News around the world ( Seite 2414)

Latin Resources - Maiden Drilling to Commence, @Mariela Iron Prospect - May 2, 2012

+ Peruvian Latin Resources has received government approval for drilling @the Mariela Iron project.

+ Drilling is expected to commence in May +is to be managed by Hong Kong based Junefield Group(‘Junefield’) as per the Earn In Option Agreement (reported Nov ´11). The agreement allows Junefield to earn up to 70% of the Mariela Project by funding all activities to the completion of a Bankable Feasibility Study or to a total cost of A$35.000.000.

+ Twenty(20) exploration diamond drill holes are planned to test a coincident magnetic-gravity anomaly measuring some 3.000m x1.000m +interpreted to be up to 200m in thickness +buried beneath 30m –100m of alluvial sand cover (reported 29 Feb ´12).

+ The project is located immediately adjacent to a major road transport route +only 60 km from the mining port of Ilo. ...
http://latinresources.com.au/sites/latinresources.com.au/fil…

Ram Resources - Maiden Inferred Resource of 340.000.000 Tonnes, for Aries Project; J. Lumley: "This Resource Statement "is a major milestone for RAM, which has proved significant mineralisation @Aries." The Aries project "has the potential to become a notable Zirconium project in the world market, with contributions from Ta, Nb +REE’s" " - Apr 27, 2012

+ Total Inferred Mineral Resource of 340.000.000 tonnes @120ppm Ta205, 1.850ppm Nb205, 4.600ppm Zr02 +2.600ppm TREO

+ Contained metal inventory:

- 1.564.000 t ZrO2
- 884.000 t TREO(Total Rare Earth Oxide)
- 629.000 t Nb2O5,
- 41.000 tTa2O5


+ Good potential to increase the Aries resource, particularly to the south ...
http://easimail.ppr.com.au/download/files/12414/1672441/2012…

"Top 10 Home Energy Efficiency Tips ", for Earth Day - ASE - Apr 18, 2012

- R. Kweller -
http://ase.org/news/top-10-home-energy-efficiency-tips-earth…

Oxford Catalysts Group PLC - Offshore GTL Partnership; Oxford Catalysts Group PLC, the leading technology innovator for synthetic fuels production, is pleased to announce that Toyo Engineering Corporation('Toyo') +MODEC, Inc.('MODEC') have committed several $millions of additional funds to the Group for ´12; Group’s partnership with Toyo +MODEC was established in ´07 to jointly exploit the Group’s technology in the offshore GTL market, with Toyo +MODEC fully funding the development +demonstration of the technology. In ´08, Kobe Steel Ltd.('Kobe Steel') was added to the partnership as a preferred manufacturer, +in ´10 an agreement was announced with Petróleo Brasileiro S.A.('Petrobras') to host +cover the running costs of the 1st integrated demonstration of the Group’s offshore GTL technology @its Fortaleza refinery in Brazil, additional funds from Toyo +MODEC will be used by the Group to accelerate commercial readiness ahead of orders in the offshore GTL market; Roy Lipski: "Combining the Group’s technology with Toyo’s engineering expertise, MODEC’s leading position in offshore vessels +Kobe Steel’s manufacturing prowess, "makes for an unbeatable proposition in the offshore GTL market." We’re pleased to have the continued support of our partners. This latest financial commitment "is a strong vote of confidence in our technology" " - Mar 23, 2012
www.oxfordcatalysts.com/financial/fa/ocgfa20120323.php
www.oxfordcatalysts.com/video/ocg_vid04_yt.php?dm_i=XD9,SHQO…
www.oxfordcatalysts.com/press/ppt/Velocys_Zeus_GTL_Conf_1203…
www.oxfordcatalysts.com/press/ppt/Velocys_FT_Technology_Cape…
www.oxfordcatalysts.com/financial/fa/ocgfa20120214.php?dm_i=…

SA to unveil new mining, biodiversity planning tool this year; The South African government will launch a new ‘National Mining +Biodiversity Guideline’ later this year, which will provide the mining sector with a tool for integrating biodiversity considerations into planning processes. Addressing lawmakers on Wednesday, Water +Environmental Affairs Minister Edna Molewa said that the “practical, user-friendly” solution would be released jointly with Mineral Resources Minister Susan Shabangu, in partnership with industry, “towards the 3rd quarter of this year - MW, JOHANNESBURG - May 2, 2012

- T. Creamer -
www.miningweekly.com/article/sa-to-unveil-new-mining-biodive…

Avalon "may build $302.000.000 rare earths plant in southern US" - MW, JOHANNESBURG - Apr 13, 2012
www.miningweekly.com/article/avalon-may-build-302m-rare-eart…
www.thepressreleasewire.com/client/avalon_rare_metals/releas…

"TSX- and NYSE-listed Avalon Rare Metals is negotiating with landowners for two potential sites in the US for a rare-earth element separation plant to treat product from its flagship Nechalacho project, in Canada.

CEO Don Bubar said that Avalon sees the Gulf Coast region of the US as an attractive location for a rare earths plant.

The company recently completed a prefeasibility study focused on a site in Louisiana, which put a price tag of $302-million on a 10 000 t/y plant.

He said the firm was now actively pursuing land acquisition opportunities and was proceeding with due diligence investigations to determine the suitability of each property. It is also still reviewing potential alternative locations in both the US and in Canada.

The Gulf Coast region offered low-cost, bulk transportation alternatives, and proximity both to suppliers of the chemical reagents required for the separation process and to potential customers for its rare-earth products, Bubar added.

The separation plant is designed to treat chemical concentrates containing a blend of light and heavy rare-earth elements originating from the Nechalacho deposit, near Thor Lake in the Norhwest Territories.

Bubar said the separation plant design would now be incorporated into the development model for the project, which would push Nechalacho’s estimated capital expenditure to about $1.2-billion.

SNC-Lavalin completed the separation plant prefeasibility study and is also undertaking the Nechalacho study, which is scheduled for completion by the end of 2012.

With $50-million in cash resources, the company had sufficient funding available to complete the feasibility study and cover its overhead expenses, but needed to raise additional capital to begin funding preproduction development expenditures, such as deposits for long-lead-time equipment needed in the processing plant.

Avalon aims to start producing at Thor Lake by 2015.


Edited by: Mariaan Webb "

BHP "moves to ease worries over mega project spend"; Miner BHP Billiton moved to reassure investors fretting over its spending on "mega projects", "promising discipline +potential noncore asset sales in one of the sector's clearest efforts to address market worries over the cost of growth." BHP, the world's largest miner, has said it will "live within its means", but went further on Wednesday to soothe concerns, as investors across the sector fret over the prospects of flattening demand for some commodities while the sector's organic growth pipeline totals some $180.000.000.000 - MW/Reuters, LONDON - May 2, 2012
www.miningweekly.com/article/bhp-moves-to-ease-worries-over-…

Tigers Realm Coal - Amaam Resource Update - May 3, 2012

+ 38% increase in Inferred Resources @Amaam -to 406.000.000 tonnes

+ 308.000.000 tonnes in the open pit domain representing potential for up to 200.000.000 tonnes of in situ product coal down to 400m depth based on preliminary wash yield of 65%

+ Positive results in eastern part of Area 4EC where coal seams are shallower +exhibit flatter dips than previously modelled

+ 98.000.000 tonnes Inferred Resource below 400m provides significant potential upside from future underground operation

+ Additional exploration target of 180.000.000 -280.000.000 tonnes

+ Results based on 3.113m(11 holes) drilled to the end of January ´12

+ Full ´11/12 program now completed, with a total of 14.413m drilled(60 holes)

+ Results of the full program to be released in Q3 ´12 ...
www.tigersrealmcoal.com/IRM/Company/ShowPage.aspx/PDFs/1105-…