We undertake focused, tailor-made research into a variety of subjects in most areas of the mining and exploration business.

Additionally, using global mining & exploration expertise combined with tailor made research studies of target commodities in specific markets, GFMS Mining & Exploration Consulting provides detailed, multi-tiered information on the potential performance of a company operating in a certain market and exploring or exploiting a particular commodity suite.

Our services draw on several analytical angles, utilising the research expertise of a team of analysts, researchers and consultants, including:

> Mining/ Exploration/ Geology Research: Independent advice on resource-reserve evaluation, ore valuation, and independent opinions on mining and exploration operations.

> Commodity Research: GFMS's specialist outlook on target commodities over greenfield, brownfield and mine life, based on global or local market demand/supply factors.

> Corporate Research: Independent opinions on current management and corporate activity based on relevancy of experience, success history and financials.

> Country Research: Country economic risk factoring based on political, environmental, legal, infrastructural and technical research.

Recent Examples of Corporate Research Experience:

> Analysis of gold mining industry consolidation and issues relevant for investors (for investment bank).

> Research and analysis of Australian target mining stocks, forward production and cash cost estimates (for investment bank).

> Research and analysis of African mining investment opportunities (for investment bank).

> Analysis of potential for, and timing of, Chinese natural resources companies in expanding from domestic to international business (for major bank)

> Analysis of supply and demand issues in copper, gold and pgms (for multiple capital management firms)

For further information please contact GFMS Mining and Exploration Consulting.