In 2020, the glittering MINERALIS show open its doors at the Berlin exhibition grounds under the Radio Tower for the 46th time. As every year, the wonders of nature will fascinate visitors with their colours, forms and structures.
This year too, dealers and collectors will show their “treasures” from around the world and the newest finds at the Mineralis. Both the raw materials and the polished stones come directly from mines in Pakistan (aquamarine), India (ruby, sapphire), Australia (opal).
The best known of the fossils are the diverse ammonites, which are offered in great variety from 1 cm to 0.50 m in length. Other attractive fossils are fish from Brazil or the USA, as well as petrified woods from America.
Our holiday luggage has always included a rock pick and a chisel. Be it quartz, calcite or mineral ore, the Pfundt family began collecting minerals more than 50 years ago. There were deposits in Germany on slag heaps and in surface mines in the Harz region, in the Bavarian Fichtelgebirge, in the Black Forest, in the Hunsrück region. But other destinations like the islands of Elba, Sardinia and Corsica also provided natural treasures of stone. Amethyst, rock crystal, agate and rose quartz – our collection grew such that we almost had a little “mine”. Besides our own collecting activity, we also started attending mineral shows outside of Berlin.
Mineral industry is opportunity-based challenging investment with high risk. Risks include geological uncertainties, technical incompetency, commercial feasibility, political stability and attitude of regulating authorities. Investment decision needs at exploration, development and production with interrelated components of Resource, Risk and Revenue. Investment risk can be visualized through cash flow, Net Present Value, Internal Rate of Return, and Sensitivity Analysis resulting profit or loss. Investors prefer early and bigger benefits.
Sources of investment risks include scientific, technical, price fluctuation and sociopolitical determination. Economic evaluation is assessed on technical, economic and community needs. Information is collected during geological, feasibility and economic studies with Due Diligence at that point of operation. Evaluation factors are gross in situ value, mining and milling losses, smelting and refining charges, transportation cost, capital and operating expenditure, revenue-income, inflation, depreciation, depletion, amortization, royalties, tax and cash flow with examples of two Scoping studies. Checklist for information collection norms for investment in new mineral project is discussed.
The mineral industry undergoes the expected process of “cyclical natural ups and down” as a consequence of global slowdown in all major economies, with disinclination in the demand for metals and minerals. The average life cycle of nonrenewable minerals and metals reach the pick and then decline. The cycles of ascending and descending vary between 10 and 15 years. These trends in customer demands are creating new challenges and opportunities for today’s metals organizations. Emerging markets in the near future will grow significantly due to the source of raw materials from both ever-growing China and India with higher PPP. Mineral exploration activity is an ongoing process within the context of the cyclical nature of the mineral industry to contest the supply chain in a changing demand scenario. Therefore a blend of exploration innovation, recycling, substitution, as well as reduced consumption of metals will help to sustain the global population in terms of mineral commodity supply for the years to come (Gandhi and Sarkar, 2016).
The idea to set up such a sales exhibition / trade fair in Berlin was put into operation in 1975; what was then the Congress Hall in Berlin-Tiergarten was rented. After its collapse in 1980, the Berlin Minerals, Fossils and Jewellery Show switched to the exhibition halls under the Berlin Radio Tower. The exhibition is organised by Doris Pfundt with the support of all her family members.
Rose quartz has been venerated since antiquity as the stone of love and the heart. The Greeks and Romans believed that the gods of love, Amor and Eros, brought rose quartz to the earth to give people the primal force of love and reconciliation. People say that by applying rose quartz the heart is supplied with oxygen.
The minerals industry sector makes a significant contribution to the local and global economies and provides employment to millions of people, thus safeguarding their welfare. In countries where mining is a major industry sector, mining has contributed strongly to economic sustainability, but in many cases has also led to significant environmental and human health impacts, such that today there exist thousands of abandoned mines. Classic examples of human health impacts include mercury poisoning in South America, lead poisoning in a number of countries and aquatic system contamination in Papua New Guinea along with many other such incidences recorded globally. In Australia alone, there are over 50,000 abandoned mines, which are largely the legacy of a time when environmental legislation was either nonexistent or in its infancy.
The mineral industry is a negligible contributor in the economy of Mauritius. Some of the minerals produced locally are aggregate and crushed stone, fertilizer, lime, salt, and sand. Salt production decreased from 3800 tonnes in 2013 to 3500 tonnes in 2014. There is no coal, natural gas, or petroleum (Matzko, 2014).
The maritime zone of the Republic of Mauritius is > 1125 times its total land area, so the potential for resources exploration is vast. Mauritius and Seychelles share equal jurisdiction over a sea area of 396,000 km2 and have established a Joint Commission to coordinate and manage exploration, conservation, and development of the living and nonliving resources of the seabed in the area. The Treaty (2012) states that benefits arising from the continental shelf exploration for hydrocarbon and minerals are to be shared equally.
You can already start looking forward to the Berlin minerals, fossils and jewellery event in November 2020 at the Berlin exhibition grounds under the Radio Tower.
For the 46th time, all will sparkle and glint in the light of the lamps.
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