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Magatar Mining

Different geographical areas have different criteria and legislative requirements for mining activities, different labour environments, different geological considerations and other diverse country-specific risks. In order to ring-fence these varying risk profiles Magatar has structured its operations along geographical lines. In addition, activities involving own assets are ring-fenced from contracted activities for third parties.

  This structure also simplifies:
- the inclusion of "local partners", where required; and

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the introduction of shareholders to specific segments of the operations (given that certain investors may prefer not to be exposed to the risk inherent in all the operations, but would consider investing in a specific geographical area).

The executive management team have combined experience in excess of 60 years in underground mining, the mining equipment industry and the related engineering industry. The diverse knowledge base of the management team provides Magatar with the ability to properly evaluate the commercial and operational risks (and potential rewards) of each opportunity.

As a niche area of specialization, each of the management members has been involved in various projects aimed at identifying, researching and implementing methods to improve efficiencies and productivity in mining.