New Millennium Iron - 9,2 Mrd. t Fe in Kanada - JV mit Tata Steel - 500 Beiträge pro Seite

[Popeye82]

Ich war in Versuchung in die Betreffzeile:
"Vergesst Cuervor, Cardero, Advanced und Northland",
zu schreiben, habs dann aber doch gelassen.


www.nmlresources.com

Symbol: NML: TSX:V
Shares Outstanding: 92,191,166
Shares, Fully Diluted: 111,625,033


Das ist einfach nur sehr sehr sehr abgefahren,
also worum gehts??

Ich stütze mich da vollkommen auf die Aussage auf der Website,
hab dazu auch 2 unterschiedliche Kommentare gefunden:

"New Millennium Capital Corp. (NML: TSX-V) is a Canadian, publicly-traded mining company aiming to develop the Millennium Iron Range through 80% ownership of the LabMag Iron Ore Project in Labrador and 100% ownership of the KéMag Iron Ore Project in Québec. The Millennium Iron Range comprises one of the largest known undeveloped magnetite iron ore deposits currently under development in the world."

"New Millennium is developing Canada’s Millennium Iron Range, the world’s largest
undeveloped magnetite resource, comparable to the Mesabi Iron Range resources in
the USA. Focusing on two neighbouring, world-class deposits – LabMag in Labrador
and KéMag in Québec – totals of 5.939 billion tonnes of Measured and Indicated
Resources, plus 2.143 billion tonnes of Inferred Resources have been demonstrated,
more than doubling Canada’s total proven reserves of iron ore."


Also entweder geht es um eine der größten Eisenerzresourcen,
oder sogar die wirklich größte Eisenerzresource -in Entwicklung-
derzeit weltweit.
(das wär mir dann speziell auch verdammt egal)


"Focus on KéMag
New Millennium is advancing KéMag to a feasibility study. A July 2007 Preliminary Assessment
Study outlined several advantages available in Québec such as the ability to market concentrates
as well as pellets and the utilization of a slurry pipeline for the entire transport of ore to port.
The contemplated annual production of 22 million tonnes of iron ore products would make New
Millennium North America’s largest and lowest-cost iron ore producer."


"Project Highlights – KéMag
• The world’s largest pellet project under development
• Minimum 30-year reserves
• Proposed annual production of 22 million tonnes of pellets
and/or concentrate
• Start up in 2013
• Expected to have lowest operating costs in North America
• Favourable location for global seaborne trade in iron
ore products
• Abundant existing infrastructure and resources
• Capable of producing premium priced direct reduction
(DRI) pellets


Also hier wird mit Gigantismus +Rekorden nur so um sich geworfen:
eine derzeitige Gesamttonnage von über 8 MILLIARDEN Tonnen,
damit wurden Kanadas Gesamteisenerzreserven mehr als verdoppelt,
es wird eine jährliche Produktion von 22Mio t Eisenerz angestrebt!!!

Zudem scheint mir der Wert hierzulande noch absolut unbeachtet
zu sein, ich hab jedenfalls erst eine kleine Erwähnung irgendwo
nebenbei gelesen.

Wenn das alles nicht krass ist, weiss ich auch nicht.

Also derzeit fällt es mir generell noch einigermassen schwer
Kalkulationen über mögliche Aussichten anzustellen,
aber wenn man sich das gesamte mal zu Gemüte führt,
würde ich doch meinen, daß hier -bei erfolgreicher Entwicklung
der Vorhaben und Projekte- ein Milliardenunternehmen
am heranwachsen sein sollte.

Unter Berücksichtigung dessen, daß wohl eine ausgesprochene
"Low Cost Production" angestrebt ist, könnte es sich
-bei einem 22Mio t/Jahr Output sogar auch eher in Richtung
2stelligem Bereich orientieren.
Das aber erstmal nur so, will danicht zu weit spekulieren,
aber ersteres sollte eigentlich absolut stimmen.

In meinen Augen ist das wahrscheinlich ein GRANDIOSES
Langfristinvestment, was den Namen dann auch mal wirklich verdient.
Ich würde denken: keine Eile und keinen Stress,
aber für mich wäre das erstmal -wenn keine allzu kritischen
von mir übersehenen Punkte eingeworfen werden-
ein: "long Term STRONG STRONG buy"!!!

Eine ausführliche Präsentation hab ich leider nicht gefunden??
Mich würden vor allem Meinungen zu möglichen Schwächen +Risiken
interessieren
-die Stärken glaube ich schon entdeckt zu haben.


Fact Sheet
http://www.nmlresources.com/pdfs/FactSheet2007Aug20.pdf
Vergleich mit einem andern der größten Eisenerzprojekte ww,
wenn nicht dem 2. größtem
http://66.225.155.233/nml/pdfs/Millennium-MesabiComparison.p…
letzte Ergebnisse
http://www.nmlresources.com/pdfs/news/NR0801.pdf


In meinen Augen eine SUPERSUPERgeile Sache,
(ist übrigens der Wert, den ich im Ferraus-Thread meinte)

viel Spaß, Popeye

[Popeye82]

hab mich mal für einen besonders
charmanten Titel entschieden.

[stupidgame]

Antwort auf Beitrag Nr.: 33.098.548 von Popeye82 am 18.01.08 17:19:07

Hallo Popeye!

Habe ich schon eine ganze Wile auf dem Screen. Superinteressant.
Aber - Capex 2 Mrd.$. Und die Aussage stammt schon von vor einer ganzen Weile. Mittlerweile dürften es bestimmt 2,75-3 Mrd.$ sein. Also, fette finanzkräftige Partner müssen her. Alleine bekommen die das absolut nicht gestemmt. Sie werden weder Kredite in der Höhe bekommen noch Aktien in dem Ausmaß auf den Markt schmeissen können, ohne das sich der Kurs pulverisiert.
Trotzdem eine spannende Sache, und lohnend - wenns klappt. Und was für Leute mit ganz langem Atem.

Gruss
s.

[KNORPEL]

[Popeye82]

Kurs: 0,49 E

[stupidgame]

Antwort auf Beitrag Nr.: 33.105.787 von Popeye82 am 19.01.08 18:43:12

Du hast Dir ein gutes Timing für den Thread rausgesucht. Alle Achtung!
NML war heute einer der ganz wenigen Gewinner. Warum? Es gibt Übernahmespekulationen.
Ganz nebenbei, in dem folgenden Artikel steht auch die, wohl aktuelle, Capex drin. Mittlerweile 3,6 Mrd.$.
Aber, wie gesagt, es sind Spekulationen. Noch ist nix raus.

Gruss
s.

http://www.business-standard.com/common/news_article.php?lef…

[Popeye82]

"IRON ORE DEVELOPMENT - New Millennium readies project for 2010 start



QUEBEC and LABRADOR - Calgary's NEW MILLENNIUM CAPITAL has plans to begin mining direct shipping ore from its DSO properties near Schefferville in 2010. The company hopes that the early start of the DSO project will help fund its larger KeMag project near Lac Harris, QC.

New Millennium holds 27 deposits that were previously owned by the IRON ORE COMPANY OF CANADA in Quebec and Labrador. Historically, the deposits are thought to contain 100 million tonnes of iron ore grading perhaps 60% Fe. New Millennium has yet to produce a NI-43-101-compliant resource estimate.

The DSO are sub-divided into four areas designated Area 1, Area 2, Area 3 and Area 4. The company's conceptual plan is to consider mining these areas in two phases.

The first phase of development, which represents about 20% of the estimated resources, includes Area 2 and Area 3. These areas have semi-developed infrastructure which will permit rapid construction. The conceptual plan is to transport the crude ore by truck from the 10 open pit deposits in Area 2 (10 km north of Schefferville) and Area 3 (20 km north of Schefferville) to a wash plant to be built and installed in Area 3. The wash plant is expected to produce two products, a lump ore and a fines product. It is planned to transport these products by rail to a marshalling yard near Schefferville prior to shipment on the main line to Sept Iles.

The second phase, including about 75% of historical estimated resources, will entail mining in Area 4. This area, which is about 50 km north of Schefferville has no infrastructure and will take longer to develop than Area 2 and Area 3. The conceptual mining plan is to transport the crude ore by haulage truck from the nine open pit deposits in Area 4 to an overland conveyor for transport to the wash plant in Area 3, then via the phase 1 infrastructure to the Port of Sept-Iles.

New Millennium anticipates the startup of its Phase 1 production in 2010 and its Phase 2 production in 2013. There are nine Area 1 open pit deposits seven of which are jointly owned with LABRADOR IRON.

Learn more about New Millennium's plans at www.NMLResources.com."

[Popeye82]

mal was witziges

http://minerals.usgs.gov/minerals/pubs/commodity/iron_ore/mc…" target="_blank" rel="nofollow ugc noopener">http://minerals.usgs.gov/minerals/pubs/commodity/iron_ore/mc…


die weltweiten Ironresourcen werden demnach auf etwa
230Mrd. t Eisenerz geschätzt

-die würden dann etwa 1% der weltweit geschätzten
derzeitigen Resourcen beherbergen!!

[Frieder2901]

NML heute bei heftigem Volumen 10% im Plus. Da geht noch mehr.

"New Millennium Capital Corp. ('NML' or 'the Corporation') (TSX VENTURE:NML) provided an update today of its estimated Mineral Resources as a result of the completion of the latest 45 hole (totaling 4,885 metres) diamond drilling program in 2007 on its 100% owned KeMag Iron Ore Property (the 'KeMag Property') in Quebec.

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The objective of the 2007 KeMag drill program was to upgrade and expand the resource base. These results show that 991 million tonnes are in the Measured Resources category. The tonnages of Indicated and Inferred Mineral Resources remain around the same level (See Table below). The total estimated Mineral Resources as a result of the 2006 and 2007 KeMag drill programs is 2,314 million tonnes of Measured and Indicated Resources and 1,034 million tonnes of Inferred Resources. Based on the previously reported(1) Mineral Resources(2) of 1,349 million tonnes of Indicated Resources and 992 million tonnes of Inferred Resources, this represents total increase of 71.5% in Measured and Indicated Resources and 4% in Inferred Resources.

Summary of Mineral Resource Estimate - 2006 and 2007 Drilling (Tonnes in millions)(using a Davis Tube Weight Recovery ('DTWR') cut-off grade of 18%) ---------------------------------------------------------------------------- Tonnage Tonnage (Millions) (Millions) Resource classification 2006 2006-2007 DTWR % Fe % Fe % SiO2 Drilling Drilling % Head Conc Conc ---------------------------------------------------------------------------- Measured 0 991 27.4 31.0 69.0 3.0 Indicated 1,349 1,323 26.1 31.5 69.8 2.5 ---------------------------------------------------------------------------- Total Measured + Indicated 1,349 2,314 26.7 31.3 69.5 2.7 ---------------------------------------------------------------------------- Inferred 992 1,034 27.0 31.4 69.3 2.8 ----------------------------------------------------------------------------

Robert Martin, President and CEO of NML said, 'We are pleased to announce that the 2007 drilling results on the KeMag deposit further confirm the world-class significance of the KeMag resource. The Millennium Iron Range NI 43-101 Resources have increased dramatically to 6.9 billion tonnes of Measured and Indicated Resources, plus an additional 2.2 billion tonnes of Inferred Resources. As previously reported, this does not include an estimated 100 million tonnes of direct quality shipping ore from 300 claims in Quebec and Labrador, which are based on historical estimates that are not in compliance with NI 43-101. The Millennium Iron Ore Range is now recognized as the largest undeveloped resource of its type in the world - a feature that is drawing world wide attention to our project by companies searching for a large, low operating cost, high quality, captive source of iron ore in a stable country.'

The Corporation engaged Geostat Systems International Inc. ('Geostat') to model the iron ore deposits using results from the 2006 and 2007 drill holes. The geological model was used as the basis for a categorized block model resource estimate to complete a 'Mineral Resource Certification' for the KeMag Property.

NML intends to integrate these results into its own geological software system for future open pit design and mine planning.

Two technical reports were filed on SEDAR concerning the KeMag Resources.

On March 23, 2007, the Corporation filed on SEDAR an independent technical report (as defined by NI 43-101) dated March 20, 2007 and prepared by Geostat Systems Inc. about Mineral Resources.

On September 20, 2007, the Corporation filed on SEDAR an independent technical report (as defined by NI 43-101) dated September 19, 2007 and prepared by Watts, Griffis and McOuat Limited and BRASS Engineering International, LLC which provided, among other things, a Mineral Resource estimate for the KeMag Property. Since the updated Mineral Resource estimates contained herein do not disclose a 100% or greater change in total Mineral Resources from that report, the Corporation does not intend to prepare a further independent technical report in respect of the KeMag Property at this time.

These Mineral Resource estimates are provided subject to a number of assumptions including that the KeMag Property is economic and technically feasible, that all regulatory and environmental approvals and permits will be obtained, that sufficient financing can be raised to develop the project and that sufficient markets are available to accept the products produced. There is no assurance that the commercial production of iron ore concentrate or pellets will achieve the test results noted above. Mineral resources which are not classified as reserves do not have demonstrated economic viability.

Mr. Robert de l'Etoile, Eng., of Geostat, is the Independent Qualified Person (as defined in NI 43-101) responsible for the Mineral Resource Estimate provided herein. Dean Journeaux, Eng. and Moulaye Melainine, Eng., of NML, are the Qualified Persons (as defined in NI 43-101), who have reviewed and verified the scientific and technical mining disclosure contained in this news release.

Attachments

The following attachments can be found on the Marketwire website at the following address:

http://media3.marketwire.com/docs/nml_attach.pdf

1. KeMag Property Map

2. KeMag magnetic taconite deposit

3. KeMag Mineral Resource Estimate, February 2008

4. Four cross-sections

Spring Drilling Program

NML intends to commence in March 2008 a spring drilling program on the KeMag Property of 27 holes (5,160 metres) for the purposes of further delineating Mineral Resources on the KeMag Property. The most practical way of drilling on Lac Harris is on the ice."

[Popeye82]

Spitze!

[Raumfahrer]

Hallo Zusammen,

über welchen Hafen ist geplant das Iron ore zu verschiffen?

Wie sieht es mit der Infrastruktur aus, bereits vorhanden?

[Frieder2901]

Sieht so aus, als würds heute weiter gehen. Bei dem Volumen steigt vielleicht ein größerer ein?

[Frieder2901]

Schöner Hype, geht fast komplett am deutschen Publikum vorbei

Eines der größten Eisenerzvorkommen weltweit, ein engagiertes Management, das alles daran setzt, einen Partner zu finden, vielleicht stehen wir dicht davor? Würde mich nicht wundern, wenn NML ohne großen Zwischenstopp sich verdrei- oder vervierfacht.

[Popeye82]

Ich würde hier -im Erfolgsfall- an deutlich mehr denken,
allerdings sehr langfristig
-ginge ja frühestens 2013 wirklich richtig los.

Allerdings fällts mir auch sehr schwer zu glauben,
daß die nicht zwischendurch übernommen werden,
ich hoff's absolut nicht -will die Produktion sehen(!!)
-aber wenn man mal schaut, wie die Branchenriesen -händeringend-
nach neuen größeren Resourcen suchen,
da kann ich mir kaum vorstellen, daß das nicht passiert.

Ist immerhin eine der größten derartigen Resourcen der Welt
+die übergeordneten Fundamentals sind noch länger stark bullish
-Eisen wird noch über einen längeren Zeitraum steigen.

[Popeye82]

starke Bewegung heute, gut 65%+ seit Treadbeginn.

@Raumfahrer
-versuche dazu noch was reinzustellen.

[Frieder2901]

Antwort auf Beitrag Nr.: 33.568.298 von Popeye82 am 06.03.08 15:02:33

Tadellos

Fühle mich an THR oder XE erinnert, die erstmal einige hundert% gestiegen sind.

[Frieder2901]

Ob der Anstieg etwas damit zu tun hat:

" India's NMDC Seeks Iron-Ore Mine in Canada to Secure Supply

By Debarati Roy

Feb. 15 (Bloomberg) -- NMDC Ltd., India's biggest iron-ore producer, plans to buy a deposit in Canada in its first overseas venture, as it seeks to increase supply of the steelmaking raw material.

The deposit contains more than 1 billion tons of iron ore, Rana Som, chairman of the Hyderabad-based company, said in a telephone interview. He declined to give details as he expects to conclude talks in a couple of months.

The deposit will increase supply for NMDC, majority-owned by the Indian government, as demand from India and China surges. Annual contract prices of the commodity have risen the past five years and may jump 80 percent from April, according to a Bloomberg News survey of four analysts published Feb. 8.

``Indian companies are in a hurry to secure supplies as China and India's demand for steel will keep prices at a record,'' Vishal Chandak, an analyst with Emkay Share & Stock Brokers Pvt., said in Mumbai.

NMDC, which supplies Essar Steel Ltd. and JSW Steel Ltd., has jumped more than fourfold in Mumbai trading in the past year. It rose 5 percent to 10,236.95 rupees at 12:51 p.m. in Mumbai.

The company will increase production of the raw material by 10 percent to 33 million metric tons in the year starting in April to meet rising demand, Director V.K. Jain said Feb. 12. The company accounts for 16 percent of India's iron ore output of 176 million tons.

New Millennium

The Canadian iron ore industry exported 30 million tons last year, according to resourceinvestor.com. In April, Essar's parent agreed to buy Minnesota Steel Industries LLC for an undisclosed sum to add 1.4 billion tons of iron-ore reserves and a steel mill in North America.

Canada's New Millennium Capital Corp. is looking for investments in iron-ore projects in Newfoundland, Labrador and Quebec, Robert Martin, chief executive officer of the Calgary- based company said in a telephone interview.

``We've been in contact with most of the major steel companies including Indian.''

Both Martin and Som declined to comment on whether the two companies are in talks.

NMDC said Feb. 12 it has reserves of 60 billion rupees ($1.5 billion) to fund acquisitions.

To contact the reporter on this story: Debarati Roy in Mumbai at [e-mail].
Last Updated: February 15, 2008 04:05 EST

[Frieder2901]

Na hier geht ja was ab. Irgendwie glaub ich, dass selbst die aktuellen 1,45$ nicht lange halten werden.

[Frieder2901]

Antwort auf Beitrag Nr.: 33.388.904 von Popeye82 am 15.02.08 23:51:36

Hier ist die pdf, aus der für das DSO ein detaillierter Projektablauf mit Skizze hervorgeht:

http://www.nmlresources.com/pdfs/news/NR0805.pdf

[Popeye82]

saftiges Plus, dürfte inzwischen noch etwas grüner geworden
sein, glaube neues ALT, oder zumindest in der Nähe davon.

"LARGE CAP MOVERS(over $100 mil market cap)

Volume Leaders
Eastern Platinum Lim TSX: ELR $3.32 +0.16 +5.06% 18,689,521
Yamana Gold Inc. AMEX: AUY $16.91 +1.21 +7.71% 12,186,441
Barrick Gold Corpora NYSE: ABX $43.55 +1.61 +3.84% 10,704,700

Percent Gainers
Fronteer Development TSX: FRG $5.65 +0.88 +18.45% 950,868
Boliden TSX: BLS $9.40 +1.38 +17.21% 1,100
New Millennium Capit TSXV: NML $1.44 +0.19 +15.20% 1,109,683

Percent Losers
Pataquilla Minerals TSX: PTQ $2.40 -0.14 -5.51% 77,055
OceanaGold Corporati TSX: OGC $2.56 -0.09 -3.40% 96,220
Banro Corporation TSX: BAA $9.23 -0.28 -2.94% 20,979"

[Frieder2901]

Heute schlagen die Big Boys wieder zu. Wird interessant sein zu beobachten, wie sich der Kurs in den nächsten 2 Wochen bis zum angekündigten Angebot bewegt. Vielleicht kommen wir ja tatsächlich in die Regionen um 3-4$?

Vielleicht lege ich nochmal nach. Wenn es zum jetzigen Zeitpunkt zu einem wie auch immer gearteten JV kommt, dann wird man in spätestens 5-6 Jahren mit Produktionsbeginn die Ernte einfahren können.

[Frieder2901]

Starke Party

Neubewertung??

MK 400-500Mio$
SP 4$????

[Frieder2901]

"New Millennium Capital "strong buy," target price raised
6:51a.m. - Raymond James
NEW YORK, April 1 (newratings.com) - Analysts at Raymond James reiterate their "strong buy" rating on New Millennium Capital Corp (36N). The target price has been raised from C$1.60 to C$2.90.

In a research note published this morning, the analysts mention that that the overall industry fundamentals are positive and the pellet prices have risen by 87% recently. The prospects of a joint venture partner or a strategic investor for New Millennium Capital are improving, which might lend upside to its share price going forward, the analysts say."

[Frieder2901]

Es geht weiter:

"New Millennium Capital Corp. Announces the Appointment of Gilles Blouin as Senior Consultant -Rail Transportation and Terminal Agreements

16:16 EDT Wednesday, April 02, 2008

CALGARY, ALBERTA--(Marketwire - April 2, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today that Mr. Gilles Blouin of Sept-Iles, Quebec, has been appointed a senior consultant to NML with special responsibility to lead the team to develop and execute the arrangements for Direct Shipping Ore ("DSO") rail transportation, and port handling, including ship loading of NML's DSO and KeMag products.

In 1989, Mr. Blouin joined the then new $3 billion Aluminerie Alouette in Sept-Iles (Pointe Noire). He spearheaded the team responsible for the development of Alouettes's particular structure, culture and identity. Alouette is recognized as one of the world's most highly productive aluminium smelter operations. In addition to his regular duties, during the construction of Phase 2, he was responsible for all construction labour relations. Mr. Blouin retired from Alouette in 2006.

For the previous 20 years, Mr. Blouin was employed with the Iron Ore Company of Canada and the Quebec North Shore and Labrador Railway Company where he served in several areas such as Personnel Services, Dock Terminal Maintenance, Railway Operations and Maintenance and Materials Management. As Vice-President Human Resources, he was responsible for labour relations and the administration of agreements in three jurisdictions, Quebec, Newfoundland and Labrador and Canada.

Mr. Blouin holds a Bachelor of Art's degree from Moncton University, attended the School of Law at Laval University in Quebec City and the Management Training Course of the University of Western Ontario in London, Ontario.

Robert Martin, NML's President and CEO, commented:

"We are pleased to welcome Gilles to the NML team and we look forward to drawing on his excellent reputation and vast experience, especially his local knowledge of the people and business relationships in the Sept-Iles area. NML will benefit from his wise counsel and guidance in this consulting role in order to obtain the transportation and port agreements required for the shipment of NML products. I have known Gilles for over 30 years and I have the highest regard for his capabilities in skillfully handling difficult situations. He is a great addition to our team.""

[Frieder2901]

Aus einem Interview mit Rob Martin vom 10.04.:

"He indicated that NML has just over $8 M in its treasury, enough to last till September. When asked whether this means another fianancing the answer was "no", we "expect or hope" to have a strategic partner on board (which would obviate the need to do a financing.

One other thing that was discussed was the size of the deposit. He reaffirmed that it was the largest in the world of its type and noted that the two deposits could be mined for 100 years!

Reading, not so deeply between the lines, it appears there are active discussions with a number of potential partners, something that is not new to most of us but its always nice to get some confirmation."

Wenn NML keine Verwässerung braucht, dann macht mich diese Aktie vielleicht doch reich.

Größtes Eisenerz Deposit seiner Art weltweit, weiter anhaltender Bedarf. Man darf gespannt sein, ob es ein gutes Angebot für NML geben wird. NMDL ist ja schon fleißug dabei, Mitfinanziers zu finden. 39 Firmen sollen sich gemeldet haben, die Interesse an einem 50:50 JV mit NMDL zur Finanzierung seiner Eisenerz Projekte haben.

Also wenn NML in 5 Jahren bei 50€ angekommen ist, dann kann ich aufhören zu arbeiten.

Das Kursziel klingt vielleicht verrückt. Aber NML startet demnächst sein Sommer Bohrprogramm und da wird noch einiges an Resourcen zu erwarten sein.

[Frickhasserin]

Antwort auf Beitrag Nr.: 33.892.881 von Frieder2901 am 15.04.08 21:55:05

verrückt ist gut

[Popeye82]

6 Seiten Artikel ...
www.aktien-review.de/newsletter/aktienreview_newsletter_06_0…

[Frickhasserin]

Konso dauert noch an
sieht aber nach Kraft sammeln aus

[tommy-hl]

Hallo,

von Maybach-Financial:

New Millennium Capital Corp. engages in the exploration and development of magnetite iron ore properties in Canada. The company owns a 100% interest in the KeMag project in Quebec and an 80% interest in the LabMag project in Labrador. It also holds a 100% interest in 306 Direct Shipping Ore claims in Quebec and Labrador. The company was founded in 2003 and is headquartered in Calgary, Canada.

Company Analysis:

Following the update of resources for KeMag in early 2008, New Millennium Capital now 6.9 billion tons in measured and indicated resources plus 2.2 billion in inferred from its LabMag and KeMag mines. In addition, the company has a Direct Shipping Ore project which covers 27 deposits containing approximately 100 million tons of direct shipping quality ore.

Analyst Opinion:

We are upgrading our rating on the stock from a neutral to a speculative buy. The company's LabMag deposit and KeMag deposit both offer compelling growth potential for the company on a long-term basis: the LabMag mine has a mining life of 65 years with a $4 billion net present value while the KeMag mine has a 25 year mining life with $7 billion of net present value.

Such large-scale mines demand large pre-production capital investments and development though; the good thing is, the company can realize production from its DSO project within next two years first and this will help to provide cash flow support for continued development at its two giant projects.
July 11, 2008 by maybach.financials

[tommy-hl]

Jul 21, 2008 10:28
New Millennium Capital Corp. Provides Project Update on Its Direct Shipping Ore (DSO) Project

http://www.marketwire.com/press-release/New-Millennium-Capit…

[Popeye82]

Presentation - June 18, 2008
www.nmlresources.com/pdfs/2008-JUN-18%20Presentation_AnnualG…

[MONSIEURCB]

Press Release Source: Investment Industry Regulatory Organization of Canada (IIROC); Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Investment Industry Regulatory Organization of Canada - Trade Resumption - New Millenium Capital Corp. - NML
Wednesday October 1, 1:56 pm ET

VANCOUVER, Oct. 1 /CNW/ - Trading resumes in:

Issuer Name: New Millenium Capital Corp.
TSX-V Ticker Symbol: NML
Resumption Time: 14:30 EDT

For further information

Investment Industry Regulatory Organization of Canada, [phone]

[MONSIEURCB]

1,2 Mio. Umsatz in CA - ein Fond in weiser Voraussicht?

[Popeye82]

Antwort auf Beitrag Nr.: 35.370.175 von MONSIEURCB am 01.10.08 20:06:59

New Millennium enters into Binding Agreement with Tata Steel Global Minerals Holdings Pte Limited - Oct 1, 2008
www.nmlresources.com/pdfs/news/NR0817.pdf

"CALGARY, Alberta, Canada (Marketwire – October 1, 2008) - New Millennium Capital Corp (“NML” or the “Company”) (TSX-V: NML) announced today that it has entered into a binding agreement with Tata Steel Global Minerals Holdings Pte Limited of Singapore (“Tata Steel”), a wholly owned indirect subsidiary of Tata Steel Limited of Jamshedpur, India (listed on The Bombay Stock Exchange, Mumbai and National Stock Exchange of India Ltd.) whereby Tata
Steel will become a strategic investor of NML. Tata Steel will acquire, in a private placement, 19.9% of the common shares of the Company (the “Common Shares”) and will acquire, at its option, an 80% equity interest in NML’s Direct Shipping Ore project (“DSO Project”) located in the Province of Newfoundland and Labrador (“NL”) and the Province of Quebec (“QC”). The agreement provides exclusivity with respect to each of the DSO Project (the “DSO Exclusivity”) and the LabMag taconite iron ore property located in NL (the “LabMag Exclusivity”) which is 80% owned by NML and 20% owned by the Naskapi Nation of Kawawachikamach.

Robert Martin, New Millennium President and CEO, said, “The agreement with Tata Steel, the world’s sixth largest steel producer, is a decisive corporate event for New Millennium. It is also a definitive recognition that the Company offers significant sources of supply, of high quality iron ore products, for the global steel industry from a country rated highly for mining investment. This agreement culminates a lengthy and thorough search for a strong strategic investor. Tata Steel is an ideal partner for New Millennium and offers our shareholders the most efficient way to realize value, in the near term, from the Company’s DSO Project and in the longer term from its LabMag Project”.

B. Muthuraman, Managing Director, Tata Steel Limited said, “Tata Steel Group is pleased to have signed this binding agreement with New Millennium, which gives Tata Steel Group the opportunity to work closely with New Millennium on the DSO and LabMag properties to develop these as a world-class project. Subject to the establishment of their economic viability, these projects may prove to be a source for part of the raw materials requirements of Tata Steel Group. In view of geographical proximity, Canada is a favourable location to source raw materials for Tata Steel Group’s European operations.”

On closing of the private placement Tata Steel will acquire, subject to regulatory approval, 26,143,556 Common Shares of NML for aggregate gross proceeds of C$23,529,200 ($0.90 per share) and will hold 19.9% of the total issued common shares (pro forma basic common shares outstanding: 131,374,653). The net proceeds from the private placement will be used by the Company primarily to develop the DSO Project through a feasibility study to be completed in the
second quarter of 2009.

Tata Steel will have an exclusivity on the DSO Project through completion of the feasibility study. After the completion of the feasibility study, Tata Steel will have an option for a 180 day period to acquire an 80% equity interest in the DSO Project. Upon exercising the option, Tata Steel will pay 80% of NML’s costs incurred to the exercise date to advance the DSO Project. Tata Steel will fund up to $300 million to earn its 80% share and will commit to take 100% of the DSO Project’s iron ore production for the life of the mining operation. Subject to completion of a
positive feasibility study, regulatory approvals and project financing, NML expects to produce 4 million tonnes per annum of iron ore products from the DSO Project commencing in 2010. There
is no assurance that the planned production and timeline will be achieved or that the DSO Project will be determined to be economically viable.

Tata Steel will also have an exclusivity to negotiate and settle a proposed transaction in respect of the LabMag project until June 30, 2009. The LabMag deposit contains 3.5 billion tonnes of proven and probable mineral reserves. These reserves are contained in 4.6 billion tonnes of measured and indicated resources and 1.2 billion tonnes of inferred resources (News Release 07-11, July 17, 2007). The parties intend to work together to find an economically viable solution to advance this project.

In addition, Tata Steel is entitled to two nominees on the Board upon completion of the placement, the number being subject to adjustment upwards or downwards based on each 9% change in ownership, provided Tata Steel will be entitled to one nominee if it holds at least 5% of the Issuer’s common shares. The identities of the nominees will be disclosed in a future news release.

Tata Steel is also entitled to a right of first refusal in connection with private placements of equity securities conducted by the Corporation and a pre-emptive right in connection with private placements (if it does not exercise its right of first refusal) and other offerings of equity securities.

Credit Suisse Securities (Canada), Inc. ("Credit Suisse") acted as lead financial advisor to NML in connection with this transaction. Certain financial advisors to NML, including Credit Suisse, are entitled to cash compensation in connection with the private placement in an aggregate amount of approximately $1.34 million.

About Tata Steel Limited
Established in 1907, Tata Steel is Asia’s first and India’s largest private sector steel company. Tata Steel Group including Corus is the world's 6th largest steel producer with a crude steel
capacity of 28.1 million tonnes. It is now the world's second most geographically diversified steel producer, with operations in 24 countries and a commercial presence in over 50 countries. Tata Steel Group with a turnover of US$33 billion in 2008 has over 82,700 employees across the four continents. For further information please visit www.tatasteel.com

About New Millennium
New Millennium is a publicly owned Canadian mining company engaged in the exploration and development of iron ore properties.

New Millennium controls 9.1 billion tonnes of NI 43-101 compliant taconite mineral resources – 6.9 billion tonnes (measured and indicated) and 2.2 billion tonnes (inferred). The LabMag deposit
contains 3.5 billion tonnes of proven and probable mineral reserves. These reserves are contained in 4.6 billion tonnes of measured and indicated resources and 1.2 billion tonnes of
inferred resources (News Release 07-11, July 17, 2007). The KeMag deposit, which is 100 % owned by NML, contains 2.3 billion tonnes of measured and indicated resources plus an additional 1.0 billion tonnes of inferred resources (News Release 08-06, February 27, 2008).

The Company also controls about 100 million tonnes of historical DSO resources that are not in compliance with NI 43-101 (News Release 08-05, February 5, 2008). The historical estimates contained in this news release of quantities of direct shipping
quality ore are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 (“NI 43-101”). Accordingly, NML is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves. The term “ore” in this release is being used in a descriptive sense for historical accuracy, and is not to be misconstrued as representing current economic viability. A feasibility study has not been completed in respect of the DSO properties and there is no certainty the proposed operations will be economically viable.

Dean Journeaux, Eng. is the Qualified Person as defined in NI 43-101 who has reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of NML.

The Corporation’s mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world’s iron and steel industries.

Please visit www.nmlresources.com .

This release may contain forward looking statements within the meaning of the “safe harbor” provisions of US laws. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. New Millennium does not assume any obligation to update any forward looking information contained in this news release.

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact
New Millennium Capital Corp.
Robert Martin, President & CEO
Tel: [phone]
Email: [e-mail] "

[Popeye82]

New Millennium closes $23,529,200 Private Placement with Tata Steel Global Minerals Holdings Pte Ltd. - Oct 9, 2008
www.nmlresources.com/pdfs/news/NR0818.pdf

"CALGARY, Alberta, Canada (Marketwire – October 9, 2008) - New Millennium Capital Corp (“NML” or the “Company”) (TSX-V: NML) is pleased to announce that further to its announcement on October 1, 2008, the Corporation has closed the private placement whereby it issued 26,143,556 common shares in the capital of the Corporation at a price of $0.90 per common share to Tata Steel Global Minerals Holdings Pte Ltd. of Singapore, raising aggregate gross proceeds of $23,529,200. The securities issued pursuant to the private placement are subject to a four month trading restriction. The net proceeds from the private placement will be used by the Company primarily to develop the DSO Project through a feasibility study to be completed in the second quarter of 2009. The Company received conditional approval for the private placement from the TSX-V on September 29, 2008, and expects to receive final approval from the TSX-V in due course.

About Tata Steel Limited
Established in 1907, Tata Steel is Asia’s first and India’s largest private sector steel company. Tata Steel Group including Corus is the world's 6th largest steel producer with a crude steel
capacity of 28.1 million tonnes. It is now the world's second most geographically diversified steel producer, with operations in 24 countries and a commercial presence in over 50 countries. Tata
Steel Group with a turnover of US$33 billion in 2008 has over 82,700 employees across the four continents. For further information please visit www.tatasteel.com and www.corusgroup.com .

About New Millennium
New Millennium is a publicly owned Canadian mining company engaged in the exploration and development of iron ore properties.

New Millennium controls 9.1 billion tonnes of NI 43-101 compliant taconite mineral resources – 6.9 billion tonnes (measured and indicated) and 2.2 billion tonnes (inferred). The LabMag deposit
contains 3.5 billion tonnes of proven and probable mineral reserves. These reserves are contained in 4.6 billion tonnes of measured and indicated resources and 1.2 billion tonnes of inferred resources (News Release 07-11, July 17, 2007). The KéMag deposit, which is 100 % owned by NML, contains 2.3 billion tonnes of measured and indicated resources plus an additional 1.0 billion tonnes of inferred resources (News Release 08-06, February 27, 2008). The Company also controls about 100 million tonnes of historical DSO resources that are not in compliance with NI 43-101 (News Release 08-05, February 5, 2008).

Subject to the completion of positive feasibility studies, project financing and project construction, the concentrate from the taconite projects would be pumped from the mine/concentrator complex through a slurry pipeline to a suitable location where it would be both pelletized and sold as concentrate. Annual production is targeted at 15 million tonnes per year of pellets (“mtpy”) and 7 mtpy of concentrates, expected to commence in 2013.

A feasibility study is expected to be completed on the DSO property by June 30, 2009. Annual production, based on a positive feasibility study, project financing and project construction, is
estimated at 1 mtpy of lump ore and 3 mtpy of sinter feed fines.

These projects envision the construction and operation of ship loading facilities and related infrastructure at the Pointe-Noire terminus, located at the Port of Sept-Iles from where the various
iron ore products would be shipped, on a year round basis, by ocean vessels to markets in Canada, the United States, Western Europe, North Africa, the Middle East and Asia.

The historical estimates contained in this news release of quantities of direct shipping quality ore are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and
Mineral Reserves, as required by National Instrument 43-101 (“NI 43-101”). Accordingly, NML is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves. The term “ore” in this release is being used in a descriptive sense for historical accuracy, and is not to be misconstrued as representing current economic viability. A feasibility study has not been completed in respect of the DSO properties and there is no certainty the proposed operations will be economically viable.

Dean Journeaux, Eng. is the Qualified Person as defined in NI 43-101 who has reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of
NML.

The Corporation’s mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world’s iron and steel industries. For further information, please visit www.nmlresources.com .

This release may contain forward looking statements within the meaning of the “safe harbor” provisions of US laws. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. New Millennium does not assume any obligation to update any forward looking information contained in this news release.

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact
New Millennium Capital Corp.
Robert Martin, President & CEO
Tel: [phone]
Email: [e-mail] "

[Popeye82]

"STRONG BUY" - Raymond James - Oct 17, 2008
http://money.canoe.ca/News/AnalystRatings/2008/10/17/7120861…
(als einziges von 18 Unternehmen)

[Popeye82]

New Millennium announces management promotion - Oct 23, 2008
www.nmlresources.com/pdfs/news/NR0819.pdf

[Frickhasserin]

Antwort auf Beitrag Nr.: 35.647.587 von Popeye82 am 21.10.08 20:45:56

ich hab auf ihn gehört

[Popeye82]

New Millennium announces financial results for the third quarter ending September 30, 2008 - Nov 20, 2008
www.nmlresources.com/pdfs/news/NR0820.pdf

[Popeye82]

New Millennium Capital Corp. appoints new directors and interim CFO and Tata Steel names Chief Executive - Canada Projects - Nov 24, 2008
www.nmlresources.com/pdfs/news/NR0821.pdf

[KNORPEL]

[Popeye82]

New Millennium Capital Corp. announces a corporate update - Dec 15, 2008
www.nmlresources.com/pdfs/news/NR0822.pdf

[Popeye82]

New Millennium Capital Corp. Announces Update of KeMag Mineral Resource Estimate Based on the Spring Drilling Program, and Positive Results of KeMag Pre-Feasibility Study - Jan 16, 2009
www.nmlresources.com/pdfs/news/NR0901.pdf

[Popeye82]

New Millennium Capital Corp. Announces Grant of Stock Options - Jan 19, 2009
www.nmlresources.com/pdfs/news/NR0902.pdf

[Popeye82]

Tatas expand partnership with New Millennium - Kolkata - January 24, 2009, 0:41 IST

- Ishita Ayan Dutt -
www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=25767…

"Steel major Tata Steel plans to become a partner in Canada-based New Millennium Capital Corp’s $4-billion KeMag property, having iron ore reserves in excess of two billion tonnes.

A Tata Steel spokesperson said, the company would engage in the KeMag property in due course as the pre-feasibility study has just been completed. However, for Tata Steel Global Mineral Holdings, an indirect wholly owned subsidiary of Tata Steel, which picked up a 19.9 per cent stake in New Millennium, a bankable feasibility study on the direct shipping ore (DSO) project is a priority.

The Tata Steel-New Millennium deal forged last year has three components.

First, Tata Steel would become New Millennium’s largest shareholder with a 19.9 per cent stake.

Second, on completion of a feasibility study by New Millennium for its DSO project, the Indian steel major would have 180 days to acquire an 80 per cent interest in the project. It would furthermore invest up to a total of $300 million in the project to start production. Tata Steel has committed to purchase 100 per cent of DSO’s ore production at the prevailing world prices during the life of the mine.

Third, the Indian major has an exclusive right to negotiate a proposed transaction in respect of the LabMag project until June this year. The LabMag project has indicated reserves of 3.6 billion tonnes.

The KeMag project was not part of the deal with New Millennium. “Our immediate priority is to ensure that the DSO feasibility study is completed as soon as possible and the production starts at the earliest,” said a Tata spokesperson.

According to the pre-feasibility study, the KeMag project will have an initial capital cost of $3.8 billion and a working capital need of $26.4 million. The net present value of the project, before corporate and mining taxes, is $7.3 billion.

The next stage for the KeMag project is to initiate a feasibility study, which if successful would lead to project financing in 2011 and a production start by 2014.

New Millennium is Tata Steel’s third overseas iron ore venture. The company has a joint venture with Sodemi, a government-owned mineral development company in Africa, and a greenfield steel project in Vietnam, linked to iron ore deposits. Also, Tata Steel is in the running for a $1.6-billion iron ore project in Liberia.

Tata Steel, with a 28 million tonnes capacity, has set a target of 40 per cent raw material security over the next 3-5 years. The group meets all its iron ore requirements for its domestic operations from its own mines. Currently, the group, which includes Corus (20 million tonnes capacity) and other foreign acquisitions, has a raw material security of 22 per cent only. "

[Popeye82]

New Millennium Capital Corp. announces results of first NI 43-101 mineral resource estimate on its direct shipping ore (DSO) project - Feb 11, 2009
www.nmlresources.com/pdfs/news/NR0903.pdf

[Popeye82]

New Millennium Capital Corp. announces filing of Pre-Feasibility Study Technical Report on Kémag - Mar 3, 2009
www.nmlresources.com/pdfs/news/NR0904.pdf

[Popeye82]

New Millennium Capital Corp. announces positive results of DSO Project Pre-Feasibility Study upgrade of mineral resources to reserves - Mar 4, 2009
www.nmlresources.com/pdfs/news/NR0905.pdf

[Popeye82]

New Millennium Capital Corp. announces filing of technical report on DSO Resource Estimate - Mar 26, 2009
www.nmlresources.com/pdfs/news/NR0906.pdf

[Popeye82]

New Millennium Capital Corp. provides update on progress of DSO and Taconite projects - Apr 8, 2009
www.nmlresources.com/pdfs/news/NR0907.pdf

[Popeye82]

Antwort auf Beitrag Nr.: 36.983.266 von Popeye82 am 16.04.09 20:13:32

"New Millennium outlined several interrelated and contingent key objectives and tentative timelines for 2009:

DSO Project Objectives
1) Complete the DSO pre-feasibility (“PFS”) study in Q-1
2) Complete the DSO joint venture agreement with Tata (“JVA”) in Q-2
3) Obtain DSO road, railway and power line permits in Quebec (“QC”) in Q-2
4) Complete the DSO feasibility study (“FS”) in Q-3
5) Obtain DSO environmental approval (Newfoundland and Labrador (“NL”) in Q-4
6) Obtain DSO project approval by Tata in Q-4
7) Order early stage DSO track material, camp and equipment in Q-4

LabMag and KéMag (“Taconite Projects”) Objectives
1) Complete KéMag pre-feasibility study and reserves estimate in Q-1
2) Start LabMag Project feasibility study stage in Q-3 "

[MONSIEURCB]

Hi Popoeye ... nur damit du dich nicht so einsam fühlst hier:
DU BIST NICHT ALLEIN ... UND: MERCI !

[Popeye82]

Antwort auf Beitrag Nr.: 36.983.468 von MONSIEURCB am 16.04.09 20:35:59

Thx -aber kein Problem.
(denke nur, daß das Problem von vielen/den meisten Leuten ist, nur happy zu sein, wenn der Aktienkurs gerade "abgeht", das Interesse verlieren, wenn´s gerade schlecht läuft -&wenn es wieder gut läuft ... )


Unabhängig von dem Unternehmen hier -aber ich hab mal gehört, daß man niedrig kaufen soll(am Anfang konnte ich mich darüber ziemlich aufregen, daß dann plötzlich keiner mehr Interesse hat -inzwischen sehe ich´s als, riiiiiesen, Vorteil(gibt natürlich keine Garantien, daß sowas dann auch aufgeht -aber grundsätzlich interessieren mich inzwischen vielmehr fallende Werte(die man irgendwie für interessant hält/was abgewinnen kann))).

MD &A - Apr 29, 2009
www.sedar.com

Gruß,
Popeye

[Popeye82]

New Millennium Capital Corp. announces financial results for the fourth quarter and year ending December 31, 2008 - Apr 29, 2009
www.nmlresources.com/pdfs/news/NR0908.pdf

[Popeye82]

New Millennium Capital Corp. reports progress of DSO project - Jun 25, 2009
www.marketwirecanada.com/press-release/New-Millennium-Capita…

"New Millennium Capital Corp. ("NML" or "the Company") (TSX VENTURE:NML) and its strategic partner, Tata Steel, announced today the commencement of the Direct Shipping Ore ("DSO") Feasibility Study ("Study") and the formation of a Joint Steering Committee to monitor Study progress.

The Company is on track to complete the Study in Q3, 2009. NML, working closely with Tata Steel, has completed optimization studies that were designed to maximize the commercially desirable characteristics of the product. These relate specifically to the project's assumptions and criteria for mine blending and wash plant design. Based on the results of pilot scale tests carried out at various test labs and vendor facilities, the wash plant flowsheet has been developed to ensure that the product can be tailored to meet the quality requirements of Tata Steel's European subsidiary Corus Group for hot metal production in the blast furnace.

Robert Martin, President and CEO of NML, commented on overall progress, "I am extremely pleased how we have worked together with Tata Steel to identify optimal solutions to meet the quality control requirements of the Corus Group. Tata Steel's personnel have shown an in-depth understanding of the complex ore bodies and offered constructive ideas based on their experience with similar processes. I am confident that we have identified many opportunities to improve an already good project in order to better suit Tata's requirements. As a consequence, NML is on its way to significantly advance the DSO Project toward production."

The Steering Committee is comprised of three members from each of NML and Tata Steel. The Committee's mandate is to monitor the progress of the Study and provide the necessary direction to ensure its timely completion. NML is in the process of engaging various consultants to conduct engineering and capital cost estimates for the project. The Study is designed to have an accuracy of +\-15% and is expected to serve as the basis for a final decision by financial institutions to finance the development of the project. NML's own technical team will work closely with engineers from Tata's Global Mining Services and Research & Development (R&D) Centre, both located in Jamshedpur, India. Inputs related to the process design and product quality will also be provided by Tata's Corus Group.

Mr. Suren Rao, Tata's CEO - Canada Projects, will oversee participation of Tata Steel personnel during the preparation of the Study. In order to expedite the large volume of activity, he is being assisted by two Tata Steel engineers, both of whom will be based in NML's Montreal office.

Additional work is currently being performed to confirm these optimization improvements and to complete the Study in Q3, 2009. Subject to a positive Study, NML expects Tata Steel's approval in Q4 2009 and the commencement of production in Q2, 2011.

The following activities are scheduled to optimize the results of the Feasibility Study:

- Drilling of 3,260 meters at the Kivivic 4 and Sunny 1 deposits located in Area 4 in order to upgrade these historical resources to NI-43-101 compliant resources. The Study will include additional resources to increase the project life.

- Six bulk samples will be collected for additional pilot plant tests. While the process flowsheet will be based on the available test results, bulk samples will be used to fine tune the plant design and produce product samples in a pilot plant for metallurgical testing.

Other interrelated and contingent key DSO milestones for 2009 are summarized as follows:

1) Complete the DSO joint venture agreement ("JVA") with Tata in Q-2

2) Obtain DSO road, railway and power line permits in Quebec in Q-3

3) Complete the Study in Q-3

4) Obtain DSO environmental approval from the Government of Newfoundland and Labrador in Q-4

5) Obtain DSO project approval by Tata Steel in Q-4

6) Order early stage DSO track material, camp and equipment in Q-4

Jean-Charles Bourassa, Eng. and Moulaye Melainine, Eng. are the Qualified Persons as defined in NI 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of NML.

About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, the world's sixth largest steel corporation, owns 19.9% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has an exclusive option to fund the DSO Project, a commitment to take the resulting production, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project (see news release 0817, October 1, 2008). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves plus 1.0 billion tonnes of Measured and Indicated resources and 1.2 billion tonnes of Inferred resources; KeMag contains 2.1 billion tonnes of Proven and Probable reserves, 0.3 billion tonnes of Measured and Indicated resources and 1.0 billion tonnes of Inferred resources.

The Corporation's DSO project contains 52.5 million tonnes of Proven and Probable Mineral Reserves, 3.5 million tonnes of measured and indicated Mineral Resources, 5.8 million tonnes of Inferred Resources and about 40.0 million tonnes of historical resources that are not currently in compliance with NI 43-101.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com ."

[Popeye82]

New Millennium Capital Corp. Announces Extension of Taconite Project Exclusivity With Tata Steel - Jun 30, 2009
http://ca.news.finance.yahoo.com/s/30062009/28/link-f-ccnmat…

[Popeye82]

neue Presentation(18.06.09):
www.nmlresources.com/pdfs/20090616-AGMJune18,2009.pdf

[Popeye82]

New Millennium Capital Corp. Announces Financial Results for the Second Quarter Ending June 30, 2009 - Aug 28, 2009
www.marketwirecanada.com/mw/rel_ca.jsp?id=1037216&k=NML

[Popeye82]

New Millennium Capital Corp. Announces Signing of an Asset Exchange and Rail Co-Operation Agreement With Labrador Iron Mines Ltd. - Oct 22, 2009
www.nmlresources.com/pdfs/news/NR0913.pdf

"New Millennium Capital Corp. ("NML" or"the Corporation") (TSX VENTURE:NML) announced that NML and Labrador Iron Mines Ltd. (LIM) have signed an Asset Exchange Agreement ("AEA") to exchange certain direct shipping iron ore mineral properties located in the Provinces of Newfoundland & Labrador ("NL") and Quebec ("QC"). In addition, the two companies have also signed a Rail Co-operation Agreement ("RCA") regarding the reconstruction and permitting of the "Timmins Extension" rail tracks from TSH Railroad main line near Schefferville to the Timmins mining areas (Attached map Figure 1). NML also provides an update on the progress of its DSO Feasibility Study.

Robert Martin, President and CEO of New Millennium, said, "These agreements represent another key step in moving our DSO Project toward production. By rationalizing fragmented ownership of certain DSO deposits NML will increase the efficiency of our operations and minable tonnage In addition, the RCA enables both companies to rebuild the necessary rail infrastructure in their respective operating areas and allows the construction of passing tracks and sidings in common areas. I am very pleased that we have arrived at mutually beneficial agreements with Labrador Iron Mines. A large scale project like the DSO requires agreements with several third parties and we regard these positive agreements with LIM as showing the value that accrues to all parties through cooperation and recognition of common interests."


The Agreements:

AEA

Prior to the AEA, NML and LIM had partial ownership of 12 DSO deposits out of NML's 31 DSO deposits. The exchanged deposits are located in 3 (three) different areas (Attached map Figure 2). NML shared with LIM certain deposits in Areas 1, 3 & 4. NML has exchanged certain mineral properties in Areas 1 & 3 with LIM and has acquired the ownership of additional resources in Area 4 where the Company plans to concentrate its mining activities. These exchanges were based on historical estimates of gross quantities (non NI 43-101 compliant) of ore contained in the DSO deposits and involve equal exchanges of about 13 million tonnes. This new distribution will enable both NML and LIM to optimize their operations based on concentration of mining in their respective areas.

The historical estimates contained in this news release of quantities of direct shipping quality ore are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, NML is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves. The term "ore" in this release is being used in a descriptive sense for historical accuracy, and is not to be misconstrued as representing current economic viability.


RCA

The RCA provides the framework in which both NML and LIM have agreed to co-operate in the development of their respective projects. Some of the key components of the RCA are:

1. To facilitate iron ore mining, processing and transportation activities by allowing each party to apply for all required rights of way and/or surface rights.

2. To apply to government authorities to grant the right to each party on a specific portion of the Timmins Extension, along with rights of access to, construction on and use of such specific portion as are mutually granted by one party to the other party.

3. To negotiate and enter into an Operating agreement to determine terms of access to, use of the Timmins Extension and tariff to be paid by each party with respect to its use of the portion of rail line for which the other party holds the rights of way.

4. To collaborate in order to determine the most expedient means to
refurbish the TSH Railway to standards required to carry out the
transportation of minerals extracted from the DSO deposits.


DSO Feasibility Study Update:

New Millennium has made considerable progress regarding the Feasibility Study; but, the Company needs further clarity regarding ongoing negotiations with third parties. Conclusion of these negotiations is essential in order to finalize the Feasibility Study with a sufficient degree of confidence in the results. Updates will be provided as negotiations are completed. A pre-feasibility study has been completed and results were published in the news release 09-05 on March 4, 2009.

Dean Journeaux, eng. and Bish Chanda, eng. are the Qualified Persons as defined in NI 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of NML.


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, the world's eighth largest steel corporation, owns 19.9% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has an exclusive option to participate in the DSO Project, a commitment to take the resulting production, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 52.5 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.9% Fe, 3.5 million tonnes of measured and indicated Mineral Resources at an average grade of 59.0% Fe, 5.8 million tonnes of Inferred Resources at an average grade of 55.8% Fe and about 40.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 10, 2009 and news release 09-05, March 4, 2009). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Popeye82]

New Millennium Capital Corp. Announces Signing of the Joint Venture Agreement With Tata Steel for the DSO Project and Provides an Update on Feasibility Study Status - Nov 06, 2009
www.globeinvestor.com/servlet/story/CCNM.20091106.566067_1/G…

[Popeye82]

New Millennium Capital Corp. Reports Increase of 20% in DSO Project Resource Estimate Also Provides Updates on Successful Completion of Pilot Plant Tests and Results of 2009 Drilling Campaign - Dec 09, 2009
www.marketwirecanada.com/mw/rel_ca.jsp?id=1088015&k=NML

[Popeye82]

Abkommen mit der Hafenbehörde von Sept-Iles, angedachter 1ster Förderstart weiterhin für 2011 geplant:

New Millennium Capital Corp. Announces Signing of Port Commercial Agreement for Its Direct Shipping (DSO) Iron Ore Project - Feb 16, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"CALGARY, ALBERTA--(Marketwire - Feb. 16, 2010) - New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today that it has signed an agreement with the Sept-Iles Port Authority ("SIPA") for the shipment of iron ore products from its DSO properties over the SIPA owned dock at Pointe Noire (Sept-Iles), Quebec. The Port of Sept-Iles operates year round and is the largest shipper of iron ore products in North America.

The agreement ensures that New Millennium will have the right to export its products over the SIPA owned dock at Sept-Iles at competitive and established long term wharfage rates. The Company's expectation is to start production in 2011 reaching shipments of 4 million tonnes per year by 2013, subject to regulatory approvals, advanced engineering and procurement.


Robert Martin, President and CEO, stated: "This is an essential agreement for advancing our DSO Project as it provides some of the required facilities to export our products. The agreement reached is mutually beneficial for NML and SIPA and falls within our previous cost assumptions. We believe that this economically competitive agreement recognizes the importance of our DSO project and that similar recognition will be evidenced in concluding other outstanding agreements."


Mr. Pierre Gagnon, CEO of SIPA stated: "We are pleased with the progress New Millennium has made in moving it's DSO Project forward to this new milestone. We also support NML in its future plans to develop NML's KéMag and LabMag iron ore projects".


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, the world's eighth largest steel corporation, owns 19.9% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has an exclusive option to participate in the DSO Project, a commitment to take the resulting production if the option is exercised, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5, 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 63.5 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8% Fe, 4.6 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.9% Fe, 7.15 million tonnes of Inferred Resources at an average grade of 55.9% Fe and approximately 40.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009, news release 09-05, March 4, 2009 and news release 09-16, December 9, 2009). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Popeye82]

Antwort auf Beitrag Nr.: 38.953.407 von Popeye82 am 16.02.10 18:10:02

muss heissen: "für Q2 ´11 geplant"

[Frieder2901]

Antwort auf Beitrag Nr.: 38.953.442 von Popeye82 am 16.02.10 18:13:52

Hallo Popeye82,

schaue sporadisch in den thread, weil ich meine New Millennium Aktien seit 2 Jahren habe. Vielen Dank für deine Beiträge. Schöner Anstieg heute wieder.

Gruß
Frieder

[Popeye82]

also sehr positiv ist die Feasibility Study IMO nicht wirklich(im speziellen mit dem IRR in Relation zum(aktuellen) Mine Life), NPV bei 8%, jetzt dürfte es auf Tata ankommen, wie sie Ihren Teil zur Kapitalbeschaffung beitragen:

New Millennium Capital Corp. Announces Positive Feasibility Study Results for Its DSO Project - Feb 25, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"CALGARY, ALBERTA--(Marketwire - Feb. 25, 2010) - New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today the results of the Feasibility Study ("the Study") to develop a project to mine its 100% owned DSO properties (the "DSO Project" or the "Project"). The Study updates the earlier pre-feasibility study which was prepared in assistance with Consulting Engineer Met-Chem Canada Inc. ("Met-Chem") located in Montreal, Quebec. The estimated mineral resources supporting the Study were updated based on 2009 drilling results that were established earlier by SGS Geostat Inc. ("Geostat"), also of Montreal (see News Release 09-16 dated December 9, 2009). This update was done by NML with contributions and review by others, including Met-Chem, with expertise critical to some aspects of the Project. An updated National Instrument ("NI") 43-101 Technical Report, which includes the results of the 2009 drilling program, will be filed on SEDAR within 45 days of this news release.


Highlights of the DSO Project Feasibility Study:

+ Production assumption of 4 million tonnes per year ("mtpy") of Sinter Fines and Super Fines products.

+ Proven and Probable Mineral Reserves of 64.1 million tonnes ("mt").

+ Variable stripping ratio, from mine to mine, with an average of 1.03 over the life of the mines.

+ Total initial capital cost of US$ 300 million and working capital of about US$ 13.5 million.

+ Sustaining capital, capital leasing, mine rehabilitation and Goodwood development at US$ 115 million

+ Internal rate of return ("IRR") of 29% (unleveraged and before corporate taxes and mining taxes).

+ Payback of 3 years after the start of commercial production.

+ Direct jobs creation of about 200 at the mine, wash plant and administrative areas.

+ Anticipated start of commercial production in Q3, 2011, provided that certain advanced engineering, purchases of equipment and site infrastructure development are made in March, 2010.


Robert Martin, President and CEO, stated: "I am very pleased that the optimized Study continues to demonstrate a financially robust project. New Millennium has now taken a decisive step closer to becoming a producing mining company with a source of near term cash flow to pursue its mission to increase shareholder value. We have worked closely with Tata Steel's personnel during the Study to ensure that we have properly optimized our operating processes. Even though we have not concluded all required Project agreements, based on negotiations to date and information received from various sources, we are confident that our operating cost estimate is also within the accuracy of the Study. Our expectation is to start production in 2011, subject to regulatory approvals, financing, advanced engineering and procurement."

The Study will now be reviewed by Tata Steel, in order to make a decision to fund the Project. Tata and NML have recently signed a joint venture agreement (JVA), which will enable the parties to form a joint venture company (JVC) to develop and operate the Project after an investment decision is made (see News Release 09-14 dated November 6, 2009) no later than 180 days after receipt of the Feasibility Study by Tata Steel.


Summary of the Feasibility Study:

The DSO Project is a brownfield project, near Schefferville, Que., which is located in the historic iron ore producing region of Canada. From 1954 to 1982, the Iron Ore Company of Canada (IOCC) had extensive operations to mine DSO ores. NML now owns 22 of these DSO deposits which are located in different areas as shown in the attached map (see Map 1).

Following the completion of the DSO Pre-feasibility Study (PFS) in February 2009, review meetings were held with Tata Steel to modify and optimize the Study criteria as described below:

+ Because of the friability of the ore and degradation during transportation, it was determined that no lump ore would be produced to maximize the production of sinter fines.

+ The DSO products will contain a minimum of 64.5% Fe and a maximum of 4.5% of combined SiO2 +Al2O3.

+ The ore will also be extensively blended to deliver a consistent feed to the process plant in order to meet the above specifications.

+ Mining, processing and shipping to the port will be carried out throughout the year to maximize the utilization of capital assets and optimize operating costs.

+ Products will be dried to a low enough moisture to prevent freezing in ore cars during winter.


GEOLOGY:

The DSO deposits were derived from the iron bearing sediments of the Sokoman Formation and Ruth Formation. The ores comprising blue and red hematite with goethite and limonite were formed by the leaching of the gangue minerals such as chert, silicates and carbonates. The primary breakdown of the ores was into three color groups controlled by stratigraphy. The color groups are:

Blue Ore: Derived from the middle and upper sections of the Sokoman Formation; it is generally coarse-grained and friable, and consists of hematite and martite, with minor chert.

Red Ore: Derived from the Ruth Formation; it is made up of earthy red hematite and retains the clay/slate characteristics of the original formation.

Yellow Ore: Derived from the lower section of the Sokoman Formation; it is made up of goethite and very fine-grained limonite that retains a high moisture content.

Drilling started in 2008 and continued through the summer of 2009. Reverse circulation drills were used in 2008 and a sonic drill in 2009. Altogether 10 deposits were selected for drilling. A total of 10,300 meters were drilled in 215 holes and 3140 samples were analyzed. The current 43-101 compliant reserves are outlined in Table 1:


Iron Ore Mineral Reserves: 2008 and 2009 Drilling
----------------------------------------------------------------------------
Reserve Tonnage (Millions) Tonnage (Millions)
Classification 2008 Drilling 2008-2009 Drilling % Fe % Mn % SiO2
----------------------------------------------------------------------------


Proven 20.7 21.1 59.87 0.130 5.89
----------------------------------------------------------------------------


Probable 31.8 43.0 58.38 0.559 9.26
----------------------------------------------------------------------------


Total P+P 52.5 64.1 58.87 0.418 8.15
----------------------------------------------------------------------------


There are Measured (1.3 million tonnes), Indicated (1.7 million tonnes), and Inferred (7.3 million tonnes) of Mineral Resources remaining. Mineral resources that are not mineral reserves do not have demonstrated economic viability. In addition, approximately 40 million tonnes of historical resources (non-NI 43-101 compliant) remain. A qualified person has not done sufficient work to classify historical estimate as current mineral resources and the historical estimate should not be relied upon.

As NML owns 769 partially unexplored DSO claims (297.9 km(2)), it is anticipated that future iron ore exploration may lead to the discovery of additional DSO ore bodies.


MINING:

At this stage 10 deposits were selected for development and therefore formed the basis of the mining operation. Resource block models were created by Geostat using ore envelops that were derived from exploration drilling. Three dimensional mining block models were created from the resource block models. Each block contained various data, such as the Fe grade, percentages of SiO2 and Al2O3, loss on ignition (LOI) and weight recovery. The pits were designed by MineSight software, which uses a Lerch-Grossman 3D pit optimization algorithm to determine the optimum pit shell. The reserves were calculated based on an assumed slope of 50 Degrees, ramp width of 21 m at 8% maximum gradient and Fe cut-off grade of 50%. The mine schedule was prepared to achieve the required blend, a minimum of stripping and a balanced equipment fleet. The current schedule was based on a mine life of 10 years.


PROCESSING:

IOCC did not upgrade the DSO ores prior to shipment to its customers. NML undertook extensive bulk sampling and testing to determine an optimum flowsheet to process the blended ore to produce products to the Tata specified grade. Over 2000 tonnes of bulk samples were collected from 10 selected deposits. Samples were crushed and screened at the site and 110 tonnes, were shipped to testing laboratories for flowsheet development. The upgrading process selected in the Study is by gravity followed by magnetic separation.

Two pilot plant tests were performed at the facilities of MBE-Coal & Mineral Technologies (CMT) and Studien Gesellschaft fur Eisenerzaufbereitung (SGA), both located in Germany. The tests have established, with a high degree of confidence, that the products will meet the chemical and physical specifications required by Tata. About 80% of the plant production is expected to be comprised of sinter fines and the remainder to be comprised of super fines.


MINE INFRASTRUCTURE:

Mining will start in Area 3 (see Map 1), where IOCC was mining just prior to the closure of its Schefferville operations. Some of the pits are partially mined or stripped and therefore can be restarted with a minimum of capital. A rail bed from the main line exists and is in excellent condition. A 28 km long rail link from the main line will be established up to the Timmins area, where a processing plant, offices, laboratories, maintenance and service facilities etc. will be located (see Map 3). A portion of this rail will be constructed by other parties in the adjoining area. All facilities will be housed under a 106 m wide x 170 m long x 35 m high air supported dome (see Map 2). In addition to providing adequate protection from weather elements, the dome will be more economical than having separate buildings for individual facilities. Personnel will be transported by air on a Fly-in/Fly-out basis, and a campsite will be built near the dome to accommodate first construction workers and later production personnel.

Tailings from the process plant will be pumped to a nearby mined out pit and the reclaimed water will be pumped back to be used as process water. Hydro power will be available during the summer months from the Menihek power station. An electrical transmission line will be re-established from a nearby substation to feed the installations. Since adequate hydro power will not be available, especially during winter, diesel generating sets will be used to supply additional power. The exhaust from the generators will be used to pre-heat air to the dryer and generate steam for filtering. The products from the process plant will be stored in silos. It is expected that every two days, a 240 car train will be loaded through a rapid loading system.

Mining will start in Area 4 during the second year which will be necessary to achieve the required blend for the plant feed. A 35 km long haul road will be built to bring the ore for processing to the Timmins area. Only essential servicing facilities will be built in the "greenfield" site at Area 4. A diesel generator will supply the required power.


TRANSPORTATION AND SHIPPING:

The DSO ore trains will be hauled to the Pointe Noire Terminal at Sept-Iles, where a car dumper will be built and the products stockpiled. The existing dock owned by the Sept-Iles Port Authority (SIPA) will be used to load vessels using the ship loading equipment owned by Wabush Mines. The transportation and port handling costs constitute a major part of the total cash operating costs. NML is conducting intensive negotiations with three rail carriers, which are designated as common carriers, regarding the tariff to haul the ore to the port. Similar negotiations are in progress with the terminal operator regarding the use of the handling and ship loading equipment. NML is working to conclude Project agreements in an expedient manner in order to ensure certainty regarding the operating costs. The current estimates are based on information available on similar operations and estimates provided by experts in these areas.


ENVIRONMENTAL:

NML submitted an Environmental Impact Statement (EIS) for Area 3 to the Government of Newfoundland and Labrador (GNL) at the end of 2009. Based on NML's knowledge of the GNL's procedures, an approval is expected by May, 2010. The deposits in Area 4 are located both in Quebec and Labrador and therefore project notices have been submitted to the respective Governments. These deposits will be mined starting in 2012 in order to blend with the ores from Area 3. Preparation of the GNL and Quebec EIS for Area 4 is in progress and is expected to be submitted to the Governments in April, 2010.


FIRST NATIONS:

Four First Nations will be affected by the project. Two of the four First Nations, namely Naskapi Nation of Kawawachikamach (NNK) and Nation Innu Matimekush-Lac John (NIMLJ) live in the immediate area of the mines. NML has provided employment to both First Nations during summer drilling seasons since 2005 and has maintained a close relationship with their communities. NML has held meetings with members of the communities and Band Councils to explain the long term benefits of the project. All Nations have been provided with details of the financial and other benefits offered by NML. Negotiations to conclude Impacts and Benefits Agreements (IBAs) have been initiated with all of the affected Nations, including the Sept-Iles Innu (Innu Takuaikan Uashat Mak Mani-Utenam) and the Innu Nation (Labrador).


Market Projections

NML has engaged market specialists and reviewed independent market studies and long term price forecasts by recognized iron ore market experts. It also monitors, on a regular basis, iron ore consumption, market trends, and pricing for iron ore products.

During the global financial crisis that started in 2008, iron ore demand weakened as steelmakers in the developed world reduced their production by 50%. Iron ore benchmark prices fell by 33%, the first decrease since 2004 when prices rose 350% in 2008. However, due to the stimulus package introduced by the Government of the People's Republic of China in 2009, spending on infrastructure and construction rose markedly and increased the demand for iron ore. With international iron ore prices at a low level, Chinese steelmakers started to buy higher quality imported ores, which drove the spot market price to a higher level. From its peak of $200.00 per tonne (CIF basis) in March 2008, the price fell to below $70.00 per tonne (CIF) in November, 2008. By the end of 2009, the spot price had reached $130-135 (CIF) per tonne. In 2009, Chinese steel production was 13.8% higher than in 2008 and iron ore imports were 628 million tonnes, 41.5% higher than in 2008. This has led Analysts to predict a 20%-50% increase in the benchmark price in 2010, with prices projected to go up again in 2011.

NML expects that, driven by China and India, the trend towards growth of demand and higher long term prices by historical standards will continue for the foreseeable future. Despite a worldwide slump in the demand for steel products, the markets have recovered and are expected to grow in 2010 and 2011. If NML's strategic partner Tata Steel, exercises its option to participate in the DSO Project, it will be required to purchase, at the prevailing world price, 100% of the Project's products meeting certain quality specifications during the life of mine.


Financial Analysis, Revenues and Sensitivity Analysis of the Study:

The revenue assumptions are based on prices of US$ 64.50 (US$ 1.00 per dry metric tonne unit (DMTU)) per tonne of sinter fines and US$ 62.00 (US$ 0.96 per DMTU) per tonne of super fines. The assumed prices are based on the projections of longer term prices by several Analysts and NML's Marketing Consultant. The cash operating cost is estimated at US$30 per tonne of product on board ship at Sept-Iles. The Net present value ("NPV") discounted at 8% for the project is US$ 418 million (before corporate taxes and mining taxes). The project economics presented are based on an estimated 10 year mine plan which includes mining only the current proven and probable reserves (NI 43-101 compliant).

The sensitivity analysis with respect to sales revenue, capital costs and operating costs is illustrated below (see Table 2 and Figure 1).


Sensitivity of IRR
----------------------------------------------------------------------------
Increase
Sales in fixed Operating
Variation revenue assets costs
----------------------------------------------------------------------------
-20.00% 15.08% 36.55% 35.12%
----------------------------------------------------------------------------
-16.00% 18.13% 34.84% 33.94%
----------------------------------------------------------------------------
-12.00% 21.04% 33.25% 32.74%
----------------------------------------------------------------------------
-8.00% 23.81% 31.77% 31.53%
----------------------------------------------------------------------------
-4.00% 26.49% 30.38% 30.31%
----------------------------------------------------------------------------
0.00% 29.07% 29.07% 29.07%
----------------------------------------------------------------------------
4.00% 31.58% 27.84% 27.82%
----------------------------------------------------------------------------
8.00% 34.01% 26.68% 26.55%
----------------------------------------------------------------------------
12.00% 36.39% 25.58% 25.26%
----------------------------------------------------------------------------
16.00% 38.71% 24.54% 23.95%
----------------------------------------------------------------------------
20.00% 40.97% 23.55% 22.62%
----------------------------------------------------------------------------


To view Figure 1 - Sensitivity of IRR, please click on the following link: http://media3.marketwire.com/docs/225nml1.pdf


Updated Technical Report

An updated NI 43-101 Technical Report is required to be posted on www.sedar.com within 45 days of the date of this news release. This will include a summary of the results from the DSO Feasibility Study. NML's Qualified Persons are experienced mining and metallurgical engineering professionals in the field of exploration and mining evaluations and Mineral Resource/Reserve estimates, with particular expertise in iron ore. NML is supported by others with expertise critical to some aspects of the Project. The forthcoming NI 43-101 report is prepared under the direction of Dean Journeaux, Eng, Chief Operating Officer, Jean Charles Bourassa, Eng., Vice President-Mining, Moulaye Melainine Eng., Vice President-Development, and Rock Gagnon, Eng., Senior Metallurgist. Messrs Journeaux, Bourassa, Melainine, and Gagnon are all Qualified Persons as defined by NI 43-101. Other contributions to the Study related to the design of the Pointe Noire terminal facilities is by GENIVAR, an engineering corporation located in Sept- Iles, Quebec, under the direction of Denis Blouin, Eng., an Independent Qualified Person as defined by NI 43-101. Robert de l'Etoile, Eng., of Geostat, an Independent Qualified Person as defined by NI 43-101, was responsible for the mineral resource estimates.

Dean Journeaux, Eng., Jean-Charles Bourassa, Eng. and Moulaye Melainine, Eng., are the Qualified Persons as defined in NI 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of NML.


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, the world's eighth largest steel corporation, owns 19.9% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has an exclusive option to participate in the DSO Project, a commitment to take the resulting production if the option is exercised, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5, 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 63.5 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8% Fe, 4.6 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.9% Fe, 7.15 million tonnes of Inferred Resources at an average grade of 55.9% Fe and approximately 40.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009, news release 09-05, March 4, 2009 and news release 09-16, December 9, 2009). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Popeye82]

New Millennium Announces Letter of Intent for Proposed Private Placement - May 17, 2010
www.marketwire.com/press-release/New-Millennium-Announces-Le…

"New Millennium Capital Corp. ("NML" or the "Corporation") (TSX VENTURE:NML) announced today that it has entered into a letter of intent with Tata Steel Global Mineral Holdings Pte Ltd. ("Tata") pursuant to which Tata has indicated its intention to consider a subscription for 14,285,714 common shares of the Corporation at a subscription price of $1.40 per common share for an aggregate subscription price of $20,000,000.

The subscription price represents a 23% premium to the closing price of the common shares on the TSX Venture Exchange ("TSXV") on May 14, 2010 and a 19% premium to the volume weighted average trading price of the common shares on the TSXV from May 3, 2010 to May 14, 2010.

Tata currently holds 26,143,556 common shares and if the offering is completed, Tata would hold an aggregate of 40,429,270 common shares, representing 27.4% of the outstanding common shares of the Corporation.

The issuance of the common shares to Tata, expected to be completed on or before May 31, 2010, is subject to: (a) the parties entering into a definitive subscription agreement; (b) the approval of the TSXV; and (c) the Corporation's shareholders rights plan not being operative in respect of the proposed private placement. The common shares issued in connection with the private placement will be subject to a four month hold period. The net proceeds of the offering will be used to finalize outstanding DSO agreements and environmental work; initiate gravity and magnetic airborne geophysical surveys; commence taconite project feasibility and for general corporate and working capital purposes.

The Corporation has determined that there are exemptions available from the various requirements of TSXV Policy 5.9 and Multilateral Instrument 61-101 for the issuance of these shares, (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than 25% of Market Capitalization).


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds amongst the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO Project. Tata Steel, the world's eighth largest steel corporation, owns 19.65% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has an exclusive option to participate in the DSO Project, a commitment to take the resulting production if the option is exercised, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5, 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8% Fe, 4.6 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.9% Fe, 7.15 million tonnes of Inferred Resources at an average grade of 55.9% Fe and approximately 40.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009, news release 09-05, March 4, 2009 and news release 09-16, December 9, 2009). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Popeye82]

New Millennium Closes $20,000,000 Private Placement with Tata Steel Global Minerals Holdings Pte Ltd. - Jun 04, 2010
www.marketwire.com/press-release/New-Millennium-Closes-20000…

[Popeye82]

New Millennium Concludes an Impact and Benefit Agreement Related to Its DSO Project With the Naskapi Nation of Kawawachikamach - Jun 10, 2010
www.marketwire.com/press-release/New-Millennium-Concludes-Im…

[Popeye82]

New Millennium Announces an Award by the Canada Transport Agency Regarding Rail Tariff on the QNS&L Railway - Jun 21, 2010
www.marketwire.com/press-release/New-Millennium-Announces-Aw…

[Popeye82]

New Millennium Capital Corp. Acquires Additional Land Claim to Consolidate Its DSO Goodwood Property and Increases DSO Project Resource Estimate - Jul 08, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

[Popeye82]

Tata Steel Extends Exclusive Canadian Mining Deal - MT - 16 July 2010
www.mining-technology.com/news/news90663.html?WT.mc_id=DN_Ne…

"Tata Steel has extended its exclusive option to undertake Canadian iron ore projects through its Canadian partner New Millenium Capital Corporation (NMCC) to 31 December.

NMCC plans to tap iron ore in Newfoundland and Labrador and Quebec, which are estimated to have 5.6 billion tons of iron ore reserves, according business-standard.com.

Tata Steel plans to increase raw material security by buffering its European operations against market volatility through iron ore supply from Canada.

Tata currently holds a 27.4% stake in NMCC and an 80% share of the company's Direct Shipping Ore project. "

[Popeye82]

New Millennium Capital Corp. Signs Agreement With Quebec Innu to Eliminate Blockade and Restart IBA Negotiations - Sep 03, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today that it has reached an agreement with the Innu Matimekush-Lake-John First Nation for the immediate removal of the barricades that were blocking access to NML's property and for the formal recommencement of negotiations of a detailed Impact and Benefit Agreement ("IBA") for the Direct Shipping Ore Project in the Schefferville area.

After the agreement was negotiated by NML, together with Labrador Iron Mines Holdings Limited ("LIM") and the Band Council, it was presented to and approved by the members of the community during a public meeting. The joint NML-LIM agreement is comprised of contributions towards education, health, youth programs, traditional activities and the improvement of a community facility. It also provides free passage to NML's employees and permits the continuation of key environmental studies, hydrological studies and airborne gravity and magnetic surveys which were suspended following the installation of the blockade in early June.

This agreement was reached following the recent helpful involvement of the governments of Canada, Newfoundland and Labrador, and Quebec and their respective commitments to settle certain issues concerning the land claims of the Innu.

Robert Martin, President and CEO of NML, said, "This agreement marks a key turning point in the development of the DSO project. It is obvious that all parties, governments, First Nations and mining companies are willing to work together to establish the trust and respect that is so necessary to achieve excellence. I am very encouraged by what has occurred during the past few weeks and look forward to good long-term relations with all the concerned parties."


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds amongst the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO Project. Tata Steel, the world's eighth largest steel corporation, now owns 27.4% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata Steel has an exclusive option to participate in the DSO Project, a commitment to take the resulting production if the option is exercised, and an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5, 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Mandala64]

Antwort auf Beitrag Nr.: 39.836.551 von Popeye82 am 17.07.10 13:44:30

New Millennium Capital auf der Tata Steel homepage:


Tata Steel Projects and Operations: Canada

Iron ore project

Location : Northern Quebec, Labrador and Newfoundland provinces.

Project highlights:

* Tata Steel, through its subsidiaries, signed a Heads of Agreement memorandum with New Millennium Capital Corporation, Canada.
* The aim was to develop iron ore projects in the region.
* Tata Steel holds a 19.9% stake in NML with an option to acquire an 80% equity interest in NML’s Direct Shipping Ore project.
* The agreement also provides exclusivity to Tata Steel in the Labmag taconite iron ore property.
* Tata Steel will have 100% offtake rights to the produce of the mine at the time of production commencement.
* The iron ore from this project will serve Tata Steel’s European facilities.



Capacity: The DSO resource is estimated to be approximately 100 million tonnes. The LabMag deposit consists of 3.5 billion tonnes of proven and potential mineral reserves. These reserves are contained in the 4.6 billion tonnes of measured and indicated resources and 1.2 billion tonnes of inferred resources.



Project Update: Tata Steel, along with NML is trying to work out an economically viable solution to advance the project. The feasibility study for the DSO project is progressing and production is expected to commence in 2011.
http://www.tatasteel.com/corporate/operations/international-…

[Frieder2901]

heute die erwartete Nachricht, ein weiterer Meilenstein zur Realisierung von DSO:

"9/14/2010 9:10:28 AM - NFD

CALGARY, ALBERTA, Sep 14, 2010 (Marketwire via COMTEX News Network) --
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today that Tata Steel has made a positive investment decision by exercising its option to acquire an 80% interest in the Corporation's Schefferville Direct Shipping Ore ("DSO") Project.

As part of the Joint Venture ("JV") agreement, Tata Steel will reimburse NML for 80% of NML's cost to date on the DSO Project; arrange funding for up to CDN $300 million of capital costs for the Project to earn its 80% share of the JV and commit to take 100% of the DSO project's iron ore products of specified quality, at world market prices, for the life of the mining operation. It is expected that the JV will produce 4 million dry tonnes per year of iron ore products commencing in 2012.

Robert Martin, President and CEO of NML, stated "We are delighted that Tata Steel has made a positive investment decision to advance the DSO Project to production. This is the most important event for New Millennium and its shareholders in the history of the company. It will also result in a significant increase in the company's cash position, provide capital to build the requisite infrastructure and ensure a sales outlet for all of the mines' output. Now that we have set a course for DSO production, we can look forward to working with Tata Steel on the much larger Taconite Project."

Mr. H.M. Nerurkar, Managing Director of Tata Steel, said "We are pleased to take the investment decision to develop the DSO Project. The project's location, infrastructure and ore quality ensure reliable and consistent source of supply for Tata Steel. This agreement with New Millennium is a clear demonstration of our strategy and we continue to analyse opportunities to increase the percentage of raw material security. We are hopeful that along with our partner, we would be able to move forward on various aspects of the project including training activities, and commence construction with a view to commissioning the Project in 2012."

About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.4% of New Millennium and is the Corporation's largest shareholder and strategic partner. Tata has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production, and has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com.

SOURCE: New Millennium Capital Corp.

New Millennium Capital Corp. Robert Martin President & CEO [phone] [e-mail] New Millennium Capital Corp. Andreas Curkovic Investor Relations [phone] www.nmlresources.com

Copyright (C) 2010 Marketwire. All rights reserved."

[Mandala64]

20.09.2010 14:15
Rodman & Renshaw, LLC Acts As Financial Adviser to New Millennium Capital Corp.
Rodman&Renshaw, LLC, a wholly owned subsidiary of Rodman&Renshaw Capital Group, Inc. (NASDAQ: RODM), a leading full service investment bank for growth companies, today announced that its Metals& Mining Group acted as financial advisor to New Millennium Capital Corp. ("NML") in connection with the recently completed option exercise by Tata Steel relating to NML's Schefferville Direct Shipping Ore project ("DSO Project").

As part of the Joint Venture ("JV") agreement, Tata Steel will arrange funding for up to CDN $300 million of capital costs for the DSO Project to earn its 80% share of the JV and commit to take 100% of the DSO Project's iron ore products of specified quality, at world market prices, for the life of the mining operation. It is expected that the JV will produce 4 million dry tonnes per year of iron ore products commencing in 2012.

NML controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, Canada, which holds the world's largest undeveloped magnetic iron ore deposits. Tata Steel, one of the top 10 steel producers in the world, owns 27.4% of NML and is the company's largest shareholder and strategic partner.

Edward Rubin, Rodman&Renshaw's CEO and President said, "This significant transaction marks the second advisory assignment in the metals and mining space that we completed this quarter. We are very pleased that our Metals&Mining Group assisted New Millennium in connection with the DSO Project."
http://www.finanznachrichten.de/nachrichten-2010-09/18005958…

[Popeye82]

New Millennium Capital Corp. Announces Appointment of Tata Steel's Managing Director to the Board - Oct 13, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

[Frieder2901]

New Millennium Capital Corp. Announces Establishment of Joint Venture Company With Tata Steel to Advance the DSO Project
10/26/2010 7:00:02 AM - NFD

CALGARY, ALBERTA, Oct 26, 2010 (Marketwire via COMTEX News Network) --
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Capital Corp. ("NML" or "the Company") (TSX VENTURE:NML) announced today that in accordance with the terms of the Joint Venture Agreement (JVA) signed on November 6, 2009 (NR 09-14) with Tata Steel's wholly owned subsidiary Tata Steel Global Minerals Holdings Pte Ltd (Tata Steel), the Joint Venture Company (JVC) has been incorporated.

The JVC, named Tata Steel Minerals Canada Ltd, will acquire all of the DSO mining claims and related assets, carry out detailed engineering and construction of facilities and will be responsible for the operations of the DSO Project. At closing, Tata Steel will own 80% of the JVC and NML the remaining 20%. NML will also be reimbursed for 80% of the DSO Project costs incurred to closing.

Robert Martin, NML CEO and President, said "With the formation of Tata Steel Minerals Canada Ltd., New Millennium has taken another important step towards achieving its goal of becoming an iron ore producer. This joint venture demonstrates New Millennium's ability to successfully commercialize our mineral assets. ."

In accordance with the JVA, Tata Steel has appointed four Directors to the JVC Board:

Mr. Partha Sengupta : Vice President, Raw Materials, Tata Steel, and a Director of NML.

Mr. Rajesh Sharma: Executive In Charge, Southern Africa, Tata Steel.

Mr. Dinesh Shastri : General Manager, Global Mineral Resources, Tata Steel.

Mr.Sandip Biswas : Group Head Corporate Finance and Treasury, Tata Steel.

NML has appointed one Director, being Mr. Roy Hudson, currently Secretary and a Director of NML.

About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.4% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production, and has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Company's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.tatasteeleurope.com.

[Popeye82]

Tata Steel Joint Venture to Start Iron Ore Mining in Canada; India-based Tata Steel has formed a joint venture with Canada's New Millennium Capital Corporation to carry out iron ore mining operations in Canada - MT - Nov 1, 2010
www.mining-technology.com/news/news100404.html?WT.mc_id=DN_N…

[MFC500]

vorbehaltlich eines Einbruchs der Eisenerzpreise bietet NML nun ein äußerst attraktives Chancen-Risiko-Verhältnis:

- rund $26 Mio Cash zum 30.06.
- dazu rund $14 Mio infolge der Kostenerstattung durch Tata (80% von $17,7 Mio)
- operativer Gewinnanteil iHv aktuell rund 60-70 Mio aus 1 Mio t IO ab 2012
- aktuelle Marktkapitalisierung rund $184 Mio
- obendrauf gibt´s noch das Taconite Project

[MFC500]

Q3-Bericht:
http://www.sedar.com/CheckCode.do;jsessionid=0000mWwoLfKaCzF…
http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=…

[Frickhasserin]

kurz vor Explosion. na da explodier ich doch mit

[Popeye82]

Antwort auf Beitrag Nr.: 40.626.262 von Frickhasserin am 01.12.10 18:51:49

Ist klar. Darfst wieder zurückgehen, zu Deinen Explokrepierern.

Gruß
P.

[Frieder2901]

Habe gestern nochmal nachgelegt. Von einer Korrektur scheint ja erstmal nichts zu sehen zu sein. Im Gegenteil, das Interesse bleibt. Und Tata wird sich ja irgendwann im Dezember äußern müssen.

Wenn ich das richtig verstanden habe, hat Tata sozusagen einen Vorrang, was die Verhandlungen angeht. Aber vielleicht gibts ja schon andere Interessenten, die hier rein wollen?

[Frieder2901]

Bin ja doch gespannt, ob es einen Grund für das anhaltende Kaufinteresse gibt. Ich wills nicht beschreien, aber es gibt immer welche, die mehr wissen als andere und wenn die so groß einkaufen, wer weiß ob nicht irgendwann eine Bombe platzt.

[Frieder2901]

Ich stell diesen Bericht mal rein. Hab ihn bei UCU gefunden. Interessant der Ausblick für Stahl.

http://www.virtualmetals.co.uk/pdf/ABNMM1012.pdf

[Frickhasserin]

wer oder was versaut uns heute die Silvervesterparty

-20%

[Frickhasserin]

sehe gerade das Tagestief 1,31 CAD war

[Mandala64]

Antwort auf Beitrag Nr.: 40.783.947 von Frickhasserin am 31.12.10 18:09:04

Schlusskurs in Toronto heute vielleicht 2,45 CAD oder doch 0,95 ???

[Mandala64]

aus stockhouse:

NEW MILLENNIUM ANNOUNCES DISCUSSIONS WITH TATA STEEL REGARDING AN EXTENSION OF TATA STEEL'S EXCLUSIVITY PERIOD

As a result of recent market activity, New Millennium Capital Corp. has, in conjunction with its financial advisers, Jennings Capital and CITIC Securities, been in discussions with Tata Steel regarding an extension of Tata Steel's exclusivity period, which expires today, to enter into a binding agreement with respect to development of NML's taconite projects. A further announcement will be made if and when an extension agreement is executed by the parties in that regard.
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[simmering]

!

Dieser Beitrag wurde moderiert.

[Mandala64]

@simmering: bin übrigens selbst in NML investiert, mein Kommentar von gestern ist deswegen nicht als Schadenfreude sondern eher als Erstaunen über den bemerkenswerten Kursverlauf zu verstehen. Ausdrücke, wie der von dir benutzte, sind aber in Foren generell fehl am Platze.

noch mal ein Beitrag aus Stockhouse:

onceaminer 12/31/2010 8:48:00 PM: "I've always been a strong supporter of Robert Martin and team.... today's price action and news release shows that NML management have balls and the game is finally up for Tata Steal.. and I do mean steal..no more giveaways.. no more useless extensions.. it is time to move on ..NML has been tied up for long enough.. let's take our lumps and go with the market.. Tata isn't strong enough to develop the Kemag and Labmag deposits.. they know it and we know it... the DSO deal signed gives Tata the ore it needs and can afford for it's limping Corus operations for many years to come .. and also provides NML with the chance to develop its larger ore bodies without need for additional equity dilution.. but there are larger and stronger acquisition companies out there .. why should the shareholders of NML wait until Tata recovers from it's misadventures ( a slump in Nano sales/Overpriced Corus acquisition).. time to break the shackles and let's get on with it. NML originally identified China as the main client for its ore ... and it still is. And for those investors who have no stomach for strong leadership.. get out and get a good night's sleep."
http://www.stockhouse.com/Bullboards/MessageDetailThread.asp…

[Frieder2901]

Skurille action gestern. Dass eine Kurskorrektur überfällig war, war vermutlich allen klar. Viel Geld wurde in den letzten Wochen nicht nur bei NML rein gepumpt. Ich bin mit dem Kursverlauf bislang zufrieden. In kurzer Zeit fast verdoppelt.

Die Frage wird sein, was will Tata. Ich glaube nicht, dass die dieses Riesendeposit stemmen können und wollen. Die haben mit dem DSO ihren NAchschub gesichert. Verlängerung der Exklusivität heißt erstmal, dass andere draußen bleiben und keine Chance für offizielle Angebote haben. Das heißt nicht, dass sie nicht wollen. Ich seh das so, dass Tata und die NML Manager zusammen entscheiden, wies weiter geht. NML hat sich doch recht eng an Tata gebunden. Tata sitzt im board und hat 30% Anteile an NML, wenn ich das richtig in Erinnerung habe. Die Stahlnachfrage wird weiter steigen, das Interesse an Monsterdeposits gleichfalls. Es wird nur eine Frage der Zeit sein, wann sich die Eigentumsverhältnisse an NML ändern und wer dafür wieviel hinlegen muß. Ich hoffe ja mal, mindestens das doppelte vom jetzigen SP aus gesehen.

In diesem Sinne allen Investierten ein erfolgreiches Jahr 2011.

[Popeye82]

New Millennium Capital Corp. Engages CITIC Securities Jennings Capital as Joint Financial Advisors - Dec 07, 2010
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"New Millennium Capital Corp. ("NML" or "the Company") (TSX VENTURE:NML) announced today the engagement of CITIC Securities Company Limited ("CITIC Securities") and Jennings Capital Inc. ("Jennings Capital") as its joint financial advisors with respect to the commercial development of its LabMag and KéMag properties, which hold the world's largest undeveloped magnetic iron ore deposits.


Robert Martin, NML CEO and President, said, "We are delighted to enter this relationship with CITIC Securities and Jennings Capital. CITIC Securities is the largest investment bank in China and Jennings Capital is a leading Canadian resource focused investment bank. With CITIC Securities' and Jennings Capital's resources and experience, we look forward to determining the optimal strategy to advance the development of these projects in the best interests of all our shareholders."


About CITIC Securities

CITIC Securities Company Limited is a leading full service investment bank in China. CITIC Securities has top rankings in the Chinese capital markets across its principal business areas of securities brokerage, investment banking and asset management. CITIC Securities is the investment banking arm of CITIC Group, one of the largest conglomerates in China. Listed on the Shanghai Stock Exchange, CITIC Securities is one of the SSE 50 constituent stocks, as well as one of the top five constituent stocks in FTSE/Xinhua A50 China Index.

For more information about CITIC Securities, please visit its website at www.cs.ecitic.com/en/index.htm


About Jennings Capital

Jennings Capital Inc. is a full service independent investment dealer with offices in Toronto, Calgary, and Halifax. The company focuses on high growth companies primarily in the resource sectors and related industries. During its 17 year history, Jennings Capital has completed over $4 billion worth of transactions.

For more information about Jennings Capital, please visit its website at www.jenningscapital.com


About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.4% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production, and has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Company's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.tatasteeleurope.com. "

[Popeye82]

New Millennium Announces Discussions With Tata Steel Regarding an Extension of Tata Steel's Exclusivity Period - Dec 31, 2010
www.marketwire.com/press-release/New-Millennium-Announces-Di…

"As a result of recent market activity, New Millennium Capital Corp. ("NML" or the "Company") (TSX VENTURE:NML) today announced that it has, in conjunction with its financial advisors, Jennings Capital and CITIC Securities, been in discussions with Tata Steel regarding an extension of Tata Steel's exclusivity period, which expires today, to enter into a binding agreement with respect to development of NML's taconite projects. A further announcement will be made if and when an extension agreement is executed by the parties in that regard.


About New Millennium

New Millennium controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.3% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata Steel has exercised its exclusive option to participate in the DSO Project and has a commitment to purchase at world prices the resulting production (see news release 10-16, September 14, 2010). Tata Steel also has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

The Corporation's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries.

For further information, please visit www.nmlresources.com, www.tatasteel.com and www.corusgroup.com. "

[Popeye82]

Antwort auf Beitrag Nr.: 40.786.218 von Popeye82 am 02.01.11 13:05:18

New Millennium Capital Corp. Announces Agreement to Extend Taconite Project Exclusivity With Tata Until February 28, 2011 - Jan 04, 2011
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) is pleased to announce that the Company and Tata Steel have negotiated an extension to Tata Steel's exclusivity regarding the LabMag and KeMag projects. NML and Tata Steel have mutually agreed to extend the period from December 31, 2010 to February 28, 2011. To facilitate the extension, Tata Steel has committed to pay NML a facilitation fee of $600,000.


Tata Steel and NML shall continue to work toward negotiating a binding agreement, for the development and operation of the LabMag and KeMag projects.

Robert Martin, President and CEO of NML, stated "Based on positive negotiations and discussions between NML and Tata Steel, we have extended the exclusivity period. We are pleased that Tata Steel has shown its desire to negotiate a binding agreement by committing to a facilitation fee. Negotiations continue with the intent of finalizing a successful agreement by February 28, 2011."

Mr. H.M. Nerurkar, Managing Director of Tata Steel, said "Tata Steel is happy to affirm its commitment to negotiate a binding agreement with NML for further studies and development of the Taconite deposits. Tata Steel intends to finalise the understanding with NML and secure approvals of the Tata Steel Board by February 28, 2011."


About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.4% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production, and has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008 and news release 09-11, June 30, 2009). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Company's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.tatasteeleurope.com. "

[Frieder2901]

"NEW MILLENNIUM CAPITAL CORP. ANNOUNCES AGREEMENT TO EXTEND TACONITE PROJECT EXCLUSIVITY WITH TATA UNTIL FEBRUARY 28, 2011

New Millennium Capital Corp. and Tata Steel have negotiated an extension to Tata Steel's exclusivity regarding the LabMag and KeMag projects. NML and Tata Steel have mutually agreed to extend the period from Dec. 31, 2010, to Feb. 28, 2011. To facilitate the extension, Tata Steel has committed to pay NML a facilitation fee of $600,000.

Tata Steel and NML shall continue to work toward negotiating a binding agreement, for the development and operation of the LabMag and KeMag projects.

Robert Martin, president and chief executive officer of NML, stated: "Based on positive negotiations and discussions between NML and Tata Steel, we have extended the exclusivity period. We are pleased that Tata Steel has shown its desire to negotiate a binding agreement by committing to a facilitation fee. Negotiations continue with the intent of finalizing a successful agreement by Feb. 28, 2011."

Wenn ich mir den Zeitrahmen anschaue und die letzten news, ergibt sich für mich als wahrscheinliches Szenario, dass bereits ein potentieller chinesischer Investor bereit steht, deshalb das Engagement von Jennings und dass, um einen Bieterkampf zu vermeiden, die Vereinbarung mit Tata verlängert wurde. Und die Frist von 2 Monaten könnte bedeuten, dass wir bald mit Neuigkeiten überrascht werden.

[Mandala64]

Antwort auf Beitrag Nr.: 40.797.385 von Frieder2901 am 04.01.11 16:43:35

"In the event that Tata chooses not to exercise its option, we expect other steelmakers to have interest in these large-scale projects," Raymond James analyst Tom Meyer, who has an "outperform" rating on the Canadian junior miner's stock, said.

"We expect the project to start commercial production in mid-2012," Meyer said.
http://www.reuters.com/article/idUSSGE7030AK20110104

[Frieder2901]

Die Mine rückt näher

"New Millennium Capital Corp. Announces Environmental Approval and Project Release by the Government of Newfoundland and Labrador for the DSO Project
CALGARY, ALBERTA--(Marketwire - Jan. 5, 2011) -
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
New Millennium Capital Corp. ("NML" or "the Company") (TSX VENTURE:NML) announced today that it has received project release, subject to a number of customary terms and conditions, from the Government of Newfoundland and Labrador ("GNL") following the approval of the Company's Environmental Impact Statement ("EIS") for Phase 1 of the Direct Shipping Ore ("DSO") Project. The release will allow completion of the permitting process required to start construction this summer and the expected commencement of iron ore production by the second quarter of 2012. Phase 1 of mining operations includes the Timmins 3N, Timmins 4, Timmins 7 and Fleming 7N deposits in Newfoundland and Labrador.
The Canadian Environmental Assessment Agency has also completed its review of the Project. The work done by the various Federal Agencies has confirmed that there are no triggers for a federal level environmental assessment. It has therefore been determined that a federal level Canadian Environmental Assessment is not required.
NML submitted, in September 2010, an EIS to the Government of Quebec for Phase 2 of the DSO Project. This review process is also well advanced with approval expected in the fourth quarter of 2011. Phase 2 of mining operations includes the Goodwood, Sunny 1, Kivivic 3 S and Leroy 1 deposits in Quebec.
Robert Martin, NML's Chief Executive Officer and President, said, "We are pleased that NML has achieved this significant step towards reaching its goal to become an iron ore producer in 2012. The DSO project will generate important social benefits for the Province of Newfoundland and Labrador, especially Labrador West, and for such Aboriginal corporations as the Tshiuetin Rail Transportation Inc. and Air Inuit. It will also provide significant benefits for the Province of Quebec and the affected aboriginal communities in both provinces. We look forward to working with Tata Steels Minerals Canada Ltd ("TSMC"), the joint venture company responsible for the operation of the mine, to expedite the permitting work in order to start construction this summer.
Partha Sengupta, Chairman TSMC, stated" Tata Steel is very pleased that Phase 1 of the DSO Project has been released from further environmental assessment as this is expected to ensure a high quality captive source of raw material for the Company."

[Frieder2901]

Die Lunte brennt?

[Frickhasserin]

Zitat von Frieder2901: Die Lunte brennt?

brutal geil


im Nachhinein war der fast 50% Intraday Kollaps reine Verarsche

[Frieder2901]

Antwort auf Beitrag Nr.: 40.812.131 von Frickhasserin am 06.01.11 15:59:22

Langsam stellen sich die Fragen der Bewertung. Leider liest man auch im BB nichts darüber. Vergleichbar BIM, die mit 650Mio Übernahme bewertet wurden bei einer etwas größeren Resource als DSO. Wahrscheinlich ist NML geradezu grandios unterbewertet. Aber das muß sich erst im Kurs umsetzen. Am Ende liegt der Poster joejoe aus dem BB mit seinen damaligen Kurszielen von 35§ o.ä. gar nicht so verkehrt, wenn es denn jemanden gibt, der das bezahlt. Aber träumen darf man erstmal von einer MK von 1 Mrd. Bis dahin ist ja auch noch etwas Luft und es kann ja auch noch etwas Zeit vergehen, solange die Rahmendaten passen. Und das tun sie ja, die Preise für Eisenerz klettern weiter, die NAchfrage nach großen Deposits auch und der Inbetriebnahmeprozess für die Mine verläuft auch planmäßig.

Es wird ja nicht lange dauern und aus dem DSO wird erstmal reichlich cash in die Kasse gespült. Wenn ich das JV mit Tata richtig verstanden habe, dann garantiert Tata die Abnahme zu Marktpreisen, zahlbar an das JV, in dem NML zu 20% beteiligt ist. Evtl. sind noch Investitionskosten fällig, falls die 300 Mio von Tata nicht ausreichen. Aber bei den geschätzten 30-40 Mio Tonnen Erz wird da schon ein schönes Sümmchen für NML rausspringen. Im Nachhinein muß man die Strategie von Tata bewundern. 80% der Erlöse aus dem Erzverkauf DSO fließt wieder in die eigene Tasche. Hinzu im Moment von den verbleibenden 20% wiederum fast ein Drittel über die Beteiligung an NML (natürlich abzüglich aller anfallenden Kosten).

[Frieder2901]

T.CLM wird für ca. 4,9 Milliarden übernommen.

"
Cliffs Natural Resources Inc. Announces Definitive Agreement to Acquire Consolidated Thompson Iron Mines Limited for C$4.9 Billion, or C$17.25 in Cash Per Share
1/11/2011 4:41 PM - Canada NewsWire

CLEVELAND, Jan. 11, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
<< - Acquisition to Diversify Cliffs' Customer Base with Expanded Seaborne Presence - Positions Cliffs as a Top Ten Global Iron Ore Producer - Consolidated Thompson's Largest Shareholder Agrees to Support the Acquisition >>

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF), an international mining and natural resources company, today announced that it has entered into a definitive arrangement agreement with Consolidated Thompson Iron Mines Limited (TSX: CLM) to acquire all of Consolidated Thompson's common shares in an all-cash transaction valued at approximately $4.9 billion Canadian dollars (including net debt), or C$17.25 per share, which represents an implied premium of 30% to Consolidated Thompson's closing share price as of Jan. 10, 2011. Cliffs has committed financing and available liquidity sufficient to fund the purchase price. Cliffs expects to arrange for permanent financing by accessing the capital markets, which may include long-term debt and equity..."

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

Ich würde mich wundern, wenn das keine Auswirkungen auf NML hat.

[Frickhasserin]

Antwort auf Beitrag Nr.: 40.845.838 von Frieder2901 am 12.01.11 11:36:44

NML +20%

[Frieder2901]

Antwort auf Beitrag Nr.: 40.848.053 von Frickhasserin am 12.01.11 15:47:10

Mal sehn, wos heute noch hingeht. Kann auch gut wieder absacken.

Ich fürchte so ein bißchen, dass uns die Zeit fehlt. Wenn ich die MK von NML mit der von CLM vergleiche und bedenke, dass NML auch bald zu den Produzierenden gehört, steckt da m.E. noch enormes Aufholpotential. Das Schlimmste was uns jetzt passieren könnte wäre eine Übernahme nach dem üblichen Schema letzter Kurs +30%. Ideal wäre ein JV mit einem Kapitalkräftigen, der das große Deposit entwickelt. Vielleicht gibts das ja in den nächsten Wochen.

M.E. kann das dann die nächsten Jahre ruhig so weiter gehen, wenn die MK in 2-3 Jahren auch bei 3-4 Milliarden angekommen ist.

[Frieder2901]

Das Angebot für CLM kam ja genau richtig. Bis Ende Februar sollten auch bei NML Weichenstellungen erfolgen.

Ich denke, dass auch kurzfristig keine größeren Rücksetzer erfolgen. Aus dem Verkauf der CLM Aktien wird bereits ein Teil der frei gewordenen cash Positionen in NML geflossen sein (zumindest von den Retails) und ich könnte mir vorstellen, dass dies noch andauern wird.

Auf jeden Fall ist es super, dass NML an einem Tag auch ohne Angebot direkt 25% gewinnt.

[Frickhasserin]

Antwort auf Beitrag Nr.: 40.854.341 von Frieder2901 am 13.01.11 12:18:25

Der Kurs sprintet ganz schön schnell Richtung 5 Euro

[Frieder2901]

Antwort auf Beitrag Nr.: 40.882.488 von Frickhasserin am 18.01.11 18:00:38

Ja, wird in den letzten Tagen immer schön hochgezogen am Schluss. D.h. wer auf Rücksetzer hofft muß vorsichtig sein. Ich vermute, dass einige von dem ADI deal umgeschichtet haben. Schönes Volumen bei NML. Hätte nicht gedacht, dass das so schnell geht mit dem Anstieg.

Irgenwie ist NML jetzt der letzte Mohikaner, auf den sich alles konzentrieren kann. Bin gespannt, was die Diskussionen mit Tata ergeben. Vielleicht landen wir ja vor Ende Februar irgendwo zwischen 4 und 5$. Das könnte m.E. im aktuellen Stadium das Ziel ohne die Labmag und Kemag sein. Wenn die Produktion kommt, wird man sicherlich anpassen. Sollte ein Geldgeber für Labmag gefunden werden mit einer vernünftigen Planung, könnte Ende Februar noch einer drauf gelegt werden. Wichtig wäre, dass da wirklich einer kommt und die Taschen aufmacht und dies auch verbindlich erklärt. Dann wäre ein weiterer wichtiger Meilenstein erreicht.

[Mandala64]

19.01.2011 11:25
BRIEF-RESEARCH ALERT-Raymond James raises New Millennium Capital target price


Jan 19 (Reuters) - New Millennium Capital Corp:

Raymond James Raises New Millennium Capital Corp target price to

C$4.75 from C$3; rating outperform

http://www.finanznachrichten.de/nachrichten-2011-01/19116016…

[pintador]

http://seekingalpha.com/instablog/510561-james-duade/129082-…

New Millennium Capital: North America's Emerging Iron Ore Company 3 comments
Jan 16, 2011 6:51 PM | about stocks: CLF, MT, TATLY.PK

[Frieder2901]

Antwort auf Beitrag Nr.: 40.905.086 von pintador am 21.01.11 18:17:45

Super Beitrag. Vielen Dank.

Ich habe mich schon die ganze Zeit gefragt, welche Umsätze NML aus dem DSO Projekt generiert und finde mich in diesem Beitrag bestätigt.

Ich bin am überlegen, ob ich aus anderen Investments umschichte und dieser Beitrag ermuntert mich dazu. Ich werde den 28.2. abwarten und dann entsprechend handeln.

[pintador]

Hallo Frieder,

inzwischen habe ich mich kritisch mit dem Artikel von James Duade auseinander gesetzt. Ich halte die Erwartungen für zu optimistisch:

1. Cash costs 25 CAD/t: Die Pre-Feasability Studies liegen eher bei 30 CAD/t.
2. und gravierender: Earnings sind nicht Umsatzerlöse minus Cash costs, denn erstens fehlen in der Kostenrechnung Abschreibungen und (negatives) Zinsergebnis, zweitens müssen auch in Kanada Unternehmen Steuern zahlen. Zur Bewertung der Aktie darf man m. E. Umsatzerlöse minus Cash costs maximal mit einem Faktor 3 bis 5 multiplizieren, nicht mit 8 bis 14.
3. Sollte man auf so lange Sicht Eisenerzpreise vorsichtig ansetzen, sich also auch mal die Erwartungen z. B. bei 125 USD/t ansehen.
4. Die USD/CAD-Parität kann sich weiter ungünstig entwickeln: Erlöse in USD, Kosten in CAD, das wirkt sich bei weiterer USD-Entwertung ungünstig auf das Ergebnis aus.
5. Ist die Frage, wenn es zu einem Einstieg von Tata Steel bei LabMag und / oder KeMag kommen sollte, zu welchen Konditionen. James Duade geht davon aus, dass 20% des Ergebnisses für New Millennium Capital übrig bleiben, vielleicht lässt Tata Steel ihnen nicht mehr als z. B. 10%.
6. Könnte Tata Steel in Form einer großen Kapitalerhöhung mit Emmission einer großen Anzahl neuer Aktien durch New Millennium Capital seine Anteile an NML kräftig erhöhen (2 Mrd CAD zu 4 CAD/Aktie wären 500 Mio neue Aktien, das würde zu einer riesigen Verwässerung zu Lasten der Alt-Aktionäre führen). Wir wissen nicht, was in Verhandlungen zwischen New Millennium Capital und Tata Steel heraus kommt. Der zukünftige Wert von New Millennium Capital hängt sehr stark davon ab, wie sich NML und Tata Steel zueinander positionieren.

Interessant wäre, was andere von diesen Einwänden halten (Ich bin in NML investiert und bashe nicht).

pintador

[Frieder2901]

Antwort auf Beitrag Nr.: 40.909.419 von pintador am 23.01.11 13:52:35

Hallo pintador,

ich nehme diese Rechnung auch nicht für 1:1. Aber was mich positiv stimmt, sind unverblümte Äußerungen z.B. über die slurry pipeline. Das ist ein Riesending und die Kosten werden in dem Bericht auch mit mehreren Milliarden $ beziffert. Allerdings, wenn diese Anfangsinvestitionen getätigt sind, werden die operativen Kosten sehr niedrig sein. Was mich überrascht hat, war, dass von den 40 Mio t Produktion Corus ca. 30 abnehmen wird. Das hätte ich nicht gedacht. Meine Befürchtungen sind, dass wenn diese Riesendeposits alle mehr oder weniger gleichzeitig in Produktion gehen, dass das Angebot überhängt zu Lasten der Preise. Hier ist die Nachfrage in den kommenden Jahren ja noch völlig offen. Auch die anderen Punkte, von Dir benannt, spielen rein, können aber natürlich z.T. auch in die andere Richtung laufen (Dollarschwäche, Eisenerznachfrage, Geld beschafft sich Tata schon im Heimatland, ob's reicht, weiß man nicht, die Abschreibungen werden bleiben, aber auf Dividendenzahlungen bin ich eh nicht aus). Ich weiß nur, dass mit diesem Projekt eines der letzten großen bekannten Eisenerzvorkommen verteilt wird und die Dynamik ist im Moment da.

Mir geht es auch nicht darum, ob die Kursprognose 35 oder 50 oder 10 ergibt. Wichtig für mich ist, dass der Kurs auf DSO Basis bei ca. 6$ liegt. Das DSO Projekt ist relativ dicht an der Produktion, die Kosten beziffert und die Abnahme im Zeitraum der nächsten Jahre überschaubar ist (nach derzeitiigem Stand ohne Weltwirtschaftskrise).

Kemag/Labmag ist ein neues Kapitel und da werden jetzt die Stellschrauben gedreht. Ich hätte nicht gedacht, dass Tata ernsthaft an diesem Projekt Interesse hat, aber die hausinterne Nachfrage scheint es herzugeben. Im Prinzip hätte auch die Zahlung von 600k$ in allen anderen Fällen keinen Sinn gemacht. Was am Ende rauskommt, wissen wir frühestens Ende Februar. Bis dahin heißt es warten.

Frieder

[Frieder2901]

Mal sehen, ob das gap bei 2,75$ noch geschlossen wird.

[Frieder2901]

Bericht von Bloomberg vom 27.01.2011. Nichts Neues aber gut zu lesen.

http://www.businessweek.com/magazine/content/11_06/b42140206…

An Iron Ore Rush Above the Arctic Circle
With steel demand growing and iron ore fields in Brazil and Australia locked up by mining's Big Three, Canada is the next resource battleground
By Natalie Doss

Baffin Island in Canada's frigid Nunavut territory is about as far off the grid as most people can imagine. Subzero temperatures, ice-blocked sea lanes, and a lack of conventional infrastructure make this spot more than 300 miles above the Arctic Circle among the planet's most inhospitable places to do business. That hasn't stopped international mining companies from fighting over the remote turf. The attraction: huge iron ore deposits underneath a barren landscape—a reminder of just how far global mining companies will go to secure new reserves.

After oil, almost nothing is as central to the operation of a modern economy as steel. Everything from appliances to automobiles to skyscrapers depend on the stuff. That has made iron ore, steel's main component, a hot commodity amid the current global resources boom, especially for fast-growing emerging economies.

The price of iron ore has more than doubled in the past two years amid surging Chinese steel production. Most ore exports come from Brazil and Australia, where the world's three biggest mining companies, Brazil's Vale (VALE) and Australia's Rio Tinto Group (RTP) and BHP Billiton (BHP), dominate. That's left other mining companies, steel producers, and big users such as China to fight over the few remaining big iron fields, including desolate Baffin Island.

Luxembourg-based ArcelorMittal (MT), the world's largest steelmaker, and Nunavut Iron Ore Acquisition, a company backed by Houston-based private equity firm Energy & Minerals Group, on Jan. 14 struck a C$590 million ($593 million) deal to jointly acquire Baffinland Iron Mines, whose Mary River project on the island may become the first iron-ore mine inside the Arctic Circle. The estimated cost of building the project, including an 87-mile railroad and a port that can be reached only by custom-built cargo ships able to navigate frozen seas, is more than $4 billion.

Other companies don't want to be left behind. Cleveland-based Cliffs Natural Resources (CLF) in mid-January agreed to pay C$4.9 billion, including net debt, for Montreal-based Consolidated Thompson Iron Mines to lock up iron ore assets in northern Quebec. And Liu Yikang, chief of the Expert Group for Overseas Resources Projects at China's Ministry of Land and Resources told Bloomberg News in mid-January that a Chinese company was involved in the bidding for Baffinland, though he declined to name it.

"There's nowhere else to go," explains Benjamin J. Cox, the founder of Portland (Ore.)-based research company Oren and chief executive officer of Canadian iron-ore mine developer Roche Bay. "There's no rock left unturned in Australia, and anything that's nice in Africa already is controlled."

Baffinland has so far spent almost $500 million evaluating Mary River. To get ore to the coast, Baffinland CEO Richard D. McCloskey says four rivers must be crossed. The company has resorted to using temporary bridges made from shipping containers welded together so rock samples can be moved by truck. Workers also must contend with temperatures that sometimes dip below -50C (-58F). At such temperatures, "steel starts breaking, fuel starts freezing," McCloskey says.

To guarantee deliveries, Mary River will need ice-breaking, bulk-commodity-carrying ships with three times the normal engine power, says Tim Keane, Arctic operations manager for Montreal-based shipper Fednav. Such vessels have never been built and, according to Keane, may cost up to twice the price of conventional vessels. "Ordinary ships don't have the horsepower required to muscle their way through those conditions," he explains.

Mary River has an estimated 365 million tons of reserves in its first deposit (eight others have been discovered so far), based on ore being transported by rail. Production could surpass 18 million tons a year on that basis. That would cause Canadian ore output, which the U.S. Geological Survey pegged at 27 million tons in 2009, to soar. Even so, it would be dwarfed by Brazil's 380 million tons and Australia's 370 million tons of annual production.

Asian steelmakers are already involved in Canadian iron ore. Tata Steel, India's biggest producer, has a joint venture with Canada's New Millennium Capital to mine in the provinces of Quebec, Newfoundland, and Labrador. China's Wuhan Iron and Steel, the world's fifth-biggest steelmaker, owns 19 percent of Consolidated Thompson and has agreed with Adriana Resources of Vancouver to develop the Lac Otelnuk iron-ore project in Quebec.

"There's a feeling in China that the Big Three have taken advantage of China in the past and that's something they want to avoid in the future," says Adriana CEO Allen J. Palmiere, referring to the dominance of Vale, Rio, and BHP.

ArcelorMittal, meanwhile, is reducing its reliance on third-party suppliers by raising its mining capacity. The company said in September it planned to spend $4 billion to increase output to 100 million tons by 2015.

Even before ArcelorMittal's initial bid in November, Baffinland had already attracted other steelmakers' attention. Germany's ThyssenKrupp and Voestalpine reached accords to buy some future output from the Baffin Island field, and Mitsubishi agreed to buy up to 1 million tons a year to sell in Japan and Taiwan. Notes Gordon A. McCreary, chairman of Toronto-based explorer Asia Now Resources and a former CEO of Baffinland: "Huge things are going on in the North."

The bottom line: The world's appetite for iron ore, used in steelmaking, has sparked interest in mining reserves in Canada's desolate Arctic Circle region.

Doss is a reporter for Bloomberg News.

[Frieder2901]

Tata steel prices soar
Western Mail
Jan 29 2011

TATA Steel has announced major price rises in the wake of increasing raw material costs.

The business, which operates the Margam steelworks in Port Talbot yesterday announced it will increase transaction prices for structural sections in the UK by £95 per tonne from March.

Steel prices around the world are rising fast after global steel demand recovered from lows caused by the financial crisis.

Mick Maloney, Tata Steel’s commercial manager for sections, said: “The recent extreme flooding in Queensland, Australia, has led to spot prices in coal and other raw materials markets, which were already suffering from chronic structural supply side constraints, to rise beyond anticipated levels.

“The steel supply chain has no choice but to take robust action to recover these rapid increases in raw materials costs.”

Analysts said it was a “substantial”, double-figure increase.


http://www.walesonline.co.uk/business-in-wales/business-news…

[Frieder2901]

So eine news sollte eigentlich für mindestens 10% gut sein:

"CALGARY, ALBERTA--(Marketwire - Jan. 31, 2011) -
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
New Millennium Capital Corp. ("NML" or "the Company") (TSX VENTURE:NML) announced today that its Geophysical Consultant Jean Hubert has completed the final interpretation of the Airborne Gravity and Magnetometer survey that was previously reported (see news release 10-19, November 3, 2010). This survey was conducted by Fugro Airborne Surveys Corp. at Schefferville, Quebec between September 14 and November 11, 2010. The survey covered all of NML's taconite and direct shipping ore ("DSO") properties. In total 8,979 line kilometres were flown (refer to the attached Figure 1).
Robert Martin, New Millennium President and CEO, said, "We are pleased with the results of this airborne geophysical survey that have provided us with new drill targets. It is especially welcome that many of these new targets are in close proximity to where we will commence production at our DSO Project. We now have over 50 prospective targets having the potential to expand our DSO resources. This data has been handed over to our joint venture company Tata Steel Minerals Canada Ltd. ("TSMC") for development of a follow-up program this summer. Even more impressively, several taconite targets have been identified that could potentially rival our LabMag and KeMag deposits. Several of these targets are expected to be investigated in 2011."The detailed interpretation indicates the presence of more than 50 strong gravity anomalies associated with low magnetic values. These anomalies are located in a north-westerly trending iron formation from Schefferville to Goodwood and further northward over a length of approximately 50 km (refer to attached Figure 2). All these anomalies are located on NML's 100% owned claims and licences in Quebec ("QC") and Newfoundland and Labrador ("NL"). At the south end of the survey area, a group of 13 anomalies are outlined within a radius of 5 km of the proposed Timmins processing Plant location (refer to the attached Figure 2). The first phase of mining of DSO will start in 2012 in this area.
A second group of 10 anomalies occurs within a radius of 5 km of the Goodwood-Kivivic, near the north end of the surveyed area, where over 80% of all currently known resources occur. The second phase of mining in the DSO Project is expected to commence in this location. Between Timmins and Goodwood over a length of 19 km, 20 anomalies are outlined over the iron formation bands. Beyond Goodwood-Kivivic, over a length of 12 km, 11 anomalies are identified. High gravity anomalies associated with low magnetism are favourable targets for locating enriched DSO deposits (refer to the attached Figure 2).
The interpretation of the airborne high sensitivity magnetometer survey data conducted over the Millennium Iron Range in QC and NL covering magnetic taconite formations has also been completed. Several magnetic anomalies comparable in intensity to the LabMag and KeMag taconite deposits are outlined in the north and south sections of these deposits. In NL, five anomalies, one to the north and four to the south of the LabMag deposit were identified. In QC, five anomalies to the north of the KeMag deposit were outlined (refer to the attached Figure 3). All these anomalous zones have the potential to host sizable magnetic taconite deposits.
Dean Journeaux, Eng., Chief Operating Officer of NML and Jean Hubert, Eng.,Geophysicist are the Qualified Persons as defined in NI 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release on behalf of NML.
About New Millennium
The Company controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Company is also advancing to near term production its DSO Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.2% of New Millennium and is the Company's largest shareholder and strategic partner.
Tata Steel has exercised its exclusive option to participate in the DSO Project and has a commitment to purchase at world prices the resulting production (see news release 10-16, September 14, 2010). Tata Steel also has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KeMag Project (see news release 08-17, October 1, 2008, news release 09-11, June 30, 2009 and news release 11-01, January 4, 2011).
The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KeMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).
NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8% Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.
The Company's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries.
For further information, please visit www.nmlresources.com, www.tatasteel.com and www.tatasteeleurope.com.
Forward-Looking Statements
This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements.
Forward-looking statements relate to future events or future performance and reflect management of the Company's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.
To view Figures 1-3, please visit the following link: http://media3.marketwire.com/docs/131NML_map.pdf"

[Frieder2901]

Guter Artikel:

http://seekingalpha.com/article/250163-stocks-to-benefit-fro…

When discussing commodities, most investors first think of crude oil, natural gas, gold, silver, wheat, or rare earth minerals. However, many people are surprised to hear that the world's second largest commodity market is actually iron ore. Iron ore is the main ingredient in steel and is used to create a wide variety of products, including steel coil that is used in cars and machinery, steel pipe used in the oil and gas industry, and steel beams and rivets used in construction. Despite its ubiquitous nature, steel garnered relatively little attention until 2010, when the world's major iron ore miners banded together.

The majority of the world's seaborne iron ore is controlled by three producers who control approximately 75% of the market. The seaborne iron ore market is where the majority of the world's iron ore is traded (see picture below). The big three include Vale in Brazil (VALE), BHP Billiton (BHP) and Rio Tinto (RIO) in Australia. The three miners' majority control over the seaborne iron ore market makes them formidable price setters and has allowed them to squeeze their customers.

For over 100 years, iron ore was bought and sold on an annual contract basis. This makes sense since iron ore is typically used to make steel, and steel is often used for large projects that take months or years to complete. Therefore it was beneficial for a steel producer to have a set price, and then pass on that set price to their customers. This pricing system seemed set in stone until March of 2010, when the big three teamed up and forced steel producers to move from an annual contract to a quarterly price contract.

click to enlarge images





(Source: Reuters.com)

The big three are able to squeeze their customers largely because their major customer, China, has a historically fractured steel industry. The fractured nature of the steel industry forces these customers to take the spot price of whatever the market will bear. As the charts below illustrate, world consumption of iron ore is on the rise, and China is by far the largest importer. The second chart illustrates that there is no single dominant player. In fact, there are ten firms that constitute approximately half of China's steel output.



(Source: SteelOrbis.com)



In 2010, world steel production reached a new record high of approximately 1.4 billion tons, the majority of which was produced in China and other emerging markets. This trend is likely to continue, as emerging markets begin to develop and require more and more infrastructure projects in order to meet the demands of their citizens for buildings, pipelines, or consumer products like cars and household appliances. This emerging market demand recently led Rio Tinto CEO Tom Albanese to predict that iron ore demand for his firm would double in 15 years.



An additional factor driving the price of iron ore higher is the move from the annual pricing contracts to the quarterly pricing contracts. This move has significant implications for the price of iron ore. Before the move to the quarterly contracts, iron ore was the world's largest commodity market without a spot price or a derivatives market. The annual pricing mechanism effectively meant that steel companies had no real need to hedge their purchases. However, with a move to quarterly contracts, a real need has arisen, and an emergent derivatives market started to form earlier this year.

Derivatives, quite simply, are financial products that derive their price from an underlying product, which in this case is iron ore. The derivative can take many forms; for instance, you can have a swap where a steel producer would hedge their iron ore purchases at a certain price with a partner who would take the other side of the bet. In this instance, the steel producer would have a set price for iron ore purchases for a defined time period, and the swap partner would have to pay or be paid the difference between the set price and the actual spot price. In addition to swaps, other financial products like ETFs and futures contracts would increase the liquidity of iron ore, and allow the commodity to have a much greater presence than it already has.

Furthermore, increased demand for the underlying commodity can cause the price of the commodity to go up. This phenomenon has caused a spike in a variety of commodities like oil (OIL), silver (SLV), and gold (GLD). Overall, the extra liquidity provided by derivatives and other financial instruments provides investors and industry insiders greater opportunities to participate in the iron ore market.

An additional factor that impacts iron ore markets, as well as commodity markets as a whole, is the recent weak dollar policy. Iron ore, like all commodities, is priced in the world reserve currency, which of course is the U.S. dollar. The relationship is not always perfect, but generally, as the U.S. dollar strengthens, its ability to purchase good increases, which in turn makes the price of those goods less valuable. Conversely, when the value of the dollar decreases it can purchase fewer goods, and the price of those good increase. While quantitative easing has not led to a large increase in the CPI, it has led to a bull market in commodities that isn't likely to stop until a more hawkish stance on the dollar occurs. Lastly, it should be noted that, generally, as the value of the dollar decreases, the value of other currencies is strengthened in relative terms.

The Chinese renminbi over the last several years has been pegged to the U.S. dollar. This peg positively impacts Chinese exporters as they can provide a stable price to their customers in other countries, but particularly in Europe and the United States. Recently, the Chinese have discussed slowly removing this peg. If this were to happen, China would likely see an immediate increase in the renminbi relative to the dollar, which would in effect allow them to import commodities, which are priced in U.S. dollars, at a cheaper rate. As the previous tables describe, this is important for iron ore exporters because China is by far the world's largest importer of iron ore.

Many companies are poised to profit from a bullish iron ore market. As previously discussed, the dominant global players are the big three: Rio Tinto, BHP Billiton, and Vale. Other players in the industry include South Africa's Kumba Iron Ore (KIROY.PK), and the dominant player in the North America Cliffs Natural Resources (CLF). Additionally, several smaller Canadian firms would provide exposure to the iron ore market as well, including New Millennium Capital (NWLNF.PK), and Labrador Iron Mines (LBRMF.PK). Lastly, an iron ore royalty trust in Minnesota called the Mesabi Trust (MSB) would also provide excellent exposure to the iron ore industry.

Disclosure: I am long New Millennium Capital through its ADR

[Mandala64]

02.02.2011 22:47
BRIEF-New Millennium Capital announces bought deal offering

Feb 2 (Reuters) - New Millennium Capital Corp:

* Announces $50 million bought deal offering

* Offering 14,285,715 common shares ('common share') at a price of $3.50 per

common share

* Offering 14,285,715 common shares at a price of $3.50 per common share

* Says offering 14,285,715 common shares ('common share') at a price of $3.50

per common share
http://www.finanznachrichten.de/nachrichten-2011-02/19257206…" target="_blank" rel="nofollow ugc noopener">
http://www.finanznachrichten.de/nachrichten-2011-02/19257206…

[Frickhasserin]

Antwort auf Beitrag Nr.: 40.973.112 von Mandala64 am 03.02.11 09:13:49

jetzt wissen wir warum der Kurs in den letzten wochen hoch geschossen ist

[Frieder2901]

Antwort auf Beitrag Nr.: 40.973.112 von Mandala64 am 03.02.11 09:13:49

Schwer zu sagen, was dies bedeutet. NML hatte vor 2 Monaten Jennings und CITIC engagiert als Finanzberater. Die Tatsache, dass in deser Kapitalerhöhung CITIC als China-Experte nicht involviert ist könnte vielleicht bedeuten, dass die Chinesen aussen vor bleiben.

Wenn ich die news richtig verstehe, gehen die 14 Mio Aktien an Institutionelle. Tata soll das Recht haben, seinen prozentualen Anteil in Höhe von 27,2 % beizubehalten. Interessant wäre zu erfahren, wer das Geld für die Aktien hinblättert und sich damit Anteile (und eine strategische Position?) sichert.

Die eigentliche Frage ist doch, wer bekommt Einfluss auf NML durch Erwerb von Aktien. Kein Unternehmen investiert Milliarden, wenn es nicht auch Einfluss in Form von Eigentumsanteil erwirbt. Wenn Institutionelle erwerben, geht es nur um Gewinnmaximierung. Das nötige Geld für die Entwicklung der Projekte muß woanders herkommen. Ich bezweifle, dass NML das selbst stemmen kann. Für mich ist zum jetzigen Zeitpunkt noch völlig offen, ob Tata auch die Großprojekte will. Im Prinzip spricht das PP dagegen, weil Tata durch einen relativ kleinen Betrag von 50Mio auf Einfluss verzichtet hat. Aber wenn nicht die Chinesen und nicht Tata, wer dann?

Wie gesagt, ich verstehe die Aktion zum jetzigen Zeitpunkt nicht ganz. Für mich sieht es so aus, dass bis Ende Februar kein Großinvestor einsteigt. Könnte ein Zugeständnis an Tata sein, keinen Fremden reinzulassen und trotzdem Geld für weitere Aktionen zu bekommen. Möglicherweise will Martin NML auch nicht verscherbeln, weil bezogen auf die Resource müßte ein Investor ein vielfaches des jetzigen Preises hinlegen. Und der Wert von NML wird mit der Entwicklung des DSO steigen.

[Frieder2901]

Tata Steel to raise $500 mn BS Reporter / Mumbai February 3, 2011, 0:33 IST



Tata Steel is trying hard not to dilute the promoter’s stake and yet raise money for its long-term needs. The company plans to raise $500 million (Rs 2,290 crore) by issuing bonds, preferably perpetual bonds.

Sources close to the development told Business Standard that plans to raise the money had been firmed up.

“The company has decided to go for perpetual bonds, as they are treated as equity capital and yet there is no dilution in the promoter’s shareholding,” a source said. A perpetual bond has no maturity date and is usually marked by interest payment through the life of an investor. However, the interest rates on such bonds are very high and have to be serviced ‘forever’. Another official privy to the fundraising plan said, “Yes, there are plans to raise $500 million, through a bond issue.” The company may launch the issue in the next three to six months.

Sources said the company was looking to raise the money from the international market and will bear an interest rate of around nine per cent.

An email sent to Tata Steel did not elicit any response.

The first source said, “The FPO (follow-on public offer) of Rs 3,400 crore has brought down the promoter’s stake in the company by over two percent and the group is not very flexible in bringing it down further

[Frieder2901]

New Millennium Capital Corp. Increases Bought Deal Offering to $55 Million

http://www.marketwire.com/press-release-canada/New-Millenniu…

[Mandala64]

François de Champlain 02/07/2011 - Among industrials sectors, iron is the one that is going to have the highest growth in term of revenue and employment in 2011, according to the firm of forecasts IBIS World. Hence, every company wants to expand. Let’s take a look at how New Millennium Capital does so.

On February 3rd, New Millennium Capital (NML) pulled the trigger and announced a new share issue to Jennings Capital Inc. and Credit Suisse Securities at a price of CAD $3.50 per share. According to the studies on the theory of “the signal”, Myers and Majluf [1984] teach us that costless signal like share issuance is mathematically not well welcomed by the market since the old shares are down valued. But what about a new investor who now, with this unjustified little pullback, has an opportunity to get in a promising stock when the company AND two great institutions tell us that the stocks worth at least 3.50$ a share! Indeed, shareholders now have to split the pie with more friends but seeing that nothing has fundamentally changed since the stock closed at 3.87$ on Wednesday, shouldn’t the new investors take it as a clock adjustment considering the stock nicely climbed 207% in the last 3 months! Say what! And it wasn’t such a big drop anyway if you look at the graph. What you have to keep in mind is that we’re talking about a non-producing-yet-medium-company (a respectable 531M of market cap) sitting on a fairly gigantic amount of unpriced minerals.

So, the game is not exactly played that way as Champion Minerals (CHM.TO) showed the same day. Champion Minerals, the next door Fermont/Schefferville neighbor of NML had the same kind of financing coming from Jennings Capital Inc. among others (usually little investors should follow big investors with privileged information, aka FOLLOW THE MONEY! Just saying…). What is interesting here is that Champion Minerals haven’t dropped like NML as the takeover pressures that I warned you about in my last analysis intensify. That shoes us that in this sector, promises are far more important than intrinsic value. In short, I strongly believe that investors should (and eventually will) act the same with NML since the company has more financing to initiate its promising projects.

Talking about promising projects. New Millennium announced on January 31st that it has finished an airborne geophysical survey which results in 50 prospective targets in close proximity to where they will commence production at their new Direct Shipping Ore (DSO) Project. This news is on time to provide to their joint venture company, Tata Steel Minerals Canada Ltd. ("TSMC"), a real reason to extend their exclusivity deal regarding the LabMag and KeMag projects, further than February 28, 2011 (good news expected soon). When you look at it, it is precisely Jennings Capital Inc. that is in charge of dealing the extension with Tata Steel. Interesting huh? They claim a bigger part of the cake just after the good news but before the settlement with Tata Steel. Somebody must know something.

Tata Steel, the 8th steel producer in the world, owns 27.2% of New Millennium and is the company's largest shareholder and strategic partner. Tata Steel has exercised its exclusive option to participate in the new DSO Project by investing 300 million (80% of the DSO project) and has a commitment to purchase at world prices the resulting production. It would be a shock coming out of the blue if they don’t extend their exclusivity deal for the LabMag and KeMag projects after having given a recent 2 month extension worth 600 000$ and after globally having invested so much. Usually, those types of companies rarely stack without any reason.

The company controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. The taconite resources is up to last more than 100 years and NML is potentially the lowest-cost North American pellet Producer.

Before the good news of last week about the new 50 prospective targets, the new DSO Project had already an IRR of 29%, a NPV discounted at 8% of USD $420M with near term cash flows, and a payback period of 3 years after the start of the production. The real meat for now though, comes from their LabMag and KeMag projects with 7.04 billion tones of measured and indicated resources and 2.17 billion of inferred resources. The proposed annual production is 15 million tones of pellets and 7 million tones of concentrate. The KeMag prefeasibility results showed an IRR of 25%, a NPV @8% of USD $7.3 Billion and a payback period of 5 years. That is already a lot for only one of their projects!

Since October, the price never closed two days in a row under its 20-day moving average, showing strong support on it. Now, that the price is not far from the support trend, the 20-day moving average and the 3.50 financing price, we could consider this combination as a solid support level around 3.45. The on balance volume is bullish, as most analysts are. It showed resistance at 3.98 as the news hold the stock from climbing more and it should comes back to this level in a heartbeat.
http://stockmarketgps.com/News/new-millenium.html

[Popeye82]

New Millennium Capital - Announces Exercise of Pre-Emptive Right by Tata Steel - Feb 18, 2011
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

"CALGARY, ALBERTA--(Marketwire - Feb. 18, 2011) - New Millennium Capital Corp. ("NML" or "the Corporation") (TSX VENTURE:NML) announced today that Tata Steel has given notice to NML that it is exercising its pre-emptive right to maintain its pro-rata interest in the Corporation, which is currently approximately 27.2% of the total basic shares outstanding, in connection with the bought deal financing announced by NML on February 2 and 3, 2011. As a result, Tata will subscribe for 5,860,832 common shares and up to 879,124 common shares in the event the underwriters' overallotment option is exercised in full, in each case at the issue price of $3.50 per share.

Robert Martin, President and CEO of NML, stated "We are pleased that Tata has exercised its pre-emptive right, which serves to demonstrate their continued support for the Corporation and its development plans and prospects."


About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing to near term production its DSO (Direct Shipping Ore) Project. Tata Steel, one of the top 10 steel producers of the world, owns 27.2% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production, and has an exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 08-17, October 1, 2008, news release 09-11, June 30, 2009 and news release 11-01, January 4, 2011). The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13, July 5 2006 and 07-11, July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01, January 15, 2009).

NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8%Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03, February 11, 2009 and news release 09-05, March 4, 2009, news release 09-16, December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon.

The Company's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.nmlresources.com, www.tatasteel.com and www.tatasteeleurope.com. "

[Frieder2901]

eben gelesen:

Tata Steel dringt in Domäne von ThyssenKrupp vor
DÜSSELDORF (dpa-AFX) - Der Stahlkonzern Tata Steel Europe
will den deutschen Rivalen ThyssenKrupp und Salzgitter
stärker Konkurrenz machen. Die Tochterfirma der indischen
Tata-Gruppe wolle künftig vermehrt um Kunden aus dem Fahrzeug- und
Maschinenbau buhlen, sagte Vorstandschef Karl-Ulrich Köhler dem
"Handelsblatt" (Mittwochsausgabe). Mit den großen Bergbauaktivitäten
der Tata-Gruppe im Rücken wolle er den Autobauern stabile Preise
anbieten: "Die eigene Rohstoffversorgung versetzt uns in die Lage,
langfristige Verträge zu gewähren." Das können die deutschen
Stahlkonzerne mangels eigener Rohstoffbasis kaum.

"Diese Strategie ist der einzige Weg, um in der Hochkostenregion
Europa erfolgreich arbeiten zu können", sagte Köhler. Tata Steel
vollzieht mit der neuen Strategie einen Schwenk weg von der Massenware
hin zum Qualitätsstahl. Bislang verkauft Tata Steel Europe 18 Prozent
seiner Produktion an die Autoindustrie. "Dieser Anteil soll
mittelfristig auf 25 Prozent steigen", sagte Köhler. Die Tata-Gruppe
hatte im Jahr 2007 den niederländisch-britischen Stahlkonzern Corus
für 9,1 Milliarden Euro übernommen und war damit zum zweitgrößten
Stahlhersteller Europas geworden. Derzeit verfügt der europäische Arm
über Produktionskapazitäten von 18 Millionen Tonnen./enl/stk

[pintador]

Mar 07, 2011 07:00 ET

New Millennium Capital Corp. Announces Binding Heads of Agreement With Tata Steel to Develop



http://www.marketwire.com/press-release/New-Millennium-Capit…

[pintador]

Mar 07, 2011 07:00 ET

New Millennium Capital Corp. Announces Binding Heads of Agreement With Tata Steel to Develop One of the World's Largest Undeveloped Magnetic Iron Ore Deposits

[Frieder2901]

Antwort auf Beitrag Nr.: 41.158.361 von pintador am 07.03.11 14:34:54

Sieht ganz so aus, als würden NML und Tata ihren Weg gehen. In meinen Augen ein sehr guter deal für die shrae holder. Dass die FS erst noch erstellt werden muss ist wirtschaftlich gesehen einfach eine Notwendigkeit. Immerhin gehts um über 4 Mrd $. Dass sich Tata den endgültigen Zuschlag noch vorbehält ist dann auch logisch. Ich bin erfreut darüber, dass NML bis zu 36% an diesem zu gründenden JVE halten kann, ich hatte ehrlich gesagt mit weniger gerechnet. Wie schon bei der Vereinbarung über das DSO reagiert der Markt eher verhalten. Wenn man bedenkt, dass NML mit dem DSO bereits in 1,5 Jahren gutes Geld verdient und sich das mit der neuen Vereinbarung ab ca. 2016 vervielfachen sollte, dann war dies zumindest für mich heute ein guter Tag, trotz ausbleibendm Kursfeuerwerk. Das hats in den vergangenen Wochen bereits gegeben und das wird wohl auch in Zukunft immer wieder mal gezündet.

[links-zwo-drei-vier]

Iron ore firm undervalued after Tata deal: CIBC

Upside: Mr. Parkinson upgraded New Millennium to “sector outperformer” from “sector performer” and hiked his price target by $2.20 to $7.20, based on the assumption that Tata makes a positive construction decision in 2012.

Quelle: http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Mandala64]

Tata Steel teams up in potential C$4.85bn deal with New Millennium Capital

In the latest deal to capitalise on the increasingly hot commodity, New Millennium Capital and Tata Steel, have agreed to jointly develop iron ore deposits in Labrador and Quebec.
Author: Shivom Seth
Posted: Thursday , 10 Mar 2011

MUMBAI -

Its a rush to feed on Canadian resources. And Tata Steel is following the footsteps of rival steel producer, ArcelorMittal SA, which recently won control of a promising iron ore deposit in Nunavut.

On March 7, Tata Steel signed a binding agreement with New Millennium Capital Corp to develop two large iron ore deposits in Canada at an estimated investment of C$4.85 billion.

The deal comes in the wake of a third Canadian iron ore deal inked by Chinese steel giant Wuhan Iron & Steel Group Corporation with an unspecified Canadian partner.

Earlier last month, Wuhan Iron & Steel Group had said that it was to invest C$56 million in Canadian mining company, Century Iron Mines Corp to acquire a stake and jointly develop iron ore projects.

Wuhan Steel is to have a 25% stake in the company. The Canadian firm plans to raise between C$300 and C$500 million through an additional public float.

Wuhan Steel's new deal comes on the back of the Century Iron Mines Corp deal and the Adriana Resources deal to jointly develop iron ore projects in northern Quebec.

Asian need

As both China and India strive to meet their ever growing infrastructure demands, the Asian majors are keen to secure much-needed supply of steel.

Shares of Tata Steel jumped when it said it was partnering with Canadian mining company New Millennium Capital Corp to develop iron-ore reserves in Labrador and Quebec. The two deposits are said to hold over 9 billion tonnes of reserves and resources that can potentially produce 22 million tonnes per year of concentrate.

In January, another company active in the area, Consolidated Thompson Iron Mines received a $4.9 billion takeover offer from Cliffs Natural Resources Inc.

Tata Steel's deal is set to make Tata Steel's European business (formerly Corus) self-sufficient in iron ore, officials said, giving a much needed cushion to its profit margin.

An official of the company said that at present, the company had to deal with the vagaries of the commodity market. He added that Tata Steel Europe does not have any captive source of iron ore and coking coal.

The European business reported a 2.2% earning before interest, depreciation, taxation and amortisation margin during the third quarter compared with 38.3% in the Indian business, which gets 100% ore and more than half of its coal from captive sources.

The official pointed out that the Indian company could keep an 80% stake in the joint venture to develop the Taconite project and leave the rest for the Canadian entity.

The project comprises two magnetite (low quality) iron ore deposits on the Millennium Iron Range, which stretches for 210 kilometres from western Labrador to eastern Quebec.

The LabMag deposit is located in the Labrador portion of the range, while the KéMag deposit is in the Quebec portion.

China factor

Citing the push by China, an analyst said that China imports more than 80% of its iron ore. Moreover, last year after Vale SA, Rio Tinto Group and BHP Billiton Ltd did away with their annual pricing system in favour of ``regular adjustments, China complained the loudest and vociferously showed it was not in favour''.

In January alone, China imported 68.97 million tonnes of iron ore.

Wuhan Steel has also gone on record to state that it aims to be able to supply all of its own needs in three to five years so that it doesn't need to buy from foreign monopolies.

Top iron ore producers are enjoying record prices for the commodity, which is hurting many corporates.

Robert Martin, chief executive officer of New Millennium has been quoted in an interview as saying that the standards of living are increasing in China and India, ``so the need for infrastructure and the need for products is such that steel is very much in demand.''

Wuhan Steel has been investing in several iron ore assets overseas in order to cut its reliance on expensive imports. Even in the case of India, the phenomenon has developed slowly.

New Millennium first began talking with Tata in 2006. Then, in accordance with the terms of the joint venture agreement signed on November 6, 2009 between Tata Steel's wholly owned subsidiary Tata Steel Global Minerals Holdings and New Millennium Capital Corp., a joint venture company was incorporated.

The JV, named Tata Steel Minerals Canada Ltd, acquired all of the DSO mining claims and related assets, carry out detailed engineering and construction of facilities.

At that time, Tata Steel owned 80% of the JV and NML the remaining 20%. NML would also be reimbursed for 80% of the DSO Project costs incurred to closing.

The intention of both the countries though is similar - to secure iron-ore supplies rather than grapple with soaring prices of iron-ore and coking coal.
http://www.mineweb.com/mineweb/view/mineweb/en/page39?oid=12…

[cervical]

http://tmx.quotemedia.com/article.php?newsid=45501517&qm_sym…

[ixurt]

Wieviele Aktien sind denn hier in festen Händen
und wieviele Aktien gibt es hier denn insgesamt?
Wenn in anderen Foren für diese Aktie geworben wird denn würde mich auch ein entsprechender Vergleich (z.B. mit indo mines) interessieren...
eine aktuelle Angabe bzgl. der momentanen Marktkapitalisierung konnte ich leider nicht finden...
welches Kapital wird für welche Investitionen noch benötigt, stehen weitere KE an?

[sinsala1986]

1. kann man auch einen eigenen Research machen, alle Daten finden sich im Internet.
2. wollte ich nur einen Wert nennen, der ein Kursziel von über 10€ in den nächsten Jahren rechtfertigt (Indo Mines meines Erachtens nicht). Ein direkter Vergleich mit Indo Mines macht keinen Sinn. NML spielt in einer völlig anderen Liga.
3. Werde ich bald meinen Research zu NML veröffentlichen, dann kannste schauen, inwieweit du meine Äußerung zum Kursziel als wahrscheinlich empfindest.

[sinsala1986]

New Millennium Iron Corp. - TSX: NML
WKN: A1JB2V - ISIN: CA64753V1067 - Frankfurt: 36N - OTC: NWLNF
ehemals New Millenium Iron Capital Corp. (07.10.2003 - 14.06.2011)
seit 19.10.11 ist man von der TSX-Venture Exchange (TSX.V) zur Toronto Stock Exchange (TSX) gelistet.



Links
Homepage: www.nmliron.com
TSX-Seite: http://tmx.quotemedia.com/quote.php?qm_symbol=nml&locale=EN
Sedar-Seite: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
OTC-Markets-Seite: http://www.otcmarkets.com/stock/NWLNF/quote
Advfn-Seite: http://de.advfn.com/p.php?pid=qkquote&symbol=T^NML
letzte Insider-Trades: http://canadianinsider.com/node/7?menu_tickersearch=nml
Komplette Insider Trades: http://www.sedi.ca --> English --> Access public filings --> View summary reports --> bei „Issuer transaction detail“ Häkchen setzen --> Next --> unter „Mandatory criteria“ bei „Identify insider or issuer“ auf „Issuer name“ umstellen und „New Millennium Iron“ eingeben --> „Select All“-Button bei Debt, Equity und Issuer Derivatives setzen --> Search --> View --> schon hat man alle Insider Trades zu der Company
Stockhouse-Forum: http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=nml&t…
Ariva-Forum: http://www.ariva.de/forum/New-Millennium-Iron-Corp-NML-TSX-V…
Finanzen.ch-Forum: http://forum.finanzen.ch/forum/New_Millennium_Iron_Corp_NML_…
Nebenthread bei WO: http://www.wallstreet-online.de/diskussion/1141338-1-10/new-…
Investorshub-Forum: http://investorshub.advfn.com/boards/board.aspx?board_id=196…
American Bulls Candle Stick Analysis: http://www.americanbulls.com/StockPage.asp?CompanyTicker=NML…
Research Raymond James: http://www.loaditup.de/677845-8w6stxs658.html
Research Jennings Capital: http://www.loaditup.de/677846-zmvyk9n2uu.html
Update Jennings Capital: http://www.loaditup.de/677847-kgmc469kfs.html
Update Jennings Capital: http://www.loaditup.de/677850-dzu3sdev36.html

Aktuelle Eckdaten zum Unternehmen
Outstanding Shares: 176,267 Mio. per 22. Nov. 2011 --> Anteil Insiders (mit Tata Steel): 35,69%
Key shareholder and strategic partner: Tata Steel 26,76% --> http://www.tatasteel.com/
Outstanding Options: 12,835 Mio.
Outstanding Warrants: 1,084 Mio.
Fully diluted Shares: 190,186 Mio. --> Anteil Insiders (mit Tata Steel): 38,49%
Cash: 17,464 Mio. CAD$ per 30. Sept. 2011
Short-term Investments: 70,467 Mio. CAD$
Working Capital: 109,776 Mio. CAD$
Deficit: 35,341 Mio. CAD$
Market Cap.: 304,9 Mio. CAD$

Projekte




DSO-Projekt
- 25 kleine open-pit Lagerstätten
- Reserven: 64,1 Mio. t Fe proven and probable
- Ressourcen: 8,1 Mio. t Fe measured & indicated, 7,2 Mio. t Fe inferred (~40-45 Mio. t Fe historic nicht NI43-101-konform)
- In-situ Grade von 58-60% Fe
- Transport per Eisenbahn zur Hafenanlage
- JV mit Tata Steel: Tata Steel Minerals Canada Ltd. (TSMC: 20% NML / 80% Tata Steel)
--> Tata Steel bietet Fachwissen zur Minenentwicklung an, arrangiert die Finanzierung mit bis zu 300 Mio. CAD$ der Projektkosten, übernimmt davon 80% der Kosten direkt und bekommt eine 100%ige Abnahmezusicherung der DSO-Produktion zugestanden
--> NML bekommt 20% des JV-Cashs (geschätzt ~20-40 Mio. CAD$/y )
- am 13. Juli 2011 bekam TSMC die Genehmigung für dessen Oberflächenpachtantrag für das Timmins-Gebiet von der Regierung Neufundland und Labrador zur Errichtung des Camps, der Verarbeitungsanlage, Büros, Warenhäuser, Wartungsanlagen und sonstige Infrastruktur.

Taconite Projekt (LabMag und KéMag)
LabMag
Proven/probable reserves: 3,545 Mrd. t Fe 29,6%
Measured/indicated resources: 1,045 Mrd. t Fe 29,5%
Inferred resources: 1,151 Mrd. t Fe 29,3%
Gesamt alle Kategorien: 5,741 Mrd. t Fe

KéMag
Proven/probable reserves: 2,141 Mrd. t Fe 29,6%
Measured/indicated resources: 0,307 Mrd. t Fe 29,5%
Inferred resources: 1,014 Mrd. t Fe 29,3%
Gesamt alle Kategorien: 3,462 Mrd. t Fe

Gesamt LabMag + KéMag alle Kategorien: 9,203 Mrd. t Fe

- am 6. März 2011 wurde mit Tata Steel ein „binding heads of agreement“ zur Entwicklung von LabMag und KéMag geschlossen. Tata Steel wird 64% der Kosten für die Machbarkeitsstudie übernehmen. Wenn die Machbarkeitsstudie positiv ausfällt, hat Tata Steel 4 Monate Zeit zu entscheiden, ob ein JV mit NML geformt werden soll, um eine oder beide Projekte weiterzuentwickeln, zu finanzieren und in Produktion zu bringen. An dem Joint Venture würde NML einen 20% „free carry equity interest“ mit der Option eines weiteren 16% „paid equity interest“ innerhalb von 60 Tagen nach Veröffentlichung der Machbarkeitsstudie. Für den 16% „paid equity interest“ müsste NML ca. 233 Mio. CAD$ an Kapital bereitstellen, bei einer debt/equity-ratio von 70/30. Des Weiteren hat NML ein 4% Vorkaufsrecht, wenn Tata Steel von seinem JV-Anteil etwas veräußern will. Maximal könnte/würde NML also 40% an dem JV halten.
Tata Steel würde die Finanzierung mit einem Capex von bis zu 4,85 Mrd. CAD$ arrangieren (exklusive des 16% paid equity interest für den NML aufkommen muss), wenn beide Projekte ausgewählt werden oder mit einem Capex von bis zu 4,68 Mrd. CAD$ bzw. 3,76 Mrd. CAD$, wenn nur KéMag oder LabMag ausgewählt werden.
- am 1. Sept. 2011 wurde Firma SNC-Lavalin Environment aus Montreal mit einer Umweltprüfung, welche mit in die Machbarkeitsstudie einfliessen soll, beauftragt. Der Abschluss in einem Umwelteinflussbericht wird bis November 2012 erwartet.

Taconite Pre-Feasibility Study Results:


Weitere Explorationsgebiete (Lac Ritchie, Perault Lake, Anomaly N1 and N2 Areas)
- Bohrungen wurden begonnen, eine Scoping Study soll folgen, um später eine NI43-101 konforme Ressource zu erhalten.
- CEO letztens zu den Bohrungen bei Lac Ritchie: „The results are similar to those obtained at LabMag and KéMag and continue the trend that we expect based on the results of aero magnetic surveys of NML’s Millennium Iron Range. This further demonstrates the potential for hosting a very large magnetic taconite deposit at Lac Ritchie. The area covers 30 square kilometers of magnetic mineralization.“

Meine Kurskalkulationen


Die Analysten von Jennings Capital haben für NML ein Kursziel von 8,00 CAD$ als „speculative buy“ für einen 12 Monatszeitraum ausgerufen. Dabei benennen sie 3 Kurskatalysatoren:
- das aktuelle Bohrprogramm soll 1 bis 2 neue multi-mrd. tonne neue Ressourcen hervorbringen. Lac Ritchie wird mit einem geschätzten Potenzial von 2,1 Mrd. t Fe gehandelt. NML hat 8 weitere Liegenschaften neben LabMag, KéMag and Lac Ritchie. Die neue Bohrungen bei LabMag und KéMag sind nicht innerhalb des „Heads of Agreement“ mit Tata Steel, verbleiben also mit 100% bei NML.
- das DSO Projekt wird aller Voraussicht nach im späten Q3/2012 bzw. frühen Q4/2012 in Produktion gehen. Damit wird NML vom Explorer zum Produzenten aufsteigen und eine gewisse Neubewertung bekommen
- Im Oktober 2012 wird die Veröffentlichung der „Definitive Feasibility Study“ (DFS) für LabMag und KéMag erwartet. Danach wird Tata Steel entscheiden, ob ein JV mit NML eingegangen werden soll. Damit geht auch die Finanzierungsfrage einher.

Zum Vergleich der "Iron Mining Companies" in kanadischen Labrador-Eisengürtel, siehe hierzu auch meine selbsterstellte Labrador Trough Iron Ore Mines Peer Group: http://www.fileuploadx.de/645315

3-Monats-Linienchart Kanada


5-Jahres-Candle-Stick-Chart Kanada

[sir_krisowaritschko]

hab das unternehmen auch schon ewig auf der allwöchentlichen watch. danke für die vorstellung hier im thread. gefällt mir ganz gut. der kurs könnte nach dem guten anstieg nochmal etwas nachgeben.

[sinsala1986]

Antwort auf Beitrag Nr.: 42.564.035 von ixurt am 07.01.12 17:55:20

zur Frage einer zukünftige Kapitalerhöhung:

wenn die DFS zu KéMag und LabMag positiv ausfällt, Tata Steel ein JV eingehen will und NML die 16% paid equity interest anstrebt, dann müssten etwa 233 Mio. CAD$ von NML aufgebracht werden.

Wenn die aktuellen short-term investments von 70 Mio. CAD$ dazu verwendet werden sollen, werden etwa nur noch 160 Mio. CAD$ benötigt.

Wenn der Kurs wirklich in den Bereich von 8,00 CAD$ bis Ende des Jahres kommen sollte, würden 20 Mio. neue Aktien zu 8,00 CAD$ ausgegeben werden.

Da NML ja aber auch noch weitere Projekte hat, deren Exploration und weitere Entwicklung einen unbestimmten Betrag verschlingen wird, wird es wohl auch noch weitere Dilution geben. Deswegen auch mein kalkulatorischer langfristiger Ansatz bei der Kursberechnung von 350 Mio. fully diluted shares. Es kann aber auch sein, dass die Einnahmen aus dem DSO Projekt einen Großteil der gerade angesprochenen Kosten tragen und weniger Dilution eintritt.

[sinsala1986]

Von der Homepage von der gemeinsamen JV-Gesellschaft

http://tatasteelcanada.com/

Latest news

January 8, 2012: Food Establishment License received for the camp cafetaria. With this all the permits required for occupying the camp have been received.

January 7, 2012: Drinking water well commissioned: The pump for pulling the water out of the potable water well was started today. The flow rate was excellent and after running it for a few hours, the well will be hooked up to the water treatment plant and to the rest of the camp.

December 5, 2011: Camp dormitories were energized with the starting of the generators. The camp construction is in an advanced stage of construction and is slated to be inaugurated in the first fortnight of January 2012.

[sinsala1986]

der eisenerzpreis scheint seinen boden gefunden zu haben

China's spot iron price chart
http://www.bloomberg.com/quote/TSIPIO62:IND/chart

[sinsala1986]

überarbeitete Kurskalkulationen

in meiner vorherigen hatte ich zum einen mit shipping cost kalkuliert. da mir gesagt wurde, dass der käufer diese zu tragen hat, haben ich diese wieder herausgenommen, was sich natürlich nochmal positiv auf die kurskalkulation auswirkt.

ausserdem hatte ich die kosten für den 16% "paid equity interest" (233 mio. CAD$) jeweils in voller höher bei beiden projekten abgezogen. da ich den kurs für LabMag und KéMag separat berechne, müssen die natürlich halbiert werden und hälftig bei jedem angesetzt werden.

bei den royalties bin ich mir nicht sicher, was gezahlt werden muss. ich war über einen research zu labrador iron mines darauf gestoßen, dass abhängig vom bundesstaat unterschiedliche royalties anfallen. habe dann pauschal 1,5$/t genommen. weiss einer diesbezüglich mehr?

des weiteren habe ich die verkaufspreise angepasst. ausgehend von einem langzeit-kalkulierten eisenerzpreis von 80 $, habe ich die relative differenz (bf pellet preis 52,85% höher als concentrate; dr pellets 11,7% höher als bf pellets) zu den pellet preisen aus den daten der pre-feasibility zu taconite genommen.



MfG
sinsala

[sir_krisowaritschko]

sinsala kannst du mir kurz die sache mit den zahlen rechts neben den pfeilen von "kalkulierter kurs", "kurs szenario I" usw. erklären? meine die "bei 20%/20%/16% JVs:" ___ "18,46 ______ 20,02"

verstehst was ich meine?

kannst duu mir das teil mal als excel datei schicken? hab mir zwar auch ne tabelle entworfen, aber die geht mehr in die gold und silber richtung.

[sinsala1986]

Ah, sry, wenn man so in der sache vertieft is, schreibt man nicht immer nach außen hin verständlich :-)

das "20%/36%/32%" meint die beteiligungsverhältnisse an DSO/KeMag/LabMag, also wenn die sich an den taconite projekten den 16% paid equity interest zusätzlich erwerben.

Das andere natürlich dann ohne die zusätzliche beteiligung.

Die linke zahl ist die addition von den npv-werten der einelnen projekte je nach beteiligung und ganz rechts steht die summe der kgv-werte der einzelnen projekte je nach beteiligung.

Kann dir die datei gerne heut sbend zusenden.

Mfg
Sinsala

[sir_krisowaritschko]

ah danke für die erklärung. macht auch sinn! manchmal sieht man den wald vor lauter bäumen nicht
ja wäre echt nett. schick dir gleich mal meine email per bm.

gruß chris

[sinsala1986]

Adriana kommt weiter voran:

Adriana completes JV deal with WISCO

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:ADI-1917909…

An deren gemeinsamen JV hält Adriana 40%. Wisco arrangiert 70% des Finanzierungsbedarfs, dessen höhe und rahmen erst noch durch eine bankenfeste Machbarkeitsstudie ermittelt werden muss.

den shareholdern dürfte das hier auch besonders gefallen:
"Under the terms of the JV agreement, WISCO may provide dilution protection to Adriana by providing financing assistance of up to a maximum of $200-million for a term of up to 12 months in the event that Adriana has difficulty in financing its share of any cash call prior to the achievement of commercial production."

mal abwarten wie die endgültige Machbarkeitsstudie dieses Jahr zu dem Taconite Projekt ausfallen wird.

[sinsala1986]

January 12, 2012: Camp Inaugurated: The first phase of the fully equipped camp was inaugurated on January 12 in the presence of the local dignitaries. The first meal prepared at the camp was also served.

http://tatasteelcanada.com/

[sinsala1986]

Zitat von sir_krisowaritschko: hab das unternehmen auch schon ewig auf der allwöchentlichen watch. danke für die vorstellung hier im thread. gefällt mir ganz gut. der kurs könnte nach dem guten anstieg nochmal etwas nachgeben.

jepp, darauf habe ich jetzt auch gewartet, wenn das schuldenkrisenbeben ab nächster woche wieder ausartet, dann kommt man wieder günstig rein.

[sinsala1986]

von dem user jduade von stockhouse ausgeliehen, zwar gepostet am 14.10.2011 aber sehr interessante gedanken.

----------------------------------------
NML Strategy
.
I would like to discuss NML's strategy for the next 14 months, or effectively the time period from now till the end of 2012. My personal feeling is that NML has the potential to unlock significant value above and beyond the current DSO and LabMag/KeMag projects. I would like to stress that all of the items I discuss below are not even close to being baked into to the stock price of NML, so you get them for free at today's rock bottom price (in fact you're getting LabMag, KeMag and about two thirds of the DSO for free as well). Given the lack of news, I wanted to throw out some speculations I have regarding NML's deposits and the strategy that management may be using to create shareholder value in the future. Others thoughts are very welcome.
.
CITIC, China, Plan Nord, Lac Ritchie and Adriana
.
Last December NML engaged CITIC (the largest investment bank in China) and Jennings Capital to act as consultants during the KeMag and LabMag talks with Tata. No doubt the consultants helped forge a deal between Tata and NML, but I also assume that CITIC and Jennings were introducing NML to other suitors in case Tata were to walk away from a deal or to provide NML with alternative offers to make sure NML wasn't getting screwed. During this process NML probably discussed the fact that if Tata did go through with the Taconite deal (which of course they did) NML could work with other firms to develop other large taconite targets--Targets like Lake Perrault and Lac Ritchie.
.
The choice for Lac Ritchie is a very interesting one. The deposit, based on the description that NML gave has the potential to hold upwards of 6-8 Billion Tonnes of taconite at a high grade. It's also in the middle of frigging nowhere--about 80KM's north of KeMag--and would be extremely cost intensive to develop. I'd assume that the $12 Billion dollar figure that Adriana used for their PEA would be appropriate. So why drill there when there are plenty of other target in close proximity to Schefferville, even south of Schefferville and sitting next to existing rail lines. The logical conclusion in my opinion is that someone with very deep pockets has asked NML to drill Lac Ritchie. Maybe someone like BaoSteel who is dependent on the ore majors, and doesn't seem to have any captive reserves of their own. In 2010 Bao Steel made 44MT of steel, that means that they consumed about 70MT of iron ore. The other interesting thing is that WISCO and Adriana are located directly above NML's Lac Ritchie deposit. The two deposits together would probably have close to 10-14BT of high grade iron ore that could be manufactured to the specifications of the off take partners. It would be very interesting if a consortium of Chinese Steel makers were interested in developing these two deposits (among others). Look at the new report below for some evidence that BaoSteel is interested in finding an oversea partner to help remove them from their dependence on the Big 3. Individually these companies probably can't develop Adriana or NML's Lac Ritchie, but together they can. This is especially true if Plan Nord is willing to help with some of the costs for the rail road and port infrastructure.
.
BaoSteel Group wants to diversify it's iron ore sourcing
http://www.reuters.com/article/2011/08/31/baosteel-iron-ore-…
.
50 DSO Anomalies and a "Tata Style" Deal with a second JV Partner
.
This past January NML announced that they had discovered 50 anomalies from the November 2010 magnetometer survey. All of the 50 new anomalies are 100% owned by NML. At the time that these deposits were found NML mentioned that they wanted to examine these anomalies this Summer. Unfortunately that plan was scuttled, probably because NML focused on drilling the historic reserves at 3 other DSO deposits owned jointly by NML and Tata. My personal feeling is that a second Joint Venture Partner may ask to create a Tata Style deal, where they develop both a taconite project and a DSO project.
.
MIR NL-1, NML's first 100% owned project?
.
MIR NL-1 is essentially the middle portion of the LabMag/KeMag ore body. If you read the prefeasibility reports on each deposit you'll note that both LabMag and KeMag are stratigraphically similar. NML mentions on several occasions in these reports that KeMag is in fact the Northern extension of LabMag. In 2007 NML drilled a test hole to prove this hypothesis, and as you know the test hole came back with positive results. The Magnetometer survey came back with further proof that the LabMag and KeMag are just an extension of one another. Given the above facts, it's very likely that MIR NL-1 will result in a deposit of 1-3 Billion Tonnes in my opinion. Furthermore, given it's close proximity to other NML/Tata infrastructure there's a distinct possibility that NML could mine and bring this deposit into production on their own after cash flow starts coming in from the DSO and the LabMag/KeMag deposits.
.
Gold at KeMag?
.
Rockland Minerals has found plenty of surface gold on deposits only a few kilometers from KeMag and MIR NL-1. Rockland's has found surface gold in the silica bands of iron formations within a 20-30km range from Lac Du Canoe in the north to Lac Guillame to the South. Rockland's discoveries are right next to NML's Lac Helluva, KeMag and MIR NL-1 deposits. Maybe, just maybe, KeMag or the other NML deposits have minerals other than iron present.

----------------------------------------

[sinsala1986]

vom user balkwillj von stockhouse ausgeliehen, gespostet am 26.10.2011

---------------------------------------------

I won't speculate on what may or may not be there (aside from the ridiculous amount of iron) but I am glad to see progress being made to monetize or at least evaluate some of these other assets.

To me, it is quite important that NML be in a position to exercise their 16-20% equity option on LabMag and KeMag. By having these assets evaluated sooner rather than later gives NML one more option for financing; selling non-core assets. Between the DSO, KeMag and LabMag, NML will have a lot on their plate. Rather than pursue yet another mine site, I would like to see them sell off Lac Ritchie and use the funds to go from a 20% carried interest to a 36-40% total interest in the taconite projects.

I asked Ernest Dempsey about their strategy to finance the equity option and whether or not he could see them selling non-core assets as part of that strategy. He said it was too early to comment on Lac Ritchie (results were not yet out) but did acknowledge that using cash flow from the DSO was part of their strategy and that share dilution was not preferred.

To me, Lac Ritchie is the obvious choice to sell off as NL2, NL1 and NL4 are natural add-ons to the current feasibility studies. In that respect, I am glad that they have concluded drilling at Lac Ritchie first as they will have a NI 43-101 compliant resource ahead of a potential sale. A defined asset will achieve a better price than an unexplored anomaly. And if it happens to have other valuable elements present, so much better the price could be.

Sounds like the 9 holes (900m) on NL-2 and NL-1 will also be concluded in Nov 2011. Maybe they will be able to include that in the feasibility studies currently underway. Another way NML could increase their stake in the taconite projects.

--------------------------------------------------

[sinsala1986]

vom user jduade von stockhouse ausgeliehen, gepostet am 27.10.2011

"it will be interesting to see why ADI decided to opt for a railroad. I was also surprised to see that a rail road from Lac Oltenuk to Sept-iles would only cost $2.6 Billion. According to the KeMag prefeasibility report the cost to build and install a slurry pipeline is $1.023 Billion (see page 175). I'm sure that labor and material costs have risen since that estimate was put together, so maybe it now costs $1.3 Billion or so? The major reason to pursue the pipeline would be cost savings over the life of the project. According to NML they'd save about $13 -$18 a tonne. If you're shipping 22MT that winds up being a cost savings of $286 Million to $396 Million a year! Not a trivial amount."

---------------------------------------------------------------

[sinsala1986]

eine ausserordentlich gute zusammenfassung von einem stockhouse-user, mit dem ich auch schon des öfteren kontakt hatte:

http://seekingalpha.com/article/307221-new-millennium-iron-a…

MfG
sinsala

[ixurt]

Antwort auf Beitrag Nr.: 42.565.701 von sinsala1986 am 08.01.12 15:26:29

Superklasse Arbeit von Dir hier im thread sinsala 1986 !

danke dir für deine schnelle Antwort (hatte ich ja garnicht mit gerechnet, freu)
...

das Kursziel 10 $ könnte hier in der Tat in nicht all zu weiter Ferne erreicht werden ....

bin z. Zt. in Indo, NSL, FocusMetall, Rey Patch und Montezuma investiert.

Wenn mir wieder etwas Cash zur Verfügung steht wollte ich vielleicht in einem Silberwert wie Aurcana, Silver Sun oder Minco einsteigen...

New Millennium Iron
scheint mir aber nun auch super interessant...

leider kann man nicht in allen guten Werten drin sein...

wie oben schon geschrieben...

Klasse Arbeit hier von Dir !

LG
ixurt

[sinsala1986]

Antwort auf Beitrag Nr.: 42.597.547 von ixurt am 15.01.12 23:45:24

danke, als ich tiefer gegraben habe bei NML, fand ich, dass es ein zu guter wert ist als so wenig hier besprochen zu werden.

[sinsala1986]

Stellenausschreibung für das JV:

http://www.infomine.com/careers/jobs/job664104/metallurgist.…

[sinsala1986]

die Stellen wohl das ganze Gespann ein:

http://www.infomine.com/careers/jobs/job664105/drill.blast.e…
http://www.infomine.com/careers/jobs/job664103/mine.operatio…
http://www.infomine.com/careers/jobs/job664100/pit.superviso…
http://www.infomine.com/careers/jobs/job664106/plant.millwri…
http://www.infomine.com/careers/jobs/job664102/scheduling.co…
http://www.infomine.com/careers/jobs/job664101/surveyor.aspx
http://www.infomine.com/careers/jobs/job662731/heavy.duty.eq…
http://www.infomine.com/careers/jobs/job659149/occupational.…

mfg
sinsala

[sinsala1986]

Zitat von ixurt: [...]
bin z. Zt. in Indo, NSL, FocusMetall, Rey Patch und Montezuma investiert.

Wenn mir wieder etwas Cash zur Verfügung steht wollte ich vielleicht in einem Silberwert wie Aurcana, Silver Sun oder Minco einsteigen...

New Millennium Iron
scheint mir aber nun auch super interessant...
[...]
LG
ixurt

in indo mines, nsl con., aurcana, minco silver, silver sun und new millennium iron bin ich investiert (+1 goldwert und ein paar reverse merger),

in focus metals, excelsior mining und apogee silver würde ich bei entsprechendem cash noch rein wollen.

[cervical]

Die Analysten von TD Securities zeigen sich optimistisch in Bezug auf die Aussichten für Junior-Unternehmen aus dem Eisenerzsektor. Sie glauben, dass der globale Eisenerzmarkt im Verlauf von Chinas Fünfjahresplan 2011 bis 2015 um 7% pro Jahr wachsen wird. Das Angebot dürfte nach Ansicht der Experten knapp und der Preis des für die Stahlproduktion benötigten Metalls hoch bleiben. TD Securities glaubt zudem, dass neue Quellen von Eisenerz nötig sein werden, um die Nachfrage zu befriedigen.

http://www.goldinvest.de/index.php/td-securities-sieht-kursz…

[sir_krisowaritschko]

bohrergebnisse sind draußen!!!

http://www.nmliron.com/data/attribute/upload/NR1202.pdf
http://www.nmliron.com/data/attribute/upload/NR1202.pdf

[sinsala1986]

freu mich schon auf den eröffnungskurs morgen früh

[sir_krisowaritschko]

zu viele giele werte derzeit auf der watch die kaufenswert wären, wie nml, aber keine kohle frei. verdammt!!!

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.620.377 von sinsala1986 am 19.01.12 23:37:10

Hallo Sinsala!

Hast du dir verdient.

Glückwunsch.

iron

[sinsala1986]

aber die bohren ja auch noch weiter,
- in der gegend um das DSO projekt, welches nicht teil des JV ist,
- dann anomaly n1 und n2 (9 löcher)
- und dann noch perault lake (phase 1 mit 49 löchern)

aber LacRitchie kann nach den jetzigen Bohrergebnissen 3-10 mrd. t Fe beheimaten und damit fast gleich soviel wie LabMag oder KéMag (oder doch beide zusammen?), warten wir den NI43-101 ab

[sir_krisowaritschko]

bohrungen enthalten zwar nicht die weiten wie von den beiden anderen liegenschaften. jedoch sind die mineralisierungen immer noch recht weit und zudem wieder recht oberflächennah.
wenn ich die grafiken richtig deute, erstreckt sich die mineralisierung von zum bleistift sektion 11 aus südöstlicher blickrichtung über 1 km in die breite.

[tommy-hl]

Neue Bohrergebnisse:

January 26, 2012
New Millennium Iron Corp. Reports New Drill Results from its Howells Lake and Perault Lake Taconite Targets in the Millennium Iron Range and Announces 2012 Drill Program
http://www.marketwire.com/press-release/new-millennium-iron-…" target="_blank" rel="nofollow ugc noopener">
http://www.marketwire.com/press-release/new-millennium-iron-…

[sinsala1986]

Antwort auf Beitrag Nr.: 42.653.320 von tommy-hl am 26.01.12 18:08:48

einfach nur der hammer!!!

[manffreddoo]

Antwort auf Beitrag Nr.: 42.653.456 von sinsala1986 am 26.01.12 18:27:00

....und gut mit an Bord zu sein......

[sinsala1986]

ich glaube ich bleibe hier mind. bis 2020!

[sinsala1986]

von meinem freund jduade vom stockhouse-forum ausgeliehen:

"These results are pretty fantastic in my opinion. Management is pretty much telling investors that the 90km stretch from the bottom of Perrault Lake to the top of KeMag is essentially just one large ore body that has the same stratigraphy as Kemag and LabMag. If NML can complete the proposed drilling at Howell's Lake, Perrault Lake, and Shep's Lake then we should have some pretty crazy tonnage totals from these 5 deposits. If all goes to plan I'd guess that we could maybe have scoping studies completed by March to June of 2013.

On a separate note, I'm hoping that NML will have a scoping study completed for Lac Ritchie by May of this year. After the scoping study is out I'd imagine that we'd get an announcement regarding a second JV partner shortly thereafter.

2012 is shaping up to be a watershed year for NML."

[sinsala1986]

es wird auch darüber spekuliert, ob die neben dem aktuellen DSO-JV mit Tata Steel und dem vll zukünftigen LagMag-KéMag-JV mit Tata Steel, eine Liegenschaft für viel Geld veräußern, um eine andere dann im 100%-Besitz in Produktion bringen zu können.

[KaOzz]

Grüß Dich

Auch dabei?

[KaOzz]

Antwort auf Beitrag Nr.: 42.655.357 von KaOzz am 27.01.12 01:01:11

war gerichtet an tommy-hl

[ironfahrrad]

Was mich wundert ist die Tatsache, dass diese news in can doch sehr verhalten aufgenommen wurde.

[ironfahrrad]

Keiner mehr da????

CALGARY, ALBERTA--(Marketwire - Jan. 30, 2012) -

NML's Partner Tata Steel Minerals Canada Limited Signs Rail Transportation Agreements With QNS&L
New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that its joint venture partner Tata Steel Minerals Canada Limited ("TSMC") has entered into a life of mine Confidential Rail Transportation Contract and Locomotive Rental Agreement with Quebec North Shore and Labrador Railway Company Inc. ("QNS&L"), a wholly owned subsidiary of the Iron Ore Company of Canada, for the transportation of iron ore products produced from the Direct Shipping Ore ("DSO") Project owned by TSMC, from Emeril Junction, Newfoundland and Labrador ("NL"), to Arnaud Junction in Sept-Îles, Quebec ("QC").

QNS&L is a federally regulated common carrier. Railcars will be provided by TSMC. Locomotives will be provided by QNS&L, along with certain infrastructure improvements for which TSMC will provide funding.

Dean Journeaux, President and CEO of NML, said: "This new agreement is an important step in the logistics process of delivering iron ore products to Tata Steel Europe for "life of mine", expected to be 15 years or more, and provide cost and transport certainty to TSMC over the QNS&L railway for the future."

[sinsala1986]

Habe stromdefekt, nur mit iphone online.

Sieht doch gut aus für das DSO projekt.

Dür LabMag und KeMag soll ja eine kostengünstige pipeline gebaut werden.

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.669.786 von sinsala1986 am 30.01.12 18:34:33

Hat sich heute nach anfänglicher Schwäche gut gehalten.

[sinsala1986]

man schaue echt wieviele leute die einstellen:

http://www.infomine.com/careers/jobs/search.aspx?code=r5c20a…

die levert group händelt die ausschreibungen
"[...]They are a joint venture ranked in the top 10 steel producers. they employ over 80,000 people in five continents and boasts a revenue in excess of $20 billion for the 2010 fiscal year. [...]"

das kann nur das JV von Tata Steel und NML sein

[sinsala1986]

hier noch mal ein zeitplan für das DSO-Projekt:

steel dome on December 13th --> glaube der ist aber noch nicht fertig?!
foundations on February 22nd
structural steel for the plant on May 3rd
mechanical/electrical by August 15th
Pilot production expected in Q4 2012
Full production by January 2013

[manffreddoo]

....läuft und läuft......sehr schöner intakter Trend...

[sinsala1986]

jepp, parikurs steht bei 1,704€ momentan

[sinsala1986]

aus Stockhouse ausgeliehen:

"CIBC World Markets released a report yesterday in which they like the long term prospects for iron ore. Although they have slightly decreased their price target for LIM, it is 185% higher than today's price. GLTA

New Millennium Iron Corp. (NML-TSX)

Sector Outperformer, $6.30 Price Target

New Millennium continues to develop the DSO project, near-term production that the company will own 19% of. Most recently, the company announced that Tata Steel has entered into a rail transportation and locomotive rental agreement with the QNS&L Railway Company. Details of the agreement are confidential; we assumed that rail and port will ultimately cost New Millennium and Tata ~$12/tonne-$15/tonne. Construction activities for the project are expected to ramp up in Q2/12. Construction in 2012 will be focused on erecting a weatherproof dome around the wash plant to ensure year-round operating activities. Pre-stripping of the pit will also commence as well as construction of the camp, initial site preparation and construction of access roads.

The DFS for the large taconite project is expected to be completed by the end of 2012. Tata will have 120 days after completion of the study to exercise its option to acquire an 80% interest, after which New Millennium will have an option to increase its stake to 36%. New Millennium has a free-carried interest on the first 20% ownership in this project; however the equity component of the additional 16% will have to be funded by New Millennium.

Key catalysts for the stock will be construction milestones for the DSO project as well as drill results for the Lac Ritchie project that New Millennium owns 100%. Our NAV and price target move from $6.90 to $6.30 as we have reduced the scope of the taconite project to include only the Quebec resource. This is due to the increase in our long-term iron ore price, offset by an increase in our assumed capex for the taconite project and a lower price assumption for our projected financing assumptions. "

nicht vergessen, wir sind keine tsx venture unternehmen mehr, da bekommt man auch mehr aufmerksamkeit von größeren.

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.689.244 von sinsala1986 am 02.02.12 18:10:37

Danke Sinsala.

Wundere mich schon die ganze Zeit über den Anstieg.

[sinsala1986]

Chart Kanada:

[sinsala1986]

hey iron,

die suchen dich als ... krankenschwester! :-D

http://www.infomine.com/careers/jobs/job659149/occupational.…

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.690.209 von sinsala1986 am 02.02.12 20:35:21

Meine Frau ist Krankenschwester.
Wenn ich in Rente gehe, muss sie noch ein wenig ran.

Möchte aber bevorzugt nach Australien.
Da fand ich es richtig nett.

Vielleicht reichen bis dahin ja meine Kontakte aus, wenn die vor Ort bei den Kohleprojekten jemanden suchen.

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.690.649 von ironfahrrad am 02.02.12 21:48:37

Vertan, Kohle in aus ist ja ...

[sinsala1986]

rechts oben in der Gallery kann man Bilder vom Fortschritt beim DSO-Projekt ansehen:

http://www.nmliron.com/projects/dso-project/january-2012

[sinsala1986]

aus stockhouse ausgeliehen:

--------------------------------------

3 Days ago NML announced that its DSO, JV partner, Tata, signed a confidential agreement to move iron ore to port on Rio Tinto's Railroad. Today, the NML stock price made a signifcant jump on very high volume, a bullish sign indeed. This post is not to rain on NML's parade on such a good day, beyond possibly a whimsical dig. The Confidential Iron Ore Agreement with its unknown terms may be of significance to the future of other iron ore projects hoping to ship on the Rio Tinto Owned Railroad. First, a little poke at NML. The environmental OK released by the Government of Labrador today has the following as a quotation Operating eight months per year, the production rate for phase one will be 5,700 tonnes/day in years one and three and approximately 11,300 tonnes/day in year two. This recognizes that this is a short lived project that winds down in year 3. Additionally this permission requested in 2008, is only for one area of the NML, DSO deposits. The confidential Rail Agreement is interesting because Rio Tinto wants to do everything possible to control and fix the price of Iron Ore on the world market and continue its policy of screwing the Chinese. I dont know Canadian Security Rules on Confidential Agreements that impact shareholders. This one sure does, because if the agreement had not been confidential ,it is very possible a lot of NML shareholders who sold today, would not have sold. The agreement was executed by a Tata entity, that may not be public ,but I question if in this scenario if this is proper, as it directly impacts its JV Partner NML. We know that the Rio Tinto railroad is carrying Iron Mines of Canada's, Ore, and Rio Tinto controls its marketing. Suppose the NML confidential Choo Choo agreement has terms like that the iron ore will be shipped at a certain rate for export to Europe. If any ore is to be shipped to Asia, Rio Tinto controls its marketing. That could be part of the agreement as this ore is intended for Tata in Europe. I believe Rio Tinto, along with BHP Billiton and Vale want to continue to manipulate and fix the price of iron ore. I expect Rio Tinto will do everything possible to try to fill up the excess capacity of its railroad in a way that will not be conducive to more fair market priced iron ore reaching the market. Rio Tinto may also be trying to put in place a price structure where a higher price is charged to move DSO ore so that when new producers of DSO ore come on line in the Schlefferville area, they have to play into Rio TInto's hand and will be coerced into allowing Rio TInto to market their ore to China. For example, if the underlying confidential agreement is not available, Rio TInto can show how much they are charging NML to ship DSO ore as a basis for keeping the freight rate exceedingly high to other new customers ,to coerce them into marketing agreements. I think the price fixing practices of the Big 3 are something of great concern to China and fighting these practices will be a significant driver of Chinese investment in Iron Ore projects and offtake agreements. Looking at iron ore investment, as one would any other investment with complex factors that could influence the outcome, I think one significant risk that would otherwise be in place is to some extent neutralized. Under ordinary circumstance at the right place and time when the current cycle of iron ore development matures, it could be predicted that the big 3 will gang up and reduce the price so low as to try to drive newer producers out of business. This is longstanding business tradition. However the Chinese will keep any honest fair priced producers that they cannot buy out, in business ,because to lose them would mean getting gouged for iron ore northward of $200 a ton.

------------------------------------------------------------

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.696.055 von sinsala1986 am 03.02.12 16:32:09

Die marschiert aber schön und unauffällig.

[sinsala1986]

George Milton ist verstorben. RIP

http://www.legacy.com/obituaries/calgaryherald/obituary.aspx…

War/Ist ein größerer Shareholder von NML mit etwa 6,5 mio. shares.

[TimLuca [KommA]]

Hallo,

ich muss mir mal den Thread speichern....

Gruß
Stefan

[homer98]

Me 2, muss auch Thread speichern.

[sinsala1986]

Wir marschieren weiter und weiter

[sir_krisowaritschko]

schon recht beeindruckend.

[KaOzz]

Antwort auf Beitrag Nr.: 42.712.125 von sir_krisowaritschko am 07.02.12 13:45:22

wie der Kurs abgeht

[KaOzz]

New Millennium Updates on the Progress of Its Direct Shipping Ore Project and TSMC's Plan to Start Production by the End of 2012

CALGARY, ALBERTA--(Marketwire - Feb. 8, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX VENTURE:NML) updated on the progress to date of its direct shipping ore project ("DSO") and the planned start-up schedule of production by Tata Steel Minerals Canada (TSMC), a joint venture between NML and Tata Steel, in 2012. As per the attached schedule (Refer to Figure 1), the installation of the equipment is expected to be completed in Q4, 2012 followed by operation start up and ore production by year end.

Dean Journeaux, President & CEO of NML, said, "I am pleased to note that we are on track to move our first train to the Port before the end of this year. TSMC has not only ordered most major equipment, it has also awarded the major construction contracts. The first shipments of the DSO products will be an important milestone in NML's goal to become a significant producer of iron ore in this decade."

DSO Project Progress:

Procurement of Major Equipment:

Orders for the following major process equipment and long lead items have been placed:

Mineral sizing station
Jigs and Wet High Intensity Magnetic Separators (WHIMS)
Spiral Classifiers and Hydrosizers
Dewatering and Drying
Diesel Generators
Rail Cars

Construction and Production Start-up:

A rigid frame structural dome (Refer to NR 11-34, November 22, 2011) is being fabricated at the manufacturer's plant. Pre-cast concrete foundations have been cast and are being delivered to the site. The dome erection is expected to be completed in Q2, 2012. Referring to Figure 1, the installation of mechanical and electrical equipment is expected to start in Q3, 2012. The equipment will be progressively commissioned to enable starting of production before year end. Mine preparation work is expected to begin in Q3, 2012.

Rail Transportation & Port Logistics:

Referring to Figure 2, following progress has been achieved:

KéRail: 18 km long spanning from the Timmins Yard to Tshiuetin Railway (TSH) will be built by and operated by an Independent Rail operating company. An MOU has been signed with an Operator and final agreement is being negotiated. The construction is expected to start in Q2.
TSMC has signed an MOU to haul of its ore from Schefferville to Emeril Junction by TSH. Final agreement will involve financing of TSH's track rehabilitation program.
QNS&L: A life of mine tariff agreement has been signed with QNS&L to haul ore train from Emeril to Arnaud Junction (Refer to NR 12-05, January 30, 2012).
Rail cars are under fabrication and will be delivered progressively in Q3.
TSMC is negotiating with operators to handle its ore dumping, stockpiling and shiploading at Sept-Iles.
TSMC has an agreement with the Sept-Iles Port Authority (SIPA) for handling its ships over SIPA's docks. (Refer to NR 10-01, February 16, 2010).

About New Millennium

The Corporation controls the emerging Millennium Iron Range, located in the Province of Newfoundland and Labrador and in the Province of Quebec, which holds one of the world's largest undeveloped magnetic iron ore deposits. In the same area, the Corporation is also advancing its DSO Project to near term production. Tata Steel Limited, one of the largest steel producers in the world, owns approximately 27% of New Millennium and is the Corporation's largest shareholder and strategic partner.

Tata Steel has exercised its exclusive option to participate in the DSO Project and has a commitment to take the resulting production (see news release 10-16 dated September 14, 2010). Tata Steel also has exercised its exclusive right to negotiate and settle a proposed transaction in respect of the LabMag Project and the KéMag Project (see news release 11-09 dated March 6, 2011).

The Millennium Iron Range currently hosts two advanced projects: LabMag contains 3.5 billion tonnes of Proven and Probable reserves at a grade of 29.6% Fe plus 1.0 billion tonnes of Measured and Indicated resources at an average grade of 29.5% Fe and 1.2 billion tonnes of Inferred resources at an average grade of 29.3% Fe (see news release 06-13 dated July 5 2006 and news release 07-11 dated July 17, 2007); KéMag contains 2.1 billion tonnes of Proven and Probable reserves at an average grade of 31.3% Fe, 0.3 billion tonnes of Measured and Indicated resources at an average grade of 31.3 % Fe and 1.0 billion tonnes of Inferred resources at an average grade of 31.2% Fe (see news release 09-01 dated January 16, 2009).

NML's DSO project contains 64.1 million tonnes of Proven and Probable Mineral Reserves at an average grade of 58.8% Fe, 8.1 million tonnes of Measured and Indicated Mineral Resources at an average grade of 58.8% Fe, 7.2 million tonnes of Inferred Resources at an average grade of 56.8% Fe and about 40.0 - 45.0 million tonnes of historical resources that are not currently in compliance with NI 43-101 (see news release 09-03 dated February 11, 2009, news release 09-05 dated March 4, 2009, news release 09-16 dated December 9, 2009 and news release 10-12 dated July 8, 2010). A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, the Corporation is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.

The Corporation's mission is to add shareholder value through the responsible and expeditious development of the Millennium Iron Range and other mineral projects to create a new large source of raw materials for the world's iron and steel industries. For further information, please visit www.NMLiron.com, www.tatasteel.com and www.tatasteeleurope.com.

Dean Journeaux, Eng., and Thiagarajan Balakrishnan, P. Geo., are the Qualified Persons as defined in National Instrument 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release.

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.718.587 von KaOzz am 08.02.12 12:44:30

Hört sich gut an.

Offensichtlich läuft alles nach Plan.

[sinsala1986]

At the moment we're about:
1 Month away from drilling beginning at Lake Perrault and Howell's Lake
3 months away from a scoping study on Lac Ritchie
9 months away from DSO production...
about 8 months away from the feasibility study completion...
and about 12 months away from an investment decision by Tata.

[ironfahrrad]

http://www.wallstreet-online.de/nachricht/4547945-10baggerin…

New Millennium Iron auch nach Kursanstieg mit weiterem Potenzial

[sinsala1986]

mal genauer geschaut:

wusste gar nicht, dass die so nah nebeneinander liegen.

Cap-Ex Ventures liegt genau in der nördlichen Aussparung zwischem dem DSO-Projekt und LabMag, das größere Projekt von Champion Minerals liegt sehr nahe östlich von Iac Therese und Adriana Res. müsste knapp nördlich von Iac Ritchie liegen. Im Süden müsste noch eine bereits produzierende Mine von Labrador Iron Mines liegen (die haben aber sehr wenig Ressourcen).

[KaOzz]

Der Eisenmarkt ist für mich auch ein neues Terrain. Ich habe zwar hier und da was gehört, aber keine Ahnnung von Standortfaktoren für die Produktion, Preis-/ Angebots-/Nachfrageentwicklung oder der Wertung der News die released werden, etc...

(Manchmal ist es gut, wenn man weiß, was man nicht weiß)

Hier erstmal ein Outlook zum Eisenmarkt 2012:

---

2012 Iron Ore Market Outlook

February 8, 2012 @ 3:30 am In Feature Articles
By Robert Young - Exclusive to Iron Investing News [1]

2012 Iron Ore Market Outlook

Although the actual final figures are still unavailable, world steel consumption during 2011 has been estimated to be slightly above 1,500 million tonnes. That amount suggests a possible 6 percent demand in growth, but there is an expectation from some that the growth rate may slow down in 2012. These experts are saying that the rate in 2012 could be 4 percent. However, that figure could be low when compared to the growth rates of the last 15 years.

The Eastern Canadian and Asia Pacific iron ore sale volumes in 2012 are expected to reach around 12 million metric tons and 11 million metric tons, respectively. The outlook [2] for revenue per ton for Eastern Canadian iron ore is $135-145 metric tons, while the cash cost per ton is expected to be around $70-75 metric tons.

Positive outlook for iron ore

The reasons for these projections for the iron ore market are quite simple; to build the railroads, highways, tunnels, and other infrastructure needed by major cities in emerging markets, steel will be in strong demand.

In the US, for example, GDP growth was reported at 2.8 percent in the fourth quarter at a seasonally adjusted annualized rate. This is the strongest gain since the second quarter of 2010, but it fell short of economists' forecasts. That shortfall has fueled worries about US growth in 2012, as well as bets that the Federal Reserve will need to provide more help.

But consumer confidence in the US is seen as rising, and inflationary pressures appear to be calming. The housing industry is still in need of an injection of good news and sales, as residential housing prices continue to sit far below expectations.

While oil [3] prices buoyed on strong US manufacturing data, base metals gained on encouraging fundamental data trends. The base metals complex has rallied since the beginning of the year, but whether it is sustainable is open to discussion. Precious metals in particular extended their gains following the Fed's announcement that it would maintain its hold on interest rates. With the notable exception of cotton, agriculture commodities too gained with the support of positive external markets.

China's economic growth to increase demand

As for China, the big player in the world commodities market, December trade data continued to paint a picture of robust commodity demand. If China continues to come through with good economic numbers over the next quarters, that could reassure investors. China is estimated to have produced about 700 million tons of steel in 2011, compared with about 100 million in the US. Even if China's annual economic growth slows to 8 percent, this could amount to as big an increase in demand for iron ore as 10 percent would have a couple of years ago.

As mentioned earlier, even if China's economy does slow, it will probably still expand enough to push up demand for iron ore—demand that can't be met with the current supply the country has on hand.

China's crude steel production gained 8.9 percent last year to a record 683.3 million tons, the National Bureau of Statistics said on January 17. Annual production gained 10 percent in 2010 and 13 percent in 2009, after climbing 2.3 percent in 2008, according to the China Iron and Steel Association.

In a recently published article [4], Anglo American plc [5] (LSE:AAL [6]) Chief Executive Officer Cynthia Carroll said, “Iron ore prices may be ‘softer' in the first half before demand picks up in the second.” The London-based company produced 12.4 million tons of iron ore in the fourth quarter, an increase of 5 percent.

Angang Steel Co. [7] (HKEX:0347 [8]), the biggest Hong Kong-traded steelmaker, fell to a loss of 2.15 billion yuan ($339 million) last year, according to an estimate in a statement to the Hong Kong stock exchange. Maanshan Iron & Steel Co. [9] (HKEX:0323 [10]) and Nanjing Iron & Steel Co [11]. (SSE:600282 [11]) stated recently that their annual profits fell by more than 50 percent on weaker demand and lower prices.

http://resourceinvestingnews.com/31148-2012-iron-ore-market-…

[KaOzz]

Antwort auf Beitrag Nr.: 42.735.120 von sinsala1986 am 10.02.12 20:54:11

Hei Sinsala!

Hast Du ne Ahnung, wie es zu dem Abwärtstrend, der sich über ganz 2011 erstreckt, gekommen ist?

Du hast NML ja schon länger auf dem Radar und bei dem was so von dem Unternehmen erwartet wird, ist es ja schon etwas bedenklich, dass die Käufer sich derart zurückgehalten haben:



Allen einen schönen Start in die Woche!

[sir_krisowaritschko]

wenn ich meinen senf dazu geben darf, war das nach der übertreibung nach oben (spekulationsblase) anschließend das einsetzen der realität (konsolidierung). dabei wird oft auch nach unten übertrieben. bei vielen werten konnte man diese kursbewegung im letzen jahr gut beobachten. sowas sollte man sich für sein weiteres wirken an der börse gut hinter die ohren schreiben. ich habs jedenfalls getan.
auch gute werte mit potential kommen nach einem hype immer wieder zurück.

[sir_krisowaritschko]

zusätzlich war sicherlich das marktumfeld, danke euro und latenter us krise nicht das beste. dieser umstand trug ebenfalls dazu bei, dass viele fonds und investoren um "jeden" preis kasse machen wollten.

[KaOzz]

Antwort auf Beitrag Nr.: 42.740.055 von sir_krisowaritschko am 12.02.12 23:51:50

Ja, darfste

Okay, also lediglich die Korrektur eines Hypes mit Konsolidierungsphase. So sieht es eigtl. auch aus...

Danke Dir!

[sinsala1986]

Antwort auf Beitrag Nr.: 42.740.024 von KaOzz am 12.02.12 23:24:40

alles find u.a. damit an, dass Mitte September 2010 Tata Steel seine positive Investmententscheidung zu dem DSO-Projekt gegeben hat. Dann ist Tata Steel mit ins Board gekommen, das DSO-JV wurde gebildet, Jennings Capital hat den Broker Research übernommen, Tata Steel hat sich mit 27% an NML beteiligt, Heads of Agreement für LabMag und KéMag am 3. März 2011.

im Lauf der Ereignisse, die ich oben genannt habe, hat der Kurs +500% gemacht. Da ist es nur verständlich, dass nach solch einem kursverlauf Gewinne mitgenommen werden, besonders weil die weitere Entwicklung ja noch sehr viel länger dauern wird.

Aber soll uns ja nicht weiter stören, NML ist qualitative Substanz pur. Wenn Tata Steel die positive Investmententscheidung zu LabMag und KeMag gibt (davon gehe ich aus), dann ist diese Aktie langfristig gesehen ein Selbstläufer. Ich hoffe, dass das Management auf jeden Fall dann die 16% paid interest für das Taconite Projekt sich zusätzlich erkauft.

Und die ganzen anderen Projekte werden auch noch seeehhhr interessant.

[ThorVestor]

[sinsala1986]

weiter gehts:

NR1207
02/16/2012

New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that it has signed a contract with George Downing Estate Drilling Ltd of Grenville-Sur-La-Rouge, QC (the “Contractor”) for its 2012 drilling program on taconite exploration targets at the Perault Lake and Howells Lake properties (see news release 12-04 dated January 26, 2012). Drilling is planned to start at Perault Lake in early March (refer to Figure 1, location map). Three drills are currently being mobilized.

Dean Journeaux, NML’s President and CEO, said: “We are excited to follow up on our demonstration last year of the potential for a 90 km long mineralized zone spanning from KéMag to Perault Lake. We already believe we are Canada’s largest holder of NI 43-101 compliant iron ore resources and we now have the opportunity to expand our resource base to perhaps become one of the largest holders in the world. In addition to advancing our existing projects to production we are aggressively working to fully realize the strategic potential of our vast mineralized holdings. Given the favourable global iron ore conditions, particularly the continuing booming demand from Asia, we want to be in a position to consider development of another large taconite project.”

Perault Lake:
This area shows a prominent airborne magnetic anomaly (MIR-NL5) which is traced over a distance of 18 km and 1 to 1.5 km wide. In 2011 two holes for a total of 159 m were drilled at the north end of the anomalous area. One hole 11PL1002D drilled near the taconite-Menihek Shale contact intersected all the seven economic stratigraphic layers. The hole averaged 30.06% total Fe with DTWR 25.11%. The Davis Tube concentrate averaged 70.16% Fe and SiO2 1.63%. The second hole was drilled at the western edge of the taconite formation and intersected 12.1m of the bottom LRGC layer. The hole averaged 33.00% total Fe with 26.28% DTWR. The Davis Tube concentrate averaged 69.37% Fe and SiO2 1.88%. Approximately 4,500 m of drilling is expected tol be carried out in the Perault Lake area..

Howells Lake:
The taconite formation occurring in this area is believed to be the strike extension of the LabMag deposit, connecting to the KéMag deposit, and is approximately 10 km long. Airborne magnetic anomalies MIR-NL1 and MIR-NL2 cover this area. In 2006 one hole, 06HR1279D, was drilled in this area to check the grade of the iron formation (see news release 11-25 dated August 11, 2011). In 2011 three holes for a total of 347 m were drilled. Based on the four holes drilled to date, the Howells Lake taconite formation averages 31.26% total Fe with 29.37% DTWR. The Davis Tube concentrate averages 69.56% Fe and 2.77% SiO2. Approximately 2,000 m of drilling is planned in this area.

Dean Journeaux, Eng., and Thiagarajan Balakrishnan P.Geo., are the Qualified Persons as defined in National Instrument 43-101 who have reviewed and verified the scientific and technical mining disclosure contained in this news release.

http://www.nmliron.com/news-media/news-releases/nr1207

[sinsala1986]

der satz vom CEO aus der News gefällt mir besonders:

We already believe we are Canada’s largest holder of NI 43-101 compliant iron ore resources and we now have the opportunity to expand our resource base to perhaps become one of the largest holders in the world.

[sinsala1986]

http://miningscout.de/Kolumnen/Strategische_Investition_Kana…

Strategische Investition - Kanadische Regierung investiert 55 Mio. CAD in den Eisenerzhafen Sept-Îles

Gute Nachrichten für Eisenerzfirmen, die im kanadischen Labrador Trough in den Provinzen Quebec und Labrador tätig sind: Die Regierung Kanadas hat erklärt, sich mit einem hohen Millionenbetrag an der Modernisierung des Tiefwasserhafens von Sept-Îles zu beteiligen.

Sept-Îles ist ein für das gesamte Land strategischer Hafen, der insbesondere von großer Bedeutung für den Überseehandel ist. Es soll dort ein neues, für zahlreiche Nutzer zugängliches Tiefwasserdock errichtet werden, das nach Ansicht von Pierre D. Gagnon, CEO der Hafengesellschaft von Sept-Îles, die Errichtung mehrer neuer Eisenerzminen in Quebec und Labrador möglich und wirtschaftlich macht.

Die kanadische Regierung hatte gestern bekannt gegeben, dass man bis zu 55 Mio. Dollar in den Bau des neuen Tiefwasserdocks investieren will, das mit zwei Ladevorrichtungen und Förderbändern ausgestattet werden soll. Das soll es dem Hafen ermöglichen, die globalen Verschiffungsstandards der Eisenerzbranche zu erfüllen. Eisenerz ist der nach Volumen am häufigsten von Sept-Îles aus verschiffte Rohstoff und der Hafen von Sept-Îles ein wichtiger Teil des so genannten Continental Gateway-Systems Kanadas.

Dabei handelt es sich um den aktivsten Handelskorridor des nordamerikanischen Landes, über den per Straße, Schiene, Luft und Wasser mehr als 74% von Kanadas internationalem Handel abgewickelt wird. Seit 2007 hat die Bundesregierung des Landes bereits mehr als 2 Mrd. Dollar in die Verbesserung der Transportinfrastruktur von Quebec investiert, um eben diesen internationalen Handel zu unterstützen. Diese Investitionen verbessern die Handelsbeziehungen nach Nordamerika und auf die globalen Märkte.

Gerade für den Eisenerzsektor ist eine gute Infrastruktur von herausragender Bedeutung, da die Transportkosten einer der entscheidenden Faktoren für die Produktionskosten des zur Stahlherstellung genutzten Rohstoffs sind.

Auch die von uns beobachteten Eisenerzexplorer und Projektentwickler Champion Minerals (WKN A0LF1C) und Cap-Ex Ventures (WKN A1H64E) dürften von den Investitionen in den Hafen von Sept-Îles profitieren, da der Zugang zu den dortigen Kapazitäten somit deutlich erleichtert werden dürfte. Natürlich wird es – insbesondere bei Cap-Ex Ventures – noch lange dauern, bis eine mögliche Produktion anläuft, doch je früher solche Fragen geklärt sind, um so besser.

[sinsala1986]

iron, deine stelle is immer noch offen, nun bewirb dich sonst kommt der ganze zeitplan fürs DSO-Projekt durcheinander :-D

http://www.infomine.com/careers/jobs/job659149/occupational.…

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.762.912 von sinsala1986 am 16.02.12 19:27:56

Die suchen eine nurse - Krankenschwester -

Ich bin aber ein Krankenbruder

Schön aufwärts heute, gelle

[sinsala1986]

Raymond James Researches

vom 05.01.11 --> http://www.andrewjohns.ca/sites/default/files/NML010511c_124…
vom 18.01.11 --> http://www.andrewjohns.ca/sites/default/files/NML011811c_183…
vom 07.03.11 --> http://www.andrewjohns.ca/sites/default/files/NML030711c_092…
vom 02.02.12 --> http://www.investorvillage.com/uploads/57919/files/rjjjjjr.p… --> mit speziellem Augenmerk auf Alderon Iron Ore, Champion Minerals und New Millennium Iron --> 6-12 Month Price Target für NML = 3.50 CAD$

[sinsala1986]

Lauf Forrest, Lauf!!!



und ich wollte heute morgen noch unter 2,05€ rein.

[sir_krisowaritschko]

ohne worte!!!

[KaOzz]

Antwort auf Beitrag Nr.: 42.785.007 von sir_krisowaritschko am 21.02.12 20:34:21

Gab's auch bei anderen Werten heute, aber keine Ahnung, was dafür ursächlich war :P

[sir_krisowaritschko]

naja ich meine nicht nur heute. die gesamten wochen zuvor war der kursanstieg echt schick!!!

[KaOzz]

Antwort auf Beitrag Nr.: 42.785.360 von sir_krisowaritschko am 21.02.12 21:30:20

Ja, absolut!

Die Käufer haben den Widerstand zwischen 2,10 und 2,75 echt ohne großes Gezerre überwunden... der Kurs rast quasi auf das ATH zu.

Wenn der Markt nicht so überhitzt wäre, würde ich mir hier die Taschen mit NML vollhauen, aber ich erwarte eigentlich jeden Tag ne kalte Dusche :P

Die Rohstoffe steigen (moderat) an wegen dem Gr-Bailout und die Aktienindizes fallen, nur ein paar Rohstoffaktien explodieren förmlichst...


Copper Gains for Second Day as Metals Climb on Greece Agreement
February 21, 2012, 5:03 AM EST

http://www.businessweek.com/news/2012-02-21/copper-gains-for…



Copper Mart Deficit Seen Running through 2012
By Philip Burgert

February 11, 2011

http://www.resourceinvestor.com/2011/02/11/copper-mart-defic…

[sir_krisowaritschko]

naja ich habe eh keine kohle frei. selbst wenn, dann würde ich keinesfalls, auch wenn hier noch lange nicht die fahnenstange erreicht zu sein scheint, in steigende kurse investieren. da bin ich geheilt. zu gucken ist derzeit schon schön genug gibt andere werte die noch nicht abgefahren sind. vielleicht kommt nml nochmal zurück. einfach abwarten.

[KaOzz]

Antwort auf Beitrag Nr.: 42.785.670 von sir_krisowaritschko am 21.02.12 22:28:23

Naja... manchmal muss man in steigende Kurse investieren, weil Geld frei wird oder man umdisponieren muss und irgendwann spekuliert man ja auch mal auf ne Korrektur oder ne Baisse, die dann doch nicht kommt und dann läuft man dem Kurs doch wieder hinterher...

[sir_krisowaritschko]

deswegen hab ich mir in den letzten zwei jahren, meiner einschätzung nach, unternehmen mit potential aus den bereichen eisen, gold, silber und kupfer auf die watch gelegt. wenn man sich nur auf ein oder zwei werte fixiert dann ist man immer in der zwickmühle sich nach dem aktuellen kurs richten zu müssen. wenn man mehrere vergleichbare unternehmen der selben branche auf der watch hat kann man immer wieder mal vorkommende extreme konsolidierungen ausnutzen, siehe im bereich eisen carpentaria exploration.
hatte halt berufsbedingt das letzte jahr sehr viel zeit. nach dem was ich so gesehen habe kommen selbst in den meisten fällen werte mit potential wieder zurück. sicherlich gibts ausnahmen... siehe z.b. silver lake, endeavour Silver oder im bereich aber das kann man eben voher nie wissen.

[ironfahrrad]

New Millennium Announces Signing by TSMC of an Impact and Benefit Agreement with the Innu Takuaikan Uashat mak Mani Utenam of Sept-Iles, Quebec
CALGARY, ALBERTA--(Marketwire - Feb. 28, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today the signing of an Impact and Benefit Agreement ("IBA") between Tata Steel Minerals Canada Ltd. ("TSMC"), a joint venture between NML and Tata Steel Limited, and Innu Takuaikan Uashat mak Mani Utenam ("ITUM") of Sept-Îles, Quebec. The "life of mine" agreement promotes and governs a mutually beneficial development of TSMC's direct shipping iron ore ("DSO") project located in north eastern Quebec and western Labrador, near Schefferville, Quebec.

The IBA establishes the processes and sharing of benefits that will ensure an ongoing positive relationship between the parties. In return for their consent and support of TSMC's DSO project, ITUM will benefit through training, employment, business opportunities and financial participation in the project.

The IBA was signed on February 9th, 2012, at Uashat by ITUM Chief Georges-Ernest Grégoire and Mr. Rajesh Sharma, Managing Director and CEO of TSMC. The agreement with ITUM is the fourth and final IBA concluded with regard to the DSO Project. A first IBA with the Naskapi Nation of Kawawachikamach ("NNK") was concluded on June 10th, 2010, a second IBA with the Nation Innu Matimekush-Lac John ("NIMLJ") on June 6th, 2011, and a third IBA with the Innu Nation of Labrador ("IN") on November 11th, 2011.

Rajesh Sharma, Managing Director and CEO of TSMC, said "This IBA is the result of a continuous dialogue over several years between ITUM, NML and subsequently TSMC. The parties have worked diligently to arrive at a mutually beneficial agreement. Through this IBA, we commit to implement the project in a manner that safeguards the environment and provides ITUM with social and cultural protection."

Chief Georges-Ernest Grégoire expressed his satisfaction with the conclusion of the agreement which sets the groundwork for the important work ahead in strengthening the relationship between TSMC and ITUM, while ensuring economic benefits for the Community, based on new emerging international norms guiding relationships between the mining industry and Indigenous Peoples.

Dean Journeaux, President and Chief Executive Officer of NML, said "NML is pleased that TSMC has successfully concluded all of the IBAs with the First Nations. They reflect many years of positive relationship building and NML congratulates TSMC and the First Nations in setting the stage for the further development of the large Taconite projects to come."

[sinsala1986]

Analyst Actions: New Millennium Iron Corp Downgraded to Neutral, But Target Price Raised at Credit Suisse

Quelle: http://community.nasdaq.com/News/2012-02/analyst-actions-new…

Share price rally makes value less apparent; DOWNGRADING to NEUTRAL (from Outperform); Revising TP to C$2.95 (from C$2.10)

We are downgrading our rating to NEUTRAL from Outperform after a share-price rally which now sees NML up nearly 100% YTD, and having made it the best performing stock in the North American iron ore sector. We are still positive on the NML story and the management team, but at current levels we feel it is fully priced. Our preferred long iron ore positions are LIM.TO (C$8.40/sh TP) and LIF_u.TO (C$47.50/sh TP) both rated OUTPERFORM.

NML has reacted positively in recent times to 1) exploration success outside of the Tata Steel JV's, as well as 2) an announcement from the Federal Government regarding a $55mn commitment to the multi-user berth at Sept Iles. We are positive on the exploration story, but urge caution around the multi-user berth project on the basis that we see it unlikely that the project will commence while the bulk of the proponent projects are unfunded and not yet at BFS. Potential proponent projects are reviewed in this note.

Catalysts with potentially positive share-price implications include: a maiden Lac Ritchie NI 43-101 resource published (JunQ2012) and a port agreement with CLF or IOC (2012). Catalysts with potentially negative share price implications include: updates on the hematite project schedule, with risk of slippage around current Q1 2013 / 100% ramp up target.

Our previous C$2.10/sh target price was based on a DCF capturing only KeMag/LabMag and DSO Hematite valuations. We now include $144mn, or C$0.82/share, for exploration potential outside of these projects and the Tata Steel JVs which lifts our target price to C$2.95/share from C$2.10/share. On a 'spot into perpetuity' scenario, our current equity model generates a risk weighted valuation of C$4.32/share.

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.820.864 von sinsala1986 am 28.02.12 19:28:16

Schade. Kurs schön abgeschmiert.

[sinsala1986]

Das dürfte doch jetzt für die interessant sein/werden, die auf rücksetzer spekulieren.

Ich bin nun vollinvestiert.

Mfg
Sinsala

[Frieder2901]

Sind hier Charttechniker? Wann sollte man mit einem Nachkaufen einsteigen? Bin seit 2 Jahren dabei und möchte gern aufstocken. Ich halte 1,80 bis 1,90 $ für einen guten Zeitpunkt. Dort sollte ein Widerstand sein. Kann aber keine schönen Charts einstellen.

[sinsala1986]

also ich bin kein chartprofi, aber ich würde das so sehen:



wenn die mittlere unterstützungslinie bricht, gehts vermutlich auf die untere runter. kommt aber jetzt auch drauf an, wann welche news wieder anstehen, die einen schub geben könnten.

mfg
sinsala

[cervical]

Experten erwarten Entstehung neuer global bedeutender Eisenerzregion in Kanada

...Auch Raymond James betrachtet Champion Minerals positiv und bewertet die Aktie mit „outperform". Genau wie die Papiere von New Millennium Iron (WKN A1JB2V), das einen Partner im indischen Stahlkonzern Tata Steel gefunden hat - ein Zeichen, so die Experten, dass ein Großer der Branche die Lagerstätten überprüft und für gut befunden hat...

http://www.goldinvest.de/index.php/experten-erwarten-entsteh…

[Frieder2901]

Danke.
D.h. im Moment abwarten, ob die Linie hält, die wenn ich das richtig sehe bis Mai2011 hinüberreicht und eigentlich einigermaßen stabil sein sollte.

[ironfahrrad]

Aus Stockhouse

New Millennium Engages Outotec to Design Pelletizing Plant for the Taconite Project and Updates on Project Development Status

CALGARY, ALBERTA--(Marketwire - March 29, 2012) - New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that the Corporation has engaged Outotec ("Outotec") (OMXH: OTE1V), a leading provider of technology solutions for the processing of minerals and metals, to provide feasibility engineering for the pelletizing plant facility for the Taconite Project Feasibility Study ("Study"), currently being undertaken jointly by NML and Tata Steel. Outotec has commenced work on the study and it is expected that the contract will be successfully negotiated over the next few weeks. Outotec will work closely with the Study Manager SNC-Lavalin (see news release 11-36 dated December 1, 2011) to provide the necessary input for the completion of the Study.

Dean Journeaux, President and CEO of NML, said: "The engagement of Outotec is a welcome addition to our engineering team. Outotec is currently involved in the development of the world's largest pelletizing plant for a Brazilian company, but also because they have a very long history in providing pelletizing technology." He added that NML's goal is to be a low cost producer of quality pellets to meet the requirements of potential customers. In addition to supplying Tata Steel Europe's plants, NML and Tata Steel are in discussions with interested steelmakers regarding their off-take requirements. By employing state of the art equipment design, NML is expected to be placed amongst the most competitive suppliers of pellets in the seaborne market."

Project Development Status:

Pilot plant tests are currently underway at the German Steel Industry Association's (Studien Gesellschaft für Eisenerz-Aufbereitung - "SGA") facilities, located in Northern Germany. Various grades of pellet feed are expected to be produced during the months of March and April for pelletizing tests. Pot grate tests are expected to be conducted in Q2/2012, in conjunction with Outotec, to produce different types of high quality pellets. The products are anticipated to meet the requirements of both blast furnace (BF) iron and direct reduced iron (DRI) producers. These tests will also yield design parameters for Outotec to configure two 816 sq. meter travelling grates. Pellets produced in the pot grate furnace will be supplied for evaluation purposes to interested steelmakers.

[sinsala1986]

Antwort auf Beitrag Nr.: 42.975.464 von ironfahrrad am 29.03.12 19:14:04

Outotec dürfte dir ja von Indo Mines ein Begriff sein.

Die Welt ist klein. ^^

[ironfahrrad]

Antwort auf Beitrag Nr.: 42.976.148 von sinsala1986 am 29.03.12 21:05:42

Na klar kenne ich outotec.

[ironfahrrad]

News

http://www.nmliron.com/data/attribute/upload/NR1211.pdf

[ironfahrrad]

http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=…

[cervical]

Spannenden Zeiten

New Millennium Iron - Auf dem Weg zum Eisenerzproduzenten

New Millennium Iron (WKN A1JB2V) ist auf dem besten Weg zum Eisenerzproduzenten aufzusteigen und verfügt zudem über die größten Eisenerzvorkommen Kanadas auf seinen Projekten im Norden der kanadischen Provinz Quebec.

Die Produktion auf dem DSO-Projekt des Unternehmens in der Nähe der Stadt Schefferville – als DSO (Direct Shipping Ore) bezeichnet man Eisenerz, das einen so hohen Eisengehalt hat, dass es nur geringfügig verarbeitet werden muss, bevor es ausgeliefert werden kann – soll Ende 2012 anlaufen. Die indische Tata Steel, einer der größten Stahlhersteller der Welt, besitzt 27% von New Millennium und 80% des DSO-Projekts. Die restlichen 20% liegen bei New Millennium.

Das Unternehmen verfügt zudem über zwei andere Projekte im so genannten Labrador Trough, einer mehr als 1.000 Kilometer langen und 160 Kilometer breiten geologischen Struktur, die reich an Eisenerz ist. Erst am vergangenen Montag hob New Millennium die Ressourcenschätzung für sein Lac Ritchie-Projekt auf 3,3 Mrd. Tonnen in der Kategorie angezeigt an, während die geschlussfolgerte Ressource nun bei 1,4 Mrd. Tonnen liegt.

Lac Ritchie ist Teil von New Millenniums Exploration-Liegenschaft, die auch die Gebiete Howells Lake und Perault Lake umfasst, und macht die Vorkommen des Unternehmens zu den größten, zertifizierten Eisenerzvorkommen Kanadas. Zwei weitere Vorkommen,
LabMag und Kémag, bestehen auf dem Taconite-Projekt des Unternehmens im Norden von Quebec und Labrador. LabMag liegt in Labrador, während KéMag im Norden Quebecs liegt. Alle Projekte von New Millennium liegen in einem Teil des Labrador Trough, der Millennium Iron Range genannt wird und das Unternehmen kontrolliert diesen 210 Kilometer langen magnetischen Eisenerzgürtel.

Das Plan Nord-Projekt, ein auf 15 Jahre und 80 Mrd. Dollar angelegtes Bergbauprojekt der Regierung von Quebec, deckt 72% des Territoriums der Provinz nördlich des 49. Breitengrads an, ein Gebiet, in das auch New Millenniums Projekte fallen. Man sei in enger Verbindung mit der Provinzregierung, was Plan Nord betreffe, heißt es von New Millennium. Das sei offensichtlich positiv, insbesondere die angedachten Infrastrukturinvestitionen. Die Regierung von Quebec verpflichtete sich zu Infrastrukturinvestitionen in Höhe von 1,193 Mrd. Dollar über fünf Jahre, nachdem man den Plan Nord bekannt gegeben hatte.

In der letzten Budgetveröffentlichung von Quebec gab die Regierung ein mehrere Milliarden Dollar schweres Abkommen zwischen der Caisse de dépôt et placement du Quebec und der Canadian National Railway Co. bekannt, das die Schaffung einer 800 Kilometer langen Bahnverbindung zwischen dem Labrador Trough und dem Hafen von Sept-Iles zum Zweck hat.

Da der Transport ein sehr wichtiger Faktor für die Eisenerzproduzenten ist, unterstützt auch New Millennium diese Pläne, doch untersucht man auch die Möglichkeit eine Pipeline zu errichten. Das wäre nach Ansicht des Unternehmens eine wesentlich günstigere und einfachere Möglichkeit das Eisenerz zu transportieren. Man überlege diese Möglichkeit, die in anderen Ländern wie Brasilien, Indien und Australien bereits eingesetzt werde, auch nach Kanada zu bringen. Darauf konzentriere man sich in den Machbarkeitsstudien für die New Millennium-Projekte, man werde aber die Bahntransportpläne keineswegs ignorieren.

http://www.goldinvest.de/index.php/new-millennium-iron-auf-d…

[sinsala1986]

Analyst Actioins: Credit Suisse On New Millennium Iron Corp's 4.76 bt Lac Ritchie surprise

http://community.nasdaq.com/News/2012-04/analyst-actioins-cr…


NML.TO's maiden resource at the Lac Ritchie property of 3.33 bt Indicated and 1.437bt Inferred (4.77bt total) exceeded our expectations. On an attributable and contained iron basis, NML.TO's in situ resources are now larger than Anglo American's and Atlas Iron's. The full report provides a global summary of resource backing by company.

The Lac Ritchie resource is 100% NML.TO owned, unlike NML's other assets which are (or will be) majority owned and controlled by Tata Steel. The strategic optionality of a resource such as this Lac Ritchie is tremendously exciting.

Adriana Resources (ADI.V), Alderon Iron Ore (ADV.TO), Century Iron (FER.TO), Champion Minerals (CHM.TO) and Oceanic Iron Ore (FEO.V) have a combined market cap of $881mn - more than twice that of NML's, yet the combined resources of these 5 peers (2.376bt) is less than that of NML's alone (2.461bt) on an attributable contained iron basis.

The next resource update form NML will likely be for Perault Lake. Management see potential for the Milllennium Iron Range to be a 20bt camp - so far resources of 14bt have been announced. More broadly, 2012 is about construction of the DSO hematite project to time and budget. In our view, success in this regard would demonstrate to investors the merits of NML's relationship with Tata Steel, and the benefits of a more thorough and detailed engineering oriented approach.

We already have $0.84/sh in our valuation for Lac Ritchie / Perault Lake, and until the region and this project gets a little more clarity on infrastructure solutions we feel this is probably appropriate.

Read more: http://community.nasdaq.com/News/2012-04/analyst-actioins-cr…

[Popeye82]

Zitat von sinsala1986: Adriana Resources (ADI.V), Alderon Iron Ore (ADV.TO), Century Iron (FER.TO), Champion Minerals (CHM.TO) and Oceanic Iron Ore (FEO.V) have a combined market cap of $881mn - more than twice that of NML's, yet the combined resources of these 5 peers (2.376bt) is less than that of NML's alone (2.461bt) on an attributable contained iron basis.

Klar, mag stimmen. Aber zum Beispiel Champion Minerals und Aderon Iron Ores Eisenresourcen sind m.A.n. einiges attraktiver. Das "kann" dann halt auch eine Wertung des Marktes genau dessen sein.

Wobei, bin mir nicht ganz sicher ob die Rechnung hinkommen dürfte -alleine Champion Minerals hat 82.5% an ~2.800.000.000, Alderon Iron Ore >1.050.000.000 und Adriana Resources 40% an >6.200.000.000 Tonnen. Wenn sie nicht die Tonnage, sondern wirklich nur enthaltene das Eisen, +bereinigt um JV-Anteile, meinen, dann kööönnte es hinkommen -aber selbst dann scheint es mir etwas zu wenig sein(??).

Gruß
P.

[Popeye82]

Zitat von sinsala1986: Adriana Resources (ADI.V), Alderon Iron Ore (ADV.TO), Century Iron (FER.TO), Champion Minerals (CHM.TO) and Oceanic Iron Ore (FEO.V) have a combined market cap of $881mn - more than twice that of NML's, yet the combined resources of these 5 peers (2.376bt) is less than that of NML's alone (2.461bt) on an attributable contained iron basis.

War glaube ich schon etwas zu müde. Steht ja genau da , dann dürfte das wahrscheinlich hinkommen. Somit ist der 2te Teil von meinem Schreiben hinfällig.

Gruß
P.

[manffreddoo]

....nur noch 20 cents weiter runter und wir haben 50% miese.....vom letzten Top.
EINSTEIGEN?

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.077.199 von manffreddoo am 23.04.12 19:21:27

Den günstigsten Zeitpunkt zu erwischen ist ja sehr schwierig.

Ich würde hier noch ein wenig warten.

Aber nicht ärgern, falls er doch wieder steigen sollte.

[sir_krisowaritschko]

was liegt eigentlich demnächst hier an?
hab derzeit nich die zeit mich hier weiter einzulesen.

[ironfahrrad]

News

http://tmx.quotemedia.com/article.php?newsid=51034318&qm_sym…

[sinsala1986]

Werd mich die tage mal wieder bei nml eingraben

[ixurt]

Antwort auf Beitrag Nr.: 43.133.361 von ironfahrrad am 08.05.12 05:40:15

An die Experten: Hi Sinsala... hi Iron...

Warum dieser verstärkte Kurseinbruch heute (ca. -8%) ?

Die Perspektive ist m.E. doch eigentlich sehr aussichtsreich, oder ?

Jedoch der Kursverlauf straft meine Sichweise Lügen (?)...

seit Februar ca. 50% Preisnachlass pro Share...

Ist die Performance dem Gesamtmarkt geschuldet oder gibt es irgendwelche News die diesen Kursverlauf rechtfertigen ?

ist die Mkap denn zu hoch?...

finde den Kurs nun eigentlich schon sehr attraktiv...

liebe Grüße
ixurt

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.164.101 von ixurt am 14.05.12 21:28:43

Ich habe leider keine Erklärung und bin frustriert

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.168.703 von ironfahrrad am 15.05.12 18:23:27

Nach drei "Pastis" sieht die Welt schon wieder bessser aus.
Hurra, wir leben noch.

Bin heute drei mal mit meinem MTB über Kopf gegangen.
Beim letzten Mal lag ich im Dornenstrauch.

Was bedeuten da schon sch... Aktienkurse.

Gruß aus der Provence.

[ixurt]

Antwort auf Beitrag Nr.: 43.169.356 von ironfahrrad am 15.05.12 20:28:38

Iron...

dass ist es...
noch ein paar mehr "Pasties" und Du rettest die Börsen der ganzen Welt, grins...

wünsche Dir viel Spaß bei deiner Tour durch die wilde unerschlossene Provence...
die Landschaft muss atemberaubend sein...
dazu die herrlische Stille und der noch herrlischere Wein... jam jam...

PS.
Freunde gaben mir den Tipp dass die ADT Vaucluse interessante Tourenvorschläge kostenlos zur Verfügung stellt (provence-tourismus.de)...

schönen Resturlaub noch... trotz deiner Blessuren...

Gruß
ixurt

[sinsala1986]

Antwort auf Beitrag Nr.: 43.169.542 von ixurt am 15.05.12 21:05:43

das hier ist ein guter artikel für das verständnis der aktuellen situation:

http://www.321gold.com/editorials/moriarty/moriarty051012.ht…

man kann das sehen wie man will, aber die herde will momentan einfach raus aus dem rohstoffsektor, zwar nicht fluchtartig (siehe mini-volumen) aber pö a pö. da ist es denen nun mal egal, ob es ein qualitativ guter wert ist, da zieht einer nach dem anderen die reißleine.

momentan kann man echt froh sein, wenn man eine aktie hat, die nicht über 50% eingebrochen ist.

ich habe bei nml nachgefragt, wieviele tage im jahr die dort überhaupt produzieren können. das kam als antwort:

"Actual mining at the DSO project will vary according to weather conditions, but processing and production will be a year round operation. The ability to produce throughout the year is a key advantage that NML enjoys with its project. The Company is building a dome to cover its facilities so that it can maximize annual production. From the start of project engineering the company has pursued the most operating efficient strategy and, although it required higher capital costs than cheaper options that limit production to a half year, the Company will now enjoy lower operating costs."

und dass die laut letzter news zum DSO-projekt zusätzliche ressourcen aufbauen wollen, zeigt mir, dass sie das maximum aus dem DSO-projekt rausholen wollen.

der weitere zeitplan für das dso-projekt:



bei der jv-homepage hat man jetzt auch mehr sachen hochgeladen:

http://www.tatasteelcanada.com/en/

im jahresbericht drückt NML das auch richtig aus:

"The Taconite Project is the real company builder." --> das wichtigste überhaupt, was dieses jahr ansteht, ist für mich nicht der DSO-Produktionsbeginn. mir wäre es auch egal, ob der wegen irgendwelchen womöglichen schwierigkeiten nach hinten verschoben wird. DAS wichtigste dieses jahr ist die machbarkeitsstudie und dem Taconite projekt (labmag + kémag) und dann, was Tata Steel macht. Wenn die da auch einsteigen, dann ist das echt der Jackpot.


-----------------------------------------


ist eigentlich schon mal einem der erstaunliche syncrhone chartverlauf zwischen den beiden aufgefallen?

New Millennium Iron (links) vs. Champion Minerals (rechts) im Chartvergleich:



mfg
sinsala

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.170.053 von sinsala1986 am 15.05.12 22:38:11

Sinsala, ausdrücklichen Dank für deine intensiven Recherchen.

Weiss gar nicht, wie und wo du das immer so ausgräbst?

Ich bleibe dabei.


Jo

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.169.542 von ixurt am 15.05.12 21:05:43

Sind ja nur Schrammen.
Das schlimmste war, wieder aus dem Busch rauszukommen.
Man kann nirgends hingreifen.
Die seite studiere ich gleich.

[ixurt]

Antwort auf Beitrag Nr.: 43.170.053 von sinsala1986 am 15.05.12 22:38:11

Antwort auf Beitrag Nr.: 43.170.053 von sinsala1986 am 15.05.12 22:38:11Sinsala, ausdrücklichen Dank für deine intensiven Recherchen.

Weiss gar nicht, wie und wo du das immer so ausgräbst?

Ich bleibe dabei.


Jo


da kann und darf ich mich iron nur noch anschließen:
auch meinen herzlichen Dank, super Recherche, wie immer von Dir

Gruß
ixurt

[sinsala1986]

Antwort auf Beitrag Nr.: 43.176.548 von ixurt am 17.05.12 10:24:34

der CEO von NML im Interview mit John Budden im Radio:

http://www.cfra.com/chum_audio/bizatnight.dean.journeaux.12.…

interessantes aus dem interview:
der ceo erwähnt, dass das DSO-projekt $400 mio. kosten wird. das sind $65 mio. mehr als der letzte mir bekannte wert. d.h. aber auch, dass Tata Steel die $300 mio. mitbringt und der rest da drüber hinaus im JV-verhältnis 80/20 geteilt wird. NML's müsste also noch $20 mio. aufbringen, bei einem working capital von über $100 mio. dürfte das kein problem sein.

[cervical]

http://www.goldinvest.de/index.php/kanadische-eisenerzfirmen…

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.241.994 von cervical am 02.06.12 12:52:37

Von der Homepage vom 31.05.2012

http://www.nmliron.com/news-media/news-releases/nr1214

[Popeye82]

Zitat von sinsala1986: ist eigentlich schon mal einem der erstaunliche syncrhone chartverlauf zwischen den beiden aufgefallen?

Hallo Sinsala,

Finde ich auch total erstaunlich. Suggeriert ja irgendwie, finde ich, dass die "Unternehmenshintergründe/Stories" seeehr ähnlich sind -und die Charts dann zu einem großen Teil auch von der Eisenpreisentwicklung beeinflusst sind.

Das dem(1ter Teil) nicht so ist wissen wir ja alle.

Andere Vorschläge/"Theorien" dazu??

Gruß
P.

[ironfahrrad]

Interessanter Artikel


http://www.mining.com/2012/05/29/why-a-remote-area-in-canada…

[cervical]

Die kanadischen Profiteure sind gegenwärtig vor allem im Eisenerzsektor zu finden
Ein lukrativer Rohstoffsektor, der bereits mittelfristig von den gigantischen Investitionen profitieren wird, ist der Eisenerzsektor in Quebec und Labrador. Mehr wie 2,1 Milliarden US Dollar sollen bereits in den nächsten 5 Jahren in den Ausbau von wichtigen Transportstrecken gesteckt werden. Diese Investitionen werden die Explorations- und Entwicklungskosten der Rohstoffprojekte senken und werden sich generell positiv auf die prognostizierten Kosten der geplanten Minen (CAPEX) auswirken.

Auch im Osten von Quebec werden diese Pläne mit großer Freude aufgenommen. Hier an der Grenze zu Labrador liegt das weltbekannte Miningcamp Fermont, das als Kanada’s wichtigstes Eisenerzterritorium gehandelt wird. Das Fermont Camp gilt seit längerer Zeit als Heimat von vielen Eisenerzunternehmen, da die gefundenen Vorkommen dort besonders groß und bedeutend sind.

Die meisten in Fermont tätigen Unternehmen besitzen schon fortgeschrittene Projekte, die eine detaillierte Ressourcenschätzung und eine aussagekräftige, wirtschaftliche Studie vorweisen können. In dieser Region betreibt auch der weltgrößte Stahlproduzent ArcelorMittal (WKN A0M70E) Eisenerzminen. Den eifrigen Weg zum Produzenten wollen einige ansässige Unternehmen die nächsten Jahre anstreben. Champion Minerals (WKN: A0LF1C) besitzt z.B. das Fire Lake North Projekt, das nach der vorläufigen Wirtschaftlichkeitsstudie bis zu 10 Millionen Tonnen Eisenerzkonzentrat über eine Minenlaufzeit von 40 Jahren produzieren kann. Weitere, aussichtsreiche Projekte entwickeln beispielsweise Alderon Iron Ore (WKN A1JL1G) oder der diversifizierte Seniorproduzent Cliff Natural Resources (WKN A0RBDY).

Nahe dem Ungava Becken, an der nördlichen Ostküste von Quebec, stieß man schon in den 70er Jahren auf bedeutsame Eisenerzformationen. In dieser Gegend ist z.B. Oceanic Iron Ore Corp. (WKN A1H4L6) sehr aktiv. Oceanic hat die letzten Jahre mehrere Bohrprogramme erfolgreich abgeschlossen und konnte eine ansehnliche Eisenerzressource definieren, die gegenwärtig rund 500 Millionen Tonnen Eisenerz umfasst. Inmitten von Oceanic’s Liegenschaften hat sich ein junger Eisenerzexplorer namens Arrowstar Resources (WKN A1JU5Y) letztes Jahr Konzessionen gesichert. Diesen Sommer sollen die ersten Explorationsprogramme aufgenommen werden.

http://www.miningscout.de/Kolumnen/Quebec_s_Plan_Nord_Was_st…

[ironfahrrad]

http://www.nmliron.com/news-media

New millenium Investor Presentation 06.06.2012

Drlling
06/11/2012 Drlling at Perault Lake

[ironfahrrad]

http://www.nmliron.com/data/attribute/upload/20120604%20Inve…

v. 06.06.2011

Auf der Homepage

Drilling
06/11/2012 Drlling at Perault Lake

[sinsala1986]

artikel über nml im canadian business journal

http://www.cbj.ca/business_in_action/june_12/new_millennium_…

[manffreddoo]

Hi,
hätte im Traum nicht gedacht nochmals so preiswert hier einkaufen zu können.....
M.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.289.236 von manffreddoo am 15.06.12 19:53:35

das DSO-Projekt kommt weiter voran:

von der JV-HP:

"June 14, 2012: The dome erection started on June 14. The dome is steel structure with fabric roof covering with a span of 106 meters. The structure consists of 38 arches and first phase will take about a month to erect."

Die einzelnen Teile der Außenkonstruktion für den Dome


Das Camp


Fundamentblöcke


Weitere Vorbereitungsarbeiten

[KaOzz]

Antwort auf Beitrag Nr.: 43.295.677 von sinsala1986 am 18.06.12 19:27:51

schöne Bilder

[cervical]

Zitat von sinsala1986:

[KaOzz]

Die 16 % heute fühlen sich an wie Regen, der auf ausgetrocknetem Boden niedergeht...

[sinsala1986]

Antwort auf Beitrag Nr.: 43.297.001 von cervical am 19.06.12 09:35:08

eine kurze broschüre über nml für das canadian business journal.

http://www.nmliron.com/data/attribute/upload/CBJ_June2012_Ne…

und schon wieder ein neues foto auf der nml homepage:

Dome-Errichtung


Schöner Breakout heute:---------------------------6-Monats-Chart:

[sinsala1986]

Antwort auf Beitrag Nr.: 43.299.887 von sinsala1986 am 19.06.12 21:33:57

ab 1:20 wird kurz über NML gesprochen.

http://watch.bnn.ca/#clip700262

[sinsala1986]

Antwort auf Beitrag Nr.: 43.299.964 von sinsala1986 am 19.06.12 21:57:27

NML und Tata Steel suchen noch ein paar Leute:

Pit Supervisors: http://www.infomine.com/careers/jobs/job770734/pit.superviso…
Metallurgist: http://www.infomine.com/careers/jobs/job752800/metallurgist.…
Surveyor: http://www.infomine.com/careers/jobs/job755893/surveyor.aspx
Cost and Sheduling Specialist: http://www.infomine.com/careers/jobs/job755900/cost.and.sche…

[fauntleroyy]

Antwort auf Beitrag Nr.: 43.299.964 von sinsala1986 am 19.06.12 21:57:27

+ 22 % in Toronto in dem Marktumfeld und ohne News ...

muss ich mir mal genauer angucken !

[sinsala1986]

Antwort auf Beitrag Nr.: 43.300.072 von fauntleroyy am 19.06.12 22:29:56

Ich kann dir hier im thread den 4. post auf seite 14 empfehlen :-)

[manffreddoo]

Hi
das tut gut.........zum richtigen Zeitpunkt aufgestockt
@sinsala......thx für BM..........

[fauntleroyy]

Antwort auf Beitrag Nr.: 43.300.110 von sinsala1986 am 19.06.12 22:39:21

Danke dir für den Tipp.

Die Homepage ist ja auch recht informativ.

Wirklich sehr interessanter Wert mit starkem JV-Partner , aber leider sehr illiquide in Deutschland und auch nicht ausserbörslich (Tradegate, L&S) handelbar.

Nehme ich also erst einmal auf meine Watchlist.

GLTA

[sinsala1986]

Antwort auf Beitrag Nr.: 43.301.449 von manffreddoo am 20.06.12 11:18:31

adriana resurces, ein nachbar von nml, hat ein gigantisches ressourcenupdate veröffentlicht:

"TORONTO, ONTARIO--(Marketwire - June 19, 2012) - Adriana Resources Inc. (TSX VENTURE:ADI) ("Adriana" or the "Company") is pleased to report the completion of an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") Mineral Resource estimate ("the Estimate") using information from the most recent drilling program on its 40% owned Lac Otelnuk Project. The Estimate was completed by Watts, Griffis and McOuat Limited ("WGM"), Consulting Geologists and Engineers of Toronto, Canada, and resulted in 11.35 billion tonnes of Measured and Indicated Mineral Resources and an additional 12.39 billion tonnes of Inferred Mineral Resources based on a Davis Tube Weight Recovery ("DTWR") cutoff grade of 18%. The Measured and Indicated portion of the Mineral Resource extends over a strike length of 20 km. The Inferred portion of the deposit north and south of the Measured and Indicated Mineral Resource adds an additional strike length of 16 km to the deposit for a total strike length of 36 km. The update reflects an increase of 232% in Measured and Indicated and 794% in Inferred Mineral Resources from the previous estimate as noted in the Company's news release dated August 23, 2011."

[ironfahrrad]

http://www.mining.com/2012/06/21/iron-ore-hits-5-week-high-a…

[ironfahrrad]

http://www.nmliron.com/news-media



New Millennium Investor Presentation, June 29, 2012
06/29/2012 Active Projects Now and Resources for the Future

Jetzt geht es aber voran.

[ironfahrrad]

http://www.pic-upload.de/view-14925176/nml2.jpg.html

[ironfahrrad]

Gut für uns!

Australien erwartet anhaltenden Boom bei Eisenerz
29.06.2012 | 15:26 Uhr | EMFIS
Melbourne - (www.emfis.com) - Die verantwortlichen australischen Stellen prognostizieren einen prozentual zweistelligen Zuwachs beim Export von Eisenerz. BHP Billiton und Rio Tinto wird es freuen.

weiter: http://www.rohstoff-welt.de/news/artikel.php?sid=37307#Austr…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.343.758 von ironfahrrad am 02.07.12 16:18:32

Dome Construction Update:

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.344.196 von sinsala1986 am 02.07.12 17:46:05

Danke Sinsala.
Habe ich nicht hinbekommen.

Schade, dass ich derzeit nicht mehr nachlegen oder umschichten kann.

NML scheint auf Kurs zu sein.

[Kongo-Otto]

New Millennium Iron Corp. Reports That Some Members of the Local Innu Community of Schefferville have Established a Blockade

http://finance.yahoo.com/news/millennium-iron-corp-reports-m…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.349.356 von Kongo-Otto am 03.07.12 20:52:24

noch ne andere Quelle zu der heutigen News:

http://www.thetelegram.com/News/Local/2012-07-03/article-302…

Blockade aus 2010:

http://intercontinentalcry.org/innu-block-access-to-mining-p…

das "Impact and Benefit Agreement":

http://www.marketwire.com/press-release/new-millennium-annou…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.349.438 von sinsala1986 am 03.07.12 21:09:17

bei denen geht es wohl nicht speziell gegen NML, sondern gegen die minenpläne, auch von der regierung "plan nord", auf deren territorium:

http://handsacrossnh.wordpress.com/2012/06/30/160/

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.349.438 von sinsala1986 am 03.07.12 21:09:17

Hat nml aber auch selbst veröffentlicht in ihren "news release".
Die info habe ich als registrierter shareholder automatisch von nml erhalten.

"CALGARY, Alberta, Canada (Marketwire – July 3, 2012) – New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that on Saturday June 30, some members of the local Innu community of Scheffervile have established a blockade of the area roads to the mining areas.
Dean Journeaux, President and CEO of NML, said: “The blockade is peaceful and we are respecting it. We have Impact Benefit Agreements (IBAs) with all the First Nations Communities, including the local Innu communities, the Innu of Labrador and the Naskapi. The economic impact will be felt by all involved including the First Nations people and contractors working on the various projects. We look to an early resolution by the authorities.”

[sinsala1986]

Der protest mit der blockade ist beigelegt:

http://www.cbc.ca/news/canada/newfoundland-labrador/story/20…

[Kongo-Otto]

Puh...kurz dachte ich, dass ich den Einstieg verpasst hätte, aber wie es aussieht kommt sie nochmal zurück bzw. es wäre gut möglich, dass sie zurück kommt:



Kurs hat wieder unterhalb der 50-Tage-Linien geschlossen und die Indikatoren drehen gerade ins Negative. Allerdings ist man noch immer im zarten Aufwärtstrend ausgehend von Mitte Juni.
Montag wird es spannend, ob man diesen verlässt und dann in der kommenden Woche sogar ins untere BB zurück fällt, oder ob man sich im Aufwärtstrend hält und entgegen der Indikatoren weiter steigt.

Ich befürchte eher ersteres, also dass es fällt, da am Freitag schon ein ordentlicher Verkaufsdruck da war:
58 700 Käufe vs. 212 200 Verkäufen!



Werde also nochmal warten....

[cervical]

http://www.rohstoff-investingnews.de/eisenerz/der-labrador-t…

[sinsala1986]

Plan Nord: Quebec rail plan stirs hope, concern in Canada’s iron belt


http://www.montrealgazette.com/business/Plan+Nord+Quebec+rai…

[ironfahrrad]

News
NEW MILLENNIUM IRON CORP. ANNOUNCES A $38.4 MILLION INVESTMENT IN A DEEP WATER DOCK WITH THE PORT OF SEPT-ÎLES, A MAJOR STEP TOWARDS ASSURING IRON ORE MARKET ACCESS
Not for Distribution to US newswire services or dissemination in the United States
CALGARY, Alberta, Canada (Marketwire – July 18, 2012) – New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today the signing of an agreement with the Sept-Îles Port Authority providing NML with access to a minimum of 15 million metric tons of annual shipping capacity from the new multi-user deep water dock facility to be located in the Bay of Sept-Îles at Pointe Noire. The Sept-Îles harbour is an ideal location for year round shipping in large ore carriers.
The facility in Phase I is designed to have a total capacity of 50 million metric tons annually and is expected to cost $220 million. It is being financed by the Port of Sept-Îles, the Government of Canada and commitments from potential end-users. Construction is expected to be completed by the end of March 2014.
NML will invest $38.4 million for its interest, payable in two instalments over a one year period, the first of which was paid at time of signing. NML’s investment is from available funds. As a result of this investment, NML will receive favourable shipping rates at the dock facility. NML has a take or pay obligation based on a discounted rate applied on 50% of the reserved capacity. NML is entitled under the agreement to transfer all or a portion of its annual capacity and the associated take or pay obligation to other users of the dock. The term of the contract is 20 years, with NML having the option to renew for four further five year terms.
Dean Journeaux, President and Chief Executive Officer of NML, said: “This investment is a major step in assuring access to world markets in Europe, Asia and elsewhere through a world class shiploading system capable of handling the latest generation of large-size vessels. We are pleased to be part of this exciting new development for the Port of Sept-Îles providing for the development of our large taconite resources.”

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.399.735 von ironfahrrad am 18.07.12 17:22:23

Gute News für den Sektor.
Labrador Iron Mines und Champion Minerals freut es auch.

[ironfahrrad]

Gute Planung, sich rechtzeitig die Hafenkapazitäten zu sichern.

NML ist da nicht der Erste gewesen.

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.399.912 von ironfahrrad am 18.07.12 17:57:27

Die sind auch dabei

TSX-listed Alderon Iron Ore on Monday said it took another step to becoming an iron-ore producer when it inked an agreement with the Sept-Iles Port Authority, giving it a 20 year allocation to ship eight-million tons a year.

CHAMPION MINERALS INC. (TSX: CHM)(OTCQX: CPMNF)(FRANKFURT: P02) ("Champion" or the "Company") is pleased to announce that it has signed a long-term agreement (the "Port Agreement") with the Sept-Iles Port Authority related to its planned 50 million tonne per year multi-user port facilities.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.400.005 von ironfahrrad am 18.07.12 18:17:27

http://www.portsi.com/main.php

https://www.fleetmon.com/de/ports/Sept_Iles_Canada_306
eine Live-Karte, zeigt sogar anliegende und ankommende Schiffe (unten) an

http://www.portsi.com/CLIENTS/1-portsi/docs/upload/sys_docs/…
Jahresbericht 2011 des Ports


"With the preliminary engineering phase complete, the Port of Sept-Îles is pleased to unveil today the conceptual plans for the new dock. Construction of the multi-user dock, at a cost of $220 million, will be completed over a period of 18 to 24 months. Located at Pointe-Noire, the dock will be built on the site of the old Gulf Pulp and Paper dock. Built on piles, the multi-user dock will have a 420-meter-long approach. The dock itself will be 450 meters long, with two berths. Construction is expected to start upon receipt of approvals this spring."

"This long-awaited dock will meet the growing and urgent needs of current and future Port of Sept-Îles users. “Many mining projects are advancing rapidly toward the launch of their activities and it is part of our mission to support them by providing state-of-the-art facilities that allow them to compete in the global marketplace. This new terminal will strengthen the Pointe-Noire sector’s major role in iron ore shipping in Canada, and with a capacity of 50 million tons annually, the terminal will become a focus of strategic development for the Port and its users,” explained Port of Sept-Îles president and CEO Pierre D. Gagnon."

"With a full range of high-performance equipment, the Port of Sept-Îles is North America’s leading iron ore port and will now become Canada’s second largest in terms of annual volume handled, with close to 34 million tons expected in 2012."





momentan operieren dort:
- Iron Ore Company of Canada
- Cliffs Natural Resources
- Esso
- Aluminerie Alouette

[sinsala1986]

Antwort auf Beitrag Nr.: 43.399.735 von ironfahrrad am 18.07.12 17:22:23

was mich aber ein bisschen grübeln lässt, sind folgende infos aus der news:

"...providing NML with access to a minimum of 15 million metric tons of annual shipping capacity from the new multi-user deep water dock facility..."

"...NML has a take or pay obligation based on a discounted rate applied on 50% of the reserved capacity."

das hieße ja, dass die für eine 7,5 mio. t/y kapazität einen rabatt dort bekommen. da ich nicht davon ausgehe, dass NML jetz schon kapazitätsreserven für das große taconite-projekt bereit hält, welches selbst wenn es beschleunigt wird, nicht vor 2016 in produktion gehen wird. das DSO-projekt ist mit einer produktionsrate von 4,2 mio. t/y angesetzt und soll bis Q4/2013 auf 100% auslastung gebracht werden. da letztens die resource vom DSO-projekt vergrößert wurde, wurde ja schon darüber spekuliert, dass eine höhere produktionsrate als bisher geplant eine option wäre.

meinungen dazu?

[sinsala1986]

Antwort auf Beitrag Nr.: 43.400.453 von sinsala1986 am 18.07.12 20:10:40

wurde gerade auf etwas aufmerksam gemacht:

DSO-Zeitplan aus der Präsentation Nov./2011




verglichen mit dem DSO-Zeitplan aus der aktuellen Präsentation Juni/2012:


insgesamt sind wir wohl rund 1,5 quartale im zeitverzug gekommen, sollten aber knapp dieses jahr mit dem produktionsbeginn noch rechnen können.

warum aber auf einmal die "ramping up to 100% production"-zeit so viel größer ausfällt, kann ich mir noch nicht erklären. vielleicht ja einfach, weil sie das projekt ein bisschen größer aufziehen (siehe überlegung --> höhere produktionsrate) und das eben länger dauert?

[ironfahrrad]

Sinsala, auf jeden Fall mehr als spannend.
Und kein Geld zum Nachkauf mehr. Sch .....

Eigentlich sehe ich die größeren Hafenkapazitäten positiv.
Kann ja nur gutes bedeuten.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.400.735 von ironfahrrad am 18.07.12 21:35:33

Champion Minerals hat sich 10 mio. t/y gesichert und zahlt dafür $25,581,000.

http://tmx.quotemedia.com/article.php?newsid=52808819&qm_sym…

Labrador Iron Mines sichert sich 5 mio. t/y für $12,800,000.

http://tmx.quotemedia.com/article.php?newsid=52820643&qm_sym…

Alderon Iron Ore sichert sichert sich 8 mio. t/y für $20,460,000.

http://tmx.quotemedia.com/article.php?newsid=52736902&qm_sym…

Mit NML sind das nun 4 von 5 Unternehmen, die das neue Port mitfinanzieren.

Ist der 5. Adriana Resources oder Cap-Ex Ventures?

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.400.735 von ironfahrrad am 18.07.12 21:35:33

Mein Plan ist es, dass ich im Bereich von 1.20CAD mal einen Fuß in die Tür stelle.
Bin auch am Überlegen, ich mir noch LIM dazu holen soll.... (CHM hab ich schon).

[sinsala1986]

Mining company hands out scholarships in Kuujjuaq
New Millennium, with Tata Steel, wants to develop huge iron mines south of Kuujjuaq

http://www.nunatsiaqonline.ca/stories/article/65674mining_co…

[sinsala1986]

Genesee & Wyoming Inc. and Tata Steel Minerals Canada Ltd. Sign Rail Services Agreement; GWI Subsidiary to Construct and Operate 21-Kilometer Rail Line in the Labrador Trough


http://www.ariva.de/news/Genesee-amp-Wyoming-Inc-and-Tata-St…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.449.182 von sinsala1986 am 02.08.12 12:53:46

http://www.nmlirontv.com/

sehr schön rausgeputzt

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.451.401 von sinsala1986 am 02.08.12 20:32:04

Ich warte noch immer, da der Erzpreis weiter fällt.
Mal sehen, was sie im Bereich von 1.22CAD macht....

Hab mich auch entschieden nicht blind bei 1.20CAD einzusteigen. Erstmal schauen....

[sinsala1986]

Antwort auf Beitrag Nr.: 43.451.464 von Kongo-Otto am 02.08.12 20:47:23

ich hab auch seit langem schon nicht mehr investiert,

warte auch auf "den moment", bunker cash und habe einige gute werte auf watch.

[sinsala1986]

die eisenbahner schlucken sich auch gegenseitig dort:

http://www.finanznachrichten.de/nachrichten-2012-07/24112642…

[manffreddoo]

Antwort auf Beitrag Nr.: 43.400.877 von Kongo-Otto am 18.07.12 22:26:15

Hi Kongo-Otto,
was macht für dich LIM interessant..........?
Erholungspot. ist vom Chart her gesehen riessig,aber wie sieht es bei denen (Schulden etc.)finanziell aus?
Chart signalisiert ja nix gutes standen mal bei fast 15$ vor knapp 2 Jahren.
Wie ist deine Sicht?????
Gruss
M.

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.470.505 von manffreddoo am 08.08.12 14:29:31

Puh....das fragste mich jetzt, 2 Wochen später.

Muss mir LIM nochmal genau anschauen. Hatte es aber damals in Betracht gezogen und vermutlich nicht grundlos.

Muss mir aber die ganzen Eisenerz-Buden nochmal genauer anschauen. Wobei mein Favorit eindeutig NML wäre (BZM und CHM habe ich schon im Depot).

[sir_krisowaritschko]

die kurs/preisentwicklung von eisenerz ist derzeit einfach unglaublich schwierig.

innerhalb 5 monate hat der preis für eine metrische tonne eisenerz von 150 dollar auf 123 nachgegeben.

momentan kreppelt der preis knapp unter der 12 monatsmarke von 124 dollar rum.

es kann gut möglich sein das eisenerz langfristig betrachtet doch nochmal billiger wird.

vergleicht man den chart von nml mit dem eisenerzchart, dann scheint man doch in etwa, fortschritte innerhalb des projekts mal außen vorgelassen, mit einigen leichten abweichungen mit zu schwimmen. jedenfalls kann man dies besonders gut beobachten sobald eisenerz die 150 dollarmarke erreichte und richtung 200 dollar lief.

http://www.bloomberg.com/quote/MBFOFO01:IND/chart
http://www.bloomberg.com/quote/MBFOFO01:IND/chart

geht eisen wieder richtung 200 dollar knallt nml auch wieder durch die decke.

der langfristige aufwärtstrend nml ist auch noch intakt. mal sehen, ob da was geht.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.471.056 von sir_krisowaritschko am 08.08.12 16:17:33

constructionupdate:



p.s.: lim gefällt mir schon nicht, da die mir eine zu kleine ressource haben, einen viel zu hohen opex (bei ~60 $/t fe) und noch viel explorieren müssten, um die ressource vergrößern zu können.

p.p.s.: wer auf größere companies steht, kann sich london mining und atlas iron anschauen.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.471.972 von sinsala1986 am 08.08.12 19:11:17

NR1218
08/08/2012

Announcing Rail Service Agreement between TSMC and Genesee & Wyoming Inc. to construct and operate 21 km rail line for the Direct Shipping Ore Project
http://www.nmliron.com/data/attribute/upload/NR1218.pdf

CALGARY, Alberta, Canada (Marketwire – August 8, 2012) – New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that Tata Steel Minerals Canada Ltd (“TSMC”), a joint venture between Tata Steel and NML, has entered into a long-term agreement with Genesee & Wyoming Inc. (“GWI”) and its newly formed subsidiary, KéRail Inc. (“KéRail”), for KéRail to provide rail transportation services to haul up to 4.2 million tonnes of product per annum to the Tshiuetin Rail Transportation (“TSH”) interchange near Schefferville. In addition, KéRail will construct an approximately 21 km long rail link from the mine yard to the TSH interchange (Refer to the attached Figure 1).

GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. Operated as part of GWI’s Canada Region, KéRail will haul unit trains of iron ore from its rail connection at the mine to the TSH interchange to facilitate further travel over privately owned railroads to the port for shipping to Tata Steel Europe’s (“TSE”) plants. Subject to the receipt of Government permits and approvals, the track construction is due to start by Q4, 2012. The line is expected to be operational in Q2, 2013.

Dean Journeaux, President and Chief Executive Officer of NML, said: “This agreement with GWI is another important step to ensure efficient transportation of the products to ship to TSE’s plants. We are very pleased that TSMC is progressing well with finalization of transportation arrangements. This will enable TSMC to realize our goal to become Canada’s next producer of quality iron ore products.”

[Kongo-Otto]

bei NML sieht es gefährlich aus.
Einige Indikatoren scheinen zu drehen:



Mal sehen, was sie in den kommenden Tagen macht, sprich, auf welchem Niveau korrigiert wird.

Hab ja immer noch die Hoffnung, dass ich für unter 1€ einsteigen kann.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.482.950 von Kongo-Otto am 11.08.12 09:40:59

irgendwas ist hier technisch kaputt

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.483.006 von sinsala1986 am 11.08.12 10:06:03

wie meinste das?

[sinsala1986]

Antwort auf Beitrag Nr.: 43.483.015 von Kongo-Otto am 11.08.12 10:10:08

war nich auf dein bild bezogen, aber irgendwie hing gerade dein bild in meinem und nochmal n werbebanner drüber ^^

[sinsala1986]

Antwort auf Beitrag Nr.: 43.482.950 von Kongo-Otto am 11.08.12 09:40:59

charttechnisch sieht es ja so aus: prallen wir von der blauen linie wieder nach oben ab und diese dient als unterstützung

ODER

wird diese durchbrochen, dann gehts minimum wahrscheinlich in die tiefen 1,20er CAD$

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.483.133 von sinsala1986 am 11.08.12 11:40:04

Entscheidend wird imho sein, ob MA50 halten wird. Noch ist man knapp drüber.
Falls es drunter geht, dann würde im Bereich von 1.30CAD die erste Unterstützung warten.

Wie es weitergeht wird wohl am Gesamtmarkt liegen. Je nachdem, was der in der kommenden Woche macht bzw. was auch für News aus dem Rohstoff-Sektor kommen.

Ich lege mir am Montag die Karten, ob ich jetzt schon einsteige.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.483.155 von Kongo-Otto am 11.08.12 11:55:41

ich habe mal ein bissl was gerechnet:



besonders hervorzuheben ist hier, dass die Feasibility Study zum DSO-Projekt auf dem angenommenen Eisenerzpreis von nur 64,50 $/t Fe als Basis gerechnet wurde, also extremst konservativ. Deswegen fallen Berechnungen, die auf den Basisdaten der FS fußen, gering aus und umgekehrt.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.485.048 von sinsala1986 am 12.08.12 20:36:46

hier habe ich noch was interessantes und aktuelles gefunden:

https://docs.google.com/viewer?a=v&q=cache:6xuk-fnfP1wJ:www.…

irgendwie funzt die pdf-ansicht bei dem dokument nicht.

Stonecap Sec. gibt ein Kursziel von 3,35 CAD$ aus.

- gehen von der ersten produktion zum ende von Q1/2013 für DSO aus.
- operating costs von 55 $/t, longterm 47$/t
- cash-flow von ca 30mio. in 2014
- investitionscosten steigen auf 410mio. CAD$ (335 mio. CAD$ lt. FS), wovon NML 7mio. CAD$ aufbringen müsste
- after tax irr von 38,2%

[sinsala1986]

Antwort auf Beitrag Nr.: 43.485.082 von sinsala1986 am 12.08.12 20:52:13

falls der link nicht funktioniert:

bei google folgendes eingeben und suchen:

"stonecap securities" "new millennium iron" "labrador iron mines"

bei dritten treffer auf schnellansicht gehen, das pdf lädt er iwie nicht.

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.485.119 von sinsala1986 am 12.08.12 21:17:54

Danke dir vielmals für die Mühe und die super Zusammenfassung!

Unterstreicht wieder, weshalb NML bei mir definitiv als Long-Position ins Depot wandert!

Wüde mich auch freuen, wenn ich diese Woche schon die erste günstige Position abgreifen könnte!

[sir_krisowaritschko]

www.stonecapsecurities.com/PDFs/Reports/2012/July/Iron%3DOre…

so das müsste funktionieren

[sir_krisowaritschko]

in dem bericht steht auf seite 21, dass man in den nächsten 3-4 jahren einen eisenpreis von 90 dollar erwartet. vom jetzigen stand ca. 30% tiefer.
prognosen sind immer nur prognosen, aber die erklärung finde ich recht schlüssig und sah das bisher ebenfalls so. als gründe werden genannt, eine weltweite produktionsausweitung (speziell australien) sowie der schwächelnde asiatische markt.

bin mir nicht sicher, ob man langfristig nicht das selbe szenario wie bei kohle erleben wird. es muss wohl zwangsläufig eine bereinigung am markt geben. damit meine ich das es zu insolvenzen auf grund eines niedrigen spotpreises kommen muss.

es klafft zwar derzeit noch eine lücke zwischen eisenbedarf und produktion, aber wie lange noch?

will hier nichts schlecht reden. ich habe nml auf grund der guten unternehmerischen aussichten und des tollen MM's schon ewigkeiten auf dem schirm. jedoch gibt mir die wirtschaftliche aussicht zu denken. vielleicht sollte man derzeit erstmal den kohlehype ( spekuliere derzeit einfach mal drauf ) mitnehmen und sich später auf eisen zurückbesinnen?

[Kongo-Otto]

Antwort auf Beitrag Nr.: 43.486.560 von sir_krisowaritschko am 13.08.12 12:06:53

Kohle steht derzeit aber ebenfalls massiv unter Druck und ich denke, der Druck dort wird auch noch eine Weile halten, da Gas derzeit sehr gut läuft.
Somit gehe ich eher nicht davon aus, dass Kohle besser läuft als andere Rohstoffe.
Vorallem hat die Insolvenz von Patriot Coal doch ihre Spuren hinterlassen.
Mir persönlich ist das derzeit zu heiß, so sehr auch die massiv günstigen Preise der Anbieter locken.

Wie sich der Eisenerzpreis entwickelt wird maßgeblich von der Weltwirtschaft abhängen. Sprich, wie lange sich die derzeitige Krise zieht und welche Kreise es zieht.

Unter Umständen kann ich mir Preise von unter 100$ auch sehr gut vorstellen, allerdings gehe ich bei Erz dennoch von einer temporären Erholung aus.
Frag mich nicht wieso, ist eher ein Bauchgefühl. Aber ich denke einfach, dass die Werte hier anziehen werden.

Also ich für mich setze eher auf Erz als auf Kohle.
Aber primär setze ich eh vornehmlich auf eine kleine Rallye dieses Jahr, wonach ich Gewinne sichern werde und mir den Rest dann mal anschauen....

[sinsala1986]

Antwort auf Beitrag Nr.: 43.486.560 von sir_krisowaritschko am 13.08.12 12:06:53

bzgl. der zukünftigen produktionsausweitung:
ob nun durch die riesigen eisenerzvorkommen in der australischen pilbara-region oder ja auch durch unseren kanadischen labrador trough, könnte es durchaus zu einem angebotsüberhang kommen, der in einem eisenerzpreisverfall mündet.

aber bzgl. den auswirkungen von dem preisverfall: diese wären direkt finanzwirtschaftlich negativ für nml, aber bezgl. einer dann anstehenden marktbereinigung, könnte nml als low-cost-producer (für den fall, dass die die geplant niedrigen kosten auch real erreichen), sehr positiv sein. Denn selbst bei einem preis von 64,50 $cad wie in der feasibility study zum dso-project genutzt, wäre das projekt in eingeschränkten maßen (siehe jährliches net income für nml, npv und irr oben) wirtschaftlich.

während andere neu hinzukommende nicht-low-cost-producer dann in erhebliche schwierigkeiten kommen würde und im extremfall durch insolvenzen bankrott gehen würden, würde dann der eisenerzangebotsüberhang schnell wieder reduziert werden.

[sir_krisowaritschko]

Antwort auf Beitrag Nr.: 43.486.817 von Kongo-Otto am 13.08.12 12:56:31

danke für eure einschätzungen!

das nml ein low cost produzent sein wird ist erstmal super.
nur jeder preisverfall wird sich wohl trotzdem auf nml's kursverlauf niederschlagen.
sicherlich nicht so herb, aber wohl immerhin noch stark genug um mit den aktien über einen längeren zeitraum kein geld verdienen zu können.

vielleicht sollte man dann das kurstief zum einstieg nutzen, in der sicheren erkenntnis, dass man im grunde nicht pleite gehen kann (vorausgesetzt man holt sich hier keine hoch verzinste anleihe ins boot).

gegen einen mittelfristigen kursanstieg ist erstmal nix zu sage, aber langfristig würde ich keine eisenaktien halten.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.487.296 von sir_krisowaritschko am 13.08.12 14:58:54

ah, da braut sich was zsm:

News:
NEW MILLENNIUM IRON CORP. ANNOUNCES A $12.8 MILLION INVESTMENT BY TSMC IN A DEEP WATER DOCK WITH THE PORT OF SEPT-ÎLES FOR DSO PROJECT
http://www.nmliron.com/data/attribute/upload/NR1221.pdf

CALGARY, Alberta, Canada (Marketwire – August 14, 2012) – New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that Tata Steel Minerals Canada Ltd (“TSMC”), a joint venture between Tata Steel and NML, has signed an agreement with the Sept-Îles Port Authority providing TSMC with access to a minimum of 5 million metric tons of annual shipping capacity from the new multi-user deep water dock facility to be located in the Bay of Sept-Îles at Pointe Noire. The Sept-Îles harbour is an ideal location for year round shipping in large ore carriers to Tata Steel’s European plants.
Dean Journeaux, President and CEO of NML, said: “Upon completion of the new dock facility made possible in part by this investment, TSMC’s DSO project will be assured of long term shipping access to Tata Steel Europe’s plants. The new dock will enable TSMC to reduce costs associated with loading of vessels and shipping to Europe. This will make the Project a very competitive supplier to the steelplants.”

Port Agreement:
The facility in Phase I is designed to have a total capacity of 50 million metric tons annually and is expected to cost $220 million. It is being financed by the Port of Sept-Îles, the Government of Canada and commitments from potential end-users. Construction is expected to be completed by the end of March 2014.

TSMC will invest $12.8 million for its interest, payable in two instalments over a one year period, the first of which was paid at time of signing. As a result of this investment, TSMC will receive favourable shipping rates at the dock facility. TSMC has a take or pay obligation based on a discounted rate applied on 50% of the reserved capacity. TSMC is entitled under the agreement to transfer all or a portion of its annual capacity and the associated take or pay obligation to other users of the dock. The term of the contract is 20 years, with TSMC having the option to renew for four further five year terms.

--------------------------------------

was die sache ja so interessant macht:
das neuliche agreement für ein investment von 38,4 mio. CAD$ war ja "nur" durch NML durchgeführt worden und für 15mio. t/y. --> das wird eindeutig für das taconit-projekt verwendet werden und das investment in obiger news für das DSO projekt.

es sind 3 member von tata steel im bord bei nml, die also mitentschieden haben und das 38,4 mio. CAD$ investment ok gegeben haben. aber da die feasibility study noch nicht raus ist und es offiziell vorher ja bestimmt keine offizielle zusagen dazu geben wird, kann man sich schon ausmalen, dass die hinter den kulissen ja langfristig vorher das taconite projekt planen (im JV!), deswegen wird in der heutigen news vom jv gesprochen, in der anderen nur von nml alleine.

ich denke, wenn die feasibility study gut ausfällt und tata steel dann ja sagt, werden die 80% der investmentkosten (von denen ja NML schon 50% bezahlt hat) zurückerstatten, das haben die bei den entwicklungskosten beim DSO projekt auch gemacht.

---------------------------

Construction-Update








-----------------------------

Tata Steel kommt einigermaßen gut durch die krise. im heimatmarkt indien eher schwach, aber in europa stark (und dort soll unser erz ja auch hin). accelormittal macht im vergleich dazu einen schwächeren eindruck.

http://www.business-standard.com/india/news/result-analysis-…

------------------------------

Quartalsbericht per 30. June 2012
http://www.nmliron.com/news-media/news-releases/nr1220

Cash: 22,974 mio. (vorquartal: 31,113 mio.) net decrease in cash: 8,141 mio.
short-term investments: 77,842 mio. (vorquartal: 75,625 mio.)
cash-bestand insgesamt: 100,816 mio.
abgl. investment port (50% von 38,4 mio.) 19,2 mio.
cash-bestand aktuell: ~81 mio.

net loss von diesem quartal: 1,596 mio. (vorquartal: 2,808 mio.)

number of shares iussed: 178,301 mio.

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.497.729 von sinsala1986 am 15.08.12 20:23:18

Danke sinsala.
War drei Wochen im Urlaub und nicht einmal online.

Dank deiner Infos, komme ich aber wohl schnell in die Materie zurück.
Gruß
Iron

[sinsala1986]

Das könnte unsere Finanzierung sein!?

http://www.bloomberg.com/news/2012-08-21/tata-steel-said-to-…

Meinungen dazu? Ist das nicht viel zu früh? Vielleicht müssen die aber auch soviele Vorplanungen machen, dass es notwendig ist, das Geld jetz schon einzusammeln. Wenn das Geld nicht für uns sein sollte, wäre es doch sehr unwahrscheinlich, dass die in einem halben Jahr nochmal etwa den gleichen Betrag in dieser Mrd.-Höhe aufnehmen werden. Und bei den gerade getätigten Investitionen in den Hafen, könnte man doch jetz 1+1 zsmzählen.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.531.090 von sinsala1986 am 24.08.12 18:27:09

ich hatte ja bereits mal darüber spekuliert, dass es möglich sein könnte, dass NML mit TSMC die Produktionsrate für das DSO-Projekt erhöhen könnte:

Zitat von sinsala1986: warum aber auf einmal die "ramping up to 100% production"-zeit so viel größer ausfällt, kann ich mir noch nicht erklären. vielleicht ja einfach, weil sie das projekt ein bisschen größer aufziehen (siehe überlegung --> höhere produktionsrate) und das eben länger dauert?

Zitat von sinsala1986: was mich aber ein bisschen grübeln lässt, sind folgende infos aus der news:

"...providing NML with access to a minimum of 15 million metric tons of annual shipping capacity from the new multi-user deep water dock facility..."

"...NML has a take or pay obligation based on a discounted rate applied on 50% of the reserved capacity."

das hieße ja, dass die für eine 7,5 mio. t/y kapazität einen rabatt dort bekommen. da ich nicht davon ausgehe, dass NML jetz schon kapazitätsreserven für das große taconite-projekt bereit hält, welches selbst wenn es beschleunigt wird, nicht vor 2016 in produktion gehen wird. das DSO-projekt ist mit einer produktionsrate von 4,2 mio. t/y angesetzt und soll bis Q4/2013 auf 100% auslastung gebracht werden. da letztens die resource vom DSO-projekt vergrößert wurde, wurde ja schon darüber spekuliert, dass eine höhere produktionsrate als bisher geplant eine option wäre.

hier habe ich jetzt einen offiziellen hinweis dazu gefunden:



Aus der aktuellen Investor-Presentation von Tata Steel:
http://www.tatasteel.com/investors/pdf/investor-presentation…

[sinsala1986]

Labrador Trough miners optimistic about future despite falling iron ore prices
http://ca.finance.yahoo.com/news/labrador-trough-miners-opti…

[sinsala1986]

Zitat von sinsala1986: Das könnte unsere Finanzierung sein!?

http://www.bloomberg.com/news/2012-08-21/tata-steel-said-to-…

Meinungen dazu? Ist das nicht viel zu früh? Vielleicht müssen die aber auch soviele Vorplanungen machen, dass es notwendig ist, das Geld jetz schon einzusammeln. Wenn das Geld nicht für uns sein sollte, wäre es doch sehr unwahrscheinlich, dass die in einem halben Jahr nochmal etwa den gleichen Betrag in dieser Mrd.-Höhe aufnehmen werden. Und bei den gerade getätigten Investitionen in den Hafen, könnte man doch jetz 1+1 zsmzählen.

Tata Steel Said to Plan $4.7 Billion Bank Loan: Corporate India

"Tata Steel Ltd. (TATA), India’s biggest producer of the alloy, plans to raise about 260 billion rupees ($4.7 billion) in loans to fund its first new mill in a century, two people with direct knowledge of the deal said.

The company may pay an interest rate of about 11.25 percent, said the people, who asked not to be identified because the process is private. The syndicated project-finance loan may be for a period of more than 8 years and will be disbursed in phases, the people said."

das wär echt der Hammer!!!

[ironfahrrad]

Rosige Aussichten.

Da wird unsere nml ja Ende 2013/Anfang 2014 einen riesigen Satz machen.

[sinsala1986]

http://www.andrewjohns.ca/sites/default/files/NML_20120724%2…

[ironfahrrad]

NET ASSET VALUE (NAV) 1,941.5 10.41 C$10.41

Bin ja gespannt, wann wir da ankommen.

2018/2019?

[sinsala1986]

Antwort auf Beitrag Nr.: 43.532.966 von ironfahrrad am 25.08.12 13:12:00

bei einem projekt von der gigantischen größe kann man das schwer sagen,
das DSO projekt verschiebt sich ja schon einige monate nach hinten,
und noch ist die finanzierung weder offiziell noch abgeschlossen.

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.532.931 von sinsala1986 am 25.08.12 12:47:47

Auszug aus dem Artikel:

"....we have also deferred our expectation for the
startup of the much larger Taconite Project to 2018 from 2017."

Mein Anlagehorizont ist 2021.

[ironfahrrad]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: auf eigenen Wunsch des Users

[ironfahrrad]

http://www.nmliron.com/news-media/newsletter/newsletter-issu…

[ironfahrrad]

"Upon completion of the
feasibility study, Tata Steel will have four months in which to decide whether to invest in the
KéMag or LabMag properties or in both deposits, known as the Combined Taconite Project. If
Tata Steel decides to invest, it will arrange the required equity portion of the financing of up to
$4.85 billion if both deposits are developed. The FS is scheduled to be completed in late 2012."

Tata Steel Said to Plan $4.7 Billion Bank Loan: Corporate India
http://www.bloomberg.com/news/2012-08-21/tata-steel-said-to-…

Da verdichten sich wohl langsam die Hinweise auf die Finanzierung durch Tata

[ironfahrrad]

http://www.bloomberg.com/news/2012-08-21/tata-steel-said-to-…

[ironfahrrad]

Next steps (LabMag/ KeMag)

• 2012: Complete feasibility study
• 2013: Investment decision anticipated Q1-Q2
• 2016/17: Targeted start of production

Das wäre ja eher, als ich vermutet hätte.
Offensichtlich sind die konkreten Planungen schon weiter, als die Veröffentlichungen.

[pintador]

Antwort auf Beitrag Nr.: 43.539.964 von ironfahrrad am 28.08.12 07:23:30

"to fund its first new mill in a century"

Eine "mill" ist ein Stahlwerk, keine Eisenerzmine

[sinsala1986]

Antwort auf Beitrag Nr.: 43.541.797 von pintador am 28.08.12 14:03:28

da hab ich wohl zu wenig kaffee getrunken.

die wollen wohl direkt in indien ein neues stahlwerk bauen und somit sich vergrößern:
http://www.business-standard.com/india/news/tata-steel-to-ra…

aber, das Taconite-Projekt wird auch weiter in den Fokus gerückt:
http://www.globaltimes.cn/content/729515.shtml

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.543.562 von sinsala1986 am 28.08.12 20:17:58

Die hängen sich doch nicht so darein(Taconite), um es dann fallen zu lassen.

Wird schon.

[sinsala1986]

bald wirds kalt, macht dat ding fertig!

[ironfahrrad]

http://watch.bnn.ca/commodities/september-2012/commodities-s…

Interwiew vom 06.09.2012

[ironfahrrad]

news!!!!

Es geht los.


http://www.nmliron.com/news-media/news-releases/nr1222

CALGARY, Alberta, Canada (Marketwire – September 12, 2012) – New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that Tata Steel Minerals Canada Ltd (“TSMC”), a joint venture between Tata Steel and NML, has started initial mining of saleable iron ore and is stockpiling the product at its Timmins plant site for crushing and screening. A more detailed project update is forthcoming.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.597.021 von ironfahrrad am 12.09.12 19:38:40

naja,

alle haben den fortschritt vom dso-projekt am fortschritt des domes festgemacht, was wohl nicht stimmt.

nur was ich nich verstehe:
der dome soll doch die verarbeitungsanlagen beherbergen und diese über den winter vor der kälte schützen. wie können die jetzt verkauffertiges eisenerz gewinnen, wenn der dome bei weitem noch nich fertig ist?

haben die die anlagen erstmal außerhalb des domes "geparkt" oder wir nur ein teil der produktionsanlagen im dome sein?

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.597.037 von sinsala1986 am 12.09.12 19:41:40

Kann ich auch nicht genau begründen.

Es heißt ja:
"New Millennium Iron Corp. Announces the Start of Initial Mining of Saleable Iron Ore For Its Direct Shipping Ore Project"

Von der homepage Tata steel:
TSMC is developing the Direct Shipping Ore (DSO) project which involves mining, crushing, washing, screening and shipping the sinter fines and pellet fines to Tata Steel's European steel making facilities.

Vielleicht beginnen die ja mit "mining" und "crushing" außerhalb des dome.
Die weiteren Verarbeitungsscchritte nach Fertigstellung.

Aber warten wir es ab:

"A more detailed project update is forthcoming."

Werden wohl die nächsten Tage Einzelheiten erfahren.

[ironfahrrad]

Interessanter Artikel:

http://m.theglobeandmail.com/globe-investor/investment-ideas…

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.599.337 von ironfahrrad am 13.09.12 11:10:56

Auszug aus dem Artikel vom 24.08.2012

"The concept was highlighted Monday by news that India’s Tata Steel Ltd. had agreed to a deal worth up to $4.85-billion to develop deposits in the region owned by New Millennium Capital Corp. "

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.541.797 von pintador am 28.08.12 14:03:28

Bin ja des Englischen nicht so mächtig

"to fund its first new mill in a century"

Mill ist für mich Mühle

und im Zusammenhang mit dem von mir soeben erstellten Beitrag
sehe ich da eher die Finanzierung der Projecte in Canada

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.541.797 von pintador am 28.08.12 14:03:28

» steel | mill
NOUN a steel mill | steel mills
SYNO steel factory | steel mill ...

steel factory | steel mill | steel plant | steelworks

steel mill
Stahlwerk {n}ind.
Stahlwalzwerk {n}ind

mill Hüttenwerk {n

ich lasse mich überraschen

[sinsala1986]

Antwort auf Beitrag Nr.: 43.599.708 von ironfahrrad am 13.09.12 12:17:58

Was ein schlechter redakteur.

Consolidated thompson wurde im januar 2011 übernommen.

Und wenn die dann von einem deal zwischen nml und tata sprechen, und dabei noch den alten namen new millennium capital verwenden, will ich gar nicht wissen, auf welche uralte news die sich beziehen.

Adriana res. hat ja jetzt auch schon doppelt soviel an ressourcen wie in der news.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.599.820 von ironfahrrad am 13.09.12 12:45:47

Nein,

Geh mal ein paar beiträge zurück.

Die finanzieren son ding in indien.

[ironfahrrad]

Auf der Homepage sind drei Bilder vom Start der Produktion eingestellt worden.

[ironfahrrad]

" target="_blank" rel="nofollow ugc noopener">

" target="_blank" rel="nofollow ugc noopener">

" target="_blank" rel="nofollow ugc noopener">

[ironfahrrad]

http://www.cbj.ca/business_in_action/energy/new_millennium_i…

[ironfahrrad]

China covets Quebec Mining
Business
China covets Quebec Mining
September 18, 2012 | 6:50
MONEY
While it is the Americans who had the upper hand once Quebec mines, Asian companies are involved increasingly in northern Quebec.
Further reading: CHRONIC: Who's afraid of China?

Jean-Guy Gougeon AQIM and Jean-François Cloutier

While it is the Americans who had the upper hand once Quebec mines, Asian companies are involved increasingly in northern Quebec. Phenomenon and companies controlled directly by the Chinese government is not without worry some experts.
If Quebec has made great strides over the past 50 years, it is clear that control some mining exploit his basement. A situation that divides experts.

Of the 23 active mines in Quebec, 15 are headquartered outside the province. Of these, 9 are directed from another Canadian province and six other major shareholders are of international origin, according to Bloomberg and the Quebec Mining Association (QMA).

But the big surprise is the increased presence of Asian investors, who are beginning to take more and more space in the Quebec mining landscape.

Four major mining projects have now received a major investment from Chinese companies Chengdu Tianqi Industry Group, India's Tata Steel and Japanese Japan Oil & Gas Metals.

Chinese, Koreans, Japanese and Indians are interested mainly in iron, but also the rare earths used in the manufacture in Asia smartphones.

"In the mining sector, the Chinese are the most active in Canada, although the Koreans and Indians are too. They provide the capital market ¬ household can not provide, "said lawyer David Massé, a partner at Stikeman Elliott specializes in the mining sector.

Mr. Massé indicates that political influence is visible in the decisions taken by the Chinese mining companies, who seek and secure the resources needed to supply the country's industrialization.

Recently, the involvement of the Chinese in Quebec mines has resulted in the injection of $ 240 million from the Chinese company Wuhan Iron & Steel (Wisco) in a project of mine, estimated at some $ 650 million at Bloom Lake.

The project is led by Toronto-based Consolidated Thompson Iron Mines, but Wisco holds 19.9% ​​shares of Consol Thompson and 25% of assets Bloom Lake.

In January 2011, Cliffs Natural Resources ¬, owner of Wabush Mines, acquired Bloom Lake mine for $ 4.9 billion.

A few months after the acquisition, Wisco has reached an agreement with the company ¬ Toronto Adriana Resources for the development of a mining project $ 13 billion Otelnuk Lake, 170 km north of Schefferville.

The Chinese giant is committed to investing $ 120 million against a 60% project, Adriana holding the rest.

Wisco is also a partner of Century Iron Mines, which intends to develop a mining project on the property Attikamagen in the territory Labradorian. As Wisco, Century Iron Mines and the other partner, Minmetals, are the property of the Chinese government.

Last spring, the largest steel producer in China, Hebei Iron & Steel, has invested $ 194 million in the company ¬ Alderon Iron.

Alderon company, which is preparing to mine in Labrador, received a commitment of $ 400 million from the Chinese. The developer still has undertaken the construction of facilities at Fermont in 2013.

With the support of the Chinese steelmaker and market access of the Middle Kingdom, Alderon Iron Ore Corporation is now in a position to become a world-class company, according to its leaders.

According to Mr. Massé, investments have so far been a minority, except in one case. "The years will tell us what the impact of these investments, but at the moment it is rather positive," he says.

In an interview, independent economist Ianik Marcil was more worried about the foreign presence almost exclusively the largest projects of the Plan Nord.

"For now, we let foreign companies extract stones from our basement and start to produce goods with high added value," he said. According to the expert, Quebec misses the opportunity to build a real metal die, like the industrial ecosystem that is built around the hydropower. "We sleep gas," he critical.

Other Asian investments

Indians in Schefferville There is not that Chinese companies have an eye on the resources of the Belle Province. In early 2011, the Indian group Tata Steel ¬ partnered with the Canadian company New Millennium Iron to form Tata Steel Minerals Canada. In this entity, the Indian group owns 80% of shares and 20% of New Millennium.

This must be delivered by the end of its first production of iron DSO (Direct Shipping Ore) from previous installations of Iron Ore in Schefferville, closed since 1982.

The project provides for the DSO ore processing and shipping facilities without the Tata Steel Group, which has agreed to acquire all of the ore from the old mines.

Also, Tata Steel has announced its commitment to Taconite Project, estimated at $ 4.8 billion, which involves extracting the ore sites LabMag and KeMag (nine billion of reserves ferrous). LabMag is situated in territory Labradorian KéMag and Quebec.

The concentrates will then be converted to Sept-Îles before being shipped to market. The operation is scheduled for around 2015. The Japanese Strange Lake

Japan society Metals Oil & Gas (JOGMEC) is engaged in the development of a mining project REE property Ytterby, 200 km northeast of Schefferville.

The instigator of the project Midland Exploration Montreal society, which has partnered with JOGMEC. Midland acquired Ytterby in autumn 2009 and has an agreement with JOGMEC the following spring. The two companies now hold the property in equal shares.

JOGMEC, under the Japanese Ministry of Economy, Trade and Industry, has a mandate to invest in mining development projects around the world to ensure that Japanese industry ¬ a constant supply natural resources.

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.618.685 von ironfahrrad am 18.09.12 21:57:31

So langsam nimmt die Sache Konturen an.

[ironfahrrad]

http://de.advfn.com/p.php?pid=staticchart&s=T^NML&p=0&t=19&d…

http://www.investorsforum.ca/program.html

Vielleicht liegen gute Ergebnisse
vor.
Resource Investors Forum vom heutigen Tag.

[ironfahrrad]

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.618.685 von ironfahrrad am 18.09.12 21:57:31

The Canadian Business Journal
18.09.2012

New Millennium Iron
Iron Will

Though it is still a “small” junior miner, New Millennium Iron has heavyweight backing, huge resources and big production goals.

From its beginnings as a capital pool company in 2003, New Millennium Iron has grown into an emerging producer controlling one of the largest iron ore resources in the world – the Millennium range, a 210km long taconite belt in eastern Canada.

The company’s direct shipping ore (DSO) project in partnership with Indian steelmaking giant Tata Steel is first to development because of its smaller scale and relatively lower capital costs. When the DSO project goes into production by the end of the year, New Millennium will become an operating company with near-term cash flow.

In 2013, the company is targeting 2 million tonnes (Mt) in production, ramping up to full capacity of 4.2 million tonnes per year (Mt/y) in 2014. Tata Steel Europe, which has plants in the UK and Netherlands, has committed to 100 per cent of the offtake at market prices from the joint venture company, Tata Steel Minerals Canada (Tata Steel 80 per cent: New Millennium 20 per cent).

It’s a brownfield development located in the historic iron ore producing region of Northern Quebec and Labrador and had been previously operational until the market lost its appetite for lower quality of ore being produced by the operation.

Dean Journeaux, chief executive of New Millennium, gets his share of questions on this point – what makes him think he can do better today?

“The operator closed down the mine in 1982 because for one, the market was bad, but also, the product was not treated, not upgraded, running around 58 or 59 per cent iron. We are upgrading the run of mine ore grade to a 64.5 per cent iron, in other words, we are meeting today’s market requirements for quality, and of course, the price of iron ore has gone up quite a bit since 1982,” Journeaux says.

Tata Steel is arranging financing for up to C$300 million of the capital costs, with New Millennium responsible for 20 per cent of the excess.

Human resources

The DSO project is just the beginning for the Indian steelmaker in Canada, and it will be using the experience as a tester before considering the far more significant Taconite project, which comes with estimated capital costs of between $4.4 and $5 billion dollars for each of the two deposits targeted for development.

A $50 million feasibility study, expected to be completed by the end of the year, is underway for the two deposits, KéMag in Quebec and LabMag in Western Labrador. Tata has an option to develop either one or both properties, with New Millennium free to decide what to do should Tata not go ahead.

LabMag is located about 30km northwest of the town of Schefferville, Quebec. About 1,800 First Nations people live in the surrounding area, a sizeable population that Journeaux says can go far in meeting the projects’ human resources needs in the future – the plant operators, truck drivers, mechanics, electricians and other supervisory, management and administrative personnel who will be required to maintain operations.

On the DSO project, the JV, Tata Steel Minerals Canada, has an impact benefits agreement with First Nations groups. Apart from employment, the company is providing training and has donated $50,000 to run a bursary programme at the region’s secondary schools.

“I get asked if I am worried about the future labour supply considering the global skills shortage and I guess we are, but on the other hand, we have this tremendous asset in the surrounding communities and if we can encourage people through education and through other means, we hope it will bring them into the employment pool,” says Journeaux.

For now, the company estimates that at least 1,000 people will be needed to operate at each of the deposits while facilities at Schefferville are insufficient to support such an influx of people. As a result the operation is expected to be fly-in, fly-out.

Taconite technology

LabMag is owned 80 per cent by New Millennium and 20 per cent by Naskapi Nation of Kawawachikamach through an initial investment, one of the first such arrangements with a First Nations group, and KéMag is 100 per cent owned by the company. Production is expected by the end of 2016, ramping up in 2017 for full production at 22Mt/y, of which 17Mt/y will be pellets and 5Mt/y will be pellet feed. The company expects to have grades of 69 per cent in the concentrate and slightly lower for the pellets.

Journeaux explains that the operation will be able to make acid and fluxed pellets at various silica levels for blast furnace use as well as a low gangue direct reduction grade pellet. That, he explains, means the company can tailor the product to the demands of the steel industry.

The Taconite project will be an open pit mining operation with a crushing plant, grinding and magnetic separation facilities with concentrate transported either by rail or in slurry form via 600km ferroduct to Port of Sept-Iles.

New Millennium is using engineering firm SNC Lavalin as the study manager for the feasibility study and has also contracted specialist German firm, Studien Gesellschaft für Eisenerz-Aufbereitung as its primary metallurgical process consultant while Midland Research Centre, in Minnesota, provides crushing, blending and characterisation work of samples.

Journeaux explains that the process to mine and process Taconite was developed in Minnesota because the US state is home to the massive Mesabi iron range. Aside from Midland Research Centre, other Minnesota-based specialists have been brought on board. Barr Engineering will be doing work on the concentrator and the company uses the University of Minnesota Coleraine Minerals Research laboratory facility.

As with the DSO project, Tata Steel Europe is expected to be a major offtake customer for the Taconite project as well, taking at least half of the product. The rest will be left for the open market.

For that product to reach Asian markets, however, the Port of Sept Iles will need an upgrade for a deep water dock capable of handling ships with 360,000 to 400,000 tonnes of capacity. This last February, those development plans received a boost when the Government of Canada announced financial support of $55 million, or 25 per cent of the project costs, towards construction.

“[The deep water dock] is under detailed planning right now…we need those larger vessels to lower freight costs so this is an important factor in our development plan,” he says.

Strategic board

In furthering that development plan towards production, New Millennium’s board represents a broad range of backgrounds with experience in mining, accounting, business and marketing, geology, strategy and most recently, commanding the Canadian Armed Forces.

General (Ret.) Rick Hillier, former Chief of the Defence Staff, the highest rank of the Canadian Forces, joined New Millennium’s board in 2011. If that seems surprising, consider this, what iron ore project couldn’t use a leader with a steady resolve who doesn’t waver under pressure?

“He’s managed large groups of people and facilities, the logistics side, but a good part of the decision was that he is a Newfoundlander. We were trying to find somebody with good business sense, experience and who understands the area in which we operate, looking down the list [Rick Hillier’s] name certainly popped,” Journeaux says.

He adds that the high profile appointment is a welcome boost in furthering the company’s vision to develop the Millennium Iron range into a world class mining operation.

“New Millennium is a small junior mining company on the TSX Exchange but we have these very large deposits and we see it becoming another Mesabi iron range, which had eight or so mining operations at one time in different pits. We have this resource which will last for upwards of a century and the world’s iron ore resources are being depleted at a considerable rate, and also other factors, declining grades, quality. We have a brand new operation where we will be able to put out the highest quality products and all of this purports for a strong future for New Millennium and we hope that one day we will rank in the larger mining companies in the world, certainly in iron ore,” Journeaux says.

[ironfahrrad]

" The dome is steel structure with fabric roof covering with a span of 106 meters. The structure consists of 38 arches and first phase will take about a month to erect. "
Da geraten die wohl etwas aus dem Zeitrahmen. Am 28.08.2012 waren
16 "arcades" errichtet.

Ich rechne mit der Fertigstellung der Stahlkonstruktion früestens Mitte/Ende Oktober.
Und dann schnell das Dach drauf.

[ironfahrrad]

Aus stockhouse:
NML Presentation in Sept-Iles yesterday


I attended a presentation by NML/Tata Steel in Sept-Iles yesterday. Dean Journeaux’s allocution about Taconite seemed to please the crowd of local business people, aboriginal representatives and local investors. When compared with past presentations I attended, I must say that he did a much better job at explaining the virtues of the pipeline he envisions. Strangely, for the first time, I noticed a change in vocabulary. He replaced the term ‘pipeline’ with ‘ferroduc’, in French. A change which clearly aims to boost the credibility of this innovative system. Seems that locals associate the term ‘pipeline’ with ‘liquids’, and gave little credence to the system. This rebranding was accompanied by several documented examples of other successful ‘ferroducs’. Good marketing. The local Innu representatives also seemed to like the idea that a buried ‘ferroduc’ would allow free passage to the animals. Do not underestimate the Innu’s, their support is crucial to NML’s success.

I was much less impressed with M. Blake’s (Tata) DSO presentation. First, a PowerPoint presentation in English, right after a PQ win at the elections, was a big mistake. Ironically, he told the crowd about Tata’s core values, which include integration with the local communities. In my opinion, that would start with PowerPoint presentations in the audience’s language.

At question period, I asked M. Journeaux (loose translation) : “Given that you aim to finance at least part of the Taconite project with DSO profits, given the plummeting iron ore prices and given LIM’s mitigated results with a similar project, at which level in iron ore prices do you believe DSO will be profitable?.” Dean JournEaux (loose translation) : “Well, I don’t have the numbers with me, but I am sure it will be profitable. I am certain we will make profits.” Quite sure that JF Kearney at LIM thought the same. I was not convinced, despite the verve and poise.

Nevertheless, I very much appreciated the conference. I am cynical, perhaps, but I know deep down that their HUGE resource base and long term potential make this a great project and a great investment. And in the end, that was M. Journeaux’s point."

[ironfahrrad]

Chinas Pläne treiben Eisenerz
Ingrid Heinritzi, Freie Wirtschaftsjournalistin 19 / 09 / 2012


http://www.miningscout.de/Kolumnen/Chinas_Plaene_treiben_Eis…

[ironfahrrad]

Ja muss ich mich denn alleine freuen??

Keiner da?

[sinsala1986]

Antwort auf Beitrag Nr.: 43.623.435 von ironfahrrad am 19.09.12 22:10:22

nö,

da zieht wer unter gut zunehmendem volumen an!

[ironfahrrad]

Indian Tata Steel to mine iron ore in Arctic Canada


http://www.globaltimes.cn/content/729515.shtml

[sinsala1986]

aus stockhouse:

"If you use the feasibility study published in February of 2011 as guidance then the cost per tonne is projected to be $32.50 for a 64.5% Fe Sinter and Super Fine product. With the discovery of more ore in the Timmins area Dean Jorneaux said this past May that he believes the operating costs of the DSO project can be further reduced.

.

http://www.nmliron.com/data/attribute/upload/NR1212.pdf

.

In theory let's say the feasibility report is accurate, and let's say it costs about $5 to ship ore to Europe. Then the break even price would be:

Cost per tonne = $32.50

+ Premium of 2.5% to benchmark = $33.81 (i.e., +$1.31 over world price)

Net out the Premium= $31.19

Break Even with Shipping= $36.19 (i.e., $31.19 + $5.00 shipping)

.

Of course theory and reality are two different animals, but time will tell if NML can prove to be one of North America's lowest cost producers."

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.627.873 von sinsala1986 am 20.09.12 20:22:51

Schon erstaunlich dieser Optimismus, die Kosten von 32,50 $ noch weiter reduzieren zu können.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.627.951 von ironfahrrad am 20.09.12 20:37:34

jo, aber würde er zu viel versprechen, würde er ja ein großes risiko bzgl. wortbruch/fehlinformationen eingehen.

am anfang werden ja bekanntlich die kosten eh höher sein als die anvisierten kosten. was aber nach der ramping-up-phase kommt, wenn alles eingespielt und abgestimmt ist, das ist, was dann wirklich auf dem blatt zählt und den wahren wert von nml offenbart.

[ironfahrrad]

Zwar vom 10.08.2012, aber man kann ja mal reinschauen.
Feasibility Study on a New Railway in the Labrador Trough Moving Forward

http://www.andrewjohns.ca/sites/all/themes/aj/images/pdf.gif

[ironfahrrad]

Feasibility Study on a New Railway in the Labrador Trough Moving Forward
Event: On August 10, 2012 prior to market open Canadian National Railway Company (CN)
announced that it has committed to work with a potential “customer group” of iron ore
companies on a feasibility study for the construction of a new rail line and terminal handling
facility to serve the Labrador Trough iron ore district.
Details:
 This follows the March 20, 2012 announcement from the Quebec 2012-2013 Budget,
that CN and the Caisse de depot et placement du Quebec are collaborating on a project
for a rail line from the Port of Sept-Iles, Quebec to just north of Schefferville, Quebec
(more than 800 km ).
 Five iron ore companies have committed to work with CN on the feasibility study:
Alderon Iron Ore Corp., Cap-Ex Ventures Ltd., Cliffs Natural Resources Inc., Labrador Iron
Mines Holdings Ltd., and New Millennium Iron Corp.
 CN, the Caisse, and the mining companies will cooperate on determining the best design
and schedule for the development of the railway.
 CN intends to coordinate the federal environmental application for the project.
Analysis:
We view this as a positive indication that the process to construct a new rail line in the
Labrador Trough is moving forward, and it should be viewed as beneficial for the iron ore
companies in the region. In our view, the Labrador Trough is an under-utilized iron ore
district with potential for significant growth. Two things have been required to make this
growth a reality – an expansion of the port in Sept-Iles, and an improvement in the rail
network for the region. Over the last month the majority of the required financial
commitments have been made by iron ore companies port expansion. Today’s
announcement is a milestone towards achieving the necessary rail infrastructure upgrade.
The press release also mentioned the development of a terminal handling facility, which is
an important inclusion. Such a facility was not part of the proposed port expansion, but is
required to ensure seamless transportation of iron ore from the rail line to the dock.
From our understanding, today’s announcements only confirm the commitment of the five
iron ore companies to participate in the feasibility study. Although we are disappointed that
some notable Labrador Trough companies are not included in today’s announcement (such
as Champion Minerals Inc., Century Iron Mines Corp., and Adriana Resources Inc.), we do
believe that there is potential for future cooperation between CN and a more
comprehensive group of mining companies developing projects in the Labrador Trough.
Company Ticker Ticker Current Rating
Primary Secondary Price
Iron Ore
Alderon Iron Ore Corp. ADV-TSX AXX-NYSE C$2.43 Market Perform 3
Champion Minerals Inc. CHM-TSX C$0.87 Outperform 2
New Millennium Iron Corp. NML-TSX C$1.43 Outperform 2

[ironfahrrad]

http://www.mining.com/chinese-backing-in-labrador-trough-to-…

[sinsala1986]

DSO Production Begin, Fotos von NML's Homepage:








Der Dome:



DSO Process Plant Video:

[cervical]

New Millennium Iron Corp. Announces the Completion of Drilling of the Lake Perault and Sheps Lake Properties and Partial Drilling Results
http://tmx.quotemedia.com/article.php?newsid=54744637&qm_sym…
CALGARY, ALBERTA--(Marketwire - Oct. 3, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today the completion of drilling at its 100% owned Perault Lake property and 80%* owned Sheps Lake Property. 48 holes were drilled in Perault Lake for a total of 3890.8 m. and 22 holes in Sheps Lake for a total of 1918.1 m. The combined total area of both Sheps Lake and Perault Lake is approximately 17.25 km² with an average thickness of 60 m, where the taconite is un-altered giving excellent Davis Tube concentrate ("DTC") recoveries with very low concentrate silica values (less than 2.00%) and high Fe values (>70.00%). These results highlight the potential for the production of direct reduction ("DR") grade pellet feed from these properties.

Currently drilling is in progress in the Howells Lake area. This area comprises 100% NML owned Howells Lake property and 80%* owned Howells River North property. The taconite occurring in this area is a stratigraphic continuation of the LabMag deposit and connects to the KéMag deposit in QC. NML in 2006 drilled one hole in the central part of the region which also confirms the continuity of the stratigraphic units (refer to NR 11-25). Assay results for certain holes have been received to date from the Howells Lake area. Two cross sections each from Perault Lake and Sheps Lake with the average assays are shown below.

Dean Journeaux, President and CEO of NML, said," This year's drilling results from Sheps Lake and Perault Lake indicate that we now have the potential to discover new significant deposits that would add to our growing resource base. The coarse liberating characteristics of the material and expected low SiO2 in the concentrate would lend itself to lower energy requirements during the concentrating process to produce DR grade pellets. The results from Howells Lake and Howells River North indicate a continuity of mineralization between LabMag and KéMag deposits. When we have the remaining results, we plan to undertake a resource estimate in order to obtain N143-101 compliant resource estimates.".....

[sinsala1986]

Labrador Iron Mines scheint größere Probleme zu haben.
Unerwartet mussten die eine dilutive Equity-Finanzierung (trotzdem die ja Producer sind) zu dem schlechten Kurslevel vollziehen.

Tja, wenn der Eisenerzpreis fällt und man selber zu hohen Kosten produziert und nebenbei noch kostenintensiv explorieren muss...

Hier ein Bericht dazu:

Oct 2, 2012 5:28 PM

Labrador Iron Mines falls on hard times

2012-10-02

Despite having the distinction of being Canada’s newest and only independently owned iron ore producer Labrador Iron Mines’ (LIM-T) has been on a rough ride over the last while.

In April of last year the company’s stock was trading in the $14.00 range; it began 2012 trading in the $5 to $6.00 range; by August its highest close was $2.17, and on Oct. 2 the company’s maligned stock finished the day trading for just $1.01 — off 10% from its close the day previous.

The latest drop came after it announced an equity financing deal that will raise $30 million for working capital and general corporate purposes, but will dilute current shareholders to the tune of 30 million new shares in the process.

That represents a 34% increase in paper over the previous 67.3 million shares outstanding, and it had analysts revising price targets for the company downward.

Haywood Securities analyst Colin Healey, for one, lowered his target to $2.40 from $4.70 per share.

“Labrador Iron Mines is in the middle of a difficult iron ore market as current iron ore price levels continue to exert margin pressure on LIM and threaten to reduce realizable cash flow from sales,” Healey wrote in a research note.

Healey also pointed out that the equity issuance price of $1.00 per shaer is a 31% discount to LIM's 20-day volume-weighted average price of $1.44 and an 11% discount to the price at announcement of $1.12.

The monumental slide in the company’s market cap has come amidst steep declines in iron ore prices — a slide that accelerated just after the company reached commercial production at its James Mine and Silver Yard processing plant.

The company’s plan has been to generate 2 million tonnes of production from James and then move on to its second stage of development by mining its flagship Houston deposit by the middle of next year.

Houston has measured and indicated resources of 23 million tonnes of grading 57.2% iron and is expected to add over 2 million tonnes of iron ore production per year over a 15 year mine life.

But with the price of the metal falling roughly 30% to below US$90 per tonne over the course of August, LIM had to hold off on its bold development plans.

In early September the company announced that all capex connected to the Silver Yards processing plant and the mining of the Houston deposit have been deferred and that its 2012 exploration program was being cut to $5 million from the original budget of $8.6 million.

It also halted the use of its higher cost wet processing plant at Silver Yards and will instead use its lower-cost dry processing system. It was able to make the switch thanks to ore from James being soft and high grade, thus lending itself to a more simple processing system that doesn’t need washing. The dry process stream has a design capacity of 20,000 tonnes per day.

The steep fall in iron ore prices in August was connected to reduced demand from China after steelmakers went on a buyer’s strike and liquidated inventories.

As for the future, the company says it expects a rebound in iron ore prices, a thesis that is supported by Haywood’s Healey, and by the metals recent minor recovery to US$106 per tonne.

LIM says that the recent destocking by Chinese steel producers can’t continue indefinitely and buyers will return to the market. It also argues that with current Chinese import prices being well below the marginal cost of Chinese production, there is an implied floor on the price of iron ore of US$120 per tonne.

Healey expects iron ore price to average out at US$118 per tonne over the course of next year.

On the more positive side of things, the company recently reached an agreement with the Sept-Iles Port Authority that will give it access to a minimum of 5 million tonnes per year of capacity at a cost of $12.8 million.

But if prices don’t recover, it will not likely use up half of its allotment.

Without Houston coming on stream, Healey estimates, LIM could produce 2 million tonnes of iron ore from James for five years.

[ironfahrrad]

news

http://www.stockhouse.com/bullboards/messagedetailthread.asp…

New Millennium Iron Corp. Update on Its Direct Shipping Ore Project and Production Plans to Increase to 6 mtpy
CALGARY, ALBERTA--(Marketwire - Oct. 23, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that ore production of sinter fine products, by Tata Steel Minerals Canada Limited ("TSMC"), a joint venture between Tata Steel Limited and NML, is progressing well, with approximately 250,000 tonnes of production to date. The ore is grading over 63% Fe, and is being processed in a portable dry crushing and screening circuit before shipping (see news release 12-22 dated September 12, 2012). It is estimated that 300,000 tonnes will be produced in 2012. The installation of the dome structure is currently in progress. TSMC is on track to produce 2.0 million tonnes ("mt") in 2013 and to produce 4.2 mt per year ("mtpy") of sinter and super fines in 2014. TSMC is also developing plans to increase production to 6 mtpy in 2015 to maximize the use of the current facilities.

Dean Journeaux, President and CEO of NML, said: "We are at an important milestone in the Company's history with the beginning of stripping in August and ore production in September of this year. This will allow TSMC to prepare the mines to feed the processing plant next year. We are very pleased that TSMC has decided to proceed with this interim step in order to ensure an orderly start-up of production in 2013. TSMC's plans for a potential increase in capacity are also an important step for the future".

2012 Production Plan:

TSMC has received necessary mining permits from the Government of Newfoundland and Labrador to mine the deposits located in the Timmins area, close to the processing plant. A portable dry crushing and screening plant is in operation. Contracts have been awarded for drilling and blasting as well as mining and hauling the ore to the plant and to load rail cars.

The operation will continue until end October 2012 when about 250,000 tonnes of sinter fines and 50,000 tonnes of lump ore are expected to be produced. Mine development will continue through winter to meet the production requirement for the next year.

Project's Progress:

TSMC advises that the DSO Project is on track to produce 2.0 mt in 2013. Most of the necessary agreements are in place, and development and construction activities are on-going to achieve the estimated production targets of 4.2 mtpy by Q4, 2013 and 6 mtpy in 2015, as summarized below:

MOU regarding the rail tariff with TSH. TSMC has invested $4.0 million for the track rehabilitation program in 2011. Another $4.5 million is being invested in 2012,
QNS&L transportation agreement concluded,
Agreement reached with KéRail, an independent operator, for 20 km spur from the plant yard limit to Schefferville,
Five hundred and five ore cars delivered (100 t capacity),
Use of deep water dock to be constructed in Sept-Îles to ship 5 mtpy, for which TSMC has agreed to invest $12M,
Construction of the dock has commenced,
Awarded contracts for drilling, blasting, mining, operation of screening plant and transportation of the products to the rail yard for shipment,
Start of delivery and installation of the major process equipment in Q4, 2012 and remainder in Q1 & Q2, 2013,
Start of commissioning of the equipment in Q3, 2013,
Negotiations are underway to conclude interim transportation arrangements for the last leg of the logistics chain between Arnaud Junction near Sept-Îles to the Port of Sept-Îles' to an existing terminal at Pointe-Noire until the deep water dock is available, expected in mid-2014.
Capital Cost Estimate:

During the feasibility study, (as of February 2011), the gross capital outlay for the Project, including leasing and financing, was estimated at US$ 428.5 million or (C$475 million at that time) for 4 mtpy of products (see news release 10-02 dated February 25, 2010). TSMC's current estimate to complete the Project to produce 4.2 mtpy of sinter and super fines is about C$560 million including estimated requirements for working capital, and escalation but excluding estimated requirements for equipment leasing and mine closure rehabilitation.

The cost increases can be largely attributed to the following major factors: changes in the project's scope, unexpected soil conditions, steel fabricated dome structure, increased EPCM cost, and increased cost of construction. Cost escalation expected to complete the project has now been included for inputs such as equipment, fuel and construction costs. NML will be required to contribute 20% of the equity portion relating to the initial capital costs in excess of $300 million, or approximately $16 million. The Project is expected to be financed with 30% equity and 70% debt.

Read more at http://www.stockhouse.com/bullboards/messagedetailthread.asp…#ftEk7cpslxJkdMeW.99

[sinsala1986]

hatte ich doch richtig spekuliert, dass die nicht nur auf die geplanten 4,2mtpy sondern gleich weiter auf 6mtpy hochgehen. dass der capex auf 560mio CAD angeschwollen ist, kann man auch (neben anderen faktoren) mit einer breiteren basis erklären, die für mehr ausgelegt sein muss, um sich dann weiter stetig steigern zu können.

aber finde ich schon lustig, dass Tata Steel die 6mt schon monate vorher nennt, bevor NML das mit einem production-update offiziell machen will. der große bruder darf das wohl ungeschoren machen :-D

Zitat von sinsala1986: ich hatte ja bereits mal darüber spekuliert, dass es möglich sein könnte, dass NML mit TSMC die Produktionsrate für das DSO-Projekt erhöhen könnte:

Zitat von sinsala1986: warum aber auf einmal die "ramping up to 100% production"-zeit so viel größer ausfällt, kann ich mir noch nicht erklären. vielleicht ja einfach, weil sie das projekt ein bisschen größer aufziehen (siehe überlegung --> höhere produktionsrate) und das eben länger dauert?

Zitat von sinsala1986: was mich aber ein bisschen grübeln lässt, sind folgende infos aus der news:

"...providing NML with access to a minimum of 15 million metric tons of annual shipping capacity from the new multi-user deep water dock facility..."

"...NML has a take or pay obligation based on a discounted rate applied on 50% of the reserved capacity."

das hieße ja, dass die für eine 7,5 mio. t/y kapazität einen rabatt dort bekommen. da ich nicht davon ausgehe, dass NML jetz schon kapazitätsreserven für das große taconite-projekt bereit hält, welches selbst wenn es beschleunigt wird, nicht vor 2016 in produktion gehen wird. das DSO-projekt ist mit einer produktionsrate von 4,2 mio. t/y angesetzt und soll bis Q4/2013 auf 100% auslastung gebracht werden. da letztens die resource vom DSO-projekt vergrößert wurde, wurde ja schon darüber spekuliert, dass eine höhere produktionsrate als bisher geplant eine option wäre.

hier habe ich jetzt einen offiziellen hinweis dazu gefunden:



Aus der aktuellen Investor-Presentation von Tata Steel:
http://www.tatasteel.com/investors/pdf/investor-presentation…

[cervical]

Zitat von Hans60: Webseite ------ OnVista ------ ADVFN [img]http://t2.gstatic.com/images?q=tbn:ANd9GcTX9VyBTBdsLrJL9s6uU68cSfva2d-cPAjVm0gAwANKuSmQW3WflQNeAtw" class="loadOnSight resize" longdesc="220" />



New Millennium Iron Corp ( TSX : NML )





25.10.12
Eisenerz steht nach Einschätzung vieler Anleger z.Zt. nicht hoch im Kurs
Dies spiegeln auch viele Aktienkurse von Eisenerzproduzenten wieder. Wirtschaft und damit auch Rohstoffe unterliegen einem bestimmten Zyklus. Besteht ein Überangebot fallen die Preise und die Produktion wird zurückgefahren bis man dann wieder feststellt, dass eine bestimmte Ware bzw. Rohstoff am Markt fehlt wie z.Zt. Eisenerz in Indien.
Aufgrund globaler Trends und deren Rückwirkungen, zum Beispiel zunehmender Industrialisierung der Schwellenländer, steigendem Lebensstandard und wachsender Weltbevölkerung, wird eine Verdopplung des Rohstoffverbrauchs innerhalb der nächsten 20 Jahre prognostiziert. New Millennium Iron Corp. hat "sinsala1986" im TL - Thread vorgestellt und nach einigen Recherchen habe ich eine erste Position angelegt.
H

[Hans60]

Webseite OnVista ADVFN



CALGARY, Alberta, Kanada
1. November 2012 - New Millennium Eisen Corp gab heute bekannt, dass es Rock-Gagnon zum Vice-President ernannt hat, sein Spezialgebiet ist Prozess-und Anlagentechnik. Mr. Gagnon bringt 19 Jahre Erfahrung in der Konstruktion und den Betrieb von Aufbereitungsanlagen und Prozess-Design für Eisen, Basis-und Edelmetalle mit.

Seit 2005 arbeitete Herr Gagnon als unabhängiger Berater, unterstütze New Millennium Eisen Corp, Tata Steel Minerals Canada Limited ("TSMC") und einige Ingenieurbüros in verschiedenen Projektentwicklungen, vor allem in der Eisenerzverarbeitung.

Den vollständigen Bericht in englischer Ausführung finden Sie zu Ihrer Information unter :
http://www.nmliron.com/news-media/news-releases/nr1225

New Millennium Iron Corp ( TSX : NML )





2012 Produktion :
Das Unternehmen hat die erforderlichen Bergbau-Genehmigungen von der Regierung von Neufundland und Labrador für die Ablagerungen im der Timmins gelegen Mine, in der Nähe der Verarbeitungsanlage, empfangen.

Eine transportable trocken Brech-und Siebanlage ist in Betrieb . Die Produktion hat bis Ende Oktober 2012 ca. 250.000 Tonnen Sinterfeinerz und 50.000 Tonnen Stückerz betragen und wird fortgesetzt. Durch die weitere Minenerschließung wird auch weiterhin eine gute Voraussetzung für das nächste Jahr geschaffen.

Projekt :
Das Unternehmen hat darauf hingewiesen, dass das DSO-Projekt auf Kurs ist um im Jahr 2013 2,0 mt zu produzieren. Die meisten der notwendigen Vereinbarungen sind vorhanden, und die Entwicklung und Baumaßnahmen sind im Gange, um die geschätzten Produktionsziele von 4,2 mtpy im Q4, 2013 und 6 mtpy im Jahr 2015 zu erreichen.



Einschätzung - Eisenerz
Eisenerz steht bei vielen Anlegen z.Zt. nicht hoch im Kurs, dies spiegeln auch viele Aktienkurse von Eisenerzproduzenten wieder. Wirtschaft und damit auch Rohstoffe unterliegen einem bestimmten Zyklus. Besteht ein Überangebot fallen die Preise und die Produktion wird zurückgefahren bis man dann wieder feststellt, dass eine bestimmte Ware bzw. Rohstoff am Markt fehlt wie z.Zt. Eisenerz in Indien. Der Markt hat sich allerdings nur auf die negativen kurzfristigen Aspekte konzentriert, wodurch es zu umfangreichen Verkäufen an den Rohstoffmärkten gekommen ist. Ein Absturz der Eisenerzpreise war die Folge.

Aufgrund globaler Trends und deren Rückwirkungen, zum Beispiel zunehmender Industrialisierung der Schwellenländer, steigendem Lebensstandard und wachsender Weltbevölkerung, wird eine Verdopplung des Rohstoffverbrauchs innerhalb der nächsten 20 Jahre prognostiziert. Darüber hinaus dürften auch Indien und andere Schwellenländer zu einer hohen Nachfrage nach Eisenerz beitragen.

Der Eisenerzpreis hat sich in den vergangenen Wochen von seinem Tief im August von 86,7 USD je Tonne, was der niedrigste Stand seit Oktober 2009 war, wieder etwas erholt. Ich erwarte durch die Freigabe der nationalen Planungsbehörde Chinas von rund 157 Mrd. USD für Infrastrukturprojekte sowie positive Konjunkturdaten der US-Industrie am Montag weiter steigende Eisenerzpreise.
Eine weltweite Rezession, wie einige Experten fürchten, fällt erst einmal aus.
H
.

[sinsala1986]

gestern auf der messe habe ich einen offiziellen von jennings capital getroffen, der schon 3 mal auf den liegenschaften von nml war. auf meine frage, ob tata steel denn in das große taconite-projekt investieren würden, meinte er kurz, sicher und bestimmt: "they will take it!"

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.783.680 von sinsala1986 am 04.11.12 09:52:30

Danke für deine infos.

iron

[ironfahrrad]

http://www.mining.com/power-issues-could-get-in-the-way-of-c…

Auszüge:

Iron ore production in Labrador could grow from the current 26 million tonnes per year to 81 million tonnes if all projects proposed are developed. Over a 21-year period, such growth would result in an additional $80 billion in new capital and operating expenditures. It would also imply 358,000 person years of employment, $117 billion in GDP and an additional $17.5 billion in tax revenue for the province.

Alderon Iron Ore Corporation’s Kami project, Tata Steel Canada Labmag project, Vale Inco’s Voisey’s Bay underground mine and Labec Century Iron Ore’s Joyce Lake are all undergoing feasibility studies.

[ironfahrrad]

Tata Steel Minerals Canada Awarded Miner of the Year for 2012

Tata Steel Minerals Canada and New Millennium Iron have been recognized with the “Miner of
the Year Award” by the Canadian Institute of Mining, Minerals and Petroleum
(CIM), Newfoundland and Labrador on 3rd Nov 2012 in St John’s. The Award was received by
Mr. Bob Martin, founder and former president of New Millennium Iron, Mr. Lee Nichols,
Chairman of New Millennium Iron and Mr. Rajesh Sharma, CEO & Managing Director of Tata
Steel Minerals Canada Limited. This award is in recognition and acknowledgement of significant
strides made by the company and also commencing production in a new iron ore mine in
Labrador in 2012.
This prestigious Mineral Industry Award was presented at the 2012 Mineral Resources Review,
during the Gala Awards Dinner held on November 3rd, 2012 in St. John’s. Mr. Allan Cramm,
President of CIM Newfoundland, presented the 2012 Industry Award, as mineral industry
representatives from across the province and country gathered in St. John’s for the annual
Mineral Resources Review Conference and Trade Show, eastern Canada’s largest mineral
industry event.

[ironfahrrad]

NEW MILLENNIUM IRON CORP. ANNOUNCES FINANCIAL RESULTS
FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2012

http://www.nmliron.com/data/attribute/upload/NR1226.pdf

[ironfahrrad]

Für Neueinstieger und Interessierte eine kurze Zusammenfassung.

http://emi-magazine.com/index.php/sections/special-focus/635…

Hoffentlich kriegen die das Ding bald fertig.

Wird ja riesig.

"But TSMC’s entire plant will be built under a fabric dome measuring 170 meters long by 110 meters wide and 35 meters high that will enable it to operate year-round."

[ironfahrrad]

Expertenmeinung Eisenerzpreis sollte sich auf dem aktuell wieder höheren Niveau halten können
Autor: Björn Junker
| 14.11.2012,


Der Eisenerzpreis stieg am Dienstag auf das höchste Niveau seit Juli. Die Stahlhersteller in China bedienten sich bei den Importen, während einige Minen in der Volksrepublik auf Grund der Kälte geschlossen wurden. Der neue Appetit auf Eisenerz könnte aber zusammen mit der Stahlnachfrage bald wieder etwas nachlassen, glauben Experten.

Denn die Bauaktivitäten in Norden Chinas, wo es bereits heftige Schneefälle gab, haben sich verlangsamt, erklärten Händler. Und das dürfte die Nachfrage nach Stahl und schließlich auch nach dem Rohmaterial Eisenerz wieder begrenzen.

Für Eisenerz mit einem Eisengehalt von 62% wurde am Dienstag ein Preis von 122,30 USD pro Tonne gezahlt. Damit war der Rohstoff so teuer wie seit dem 24. Juli nicht mehr. Damit könnte der Eisenerzpreis im November den dritten Monat in Folge steigen. Er liegt jetzt bereits 2,5% vorne.

[ironfahrrad]

INVESTING IN THE MINING SECTOR
IN QUÉBEC

NML insbesondere auf den Seiten
9,10,12

http://www.mrn.gouv.qc.ca/english/publications/mines/investi…

[sinsala1986]

von kanadischen kollegen jduade ausgeliehen aus stockhouse:

"It looks like NML has also put together a new Factsheet, which states that working capital as of September 30th, 2012 is around $69.5 Million. The drop in working capital is likely largely due to the $18 Million investment in the new port, the ambitious 2012 drill program, and spending on the dso overruns aswell as taconite feasibility study. The upcoming Q3 report should provide some insight on where the money was allocated.

.

On an interesting side note the Factsheet, the Presentation, and the recent video (in French) that was posted all have a slightly altered Millennium Iron Range map. A new area was added to the map that wasn't there this summer called "KeMag East". Also note that a little exploration symbol was placed near the Wishart Creek deposit. For those who have an eagle eye, check out the French video again, and look for the MIR map about 20 or so seconds into the clip. Next to the Lac Therese deposit it's noted that a drill hole was placed, for about 102 meters. It also looks like 7,900 meters of drilling was completed at Howells Lake & Howells River north for a total of 54 drill holes. You can only make out from a distance that Wishart Creek, KeMag East, and Lac Keough also received drill holes. One has to wonder if there's a master plan in place given all the exploration NML has done in 2012. Within the next few months we should receive word on an initial NI 43-101 report for Sheps Lake & Perault Lake, Howells River North and Howells Lake, along with drill results from KeMag East, Lac Therese, Lac Keough, and Wishart Creek.

.

Also of note regarding the DSO, NML mentioned in the recent presentation that about 2,400 meters of reverse circulation drilling had occurred on DSO targets, along with trenching and sampling at the new DSO anomalies. We should hopefully get some of these results in the coming months as well. While the cost overruns are a bit disheartening, the ramp up to 6MT should help NML generate approximately 50% more cash flow for NML--a nice consolation.

.

Lastly, regarding the Taconites. Remember that World Steel Dynamics is conducting a study to identify and engage potential Taconite off-take partners who could theoretically help with some of the costs of the project. Also note that NML's investment in the port of sept-iles will help shave about $272 million in direct and indirect costs from the project total according to the KeMag PFS. If NML and others decided to go along with the CN Rail Road, that would further reduce project costs by $1.11 Billion."

Read more at http://www.stockhouse.com/bullboards/messagedetailthread.asp…

[sinsala1986]

dieses jahr wird das ding nicht mehr fertig.

[cervical]

jeden Tag ein Stück tiefer

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.835.141 von cervical am 17.11.12 10:16:08

Ja, leider.

Es fehlen weitere positive news.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.835.847 von ironfahrrad am 17.11.12 17:00:47

ganz locker bleiben, gibt nur 2 news, die mich hier wirklich interessieren.

1. die veröffentlichung der feasibility study zum taconite-projekt bis ende diesen jahres

2. was darauf dann Tata Steel sagen wird, ob die dort ebenfalls miteinsteigen und die finanzierung organisieren

wenn beide sachen positiv verlaufen und NML daraufhin auch noch den equity interest an dem taconite-projekt auf 36% erhöhen würde, dann haben wir eine gute zukunft mit diesem unternehmen.

ich möcht nochmal darauf hinweisen, das die pre-feasibility study zu dem taconite-projekt auf einem verkaufspreis von 90$/t fe kalkuliert wurde und dort die irr bei immer noch 21% lag. allein wegen diesem niedrig kalkuliertem eisenpreis sind 21% verglichen mit irr-werten (angepasst von den eisenpreisen her) von anderen eisenerzfirmen gigantisch. die payback-period liegt dann bei 4-5 jahren bei einer anfangsproduktion von 22mtpy. wenn die mit 22mtpy weiterproduzieren würden, könnten die bei den ressourcen 418 jahre dort produzieren.

andere kalkulieren einen verkaufspreis von 90$/t ein und können gut damit arbeiten, andere produzieren zu dem preis und bekommen probleme. und je höher der preis bei einer weltwirtschaftlichen erholung wieder steigen sollte, desto höher fällt dann die gewinnmarge für Tata Steel und NML aus.

man muss aber auch bedenken, dass vor 2017 wahrscheinlich das taconite projekt noch nicht fertig werden wird (sollte es finanziert werden). das ist noch ein langer weg und deswegen ist diese aktie etwas für das langzeitdepot.

[sinsala1986]

New study paints bleak picture for emerging iron ore producers
http://www.mining.com/new-study-paints-bleak-picture-for-eme…

Iron ore on Wednesday added 10c to remain above $120 a tonne, a level it has held all month.

Today's import price for 62% fines at China's Tianjin port of $122.40 is also a 40% improvement since the commodity sunk to a three-and-a-half year low of $86.70 in September.

In its upcoming iron ore outlook to 2020 London-based metals and minerals research house Roskill Information Services says this type of market volatility is set to continue for the rest of the decade:

"With the disruption of supplies from India, concerns over slowing economic growth in China, and the effects of large stockpiles forcing the price of iron ore through a series of supposed “price floors”, the iron ore industry has faced a turbulent time during 2011 and 2012.

"From 2006 to 2011, the promise of a high return on investment led to a decrease in the concentration of corporate control of seaborne trade in iron ore. During this period, the share of seaborne trade controlled by Rio Tinto, BHP Billiton and Vale (the “Big Three”) fell to 57.3% of the world total.

"This trend is expected to reverse to 2020, as the limited availability of capital will make securing project financing increasingly difficult for emerging producers. Much of the increase in capacity is expected to come from capacity expansions in Australia and Brazil and from projects backed by leading steel producers seeking to secure future supply.

"Downward revisions in the long-term outlook for iron ore demand and prices are likely to lead to the delay, suspension or cancellation of a large number of projects. Nonetheless, Roskill estimates that 425Mtpy of nameplate capacity will be added from the middle of 2012 to the end of 2014 and that capacity additions will continue to exceed 100Mtpy through to 2020.

"These additions are likely to exceed demand growth and mostly represent low to medium-cost operations. Consequently, producers at the higher end of the cost curve – particularly those in China – will gradually find themselves unable to compete in the open market.

"In 2012, a destocking phase among steel producers depressed demand for iron ore and the World Steel Association expects apparent consumption of finished steel products to grow by only 2.1% in 2012, down from 6.2% in 2011. A partial recovery appears likely, as the construction sector in China and increased infrastructure spending will support growth in demand.

"During the period to 2020, however, rising demand from other emerging nations is unlikely to fully offset the slowing pace of growth in the intensity of steel use in China, as this country approaches a peak in per capita steel consumption.

"Roskill expects growth in apparent crude steel use to average 2.9%py from 2012 to 2020. Owing to the on-going shift of steel production to countries with a higher use of iron ore per unit of steel, Roskill forecasts that demand for iron ore, at 3.1%py, will marginally outpace steel demand, despite a relative increase in the use of scrap metal.

"Uncertainty over the Eurozone affects the iron ore industry through its effect on demand, as well as on the reduced availability and higher cost of capital. Revisions of figures on Chinese growth targets and performance are likely to result in further short term peaks and troughs, although much of the adjustment to a more realistic outlook has already taken place – albeit some rebound from excessive and unwarranted pessimism may be expected.

"Other risk factors include growing resource nationalism, particularly in Africa, highly unpredictable energy costs, rising labour costs, and the fate of the Indian mining industry following the mining bans in Goa and Karnataka states.

"Following the slump in prices from June to September 2012, Roskill expects prices to remain above US$120/t cfr for 63.5% Fe content Indian fines until the end of 2014, while a restocking phase may push prices towards US$135/t during 2013, although large fluctuations are not unlikely.

"As new capacity comes on-stream, the industry’s price floor will gradually drop and Roskill expects that the US$100/t price level will be repeatedly tested and eventually broken towards 2015. In its baseline scenario, and adjusting for inflation, Roskill expects that prices may trend towards US$85 to US$95/t during 2016 to 2020.

[ironfahrrad]

http://www.rohstoff-investingnews.de/eisenerz/eisenerz-fress…

[ironfahrrad]

President & CEO Dean Journeaux interviews on BNN
11/21/2012

http://watch.bnn.ca/#clip810830

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.851.691 von ironfahrrad am 22.11.12 13:12:41

ab Min 5.30 wird es interessant.

"expected to be in production after the time middle of the next year"

Im Update vom 23.10.2012 steht auch:
Start of commissioning of the equipment in Q3, 2013,

Also wird nach heutigem Stand der Dinge die volle Produktion in Q 3 2013 beginnen.
Hoffen wir es mal.

[Hans60]

Webseite OnVista ADVFN



New Millennium Iron Corp ( TSX : NML )

[ironfahrrad]

mail an nml vom 21.11.2012

Hello!
I am a german shareholder from nml and I have studied the latest pictures.
Do you stopped the work since Oktober 15 th?
It seems that their is clearly no progress since that time.
The latest pictures from November 4 th shows me the same situation.
Besides the snow.

Can you tell me something about it.
What happened?

Best Regards

Antwort vom 23.11.2012

Dear Mr. ...,

Thanks for your letter enquiring the construction status. At the beginning of the winter, around the late October and early November, there were some challenges because of the frozen rain leading to unsafe conditions to erect the trusses. While this hampered the progress of dome construction, the work continued other areas involving earth moving and soil compaction. We will continue with the construction activities throughout the winter in order to advance the completion of the project.

We appreciate your interests in NML,

Regards,

[cervical]

Antwort auf Beitrag Nr.: 43.858.567 von ironfahrrad am 24.11.12 09:37:50

danke für die Info

[ironfahrrad]

Geklaut aus Stockhouse:



A presentation was held by Rajesh Sharma of Tata Steel Minerals Canada in Sept-Îles today. A large number of local business people and First Nations groups were in attendance, as well as representatives from New Millennium and Labrador Iron Mines. The purpose of this PR session was to reiterate Tata’s long term goals for the Labrador Trough and to reassure the business community in the wake of a negative shift in momentum in iron-ore related investment in the area.

Clearly, this has not been a good quarter for the Trough. Cliffs’ spectacular postponement of the Bloom Lake Phase II project was preceded by the announcement of a significant quarterly loss by Labrador Iron Mines. In the past year, Arcelor Mittal has scaled back its expansion projects, most notably in Port Cartier, but is nonetheless completing rail infrastructure projects and expanding the Mt. Wright operations. Budgets for smaller operational projects have also been slashed. Even IOC is slowing down its Genesis project, which would supposedly have doubled its production. They are also implementing a large-scale cost-cutting strategy.

In this context, the business community was anticipating the Tata Steel presentation with cautious pessimism. M. Sharma was unfazed by the doom and gloom climate, and delivered a positive and credible speech, underlining Tata Steel’s long term growth strategy. Already a mining and steel-making giant in India, Tata Steel is seeking to secure a stable source of iron ore to supply its European steel mills. Captive iron ore and coal mines in Canada, England and Africa could shield Tata from market fluctuations.

M. Sharma acknowledged the falling iron ore prices, and the current difficulties of its competitors. Nevertheless, they believe that the demand for steel will continue to rise in the years to come, and seem satisfied with current iron ore prices, implying that production would be profitable, even given the current market conditions.

In referring to LIM, M. Sharma used the words “our very own Labrador Iron Mines”. This, of course, referred to LIM as being small a local producer. But I couldn’t help to wonder if it meant something more. LIM seems like a logical acquisition for Tata Steel and/or New Millennium. With trains already running down the tracks, and trained employees hard at work near Schefferville, Tata could jump start its production, and start shipping the stockpiles it already has using some of LIM’s existing infrastructure and resources. Whether Tata choose to acquire LIM, partner with LIM, or wait till LIM starves to pick up the pieces, LIM’s assets would be a bargain for Tata given the current LIM share price.

A few weeks ago, NML and Tata Steel had given a similar presentation to the ICM Côte-Nord. I thought that Tata’s English-only Powerpoint and shoddy verbal translation was outrageous give the French-speaking crowd. Today’s presentation was much more interesting, with up-to-date data and a credible response to worries about the market conditions. Moreover, M. Sharma spoke in English but professional simultaneous translation services were used and two screens were used to display the Powerpoint in French and English. This sign of respect was no doubt appreciated by the local community. Tata Steel also announced an important financial contribution to L’Élyme des Sables, a local palliative care center. This announcement was greeted by a warm applause.

In sum, this was a refreshing and uplifting presentation, which reminded the crowd that the iron ore market in the Trough is cyclical, but certainly viable in the long run. There was once a small company called CLM who built an iron ore mine in the midst of a recession. They controlled construction costs and delays, and ended up selling the company to Cliffs for a huge profit. Perhaps it’s Tata’s turn. But this time, they will be keeping the mine for themselves.

NOTICE : All of the above is stated in my humble opinion, and is subject to errors, omissions and misinterpretations. I hold a small LIM position at the moment.
Older reply post Newer t
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.872.524 von ironfahrrad am 28.11.12 20:12:20

sehr schön,

profitabel bei den aktuellen marktverhältnisse sollten sie allemal sein,
umso wichtiger ist es aber immer wieder das den leuten zu sagen, die es nicht wissen und eher abstand von eisenwerten nehmen,

aber die spekulation um eine mögliche übernahme von LIM halte ich für sehr abwegig. einfach aufgrund der geringen ressourcen, NML kommt vll auf 20-25Mrd. t Fe wenn die wirklich alle liegenschaften durchgebohrt bekommen, da sind die paar mio.-chhen von LIM redundant.

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.872.647 von sinsala1986 am 28.11.12 20:44:07

Übernahme von LIM nur in Bezug auf Infrastruktur und Manpower, so hatte ich
Vermutung verstanden.

Aber letztendlich glaube ich auch nicht daran.

[ironfahrrad]

Neue Präsentation

http://www.nmliron.com/data/attribute/upload/20121127%20Queb…

[ironfahrrad]

Neue Fotos

[sir_krisowaritschko]

das teil werden die nie im leben warm bekommen. die leute die da arbeiten dürfen tun mir jetzt schon leid
naja soll ja auch keine sauna werden

[ironfahrrad]

Antwort auf Beitrag Nr.: 43.899.192 von sir_krisowaritschko am 06.12.12 17:49:22

Wird ja auch nur ein Windschutz

[ironfahrrad]

Iron ore price highest since July as China cranks out 16% more steel and stockpiles hit 2-year low

http://www.mining.com/iron-ore-price-highest-since-july-as-c…

[cervical]

Chart NML


endlich Plus mit Volumen

[sinsala1986]

Antwort auf Beitrag Nr.: 43.930.194 von cervical am 14.12.12 20:52:21

die kanadische iron ore peer group mit heutigen kursdaten:

[ironfahrrad]

http://www.tatasteelcanada.com/en/
Latest news

December 14, 2012: Today an important milestone in the construction of the plant was achieved. All 38 trusses of the dome were erected successfully overcoming many difficulties including weather. The momentum continues with the effort now directed towards the dome end walls and foundations for main process plant.

[ironfahrrad]

http://www.tatasteelcanada.com/en/images/home6.jpg

http://www.tatasteelcanada.com/en/images/home8.jpg

[ironfahrrad]

Na, dann kann es jetzt ja wieder aufwärts gehen.

[cervical]

Expert Analysis

The Gold Report Interview with Matt Gibson (12/17/12) "New Millennium Iron Ore Corp.'s DSO Project is under construction. In 2012, it produced around 300,000 tons of sellable product, and will probably do about 2–2.5 Mt in 2013. . .[the company's offtake partnership with Tata Steel] gets New Millennium to the point of generating cash flow; making that transaction positive for any junior. Whether it is a fair deal or not, getting DSO up and running was really just an entry point for Tata Steel into the Labrador Trough. The strategic value of that will really be reflected when New Millennium starts developing and getting the larger taconite projects into production. That will require further investment decisions by Tata.

The cash-flow implications for New Millennium from getting the larger taconite projects up and running could be a real game changer. . .taconite is a colloquial term used to describe banded iron formations. The investment decision required for the larger taconite project will be predicated on the definitive feasibility study that should be published in the next few months. We expect the investment decision in mid-2013. Lately in the Labrador Trough, a lot of players have been painted with the same brush as Cliffs and Labrador Iron Mines, and similar discounts have been applied across the board. But I think New Millennium is operating differently from other startups. . .it is due to a solid management team. This team understands how the business operates and the pitfalls of not owning your own infrastructure." More >
http://www.theaureport.com/pub/co/3714#quote

[ironfahrrad]

Aus stockhouse

http://www.mining.com/web/cibcs-matt-gibson-sees-upside-in-i…" target="_blank" rel="nofollow ugc noopener">http://www.mining.com/web/cibcs-matt-gibson-sees-upside-in-i…


TGR: The fourth company you cover is New Millennium Iron Ore. It is developing the Direct Ship Ore (DSO) project in Northern Québec. Tata Steel Ltd. (TTST:LSE; TATLY:OTC) has already agreed to take 100% of the ore produced, correct?

MG: Yes. The DSO Project is under construction. In 2012, it produced around 300,000 tons of sellable product, and will probably do about 2–2.5 Mt in 2013.

TGR: The total resource at DSO is 125 Mt. How does that compare to other companies of similar size in this space?

MG: The DSO resource base is similar to Labrador Iron Mines Holdings Ltd.'s (LIM:TSX) resource located nearby. Labrador Iron is more of a seasonal operator and delivers its product through Iron Ore Company of Canada.

New Millennium will operate year round in an enclosed structure and sell its product initially through port facilities owned by a local aluminum plant in Sept-Îles and later through the multiuser port that the Port of Sept-Îles is now building. That facility should be completed at the end of 2013 or early 2014.

TGR: Do you consider it an advantage that 100% of the offtake at DSO has been secured by Tata Steel?

MG: I suppose one could see that as a potential risk. But at the end of the day, Tata is the lead operator of the DSO project and New Millennium has a free carry into production. Unless Tata's view of the Corus steel manufacturing facility in the U.K. changes, this offtake should be fairly secure and on typical commercial terms priced on international benchmarks.

TGR: Do you think New Millennium is secure enough in exchange for that 100% offtake agreement?

MG: The offtake agreement gets New Millennium to the point of generating cash flow; making that transaction positive for any junior.

Whether it is a fair deal or not, getting DSO up and running was really just an entry point for Tata Steel into the Labrador Trough. The strategic value of that will really be reflected when New Millennium starts developing and getting the larger taconite projects into production. That will require further investment decisions by Tata. The cash-flow implications for New Millennium from getting the larger, taconite projects up and running could be a real game changer.

TGR: What is taconite?

MG: Taconite is a colloquial term used to describe banded iron formations.

The investment decision required for the larger taconite project will be predicated on the definitive feasibility study that should be published in the next few months. We expect the investment decision in mid-2013.

TGR: How big an issue is transportation for New Millennium at both DSO and the taconite projects? Does it need a rail agreement to induce Tata to sign on to those taconite projects?

MG: The taconite project requires a slurry pipeline from the processing facility in the north down to a pelletizing facility in Sept-Îles.

There's potential for New Millennium to sign an agreement with a consortium of the Canadian National Railway and the Caisse de Dépôt that is contemplating building a new rail line to where this project is going to be located. Canadian National Rail will head up construction and the Caisse de Dépôt will provide financial backing.

It signed a rail agreement for DSO with Québec North Shore and Labrador Railway in January 2012.

TGR: What is your target price on New Millennium?

MG: It is $4.30, almost triple where it is right now, based on a discounted cash flow model.

[ironfahrrad]

Newsletter

http://www.nmliron.com/data/attribute/upload/Newsletter%20Is…

[ironfahrrad]

http://de.advfn.com/p.php?pid=staticchart&s=T^NML&p=0&t=23&v…

Schöner Anstieg mit nettem Volumen.



Vielleicht liegt es daran:

The feasibility study of the Taconite
Project (“TP”) by NML and Tata Steel is approaching completion.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.946.076 von ironfahrrad am 19.12.12 20:49:13

ja das volumen stimmt, da wird eventuell was gutes erwartet,
aber der eisenerzpreis hat ja auch weiter schön nach oben gedreht,
perfekt für jemanden, der bald eisenerz verkaufen will und gerade die produktion anfängt (wie nml )
aber da die schienen ja noch nicht liegen, wird alles bei NML erstmal auf halde produziert.



ich hoffe, die machbarkeitsstudie kommt auch noch dieses jahr,
erwarten tu ich sie aber im januar eher

[sinsala1986]

Antwort auf Beitrag Nr.: 43.946.104 von sinsala1986 am 19.12.12 20:56:11

iron ore peer group



------------------------------------------------------------------------------------------------

[cervical]

New Millennium Iron Corp. Announces the Completion of Drilling for the Year 2012 and Additional Drilling Results for Howells River North and Howells Lake Properties

CALGARY, ALBERTA--(Marketwire - Dec. 20, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today the completion of drilling for the year 2012. Drilling was carried out at several of its properties in the Millennium Iron Range ("MIR") (see Table 1 for details). The program started on March 2 and was completed on October 22, 2012. During this period 153 holes were drilled for a total of 17,312.6 m. The areas drilled in 2012 are shown in Figure 1. Additional drill results of the Howells Lake area (see Table 2), comprising the 100% NML owned Howells Lake property and the 80% (1) owned Howells River North, now confirm that this area is a stratigraphic continuation of the LabMag deposit and connects to the KéMag deposit in Québec. The combined area of Howells River North and Howells Lake is 24.5 km² with varying thicknesses due to a low angle thrust fault in the east side.......

http://tmx.quotemedia.com/article.php?newsid=56784222&qm_sym…

[cervical]

Zitat von Hans60: Webseite [img]http://www.abload.de/img/bild2556wqfs.png[/img] OnVista [img]http://www.abload.de/img/bild2556wqfs.png[/img] ADVFN [img]http://t2.gstatic.com/images?q=tbn:ANd9GcTX9VyBTBdsLrJL9s6uU68cSfva2d-cPAjVm0gAwANKuSmQW3WflQNeAtw" class="loadOnSight resize" longdesc="220" />



20.12.2012
New Millennium Eisen Corp meldet den Abschluss der Bohrungen für das Jahr 2012 und zusätzliche Bohrergebnisse für Howells River North und Howells See Liegenschaften

New Millennium Eisen Corp gab heute den Abschluss der Bohrungen für das Jahr 2012 bekannt. Die Bohrungen wurden an mehreren seiner Liegenschaften durchgeführt. Das Programm begann am 2. März und wurde am 22. Oktober 2012 abgeschlossen. Während dieser Zeit wurden insgesamt 153 Löcher von 17,312.6 m gebohrt.
Die Eisenerz-Konzentrate liegen teilweise bei über 70 % mit einer sehr geringen Verunreinigung und eignen sich besonders für die Herstellung von Eisenerzpellets.

Den vollständigen Bericht mit den dazugehörigen Tabellen finden Sie zu Ihrer Information in englischer Ausführung unter :
Vollständiger Bericht >>

New Millennium Iron Corp ( TSX : NML )

http://www.wallstreet-online.de/diskussion/1174838-3131-3140…

[ironfahrrad]

Nachrichtenarme Zeit:

Tata Steel Canada
Job Vacancies
The Company is currently hiring for various positions. Below are some of the current openings.



Administration
Camp & Administration Coordinator Schefferville, Quebec, Canada

Engineering
Civil Engineer Schefferville, Quebec, Canada
Mining Engineer Schefferville, Quebec, Canada

Finance or Accounting
General Accounting Manager Montreal, Canada
Senior Manager, Finance and Accounting Montreal, Canada

Health, Safety or Security
Safety Manager Schefferville, Quebec, Canada

Supervisor and Superintendent
Mobile Equipment Maintenance Superintendent Schefferville, Quebec, Canada

[cervical]

NML ist jetzt auch dabei

[sinsala1986]

New Millennium Iron Corp. Announces Status Update for the Taconite Feasibility Study
http://tmx.quotemedia.com/article.php?newsid=56942991&qm_sym…

CALGARY, ALBERTA--(Marketwire - Dec. 31, 2012) -

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today the progress of the Taconite Project Feasibility Study ("FS") it is carrying out jointly with Tata Steel. An interim report has been submitted by the Study Manager ("SM"). Certain sections remain to be completed. The SM wishes a further period to complete its internal corporate review process, which includes technical aspects and finalization of the capital cost estimates. NML and Tata Steel have agreed to the SM's request.

Dean Journeaux, President and CEO of NML, said, "The Feasibility Study has progressed steadily and is now at the point where we can see its completion. The Study has been comprehensive and the SM has been thorough in recognizing the project's great scale and incorporating that into their interim report. We look forward to receiving the SM's final draft report at which time Tata Steel and NML can plan for the release of the Feasibility Study."

NML will make a further announcement once the final report is received.

[ironfahrrad]

http://www.mining.com/iron-ore-decembers-breakout-sets-up-st…

Iron ore prices raced to a 8-month high on the last trading day of 2012 after data showed that stockpiles of the commodity at China's ports continued to fall.

Benchmark import price of 62% iron ore fines at China's Tianjin port added almost 5% to $144.90 on Monday, the highest since end-April, and up 65% from September lows.

According to SteelIndex, December was the strongest month since April 2009, when the market data firm first began tracking daily spot prices.

After hitting a peak above 100 million tonnes in February, blast furnaces have been scooping up stockpiled ore at an escalating rate with data from China's National Bureau of Statistics out on Monday showing inventories of 71 million tonnes, a more than two-year low.

Today's picture is very different from the one just a few months ago when analysts including the respected Bureau of Resources and Energy Economics, the Australian government's official forecaster, were predicting a dire performance for 2012 (average $123/tonne) and this year ($101/tonne).

Not that long ago even a number of producers including the globe's top two iron miners – Vale and Rio Tinto – were expecting prices in the low triple digits.

The end of year rally appears to have caught a few industry observers by surprise and many remain sceptical that it would last.

[cervical]

Erneut reißt eine Übernahme die Kurse der Eisenerz-Konzerne nach oben - diesmal in Kanada und USA. Weitere Aufkäufe und Fusionen dürften folgen.

http://www.rohstoff-investingnews.de/eisenerz/der-kampf-eise…

[sinsala1986]

Antwort auf Beitrag Nr.: 43.988.933 von cervical am 07.01.13 10:42:32

da beteiligen die sich zu 15% an accelormittal und die autorin spricht von einer übernahme???

Und new millennium capital gibt es nicht!

Und das sie arrowstar resources nennt, war auch wieder klar.

[cervical]

Antwort auf Beitrag Nr.: 43.989.124 von sinsala1986 am 07.01.13 11:30:44

Schreibfehler ihrer seits denke ich mal

[LonelyLooser]

Antwort auf Beitrag Nr.: 43.989.304 von cervical am 07.01.13 12:17:13

coole Umsätze gibt es heute

[sinsala1986]

Antwort auf Beitrag Nr.: 43.991.567 von LonelyLooser am 07.01.13 20:09:53

jepp,

hier die kanadische iron ore peer group von heute:

[sinsala1986]

Antwort auf Beitrag Nr.: 43.991.673 von sinsala1986 am 07.01.13 20:26:59

Iron Ore Imports Seen by Morgan Stanley Boosting Shipping
http://www.bloomberg.com/news/2013-01-07/iron-ore-imports-se…

"Rising steel prices and falling stockpiles of iron ore in China may spur imports of the commodity, boosting demand for shipping, Morgan Stanley said.

Mills in China, the largest steelmaker, are buying iron ore amid higher steel prices and improving industrial activity, Fotis Giannakoulis, a New York-based analyst at the investment bank, said in an e-mailed report today. At the same time, ore inventories at the country’s ports are the lowest in 2 1/2 years, he said.

“The sharp rise of iron-ore prices driven by aggressive buying from mills amid higher steel prices is building up the case that demand may be improving on the back of China’s new urbanization initiatives,” Giannakoulis said in the report. “A new wave of purchasing looks possible.”

Ore with 62 percent content at the Chinese port of Tianjin, a global benchmark, traded at $153.90 a dry metric ton, up 33 percent since the start of December to the highest in almost 15 months, according to The Steel Index Ltd. Port inventories plunged 24 percent since the end of August to 72.97 million tons, within 3.4 percent of a more than two-year low, according to researcher Beijing Antaike Information Development Co. "

[sinsala1986]

Antwort auf Beitrag Nr.: 43.991.673 von sinsala1986 am 07.01.13 20:26:59

ein interessantes interview:
(weiter unten im fett-markierten wird auch über NML gesprochen)
http://www.mining.com/web/cibcs-matt-gibson-sees-upside-in-i…

Investors who want to play in the iron and copper space should look to small-cap producers for attractive valuations and lower risk, says Matt Gibson, institutional research analyst with CIBC World Markets. In this Gold Report interview, he says he believes iron has found its floor in 2012 and names iron ore and copper companies with upside potential.

The Gold Report: Matt, you cover four companies in the iron space with market caps that range from Cliffs Natural Resources Inc. (CLF:NYSE) at $4.2 billion and Labrador Iron Mines Holdings Ltd. (LIM:TSX) to Alderon Iron Ore Corp. (ADV:TSX; AXX:NYSE.MKT) and New Millennium Iron Corp. (NML:TSX) with market caps around $200 million. In Q1/12, all of them were worth double what they are trading at today. Why should investors be interested in these companies?

Matt Gibson: We have started to see positive trends in the iron ore space. Chinese port inventories have started to tick down, while capacity utilization globally and in the U.S. has started to tick up for steel companies. Iron ore prices have rebounded from lows of $86/metric ton (Mt) to the $118–120 Mt level.

TGR: Are larger companies like Cliffs being punished for their acquisitions or is the across-the-board share price decline all about low steel prices and global economic fears?

MG: I think most of it has to do with iron ore prices and sentiment regarding Chinese growth.

"We have started to see positive trends in the iron ore space."

For Cliffs, the slow ramp-up at its Bloom Lake mine, which has led to elevated cash costs at the facility and lower margins, has not helped. Delays to the planned expansion and the downward revision of the mine plan to an ultimate capacity of 14 Mt have not helped either. Finally, higher operating costs put pressure on the company's balance sheet.

TGR: A recent CIBC World Markets' research report stated, "Despite elevated inventories of steel and iron ore, Chinese steel mills continue to maintain daily crude steel output near record levels." As you mentioned, that seems to be changing. But is it changing quickly enough?

MG: I think China's infrastructure announcement earlier in the fall helped draw down some of the inventories. Certainly, the overcapacity issue in China has a lot to do with the fragmented nature of the industry there, and that will take some time to play out. However, the Chinese government has been putting efforts into consolidating production into larger, more efficient operations.

TGR: The Chinese bought in at much higher prices on several juniors in the iron space. Do you think the Chinese regret that decision or was this always about the long term?

MG: China's real interest is not so much from an investment point of view as it was about longer-term offtake, securing supply of iron ore and being able to diversify away from reliance on the big three producers.

TGR: In September, you dropped your 2012 near-term iron ore price forecast from $143/Mt cost, insurance and freight (CIF) to $128/Mt CIF. That also caused you to lower your target prices for the four iron companies you cover. Have we reached a bottom to the price drop?

MG: Near term, I believe prices found a floor in the $110–120/Mt level. That's pretty much where most estimate the average cost of production to be in China.

That being said, the upside or potential price increases will be limited by growth in China and economic growth in Western Europe.

TGR: Would you say your view of global economic growth is reasonably bullish?

MG: There are some positive indications and I am optimistic that 2013 will be a better year than 2012, and that will be good for the iron ore sector.

TGR: Let's move to your coverage, starting with Alderon Iron. Your 12-to-18 month target price on that company is $5.20, more than double its current share price. What about Alderon and its Kami Iron Project engenders that kind of confidence?

MG: Alderon's management team has experience developing and building these types of assets. Several people on the management team have a background with Consolidated Thompson or with the Iron Ore Company of Canada, which have operated in the Labrador Trough for a long time.

Copper remains one of the tightest markets from the fundamental supply-and-demand perspective."

Alderon also has a strong partnership with the largest Chinese steel producer. This is a producer that has only a small fraction of its iron ore supply captive right now.

Finally, there are potential catalysts on the horizon, including the release of definitive feasibility studies, rail agreements and permitting.

TGR: Cliffs Natural Resources went on a spending spree a few years ago, buying Consolidated Thompson, KWG Resources, Freewest Resources and Spider Resources, among others. Earlier, you attributed some of that drop to issues at Bloom Lake. But do you think Cliffs took on too much in those acquisitions?

MG: I think Cliffs got caught in a difficult position when it bought development assets just when prices turned. In retrospect, it looks as if the company may have stretched or overextended itself, but if prices stay stable things will look different a year from now.

TGR: You have a Sector Perform rating on Cliffs and a $55 target price, not quite double its current price. What will it take to get Cliffs from here to there?

MG: Cliffs needs to get up to full production at Bloom Lake. It has been ramping up and doing a lot of predevelopment stripping for a number of different mining phases. In U.S. accounting practices, all of those expenses have to be expensed on the income statement and impact cash costs. In other jurisdictions, those cash costs would be capitalized and amortized over a period.

Now that the stripping is done, Cliffs has multiple phases up and running. When Bloom Lake hits the 7 Mt annualized capacity mark, it should be able to drive its costs down on a per tonne basis.

TGR: Next, let's talk about Labrador Iron Ore Royalty. It started out as an income trust—a form of company that does not exist in the U.S.—and is now a dividend-paying corporation. Why did the company make that change and how will it affect investors?

MG: As an income trust, Labrador Iron Ore Royalty was basically a flow-through vehicle for the royalty income and dividend stream coming out of the Iron Ore Company of Canada. It was organized that way for tax efficiency purposes. The Canadian government changed its stance on how those types of vehicles are taxed and most of the income trusts converted back into dividend-paying corporations.

"In the near term, small-cap producers offer some attractive valuations and a lower risk way to play copper compared to development companies."

I really do not think anything has changed in how Labrador Iron Ore Royalty will operate. The company also is expanding annual capacity from 17 Mt to 23.3 Mt on an asset at Iron Ore Company of Canada that is run by Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK). Increased sales volume from that should contribute to higher royalty income and likely a large special dividend from Iron Ore Company of Canada in the latter half of 2013.

TGR: Should shareholders be pleased with this change in structure?

MG: The real impact for an individual investor is the change from getting part of the distributions in the form of interest payment, to getting it all as a dividend. For individual investors in Canada, it is more advantageous to receive everything as a dividend; I'm not sure about the tax implications for U.S. investors.

This actually represents one of the lower-risk plays in iron ore if you want exposure to iron ore while getting paid to hold the stock. Over the last 12 months, Labrador Iron Ore Royalty has distributed $1.50/share to shareholders, which represents about a 5% yield on the current stock price. The distribution could increase to $2.30/share in 2013.

TGR: Is your target price on Labrador Iron Ore still $40?

MG: Yes, it is.

TGR: The fourth company you cover is New Millennium Iron Ore. It is developing the Direct Ship Ore (DSO) project in Northern Québec. Tata Steel Ltd. (TTST:LSE; TATLY:OTC) has already agreed to take 100% of the ore produced, correct?

MG: Yes. The DSO Project is under construction. In 2012, it produced around 300,000 tons of sellable product, and will probably do about 2–2.5 Mt in 2013.

TGR: The total resource at DSO is 125 Mt. How does that compare to other companies of similar size in this space?

MG: The DSO resource base is similar to Labrador Iron Mines Holdings Ltd.'s (LIM:TSX) resource located nearby. Labrador Iron is more of a seasonal operator and delivers its product through Iron Ore Company of Canada.

New Millennium will operate year round in an enclosed structure and sell its product initially through port facilities owned by a local aluminum plant in Sept-Îles and later through the multiuser port that the Port of Sept-Îles is now building. That facility should be completed at the end of 2013 or early 2014.

TGR: Do you consider it an advantage that 100% of the offtake at DSO has been secured by Tata Steel?

MG: I suppose one could see that as a potential risk. But at the end of the day, Tata is the lead operator of the DSO project and New Millennium has a free carry into production. Unless Tata's view of the Corus steel manufacturing facility in the U.K. changes, this offtake should be fairly secure and on typical commercial terms priced on international benchmarks.

TGR: Do you think New Millennium is secure enough in exchange for that 100% offtake agreement?

MG: The offtake agreement gets New Millennium to the point of generating cash flow; making that transaction positive for any junior.

Whether it is a fair deal or not, getting DSO up and running was really just an entry point for Tata Steel into the Labrador Trough. The strategic value of that will really be reflected when New Millennium starts developing and getting the larger taconite projects into production. That will require further investment decisions by Tata. The cash-flow implications for New Millennium from getting the larger, taconite projects up and running could be a real game changer.

TGR: What is taconite?

MG: Taconite is a colloquial term used to describe banded iron formations.

The investment decision required for the larger taconite project will be predicated on the definitive feasibility study that should be published in the next few months. We expect the investment decision in mid-2013.

TGR: How big an issue is transportation for New Millennium at both DSO and the taconite projects? Does it need a rail agreement to induce Tata to sign on to those taconite projects?

MG: The taconite project requires a slurry pipeline from the processing facility in the north down to a pelletizing facility in Sept-Îles.

There's potential for New Millennium to sign an agreement with a consortium of the Canadian National Railway and the Caisse de Dépôt that is contemplating building a new rail line to where this project is going to be located. Canadian National Rail will head up construction and the Caisse de Dépôt will provide financial backing.

It signed a rail agreement for DSO with Québec North Shore and Labrador Railway in January 2012.

TGR: What is your target price on New Millennium?

MG: It is $4.30, almost triple where it is right now, based on a discounted cash flow model.

Lately in the Labrador Trough, a lot of players have been painted with the same brush as Cliffs and Labrador Iron Mines, and similar discounts have been applied across the board. But I think New Millennium is operating differently from other startups.

TGR: Is that due to its management team?

MG: Yes, it is due to a solid management team. This team understands how the business operates and the pitfalls of not owning your own infrastructure.

TGR: I would like to move on to copper. Copper traded down in October but looked to be rebounding at the end of November. What is your near-term outlook for copper?

MG: We see some marginal upside to copper prices in 2013, although not materially higher than today's $3.60/pound (lb). We are forecasting $3.75/lb for 2013; overall, some strength, but limited downside from current price levels.

TGR: What is your central thesis for the primary copper plays you cover?

MG: Copper remains one of the tightest markets from the fundamental supply-and-demand perspective.

Right now, the junior producers are heavily discounted compared to the more senior players. A lot of the juniors have no value reflected in the market for some of their growth projects.

I think development or preproduction plays offer the opportunity to gain a lot of torque to the copper prices albeit with higher risk. They also offer investors the opportunity to participate in derisking projects, growing resources and the potential to rerate when a play moves from development into production.

TGR: Which companies do you cover in the copper space?

MG: Starting at the top of the alphabet, Augusta Resource Corp. (AZC:TSX; AZC:NYSE.MKT; A5R:FSE) is really a permitting story at this point. We expect it to obtain its record of decision early in 2013. This is a very robust project from a capital intensive point of view.

In terms of upcoming catalysts, Rio Alto Mining Ltd. (RIO:TSX.V; RIO:BVL) should come out with some 2013 guidance in January, along with a new reserve calculation and mine plan. We expect its life-of-mine rates to increase substantially on the back of recent grade reconciliations from production and a previous resource model, as well as exploration results from work done this year.

Rio Alto is also starting a regional exploration program on its land package; we expect those results to boost the stock.

TGR: How did Rio Alto perform against guidance in 2012?

MG: The company revised guidance upward twice in 2012. The original estimate of 100,000 ounces (100 Koz) was revised at midyear to 160 Koz and again to 200 Koz toward the end of the year. We believe Rio Alto will reach 200 Koz, mostly due to positive grade reconciliations.

TGR: Rio Alto's La Arena is a massive open-pit mine in Peru. What is its expected mine life?

MG: Right now the oxide has an expected mine life of about six to seven years for the material close to surface. The sulfide deposit will have a much longer life.

Those mine lives are based on what the company has drilled off to NI 43-101 standards to date. It has a large land package, so I would expect the mine life to be extended on the gold side through exploration.

TGR: What are your targets on Augusta and Rio Alto?

MG: My target on Augusta is $5/share and Rio Alto is $8/share.

TGR: Finally, what is up with Western Copper and Gold Corp. (WRN:TSX; WRN:NYSE.MKT) and its massive Proven and Probable reserve?

MG: That project has the potential to move the needle for a major copper producer. We expect the results of a definitive feasibility study in the near term to provide some clarity around power options for the project. The investment community and potential joint venture partners have both focused on that issue. Clarifying the power issue should pave the way for the company to find a joint venture agreement with a major copper producer or lead to an outright sale of the company.

TGR: But the big copper producers do not like to share. Which company could swallow something this large?

MG: It would have to be a company the size of a Teck Resources Ltd. (TCK:NYSE; TCK.A:TSX), Rio Tinto, BHP Billiton Ltd. (BHP:NYSE; BHPLF:OTCPK) or Antofagasta Plc (ANTO:LSE).

TGR: Do you have any parting thoughts on the infrastructure material space for our readers?

MG: In the near term, small-cap producers offer some attractive valuations and a lower risk way to play copper compared to development companies.

I would look for companies with strong balance sheets, capable management teams and good projected growth over the next five to seven years for near-term returns.

TGR: And would you include the iron companies in that?

MG: Yes, absolutely. The criteria are very similar.

TGR: Matt, thanks for your time and your insights.

[sinsala1986]

Antwort auf Beitrag Nr.: 43.991.758 von sinsala1986 am 07.01.13 20:42:57

schöner schlussspurt in kanada:

[cervical]

Antwort auf Beitrag Nr.: 43.992.181 von sinsala1986 am 07.01.13 22:17:07

hier gibt es wohl auch noch ein Gap zu schließen

Zitat Kongo-Otto
ja, bei NML gibt es auch ein Gap. Unter 1.30CAD.

[sinsala1986]

Volatile ore prices should propel Chinese investment in Canada in 2013: analyst
http://tmx.quotemedia.com/article.php?newsid=57127488&qm_sym…

MONTREAL - Iron ore price volatility in 2013 should prompt Chinese firms to continue investing in Canadian development projects, an industry analyst said Wednesday.

Jackie Przybylowski of Desjardins Capital Markets says investments will continue on "an opportunistic basis" in the coming year, after a very active 2012 when the Chinese bought in projects around the world, including five in Canada.

The latest was China Steel Corp. in partnership with South Korean steelmaker Posco, acquiring a 15 per cent stake in Montreal-based ArcelorMittal Mines Canada for $1.1 billion in cash.

Investors are seeking projects with potential for significant longer-term production volumes and will generally invest in projects at an early stage, Przybylowski wrote in a report.

Champion Iron Mines (TSX:CHM) is viewed as the most likely to sign a joint venture partnership or supply agreement since it faces a large gap between anticipated 2013 spending an available funds, Przybylowski said.

Others companies developing projects in Canada, such as Alderon Iron Ore (TSX:ADV) and New Millennium (TSX:NML), have deals in place that are expected to provide some or all of the required capital spending this year, deferring their need to raise funds.

Przybylowski said Chinese steel firms will continue secure long-term ore supply and manage input costs in the face of continued volatility of iron ore prices this year.

She expects the benchmark iron ore price will drop to US$120 per tonne for 63.5 per cent iron grade, down from US$136 in 2012. The current spot price has surged 60 per cent from the September low to US$154 per tonne. The price has partly increased due to seasonal restocking ahead of the Chinese new year and to protect against price increases from monsoons in Australia.

Although the growth in Chinese iron ore consumption should slow to four per cent in 2013, down from 5.4 per cent in 2012 and 6.8 per cent in 2011, the analyst said the country is expected to use more than half the world's iron ore over the next two years.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.002.382 von sinsala1986 am 09.01.13 22:00:09

eine anfrage bei NML eines kanadischen users:

A reply from IR on FS status and due date.

Hello,

New Millennium was aiming for the completion of the study in Q1-13 and the company is not far off that schedule. However, no mining company can ever provide a definite date for completion of a feasibility study as they are conducted by outside experts. Companies cannot entirely control the progress of outside companies. Moreover, feasibility studies are inherently complicated - after all the point of a study is to accurately determine what a production scenario would entail. My experience is that they always take longer than anticipated. NML's study is one of the most involved feasibility studies ever undertaken because the Taconite project would be the biggest mining project in Canadian history. That is also why the study is costing $50 million. The report is almost completed. Once it is completed it must be analysed and summarized - then it can be released sometime in the first half of this year.


New Millennium’s progress with their feasibility study is much better than average. Delays of all kinds and cost overruns are typical of mining projects – sometimes attributable to company specific shortcomings, but often due to forces beyond their control such as increasing energy and material costs particularly because mining projects take years to bring into production in this regulatory environment. And if it takes years to bring a project to production it is almost assured that costs will be higher than originally planned.


Regards,

Andreas Curkovic

Investor Relations

416-577-9927

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[sir_krisowaritschko]

Once it is completed it must be analysed and summarized - then it can be released sometime in the first half of this year.

aber warum denn erst analysed und dann summerized?

nach erhalt direkt mal veröffentlichen! nüscht hier mit vorenthalten, bitte!

[KaOzz]

Nette Überraschung

New Millennium Announces Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwire - Jan. 21, 2013) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that is has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX").

The TSX accepted the Corporation's notice to conduct the NCIB to purchase outstanding common shares on the open market, in accordance with the rules of the TSX. As approved by the TSX, the Corporation is authorized to purchase up to 5,000,000 common shares, representing approximately 2.8% of the currently issued and outstanding common shares of the Corporation. As of today's date, there are 179,471,646 common shares outstanding. On any trading day, NML will not purchase more than 46,091 common shares, other than through block purchase exceptions.

The Corporation is authorized to make purchases during the period from January 23, 2013 to January 22, 2014, or until such earlier time as the NCIB is completed or terminated at the option of the Corporation. Any common shares the Corporation purchases under the NCIB will be purchased on the open market through the facilities of the TSX, at the prevailing market price at the time of the transaction. The Corporation has appointed Haywood Securities Inc. as its broker to conduct the NCIB transactions. All common shares acquired under the NCIB will be cancelled. During the 12 months preceding January 23, 2013, the Corporation did not repurchase any common shares.

Management of the Corporation believes that from time to time the market price of the NML common shares may not reflect their underlying value and that, at such times, the purchase of common shares for cancellation will increase the proportionate interest of, and be advantageous to, all remaining shareholders. In addition, the purchases by NML under the NCIB may increase liquidity to the Corporation's shareholders wishing to sell their common shares.

http://tmx.quotemedia.com/article.php?newsid=57376108&qm_sym…

[Hans60]

Webseite OnVista ADVFN



23.01.13
New Millennium Iron sendet die falschen Signale aus

Im Allgemeinen begrüßen es Analysten, wenn börsennotierte Gesellschaften ankündigen, eigene Aktien zurückkaufen zu wollen. Anders bei dem Eisenerzproduzenten New Millennium Iron (WKN A1JB2V)...

Anfang dieser Woche hatte das in Calgary ansässige Unternehmen veröffentlicht, dass man plane, bis zu 5 Mio. eigene Aktien am Markt zurückzukaufen - das würde zum derzeitigen Kurs rund 6,6 Mio. CAD kosten. Wie die Analysten von Desjardins Securities ausführen, verfügt New Millennium über ausreichend Kapital für diese Maßnahme. Allerdings sei dieses bislang für die Entwicklung der DSO- (Direct Shipping Ore) und Takonitprojekte des Unternehmens im Labrador Trough vorgesehen. Nun fragen sich die Experten, ob der Rückkauf bedeutet, dass diese Projekte auf Eis gelegt werden.

Und Desjardins ist auch der Ansicht, dass der Markt die Ankündigung nicht positiv beurteilen wird. Denn sie deute an, dass die Entwicklung des Takonitprojekts auf dem Spiel stehe, wenn das Management nicht mit Ausgaben für dieses rechne.

Die Analysten gehen davon aus, dass New Millenniums Anteil an den Investitionskosten für die zwei Projekte rund 970 Mio. Dollar beträgt, von denen 40 Mio. Dollar schon dieses Jahr fällig werden sollten. Ende September verfügt das Unternehmen ihren Angaben zufolge über liquide Mittel in Höhe von 11,75 Mio. Dollar und über weitere, kurzfristig angelegte 65,8 Mio. Dollar.

Kleinere Minenfirmen legen eher selten Aktienkaufprogramme auf, da sie in der Regel nur geringe Umsätze generieren und sich auf die Exploration und Entwicklung ihrer Projekte konzentrieren müssen. Allerdings ist New Millennium in einer besseren Position als viele Konkurrenten, da die Produktion auf dem DSO-Projekt des Unternehmens bereits angelaufen ist.
• Quelle •

New Millennium Iron Corp ( TSX : NML )


.

[KaOzz]

Antwort auf Beitrag Nr.: 44.054.104 von Hans60 am 23.01.13 14:53:38

Gut... da könnte man jetzt aber auch einfach einwenden, dass darauf spekuliert wird, dass der Share-Price anzieht und dann wieder ne Kapitalerhöhung zu höheren Preisen stattfindet...

[sinsala1986]

Antwort auf Beitrag Nr.: 44.055.366 von KaOzz am 23.01.13 18:50:20

diejenigen, die das rückkaufprogramm so schlecht sehen wegen der cash-situation, auch vor dem hintergrund einer größeren finanzierung, verstehe ich aber nicht ganz.

5mio. shares kann NML innerhalb eines 1 jahres kaufen, bräuchte aber mindestens 109 börsentage dafür, wenn die die 5mio. voll erreichen wollen.

unter der voraussetzung, dass die Veröffentlichung der FS zu dem taconite project vielleicht ja noch März dauern könnte und Tata Steel ja dann bis zu 4 Monaten Zeit hätte, eine Investitionsentscheidung zu verkünden, ist das noch eine lange ins Jahr hinein. Und wenn es eine einschlagende News diese Jahr im positiven geben sollte, dann ja wenn Tata Steel zu dem Großprojekt "Ja" sagt.

Aber erst dann wird auch erst die Finanzierung konkret, für Tata Steel und für NML. ich habe leider nichts dazu gelesen wie die regularien aussehen, wie und wann NML die gekauften shares wieder veräußern kann. denn NML könnte doch 1 Monat nach dem GO von Tata Steel (wenn es denn kommen sollte) zu einem sehr viel höheren preis verkaufen? viele zweifeln an NML, weil sie an der finanzierung zu dem taconite projekt zweifeln, ist ja auch ein immenser capex.

und sollte Tata Steel ein "GO" geben, bekommt NML eh noch einen Mio.-Betrag an Entschädigung für die damaligen Entwicklungskosten (auch um das Heads of Agreement herum) von Tata Steel erstattet.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.055.772 von sinsala1986 am 23.01.13 20:34:30

"All common shares acquired under the NCIB will be cancelled."

also minimieren die auch die aktienanzahl von NML?

http://www.thehindubusinessline.com/companies/tata-steel-con…

"The buyback exercise is to reduce the number of small investors."

[sinsala1986]

Antwort auf Beitrag Nr.: 44.055.819 von sinsala1986 am 23.01.13 20:49:28

also, sollte Tata Steel nich NML schlucken, könnte folgendes in 2013 passieren:

aus stockhouse von dem user jduade geklaut:

"I wanted to put a post together looking at the year ahead for NML. While there have been some unfortunate set backs regarding the DSO and the Taconite project, I still think there is plenty to look forward to in 2013. Below is a quarter by quarter projection of what I think we can expect this year.
.
2013 Q1
--Conversion of historical DSO resources to NI 43-101 compliant resources
--Results of DSO exploration work regarding the new DSO anomalies located near the Timmins processing plant (i.e., trenching and sampling work). Discussion of future exploration work (i.e., drilling) to delineate additional resources and bring down op-ex costs at the Timmins plant.
--Initial drill results from KeMag East Drilling done in Q3 & Q4 of 2012.
--Initial NI 43-101 resource estimate for Sheps Lake & Perault Lake
.
2013 Q2
--Taconite Feasibility Study released for public consumption
--Initial Drill Results for Lac Therese, Lac Keough, and Wishart Creek
--Initial NI 43-101 resource estimate for Howells River North, and Howells Lake
--Initiation of PEA for one of the three different exploration projects: Lac Ritchie, Perault Lake/Shep's Lake, Howells River North/Howells Lake
--Announcement of additional exploration drilling on properties not already drilled (i.e., Menihek North, Menihek, Lac Eclipse, Lac Helluva, or Mt. Irony.
--Announcement of short term port solution for DSO sales
.
2013 Q3
--Results of CN Railway study
--Tata to make positive Investment decision in Taconites
--Initial NI 43-101 resource estimate for KeMag East
--Most of DSO facilities to be completed
.
2013 Q4
--KeRail, DSO Rail Spur to be completed
--First sale of DSO products to Tata Steel's European Operations
--Additional off-take partners for NML Taconite project announced.
--Initial Drill Results from 2013 exploration project announced
--PEA announced for one of NML's other exploration projects.

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[sinsala1986]

Antwort auf Beitrag Nr.: 44.079.253 von sinsala1986 am 29.01.13 21:04:24

alle 38 trassen sind vollständig angebracht.



bei den temperaturen werden die nicht weit vorankommen:



naja, für den nächsten winter werden die das ding hoffentlich fertig bekommen.

[ironfahrrad]

NML announces release of the Quebec Certificate of Authorization for direct shipping ore.

http://www.nmliron.com/news-media/news-releases/nr1302

[Kongo-Otto]

Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -18,000 $1.16
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -7,600 $1.17
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -5,500 $1.16
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -1,000 $1.17
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -400 $1.17
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -200 $1.17
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -200 $1.16
Feb 4/13 Jan 29/13 Journeaux, Howaith Dean Direct Ownership Common Shares 10 - Disposition in the public market -100 $1.15

http://canadianinsider.com/node/7?ticker=NML

[sinsala1986]

Antwort auf Beitrag Nr.: 44.103.040 von Kongo-Otto am 05.02.13 06:44:53

Da starten die ein buy-back-programm und der ceo haut auch seine shares weg

[ironfahrrad]

Feb 1/13 Jan 28/13 Journeaux, Howaith Dean Direct Ownership Options 51 - Exercise of options 200,000 $0.830

Jan 30/13 Jan 28/13 Chanda, Biswajit Direct Ownership Common Shares 51 - Exercise of options 150,000 $0.830

[Kongo-Otto]

New Millennium Reports Initial 3.58 Billion Tonnes Resources at Sheps Lake and Perault Lake

http://finance.yahoo.com/news/millennium-reports-initial-3-5…

[sinsala1986]

Antwort auf Beitrag Nr.: 44.126.601 von Kongo-Otto am 11.02.13 14:08:06

stehen wir nun bei einer globalen ressource/reserve von 18,465 Mrd. t Fe.
und es gibt immer noch größere bereiche, die exploriert werden (können).

[ironfahrrad]

CALGARY, Alberta, Canada (Marketwire – February 12, 2013) –

New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX: NML) announced today that the Canadian National Railway Co. (“CN”) has suspended the feasibility study for the construction of its proposed rail line and terminal handling facility to serve the Quebec / Labrador iron ore range (Labrador Trough). The CN news release is attached in Appendix 1.
NML is a partner in the CN study, as a new rail line is a possible option for transportation to Sept-Îles for NML’s products from the Taconite Project (LabMag and KéMag) and other taconite resources. NML’s base case for product transportation is through a Ferroduct, and does not depend on a new rail line.
Dean Journeaux, President & CEO of NML, said “NML’s Feasibility Study continues on its Taconite Project, in collaboration with Tata Steel. This suspension by CN will have no adverse impact on the Taconite Project.”



“CN suspends feasibility study of proposed rail line in Quebec/Labrador iron ore range”
“MONTREAL, Feb. 12, 2013 — CN (TSX: CNR) (NYSE: CNI) announced today that it is suspending the feasibility study for the construction of its proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range.
“The feasibility study was initiated last August by CN and its partner La Caisse de dépôt et placement du Québec (the “Caisse”), along with a group of six mining companies. The study has been progressing steadily over the past several months. However, the current market realities have resulted in anticipated delays with mine development projects in and around the Labrador Trough. A joint review of the project together with the mining companies indicates that mine construction schedules and diverging needs for each specific individual project will make it difficult to obtain the critical volumes of iron ore necessary to support the building of new rail and terminal infrastructure by CN.
“The decision by some miners in the region not to join the group of mining companies supporting the CN infrastructure project is also a factor in the much-lower-than-projected iron ore volumes that are now expected to be shipped in the foreseeable future.
“Luc Jobin, executive vice-president and chief financial officer of CN, said: “We have invested considerable effort and resources towards the feasibility study, but in light of the circumstances, CN has concluded that it is not advisable to continue with the feasibility study at this time.”
“Michael Sabia, President and Chief Executive Officer of the Caisse, added that “we understand that conditions in the global economy prevent undertaking the project at this time. As a long term investor, the Caisse remains open to participating in infrastructure projects that will facilitate the development of Northern Québec, always in partnership with an experienced partner that can minimize the operational risks. The Caisse is convinced that the long-term structural trends in the global economy will be favorable to the development of Québec's natural resources sector.””

http://www.nmliron.com/data/attribute/upload/NR1305.pdf

[ironfahrrad]

Es gibt übrigens auch neue Bilder.

Der Bau von 2 Lagerhallen geht auch voran.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.134.065 von ironfahrrad am 13.02.13 08:15:34

oh, sogar korrekt und ohne fehler eingestellt :-D

hier ein beitrag von dem user jduade aus stockhouse:

"Hello All,

.

The resource estimate for Sheps & Perault on Monday got me thinking; what will the NI 43-101 compliant resource total be by the end of 2013? Let’s start off with the current totals.

.

DSO= 64.1 MT of P&P + 21.0MT M&I + 10.3 MT Inferred (total 95.4MT 59% Fe +25MT of historical)

.

LabMag= 3.545 BT of P&P + 1.045 BT of M&I + 1.151 BT Inferred (total 5.741 BT of 29.5% Fe)

.

KeMag= 2.141 BT of P&P + 307BT of M&I + 1.014 BT Inferred (total of 3.462 BT of 31.3% Fe)

.

Lac Ritchie= 3.330 BT of M&I + 1.437 BT of Inferred (total of 4.767BT of 30.5% Fe)

.

Perrault & Sheps= 3.58BT of M&I + 795MT of Inferred (total of 4.375BT of 31.1% Fe)

.

Current Total= 18.345BT of NI 43-101 Taconite Resources, and 95.4MT of NI 43-101 DSO resources

.

.

In addition to the current total, NML also should have resource estimates for Howells Lake, Howells River North, and KeMag East in 2013. Let’s take a look at what the size of these deposits might look like.

.

Howells Lake & Howells River North: According to NML the Howells Lake & Howells River North areas are 7km’s long, and 3.5km’s wide. The Howells River North deposit appears to be similar to LabMag & KeMag in that it sits flat, about 60 meters thick, and has the 7 stratigraphic iron units that typify the Millennium Iron Range. The Howells Lake deposit is a different story. At Howells Lake the West side of the deposit is flat lying, but the East side of the deposit is folded and is therefore doubled in thickness.

.

To explain this better, think about a slice of birthday cake sitting on a thick Styrofoam plate. In this example the cake represents the iron, and the Styrofoam plate represents waste material. At LabMag you have a slice of cake that can be eaten top down and when you get to the bottom you throw the plate away (i.e., the waste material). At Howells Lake East you have two pieces of cake stacked on top of one another with a Styrofoam plate separating the pieces of cake. This means that you have a flat lying iron structure that is economically viable similar to LabMag, and then after 30 meters of waste material you have yet another flat lying iron structure that is similar to LabMag, but deeper and covered by a layer of waste.

.

So, how should we interpret these findings? Well, I think it’s wise to say that Howells River North covers an area of 3km’s by 3.5km’s , and Howells Lake Covers an area of 4km’s by 3.5km’s. Secondly, I think we can attribute an average depth of 60 meters to Howells River North, and an Average Depth of 130 meters to Howells Lake. Lastly, I think that we can use a specific gravity of 3.41 to all of the deposits. Let’s see what we get with those figures…

.

Howells River North
3,000m * 3,500m * 60m * 3.41= 2,148,300,000 BT

.

Howells Lake

4,000m * 3,500m *130m * 3.41= 6,206,200,000 BT

.

At KeMag East, it’s hard to say since we haven’t received and drill results to date. According to the 12/20/12 news release KeMag East is 13km long by 1km wide. A total of 3,316m had been drilled there in 2012 for an average drill hole length of 138.16 meters. Since NML has stated that KeMag East represents a taconite target of “substantial size” due to it’s folded nature; my guess is that it’s about 110 meters thick on average with a similar density to the other MIR deposits. This gives us a resource estimate of…

.

KeMag East

13,000 * 1,000 * 105 * 3.41= 4,876,300,000 BT

.

In summation, after 2013, I think it’s possible that NML will have in NI 43-101 compliant Taconite Resources with 95.4MT of DSO (possibly more since NML did over 2400 meters of Reverse Circulation Drilling in 2012 on their DSO deposits).

.

Total Resources

31.5758 BT of Taconite Resources, with 95.4 MT of NI 43-101 resources with 25MT of historical Reserves.

.

Cheers,

James"

Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.134.668 von sinsala1986 am 13.02.13 10:22:23

:-))

Bin eben noch lernfähig.

Was mich sehr interessieren würde wäre eine Stellungnahme von nml
zu

"CN suspends feasibility study of proposed rail line in Quebec/Labrador iron ore range"

Wie soll es da weitergehen?

Pipeline ???

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.139.040 von ironfahrrad am 14.02.13 08:21:11

http://www.finanzen.net/nachricht/rohstoffe/Hongkongs-Honbri…

Dieses Modell war doch auch schon im Gespräch und sogar kostenneutral, wenn nicht kostengünstiger, als die Beteiligung am Eisenbahnprojekt.

Meinungen ??

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.139.078 von ironfahrrad am 14.02.13 08:34:04

Gebe ich mir die Antwort mal selbst.

http://www.nmliron.com/data/attribute/upload/20121127%20Scot…

Indicative rail tariff is $12 - $15/t (CAPEX + OPEX)
•
Pipeline cost estimate is $5/t (CAPEX) + $2/t (OPEX

[sinsala1986]

Antwort auf Beitrag Nr.: 44.139.173 von ironfahrrad am 14.02.13 09:04:08

NML hat doch eine antwort dazu gegeben:

Zitat aus der letzten News vom 12.02.2013:

"NML’s base case for product transportation is through a Ferroduct, and does not depend on a new rail line."

Nicht Aquädukt, sondern Ferrodukt.

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.139.333 von sinsala1986 am 14.02.13 09:37:57

Danke sinsala.

Konnte mit dem Wort nix anfangen.
Kennt nicht einmal google oder ein translator.

Aber dafür habe ich dich ja.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.140.670 von ironfahrrad am 14.02.13 13:08:12

musst nach "ferroduct pipeline" suchen, dann findeste mehr:

"For the taconite project, the feasibility study is evaluating a pipeline to transport iron concentrate to the port – where it would be pelletized – at lower cost than rail transportation. This would be the first such iron ore slurry transport system in North America, Dempsey maintains. However, in order to fully assess the transportation options, New Millennium has also joined a Canadian National Railway-led feasibility study of a new rail and ore handling system to service the Labrador Trough.

“If we can succeed with introducing a ferroduct, the operating cost is significantly lower than rail and it is a cleaner form of transportation, although the project must bear the capital cost,” Dempsey concedes. The pipeline would be underground below the frost line and insulated and heat-traced when it crossed rivers and streams. Emergency power would ensure minimum flow, and it would be monitored continuously for pressure, temperature, flow and leak detection and rigorously inspected."

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.140.719 von sinsala1986 am 14.02.13 13:18:50

Was will man mehr.

Danke.

[ironfahrrad]

Hatte heute mal nml angeschrieben, was die dazu sagen.
Die sagen natürlich das, was ich übersehen hatte.


Dear Sir,

Please note our news release of February 12 on our website.

This suspension by CN will have no adverse impact on NML's Taconite Project as the transport system from mine to port is based on pumping the fine grained ore particles in a water slurry in a ferroduct. The ferroduct allows NML to develop its taconite properties independent of others.

The rail proposal was an option only but one which we think is considerably more expensive (capex and opex) than the ferroduct and more importantly the Taconite Development using rail would be dependent on other producers to join in on the same timeline as ours to make that option viable.

I hope this answers your question.

Dean Journeaux, Eng., ing.
President and Chief Executive Officer - Président et chef de la direction

[sinsala1986]

Antwort auf Beitrag Nr.: 44.142.447 von ironfahrrad am 14.02.13 19:12:53

ich hatte das Management auch nochmal angeschrieben.

sie sagen,

- dass bis dato 1/3 der Millennium Iron Range exploriert sind
- dass das 2013er Bohrprogramm sehr minimal ausfallen wird
- dass sie nach finanzierungsoptionen schauen, um den 16% paid equity interest für das Taconite JV zu finanzieren, wenn Tata Steel zu dem Taconite Projekt "Ja!" sagt
- dass die NI43-101 Ressourcenschätzungen zu Perault Lake Ende März und Howells Lake & Howells River in Q2/2013 kommen werden.
- dass die Eisenbahnanbindung für das DSO-Projekt in Q3/2013 fertig gestellt wird und anschließend daran die ersten Verkäufe vermeldet werden können

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.156.776 von sinsala1986 am 19.02.13 10:15:10

Danke.

Hast du Sie auch der nach der FS gefragt?

Ist doch so langsam fällig.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.161.660 von ironfahrrad am 20.02.13 08:43:55

nein,

die hatten Ende Dezember ja gesagt, dass die noch ein bisschen Zeit benötigt und ich erwarte sie bis ende März.

Du musst überlegen, dass das Ding $50 Mio. kostet, sehr viele Menschen dort zuarbeiten und das auch ein gigantisches Projekt ist. Da nehmen ich die Verzögerung in Kauf.

Und da die FS sehr balkd kommen könnte, werden die sich dann jetzt so kurz vorher auch nicht mehr terminmäßig dazu äußern, da das ein sehr marktrelevantes Ereignis ist.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.161.918 von sinsala1986 am 20.02.13 09:34:14

According to Jennings Capital:

February 20, 2013

NEW MILLENNIUM IRON CORP. 12-Month Target: C$2.35

(TSX-NML C$1.17) Risk Rating: ABOVE AVERAGE

RE-INITIATING COVERAGE

LABRADOR TROUGH DIFFERENTIATOR: GETTING PREMIUM IRON OUT OF THE TROUGH SELECTIVELY

- Infrastructure play, built to last: The Millennium Iron Range-Taconite project under feasibility study is envisaged to bypass the existing complex high tariff rail network and use an owner-operated slurry pipeline over a 600km mine to pellet plant at the port, and then to market. Furthermore, the recent suspension of the CN feasibility study highlighted the risk involved for other players in the Trough to get their products to market with limited landside infrastructure in place.

- Potential low cost, long-life asset base: The Taconite project has the potential for mine-life beyond 30 years at an average FOB cash operating cost around US$45 per tonne. NML has a very large global resource base of potentially 100 years.

- High product quality, market demands it: Approximately 70% of the product mix is geared toward premium grade pellet products, supplying 15-17mtpa into the market. The growth of DRI consumption in electric furnace-based steelmaking and the decline in high grade hematite lump iron provide support for the continued market trend toward greater pellet grade material usage.

- BFS underway: The bankable feasibility study (BFS) on the Taconite project is expected around Q3 2013, with economic analysis potentially for three project development scenarios. We expect Tata Steel to maintain its role as cornerstone developer and operator.

- Project financing/strategic partner: Given the relative large-scale project size, robust economics, credible partner/consumer and proximity to European pellet markets; we would expect capital funding to be challenging but manageable. With attractiveness of the project and Tata Steel leading the financing efforts, we would expect high interest from potential strategic partners to come onboard.

- Key risks: Primary risks to our target price for NML include iron ore prices varying materially from our forecasts, regulatory and environmental risks associated with a Taconite slurry pipeline, and attracting capital funding for this relatively large-scale development project.

- Valuation: We derived our target price on NML based on a sum-of-the-parts NAV approach, using DCF of after-tax cash-flows to equity-holders plus a multiple of key exploration projects. We have applied an 8% discount to our DSO and 12% to our KéMag NAV in our valuation.

We are re-initiating coverage on New Millennium Iron Corp. with a BUY recommendation and 12-month target price of C$2.35 per share.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.167.529 von sinsala1986 am 21.02.13 09:25:47

Value of Slurry Transportation for the Taconite Project is Reaffirmed After New Millennium Receives Notice from CN Ending Its Railway Expansion Study in Northern Quebec
http://tmx.quotemedia.com/article.php?newsid=58184838&qm_sym…

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2013) -

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that it has received a Termination Notice of Transporter from the Canadian National Railway Company ("CN") pursuant to the Collaboration Framework Agreement ("CFA") made effective August 3, 2011. The Notice refers to a study initiated by CN to consider the feasibility of constructing a new rail line in Northern Quebec that would potentially carry iron ore to a planned materials handling facility at Pointe-Noire, Quebec. NML was one of the original signatories to the agreement with CN and agreed to participate in order to assess whether the proposed rail line could economically compete with NML's long-standing plan to pump concentrate in a slurry from its Taconite Project through a ferroduct system from the mine to a pellet plant, as is currently being evaluated in the Project's comprehensive Feasibility Study. CN will reimburse New Millennium its Evaluation Payment paid under the CFA.

Dean Journeaux, New Millennium's President and CEO, said, "We felt it was prudent to participate in CN's rail line study in order to be certain that we did not overlook any option to increase the efficiency and value of the Taconite Project. However, unlike for other companies active in the Labrador Trough, our Taconite Project does not rely on the construction of new rail lines or the development schedules of other projects needed to make the rail option viable. Our project criteria have always been based on transporting slurry concentrate through a ferroduct system, and our studies to date have demonstrated that a ferroduct will result in NML having significantly lower operating costs than by utilizing a rail option. Although we were looking forward to the findings of CN's study, our evaluation of the ferroduct system has continued and we are confident that our forthcoming feasibility study will provide positive details about its merits. The scope of our study also includes terminal facilities at Pointe-Noire and allows the potential for future users."

[ironfahrrad]

News

7:00 AM EDT
March 12, 2013New Millennium Iron Corp. Announces Tata Steel Minerals Canada's Positive Agreements with Labrador Iron Mine Holdings Limited for Its Direct Shipping Ore Project -

New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML) announced today that Tata Steel Minerals Canada ("TSMC"), in which NML has a 20% interest, has entered into a multi-faceted framework agreement with Labrador Iron Mines Holdings Limited ("LIM") that favourably impacts the Direct Shipping Ore ("DSO") Project owned and operated by TSMC. The agreement involves cooperation in transport and port infrastructure development as well as transactions for development of LIM's Howse deposit and TSMC's Timmins 4 deposit. Both companies will enjoy the benefit of cost synergies from the rationalization of various aspects of their respective iron ore operations. The companies intend to enter into definitive agreements to formalize this agreement in due course.

Dean Journeaux, President and CEO of NML, said, "The framework agreement provides operating efficiencies for both companies, resulting in a 'win-win' outcome. By co-operating together, both companies stand to achieve substantial savings through economies of scale. For TSMC, acquisition of 51% and possibly 70% of the Howse deposit will result in a net addition of resources located only about four kilometers from the year-round processing plant site that TSMC is now constructing in the Timmins area."

Summary of Agreements

The multi-part cooperation agreements are summarized as follows:

•The companies agreed to cooperate to develop the rail line that will start near TSMC's Timmins Area processing plant and go through LIM's Silver Yard facilities to the TSH main line.
•The companies shall also coordinate their respective participation in developing infrastructure at the Port of Sept-Îles with the objective of establishing common access and terminal facilities to the Port's new deep sea multi-user dock.
•The companies have agreed to enter into transactions regarding the development of LIM's Howse deposit and TSMC's Timmins 4 deposit. The Howse deposit, containing 28 million tonnes of historical resources, is four kilometers from TSMC's Timmins processing plant. TSMC will acquire a 51% interest in LIM's Howse deposit, and LIM may earn up to a 100% interest in TSMC's Timmins 4 deposit having resource of 1.7 million tonnes to LIM for consideration of $3 million recoverable from sales.
•As part of the proposed agreement, and subject to fulfillment of certain conditions precedent, LIM will receive a cash injection of $30 million. In future, TSMC has an option to infuse up to C$ 25 million in the Howse project to further increase its interest in the Howse deposit to 70%.

[ironfahrrad]

Aus Stockhouse

"
51% of 28.8 million tonnes of DSO costs NML $30 million. So the going rate for DSO in a buyout is now a little over $2 per tonneRead more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&… "

Wäre ja ein schöner Reibach für uns, setzt man die jetzigen VK - Preise voraus.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.242.146 von ironfahrrad am 12.03.13 16:00:20

das ist aber "nur" das akquisitionswert pro tonne,

dazu kommen die entwicklungskosten pro tonne (wenn die liegenschaft exploriert wird) + produktionskosten pro tonne (wenn die liegenschaft in produktion kommt)

LIM muss schwer angeschlagen sein, wenn die jetzt Assets teilveräußern müssen, um non-dilutive an cash zu kommen, nachdem die ja schon eine größere KE durchgejagd hatten.

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.243.423 von sinsala1986 am 12.03.13 19:33:20

Dann verstehe ich den deal nicht.

Eisenerz haben nml/tata doch genügend.
Will tata evtl. auf Taconite verzichten ?

Wenn LIM so schwer angeschlagen ist, gehen die doch evtl. gar nicht mehr in Produktion und alles war für die Katz.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.243.456 von ironfahrrad am 12.03.13 19:39:28

ganz einfach:

das DSO-Projekt war ursprünglich für 4,2 mio. t Fe geplant, was mittlerweile auf 6 mio. t Fe jahreskapazität angehoben wurde. in kanada haben viele die vermutung, Tata Steel könnte das DSO Projekt noch sehr viel größer aufziehen. bei 120 mio. t Fe ressource, wären diese recht schlecht aufgebraucht.

Projektkarte von LIM:


Projektkarte von NML


achte ganz genau auf die beiden grenzzipfel der newfoundland & labradorgrenze, bei LIM wo das hinsweisschild "Project Location" beginnt und bei NML wo das DSO Bild platziert ist.

es geht um ressourcen, die nahe der verarbeitungsanlage des DSO-Projekts sind. Timmins dürfte nur ganz wenige km neben dem Howse deposit liegen. für 2$/t ein schnäppchen. kommt dran nur drauf an, inwieweit die kosten des DSO-Projektes noch ansteigen und wo letzendlich die realen produktionskosten pro tonne liegen werden.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.243.456 von ironfahrrad am 12.03.13 19:39:28

auf das Taconite projekt verzichten? daran glaub ich nicht so recht, vielmehr denke ich, könnte Tata Steel das Taconite projekt aufschieben wollen, um in einer finanzwirtschaftlich sicheren zeit darauf zurück zu kommen.

zwischenzeitlich wäre es für Tata Steel dann sinnvoller und nicht so teuer, das DSO projekt größer aufzuziehen.

btw: LIM ist bereits in Produktion, braucht aber glaube ich einen Eisenerzpreis von mindestens 100$/t, um überhaupt die produktionskosten von etwa 70$/t sowie transport- und vertriebskosten decken zu können.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.243.581 von sinsala1986 am 12.03.13 20:08:27

hier haben wir's nochmal genau aus der heutigen news:

"The Howse deposit, containing 28 million tonnes of historical resources, is four kilometers from TSMC’s Timmins processing plant. TSMC will acquire a 51% interest in LIM’s Howse deposit, and LIM may earn up to a 100% interest in TSMC’s Timmins 4 deposit having resource of 1.7 million tonnes to LIM for consideration of $3 million recoverable from sales."

4km nur entfernt.

und wenn man genauer liest werden historische ressourcen --> hier muss geld investiert werden für exploration, was LIM nicht hat

gegen nachgewiesene ressourcen von NML getauscht.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.243.629 von sinsala1986 am 12.03.13 20:17:43

der user jduade aus stockhouse sieht den preis als unangemessen hoch an:

"I really liked the possibility of purchasing the Howse deposit for $3 - $6 Million with a royalty kicker to sweeten the deal. At a price of $30 Million, I'm scratching my head. The Howse deposit is relatively large, and is within close proximity of NML's processing plant, so in that regard it does make a lot of sense (which is why I suggested it in the first place).

.

That being said, the deposit to my knowledge, has yet to be drilled to be put in NI 43-101 compliance. That means there's a good deal of risk on the table. For instance, Howse could have a high manganese level or high amount of other impurities that make it less attractive, or even worse uneconomic. At best NML & TSMC will now have to spend several million drilling the deposit to put it in NI 43-101 compliance and use their own in house resources in order to determine the best pit shell, etcetera. In other words the deposit still has a year or two before its ready to be mined.

.

The other fact is that LIM was at least 8 years away from mining Howse, and would have had to spend likely a $100 million or more to get their phase 3 operations up and running. Furthermore, at 28MT the deposit really isn't large enough to justify another firm mining it, so the only potential purchaser would be Tata and NML. Lastly, LIM was in a very weak negotiating position. They desperately need money to get their operations up and running, and no firms seem to be willing to loan them any money.

.

Taking those facts into consideration NML/TSMC should have negotiated a much better deal. I would have liked to see a $30 million loan with 1 year maturity, and the Howse deposit was collateral. Or conversely, a purchase price of $.10 to $.20 per tonne in the ground with a royalty rate contingent upon the deposit meeting certain quality standards (i.e., low impurities).

.

If LIM didn't like those terms, then NML & Tata could simply walk away and mine their own DSO deposits and DSO anomalies. TSMC had all the leverage in this negotiation and they really just caved in to LIM's wishes. Honestly I'm shocked at the price they paid."

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…" target="_blank" rel="nofollow ugc noopener">http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.243.706 von sinsala1986 am 12.03.13 20:30:35

Wollen wir darauf vertrauen, dass nml/tata sich kein Kuckucksei ins Nest haben legen lassen.

Doof sind die ja hoffentlich nicht.

[ironfahrrad]

Homepage tata

http://www.tatasteelindia.com/UserNewsRoom/usershowcontent.a…

[cervical]

INN Video: Dean Journeaux of New Millennium Iron
Monday March 11, 2013, 10:35am PDT



http://ironinvestingnews.com/5371-inn-video-dean-journeaux-o…

[ironfahrrad]

Production: Spring/summer 2013

2015/2016 Ziel 6 Mio. t.

BFS later this year, das habe ich nicht verstanden.

Wie "late"

[ironfahrrad]

Labrador Iron Mines (TSX:LIM) is receiving C$30 million from Tata Steel in return for a 51% interesting in LIM's Howse deposit.

The strategic relationship was announced yesterday. Tata and LIM both operate iron ore projects in the Labrador Trough. Labrador Iron Mines said the deal will allow both companies to rationalize operations and cooperate. Both companies plan to share the same rail and port infrastructure.

Other parts of the deal allow LIM to acquire a 100% interest in Tata's Timmins 4 deposit, located about two kilometres from Howse, at a consideration of $3 million
payable from sales of Timmins 4 ore at $2 per tonne. Tata can increase its interest in Howse to 70% for $25 million.

According to LIM's website, the Howse 1 deposit is located about 25 km northwest of Schefferville with access by way of an all-season road and 700 metre trail to the deposit itself. A network of trails and secondary dirt roads provides access to the remaining area. The overburden on the site is thicker than any of LIM's other deposits.

[ironfahrrad]

http://www.nmliron.com/data/attribute/upload/NR1308.pdf

[ironfahrrad]

NEW MILLENNIUM IRON CORP. ANNOUNCES NEW DRILLING RESULTS FOR HOWELLS RIVER NORTH AND HOWELLS LAKE PROPERTIES THAT JOINS LABMAG AND KÉMAG MINERALIZATION

http://www.nmliron.com/news-media/news-releases/nr1309

[ironfahrrad]

NEW MILLENNIUM IRON CORP. ANNOUNCES NEW DRILLING RESULTS FOR…

[sir_krisowaritschko]

haben die verpeilt die bohrlochtabellen einzufügen??? bei mir werden die nicht angzeigt. nur text eben!

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.304.853 von sir_krisowaritschko am 26.03.13 14:49:33

Geh am besten auf die homepage und lade dir die news runter

[sinsala1986]

Antwort auf Beitrag Nr.: 44.304.981 von ironfahrrad am 26.03.13 15:01:40

hm, gute ergebnisse, bis darauf, dass bei KéMag East der Silizium-Anteil recht hoch ist.

[sinsala1986]

Antwort auf Beitrag Nr.: 44.306.907 von sinsala1986 am 26.03.13 18:02:44

Dean Journeaux, President and CEO of NML, said, "These drilling results are the most important exploration results for New Millennium since we established the KéMag deposit. They demonstrate that we now have a continuous belt of mineralization between the LabMag and KéMag deposits. Moreover, the quality of the material and concentrate grades are also comparable. These two properties combined are fairly large and have the potential to rival the LabMag and KéMag deposits in terms of total resources. NML has engaged SGS Canada Inc. to produce NI 43-101 compliant resource estimates, which we estimate will be completed in the second quarter."

verbinde zwei sachen zu einer?

[ironfahrrad]

NEW MILLENNIUM
ANNOUNCES FINANCIAL RESULTS
FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2012


http://www.nmliron.com/data/attribute/upload/NR1310.pdf

[SEPP_EIXLBERGER]

Zitat von sinsala1986: Dean Journeaux, President and CEO of NML, said, "These drilling results are the most important exploration results for New Millennium since we established the KéMag deposit. They demonstrate that we now have a continuous belt of mineralization between the LabMag and KéMag deposits. Moreover, the quality of the material and concentrate grades are also comparable. These two properties combined are fairly large and have the potential to rival the LabMag and KéMag deposits in terms of total resources. NML has engaged SGS Canada Inc. to produce NI 43-101 compliant resource estimates, which we estimate will be completed in the second quarter."

verbinde zwei sachen zu einer?

Zwei Sachen zu einer??

Geht nicht,die CEV ist dazwischen !!

[SEPP_EIXLBERGER]

Mean consensus OUTPERFORM
# of Analysts 9
average target price 2,97 CAD
Last Close Price 1,02 CAD
Spread / Highest target 322%
Spread / Average Target 191%
Spread / Lowest Target 72%

[sinsala1986]

Antwort auf Beitrag Nr.: 44.331.815 von SEPP_EIXLBERGER am 29.03.13 20:23:58

nein, LabMag und KéMag sind jetzt miteinander verbunden, CEV liegt neben denen anliegend, wenn man das DSO projekt miteinbezieht ist CEV quasi umzingelt von NML:

[sinsala1986]

Antwort auf Beitrag Nr.: 44.336.397 von sinsala1986 am 31.03.13 12:34:06

Ich denke, dass die howse liegenschaft im eilverfahren noch vor der dso 4 goodwood area geminert wird, sonst würde die akquisition von LIMs howse liegenschaft keinen wirtschaftlichen sinn machen. die goodwood area beherbergt große ressourcen von DSO und sollte im 2. mining jahr starten. Dazu hätte man die 38km transportstraße bauen müssen, die laut FS um die $26,5 mio. gekostet hätte. Große Wegezeiten und -kosten würden wegfallen.

[cervical]

Tata Steel will Werke in Großbritannien verkaufen
Der indische Stahlkonzern Tata Steel will Teile seiner 10,6 Millionen Tonnen schweren Kapazitäten in Großbritannien versilbern: Damit reagiert der Stahlkonzern auf die geringe Auslastung nach der zuletzt dramatisch eingebrochenen Nachfrage in Europa und könnte die horrenden Schulden von zuletzt fast 10,5 Milliarden US-Dollar abbauen.

http://www.industriemagazin.net/home/artikel/Stahlindustrie/…

[cervical]

New Millennium Iron Corp. Begins Trading on Otcqx®

http://www.minenportal.de/artikel.php?sid=82237&lang=en#New-…

[sinsala1986]

Antwort auf Beitrag Nr.: 44.402.219 von cervical am 10.04.13 14:12:25

ich präsentiere das DSO Projekt von NML:

http://www.file-upload.net/download-7460677/Labrador-Trough_…


Zum Download den "Download"-Button unter:


"Datum: 12.04.2013

Dateigröße: 0.6 MB

Downloads:1"


drücken. Es handelt sich um ein PDF-Dokument.


Besonders zu beachten ist der Hinweis zu Risiko, Haftung und Urheberrecht auf der letzten Seite des Dokuments.

[ironfahrrad]

Antwort auf Beitrag Nr.: 44.422.047 von sinsala1986 am 12.04.13 21:06:53

Sinsala!

Super Ausarbeitung.

Wollte diese mal an nml weiterleiten. Darf ich aber nicht.

Mal sehen, was aus nml wird.

iron

[sinsala1986]

Antwort auf Beitrag Nr.: 44.424.839 von ironfahrrad am 13.04.13 12:42:10

ich hab mal durchkalkuliert:

während in der Machbarkeitsstudie ja ein Eisenerzverkaufspreis von $64,50/t Fe verwendet wurde, lag der interne Zinsfuß („internal rate of return“ - IRR) bei einem Wert von 29,1% vor und 22,3% nach Steuern bei einer Projektlaufzeit von 10 Jahren.

Unter Verwendung von einem Eisenerzverkaufspreis von $130/t, konservativ operative Kosten von $40/t abzüglich 40% (10% administrative Kosten sowie 30% Steuern), 6 Mio. t jährliche Produktionsrate, 15 Jahre Projektlaufzeit, 8% Abzinsungsfaktor, vollverwässerte Aktienanzahl, 20%igen Anteil an den $22 Mio. Entwicklungskosten, $52 Mio. Investitionskostenanteil

... komme ich auf 100%-Projektbesitzbasis zu einer IRR von ca. 58,7% nach Steuern bei einem Net Present Value (NPV) von ca. $2,345 Mrd.

kann das wer bestätigen?

[sinsala1986]

Antwort auf Beitrag Nr.: 44.577.433 von sinsala1986 am 06.05.13 20:39:36

für 100%-Projektbesitzbasis muss man natürlich die vollen $22 Mio. Entwicklungskosten und den vollen $560 Mio. Capex ansetzen.

[sinsala1986]

New Millennium Iron

Seite-1-Vorschau zu den beiden Dokumenten:



Das DSO Projekt:
http://www.workupload.com/file/AR4DR10

Das Taconite Projekt:
http://www.workupload.com/file/0vcjafF

Beachtet die Hinweise zu Haftungsausschluss / Risikohinweise / Urheberrecht / Offenlegung von Interessenskonflikten auf der letzten Seite des Dokuments!

Viel Spaß beim Studieren.

MfG
sinsala

[sinsala1986]

New Millennium Provides Corporate and Project Update

CALGARY, ALBERTA--(Marketwired - May 13, 2013) - New Millennium Iron Corp. ("NML" or the "Company") (TSX:NML) (OTCQX:NWLNF) announced today corporate and project updates.

DSO Project Update:

The DSO Project is owned and operated by Tata Steel Minerals Canada Limited ("TSMC"), which in turn is 80% owned by Tata Steel and 20% owned by NML.

The construction of the processing complex and ancillary facilities is progressing well. Commissioning of the process plant and first production are planned for Q4, 2013 with the ramping up to full capacity to occur over the course of 2014. TSMC is planning to resume seasonal production from its mobile dry crushing and screening plant in June, 2013.

Taconite Project Feasibility Study:

Following the receipt of a preliminary report, NML and TSMC are jointly working with the Study Manager to finalize the report before presenting it to their respective Boards.

CEO Succession Planning:

In July 2011, Bob Martin stepped down as President and Chief Executive Officer ("CEO"). Dean Journeaux, a co-founder of NML, replaced him. As part of the Company's orderly succession plan, NML has searched privately for a Chief Operating Officer ("COO") with the capability to become CEO. To expand the search for candidates for CEO, NML has recently appointed a worldwide executive search agency. Internal and external candidates are being considered. Following his successor being hired and his retirement, Mr. Journeaux will continue contributing to NML in a senior capacity.

Mr. Journeaux, President and CEO stated, "I am pleased that we are well on our way to achieve our current goals. TSMC is fully committed to bring the DSO Project into its full production capacity by the end of 2014 and tremendous progress has been made to ensure the start of shipping of the product this summer. Regarding our Taconite Feasibility Study, we are taking the time necessary to optimize its technical and economic viability and that we fully benefit from the Taconite Project's high product quality, long life and operating advantages. As an important shareholder, I will enjoy contributing to this success as I continue to play an active role in the company to oversee an orderly transition and project development."

http://web.tmxmoney.com/article.php?newsid=60144171&qm_symbo…

[sinsala1986]

Antwort auf Beitrag Nr.: 44.620.491 von sinsala1986 am 13.05.13 13:05:53

mein posting auf stockhouse:

i posted some days ago:

"I believe that NML and Tata Steel are deliberately deferring the annoucement of the Taconite FS because after that they would have to make the financing (if you believe Tata will make a positive investment decision and NML is up for the additional 16% paid equity interest).

i believe they won't like to handle the financing at these current market conditions. NML would highly dilute their shareholders at that share price.

but i see the deferal positive. the DSO project would get more time to develope and generate more cash-flowand the Taconite FS could be arranged at bettet conditions."

-------------------------------------------------------------------------------------------

but then i read in the financial report for Q1/13 the following for the Taconite project:

"After completion of the feasibility study, the option will allow Tata Steel four months to make an investment decision involving the development of either one or both of the projects. If Tata Steel exercises its option then it will pay the Company 64% of the costs incurred prior to the feasibility study to advance the project(s).

As at March 31, 2013, NML has received $23,810,000 (December 31, 2012-$21,470,000) from Tata Steel on account of the option."

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The costs for LabMag and KéMag are $25.3m and $14.6m --> 64% of that are around $25.5m

So Tata Steel already paid up the whole costs for the Taconite projects to NML???????

http://www.stockhouse.com/bullboards/messagedetail.aspx?s=NM…

[ironfahrrad]

http://www.nmliron.com/news-media/news-releases/nr1315

CALGARY, Alberta, Canada (Marketwire – May 23, 2013) – New Millennium Iron Corp. (TSX: NML) (OTCQX: NWLNF) today announced a resource estimate for its 80% [1] owned Howells River North and 100% owned Howells Lake properties in Newfoundland and Labrador. Data collected from its 2011 drilling campaign (101.0 m from 1 hole) and 2012 drilling campaign (1,114.5 m from 10 holes) in Howells River North and 2006 & 2011 drilling campaigns (252.0 m from 2 holes) and 2012 drilling campaign (6,561.7 m from 43 holes) in Howells Lake, demonstrate 7.63 billion tonnes of Indicated Mineral Resources and an additional 3.31 billion tonnes of Inferred Mineral Resources, based on a 18% Davis Tube Weight Recovery (“DTWR”) as shown in Table 1 below. usw.

[ironfahrrad]

Message from President and CEO

Previous editions of NML News focused on the Direct-Shipping Ore Project (“DSOP”), which is at an advanced stage of construction by our
partner, Tata Steel Minerals Canada, and on the Taconite Project, which is the subject of a detailed feasibility study. Neither of those projects
could exist without the exploration programmes that identified, measured and evaluated the iron ore bodies. Exploration remains crucial to
NML’s long-term growth. A modest programme of diamond drilling totalling 500 m at five sites in Labrador and 1,700 m at 12 sites in Québec is
planned to start in June 2013. NML obtains the required permits from the concerned provincial governements, conducts pre- and post-drilling
inspections, provides oversight during the drilling and ensures a full clean-up. NML also consults the concerned First Nations, conducts
surveys for archaeological and heritage materials, takes Elders on periodic overflights to check for the presence of caribou and stops drilling in
the presence of caribou. In these ways, NML tries to avoid environmental damage and to limit impacts for the First Nations users of the land.
As NML’s presence in the Schefferville-Menihek area increases and its involvement in the communities expands, NML wants to make sure
that it implements policies and measures to improve its practices in both the environment and social realms. This issue of NML News focuses
on some of those initiatives.
Star Performer
Message from President and CEO
Gender Equity
Lwww.NMLiron.com
Employment, Contracting Opportunities and Training
Issue No.6 May 2013
NML News
Editor: Élisabeth Benoît
Contributors: Dean Journeaux, Paul F. Wilkinson, William Zinn
Dean Journeaux
From left to right: John André and James Uniam
James Uniam was born in the Schefferville area and is one of New Millennium’s most
knowledgeable and hardworking local employees. James is also the A-Team leader, one of
NML’s busiest and most versatile working groups. He is passionate about his community and
knowledgeable about exploration and its many processes. He is an excellent teacher, and the
combination of his Native background, patience and strong work ethic gives him a unique
ability to get the job done to the satisfaction of everyone. He is also a gifted painter.
In this photo, James, and a colleague are ready to install another road sign that must be
visible and stable throughout the year.
Employment, Contracting Opportunities and Training
Issue No.6 May 2013
NML News
Editor: Élisabeth Benoît
Contributors: Dean Journeaux, Paul F. Wilkinson, William Zinn
Dean Journeaux
From left to right: John André and James Uniam
James Uniam was born in the Schefferville area and is one of New Millennium’s most
knowledgeable and hardworking local employees. James is also the A-Team leader, one of
NML’s busiest and most versatile working groups. He is passionate about his community and
knowledgeable about exploration and its many processes. He is an excellent teacher, and the
combination of his Native background, patience and strong work ethic gives him a unique
ability to get the job done to the satisfaction of everyone. He is also a gifted painter.
In this photo, James, and a colleague are ready to install another road sign that must be
visible and stable throughout the year.
So as to ensure that the benefits and opportunities generated by their projects are equally available to all Quebecers and Newfoundlanders
and Labradorians, NML/TSMC believe that the implementation of effective measures regarding gender equity is essential. They strive to make
sure that women, including Aboriginal women, have fair and equal access to those beneficial opportunities. Women continue to be underrepresented
in trades, technology, science and engineering-related occupations. For this reason, NML/TSMC commit to developing,
implementing and supporting throughout the life of their projects long-term initiatives aimed at increasing the number of women employed in
non-traditional occupations.
For its DSO Project, TSMC prepared a Women’s Employment Plan (“WEP”), as recommended by the Women's Policy Office of Newfoundland
and Labrador. The WEP is designed to prevent, reduce or eliminate employment inequities potentially or actually experienced by women. As
part of the feasibility study of its Taconite Project, NML has begun to meet with groups and organizations active in the field of employment
equity and gender issues to assist in preparing an integrated policy on gender equity. In pursuing these goals, NML recognizes that active and
focused collaboration with governments, educational institutions, organized labour, community organizations, industry associations,
contractors and sub-contractors as well as with other interest groups will be essential.
Tata Steel Minerals Canada (“TSMC”), the joint venture between NML and Tata Steel, is in charge of the DSOP. NML/TSMC recognize the
importance of their projects to the people of Québec and Newfoundland and Labrador. They are committed to ensuring that the residents of
both provinces, including the Aboriginal communities, benefit directly from the associated employment and business opportunities. For the
DSOP, a Benefits Plan (“BP”) was prepared to meet the requirements of the Government of Newfoundland and Labrador. The BP sets out
employment, contracting and training targets. If the Taconite Project goes ahead, a similar plan will be developed. NML will also develop a
process for monitoring employment that includes gender and age and will implement strategies if the targets are not being attained.

u.s.w

[ironfahrrad]

Stehen jetzt wohl in den Startlöchern:

Dry crushing operations:

Dry crushing and screening, operated by a contractor, is set to start in June with feed material from the stockpiled Timmins 4 ore mined last year. TSMC plans to produce approximately 1 Mt at an anticipated average grade of 62% Fe and 5% SiO2. The ore will be crushed to -8 mm and stockpiled at the site prior to shipment by rail to the port of Sept-Iles. Until the construction of KéRail is complete, the ore will be trucked to the Silver Yard and loaded into rail cars there.
Current status:

Mobile plant will be erected for June 1, 2013
1 Mt will be produced this year
Products will be shipped to the port – details are being worked out in conjunction with development of infrastructure at the Port of Sept-Îles, and is being co-ordinated by TSMC along with Labrador Iron Mines

Mine development:

Mine development restarted April 22, 2013 at Fleming 7N with snow-removal. Starting in mid-June, waste stripping will begin at Fleming 7N. Approximately 800,000 tonnes is scheduled to be mined from Fleming 7N this year, and another 200,000 tonnes will be crushed and screened from the previously mined Timmins 4 material. The initial mining of ore at Fleming 7N will leave both red and blue ore exposed, allowing for blending operations during the commissioning of the full process plant.
Current status:

Mining plan for 2013-14: Mine 800,000 tonnes from Fleming 7N
Mining plan for 2014-15: Mine 3,000,000 tonnes from Fleming 7N and Timmins 4
Test holes have been drilled at Fleming 7N to determine the extent of the overburden
Dozers and loaders are being used to clear all snow from Fleming 7N
Mining will start by clearing the overburden, then stripping the overlying waste
Less than the 4-5 trucks used last year will be needed because the haul from Fleming 7N is much shorter than that from Timmins 4