You are here: HomeCanada 2015 › Mining

Kaizen Discovery: Feeding Japan’s Industrial Needs

Jul 09, 2015
Credit : GMI Post

With the price of commodities falling to recent lows, the global mining industry has faced challenging times the past few years. This downturn has resulted in an industry-wide reticence to invest in new exploration.

Junior mining companies already struggle to stretch their remaining working capital and secure additional financing. Analysts expect a correction in commodity prices, but they are unable to predict when the recovery will happen.

Kaizen Discovery President, CEO and Director B. Matthew Hornor

While most in the mining industry have adopted a wait-and-see position towards this uncertainty, some bolder players have recognized a massive opportunity.

“There will be a short supply of all of the base metals, but demand will grow or stay the same, which will only do one thing to commodity prices. We identified what was obvious to us: To capitalize on this situation, we needed to have a platform that was different from anybody else,” explained Kaizen Discovery President, CEO and Director B. Matthew Hornor.

Formed in December 2013 as part of the Ivanhoe Capital group, Kaizen Discovery is a Canadian mineral resource company whose strategy involves employing industry-leading exploration technology, as well as forming partnerships with Japanese companies to directly supply metals to Japan’s industrial sector. Its first such collaboration was with Japanese trading giant Itochu Corp. with a market capitalization of approximately $20 billion and over 103,000 employees worldwide

In 2014, Kaizen Discovery acquired Vancouver-based West Cirque Resources (WCQ), which controlled seven prospective copper-gold porphyry exploration projects in British Columbia. The move immediately received the approval of Itochu, which quickly took a 40 percent stake in one of the projects.

With more acquisitions in the pipeline, Kaizen Discovery remains on track to build share value intelligently and strengthen its market position ahead of the inevitable rebound of commodity prices.

Clearly, Asia plays a critical role in the successful growth strategy of Kaizen Discovery, a fact quickly acknowledged by its leadership.

“We are very thankful for our partnership with Itochu Corporation, for their belief in the platform, and for our team. We are also appreciative of the relationships we enjoy with the other groups in Japan who we meet frequently,” said Hornor.

Majestic Gold Positions Itself For Market Recovery

Jul 09, 2015
Credit : GMI Post


Majestic Gold’s engineers at work.

Majestic Gold is a Toronto-listed (MJS-V), China-based gold producer with an open pit mine near Yantai in Shandong Province, the nation’s largest gold-producing region. Majority control is held by Chinese nationals, who view the company as a vehicle to expand gold production both within and outside China.

The company’s Songjiagou gold mine operates at near break-even in a historically perverse gold market, which appears to have reached is cyclical bottom with a limited downside and considerable upside for established producers like Majestic Gold and its shareholders.

For strategic reasons, which include the desire to capitalize on strong gold prices, Songjiagou went into commercial production in 2012 without the benefit of a full feasibility study that comprised an efficient mine plan. Since then, the company has developed a plan that will optimize the resource grade gold at Songjiagou and resolve ongoing grade control issues.

At present, mining activities at Songjiagou are delivering a grade of 0.42 g/t, which represents about one-third of the mine’s calculated resource grade.

According to Majestic Gold’s President Steven Kenwood: “One can easily imagine the impact of the successful implementation of this mine plan and grade control program on our production costs, not to mention a potentially added profit boost from higher gold prices.”

Songjiagou is a modern truck and shovel mining operation with a conventional mill and a well-engineered tailings disposal system for waste storage. As a good corporate citizen, the company places a strong emphasis on worker safety.

In addition, its relationship with local villages is excellent, as it is committed to provide modern housing alternatives for families impacted by our present and future mining operations.

Majestic Gold’s board of directors is comprised of seasoned veterans of the Canadian and Chinese mineral industries, such as its Chairman, Gengshu Miao, the former President of China Minmetals Corp.    

Canada 2015 was prepared for and originally printed in Forbes Asia magazine.

PDF of the printed report

latest special features:

Upcoming Reports from

U.S. Great Plains 2018

See Preview »

2018 is an exciting year for the Great Plains because Omaha, the capital of Nebraska, hosts the 50th anniversary of the Japan-Midwest Conference. T...

Vietnam 2018

See Preview »

In 2017, Vietnam's GDP growth surged to 6.8 percent, its best performance in ten years. Aiming to have one million efficient companies and privatiz...

South Korea 2018

See Preview »

As one of Asia’s most stable and most dynamic economies, South Korea maintains its status as a global leader because of its commitment to free trad...

Texas 2018

See Preview »

The fourth-largest source of foreign direct investment in Texas, Japan has accounted for for more than 200 investments and projects over the last d...

Germany 2018, Pt. 2

See Preview »

As the world’s fourth-largest largest economy and Europe’s leading economy, Germany looks to 2018 with pressing issues. How does the German economy...

  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.


    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile