The island country has registered annual growth of 6 percent over the last 10 years, and presents itself as a logistics hub linking East Africa, the Middle East, South Asia, Southeast Asia and Northeast Asia. As the nation aims to shore up foreign investment, boost international trade and switch to a knowledge-based economy, Korea is “a country of prime focus with which to further expand relationships on all fronts,” the country’s top envoy to Korea highlighted.“Sri Lanka is strategically located in the Indian Ocean and growing in the consciousness of Korea for its air lanes and sea lanes,” Manisha Gunasekera said. Sri Lanka is now “united and stable,” infrastructure is being developed nationwide and the economy has grown steadily since 2005, Sri Lanka’s Ambassador to Korea Manisha Gunasekera told The Korea Herald.“Another important government agenda is to work on reconciling communities over broad areas,” she said. “There is a dialogue with the Tamil parties within the democratic process to bring about comprehensive peace that is acceptable to everyone, and prevent clashes from recurring.” “In terms of logistics hubs, you have Dubai in the Middle East and Singapore in Southeast Asia, but you have nothing in between. Colombo could be an ideal waypoint for maritime and air trade, commerce and manufacturing.”Gunasekera, who assumed charge in last September, added that her government had introduced additional deregulation measures to make the investment climate more flexible, including a foreign exchange management bill. (Colombo Gazette) Ahead of the 40th anniversary of diplomatic relations with Korea, Sri Lanka is enhancing its partnership with Korea and promoting itself as an attractive investment destination in the Indian Ocean.
ARANZ Geo Ltd, developer of 3D geological modelling software Leapfrog Mining, has announced that it has signed a new umbrella software licence with leading mining group Rio Tinto. Rio Tinto has been using Leapfrog since 2007 and the signing of the agreement reflects increased usage of Leapfrog across the group. A Rio Tinto spokesperson said that “Leapfrog Mining is used by Rio Tinto geologists in Australia, United Kingdom, Canada, United States, and Peru. In addition to the use of Leapfrog for modelling exploration data for copper, iron ore, coal and uranium; Leapfrog is also used for project evaluation, targeting and structural modelling.”The Leapfrog Mining software is described as “fast, dynamic, 3D geological modelling technology with innovative workflows that enable the best possible understanding of the geology. Leapfrog enables accurate and consistent visualisation of data providing confidence in the interpretation and modelling of that data from early exploration to mine remediation. Multiple hypotheses can be explored, new data added and course corrections made easily as the project proceeds.”ARANZ Geo has also announced the appointment of new Turkish distributor, JeoDijital. This was effective as of February 2012. “The JeoDijital team will be invaluable to our clients in supporting their 3D geological modelling needs and move the business forward in the rapidly growing Turkish market.” said Shaun Maloney, Chief Executive Officer of ARANZ Geo. Dr Hayati Koyuncu, Managing & Research Director of JeoDijital, has more than 20 years’ experience in the mineral exploration industry working for major national and international mining and exploration companies both in Turkey and abroad. His experience ranges from academia to cutting-edge technology based solutions in the exploration and 3D geological modelling of mineral and energy resources, and the environment.