News around the world - 500 Beiträge pro Seite (Seite 45)

[Popeye82]

Mindoro Resources - Significantly Increases Agata Nickel Resources: up 31% to 42.76 million tonnes @1.01% nickel, 0.05% Co, 22% Fe, 1.7% Al, 12.0% Mg &29.0% SiO2 M &I +~2.4Mt @similar grades I; Drilling to continue testing five remaining regional targets - Sep 16, 2011
www.marketwire.com/press-release/mindoro-significantly-incre…

[Popeye82]

Brazilian Metals Group - Option to Acquire Highly Prospective Iron Ore Mineral Rights - Sep 8, 2011

+ BMG has acquired an option over the highly prospective Catuti iron ore block(80 square kilometres) in the emerging world class iron province in Northern Minas Gerais, Brazil

+ Surface sampling indicates consistent iron mineralisation of between 18% &55% Fe(block average of 30% Fe) (based on XRF1 testing) ...
http://stocknessmonster.com/news-item?S=BMG&E=ASX&N=556502

[Popeye82]

Base Resources gets funds for Kenya titanium project - MW/Reuters, NAIROBI - Sep 16, 2011
www.miningweekly.com/article/base-resources-gets-funds-for-k…
http://stocknessmonster.com/news-item?S=BSE&E=ASX&N=557495

"Australia's Base Resources said on Friday it had secured funds for its Kenyan titanium project and expects to commence operations next month.

The project near the east Africa nation's port city of Mombasa is scheduled to begin in September after lengthy delays due to demonstrations by environmental groups, disputes with farmers over land compensation and talks with the government.

A total of $162.3-million was raised through a cash call announced on August 1, exceeding the minimum target of $152.2-million, the company said in a statement.

Combined with a $170-million credit it already has, Base Resources said it has enough cash for the project.

"With funding in place, Base is well advanced with pre-implementation activities and is working towards formal project commencement in early October. A realistic timetable for development will see production commence in the third quarter of 2013," the company said.

Base Resources expects the project's annual production of titanium ores to include 330 000 t of ilmenite, or about 10% of the world's supply , and 80 000 t of rutile, or 14% of global output .

It also expects 40 000 t of zircon, another type of mineral.

Titanium is an important pigment for industrial, domestic and artistic applications. It is also a choice material for joint replacement, tooth implants and body piercing.

In a quarterly update in July, Base Resources said it had already started negotiating sale contracts for products from the titanium mining project including ilmenite, rutile and zircon.

It expects the new shares issued under the cash call to begin trading on the Australian Securities Exchange on September 20, 2011. "

[Popeye82]

Centaurus Metals - Strong Drill Results for Jambreiro; Resource Upgrade Expected by End of Sep; MD: "With the receipt of all outstanding assay data for the Project, we can now progress the finalisation of the Resource upgrade ahead of new pit optimisation +mine scheduling work for the Pre-Feasibility Study to be delivered by mid-November. All of the Prospects @Jambreiro host a large proportion of friable mineralisation, which will provide the Project with significant operational benefits @the start of future mining activities due to low operating costs" - Sep 16, 2011
http://stocknessmonster.com/news-item?S=CTM&E=ASX&N=557452

[Popeye82]

Mine nationalisation is not the solution, says SA chamber; The nationalisation of South African mines is not the solution to the country’s problems, the CEO of the country’s Chamber of Mines, Bheki Sibiya, said on Thursday. “South Africa has many challenges, particularly the high levels of unemployment, which affects >50% of youth aged between 18 +35; the high level of poverty, where >20% live below the poverty line, even with those 14% who receive a monthly government grant; +the corruption levels affecting the country, in which R23-million was stolen form State resources in ´10,” he said @a mining conference in neighbouring Zimbabwe - MW, HARARE - Sep 15, 2011

- Natasha Odendaal -
www.miningweekly.com/article/mine-nationalisation-is-not-the…

"The nationalisation of South African mines is not the solution to the country’s problems, the CEO of the country’s Chamber of Mines, Bheki Sibiya, said on Thursday.

“South Africa has many challenges, particularly the high levels of unemployment, which affects more than 50% of youth aged between 18 and 35; the high level of poverty, where upwards of 20% live below the poverty line, even with those 14% who receive a monthly government grant; and the corruption levels affecting the country,” he said at a mining conference in neighbouring Zimbabwe.


The unemployment and inequality challenge was a national crisis, not a mining issue, and would not be solved by nationalisation.

“There is too much at stake…the investments in South Africa should be protected and a legacy needs to be saved for our children. The economies of the countries that have nationalised have suffered,” said Sibiya.

The mining industry, which plays a significant role in the South African economy, accounts for 18.6% of gross domestic product, while, in 2010, it earned 18%, or R17-billion in corporate tax and R6-billion in royalties. Further, the industry is an important earner of foreign currency.

“South Africa may not be broke, but the country does not have sufficient liquidity, so the question becomes, how can we afford to nationalise with compensation?” Sibiya said.

Nationalisation without compensation would result in the downgrade of the sovereign rating of South Africa; foreign direct investment would fall; production would decrease and railway would lose 50% of its throughput. He said that unemployment would also likely rise.

He added that the rand would weaken and that illegal mining, which has already taken hold in the country, would increase if mines were nationalised without compensation.

Sandile Nogxina, a former director-general in South Africa’s Mineral Resources Department and now an adviser to Minister Susan Shabangu, recently said that investors would have certainty regarding nationalisation next year.

The African National Congress (ANC) has appointed a task team to investigate the merits of nationalisation. The matter would be discussed at the party’s policy conference in July.

The ANC Youth League is calling for a policy allowing the State to take 60% of all mining companies.

In Zimbabwe, companies have recently bumped heads with the government, as it seeks to force them to sell a 51% stake in their operations to locals.

The latest Ernst & Young business risk survey has flagged resource nationalism as the number-one risk facing mining companies around the world. "

[Popeye82]

Eskom forecasts material mining, industry demand growth; There were 60 mining projects &33 industrial projects requiring a total capacity of 2152.23 MVA &2958.02 MVA respectively, over the next ten years, Eskom regional key account manager Johan Pfister said on Thursday. This growth was being forecast despite warnings that surging electricity prices could undermine mining &industrial investment, delegates attending the 4th South African Ferro-alloys conference, in Johannesburg, heard - MW, JOHANNESBURG - Sep 15, 2011

- Brindaveni Naidoo -
www.miningweekly.com/article/511025-mva-over-next-ten-years-…

"There were 60 mining projects and 33 industrial projects requiring a total capacity of 2152.23 MVA and 2958.02 MVA respectively, over the next ten years, Eskom regional key account manager Johan Pfister said on Thursday.

This growth was being forecast despite warnings that surging electricity prices could undermine mining and industrial investment, delegates attending the fourth South African Ferro-alloys conference, in Johannesburg, heard.

There were 17 ferrochrome projects in the pipeline requiring a total capacity of 2107.95 MVA, and four ferromanganese projects, which could draw 329 MVA.

Samancor CEO Jurgen Schalamon, whose company is the world’s second-largest producer of ferrochrome, said such developments were “positive” and indicated that it was still viable and profitable to produce ferrochrome in South Africa.

“Eskom will be a big driver in South Africa’s manufacturing industry,” he added.

On the industrial side, 52.6 MVA would be required for two cement projects, 42 MVA for two fuel projects and 426.47 MVA for other projects, including titanium, steel and refining of metals.

With regard to the 60 mining projects, 240 MVA capacity was required for six coal projects, 1 388 MVA for 34 platinum projects, 371.23 MVA for 15 gold and uranium projects, 56 MVA for two iron-ore projects and 20 MVA for a diamond mining development. There were two other mining and quarrying projects that required a capacity of 77 MVA and six rail transport projects requiring 29.6 MVA.

Pfister stressed that all the projects listed were above 10 MVA, and did not include projects undertaken by its distribution unit.

He added that the projects were beyond the prefeasibility stage and had been considered when the Integrated Resource Plan for electricity was drafted. "

[Popeye82]

Mining Summary - LC - Sep 19, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Lydian International - Reports Further Drill Results from Amulsar Including 156 Meters @1.7 g/t, 63 Meters @2.0 g/t &53 Meters @1.3 g/t Gold - Sep 19, 2011
www.marketwire.com/press-release/lydian-reports-further-dril…

[Popeye82]

Time for Europe's bond-burning party ... Here’s a question for all the “math whizzes” among readers. If Greece burns all its bonds, how much money will it cost the Greek government(&the Greek people) if the Wall Street terrorists push-up interest rates on 10-year Greek bonds from the already usurious 20+% to 50% or 75% or 100%? Congratulations to all of you who answered “zero” - SH - Sep 19, 2011

- J. Nielson -
www.stockhouse.com/Community-News/2011/Sept/19/Time-for-Euro…

[Popeye82]

Australian Bauxite - Binjour Update - Resource Estimation Underway; CEO: "Binjour is proving to be a fine bauxite deposit, containing premium grade bauxite, with good potential for more discoveries, including new discoveries of bauxite lying right @surface. Binjour project is destined to sell large tonnages of bauxite to alumina refineries needing “sweetener” bauxite that processes @low temperature &with low reactive silica contents. “We call this “Brown Sugar” bauxite –sweet &greatly sort after. It will become a brand name " - Sep 19, 2011

HL:

+ 89 holes intersected high quality, thick bauxite @Binjour, Central QLD

+ Bauxite drill intercepts have been recorded in 4 locations in an area 8km x4km

+ The 1st-discovered bauxite deposit @Swains Plateau was subjected to follow-up drilling in July &was found to be a coherent deposit of significant tonnage &quality

+ Swains Plateau bauxite deposit was recently infill-drilled @a drill spacing sufficient to complete a maiden resource estimate for part of the deposit – now underway

+ Follow-up drilling of the other bauxite occurrences will also continue @Binjour for another two months whilst the Swains Plateau maiden resource is being estimated. ...
http://stocknessmonster.com/news-item?S=ABZ&E=ASX&N=649227

[Popeye82]

Lemur Resources - MOU signed with Madagascar`s State Owned Electricity Company - Sep 19, 2011
http://stocknessmonster.com/news-item?S=LMR&E=ASX&N=557605

[Popeye82]

Neptune Technologies &Bioresources - Penetrates Asia by Partnering With Chinese SKFC, the World's Largest Fleet Owner of Fishing Vessels ; form a 50%/50% Joint Venture named Neptune-SKFC Biotechnology that will manufacture &commercialize Neptune's krill products in Asia, the world's largest market for such products; "We are extremely pleased to partner with Neptune as it is the desire of the Chinese government to develop value-added products from primary fishing industry. ... After evaluating different Companies in the krill oil business, it became obvious to us that Neptune had the best Proprietary Production Technology &IP protection &became our preferred choice. We are pleased to have concluded this MOU as both parties negotiated in the best interest of their respective shareholders. ... "This major milestone was part of SKFC's development plan in order to become the world's largest krill fishing company. This partnership should generate production &sales of up to 500MT of krill oil over the next five years. " - Sep 19, 2011
http://finance.yahoo.com/news/Neptune-Penetrates-Asia-pz-512…

[Popeye82]

Mec Resources - Advent EnergyStudy Points To Significant Shale Gas Potential - Sep 19, 2011

+ Advent has now completed an initial study of shale gas potential in EP386 &RL1

+ results indicate significant potential upside in prospective shale gas resources for Advent with
estimated unrisked OGIP for EP 386 &RL 1 in the range from 19 TCF to 141 TCF. The thickness of the prospective shale gas play varies from 300m to >1500m ...
http://stocknessmonster.com/news-item?S=MMR&E=ASX&N=557663

[Popeye82]

Dragon Energy - Revised JORC Resource &New Exploration Target, @Rocklea - Sep 19, 2011

HL:

+ revised Mineral Resource differs by <1% in total tonnes &for most analytes when compared to ´09 resource calculation

+ In addition to the JORC resource, Dragon has calculated an Exploration Target of 40 to 51Mt @a grade of 50 -55% Fe(56 -62% calcined Fe) @the Company’s 100% owned Rocklea Project in the Pilbara region of Western Australia(refer Figure 1). ...
http://stocknessmonster.com/news-item?S=DLE&E=ASX&N=557574

[Popeye82]

Baobab Resources Plc - Muande JV - Exploration Update; MD: "Baobab is pleased with the rapid progress made @the Monte Muande magnetite/phosphate deposit &looks forward to presenting the 1st round of analytical results when they become available. Rio Mufa represents a very real &exciting opportunity for Baobab to establish a firm footing in the flourishing Mozambique coal sector. The Company believes that the development of coal assets will add substantially to its evolving iron &steel aspirations" - Sep 19, 2011

S:

+ A programme of open-hole scout drilling @the Rio Mufa coal prospect has commenced. The prospect is underlain by 12km2 of highly prospective Lower Karoo lithologies(confirmed during recent field investigations) &is flanked to the south &west by Rio Tinto tenure.

+ Diamond drilling @the Monte Muande 200Mt to 250Mt magnetite/phosphate Exploration Target has been completed for an aggregate total of c.2,000m. Drilling has intersected broad zones of shallowly dipping mineralisation with 1st round analytical results due during November.

+ Trench sampling to assess potential Monte Muande DSO(Direct Shipping Ore) eluvial Exploration Target of 3Mt to 5Mt has been completed with analysis currently underway. ...
www.baobabresources.com/files/BAO_AIMRelease20110919Muande.p…

[Popeye82]

Ord River Resources - SARCO &NFC, a world leading EPC specialist firm, Designed &built 60% of China’s entire alumina refinery capacity, sign Offtake MOU for 600kt Alumina from Laos - Aug 8, 2011

I. SARCO &NFC will enter into a minimum 20 year off-take agreement for SARCO to sell to an NFC-led buyer group alumina products from Laos.

II. The agreed annual sale quantity will be 600,000tonnes.

III. Sale price will be based on internationally recognised market prices. Prices will be adjusted periodically to reflect market prevailing prices.

IV. SARCO &NFC will convert this MoU into a binding contract that is compliant with internationally recognised standards in the future prior to the construction of the planned alumina refinery in Laos.

V. We are pleased with this major development for SARCO. This completes the initial round of negotiations for the three most important building blocks for the planned construction of a 600,000tonne alumina refinery in Laos. The other two have been announced already:

1. China Minsheng Banking Corporation’s letter of proposal for 70% debt financing.
2. MoU for fixed price &fixed term EPC contract with NFC for US$600million. ...
http://stocknessmonster.com/news-item?S=ORD&E=ASX&N=643326

[Popeye82]

PLUS Review - EIR - Aug 18, 2011
www.edisoninvestmentresearch.co.uk/research/sector/research

[Popeye82]

Edison Insight, Sep Edition; Welcome to the September edition of the Edison Insight. We now have >350 companies under coverage, of which 244 are profiled in this edition. The book opens with a strategy piece from Alastair George, who believes the probability of recession has risen substantially &has therefore reviewed S&P performance - EIR - Sep11
www.edisoninvestmentresearch.co.uk

[Popeye82]

Ferrowest - $29M Investment Agreement Signed - Sep 19, 2011

HL:

+ Detailed 'Investment Agreement' signed

+ Taifeng will sole fund A$ 20M in project development

+ A$4.8M will be invested in new Ferrowest shares @$0.20/share

+ Exercise of 18M Options @$0.24/share will provide up to $4.32M

+ Yogi Mine´s proposed magnetite production to be trippled ;

+ Taifend to take a 66.7% interest in Yogi Mine JV; &

+ Ferrowest to retain 100% of its proposed Eradu Pig Iron Project ...
http://stocknessmonster.com/news-item?S=FWL&E=ASX&N=557617

[Popeye82]

Global Petroleum - 2D Seismic Survey Commences in Namibia; Gross +Net Attributable Prospective Resources for Namibia Licence 0029, Blocks 1910B +2010A, Structure A +B: 3.47 billion +4.04 billion boe Best Estimate, Net to Global - Sep 19, 2011
http://stocknessmonster.com/news-item?S=GBP&E=ASX&N=235282

[Popeye82]

Angriff des KILLER-PINGUINS - W - Sep 19, 2011
http://web.de/magazine/lifestyle/leben/13718662.html

[Popeye82]

Quantum Rare Earth Developments - Announces Additional Drilling Results From Elk Creek, Nebraska; NEC11-004 Returns 68.18m of 3.32% TREO, within 236.19m of 2.10% TREO - Sep 20, 2011
www.marketwire.com/press-release/quantum-rare-earth-developm…

[Popeye82]

Hathor Exploration - Intersects 27.0 m of 7.91 % U3O8, including 3.5 m of 41.77 % U3O8, As Far East Zone @Roughrider Continues to Surpass Expectations - Sep 20, 2011
www.marketwire.com/press-release/hathor-intersects-270-m-791…
http://media3.marketwire.com/docs/hat920f1.pdf
http://media3.marketwire.com/docs/hat920f2.pdf
http://media3.marketwire.com/docs/hat920f3.pdf
http://media3.marketwire.com/docs/hat920f4.pdf
http://media3.marketwire.com/docs/hat920f5.pdf

[Popeye82]

OriginOil - to Collaborate with US Department of Energy to Develop Algae Feedstock Standard ; Producers &refiners will soon share a specification standard for algae biofuels production; VPoT: "We are very excited to help establish a uniform intermediate feedstock standard for algae, a critical step toward helping algae producers &energy refiners to collaborate for biofuels production. As with John D. Rockefeller's creation of a "Standard Oil" , specification standards are critical enabling steps for large-scale expansion of emerging industries. Once a standard for algae feedstock is agreed, it will provide industry direction to design equipment &products to meet that standard. OriginOil intends to work closely with algae industry organizations &producers to make this standard a reality" - Sep 20, 2011
http://finance.yahoo.com/news/OriginOil-to-Collaborate-with-…
https://secure.inl.gov/densification2011/default.aspx
www1.eere.energy.gov/biomass/

[Popeye82]

Talon Metals - Announces Drilling Results on Target Areas IV, V &VI, @the Trairão Iron Project, Brazil, target areas represent the eastern extension of the 18 kilometre long Trairão ridge; Appoints new CFO - Sep 20, 2011
http://finance.yahoo.com/news/Talon-Metals-Announces-cnw-200…
http://files.newswire.ca/882/talon_fig1.pdf

[Popeye82]

Rodinia Lithium - Confirms Brine Grade &Quality With Diamond Drill Results; Granulometry Determines >90% Sand &Gravel in Diablillos Aquifers; Bailer Tests Confirm Reverse Circulation Brine Sample Results, Increasing Confidence in Grade &Quality of Resource; Basement Depths Reached, Fractured Basement Increasing Possible Resource Area; 1st Pump Test Completed; P/CEO: "Confirming the positive properties of the acquifers, from brine quality &grade to favourable lithologies, is an important step in increasing certainty &de-risking the project. We have now drilled &sampled the deposit with various different methodologies &have found consistent &positive results throughout. In addition, we have now completed our 1st pump test with final results expected shortly" - Sep 20, 2011
http://finance.yahoo.com/news/Rodinia-Lithium-Confirms-ccn-2…

[Popeye82]

Sterling Group Ventures - Updates Phosphate Development in China - Sep 19, 2011
www.marketwire.com/press-release/sterling-updates-phosphate-…

[Popeye82]

Mawson Resources - intersects 11.3 metres @0.68% U3O8 at Riutta in Finland; CEO: "This is the best uranium drill result in Finland's history &demonstrates the potential for high grade &near surface uranium @the Riutta project. High grade uranium mineralization has now been drilled over 450 m of strike within a larger 3.6 km trend. These results highlight the outstanding discovery opportunities presented by Mawson's Scandinavian uranium portfolio, in addition to the Company's flagship Rompas gold project in Finland. The Riutta project is fully permitted for exploration, mineralization remains open along strike &down dip, &Mawson looks forward further testing the project's potential utilizing our recent geophysical survey results" - Sep 20, 2011
http://finance.yahoo.com/news/Mawson-intersects-11-3-metres-…

[Popeye82]

GVK Power &Infrastructure - received board approval to participate as an investor for the acquisition of a 7.9-billion-tonne JORC compliant coal resource &infrastructure development project - Sep 19, 2011
www.moneycontrol.com/livefeed_pdf/Sep2011/GVK_Power_&_Infras…

[Popeye82]

Phillips River Mining NL - Offtake Agreement Signed - Sep 20, 2011
www.asx.com.au/asxpdf/20110920/pdf/4215rc9l2gk11j.pdf

[Popeye82]

Sheffield REsources - Drill Results Confirm Massive Scale of McCalls HMS Deposit; MD: "These drill results are excellent, &improve on both the average grade &the dimensions of the deposit as outlined by BHP’s prior drilling; confirming our belief that McCalls is potentially a very large scale, high titanium ilmenite project, with significant zircon credits" - Sep 20, 2011

HL:

+ Results from a single drill traverse outline a 5km wide mineralised zone with consistent thickness &grade, beneath a thin layer of overburden

+ Mineralisation is open to north &south &@depth to >90m

+ Higher grades, greater thickness &lower slimes than indicated by historical BHP drilling

+ Sheffield to undertake mineral assemblage &resource estimation work in Q4 ´11 ...
http://stocknessmonster.com/news-item?S=SFX&E=ASX&N=557799

[Popeye82]

Century Iron Mines - &Altius Minerals Sign Principal &Royalty Agreements on Four Labrador Iron Ore Properties: Astray, Grenville, Menihek &Schefferville; Collectively these projects cover 1,647 square kilometres &a significant portion of the indicated iron formation within the Newfoundland &Labrador portion of the Labrador Trough. Preliminary results from a recently completed 22,000 line kilometre airborne horizontal gradient &magnetic total field survey &initial ground follow-up work indicate that multiple targets for each of the major recognized iron ore types(i.e., taconite, meta-taconite, &direct shipping ore) that are presently being mined or are under development in the region are present throughout this extensive land package. A minimum $4.3 million program is underway for the year 1 program; ALS.TO CEO: "We are very pleased to partner with Century on these projects. Century is highly motivated to become an iron ore producer in Labrador through consolidation of projects in the region. Century has successfully attracted >$100 million in financing, plus ongoing financing, development support &off-take commitments, from its strategic partners. These partners, WISCO International Resources &China Minmetals, are two of China's strongest industry players , &will support Century in reaching its iron ore production goals. We look forward to a cooperative &successful venture" - Sep 20, 2011
www.marketwire.com/press-release/century-iron-mines-altius-m…

[Popeye82]

CBM Asia Development - Increases Coalbed Methane Holdings in Sumatra &Kalimantan; Acquires 70% Operated Participating Interest in Two Additional Indonesian Coalbed Methane PSCs; C: "We are excited about the prospects for these two acquisitions, including the extensions under application @both blocks. Together with the extensions, these acquisitions exceed our previously announced LOI(May 12, ´11). The Hulu PSC in Central Sumatra targets coal seams that are age-equivalent to those @the Sekayu PSC, where the Company recently reported positive results. Drilling by other operators in East Kalimantan, particularly BP's recent confirmation of that they have achieved CBM-to-LNG export, four years ahead of Australia, confirm the CBM potential there. As operators of these two blocks we will be able to dictate the pace of exploration &development" - Sep 19, 2011
www.marketwire.com/press-release/cbm-asia-increases-coalbed-…

[Popeye82]

IC Potash - Signs Memorandum of Understanding with the United States Bureau of Land Management for Project Permitting Process; CEO: "The signing of both the Memorandum of Understanding with the BLM &the related Cost Reimbursement Agreement represent significant progress in the permitting process. We are on track for planned production in ´15 ´&full production in ´16 &are committed to sound environmental practices. Substantial environmental work has already been completed &we look forward to continuing the work through the formal EIS process" - Sep 20, 2011
http://finance.yahoo.com/news/IC-Potash-Corp-Signs-cnw-35165…

[Popeye82]

Carpathian Gold - Latest Drill Results, Including 438 m of 0.83 g/t Au &0.19% Cu, Confirm Continuing Expansion of the Ciresata Deposit, Romania; Five drill rigs are presently working @the Ciresata deposit, with the objectives of defining the deposit limits &upgrading the inferred resource to the measured plus indicated resource categories. In addition, over the next 12 months, a further 15,000 metres of drilling is allocated to drill test targets in the Ciresata area &other targets on the Rovina Exploration License as part of a collaborative effort between Carpathian &Barrick Gold Corporation("Barrick") resulting from the strategic private placement of Barrick into Carpathian as previously announced on July 18, ´11; CEO: "We are pleased with the results of these perimeter drill holes which not only suggest that the Ciresata porphyry mineralization is still open to the west &outhwest but that the RVP is truly becoming a world class project. The ongoing results of the resource definition drilling continue to support our belief that the size of this deposit will increase, thus contributing significantly to the results of our RVP pre-feasibility study which is in progress. The larger step-out target exploration drill program, planned to start by the end of September, will test the west &southwest extension of the Ciresata mineral system as well as other satellite targets" - Sep 20, 2011
http://finance.yahoo.com/news/Carpathians-Latest-Drill-ccn-2…

[Popeye82]

Mining Summary - LC - Sep 23, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Wohnen wie bei den Hobbits ; Simon Dale baute ein einzigartiges und umweltfreundliches Haus - W - Sep 23, 2011
http://web.de/magazine/freizeit/bildergalerien/bilder/137581…

[Popeye82]

IMF cuts global forecasts - AI - 22-Sep-2011
www.australianinvestor.com.au/news.asp?id=41781

"THE International Monetary Fund (IMF) has cut its world growth forecasts and warns the global economy has entered a "dangerous new phase", although the Asia Pacific region is in a better position to face the risks.

In its latest World Economic Outlook, the IMF says global activity has weakened and become more unstable, confidence has fallen sharply, and downside risks are growing.

"Strong policies are urgently needed to improve the outlook and reduce the risks," the IMF's economic counsellor Olivier Blanchard says.

They have cut its world growth forecast to four per cent for both 2011 and 2012, down from its June predictions of 4.3 per cent and 4.5 per cent respectively.

However, the Asia Pacific region is in a better position to face current global risks.

The IMF has cut Australia's growth forecast to 1.8 per cent for 2011, from a 3.0 per cent prediction made in April, and to 3.3 per cent for 2012, from 3.5 per cent.

The IMF was complimentary on Australia's planned return to a budget surplus in 2012/13, saying it would increase the economy's "fiscal room", while taking pressure off monetary policy and the exchange rate.

"The mining boom also provides an opportunity to build fiscal buffers further over the medium term and contribute to national saving," it says. "

[Popeye82]

Fancamp Exploration - Provides Exploration Update &Summary of Recent Activities on the Stoke Property; Thirty one holes &8,124 metres(or 5 miles of core) have been drilled on this world class titaniferous magnetite deposit; Current plans call for an IPO in late ´11 after the publication of assay results &receipt of a NI 43-101 report based on this summer's diamond drilling - Sep 21, 2011
www.marketwire.com/press-release/fancamp-provides-exploratio…

[Popeye82]

Satellit schlägt auf der Erde ein ; Schulbusgroßer Satellit "könnte" über Kanada abgestürzt sein - W - Sep 24, 2011
http://web.de/magazine/wissen/weltraum/13763804-us-forschung…

[Popeye82]

Sparton Resources - Announces Exclusive Germanium Supply Arrangement With Voltaix LLC, world's leading germane producer - Sep 26, 2011
www.marketwire.com/press-release/sparton-announces-exclusive…

[Popeye82]

Verde Potash Plc - Reports Strategic Resource of High Purity Limestone: 89 million tonnes @54.71% CaO I +180 million tonnes @54.7% CaO I, no cut-off applied; C. Veloso: "We are excited by the evident potential of the Calcario Limestone. As a possible source of limestone for use in the production of ThermoPotash, it will give the company security of supply +price control over a major input cost. This resource could open up new opportunities to realize value for shareholders, +the company is assessing opportunities to realize additional value from the limestone in the agricultural market as a soil conditioner +as feedstock in the cement industry" - Sep 26, 2011
http://finance.yahoo.com/news/Verde-Reports-Strategic-cnw-89…

[Popeye82]

Ethiopian Potash - Continues to Intersect Potash Horizons &Increase Rate of Drilling on its 481km2 Danakil Project, Ethiopia; While the Company is discouraged @the slow assay turnaround time for its initial core samples, EPC continues to be encouraged by the fact that it is clear from visual inspection that all of the holes have intersected the regional Danakil Potash Formation, &all holes intersected potash mineralization; holes were drilled along the western edge of the Danakil &targeted the on-strike continuation of the Musley potash deposit situated approximately 10 kilometers south of EPC's SW discovery area. The potash horizons encountered are within 200m of the surface &present several possible mining scenarios, Following completion of the summer field program, the Company is in the process of constructing drill-site access &seismic roads on the floor of the Danakil as we enter the dry season. One of the roads will be extended across the Danakil to provide access to the eastern portion of the property, &the potash discoveries @Colluli. Based on historic &recent drill results on the adjacent property the Company expects to intersect potash mineralization in drill holes @depths from near surface to approximately 100 meters depth - Sep 26, 2011
www.marketwire.com/press-release/retransmission-epc-continue…
www.ethiopianpotash.com/pdf/Road_Seismic_Drill_Map.pdf

[Popeye82]

Blackline GPS - Signs Exclusive Agreement, Launching True Fall Detection - Sep 23, 2011
www.marketwire.com/press-release/blackline-signs-exclusive-a…


Blackline Recognized as Technology Innovator by TechRev; chosen from a pool of >350 - Sep 26, 2011
www.marketwire.com/press-release/blackline-recognized-as-tec…

[Popeye82]

Marifil Mines - Acquires Phosphate Properties; cateos cover a strike length of about 25 kilometres of outcropping phosphatic sedimentary beds included within the Vaca Muerte &Agrio Formations. These rocks are exposed in the Sierra De Reys mountain range &are of Jurassic &Cretaceous age. Marifil now controls about half of the strike length of the favourable outcrops, with its neighbour the giant Brazilian miner Vale S.A. covering the rest - Sep 26, 2011
www.marketwire.com/press-release/marifil-acquires-phosphate-…

[Popeye82]

West African Iron Ore - Intersects High Grade Iron Ore Mineralization, In PhaseI Drilling; All drill holes show an iron-enriched cap, which in drill holes SAM002 +SAM003 extends down to approximately 13 meters with average iron grade >63% Fe; diamond drill results @Sambalama loosely define mineralised intervals ranging in length between surface to 13m in oxidised zones +@depth between 20m to 60m +up to 150m depth. As a result of the ongoing geological mapping programme, mineralisation appears to be continuous along strike for 800m, but drill spacing is too wide @this stage to confirm geological continuity. Samples recovered from the oxidation zone record high values of Fe, but core recovery was poor, the partial core intercepts that were recovered from SAM001, SAM002 +SAM003 were of similar appearance to that recovered above +below those intervals, but not sufficient for assay purposes. This was also confirmed by the logging of each of the holes conducted by Uranium Logging &Consulting. This showed continuous high-grade, hematite rich saprolite +magnetic quartzite from ground level to 30 meters depth +assays by SGS in Johannesburg of the RC chips that were recovered from those zones that exhibited poor core recovery are awaited before further reporting. The drill contractor has started to use triple tube diamond drill rods in the oxidised zone in an attempt to improve core recovery that will allow the definition of the Sambalama iron-enriched cap - Sep 7, 2011
http://finance.yahoo.com/news/West-African-Iron-Ore-Corp-cnw…

[Popeye82]

Black Iron - Strengthens Management Team, With Addition of Nikolay Bairak as Vice President Government &Community Relations - Sep 21, 2011

+ Black Iron Hires Nikolay Bairak as Vice President, Government &Community Relations to Be Based in Kryviy Rih &Kyiv, Ukraine

+ Bairak is the Founder of the Members of Parliament Club, A Non-Partisan Ukrainian Organization Made Up of 300 Parliament Deputies of All Convocations , Including the President of Ukraine

+ Bairak is A Former Member of Ukraine's Parliament Where He was Deputy of the Supreme Power Verkhovna Rada and &Former Deputy of Zaporizhzhya Regional Council

+ Bairak has Significant Experience &Contacts Within the Ukrainian Government &Broader Community, Both in Kyiv &the Dnepropetrovsk Region, Where Black Iron's Projects Are Located ...
www.marketwire.com/press-release/black-iron-strengthens-mana…

[Popeye82]

Gold Fields targets further diminution of SA production dependence ; South African gold major Gold Fields has told an international audience that it is targeting a further diminution of South African production dependence. In a presentation to the Denver Gold Forum in the US, Gold Fields CEO Nick Holland displayed a pie chart that put South African production @a targeted 40% by ´15, down 27% from the company’s 67% South African production dependence in ´08 - MW, JOHANNESBURG - Sep 20, 2011

- M. Creamer -
www.miningweekly.com/article/gold-fields-targets-further-dim…

[Popeye82]

Evogene - Bayer CropScience &Evogene Achieve Milestone in Wheat Genetics Research; >200,000 SNPs Identified in Wheat Genome as Part of Effort to Improve Wheat Traits Through Advanced Breeding; In December ´10, Bayer CropScience &Evogene entered into a five-year collaboration, aimed @accelerating the development &introduction of improved wheat varieties. The collaboration is focusing on improving wheat yield, drought tolerance &fertilizer use efficiency utilizing a combination of advanced breeding &state of the art genetic modification methods; M. Kremer: "We want to improve wheat to tackle issues like climate change &the decline of mineral resources used for fertilizer. This research milestone is an important step towards that goal, &will enable Bayer CropScience to deliver improved wheat varieties to growers sooner "; O. Haviv: "We are very proud of this technological breakthrough, which we achieved in a relatively short period. The identification of the SNPs is a key to enhancing native traits utilizing genomics-guided, efficient &precise breeding tools. Our newly-discovered SNP dataset significantly expands our understanding of the wheat genome, which we anticipate will facilitate our joint work with Bayer CropScience to introduce improved wheat varieties" - Sep 26, 2011
http://finance.yahoo.com/news/Bayer-CropScience-Evogene-iw-3…

[Popeye82]

Australia’s minerals exports to rise 21% to record A$215bn ; The value of mineral exports from Australia, the world’s top iron-ore &metallurgical coal exporter, is expected to reach a record A$215-billion in ´11/12 on the back of higher prices &export volumes, the Bureau of Resources &Energy Economics(BREE) said on Tuesday. “The 21% increase in resources &energy export earnings reflects strong increases for most commodities including coal, iron-ore, oil &gas, base metals &gold,” said BREE executive director &chief economist Quentin Grafton - MW, PERTH - Sep 21, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/australias-minerals-exports-to-…

[Popeye82]

Oceanic Iron Ore - Announces Hopes Advance NI 43-101 Resource Estimate; S. Dean: "The resource estimate prepared by Micon in respect of Hopes Advance exceeds our resource target set earlier this year. The new resource estimate is 180% larger than the historic resource &is expected to increase once we take into account additional assay data that is still to be received. There is also significant potential upside from the Roberts Lake &Morgan Lake project areas, which are not addressed in this resource estimate &which have historic resources of ~1.8 billion tonnes" - Sep 21, 2011

HL:

+ 358.3 million tonnes of indicated in-pit resource @a 31.8% total iron with a 38.2% crude to concentrate weight recovery @a total iron cut-off of 25%

+ 872.4 million tonnes of inferred in-pit resource @a 32.4% total iron with a 39.0% crude to concentrate weight recovery @a total iron cut-off of 25%

+ The new resource estimate is significantly larger than the historic resource by a factor of >180%

+ It is expected that the results of a Preliminary Economic Assessment("PEA") will be released shortly

+ A resource estimate update upon receipt of additional assay data from approximately 70 drill holes is expected before the end of this calendar year ...
http://finance.yahoo.com/news/Oceanic-Iron-Ore-Corp-ccn-1731…



Oceanic Iron Ore Corp.: Hopes Advance PEA NPV of $10.4 Billion; AMEC Port &Shipping Study Preliminary Environmental &Social Impact Report; S. Dean: "The results of our preliminary work has far exceeded our expectations. The combination of a large tonnage, high NPV deposit @tidewater with some of the best quality metallurgical characteristics in the Labrador Trough suggests that Hopes Advance is one of the premier iron development projects in Canada. In addition to the 25 to 50 year mine life @Hopes Advance, there is potential significant upside from both the Roberts Lake &Morgan Lake project areas, which have historic resources of ~1.8 billion tonnes(i). We will continue to fast track our work on Hopes Advance with pilot testing on a 200 tonne bulk sample as well as delivery of a pre-feasibility study in Q2 ´12" - Sep 22, 2011

PEA HL:

+ "Optimal" case production of 20 million tonnes/annum("tpa") 66.5% iron concentrate

+ $3.7 billion initial capital cost inclusive of 25% contingency

+ $2.4 billion initial capital cost for 10 million tpa case

+ Concentrate selling price of $115/tonne

+ Operating cost of $24.58/tonne of ore, pre royalty

+ Waste/ore strip ratio of 1.12

+ 24 year project life from ´16, pre - tax NPV of $10.4 billion, assuming 8% discount rate

+ Pre-tax IRR of 34%, Payback of 2.4 years(post tax, unlevered) ...
http://finance.yahoo.com/news/Oceanic-Iron-Ore-Corp-Hopes-cc…

[Popeye82]

Mining Summary - LC - Sep 26, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Apollo Minerals - Strategic Review Confirms Iron Ore Mine Development Plans - Sep 21, 2011

HL:

+ Strategic review confirms priority to push existing iron assets towards production

+ Near-term work programme designed to fast-track the development of the Commonwealth Hill Iron Project

+ Apollo prepared to progress three projects, including two iron &one base &precious metals project ...
http://stocknessmonster.com/news-item?S=AON&E=ASX&N=649565

[Popeye82]

New pig iron demonstration plant now running in Brazil; Brazilian diversified mining group Vale, the world’s 2nd largest miner in terms of market capitalisation, has announced that it has started up a demonstration plant to test &further develop a unique Brazilian technology which can produce pig iron without using a traditional blast furnace, The demonstration plant, located @Pindamonhangaba in São Paulo state, started operation on September 12 &has an annual production capacity of 75 000 t. This new technology promises higher productivity &flexible use of raw materials while cutting steel production costs by up to 30% , It is forecast that the new technology will cut steel plant carbon dioxide emissions by 5%, particulate emissions by as much as 85% &nitrogen oxide emissions by up to 95% - MW - Sep 23, 2011

- K. Campbell -
www.miningweekly.com/article/new-pig-iron-production-technol…

[Popeye82]

EnWave - Announces Start-up of Pilot-Scale quantaREVTM Technology; has now initiated specific product testing on the machine +plans to begin customer testing in late September. Moreover, the Company plans to build five additional lab-scale REV units over the course of this year to increase availability for expected on-going paid testing +collaborations; C/CEO: "We are tremendously excited to begin quantaREV™ testing with our current +potential collaborators. We expect the efficiency +scalability of quantaREV™ to make REV an attractive technology for large scale processing of high quality food ingredients +snacks, as well as chemical +industrial applications" - Sep 20, 2011
www.marketwire.com/press-release/enwave-announces-start-up-o…

[Popeye82]

Stellar Biotechnologies - &Major Biotech Company Enter Discussions on Joint Research - Sep 26, 2011
www.marketwire.com/press-release/stellar-biotechnologies-maj…

[Popeye82]

Mining Summary - LC - Sep 27, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Cyclone Power Technologies - Former White House Climate Change Chairman Joins Cyclone Power Technologies Team ; >a decade he has advised Fortune 100 companies - Sep 27, 2011
http://finance.yahoo.com/news/Former-White-House-Climate-bw-…

[Popeye82]

Mining Summary - LC - Sep 28, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Baobab Resources Plc - Ruoni Drilling Update; B. James: "The latest round of results confirms the "robust" continuity of mineralisation @the Ruoni North prospect. The Company looks forward to releasing further results from Ruoni North &South in the lead up to their respective resource statements"; continues to target a resource base of 300Mt of iron ore by the end of ´11 - Sep 28, 2011

HL:

+ Further positive results returned from the latest round of Ruoni North, analytical data are consistent with those announced previously.

+ Significant drill intercepts, up to 95m in length, report an average head grade of 33% Fe with saleable DTR concentrate grades averaging 59% Fe, 0.8% V2O5 &12% TiO2 @a mass recovery of 39%.

+ Consultant, Coffey Mining Pty Ltd, has commenced geological modelling of the Chitongue Grande Expansion area &the Ruoni North &Ruoni South blocks in preparation for resource statements scheduled for release in October / November ´11.


Resource Drilling: Tenge/Ruoni Prospect

+ Tenge/Ruoni is the easternmost prospect area of the Massamba Group. Drilling @Tenge/Ruoni is progressing rapidly &has intersected a heavily mineralised package varying in thickness from 60m to 150m. Mineralisation has been synformally folded with the fold hinge plunging gently to the west-northwest. Exploration campaigns in the prospect area have been divided into three resource blocks:

+ Ruoni North: representing 1km of strike along the northern limb of the fold. Thirty reverse circulation(RC) &diamond holes have been completed to date across seven traverses for an aggregate total of 5,750m. Drilling has intersected a substantial package of mineralisation from surface dipping @25° to 50° to the southwest.

+ Ruoni South: representing 1.2km of strike along the southern limb of the fold. Twenty seven RC &diamond holes have been completed for an aggregate total of 5,200m. Mineralisation in the Ruoni South area is generally steeper dipping(c.65° to the north).

+ Tenge: representing the hinge zone of the fold &covering a strike length of approximately 1.3km. A drilling programme of approximately 3,000m has commenced. ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Wildcat Silver - announces additional drill results, including 22.9 metres @483.2 g/t silver, 15.5% manganese, 2.5% zinc, 2.8% lead +0.2% copper; update to existing Hermosa resource +preliminary economic assessment expected to be released in 4th quarter of ´11 - Sep 27, 2011
http://finance.yahoo.com/news/Wildcat-announces-additional-c…
http://files.newswire.ca/918/HermosaDHMap_9_27_2011.pdf

[Popeye82]

IBC Advanced Alloys - Signs Drilling Contract for ´11 Utah Drill; Program to Quantify Upstream Beryllium Properties in Juab County, Utah; VPoE: "I am very excited by the high quality results from the recent airborne survey, which clearly indicated several excellent targets over a very large area. The Company's focus now is to quantify the potential beryllium mineralization, which we hope will provide a strategic upstream resource underpinning continued downstream manufacturing growth, as well as to support our R&D efforts, such as our nuclear fuels initiative, which has the potential to drive significant future beryllium consumption" - Sep 27, 2011
www.marketwire.com/press-release/ibc-advanced-alloys-signs-d…

[Popeye82]

Australasian Resources ageement - AI - 27-Sep-2011
www.australianinvestor.com.au/news.asp?id=41813
http://stocknessmonster.com/news-item?S=ARH&E=ASX&N=558666

"The Chairman of Australian iron ore company Australasian Resources Ltd (Australasian or ASX: ARH) Mr Domenic Martino has announced today that ARH has finally agreed a structure for its massive ironore deposit in Western Australia.

We have executed a non binding MOU with Mineralogy Pty Ltd whereby our subsidiary and project company International Minerals Pty Ltd (“IM”) will now have access to 2 billion tonnes of iron ore. Final details are being worked out between the companies in order to finalize a binding agreement. I anticipate a further announcement in about a month.”The Chairman of Mineralogy Pty Ltd has also received a letter of interest from the Royal Bank of Scotland (“RBS”) whereby they have confirmed that they are keen to pursue a satisfactory engagement letter for the issue of USD$500 million in high yield notes by IM pursuant to 144-A/ Regulation S to support the development of the project”.

In addition, the other signatories to the MOU today were, MCC HK, asubsidiary company of MCC of China whereby MCC HK has agreed to assist IM to raise 75% of the project costs by way of export credit from Chinese banks.

MCC HK has also agreed to accept the appointment as ECP/EPCM for the project on mutually agreed terms and conditions based on the strong background of MCC HK in this area and also for securing project finance from Chinese Banks.

The agreement shall be on a fixed price lump sum turnkey basis and the design in accordance with the Chinese financial study agreed by both parties.

The MOU is flexible to allow for Chinese and or other offtake partners for product produced from the Project and IM confirms that it is also in discussions with a major trading house to participate in offtake agreements and also for a USD$600 million investment in the project.

IM is currently updating the financial evaluation of the Project and these updated figures will be released to the market as soon as they are to hand. "

[Popeye82]

EastCoal - Right to Acquire Menzhinsky Coking Coal Mine; Work on a NI 43-101 compliant technical report will commence in October ´11. Until completion of that report, it will not be possible to define the resource tonnage. Presently, the dimensions of the strike are 5 kilometres &9 kilometres down dip. If the results of the report are favourable, further development phases will be planned; medium term production target, subject to technical review, is expected to be ~1 million tonnes of coal/year - Sep 28, 2011
www.marketwire.com/press-release/eastcoal-inc-right-to-acqui…

[Popeye82]

Cap-Ex Ventures - 3.7 Kilometre Strike of Hematite Confirmed, @Lac Connelly - Sep 28, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-37-kilo…

[Popeye82]

Advanced Explorations - Update on Roche Bay Iron Project; results from civil geotechnical program will be used to finalize the layout of infrastructure for the ongoing Feasibility Study("FS"), Resource &technical information gained from this program will be used to update the tonnage for resource model, while upgrading inferred to indicated resources &for open pit geotechnical study; Y. Zeng: "Our organization would 1st like to express our gratitude for the warm reception we received in Canada &Nunavut in particular. We have been pleased with the efforts of both our Chinese experts led by Han-Xing Mining Institute in conducting our technical due diligence &by Wardrop Engineering(a Tetra Tech Company) in advancing the Roche Bay Feasibility Study. XinXing Pipes Group("XXP") is actively promoting the completion of the China process for the project &is working with AEI to conclude the Joint Venture agreement in the near term while we are eagerly awaiting the final feasibility study report", J. Gingerich: "We accomplished the required ´11 objectives &remain on track to have the draft FS submitted by Q4 of this year with the final report in early ´12. As part of this process, another revised NI 43-101 resource report will be released this fall updating the resource base to be used in the FS study. The feasibility study is expected to continue on track, &with the consolidation of our relationship with XXP, an exciting future for AEI lies ahead. Dedication &priority focus on Roche Bay has allowed us to move forward despite delays &markets conditions" - Sep 28, 2011
www.marketwire.com/press-release/advanced-explorations-inc-u…

[Popeye82]

Functional Technologies - Reports Positive Data with Acrylamide-Preventing Yeasts in Novel Food Application, under Simulated Commercial Conditions; efficacy studies conducted on end-user materials, investigating the Company's proprietary acrylamide-preventing(AP) yeast technology in a novel food application, have demonstrated significant reduction of asparagine. Moreover, the reduction was achieved well under the normal processing times associated with the application. Asparagine is a key precursor to the formation of the mutagen(i.e. carcinogenic), as well as neurologically &reproductively toxic chemical, acrylamide. Functional Technologies previously demonstrated that the ability of its technology to reduce asparagine has been significantly effective in preventing the formation of, &thereby reducing, acrylamide; C/CEO: "Studies like the one we've reported on today are positive for Functional Technologies not only in substantiating the ability of our yeast technologies to prevent &reduce acrylamide in multiple commercial food applications, but also speak to the benefits of our strategy to pursue working relationships with innovative thought leaders &principals in the food industries. Collaborative access to materials &protocols commonly used in commercial applications helps facilitate more rapid &efficient optimization of our technology, as well as effectively demonstrating its strengths to existing &interested global partners. This in turn provides pathways by which our platform-based technologies can be advanced &expanded on commercially. More than ever, we are excited about the Company's prospects" - Sep 28, 2011
www.marketwire.com/press-release/functional-technologies-rep…

[Popeye82]

Junex - Discloses the Results of an Independent Evaluation, of the Oil Potential of its Anticosti Island Acreage: Best Estimate of the undiscovered shale oil initially-in-place("OIIP") volume for the Macasty Shale on all five of Junex's permits on Anticosti Island @12.2 billion barrels - Sep 28, 2011
www.marketwire.com/press-release/junex-discloses-results-ind…
http://media3.marketwire.com/docs/Junex_Projet_Anticosti.pdf

[Popeye82]

Red Crescent Resources - Makes Progress @Its Sivas Copper Project; geochemical survey results confirmed promising indicated concentrations of a polymetallic spectrum of base &precious metals, including gold; drilling operations have begun on the main zone of its Sivas Copper Project; : "The indicative geochemical results from two of the completed lines of soil samples taken from the identified mineralised listvenite zones @the project in proximity to the 1st drill hole MZ1, which are both supplementary &complimentary to the historical works done by Falconbridge, has unequivocally shown that polymetallic mineralisation may potentially exist over areas of the properties within the project. Further this has confirmed the anecdotal evidence that Gold exists within the mineralised zones that form the project. Now that we have the successful 1st drill hole MZ1 completed &the core analysed, @least along its surface by a NITON XRF field measurement unit, it would appear that by all means the potential for a polymetallic mineralised body is being indicated. We now look forward to the formal laboratory results from the core sampling in the coming weeks hopefully confirming the findings" - Sep 28, 2011
www.marketwire.com/press-release/red-crescent-makes-progress…

[Popeye82]

Linc Energy - Discovers Significant Oil Shale Deposit, in Arckaringa - Sep 27, 2011

HL:

+ Significant oil shale deposit approximately 124m thick(406 feet) was intersected @a depth of >854m(2,801 feet) &covers an area of approximately 93.5km x12.3km(1,150 km2 or 284,000 acres).

+ The most prospective black shale/siltstone within the deposit is around 70m(229 feet) thick(between 899 -970m deep) with preliminary analysis indicating potential oil yields of 25 litres to 45 litres per tonne.

+ Oil shale deposit was discovered within the Stuart Range Formation located in Linc Energy’s Petroleum Exploration Licence(PEL) 122 in the Arckaringa Basin, South Australia.

+ 1,153 line kilometres(716 miles) of 2D seismic survey in the Arckaringa Basin has been completed &processing of data is already underway, with preliminary results indicating a substantial number of new &previously unknown target locations. ...
http://stocknessmonster.com/news-item?S=LNC&E=ASX&N=235512

[Popeye82]

NEVADO Resources - Initiates 2nd Major Helicopter-Supported Diamond Drilling Campaign, @the La Blache Iron-Titanium-Vanadium Project; P/CEO: "Fully financed &with the start of its 2nd major drilling program, NEVADO is well poised to determine the full Iron, Titanium &Vanadium oxides mineralization &size potential of its top four priority targets @La Blache, which NEVADO believes may host 200 million tonnes of mineralization. It is expected that by year-end we will have reached a key milestone in the project that will include approximately 25,000 metres drilled, the completion of NI-43-101 compliant mineral resources estimates on the most extensive oxides mineralization to date @Farrell-Taylor, the completion of the 2nd stage metallurgical testing &a preliminary economic assessment. We will continue reporting results as they become available" - Sep 28, 2011

+ 15,000 metres in 3-stage drilling campaign, including the completion of the delineation drilling @the 1,500 metres by 550 metres by 115 metres Farrell-Taylor Occurrence

- To test 3 additional multi-kilometric occurrences

- NEVADO believes the occurrences may host 200 million tonnes of oxides mineralization ...
www.marketwire.com/press-release/nevado-initiates-second-maj…

[Popeye82]

Quantum Rare Earth Developments - Commences Drilling, @the Archie Lake Property; program will include twelve to eighteen holes totaling 1,200 metres, drilled from three pads. The diamond drill holes are projected to range from 50 to 100 metres in order to define the depth extent of the surface mineralization - Sep 27, 2011
www.marketwire.com/press-release/quantum-commences-drilling-…

[Popeye82]

Silver Bear Resources - Completes Positive Economic Study on Its Mangazeisky Silver Project in Yakutia, Russia - Sep 28, 2011

+ Project Cash Costs @$9.34/oz of Silver, Full Production of 4.1 Million Ounces Silver/Year;

+ Current Silver Spot Price(US $32/oz) Returns Project Net Present Value of US $303 Million(8% Discount) &Internal Rate of Return of 46.3%;

+ Initial Capital:

- Base Case - U.S. $111.1 Million
- Alternate Case - U.S. $129.1 Million


+ All ore is sourced from Silver Bear's Vertikalny deposit which is part of Silver Bear's Mangazeisky exploration lease in Yakutia, Russia.

+ Silver Bear expects Construction of the facility to take approximately 18 to 24 months after the Company completes a Feasibility Study &Permitting.

+ Investor Conference Call Planned for September 30, ´11 ...
http://finance.yahoo.com/news/Silver-Bear-Completes-ccn-1156…

[Popeye82]

Woulfe Mining - Publishes Sangdong Mine Interim NI 43-101 Resource Report: 5.968Mt @0.42% WO3 &0.04% MoS2 I +18.572Mt @0.45% WO3 &0.05% MoS2 I; Resource represents ~one-quarter of dip length of known mineralisation from the old mine, Woulfe will continue to drill &explore the remainder of the dip length &refine the Resource - Sep 23, 2011
http://finance.yahoo.com/news/Woulfe-Mining-Publishes-iw-327…

[Popeye82]

Mining Summary - LC - Sep 29, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Gran Colombia Gold - Announces 51% Increase in Measured +Indicated Resources, @Marmato: 10.0 million ounces of gold M/I +2.4 million ounces of gold I, In addition, there are an estimated 64 million ounces of silver M/I +a further 11 million ounces of silver I - Sep 4, 2011
http://finance.yahoo.com/news/Gran-Colombia-Announces-51-cnw…

[Popeye82]

Linc Energy - Oil Shale Discovery Viewed as a Significant Strategic Project for South Australia; CEO: "Linc Energy is pleased to have the support of the South Australian Government in its bid to explore &develop the Arckaringa Basin, &in particular our discovery which may contain an oil shale deposit of >200 billion tonnes " - Sep 29, 2011
www.lincenergy.com/data/asxpdf/ASX-LNC-352.pdf

[Popeye82]

Mining Summary - LC - Sep 30, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Atlantic - Vietnam Bauxite Project - Atlantic Signs Development Study - Sep 29, 2011

HL:

+ Atlantic signs agreement with Vietnam‟s Institute of Mining Science & Metallurgy to undertake a development study of the bauxite industry in the Central Highlands

+ Atlantic proposes long-term integrated „mine-rail-port‟ bauxite supply chain solution for the industry

+ Agreement puts Atlantic one step closer to application to develop the „mine-rail-port project‟ ...
http://stocknessmonster.com/news-item?S=ATI&E=ASX&N=558998

[Popeye82]

OriginOil - Breakthrough Increases Algal Extraction Efficiency Without Using Hazardous Solvents ; Researchers Used Natural Material to Break Down Cell Walls &Improve Extraction by up to 15%; new process can also change the nature of some organic compounds &has implications for the biorefining &chemical industries, Unlike conventional extraction using toxic solvents such as hexane, this natural method allows algae process water to be recycled without cleanup; filed for U.S. patent protection of the new technology, its 21st patent application; SVP: "Typically, our industry uses highly-regulated solvents to get the most out of algae extraction. Our researchers have identified a naturally occurring algal metabolite — a food for algae cells — that can improve extraction efficiency without such chemicals. We will immediately incorporate this breakthrough into our Single Step Extraction system" - Sep 30, 2011
http://finance.yahoo.com/news/OriginOil-Breakthrough-bw-3209…

[Popeye82]

Legacy Iron Ore - NMDC investment to provide benefits to shareholders - Sep 30, 2011
http://stocknessmonster.com/news-item?S=LCY&E=ASX&N=559353

[Popeye82]

Guildford Coal - Mongolian Exploration Update; Increases Exploration Target to 30million -1.38billion tonnes - Sep 30, 2011

HL:

+ Following further drilling, independent consulting geologists have increased the South Gobi Coal Project Exploration Target# to 0 to 700Mt

+ The South Gobi Project is progressing to a maiden JORC resource in October ´11 &a Mining Licence application is being prepared for the project

+ The South Gobi Project preliminary quality demonstrates potential for high quality low sulphur coking coal

+ Following further drilling, independent consulting geologists have increased the Middle Gobi Exploration Target# to 30Mt to 680Mt

+ The Middle Gobi Coal Project is also progressing to a maiden JORC resource in October ´11

+ Total Exploration Target# range estimated by independent consulting geologists for Guildford’s Mongolian Projects is 30Mt to 1.38Bt(up from 29Mt to 0.731Bt)

+ In parallel to this excellent exploration progress in Mongolia, Guildford is on track to deliver a maiden JORC resource @the Hughenden Project in Queensland’s Galilee Basin in the coming weeks ...
http://stocknessmonster.com/news-item?S=GUF&E=ASX&N=650904

[Popeye82]

Patersons Fertiliser Book - P - Sep11

- Company Reviews:

AGR.AX, CNL.AX, ELM.AX, LGDI.OB, MNB.AX, MAK.AX, TRH.AX +UCL.AX -
www.transitholdings.com.au/reports/PatersonsFertilisersBookS…

[Popeye82]

GLG Life Tech - Unveils 36 Beverage &Food Products &Cost Effective One Brand Marketing &Sales Strategy, @Beijing National Conference - Aug 31, 2011
http://finance.yahoo.com/news/GLG-Life-Tech-Corporation-pz-3…

[Popeye82]

Argex Mining - estimates conceptual exploration potential, @Mouchalagane -overall conceptual tonnage estimated for Mouchalagane ranges between 940 million &2.31 billion tonnes of magnetite &hematite-rich mineralization @a grade of 30% to 35% Fe total - Sep 26, 2011
http://finance.yahoo.com/news/Argex-estimates-conceptual-cnw…


Argex signs definitive share purchase agreement to acquire majority interest in Canadian Titanium Limited; CTL to grant license to Argex for the recovery of titanium dioxide(TiO2); CTL will grant Argex an exclusive license in the Province of Québec &a non-exclusive license for the rest of the world to use the licensed technology for the recovery of titanium dioxide(TiO2). CTL will provide Argex with all of the know-how &information which is applicable to the licensed technology &products. Argex will pay CTL a 2% royalty on its production of titanium dioxide; P/CEO: "After extensive bench &miniplant testing, we are satisfied that the process has demonstrated the required level of performance to allow us to acquire a majority interest in CTL immediately. ... We are very pleased with this acquisition intended to allow Argex to advance towards production with CTL's proprietary technology. The CTL technology will allow Argex to go from mine to high-purity pigment-grade TiO2 in one process. I believe this to be a game-changer in the industry . ... Going forward with CTL &its team, we will continue to re-shape the industry through technological improvements &innovation creating additional revenue streams from the technology" - Sep 28, 2011
http://finance.yahoo.com/news/Argex-signs-definitive-share-c…

[Popeye82]

MBAC Fertilizer - exercises option to buy rare earth oxide/niobium/phosphate project, in south east Brazil; P/CEO: "The Araxá Project is unique in the fact that it holds what we believe to be very high grade rare earth elements, niobium &phosphate deposits within the same site. These deposits are aligned such that value can be extracted by targeting the rare earths &niobium deposit initially which should allow for easy mining of the phosphate deposit subsequently. We continue to see great interest from potential partners on the rare earth elements &niobium deposits"; reported "historical resource", based on partial exploration of the property_ -1.3 million tonnes @an average grade of 9.62% REO +Nb2O5 +P2O5 - Sep 15, 2011
http://finance.yahoo.com/news/MBAC-exercises-option-to-buy-p…
http://files.newswire.ca/991/AraxaDrillingtable.pdf

[Popeye82]

India is now the elephant in the room ; Economic Times quotes Montek Singh Ahluwalia, deputy chairman of the Planning Commission as saying India’s economy is expected to grow 7.5% –8% over the next five years even if “we just carry on doing a little bit of progress @the pace we have managed @the last few years ” The official Indian government target is 9% - M.com - Sep 18, 2011

- F. Els -
www.mining.com/2011/09/18/india-is-now-the-elephant-in-the-r…

[Popeye82]

Brazil must choose between potash &oil; Vale announced this week it is investing $15 billion to expand fertilizer production joining a Canadian merchant bank promoting a $4 billion potash project in the Amazon basin. There’s just one problem: the land is owned by Brazil’s state oil company Petrobras &they’ve also found oil there - M.com - Sep 28, 2011

- F. Els -
www.mining.com/2011/09/28/brazil-must-choose-between-potash-…

[Popeye82]

BHP Biliton: China, India to Spur Global Demand for Steel-Grade Coal Close to 70%; Fast-developing &emerging market leaders China &India will push the global demand for raw steelmaking ingredients by as much as 68 percent between ´10 &´25, according to mining giant BHP Billiton Ltd. on Friday; predicts an average 9 percent growth in its production of iron ore, coking coal &manganese through the ´20 financial year; BHP has now overtaken competition Rio Tinto with its ambitious plans; China &India will drive the expansion in coking coal demand, as these populous nations continue to develop &urbanize, BHP said. Between ´10 &´50 the proportion of the urban population in China is seen to jump from 47 percent to 73 percent , while in India, it would be a jump from 30 percent to 54 percent ; Moreover, BHP projects a 155 percent upsurge in the number of cars produced annually over the next 15 years . Metropolitan residential floor space is also seen to double over the same period - IBT - Oct 1, 2011

- Esther Thomas -
http://au.ibtimes.com/articles/222819/20111001/bhp-biliton-c…

[Popeye82]

238 Million Smart Meters to Be Deployed in Europe by ´20; While much of the smart grid development in Europe mirrors programs underway in North America &other parts of the globe, there are important differences in priorities &emphasis. In particular, aggressive goals for energy efficiency &carbon emissions reductions are major drivers for smart grid &smart meter deployments in Europe. Over the next five to 10 years, these deployments will be closely linked with the achievement of ´20 carbon reduction goals in the European Union. According to a recent report from Pike Research, cumulative investment in smart grid technologies within the region will total $80.3 billion by ´20. In addition, the cleantech market intelligence firm anticipates that by ´20, 238.4 million smart meters will have been deployed across Europe. “Smart grid development is really part of a unique transformation taking place across European energy networks, industry, &society over the next 40 years,” says senior analyst Eric Woods. “The smart grid is @the heart of energy &environmental policies that cover 27 countries &500 million people.” - PR - Sep11
www.pikeresearch.com/research/smart-grids-in-europe

[Popeye82]

GeoMegA Resources - Montviel's Core Zone Initial NI 43-101 Mineral Resource Comes Up Big: 183.9 Million Tonnes Indicated Averaging 1.45% TREO +66.7 Million Tonnes Inferred Averaging 1.46% TREO; CEO: "A round of applause for GeoMegA's technical team who within its 1st year since the IPO, masterfully identified one the of largest Indicated mineral resource of TREO outside China @our 100% owned Montviel property. A spectacular achievement performed by a high calibre team. This world class Neodymium resource is in Quebec(Plan Nord eligible), near surface(open pit potential), road accessible &close to electricity &available labour(60 min drive from Lebel-sur-Quevillon). The mineral study revealed known Rare Earth Elements(REE) carrying minerals(see press release dated August 24, ´11 &September 7, ´11) which are amenable to concentration &separation by recognized metallurgical processes. Montviel has the potential to play a significant near term role in the clean energy of the 21st century. Metallurgical tests are expected to be completed in Q1 ´12 during which a Preliminary Economic Assessment will be initiated. Our goal is to define Montviel as economic based on its Neodymium content alone" - Sep 29, 2011
http://finance.yahoo.com/news/Montviels-Core-Zone-Initial-cc…

[Popeye82]

Mozambican government suspends granting of coal mining licenses in Tete province - CoM/MH - Sep 29, 2011
www.clubofmozambique.com/solutions1/sectionnews.php?secao=mi…

"The Mozambican government has decided to suspending the issue of new licenses for coal mining in Tete province, the inspector of the Mining Resources Ministry, Afonso Abica said Tuesday in Maputo.


According to the inspector, cited by newspaper Notícias, the suspension, which includes prospecting and surveying licenses, mining certificates and mining concessions aims to assess to what extent companies that already hold licenses are complying with the contracts signed with the government.

Over the last two years the government has granted over 112 licenses to 45 national and foreign companies linked to coal mining in Tete province, which is thought to have the largest coal reserves in the world.

On the sidelines of a seminar on reviewing the Mining Law, Mabica said that the decision to suspend the issuing of new mining licenses was only related to coal mining in Tete province and that other mining activities would not be affected.

The inspector also said that companies who were not complying with what had been stipulated in their contracts would be penalised and, in extreme cases, could have their licenses revoked.

“By revoking the mining licenses we want areas that are currently occupied without being explored can be handed over to other people who are interested and available to work on them” said Mabica.

(source: macauhub)"

[Popeye82]

Resource nationalism again named as miners' biggest headache - MW, TORONTO - Sep 13, 2011

- M.Hill -
www.miningweekly.com/article/resource-nationism-again-named-…

"The increasing spectre of resource nationalism has again been flagged as the number-one risk facing mining companies, this time by Ernst & Young.


In its yearly report, 'Business risks facing mining and metals 2011-2012', the company said governments trying to secure a bigger piece of the pie had toppled capital allocation as the biggest threat to resource firms, with the skills shortage keeping its number-two position.

The tax consultancy said that, over the past year and a half, around 25 countries had hiked or announced plans to increase their tax and royalty regimes for the mining sector, citing the examples of South Africa, Ghana and Australia.

Companies have also bumped heads with the Zimbabwean government over the past few weeks as it seeks to force them to sell a 51% in their operations to locals, while Guinea shocked investors on September 9 in unveiling a plan to give the government a 35% ownership of mining operations in the West African country.

“What originally began as a way for mineral-rich countries to repair and replace lost revenue from the downturn has become a way for governments to manage the effects of a two-speed economy,” Ernst & Young Canada national mining and metals practice leader Tom Whelan said in a release accompanying the report.

The report was first published in August, but Whelan commented on it on Tuesday.

Resource nationalism was the fourth-biggest risk in the tax consultancy’s report last year.

Melbourne-based law firm Gilbert Tobin said earlier this month that other countries looking at options of nationalisition included China, India, Australia, Canada, the US, Brazil, Peru and Chile.

While the threat of nationalisation has been seen as the biggest risk to miners for at least a year, Ernst & Young’s latest report highlighted some new threats that had appeared.

These included capital project execution, interruptions to supply, and fraud and corruption.

“As the global economy has continued to recover, a large number of new mining projects, expansions and restarts have been virtually simultaneously announced,” the company explained in the report.

Capital escalation and shortages of input materials were causing problems for miners developing new projects, with capital costs increasing by over $2-billion in some cases.

Interruption to supply joins Ernst & Young’s list mainly as a result of the spate of natural and environmental disasters that have taken place over the past year.

Fraud emerged as the number-ten risk after companies started venturing into riskier destinations in 2010 and into 2011, and governments introduced new fraud and corruption regulations.

The places Ernst & Young sees as “riskier” includes West Africa, South America, and Asia — specifically Papua New Guinea and Mongolia.


Ernst & Young's 2011 top strategic business risks in the mining and metals sector:

1. Resource nationalism
2. Skills shortage
3. Infrastructure access
4. Social licence to operate
5. Capital project execution
6. Price and currency volatility
7. Capital allocation
8. Cost management
9. Interruptions to supply
10. Fraud and corruption "

[Popeye82]

North Atlantic sells potash claims to Chinese firm, for $110m - MW, TORONTO - Sep 30, 2011

- M. Hill -
www.miningweekly.com/article/north-atlantic-sells-potash-cla…

[Popeye82]

Josephine Mining - drills up to 32m @4.67 g/t gold, 30.96g/t silver, 1.5% copper, &8.2% zinc - Sep 29, 2011
http://finance.yahoo.com/news/Josephine-Mining-Corp-iw-30952…
http://media3.marketwire.com/docs/JMC_Figure%201%20Map.pdf

[Popeye82]

Trade Winds Ventures - Detour Gold to Consolidate Detour Lake Camp, With Acquisition of Trade Winds; G.Panneton: "With Detour Gold having recently secured the remaining capital required for the development of the Detour Lake mine, we believe that this is the right time for us to consolidate our holdings in the Detour Lake camp. By acquiring Trade Winds, we are able to more effectively continue our exploration activities on the west side of the Detour Lake Project" - Sep 26, 2011
http://finance.yahoo.com/news/Detour-Gold-to-Consolidate-ccn…

[Popeye82]

Turkish Mining Industry Report; Turkish mining sector achieved a remarkable CAGR of 32.1 percent between ´02 +´08 , with revenues that rose from USD 1.9 billion in ´02 to USD 10.2 billion in ´08 . There was a modest decline to USD 9.2 billion in ´09. The sector’s share in Turkey’s GDP ranged between 1 +1.5 percent, reaching a 4.2 –4.9 percent share in the total industry during the past five years. These figures are low compared with the sector’s importance; however, with the recovering economy +the increasing capacity of the manufacturing industry, together with the implementation of advanced mining technologies, the sector is likely to grow further - Deloitte/ISaPAoT - Jul10
www.turkpowercorp.com/wp-content/uploads/MINING.INDUSTRY-REP…

[Popeye82]

Kinross takes stake in junior White Bear - MW, TORONTO - Sep 30, 2011

- M. Hill -
www.miningweekly.com/article/kinross-takes-stake-in-junior-w…

[Popeye82]

Copper miners still enjoying 54% margin , says Scotiabank's Mohr; While prices have fallen, producers are still making money; P. Mohr: "Current copper prices @$3.16 remain quite profitable for mining companies, yielding a 54% profit margin over average world breakeven costs including royalties, depreciation &interest expense , despite the correction " - MW, TORONTO - Sep 30, 2011

- M. Hill -
www.miningweekly.com/article/copper-miners-still-enjoying-54…

[Popeye82]

Gender Equality: The Right &Smart Thing to Do; Nearly 4 million poor women go “missing” each year in developing countries, says new report - WB - Sep11
http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTRESEARCH…

[Popeye82]

World Development Report ´11 - WB - Sep11

- Abstract

With >1.5 billion people living in countries affected by conflict, the World Development Report ´11(WDR) looks into the changing nature of violence in the 21st century. Interstate &civil wars characterized violent conflict in the last century; more pronounced today is violence linked to local disputes, political repression, &organized crime. The Report underlines the negative impact of persistent conflict on a country's or a region' s development prospects, ¬es that no low-income, conflict-affected state has yet achieved a single Millennium Development Goal.

The WDR ´11 draws on the experiences of countries that have successfully managed to transition away from repetitive violence, pointing to a specific need to prioritize actions that build confidence between states &citizens, &develop institutions that can provide security, justice, &jobs.

It draws together lessons from national reformers escaping from repetitive cycles of violence, &advocates a greater focus on continuous preventive action, balancing a sometimes excessive concentration on postconflict reconstruction. Based on new research, case studies, &extensive consultations with leaders &other actors throughout the world, the Report proposes a toolkit of options for addressing violence that can be adapted to local contexts, as well as new directions for international policy intended to improve support for national reformers &to tackle stresses that emanate from global or regional trends beyond any one country's control. ...-
http://wdronline.worldbank.org/includes/imp_images/book_pdf/…

[Popeye82]

Proterra Announces $50 Million in Investment in June, said that it will use these funds to support the commercialization of its battery electric transit buses &automated bus charging system; roducts include the battery electric EcoRide BE-35(video below), which is being used @Foothill Transit in Pomona, California &will be used by VIA Transit in San Antonio &Tallahassee StarMetro later this year. According to Proterra, the BE-35 is averaging almost 24 miles per gallon(diesel equivalent), which represent a >600% improvement over a typical diesel bus, which averages <4 miles per gallon . Proterra also produces a FastFill charging station that can charge the bus in 5 - 10 minutes through a rooftop connection; CEO: "Our goal @Proterra is to fundamentally transform urban transit . The tremendous resources of Kleiner Perkins, leveraged with GM’s automotive expertise &the financial &technical strength of Mitsui, Vision Ridge &88 Green Ventures gives us an enviable platform to compete &win in the electric transit bus market.", A. Gore, former U.S. Vice President &Partner with Kleiner Perkins Caufield &Byers: "Electrification of public transportation has tremendous benefits to governments, municipalities &citi¬zens by reducing the operating cost of transit, while also eliminating local air pollution &reducing C02/passenger mile in the industry" - GVC - Jun 24, 2011
www.greenvc.org/2011/06/proterra-raises-30-million.html

[Popeye82]

"Cascada" fiel bei Casting DURCH ; Heute sitzt sie in "DSDS"-JURY - doch ´04 wurde sie SELBST aussortiert - JWO/CFL - Oct 2, 2011
http://web.de/magazine/unterhaltung/musik/13823876-neue-dsds…

[Popeye82]

Champion Minerals - Increases NI 43-101 Resources @the Fire Lake North Project to >One Billion Tonnes; CEO: "The updated resources @Fire Lake North have resulted in a substantial improvement over the initial estimate &far exceeded our expectations. This latest milestone confirms our team's capability &demonstrates that Champion's iron resources are among the best in the Labrador Trough. These results will have a major impact on the updated Preliminary Economic Assessment on the Fire Lake North project which is expected to be released next month. We believe Fire Lake North will contain sufficient resources to increase the planned sinter feed concentrate production from the 7MT/year provided in the initial PEA &this should significantly improve the project's economics. Champion's total NI 43-101 compliant resources for the Fermont Holdings are now >2.2 billion tonnes plus an additional 620 million tonnes of historical resources2"; Champion's next major milestone is the completion of the updated PEA study, which is expected by late November ´11. Block models &pit-optimized shells have been forwarded from P&E to BBA Inc.(Montreal, QC) for design of the engineered pits, mine production scheduling, &completion of the PEA study. The design &schedule will optimize mining of the near surface, higher grade iron resource followed by incremental push-backs to minimize stripping &maximize grades during the 1st decade of production; ´10 PEA recommended two engineered open pits with a combined In-Pit Inferred Mineral Resource3 of 251 MT grading 30.5% FeT. These engineered open pits contained 82.5% of the In-Pit Optimized Mineral Resources estimated @304 MT grading 30.4% FeT. Champion expects that a similar percentage of In-Pit Optimized Resources will be contained within the forthcoming ´11 engineered pits, &that a 3rd pit will be designed over the Don Lake deposit - Oct 3, 2011

HL:

+ Measured &Indicated Resources Total 400.1 Million Tonnes grading 30.6% Total Iron

+ Inferred Resources Total 661.2 Million Tonnes grading 27.7% Total Iron ...
www.marketwire.com/press-release/champion-minerals-increases…

[Popeye82]

South Boulder Mines - Colluli Potash Resource Upgrade; 130% increase to M/I - Oct 4, 2011

HL:

+ South Boulder Mines Ltd(ASX; STB) is very pleased to report a 130% increase to the Measured &Indicated resource @the Colluli Potash Project. Within 100m of the surface, the total JORC Compliant Mineral Resource Estimate has increased to 564.40Mt @18.60% KCl for 104.96Mt of contained potash. This increase in resource confidence will underpin the definitive feasibility study &potential ore reserve calculations.

+ Importantly the upper portion of the deposit &shallowest resource unit contains high grade sylvinite(KCl) of 130.39Mt @27.02% KCl for 35.23Mt of contained potash(Measured, Indicated &Inferred resource @Area A &Inferred resource @Area B). Approximately 95% of global potash production is extracted from mining sylvinite. This resource is the basis of the current engineering scoping study into low cost production of 1-2Mt p.a. potash from open pit mining by ´16 or sooner.

+ Further near term resource expansion is expected upon compilation of outstanding drilling results completed from within the current resource areas(Figure 1). The resource is open in many directions &drilling will continue in adjacent areas to test for additional potash &resource interpretations. The current results continue to support the JORC Exploration Target of #1.25 –1.75 billion tonnes @18-20% KCl.

+ A number of structures have been interpreted to constrain the shallow resource &these have been derived from gravimetric, surface mapping &drilling results. Further drilling is required on either side of these structures to determine if mineralisation continues beyond the structures. High priority targets include zones to the immediate west of Area B &zones between Area A &B.

+ Exploration &development activity is currently focused on, metallurgical sampling &testwork, mining engineering design, hydrogeological &environmental assessment &project approvals to support the definitive feasibility study. Further exploration results &details on further feasibility study activity will be released as they come to hand. ...
http://stocknessmonster.com/news-item?S=STB&E=ASX&N=559919

[Popeye82]

Bernanke: Wealth gap an issue for country; Under questioning from Sen. Bernie Sanders, federal reserve Chairman Ben Bernanke says the wealth gap in the United States is an issue that should be addressed; "short term recovery of the economy is crucial tight to it" - FY/AP - Oct 4, 2011
http://finance.yahoo.com/video/economy-18773128/bernanke-wea…

[Popeye82]

Premium Exploration - Drilling Significantly Extends Strike Length of Gold Mineralization, @the Friday Zone to 1,500m; Remains Open in All Directions - Oct 4, 2011
www.marketwire.com/press-release/correction-from-source-prem…

[Popeye82]

XCeed Resources - Increased &Upgraded Resource for Moabsvelden Project; MD: "The upgrading of the Moabsvelden resource to the highest level of geological confidence is an important milestone in the eventual development of the Moabsvelden Colliery. We are delighted that the appealing characteristics of a low strip ratio &the existence of export quality, as well as domestic grade, coal have been confirmed by the recent drilling programme" - Oct 5, 2011

HL:

+ Moabsvelden resource upgraded from Indicated to Measured whilst tonnage increased by 20% &qualities improved.

+ The upgraded resource(gross tonnes in situ) is now 66 million tonnes, of which 96% is in the highest Measured category.

+ Extensive washability testwork confirms that the resource contains a significant fraction of export grade thermal coal as well as domestic grade coal.

+ Selective modeling on a ply by ply basis has enabled wash yields &coal qualities to be improved @the same time that coal tonnages have increased.

+ The low strip ratio for the resource is confirmed, @<2:1

+ The Company is on course to submit an application for a mining right later this month ...
www.xceedresources.com.au/irm/Company/ShowPage.aspx/PDFs/108…

[Popeye82]

ZYL - Significant Increase in Open Cut Resources - Sep 7, 2011

HL:

+ 373% increase in Open-Cut Resources to 60.79Mt Indicated Resources from 16.3Mt in open pittable resources in the South Open-Cut &North Open-Cut Areas(in accordance with JORC guidelines)

+ Analysis of Phase 1’s borehole spilt cores confirms marketable products can be produced from run of mine(ROM) production

+ Phase 2 borehole split cores analysis expected in late October

+ Interim results supports ZYL’s strategy to become large scale open-cut coal producer ....
http://stocknessmonster.com/news-item?S=ZYL&E=ASX&N=556180


High Grade Metallurgical Coal Acquisition - Sep 20, 2011

HL:

+ ZYL has executed agreements to acquire up to an initial 44% in a development-ready metallurgical coal asset, the Mbila Anthracite Project

+ JORC Compliant Resources of 89Mt of ultra-high quality anthracite coal with exceptionally low phosphate, 97% in Measured &Indicated categories

+ An Exploration Target of approximately 20Mt to 60Mt1 with an expected calorific value range of 30MJ/kg to 32MJ/kg(7,150kcal to 7,650kcal) has been independently identified

+ The Mbila Anthracite Project holds both a Mining &Prospecting Right

+ A Bankable Feasibility Study was completed in ´08 &was updated by SRK in ´09

+ Regulatory approvals for the construction of a mine in place

+ The project is located approximately 105km north west of Richards Bay in the Republic of South Africa &lies in close proximity to key infrastructure ...
http://stocknessmonster.com/news-item?S=ZYL&E=ASX&N=557781

[Popeye82]

Coventry Resources - Acquires Large, Highly Prospective Project Adjacent to the 6.7Moz Rainy River Gold Deposit - Oct 4, 2011

HL:

+ 93.6km2 landholding secured adjacent to the rapidly expanding 6.7Moz RainyRiver Gold Deposit – one of Canada’s most exciting recent gold discoveries.

+ Project incorporates the 2nd highest tenor gold anomaly delineated in the regional survey that led directly to the discovery of the RainyRiver Gold Deposit.

+ The very limited follow-up of this anomaly returned even higher tenor results, with the bedrock source of this anomalism yet to be identified.

+ Project includes numerous other high priority gold anomalies that have been subject to very little follow-up exploration.

+ A low cost entry into a highly prospective project that is complementary to the Company’s +1Moz Cameron Gold Project, which is located <100km to the northeast.

+ Provides the Company with an additional project pipeline as it continues to explore &advance the Cameron Gold Project to production. ...
http://stocknessmonster.com/news-item?S=CVY&E=ASX&N=559943

[Popeye82]

Börse Frankfurt evakuiert; Bombendrohung gegen Finanzzentrum legt den Handel lahm - W/Reuters - Oct 5, 2011
http://web.de/magazine/nachrichten/panorama/13845050.html#

[Popeye82]

Lithium One - Announces Positive Preliminary Economic Assessment for the Sal De Vida Lithium &Potash Project, Argentina; CEO/FD: "The Sal de Vida lithium &potash operation outlined for this PEA is one of the highest value &lowest net cost lithium development projects yet announced. The high NPV, high net cash flows &very low unit cost for lithium carbonate production result from a lithium &potash bearing brine with good supporting chemistry occurring near surface with excellent conditions for evaporation. The contribution from potash is very significant, as the annual revenue from potash alone is projected to more than cover total operating expenses. Our results to date &this engineering study make a compelling case for expediting the development of the Sal de Vida Project" - Oct 5, 2011

Preliminary Economic Assessment Highlights(All currency is US$, pre-tax)

+ Net Present Value("NPV") @8% Discount rate: $1.066 billion
+ Internal Rate of Return("IRR"): 28%
+ Total Estimated Capital Costs: $356 million
+ Estimated Operating Costs(per tonne of lithium carbonate) F.O.B. Antofagasta, Chile - Port: $1,537
+ Estimated Operating Costs(per tonne of KCl) F.O.B. Güemes, Argentina – Rail head: $184
+ Average Annual Cash Flow for Initial 20yrs Production: $139 million
+ Estimated Mine Life: 40+ years
+ Inferred Resource(Lithium carbonate equivalent "LCE"): 5,440,000 tonnes
+ Inferred Resource(Potash equivalent "KCl"): 21,300,000 tonnes
+ Annual Production Rate Lithium Carbonate: 25,000 tonnes
+ Annual Production Rate Potash: 107,000 tonnes
+ Projected commencement of revenue generation: ´15
+ Projected years to payback: <4 years
www.marketwire.com/press-release/lithium-one-announces-posit…

[Popeye82]

5 Coal Stocks to Watch - HGR - Oct 3, 2011

- Kirk -
www.highgradereview.com/5-coal-stocks-to-watch-1/

[Popeye82]

Centaurus Metals - 65% Jump in Jambreiro Iron Ore Resource to 116.5Mt; Maiden JORC Ore Reserve &Pre-Feasibility Study Results Due in November ´11 - Oct 6, 2011

HL:

+ New JORC Measured, Indicated &Inferred Resource estimate of 116.5Mt grading 26.8% Fe.

+ Measured &Indicated component of the Resource totals 72.1Mt grading 27.6% Fe, which represents 25 to 28Mt of high grade(+65% Fe) product at a mass recovery of 35% to 40%.

+ Test work indicates that both the friable &compact mineralisation can be beneficiated to a high quality hematite product ranging from 63% to 67% Fe with very low contaminants.

+ 58% of the Resource(67Mt) comprises friable mineralisation, highlighting the potential for a +8 year friable start up project development option.

+ Open pit optimisations &Ore Reserve estimates currently underway.

+ Pre-Feasibility Study on 2Mtpa project development progressing well &on track for completion in November ´11. ...
http://stocknessmonster.com/news-item?S=CTM&E=ASX&N=560219

[Popeye82]

Champion Minerals - Intersects 503 Metres Grading 31% Total Iron, @Its Fermont Holdings' Moire Lake Project; P/CEO: "The latest results from our ´11 drill program @Moire Lake further confirm the high grade &continuity of the iron formations present on the property which is strategically located in the Labrador Trough. The combined thickness &assay results from Moire Lake are significant &we expect the new resource estimate will identify a sizeable increase in the historical resource " - Oct 6, 2011
www.marketwire.com/press-release/champion-minerals-intersect…

[Popeye82]

Australian Bauxite - concludes MOU with Marubeni Corporation ; One of the largest General Trading Companies in Japan by turnover - Oct 6, 2011
http://stocknessmonster.com/news-item?S=ABZ&E=ASX&N=651698

[Popeye82]

Equatorial Resources - Railway Funding Agreement Signed on Completion of Rail Study - Oct 6, 2011

HL:

+ Equatorial Resources Limited has signed an agreement(Protocole d’Accord) with the Republic of Congo state owned railway company Chemin de Fer Congo Ocean(“CFCO”) to advance the development of its 100% owned Mayoko-Moussondji Iron Project(“Mayoko-Moussondji”).

+ The negotiation &signing of the agreement followed the presentation of positive findings from the engineering study recently completed by Equatorial over the railway line &is the 2nd in a series of three anticipated agreements between the parties.

+ The signed agreement details the terms on which Equatorial will invest to refurbish the railway line &outlines the responsibilities of the parties in relation to commercial transport.

+ Equatorial &the CFCO have committed to cooperate to complete a Definitive Feasibility Study(“DFS”) on the railway which is planned to commence before the end of ´11. Completion of the railway DFS will identify the work &related investment required to upgrade &maintain the railway &will lead to the negotiation &completion of a detailed tariff agreement.

+ A key term of the signed agreement is the commitment by CFCO to treat all approved capital investment made by Equatorial to refurbish &upgrade the railway as a prepayment against future rail charges levied by the CFCO. It is envisaged that the CFCO will charge Equatorial on a “cost per tonne” basis for commercial transport. Under the prepayment structure, Equatorial will be able to offset &future rail charges incurred for the use of the railway against the capital costs Equatorial has invested in the railway.

+ Following the completion of the railway DFS, Equatorial &the CFCO have committed to enter into a 25 year User Agreement which will define all the commercial terms &operating parameters of Equatorial’s use of the railway including the “cost per tonne” tariff for commercial transport.

+ The completed railway engineering study, which has been independently audited by R&H Railway Consultants(Pty) Ltd(“R&H”), supports previous assessments that the railway is capable of transporting 10mtpa based on
the completion of an accelerated maintenance &refurbishment program, the upgrading of communications infrastructure, &the reopening of existing passing loops &stations. For the purposes of their review of the engineering study R&H were requested by Equatorial to assess the transport of 5mtpa. ...
http://stocknessmonster.com/news-item?S=EQX&E=ASX&N=560214

[Popeye82]

Talon Metals - announces positive results of trench sampling, @its Inajá South Iron Project in Brazil - Oct 6, 2011
http://finance.yahoo.com/news/Talon-Metals-announces-cnw-197…
http://files.newswire.ca/882/Figure1-TalonMetals.doc

[Popeye82]

Niblack Mineral Development - Heatherdale +Niblack Agree to Terms for Friendly Acquisition - Oct 5, 2011
www.marketwire.com/press-release/heatherdale-and-niblack-agr…

[Popeye82]

Inter-Citic Minerals - Rejects Unsolicited Proposal From Chinese Mining Company; C: "The Dachang gold project is a great exploration success story that, in spite of currently challenging global markets +very recent +unusual trading volumes, will continue to be recognized as a gold asset of very significant value in a market where the demand for gold +quality gold projects has been increasing substantially. With $22 million in the bank, the Company is well funded to further advance +expand one of China's largest undeveloped gold resources" - Oct 6, 2011
www.marketwire.com/press-release/inter-citic-rejects-unsolic…

[Popeye82]

Plentex - Acquisition of OpenAlgae, A leading US based Algae Technology Company - Oct 4, 2011
http://stocknessmonster.com/news-item?S=PRM&E=ASX&N=362173

[Popeye82]

Celamin Holdings NL - Bir El Afou PFS Completed - Oct 6, 2011
http://stocknessmonster.com/news-item?S=CNL&E=ASX&N=362316

[Popeye82]

Otis Energy - Update on Avalanche Project; project has 126million barrels of oil &llion cubic feet of gas reserve potential - Oct 5, 2011
http://stocknessmonster.com/news-item?S=OTE&E=ASX&N=362262

[Popeye82]

Potash West NL - Encouraging Potassium Extraction Results; MD: "“the testwork to optimise the potash extraction from the Dandaragan greensands has progressed rapidly. We are encouraged that the glauconite breaks downs rapidly without intensive energy input. The extensive greensand deposits have the "potential" to develop a new industry that would reduce Australia’s reliance on potash imports , which will lower the costs of an essential ingredient of modern farming " - Oct 6, 2011

HL:

+ Potassium extraction of >95% achieved by leaching of glauconite concentrate

+ Almost all of the potassium can be extracted rapidly

+ Magnetic separation allows low cost upgrading with recoveries of up to >90%. ...
http://stocknessmonster.com/news-item?S=PWN&E=ASX&N=560209

[Popeye82]

Pluton Resources - Conditional iron ore off-take agreement executed - Oct 6, 2011
http://stocknessmonster.com/news-item?S=PLV&E=ASX&N=362334

[Popeye82]

Unconventional boom tipped, equipment shortages forecast; UK-based energy think tank Douglas-Westwood has tipped unconventional production outside of the US will boom over the next ten years but has warned of equipment shortages across Asia &Europe - ENP/DW - Oct 6, 2011
www.centralpetroleum.com.au/files/downloads/energynewspremiu…

[Popeye82]

Josephine Mining - Drilling Update @Turner Gold Project: Hole TJM-82 Intercepts 9.06 g/t Equiv Au Over 53.9 Feet &Successfully Completes Planned Summer Drilling Program With 12,279 Feet; expects to complete new resource update by year-end after all assay data have been received - Oct 6, 2011
http://finance.yahoo.com/news/Josephine-Mining-Corp-iw-20091…
http://media3.marketwire.com/docs/JMC1006.pdf

[Popeye82]

Ezenet - Chuminga Exploration Target of 50 to 60 million tonnes @1.0 -1.1% Cu, 0.40 -0.50g/t Au &0.5 -1.0% Zn - Oct 6, 2011
http://stocknessmonster.com/news-item?S=EZE&E=ASX&N=560086

[Popeye82]

Can Animals Really Be Gay? ; A new study about the mating habits of deep-sea squid raises some interesting questions - PopSci - Oct 5, 2011

- Jennifer Abbasi -
www.popsci.com/node/57488/?cmpid=enews100611

[Popeye82]

Metallurgical coal operators +developers focused on growth; According to CIBC World Markets Inc., it will be worth an estimated $25 to $30 trillion of new infrastructure investment in the next 20 years; Brazilian crude steel production is anticipated to quadruple over the next 20 years... - CIM - Sep/Oct Issue

- By Alexandra Lopez-Pacheco -
www.fortuneminerals.com/Theme/Fortune/files/S-O Magazine pp …

[Popeye82]

GuestLogix - Onboard Retail Solution 'Goes Live' With Garuda Indonesia, the leading Indonesian airline , that carries nearly 11 million passengers/anno, to Power New Onboard Duty Free Program; Expands Footprint Into Asia-Pacific Region Through Deployment of Onboard Retail Technology Platform With Indonesian Flag Carrier Garuda - Oct 6, 2011
www.marketwire.com/press-release/guestlogix-onboard-retail-s…

[Popeye82]

Cyclone Power Technologies - Receives Patents in 10 European Countries For its All-Fuel, Clean-Tech Engine; currently working with European manufacturing &renewable energy leaders , such as Combilift(industrial lift equipment) &Renovalia Energy(solar thermal power); as well as global defense integrator Raytheon. With these additional patents, Cyclone’s technology is protected in 20 industrialized countries including the United States, where the company has received 10 patents on the Cyclone Engine, its major sub-components, &the closely-related Waste Heat Engine; Cyclone Engine is a compact, high-efficiency, reciprocating Rankine cycle engine. Over the past two years, Cyclone Engines have been tested to run @efficiencies >30%, exceeding most current gas-powered engines on the market. Higher efficiencies mean better gas mileage &reduced emissions within automotive applications. Because the Cyclone Engine runs on virtually any heat source, there are numerous other commercial applications for this technology including solar thermal power, combined heat &power(CHP), waste heat recovery &waste-to-energy - Oct 4, 2011
http://finance.yahoo.com/news/Cyclone-Power-Technologies-bw-…

[Popeye82]

Lydian International - Reports Further Drill Results from Amulsar, Including 101 Meters @2.2 g/t, &139 Meters @1.0 g/t Gold(Open @Depth); Step-Out Drilling Outlines Further Potential for Resource Extensions 500m to the Northeast @Tigranes &Extension &Infill Drilling Further Constrains the Resource @Arshak - Oct 4, 2011
www.marketwire.com/press-release/lydian-reports-further-dril…

[Popeye82]

Montero Mining &Exploration - Increases Its Interest to 70% in Wigu Hill REE Project in Tanzania - Oct 4, 2011
www.marketwire.com/press-release/montero-increases-its-inter…

[Popeye82]

Euroland ist ABGEBRANNT ; Ein Banker PACKT AUS : So sollen Sie im Herbst ´11 bestohlen werden! ; Euro gescheitert –WELT AM ABGRUND

… doch noch können Sie sich schützen UND SOGAR PROFITIEREN !
www.investors-daily.de/gaw/dos/?code=enl5435&ref=gaw&wt_mc=s…

[Popeye82]

Applied Nanotech Holdings - Achieves >40 &30 Percent Improvements in Flexural &Tensile Strength for Carbon Nanotube Enhanced Vinyl Ester Resins; Improves FRP Flexural Strength by 31 Percent &Flexural Modulus by 20 Percent; CEO: "There exists a very positive &defined market opportunity for this technology. By extending the improvements of mechanical properties in our vinyl ester base resin to FRP composites, our carbon nanotube reinforced vinyl ester resins will further reduce the weight of composite materials in these applications while maintaining adequate strength ... Building on our recent successes in sporting goods &defense applications, we will pursue customers &strategic partners in other markets served by this "potentially breakthrough technology" , leveraging our position of strength to gain traction in new &different sectors" - Aug 10, 2011
http://finance.yahoo.com/news/Applied-Nanotech-Achieves-pz-1…

[Popeye82]

Russia +the United States cooperating on nuclear agreement; The 55th Annual Regular Session of the International Atomic Energy Association(IAEA) General Conference concluded last Friday in Vienna, Austria, where the United States +Russia made a "commitment to supporting the safe +secure expansion of civil nuclear energy." The announcement further builds on positive cooperative policy developments from July of ´09 - U3O8.biz - Oct 3, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=483118&_Type=Ma…

[Popeye82]

Kootenay Gold - Promontorio Drilling Intercepts 47 Meters of 214.2 gpt Silver Equivalent(84.47 gpt Ag, 3.04% Pb +Zn) &54 meters of 197 gpt Silver Equivalent(91.98 gpt Ag, 2.47% Pb +Zn) in Northeast Zone, 700 Meters Outside of Current 43-101 Resource - Oct 3, 2011
http://finance.yahoo.com/news/Promontorio-Drilling-cnw-42422…
www.kootenaygold.ca/s/DrillResults.asp

[Popeye82]

Clinton Global Initiative Highlights Fuels from Algae - Oct 2, 2011
www.originoilceo.com/2011/10/02/clinton-global-initiative-hi…

[Popeye82]

Black Iron - Recieves Independent Validation of Successful Twin Hole Program, @Shymanivske - Oct 4, 2011

+ Independent review &analysis of Black Iron's twin hole program provides validation of previously completed work &confidence in the Shymanivske resource

+ Both Black Iron &independent group Watts, Griffis &McOuat Limited believe that lithologies &assay patterns in the twin drill holes align very well with historic work indicating historical work is reasonably reliable

+ Project development remains on schedule with anticipation of delivering the preliminary economic assessment in Q4 ´11 ...
www.marketwire.com/press-release/black-iron-recieves-indepen…

[Popeye82]

Lumina Copper - Intersects 586 Meters Grading 0.97% Copper Equivalent, Including 280 Meters Grading 1.23% Copper Equivalent in Step-Out Hole, @Taca Taca Copper-Gold-Molybdenum Project, Argentina - Oct 6, 2011
http://finance.yahoo.com/news/Lumina-Intersects-586-Meters-i…

[Popeye82]

Mining Summary - LC - Oct 6, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…


Mining Sector Quarterly Review - LC - Oct 7, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Valleyarm signs Global Content License Agreement with YouTube(ASX Code:TNC) - AI - 3-Oct-2011
www.australianinvestor.com.au/news.asp?id=41847
http://stocknessmonster.com/news-item?S=TNC&E=ASX&N=362096

"Valleyarm catalogue is to share in Google advertising revenue from YouTube which is the World’s most popular online video community with over three billion views per day

The Directors of Transol Corporation Limited ("Transol") are pleased to announce Valleyarm Digital Pty Ltd ("Valleyarm"), through its 100% owned subsidiary Music Services Asia Pte Ltd, has entered into a global Content License Agreement with Google Ireland Limited (“Google”) for YouTube.

The Agreement allows for Valleyarm’s catalogue to be ingested by Google allowing YouTube’s recognition system to identify video and audio from Valleyarm’s catalogue on Google and with this, pay Valleyarm for each play of video/audio represented. "

[Popeye82]

TVN - Exploration Target Upgrade &Transaction Complete - Oct 7, 2011

HL:

+ Revised exploration target for South Western portion of Nuurst licence only of 200 to 300 million tonnes -represents <15% of the Nuurst Coal Project Licence

+ Nuurst Coal Project transaction finalised after completion of licence transfer to TVN ...
http://stocknessmonster.com/news-item?S=TVN&E=ASX&N=560373

[Popeye82]

Europe reexamining nuclear power policy landscape; Increased political support against nuclear power has gathered some momentum in Switzerland, just as Germany may be discovering that increased financial +social costs for replacing nuclear power with a source of secure base load electricity plants might be less palatable - U3O8.biz - Oct 6, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=483933&_Type=Ma…

"Increased political support against nuclear power has gathered some momentum in Switzerland, just as Germany may be discovering that increased financial and social costs for replacing nuclear power with a source of secure base load electricity plants might be less palatable.

The Council of States, Switzerland's upper house has temporarily decided to ban new nuclear developments, in a recent vote pertaining to the potential phase out for the domestic nuclear industry.

Currently, Switzerland operates five nuclear power plants generating approximately 38 percent of its electricity from nuclear sources, a decline from about 43 percent in 2007. As with many European countries, a long history of political and social debate over nuclear power has persisted with the latest political results indicating unfavorably for the industry.

In May, following the Japanese earthquake, the Swiss cabinet launched political propositions to ban the construction of new nuclear power plants. Under this drafted policy, operational nuclear facilities that did not comply with safety regulations would be immediately shut down. The legislation followed a new approach to energy policy that was less dependant on nuclear, focusing on the employment of renewable energy and "energy efficiency measures."


Unsettled business

Investors will note that Senator Filippo Lombardi cautioned that successive political heirs might still approach energy solutions differently, even if the council decided to permanently ban nuclear power plants. There will be nothing to stop parliament "in twenty years" to reconsider any such policy decisions.


Germany to reconsider its costly decisions ?

According to some analysts Germany will become a net importer of about 4 terawatt hours of power by the end of the year following a reported export of 14 terawatt hours for the previous year as a result of nuclear policy change. Germany could employ euro reserves to obtain electricity from neighboring countries to reconcile energy deficits in transitioning the world's fourth largest economy to alternative non-nuclear energy solutions. The potential supply could come from neighboring states which include Austria, the Czech Republic and France; however, the Czech Republic generates 33 percent of its electricity from nuclear power plants and France generates almost 75 percent of its electricity from nuclear sources. The Dena Energy Agency, a research institute partly owned by the German government, has estimated that Germany will have to spend nearly $14.3 billion over the next decade to upgrade its electrical grid if the country is to stop using neighboring networks.


It's not easy being green

Major European electrical utility EOn (PINK:EONGY) has announced that up to 11,000 jobs may be lost as the German based electricity provider complies with the new nuclear policy. Johannes Teyssen, Chief Executive Officer of EOn Group noted in an interview last month with World Nuclear News "Obviously we're taking legal action against the nuclear fuel tax, which we believe is unlawful. And obviously we'll quantify the financial damage caused by the early shutdown of our nuclear power stations and present these figures to Germany's political leadership."

The three other utilities operating nuclear power plants in Germany have also recorded write downs for the most recent reporting period, with the net results combining to over $6 billion. The aggregate total includes losses for EOn, EnBW (ETR:EBK), RWE (PINK:RWEOY) and Vattenfall, with respective losses of approximately $2.4, $0.9, $1.3 and $1.6 billion.

In August, Johannes Teyssen, told analysts and investors, "on the political front, decisions to reverse the lifetime extension of nuclear energy within weeks [of the Japanese earthquake] in Germany only illustrates the broader trend towards increased government decision and intervention. It is in this environment that we have to face the workers, never the less we do not simply accept an even lower profitability in the short term and stagnation in the longer term. Quite the reverse, it is especially in those times where strategy and especially stringent execution makes a difference." "

[Popeye82]

Mongolian government reopens ownership issues; Potential changes to ownership agreements may cause delays to Mongolia’s two biggest development projects - MJ - Sep 23, 2011
www.mining-journal.com/finance/mongolian-government-reopens-…

[Popeye82]

´11 Evening with the Stars of Energy Efficiency : Awarding Our Energy Champions - AtsE - Oct 5, 2011
http://ase.org/efficiencynews/2011-evening-stars-energy-effi…

[Popeye82]

Alliance Summit Affirms Bipartisan Support for Energy Efficiency Innovation; The nation’s top energy experts, executives +policy makers gathered for the Alliance to Save Energy’s annual Summit on Capitol Hill Tuesday. The day-long summit’s theme, “Driving Energy Efficiency as the Next Big Thing ” was alluded to often as panels discussed regulation, investment &finance, as well as the need for political unity, in order to drive energy efficiency forward in the United States +around the world - AtSE - Oct 4, 2011
www.ase.org/efficiencynews/alliance-summit-affirms-bipartisa…

[Popeye82]

Colombia Clean Power &Fuels - Names Coal Industry Veteran Ronald G. Stovash as Chief Executive Officer, was a 40-year veteran of CONSOL Energy where he started as an hourly employee in the Pittsburgh Coal Company division &rose through the organization to hold various strategic &executive management positions. From ´03 to ´07, Mr. Stovash held various Senior Vice President positions for CONSOL - Sep 8, 2011
http://finance.yahoo.com/news/Colombia-Clean-Power-Fuels-prn…


Peter B. Lilly Joins Board of Directors of Colombia Clean Power &Fuels, Inc.; has >30 years of senior operations &executive experience with some of the largest coal companies in the United States , including CONSOL Energy, where he served as Chief Operating Officer &as President – Coal Group, &Peabody Holding Company; P/CEO: "I have known &worked with Pete Lilly for a number of years, &I believe he is one of the most knowledgeable &experienced coal industry executives in the world today. Pete Lilly's coal market insights &guidance will be invaluable to the Company as we continue to refine &implement our metallurgical coal strategy" - Sep 13, 2011
http://finance.yahoo.com/news/Peter-B-Lilly-Joins-Board-of-p…

[Popeye82]

Kivalliq Energy - ´11 RC Exploration Strategy Yields New Discoveries; CEO: "This year's RC drilling exploration strategy has been very productive; enabling us to rapidly test multiple drill targets @a greatly reduced cost in advance of diamond drilling. The confirmation of two 'Athabasca-style' targets, YAT &VGR, underscores the exploration potential of the broader Angilak Property. RC drilling has also demonstrated that multiple zones proximal to Lac Cinquante are highly prospective for growing the Company's mineral resource base in future seasons"; hopes to incorporate diamond drill intercepts from the Eastern Extension into an updated resource calculation for the Lac Cinquante deposit by end Q1 ´12 - Oct 3, 2011
www.marketwire.com/press-release/kivalliq-energy-corporation…
http://kivalliqenergy.com/projects/angilak/program_images/


Kivalliq Energy Corporation: Western Extension Drilling Intersects Deepest Mineralization to Date; P: "These holes have the deepest known radioactive intervals to-date on the Angilak Property. Since drilling began in ´09, we have consistently intersected uranium mineralization @relatively shallow depths over 2.3 kilometres of combined strike along the Lac Cinquante trend. These new deep intervals clearly demonstrate the potential to expand significant uranium mineralization to much greater depths" - Oct 5, 2011
www.marketwire.com/press-release/kivalliq-energy-corporation…
http://kivalliqenergy.com/projects/angilak/program_images/

[Popeye82]

AgriMarine Holdings - to Expand into New Salmon Sites in the People's Republic of China; has signed an agreement with The People's Government of Benxi County with the intent of developing two additional farm sites in Benxi County, Liaoning Province, PRC; P/CEO: "The government of Benxi County is pleased with AgriMarine's progress in establishing a sustainable aquaculture industry in its county &has been supportive of the Company's farming technologies based on floating solid-wall containment fish farm systems. Based on the proven sustainability advantages demonstrated @our existing farm, we will be working closely with the Benxi County in developing &expanding the proposed farms @Guanyinge" - Oct 5, 2011
www.marketwire.com/press-release/agrimarine-to-expand-into-n…

[Popeye82]

Advanced Explorations - Intersects 126 Metres of High Grade Iron, @Tuktu Project; J. Gingerich: "The consistent high quality results from Tuktu 1 continue to demonstrate its potential to become another large tonnage iron ore deposit on the Melville Peninsula, where the Company has secured all of the available banded iron formation within 50 km of the coast. Our 4,000 metre 20 drill-hole program has only tested one magnetic anomaly within the Tuktu claim block; there are many more untested magnetic anomalies, &mapping this summer has confirmed that they are in fact Banded Iron Formations. We are now working on a NI 43-101 resource statement for Tuktu 1 &expect to release the results within this quarter" - Oct 5, 2011
www.marketwire.com/press-release/advanced-explorations-inc-i…

[Popeye82]

Spanien +Italien abgestuft; Fitch sieht Bonität der beiden Länder eingeschränkt - DPA, FRANKFURT - Oct 7, 2011
http://web.de/magazine/finanzen/wirtschaft/13859646-fitch-se…

[Popeye82]

Huge business case for better manganese logistics – UMK; A huge business case is building up in favour of more rail capacity for the manganese miners in South Africa’s Kalahari manganese field, says United Manganese of Kalahari(UMK) CEO Johan Kriek. A veteran of the manganese-mining business who headed BHP Billiton’s Samancor prior to handing over the reins to current BHP Billiton CEO Marius Kloppers, Kriek points out that the 51%-black-owned UMK is currently suffering significant margin loss owing to the lack of capacity to transport the company’s growing output by rail - MW, JOHANNESBURG - Oct 7, 2011

- M. Creamer -
www.miningweekly.com/article/huge-business-case-for-better-m…

[Popeye82]

Carbon tax to cost Australian economy $1tr – committee - MW, PERTH - Oct 7, 2011

- E. Swanepoel -
www.miningweekly.com/article/carbon-tax-to-cost-australian-e…

"PERTH (miningweekly.com) − The proposed carbon tax would cost the Australian economy $1-trillion, inflicting “economic pain” without offering “environmental gain”, a Senate Select Committee stated on Friday.


Led by a number of Labour Party and Liberal Party representatives, as well as National Party and Independent representatives, the committee recommended that Parliament oppose the introduction of the carbon tax.

It stated that there was no electoral mandate for the tax, and that it was based on a number of “highly contestable assumptions”.

The Senate committee reported that Australians were promised, prior to the 2010 election, that a carbon tax would not be introduced. However, the Prime Minister announced the tax, following a deal with the Greens and the Independents, which allowed the government to remain in power.

“The Australian community, which did not vote for a carbon tax, has been given little time to consider and comment on the 19 Bills. A rushed process has been compounded by the lack of transparency of the modelling underpinning the reform process, where the data and models used have not been made public nor released for scrutiny,” the committee said.

Its report on the carbon tax also stated that the government’s tax would also place an impost on Australian businesses, without the same impost being placed on its foreign competitors.

“To reduce emissions in Australia in a way that just shifts them overseas into areas where there will be no carbon tax and where emissions will be higher for the same economic output is pointless. To help overseas emitters take market share from even the most environmentally efficient Australian business is not effective action on climate change; rather it is an irresponsible act of economic self-harm,” the report said.

Unlike previous tax reforms, the proposed carbon tax would not provide a broad economic bounty, which could be redistributed to offset disproportionate costs, the report stated.

The committee said that the carbon tax would cost every Australian A$40 000 on average. “The government has provided no evidence that its policy provides benefits commensurate with these costs. Indeed, without global action, a carbon tax in Australia cannot do anything to mitigate the effects of climate change. A carbon tax will be all economic pain for no environmental gain.”

Should Parliament proceed with the carbon tax, it should remove provisions in the legislation designed to bind future governments from amending or rescinding the scheme, the committee recommended.

It also said that the tax should only be introduced once the global economic outlook has improved, and there was a legally binding global agreement on tackling climate change.

The government would also have to release all its modelling, including the actual models, datasets and specifications used by the Treasury, to allow third party review, as well as requiring the government establish an independent expert panel to review its modelling approach and framework before a Senate vote is taken.

The committee further said that the productivity commission be asked to undertake a cost-benefit analysis of the proposed carbon tax, and that the legislation should be amended to ensure that any increase in the tax or lowering of the emissions cap be made a disallowable instrument and to ensure that carbon permits are not private property.

The Julia Gillard government wants to introduce a A$23/t tax on carbon emissions from July next year.

The move has been condemned by several parties including miners and the opposition, which claim that the tax would cost jobs and negatively affect Australia’s competitiveness. "

[Popeye82]

Resolute says discovery to boost Mali gold output -by about 100 000Oz/year - MW/Reuters, BAMAKO - Oct 7, 2011
www.miningweekly.com/article/resolute-says-discovery-to-boos…

[Popeye82]

Gillard pushes miners to use more local content in projects; Mining companies active in Australia would be pressured to use more local content if they wished to claim tariff concessions, Prime Minister Julia Gillard said this week. State +territory governments would also be required to prove local content on all projects, which received a federal grant of A$20-million or more, she said @the end of a one-day jobs summit - MW, PERTH - Oct 7, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/gillard-pushes-miners-to-use-mo…

"Mining companies active in Australia would be pressured to use more local content if they wished to claim tariff concessions, Prime Minister Julia Gillard said this week.

State and territory governments would also be required to prove local content on all projects, which received a federal grant of A$20-million or more, she said at the end of a one-day jobs summit.

“We already require these plans for our own major procurements, the Commonwealth’s major procurements, and we will now work with states and territories to ensure Australian suppliers have opportunities to compete for projects and work,” Gillard said.

Under the proposed changes, resource companies would also lose access to a 5% tariff reduction on imported materials for projects worth A$2-billion or more, unless they provide an equal opportunity for Australian manufacturers to supply the project.

Gillard said that the federal government would be requiring “more comprehensive evidence” of opportunities being provided to Australian industry, and resources companies would be required to list the opportunities for the Australian manufacturing sector on a public website.

“We will be requiring project proponents to more regularly report on how their industry participation plans are working and their outcomes, and we will be amending the guidelines to require approval of eligible goods as an additional step for large projects,” she added.

“If you want Australian taxpayer’s dollars, then you’re going to have to give Australian businesses a fair chance to compete for work,” Gillard said.

The federal government’s pressure for local content comes amid the steel industry and mining unions’ claims that they were being locked out of bidding for work on large resource projects, owing to cheaper supplies coming from the Asian markets, specifically from China."

[Popeye82]

Dow Chemical, Saudi oil company sign accord advancing $20B chemical plant in Saudi Arabia; one of the world's biggest chemical plants, the largest integrated chemical facility ever built in one go - FY/AP - Oct 8, 2011

- M. Gordon -
http://finance.yahoo.com/news/Dow-Saudi-oil-company-sign-apf…

[Popeye82]

Merkel, Sarkozy reach agreement on bank sector; The leaders of Germany +France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector - FY/AP, BERLIN - Oct 9, 2011
http://finance.yahoo.com/news/Merkel-Sarkozy-reach-apf-29313…

[Popeye82]

European Goldfields - Full finance package secured for project portfolio; Terms of US$600 million Loan Facility agreed with Qatar Holding, US$150 million additional financing to be offered to existing shareholders; C/P: "This Facility from Qatar Holding represents not only a significant commitment to the Company, but also to Greece. In these very uncertain times, these financings will provide all of the development capital required to bring the group's entire project portfolio into production +allow us to accelerate the development of all our projects. As such, this marks another very significant milestone on our path towards becoming the largest gold producer in Europe. Furthermore, we are delighted to welcome Qatar Holding as a significant shareholder +key strategic partner, particularly as this is their 1st investment into the gold sector. These transactions deliver a definitive solution to a number of key issues overhanging the Company: we have secured debt financing which, in terms of both size +coupon, is otherwise unavailable in today's challenging market conditions, thereby delivering a complete financing solution for our projects; the presence of Qatar Holding as a strategic partner further demonstrates great confidence in Greece as well as securing a liquidity event for our Greek partners Ellaktor, without direct market impact" - Oct 3, 2011
http://finance.yahoo.com/news/European-Goldfields-Limited-cn…

[Popeye82]

Jorc, ASX @loggerheads over new reporting proposals - MW, PERTH - Oct 7, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/jorc-asx-at-loggerheads-over-ne…

"The Australasian Joint Ore Reserves Committee (Jorc) has spoken out against the ASX’s release of a consultation paper on the Listing Rule reporting requirements for reserves and resources by mining and oil and gas companies.


The chairperson resources regulator, Peter Stokes, said that the ASX released the document without the backing of Jorc and that it would now proceed to release its own consultation paper.

Earlier this week, the bourse released a consultation paper to review the opportunities for enhancing reserve and resource disclosure, and what it said was aimed at responding to stakeholder interest in improving the standards and promoting confidence in the public reporting of reserve and resource information.

The paper also aimed to reduce the potential for misleading disclosures, promote greater efficiency in the capital information process, and ensure the reporting requirements were aligned with international best practice, the ASX stated.

“During the process of drafting the issue paper, it became clear that the ASX had a preference to move away from the long-established principles-based reporting, on which the Jorc Code is based, and presents a series of preferred options which increased prescription and included mandatory minimum reporting lists for certain types of reports,” said Stokes.

“The Jorc committee does not accept that these should be a preferred option, instead wishing to gauge responses from stakeholders to the issues raised.”

Stokes added that the ASX had formed the view that it could not reach an agreement or compromise with Jorc, and proceeded with a separate consultation paper and submission process.

He noted that Jorc’s consultation relating to the review of the code would run in parallel with the ASX consultation on its issue paper.

“It is important that those making submissions to either the ASX issues paper or the Jorc Code review understand that their submissions will not automatically be forwarded to the other party. If you want your submissions to be considered by both the ASX and the Jorc committee, you will need to make duplicate submissions,” Stokes said.

The bourse has invited comments from interested stakeholders on the key reporting issues and the proposals examined in the consultation paper. Comments were due by January 27.

Stokes added, however, that despite the duplicate process, the Jorc committee was “encouraged” that the ASX envisaged that the two bodies would work on how best to integrate the revised Jorc Code provisions into the standard Listing Rules for the ASX, so as to produce an appropriate and effective disclosure framework. "

[Popeye82]

Kibo >doubles exploration area in Tanzania; Gold- &nickel-focused explorer Kibo Mining has >doubled its licensed exploration area in Tanzania over the last six months, the firm said on Friday. The company now owned the exploration rights to >18 000 km2, gaining a strategic position in both the Lake Victoria goldfields &the emerging gold districts of eastern Tanzania. This necessitated a reorganisation of its operations to meet the demands of exploring &managing a large geographically dispersed licence portfolio effectively, the Aim- &JSE-listed company said in a statement - MW, JOHANNESBURG - Oct 7, 2011

- Henry Lazenby -
www.miningweekly.com/article/kibo-more-than-doubles-explorat…

[Popeye82]

Bei seinem 14. Podiumsrang im 15. Grand Prix des Jahres musste Vettel McLaren-Pilot Jenson Button +Ferrari-Star Fernando Alonso den Vortritt lassen; Vettel: "Fantastisches Jahr"; Jüngster Doppel-Weltmeister der F1-Geschichte im Titeltaumel - DPA, SUZUKA - Oct 9, 2011
http://web.de/magazine/sport/formel1/13867960-vettel-im-tite…

[Popeye82]

US-Drohnenlenker kämpfen mit Virenbefall; Eine peinliche Panne ist es in jedem Fall, aber wie groß ist das Sicherheitsrisiko? Auf der US-Luftwaffenbasis Creech sind offenbar diverse Rechner von einem Virus befallen, der unter anderem alle Tastatureingaben protokolliert. Mit diesen Computern werden US-Kampfdrohnen ferngelenkt - W/SO, WASHINGTON - Oct 9, 2011
http://web.de/magazine/digitale-welt/computer/13866990-us-dr…

[Popeye82]

Molycorp CEO to Congress: China’s New Warnings on Further Rare Earth Export Restrictions Spotlights Need to Ramp up U.S. Production - Sep 21, 2011
http://finance.yahoo.com/news/Molycorp-CEO-to-Congress-bw-85…
http://dl.dropbox.com/u/39905109/Molycorp_Testimony_House_Fo…

"WASHINGTON--(BUSINESS WIRE)-- China’s renewed warnings last week of further rare earth export reductions and stronger in-country production controls increases the urgency for the U.S. to ramp up its own rare earth production, Mark A. Smith, Molycorp, Inc.’s President and CEO, told a U.S. House Foreign Affairs Subcommittee on Wednesday.


“Senior Chinese officials relayed to me last week, both privately and through public statements, that China has no intention of remaining the world's major supplier of rare earths and that it will continue to shift its focus to domestic demand,” Smith told the U.S. House Foreign Affairs Subcommittee on Asia and the Pacific in hearing testimony. “China is clearly warning that they will consume more of their own rare earths and export less, and that they see tight supplies of rare earths as representing an ‘irreversible’ trend.”

“Coupled with stronger enforcement of in-country production quotas, this points to a continued tightness in global rare earth markets for as far as the eye can see,” Smith testified. “The U.S. must roll up its sleeves and get to building its own domestic rare earth manufacturing supply chain. We must move as rapidly as possible to a position where our economy and our national security interests are no longer tied to declining Chinese rare earth exports.”

Smith recommended that the U.S. “take a page out of China’s strategic playbook and leverage its rare earth resources to attract manufacturing that relies upon these critical materials.”

He urged Congress to encourage greater private sector investment in rare earth technology innovation; strengthen research and development related to rare earth materials; expand graduate and post-graduate instruction in the basic and applied sciences; and lend support to private sector efforts to recycle rare earths, a key future source of material.

Smith's full testimony can be downloaded here: http://dl.dropbox.com/u/39905109/Molycorp_Testimony_House_Fo…


About Molycorp, Inc.

With offices in the U.S., Europe, and Japan, Molycorp, Inc. is the only rare earth oxide (REO) producer in the Western Hemisphere and the largest REO producer outside of China. In addition to its current production of rare earth oxides at its flagship rare earth mine and processing facility at Mountain Pass, California, the Company produces rare earth metals, rare earth alloys (such as neodymium-iron-boron and samarium-cobalt alloys) and rare metals such as niobium and tantalum. The rare earths and rare metals Molycorp produces are critical inputs in existing and emerging applications including: clean energy technologies, such as hybrid and electric vehicles and wind power turbines; multiple high-tech uses, including fiber optics, lasers and hard disk drives; numerous defense applications, such as guidance and control systems and global positioning systems; advanced water treatment technology for use in industrial, military and outdoor recreation applications; and other technologies. For more information, please visit www.molycorp.com. "

[Popeye82]

ValGold Resources - to Acquire Past Producing Gold-Silver Mine &Surrounding Region in Western Ukraine; In ´90, Soviet geologists of the USSR State Reserve Commission(GKZ) published a historical C1 +C2 mineable reserve for the Muzhievo mineralization of 14,709,300 tonnes("t") of 1.88 g/t Au; 38.35 g/t Ag; 2.07% Pb &4.76% Zn; Located respectively west &east of the Muzhievo site are the Beregovo &Kvasovo gold &silver occurrences. During the ´70's &´80's the USSR Ministry of Geology explored both areas &completed approximately 63 diamond drill holes on the Beregovo property &2 drill holes on the Kvasovo property. A P1 +P2 Russian resource was then calculated to a depth of 400m for the Beregovo property of 10,261,687t with an average grade of 5.21 g/t Au contained within five mineralized zones - Sep 21, 2011
http://finance.yahoo.com/news/ValGold-Acquire-Past-iw-377219…
http://media3.marketwire.com/docs/ValGoldmap.pdf

[Popeye82]

Segue Resources - Drilling to Commence @Emang Manganese Project - Sep 9, 2011

HL:

+ Exploration contract awarded +site establishment team mobilised

+ 65 hole drill programme to be completed by mid-November

+ Maiden JORC resource estimate by end of November ...
http://stocknessmonster.com/news-item?S=SEG&E=ASX&N=556476

[Popeye82]

Krucible Metals - Korella Inferred Resource Update, Yttrium(Heavy Rare Earth) Increased by 65%, from 4.2million tonnes @0.96kg/tonne Y203 to 7.03million tonnes(M.T) @0.93kg/tonne Y2O3 - Oct 10, 2011
www.kruciblemetals.com.au/userfiles/file/208_korellainferred…

[Popeye82]

Carabella Resources - Appointment of Managing Director; prominent member of the Queensland coal industry, having served 14 years with BHP Billiton including two years as Chief Development Officer of its Metallurgical Coal business, the world’s largest exporter of metallurgical coal ; C: "I am delighted to announce the appointment as Managing Director of such a seasoned coal industry executive. Anthony brings a wealth of experience to Carabella @an exciting time for the Company, as it continues with its development program @Grosvenor West +the broader Mabbin Creek area. During his time with BHP Billiton, Anthony was extensively involved in setting +delivering the coal business strategy, including development of infrastructure projects, an aspect that will be vital as Carabella makes the transition from explorer to producer. He was a key member of the BHP Billiton leadership team that oversaw a multi-billion dollar capital expenditure program. He has led a number of large scale corporate transactions +@the same time has an impressive track record in leading +developing small teams. His experience complements well Carabella’s Board expertise +the existing technical strength of the Company’s Executive Management team. I welcome Anthony to the Company +look forward to a long +productive working relationship" - Oct 10, 2011
http://stocknessmonster.com/news-item?S=CLR&E=ASX&N=652034

[Popeye82]

Tasman Resources - Vulcan - Rio Tinto Exploration signs conditional farm-in; agreement with Rio Tinto Limited(ASX:RIO) for the funding of an accelerated exploration program on Tasman's Vulcan prospect. The Agreement will see an immediate cash injection of A$10 million into Tasman for this highly prospective iron-oxide copper gold uranium prospect, located 30 kilometres from BHP Billiton's giant Olympic Dam copper-gold-uranium mine in South Australia - Oct 10, 2011
http://stocknessmonster.com/news-item?S=TAS&E=ASX&N=560510

[Popeye82]

Crystallex says arbitration starts over Venezuelan mines; Crystallex Mining, claiming >$3.8-billion from the Venezuelan government after president Hugo Chavez seized its gold assets, said the TSX had told it this week it would start delisting review if it found the company to not meet the requirements of staying on the bourse. Crystallex also said formal proceedings @the International Centre for Settlement of Investment Disputes had begun in its arbitration case against Venezuela, with Swiss &Brazilian national Laurent Levy named as president of the tribunal - MW, TORONTO - Oct 7, 2011

- M. Hill -
www.miningweekly.com/article/crystallex-says-arbitration-sta…

[Popeye82]

Toro Energy - Substantial Increase in Toro`s Wiluna Uranium Resources - Oct 10, 2011

HL:

+ Toro Energy Limited(ASX: TOE - “Toro”) announces that a full update to its Wiluna regional resource base in WA(Refer Figure 1) has resulted in a total resource of 50.1Mlbs contained U3O8(52.25Mt @434ppm for 22,641t contained uranium @200ppm U3O8 cut-off).

+ This represents a 32% increase(Refer Figure 2).

+ The Wiluna Uranium Project resources in the Centipede +Lake Way deposits have been upgraded with additional drilling, with 58% of the Project resource now classified as Measured +Indicated. Toro is currently seeking Government approvals to commence mining of these two deposits.

+ The Wiluna regional resource evaluation, on a 200ppm U3O8 cut-off, now includes, along with the Centipede +Lake Way deposits:

- 6.6Mlbs contained U3O8(6 Mt @500ppm for 3,008t contained uranium) Indicated +Inferred resource in the Millipede deposit;

- 9Mlbs contained U3O8(13.1Mt @312ppm for 4,074t contained uranium) Inferred resource in the Dawson-Hinkler Well deposits; +

- 10.5Mlbs contained U3O8(11.9Mt @400ppm for 4,700t contained uranium) Inferred resource on tenements comprising Toro’s Nowthanna deposit.


+ The Millipede deposit represents an increase of 30% over the expected 4 to 5 Mlbs exploration target range that was announced in February ´11, +the Dawson Hinkler results represent a 46% increase over the established resource acquired in ´10.

+ The Millipede, Dawson Hinkler Well +Nowthanna regional resources, acquired over the past 12 months, continue to be evaluated for possible future development. They are not included in the current assessment being undertaken by the Western Australian +Federal governments for approval of mining @Centipede +Lake Way. ...
http://stocknessmonster.com/news-item?S=TOE&E=ASX&N=184883

[Popeye82]

Canadian diamond exchange opens office in Shanghai; The Canadian Diamond Bourse has moved to strengthen ties with its Chinese counterpart +promote gems mined in the world’s 3rd-biggest producer by opening a liaison office @the Shanghai Diamond Exchange. A delegation of Canadian diamond businesses recently paid a formal visit to China to explore synergies with the industry there +to attract investment from what is now the 2nd-biggest diamond consumer after the US - MW, TORONTO - Oct 7, 2011

- M. Hill -
www.miningweekly.com/article/canadian-diamond-exchange-opens…

[Popeye82]

NMDC to acquire three overseas mineral assets - MW, KOLKATA - Oct 10, 2011

- Ajoy K Das -
www.miningweekly.com/article/nmdc-to-acquire-three-overseas-…

"India’s largest iron-ore miner, NMDC Limited, is negotiating a stake in three overseas mineral assets, with the aim of taking its foreign aggregate investments to around $500-million, by the end of March next year.


The targeted acquisitions were the Wonarah phosphate deposits of ASX-listed Minemakers, iron-ore deposits from Brazil’s Greystone Mineracao do Brasil, and the Vincy Coal project, in Russia.

The company did not divulge the breakdown of investments involved in each of the three acquisitions, however officials said that aggregate investments in acquiring overseas mineral assets would be to the tune of $500-million by end of the current financial year in March 2012.

“A team of NMDC officials have just visited Wonarah and would submit a feasibility report shortly. The due diligence report on Vincy Coal would be ready by this month end. All three assets are of very good quality and our acquisitions should be complete within the current fiscal year,” an official said.

Indications were that for Wonarah phosphate deposits, NMDC would a form a 50:50 joint venture (JV) with Minemakers which would see the mineral asset being transferred to the JV following NMDC making an additional payment to Minemakers for initial costs already incurred on the deposits, one of the largest under-developed phosphate reserves in Australia.

In the case of Vincy Coal, NMDC was looking to develop and access a reserve of about 100-million ton. For Greystone, the iron-ore miner was currently in talks with Zamin Advisors, a London-based equity fund that has controlling interests in Greystone.

In a related development, NMDC has signed an agreement with India’s Sunflag Iron and Steel Company Limited to acquire a 26% stake in the latter’s coal assets in Mozambique. The deal value has not been disclosed but NMDC plans to start shipping part of the coal mined in Mozambique to its two ongoing steel projects within the next three years and to sell part of the coal in the local market.

Sunflag’s Mozambique asset was estimated to have a reserve of 450-million tons with a current production capacity of five-million tons a year.

NMDC and Severstal have signed a JV agreement to construct a five-million-ton-a-year steel mill in the southern Indian province of Karnataka entailing an investment of $5-billion. The company on its own was constructing a 3-million ton steel plant in the central Indian province of Chhattisgarh at an investment of $2.9-billion.

Last month, NMDC concluded the purchase of 50% of the shares of Australia’s Legacy Iron Ore, entailing an investment of A$18.9-million.

Meanwhile, on the domestic front, NMDC has firmed up a capital expenditure of $500.34-million that would be riding on various projects across the country and would ramp up total iron-ore mining capacity to 50-million ton a year. These include development of the Kumaraswami iron-ore reserves in Karnataka province to extract seven-million ton a year. This would be a replacement for the fast-depleting reserves of the current mine at Donimalai. "

[Popeye82]

Excalibar to commence new drilling programme @Tennet Creek - AI - 10-Oct-2011
www.australianinvestor.com.au/news.asp?id=41889
http://stocknessmonster.com/news-item?S=EXM&E=ASX&N=560581

"Historically, Nobles Nob has produced 1.17moz of gold from ore averaging 17g/t and Juno 815,000oz at an average of 57g/t ore. Excalibur believes there are other similar‐sized opportunities in the area which could add significantly to the current inferred gold resource of 279,700 oz.

Excalibur’s technical team has worked closely with exploration consultants SRK to generate a comprehensive 3D structural/geological model of the Tenant Creek project area. From this model, target zones for additional gold mineralization have been identified and prioritized. The investigation has identified the following highlights:

• Excellent exploration potential exists just below the Nobles Nob pit for additional high grade gold mineralization
• A total of 16 geological sites with potential for gold mineralisation have been identified in the Nobles Nob area and of particular interest is a large anomaly which occurs just down dip and
along strike from the existing Nobles Nob pit
• SRK has recommended that Excalibur undertake a small drilling program to immediately investigate some of the potential targets identified and a total of 10 holes (770m) will be drilled late in October. Additional geophysical data will also be gathered in October from a deep penetrating ground EM survey about to be initiated.

The aim of this October work program is to test strong targets and untested intersections for gold mineralisation and to potentially increase the mineral resources. A further benefit is to gain valuable information and to allow Excalibur to further refine the 3D geological model and identify additional targets for a potential second phase of drilling in Q2 2012.

Excalibur is also conducting a small program to better define gold resources within known near‐surface material and tailings from the Nobles Nob historical workings. A total of 16 shallow RAB holes are planned in October to both validate and expand upon existing information.

The Board of Excalibur is completing a capital raise of approximately $390,000 at 0.1 cent to Section 708 Compliant Investors. A further capital raise by way of a 2 for 1 renounceable rights issue is also planned for October and November 2011. Funds raised from the placement and rights issue will fund future drilling programs and the proposed dual listing on the Toronto Exchange. It is expected that the total capital raise will be in excess of $5,000,000. "

[Popeye82]

Buru’s Canning Superbasin Exploration Footprint Expands - AI - 10-Oct-2011
www.australianinvestor.com.au/news.asp?id=41890
http://stocknessmonster.com/news-item?S=BRU&E=ASX&N=560578

"Buru Energy Limited (“Buru” or “Company”) has announced that the Company is the preferred applicant for two additional petroleum exploration permits in the Canning Superbasin, L10-7 and L10-8.

The permits provide additional exposure to the exploration trends identified in the Paradise-Valhalla area to the north in EP 371, including the shallow oil plays seen in the Paradise and Valhalla wells, and the Laurel Formation tight gas play, together with a number of other exploration plays that have been developed by Buru.

Although little systematic exploration has previously been carried out in the area of these new permits, Buru’s review of the existing data has identified a number of focus areas which will be the subject of early exploration once the permits are formally granted.

The permits will provide a very important addition to Buru’s portfolio, bringing its net equity acreage position in the Canning Superbasin to a total of some 48,000 sq km (~11.9 million acres). "

[Popeye82]

Continental Gold - Announces a Maiden Resource for the Buritica Project, Colombia: 1,110,000Mt @17.8g/t Au, 42g/t Ag &0.8% Zn M/I &6,900,000Mt @11.4g/t Au, 43g/t Ag &0.6% Zn ; Company continues with a major surface &underground drilling program to expand &increase the level of confidence of these resources in Yaragua &Veta Sur &to explore new targets, @Buritica; A. Sussman: "The strength of the Continental Gold team is the desire &effort to always achieve more . This initial resource is a reflection of their dedication &puts the Company on track to achieve its goal of commercial gold production in ´14" - Sep 15, 2011
http://finance.yahoo.com/news/Continental-Gold-Announces-iw-…
http://media3.marketwire.com/docs/728277_fig_1.pdf

[Popeye82]

Tap Oil - Zola Prospective Resource >2 Tcf - Independent Report - Oct 10, 2011

HL:

+ Independent Expert confirms resource potential to be significantly greater than the upper end of Tap’s pre-drill estimate of 1-2 Tcf(gross).

+ Independent Expert confirms the Zola-1 well delineated a mean Contingent Resource of 378 Bcf(range between 209 to 584 Bcf) &, in addition, indicates Prospective Resources of 2.3 Tcf(mean estimate) in the Greater Zola Structure. ...
http://stocknessmonster.com/news-item?S=TAP&E=ASX&N=560539

[Popeye82]

Greenock Resources - Funding for PTM Minerals' Kakanda Copper Project; Kakanda copper/cobalt project in the Central African Copper Belt is adjacent to the operating Tenke copper/cobalt mine +plant presently being operated +expanded by Freeport McMoRan +Lundin Mining. The Kakanda tailings reprocessing project has NI 43-101 measured +indicated resources of 18.5 million tonnes with an average grade of 1.25% copper +0.15% cobalt. The adjacent Kakanda hard rock deposits have a historical resource of 18.6 million tonnes with an average grade of 3.19% copper +0.19% cobalt ; P/CEO: "The DRC is "becoming more stable +transparent" thus "reducing the investment risk." There are a growing number of smaller companies that have recently started DRC exploration +development projects due to the improving investment climate. Kakanda is recognized as an advanced project that can be developed quickly once the final title issues, joint venture agreements +concessions payments are completed. We continue to have discussions with interested parties that will be able to provide the larger financing package +management expertise that is required to advance the Kakanda project to the next stage of development" - Sep 21, 2011
http://finance.yahoo.com/news/Greenock-Resources-Funding-iw-…

[Popeye82]

Jacka Resources - Contingent +Prospective Resources Update - May 24, 2011

HL:

+ Independent report confirming range of oil in place on Hammamet West Oil Field

+ Contingent Resources(P50 Base case) of 111 million barrels, net to Jacka 16.6 million barrels

+ Upside Contingent Resources(P50 Spill case) of 213 million barrels, net to Jacka 32 million barrels

+ Prospective Resources on Bargou block in excess of 600 million barrels, net to Jacka 90 million barrels ...
http://stocknessmonster.com/news-item?S=JKA&E=ASX&N=542851


Dragon Oil Provides Hammamet Development Expertise - Oct 10, 2011
http://stocknessmonster.com/news-item?S=JKA&E=ASX&N=560613
http://jackaresources.com.au/images/stories/corp/Patersons%2…
http://jackaresources.com.au/documents/Upcoming%20Exploratio…

[Popeye82]

LARS WINDHORST ist zurück : Die verwegenen Pläne des einstigen Wunderkindes - Sep 26, 2011
???

[Popeye82]

US holds rich lead over China +India; THE United States has 10 times more affluent households than China or India, research has showed, undermining arguments the global economy can be sustained by consumption in emerging markets - CBN - Oct 10, 2011
http://cnbusinessnews.com/us-holds-rich-lead-over-china-and-…

[Popeye82]

China to build Central Plains Economic Zone - CBN - Oct 10, 2011
http://cnbusinessnews.com/china-to-build-central-plains-econ…

"China’s State Council has issued a guideline on supporting central Henan Province to be built into a Central Plains Economic Zone for balanced development.

The guideline, publicized on Friday, positioned the Zone, covering entire Henan and radiating to the surrounding areas, as “a key grain production and modern agriculture base, a national model of coordinated development in industrialization, urbanization and agricultural modernization, an engine of national economic growth, a modern traffic hub as well as a center of Chinese civilization inheritance and innovation,” taking advantage of its geographic location, abundant grain production, immense market potentials and solid cultural foundation. The plan was made to secure food supply and promote the balanced development of different regions, it said.

It set the goal that the zone would preliminarily take shape by 2015 and be further built into a prosperous, environmental friendly region by 2020. –
Xinhua "

[Popeye82]

Save The World Air - Elektra(TM) Technology Exhibits Repeatable Fuel Savings in Preliminary Laboratory Testing; Achieves 4.1% Increased Fuel Efficiency on Diesel Engine; C/CEO: "We are very excited by these preliminary results from initial testing with Verdantec Technologies, our co-development testing partner. As the global demand for diesel fuel continues to grow, our market research for this technology is indicating that the diesel engine on-highway market alone is substantial, with >four million tractor-trailers on the road in the U.S., with Off-Highway, Marine &Construction Equipment presenting an even greater opportunity. With additional refinements &research we aim to further improve our technology to properly begin addressing these market opportunities. Over the last year &a half, STWA &Verdantec's relationship has continued to grow. Our collaborative efforts &support for ELEKTRA™ has been mutually beneficial, with Verdantec's involvement offsetting 50% of our operating costs @the Morgan Hill Facility. Verdantec has proven itself to be an excellent team player with a complementary suite of products &platform technologies. We are excited by the results we have achieved from a preliminary ELEKTRA™ prototype, &believe that optimizing &refining our model could lead to significant increases in our baseline results &increased performance in not only diesel trucks, but other categories including cargo ships, which burn bunker fuel, a less refined, much heavier form of fuel", G. Spak: "Collectively, our two companies offer a suite of products that will realize fuel savings >20% for diesel trucks. Together, this represents a significant package savings for the commercial fleet operator. We are excited to move forward with further testing of ELEKTRA™ as we have already seen proven, measurable results earlier this year" - Oct 10, 2011
http://finance.yahoo.com/news/STWA-Elektra-TM-Technology-iw-…

[Popeye82]

7 Radical Energy Solutions ; The failure rate may be 90 percent , but if any of these exotic technologies succeeds, it could significantly improve energy security +efficiency - SA - May 16, 2011

- Graham P. Collins, David Biello, Bijal P. Trivedi, JR Minkel, Steven Ashley, Charles Q. Choi +Michael Lemonick -
www.scientificamerican.com/article.cfm?id=radical-energy-sol…

[Popeye82]

A Revolutionary Technology is Unlocking Secrets of the Forest ; A new imaging system that uses a suite of airborne sensors is capable of providing detailed, three-dimensional pictures of tropical forests —including the species they contain &the amount of CO2 they store —@astonishing speed. These advances could play a key role in preserving the world’s beleaguered rainforests - e360 - Oct 3, 2011

- by Rhett Butler -
http://e360.yale.edu/feature/carnegie_airborne_observatory_t…

[Popeye82]

EIIIIIL-MITTEILUNG des ROHSTOFF INVESTOR: Sie verwandeln 5.000€ in 150.000€ , „Deep Secret“ ist Ihr ROHSTOFF-INVESTMENT DES JAHRZEHNTS! ; Als Privatanleger waren Sie IMMER BENACHTEILIGT, wenn es um die WIRKLICH BESTEN Chancen ging –DIESMAL SIND SIE PREVILIGIERT! ;

Liebe Anlegerin, lieber Anleger,

ich möchte Sie heute um EIIIIILE bitten. Die Zeit ist knapp. Sie bekommen hier einen „WELTKLASSE-TIPP“ ...

... eine ganze bestimmte Aktie aus dem Rohstoffbereich steht UNMITTELBAR vor einem ENORMEN Sprung nach oben ...

UND SIE SIND DABEI. Aber NUUUUUR, wenn Sie jetzt ENTSCHLOSSEN handeln. Dann genießen Sie die MEGA-RALLYE in diesem Wert von Anfang an ...

... und schon bald genehmigen Sie sich dann eine gepflegte Flasche Champagner, weil sich in Ihrem Depot SCHIER UNGLAUBLICHES ereignet.

Nach meinen "ersten Berechnungen" ERWARTET SIE BEI DIESER AKTIE EIN GEWINN VON GUT UND GERNE >2.040%!

Und das ist NICHT ALLES. Unter bestimmten Voraussetzungen MUSS diese Aktie noch WEIT, WEIT HÖHER STEIGEN! ... - RI - Sep 17, 2011
www.neuraus.de/component/option,com_shopblog/showoffer,65715…

[Popeye82]

Mining Sector Morning Summary - LC - Oct 10, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[supernova1712]

Antwort auf Beitrag Nr.: 42.194.676 von Popeye82 am 10.10.11 23:04:16

Wenn man ein paar Stichworte dieses Teasers durch Google jagt, dann kommt man recht bald auf:

http://www.cuororesources.com/

Die Aktie ist derzeit auf meiner Watchlist, es gibt auch einen WO-Thread.

Freundliche Grüße
supernova

[Popeye82]

Antwort auf Beitrag Nr.: 42.199.121 von supernova1712 am 11.10.11 21:16:04

Na dann, kaufen was das Zeug hält.

Mich interessieren die "Hot Stocks" dieser Schmarotzer nicht, genau davon leben sie(mit freundlicher Unterstützung u.a. VON DIR ). Mir geht es nur darum Börsenbriefe gelegentlich lächerlich zu machen. Und oft, so wie hier, geht es mit NUR reinem zitieren.

Gruß
P.

[Popeye82]

DFB-Elf schafft Quali-Rekord ; Deutsches Team sichert sich gegen Belgien den zehnten Sieg - DPA, DÜSSELDORF - Oct 10, 2011
http://web.de/magazine/sport/fussball/nationalelf/13885226-3…

[Popeye82]

Nimrodel Resources - Acquisition of Adjoining Botswana Coal Tenements; MD: "The signing of this agreement is another exciting step for Nimrodel in building a strong &strategic position in the Kweneng &Southern District of Botswana, a region that the Company has identified for its potential to host a major thermal coal deposit"; maiden Takatokwane Resource targeted by year end - Oct 11, 2011

HL:

+ Nimrodel increases exposure to Botswana Thermal Coal

+ Agreement secures likely Takatokwane extension

+ 2/4tenements(PL 157/2009 &159/2009) are adjacent to Nimrodel’s Takatokwane tenement

+ A contiguous target area now in excess of 2,000 square kilometres

+ Drilling to commence on new licences this week ...
http://stocknessmonster.com/news-item?S=NMR&E=ASX&N=560816

[Popeye82]

Australian Bauxite - 16.8 Million Tonnes Maiden Binjour Resource: High-Grade Bauxite; Company resources grow to 84 million tonnes1,2,3,4 - Oct 11, 2011

HL:

+ Maiden Resource: 16.8 million tonnes of gibbsite-rich bauxite, @Binjour, central QLD

+ Resource is based on 88 infill exploration holes that intersected a thick bauxite layer that is largely concealed beneath a surface clay horizon

+ Most of the bauxite resources identified in this estimation are a superior quality bauxite suitable for sweetening circuits in refineries. It is termed “Brown Sugar” bauxite

+ A high grade core totalling 9 million tonnes contains extremely high grade bauxite

+ bauxite deposit is open in many locations &many other deposits have been identified. Followup drilling of the Binjour plateau(25km x 10km in area) &surrounding new prospects is being scheduled over the coming months. ...
http://stocknessmonster.com/news-item?S=ABZ&E=ASX&N=652373

[Popeye82]

Mozambi Coal - Exploration Programme Update; commenced exploration on its Songo license(2738L) situated 115km west of Tete in northern Mozambique(Figure 2). In addition to airborne geophysics, the programme will include 1st-pass diamond drilling +down-hole geophysics - Oct 12, 2011
http://stocknessmonster.com/news-item?S=MOZ&E=ASX&N=560913

[Popeye82]

Ghana in talks with gold miners over new taxes; Ghana is in talks with gold miners in the country, Africa's 2nd-biggest producer, over additional taxes so as to benefit from the soaring price of the precious metal, the government said on Tuesday. Finance Minister Kwabena Duffuor told Reuters that the ministry was in talks with the miners with options that included the introduction of a windfall tax - MW/Reuters, ACCRA - Oct 11, 2011
www.miningweekly.com/article/ghana-in-talks-with-gold-miners…

[Popeye82]

Americas Petrogas - Updates Peru Potash Project - Oct 11, 2011
www.marketwire.com/press-release/americas-petrogas-updates-p…

[Popeye82]

Canadian Orebodies - Announces Successful Completion of Summer Drill Program, @Haig Inlet; 1st resource estimate expected by Q1 ´12 - Oct 12, 2011
www.marketwire.com/press-release/canadian-orebodies-announce…

[Popeye82]

IBC Advanced Alloys - Engages Automotive Materials Expert; IBC's ultra-light family of advanced alloys +metal composites could have huge benefits for auto racing +performance automotive applications, particularly those where rotational mass +unsprung weightare critical. The Company's range of alloys +composites has a consistently high stiffness to weight ratio, as well as other important materials characteristics, which will allow automotive engineers greater design flexibility +more options to achieve significant performance gains; P/CEO: "We are very pleased to have Chris help guide +develop our automotive strategy. His experience, passion for auto racing +network of high profile relationships will prove to be an enormous asset for IBC. While IBC's automotive strategy will initially focus on high performance racing, we believe that the Company's work also holds great promise for the commercial automotive sector which is already adopting ultra-light weight +alternative materials solutions for its current +next generation designs", C. Huskamp: "I am very excited to be involved with IBC +their automotive strategy which I believe holds enormous promise both for the Company +the industry. I have been involved with auto racing for >two decades +regularly evaluate new technologies focused on performance improvement. I believe that IBC's materials have great potential for the motorsports community, +the automotive market generally, +I am looking forward to working with IBC to develop this opportunity" - Oct 12, 2011
www.marketwire.com/press-release/ibc-advanced-alloys-engages…

[Popeye82]

Macusani Yellowcake - Intersects 9 m Averaging 0.145% U3O8(2.9 lbs/ton), Including 4 m Grading 0.260% U3O8(5.2 lbs/ton) @Kihitian Property, Peru; remains on target to publish an initial NI 43-101 resource estimate for Kihitian before the end of the year - Oct 12, 2011
www.marketwire.com/press-release/macusani-yellowcake-interse…

[Popeye82]

TNG - JORC Resource Increase Mount Peake Project - Oct 12, 2011

HL:

+ Updated Indicated &Inferred Resource of 160Mt grading 0.3% V2O5, 5.0% TiO2 &23.0% Fe

+ 70% of the resource, or 112Mt, in the Indicated category, available for conversion to Ore Reserves

+ High-grade zone identified along entire strike length of the deposit – grades >0.7% V2O5, 38% Fe, 12% Ti02.

+ Deposit remains open to the east – with new targets to be drilled before year-end

+ Significant Exploration Target 1of 500-700Mt with a grade range of 0.2-0.4% V2O5

+ Optimisation work proceeding well for commencement of pilot plant test work

+ Legal &Financial Due Diligence for transaction with ECE proceeding on schedule ...
http://stocknessmonster.com/news-item?S=TNG&E=ASX&N=560916

[Popeye82]

Aldridge Minerals - Announces Infill Drill Results &Exploration Update; systematic exploration program on its 100 square kilometre property surrounding the Yenipazar deposit has discovered two new mineralized outcrops. One of the outcrops is located almost 1.8 kilometres due north of the known extent of the resource &was shown to have grades @or >our average resource grades; 2nd outcrop is approximately 1.3 kilometres north &north east of the known resource &is similarly mineralized, therefore, the Company has commenced exploration drilling in these areas to test this mineralization; M. Oczlon: "These new outcrops are very exciting to us because they could lead to a sizeable increase in our resource base, in particular for gold in the oxide zone. Tests are scheduled to understand how much of this gold can be recovered gravitationally, &a 43-101-compliant resource update is to follow receipt of the complete assay results" - Oct 11, 2011

HL:

+ 54.0 metres grading 6.95 g/t Au, 16.43 g/t Ag, 0.91% Cu, 0.31% Pb &0.38% Zn

+ 15.0 metres grading 5.55 g/t Au, 158.65 g/t Ag, 1.13% Cu, 4.40% Pb &5.47% Zn

+ 20.0 metres grading 1.60 g/t Au, 58.24 g/t Ag, 0.50% Cu, 2.15% Pb &3.84% Zn ...
http://finance.yahoo.com/news/Aldridge-Minerals-Inc-cnw-1791…

[Popeye82]

Mining Summary - LC - Oct 12, 2011[/red]
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Fortescue Metals Group - Total Resource Inventory Increases to 11.42 Billion Tonnes - Oct 12, 2011

HL:

+ Total resources @Nyidinghu >2 billion tones(bt), additional new resources
totaling 980 million tonnes(mt) delineated with an expected life of mine strip ratio <2:1.

+ Reinforces the importance &urgency of our studies on the options for the
development of our next 100 million tonnes/annum(mtpa) capacity beyond
155mtpa. ...
http://stocknessmonster.com/news-item?S=FMG&E=ASX&N=560884

[Popeye82]

BHP gains approval for big Olympic Dam expansion; Diversified resources group BHP Billiton on Monday received environmental approval to quadruple copper output @its Olympic Dam mine over the next three decades. BHP plans to build a new openpit mine to operate simultaneously with the existing underground mine, &will invest in new &expanded infrastructure, such as a waste rock storage facility &tailings storage facility; would boost the South Australian mine’s copper production to 750 000 t/y over the next 30 years, making it the 2nd-largest copper mine globally - MW, PERTH - Oct 10, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/bhp-gains-approval-for-big-olym…

[Popeye82]

Fireswirl Technologies - Enters Into E-Commerce Deal With China's No.1 Animation Brand - Oct 11, 2011
www.marketwire.com/press-release/fireswirl-enters-into-e-com…

[Popeye82]

DRC invites mining firms to fund rail revamp; Congo has opened talks with mining companies over bridging a $200-million gap left by delayed Chinese funds meant to help revamp the country's dilapidated rail network, officials said. Under the proposed plan, mining firms would recoup any cash they offered to repair the crippled rail network through reduced rates for shipment of copper +cobalt on the refurbished system, the officials added - MW/Reuters, LUBUMBASHI - Oct 10, 2011
www.miningweekly.com/article/drc-invites-mining-firms-to-fun…

[Popeye82]

China resource tax goes nationwide; adds coal, rare earths - MW/Reuters, BEIJING - Oct 10, 2011
www.miningweekly.com/article/china-resource-tax-goes-nationw…

"China will extend a resource tax on domestic sales of crude oil and natural gas from some regions to the whole country and expand the list of taxable resources to coking coal and rare earths from November 1, the government said on Monday.


The move, billed as a way of conserving resources and limiting environmental damage, is part of a long-awaited tax reform that would enrich the coffers of local governments but slash the earnings of resource companies, such as PetroChina, China National Petroleum Corp and Baotou Steel Rare Earths by billions of dollars/year.

The sales of crude oil and natural gas sales nationwide would be subject for a tax of between 5% to 10%, China's State Council said on Monday. It would also impose a sales tax of 0.40-60 yuan per ton on rare earth ores and between 8-20 yuan a ton on coking coal.

The government did not give details on why there was such a wide range in the tax levied on rare earths but analysts said heavy rare earths, which are more scarce, would likely face heavier taxes.

Taxes on other types of coal remained unchanged at 0.30-5.00 yuan per tonne.

China's resource tax at present is calculated based on volume of production, instead of sales value, which has denied local governments from reaping the benefits of the surge in energy and commodities prices, the government said in a statement.

"Companies have enjoyed big profit margins on the sales of coking coal in China, but it is a scarce resource in China that needs to be protected," the government said.

"Rare earths is also an important strategic resources and the its over-exploitation has caused environmental destruction as well as affected the security of future supplies."

China unveiled its first resources tax on oil and natural gas at a rate of 5 percent in Xinjiang on June 1 last year as a way of retaining some of the region's mineral wealth in local hands. It then extended the tax to 11 other provinces in December.

Moody's senior analyst Kai Hu said in a September note that the resource tax could cost PetroChina, Sinopec and CNPC approximately a combined 44-billion yuan ($6.89 billion) a year. "

[Popeye82]

EU will Kyoto-Protokoll fortführen; knapp zwei Monate vor der UN-Klimakonferenz im südafrikanischen Durban hat sich die EU zur Fortsetzung des Kyoto-Protokolls bekannt. Allerdings knüpften die EU-Umweltminister ihre Bereitschaft an Bedingungen: Die EU werde sich neuen Zielen bei der Reduzierung des klimaschädlichen CO2 unterwerfen, wenn auch die größten Verschmutzer - vor allem die USA +Schwellenländer wie China - sich mittelfristig zu einem global verbindlichen Abkommen verpflichteten, sagte EU-Kommissarin Connie Hedegaard am Montag in Luxemburg - KA - Oct 11, 2011
www.klimaktiv.de/article101_12403.html

[Popeye82]

Kleine Fortschritte bei Klimagesprächen in Panama; Bei Gesprächen zur Vorbereitung der nächsten UN-Konferenz haben Klimaexperten in Panama kleine Fortschritte in technischen Fragen erzielt. Doch die Topthemen - Klimafinanzierung +Verlängerung des Kyoto-Protokolls - werden wohl in Durban geklärt werden müssen - KA - Oct 9, 2011
www.klimaktiv.de/article227_12398.html

[Popeye82]

Europas Metropolregionen wollen Treibhausgase um 80 Prozent reduzieren; Metropolregionen haben sich am Freitag in Hamburg zu dem Ziel bekannt, Treibhausgase bis ´50 um 80 Prozent zu reduzieren - KA - Oct 8, 2011

- Damit Europas Städte das ehrgeizige Ziel erreichen, sind insbesondere folgende Dinge entscheidend:

+ Anteil von erneuerbaren Energien in der Stromproduktion stark erhöhen(25 Prozent Anteil an Gesamtreduktion)

+ Nicht-elektrischen Energieverbrauch in privaten Wohnungen +Häusern deutlich reduzieren(25 Prozent)

+ Wende hin zur Elektromobilität schaffen(20 Prozent) Industrieproduktion energieeffizienter gestalten(10 Prozent) ...-
www.klimaktiv.de/article101_12396.html
www.euco2.eu/resources/EUCO2-Results-Summary-Small.pdf
www.euco2.eu/2.html

[Popeye82]

Vanoil Energy - Extends Technical Evaluation Agreement With Ministry of Natural Resources of Rwanda for Vanoil's exclusive 1,631 square kilometre oil &gas license in the Kivu Graben Basin; highly prospective Kivu Graben is on the same rift trend with the Albertine Graben where @Lake Albert, Tullow Oil &Heritage Oil have stated that they have found 1.5 billion recoverable barrels of oil; a significant discovery that many believe may represent only a small portion of the enormous potential of the area, it is the intention of the Company &the Minister of Natural Resources of Rwanda to conclude a Production Sharing Agreement("PSA") before the end of ´11 - Oct 12, 2011
www.marketwire.com/press-release/vanoil-extends-technical-ev…

[Popeye82]

India proposes levy on captive coal mining; India’s Coal Ministry has proposed a levy of a fixed charge on captive coal miners to be paid directly to locals affected by these projects. This was aimed @bringing captive mining +standalone coal mining on par in terms of profit sharing with locals; The levy would be applied per ton of coal mined for captive consumption would be based on an average of 26% of profits to be shared by standalone coal mining companies as proposed under the new profit-sharing law being framed by the Indian government - MW, KOLKATA - Oct 12, 2011

- Ajoy K Das -
www.miningweekly.com/article/india-proposes-levy-on-captive-…

[Popeye82]

EU-Umfrage zum Klimawandel: Bürger zeigen sich besorgt +wollen handeln; >zwei Drittel der Europäer betrachten den Klimawandel als sehr ernstes Problem, +fast 80 % sind der Ansicht, dass Maßnahmen zu seiner Bekämpfung der Wirtschaft +Beschäftigung förderlich sein können – so die Ergebnisse einer heute veröffentlichten Eurobarometer-Sonderumfrage - KA - Oct 7, 2011

Die wichtigsten Ergebnisse der Umfrage:

+ 68 % der Befragten betrachten den Klimawandel als sehr ernstes Problem(gegenüber 64 % im Jahr ´09). Insgesamt 89 % halten ihn für ein ernstes Problem(„sehr ernst“ oder „ziemlich ernst“). Auf einer Skala von 1 bis 10 wurde der Klimawandel mit 7,4 bewertet(gegenüber 7,1 im Jahr ´09).

+ Insgesamt wurde der Klimawandel als das 2tgrößte Problem angesehen, mit dem die Menschheit konfrontiert ist(nach Armut, Hunger +Mangel an Trinkwasser, die als ein zusammenhängendes Problem betrachtet wurden). Einer/fünf Befragten hielt den Klimawandel für das größte Problem. 51 %(gegenüber 47 % im Jahr ´09) gaben an, der Klimawandel sei das größte oder eines der größten Probleme, gegenüber 45 %, die dasselbe von der Wirtschaftslage sagten.

+ 78 % stimmten der Aussage zu, dass die Bekämpfung des Klimawandels +die Verbesserung der Energieeffizienz zur Förderung der Wirtschaft +der Beschäftigung in der EU beitragen können(gegenüber 63 % im Jahr ´09). In allen Mitgliedstaaten waren mindestens zwei/drei Befragten dieser Ansicht.

+ 68 % sprachen sich dafür aus, die Besteuerung stärker am Energieverbrauch auszurichten. In jedem Mitgliedstaat war eine Mehrheit für eine solche Verlagerung.

+ Die Öffentlichkeit erwartet, dass sich Europa bis ´50 zu einer klimafreund­lichen Gesellschaft entwickelt, eine Vision, die die Kommission früher in diesem Jahr in ihrem Fahrplan für eine wettbewerbsfähige CO2-arme Wirtschaft entworfen hat.2 Knapp neun/zehn Befragten(88 %) erwarten, dass Europa bis ´50 mehr erneuerbare Energieträger einsetzen wird; 87 % gehen davon aus, dass Europa energieeffizienter sein wird, und 73 % glauben, dass der Antrieb von Pkw effizienter sein wird als heute.

+ Die Bekämpfung des Klimawandels wird vor allem als Aufgabe der nationalen Regierungen, der EU +der Wirtschaft betrachtet. Nur 21 % waren der Auffassung, selber eine persönliche Verantwortung zu tragen, doch weitere 23 % erklärten spontan, dass alle Akteure(sie selbst mit eingeschlossen) eine gemeinsame Verantwortung haben.

+ Nur knapp >die Hälfte der Befragten(53 %) gaben an, sie hätten in den vergangenen sechs Monaten Maßnahmen irgendeiner Art zur Bekämpfung des Klimawandels getroffen. Dieser Anteil erhöhte sich jedoch, als gefragt wurde, was im Einzelnen unternommen worden war: So erklärten 66 %, sie hätten ihre Haushaltsabfälle reduziert +recycelt, was die am stärksten verbreitete Maßnahme darstellt. ...
www.klimaktiv.de/article101_12397.html
http://ec.europa.eu/public_opinion/archives/ebs/ebs_372_en.p…

[Popeye82]

Rhein-Main: 89 Prozent "könnten" heute bereits mit dem E-Auto zur Arbeit; Anschaffung zu teuer, Reichweite zu gering. So lautet die gängige Aussage über heutige Elektroautos. Diese Aussage konnten Forscher im Raum Frankfurt aber nur bezüglich der Kosten bestätigen. „Sozialwissenschaftliche Begleitforschung zur Elektromobilität in der Modellregion Rhein-Main“ lautet der Titel eines Forschungsprojektes mit einem Beitrag der Fachgruppe Verkehrsplanung &Öffentlicher Verkehr der Fachhochschule Frankfurt am Main(FH FFM), das jetzt abgeschlossen wurde - KA - Oct 7, 2011
www.klimaktiv.de/article270_12391.html

[Popeye82]

Transit Holdings Memorandum of Understanding - AI - 13-Oct-2011
www.australianinvestor.com.au/news.asp?id=41911
http://stocknessmonster.com/news-item?S=TRH&E=ASX&N=561128

"Transit Holdings has announced that its 90% owned joint venture vehicle K2O Utah LLC (K20 Utah) has executed a Memorandum of Understanding (MOU) with the United States Bureau of Land Management concerning exploration for potash on Federal Lands on the Paradox Basin Potash Project.

The MOU establishes an understanding between K2O Utah and the BLM regarding respective responsibilities, procedures to be followed, and conditions to be adhered to for the exploration and leasing of the potash resource that may exist within the prospecting area of interest on Federal Lands in the Paradox Basin. The MOU provides clarity and guidance for the approval process relating to K2O’s intention to drill 4
exploratory core holes on federal lands. This MOU has a schedule of six months for the

BLM to publish a final Environmental Assessment (EA) with a decision record (DR) and findings of no significant impact (FONSI). This six months period is a mutually agreed schedule which is dependent on a number of factors including the completeness of the documents lodged with the BLM, and technical and legal acceptability including a final approval from the BLM.

K2O Utah will work diligently to comply with the MOU’s requirements in order to have the opportunity to further develop this significant potash opportunity. "

[Popeye82]

EMED Mining - Political Support for Rio Tinto Mine; received confirmations of support from the major opposition party Partida Popular, all local municipalities, the labour union which represents site personnel, the association of former personnel of the previous mine operator +representatives of local unemployed people - October 12, 2011
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

MOD Resources - to Explore NZ`s Largest Undeveloped Gold; reached an agreement with a wholly owned subsidiary of OceanaGold Corporation(ASX:OGC) to earn up to 80% of New Zealand's largest undeveloped gold deposit, Sams Creek. Sams Creek currently hosts a JORC compliant inferred gold resource of 770,000 ounces, &the resource is estimated from only 10% of the known 6km strike length. Drilling programme is planned to begin in November ´11 - Oct 13, 2011
http://stocknessmonster.com/news-item?S=MOD&E=ASX&N=561088

[MrRipley]

Antwort auf Beitrag Nr.: 42.205.787 von Popeye82 am 12.10.11 23:35:51

einfach lachhaft.
Momentan hat die Sonne 4 Sonnenflecken, zwei davon sehr groß - Rekord!
Der Zyklus dauert 11 Jahre, 20011/12 ist der Höhepunkt, es sind demnach Satellitenausfälle zu erwarten, einer ist schin abgestürzt, der nächste ist kurz davor, aber die Sonne hat KEINE Schuld!!!!

Die Ursache für Klimaerwärmungen, falls sie überhaupt global messbar sind...

[Popeye82]

BioNeutral Group - Signs Agreement With Hamilton Research to Market +Distribute Its Ygiene(R)-206 to the Veterinary Market; recently US/EPA approved, ready to use Ygiene-206 Sterilant has received acclaim in life science circles for its ability to kill ALL dangerous microorganisms with a dramatic increase in speed +power over its rivals in the marketplace. Ygiene's two in one full range multi-purpose cleaning properties combined with its non-toxic, non-corrosive killing power make this new game changing technology a devastating weapon against the spread of infections in all sectors of health +medical care, Ygiene-206 is completely environmentally safe; Ms. Meg D. Hamilton: "We @Hamilton Research are always vigilant to remain on the cutting edge of technology in all areas of our industry +business. Frankly, when I 1st heard about BioNeutral's Ygiene product I was skeptical to say the least, as it basically just sounded too good to be true. However, following our own scientific team's diligence on the product +its ultimate validation of being everything BioNeutral claimed it to be, I saw a real business opportunity. The introduction of Ygiene-206 Sterilant into the Veterinary market will require a process of educating the end users as to Ygiene's multiple benefits versus the current predominantly bleach based products being used. Just its non-corrosive properties alone will save end users thousands of dollars in replacement costs for corroded instruments +equipment. We plan on introducing Ygiene-206 to the industry via a sequence of several Veterinary trade shows, direct advertising +on site demonstrations @Veterinary hospitals +DVM schools prior to year's end. I believe in working together with BioNeutral we will make these new innovative products a cornerstone in animal production +veterinary medicine", Stephen J. Browand: "Having an impressive technology forward company such as Hamilton Research to 1st validate +then commit to introduce, market +distribute our Ygiene-206 Sterilant into the animal care market is a significant advancement for the company's long term growth strategy. Meg Hamilton +I have been in discussions since April of this year, +one thing is certain: the Hamilton Research team does their homework, +they will only represent products that are independently validated to be on the cutting edge of their presented technology platform. I am confident that given Hamilton's proactive marketing approach +stellar industry reputation as an innovator +leader make them the ideal company to launch Ygiene® into the Veterinarian market. This fact combined with their global distribution network, positions both companies for a long +mutually beneficial relationship" - Oct 13, 2011
http://finance.yahoo.com/news/BioNeutral-Group-Signs-iw-4111…

[Popeye82]

Volta Resources - Drills 121.15m @2.10 g/t Gold, @its Kiaka Gold Project in Burkina Faso - Oct 13, 2011
http://finance.yahoo.com/news/Volta-Resources-Drills-121-cnw…

[Popeye82]

Blackline GPS - ProgressTM Logistics Service Featured Prominently in National Advertising Campaign; N. Pitt: "Customers find this service invaluable as their vehicle is carefully transported by ground &requires time to reach its destination. Customers then know the precise location of their shipment, rather than the last known city or waypoint, which provides peace of mind &allows them to plan ahead, to the minute. We chose to feature Blackline as a prominent part of our service since we found that >90 percent of our customers elect to use the Progress™ service" - Oct 13, 2011
www.marketwire.com/press-release/blacklines-progress-logisti…

[Popeye82]

EnWave - Signs New Collaboration Agreements With Milne Fruit Products Inc.; a leading American fruit processor - Oct 13, 2011
www.marketwire.com/press-release/enwave-signs-new-collaborat…

[Popeye82]

PMI Gold - Obotan Gold Resource >Triples , to 3.22Moz Measured &Indicated, &1.29Moz Inferred - Oct 14, 2011

HL:

+ Interim JORC/NI 43-101 resource update @PMI’s flagship 100%-owned Obotan Gold Project(Ghana) >triples the project’s global gold resource, comprising:

- Measured Resources - 14.67 million tonnes @2.66g/t for -1.22 million Au ounces

- Indicated Resources - 27.50 million tonnes @2.32g/t for -2.00 million Au ounces

- Inferred Resources - 17.54 million tonnes @ 2.35g/t for - 1.29 million Au ounces


+ 76% of resources(2.50Moz Measured &Indicated grading 2.54g/t &1.02Moz Inferred grading 2.54g/t) fall within the main Nkran deposit

+ The resource represents an increase in overall resource grade &delineation of a high-grade core

+ Results from an additional 75 holes / 18,783 metres of extensional &in-fill drilling are not included in this interim(Pre-Feasibility Study) resource upgrade &are to be incorporated with results from ongoing
drilling in an anticipated resource upgrade in Q1 ´12

+ The interim resource estimate for the Obotan deposits(Nkran, Abore, Adubiaso &Asuadai) will be incorporated into the Pre-Feasibility Study mine plan scheduled for completion by December 31, ´11

+ The significant size &strong grade of the interim resource demonstrates the potential for a substantial &long-life gold project @Obotan

+ Significant scope for future resource increases – Obotan resources remain open @depth &also offers the potential for strike extension which are to be tested by ongoing drilling

+ Obotan resource drilling activities are ongoing &exploration activities @Obotan, Kubi &within the Asankrangwa projects are starting to ramp up

+ Strong cash position of $21.5M as @30 September ´11 ...
www.asx.com.au/asxpdf/20111014/pdf/421rbqv38s1v8c.pdf

[Popeye82]

Sex bei Fallschirmsprung?; US-Luftfahrtbehörde ermittelt wegen möglichen Verstoßes gegen die Flugsicherheit - DPA/W, LOS ANGELES - Oct 15, 2011
http://web.de/magazine/lifestyle/leben/13912672-sex-beim-fal…

[Popeye82]

REICHTUM mit System für JEDERMANN
www.amazon.de/gp/product/385022239X?ie=UTF8&tag=wso-thread-0…

[Popeye82]

Ironbark Zinc - MOU with Major Chinese Group, one of China’s leading construction &engineering groups - Sep 1, 2011
http://stocknessmonster.com/news-item?S=IBG&E=ASX&N=555547



$50M Facility with Glencore - Oct 14, 2011

+ US$50 million funding facility with Glencore provides Ironbark with access to significant cash funding for Ironbark to pursue acquisition opportunities

+ Facility places Ironbark in a very strong position to create a leading international base metals company @a time when the Company believes considerable acquisition opportunities exist

+ Conversion price of A$0.42 for the 1st US$30 million(@Ironbark or Glencore’s election to convert)&A$0.50 for the next US$20 million(@Glencore’s election to convert) - a premium to Ironbark’s recent share price

+ Ironbark has agreed offtake &marketing arrangements with Glencore in respect of a portion of the Company’s production, including from the Citronen Project &in respect of any production acquired through an acquisition utilising the Facility

+ A proportion of the Citronen offtake has been preserved for future dealing with special consideration given to project partners such as China Nonferrous Metal Industry’s Foreign Engineering &Construction Co. Ltd (“NFC”) ...
http://stocknessmonster.com/news-item?S=IBG&E=ASX&N=561236

[Popeye82]

Strathmore Minerals - Updates Mine Permitting +Mill Licensing Activities, @Roca Honda Uranium Development Project, New Mexico; mill license application to the Nuclear Regulatory Commission("NRC") is expected to be submitted in mid-´12; Progress continues with the technical review process, which will ultimately lead to the completion of the Environmental Impact Statement by December ´12 - Oct 14, 2011
http://tmx.quotemedia.com/article.php?newsid=45244489&qm_sym…

[Popeye82]

Union breaks off talks, @Freeport's Peru mine; A Peruvian union said on Friday it has broken off talks with Freeport-McMoRan to reach a labor contract that would end a bitter 16-day-old walkout @the Cerro Verde mine, which supplies 2% of the world's copper. Leoncio Amudio, a union leader, said it was now up to the government to intervene +define a wage accord for the copper pit - MW/Reuters - Oct 14, 2011
www.miningweekly.com/article/union-breaks-off-talks-at-freep…

[Popeye82]

1st Quantum committed to Zambia – Pascall; Vancouver-based 1st Quantum is committed to Zambia &looks forward to a fruitful partnership with the Michael Sata-led administration, chairperson &CEO Philip Pascall said this week, following a meeting with the new president. He said Sata’s willingness to engage with foreign investors to strike a balance between building a more prosperous nation, &ensuring that Zambia remains an attractive destination for foreign capital was "encouraging" - MW, JOHANNESBURG - Oct 14, 2011

- H. Lazenby -
www.miningweekly.com/article/first-quantum-committed-to-zamb…

[Popeye82]

Zimbabwe mining sector grows, but "challenges remain"; Zimbabwe is endowed with significant coal resources, particularly in the north-west +southern regions, +it has been estimated that, while the country has not yet been fully explored +developed, it holds about 26 500-million tons of mineral resources, of which 10 500-million tons are potentially extractable. While the country has seen positive economic growth over the past two years, political uncertainty +murky waters continue to retard potential mining growth; Coal production since ´09 has increased, to 2.5-million in ´10, Medium Term Plan(MTP) calls for rise to 7.15-million tons/year from ´11 to ´15 - MW, JOHANNESBURG - Oct 14, 2011

- N. Odendaal -
www.miningweekly.com/article/zimbabwe-mining-sector-grows-bu…

"Zimbabwe is endowed with significant coal resources, particularly in the north-west and southern regions, and it has been estimated that, while the country has not yet been fully explored and developed, it holds about 26 500-million tons of mineral resources, of which 10 500-million tons are potentially extractable.

While the country has seen positive economic growth over the past two years, political uncertainty and murky waters continue to retard potential mining growth.

Coal production fell from 3.81-million tons in 2000 to some 1.9-million tons in 2009, after Hwange Colliery Company (HCC) and Riozim’s Sengwa coal mine suffered unsuccessful recapitalisation and aging equipment, said market research company GlobalData project manager Abhishek Khurana.

Coal production has since increased, to 2.5-million in 2010, and is expected to remain the same this year. About 1.246-million tons of coal was produced during the first seven months of 2011, said Zimbabwe Chamber of Mines president Winston Chitando at this year’s Zimbabwe Mining Indaba, in Harare.

Zimbabwe’s Medium Term Plan (MTP) calls for coal production to rise to 7.15-million tons a year from 2011 to 2015 through the successful recapitalisation of HCC, efficient use of the colliery’s dragline and higher underground production.

However, while the mining industry’s opportunities look promising, credible investors remain hesitant because of the country’s glaring political risk.

In addition, erratic power supply, inefficient rail transportation, the rising cost of production, constraints in the supply of services, illiquidity in the financial services sector and difficulties in raising long-term capital are slowing progress, Mines Minister Obert Mpofu acknowledged.


Powering Up

Speaking at the Indaba, Economic Planning and Investment Promotion Minister Tapiwa Mashakada emphasised that investment in the energy sector was the key to mining growth.

While power interruptions cause significant production interruption, they also highlight investment opportunities into exploration, mining and handling of energy minerals such as coal.

The government had awarded 20 grants for coal exploration and mining in a bid to satisfy projected demand from local power stations, and some of these coal exploration projects had progressed significantly, added Chitando.

Khurana pointed out that two planned salient coal power projects, the Western Power project and the Gokwe North project, were expected to tap over two-billion tons of the country’s known coal reserves.

The Western Power project, in Hwange, would exploit one-billion tons of steam coal reserves, 900-million tons of which would be from the Western area, while 100-million tons would be sourced from the Sinamatela region.

The Gokwe North project is estimated to have 1.3-billion tons of coal reserves on a 4 735 ha coal mining area, and has the potential for 1 400 MW power plants comprising three 350 MW generators.

The projects would have a combined output of 1 200 MW from four 300 MW generators.

The Chamber of Mines, through its power development committee, had maintained liaison with power utility Zimbabwe Electricity Supply Association (Zesa) regarding the erratic power supply challenges. Government had also approved 13 power station projects with a combined capacity of 4 000 MW, Chitando said.

Of the area’s 140-million tons of coking coal reserves, 128-million would be mined underground at depths of 350 m, while the remaining 12-million tons of coking coal would be mined by opencast methods.


Capital Injection

Zimbabwe requires an estimated $6-billion to $8-billion in mining investment over the next five to eight years to restore and improve production capacity at existing mines.

A significant quantity of the country’s commodities is currently transported by road, owing to inadequate rail infrastructure. Zimbabwe’s road network is being resurfaced and dualised, while the country works on plans to develop rail stock and ensure rail networks cover all routes to ports. There is a need for investment in the rail system to improve capacity and efficiency.

The MTP also deals with water supply and improved sanitation, and projects on which the growth of the mining sector will critically depend will need new foreign direct investment (FDI).

However, the unpredictable fiscal and sociopolitical environment, instability of exploration terms and conditions, and indigenisation laws had failed to attract enough FDI in the coal industry, Chitando added.


Local Ownership

The government, under its controversial indigenisation laws, has ordered Zimbabwe-based foreign mining companies to surrender 51% of their shares to local Zimbabweans, which is expected to have a negative effect on investments in the mining sector, Khurana said.

Mashakada said that, while foreign investors were encouraged to seek local partners, the partnership would not be valid unless the local partner raised the 51% capital cost for the project in terms of the shareholding.

However, Mpofu emphasised that the mining licences of companies failing to comply with Zimbabwe’s indigenisation law had not been, and would not be, revoked while the Zimbabwe of Chamber of Mines was in discussion with the country’s government and the affected parties on the best route to implement the law for the maximum promotion and development of Zimbabwe’s mining industry, while accommodating all parties’ aspirations.

“Government remains committed to facilitating a good operating environment for sustainable development of the industry. Great strides have been made in the Mines and Minerals Act, Chapter 21:05, to ensure there is confidence and minimal ambiguities with regard to indigenisation,” said Mpofu.

The aim of indigenisation is to enable the participation of previously disadvantaged individuals in the mining industry to create collective ownership and common interests among the investors, government and communities.

“The majority of the indigenous companies and individuals require strategic partnerships for technical expertise, technology and funding to enhance their efficiencies, which can create more investment opportunities,” Mpofu said.

Mashakasha stated that, in line with indigenisation aims, a sovereign wealth fund (SWF) was currently being established by government to ensure future generations benefit from the country’s resources. As soon as the legislation was in place, the government would announce the terms of the SWF.

Youth Development Indigenisation and Empowerment Minister Saviour Kasukuwere explained that the SWF would house all shares that belonged to future generations as the natural resources were exploited. The key aim of the SWF was to distribute wealth equitably, empower development pro- grammes and projects, create sustainable long-term capital growth and promote economic development.

“Zimbabwe has experienced ten years of difficult challenges and one of the many lessons learnt is that a country that does not control its own economy is susceptible to foreign influences that can harm the national economy,” he said.

Mashashaka said the mining sector had a critical role to play in economic development and the government would not do anything to halt the sector’s growth.

“Any new policy that seeks to transform the economy to benefit the majority will face disruptions; however, it is the government’s hope that the measures taken will not destabilise the country’s economy,” he added.

Meanwhile, the government had increased exploration fees for new coal projects from $20 000 to $1-million in February. It was expected that this hike in fees would also discourage new investments in the industry, said Khurana.


Strained Finances

Financial services have remained constrained and do not have the necessary liquidity to support the requirements of mining com- panies. The financial products or loans currently offered to the mining sector are short-term and expensive and, as a result, are limited to capital support.

However, while financial challenges are still being faced, Chitando said projects valued at $941-million had been approved in the first six months of this year, compared with $131- million in the same period last year.

“Further, mining activities and projects accounted for $260-million in 2011, compared with $80-million last year. These figures indicate an appetite for investment,” Chitando added.

Mashashaka pointed out the mining sector contributed 8.5% of the 5.7% overall economic growth in 2009 and accounted for 47% of the 8.1% growth last year. This year, the economy was projected to grow to 9.3%, with the mining sector contributing 44%.


Company Updates

HCC is recapitalising to increase underground mine production capacity by 150 000 t/m of coking coal in efforts to meet the increased demand from a recovering market.

The company has an installed coal production capacity of 500 000 t/m; however, it currently operates at only 300 000 t/m – 200 000 t/m of coal is supplied to power stations, while the remaining 100 000 t/m is supplied to industry.

“Currently, there is a shortage of supply to industry, as HCC is not meeting the demand, owing to aging equipment. Most of the company’s equipment is over ten years old, with a low efficiency,” HCC MD Fred Moyo told Mining Weekly.

Further, equipment suppliers are unable to service the equipment or supply spare parts. HCC has started attempts to manufacture its own spare parts in efforts to mitigate this. However, the move is not sustainable.

The demand for coking coal is driven primarily by coke export opportunities, parti-cularly into the Democratic Republic of Congo and Zambia, as well as potential new demand from Zimbabwe Iron & Steel Company.

The recapitalisation of the underground mine, which will cost between $40-million and $45-million, will be undertaken over two years, mainly owing to the standard long lead-times from manufacturers.

Meanwhile, coal-mining company LontohCoal has completed a scoping study for a five-year project of between $5-billion and $7-billion to develop a 50 000 bl/d coal-to-liquid plant at the Lubimbi coalfield. A detailed design is currently being undertaken, said LontohCoal CEO Tshepo Kgadima.

“A scoping study is also under way for the development of a 1350 km coal slurry pipeline, extending from Zimbabwe to Mozambique, with a capacity of between 15-million tons and 18-million tons a year throughput. The project is expected to be completed in the next three years,” he added.

LontohCoal aims to list the company on the Hong Kong stock exchange mid-2012.

Mining company Sable Mining noted that historical work at the Lubimbi project had shown in situ coal in excess of one-billion tons.

Mining Weekly reported in July that Sable Mining, through its wholly controlled subsidiary Somedon Investments, acquired a 49% stake in Zimbabwe mining company Liberation Mining, which owns the Lubimbi coalfield.

Previous results suggest high-grade thermal coal and a soft or blend coking coal can be produced.

Lubimbi is a medium-coking and thermal coal deposit with a 400-million-ton mine- able coal reserve on an 850 ha block in the Gwaai area of the Kariba coal basin, in Zimbabwe.

Further, drilling is under way at Sable Mining’s 786-million-ton resource, the Lubu coal project, in the Karoo mid- Zambezi coal basin.

The company believes there is a strong likelihood of a resource of over two-million tons between the two projects. "

[Popeye82]

Trevali Mining - Finalizes Halfmile Mine Project Toll-milling +Concentrate Offtake Agreement, with Xstrata; will purchase 100% of Halfmile mine production, @benchmark terms under the toll milling agreement - Oct 14, 2011
www.trevaliresources.com/s/NewsReleases.asp?ReportID=485216&…

[Popeye82]

Rio Tinto to study pricing iron-ore -in yuan ; though "it had no current plans to do this" - MW/Reuters, MELBOURNE - Jun 3, 2011
www.miningweekly.com/article/rio-tinto-to-study-pricing-iron…

[Popeye82]

Chinese mills offered better Q4 iron ore pricing options - "sources" - MW/Reuters, SHANGHAI - Oct 14, 2011
www.miningweekly.com/article/chinese-mills-offered-better-q4…

"A number of Chinese steel mills have been given the option to buy iron ore for the fourth-quarter based on October to December spot rates, instead of a common industry practice to buy on prices based on previous months.


Three mill sources briefed on the change told Reuters that miners, such as Vale SA , have offered Chinese mills' the option to pay for fourth quarter supplies based on more current rates, following the recent tumble in ore prices.

"We received a letter from Vale asking us for our opinion of changing fourth-quarter pricing to be based on October-December spot rates," said a source with one of China's mid-sized steel mills.

The spokeswoman at Vale was not immediately available for comment.

Reuters reported on Thursday that Chinese mills were seeking to postpone shipments or renegotiate fourth-quarter iron ore contracts.

Currently, prices for quarterly contracts are generally based on the average index prices over a three-month period ending a month before the start of each quarter.

That means that prices for the fourth quarter would normally have been based on average spot prices from June to August, when prices were higher than now.

Platts 62% grade index prices from June to August stood at an average $175.63/t, cost and freight, down marginally from $176.96 in March-May, the basis for third-quarter pricing.

Platts' index, which tracks Chinese import prices, has shed more than $20/t, or 13%, since early September to its lowest since November last year, ending Thursday at $160/t. Other key indices have also slumped. "

[Popeye82]

Mining Summary - LC - Oct 17, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Central Petroleum - To Commence Drilling; Central has previously reported independent estimates provided by RPS Energy, subject to confirmation of visual hydrocarbon saturation by electric logging, pressure data +flow testing, that one 9m zone alone in the already drilled section of Surprise-1 has the ability to flow @between c.500 to c.1,000 barrels/day - Oct 17, 2011
http://stocknessmonster.com/news-item?S=CTP&E=ASX&N=561473

[Popeye82]

Pan Asia - Massive 115% Increase in TCM Project JORC Resource - Oct 17, 2011

HL:

+ JORC Resource increased from ~53 million tonnes to ~114.6 million tonnes (measured, indicated &inferred) @Pan Asia’s high CV(~6500 + kcal/kg adb) flagship TCM Coal Project

+ Represents a massive 115% increase in JORC resource

+ Newly identified Measured Coal Resource of 35.6 million tonnes

+ while the Company had always anticipated an upgrade to its JORC resources could be made during the current drilling phase, the size of the upgrade had greatly surpassed expectations ...
http://stocknessmonster.com/news-item?S=PZC&E=ASX&N=561552

[Popeye82]

earth Heat Resources signs Letter of Intention - AI - 18-Oct-2011
www.australianinvestor.com.au/news.asp?id=41935
http://stocknessmonster.com/news-item?S=EHR&E=ASX&N=185000

"Earth Heat Resources Limited has announced the signing of a Letter of Intention & Heads of Agreement (‘LOI’), for a power purchase offtake in Argentina with Electrometalurgica Andina SAIC.

HIGHLIGHTS:

• Initial allotment of 30MWe per annum with significant potential for further expansion
• Power to be supplied from a Geothermal power project in Argentina
• Signing of another LOI underscores the strong demand for power in Argentina - a market where Earth Heat is extremely well positioned
• The parties intend to cooperate and amalgamate technical and professional skill sets to facilitate a direct investment of the Customer, either in Copahue or in other energy projects
developed by Earth Heat,
• Subject to satisfaction and waiver of certain conditional precedents, the parties will enter into a binding power purchase agreement (‘PPA’)

Earth Heat Managing Director, Torey Marshall commented, “The Company is genuinely excited to be in a position to announce the signature of another LOI for power offtake in Argentina. We also have an extremely positive outlook on the overall intentions of Electrometalurgica. "

[Popeye82]

Algae.Tec - has received regulatory approvals for the development of an algae demonstration plant in the south of Sydney, plant will utilise the Company's technology that captures carbon dioxide waste +feeds into the algae growth system, offering solutions for carbon emitting companies +industries seeking carbon dioxide reduction technologies - Oct 18, 2011
http://stocknessmonster.com/news-item?S=AEB&E=ASX&N=561204

[Popeye82]

Lydian International - Drilling Extends Resource Potential 1km Southwest of Resource Shell @New "Orontes" Area, Deeper Drilling Intersects 27 Meters @4.2g/t Gold Below Current Pit @Amulsar Project; Armenia; Exploration drilling @new Orontes area intersects 44m at 1g/t gold near surface, resource extension drilling @Arshak intersects 69m at 1.1g/t gold &drilling @Tigranes extends resource potential towards the southeast; P/CEO: "The Orontes area is now a new prospect area in its own right" said Tim Coughlin, Lydian's President and CEO "Further work is required to fully understand the controls on gold mineralization there &we need to resolve just how this mineralization may extend &connect with the current resource. This is very similar to what we are trying to achieve with the Erato area. Deep drilling continues to intersect good gold grades below the current pit outline. RCA-419 is just one of several holes drilled this year that have returned significant gold grades in oxide material @depth. Drilling in the Arshak area continues to return good results &step out holes to the east of the resource continue to show that it remains open in this direction" - Oct 18, 2011
www.marketwire.com/press-release/lydian-drilling-extends-res…

[Popeye82]

Kivalliq Energy - ´11 Field Season Successfully Completed; >30,000 Metres Drilled; CEO: "Kivalliq was able to conduct a significant &material exploration program in ´11. We commend our technical team for their dedication &execution, &thank our shareholders for their support during a volatile year in our sector. Our belief in the exploration potential of the Angilak Property, including our ability to expand the Lac Cinquante uranium deposit, remains unwavering. We are confident that the pending results from drilling, prospecting &geophysical targeting will add significant value to this project"; updated 43-101 resource estimate expected by the end of Q1 ´12 - Oct 18, 2011

´11 Exploration Program: Field component summary

+ 23,849 metres of diamond drilling in 153 holes focused on expanding the Lac Cinquante resource &testing new mineralized target areas

+ 6,411 metres in reverse circulation("RC") drilling in 88 holes, testing 25 target areas &identifying new areas for follow-up in ´12

+ 5,470 line kilometres of airborne magnetic, electromagnetic &radiometric surveying

+ 1,640 line kilometres of ground magnetic, VLF electromagnetic &gravity surveys

+ Prospecting, mapping &soil geochemical surveys to advance known &new target areas

+ Ongoing modelling, geological &environmental studies ...
www.marketwire.com/press-release/kivalliq-energy-corporation…
http://kivalliqenergy.com/projects/angilak/program_images/

[Popeye82]

Codelco bid to hurt Anglo American – RBC Capital; The bid by the State-owned Chilean mining company to grab 49% of Anglo American’s Chilean mining assets will deprive the South Africa-created Anglo of some of its planned copper income stream, says the Royal Bank of Canada(RBC) Capital’s equity research team. After Anglo has done all the hard yards @its promising new Los Bronces project in Chile, Codelco is using a 33-year-old piece of paper to justify paying only $6.75-billion for 49% of Anglo American Sur SA –a multi-billion-dollar discount - MW, JOHANNESBURG - Oct 17, 2011

- M. Creamer -
www.miningweekly.com/article/codelco-bid-to-hurt-anglo-ameri…

[Popeye82]

Horseshoe Metals - Significant Mineral Resource Upgrade, @Horseshoe Lights - Oct 17, 2011

+ Total Measured, Indicated +Inferred Mineral Resource increased to 8.4 Mt @1.1% Cu &0.14 g/t Au for 91,400 tonnes Cu &36,400 oz Au above a cut-off grade of 0.5% Cu.

+ 90% increase in contained copper over previous Mineral Resource estimation. ...
http://stocknessmonster.com/news-item?S=HOR&E=ASX&N=561454

[Popeye82]

China's Baotou Rare-Earth suspends facilities for one month -in an "effort to stimulate the market" - MW/Reuters, SHANGHAI - Oct 18, 2011
www.miningweekly.com/article/chinas-baotou-rare-earth-suspen…

"China's Baotou Steel Rare-Earth Hi-Tech said it will suspend its smelting and separation operations for one month from Wednesday, in an effort to stimulate the market.

Baotou Rare Earth, China's top rare earths producer, said in a filing to the Shanghai Stock Exchange on Tuesday that the move was aimed at supporting Beijing's efforts to preserve rare earth resources and end a sustained decline in prices.

"In the circumstances of a continuing fall in prices, tepid demand and oversupply, Baotou will halt smelting and separation at its processing units from October 19 to further stabilise the market and balance supply and demand," it said.

Most of China's rare earth prices remained unchanged last week from two weeks ago, but a few in the complex fell -- a sign that the industry is still in a correction cycle from sky-high levels seen earlier this year after Beijing tightened controls over production and mining.

The company will stop supplying rare earth ores to its own processing plants and other external plants, it added.

It is not the company's first attempt to stem the decline in rare earth prices. Last month, it decided to buy an unspecified volume of praseodymium-neodymium oxide at above market prices.

China has resolved to streamline the chaotic rare earth sector by encouraging consolidation and cracking down on illegal private production, cited as the key reason for the decline in prices over the past few months.

It has imposed a national output cap of 93,800 tonnes for 2011, and has vowed to crack down on producers that exceed their quotas.

It launched a four-month inspection campaign at the beginning of August to ensure that production quotas, pollution standards and consolidation targets were being met.

The industry ministry said in a statement posted on its website last Friday that it planned to "strengthen monitoring and inspections" in the coming months, saying that it would pay particular attention to punishing traders and processors that receive illegally-mined rare earth products.

The region of Inner Mongolia in China's northeast, the source of most of the country's light rare earths, has forced a number of small firms to merge with Baotou Rare-Earth , and has also been cutting off electricity supplies to private producers to force them to shut down, local media reported.

With incentives high for private producers, China has traditionally struggled to impose its will on the sector. Total output exceeded the production quota by around 40,000 tonnes last year, and traders also resorted to smuggling in order to get round a strict export cap.

For a Q&A on China's rare earth sector crackdown:

According to local media reports, unlicenced private firms in Inner Mongolia are still able to obtain rare earth ores by disguising shipments as iron ore. "

[Popeye82]

Legacy Iron Ore - Executes Share Subscription Agreement with NMDC - Oct 18, 2011

+ Binding Share Subscription Agreement with NMDC executed

+ Placement for $18.89m cash injection

+ Drilling @Mount Bevan on track to double resource &earn 60% Joint Venture interest by 1st Quarter ´12

+ AGM to be held in November ´11 to vote on Placement

+ NMDC indicates intention to spend $500m on overseas acquisitions

+ NMDC "indicates their commitment" to underwrite estimated $1.3 billion Mt Bevan development capex

+ Advanced discussions on Australian iron ore &other projects subject to Legacy shareholders approving the Placement

+ Board examining ways to spin off coal, iron ore &gold assets to realize better valuation ...
www.legacyiron.com.au/LCY11-077 Executes Share Subscription …

[Popeye82]

Advanced Explorations - Intersects 196 Metres of 31.32% Iron, @Tuktu Project; P/CEO: "The Company is pleased with the successful completion of the Tuktu1 drill program. Our focus now is completing the NI 43-101 resource estimate expected to be released soon. The drilling @Tuktu1 has tested only ~10% of the BIF strike within the Tuktu claim group indicating the resource potential of this area. Together with the other strike extensive BIF in the Roche Bay area, the Melville Peninisula is emerging as a significant iron ore district. We have accomplished much in ´11, &through drilling, mapping, sampling &observation, our understanding &knowledge of the Banded Iron Formations &the associated rock suites of the Melville Peninsula continues to grow" - Oct 18, 2011
www.marketwire.com/press-release/advanced-explorations-inc-i…

[Popeye82]

Havilah Resources - Glencore takes a significant stake in Havilah - Oct 14, 2011
http://stocknessmonster.com/news-item?S=HAV&E=ASX&N=184976

[Popeye82]

Cyclone Power Technologies - &Phoenix Power Group Reach Milestone in Commercialization of Waste Oil Engine System; have successfully completed fabrication, assembly &initial testing of the 1st pre-production Waste Heat Engines(WHE-25) manufactured by TopLine Energy Systems, This milestone – from prototypes to completed pre-production engines - represents a critical advancement for the Phoenix-10 Waste Oil Power Generator(P-10), scheduled for commercial production in ´12 - Oct 18, 2011
http://finance.yahoo.com/news/Cyclone-Power-Technologies-bw-…

[Popeye82]

Tanzania in $3bn Chinese coal, iron ore deal - mmx/Reuters - Sep 22, 2011
www.miningmx.com/news/energy/Tanzania-in-3bn-Chinese-coal-ir…

"CHINA'S Sichuan Hongda Co. Ltd. has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, local media said on Thursday.

The investment involves construction of the Mchuchuma integrated coal mine, a 600MW thermal power station and the Liganga iron ore mine in southern Tanzania.

Dubbed the single-biggest investment deal in east Africa, Sichuan Hongda will own 80% of the joint venture project, with the remaining stake held by Tanzania's state-run National Development Corporation (NDC).

China has been increasing its footprint in Africa as it scrambles for oil and raw materials, bought in exchange for low-cost consumer goods.

NDC first announced the planned $3bn investment by the Chinese firm in January.

"An article in the agreement provides ... that NDC could increase its shares to 49% after the Chinese company has recovered costs of investment," Tanzania's state-run newspaper Daily News quoted Industry and Trade Minister Cyril Chami as saying at the signing of the deal on Wednesday.

Tanzania passed a new mining law last year, paving the way for the state to own a stake in major mining projects.

China, the world's largest consumer of iron ore, has signed a number of deals in Africa to secure supplies of the resource.

NDC said early studies indicated that the Liganga area was rich in iron, vanadium and titanium minerals. Reserves are estimated to be between 200 and 1,200 million metric tonnes, with 45 million already proven through drilling.

The Mchuchuma deposits have more than 480 million tonnes of coal reserves, according to government estimates.

Sichuan Hongda and NDC have formed a joint venture company, Tanzania China International Mineral Resources (TCMR), to build the coal and iron ore mines.

Tanzania said Sichuan Hongda had already secured $600 million initial financing from Chinese banks to kick start the investment, with implementation of the projects expected to start within six months.

NDC said the Chinese firm won the bid after 48 international firms expressed interest in the projects.

China and Tanzania are this month expected to sign a $1.06bn loan deal to build a natural gas pipeline from the south of the country to its commercial capital, Dar es Salaam.

Tanzania is also seeking a $400 million loan from Beijing to build another coal-fired power plant in the Mbeya region. "

[Popeye82]

EastCoal - Warrant Exercises - Oct 18, 2011
www.marketwire.com/press-release/eastcoal-inc-warrant-exerci…

[Popeye82]

Mantle Mining - 50 Metre Thick Coal @Bacchus Marsh, contains an Exploration Target of 1-2 Billion tonnes brown coal - Oct 17, 2011

HL:

+ The 1st 4 holes of a 15 hole drill program have been completed.

+ In excess of 50m coal thickness was intersected in 2 of the holes.

+ Total cumulative coal thickness intersected in the 4 holes was >25% increase on that predicted(146m Vs 116m).

+ The program is designed to report an Inferred Resource in accordance with the principles +guidelines of the JORC Code. ...
http://stocknessmonster.com/news-item?S=MNM&E=ASX&N=561439

[Popeye82]

Quantum Rare Earth Developments - is the Focus of Conservative Speculator Report - Oct 17, 2011
www.marketwire.com/press-release/quantum-rare-earth-developm…

[Popeye82]

Vanoil Energy - Signs MOU With Syracuse University to Commence High Resolution Seismic Program, @Lake Kivu Rwanda - Oct 17, 2011
www.marketwire.com/press-release/vanoil-signs-mou-with-syrac…

[Popeye82]

Affrero Mining - Strong magnetic target identified @Ntem - Oct 19, 2011

HL:

+ Target strike length of 2km, with maximum width of 1km

+ Strongly modelled magnetic signature defines new target

+ Located 80km from the Government-proposed deep-water port @Kribi

+ <10km from the proposed rail corridor

+ Results expected in 1H ´12 from initial exploration programme ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

H2O Innovation - Rewarded Three Times in the ´11 Deloitte Technology Fast 50(TM) Program - Oct 19, 2011
www.istockanalyst.com/business/news/5486613/h2o-innovation-r…

[Popeye82]

Mining Summary - LC - Oct 19, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Montero Mining &Exploration - Establishes An Average of 10.43% TREO in 55 Grab Samples from the NE Zone of Nyati @the Wigu Hill Rare Earth Project, Tanzania - Oct 11, 2011
www.monteromining.com/news/archive/2011/MON-NR19-111011.pdf


Montero announces proposed acquisition of Phosphate Assets in South Africa - Oct 14, 2011
www.monteromining.com/news/archive/2011/MON-NR20-141011.pdf

[Popeye82]

Trans Tasman Resources - New Zealand iron sands resource estimate nearly doubles; P. Berend: "The excellent quality of offshore drilling work, using Trans-Tasman´s patented core-drilling rig &onshore sample management, has contributed markedly to this result. The quality data gathered has increased the mathematical confindence of the geological model, which has generated a larger than expected mineral resource. ... While this is an outstanding result it remains an early estimate over a small percentage within the area currently pegged by the company. As the TTR drilling campaign unfolds we expect the mineral resource to increase very substantially in the coming months. To date drilling has been shallow, but as we further implement the recently instigated deeper drilling programme we expect that the resource estimates will increase markedly."; B. Bissett: "This result further boosts our confidence that the very substantial investment in prospecting for iron ore is likely to prove worthwile. Given the waste expanse of underwater black sand we can expect to prove an ocean of iron ore " - Aug 15, 2011
www.ttrl.co.nz/cms.aspx?page=Latest_News_1&flag=5

[Popeye82]

West High Yield Resources - Announces Magnesium Development Plans +Early Results from ´11 Drill Program; Upon completion of the ´11 drill program, the Company will proceed with a NI 43-101 Preliminary Economic Assessment(PEA) Report in respect of the Company's Record Ridge Magnesium Project, anticipated to be completed in early ´12 - Sep 29, 2011
www.marketwire.com/press-release/west-high-yield-announces-m…

[Popeye82]

Rogue Resources - Announces Preliminary Results From Drilling at Radio Hill Iron Project; objective of ongoing drilling campaign is to assess the historical geological model by twinning existing holes &investigating footwall contact with the sediments. Field drill supervision &core logging is executed by SGS Canada Inc.(Geostat Office), also contracted to complete a 43-101 compliant resource estimation, @Radio Hill - Oct 13, 2011

+ Six Holes Completed in Southern Portion of Historic Resource Model, up to 293 metres of Iron Formation Intersected

+ 1,840metres of core sent for Iron Grade Definition Analysis to SGS Laboratory in Lakefield, Ontario

+ Interview with CEO Discussiong initial Results included in Press Release ...
www.marketwire.com/press-release/rogue-resources-announces-p…
http://bit.ly/pNZBMV
http://bit.ly/ok7ize

[Popeye82]

Baja Mining - Announces 1st Draw of US$123.5 Million of Senior Debt for Boleo; Project Remains on Time &on Budget for Production in ´13 - Oct 19, 2011
www.marketwire.com/press-release/baja-mining-announces-first…

[Popeye82]

Mining in Indonesia; Now you own it, now you don’t , China wants coal. But digging it up is a dirty, dangerous business - TE, JAKARTA - Oct 1, 2011
www.economist.com/node/21531017

[Popeye82]

Quest Minerals NL - Maiden High Grade Magnetite Resource: 147 Million Tonnes @36.8% Fe, Perenjori Iron Ore - Oct 18, 2011

HL:

+ Maiden Inferred Mineral Resource of 147Mt @36.8% Fe reported in accordance with JORC guidelines @the Feral Prospect – E70/2227

+ Previous metallurgical testwork indicates magnetite can upgrade to clean high grade(68% Fe) concentrate @relatively coarse grind(45 micron)

+ Mineral Resource primarily based upon 5km of key Eastern Limb with further 4km of mineralised horizon untested by drilling

+ Further Davis Tube Recovery(metallurgical) testwork planned

+ Geological review underway to determine extent of potential mineralisation

+ Close to key infrastructure in developing Mid West Iron Ore region ...
http://stocknessmonster.com/news-item?S=QNL&E=ASX&N=561746

[Popeye82]

Australian carbon tax to hit food sector hard, industry body says ; The Australian Food +Grocery Council(AFGC) has said that operating profits of Australia’s food manufacturers are expected to fall by an average of 4.4% in ´12-13 because of the Federal Government’s carbon tax - FNA - Oct 17, 2011

- Ankush Chibber -
www.foodnavigator-asia.com/Policy/Australian-carbon-tax-to-h…

[Popeye82]

China invests further in food safety measures; In Beijing +Shanghai, authorities have invested in operations in a bid to crack down on food safety breaches throughout China - FNA, BEIJING/SHANGHAI - Oct 18, 2011
www.foodnavigator-asia.com/Policy/China-invests-further-in-f…

[Popeye82]

Mozambique poised for mining growth with $11.6bn project pipeline - MW/Reuters, JOHANNESBURG - Oct 19, 2011

- Brindaveni Naidoo -
www.miningweekly.com/article/mozambique-poised-for-mining-gr…

"Mozambique is poised to become a significant coking coal producer within the next three to five years, with its coal sector accounting for 61% of the total value of the project pipeline, Frost & Sullivan research associate Christy Tawii said on Wednesday.


In a teleconference with mining investors, analysts, investment banks and other interested parties, she said the total value of mining projects across seven commodities was $11.6-billion, of which the coal sector accounted for $7.1-billion.

The coal industry, which is expected to produce 20-million tons a year by 2015, currently comprises 12 projects in a feasibility stage, one in a bankable feasibility study stage and five projects that are under construction.

The country's coal production increased sharply from 25 900 t in 2009, to 35 700 t in 2010.

Tawii said the increase in capital expenditure (capex) reflected mining confidence in the medium to long term. “Capex is expected to rise sharply in Mozambique with investment directed at developing minerals, reserves, equipment purchase and upgrading mining infrastructure.”

Coal exports are also expected to overtake that of aluminium, which has traditionally dominated the country’s minerals sector. Mozambique’s coal exports will be driven by global energy demand, the rise of coal prices and industrialisation growth in India and China.

“This would result in more international companies expanding and investing in facilities and infrastructure in Mozambique,” she said.

Further, the country was on its way to becoming the region’s second-largest coal exporter after South Africa, taking into consideration the production growth, as well as its strategic geographical positioning which would enable lower export costs to countries like India and China.

However, infrastructure constraints, particularly for road and rail transport, power shortages, skills deficit, and the impact on the environment, particularly its water resources, were challenges faced by the fast-growing coal sector.

For example, the Mozal smelter in Mozambique consumes 950 MW of power currently, but with future phased expansions, this is expected to increase to 1 370 MW.

“This expansion is likely to delay the expansion of existing mines and new mines,” Tawii said. However, three miners are looking to invest in own power generation of 5 900 MW.

While the country’s regulatory environment was considered time consuming, which could discourage prospective investors, Tawii said the government was showing strong signs of creating a friendly mining investment environment.

“Unlike South Africa, there are no black economic empowerment requirements, mostly no restrictions on repatriation of profits and extent of foreign investment ownership. Further, the awarding of mining rights was on a ‘first come, first serve’ basis [in accordance with the law],” she explained.

Meanwhile, foreign direct investment (FDI) in the past decade into the mining industry was $6.12-billion, comprising the largest FDI investment in the country, and it is expected mining’s contribution to gross domestic product will grow from 3% to 7% by 2015.

This is expected to spur growth of other supporting industries, Tawii concluded. "

[Popeye82]

UN draft resolution would hit Eritrea mining - MW/Reuters, UN - Oct 18, 2011
www.miningweekly.com/article/un-draft-resolution-would-hit-e…

"Mining companies would be banned from investing in Eritrea's potentially booming minerals sector under a draft UN resolution that Security Council members are due to start negotiating on Tuesday.


The council is weighing the investment ban, as well as an import ban on Eritrean minerals and other measures to add to existing sanctions against the Horn of Africa state in retaliation for Eritrea's alleged support of Islamist rebels in Somalia. Eritrea denies supporting the rebels.

But diplomats said some of the toughest provisions in the proposed resolution, which has been drafted by Gabon, faced opposition from some members of the 15-nation council, meaning the final text could be watered down.

Proposals by an East African bloc to toughen sanctions on Eritrea have been stalled for three months as the search went on for an African state sitting on the Security Council to sponsor them.

The Inter Governmental Authority on Development, or IGAD, which groups seven East African states, called in July for more sanctions to hit the Eritrean mining sector and remittances.

Eritrea has blamed its rival Ethiopia, from which it split away in 1993, for the drive. In a letter this month to the council it urged the body to "reject Ethiopia's current hostile campaign" and immediately lift all sanctions against it.

The new draft, a copy of which was obtained by Reuters, says that "all states shall prohibit investment by their nationals, persons subject to their jurisdiction and firms incorporated in their territory or subject to their jurisdiction in the extractive industries and mining sectors in Eritrea."

It also says all states shall prohibit the import of gold and other raw materials from Eritrea.


DIASPORA TAX

The draft also seeks to block payment of a 2% "diaspora tax" on their incomes that Eritreans working abroad are expected to pay to their local Eritrean embassy.

Eritrea is seen as being on the brink of a minerals boom that could revive its struggling economy. Remittances that it receives from its large diaspora in the West and Middle East are its biggest source of foreign exchange.

The country's most advanced mining project, Bisha, believed to contain gold, copper and zinc, is run by Canada's Nevsun Resources. Earlier this year, Eritrea granted Australia's Chalice Gold Mines two new exploration licenses in a nearby location.

The fresh sanctions drive follows a report by a UN monitoring group in July that found Eritrea continues to provide political, financial, training and logistical support to al Shabaab and other armed groups in Somalia.

Eritrea has denied repeatedly that it funds and arms the Islamist al Shabaab but the accusation prompted the Security Council in 2009 to impose an arms embargo, asset freeze and travel ban on leaders and firms in Eritrea.

The new resolution would add more individuals and organizations to those already under sanctions.

But council diplomats suggested it could be toned down.

"Council members are generally well-disposed towards a strengthening of the Eritrea sanctions regime but several cannot accept the most substantive elements of the draft, particularly those that amount to sweeping economic sanctions," one diplomat said.

"However, the key point is to target the regime and its destabilizing activities in the region and it should be possible to find consensus on measures that achieve that."

The diplomat did not identify the countries that were objecting but China and Russia typically are cautious about sanctions. "

[Popeye82]

Strategic Natural Resources in advanced financing talks for Elitheni coal mine, says CEO Nel; In an interview with Proactive Investors, chief executive David Nel explained that SNR is in dialogue with many potential funding partners, looking @a combination of debt, equity +forward sales of coal - PAIUK - Oct 19, 2011

- Ian Lyall -
www.proactiveinvestors.co.uk/companies/news/34560/strategic-…

[Popeye82]

EU geht gegen Betrüger +Zocker an Finanzmärkten vor; Die EU will Betrug +Spekulation an den Finanzmärkten einen Riegel vorschieben. Wer Insiderhandel betreibt oder Kurse manipuliert, soll künftig nicht mehr ohne Strafe davonkommen. Dies hat die EU-Kommission am Donnerstag in Brüssel vorgeschlagen. Die Höchststrafe für Einzelpersonen sollte mindestens fünf Millionen Euro +für Firmen zehn Prozent ihres Jahresumsatzes betragen. Um riskante Spekulationen zu verhindern, will Brüssel den schnellen Computerhandel an der Börse bei Kursschwankungen stoppen lassen. Zum Schutz der Verbraucher sollen unabhängige Bankberater keine Provisionen von Produktanbietern mehr kassieren dürfen - DPA/W:O, BRÜSSEL - Oct 20, 2011
www.wallstreet-online.de/nachricht/3514323-insiderhandel-kur…

[Popeye82]

Linc Energy - signs MoU with UK Coal; one of the largest land holders &biggest coal producers in the UK ; P. Bond: "We are pleased to have identified a partner in UK Coal, a company that is clearly driven to utilise as much of their resources as possible. This is a collaborative project which will not only require significant interface with UK Coal, but also with UK regulators. Given the decreasing gas reserves available from the North Sea &the UK’s increasing reliance on foreign suppliers of energy, Linc Energy believes this agreement with UK Coal has the potential to play an important part in the future energy mix of the UK. If Linc Energy establishes a commercial size UCG operation, we can contribute significantly to the energy security &independence of the UK , producing the cleanest diesel fuel available that is even cleaner than Euro 5 standards. We bring to this agreement global leadership in UCG technology &know-how. In addition to UCG, Linc Energy also has extensive Gas to Liquids(GTL), Enhanced Oil Recovery(EOR) &Fuel Cell capabilities for energy solutions. It’s also a project which will be commenced as soon as possible with initial results due mid-´12", UKC MD: "UCG has the potential to materially unlock what might otherwise be vast amounts of stranded coal assets in the UK &so we look forward to working with Linc Energy over the coming months on this exciting feasibility study. This project could significantly revalue coal as an energy asset class in the UK for the coming years " - Oct 20, 2011

HL:

+ Linc Energy signs MOU to unlock stranded UK coal resources via UCG

+ Linc Energy to explore use of UCG across three UK Coal mines

+ Linc Energy has undertaken an extensive, independent review of the UK's coal reserves &identified these specific sites as having significant potential. The Company is also considering, as part of its exploratory study, the option of a suitable off take for the clean gas including power supply

+ sites relate to certain areas of coal within the Warwickshire, Yorkshire &Leicestershire Coalfields surface &underground mine infrastructure &sub-station assets owned by UK Coal

+ agreement positions Linc Energy @the forefront of exciting new UCG opportunities for a wide selection of downstream applications, including power generation, Synthetic Natural Gas or liquid(diesel) fuels production in the UK ...
http://stocknessmonster.com/news-item?S=LNC&E=ASX&N=236204

[Popeye82]

1st Chinese approval for Gold One investment - MW, PERTH - Oct 19, 2011

- M. Creamer -
www.miningweekly.com/article/first-chinese-approval-for-gold…

[Popeye82]

International Coal - Significant expansion to drill programme, @Sth Blackall - Oct 17, 2011

HL:

+ Drill programme has been expanded from an originally proposed 9 holes to up to 20 holes covering an area of up 400 km2,

+ The ´12 drill programme has been brought forward - the expanded programme will now include much of the work that was originally planned for the 1st half of ´12,

+ Significant investment occurring in the nearby Galilee Basin that could potentially provide massive infrastructure development in the future,

+ Recent research +reconnaissance has identified sites of higher coal prospectivity +drilling will also focus on +around these sites,

+ Drilling is likely to be concluded within 4 weeks +will include diamond drilling to depth in a number of holes,

+ An agreement has been reached with experienced drill contractors to work with ICX over the forthcoming year,

+ SGS Laboratories, Gladstone have been engaged to assess samples obtained from the drill programme +

+ Subject to the results of drilling, ICX is targeting identifying +announcing a maiden JORC resource in the future. ...
http://stocknessmonster.com/news-item?S=ICX&E=ASX&N=561475
http://intercoal.com.au/APSEC_International_Coal_Research_Re…

[Popeye82]

Copper, gold lead selloff as Europe rattles markets - MW/Reuters, KUALA LUMPUR - Oct 20, 2011
www.miningweekly.com/article/copper-gold-lead-selloff-as-eur…

"Copper and gold led a commodities plunge on Thursday as escalating worries about Europe's inability to resolve its debt problems drove investors away from riskier assets.


Plans to tackle the euro zone debt crisis have stalled with Paris and Berlin at odds over how to increase the firepower of the region's bailout fund, French President Nicolas Sarkozy said on Wednesday.

Comments by the Federal Reserve that the US economic outlook grew dimmer in September further reinforced the dismal global economic view.

"The euro zone crisis does remain a key concern for the financial markets and there are murmurs that the Chinese economy could be facing some headwind," said Luke Mathews, a commodity strategist at Commonwealth Bank of Australia in Sydney.

China's economy is set to slow more sharply than previously thought in 2012, with economists in a latest Reuters poll growing more pessimistic about how much a global downturn will impact the world's manufacturing engine.

London copper dropped for a fourth straight day, while gold was on track to see its biggest daily decline in two weeks. Brent crude hovered near $108 a barrel and grains extended losses.

Three-month copper on the London Metal Exchange tumbled 4% to $6 928.75/t. Prices are headed for a drop of almost 8% this week after two consecutive weeks of gains.

The outlook for metals remained dour, underscrored by a cut in sales forecasts for next year by Freeport-McMoRan Copper & Gold Inc's . The world's biggest publicly traded copper producer, facing strikes at two of its mines, cited an uncertain global economic prospect.

The most-active January copper contract on the Shanghai Futures Exchange tumbled to as low as 50 950 yuan($7,989.024) per ton in early trading, a 16-month low, after rising 0.4% in the previous session. It is on track for a 9 percent weekly loss, the biggest since week ended September 25.

"Macroeconomic concerns continue to override those of fundamentals for copper investors, with the euro zone crisis being the chief worry," said Eric Liu, a trader at CITIC Newedge in Shanghai.

"The Fed's comment about dimmer US economic outlook weigh down on sentiment but the main reason was Germany's overnight opposition to some details of the bailout funds."

France has argued the most effective way of leveraging the European Financial Stability Facility is to turn it into a bank which could then access funding from the ECB, but both the central bank and the German government have opposed this.­

Shanghai December aluminium contract shed 1.8%, and earlier fell to its lowest in more than 10 months.


OIL STEADY

Oil prices also edged down, but losses were checked by data showing a surprise drop in crude and petroleum product stocks in the United States, the world's biggest oil consumer, last week.

Barclays Capital, which maintained its 2012 Brent crude price forecast of $115, said the supply side of the oil market is far weaker now than it was in 2008, but even as demand has moderated, both the OPEC and non-OPEC supply has fallen faster, resulting in substantial inventory drawdowns through the year.

ICE Brent for December was near $108 a barrel while US crude fell 0.4% to $85.80.

"Investors don't want to take positions until there is a clear sign of a resolution of the debt crisis," said Tetsu Emori, a fund manager at Astmax Co Ltd in Tokyo.


PRECIOUS METALS NOT SPARED

Precious metals were not spared by the broad selloff, with gold, silver and platinum all declining.

"We are likely to see more downside in commodities in the near term with the gloomy macroeconomic backdrop, but gold may hold up relatively well due to its safe-haven nature even though its commodity identity has been more pronounced lately," said Hou Xinqiang, an analyst at Jinrui Futures in Shenzhen, China.

Spot gold lost as much as 2% to a two-week low of $1 609.24/oz. US gold dropped more than 2% to $1 611.20/oz, on course for its fourth day of decline.

The most-active gold futures contract on the Shanghai Futures Exchange dropped 2.3% to 332.66 yuan per gram, or $1,624.13 an ounce.

Technical outlook for spot gold has turned bearish and bullion may fall to $1 596 during the day, said Reuters market analyst, Wang Tao.

Spot platinum dropped 2.8% to $1 468.5/oz.

The most-active US silver futures contract lost 2.3% to $30.56.


GRAINS DROP

In the grains market, seasonal harvest pressure in the United States and improved planting weather in South America added pressure on soybean and corn values.

Chicago Board of Trade December corn fell as much as 1 percent to $6.32 a bushel and December wheat was down 1 percent to $6.13-1/2 a bushel. November soy lost 1.1 percent to $12.12 a bushel.

Soy dropped to $12.06-3/4 earlier in the session, the lowest since Oct. 11. Prices <Sc1> have fallen 13 percent so far this year after rising 34 percent in 2010.

Financial markets are also getting worried about growth in the world's top soybean importer China, where economic expansion slowed in the third quarter to its weakest pace since early 2009. China's economy expanded 9.1 percent in the third quarter, down from 9.5 percent in the previous three months. "

[Popeye82]

Space taxi delays spur Bigelow Aerospace layoffs - Reuters, LAS CRUCES - Oct 19, 2011

+ Builder of space habitats halves staff

+ Space taxis not expected before ´16

+ Customers slowing plans to lease space on outposts

- Irene Klotz -
www.reuters.com/article/2011/10/19/space-business-bigelow-id…

"A start-up space company building inflatable habitats for commercial and government lease has laid off half its staff because of delays developing space taxis needed to fly people to the outposts, the company president said on Wednesday.


Robert Bigelow, a hotel entrepreneur and founder of Las Vegas-based Bigelow Aerospace, had hoped space taxis, also needed by NASA to fly astronauts to the International Space Station, would be available by early 2015.

NASA is backing development of commercial human spaceships by four firms, including Boeing Co, Bigelow's partner in its space habitats program.

Those spacecraft, however, are not expected to be ready to fly until at least 2016, extending the amount of time the United States is dependent on Russia to fly crews to the space station, at a cost of more than $50 million per person , and delaying the debut of Bigelow's commercial outposts, which need spaceships to ferry customers to and from orbit.

The company plans a series of inflatable space habitats that can be used for research, tourism, manufacturing and other activities.

With the retirement of the space shuttles this summer, only Russia and China have the ability to fly people into orbit. China is not a member of the space station program, a $100 billion project of 16 nations.

NASA's goal is to turn over station crew ferry flights to a U.S. company before the end of 2016. Russia charges more than $50 million per person for rides on its Soyuz capsules.

"We no longer can say with some certainty when the transportation is going to be there," said Bigelow, who spoke with reporters after a speech at the International Symposium for Personal and Commercial Spaceflight under way this week in Las Cruces.

Bigelow has agreements with the United Kingdom, Netherlands, Australia, Singapore, Japan, Sweden and the United Arab Emirates for use of its space habitats. The company already has flown and tested two prototypes in orbit.

But uncertainty about when space transportation will be available, coupled with global economic concerns, prompted some of the clients to postpone their programs. Bigelow, in turn, pared its 115-member workforce down to 51 , Bigelow said.

The company has a production facility in North Las Vegas, Nevada, to manufacture the habitats. "

[Popeye82]

Champion Minerals - Intersects 401.5 m Grading 30.7% Total Iron, @the Oil Can Project, Adjacent to Its Flagship Fire Lake North Project Near Fermont, Quebec; 1st Three Drill Holes of 8,000 m Planned Program Intersect Magnetite-Hematite Iron Formation From 191 m to 402 m in Length; The initial 5,000 m drill program of 800 m spaced holes @the Oil Can Project is nearing completion +has tested approximately five/six kilometre strike length of favourable magnetic +gravimetric responses on the property. The distribution of magnetic/gravimetric anomalies +broad intersections of iron formation indicate a complex deformation history resulting in structurally thickened zones of iron formation; T. Larsen: "The long intersections from the initial drill holes @Oil Can are very promising +could lead to the delineation of a large tonnage of magnetite-hematite iron resources for potential "pellet-feed" +/or "sinter-feed" production. This prospective resource is located only seven kilometres from the proposed location of our Fire Lake North Mine +Concentrator Complex that is currently undergoing a Preliminary Economic Assessment study that will be followed by a Feasibility study planned for mid-´12. Champion remains focused on developing the Fire Lake North Project +continues to systematically delineate resources on nearby projects. Our iron ore resource base, which currently >2.2 billion tonnes, is expected to grow significantly in the coming months +will provide support for the large capital requirements needed to develop the Fire Lake North +other projects"; National Instrument 43-101 Mineral Resource Estimate will be completed for the Oil Can Project with results expected in early Q1-´12 - Oct 20, 2011
www.marketwire.com/press-release/champion-minerals-intersect…

[Popeye82]

Mining Summary - LC - Oct 20, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

AgriMarine Holdings - Signs Salmon Supply Agreement - Oct 13, 2011
www.marketwire.com/press-release/agrimarine-signs-salmon-sup…

[Popeye82]

dena-Studie: Holzpellets könnten die Klimabilanz von Kohlekraftwerken verbessern; Durch die Mitverbrennung von holzartiger Biomasse(Holzpellets) "können" in Deutschland perspektivisch bis zu 50 Prozent der Kohle ersetzt werden. Kurzfristig "könnten" damit im bestehenden Kraftwerkspark knapp 30 Millionen Tonnen CO2 eingespart werden. Dies entspricht rund 1/10 der jährlichen durch Kohlekraftwerke entstehenden CO2-Emissionen in Deutschland. Das ist das Ergebnis einer Studie der Deutschen Energie-Agentur GmbH(dena) - KA - Oct 6, 2011
www.klimaktiv.de/article266_12389.html

[Popeye82]

Forscher: Chinas Anstieg von CO2-Emissionen ist zunehmend hausgemacht - KA - Oct 5, 2011
www.klimaktiv.de/article102_12383.html
http://pubs.acs.org/doi/abs/10.1021/es201497m?journalCode=es…

"Der Bau von Gebäuden, Kraftwerken und Straßen ist der Grund für den signifikanten Anstieg der chinesischen CO2-Emissionen, so eine neue Studie. Zuvor trieben steigender Konsum und Exporte die chinesischen Treibhausgasemissionen in die Höhe.


Dieser Emissionsanstieg kann heute durch Einsparungen aus Effizienzsteigerungen ausgeglichen werden. Durch Bauvorhaben im Infrastruktursektor werden diese Einsparungen jetzt allerdings konterkariert – und was noch wichtiger ist: sie bestimmen die Emissionen von morgen, schlussfolgert das internationale Forscherteam.

Das schnell wachsende Investitionsvolumen im Infrastrukturbereich hat zu einer Ausweitung des Bausektors und seiner energie- und CO2-intensiven Zuliefererkette geführt, etwa der Stahl- und Zementindustrie.

Dieser Strukturwandel der chinesischen Wirtschaft hat zur Folge, dass mehr und mehr CO2 freigesetzt wird – die Umkehr eines langfristigen Trends. „Bis 2002 gab es ein Wettrennen zwischen steigendem Konsum und Effizienzsteigerungen“, so Jan C. Minx, Leitautor der Studie vom Potsdam-Institut für Klimafolgenforschung (PIK) und der TU Berlin.


Die chinesische Wirtschaft wandelt sich

„Der jüngste Emissionsanstieg geht jedoch komplett auf den massiven Strukturwandel innerhalb der chinesischen Wirtschaft zurück. Emissionen steigen schneller und schneller, weil CO2-intensive Sektoren, die mit dem Bau von Infrastrukturprojekten verbunden sind, an Bedeutung gewonnen haben. China hat sich zu einem ‚karbonisierenden Riesen’ entwickelt.“

Erst vor kurzem überholte China die USA als weltgrößten Energieverbraucher und CO2-Emittenten. Chinas Emissionen haben sich zwischen 1992 und 2007 fast verdreifacht. Mit Abstand der größte Teil des Anstiegs fand zwischen 2002 und 2007 statt. Allein der jahresdurchschnittliche Anstieg der CO2-Emissionen in diesem Zeitraum ist in seiner Größenordnung vergleichbar mit den jährlichen CO2-Emissionen von Großbritannien. Exporte weisen den größten Zuwachs an CO2-Emissionen auf. In absoluten Zahlen liegen jedoch Kapitalinvestitionen angetrieben durch den Bausektor vorn.

Es gibt noch weitere wichtige Treiber. Urbanisierung beispielsweise ist ein bedeutenderer Faktor für den Anstieg der Emissionen vom Haushaltsverbrauch als das Bevölkerungswachstum oder die Verkleinerung von Haushalten, so die Studie. Wenn Menschen vom Land in die Stadt ziehen, dann geht das mit einem Lebensstilwandel einher. Städtische Bewohner zum Beispiel wollen Gasheizungen und Elektrizität. Sie sind zudem vermehrt abhängig von öffentlicher Infrastruktur, um zur Arbeit zu gelangen. All dies führt zu einem höheren individuellen CO2-Fußabdruck.

Die Studie stützt sich auf eine sogenannte „strukturelle Dekompositionsanalyse“. Diese erlaubt es, den chinesischen Emissionsanstieg auf eine Reihe von Faktoren zurückzuführen, etwa Konsumwachstum, Effizienzsteigerungen oder Strukturwandel. Die Studie zeigt die Herausforderung einer eindeutigen Zuordnung, insbesondere im Falle eines so rapiden Emissionsanstiegs. Die Autoren begegnen dieser Herausforderung, indem sie jeden Faktor als Durchschnitt aller möglichen Werte quantifizieren.

„Der energie- und kohlenstoffintensive Charakter von Großinvestitionen ist vermutlich schwer vermeidbar, da China als aufstrebendes Land seine Infrastruktur weiter ausbaut“, sagt Giovanni Baiocchi, Mitautor der Studie von der Universität East Anglia, Großbritannien. „Der hohe Anteil an CO2-Emissionen aus Großinvestitionen könnte dabei von kurzfristiger Natur sein.“

Es sei wichtig, dass China jetzt in die richtige Infrastruktur investiere, die den Anstieg der CO2-Emissionen und somit die Erderwärmung begrenzt. „Die Art der Infrastruktur, die heute gebaut wird, bestimmt in großem Umfang die Emissionen und Vermeidungskosten der Zukunft“, sagt Baiocchi.

Die Studie betont deshalb, dass von Anfang an auf eine CO2-arme Infrastruktur in China und auch in anderen aufstrebenden Volkswirtschaften gesetzt werden sollte. Dies sei eine der zentralen globalen Herausforderungen auf dem Weg zu einer emissionsarmen Weltgesellschaft.

China ist aber nicht nur Spitzenreiter bei den Zuwachsraten von freigesetzten Treibhausgasen. Eine UN-Analyse war Anfang Juli dieses Jahres zu dem Ergebnis gekommen, dass China weltweit auf Platz eins steht bezüglich des Investitionsumfangs in Erneuerbare Energien. Deutschland folgt auf Platz zwei. (hier)


Weblink zum Artikel: Jan C. Minx, Giovanni Baiocchi, Glen P. Peters, Christopher L. Weber, Dabo Guan, Klaus Hubacek: A “Carbonizing Dragon”: China’s Fast Growing CO2 Emissions Revisited, Environmental Science and Technology, DOI: 10.1021/es201497mk

Quelle: Potsdam Institut für Klimafolgenforschung / zü "

[Popeye82]

Jung &dünn, statt dick &alt - Forscher berichten über arktisches Meereis ; Das Forschungsschiff Polarstern ist zurück von seiner Arktis-Expedition &die Forscher haben beunruhigende Erkenntnisse im Gepäck. In der zentralen Arktis hat der Anteil des alten, dicken Meereises deutlich abgenommen. Stattdessen wird die Eisdecke nun zu großen Teilen aus dünnen, einjährigen Schollen gebildet - KA - Oct 6, 2011
www.klimaktiv.de/article138_12388.html
www.geo.de/blog/geo/polarstern-blog

"Das Forschungsschiff Polarstern ist zurück von seiner Arktis-Expedition und die Forscher haben beunruhigende Erkenntnisse im Gepäck. In der zentralen Arktis hat der Anteil des alten, dicken Meereises deutlich abgenommen. Stattdessen wird die Eisdecke nun zu großen Teilen aus dünnen, einjährigen Schollen gebildet.


Das Schiff lief heute morgen gegen 7 Uhr in seinen Heimathafen Bremerhaven ein. An Bord Wissenschaftler des Alfred-Wegener-Instituts für Polar- und Meeresforschung in der Helmholtz-Gemeinschaft, die von der 26. Arktis-Expedition des Forschungseisbrechers Polarstern zurückgekehrt sind.

Bild links: Das ROV (kabelgebundenes Unterwasserfahrzeug) "Alfred" wird durch einen durchgeschmolzenen Schmelztümpel zu Wasser gelassen (M. Nicolaus stehend, P. Hunkeler knieend). Im Hintergrund sind das Pilotenzelt und ein Referenzsensor an der Oberfläche zu sehen. Foto: Stefan Hendricks, Alfred-Wegener-Institut

Zuvor hatte es auf seiner 16-wöchigen Forschungsfahrt mehr als 11 800 Seemeilen zurückgelegt und auf drei Etappen rund 130 Wissenschaftler aus sechs Ländern beherbergt. Der letzte Fahrtabschnitt führte durch den zentralen Arktischen Ozean, wobei die Polarstern auch den Nordpol erreichte. Eine der wichtigsten Forschungsfragen lautete: Ist das Meereis in diesem Sommer stärker abgeschmolzen und damit dünner als in den vergangenen Jahren?

Um sie zu beantworten, setzten die Meereisphysiker um Dr. Marcel Nicolaus und Dr. Stefan Hendricks ein Messinstrument namens „EM-Bird“ ein. Diese fast vier Meter lange, torpedoförmige Sonde wird mit dem Hubschrauber über das Eis geflogen und misst die Eisdicke mithilfe eines elektromagnetischen Induktionsverfahrens. Auf diese Weise haben die Meereisphysiker ein Eisdickenprofil der zentralen Arktis über eine Gesamtstrecke von mehr als 2500 geflogene Kilometer erstellt. Ihr Fazit lautet: Dort, wo das Meereis in den vergangenen Jahrzehnten hauptsächlich aus alten, dickeren Eisschollen bestand, findet sich derzeit überwiegend einjähriges Eis mit einer Durchschnittsdicke von 90 Zentimetern. Lediglich im Kanadischen Becken und nahe der nordsibirischen Inselgruppe Sewernaja Semlja stießen die Meereisphysiker auf nennenswerte Mengen mehrjährigen Eises. Dieses alte Eis ist in der Regel zwischen zwei und fünf Meter dick.

Im Vergleich zu ihren Messungen aus dem Jahr 2007, in dem die Meereis-Ausdehnung auf ein Rekordminimum von 4,3 Millionen Quadratkilometer zurückgegangen war, fanden die Forscher jedoch noch keine Unterschiede. „Das Eis hat sich nicht erholt. Es scheint auch in diesem Sommer genauso stark abgeschmolzen zu sein wie im Jahr 2007. Ja, es ist genauso dünn wie im Rekordjahr“, sagt Hendricks.

Deutliche Unterschiede konnten die Forscher dort nachweisen, wo das Eis in diesem Sommer fehlte – zum Beispiel in der Laptewsee. „Auf unserer Expedition im Jahr 2007 stießen wir im September in der Laptewsee bereits auf dünnes, neugebildetes Eis. Diesmal aber war von Eisbildung weit und breit nichts zu spüren. Die Wassertemperatur in zehn Metern Tiefe betrug drei Grad Celsius – so stark hatte die Sonne die eisfreien Wasseroberflächen erwärmt“, sagt Prof. Dr. Ursula Schauer, wissenschaftliche Leiterin des Fahrtabschnittes durch die zentrale Arktis. Diese Erwärmung ist aber nur auf die obersten Schichten beschränkt. In der Tiefe des Arktischen Ozeans sorgt kälteres Wasser aus dem Atlantik derzeit für sinkende Wassertemperaturen.

Wichtige Fortschritte gelangen den Meereisphysikern auch bei der Frage, wie viel Sonnenlicht durch das Eis dringt. Dazu setzten sie zum ersten Mal ein per Kabel ferngesteuertes Unterwasserfahrzeug ein. Das sogenannte ROV (Remotely Operated Vehicle) tauchte bis zu 100 Meter tief unter das Eis und erfasste mit einem Spektralradiometer flächenhaft die Verteilung des Sonnenlichtes unter dem Eis. „Unsere Messungen haben gezeigt, dass die Lichtmenge unter dem Eis stark vom Eistyp abhängt. Mehrjähriges Eis lässt am wenigsten Licht durch, weil es wenige Schmelztümpel und an der Oberfläche eine dicke Schicht aus verwittertem Eis besitzt“, sagt Nicolaus. Einjähriges Eis dagegen sei schon lichtdurchlässiger, besonders in Bereichen mit vielen Schmelztümpeln. Die größten Lichtmengen haben die Forscher unter neuem Eis gemessen. „Aus diesen Ergebnissen können wir schlussfolgern, dass der beobachtete Wandel von einer mehrjährigen zu einer saisonalen arktischen Eisbedeckung zu einer Zunahme des Lichts im Arktischen Ozean führen wird, besonders im Sommer und Herbst“, sagt Nicolaus.

Veränderungen der Meereisdicke und -ausdehnung haben auch unmittelbare Konsequenzen für das Ökosystem des Arktischen Ozeans. Der Grund: Die Eisrandzone ist so etwas wie der „Garten des Arktischen Ozeans“ . Durch das Schmelzen des Meereises werden zum einen Algen aus dem Eis ins Meer entlassen. Zum anderen mischt sich das Süßwasser des Eises mit dem Meerwasser. Da ersteres eine geringere Dichte als Meerwasser besitzt, kommt es zu einer stabilen Schichtung des Oberflächenwassers. Die Folge: Die Algen bleiben in der obersten, lichtdurchfluteten Wasserschicht und beginnen zu wachsen. Es kommt zu sogenannten „Algenblüten“. Diese Algen wiederum bilden den Anfang der arktischen Nahrungsnetze. Wissenschaftlich umstritten ist derzeit jedoch, ob der Arktische Ozean aufgrund des Eisrückganges und der damit verbundenen Lichtzunahme „produktiver“ wird.

Wissenschaftler wie Dr. Ilka Peeken untersuchten deshalb die Biologie der Algen nicht nur im Meereis, sondern auch in den Schmelztümpeln und in der Wassersäule unter dem Eis. Die ersten Ergebnisse zeigen regionale Unterschiede: Im atlantischen Teil der zentralen Arktis waren sowohl im Eis, als auch in den Schmelztümpeln und in der Wassersäule die Algenbiomasse und die Kohlenstoffaufnahme deutlich höher als im pazifischen Teil.

Ähnliches gilt für das klimarelevante Spurengas Methan, das bei der Algenblüte entstehen kann. Messungen der Biogeochemiker um Dr. Ellen Damm zeigten, dass die Bildung und Freisetzung des Treibhausgases davon beeinflusst wird, welche Region des Arktischen Ozeans saisonal eisfrei ist. Zudem gelang es den Forschern erstmals nachzuweisen, wie viel Methan im Eis zu Kohlendioxid oxidiert wird.

Diese und viele andere Momentaufnahmen des Sommers 2011 wollen die Wissenschaftler nun mit ihren Ergebnissen aus dem Jahr 2007 sowie mit den Daten der zwei arktischen Langzeit-Observatorien des Alfred-Wegener-Institutes in der Framstraße vergleichen. Die sogenannte „Verankerungskette“ und das Tiefsee-Observatorium HAUSGARTEN waren die Ziele der ersten beiden Expeditionsabschnitte. Ihre verschiedenen Messgeräte müssen regelmäßig ausgetauscht, die Daten an Bord der Polarstern ausgelesen und die Sensoren neu geeicht werden. Nur so lassen sich Umweltveränderungen detailliert erfassen.

Polarstern befindet sich derzeit für routinemäßige Wartungsarbeiten in der Lloyd Werft und wird voraussichtlich am 28. Oktober 2011 zur nächsten Expedition Richtung Antarktis auslaufen.

Ausführliche Berichte unserer Wissenschaftler über den dritten Fahrtabschnitt finden Sie zudem im Polarstern-Blog auf www.geo.de (http://www.geo.de/blog/geo/polarstern-blog).

Quelle: Alfred-Wegener-Institut (AWI) / zü "

[Popeye82]

Russland verstärkt Grenztruppen in der Arktis -Begründung: "Klimawandel" - KA, MOSKAU - Sep 20, 2011
www.klimaktiv.de/article138_12318.html

[Popeye82]

Alligator Energy - BIG - Oct 4, 2011

HL:

+ Strategic exposure to the world-class Alligator River Uranium Province(ARUP) in the Northern Territory

+ One of the world’s top locations for large, high-grade uranium deposits(along with Canada’s Athabasca Basin)

+ ARUP hosts nearly 1 billion pounds of high-grade uranium resources &past production

+ The region hosts the Ranger uranium mine &the Jabiluka deposit

+ High-grade uranium mineralisation has been detected on Alligator’s granted Tin Camp Creek tenements; Some of the best high-grade intersections include 21metres @0.5% U3O8 &22.7metres @ 0.38% U3O8 @Caramal, 15metres @0.47% U3O8 @South Horn &8.6metres @0.33% U3O8 @Gorrunghar

+ The project area &wider region remain under-explored due to historic access impediments

+ The Northern Territory Government encourages responsible uranium exploration &provides for uranium mining ...
www.vision6.com.au/download/files/18587/1458577/Alligator En…

[Popeye82]

Keeping the Wolframite* @the Door - BIG - Sep 26, 2011
www.vision6.com.au/download/files/18587/1458590/Hazelwood Ar…

[Popeye82]

Instinct Energy seeking coal seam gas in Namibia, $8m IPO - PAI - Sep 8, 2011
www.proactiveinvestors.com.au/companies/news/19386/instinct-…

"Instinct Energy (ASX:INY) aims to raise $8 million to fund exploration for Coal Bed Methane, unconventional gas and coal in Namibia.

Seeking to list on the ASX in November, the company has two extensive prospective CBM exploration areas under license covering approximately 22,000km2 across the Huab and Caprivi basins in Namibia.

Instinct aims to explore, appraise and ultimately commercialise resources to participate in rapidly expanding and unsatisfied energy market opportunities which exist in Namibia and Sub-Saharan Africa.

Non executive chairman of Instinct is Ian Tchacos, former managing director of Nexus Energy (ASX:NXS), responsible for the company’s development from an onshore micro cap explorer to an ASX top 200 offshore producer and operator.

Tchacos is currently non-executive chairman of ADX Energy (ASX:ADX), and non-executive director of Reidel Resources (ASX: RIE).


Profile

Instinct Energy (ASX: INY) is an Australian company focussing on Coal Bed Methane (CBM), unconventional gas and coal exploration. The Company has under licence two extensive prospective CBM exploration areas covering approximately 22,000 km2 across the Huab and Caprivi basins in Namibia. "

[Popeye82]

The world's current population growth rate is estimated to be about 1.14% per annum, With that fact in mind we can expect the world's current population of about 6.5 billion to become 13 billion by ´67 if current growth rates continue , so what are we to do?, Enter the fertilizer super hero of agricultural production, Potash, but how will Potash be able to save us? - CSG - Oct 11, 2011
www.vision6.com.au/download/files/18587/1458593/Article 11 O…

[Popeye82]

World’s largest coal-to-biomass power station conversion nears completion - M.com - Oct 19, 2011

- Frik Els -
www.mining.com/2011/10/19/worlds-largest-coal-to-biomass-pow…

[Popeye82]

NEVADO Resources - Hires Michael Dry, PhD, to Lead the Hydrometallurgical Process Modeling @the La Blache Iron-Titanium-Vanadium Project - Oct 18, 2011
www.marketwire.com/press-release/nevado-hires-michael-dry-ph…

[Popeye82]

Rio's $700m tax to boost Guinea's infrastructure; The government of Guinea will use 35% of a $700-million windfall from Anglo-Australian miner Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, a Guinean official said on Sunday. Rio struck a deal with Guinea in April to settle a dispute over its stake in the Simandou iron-ore project, agreeing among other terms to pay $700-million in compensation – a sum that is nearly 75% of the poor nation's ´08 budget - MW/Reuters, CONAKRY - Oct 17, 2011
www.miningweekly.com/article/rios-700m-tax-to-boost-guineas-…

[Popeye82]

Gates says vaccine investment offers best returns; called on Tuesday for strengthened immunization programs against infectious diseases to save 4 million lives by ´15 +10 million lives by ´20, saying it was the best possible investment in global health - Reuters, GENEVA - May 17, 2011
www.reuters.com/article/2011/05/17/us-gates-idUSTRE74G2D5201…

"The Microsoft founder and philanthropist said five or six new vaccines could be available by the end of the decade and urged pharmaceutical manufacturers to make them affordable for poor countries.


"If donors are generous, we will prevent 4 million deaths by 2015. By 2020, we can prevent 10 million deaths," Gates, co-chair of the Bill and Melinda Gates Foundation, said.

He was addressing the annual assembly of the World Health Organization (WHO) in Geneva, attended by health ministers from the U.N. agency's 193 member states.

Gates, who said his top priority was helping to eradicate polio worldwide, also met health ministers from countries including Afghanistan and Pakistan where the virus continues to paralyze unvaccinated children.

"Vaccines are an extremely elegant technology. They can be inexpensive, they are easy to deliver and they are proven to protect children from disease. At Microsoft, we dreamed about technologies that were so powerful and yet so simple," he said.

"Vaccines are one of the best investments that we can make in the future."

The Gates Foundation spends about $2 billion in grants each year for global health programs to tackle AIDS, malaria and other diseases, funding both research and delivery of medicines.

After the United States, it is the second biggest contributor of voluntary donations to the WHO, giving nearly $220 million toward its two-year budget of $4.5 billion for 2010-2011, according to the agency.


RETURN ON INVESTMENT

WHO director-general Margaret Chan said that every year immunization programs prevent some 2-3 million deaths.

"We know for a fact that vaccine is the most cost-effective intervention and the best buy in terms of return on investment in saving lives of children, women and men," she told a joint news conference.

All countries should aim to have 90 percent immunization coverage against diseases including polio, meningitis and pneumonia, "one of the best investments we can make in the future," Gates said.

"We can meet these goals with your leadership. And that will be critical to really making this the decade of vaccines."

Major research-based drug companies are committed to investing in developing innovative, safe and effective vaccines and supporting access to them through partnerships, the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said in a statement.

The WHO has a $300 million budget deficit, partly because of donor countries' austerity programs and also the dollar's strength against the Swiss franc, Chan said.

"We will do our utmost to protect our core areas of work, first and foremost protecting activities at country-level," she told reporters.

(Additional reporting by Barbara Lewis) "

[Popeye82]

Ellex Launches Innovative Medical Laser Technology onto Global Market - AI - 20-Oct-2011
www.australianinvestor.com.au/news.asp?id=41951
http://stocknessmonster.com/news-item?S=ELX&E=ASX&N=185065

"Ellex Medical Lasers Limited (ASX:ELX) have today announced that it will introduce an innovative laser platform for the treatment of retinal disease at the upcoming meeting of the American Academy of Ophthalmology (AAO).

Marketed as the Integre Pro™, the system is the first photocoagulation laser to offer customized configuration of multiple laser wavelengths in a fully integrated, laser/slit lamp (microscope) design. This advanced design will enable ophthalmologists to perform both diagnosis and treatment, and is the next evolution of the Company’s existing Integre® laser platform.

“The Integre Pro is one of a kind,” said Tom Spurling, Ellex CEO. “This intelligent platform enables physicians to take advantage of the full spectrum of retinal laser treatments in a fully integrated design, which is unique to Ellex.” "

[Popeye82]

Asmara Geocongress Journal - Oct11

Topic:

+ Country Profile/Facts of Eritrea

+ A message from His Excellence the Minister

+ The Ministry of Energy &Mines

+ Highlights of ´10 -´11

+ Mining Law

+ Geology of Eritrea

+ Geothermal potential

+ Mineral potential of Eritrea

+ Mining &Exploration Activities

+ Investment Opportunities

+ Company Profiles ...
www.southbouldermines.com.au/images/uploads/Asmara_Geocongre…

[Popeye82]

Universal Coal Plc - Increased &Upgraded Resource to 1.3billion tonnes on the Berenice/Cygnus Coking Coal Project; C: "We are delighted with the increase in the resource base @Berenice-Cygnus +in particular the significant increase in the JORC-compliant Indicated +now defined Measured tonnages. The additional results from the 1st phase of drilling confirm that the yield +quality of the potential primary coking +thermal middling products are in line with expectations +typical to the Soutpansberg Coalfield. We are proceeding with a detailed interpretation of this data +with the results of the full coking coal +coke analysis, expected later this month, we will target those areas with highest yields +most attractive extraction parameters for a scoping study +follow-up drill-out to the Measured Category to create value for our shareholders" - Oct 4, 2011

HL:

+ an updated JORC compliant coal resource increasing the resource to 1.325 billion tonnes gross tonnages in-situ(GTIS) with a minimum coal thickness of 0.50m +relevant coal quality cut-offs) @the Berenice-Cygnus coking coal project, following receipt of outstanding slim diameter analytical data from infill holes completed during the 1st phase drilling programme.

+ the deposit now includes

- 7.9 million tonnes Measured,
- 394.5 million tonnes Indicated +
- 922 million tonnes Inferred coal resources.


+ This represents a 9% increase in the global resource base +a 56% increase in the indicated to measured coal resource categories over the previous estimate reported in July ´11.

+ targeted opencast GTIS resources amount to 588 million tonnes in all categories (@a high wall cut-off of 3m3:1t).

+ the coal occurs within eight sub-zones in a 35m –40m thick composite carbonaceous unit deposited within a structurally controlled half-graben structure, approximately 12.5km in length +4km wide. The coal-rich sub-zones have been intersected from sub-outcrop, <20m in depth to up to 250m below surface +consists of interbedded bright coal +carbonaceous mudstones(see Map +Cross-Section below).

+ three sub-zones, namely S6, S8 +S12, are deemed by Universal Coal to be potentially commercial coking coal yielding horizons @this stage. The respective sub-zones have thicknesses of 3.85m(S6), 3.80m(S8) +1.88m(S12).

+ the low density fraction(CF1.40 g/cm3) from all the above sub-zones contains coal with coking characteristics. the combined average theoretical coal product yield for the S6, S8 +S12 subzones over the entire project area averages between 43% +55%, of which the primary Coking Coal product yield is 16% +the middling product yield is between 27% +39%, depending on the middling product being produced.

+ the low-density fraction(CF1.40 g/cm3) of the abovementioned three sub-zones(S6, S8 +S12) yield coal with the following qualities +characteristics: (...)

+ the middling product typically has the following qualities: (...)

+ core samples from a large diameter drilling programme are currently undergoing analyses +tests to define the detailed coking coal +coke characteristics. The analyses + tests include Ultimate Analyses, Ash Composition, Petrographic Studies, Arnu Dilatation, Gieseler Fluidity +Gray –King Tests. Universal Coal will report the results of the abovementioned tests +analyses by end-October ...
http://stocknessmonster.com/news-item?S=UNV&E=ASX&N=559955

[Popeye82]

Antwort auf Beitrag Nr.: 42.029.218 von Popeye82 am 01.09.11 00:31:41

Centrex Metals - 2nd Resource Update for Fusion Magnetite Project - Sep 28, 2011

HL:

+ Maiden Mineral Resource established @the Iron Mount prospect adds an additional 135Mt to Fusion magnetite project on SA’s Eyre Peninsula

+ Total Eyre Iron Mineral Resources now @613.6Mt between Fusion &Carrow

+ Further additions expected as Exploration Targets are drilled out ...
http://stocknessmonster.com/news-item?S=CXM&E=ASX&N=184690

[Popeye82]

Mining Summary - LC - Oct 21, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Obama erklärt vollständigen Rückzug aus dem Irak; Die USA ziehen ihre Truppen zum Jahresende vollständig aus dem Irak ab. Der Krieg sei damit nach fast neun Jahren beendet, sagte US-Präsident Barack Obama in Washington - DPA, WASHINGTON - Oct 21, 2011
http://web.de/magazine/nachrichten/ausland/13959198-obama-er…

[Popeye82]

Iron ore demand heating up: Ukraine wants to cash in - IM/BNWN - Oct 20, 2011

- By Marc Davis +Gayle Mavor -
www.im-mining.com/2011/10/20/iron-ore-demand-heating-up-ukra…

[Popeye82]

Nissan develops Vanadium-Based 10-minute electric car charger - NYDN - Oct 10, 2011
http://articles.nydailynews.com/2011-10-10/news/30284522_1_c…

[Popeye82]

Simandou speeding up, Olympic Dam open pit going ahead, massive copper find in Bolivia, Greenland Minerals &Energy’s critical technical breakthrough, $1.5 billion Aktogay copper project progress &muuuuuch more …… - IM - Oct 21, 2011
www.im-mining.com/2011/10/21/simandou-speeding-up-olympic-da…

[Popeye82]

IronClad moves a big Step closer - RRH - Oct 19, 2011
www.resourcesroadhouse.com.au/_blog/Resources_Roadhouse/post…

[Popeye82]

Coalspur increases Vista Outlook; MD/CEO: "The expanded annual production further confirms Vista’s status as a world-class, Tier one mining project. We expect that the increased production volumes in conjunction with the accessible rail +port infrastructure will render Vista an important 1st-world alternative supplier of export thermal coal to the rapidly expanding Asian Pacific economies" - RRH - Oct 20, 2011
www.resourcesroadhouse.com.au/_blog/Resources_Roadhouse/post…

[Popeye82]

Jobs wollte Apple-Fernseher; Neue Biografie von Steve Jobs schürt Spekulationen über Neuerungen - W - Oct 22, 2011
http://web.de/magazine/digitale-welt/computer/13963484-biogr…

[Popeye82]

Microsoft bastelt ein HOLODECK ; In den Microsoft-Labors gehen derzeit "Star-Trek"-Experimente vor - W, REDMOND - Oct 22, 2011
http://web.de/magazine/digitale-welt/computer/13963078-micro…

[Popeye82]

USA: Superklos stehen fest - W - Oct 22, 2011
http://web.de/magazine/lifestyle/leben/13955610-amerikaner-h…

[Popeye82]

"Keine Macht den Banken"; In Frankfurt, Berlin +anderen Städten demonstrieren Tausende - Reuters/W - Oct 22, 2011
http://web.de/magazine/finanzen/euro-krise/13964872.html

[Popeye82]

Linc Energy - Starts Up Gasifier 5 - World`s 1st UCG Multi-Panel - Oct 24, 2011
http://stocknessmonster.com/news-item?S=LNC&E=ASX&N=236314

[Popeye82]

Fairstar Resources Limited(ASX:FAS) has secured conditional approval for a A$300 million debt instrument from international lenders for the commencement of plant construction +commissioning @its Steeple Hill Iron Project in Western Australia. The Company plans to recover the significant alluvial iron ore deposits in a low cost mining operation in the PhaseI of the Project, to be followed by a drill +blast operation for hard rock hematite in PhaseII +the recovery of magnetite in PhaseIII, Company will not seek joint venture partners in order to maintain absolute control over the project - ABNNW - Oct 24, 2011
www.abnnewswire.net/press/en/70211/Asian_Activities_Report_f…
http://stocknessmonster.com/news-item?S=FAS&E=ASX&N=562563

[Popeye82]

Nemex Resources - Guinea Update - Oct 24, 2011

HL:

+ DSO ironstone mapping initiated, encouraging early reports

+ Initial 250km²/2,911 km² Coastal Project, West Guinea targeted

+ Camp construction well underway

+ Drilling anticipated to start in late ´11 ...
www.nemexres.com.au/sites/4dbe04e850ee853d0e00046d/contents/…

[Popeye82]

Cleveland to commence mining late ´11 - AI - 24-Oct-2011
www.australianinvestor.com.au/news.asp?id=41966
http://stocknessmonster.com/news-item?S=CDG&E=ASX&N=562574

"Cleveland Mining Company Ltd have advised an update of development at the Premier Gold Mine JV. The company has said that significant progress has been made and the Company can confirm it is readying itself to starting mining in late 2011 with gold processing and production in early 2012. "

[Popeye82]

CB Gold - Intercepts 114.98 Metres @7.57 g/t Gold, Including 40.89 Metres @17.17 g/t Gold in a New Mineralised Zone - Oct 24, 2011
http://finance.yahoo.com/news/CB-Gold-Inc-Intercepts-114-98-…

[Popeye82]

Rio Verde Minerals - Announces NI 43-101 Mineral Resource for Fosfatar Phosphate Project, Brazil - Oct 24, 2011
www.marketwire.com/press-release/rio-verde-minerals-announce…

[Popeye82]

Mining Summary - LC - Oct 24, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Tournigan Energy - Adds 3.75 Million Pounds of Measured +Indicated U3O8 +12.74 Million Pounds of Inferred U3O8 to Mineral Inventory; boosts Total Mineral Inventory to >55MIbs - Oct 17, 2011
www.tournigan.com/s/NewsReleases.asp?ReportID=485271&_Type=N…

[Popeye82]

EnWave - Signs Technology Evaluation &License Option Agreement with Ocean Spray Cranberries Inc., North America's leading producer of canned &bottled juices &juice drinks, &has been the bestselling brand name in the canned &bottled juice category since ´81; is now an agricultural cooperative owned by >700 cranberry growers in Massachusetts, Wisconsin, New Jersey, Oregon, Washington, British Columbia, &other parts of Canada, &by >50 Florida grapefruit growers - Oct 25, 2011
www.marketwire.com/press-release/enwave-signs-technology-eva…

[Popeye82]

Apella Resources - Expands With New Ontario Vanadium-Iron-Titanium Discovery - Oct 24, 2011
www.marketwire.com/press-release/apella-expands-with-new-ont…

[Popeye82]

Baobab Resources Plc - Ruoni North continues to Deliver; B. James: "the continued exploration success in the Tenge/Ruoni area endorses Management's view that this will become the principal hub of the Massamba Group as the project moves closer to production. The Company looks forward to releasing the Ruoni North +Chitongue resource statements shortly followed by Ruoni South +the outcomes of the Scoping Study by November end. 1st results from Tenge are expected in early December where drilling is already outlining substantial packages of mineralisation" - Oct 24, 2011

HL:

+ Further positive results returned from the latest round of Ruoni North analytical data are consistent with those announced previously.

+ Significant drill intercepts, up to 135m in length, report an average head grade of 37% Fe with DTR concentrate grades reporting a weighted average of 59% Fe, 0.8% V2O5 +12% TiO2 @a mass recovery of 48%.

+ JORC resource estimates for Ruoni North +Chitongue Grande Extensions due out shortly with Ruoni South expected by the end of November.

+ Scoping Study compilation @an advanced stage with preliminary results expected to become available during the latter half of November. ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Ormonde Mining Plc - Significant Resource Upgrade +Cost Study Indicates Substantially Larger Annual Tungsten Production - Oct 25, 2011

HL:

+ A JORC-compliant interim Mineral Resource Estimate(MRE) reported by CSA, incorporating the results to-date of the infill drilling programme +reflecting a reduction in the cut-off grade +a revised mining strategy from a selective mining method to a more bulk mining approach, shows a total resource of 25.3Mt grading 0.27% WO3(tungsten trioxide).

+ Of this total, 16.7Mt grading 0.29% WO3 is classified as an Indicated Resource for a total of 4.83 million metric tonne units(“mtus”) of WO3; this compares with 3.0 million mtus in the previous resource estimate.

+ Open pit optimisation by CSA on the Indicated Resource has captured open pit mineable material of 8.4Mt with an average life-of-mine grade of 0.31% WO3 within an open pit shape unchanged from earlier studies; with a total of 2.6 million mtus of WO3 mined.

+ A Trade-off study has identified an optimum plant throughput of 1.1 million tonnes per annum(Mtpa), to yield an average of 230,000 mtus of WO₃ per annum over a nine-year period(with a two year ramp up period) for a total of 2.1 million mtus produced over the life of the open pit; a substantial increase on the 130,000 mtus WO₃/annum production rate estimated in the Scott Wilson Study “Base Case” scenario reported in September ´10.

+ Total tungsten recovered over the life of the open pit portion of the deposit will increase by 60% compared with the Scott Wilson Study “Base Case”.

+ Indicative capital costs will be approximately Euro 40M(including a 20% contingency); which are within the range of previous capital estimates outlined in the Scott Wilson Study.

+ Cash operating costs average Euro 104/mtu over the life of the open pit mine.

+ Based upon this revised mining operation, 1st production is now scheduled for end Q2 ´13, assuming continued progress in permitting, scheduled completion of the feasibility study +advancing discussions to fund the mine capital, confirming Barruecopardo as Europe’s next major tungsten producer.

+ Applying current design +cost parameters to Ormonde’s financial model indicates that pre-tax net operating cash flows of ~Euro 20M/annum would be generated averaged over the nine year life of the open pit mine) @a tungsten price of US$290/mtu WO₃ for ammonium paratungstate(APT), rising to Euro 29M/annum @a price of US$350/mtu; the current price for APT is around US$450/mtu WO₃ (1).

+ The feasibility study, due to be completed by the end of the year, will reflect this substantially larger production from the unchanged open pit shape.

+ Permitting activities are progressing well following feedback from the relevant authorities. ...
http://ormondemining.com/uf/press%20releases/11%2010%2025%20…

[Popeye82]

Bathurst Resources - Increased reserves &resources, @Buller Coal Project - Oct 25, 2011
http://stocknessmonster.com/news-item?S=BTU&E=ASX&N=562850

[Popeye82]

Montezuma Mining - Scoping Study Demonstrates Strong Project Economics; Pending resource upgrades based on further drilling are expected to add to the potential product inventory &may support a longer mine life &/or increased production rates - Oct 25, 2011

HL:

+ Scoping Study positive based on production of 0.5 to 1 Mt/annum.

+ Projected NPV10 of "up to" AUD$376M with IRR of "up to" 59%.

+ Feasibility Study to proceed immediately.


+ There are a number of key areas where the Company believes the already robust economics can be improved as we progress the Feasibility Study phase of development:

- Any increase in the market price of manganese ore from current cyclical lows prior to commencement of production.

- A reduction in the capital cost required, given the significant contingency built into this analysis.

- An improvement in the delivered product grade >36% Mn will improve both the unit price &per tonne revenue stream. Work is ongoing in this area &a number of avenues are being investigated. ...
http://stocknessmonster.com/news-item?S=MZM&E=ASX&N=562824

[Popeye82]

Peak Resources - Continuity of high grade rare earth zones confimed, @Nguall; JORC resource will be released in the 1st quarter of ´12 - Oct 25, 2011

HL:

Results received from a further 5 holes in the Southern Rare Earth Zone include:

- NRC079: 34m @3.79% REO from 22m &
81m @4.04% REO from 84m to EOH

- NRC080: 180m @2.43% REO from surface to EOH including:
26m @5.44% REO from surface

- NRC082: 120m @3.02% REO from surface to EOH including:
24m @4.85% REO from 68m


+ These holes are from an infill drill traverse &confirm the continuity of higher grade rare earth enrichment from surface in deeply weathered zones of the carbonatite. Mineralisation still remains open to the north, south &with depth.

+ Results continue to demonstrate that Ngualla is one of the largest &better grade new rare earth discoveries of recent years.

+ Drilling on site is well advanced &a maiden JORC resource will be released in the 1st quarter of ´12.
http://stocknessmonster.com/news-item?S=PEK&E=ASX&N=562818

[Popeye82]

Minbos Resources - to Acquire Potash Licence; licence area covers 785 km2, &lies within the highly prospective Congo Basin which hosts Elemental Minerals’ Sintoukola project as well the MagIndustries Corp Makolo project ; EC: "This is an exceptionally exciting transaction for Minbos. Not only does it provide an attractive entry into one of the most exciting potash basins in the world , but the unique combination of the already defined high-grade &potential DSO phosphate resources &the potential of defining large, high grade potash resources within the same licence area sets Minbos apart from its peers &bodes well for a very exciting future for the Company" - Oct 11, 2011
http://stocknessmonster.com/news-item?S=MNB&E=ASX&N=560746



CRU Strategies confirms excellent economics for Cacata - Oct 20, 2011

HL:

+ A Scoping Study undertaken on the Cacata rock phosphate project(“Cacata” or the “Project”) has confirmed that the resource will be able to support a large scale phosphate rock complex of circa 1.5 million tonnes/annum(“tpa”) to operate in excess of 10 years.

+ The Cacata deposit is likely to be mined using open-pit mining +a conventional beneficiated process to produce a relatively high grade of 35% P2O5.

+ The 35% P2O5 product will be considered premium product, with relatively low levels of the more problematic impurities. This will essentially open the Project up to the entire world market for traded phosphate rock.

+ The Cacata high grade rock phosphate could be expected to trade @a ~9% premium to benchmark 72% BPL Moroccan product(33% P2O5), primarily on the basis of Cacata’s higher phosphate content. This would equate to $220/t based on October ´11 prices.

+ Operating costs are expected to be of the order of US$46 per tonne(with a range of US$35 to US$58 per tonne), considered to be @the mid to low end of the industry cost curve +may even place the operation in the 1st quartile of the industry cost curve.

+ Capital expenditure is expected to be of the order of US$102 million(with a range of US$72 to US$132 million) +considered to be @the low end of the industry range. ...
http://stocknessmonster.com/news-item?S=MNB&E=ASX&N=562173



Kanzi Project - Maiden High Grade Inferred Resource - Oct 25, 2011

HL:

+ 46Mt @17.2 % P2O5(Including a high grade zone of 31Mt @21.4% P2O5) total JORC Inferred resource defined for the Kanzi Project.

+ Resource provides basis for immediate assessment of a Bankable Feasibility Study on Kanzi. ...
http://stocknessmonster.com/news-item?S=MNB&E=ASX&N=562830

[Popeye82]

Woulfe Mining - gains explosive license, takes 1st blast &1st process equipment is delivered to site, equipment was purchased @a significant discount to value; company's target is to move to production @the end of ´12 - Oct 24, 2011
www.woulfemining.com/s/NewsReleases.asp?ReportID=486512&_Typ…

[Popeye82]

Australian mining investment surges despite economy, tax concerns; Investment in Australian mining could surpass A$80-billion by ´15, despite concerns over the global economy +the introduction of new taxes on carbon, iron-ore +coal mining profits, an independent economic forecaster +analyst said on Monday. It its ‘Mining in Australia ´11 to ´26’ report, BIS Shrapnel states that multi-billion dollar projects across the oil +gas, iron-ore +copper sectors would boost mining investment, which is forecast to rise 66% to A$83-billion by ´15/16 - MW, PERTH - Oct 24, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/australian-mining-investment-su…
www.bis.com.au/verve/_resources/Mining_-_Extract_-_2011.pdf

[Popeye82]

Rio Tinto says iron-ore growing, sees shorter pricing methods; Global miner Rio Tinto said on Monday its iron ore business was set to grow substantially over the next five years &it saw current price weakness accelerating moves to shorter-pricing methods. Rio Tinto CE Tom Albanese, in a presentation, also said industrial production in China remained robust - MW/Reuters, SYDNEY - Oct 24, 2011
www.miningweekly.com/article/rio-tinto-says-iron-ore-growing…

[Popeye82]

Energy Fuels to buy Titan Uranium; companies said the friendly deal would create a platform for further consolidation of the US uranium sector; If merger successful Energy Fuels will bump up its uranium resources to 41.3-million pounds; Titan’s flagship project is Cheep Mountain in Wyoming that hosts a 30.4-million pound uranium resource. The project is set to start producing in ´14, reaching a peak production rate of 1.5-million pounds yearly - MW, TORONTO - Oct 25, 2011

- Matthew Hill -
www.miningweekly.com/article/energy-fuels-to-buy-titan-urani…

[Popeye82]

Fission Energy - Trenching Begins @High Grade Boulder Field @Patterson Lake South("PLS"), to identify the bedrock source of the large 5km x0.9km high grade uranium boulder field, which returned assays as high as 39.6% U308 - Oct 24, 2011
www.marketwire.com/press-release/fission-energy-corp-trenchi…

[Popeye82]

Talon Metals - announces reverse circulation drilling complete, @Trairão Iron Project in Brazil; Of the 13 Target Areas drilled @the Trairão Project, assay results have been reported for Target Areas 1-6, &assays are pending for Target Areas 7-13; next mineral resource estimate update announcement is planned for early November on Target Areas 4, 5 &6; drilling commenced @Inajá South Iron Project; New Exploration Licences Secured, Preliminary investigations are also being undertaken on a number of other iron ore projects - Oct 24, 2011
http://finance.yahoo.com/news/Talon-Metals-announces-cnw-122…

[Popeye82]

Apollo Minerals - Obtains Approvals to Progress South Australian Iron &IOCG Projects - Oct , 2011

Hl:

+ Apollo secures access to explore &evaluate its Commonwealth Hill Iron, &Titan Base &Precious Metals Projects in South Australia

+ One of the 1st companies to receive approvals since Hawke Review into mining in the Woomera Defence Area

+ Aboriginal heritage clearance survey complete

+ Direct Shipping Ore(DSO) style mineralisation evaluation &mobilisation for the Sequoia maiden JORC drilling programme to commence during December quarter

+ IOCG target @Titan Base &Precious Metals Project to be examined ...
www.apollominerals.com/images/apollomi---bishi.pdf

[Popeye82]

China nuclear targets to be cut after Fukushima; China's ´20 nuclear capacity targets are likely to be scaled down after the country imposed a moratorium on new project approvals following the Fukushima disaster in Japan in March, industry officials said on Friday. China was originally scheduled to release a revised blueprint for its nuclear sector this year, with many predicting a new ´20 target of 86 GW, up from the previous 40 GW - Reuters, HONG KONG - Oct 21, 2011
www.miningweekly.com/article/china-nuclear-targets-to-be-cut…

[Popeye82]

Chinalco to buy 45Mt of Mongolian coking coal; Aluminum Corp of China Ltd(Chinalco), the country's top aluminium producer , will buy 15-million tons of coking coal/year from Mongolia's Tavan Tolgoi mine over the next three years, it said in a statement seen on Friday. Chinalco said it had signed the contract with state-owned Mongolian miner Erdenes MGL in July &the 1st delivery of coal to China was made this week - Reuters, SHANGHAI - Oct 21, 2011
www.miningweekly.com/article/chinalco-to-buy-45mt-of-mongoli…

[Popeye82]

Mongolian court orders govt to enforce mining ban; Mongolia's Supreme Court has ordered the government to enforce a ban on mining in river +forest areas following an appeal submitted by activists who said the country's fragile environment was threatened by reckless mining. The court ruling on Thursday explicitly blamed the government for failing to implement a ´09 law banning all mining in river basins +forests - Reuters, ULAN BATOR - Oct 21, 2011
www.miningweekly.com/article/mongolian-court-orders-govt-to-…

[Popeye82]

AgriMarine Holdings - Advances with R &D Concessions, in Norway - Oct 24, 2011
www.marketwire.com/press-release/agrimarine-advances-with-r-…

[uprock]

Du bist echt hardcore hier mit dem Thread.

Interessante Entwicklung in den letzten Tagen im Uransektor.
Scheint eine richtig grosse Konsolidierungswelle anzulaufen.
Das einzig richtige in der Situation.

[Popeye82]

Iraq War’s ’Missing’ $6.6 Billion Is Discovered in Central Bank -FY/BB - Oct 26, 2011

- Tony Capaccio +David Lerman -
http://finance.yahoo.com/news/Iraq-Wars-Missing-66-Billion-b…

[Popeye82]

Transit Holdings - Drilling Commences on 2nd State Hole - Oct 25, 2011
www.stocknessmonster.com/news-item?S=TRH&E=ASX&N=562819

[Popeye82]

Legacy Iron Ore - Drilling @Mt Bevan continues to intersect mineralisation; in line with Exploration Target of 1.5 –2.0Bt @30% -40% Fe - Oct 26, 2011

HL:

+ 5,000m resource extension drilling on Mount Bevan nearing completion

+ Assays received for most of southern zone drilling extension showing significant mineralisation

+ Additional drilling to the south extends strike a further 3km extension.

+ Drilling intersections up to 140m @34.0% Fe

+ Outstanding anticipated metallurgical properties

+ Results in line with Exploration Target for magnetite of 1.5 – 2.0 Bt grading 30% - 40% Fe* – for the southern part of the Western BIF target alone ...
www.stocknessmonster.com/news-item?S=LCY&E=ASX&N=563064

[Popeye82]

Zitat von uprock: Du bist echt hardcore hier mit dem Thread.

Ich weiss.


Ich bin nur ein spammender 0Checker. Nö, eigentlich finde ich, in all modesty, das sogar einen der BESTEN Threads von W:O.

Da stecken nämlich sogar, vielleicht schwer vorzustellen, schon einige ÜBERLEGUNGEN dahinter. (Schwerpunkt Psychologie-Kram -könnte ich ein paar Seiten zu schreiben, aber ist glaub ich eher sinnlos)

Zitat von uprock: Interessante Entwicklung in den letzten Tagen im Uransektor.
Scheint eine richtig grosse Konsolidierungswelle anzulaufen.
Das einzig richtige in der Situation.

Sind Dir schon andere M/A als Hathor Exploration/Energy Fuels bekannt?


Also ich tendiere auch ziemlich klar in die Richtung, dass wir hier vielleicht unsere nukleare Energie abbauen, die Großen/weitgehend relevanten in der Summe aber nicht daran denken. Eher ans Gegenteil.

Und, von meiner Warte her GANZ wichtig -das find ich auch GUT SO. (in meinen Augen geht es, wieder mal, klar in die Richtung, dass Deutschland mit "klugen/verantwortungsvollen" Entscheidungen glänzen MÖCHTE -und GENAU DAS GEGENTEIL tut. Aber da reden wir später nochma drüber. ). Um da keine Missverständnisse aufkommen zu lassen: Wäre es in einem realistischen/vernünftigen Rahmen möglich, wäre ich dafür die Atomkraft lieber heute als Morgen KOMPLETT abzuschalten. Aber das ist m.A.n. das Spielfeld der Traumtänzer-Fraktion.

Von daher bin ICH sinngemäss dafür noch "so lange wie nötig als Brückentechnologie einzusetzen -aber keine Sekunde länger!".


Und wenn man das ähnlich sieht, dann dürfte eine Bündelung der Kräfte/Konsolidierung, speziell in diesen "ausgebombten Zeiten", ziemlich Sinn machen.


Hoffe Du bekommst das noch zu lesen -next Spam-Attacke underway.

Gruß
P.

[Popeye82]

Rock Tech Lithium - Announces Lithium Resource Estimate, @its Georgia Lake Project: 6.72Mt @1.11% lithium oxide(Li2O) I/I; resulted in increases in both the tonnage &the grade over historic estimates by 21% &8%, respectively; deposits remain open in all directions &@depth &are currently being further explored; Company also pleased to announce commencement of ´11-´12 exploration program - Oct 26, 2011
www.rocktechlithium.com/news/2011-10-26/

[Popeye82]

Cardero Resource - Ghanaian Partner to Be Issued 3 Prospecting Licenses Over Sheini Hills Iron Deposits, Ghana; Sheini Hills Iron formation, occurring as hematite with a lesser component of magnetite, has an indicated average thickness of 50 to 150 metres +can be followed by surface mapping +sampling for a minimum of 30 kilometres of strike. , mineralized system appears to be flat to gently dipping @surface, forming north-south trending prominent ridges; Project is a large-scale iron project, which is in line with Cardero's bulk commodity focus, +is anticipated to add considerably to the Company's existing coal +iron resource base; Former slag heaps +historical excavations suggest artisanal-scale mining of the Sheini Hills Iron deposits in pre-Colonial times. The iron ore deposits were recognized in the ´20s, although it was not until the ´50s +60s that significant work was carried out on them. In ´29, the Gold Coast Geological Survey conducted a large scale regional geological mapping +prospecting program that outlined the extent of the Sheini mineralized system. In the ´50s E.H. Jacques completed a ten-trench +nine-hole diamond drill program +described the presence of eight mineralized bodies with average iron grades in the 30-40% range. During the early to mid ´60s the area was the focus of work by the Soviet Geological Team, including mapping, trenching +initial drilling. Work by the Soviet Team stopped with the change of government in ´66 +no significant work has been carried out on the Sheini Hills iron ore deposits since then; Prior to applying for the prospecting licenses, Emmaland carried out a 12 month due diligence program, which was designed +supervised by Dr. Karel Maley of Aurum Exploration Services, Ireland(a Qualified Person under National Instrument 43-101) with the input of Cardero's in-house iron specialists. Due diligence predominantly focused on the Sheini Hills West area - the location of the majority of historic exploration. The results of the due diligence program have supported the historic information +confirmed the presence of a large regional iron ore system; Cardero has negotiated joint ventures with Emmaland pursuant to which the Company can acquire a 100% working interest in each of the three licenses - Oct 26, 2011
http://finance.yahoo.com/news/Cardero-Ghanaian-Partner-Be-iw…

[Popeye82]

Treasury Metals - Reports Further High-Grade Gold Results, on the Goliath Gold Project in Northwestern Ontario; In total, 118 holes from the ´11 Campaign along with the results from a further 10,000 metres drilled in early ´10 will be included in the new resource estimate expected to be released to the market in November ´11 - Oct 26, 2011
www.marketwire.com/press-release/treasury-metals-reports-fur…

[Popeye82]

Resource Generation - Transnet MOU Signed; Under the MOU, TFR has agreed with Resource Generation’s BEE subsidiary, Ledjadja, to haul Boikarabelo coal on a take or pay basis as follows: 4 million tonnes/year commencing 1 July ´14, 5 million tonnes/year commencing 1 July ´15 &6 million tonnes/annum from 1 July ´16, 50% of the coal will be hauled to export ports &50% to the Mpumalanga Highveld, which is where Eskom’s power stations are located, Freight rates are yet to be determined but will reflect commercially fair &reasonable terms; Whilst rail capacity currently exists, upgrade works on the existing line between Lephalale &Pyramid South have been identified &need to be completed before coal haulage can commence. Ledjadja has agreed to undertake the upgrade works if TFR agrees. These works are minor &able to be completed prior to the forecast commencement of mining. Ledjadja has also agreed to work with TFR to unlock additional capacity from the Waterberg; agreement is also conditional on TFR completing its Waterberg Feasibility Study aimed @unlocking a potential haulage capacity of 22.5 million tonnes/annum from the Waterberg &formal allocation of capacity by TFR, Ledjadja &TFR have agreed to enter into negotiations to complete a definitive long term coal haulage agreement; P. Jury: "It is pleasing that we have been able to complete this 1st step in working with Transnet to open up the Waterberg coalfields. Whilst it is a binding agreement, its conditionality prevents it from triggering a move to project funding. We will be making every effort in the next few months to finalise the contract which will be necessary to complete the funding required to develop the Boikarabelo mine" - Oct 26, 2011
http://stocknessmonster.com/news-item?S=RES&E=ASX&N=654237

[Popeye82]

African Iron - Further Significant DSO Drill Results from Mayoko - Oct 21, 2011

HL:

+ 2nd batch of assay results now received from the ´11 resource definition drilling program underway @Mayoko iron ore project;

+ Significant direct shipping ore assay results include:

- MKDD039, 75m(from surface) @58.4% Fe;
- MKDD041, 30m(from surface) @56.7% Fe;
- MKRC052, 21m(from surface) @59.3% Fe;
- MKRC040, 12m(from surface) @61.7% Fe.


+ Resource definition drilling has also confirmed the presence of high-grade detrital ore of up to 20m thick on the flanks, &@the foot, of Mt Lekoumou;

+ Resource definition drilling is continuing with five(5) rigs currently active(3 reverse circulation &two diamond); &

+ Independent, global mining consultant, Golder Associates remains on track for the completion of an interim JORC resource update.


+ The 30,000m resource definition drilling program is designed to target the enriched weathered zone of a substantial banded iron formation(“BIF”) @the Mount Lekoumou &Mount Mipoundi prospects,(refer Figure 2) with the aim of:

- upgrading &expanding the existing Inferred Mineral Resource of 33Mt of predominantly DSO hematite ore @55.6% Fe, &

- defining a maiden resource for the underlying bedded zone of supergene enriched BIF, which can readily be beneficiated with crushing, screening &conventional dense media separation/gravity techniques to produce DSO fines(“bDSO”).

- These results continue to confirm the grade &thickness of the DSO cap, &increase the confidence in the continuity of the iron mineralisation (refer Figure 3). ...
http://stocknessmonster.com/news-item?S=AKI&E=ASX&N=562334

[Popeye82]

MicroVision - SHOWWX+ HDMI Becomes 1st Pico Projector RIM Offers Customers - Oct 25, 2011
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…

[Popeye82]

Pacific Wildcat Resources - Diamond Drill Assay Results Continue to Return High Grade Niobium +REO Mineralisation, +Confirms Depth Potential @Mrima Hill; Company has previously announced a NI 43-101 compliant independent Inferred Niobium resource which was restricted to a maximum depth of 30 metres from surface -These results show the potential to significantly increase this stated resource with further deep drilling, results also demonstrate the significant depth potential of the REO mineralisation; initial Rare Earth Oxide +updated Niobium resource expected in Q2 ´12 - Oct 25, 2011

HL:

+ High grade +wide intercepts of niobium mineralisation intersected in the weathered zone including 2.03% Nb2O5 from surface to 51.95m +1.30% Nb2O5 from 23.4m to 123.65 m(which includes 39.6m @1.70% Nb2O5 previously reported on September 13th, ´11);

+ Wide high grade Total Rare Earth Oxide("TREO") intercepts @depth with 5.69% TREO from 50.85m to 89.35 m;

+ Wide High Grade Rare Earth Oxide intercepts 4.85% TREO from surface to 46.1 m +4.60% TREO from surface to 46.45 m.

+ Rare Earth +Niobium mineralisation shown to extend below 100m depth from surface;

+ Potential high value mix of Heavy Rare Earth Oxides +Yttrium confirmed @depth; +

+ Potential Rare Earth Oxide resource drilling target now confirmed. ...
www.marketwire.com/press-release/paw-diamond-drill-assay-res…
http://media3.marketwire.com/docs/paw-taba.pdf

[Popeye82]

Kivalliq Energy - Additional High Grade Assays Received, From Western Extension Drilling; J. Ward: "High grade uranium +polymetallic assay results from the Western Extension continue to add significant value to the Lac Cinquante trend. It is exciting to have moved the Western Extension from initial discovery to resource drilling in such a short time frame" - Oct 25, 2011

Highlights disclosed herein include:

- 2.02% U3O8, 26.9 g/t Ag, 0.65% Cu, over 2.0 metres in 11-LC-060
- 1.89% U3O8, 19.5 g/t Ag, 0.35% Cu, over 1.7 metres in 11-LC-057
- 1.87% U3O8, 39.9 g/t Ag, 0.80% Cu, over 1.2 metres in 11-LC-043
- 1.53% U3O8, 70.3 g/t Ag, 1.62% Cu, 0.17% Mo over 1.2 metres in 11-LC-083
- 1.10% U3O8, 72.0 g/t Ag, 1.22% Cu, 0.30% Mo over 1.2 metres in 11-LC-054


+ Western Extension strike length is 550 metres; future drilling will test along strike +to depth

+ Assays pending from an additional 7 deep drill holes @Western Extension(Estimated true widths - see assay results table below) ...
www.marketwire.com/press-release/kivalliq-energy-corporation…
http://kivalliqenergy.com/projects/angilak/program_images/

[Popeye82]

Silvercorp says KPMG gives finances a clean bill, shares rise; Silvercorp, the China-focused miner accused of fraud late August, said on Monday KPMG had said in a forensic report its financial records were “substantially correct”, and that its findings did not support the allegation that the firm exaggerated revenues by 10 times . "From managements point of view, it is now perfectly clear that there are no problems @Silvercorp," spokesperson Lorne Waldman told Mining Weekly Online, adding that the company now only had to find the short-sellers behind anonymous allegations of fraud against the Vancouver-based firm that 1st surfaced in early September - MW, TORONTO - Oct 24, 2011

- M. Hill -
www.miningweekly.com/article/silvercorp-says-kpmg-gives-fina…

[uprock]

Antwort auf Beitrag Nr.: 42.260.729 von Popeye82 am 26.10.11 16:09:06

Ich sehe die ganze Uran- und Atomenergiegeschichte kurz- und längerfristig ähnlich wie Du, triffst da m.E. mit einigen statements absolut ins Schwarze.

Thema Uran-M&A: ausser HAT und EFR fallen mir an halbwegs aktuellen Situationen gerade noch ein:

1) die neuliche Übernahme von TAS durch HAT
2) EFR hatten vor einiger Zeit schon mal einen Junior namens Magnum geschluckt
3) Chinesen sollen wohl in Deutsch-Südwest was schlucken wollen, aber bisher m.W. nix konkret
4) in Australien geht auch was, ist aber nicht meine Baustelle

Ich glaube jedenfalls - und viele andere im Markt scheinbar auch, sieht man sich die jüngsten Kurssprünge an - das eine ganze Welle von weiteren Deals bevorstehen könnte.

PDN und DML haben Probleme, sind für CCO, Rio oder Areva natürlich feinste Leckerbissen.

Die ganze, pre-Fukushima noch ultraheiss gehandelte, neue Generation der in USA kurz vor Produktion stehenden, grösseen Juniors a la URE, URZ, STM schreit geradezu nach irgendeiner M&A-Aktivität: Merger, Übernahme oder Einstieg von Majors

And so on.

Also, ich denke, bis zum nächsten Frühjahr wird so manches Übernahmepremium auf den Tisch gelegt werden.

[Popeye82]

Bellhaven Copper +Gold - Announces Strategic Investment by IAMGOLD - Oct 24, 2011
www.bellhavencg.com/inc/investor-info/news-releases/367-octo…
www.miningweekly.com/article/iamgold-takes-minority-position…

[Popeye82]

Paladin urges Africa to consider FDI benefits before nationalising mines - MW, PERTH - Oct 26, 2011

- E. Swanepoel -
www.miningweekly.com/article/paladin-urges-africa-to-conside…

[Popeye82]

Antwort auf Beitrag Nr.: 42.260.729 von Popeye82 am 26.10.11 16:09:06

Cashed up miners likely to step up M&A - MW, PERTH - Oct 26, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/cashed-up-miners-likely-to-step…

"Mining merger and acquisition (M&A) activity could pick up in the final quarter of the year, as cashed up companies take advantage of recent declines in valuations, Ernst & Young (E&Y) said on Wednesday.


M&A activity dropped 6% in the first three quarters of the year, as markets reacted to speculation that China’s economic growth may slow. Global mining and metals transaction leader Lee Downham added in an interview with Mining Weekly Online that M&A activity was also influenced by the re-emerging US debt crisis and the continuing financial volatility in Europe.

“I think the key thing is that we saw concerns around China’s growth and obviously that then directly impacted commodity prices, whereas the other financial concerns were not necessarily impacting the underlying commodity prices.”

E&Y noted that during the nine months to September, around 779 M&A transactions were conducted, with a value of $132-billion, compared with 827 deals worth $78.9-billion in the first nine months of 2010.

Downham said that during the period under review, North America extended its lead as the preferred destination for mining and metals M&A targets, while the Asia Pacific regained its title as the most acquisitive region.

The US took the lead as the preferred destination, with deals such as diversified giant BHP Billiton’s acquisition of Petrohawk Energy for $11.8-billion and Chesapeake Energy Corporation’s Fayetteville Shale asset for $4.6-billion.

Downham noted that US domestic coal consolidation stood out as a key trend during the year, with domestic deals proving less risky since investors were familiar with their markets.

“If you look at the drivers behind M&A this year and the concerns around market volatility, doing domestic deals is often a lot less risky because you know your own market, can create synergies on domestic deals that you don’t necessarily create overseas, and you tend to have better relationships and better information when you are executing those deals,” he said.

Meanwhile, Australia has dropped to fifth in the rank of acquisition destination. Downham said that the proposed introduction of a mineral resources rent tax and a carbon tax likely had little to do with the downgrade.

“It is very difficult to correlate what’s happening in the M&A market with a tax perspective in such a short period of time. I really think that the market would need a lot longer to understand the implications and valuations for the regulatory changes.

“So, I wouldn’t say that the two are necessarily linked. ”

Downham said that it was likely just the size of BHP’s Petrohawk and Chesapeake acquisitions, which swung M&A activity in favour of the US.

“You can have two or three fairly substantial deals that wanted and needed to be done, and that can skew the trends. I think it’s difficult and dangerous to read too much into this, and I wouldn’t necessarily link Australian deal flowing with the tax changes at the moment.”

Despite the large transactions conducted by BHP during the year, Downham noted that more recently, mid-cap transactions were driving the amount of M&A activity in the mining and metals sector.

“I still think there is the ability for the majors and diversifieds to do those really big transformational deals, but in this environment, it is much harder to get comfortable with the transformational deals than it is with the smaller bolt-on type of transactions.

“So, those will dominate the M&A activity for this year and for the next 6 to 12 months, as we continue to watch the market stabilise.”

Despite the concerns around market volatility, mining companies were focused on growth.

In its fifth bi-annual 'Global Capital Confidence Barometer', E&Y reported that mining and metals companies had stronger balance sheets and that valuations have increased in recent months, increasing M&A opportunities.

The report found that companies were keen to maintain flexibility on their balance sheets to best respond to the volatile market conditions, and while debt was available, securing debt on good terms remained a challenge.

Growth was the top priority for 50% of the mining and metals executives surveyed, with 39% of respondents intending to pursue acquisition opportunities over the next 12 months.

Around 51% of respondents said that they would focus on organic growth, versus 16% which would focus on M&A activities. "

[Popeye82]

Antwort auf Beitrag Nr.: 42.260.729 von Popeye82 am 26.10.11 16:09:06

Maudore Minerals - Provides a Strategic Update on the Comtois Project; proceeds with updated N.I. 43-101 Resource estimate - Oct 26, 2011
www.marketwire.com/press-release/maudore-provides-a-strategi…
http://media3.marketwire.com/docs/MAOmap1026.jpg

[Popeye82]

Nuinsco Resources - Reports Significant Increase in "ETMI"; @Prairie Lake Project: 515 –630 million tonnes grading between 0.09-0.11% niobium(0.9 to 1.1 kg/tonne) +3.0-4.0% phosphorus(1.2 to 1.4 kg/tonne) -(would)"making it one of the largest deposits of its kind in the world" - Oct 26, 2011
www.marketwire.com/press-release/nuinsco-reports-significant…

[Popeye82]

Advanced Explorations - Reports "up to" 63.85% Iron Discovery, @Tuktu Project - Oct 26, 2011
www.marketwire.com/press-release/advanced-explorations-inc-r…

[Popeye82]

Black Iron - Targets 1.0 to 1.2 Billion Tonne Mineral Deposit Grading 28% to 32% Iron, With Resumption of Drilling @Shymanivske; P/CEO: "We are excited by the favourable ruling received as it will pave the way for Black Iron to commence its 1st definition +exploration work program. This program has the potential to not only increase the overall size of the mineral deposit, but also upgrade the mineral categorization of the resource. Based on an increase in size to the mineral deposit, we would begin analyzing the potential to increase our projected annual production rate. An increase in annual production should significantly add to the project value"; updated resource estimate expected in Q2 ´12 - Oct 26, 2011

+ Ruling Removes Temporary Suspension of Activity Order for Drilling on Black Iron's Symanivske Project

+ Ruling Paves Way for Black Iron to Commence Definition +Exploration Drilling Program Upon Receipt of New Drilling Permits +Remobilization of Drills

+ 20,000 Meter Drill Program Aims to Increase Estimated Mineralization @Shymanivske -to 1.0 to 1.2 Billion Tonnes Grading 28% to 32% Iron

+ Drilling to Target Known Mineralized Zones Open Along Strike to the Northern Portion of the Property +@Depth Across the Deposit

+ Black Iron Believes It Has Sufficient Cash on Hand to Complete the Ongoing Preliminary Economic Assessment as Well as This Drill Program ...
www.blackiron.com/News/Press-Release-Details/2011/Black-Iron…

[Popeye82]

Uranex - Coal Seam Intersection in 1st Hole, @Songea Coal Project - Oct 26, 2011

HL:

+ Coal seam intersections from 1st hole of a planned twenty(20) hole RC &Diamond drilling program @the Songea Coal project confirms presence of coal within Lumecha Coalfield, interpreted to extend over 250-300km2.

+ The current 20 hole(4,000m) RC &Diamond program is expected to be
completed in late November ´11.

+ RC chip samples will be sent to Johannesburg for an indicative suite of coal analyses &diamond core samples sent to Brisbane for a comprehensive suite of coal analyses.

+ Songea Coal Project covers 2,606km2 &is favourably located in the Ruhuhu Basin, well known for large tonnages of high quality thermal coal with published resources >1 billion tonnes. ...
http://stocknessmonster.com/news-item?S=UNX&E=ASX&N=363472

[Popeye82]

Solid Resources - Reports Initial NI 43-101 Resource Estimate, on Rare Metals Property: 0.2Mt @79.7ppm Tantalum, 584.8ppm Tin, 0.55% lithium &79.8ppm Niobium M, 1.4Mt @86.1ppm Tantalum, 584.1ppm Tin, 0.43% lithium &80.2ppm Niobium I &4.0Mt @93.0ppm Tantalum, 593.6ppm Tin, 0.35% lithium &84.9ppm Niobium I; estimate is restricted to the Presqueiras(northernmost area) deposit, which is part of the larger 3,690 hectare, 14 KM long Doade-Presqueiras concession. This particular estimate does not include any of the additional southern zones, included in the recently completed ´11 drill campaign; Company will be releasing the results of the NI 43-101 compliant resource estimate on the southernmost area(Taboazas) very shortly, is planning an extensive drill program throughout ´12 to further substantiate +upgrade the resource estimate on the entire concession - Oct 24, 2011
www.solidresources.com/component/content/article/35-press-re…


Solid Resources Reports Additional NI 43-101 Resource Estimate, for Southern Zone of Rare Metals Property: 0.2Mt @150.8ppm Tantalum, 708.2ppm Tin, 0.81% lithium &115.3ppm Niobium I &4.0Mt @144.7ppm Tantalum, 646.1ppm Tin, 0.77% lithium &109.2ppm Niobium I; G. Pendura: "The combined drill areas for both Presqueiras +Taboazas sections represents <10% of the property's "potential mineralised zone". The distance between these two zones reported in the NI 43-101 is approximately 10 km. Past scout drilling in between these two sections has allowed us to believe that the deposit is approximately 250-300 m wide +runs almost the full length of the 14 km property. Management intends to substantially increase the resource estimates of the concession with an extensive 6,000 m drill program throughout ´12" - Oct 25, 2011
www.solidresources.com/component/content/article/489-solid-r…

[Popeye82]

Save The World Air - Recent Test Results Published by U.S. DOE/RMOTC States STWA's New Technology Delivers Increases in Pipeline Efficiency of 13.14% to 13.55%; Company's Proprietary AOT(TM) Device Could Materially Reduce Oil Transport Costs +"Assist in U.S. Energy Independence" ; C/CEO: "We are very excited by the strong results AOT™ has shown in field-scale testing as outlined in the RMOTC's report. Based on the trials performed, the data for our AOT™ prototype showed a very significant line loss improvement when employed on a live oil pipeline when running below the suggested threshold power settings. Additional testing will be required to allow us +Temple University to more fully evaluate +confirm the efficacy of our AOT™ technology as well as its commercial application. We expect to potentially achieve better results on subsequent trials that we plan to schedule shortly in front of industry members. I would like to thank the RMOTC +industry members for providing the infrastructure +technical expertise to support our testing +validate our technology. Based on these results, we believe that AOT™ truly has the potential to change the way crude oil is transported around the globe +generate considerable cost savings for the pipeline industry ", Dr. Rongjia Tao, Chairman of Temple University's Physics Department +Chief Scientist of the project: "The tests confirm our lab results that the new technology reduces the oil viscosity, increases the oil flow rate in pipelines, +suppresses turbulence. The new technology is expected to have great impact on energy production +transportation. I truly appreciate the efforts +hard work STWA has spent on the project", ED: "Watching the pump head discharge pressure go down 18psi, +watching the pressure gauge 4 miles downstream go up in pressure as the fluid no longer drags as badly against the pipe wall, while your pump motor variable frequency drive unit is telling you it's using 1.95 less kilowatts to run @the same speed is really exciting to see with your own eyes. This is important for domestic energy production because the new fields coming online, especially in the Midwest, are already @or over capacity as it is. Unlocking pipeline line-loss lets your pumps run @the same speed using less energy like we did in this test, or lets you run your pump faster @the same energy you used before" - Oct 26, 2011

HL:

+ The Rocky Mountain Oilfield Testing Center(RMOTC) conducted a field test on the STWA in-line viscosity reduction device @he Naval Petroleum Reserve No. 3(NPR-3) located 35 miles north of Casper in Natrona County, Wyoming.

+ The in-line viscosity reduction device is designed to reduce the line-loss of crude oil traveling through a commercial pipeline +hereby reduce the energy required to transport crude oil through pipelines.

+ Gains in pump operation efficiency were observed on the 4.4 mile, 6 inch, schedule 80 buried pipeline test loop.

+ STWA, Inc.(STWA) of Santa Barbara, California, together with Temple University of Philadelphia's physics department, designed +reated the AOT device to reduce the energy required to transport crude oil through commercial pipelines.

+ The device exposes passing crude oil to a precisely controlled electric field to reduce the oil viscosity. This is intended to reduce line-loss(fluid drag) +ressure, without changing the oil temperature or composition. In a commercial pipeline operation, the intended results would translate into reduced pump power required to maintain constant flow rates, +would thereby deliver energy savings for crude oil transportation.

+ Power consumption was observed to decrease by 13.55% when the device was operating @1/3 its power capacity. After running for 70 minutes, the device was deactivated, +pump motor power consumption returned to baseline pre-treatment numbers within 56 minutes.

+ Power consumption was observed to decrease by 13.14% when the device was operating @1/4 its power capacity. After running for 75 minutes, the device was deactivated, +pump motor power consumption returned to baseline pre-treatment numbers within 15 minutes.

+ Preliminary test results indicate that the viscosity reduction device operated successfully.

+ Pipeline line-loss +pump motor power consumption were reduced for a given flow rate during the observed test.

+ The device may hold potential for energy savings +increased pipeline flow rates for the oil production +transportation industry.

+ This research was co-funded by STWA, Inc. +the Pipeline Research Council International(PRCI). Work was directed by Clarke Turner, Brian Haight, Wes Lintz, Wes Riesland, +Jeanette Buelt(of RMOTC). ...
www.rmotc.doe.gov/PDFs/TS19_51141_Final%20Report.pdf
http://finance.yahoo.com/news/Recent-Test-Results-Published-…

[Popeye82]

Klondex Mines - Continues to Advance Surface Exploration &Underground Development, @its Fire Creek Gold Project in Nevada - Oct 18, 2011
http://finance.yahoo.com/news/Klondex-Mines-Continues-to-bw-…

[Popeye82]

Stellar Biotechnologies - &Life Diagnostics Announce Agreement, for Stellar Brand KLH ELISA Test Kits; F. Oakes: "As the market leader in the manufacture +commercialization of ELISA test kits for immunology research, Life Diagnostics is an excellent partner for Stellar. We share a common interest in manufacturing the highest quality products +Life's long-standing expertise in developing leading ELISA products for the preclinical market may lead to further synergies. Stellar will also offer KLH immunizing products for use with the new KLH ELISA test kits. The Stellar KLH product line provides pharmaceutical researchers with a spectrum of consistent, standardized, quality reagents +materials. We look forward to offering these products to the research +clinical markets in early ´12", C. Chadwick: "Our agreement with Stellar Biotechnologies reinforces Life Diagnostics' commitment to providing the highest quality products +specialized reagents to global biopharmaceutical +biotechnology customers. We are pleased to be working with Stellar's diagnostic team +look forward to producing a premium product line under the Stellar brand" - Oct 26, 2011
http://finance.yahoo.com/news/Stellar-Biotechnologies-Life-i…

[Popeye82]

IC Potash - announces 20% increase in Measured +Indicated Mineral Resources: now has 838 million tons of M/I mineral resources @a minimum 5 foot thickness @~22.7% Eq Grade K2SO4, which translates into >190 million tons of SOP contained within the ore, which currently sells for $700 per ton in the US, ICP's key addressable market +269.000.000t @22.9% Eq Grade K2SO4; S. Himmel: "The finalization of the Company's exploration programs +related increase in measured +indicated resources represent a significant achievement for ICP. We have defined a world class mineral deposit with an extremely continuous thickness, constant grade, +low dip. This positions our Ochoa project as a low cost +long life mine, which we intend to integrate with a scalable processing facility to produce SOP, the world's premium price potash" - Oct 13, 2011
http://finance.yahoo.com/news/IC-Potash-Corp-announces-20-cn…

[Popeye82]

Axion International Holdings´s - Technology Named One of the TopIII Worldwide Innovations of ´11 , @the R&D 100 Awards; J. Kerstein: "To have this technology take its place as an R&D 100 Award winner alongside MAJOR think tanks , governmental agencies , +various technological innovators speaks volumes with regard to the joint effort put forth by our team +is truly rewarding. For a company of our size to even be mentioned with some of the other giants of industry recognized here is truly a testimonial to how innovative +effective a public, private +academic partnership can be. To be selected by the editors of R&D Magazine as a topIII technology for the year ´11 is not only a thrill for everyone involved , but serves to support the role that this technology could play in greening tomorrow’s infrastructure +reducing the role of planned obsolescence in building materials " - Oct 19, 2011
http://finance.yahoo.com/news/Axions-Technology-Named-One-bw…

[Popeye82]

Nevsun Resources - Drills 37.5m of 8.26% Copper Adjacent to Bisha Mine - Oct 27, 2011
www.marketwire.com/press-release/nevsun-drills-375m-of-826-c…

[Popeye82]

Kivalliq Energy - 1st High Grade Assays Reported, From New Eastern Extension Zone; J. Ward: "The discovery of the Eastern Extension was the direct result of our RC drilling strategy. These assays underpin the growing importance of the Lac Cinquante trend, &like the Western Extension, will go towards revising the resource estimate for Lac Cinquante by the end of Q1, ´12" - Oct 27, 2011

HL:

- 2.65% U3O8, 134.63 g/t Ag, 0.06% Cu,1.67% Mo over 0.5 metres in 11-LC-094
- 2.33% U3O8, 61.40 g/t Ag, 0.16% Cu, 0.57% Mo over 0.4 metres in 11-LC-092
- 1.84% U3O8, 16.63 g/t Ag, 0.55% Cu, 0.07% Mo over 1.0 metres in 11-LC-096
- 1.00% U3O8, 27.75 g/t Ag, 0.09% Cu, 0.39% Mo over 1.0 metres in 11-LC-093
- 0.75% U3O8, 31.23 g/t Ag, 0.07% Cu, 0.46% Mo over 1.4 metres in 11-LC-084

+ Eastern Extension strike length is 550 metres; future drilling will test along strike &to depth

+ Assays pending from an additional 20 drill holes @Eastern Extension(Estimated true widths - see assay results table below) ...
www.marketwire.com/press-release/kivalliq-energy-corporation…

[Popeye82]

Cap-Ex Ventures - Green Bush Zone Extended To >7 Kilometers, in Length - Oct 7, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-green-b…



Cap-Ex Ventures Ltd.: Drill Hole DDH103-44 Returns Over 258 Metres of Iron Formation -the Thickest Intersection to Date; Combining previous results, this drilling indicates the east limb of the Greenbush Zone to have a strike length of @least 8 kilometres, with widths of up to one kilometre - Oct 27, 2011

Based on the results from the 11 drill holes, the thickness of the magnetite bearing horizon in the remaining 11 holes +the presence of very strong coincident magnetic +gravimetric airborne anomalies(which shows remarkably good reliability as drilling targets), the following basic interpretations can be drawn:

+ The area with strong magnetite mineralization is ~16 square kilometres in size.

+ The average thickness of the magnetite mineralization is 75 metres.

+ The specific gravity of the mineralization is similar to surrounding deposits +averages 3.3 grams/cm3.

+ The mineralization is open in all directions. ...
www.marketwire.com/press-release/cap-ex-ventures-ltd-drill-h…

[Popeye82]

Black Iron - to Release Preliminary Economic Assessment for the Shymanivske Iron Ore Project on October 31, ´11 - Oct 27, 2011
www.marketwire.com/press-release/black-iron-release-prelimin…

[Popeye82]

African Iron - JORC Hematite Resource @Mayoko Increased 267% -to 121 Mt - Oct 27, 2011

HL:

+ JORC mineral resource @Mayoko increased by 267% to 121 million tonnes.

+ Hematite DSO mineral resource increased by 33% to 44 million tonnes @55% Fe.

+ Improved geological confidence from infill drilling enables 58% or 25 million tonnes of the DSO mineral resource to be classified as Indicated.

+ Maiden beneficiable DSO Inferred Mineral Resource of 77 million tonnes @41% Fe.

+ This mineral resource covers only Mount Lekoumou, approximately 28% or 1.8km of the >6.5km of mineralised Mount Lekoumou to Mount Mipoundi strike.

+ Maiden mineral resource @Mount Mipoundi expected end of March ´12.

+ New mineral resource enables pre-feasibility study to be initiated with results to be released in mid-´12. ...
http://stocknessmonster.com/news-item?S=AKI&E=ASX&N=563373

[Popeye82]

IBC Advanced Alloys - Signs Memorandum of Understanding With Ceramic Tubular Products, to Advance Nuclear Fuel Technologies - Oct 27, 2011
www.marketwire.com/press-release/ibc-signs-memorandum-unders…

[Popeye82]

Finding Petroleum - I XXXIII - Oct11

+ Deepwater Horizon: how big were the holes?

+ How technology investors make decisions

+ A better understanding of shale

+ Making DOF infrastructure work

+ Drilling with real time physics

+ Security +the digital oilfield ...
http://c183554.r54.cf1.rackcdn.com/dej33web.pdf

[Popeye82]

Mining Summary - LC - Oct 27, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Baobab Resources Plc - Further Quality Grades from Ruoni South - Oct 27, 2011

HL:

+ Ruoni South drilling has defined broad packages of mineralisation delivering some of the best quality concentrate grades in the Massamba Group, including a consistently high grade of 1% V2O5.

+ Significant drill intercepts include 136m @a head grade of 32% Fe &a DTR concentrate grade of 64% Fe, 1% V2O5 &5% TiO2 @a mass recovery of 27% from 96m in RSRC0016.

+ JORC resource estimates for Ruoni North &Chitongue Grande Extensions are nearing completion with Ruoni South expected by the end of November.

+ Scoping Study compilation @an advanced stage with preliminary results expected to become available during the latter half of November.

+ Drilling is progressing steadily @Tenge, outlining substantial zones of strong mineralisation. 1st analytical results are expected during December. ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Timberline Resources - Completes Definitive Agreement To Sell Its Contract Drilling Subsidiary; valued @>$13 million, subject to closing adjustments - Oct 27, 2011
http://finance.yahoo.com/news/Timberline-Resources-iw-266738…

[Popeye82]

Blue Sky Uranium - Announces High-Grade Near Surface Uranium Discovery, @IVANA; newly discovered mineralized area is located 20km south from the 20-km long mineralized trend discovered earlier this year; N. Champigny: "This is an exciting new discovery @IVANA +to date these are the highest uranium grades we have encountered in Argentina" - Oct 26, 2011
www.blueskyuranium.com/s/NewsReleases.asp?ReportID=487061&_T…



Blue Sky Announces Advanced Joint Venture Negotiations with Multi-National Uranium Mining Company - Oct 27, 2011
www.blueskyuranium.com/s/NewsReleases.asp?ReportID=487267&_T…

[Popeye82]

Red Crescent Resources - Successfully Wet Commissions Semi-Mobile Gravity Concentrator Plants for Zinc Ores in South Africa; Plans to Ship Out to Its Hakkari Zinc Project in Turkey in November - Oct 27, 2011
www.marketwire.com/press-release/red-crescent-successfully-w…

[Popeye82]

C @Limited - Executes Agreement to Acquire Mongolian Coal Licenses - Oct 27, 2011

HL:

+ C @ signs a Share Sale Agreement to acquire eight highly prospective Mongolian coal licences for US$7.8million, located in the Ovorhangay +South Gobi provinces

+ Region characterised by a number of recent major black coal discoveries on the doorstep of the expanding Chinese steel +energy markets

+ “Teeg” licence located in the Ovorhangay province of significant interest after C @ intersected two massive black coal seams containing coking properties

+ PhaseII of the exploration program which will include geophysics +further drilling, to commence immediately following the completion of acquisition

+ Company to raise majority of funds via institutional placement, in conjunction with a priority share issue being offered to existing eligible shareholders

+ Proposal to re‐name company to Draig Resources Limited

+ Shareholders to vote on proposals @Annual General Meeting to be held on 30 November ´11 ...
http://stocknessmonster.com/news-item?S=CEO&E=ASX&N=563409

[Popeye82]

Canadian Orebodies - Announces 3rd Set of Drill Results, from Haig Inlet Iron Ore Project; holes from this set of assay results were primarily focused on the eastern +western limbs of the iron formation in the area north of Haig Inlet, results continue to show the excellent continuity of the Kipalu Formation over a vast area, which clearly demonstrates the potential of Haig Inlet to host a large tonnage of iron ore ; In this set of assays, the top of the iron formation averages 79.4m below surface +Thickness of iron formation averages 43.7m; G. McKinnon: "With this 3rd set of assays we continue to see strong +consistent results along with excellent continuity in terms of grade +thickness, @Haig Inlet. The consistent higher grade intervals intersected in each drill hole in the primary target horizon is very positive as the highest grades are those that are the closest to surface"; company remains on track to release an initial NI 43-101 compliant resource estimate by Q1/´12 - Oct 24, 2011
www.canadianorebodies.com/s/NewsReleases.asp?ReportID=486480
www.canadianorebodies.com/s/HaigInletIronOre.asp

[Popeye82]

Asian Activities Report - ABN NW - Oct 27, 2011

- ... Solagran Limited(ASX:SLA) says today that the Company recently visited an Asian country where a poultry trial was conducted in collaboration with a government body in the field of poultry production +disease management. Solagran's Conifer Green Needle Complex was trialled +showed great capacity to improve the quality of eggs. Solagran is confident that they will be in a position to begin commercially supplying this Asian country in the 1st half of ´12. ... -
www.abnnewswire.net/press/en/70278/Asian_Activities_Report_f…
http://stocknessmonster.com/news-item?S=SLA&E=ASX&N=363587

[Popeye82]

Coalspur Mines - Secures 14 Year Port Allocation for up to 8.5MTPA - Oct 28, 2011

+ Coalspur concludes port agreement with Ridley Terminals for 6.0Mtpa throughput
allocation @Prince Rupert, British Columbia, Canada

+ Agreement includes option for additional 2.5Mtpa for a total of 8.5Mtpa

+ 14 year term commences in January ´15 with option for an additional 7 years

+ Port allocation significantly de-risks development of Vista +secures port
requirements for majority of production on Vista ...
www.stocknessmonster.com/news-item?S=CPL&E=ASX&N=563909

[Popeye82]

Tellus Resources to acquire Northern Discovery - AI - 28-Oct-2011
www.australianinvestor.com.au/news.asp?id=42000
www.stocknessmonster.com/news-item?S=TLU&E=ASX&N=654677

"The Board of Directors of Tellus Resources Limited (“Tellus”) (ASX code: TLU) have today announced its intention to acquire a 100% interest in Northern Discovery Limited (NDL), an unlisted Australian public company with a portfolio of coal assets in Indonesia.

Tellus has signed a Memorandum of Understanding (“MOU”) to acquire 100% of the issued capital of NDL, subject to a number of conditions.
Highlights of the acquisition are:
• Tellus to pursue significant coal development opportunities in Indonesia in addition to its current Australian gold strategy.
• The NDL strategy is directed toward becoming a major player in the Indonesian coal sector.
• Transaction is expected to significantly boost Tellus market capitalisation and deliver strong growth opportunities.

The Transaction involves the acquisition by Tellus of all the issued shares in NDL entirely via an exchange of shares and options.

Northern Discovery Limited is an Australian unlisted public company that was incorporated on the 6th of October 2010. NDL's corporate strategy is to generate shareholder value through the selective identification, exploration, acquisition and development of energy coal mining tenements in Indonesia.NDL’S Non‐Executive Chairman is Gary Cochrane, founder and former Director of Millenium Coal and current Chairman of Bounty Mining Ltd. He is an experienced coal executive with more than 25 years in the mining industry. "

[Popeye82]

Linc Energy submits permit for Wyoming UCG Demonstration facility - AI - 28-Oct-2011
www.australianinvestor.com.au/news.asp?id=41998
www.stocknessmonster.com/news-item?S=LNC&E=ASX&N=236670

"Linc Energy Ltd ASX:LNC has announced that it has submitted a permit application and commenced the approval process with the Wyoming Department of Environmental Quality (WDEQ) to build and operate a Underground Coal Gasification (UCG) demonstration plant in one of the richest coal resource sites in the world - Wyoming’s Powder River Basin (PRB).

Linc Energy Chief Executive Officer, Peter Bond, said that the plant will allow the Australian company to prove to US stakeholders, investors and potential commercial partners, the viability of the UCG technology in the USA.

“What makes this so exciting is the opportunity to introduce the enormous potential of UCG to an American audience, and prove that it can be done in an environmentally sound and sustainable manner in the backyard of the largest energy market on the planet. This is not just important for our USA customer base, but the success of Gasifier 6 in Wyoming will have a multiplier effect across whole regions and countries that will see this as just one more reason to adopt UCG into their energy platform.”

Linc Energy is a significant holder of State owned coal leases in the PRB, controlling approximately 184,210 acres (287 sq. miles or 745 sq. km) of coal within the Wyoming PRB. In addition to Linc Energy’s original GasTech lease acquisitions in 2009 and 2010, the Company has acquired an additional 17,280 acres of coal leases from the State of Wyoming in 2011. This additional acreage is near Linc Energy’s latest oil field acquisition, advancing the Company’s business strategy of converting the gasified coal to saleable Gas to Liquids (GTL) products, exportable power and utilising the CO2 produced in Enhanced Oil Recovery (EOR) projects. "

[Popeye82]

Mining Summary - LC - Oct 28, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Blackline GPS - Flat Track Finds Quick Market Appeal, Begins Shipping; C. Slater: "The addition of Flat Track to our investigator +surveillance professional solutions further positions Blackline as a leader within the covert tracking marketplace. Industry enthusiasm around this unique product has already translated into orders, +we are pleased by the immediate response we are receiving from the marketplace" - Oct 28, 2011
www.marketwire.com/press-release/blackline-gps-flat-track-fi…

[Popeye82]

European Green Building Space to Almost Quadruple by ´16; European Union member countries are in the process of adopting “20-20-20” targets that call for 20% reductions in greenhouse gas emissions, the increase of renewables to 20% of total energy use, +20% cuts in overall energy consumption. Representing one of the world’s most ambitious climate change-related initiatives, these goals have strong implications for the increased adoption of energy efficiency measures in commercial buildings across the continent. The building sector accounts for nearly 40% of total energy consumption in the region. According to a recent report by Pike Research, these policy goals will help increase the amount of certified green building space in Europe by nearly four-fold, to 687 million square meters, by ´16; While EU-level policy initiatives will provide important market shapers, the primary drivers for the spread of energy-efficient buildings will be reducing energy costs - PR - Oct11
www.pikeresearch.com/research/energy-efficient-buildings-eur…

[Popeye82]

General Moly - Announces an 18% Increase in Molybdenum &a 47% Increase in Copper, Contained @the Liberty Project - Oct 3, 2011

+ A 18% increase in contained molybdenum within proven and probable reserves to 722 million pounds;

+ A 47% increase in contained copper within proven &probable reserves to 894 million pounds;

+ A 25% increase in proven &probable tonnage to 541.4 million tons;

+ A 6% decrease in proven &probable grades of moly to 0.067%;

+ A 14% increase in proven &probable grades of copper to 0.08%; &

+ A 20% decrease in stripping ratio to 1.2. ...
http://finance.yahoo.com/news/General-Moly-Announces-an-18-b…

[Popeye82]

Liberty Resources - Off-take MOU - Proposed Urea Project; to supply to Nitrogenesys USD$1,000,000,000(USD$1 billion) worth of Ammonium Nitrate Solution; CEO: "This is a 1st step in growing our partnering +offtake strategy for the Urea Corp Fertiliser Project. Some of the by product ammonia from the Urea Corp fertiliser project can be used to produce AN, an important product for miners. It is an excellent 1st step towards illustrating what this Project can deliver. It gives some sense of the scale we aim to achieve with our larger fertiliser offtake negotiations. These negotiations are well underway in 4 countries with a number of the world’s largest fertiliser manufacturers +distributors . There is significant demand for what the Project can produce - fertiliser +other products for farmers +miners alike. There are substantial benefits for Australian farmers, as well as local miners, in having a low cost domestic Urea fertiliser producer meet just some of their growing needs" - Oct 24, 2011
www.stocknessmonster.com/news-item?S=LBY&E=ASX&N=562624

[Popeye82]

Prepare for onslaught of Chinese mining investments; Mining companies should be looking to China as the sovereign debt +European banking crisis squeeze their traditional funding sources, an advisor that specialises in connecting Western firms with Chinese investors said this week. Strategic Capital &Intelligence Group(SGIC)CEO Jack Slibar expected the pace of Chinese investment into foreign mining firms to pick up significantly over the next two or three years; While many market watchers had anticipated China would have gone on a massive shopping spree when the ´08 recession sent commodity share prices to bargain basement levels, this did NOT play out - Oct 21, 2011

- M. Hill -
www.miningweekly.com/article/prepare-for-onslaught-of-chines…

[Popeye82]

Dubai firm plans $500m copper smelter in Tanzania; the east African country's 1st ever - MW/Reuters, DAR ES SALAAM - Oct 24, 2011
www.miningweekly.com/article/dubai-firm-plans-500m-copper-sm…

[Popeye82]

Concordia Resource - Signs Definitive Agreement to Acquire Swala Resources Inc.; adds land package >12,400 km2 - Oct 24, 2011
http://finance.yahoo.com/news/Concordia-Resource-Corp-Signs-…

[Popeye82]

Zambia suspends issuance of new mining licences; Zambia has suspended the issuance of new mining licences to root out potential corruption &"clean up" the process, the Mines Minister in Africa's top copper producer said on Thursday. "My Ministry has with immediate effect &until further notice suspended the issuance of new applications, renewal &transfer of mining &non-mining rights," Wylbur Simuusa said @a media briefing - MW/Reuters, LUSAKA - Oct 20, 2011
www.miningweekly.com/article/zambia-suspends-issuance-of-new…

[Popeye82]

Coal junior looks to consolidate smaller Appalachian mines; Thelon, the TSX-V-quoted coal junior with coal assets in the Appalachian district, believes the area to be “ripe for consolidation” +aims to take advantage of this to >double production of the fuel to ~two-million tons yearly by late ´13, president Jason Walsh said on Wednesday; “There are a lot of smaller mom +pop operations that are borderline economic the way that they are run. If they can be consolidated into a larger operation they can be a lot more profitable,” he told Mining Weekly Online - MW, TORONTO - Oct 20, 2011

- M. Hill -
www.miningweekly.com/article/coal-junior-looks-to-consolidat…

[Popeye82]

China labor costs rise 22% in ´10 - CER/FT - Oct 20, 2011
www.chinaeconomicreview.com/en/content/china-labor-costs-ris…

"New official data from 21 of China's 31 provinces shows minimum wages rose 22% last year, putting increasing pressure on manufacturers that have already lost business due to the global economic downturn, the Financial Times reported.

China's labor costs remain low compared with other developed markets: The highest minimum wage in Shenzhen is only RMB1,320 (US$207) a month, while Beijing's workers are the highest paid RMB13 (US$2.05) an hour. But the divergence between wages in China and other emerging economies like Vietnam and Bangladesh is becoming more obvious: UBS reports that China's share of low-end manufacturing imports in the US has peaked and is now declining. This is putting pressure on China's already-struggling export industry; however, Haibin Zhu, chief China economist at JP Morgan, said that companies which have followed this prescription have seen their profit margins grow more quickly than the national average in recent years. "

[Popeye82]

CBRC pushes banks to increase loans to SMEs - CER/WSJ - Oct 26, 2011
www.chinaeconomicreview.com/en/content/cbrc-pushes-banks-inc…

"China's chief bank regulator is galvanizing banks to increase lending to small businesses, the Wall Street Journal reported, citing a post made Tuesday on the regulator's website.

The China Banking Regulatory Commission (CBRC) said that bank lending to small business must meet or exceed growth in their overall lending average. Banks are particularly encouraged to lend to borrowers of less than RMB5 million (US$730,994), and to increase tolerance for non-performing loans to small firms. To finance these endeavors the CBRC will allow banks to issue special bonds. The regulator stated Monday that it will fast-track approval of debt-financing for banks that lend more to small businesses, and banks can use a lower risk rating for loans of less than RMB5 million when determining capital adequacy ratios. State media estimated in August that 90% of small businesses - often denied loans by banks that favor larger state-owned enterprise - turn to the underground lending market for financing. "

[Popeye82]

TV regulators clamp down on "excessive entertainment" - CER/Reuters - Oct 26, 2011
www.chinaeconomicreview.com/en/content/tv-regulators-clamp-d…

"China's TV regulator announced plans to limit the number of entertainment programs aired during prime time to two beginning next year, amid a broader push to replace content featuring "the dark and gloomy side of society" with morality-building programming, Reuters reported, citing state media.

The directive, issued by the State Administration of Radio, Film and Television, aims to guard against "excessive entertainment" , said the official Xinhua news agency. It will replace the game shows, talk shows, talent shows and reality shows aired by satellite TV stations between 7:30 pm and 10:00 pm with programs that "promote harmony, health and mainstream culture ." Regulations also stipulate that at least two hours of news must be broadcast during the last six hours of the day on 34 stations, according to Xinhua. Domestic media reported in September that SARFT had asked provincial TV stations to limit certain types of entertainment broadcasts; the same month, the administration ordered "Super Girl," a popular TV show akin to "American Idol," off the air. "

[Popeye82]

North Bay Resources - Begins PhaseII Pre-Production Operations, @Ruby Gold Project - Oct 24, 2011
http://finance.yahoo.com/news/North-Bay-Resources-Inc-NBRI-i…

[Popeye82]

Lithium Americas - to Include Potash Production @Its Cauchari-Olaroz Lithium Brine Project - Oct 24, 2011
http://finance.yahoo.com/news/Lithium-Americas-Include-iw-47…

[Popeye82]

Gold titans dish out more dividends - MW, TORONTO - Oct 26, 2011

- M. Hill -
www.miningweekly.com/article/barrick-hikes-dividend-25-2011-…

[Popeye82]

Resource nationalism a threat to mine investing; BlackRock, the world's largest money manager , on Tuesday warned so-called "resource nationalism" was on the rise globally, threatening to undermine investment in sectors where governments were playing too heavy a hand. BlackRock's investment chief for natural resources Evy Hambro singled out the regimes of Robert Mugabe in Zimbabwe +Hugo Chavez in Venezuela as extreme examples of government intervention, but also said Australia's move to introduce new taxes on mining companies was affecting sentiment - MW/Reuters, SYDNEY - Oct 25, 2011
www.miningweekly.com/article/blackrock-sees-resource-nationa…

[Popeye82]

Commodity price boom did not lead to higher SA mining output ; Finance Minister Pravin Gordhan said on Tuesday that South Africa has benefitted from the boom in commodity prices over the past several years, but that it had not led to significant growth in mining production, In contrast, he indicated that mining production expanded by 30% in Australia +44% in Brazil between ´03 +´10, providing a huge boost for investment, tax revenues, jobs +incomes in these countries - MW, JOHANNESBURG - Oct 25, 2011

- Brindaveni Naidoo -
www.miningweekly.com/article/commodity-price-boom-did-not-le…

[Popeye82]

South Boulder Mines - Colluli Potash Resource Upgrade; 130% increase to M/I; continue to support JORC Exploration Target of #1.25 –1.75 billion tonnes @18-20% KCl - Oct 4, 2011
www.stocknessmonster.com/news-item?S=STB&E=ASX&N=559919



Scoping Study Update for Colluli Potash Project - Oct 26, 2011

HL:

+ The technical viability of mining +processing the Colluli Potash Deposit has been confirmed +a Definitive Feasibility(DFS) is scheduled for completion in early ´13 with production scheduled for ´16;

+ A conservative start-up base case to produce an initial 1 million tonnes/annum of standard MOP(KCl) has been determined utilising shallow open pit mining methods for 11 years with scope to significantly increase production rates +mine life to an excess of 50 years based on SOP(Sulphate of Potash);

+ Substantial production upside is expected from the large resource +outstanding exploration potential. The deposit remains open in many directions +further immediate exploration, resource definition +delineation drilling is continuing;

+ The overall production strategy is to initially produce standard MOP(KCl) from Sylvinite mineralisation +to progressively transition the project to include the production of SOP +K-Mg sulphates from Kainitite +Kieserite mineralisation. Only MOP production from Sylvinite mineralisation has been included in the current economic modelling;

+ Metallurgical tests have confirmed froth flotation of Sylvinite as the preferred processing route with estimated recoveries in excess of 80% +with significant scope to increase;

+ Processing facility to be built @the Colluli site with subsequent road transport of damp potash to a drying, storage +port facility in the Anfile Bay area located 65-75kms from Colluli(Figure 1);

+ Marketing study identifies the general Asian region, particularly India +China, as the key export market for South Boulder Potash;

+ Estimated total capital expenditure guidance is in the range of USD$500 –750 million(Average capex for Greenfield projects is >USD$1.0 billion/1 million tonnes of MOP production capacity);

+ Numerous project funding options have been identified, evaluated +are available;

+ South Boulder continues to have overwhelming support from the Eritrean Government to build a long term economically +environmentally sustainable resource project;

+ Further project details +economic modelling will be available in November. ...
www.southbouldermines.com.au/images/uploads/111026_Scoping_S…

[Popeye82]

KPCS meeting should live up to core Kimberley Process mandate; World Federation of Diamond Bourses president Avi Paz made a strong call on Tuesday for the delegations of 75 countries attending the Kimberley Process Certification Scheme(KPCS) plenary on Wednesday to “respect, live up to +abide by” the core mandate of the Kimberley Process(KP). The KPCS is a regulatory system to ensure that diamond trade +industry can operate confidently in a market free of conflict diamonds. The plenary takes place in the Democratic Republic of Congo - MW, JOHANNESBURG - Oct 25, 2011

- Brindaveni Naidoo -
www.miningweekly.com/article/kpcs-meeting-should-live-up-to-…

[Popeye82]

Ireland - Reports Increased Tonnage Estimates, for North Sand Zone; goal of the Company’s ´10 drill program in the North Sand Zone was to both better define +increase the size of previous mineralization estimates. To date, 34 holes have been drilled in this zone. These holes outline a zone covering an area of ~0.67 square miles, to a depth of 200 feet, with a weight mean average gold equivalent(AuE1) head grade of 0.0378 ounces/ton; Company has estimated the geological tonnage of the mineralized sands within the North Sand Zone, from the surface to a depth of 200 feet, to be increased to 145 million(MM) tons, brings the total mineralization in the North +South Sand Zones to a total of 174 MM tons, Previous drilling has also indicated that the mineralized sands extend >200 feet; Company will contract an independent mining engineering consultant to calculate resources, develop a mine plan +determine the minable tonnage within the North Sand Zone; CEO: "We are pleased to report that the average head grade of these latest 28 holes was in line with our expectations for the North Sand Zone. We are currently permitted +plan to drill more holes in ´12, covering ~0.48 square miles adjacent to the North Sand Zone, to potentially expand the boundaries of the mineralized area" - Oct 25, 2011
http://finance.yahoo.com/news/Ireland-Inc-Reports-Increased-…

[Popeye82]

OriginOil - to issue licenses for algae know-how - Reuters, AMSTERDAM - Oct 14, 2011
www.reuters.com/article/2011/10/14/us-originoil-idUSTRE79D1X…



OriginOil Shows How Algae Can Reduce Biofuel Dependence on Food Crops ; identified serious dislocations caused by single-crop fuel policies +pointed to algae as a way to help make crops +waste more sustainable - FY, LOS ANGELES - Oct 19, 2011
http://finance.yahoo.com/news/OriginOil-Shows-How-Algae-Can-…
www.originoil.com/pdf/OriginOil-WRA-Biofuels-2011-Amsterdam.…
https://secure.inl.gov/densification2011/default.aspx
www.algaeindustrymagazine.com/algae-business-its-time-to-set…



OriginOil’s New Harvest Pretreatment Boosts Algae Growth Rates; Researchers have shown improved growth for both fresh +saltwater algae strains; VPoT: "We’ve been developing ways to make our harvesting stage more efficient by pretreating the algae while it is still in growth phase,” said Paul Reep, OriginOil’s senior vice president of technology. “It’s a very promising suite of technologies that now includes this electromagnetic process, which we’ve learned increases growth rates substantially. That could make a big difference in our industry’s growth efficiency projections , +we intend to validate this @full scale as soon as possible", VPoGaP: "These growth rates are such a dramatic improvement over previous electrical stimulation efforts that we codenamed it Green Thumb. We were also excited to learn that the technology has shown excellent results with both fresh +saltwater algae strains" - FY, LOS ANGELES - Oct 27, 2011
http://finance.yahoo.com/news/OriginOils-New-Harvest-bw-5450…

[Popeye82]

Salazar Resources - Intersects New Massive Sulphide Lens in Curipamba, With 13.60 Meters of 11.03 g/t Gold, 379.60 g/t Silver, 3.45% Copper, 25.20% Zinc &1.58% Lead - Oct 25, 2011
www.salazarresources.com/documents/2011-10-25_SRL.pdf

[Popeye82]

Can Kodak rescue itself via a patent bonanza ? - FY/AP, ROCHESTER - Oct 30, 2011

- Ben Dobbin -
http://finance.yahoo.com/news/Can-Kodak-rescue-itself-via-a-…

[Popeye82]

Newland Resources - Maiden JORC Resource of 150 Million Tonnes - Oct 20, 2011

HL:

+ Key milestone for EPC 1230 achieved with maiden JORC Resource Statement

+ Significant resource of 150 million tonnes with coking coal potential

+ 50 million tonnes of coal @depths <50 metres

+ Subsequent drilling expected to increase the resource

+ Ongoing coal handling &quality testing will determine the economics of the Comet Ridge Project with results expected before year end

+ The recently announced Executive Team will now focus on the potential development of Comet Ridge ...
www.stocknessmonster.com/news-item?S=NRL&E=ASX&N=562169

[Popeye82]

Guildford Coal - Maiden JORC Resource - Hughenden, 0.9258billion tonnes - Oct 25, 2011

HL:

+ Key milestone for Hughenden Project with maiden JORC Resource Statement on EPC1477 which provided a portion of the previously published Exploration Target# of 0.58 to 5.72Bt

+ Significant JORC Inferred Resource of 925.8 Mt of thermal coal within nine seams(AU to F) in the Permian Betts Creek Beds, @depths ranging between 350m &595m

+ The maiden resource reinforces the significant scale potential of the Hughenden Project as it is calculated on a resource domain representing <1% of the greater Hughenden Project tenement area

+ An additional intersection of the Betts Creek Coal Seams has since been recorded on EPC1477 last week &will be incorporated into the JORC Resource Model when confirmed, which should enable a further increase of this maiden JORC Resource

+ Further intersections of the Betts Creek Coal Seams have also been intersected with drilling some 15km north of this maiden JORC Resource(on EPC1478) @~200m depth. Further drilling in this area will aim to delineate the subcrop of the Betts Creek Sequence &if successful define a JORC resource potentially amenable to open cut mining methods

+ Drilling on White Mountain Project located on the north eastern edge of the Galilee Basin(on EPC1260) has also successfully intersected the Betts Creek Coal Seams @~80m depth. Further drilling in this area will aim to define a JORC resource potentially amenable to open cut mining methods

+ The maiden Resource on EPC1477 combined with these additional intersections confirms the existence of Permian Betts Creek Coal Seams across the northern end of the Galilee Basin

+ In parallel to this excellent exploration progress on the Hughenden Project, Guildford will in the next 7 to 14 days:

- Commence drilling on the Sierra Project(EPC1822) which is a hard coking coal prospect in the Bowen Basin

- Deliver a maiden JORC Resource on the South Gobi &Middle Gobi Coal Projects in Mongolia ...
www.stocknessmonster.com/news-item?S=GUF&E=ASX&N=653969

[Popeye82]

Continental Gold - Achieves 97.04% +95.65% Gold +Silver Recoveries Respectively from Metallurgical Test Work for the Buritica Project, +Files Its NI 43-101 Maiden Resource Technical Report - Oct 27, 2011
http://finance.yahoo.com/news/Continental-Gold-Achieves-ccn-…

[Popeye82]

Anglo Aluminum - Bellzone Mining plc &Anglo Aluminum Corp.: 3rd Party Access to 300 MTPA Infrastructure in Guinea, being developed by China International Fund Limited("CIF") ; N. Zuks: "The signing of the tripartite MOU with Anglo demonstrates the commitment of CIF, through KHM, to allow 3rd party use on the rail &port infrastructure that is being developed. This facility will accelerate the development of resource projects that will bring significant benefits to Guinea", J. Gillis: "With infrastructure agreements in place, the development of bauxite mining @Mamou Dalaba is a step closer to being realised, &we look forward to working closely with all parties to bring this to fruition", A. Fanaie: "The development of this port &rail corridor represents a new milestone for the mining industry , &it will create further value for Guinea" - Oct 24, 2011

The Accord provided Bellzone with:

- Exclusive access rights over the identified 300 km rail route &Matakan port site @Ile Kabak, 50 kilometres south east of Conakry, for the 30 month duration of the Accord from August ´10

- 30 months to complete feasibility studies &finalise the infrastructure convention

- An agreement that the Republic of Guinea will facilitate all administrative processes that contribute to the optimal completion of the feasibility studies

- A Certificate of Exclusive Build, Operate &Transfer("B.O.T.") Dealer on signing of the infrastructure convention


Development of the 300 million ton/annum capacity rail &port facility, available for 3rd party use, is on schedule:

- Socioeconomic &Environmental Impact Assessment studies("SEIA") &("EIA") awarded in December ´10 are progressing well &are due for completion in November ´11.

- Design options for the multi-berth port layout at Matakan @Ile Kabak have been completed &the detailed feasibility study report is due for completion in Q1 ´12, after receiving final oceanographic &meteorological surveys, which are ~80% complete.

- Land survey work has been completed.

- The dual track, 300mtpa rail route alignment has been finalised with all topographic survey &geotechnical assessments completed.

- Final optimisation to minimise construction times &overall costs is progressing.

- The detailed rail feasibility study report is expected to be completed in Q4 ´11. ...
www.marketwire.com/press-release/bellzone-mining-plc-anglo-a…

[Popeye82]

Endocoal - 500% JORC Resource Upgrade @Rockwood -to 312.5million tonnes - Oct 31, 2011

HL:

+ Rockwood JORC Resource increased to 312.5Mt; 44.5Mt Indicated, with 268.0Mt Inferred

+ Seismic, aeromagnetic +ground gravity surveys confirm structures;

+ Total Endocoal JORC Resource, including Orion Downs, now 348.5Mt; with

+ Rockwood coal quality testing +value-in-use assessments due shortly. ...
www.stocknessmonster.com/news-item?S=EOC&E=ASX&N=654866

[Popeye82]

Europe Has a Deal: Is the Devil in the Details? - FY - Oct 28, 2011

- Stacy Curtin -

Here's what we know of the deal thus far:

+ The European Financial Stability Facility(EFSF) — aka "the bailout fund" — will increase from roughly $600 billion to $1.4 trillion +will be used to help create a firewall around the EU's most troubled countries, such as Greece, Spain +Italy.

+ China +the IMF could help raise money for that bailout fund.

+ Private bondholders of Greek debt have agreed to 50% haircuts, which will reduce the country's debt burden from 160% of gross domestic product to 120% by ´20.

+ Greece will receive $180 billion in fresh aid.

+ Recapitalize the banks with a 9% reserve requirement by June ´09. Estimates show this will cost ~$147 billion. ...
http://finance.yahoo.com/blogs/daily-ticker/europe-deal-devi…

[Popeye82]

Baobab Resources Plc - Massamba Resource Statement No.2; B. James: "we started ´11 with a 48Mt resource &a 300Mt target. Ten months into the year &the global inventory is now sitting @>a quarter of a billion tonnes with the high grade Ruoni South resource still to come in &Tenge beginning to flex its muscle. This would not have been accomplished without the unswerving dedication of our technical team in Mozambique. The Scoping Study is progressing @pace &is assessing development routes that will capitalise on the project's unique proximity to abundant coal &water resources &some of the lowest tariff hydro-power in Africa. Importantly these are the critical complementary resources for establishing a fully integrated iron &steel industry " - Oct 31, 2011

HL:

+ Massamba Group global resource base expanded to 267Mt(JORC) with the completion of the Ruoni North resource estimate &Chitongue Grande resource update.

+ Ruoni North 93Mt Inferred Resource reports a head grade of 35% Fe with an indicative average concentrate grade of 58% Fe, 0.8% V2O5 &13% TiO2 @a mass recovery of 47%.

+ Chitongue Grande Inferred Resource increased from 48Mt to 61Mt reporting a head grade of 25% Fe with an indicative average concentrate grade of 64% Fe, 0.7% V2O5 &5% TiO2 @a mass recovery of 20%.

+ Ruoni South drilling has defined broad packages of mineralisation delivering some of the best quality concentrate grades in the Massamba Group, including a consistently high grade of 1% V2O5. International consultancy, Coffey Mining, is on schedule to deliver a resource estimate by the end of November(Stuttgart: A0Z24E - news).

+ The high mass recoveries recorded @the Ruoni North deposit means that it will yield >double the concentrate per tonne of ore processed than its South Zone or Chitongue Grande counterparts.

+ Scoping Study compilation @an advanced stage with preliminary results expected to become available during the latter half of November.

+ Drilling is progressing steadily @Tenge, outlining substantial zones of strong mineralisation. 1st(OTC BB: FSTC.OB - news) analytical results are expected during December. ...
http://uk.finance.yahoo.com/news/Baobab-Resources-PLC-Massam…

[Popeye82]

Mining Weekly - LC - Oct 31, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Black Iron - Releases Preliminary Economic Assessment Showing 42.1% IRR, 2.2 Year Payback +$3.0 Billion NPV8 for Shymanivske Project; option to produce pellets, of 65% iron, which generates a much higher NPV of US$4.1 billion, along with a reduced IRR of 35.2%; preliminary plan is to construct the mine +concentrator to produce pellet feed for start-up in late ´15 +use cash generated from operations to potentially construct a pellet plant or increase pellet feed production three to five years after start of production; M. Simpson: "The operation outlined by this PEA for the Shymanivske Project indicates the potential for a high value, low net cost iron ore development project. The projected high NPV, net cash flows, +relatively low unit cost for pellet plant feed arise from Black Iron's advantages, including an iron ore deposit with significant infrastructure(existing railway, power lines +port) +access to skilled labour. Our results to date, coupled with this engineering study, make a compelling case for expediting the development of the Shymanivske Project", G. Mover: "We are pleased with the level of engineering expertise +rigor behind this PEA. Through the process we gained considerable insight into potential opportunities for further improvement in the already attractive overall potential economics, including an increase in weight recovery +the simplification of the process flow sheet. These opportunities will be validated during the Feasibility Study phase, which will commence once the scoping study report is finalized, +should further reduce the capital +operating costs. The relatively low unit operating cost of production coupled with close proximity to Turkish +European customers, means this operation has the potential to remain profitable despite +fluctuations in the iron ore price as both demand +supply increase in the future."; Company has recently commenced an exploration +definition drill program to both expand the existing resource +upgrade the mineral classification. With a successful exploration +definition drill program Black Iron expects to be able to support increased production scenarios, which would further increase the already favourable Project NPV - Oct 31, 2011
www.marketwire.com/press-release/black-iron-releases-prelimi…

[Popeye82]

Synodon - Signs Major Gas Producer to realSensTM Services Contract; one of North America's largest gas producers; contract covers the entire pipeline infrastructure operated by the producer in British Columbia which is ~10% of their total network in Canada +the United States - Oct 31, 2011
www.marketwatch.com/story/synodon-signs-major-gas-producer-t…

[Popeye82]

Black Fire Minerals - Major New Copper- Silver Project - Kangeshi - Jul 27, 2011

HL:

+ Black Fire Minerals Limited(ASX: BFE) has entered into an exclusive due diligence +option agreement with Rift Valley Minerals Inc. +TSM Entreprise s.p.r.l. to acquire up to a 54% effective equity interest in the 271km2 Kangeshi Copper-Silver Project located in the Katanga Copper Belt, southern Democratic Republic of Congo(DRC).

+ The Kangeshi mineralisation occurs as an outcropping, shallowly dipping sedimentary horizon that has returned extensive +1% copper(Cu) ++10g/t silver(Ag) rock chip assay results over in excess of 10km of strike length.

+ Broad spaced diamond drilling of the Kangeshi Prospect(1/5 known prospects within the project area) by Vale in ´08, comprising 9 holes along 5km of strike, intersected significant near surface copper-silver mineralisation up to 1.3km down dip(but <180m down-hole) from the surface copper outcrops. Best true width drill intersections include:

- 11.00m @1.10% Cu &23.6g/t Ag in Hole DH-02
- 10.50m @1.20% Cu &22.6g/t Ag in Hole DH-03
- 4.70m @1.42% Cu &37.2g/t Ag in Hole DH-05
- 9.85m @0.85% Cu &16.3g/t Ag in Hole DH-06


+ Based on the available data, Black Fire’s Initial Exploration Target* for the Kangeshi Prospect is 25 -35Mt @0.8 –1.2% Cu +15 -20g/t Ag. The potential of the remaining prospects is yet to be assessed along with the deeper underground potential.

+ The Kangeshi copper mineralisation is in the form of highly favourable chalcocite(Cu2S) which generally produces a very high grade concentrate. Assaying to date has indicated no significant potential penalty elements.

+ A 5,000m diamond +RC drilling program infilling +extending Vale’s drill coverage with the aim of defining a maiden JORC compliant resource within 6-8 months is planned to commence before the end of September.

+ To assist in funding the minimum investment under the transaction, firm commitments for a $792,500 share placement under the Company’s 15% capacity under Listing Rule 7.1 have been received.

+ Black Fire’s planned 5,000m aircore drilling program @the Longonjo REE Project in Angola remains fully funded +is expected to commence during August. ...
www.stocknessmonster.com/news-item?S=BFE&E=ASX&N=550445

[Popeye82]

Mining Summary - LC - Nov 1, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Hiobsbotschaft aus Fukushima; Tepco: In Reaktor 2 gibt es offenbar Anzeichen erneuter Kernspaltung - DPA, TOKIO - Nov 2, 2011
http://web.de/magazine/nachrichten/ausland/14053560-anzeiche…

[Popeye82]

Chalice Gold Mines - Chalice +ENAMCO Sign Zara Mining Agreement - Nov 2, 2011
www.asx.com.au/asxpdf/20111102/pdf/42286zc28cndjz.pdf

[Popeye82]

Mining Summary - LC - Nov 2, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Arbeitslosenzahl sinkt weiter; Auch im Oktober ist die Zahl der Arbeitslosen Experteneinschätzungen zufolge noch einmal kräftig gesunken -&zwar um rund 60 000 auf 2,73 Millionen - DPA, NÜRNBERG - Nov 2, 2011
http://web.de/magazine/finanzen/wirtschaft/14053512-im-oktob…

[Popeye82]

Bauxite Resources - Resource Upgrade; Up 53%; anticipated that further resource updates will be announced over the next 3-4 months - Nov 2, 2011

HL:

+ Total Bauxite Resources increased by 53% to 51.2 Mt @41.1% Total Alumina, 30.1% Available Alumina 3.9% Reactive Silica with the release of the maiden CardeaIII bauxite resources;

+ CardeaIII Indicated &Inferred Resource of 17.8 Mt @41.2 % Total Alumina 29.9% Available Alumina +3.8% Reactive Silica;

+ New CardeaIII resource within 6km of existing rail infrastructure +120km from nearest bulk handling port;

+ Resource estimation for the several other prospects within the Northern Darling Range tenements is currently underway. ...
www.stocknessmonster.com/news-item?S=BAU&E=ASX&N=565101

[Popeye82]

Lydian International - Drilling Intersects 146 Meters @1.6g/t Gold(Open @Depth) @Erato, 138 Meters @1.5g/t +101 Meters @1.1g/t Gold From Artavasdes; Step-out +infill drilling further extends resource potential @Arshak +further soil geochemical data better reveals structural orientations +drill targets across the project - Nov 2, 2011
www.marketwire.com/press-release/lydian-drilling-intersects-…

[Popeye82]

Quantum Rare Earth Developments - Options Out Australian Properties; allowing the Company to focus on the development of the Elk Creek Carbonatite - Nov 2, 2011
www.marketwire.com/press-release/quantum-rare-earth-developm…

[Popeye82]

Freeport Indonesia says to take month to fix cut pipeline; Freeport Indonesia will take a month to fix its main sabotage-hit pipeline to take concentrate from the world's 2nd-biggest copper mine to its port, where there are no stockpiles left for shipping. No further concentrate was heading from the massive Grasberg mine to its port in the remote Papua region either, the firm said, implying the force majeure that it declare - MW/Reuters, JAKARTA - Nov 2, 2011
www.miningweekly.com/article/freeport-indonesia-says-to-take…

[Popeye82]

Congo's Gecamines refuses to publish mining contracts; Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website. The refusal is likely to dent a donor push to increase transparency after Congo in May appeared to bow to International Monetary Fund(IMF) &World Bank pressure to publish all mining contracts in an effort to clean up its murky extractive industries sector - MW/Reuters - Nov 1, 2011
www.miningweekly.com/article/congos-gecamines-refuses-to-pub…

[Popeye82]

Mozambique's CFM to upgrade Sena coal line by early ´13; Mozambique's ports +railways company CFM expects to complete a much-delayed refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early ´13, its chairman Rosario Mualeia said on Tuesday. CFM was asked to complete the upgrade of the line after the government cancelled a contract it had with India's Rites +Ircon(RICON) when the consortium had failed to deliver the project despite many delays - MW/Reuters, JOHANNESBURG - Nov 2, 2011
www.miningweekly.com/article/mozambiques-cfm-to-upgrade-sena…

[Popeye82]

Rio adds more trucks to its driverless fleet; will become the owner of the world’s largest fleet of driverless trucks after signing a deal to add 150 more to its Pilbara iron-ore operations; move signals a 15-fold expansion from the miner’s previous plan - MW, PERTH - Nov 2, 2011

- Esmarie Swanepoel .
www.miningweekly.com/article/rio-adds-more-trucks-to-its-dri…

[Popeye82]

Passport Potash - NI 43-101 Technical Report on Exploration Potential: 5.5 -6billion tonnes @3.2 -9.4% K2O - Nov 2, 2011
www.marketwire.com/press-release/passport-potash-ni-43-101-t…

[Popeye82]

Segue Resources - Excellent Drilling Results from Emang Manganese Project; represents over 40% of the planned holes for the Initial Drilling Programme @the Project; maiden resource statement for the Emang Manganese Project is expected to be released by early December; S. Michael: "The initial exploration results from the Emang Manganese Project exceed the Company’s expectations @this early stage of exploration. To encounter manganese mineralisation in >85% of holes drilled is remarkable, +is a testament to the exploration team, led by Tenure Mineral Consultants. We look forward to receiving the 1st assay results in mid-November, followed by a maiden JORC resource in early December – <six months from the Company entering into the farm-in agreement. This will be a significant achievement for Segue +the Emang Manganese Project" - Nov 2, 2011

Progress Report on Drilling @Emang

- RC holes completed: 28
- Holes intersecting manganese ore1,2: 24
- % holes intersecting manganese ore: 85.7%
- Total metres drilled: 747m
- Average hole depth: 26.7m
- Average manganese intersection/hole1: 6.2m
- Maximum manganese intersection1: 14.5m
- Depth to manganese: 0m to 30m with up to 3 intersections per hole

1. Manganese intersections based on visual logging by site geologists. Assays are pending for all RC holes.
2. Manganese mineralisation logged as containing iron or aluminium has been omitted from these statistics. ...
www.stocknessmonster.com/news-item?S=SEG&E=ASX&N=565130

[Popeye82]

CBM Asia Development - Announces Independent Estimate of Coalbed Methane Resources, @Sekayu PSC, Indonesia: 1,062 Bcf of Gross Recoverable Prospective Resources; Scott H. Stevens: "We are pleased to disclose for the 1st time coalbed methane resources @Sekayu. These estimates -- prepared by respected 3rd-party evaluator NSAI -- validate the thick coal seams, positive gas content results, &gas-to-surface that we have recently reported. Based on these results the Company is assisting operator Medco Energi to plan its pilot production program, with the goal to achieve commercial production in ´12, potentially increasing resources volumes &continuing the process of upgrading the resources to proved reserves status. The resource results support CBM Asia's investment target of maximizing our return on exploration investment. Indeed to September ´11 the Sekayu consortium has spent approximately USD9.3 million – inclusive of signature bonus - yielding an estimated 1,062 Bcf of recoverable prospective resources. The Sekayu PSC represents only ~11% of CBM Asia's total coalbed methane net acreage in Indonesia &only ~4.5% including the extensions under application on the Company's new interests in the Hulu &Bentian Besar PSC's. We believe CBM Asia's other properties offer a similar return on investment potential &that Resource Consulting International's upcoming resource estimate will provide further insight to the potential scale of the Company's overall resource base" - Nov 2, 2011
www.marketwire.com/press-release/cbm-asia-announces-independ…

[Popeye82]

Fission Energy - Trenching Yields Additional Off-Scale Boulders, @PLS; additional forty-nine radioactive boulders with nineteen boulders producing "off-scale"(>9,999 counts per second [cps]) radioactive readings); latest radioactive boulders occur in the high grade boulder field that has been traced for a north-south length of ~5km Xup to 0.9km wide; successful completion of this trenching program represents a significant step towards locating the bedrock source of the large uranium boulder field discovered by the JV in June ´11, Line cutting is now underway in preparation for Max Min Electromagnetic(EM) +Induced Polarization(IP) ground geophysical surveys; A planned 10 hole/1,000m drill program will follow shortly thereafter - Nov 1, 2011
www.marketwire.com/press-release/fission-energy-corp-trenchi…
www.fission-energy.com/s/pattersonlakesouth.asp

[Popeye82]

Latin Resources Will Soon Release A Maiden JORC Resource On The Gaudalupito Iron Sands Project, To Be Followed In Short Order By A Scoping Study - MS - Nov 2, 2011

- By Sally White -
http://minesite.com/news/latin-resources-will-soon-release-a…

"The next few months should be all-action ones for ASX-listed Latin Resources as it continues to make progress on its iron sands and iron ore projects in Peru, and in particular on the flagship Guadalupito iron sands project on Peru’s north central coastline.


Latin has been working on its Peruvian projects for two years, and has so far spent US$7 million, supported by cornerstone shareholders Cape Lambert, which has 15 per cent, and RMB Resources (First Rand Bank), which has five per cent.

Drilling on Guadalupito has been ongoing for several weeks now, in preparation for a maiden inferred resource estimate which should be out later this month, and which is being prepared by Snowden.

Following on from that, a scoping study on the project should be nearing completion by the end of the year. A couple of weeks ago managing director Chris Gale announced that Latin Resources had engaged global engineering and project management group Ausenco to undertake this study. Ausenco, says Gale, has proven mineral sands experience and is very familiar with the Peruvian resources sector.

The brief for the study envisaged a 30 million to 35 million tonnes per year mining operation that would very likely deliver magnetite to the smelter in the city of Chimbote, which lies to the south of Guadalupito in the Ancash region of Peru. Chimbote is a major port and also the location of an important smelter owned by Gerdau Group, which ranks 14th among the world’s steel-makers.

Ausenco’s study will cover all aspects of the project, including the potential development of early cash flow on the basis of a simple 10 million tonnes per year mining operation producing a magnetite product with zircon and gold.

As the company stated in May, its aspiration is to work up a resource of around two billion tonnes of mineralised sediment over an area of 6,000 hectares. Initial testing confirms heavy mineral presence to 20 metres below the surface, and it’s also worth noting that initial testwork has shown that no milling will be required to liberate many of the metals that Latin is targeting.

At its other leading project, Ilo Norte, Latin Resources has completed the drilling of eight initial reverse circulation holes. The results were highly promising, as all of them encountered iron and copper mineralisation and, in what amounted to “a nice surprise” according to Gale, there was also gold anomalism coincident with the copper mineralisation. In light of that he’s pressing on fast to carry out infill drilling in order that Latin can better understand what it has at Ilo Norte.

Meanwhile, there is the Mariela iron ore project, located like all the Latin Resources projects , on key transport routes and close to a major port. There, all the drilling permits are in place and drilling is planned for the first quarter of next year.

Latin Resources listed in September 2010. The company then raised A$4 million in a private placement in May. Following on from that in August a shareholder purchase plan raised a further A$438,496 at A$0.26 a share.

But although the latter sum was not as much as Chris Gale had been hoping for, given the parlous state of the markets at the moment, Latin’s current A$2 million in the bank looks healthy enough. It will certainly allow it to proceed with its development programme in the medium term and cushion it from any near-term shocks.

Waiting on news on the JORC and scoping study the shares have slipped back to A$0.19, which is at the bottom end of the 12-month trading range, which runs between A$0.14 and A$0.44. At the current price the company is capitalised at A$17.8 million.

However, Chris Gale is cautiously happy with his progress so far: “The recent exploration success at Guadalupito and Ilo Norte is encouraging. The maiden resource coupled with the scoping study due for completion at Guadalupito in December 2011 shows that Latin Resources could have a promising future”, he says. And as the results start to come in, that statement may turn out to be something of an understatement. "

[Popeye82]

Sipa Resources ‐ Antofagasta Strategic Copper Exploration Alliance, one of the world’s largest copper producers; Placement +SPP - Oct 28, 2011
www.stocknessmonster.com/news-item?S=SRI&E=ASX&N=563873

[Popeye82]

Monarques Resources - Discovers a 25 km Massive Sulphide Zone, @Bourier; 2,214m of drilling(15 holes) were completed in the northern portion of the Bourier property to test the continuity @depth of the massive sulphide area which was identified in the work carried out during the summer ´10. Four trenches have been mechanically striped on the massive sulphide zone +, due to the end of the summer season, samples will be taken in the summer of ´12. In addition, last summer, geological mapping +prospecting campaigns were completed on the extension to the north-east of the same massive sulphide zone, during which time, 509 rock samples, including 273 channel samples +1,526 soil samples were collected for geochemical characterization. The results of these field campaigns are expected shortly. Drill core is currently being logged +will be sent for assaying shortly. Work to date has confirmed that the massive sulphide body extends for up to 25 km; To protect the Company's interest in this area, Monarques has acquired by map staking 25 new claims to cover the extensions of geophysical anomalies @the north-east end of the property - Oct 27, 2011
http://monarques.mwnewsroom.com/press-releases/monarques-res…

[Popeye82]

Malbex Resources - Releases 1st Resource Estimate for Rojo Grande Gold-Silver Deposit: in-pit, inferred resource of 25.4 million tonnes of oxide material grading 1.00 g/t gold +13.3 g/t silver for 816,600 ounces of contained gold +10.9 million ounces of contained silver - Sep 12, 2011
http://finance.yahoo.com/news/Malbex-Releases-First-iw-38172…

[Popeye82]

Charter Pacific Corporation - Announces Mauritania Iron Ore Exploration Programme Proceeds to Next Stage; Exploration Target of between 2.4 &2.6 Billion Tonnes(Bt) - Oct 27, 2011
http://finance.yahoo.com/news/Charter-Pacific-Announces-bw-3…
www.stocknessmonster.com/news-item?S=CHF&E=ASX&N=236092
www.businesswire.com/portal/site/home/permalink/?ndmViewId=m…

[Popeye82]

Driven Capital - Confirms Ultra High Grade Samples, @Lyn: Up to 10,505 g/t Silver +58.14% Lead - Sep 8, 2011
http://finance.yahoo.com/news/Driven-Confirms-Ultra-High-iw-…

[Popeye82]

Sudan hands out 50 more gold exploration licences; African gold producer Sudan has handed out 50 more licenses to 73 firms to explore gold +other minerals, state news agency, the SUNA said on Sunday. Sudan is trying to expand its small gold production to compensate for the loss of most of its oil reserves to South Sudan which became independent in July; Sudan would build @the start of next year a refinery with capacity of 150t of gold +30t of silver; In total, Sudan expects to produce about 70t of gold in ´11, he said. Only an estimated 6 to 7t gold will come from regular mines, rest is being produced by >200000 local Sudanese attracted by a gold rush whose exact output is "hard to verify" - MW/Reuters/SUNA, KHARTOUM - Nov , 2011
www.miningweekly.com/article/sudan-hands-out-50-more-gold-ex…

[Popeye82]

Pech für Madoff-Opfer; US-Richterin lehnt milliardenschwere Forderungen ab - DPA, NEW YORK - Nov 2, 2011
http://web.de/magazine/finanzen/wirtschaft/14056774-pech-fue…

"Die Opfer des Milliardenbetrügers Bernard Madoff könnten auf einem Teil ihres Schadens sitzenbleiben: Eine US-Richterin hat milliardenschwere Forderungen gegen die Banken JPMorgan Chase und UBS weitgehend zurückgewiesen.


Madoff-Treuhänder Irving Picard hatte die zwei Kreditinstitute auf insgesamt 21 Milliarden Dollar (15 Mrd Euro) verklagt, weil sie seiner Meinung nach aus purem Eigennutz das größte Schneeball-System aller Zeiten am Laufen gehalten haben.

Picard steht an der Spitze der bankrotten Investmentfirma von Bernard Madoff, der eine Haftstrafe von 150 Jahren absitzt. Der Treuhänder sieht es als seine Aufgabe an, den Opfern ihr Geld wiederzubeschaffen. Dazu hat er mehr als 1000 Klagen eingereicht, vor allem gegen Partnerbanken von Madoff und gegen Investoren, die von dem Betrug profitiert haben.

Von den nach seinen Angaben 17,3 Milliarden Dollar, die Madoff-Anleger verloren haben, konnte er bis dato etwa die Hälfte wiederbeschaffen. Doch nach ersten juristischen Erfolgen scheint Picards Glückssträhne jetzt gerissen.

Bereits im Juli hatte ein Richter eine 9 Milliarden Dollar schwere Schadenersatz-Klage gegen die britische Großbank HSBC gekippt. Die damalige Begründung: Picard habe als Treuhänder quasi den Platz von Bernard Madoff eingenommen. Und deshalb könne er nicht im Namen der Opfer sprechen. Die New Yorker Bezirksrichterin Colleen McMahon schloss sich dieser Auffassung in einer am Dienstag veröffentlichten Entscheidung an: "Ein Dieb kann niemals die Rolle eines Verwahrers übernehmen."

Eine Sprecherin von Picard erklärte, gegen das Urteil vorgehen zu wollen. Sie betonte zudem, dass die eigentlichen Vorwürfe gegen die Banken unberührt seien: JPMorgan war die Hausbank von Madoff. Picard wirft ihr vor, sie hätte den Betrug angesichts der ungewöhnlichen Zahlungen erkennen müssen und verlangt 19 Milliarden Dollar.

Madoff hatte die vermeintlichen Traumgewinne seiner Anleger mit dem Geld frischer Investoren bezahlt. Die UBS wurde von Picard auf 2 Milliarden Dollar verklagt, weil sie über Fonds das Madoff-System "gefüttert" habe. Die Banken weisen die Anschuldigungen zurück. "

[Popeye82]

Wildcat Silver - announces additional drill results +receives permit to expand drilling onto adjacent land claim; Company currently plans to drill 15 holes on the adjacent property, which further supports its objective to significantly expand the existing Hermosa resource; update to the existing Hermosa resource +preliminary economic assessment is expected to be released in the 4th quarter of ´11; has also received the required permits from the Coronado National Forest to extend its drilling program beyond its private land onto its unpatented claim block - FY, VANCOUVER - Nov 1, 2011

HL

+ Five holes(HDS-193, HDS-194, HDS-197, HDS-199, HDS-209) are located in the centre of the existing Hermosa resource demonstrating significant silver +manganese mineralization. The best intersections include:

- HDS-193 encountered two zones of mineralization with the top zone returning 6.1 metres of 651.9 g/t silver +10.71% manganese.
- HDS-199 encountered three zones of mineralization with the middle zone returning 13.7 metres of 425.1 g/t silver +13.93% manganese.
- HDS-197 encountered four zones of mineralization with the bottom zone returning 7.6 metres of 334.9 g/t silver +15.04% manganese, 1.47% zinc, 3.36% lead +0.34% copper.
- HDS-209 encountered 48.8 metres of 200.3 g/t silver, 12.70% manganese, 2.13% zinc,
1.22% lead +0.11% copper.


+ Six holes(HDS-200, HDS-202, HDS-205, HDS-207, HDS-208, HDS-211) are located in the south +southeast area of the existing resource. All holes, except HDS-208 which had no significant mineralization, demonstrated strong silver mineralization. The best intersections include:

- HDS-200 intersected three zones of mineralization with the middle zone returning an extensive interval of 25.9 metres of 203.3 g/t silver, 6.62% manganese, 1.40% zinc, 0.90% lead +0.13% copper.
- HDS-202 returned 21.3 metres of 233.1 g/t silver and 4.07% manganese.


+ Two holes(HDS-161, HDS-212) are located in the western area of the Hermosa property, where HDS-161 indicates that mineralization continues to the west. HDS-212 returned an extensive interval of 59.5 metres of 141.3 g/t silver, 9.54% manganese, 1.48% zinc, 0.95% lead +0.05% copper.


+ Five holes(HDS-178, HDS-182, HDS-186, HDS-196, HDS-198) are located to the north +northeast of the resource area where results continue to exhibit solid silver +manganese mineralization. HDS-178 indicates an extension of mineralization to the northeast. The best intersections include:

- HDS-178 returned 29.0 metres of 115.0 g/t silver, 13.18% manganese, 1.12% zinc, 1.94% lead +0.15% copper.
- HDS-196 encountered five zones of silver mineralization with the topmost middle zone returning 180.4 g/t silver over 9.15 metres. The bottom zone also returned significant manganese +base metal mineralization averaging 33.54 metres of 100.4 g/t silver, 6.90% manganese, 6.03% zinc, 3.72% lead +0.07% copper. ...
http://finance.yahoo.com/news/Wildcat-announces-additional-c…

[Popeye82]

Buxton Resources - 0.7 -1.3 Billion Ton Exploration Target, @Zanthus Magnetite; A. Maslin: "The Company is extremely pleased to be able to report the substantial Exploration Target @Zanthus. The project has taken another leap forward +can now demonstrate the three key attributes required to develop a successful magnetite project: its potential large size, excellent metallurgical characteristics +close proximity to rail infrastructure. The Company is now pushing forward with an initial JORC resource estimate for Cohen followed by a Scoping Study scheduled to begin shortly" - Nov 3, 2011

HL:

+ Preliminary Global Exploration Target;

- 0.7 -1.3 Billion Tonnes @22%-32% Fe*


+ Five major exploration target areas;

- Cohen: 140 -210Mt @26% -32% Fe*
- Marley Line: 151 -281Mt @22% -32% Fe*
- Zappa-Dylan Line: 227 -421Mt @22% -32% Fe*
- Joplin-Hendrix Line: 151 -281Mt @22% -32% Fe*
- Southern Targets: 76 -140Mt @22% -32% Fe*


+ Initial JORC resource estimation underway for Cohen - expected to be complete by end of November

+ Significant Davis Tube metallurgical test-work program underway to optimize previous excellent results -high grade concentrate produced with excellent recoveries @a grind size of 150 microns(p80)

+ Scoping Study to begin shortly ...
www.stocknessmonster.com/news-item?S=BUX&E=ASX&N=565261

[Popeye82]

MetroCoal - Maiden Indicated Resource of 150.9Mt; increases Bundi resource from 590Mt to 660Mt; new Total: 1.6062billion tonnes; Additional resource confidence upgrade expected when all laboratory results are received later this year - Nov 3, 2011
www.stocknessmonster.com/news-item?S=MTE&E=ASX&N=236942

[Popeye82]

Nevsun Resources - Drills 88.5m of 11.8% Zinc, @Bisha Mine; C. Davis: "Bisha is a world class VMS deposit that we see evolving into a world class VMS mining camp. The high-grade zinc &copper intercepts released today are part of an ongoing program to grow organically through drilling known mineralization in &around the Bisha operation" - Nov 3, 2011

HL:

+ High-grade zinc with copper below current Bisha pit design

+ Confirmation of mineralization grades &widths @depth

+ objective of this program was to infill drill the inferred resource portion of the Bisha Main deposit to convert those resources to an indicated resource category. The results were positive, &have confirmed the grade &continuity of the Bisha primary zone below the current pit shell design. The resulting resource &reserve restatement is expected in Q1 ´12


Select High Grade Results Include:

- Hole #B-433 – 88.50m of 11.84% Zn &0.76% Cu from 268.0m-356.5m
- Hole #B-459 – 94.65m of 8.29% Zn &0.84% Cu from 308.5m-403.15m
- Hole #B-461 – 85.90m of 10.71% Zn &0.86% Cu from 275.1m-361.0m
- Hole #B-427 – 103.80m of 4.98% Zn &1.13 % Cu from 234.0m-363.0m
- Hole #B-434 – 99.60m of 5.78% Zn &1.27% Cu from 294.4m-394.0m ...
www.marketwire.com/press-release/nevsun-drills-885m-of-118-z…
http://media3.marketwire.com/docs/n1.pdf

[Popeye82]

Liontown Resources - Secures East African Iron Ore Opportunity in Deal with African Barrick; Right to earn 70% of iron ore rights on prospective Tanzanian properties - Nov 3, 2011

+ Agreement with LSE listed African Barrick Gold plc to earn up to 70% equity in the iron ore rights on areas totalling ~530km2.

+ Areas adjoin Liontown’s Jubilee Reef JV Project which is located in the Lake Victoria Goldfield of northern Tanzania, a geological terrain containing significant amounts of Banded Iron Formation(BIF), with previous drilling for gold returning intersections of up to 121 metres @32% iron

+ Liontown has recently conducted preliminary RC drilling to test the iron potential of areas which returned strongly anomalous surface assay results of up to 60.7% Fe. Assay results from this drilling are pending. The Company has identified the adjoining tenements held by ABG – Masabi Extended, Siga Hills +Siga Hills North Projects - as having significant potential for iron ore deposits. Together with the iron potential of the Jubilee Reef Project, this represents an attractive opportunity to develop a significant iron ore exploration portfolio in East Africa.

+ Projects also located close to existing +proposed rail infrastructure. ...
www.stocknessmonster.com/news-item?S=LTR&E=ASX&N=565279

[Popeye82]

Mining Sumary - LC - Nov 3, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Kinross adjusted Q3 profit up 134%, revenue tops $1bn - MW, TORONTO - Nov 2, 2011

- M. Hill -
www.miningweekly.com/article/kinross-adjusted-q3-profit-up-1…

[Popeye82]

Foran Mining - Announces New Copper Resource, @McIlvenna Bay, 85% increase in the global tonnage of mineral resources in the indicated category +a 60%increase in the inferred category; P. Soares: "Based on the results of our successful PhaseI drill program @McIlvenna Bay, we have confirmed the excellent continuity +wide widths of the CSZ, allowing this large, copper-rich stockwork to be added to the adjacent existing mineral resources of the Deposit. Today, we have added a significant copper resource, with the overall tonnage @McIlvenna Bay almost doubling. The Deposit now stands @>12 million tonnes indicated +almost 10 million tonnes inferred, with potential to further grow the resource, confirming McIlvenna Bay as a major deposit within Canada's prolific Flin Flon Mining Belt. Exploration work in our PhaseII program is advancing well. The outcome of PhaseII will form the basis for a Preliminary Economic Assessment in ´12, as we continue to advance towards our ultimate goal of building a world-class mine @McIlvenna Bay" - Nov 2, 2011
www.foranmining.com/s/NewsReleases.asp?ReportID=488679&_Type…

[Popeye82]

Australia urged to think about future workforce -as skills shortage looms - MW, PERTH - Nov 2, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/australia-urged-to-think-about-…
www.deloitte.com/assets/Dcom-Australia/Local%20Assets/Docume…

[Popeye82]

Castle Resources - Provides Granduc Copper Project Update - Oct 31, 2011

+ 30,000 metres surface drilling program completed @the Granduc Copper Project; additional assay results pending

+ Procon Tide Tunnel rehabilitation nearing completion; miners are @km 15/17 km long haulage tunnel which connects the Granduc Mine to an all season access road

+ Updated NI 43-101 resource estimate to be published by year end ...
www.marketwire.com/press-release/castle-resources-provides-g…

[Popeye82]

Blackline GPS - Launches 1st True Fall-Detection Solution, @NSC ´11, world's largest annual event for environmental health +safety professionals - Oct 31, 2011
www.marketwire.com/press-release/castle-resources-provides-g…

[Popeye82]

Century Iron Mines - WISCO Extend Date of Signing Definitive Business Venture Agreements; parties have agreed to an extension of the signing dates for the Project Agreements until November 29, ´11; S. Chin: "We are very pleased with the spirit of partnership with WISCO Resources during the process of negotiation of the Project Agreements over the course of the last two months. Both WISCO Resources +Century Iron recognize that additional time is necessary to complete +sign these Project Agreements to ensure that the documentation actively reflects the partnership. WISCO Resources is one of the major subsidiaries of Wuhan Iron &Steel(Group) Corporation, a world class integrated iron +steel company, with excellent internal control procedures +processes governing important aspects of major project undertakings. Planning of the programs in respect of the Projects is well underway. WISCO Resources +Century Iron are "confident" that the foundation of a very strong strategic partnership is in place to advance the success of our Projects. The terms of the Project Agreements are very advanced +I look forward to the signing of these Agreements when the internal procedures are complete +to working together with WISCO Resources" - Oct 31, 2011
www.marketwire.com/press-release/century-wisco-extend-date-o…

[Popeye82]

Goldstrike Resources - Finds 18.56 Grams per Tonne Gold, in New 11 km Gold Trend; Based on these results, the Big One claim block was increased to 648 units covering 162 square kilometers located 26 km from the Nahanni Range road. Given the size of this property, it is clear that the PhaseI reconnaissance sampling has barely scratched the surface. An aggressive Phase 2 exploration program in ´12 is planned to include detailed geochemical sampling, geological mapping, trenching, +drilling; Goldstrike has completed 1st pass exploration on all of its twenty-four 100% controlled projects, covering >4,000 claims +>80,000 hectares. Quick follow-up exploration was also completed on six of the properties, Company anticipates a steady flow of news as significant results become available - Oct 31, 2011
http://finance.yahoo.com/news/Goldstrike-Finds-18-56-Grams-i…

[Popeye82]

Diamond Fields International - Updated NI 43-101 Resource Estimate for Atlantis II Deposit to Include Manganese Values -~80.9 million tonnes of sediment grading 2.69%; >4billion pounds; Atlantis II basin containing the Atlantis II deposit is located in the Red Sea, ~115 kilometres west of the city of Jeddah. The Atlantis basin comprises four interlinked sub-basins which lie @depths of ~2,000 metres below sea level. Deep-tow seismic data from earlier exploration indicates that sediments in some parts of the Atlantis basin may reach in excess of 30 metres. On average only the top 8.5 metres of the deposits have been sampled by coring to date. The composition of the deeper sediments below 8.5 metres is currently unknown, but offers potential to host a further significant addition to the overall resource. On the basis of the data from core samples taken to date, the Company estimates that <1/4 of the sediments by volume contained within the Atlantis II Deep have been sampled - Nov 3, 2011
http://finance.yahoo.com/news/Updated-NI-43-101-Resource-cnw…

[Popeye82]

Batero Gold - Drills Vertical Hole @La Cumbre Intersecting 212.00 Metres Grading 1.01 g/t Gold +0.15% Copper, From 3.00 Metres Below Surface; B. Rook: "We are pleased with the continued successful results from the drilling @La Cumbre porphyry including drill hole LC023 which has returned to date @the project the longest mineralized intercept grading >1.0 g/t gold. This was near surface +continues to contribute to the growth of the surface footprint of elevated gold +copper grade @the Project. Also, the result from LC023 has both extended the eastern boundary of the porphyry +has also enhanced the overall grade of the porphyry in this sector while remaining open @depth; initial resource estimate is anticipated to be finalized @the end of the year, comprising ~4,000 metres of historic drilling +all drilling completed in ´11 totaling ~60,000 metres" - Oct 31, 2011
www.marketwire.com/press-release/batero-gold-drills-vertical…
http://media3.marketwire.com/docs/BAT_OCT31_FIG3a.pdf
http://media3.marketwire.com/docs/BAT_OCT31_FIG1.pdf
http://media3.marketwire.com/docs/BAT_OCT31_FIG2.pdf



Batero Gold Extends Dos Quebradas Porphyry Zone +Continues to Intersect Surface Gold +Copper Mineralization, @El Centro; drills "up to" 186.00m @0.61g/t Au +0.08% Cu - Nov 3, 2011
www.marketwire.com/press-release/batero-gold-extends-dos-que…
http://media3.marketwire.com/docs/1103BAT_Fig1.pdf
http://media3.marketwire.com/docs/1103BAT_Fig2.pdf

[Popeye82]

Niblack Mineral Development - Joint Venture Continues Successful Drilling, @Niblack - Oct 31, 2011

HL:

- Hole U131 -26.8 feet of 4.66% Cu; 13.57 g/t Au; 15.26% Zn; &302 g/t Ag
- Hole U132 -44.6 feet of 2.54% Cu; 5.54 g/t Au; 10.96% Zn; &126 g/t Ag
- Hole U136 -35.7 feet of 4.60% Cu; 5.68 g/t Au; 10.00% Zn; &141 g/t Ag ...
http://finance.yahoo.com/news/Niblack-Joint-Venture-iw-87045…
http://niblack.com/project_areas/united_states/niblack/
http://niblack.com/_resources/HTR_NR_NIB_SurfaceDrilling_Oct…
http://niblack.com/_resources/HTR_NR_NIB_UGDrilling_Oct2011.…

[Popeye82]

Argos Resources - New Competent Persons Report Raises Prospective Resource by 182%, to 2.1 billion barrels of oil - Oct 14, 2011

HL:

+ New prospective resource estimate of 2,107mmbo

+ The six structural prospects mapped from earlier 2D seismic data confirmed

+ 22 new stratigraphic prospects identified, creating significant new opportunities

+ Good quality sandstones predicted, with several prospects, including Rhea, exhibiting similar seismic anomalies to those seen @Sea Lion

+ Progress made towards being drill ready in late ´11/early ´12

+ Various financing options to fund drilling costs are being actively considered ...
www.investegate.co.uk/article.aspx?id=201110140700101581Q

[Popeye82]

Prodigy Gold - Expands Magino Indicated Gold Resource to 2,176,000 Ounces +Inferred Gold Resource to 1,721,000 Ounces; >double gold resource, @Magino - Nov 2, 2011
http://finance.yahoo.com/news/Prodigy-Expands-Magino-bw-1918…

[Popeye82]

Eagle Hill Exploration - Initial Mineral Estimate for Eagle Hill's Windfall Lake Property - Nov 3, 2011

HL:

+ Higher grade mineral resource than the Company anticipated;

+ 48 percent of the Gold Resource is in the Indicated category;

+ Resource reported @a cut off of 3.0 grams of gold per tonne("g/t of Gold"):

- Indicated resource of 1.144 million tonnes @9.10 g/t of Gold(344,000 Gold ounces)
- Inferred Resource of 1.690 million tonnes @6.70 g/t of Gold(364,000 Gold ounces)


+ >90 percent of the mineral resource lies within an area of 600 meters by 900 meters +within the 1st 450 meters from surface; +

+ Several of the zones remain open along strike. ...
http://finance.yahoo.com/news/Initial-Mineral-Estimate-iw-25…

[Popeye82]

Extorre Gold Mines - Increases Gold-Silver Resources; @Cerro Moro: Total of 2.425Mt @7.4g/t Au +498.8g/t Ag for a 17.4g/t AuEquiv +1.356.000 GoldEquivOunces I +4.747Mt @3.5g/t Au +172.0g/t Ag for a 6.9g/t AuEquiv +1.053.000 GoldEquivOunces I - Nov 3, 2011
http://finance.yahoo.com/news/Extorre-Increases-Gold-Silver-…
http://www.extorre.com/pdf/release/diagram_29.pdf
www.extorre.com/pdf/reports/Extorre_Cerro_Moro_PEA_2011.pdf

[Popeye82]

Salazar Resources - High Grade Intercepts, drills up to 9.70 Meters of 6.23 g/t Gold, 183.43 g/t Silver, 1.36% Copper, 6.93% Zinc +1.13% Lead; M. Salazar: "We are pleased with these new results which convincingly demonstrate that the El Domo is still open to the east of the deposit +beneath the andesite sill. This untested area has the potential to deliver additional resources. As well, we believe it is appropriate that the existing NI 43-101 resource estimate for the El Dome deposit be updated. As announced on July 12, ´11, Roscoe Postle Associates Inc. has been retained to prepare an updated NI 43-101 compliant resource estimate" - Nov 3, 2011
http://finance.yahoo.com/news/Salazar-High-Grade-Intercepts-…

[Popeye82]

H2O Innovation - Professional Water Technologies Adds Three New International Distributors, in South Africa +South-East Asia; D. Russell: "As we continue to actively grow our network of international distributors, we are proud to announce today the recent signing of three new distributors, opening up Malaysia, Singapore +South Africa as new high-growth markets for our reverse osmosis antiscalants +membrane cleaners. Professional Water Technologies' antiscalants have sizable advantages compared to standard antiscalants for membrane filtration systems. Most notably, they are eleven times concentrated compared to standard formulations, which makes them 90% smaller +lighter to ship – a significant advantage in international markets" - Nov 3, 2011
www.marketwire.com/press-release/h2o-innovation-professional…

[Popeye82]

Nemaska Exploration - Announces Tianqi's, the largest lithium battery material provider in China that uses spodumene concentrate as its key raw materials input, Interest to Increase Its Ownership +Concurrent Private Placement - Nov 4, 2011
www.marketwire.com/press-release/nemaska-exploration-announc…

[Popeye82]

Goldsource Mines - Corporate Update: ZEEP Transaction Closing Date Extended +100 Metre Coal Zones Intercepted, @Border - Nov 4, 2011
www.marketwire.com/press-release/goldsource-corporate-update…

[Popeye82]

Oxford Catalysts Group Plc - Winner of the ´11 Kirkpatrick Award; Award is presented every other year to the most noteworthy chemical engineering technology commercialised anywhere in the world during the previous two years; long +distinguished roster of past winners includes: Lucite; Cargill Dow; Monsanto; Union Carbide; M.W. Kellogg; Linde; Dow Corning; Merck; Standard Oil; Axens; BOC Group; Air Products &Chemicals; Amoco Chemical, +; Chevron Phillips Chemical ; R. Lipski: "We are particularly honoured to receive the Kirkpatrick Award +to join its extraordinary roster of past winners. This is further validation of the significant global relevance +appeal of our technology, its increasing recognition within industry +the commercial traction its gaining" - Sep 14, 2011
www.oxfordcatalysts.com/financial/fa/ocgfa20110914.php

[Popeye82]

New Energy Technology - Spray-On Coatings for Generating Electricity on See-Through Glass +Flexible Plastic Show Superior Durability; In recent weeks, scientists successfully developed a 1st-ever working SolarWindow™ prototype using brand new electricity-generating coatings which lead to increased transparency +enhanced color. Researchers coated the glass surface of a working lab-scale prototype with newly-discovered, organic electricity-generating coatings comprised primarily of hydrogen +carbon. These new coatings favorably influence various electronic, electrochemical, +optical properties of SolarWindow™, essential to producing a highly transparent +aesthetically pleasing soft window tint +color; Currently under development for eventual commercial deployment in the estimated 85 million commercial buildings +homes in America, SolarWindow™ is the world's 1st-of-its-kind technology capable of generating electricity on see-through glass windows ; P/CEO: "The favorable outcomes from these mechanical stress experiments pave the way for our SolarWindow™ technology as a practical solution for generating electricity on the windows of high-performance commercial buildings that are energy-efficient, healthy, +economical. Today's favorable results demonstrate the physical strength of our SolarWindow™ coatings, +are especially encouraging when considering the latest advancements to increased transparency +color of our technology, announced only a few weeks ago" - Oct 4, 2011
http://finance.yahoo.com/news/New-Energy-Spray-On-Coatings-i…



New Energy +City of Roanoke, VA Successfully Debut World's 1st-of-Its-Kind Electricity-Generating Rumble Strip to ~6000 Visitors; Participants Driving Over Company's MotionPower(TM) System Could Generate Enough Electricity to Power Lights for the Average American Home for an Entire Day; K. Cronin: "The City of Roanoke takes seriously its responsibility to be good stewards of the environment +is always looking for unique ways to meet our mission of increased sustainability. We are proud to be the 1st city in the nation to test this novel technology with the potential to make the way we produce energy more clean +green", R. Schon: "The MotionPower™-Express was safely demonstrated to >580 vehicles attending events on Saturday. Visitors were excited to learn more about the technology +to help the City of Roanoke in its mission to implement green energy initiatives" - Nov 4, 2011
http://finance.yahoo.com/news/New-Energy-City-Roanoke-VA-iw-…

[Popeye82]

Alaska joins miners in bid to strike down Pebble's latest hurdle ; The joint venture seeking to build the giant Pebble project in Alaska on Thursday warned a municipal ordinance seeking to block the mine would have “disastrous consequences for Southwest Alaska”. The Pebble Limited Partnership, which Canada’s Northern Dynasty +diversified miner Anglo American jointly own, last month initiated a legal challenge against an ordinance Southwest Alaska’s Lake &Peninsula Borough voted in favour of that would halt the mine’s development, with proceedings set to begin November 7 - MW, TORONTO - Nov 4, 2011

- M. Hill -
www.miningweekly.com/article/alaska-joins-miners-in-bid-to-s…

[Popeye82]

Uranium One - Announces 42% Increase in Measured +Indicated Resources, @Mkuju River Project; Total: 119.4MIbs M/I/I - Nov 3, 2011

HL:

+ 39% increase in Measured Resources to 55.3 million pounds U3O8

+ 48% increase in Indicated Resources to 38.0 million pounds U3O8

+ Inferred Resources of 26.1 million pounds U3O8

+ 87% or 81.2 million pounds U3O8 of the Measured +Indicated resources is within 60 metres of surface (91% of Measured Resources +82% of Indicated Resources) ...
www.uranium1.com/index.php/en/docman/doc_download/319-uraniu…

[Popeye82]

Anglo American reported to have made a major nickel discovery in Finland; has discovered the largest nickel deposit in Europe , Finnish newspaper Helsingin Sanomat reported this week; regional head of exploration Arctic Jim Coppard: "This is the peak of my 25-year career ", municipal board chairperson Veikko Virtanen: "This [annoucement] was a real bombshell . It is likely to lead to opening a mine that will be even >than Kevitsa" - MW - Nov 4, 2011

- K. Campbell -
www.miningweekly.com/article/anglo-american-reported-to-have…

[Popeye82]

Cabral Resources - Two Drill Rigs Secured; Holes to be drilled will target iron mineralization intersections to depths of up to 300 metres on the Morro do Gergelim target - Nov 4, 2011
www.stocknessmonster.com/news-item?S=CBS&E=ASX&N=655679

[Popeye82]

Zitat von MrRipley: einfach lachhaft. Momentan hat die Sonne 4 Sonnenflecken, zwei davon sehr groß - Rekord!
Der Zyklus dauert 11 Jahre, 20011/12 ist der Höhepunkt, es sind demnach Satellitenausfälle zu erwarten, einer ist schin abgestürzt, der nächste ist kurz davor, aber die Sonne hat KEINE Schuld!!!!

Die Ursache für Klimaerwärmungen, falls sie überhaupt global messbar sind...

Hab das erst jetz gesehn.


Ich finds nicht lachhaft -verstehe aber Deine Aussage nicht so ganz.

Gruß
P.

[Popeye82]

More bad news for iron ore, coking coal prices: world’s largest steelmaker profits halve, sees worse ahead - M.com - Nov 1, 2o11

- Frik Els -
www.mining.com/2011/11/03/more-bad-news-for-iron-ore-coking-…

[Popeye82]

John Agyekum Kufuor Receives World Food Prize; Former President of Ghana honored for achievements in fighting poverty +hunger - IFPRI/CGIAR - Oct 27, 2011

- The 1st decade of the new millennium brought significant positive change to Ghana. Hunger was cut in half +Ghanaians exercised increasing democratic freedom, making the country one of the most improved +politically stable in Africa. John Kufuor served as the democratically elected president of the Republic of Ghana from ´01 –´09, +his administration helped to initiate or continue improvements in farming, nutrition, education, healthcare, +infrastructure. In “Ghana’s Transformation,” Kufuor gives a 1st-person account of his years as president, describing some of his administration’s most successful projects, especially those related to agriculture. In one example, Ghanaian farmers, who make up ~60 percent of the country’s population, were taught to use best practices, including irrigation +fertilization, to increase yields. Cocoa production doubled as a result, +the government was also able to use locally grown food to provide school children with a healthy daily meal. Kufuor describes food security as the catalyst for improving an economy +instituting democracy. “Food is the most basic of needs,” he writes. “It decides not just the health of individuals but also the health of communities.” -
www.ifpri.org/sites/default/files/publications/bkt_ess_kufuo…
www.ifpri.org/publication/ghanas-transformation?utm_source=N…

[Popeye82]

Quickstep Holdings - Australian Government Supports Quickstep in JSF Program - Nov 3, 2011
www.stocknessmonster.com/news-item?S=QHL&E=ASX&N=565262

[Popeye82]

Profit from the "Explosive Growth in Nanotech" - RC - Oct 25, 2011
http://blog.redchip.com/index.php/alternative-energy/profit-…

[Popeye82]

FairStar Resources - acquires Iron Ore rights to major new tenement with substantial mineralisation potential; K. Robertson: "This is an exciting development with considerable upside potential for the Company that could substantially increase FairStar’s iron ore resource +we will commence exploration drilling as soon as practically possible. FairStar drilling in the north-east perimeter of the SHIP tenement, immediately adjacent the new North SHIP tenement, revealed good mineralisation up to five metres deep, +we have every reason to believe that this continues in a north-easterly direction" - Nov 7, 2011

HL:

+ Iron Ore Rights to additional 108 Square Kilometres tenement

+ Immediately north-east of Steeple Hill Iron Ore Project(SHIP)

+ Highly prospective; continuation of SHIP hematite rich alluvial gravels; Significantly, aerial photography indicates SHIP’s hematite rich gravels continue for up to seven kilometres into the 108 Sq Km new tenement (North
SHIP)

+ Potential to augment SHIP resource; drilling to commence shortly

+ Royalty Agreement with Renaissance WA Pty Ltd ...
www.stocknessmonster.com/news-item?S=FAS&E=ASX&N=565619

[Popeye82]

EMED Mining - Financing Proposals Received for Rio Tinto Mine; indicative terms sheets have been received from several project financiers. These proposals include debt funding up to all of the anticipated capital requirements; Harry Anagnostaras Adam: "Required financing is making steady progress in parallel with the permitting required for the restart of the Rio Tinto Copper Mine. Notably, the Government has recently spoken of triggering the mine restart in Q3 -´12 which is aligned with EMED Mining's timetable +on 24 October ´11, it confirmed the additional information required to complete full permitting. Good working relationships +the constructive approach being taken by both parties should expedite completion of this additional documentation +all other regulatory requirements. Supportive public statements by the Andalucian Government include that it is generally satisfied with the Company's legal, technical +economic competencies, the criteria for approval of its Administrative Standing. It is especially pleasing that the Government +our financiers are lining up to back our timetable to trigger the restart of this major copper mine during late ´12, +then an 18 month ramp-up to steady-state ore production of 9 million tonnes/annum in ´14" - Nov 7, 2011
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Mining Summary - LC - Nov 7, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Champion Minerals - Announces Start of Feasibility Definition-Drilling, @Fire Lake North Project, Fermont, Quebec - Nov 7, 2011
www.marketwire.com/press-release/champion-minerals-announces…

[Popeye82]

Canadian Orebodies - Announces 4th Set of Drill Results from Haig Inlet Iron Ore Project - Nov 7, 2011

+ Hole CO11-47 assayed 29.8% Fe over 42.6m, including 35.9% Fe over 14.0m;

+ Hole CO11-48 assayed 29.0% Fe over 47.2m, including 33.1% over 18.0m;

+ The company remains on track to release an initial NI 43-101 compliant resource estimate by Q1/2012. ...
http://finance.yahoo.com/news/Canadian-Orebodies-Announces-c…
www.canadianorebodies.com/s/HaigInletIronOre.asp

[Popeye82]

Deep Yellow triples Ongolo Alaskite Resource - AI - 7-Nov-2011
www.australianinvestor.com.au/news.asp?id=42036
www.stocknessmonster.com/news-item?S=DYL&E=ASX&N=565576

"Advanced uranium explorer, Deep Yellow Limited (ASX : DYL) have announced that it has more than tripled the Mineral Resource estimate for its Ongolo Alaskite deposit in Namibia. The deposit, located on EPL 3496, is held 100% by DYL’s wholly-owned Namibian subsidiary, Reptile Uranium Namibia (Pty) Ltd (RUN). Coffey Mining Pty Ltd (Perth) compiled the JORC Compliant estimate.

The Indicated and Inferred Mineral Resource estimate, of 20.5 Mt at 400 ppm U3O8 for 18 Mlbs U3O8 at a 250 ppm cut-off, increases the total Omahola Project Resource base to 38.6 Mlbs U3O8 at an average grade of 338 ppm U3O8 and DYL’s Namibian resource base to in excess of 107 Mlbs U3O8.

Commenting on the outstanding result, Deep Yellow Managing Director Greg Cochran said that the new Resource reflected Ongolo’s true potential. “We have concentrated our exploration efforts primarily along the INCA-Ongolo trend and have been consistently rewarded with wide, high grade intersections. These have now been included to give us a tripling of the Ongolo JORC Resource, which remains open along strike. We can expect more success from this region, including a resource upgrade on the satellite MS7 deposit, before the end of the year.” "

[Popeye82]

Scandinavian Resources - Kiruna Iron - Harrejaure Project Drill Results - Nov 7, 2011

HL:

+ Further high grade iron assays returned from Harrejaure Project

* 139m @28% Fe from 46m(HAR11003)
- Inc. 36m @40% Fe

* 129m @44% Fe from 30m(HAR11004)
- Inc. 9m @68% Fe
- Inc. 45m @49% Fe

* 157m @29% Fe from 16m(HAR11005)
- Inc. 16m @46% Fe
- Inc. 7m @64% Fe


+ Low grade copper mineralisation also intersected @Harrejaure

* 56m @0.17% Cu from 84m(HAR11003)
- Inc. 12m @0.58% Cu
- Inc. 0.9m @5.91% Cu, 19g/t Ag ...
www.stocknessmonster.com/news-item?S=SCR&E=ASX&N=565607

[Popeye82]

Ridgemont Iron Ore - Appoints Former Iron Ore Company General Manager as CEO - Nov 7, 2011
www.marketwire.com/press-release/ridgemont-appoints-former-i…

[Popeye82]

Orocan Resource - Signs LOI for Graphite Properties in Ontario - Nov 7, 2011
http://sg.finance.yahoo.com/news/Orocan-Signs-LOI-Graphite-i…

[Popeye82]

Rodinia Lithium Receives Positive Preliminary Economic Assessment For The Diablillos Lithium Brine Deposit With NPV Of "Up To" Us$964 Million +IRR Of 36%; W. Randall: "This PEA is the product of quality work completed on schedule by Rodinia's expert staff +consultants. The PEA demonstrates that Diablillos has the potential to be a low cost producer of high purity, battery-grade, lithium carbonate, potash +boric acid using conventional, environmentally friendly methods to harvest the salts. Due to the favourable geochemistry of the brines, our potash +boric acid production is such that revenue from the sale of these products will result in credits in excess of US$3,500/tonne of LC, >than covering our total anticipated production costs. As long as prices for potash +boric acid remain @today's levels or higher, Diablillos has the potential to remain price competitive down to historic lows for lithium carbonate pricing. We are pleased with the results +initial conclusions of this PEA. While the assessment estimates robust economics with 1st quartile capital +operating costs, we gained considerable insight to further improve on these already favourable numbers. We will look to validate these opportunities during the Feasibility Study phase, which will commence once the PEA report is finalized" - Nov 7, 2011

HL:

+ PEA Indicates Pre-Tax NPV of US$561 Million for a 15,000tpa Lithium Carbonate Operation +US$964 Million for a 25,000tpa Lithium Carbonate Alternative

+ Project Shows Potential to be a Low Cost Operation, Producing Battery Grade Lithium Carbonate for as Low as US$1,486/Tonne Lithium Carbonate

+ Potash +Boric Acid Credits Exceed the Costs to Produce Lithium Carbonate, Whigh Brings the Combined Operating Costs/Tonne Lithium Carbonate <Zero(US$703)

+ Conventional Processes are Employed Throughout; Based on Pumping +Solar Evaporation with Lithium Carbonate, Potash +Boric Acid Plants Located in the Puna Region of Northwestern Argentina

+ Managment will Hold a Conferende Call @8:30 AM Eastern Standard Time on Tuesday, November 8, ´11 to Discuss the Results of the PEA ...
www.rodinialithium.com/news/index.php?&content_id=167

[Popeye82]

Solazyme - Announces world’s 1st commercial aviation flight on a microbially-derived biofuel using Solajet™ , Solazyme’s algae-derived renewable jet fuel; Flight #1403 from Houston to Chicago flies on 40 percent Solajet™; Signs Letter of Intent for 20 million gallons of renewable aviation fuel/year, starting in ´14; ramping up production capacity to produce >140.000.000 gallons of renewable oil by ´15; J. Wolfson: "Today’s historic flight with United marked a significant milestone in the history of aviation , +demonstrated the commercial applicability of our drop-in fuel. The U.S. Navy has demonstrated the effectiveness of our fuel in multiple vessels over the past year, +we are honored to be working with industry pioneers such as United +Honeywell’s UOP to see this important next step in the commercialization of our renewable fuels" - Nov 8, 2011
http://sg.finance.yahoo.com/news/Solazyme-Announces-First-US…

[Popeye82]

Platina Resources - Platinum and Scandium Resource Estimate for Owendale Project; Company belief that Owendale has the potential to become Australia’s sole platinum mine, with the added upside of coincidentally containing one of the world’s highest grade scandium resources - Nov 7, 2011
www.stocknessmonster.com/news-item?S=PGM&E=ASX&N=237016

[Popeye82]

Dart Mining NL - Maiden JORC Resource -Indicated &Inferred - Oct 11, 2011

HL:

+ Maiden 105M tonne Indicated +Inferred Resource @0.07% Molybdenum equivalent(refer TableI) reported in accordance to the JORC Code for Unicorn Deposit

+ Initial 29M tonne Indicated Resource @0.09% molybdenum equivalent from surface to a depth of 250m – very low strip ratio

+ Deposit remains open @depth >450m ; Unicorn is comparable to a style of deposit that typically shows economic mineralisation >1000m depth

+ Available renewable power, water &workforce/supportive community

+ Unicorn project in north east Victoria moves a step closer in establishing Australia’s newest mining district ...
www.stocknessmonster.com/news-item?S=DTM&E=ASX&N=362493

[Popeye82]

Hollista CollTech - Holista CollTech +Leading Australian Fast-Food Chain QSRH, with >600 restaurants, To Collaborate On Three Breakthrough Patents For Healthier Food; joint research +development with HCT for a period of 2 years, with the aim of offering healthier food to QSRH customers without chemical additives. During this period Holista has agreed not to sell its ingredients or products to any other competitor of QSRH within the Australian market; collaboration between Holista +QSRH, involves three patents +covers: a potato chip which absorbs less fat during frying, a low-sodium salt; +a low GI bread which, when consumed, digests +absorbs carbohydrates more slowly while releasing glucose more gradually into the bloodstream; M. Lindsay: "We are really excited to be the 1st Australian quick service restaurant chain looking to deploy these ground-breaking developments in food technology into our system. We believe they will deliver health benefits for our customers, +in turn offer us a substantial competitive advantage", Dr. Rajen Marnickavasagar: "This is a landmark event because it is the 1st time in the world a major quick service restaurant group has attempted to tackle the global epidemic of obesity, diabetes +cardiovascular disease. The success of this rollout in Australia could have major implications for the global fast-food industry " - Nov 8, 2011
www.stocknessmonster.com/news-item?S=HCT&E=ASX&N=565753

[Popeye82]

Guildford Coal - Hughenden JORC Upgrade - Nov 8, 2011

HL:

+ Increase of JORC Inferred Resource @Hughenden Project on EPC1477/EPC1478 to 1.036 billion tonnes of thermal coal primarily within nine seams(AU to F) in the Permian Betts Creek Beds @depths suitable for underground mining

+ Further assessment of the coal quality is to be conducted with the analysis of working sections +washabilities. The target product quality for the Hughenden Project to be confirmed by this further analysis. Based on results to date, an export thermal coal with moderate ash(initial estimate 15% adb), moderate calorific value(initial estimate 5,800 kcal/kg adb) +ow sulphur(initial estimate 0.5% adb) appears achievable

+ Guildford is working with ARG(a subsidiary of QR National) +Port of Townsville Ltd(POTL) to finalise the feasibility for a 10Mtpa transport solution for the Hughenden Project, with a view to move to binding contracts by the end of `11

+ Current Drilling Plan in Queensland

- 1 Drill operating up dip from the EPC1477 resource with the aim to confirm the broader extent of the JORC underground Inferred resource
- 2 Drills operating on White Mountains Project with the goal to define an open cut resource on EPC1260
- 1 Drill operating on the northern edge of the Galilee Basin with the goal to define an open cut resource on EPC1478
- 2 Drills commencing drilling on Sierra Project hard coking coal prospect ...
www.stocknessmonster.com/news-item?S=GUF&E=ASX&N=655951

[Popeye82]

Sabre Resources - High Grade Vanadium +Base Metals Discovery, @Kaskara; Sabre believes weathered massive V-Pb-Zn-Cu mineralisation sits above primary Cu-Pb-Zn sulphide mineralisation located @depth. This interpretation is consistent with the results of the geophysical data collected to date - Nov 8, 2011

HL:

+ 13m @2.87% V2O5, 7.43% Pb, 2.89% Zn +0.42% Cu in underground channel sample, 30 m below surface.

+ Adjacent drillhole intercepted 21.85m @2.52% V2O5, 5.79% Pb, 1.81% Zn +0.45% Cu from ~40 m below surface; majority of other companies’ vanadium projects are working with grades <1% V2O5

+ Intercepts are positioned directly above the main IP anomaly, which is the target for Cu-rich mineralisation.

+ Workings appear to descend for @least 100m.

- Top two mine levels investigated to date(sampling ongoing).
- Remaining deeper workings will be mapped +sampled as they are made safe.


+ Priority sampling of workings commenced.

+ Kaskara has the potential to be a major base-metal deposit. ...
www.stocknessmonster.com/news-item?S=SBR&E=ASX&N=565795

[Popeye82]

Box-Welt trauert um Joe Frazier; "Die Welt hat einen großen Champion verloren", sagte der ehemalige Schwergewichts-Weltmeister Muhammad Ali in einem Statement über seinen einstigen Rivalen - DPA, PHILADELPHIA - Nov 8, 2011
http://web.de/magazine/sport/sportmix/14096086-box-welt-trau…

[Popeye82]

China tightens up on fortified foods regulation; China has announced new regulations +a renewed focus on the quality +safety of functional foods being sold in the country, as part of a series of crackdowns meant to reinforce food safety in the country - FNA - Nov 7, 2011

- Ankush Chibber -
www.foodnavigator-asia.com/Policy/China-tightens-up-on-forti…

[Popeye82]

Australia driving sugarcane research +development; An initiative is underway to strengthen research +development in Australia’s sugarcane industry; One of the targets is to improve efficiency gains by 20% +improve the industry´s delivery servica - FNA - Nov 7, 2011

- Kacey Kulliney -
www.foodnavigator-asia.com/Markets/Australia-driving-sugarca…

[Popeye82]

Frost +Sullivan: Exposure +research to boost functional foods in Asia Pacific; Continued research +development combined with exposure will drive +strengthen the functional foods market in Asia Pacific, according to analysis - FNA - Nov 7, 2011

- Kacey Culliney -
www.foodnavigator-asia.com/Markets/Frost-Sullivan-Exposure-a…

[Popeye82]

Consumer spending boosts Indonesia economy; Indonesia's economy continued to show rapid growth, boosted by strong consumer spending +rising exports; Central Bureau of Statistics notes that the Indonesia´s economy grew @its fatest annual rate for 6years in ´10, +there is no indication of a slowdown in growth in recent months - FNA - Nov 7, 2011
www.foodnavigator-asia.com/Markets/Consumer-spending-boosts-…

[Popeye82]

South Africa’s Shabangu woos Chinese mining investors; Chinese mining investors in particular have an important role in the current phase of South Africa’s mining +industrial expansion, Mineral Resources Minister Susan Shabangu said on Monday. Addressing the Mining Ministers’ Forum in Tianjin, Shabangu said in the presence of China's Resources Minister Xu Shaoshi +Ministers from Angola, Canada +Nigeria that "global investments into mining were needed by South Africa" - MW, JOHANNESBURG - Nov 7, 2011

- Martin Creamer -
www.miningweekly.com/article/south-africas-shabangu-woos-chi…

[Popeye82]

Australia passes LANDMARK carbon tax on big polluters - MW, PERTH - Nov 8, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/australia-passes-landmark-carbo…

"Australia’s controversial carbon tax on Tuesday sailed over its final political hurdle after the Senate passed the Clean Energy Bill by 36 votes to 32.


Prime Minister Julia Gillard said that the passing of the legislation through the Senate was a “major milestone” in Australia’s efforts to cut carbon pollution and seize the economic and job opportunities of the future.

“This history-making vote turns years of discussion into a reality,” said Climate Change and Energy Efficiency Minister Greg Combet.

Both houses of Parliament have now approved the Clean Energy plan, which will cut carbon pollution by at least 160-million tons a year in 2020, by imposing a A$23/t price on emissions from July 1 next year. The tax would then move to a flexible pricing after three years.

The initial fixed-price stage was meant to provide stability and predictability, said Combet, giving businesses time to get used to the new system, to understand their obligations and to start planning ways of reducing their pollution.

“Our Clean Energy legislation will deliver fair and generous assistance to householders while giving certainty to business and investors about Australia’s move to a low-pollution economy,” said Combet.

The carbon price mechanism would apply to around 500 of the country’s biggest polluters, he said, adding that it was a charge on pollution, not a tax on households or small businesses.

Passage of the legislation means the government would now focus on implementing the carbon price and delivering the household, industry, renewable energy, innovation, land sector and energy efficiency measures contained in the Clean Energy Future Plan.

Following the passage through the Senate and the House of Representatives last month, the carbon tax now required royal assent before becoming law.

Opposition leader Tony Abbott slammed the carbon tax, saying it was a “betrayal of the Australian people”.

“In the absence of action by other nations, all that the Gillard government has done today is export jobs and emissions overseas,” he said in a statement.

Edited by: Mariaan Webb "

[Popeye82]

Cap-Ex Ventures - New High Grade Zone Returns 107 Metres @31.6% DWTR - Nov 8, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-new-hig…

[Popeye82]

Colombia Clean Power +Fuels - Provides Strategic Milestones in a Letter to Shareholders; Company Changes its Name to Colombia Energy Resources, Inc. - Oct 18, 2011
http://colombiaenergyresources.com/wordpress/wp-content/uplo…


Colombia Clean Power +Fuels, Inc. Enters into MOU to Acquire Metallurgical Coal Mining Concession - Nov 1, 2011
http://colombiaenergyresources.com/wordpress/wp-content/uplo…

[Popeye82]

Eagle Nickel: China's Shanghai Sky to acquire 51% stake through share placement - PAI - Nov 8, 2011

- by Jeff Coote -
www.proactiveinvestors.com.au/companies/news/21720/eagle-nic…
www.stocknessmonster.com/news-item?S=ENL&E=ASX&N=565764

"Eagle Nickel (ASX: ENL) has entered into a share placement agreement with Shanghai Sky Chem Industrial Co. Ltd of China to acquire and develop advanced gold, silver and rare earth element assets.

Shanghai Sky will seek a placement of shares in Eagle Nickel equal to 51% of the total issued capital of the company post‐recapitalisation subject to shareholder, FIRB and other approvals.

Shanghai Sky is a privately owned chemical importing and distribution company and is one of China’s largest importers and distributors of chemicals with sale volumes in excess of 170 million tonnes per year . The company now plans to build a leading ASX‐listed resources business .


Shanghai Sky will subscribe for an immediate placement of 8,927,030 shares equivalent to 15% of the total issued capital of Eagle Nickel at A$0.02 per share to raise A$178,541.

Also, Shanghai Sky will subscribe for a secondary placement of 56,077,052 shares in Eagle Nickel at A$0.02 per share to raise A$1.12 million subject to shareholder approval at a forthcoming meeting.

The total placement to Shanghai Sky will be 65,004,082 shares at A$0.02 per share for a total investment of A$1.3 million and equivalent to 51% of total issued capital.

The proposed transaction is subject to several conditions including the consolidation of all listed and unlisted options by way of conversion to Eagle Nickel Ltd shares under a one‐off pro‐rata offer of one Eagle Nickel share for every twenty options, both listed and unlisted.

This will result in the issue of 2,941,369 new ordinary shares to replace the 58,827,377 listed and unlisted options.

Additional conditions for completion of the total investment include:

- The appointment of three new directors to the board of Eagle as nominated by Shanghai Sky including one in the role of non‐executive chairman.

- A change of the company name to “Eagle Exploration Ltd” or another name as nominated by Shanghai Sky.

- One of the three current directors of Eagle will resign after the forthcoming Annual General Meeting and a new Sydney‐based company secretary will be appointed by Shanghai Sky. "

[Popeye82]

Ord River Resources - SARCO LSI Tenement JORC Resource Rise by 300% to 77mt; undeveloped bauxite resources on the Bolaven Plateau, Southern Laos, potentially one of the world’s largest , Initial exploration indicates that the Laos bauxite deposits may have the potential to support an industry, as large as Western Australia’s Darling Ranges’ deposits which produce 14% of the world’s alumina ; Mr. Zhu: "Importantly, the deposit is good quality with a low Silica content of 2.3%, +, some 29mt or 37% of the upgraded Resource is in the higher confidence Measured category. This significant increase in both quantity +quality underpins our confidence in the SARCO project, +reaffirms our commitment to developing a 600,000t alumina refinery in Laos. SRK Consulting is in the process of completing its JORC Resource report on Yuqida the 2nd SARCO tenement, +we look forward to its upgrade which we expect to report in the current quarter" - Oct 24, 2011

HL:

+ SRK completes Resource upgrade @SARCO LSI Tenement

- LSI JORC Resource increased by 300% to 77Mt
- Low Silica Resource -2.3% SiO2
- 38% of the LSI Resource in higher confidence Measured category


+ Resource upgrade on Yuqida tenement underway, results expected in the current quarter ...
www.stocknessmonster.com/news-item?S=ORD&E=ASX&N=653823

[Popeye82]

Cyclone Power Technologies - Delivers Plans for Solar Engine to Renovalia Energy - Nov 8, 2011
www.istockanalyst.com/business/news/5528380/cyclone-power-te…

"Cyclone Power Technologies Inc. (Pink Sheets:CYPW), developer of the all-fuel, clean-tech Cyclone Engine, announced that it has delivered to Renolavia Energy SA, prototype design plans for a high-efficiency Rankine cycle engine, developed to run on solar thermal energy. The delivery satisfies Cyclone’s license agreement with the global renewable power company, based in Madrid, Spain.


Cyclone’s engine, named the S-1, is a 5hp heat-regenerative, reciprocating steam engine. When put into commercial usage, Cyclone expects that the engine can help reduce the costs of installation and operation of solar power plants dramatically due to its compact size, low weight and high efficiencies. In laboratory testing, the 30-lbs S-1 engine has achieved up to 34% thermal efficiencies.

“We’ve enjoyed working with Cyclone and look forward to seeing this project progress to the next stage of building and testing beta engines,” stated Jaime Galobart, CEO of Renovalia.

Christopher Nelson, President of Cyclone, commented, “We believe that the S-1 is an important engine technology not only for the solar market, but also for areas such as micro-CHP (co-generation) and military uses. As we build the next generation of these engines, with plans to place them into field tests next year, strong partnerships like the one we’ve formed with Renovalia will be important to our success.”


About Cyclone Power Technologies

Cyclone Power Technologies is the developer of the award-winning Cyclone Engine – an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is an eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air. The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers’ AEI Tech Award in 2006 and 2008. Additionally, Cyclone was recently named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com.

Follow Cyclone on Facebook: www.facebook.com/CyclonePowerTechnologies "

[Popeye82]

U.S. Military to Invest $10 Billion Annually in Renewable Energy by ´30; In September the U.S. Army announced that it has formed a new Energy Initiatives Task Force that will assess renewable energy projects, vet potential suppliers, +develop new technologies to support the Army’s growing commitment to powering its bases +its missions with renewable energy. The Task Force is part of a Pentagon-wide effort to reduce its dependence on fossil fuels +embrace renewable energy sources as the military confronts the issues of energy costs, energy security for remote bases +operations, +the effects of energy on strategic goals. According to a recent report from Pike Research, annual spending on renewable energy by the Department of Defense(DOD) will reach $10 billion by ´30. While a significant portion of this will be spent on Facilities operations, including permanent bases, the majority of the spending will be for Mobility applications including portable soldier power as well as land, air, +sea vehicles; "The DOD is positioned to become the single most important driver of the cleantech revolution in the United States ," says Pike Research president Clint Wheelock. "In particular, military investment in renewable energy +related technologies can help bridge the 'valley of death' that lies between research +development +full commercialization of these technologies" - PR - Nov11
www.pikeresearch.com/research/renewable-energy-for-military-…
www.army.mil/article/63389/