"Recent figures indicate that, despite low commodity prices, a new gold mine is opening in Africa every quarter," said Vanguard general manager, Craig Pace, "indicating that there are many thousands of tonnes of plant and machinery to be moved into and around the continent."
A further sign that exploration and mine development remained a busy sector, he said, was the estimate that about 30 important mine feasibility studies have been underway - together reflecting a potential investment of almost US$7 billion.
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