. The main volume of income comes from gold mining mainly in the northern and central parts of the region. Over the past 10 years, the most economically advantageous and geographically accessible minerals have been identified in the region. These include: coal, gold, platinum, tin, construction materials, groundwater. In the future, it is necessary to plan the development of copper-porphyry, alunite and polymetallic fields. The issues of increasing the resource base of liquid and strategic metals, formation of infrastructure, complexity of the use of mineral wealth and rational use of mineral resources remain problematic. A positive solution to problems is possible when developing and implementing an industry strategy. The basis for its formation is the geological and economic assessment of particular territories of the region.

Gold mining industry in Russia and its regions

2019 ◽  
Vol 17 (10) ◽  
pp. 1822-1833
Author(s):  
Sn.P. Mongush ◽  
◽  
T.M. Oidup ◽  
Keyword(s):  
Gold Mining ◽  
Mining Industry ◽  
Its Regions

A comprehensive approach to the recovery of gold from the technogenic objects of gold mining industry of the Russian Federation Far East

2013 ◽  
Vol 5 (1) ◽  
pp. 1-8
Author(s):  
S. I. Ivannikov ◽  
D. G. Epov ◽  
G. F. Krysenko ◽  
M. A. Medkov ◽  
S. Y. Bratskaya ◽  
...  
Keyword(s):  
Russian Federation ◽  
Gold Mining ◽  
Far East ◽  
Mining Industry ◽  
Comprehensive Approach ◽  
The Russian Federation

Mercury in soils impacted by alluvial gold mining in the Peruvian Amazon

2021 ◽  
Vol 288 ◽  
pp. 112364
Author(s):  
Manuel Gabriel Velásquez Ramírez ◽  
Claudia Maribel Vega Ruiz ◽  
Ronald Corvera Gomringer ◽  
Martin Pillaca ◽  
Evert Thomas ◽  
...  
Keyword(s):  
Gold Mining ◽  
Peruvian Amazon ◽  
Alluvial Gold

A Study on Ivory Coast with the Impacts of Artisanal Gold Mining on Local Livelihoods and the Mining Industry

2017 ◽  
Vol 20 ◽  
pp. 68-77
Author(s):  
Kouame Joseph Arthur Kouame ◽  
Fu Xing Jiang ◽  
Yu Feng ◽  
Si Tao Zhu
Keyword(s):  
Ivory Coast ◽  
Gold Mining ◽  
Mining Industry ◽  
Mineral Resources ◽  
Barriers To Entry ◽  
Chemical Contaminants ◽  
Artisanal Mining ◽  
Local Livelihoods ◽  
Artisanal Gold Mining ◽  
Main Activity

In rural regions, mining is an activity that employs many people due to the fact that the barriers to entry are sometime trivial, with very low technology, capital fund and no specialized skills required. Many people including children into artisanal mining in Ivory Coast because they can earn higher incomes in mining than through other traditional activities such as agriculture, which is the main activity in the country. Artisanal mining contribute to reduce the abject poverty and it offers many others opportunities. However, this activity has many negative social impacts. Local people including miners are risking their life everyday due to the unsanitary conditions, prostitution, chemical contaminants, and alcoholism, and also the large degradation of lands. The main objective of this Paper is to understand how artisanal gold mining in the Ivory Coast affects local livelihoods and the environment. Some key recommendations for addressing artisanal mining activities in order to have a good option for sustainable management of mineral resources in the country are proposed.

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