The Group's region of interest is the Mesozoic to Tertiary age tectonic belt that winds from Europe to the Middle East, extending for over 3,000 kilometres. EMED Mining's strategy is to rapidly evaluate exploration opportunities in several jurisdictions throughout this quality mineral belt with a relatively high rate of project turnover.

EMED Mining is based in Cyprus and has a strong commitment to responsible development of metal production operations in Europe, with an initial focus on copper and gold. EMED Mining was formed by Australian mining-industry specialists and is based in Cyprus, the site of its first project and a location geographically central to the Company’s area of interest.

The team now includes specialists from the Americas, Cyprus, Slovakia and Spain with most of our personnel now based in Spain.

Our regional strategy has not changed since EMED Mining listed on AIM in May 2005 and the key components of this strategy are to: 

• focus on demonstrably well-endowed areas and apply modern exploration techniques;
• use relationships in the region to provide a high level of technical, political and other expertise;
• demonstrate a commitment to the region by being headquartered in Cyprus and establishing offices near the geographic centre of each prospect; and
• integrate the practical experience gained in the world’s leading metal-producing countries with local expertise in each country where EMED Mining is active.

This strategy has been successfully implemented to date with the Company now enjoying first-mover advantage in the region. We have established a position of prominence for the industry in Spain, Slovakia and Cyprus.

Our core projects in Spain and Slovakia have such strong potential to add major value to the Company that new projects have not been added to the portfolio since 2007. However, we continue to monitor the Eurasian region for complementary opportunities with a view to selectively expanding the portfolio, if warranted. As new opportunities are identified, we assess the commercial and sovereign risks before investing further time and money.