Equinox -Größte Kupfermine Afrikas. Uran - 500 Beiträge pro Seite

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22 Mill lbs
Minenaufbau läuft-strassen, e-versorgung, wohnungen etc
250 t trucks mit elektro- und dieselantrieb- strom aus waserkraftwerk spart enorme dieselkosten
26 m^3 bagger
alles bestellt
investitionsumme 900 mill usd !!!!
alles finanziert
start der produktion q2 2008
minenlaufzeit 37 jahre
allerdings haben sie riesige flächen, die nicht erforscht sind
uran fällt nebenbei ab
gefahr droht nur durch einen übelsten verfall der kupferpreises
momentan steht er bei 2,7usd/lbs zu förderkosten < 1 usd
auf der hp mal präsentation ansehen
da geht was ab im busch
900 mill- das ist keine klitsche
momentaner wert des kupfers so um die 30 mrd usd
+ weiteres explorationspotential
http://equinoxminerals.com/

Wir haben zwar schon einen thread, aber ab und zu mal einen guten wert ins licht zu rücken, kann nicht schaden.
ein teures laufband will ich nun aber auch nicht schalten
dann würden die meisten eqn doch sicherlich gleich als schrottwert abtun. das muss nicht sein
kgv abhänig vom kupferpreis
momentan würde es für ein volles jahr produktion bei etwa 2 liegen

Equinox stock predicted to rise on back of copper concentrate agreement
By: Tessa Kruger
Posted: '02-MAR-07 06:17' GMT © Mineweb 1997-2006



JOHANNESBURG (Mineweb.com) -- Exploration and mine development company Equinox Minerals’(TSX, ASX: EQN) share price is set to climb on the back of the concentrate sale and purchase agreement for 55% of copper concentrates from its major Lumwana project in Zambia. Or so reckons Florida-based Raymond James Equity Research, which said in a recent report that the company’s shares were undervalued and the removal of uncertainty over concentrates should result in a positive re-rating of the stock.

The research organization pointed out that Equinox is trading at a Price/Net Asset Value (NAV) of 0.45x compared to its peer group of copper developers trading at 0.82x.

Tom Meyer, base metals and mining analyst, said the share was a “strong buy” as the share price was expected to climb from its current C$2.10 to C$3.80 within six to twelve months.

“Our target price is based on a Price/Net Asset Value multiple of 0.8 - a net asset value multiple of 0.9 to 1.0 would apply once the mine starts commercial production.”

Equinox is constructing what will be one of Africa’s largest copper projects at Lumwana. Lumwana, owned 100% by Equinox, is located in the North Western Province of the Zambia. The Lumwana mine will produce an average of 169,000t of copper metal per year contained in concentrates for the first 6 years of its 37year mine life and construction is on schedule for commissioning in Q2 2008.

Meyer said he believed that another concentrate offtake agreement with Glencore’s Mufulira smelter in Zambia was not far off, as a large smelter would not ignore quality concentrate from a mine with a likely life of 37 years.

According to estimates Mufulira would be able to handle 100,000t of Lumwana’s concentrate.

Lumwana – still in the early stages of development – is making good progress and on track to start production in July 2008.

The mine with “proven and probable” reserves of 321 million tonnes of ore, grading at 0.73%, is situated to the west of the world-renowned copper belt in Zambia and fully owned by Equinox.

Meyer also highlighted the fact that there was significant uranium and copper exploration potential in Equinox’s “extensive land package” and said the company’s exploration team had both strength and depth.

“The potential for value creation on the uranium and copper exploration front is high and has yet to be reflected in the share price.”

The Lumwana concentrate sale and purchase agreement involves a take or pay contract with Chambishi Copper Smelter for 100,000 t of copper contained in concentrates annually for the first five years of production at Lumwana.

Chambishi will charge Lumwana copper treatment and refining charges to be based on global benchmark terms.

According to Equinox’s website, Lumwana is one of the largest fully permitted copper projects in the world currently under construction.

[Asynchronmaschine]

bagger, trucks, eine der größten mühlen der welt etc
alles bereits schon eingetroffen
erdarbeiten haben begonnen
bei dem kupferpreis kommen sie aus dem stand auf 1 mrd umsatz im jahr
da bleibt ordentlich was hängen




China imports record amount of refined copper



China imported a record 202,955 tons of refined copper in March, a surge of nearly 150 percent over March 2006, sources with the China Association of Nonferrous Metals Industry said on Saturday.

A total of 480,000 tons was imported in the first quarter, three times up on the same period in 2006.

China also imported 776,576 tons of unforged copper and copper products in the January-March period, up 58 percent from the year-earlier level.

The first quarter also saw imports of scrap copper inch up by four percent to 1.02 million tons. The total included 354,226 tons bought in March, up 29 percent.

Industry specialists say China's annual copper consumption will continue to grow at around 7.5 percent per year in the next few years to total 6.5 million tons, including five million tons of refined copper.

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http://equinoxminerals.com/development/lumwana-development-p…

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aktuelle präsentation

http://equinoxminerals.com/docs/Equinox_May07WebC.pdf

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How to (still) get rich in mining

ANDY HOFFMAN AND SINCLAIR STEWART

From Saturday's Globe and Mail

May 19, 2007 at 12:16 AM EDT

So you want to get ahead in mining? True, it might seem like you're late to the party. No doubt you watched, dismayed, as all those long-suffering investors of Falconbridge Ltd. and Inco Ltd. (yes, the same ones you thought were chumps) doubled their fortunes in the span of mere months, thanks to last year's instalment of the Great Canadian Mining Sale. You can't believe you sold your Alcan Inc. shares after the CEO said the company wasn't up for sale, only to see the stock catch fire following a hostile bid from Alcoa Inc. You've lost track of how many times you've heard that rich foreigners are gutting Corporate Canada, and that our precious natural resources are little more than chum for the sharks from Brazil, or the United States, or even Switzerland.

But what do these whimpering economic nationalists know about mining, anyway? Who cares if a few lumbering old companies disappear from the corporate landscape? The fact is, the nationalists didn't understand that the rules of the game have changed. In the brave new world of Canadian mining, it's not about the size of your rocks – it's how you use them.

This is, without a doubt, the greatest mining boom in a generation, with billions of dollars up for grabs. But the voracious interest in all things metal has spawned a subindustry of new tactics designed to attract investors and their money. The game these days is often less about pulling ore out of the ground than about creating wealth – for shareholders, certainly, but also for insiders who create the action. The latest edition of the aspiring mining mogul handbook could be called “Put Down that Shovel: An Insider's Guide to Mining.” Here's an excerpt.

1. Don't fall in love with the rocks

Ask a mining executive, and he'll tell you straight up: geology degrees are so 1970s. Remember, these days the business runs on financial engineering – not mining engineering. Sure, it helps to have a passing understanding of base metals and gems, but the crucial thing is a financial background.

Just take a look around. Frank Giustra, the mining promoter from Vancouver, is a former investment banker. Ian Telfer, the chairman of Goldcorp., is trained as an accountant. So is Greg Wilkins, Barrick Gold's chief executive officer, and Mick Davis, the man who built Xstrata PLC into a major force. Don Lindsay, the head of Teck Cominco Ltd., is a career investment banker. Ditto for CVRD boss Roger Agnelli, who out-duelled Mr. Lindsay to grab Inco, and Tye Burt, the head of Kinross Gold. Peter Marrone, the head of high-flier Yamana Gold? A former corporate lawyer turned investment banker.

Metallurgists and geologists, who are being shoved from the CEO chair by their smart-suited counterparts, have a fatal flaw, explained one industry type: “They fall in love with the rocks.” Translation? They get into cat fights over who has the better assets, instead of recognizing that in many cases, it isn't about the assets at all. It's about telling a good story and closing the deal.

2. Channel your Christopher Columbus

Exploring is a cinch. All you have to do is set up a company, wait for the markets to fall in love with a particular metal, and then tell the entire world you're hunting for it.

One word of caution, though — make sure not to look too carefully.

There's an old saw in the biz that “drill-holes ruin the story.” The moral? Try to avoid the so-called “truth machines” if you don't want to disappoint your investors. Don't scour your property unless you're really, really, sure you'll find something.

Just take a look around. More than 400 junior explorers have cropped up recently to take advantage of a frenzied worldwide demand for uranium. Never mind that only a fraction of these will survive, much less extract a motherlode of the radioactive yellow stuff – what matters is they can still raise money.

Same deal with molybdenum, that metal-of-the-moment whose name most explorers couldn't even pronounce a year ago. Today, it's at the centre of an exploration craze. Just remember what we said before: People like good stories, especially suspenseful ones. Keep them guessing.

3. A metal by any other name...

Not surprisingly, the biggest mining IPO in Canada last year was for a uranium company, First Uranium Inc. C But is it really a uranium player? According to company filings, First Uranium expects to receive more than 75 per cent of its revenues from gold once it starts production in a couple of years. Not that there's anything wrong with being a gold company – it just doesn't have the same pizzazz as uranium (at least not this year).

Just ask Trigon Exploration Canada Ltd., a diamond explorer that showed some savvy by rechristening itself Trigon Uranium. Presto! Its shares jumped almost sixfold last year, soaring from about 20 cents to $1.20. Coincidence? Perhaps.

There are still some throwbacks, though, like DRC Resources Corp. The company's flagship project has one billion pounds of copper, and far less gold – about a million ounces.

But that didn't stop DRC from changing its name to New Gold Inc. C in 2005. Gold companies tend to get better multiples than copper producers, and the rebranding effort certainly didn't hurt. New Gold's shares went on a tear following the name change, climbing from around $5 apiece to a high of $13.40 last year. Coincidence? You decide.

4. You are the market

You don't have to be an economist to figure out why metal prices have soared to record highs. This is supply and demand, right? China and India are placing orders for base metals faster than miners can dig them out of the ground, and prices are skyrocketing as a result.

For most people, the story ends here. Not for the smart money, though. Take uranium. Hedge funds and other financial players are further choking the supply chain by buying the metal and sitting on it for a while. (And you thought uranium was trading at $120 (U.S.) a pound just because of China?)

This isn't a bad strategy for an aspiring mining mogul, either. A new fund called Uranium Participation Corp. is snapping up concentrate, and in the process is helping the stock prices of industry players like Denison Mines Inc. (which happens to manage the fund, as well).

Still doubtful? Check out Sprott Molybdenum Participation Corp., a new fund that buys up the tongue-twisting metal as well as moly-related stocks.

Who are the hottest performers in the mining sector so far this year? Moly Mines (up more than 250 per cent), moly miner Thompson Creek Metals (up 70 per cent, and 515 per cent over the past 12 months), and moly/copper producer Mercator Minerals (up about 100 per cent).

5. Ask for advice:

There's nothing embarrassing about seeking out counsel – in fact, you should brag about it to everybody.

We know what you're thinking. In other industries, when a company hires a strategic adviser to explore its options, it takes great pains to keep things secret, since investors will assume that merger talks are afoot, and send the stock surging.

Thankfully, there aren't so many Nervous Nellies in the mining sector. Take Northern Peru Copper. It put out a press release this winter trumpeting that it had hired an adviser to “explore its options.” The stock went up. A week later, Northern Peru revealed its option: It wasn't merging – it was selling shares in the company (Alas, the financing was derailed, but you get the idea).

UraMin Inc. had better luck. In February it said it was hiring a financial adviser because of the frothy uranium market. Presto-chango, the stock went up 12 per cent that day. Within a week, the company announced it was selling $226-million worth of shares – a deal that was led by the same brokerage that acted as the strategic adviser. The only thing better than good advice is advice that comes this fast.

6. Do the asset shuffle:

Forget about all those team-first analogies, about how “1 plus 1 equals 3.” In mining, the whole is often worth less than the sum of its parts.

The problem is, when you're actually producing something, the market doesn't give you much credit for your exploration business. But it will give credit to a standalone junior explorer (remember those 400 uranium chasers?). If you're a mining executive, the solution is to spin off your exploration assets into a separate business – preferably at a decent price, since you're often acting as one of the buyers.

Have a look at B2Gold, which has interests in development projects in Colombia and Russia. The assets were owned by Bema Gold, which agreed to a takeover bid from Kinross Gold last year. Ex-Bema CEO Clive Johnson got to keep these development projects by paying Kinross $15-million (Canadian). Look for a B2Gold initial public offering in the fall, and let's just say it's a pretty good bet that the offering will raise a lot more than $15-million. That's fast money.

Yamana Gold, headed by Peter Marrone, has followed a similar path. It sold some property to a startup venture called Aura Resources, which counts Mr. Marrone as a director. Aura has also bought property from another company “related” to Mr. Marrone. And both Aura and Yamana share the same chairman, Vic Bradley.

Frank Giustra and Ian Telfer have perfected this move. They teamed up on Silver Wheaton, which was spun out of Wheaton River, and on Terrane Metals Corp. Their most recent project is Peak Gold Ltd., a company they created by buying a pair of mines from Goldcorp (where Mr. Telfer is chairman). These sorts of thumb's-length deals have long been a concern for investors in other sectors, but not so much in the mining world. It's just the way the business works.

7. The Shell Game

This is how you strike gold, without ever striking gold. The game itself is pretty simple: A mining promoter will buy a cheap “shell” company already listed on the stock exchange, gather some friends to help fund the acquisition, and then, some time down the road, load it up with mining assets (remember the shuffle?) and do another share offering. These deals can be very lucrative, especially if you're in a promoter's “circle of trust.” Being a banker is especially helpful.

Consider those who paid 5 cents a unit last year to buy into a shell company called Imperial PlasTech Inc. They included Mr. Giustra, along with several investment bankers and traders from three high-profile brokerages. For the latter group, it was a nice double-payday. When the mining promoters wanted to buy gold assets, stuff them into a shell and rename the company Peak Gold, who did they award the $326-million financing to? You guessed it – the same firms whose bankers and traders were invited to participate on the cheap.

This is all perfectly legal and publicly disclosed – but that doesn't mean everybody likes it.

“To be buying the cheap shares and then have the firm pushing the stock at a higher price to clients – that's not kosher,” says a banker at a firm that forbids the practice. One industry source referred to the move as “getting people pregnant,” and with Peak shares trading at around 80 cents apiece these days, that's quite a baby.

8. Get your director's diploma

One of the great perquisites of the mining business is being appointed to a company board – and the more friends you have (particularly in Vancouver), the better your chances. Consider UrAsia Energy. When the company recently agreed to a $3.8-billion takeover bid, its six directors were sitting on $4-million worth of stock options. Each. And they'd been on the board for less than two years. But the lucrative payday didn't stop there. Mr. Giustra, one of the directors, had also been given 6.2 million shares a year and a half ago – free. Director Ian Telfer, his good friend and business partner, got 2.2 million of his own, gratis. Gordon Keep, a colleague of Mr. Giustra's at Endeavour Financial (the company that collected $12-million advising UrAsia on the takeover), was awarded 525,000 free shares, while Robert Cross, a former brokerage colleague of Mr. Giustra's, was handed 500,000.

At some companies, the payday can be even quicker. The directors at Yamana Gold, for instance, didn't have to wait for a merger before they could cash out. In fact, they didn't have to wait for anything. Most stock options “vest” for a few years before directors or executives can cash out. Yet, in 2005, Yamana's directors were awarded stock options worth more than $1-million each, and they vested immediately. CEO Peter Marrone said at the time it was simply “a practice in the resource sector.” Not any more. Faced with criticism, the company stopped awarding options to directors.

9. Inspire a Letter Writer:

There's nothing better than having someone influential recommending your stock to retail investors. Take James Dines, the man behind The Dines Letter – a stock-picking report with a sizable following. Mr. Dines used to call himself “the original gold bug.” These days, he is the “original uranium bug,” and is touting a company called Mega Uranium Ltd. (as well as Pinetree Capital Ltd., which holds a big stake in Mega and shares the same chairman and CEO – Sheldon Inwentash). When the company revealed last year that regulators were investigating Mr. Inwentash for possible insider trading and stock manipulation, Pinetree shares plunged as much as 30 per cent. Enter Mr. Dines. He published a special edition of his newsletter, counselling readers to “back up the truck” and buy Pinetree shares. The stock rebounded, and finished the day up 4.2 per cent. Why does Mr. Dines like Mega Uranium and Pinetree so much? He didn't respond to requests for an interview, but he received 150,000 shares of a company called Maple Minerals Corp., in July 2005, for selling the rights to the name “Mega Uranium Ltd.” Maple Minerals of course, soon morphed into Mega Uranium and the share price has climbed from around $1 since Mr. Dines received his stock to over $6.

10. Move to Canada.

Please – enough whining about the supposed “hollowing out” of the Canadian mining sector. Sure, the old stalwarts like Inco and Falconbridge have disappeared and Alcan may be next. But what about the legion of foreign miners who are taking their place? Canada understands miners. Its markets offer them cheap access to capital, with none of that annoying “country risk” that comes with doing business in Africa or South America. The great thing is, foreign miners can take advantage of all this without ever having to endure our brutal winters.

Australia's Equinox Minerals, which is developing a big copper mine in Zambia, has already figured this out. Since arriving on the TSX, its shares have surged from around 50 cents to about $2.75.

Bankers know this too. The folks at BMO Nesbitt Burns Inc. pitched sxr Uranium One management on the move to North American markets a few years ago, correctly predicting the listing would give the South African company more visibility and a higher valuation. A couple of deals later, Uranium One is the second-largest uranium play on the TSX, with a market value over $5.5-billion.

Never mind that the CEO still lives in South Africa, or that the head of Equinox remains in Australia. This is common practice.

After Toronto-based LionOre Mining became the subject of a bidding war between a pair of foreign giants, the nickel miner took pains to explain it wasn't really Canadian after all. Its CEO, Colin Steyn, resides in London, and the Canadian work force consists of “five accountants,” according to one company insider.

So be careful about the hand-wringing when a “Canadian” company vanishes again; there's always another miner, foreign or otherwise, ready to take its place. And they've got a good chance of succeeding, as long as they know the tricks of the trade and investors continue to fall in love with the rocks.

[Asynchronmaschine]

3,05

und scheinbar kaum jemand dabei

[Asynchronmaschine]

[kfe1000]

Antwort auf Beitrag Nr.: 29.436.405 von Asynchronmaschine am 23.05.07 15:48:26

habe es leider zu spät gelesen

waren ja spottbillig im verhältnis zu den assets.

[Asynchronmaschine]

Uranium star masquerading as copper dotcom
Uranium's biggest secret may be a Zambian copper miner with big reserves of uranium effectively mined for free.
Author: Barry Sergeant
Posted: Thursday , 31 May 2007

JOHANNESBURG -

The spot price for uranium oxide has increased from $5 a pound in 2000 to around $125 a pound recently, and, as would be expected, every man and his dog is finding the stuff, even in bottles of beer. An array of new names have sprung into the investing world's limelight; it's no joke, trying to sort out the potential winners and losers.

The good news, surprising as it may be, is that one of the best bets in the uranium universe turns out to be a "dot.com" (offering outstanding upside potential) masquerading, as one London sales-trader puts it, as a Zambian copper digger.

The stock, Equinox Minerals (TSX: EQN.TO, C$3.24 a share, market capitalisation, C$1.8bn) ranks as a front line emerging market copper company, along with the likes of Anvil, Tenke, Aur Resources, Frontera Copper, First Quantum, and Quadra Mining (all listed in Toronto).

These stocks are ranked as mid-tier copper producers; a close peer group, ranked as copper producers or near-term producers, includes the likes of African Copper (listed in London), Chariot Resources (Toronto), Corriente Resources (Toronto) Monterrico Metals (London), Peru Copper (Toronto), Katanga Mining (Toronto) and Nikanor (London).

Equinox aims to produce an annualised 200,000 tons of copper a year by this time next year. Current price levels for the stock suggest a long-term copper price assumption of around $1.65 a pound, just more than half the current spot copper price. The sweet part of this story is that Equinox's uranium resource is essentially for free. The figures start with Equinox owning around 20m pounds of uranium, sitting within its Zambian copper ore bodies.

The uranium leg of the operation could be in business by 2010 for a capital cost of around $200m, and a fair-guess operating cost of less than $20 a pound. Using current spot uranium prices of around $125 a pound, and annual Equinox production of 1.5m pounds or uranium, "Equinox Uranium Corporation" would generate cash flows of some $150m a year.

Uranium producers such as Cameco and Energy Resources Australia trade on actual cash flow multiples of ten times and more. A couple of multiplications, and it can be argued that Equinox's entire market capitalisation of C$1.8bn can be justified on its potential uranium production. For those investors still bullish on copper, Equinox's projected annualised production of that metal would produce cash flow of close to $1bn over 12 months, given current spot copper prices.

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Standard & Poor's Canadian Index Operations
announces the following constituents for the new S&P/TSX Global Mining Index.
These additions are pursuant to the index methodology. The creation of the
index will be effective at the open on Tuesday, June 12, 2007.

EQN ist dabei

[Asynchronmaschine]

TORONTO, June 8 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following constituents for the new S&P/TSX Global Mining Index.
These additions are pursuant to the index methodology. The creation of the
index will be effective at the open on Tuesday, June 12, 2007.

Issue Name Symbol Exchange
------------ -------- ----------
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Aber Diamond Corporation ABZ TSX
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Agnico-Eagle Mines AEM TSX
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Alamos Gold Inc. AGI TSX
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Alcan Inc. AL TSX
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Alcoa Inc AA NYSE
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Alpha Natural Resources ANR NYSE
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Alumina Ltd. (ADS) AWC NYSE
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Aluminum Corp. of China Ltd. (ADS) ACH NYSE
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AMCOL International Corp ACO NYSE
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Anatolia Minerals Development Limited ANO TSX
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Anglo American PLC (ADS) AAUK NASDAQ
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AngloGold Ashanti Ltd. (ADS) AU NYSE
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Anvil Mining Limited AVM TSX
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Arch Coal ACI NYSE
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Aur Resources Inc. AUR TSX
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Aurizon Mines Ltd. J ARZ TSX
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Aurora Energy Resources Inc AXU TSX
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Barrick Gold Corporation ABX TSX
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BHP Billiton Ltd. (ADS) BHP NYSE
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BHP Billiton PLC (ADS) BBL NYSE
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Breakwater Resources Ltd. BWR TSX
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Brush Engineered Materials Inc BW NYSE
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Cameco Corporation CCO TSX
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Centerra Gold Inc. CG TSX
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Century Aluminum Co CENX NASDAQ
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Coalcorp Mining Inc CCJ TSX
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Coeur d'Alene Mines Corp CDE NYSE
-------------------------------------------------------------------------
Compania de Minas Buenaventura S.A. (ADS) BVN NYSE
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Compass Minerals Intl CMP NYSE
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Consol Energy Inc CNX NYSE
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Crystallex International Corp. KRY TSX
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CVRD RIO NYSE
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Denison Mines Corp. DML TSX
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DRDGold Ltd. (ADS) DROOY NASDAQ
-------------------------------------------------------------------------
Dynatec Corporation DY TSX
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Eastern Platinum Limited ELR TSX
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Eldorado Gold Corporation ELD TSX
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Equinox Minerals Limited EQN TSX
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First Quantum Minerals Ltd. FM TSX
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FNX Mining Company Inc. FNX TSX
-------------------------------------------------------------------------
Fording Canadian Coal Trust FDG.UN TSX
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Foundation Coal Holdings FCL NYSE
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Freeport McMoRan Copper & Gold FCX NYSE
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Fronteer Development Group Inc. FRG TSX
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Frontera Copper Corporation FCC TSX
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Gabriel Resources Limited GBU TSX
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Gammon Lake Resources Inc. GAM TSX
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Gold Eagle Mines Ltd. GEA TSX
-------------------------------------------------------------------------
Gold Fields Ltd. (ADS) GFI NYSE
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Gold Reserve Inc. GRZ TSX
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Goldcorp Inc. G TSX
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Golden Star Resources Ltd. GSC TSX
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Great Basin Gold Inc. GBG TSX
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Guyana Goldfields Inc GUY TSX
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Harmony Gold Mining Co. Ltd. (ADS) HMY NYSE
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Hecla Mining Co HL NYSE
-------------------------------------------------------------------------
High River Gold Mines Ltd. J HRG TSX
-------------------------------------------------------------------------
HudBay Minerals Inc. HBM TSX
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Iamgold Corporation IMG TSX
-------------------------------------------------------------------------
Inmet Mining Corporation IMN TSX
-------------------------------------------------------------------------
International Coal Group Inc ICO NYSE
-------------------------------------------------------------------------
International Royalty Corporation IRC TSX
-------------------------------------------------------------------------
Ivanhoe Mines Limited IVN TSX
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Jaguar Mining Inc JAG TSX
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Kinross Gold Corporation K TSX
-------------------------------------------------------------------------
Kirkland Lake Gold Inc KGI TSX
-------------------------------------------------------------------------
Lihir Gold Ltd. (ADS) LIHR NASDAQ
-------------------------------------------------------------------------
Lionore Mining International Ltd. LIM TSX
-------------------------------------------------------------------------
Lundin Mining Corporation LUN TSX
-------------------------------------------------------------------------
Major Drilling Group International Inc. MDI TSX
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Massey Energy Co MEE NYSE
-------------------------------------------------------------------------
Mechel AOA (ADS) MTL NYSE
-------------------------------------------------------------------------
Mercator Minerals Ltd. ML TSX
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Meridian Gold Inc. MNG TSX
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Metallica Resources Inc. MR TSX
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Minefinders Corporation Ltd MFL TSX
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Miramar Mining Corporation MAE TSX
-------------------------------------------------------------------------
Newmont Mining Corp NEM NYSE
-------------------------------------------------------------------------
Northern Orion Resources Inc. NNO TSX
-------------------------------------------------------------------------
Northgate Minerals Corporation NGX TSX
-------------------------------------------------------------------------
NovaGold Resources Inc. NG TSX
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Pan American Silver Corp. PAA TSX
-------------------------------------------------------------------------
Peabody Energy Corp BTU NYSE
-------------------------------------------------------------------------
Quadra Mining Ltd QUA TSX
-------------------------------------------------------------------------
Randgold Resources Ltd. (ADS) GOLD NASDAQ
-------------------------------------------------------------------------
Red Back Mining Inc RBI TSX
-------------------------------------------------------------------------
Rio Narcea Gold Mines Ltd RNG TSX
-------------------------------------------------------------------------
Rio Tinto PLC (ADS) RTP NYSE
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Royal Gold Inc RGLD NASDAQ
-------------------------------------------------------------------------
RTI International Metals Inc RTI NYSE
-------------------------------------------------------------------------
Sherritt International Corporation S TSX
-------------------------------------------------------------------------
Shore Gold Inc. SGF TSX
-------------------------------------------------------------------------
Silver Standard Resources Inc. SSO TSX
-------------------------------------------------------------------------
Silver Wheaton Corp. SLW TSX
-------------------------------------------------------------------------
Silvercorp Metals Inc. SVM TSX
-------------------------------------------------------------------------
Skye Resources Inc. SKR TSX
-------------------------------------------------------------------------
Stillwater Mining Co SWC NYSE
-------------------------------------------------------------------------
sxr Uranium One Inc. SXR TSX
-------------------------------------------------------------------------
Teck Cominco Ltd. TCK.B TSX
-------------------------------------------------------------------------
Tenke Mining Corp. TNK TSX
-------------------------------------------------------------------------
Thompson Creek Metals Company Inc. TCM TSX
-------------------------------------------------------------------------
Titanium Metals Corp TIE NYSE
-------------------------------------------------------------------------
UEX Corporation UEX TSX
-------------------------------------------------------------------------
UR-Energy Inc. URE TSX
-------------------------------------------------------------------------
USEC Inc USU NYSE
-------------------------------------------------------------------------
Yamana Gold Inc. YRI TSX
-------------------------------------------------------------------------
Yanzhou Coal Mining Co. Ltd. (ADS) YZC NYSE

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news
http://www.equinoxminerals.com/files/document/288_Kababisa_K…

[Asynchronmaschine]

Government to construct a railway line from Chingola to Lumwana soon
June 10, 2007

Government has diclosed that it will soon construct a railway line from Chingola to Lumwana mine in Solwezi. Comunications and transport minister Sarah Sayifawanda says the railway transport is
more effective and easier to maintain than roads Ms. Sayifwanda also disclosed that construction of the Chipata/Mchinji railway in
Eastern province will soon be completed. Ms. Sayifwanda said this in Solwezi when she paid a courtesy call on Lumwana mine
management to assure them on government’s commitment to the construction of the railway line following appeals by investors in the area. She called on other investors to invest in North Western province because the region has vast potential in mining, agriculture and tourism sectors. Ms. Sayifwanda says government stands ready to work with investors who have shown
interest to invest in North Western province. She commended Lumwana mining company for investing and exploring the rich mineral deposits in the region. She further warned investors aganist abrogating the labour laws but to adhere to the
laid down proceedures enforced by government. And Lumwana mine managing directory Harry Michael bemoaned the poor road network in
North Western province saying the mining firm is finding it difficult to transport heavy duty equipment to the mines.
Mr. Michael said a good road network is vital to accelerating development in the area. He said his company has secured a US$584 million loan for investment in mining exploration in the province.

[Asynchronmaschine]

4,05 AUS Dollar

[cyberwilly]

Ich denke mal, an Kupfer führt auf Jahre
hinaus kein Weg vorbei.


15.06.2007 - 12:20 Uhr
Indien könnte zum Nettoimporteur von Kupfer werden

MUMBAI (Dow Jones)--Indien könnte sich in den kommenden drei bis fünf Jahren zum Nettoimporteur von Kupfer wandeln. Diese Ansicht äußerte ein Industriemanager unter Verweis auf die steigende Nachfrage bei einer zugleich nur langsam steigenden inländischen Produktion. "Augenblicklich verbraucht Indien 0,5 Mio t Kupfer jährlich, produziert aber 1 Mio t, so dass ein Überschuss von 0,5 Mio t für den den Export verbleibt", sagte Kishore Kumar, CEO von Sterlite Industries Ltd. Die Versorgungslage werde sich in den nächsten Jahren aber umkehren, da die inländische Produktion nicht mit der steigenden lokalen Kupfernachfrage Schritt halten könne. Sterlite Industries Ltd ist einer der führenden indischen Kupferproduzenten. Kumar erwartet eine Verdoppelung des indischen Kupferbedarfs binnen drei bis fünf Jahren, wozu insbesondere die Energie- und Bauindustrie beitragen werde.
Werbung
2006 lag die weltweite Kupfernachfrage nach Angaben der International Copper Association bei 23 Mio t, wobei die Nachfrage stabil um 3% bis 4% jährlich wachse. Die Organisation erwartet 2007 einen anhaltend knappen Markt, wobei Schwellenländer wie China und Indien für das Gros des Bedarfswachstums verantwortlich seien. DJG/DJN/tow/15.5.2007

[Asynchronmaschine]

3,6

[Asynchronmaschine]

3,59
bald
fällt die
4

[Punicamelon]

Kupfer-Bullenmarkt 2 von Goldseiten

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[Asynchronmaschine]

minenaufbau -mai bilder
http://equinoxminerals.com/development/lumwana-development-p…

[Asynchronmaschine]

NEWS

http://www.kitco.com/pr/1872/article_06252007170407.pdf

[Asynchronmaschine]

Late-stage copper plays could be takeover targets
If gold resources trade at roughly 10% of the price of gold itself, then Blackmont Capital thinks copper should too. Borrowing this rule of thumb from the gold sector, copper resources should be worth roughly US15¢ per pound, based on the firm’s long-term (2012 and beyond) price target of US$1.50.
So if copper resources at development projects are valued at only US9¢ per pound (before capital costs), Blackmont thinks senior producers have an opportunity in advanced-stage large copper and molybdenum deposits. After all, they have the cash and expertise to make these acquisitions, analyst George Topping said in a report.
He has initiated coverage on six copper companies that could stand to gain in this environment.
....
Mr. Topping also pointed to Equinox Minerals Ltd. (EQN/TSX), which operates in Zambia, where copper, cobalt and uranium targets have been identified. He considers its Lumwana project one of the most advanced large-scale projects in the world.

[Asynchronmaschine]

Peter Tomsett Appointed as Non-Executive Chairman of Equinox
Equinox Minerals Limited (TSX and ASX symbol: “EQN”) is pleased to announce that Peter Tomsett has been appointed to its Board of Directors effective July 1, 2007. Mr Tomsett has also accepted the appointment of Non-Executive Chairman and will be a member of the Audit Committee, Compensation Committee and the Corporate Governance and Nominating Committees. Mr Tomsett replaces acting Non-Executive Chairman Brian Penny, who will remain as a Non-Executive Director.
Mr Tomsett has over 25 years of experience in the mining industry, including 20 years with Placer Dome Inc. (“Placer”). Most recently, he served as President and Chief Executive Officer of Placer until its acquisition by Barrick Gold in January 2006. After starting his career with CRA Ltd. at Broken Hill, Mr Tomsett joined Placer in 1986 in the Project Development group and subsequently held senior executive roles including responsibility for Placer’s Asia Pacific region as Executive Vice-President and later also took on responsibility for Placer Dome Africa, which operated mines in South Africa and Tanzania. He was appointed as President and Chief Executive Officer of Placer in September 2004.
Mr Tomsett graduated with a Bachelor of Engineering (1st Class Honours) in Mining Engineering from the University of New South Wales, later attaining a Master of Science (Distinction) in Mineral Production Management from Imperial College, London. He has been a director of the World Gold Council and the International Council for Mining and Metals. Mr Tomsett is currently a director of North American Energy Partners Inc. and Silver Standard Resources Inc.
In conjunction with Mr Tomsett’s appointment the Company has offered him a once off commencement allocation of 1 million stock options to acquire Equinox shares at an exercise price equal to the five day volume weighted average price of shares traded on the TSX prior to his engagement.
Equinox President and Chief Executive Officer, Mr Craig Williams said of Mr Tomsett’s appointment, “I am delighted that Peter has agreed to join our Board of Directors as Non-Executive Chairman. Peter’s extensive industry experience and exposure in North America, Africa and Australia will bring a wealth of expertise to the Board and to Equinox as we continue to develop the Lumwana Project in Zambia, scheduled for commissioning in Q2-2008.”
Lumwana, owned 100% by Equinox, is located in the North Western Province of the Republic of Zambia. It is anticipated that the Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37 year mine life.

[Asynchronmaschine]

kanada am montag zu!!!
feiertag

[Punicamelon]

Antwort auf Beitrag Nr.: 30.409.135 von Asynchronmaschine am 30.06.07 18:05:29

Bist Du sicher?

http://www.performclub.com/Help/?do=922

[Asynchronmaschine]

ganz sicher
http://www.tsx.com/en/market_activity/market_hours.html

[turbozertifikat]

News, zwar schon ein paar Tage alt aber lesenswert, habs bei Stockhouse gefunden....

http://www.stockhouse.com/bullboards/viewmessage.asp?no=1517…

Equinox Secures US$45 Million Contingent Funding Credit Facility for Lumwana
10:30 EDT Friday, June 29, 2007
TORONTO, ONTARIO--(CCNMatthews - June 29, 2007) -
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the "Corporation") is pleased to report that it has signed a US$45,000,000 Contingent Funding Letter of Credit Facility Agreement ("Contingent Funding") with Standard Chartered Bank to provide for contingency funding obligations as required under the Lumwana Project Debt Facility as previously announced (see press release December 01, 2006).

The US$45 million Contingent Funding will be available to the Corporation in US$9 million tranches, but will only be drawn should cost overruns or other contingent funding obligations occur at the Lumwana Project ("Lumwana"). The Contingent Funding can also be utilised for general corporate purposes should funds remain under the facility post project completion. Equinox is paying Standard Chartered arranging and commitment fees on the facility and in the event of drawdown of a tranche, will issue Equinox Common Shares to Standard Chartered at that time at a discount of 6.75% to the volume weighted average trading price of Equinox's shares on the Toronto Stock Exchange over the 5 trading days preceding the drawdown, in satisfaction of Equinox's repayment obligations.

Commenting, Craig Williams, Equinox President and CEO said, "This innovative and flexible solution to the equity support obligations of Equinox has been developed by Standard Chartered Bank, who is also a lead arranger for the project financing of Lumwana. The structure allows Equinox to meet one of its key obligations under the project financing agreements; at the same time, it meets Equinox's criteria of limiting an additional call on shareholder capital, thereby limiting upfront shareholder-dilution for meeting what are contingent funding obligations. We continue to work through the ever decreasing outstanding Conditions Precedent and anticipate drawdown during Q3 2007".

Situated to the west of the world renowned Copperbelt in Zambia, Equinox owns 100% of Lumwana. The Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37 year mine life. Construction remains on schedule for commissioning in Q2 2008.

Gruss an die Investierten....

[FunKyStufF]

nach dem Canada Day gestern heute neues ATH bei 3,62 CAD !

--> El Nino Ventures - Kupfer in DRC - WKN: 880771

[Asynchronmaschine]

ziel
10 can dollar + x

[Asynchronmaschine]

in australien + 3,5%
= 2,64 euro

[Asynchronmaschine]

weil es schon ist

[Asynchronmaschine]

Little let-up for commodities as China powers ahead
BEIJING (Reuters) - China is a long way from satisfying the voracious appetite that has powered a five-year global bull market in commodities from iron ore to soybeans. With the main commodity futures indexes well below last year's highs, efforts by China to reduce its reliance on imported raw materials have encouraged those skeptics who scoff at talk that a long super-cycle in commodities is now well-entrenched. But most analysts see things differently. They say it's no accident that China has accounted for over 60 percent of the increase in world demand for many commodities in recent years. China is undergoing the greatest migration from the land to the cities the world has seen, generating demand for steel to build skyscrapers and cars and for copper to carry electricity.
And the new armies of urban industrial workers, their ranks swelling by about 10 million a year, are spending more of their higher wages on meat, underpinning the price of grains. "Most commodities in China still look extremely bullish and China's influence looks fairly positive," said Adam Rowley, a commodities analyst with Macquarie Bank in London. "On trend, we would see China as an unstoppable force in these markets." China's economy is likely to grow by 10.9 percent this year, marking the fifth straight year of double-digit expansion, a top government think-tank said on Wednesday. The last time the economy grew faster was in 1994. To support growth, China in 2006 added electricity-generating capacity that was almost as much as France's existing capacity. Yet, befitting a developing country, China's consumption of commodities is still low. It uses less than 2 kg (4.41 lb) of aluminum per person a year, compared with 12-14 kg in Japan and North America. "As long as you have growth continuing at the rate it is now, and the industrialization in China, I don't see the demand for metals coming off at all," said Helen Henton, head of commodities research at Standard Chartered Bank in London.
SUPPLY RESPONSE
Still, at the margin, China's response to fast-rising prices has started to weigh on some commodity prices, analysts say. For instance, substitution with cheaper raw materials has slowed Chinese demand for copper and nickel. Rowley also noted that Chinese companies boosted alumina production by around 54 percent last year, helping to drive down the spot price from a record $650 a tonne in the first quarter of 2006 to around $350 now. Malcolm Southwood of Goldman Sachs JBWere said that while China's demand will buoy many commodities, it could expand its output of others sufficiently by 2009 to darken their price outlook. In a note to clients, Southwood said alumina, stainless steel, steel products and nickel could fall into this category. Increased efficiency in processing commodities could also dampen demand, experts say.
On the energy front, China's dependence on imported oil will continue to grow even if Beijing introduces a fuel tax and raises fuel efficiency standards for vehicles, said Yang Fuqiang, head of the China office of the U.S.-based Energy Foundation. Foreign oil may account for 55 percent of total consumption by 2010 and 65 percent by 2020, Jiang Xinmin, a researcher at the Energy Research Institute, a government think-tank, said on Saturday. China now imports about 46 percent of its oil. As stockpiles of key grains drop, China could also become a significant net importer of agricultural products, analysts say.
POLICY SHIFTS
Furthermore, recent shifts in government policy should also prop up a number of commodities. Export taxes imposed on certain metals to cap output of low value-added goods that create a lot of pollution will slow production of aluminum and ferro-alloy in particular, said Michael Komesaroff of Urandaline Investments. "That will be supportive of prices. Demand will be strong, but China will start initially to be balanced and will then resort more and more to the world economy," he said. In weighing up China's importance for global commodities, a comparison with fast-growing India, which also has a population of more than 1 billion, is instructive. Both could use about 10 percent more copper this year, Southwood of Goldman Sachs JBWere said. While that would boost Indian demand by 35,000 tonnes, China's consumption would soar 400,000 tonnes, he said. Jim Rogers, a noted fan of commodities who helped found the Quantum Fund with George Soros, said that, short of a bird flu epidemic, rising demand in China and the rest of Asia was bound to prop up many commodities even if there was a U.S. recession. "We're in a bull market for commodities," Rogers said from Singapore. "This bull market has a long way to go."

[FunKyStufF]

Eröffnung in Kanada zu 3,73 CAD !!!

denke, wir werden spätestens übernächste Woche die 4,00 CAD sehen...

[Punicamelon]

Hat Jemand einen Realtime Chart aus Kanada zur Hand?

[Asynchronmaschine]

3,99

[FunKyStufF]

Raymond James has tweaked its short-term forecasts for base metals prices but raised the long-term view by about 25 per cent to back up its bullish outlook.
“We subscribe to the idea that we are now on the other side of a steep change in capital and operating cost inflation, and believe it is appropriate to use a much more realistic price outlook, hence the need for changes at this time,” writes analyst Tom Meyer, adding that his metal price and operating cost assumptions are “realistic, but conservative.”
Running through the sector, he suggests that First Quantum Minerals Ltd., Equinox Minerals Ltd., Chariot Resources Ltd., and Frontera Copper Corp. be core holdings in a diversified portfolio.
Elsewhere, he raised the target price on Quadra Mining Ltd. to $25 from $17; First Quantum, to $150 from $105; Equinox, to $5 from $4; Chariot, to $1.60 from $1.30 and Inmet Mining Corp. to $115 from $85.
He also upgraded International Royalty Corp. to “strong buy” from “outperform” and New Gold Inc. to “market perform” from “underperform,” with the price target down to $7.50 from $8.

http://www.theglobeandmail.com/blogs/markets

[Asynchronmaschine]

neue fotos auf der hp

[Asynchronmaschine]

in australien nur
+ 0,42 auf 4,65

[Asynchronmaschine]

kurse hier in deutschland richten sich immer
nach kanada schluss
australische veränderungen zählen nicht

[Asynchronmaschine]

Raymond James raised its targets on Equinox Minerals Ltd. (EQN.T)
to
C$5,
respectively, from C$4,
reflecting changes to its metal-price outlook.

[Asynchronmaschine]

4,09
China's Unwrought Copper and Copper Product Imports Up 52%
By David Harman
10 Jul 2007 at 10:06 AM GMT-04:00
SHANGHAI (Interfax-China) -- China imported a total of 1.514 million tonnes of unwrought copper (including copper anode, copper cathode and copper alloy) and copper products in the first half of this year, expanding 52.3% from the same period last year, according to preliminary statistics released by the General Administration of Customs today.
However, specific figures for June imports have not yet been issued by the GAC.
According to previously released statistics, China imported 1,301,776 tonnes of unwrought copper and copper products in the first five months of this year, climbing 58.5% year-on-year. When compared to first half import volumes, unwrought copper and copper product imports for June can be calculated at approximately 212,224 tonnes, dipping 3.78% from 220,561 tonnes in May.
China's trade surplus climbed to a new monthly record in June this year, amounting to $26.91 billion, according to GAC statistics.
The record trade surplus in June came just after the government announced an adjusted export tax rebate policy as of July 1. The adjustment affects 2,831 Chinese export items and is designed to cap the soaring growth in exports and rein-in the ballooning trade surplus.
China's aggregate turnover amounted to $980.93 billion in the January to June period, while the trade surplus amounted to $112.53 billion.
China exported 273,701 tonnes of unwrought aluminium (primary aluminium and aluminium alloy) in the first half of this year, plummeting 56.2% from the same period last year, according to preliminary statistics released by the General Administration of Customs today.
Unwrought aluminium exports in June amounted to 35,275 tonnes, down 23.62% from 46,181 tonnes in May.
The export reduction was mainly due to the Chinese government's policy that has seen the increase of the export tax on primary aluminium from 5% to 15% since Nov. 1, 2006, in an aim to cool down investment in the aluminium industry, as well as alleviate pressure from the ballooning trade surplus.
Shanghai Futures Exchange (SHFE) copper futures finished fractionally lower on Tuesday, while the LME's three-month copper gained $150 to $7,990 per tonne overnight.
China's unwrought copper and copper product imports surged 52.3% in the first half of the year to 1.514 million tonnes. June imports were approximately 212,224 tonnes, down 3.78% from May.
"The copper and copper product import figures for June were far higher than the market expected, which could be the main factor pulling down copper futures. Refined copper imports last month were considered unprofitable, as domestic copper prices remained weaker than international prices," Lu Zhenming, an analyst with Dongya Futures, said.
The most traded September copper contract closed at RMB 66,410 ($8,756.02) per tonne today, down RMB 80 ($10.55).
Shanghai aluminium futures settled lower on Tuesday, with the most active September contract falling RMB 70 ($9.23) to RMB 19,590 ($2,582.90) per tonne.
The central government is considering the cancellation of import taxes on primary aluminium, currently at 5%, an industry official told Interfax today.
The possible policy move would not impact the domestic market, since the country still relies on exports of primary aluminium to overcome its domestic surplus, the official said.
Commentary
Copper imports are definitely declining, and June's figures will confirm whether or not this is a continuing trend.
We have suggested in recent commentary that export policies aimed at slowing down trade would be unlikely to stem the flow. This appears to be the case as trade and surplus show little sign of abatement.

[Asynchronmaschine]

Copper names that may be takeover targets get boost

Merger and acquisition activity in the copper sector has led Blackmont Capital analyst George Topping to raise his price targets on several names.

His expectations for shares of Katanga Mining Ltd. (KAT/TSX), the target of Monday’s all-share takeover bid from London-listed Camec, moved to $25.35 from $20.30 per share, while his recommendation was upgraded to “speculative buy” from “hold.”

However, Mr. Topping noted that the large holding of insider shareholders could lead to a somewhat disappointing takeover price.

His price target for Chariot Resources Ltd. (CHD/TSX) was hiked to $1.75 from $1.45.

As part of its takeover of Rio Narcea Gold Mines Ltd. (RNG/TSX), Lundin Mining Ltd. (LUN/TSX) will get a 20% stake in Chariot. It is currently developing the 70%-owned Marcona copper property in Peru.

Equinox Minerals Ltd. (EQN/TSX) moves to $5.25 from $4.05 per share. It’s 100% owned Lumwana copper project in Zambia is considered a world-class asset and makes it a possible takeover target.

Augusta Resources (AZC/TSX) got a boost to $4.60 from $4.20 per share and Mr. Topping expects it will receive its permit for the Rosemont copper project in Arizona around the middle of 2008.

His target for Teal Exploration & Mining (TL/TSX) remained unchanged at $9.75 due to the 65% stake held by African Rainbow Minerals, but copper and molybdenum play Mercator Minerals Ltd. (ML/TSX) got a boost to $12.50 from $11.35 per share.

[Asynchronmaschine]

In Australien ATH
4,79

[Asynchronmaschine]

Takeover fever makes copper cool
$1.6-billion bid for Katanga the latest move in trend transforming mundane metal into hot commodity
ANDY HOFFMAN

From Tuesday's Globe and Mail

July 10, 2007 at 6:32 AM EDT

It doesn't have the exotic quality that recently pushed nickel, uranium and molybdenum to record highs, but plain old copper is suddenly the mining market's hottest commodity thanks to a sudden spate of takeovers inspired by an increasingly common belief that prices for the mundane metal will stay stronger for longer.

Last week, Canadian integrated mining giant Teck Cominco Ltd. offered $4.1-billion in cash and stock for copper pure-play Aur Resources Inc. to shore up its current production and fuel future growth, heralding what some industry experts are calling an "unprecedented" high valuation for a copper company.

Yesterday, Katanga Mining Ltd., a TSX-listed company developing a copper mine in the Democratic Republic of Congo, was hit with an unsolicited takeover bid valuing the company founded and headed by Canadian Arthur Ditto at more than $1.6-billion. The all-stock offer, planned by London's Central African Mining & Exploration Co., is expected to draw rival bids.

Now the market is revisiting price targets for the remaining copper companies. Desjardins Securities upgraded Africa-focused First Quantum Minerals Ltd., yesterday from a hold to a buy and increased the stock target by more than $33, from $86.50 to $120 a share.

"Anything copper-related is really starting to rock and roll," analyst John Hughes, said in an interview. Mr. Hughes said the upgrade reflects a belief that consolidation for copper producers will continue, and a willingness demonstrated by Teck in the Aur deal, that big miners will "pay up" for known reserves.

"Ultimately, we think First Quantum, and other small companies with known resources are the next target group," he said.

Other potential takeover candidates include mid-size copper plays Corriente Resources Inc., Equinox Minerals Ltd., Inmet Mining Corp. and Quadra Mining Ltd., Mr. Hughes said. Larger integrated miners with copper assets, such as HudBay Minerals Inc. and Lundin Mining Corp., are also likely to benefit from higher copper valuations, according to the Desjardins analyst. HudBay shares gained 23 per cent last week following the Aur deal.

Teck Cominco chief executive officer Don Lindsay doesn't think he's overpaying for Aur. He pointed out that annual production from Aur's assets in Chile will double in a few years from the current 200-million pounds.

"It is a full price. But it wasn't going to be available unless you paid for it. We're paying for the growth in the company," he said in a recent interview.

Some analysts have said Teck's bid is too generous, but Mr. Lindsay believes the deal will be immediately accretive to cash flow and will be either slightly accretive or neutral to profit.

"There are immediate cash-on-cash returns because the mines are in operation, the copper price is high and there is a lot of cash in the company," Mr. Lindsay said.

UBS Securities analysts recently said that growth is a major motivator for copper acquisition activity. "Growth in copper is scarce and new project development timelines are increasing. Consequently, we believe growth is being valued at a premium by potential suitors," a UBS analysts said in a note to clients.

Various labour disruptions and low inventories on the London Metal Exchange helped copper prices break through $8,000 (U.S.) a tonne yesterday, for the first time since early May. Prices have gained more than 10 per cent since the end of last month. LME inventories fell to just over 102,000 tonnes - a little more than two days of global consumption and the lowest level since last August.

The price of copper has increased more than fourfold over the past four years on surging demand from China and other fast-growing economies in developing countries.

China imports roughly 100,000 tonnes of refined copper each month and miners are racing to bring more mines into production, including many in challenging locations such as Central Africa.

However, amid a boom in global metal prices, copper has, at times, taken a back seat to various "metals of the moment." Nickel producers, including Canada's Inco, Falconbridge and LionOre, whose product is used primarily in stainless steel production, have been the subject of a series of heated takeover battles.

Soaring spot prices for uranium, which is used to make fuel for nuclear reactors, have inspired hundreds of junior exploration companies to search for the radioactive metal. Even specialized metals such as cobalt and molybdenum have taken turns as hot commodities.

Yet Mr. Hughes said run of the mill copper, used in wiring, plumbing and building materials, can't be easily displaced.

"I think copper to some degree had been forgotten about. Copper remains the flagship metal on the London Metal Exchange and the [diversity of] end-use applications is one of the key features," he said.

[Asynchronmaschine]

Equinox Minerals Nears Debt Drawdown Time

By Sarah Belfield
11 Jul 2007 at 12:00 PM GMT-04:00
Emerging copper producer Equinox Minerals [ASX:EQN; TSX:EQN] has put a final touch on financing for its 100%-held Lumwana copper project in Zambia by securing a credit facility for contingent costs.

Equinox said the $45 million facility would only be used if cost overruns or other contingent obligations were encountered at the $847 million project, where mine commissioning was anticipated to take place in around the middle of calendar 2008.

The company also said that if any funds were left once project construction was complete, they could be used for general corporate-related purposes.

The Standard Chartered Bank, also a lead arranger for Lumwana financing, was providing the facility and was receiving arranging and commitment fees for it.

If Equinox draws upon the funds, it will issue the bank with common shares in Equinox at a 6.75% discount to their 5-day volume-weighted TSX price.

Equinox President and CEO Craig Williams described the arrangement as "innovative and flexible". He told the market the facility met an important financing agreement obligation while meeting the company's policy of limiting additional calls on shareholder-based capital.

Meantime, construction continues at Lumwana. Overburden stripping began in April.

The project's pre-production capex was estimated to be $511 million. The total capex, which included the pre-production mining fleet, exploration and contingencies, along with deferred capex, came in at $847 million.

Lumwana's anticipated mine life is 37 years, with the first six years involving the goal of an average annual production of 169,000 tonnes of copper metal in concentrate.

Proved and probable reserves across the project's Malundwe and Chimiwungo deposits totalled to 321.3 million tonnes grading 0.73% copper. The inferred resource for the two deposits came to a further 417.2 million tonnes at 0.6% copper.

Debt Facility Drawdown Nears

A US$584 million debt facility, covering Lumwana development and construction, was signed in December and involves a group of lenders from Europe, Africa and Australia. The group included commercial banks, export credit agencies and development agencies.

Drawdown would be sought once Equinox exhausted the equity component to Lumwana financing.

Of the total debt facility, around $50 million was subordinated debt from the European Investment Bank and so these funds would be the next cab in the rank for use by Equinox, according to Williams. The rest of the facility, the senior debt, would kick in after that.

The timing of first debt drawdown would be sometime this quarter, Williams said.

"We have a number of conditions precedent that we have to satisfy before they allow a drawdown."

He said the most important condition for debt facility drawdown was that at least 80% of the first five years of anticipated production be covered by offtake agreements with smelters.

Going more than halfway to meeting that condition is a five-year offtake agreement struck in February to supply the Zambian-based Chambishi copper smelter, a joint venture between China Nonferrous Metal Mining and Yunnan Copper Industry. Each year, Equinox will be supplying the smelter with 100,000 tonnes of copper in concentrate, which amounts to around 230,000 tonnes of concentrate.

Williams said there were two other big smelters in Zambia, one owned by private commodities supplier Glencore and the other by London-listed mining group Vedanta Resources.

"We're talking with both of those. Chances are we'll do a deal with one or the other. We are also talking to offshore smelters and smelters elsewhere in southern Africa."

However, a deal with a non-Zambian smelter would come with a considerable transport costs, he said.

"At the end of the day the best deal we can do will probably be with one of the other Zambian smelters."

"But of course they know that," he added, laughing. "So there's some fairly hard-nosed negotiations going on, but we're getting fairly close on that."

Debt repayments would start in March 2009.

Equinox raised C$105 million in September to supply funds for continuing Lumwana construction and for working capital. By early March the company also raised about C$211 million - in part to fund Lumwana - via the issue of common shares and attaching common-share purchase warrants.

At the end of March, Equinox had cash of about US$177 million.

On the whole, the company's TSX-traded shares have steadily climbed over the past 12 months, from around C$1.20 this time last year to just over C$4 in recent days.

Uranium Feasibility Started

In March, Equinox kicked off a Lumwana uranium feasibility study.

Aims for the current study were to review and update the 2003 bankable feasibility study and do further infill drilling and metallurgical work.

The study will also supply process plant and infrastructure designs, along with capital cost and operating cost estimates.

The feasibility work was awarded to minerals processing services company Ausenco [ASX:AAX]. Hopes were to complete the study in the first quarter of calendar 2008.

Uranium is found in discrete, high-grade veins at Lumwana, according to Equinox.

"Our uranium will be mined anyway as part of the copper project," Williams said.

The uranium would be selectively mined to ensure Lumwana's copper concentrate wasn't cross-contaminated.

"Whatever happens, it's going to be mined and stockpiled. Our decision is really whether or not to build a plant to treat that uranium."

He said he thought it was a straightforward decision, but Equinox naturally was doing its due diligence to properly define the parameters.

As at May, the Lumwana indicated uranium resource stood at 9.5 million tonnes grading 0.093% U3O8 (yellowcake) for approximately 19.4 million contained pounds. A further 2.39 million pounds were contained in an inferred resource. (Cut-off grade: 0.012%)

Metallurgical and pilot plant testwork done as part of the 2003 BFS showed 97% of the uranium could be recovered.

[sojasport]

Antwort auf Beitrag Nr.: 30.636.469 von Asynchronmaschine am 11.07.07 18:27:00

besten dank für die klasse infos!

evtl. kann man den thread auch mit dem aktienaufruf von equinox
verknüpfen....

hey! der roca-thread wurde heute schon über 600x gelesen.

weiter so!!!! und viel spaß im orient-express

[FunKyStufF]

Schlusskurs heute in Kanada bei 4,26 CAD, nur knapp unter dem neuen ATH bei 4,27 CAD...

[turbozertifikat]

Antwort auf Beitrag Nr.: 30.643.949 von FunKyStufF am 11.07.07 23:40:50

Mir gefällts

[Asynchronmaschine]

Australien 4,79

[Punicamelon]

Antwort auf Beitrag Nr.: 30.647.901 von Asynchronmaschine am 12.07.07 08:15:34

Es rockt wirklich! Einfach Kaufen und liegen lassen

[Asynchronmaschine]

4,40

[Asynchronmaschine]

juli fotos online

[Asynchronmaschine]

+0,16 --> 4,93 aus$

[FunKyStufF]

...unglaublich...neues ATH bei 4,59 das Ding steigt einfach immer weiter...

[Asynchronmaschine]

KGV um die 4
halten die rohstoffpreise
wäre ein 12-er kgv fair
sag ich jetzt mal
kursziel
2stellig

etwas uran haben wir ja auch noch

[Punicamelon]

Antwort auf Beitrag Nr.: 30.673.327 von Asynchronmaschine am 13.07.07 17:57:01

halten die rohstoffpreise ,wäre ein 12-er kgv fair

Ja, das ist der grosse Knackpunkt! Das mit Equinox wohl vergleichbare Kupferunternehmen First Quantum hat jetzt eine Marktcap von über 5Mrd Euro, was einem KGV von knapp über 10 entspricht, kann aber die Förderung bis 2010 verdoppeln, was wiederum noch nicht eingepreist ist. Wenn die Kupferpreise stabil bleiben, dann sollte Equinox langfristig 3faches Kurspotential haben. Beachten sollte man dabei, dass Equinox "erst" ca 1Jahr nach Produktionsstart seine Schulden abgebaut hat und sich erst dann das volle Kurspotential entfalten sollte.
Halbieren sich die Kupferpreise, dann sind es immer noch 30 bis 50% Kurspotential bis Produktionsstart, was will man mehr???

Saisonal erwarte ich zwar kräftig fallende Kupferpreise über den Nächsten Winter, jedoch denke ich, dass die Konjunktur im Zuge der Olympiade in China und den US-Präsidentenwahlen in 2008 zu keinem grossen Downbewegung tendieren wird

Kursziel 10CAD

[Asynchronmaschine]

4,96 ausdollar
im hoch schon bei 5,16

[sojasport]

Antwort auf Beitrag Nr.: 30.676.254 von Punicamelon am 13.07.07 21:17:35

....und bis 2014 bauen die russen dann kräftig für Sotschi

[kokkie535]

Ist wohl gesund der kleine Kursrückgang heute

[kokkie535]

Kann mir einer sagen warum wir in Frankfurt einen so ausergewöhnlich großen Umsatz für Equinox haben?

[Punicamelon]

Antwort auf Beitrag Nr.: 30.714.840 von kokkie535 am 16.07.07 18:30:11

Ist wohl gesund der kleine Kursrückgang heute

Das seh ich auch so! Wir haben heute mit dem Tageshoch von 3,27Euro schon fast die 2Mrd Euro Marktcap nach oben durchbrochen, was KGV 4 bedeutet.
First Quantum hat das 2,5fache KGV ,kann aber auch die Produktion in den Nächsten 3Jahren verdoppeln.
Equinox hat auch noch eine halbe Milliarde USD Schulden, die durch die Mienenfinanzierung zurückgezahlt werden müssen, demnach wäre es schon KGV 5.
Die Unterbewertung von Equinox scheint erst mal ausgeglichen zu sein. Was die Zukunft von Equinox angeht, kommt es auf die Kupferpreise an, die saisonal momentan auf einem absoluten Hoch stehen. Bis in den Nächsten Winter rechne ich mit -25% Ermäßigung auf 6000Dollar.
Wenn die Kupferpreise Nächstes Jahr wieder so hoch stehen, sollte Equinox aber locker noch Doppeltes Aktienkurspotential bis Produktionsstart haben

Ich bin heute erst mal ausgestiegen und warte auf günstigere Nachkaufgelegenheiten, zumal sich nun auch die Streiks in Südamerika beruhigen.


Kann mir einer sagen warum wir in Frankfurt einen so ausergewöhnlich großen Umsatz für Equinox haben?


Das ist kein grosser Umsatz! Die Heimatbörse ist ja sowieso in Kanada/Toronto. Dort sind hohe Umsätze im 15-25Mio Stck Bereich/pro Handelstag, heute sind es gerade mal 5Mio Stck Umsatz.
Auch in Frankfurt hatten wir schon etliche Tage mit doppelt so hohen Umsätzen,wie heute.

[kokkie535]

o_O ausgestiegen.. Ich bin erst vor wengen Tagen eingestiegen.. ich dachte es geht in den nächsten Tagen wieder nach oben

[Punicamelon]

Antwort auf Beitrag Nr.: 30.715.393 von kokkie535 am 16.07.07 19:16:39

ich dachte es geht in den nächsten Tagen wieder nach oben


Das weiss ich ja auch nicht! Es kommt an der Börse eben auf Wahrscheinlichkeiten an und auch auf Deinen Anlagehorizont! In 12Monaten werden wir an dieser Stelle etwa +50/+100% Aufschlag zum heutigen Aktienkurs sehen, dazwischen gibt es viele Schwankungen.
Ich denke, dass Kupfer bis in die Nächste Wintersaison auf 6000Dollar fällt, saisonal bedingt.
Equinox hat zum Tageshöchstkurs ein knappes KGV von 4 gehabt. Die 530Mio USD Schulden dazu, finde ich, dass die Bewertung erst mal angemessen ist und der Aktienkurs in Folge seitwärts laufen sollte.

Aber vielleicht schaue ich auch in 4Wochen wie ein Waschweib aus der Wäsche

[FunKyStufF]

Antwort auf Beitrag Nr.: 30.716.783 von Punicamelon am 16.07.07 20:51:11

Ich werde so schnell nicht aussteigen...

...die Korrektur heute war nur gesund und zeigt, dass es sich bei Equinox nicht um eine X-beliebige Zockerbude handelt, bei der nach ein paar Wochen extremen Kursanstieg der grosse Knall kommt.
Wir haben harte Fakten (= nachgewisene Ressourcen, die demnächst abgebaut werden und international als erstklassige Assets bezeichnet werden).
Zudem lässt sich am Chart von Equinox auch ablesen, dass es zum einen nach längeren deutlichen Anstiegen immer wieder eine kleine Konsoliderung gab. Zum anderen hat sich der Kurs ziemlich unabhängig vom Kupferpreis entwickelt und auch die Korrektur zu Beginn des Jahres (bis unter 6000!) wurde nicht nachvollzogen. Allderdings stimme ich Punicamelon zu, dass mit der steigenden Grösse von Equinox die Abhängigkeit des Kurses von dem Kupferpreis sicherlich zunehmen wird.
Ich sehe kurzfristig zumindest noch einiges Potenzial. Und der Kurs ist meines Erachtens durch die gewaltigen Vorkommen nach unten weitgehend abgesichert.
Vor allem aber mittel- bis langfristig sehe ich noch sehr grosse Potenzial...es sollte bedacht werden, dass Equinox bisher nur engen Fachkreisen bekannt ist. Die Entdeckung durch grössere Fonds, die auch erst ab einer gewissen Marktkapitalisierung kaufen, steht erst noch bevor!

Ich denke wir werden in ein bis zwei Jahren spätestens die 10 CAD sehen.

[Asynchronmaschine]

Equinox Signs 5-Year Agreements With Mopani and Glencore for Balance of Lumwana Concentrate
Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the "Company") is pleased to report that its wholly owned subsidiary Lumwana Mining Company Limited ("LMC") has signed Concentrate Sale and Purchase Agreements (the "Agreements") with Mopani Copper Mines Plc ("Mopani") and Glencore International AG ("Glencore") for a total minimum contractual "take and pay" tonnage of 600,000 dry metric tonnes ("dmt") of Lumwana copper concentrates. The Agreements also grant Glencore a first option right to process further additional annual quantities of Lumwana copper concentrates determined as the difference between the current LMC scheduled production, less the base Agreement commitments above, and less LMC's commitments to Chambishi Copper Smelter (refer to Equinox announcement dated February 15, 2007). Any optional quantity will be distributed and treated between Mopani and Glencore in the
proportions specified below. This represents the balance of concentrates for the initial 5 years based on the scheduled production of the Lumwana Copper Project concentrator currently
under construction. The 5-year Agreements will commence from the start of LMC's production scheduled to commence in mid 2008 and combined, carry total base commitments of 120,000 dmt of copper concentrates (containing approximately 53,000 tonnes of copper metal) annually. The contracted commitments will be distributed
66.7% delivery to Mopani (for toll treatment at the Mufulira smelter) and 33.3% delivery to Glencore for trading. The Agreements will charge LMC copper treatment and refining charges ("TCRC's") to be determined annually based on global benchmark terms (refer to the October 2006 Technical Report for details of Lumwana concentrate). Glencore is a privately held company owned by its management and employees. Headquartered in Baar, Switzerland, Glencore is one of the world's largest suppliers of a wide range of commodities and raw materials to industrial consumers and counterpart commercial producers. Mopani is a joint venture company controlled by Glencore (73.1%). The other shareholders are First Quantum Minerals Ltd. (16.9%) and Zambian Consolidated Copper Mines Limited (10%). Mopani is an integrated copper and cobalt producer
located in the Copperbelt of Zambia operating the Mufulira mine, smelter and copper refinery and the Nkana mine and cobalt plant. Current capacity of the Mufulira Copper Smelter is 800,000 tons per year of concentrate. Lumwana, owned 100% by Equinox, is located in the North Western Province of the Republic of Zambia. The Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37 year mine life. Construction remains on schedule for commissioning in Q2 2008. Commenting, Craig Williams, Equinox President and CEO said: "These Agreements complete the placement of 100% of the current LMC scheduled production into firm off take agreements, meet yet another key milestone to project financing and secure Equinox's presence in a growing

[kokkie535]

Bin kein English Crack.. ist das nun gut oder schlecht?

[FunKyStufF]

Antwort auf Beitrag Nr.: 30.745.178 von Asynchronmaschine am 18.07.07 15:42:24

...schon mitbekommen, dass vor Bekanntgabe der News der Handel gestoppt wurde???

[Asynchronmaschine]

Equinox Minerals Ltd (C:EQN)
Shares Issued 560,139,832
Last Close 7/23/2007 $4.16
Tuesday July 24 2007 - News Release

Mr. Craig Williams reports

EQUINOX MINERALS LIMITED: LUMWANA URANIUM FEASIBILITY STUDY AT MALUNDWE DELIVERS HIGH GRADE URANIUM INTERCEPTS

Equinox Minerals Ltd. is providing an update on drilling progress for the uranium feasibility study presently under way at its Lumwana project located in the North Western province of Zambia. High-grade results of note include MLW0055 which intersected 11 metres at 0.75 per cent U3O8 from 24 m including three m of 2.66 per cent U3O8 from 25 m. All results containing intercepts above 0.3 per cent U3O8 are presented in the accompanying table. A more detailed table is available on the company website that presents all intercepts exceeding 0.02 per cent U3O8.

Commenting on the uranium drill results, Craig Williams, Equinox president and chief executive officer, said: "The drilling program currently under way appears to be defining discrete and coherent mineralized zones with significant uranium grades at Malundwe. In addition to this Malundwe work, Equinox is proactively exploring additional regional uranium targets within its 1,355-square-kilometre Lumwana mining licence and Equinox's regional tenements. Recent heliborne radiometric surveying and reprocessed fixed wing radiometric data has proven very successful in identifying and delivering numerous additional uranium channel anomalies for our teams to investigate outside of the UFS. This suggests further uranium potential in the region as we work to expand the total Lumwana uranium resource."

Uranium within the Malundwe and Chimiwungo copper deposits at Lumwana occurs as discrete uranium-enriched zones that will be mined separately during the copper mining operation as detailed in the October, 2006, technical report available on SEDAR. Australian JORC and Canadian NI 43-101-compliant Lumwana uranium mineral resources have been previously estimated at 9.5 million tonnes grading 0.093 per cent U3O8 indicated and 2.6 million tonnes of 0.042 per cent U3O8 inferred, using a 0.01-per-cent uranium cut-off grade (see company news in Stockwatch on May 2, 2005). These resources will be revised on completion of the current UFS program.

The company's UFS drill program commenced in April, 2007, and comprises approximately 16,000 m in 160 RC drill holes that will extend along a two km strike length of the Malundwe copper deposit within the currently designed main Malundwe open pit. On completion of this drilling program, drill hole collar spacing will average 50 m by 50 m and in some areas the density will have been increased to 25 m by 25 m to increase statistical definition of the resources. Certain RC holes are being supplemented by diamond core drilling that includes PQ metallurgical holes and corroborative PQ diamond twins. Metallurgical UFS testwork is being conducted on RC drill samples from selected holes, and the diamond core will be similarly used in the testwork program.

Uranium occurs almost exclusively as uraninite aligned north-south within the foliation of the host rock, varying from coarse uraninite aggregates up to three centimetres in size to finer uraninite grains disseminated among silicate gangue minerals. The uranium is not associated with any significant thorium and investigation indicates there is no uranium disequilibrium effects identified within the mineralization.

The uranium mineralization is predominantly hosted within the Malundwe copper sulphide orebody adjacent to the hangingwall and footwall contacts. Uranium-only mineralization also occurs typically within five metres below the copper orebody footwall contact. Away from these discrete uranium-enriched zones, the copper sulphide orebody is largely barren of uranium mineralization and hence uranium does not report to the copper concentrate. The northern zone at Malundwe is being delineated presently as part of the continuing UFS drilling program. Assays received to July 16, 2007, represent about one-quarter of the holes drilled to date and are presented in the accompanying table.

URANIUM DRILL INTERCEPTS AT MALUNDWE PROSPECT

(ABOVE 0.3 PER CENT U3O8)

Depth

Width U3O8 U3O8 Au below

Hole From To (m) % kg/t ppm Cu % surface

MLW0019 66 67 1 1.28 12.8 0.79 2.72 66

MLW0032 48 53 5 0.31 3.1 0.15 0.10 48

Incl. 48 49 1 1.47 14.7 0.18 0.24 48

MLW0047 27 30 3 1.42 14.2 0.04 0.12 27

And 27 28 1 4.19 41.9 0.04 0.34 27

MLW0053 26 27 1 0.32 3.2 0.08 0.67

34 37 3 0.67 6.7 0.49 1.29 34

MLW0055 24 35 11 0.75 7.5 1.3 0.75 24

And 25 28 3 2.66 26.6 1.33 0.93 25

MLW0061 25 35 10 0.71 7.1 0.47 0.54 25

MLW0067 30 35 5 0.53 5.3 0.34 0.33 30

MLW0074 34 38 4 0.49 4.9 0.62 1.79 34

MLW0086 47 49 2 0.36 3.6 0.16 1.56 47

MLW0154 64 67 3 0.47 4.7 0.18 1.13 64

MLW0162 72 83 11 0.15 1.5 0.1 1.08 72

Incl. 72 73 1 1.18 11.8 0.14 0.97 72

Note: True thickness is equivalent to the intersection

thickness.


Further UFS drill results are expected to be released during third quarter 2007.

Competent person and sampling protocols

As required by the National Instrument 43-101, Equinox's designated qualified personnel required for the supervision of exploration of the projects and verification of the technical information reported in this news release are John Cooke and Mike Richards, employees of the corporation. Drill methods used to generate the samples were 4-1/2-inch-diameter RC percussion and PQ diamond drill core. Collar positions were located using a differential GPS. Both RC and diamond holes were surveyed downhole. RC samples were collected in plastic bags by a cyclone on one-metre intervals and split through a 75:25 Jones riffle splitter. The resultant sample of two kilograms was placed in a calico bag. Duplicates, standard reference samples and blanks were inserted in the sample sequence at a rate of one in 20. Samples were prepared at AHKnight's facility in Kitwe, where all samples were dried, crushed and pulverized to achieve 90 per cent passing minus 75 microns. The pulp was collected from the pulverizer bowl by a ceramic sample scoop, and the balance of the pulp returned to Lumwana for storage for reassay, if required. Pulps were dispatched directly to ALS Chemex at Malaga, Perth, Western Australia, by air freight. Samples were assayed by four-acid digest and method ME-ICP61 up to 1,000 parts per million U and 10,000 ppm Cu; above this level samples were reassayed by fused disc XRF12 for U and OG62 for Cu, both methods being more accurate ore grade determinations. Intercepts were calculated as an arithmetic average, and intervals represent downhole intercepts, although at Malundwe this approximates true thicknes

[FunKyStufF]

Antwort auf Beitrag Nr.: 30.830.361 von Asynchronmaschine am 24.07.07 17:28:55

...warum reagiert der Markt nicht auf die News??? Oder ist das der allgemeine Markttrend heute?

[Asynchronmaschine]

heute ist kein tag
für so eine news
der markt bekommt duch die reihe
eins auf die mütze

[Asynchronmaschine]

http://zambianchronicle.com/tag/equinox/

[FunKyStufF]

Antwort auf Beitrag Nr.: 30.842.854 von Asynchronmaschine am 25.07.07 13:20:38

bisher war eigentlich nur die Rede von viel Kupfer und ein wenig Uran...

[Asynchronmaschine]

Equinox Releases Results for Quarter Ended June 30, 2007

HIGHLIGHTS FOR THE QUARTER

LUMWANA PROJECT DEVELOPMENT►Total construction workforce increased to over 2,500 employees.
►Large scale mining operations commenced at Lumwana during April.
►The mining fleet is initially operating on diesel fuel with power reticulation expected to be delivered in late 2007. Operation on pit ramps utilizing trolley assistance will commence providing significant operating cost benefits.
►A final mine production rate of 120 million tonnes per annum (20 millions tonnes per annum of ore) is expected to be reached by 2nd quarter 2008 following a period of progressive mobilization of the mining fleet.
►Plant construction is well progressed and all major items of equipment for the Lumwana Plant are now on site awaiting installation.
►Civil works progressed in preparation for the installation of the SAG and ball mills in the next quarter. The primary crusher also progressed with the conveyor tunnel now complete.
►The raw water dam is complete and construction of the tailings storage facility is well advanced.
►Civil works and line clearing progressed well for the 72km power transmission line and 330/33kV substations with completion on schedule for commissioning in late 2007.
►Town development activities progressed with all main infrastructure (water, power and sewerage) progressing ahead of housing construction activities. By quarter end approximately 178 houses were complete for occupancy.
►All major items of equipment for the Lumwana Plant are now on site awaiting installation.

The Lumwana Project remains on schedule and budget with commissioning scheduled for Q2-2008.


URANIUM FEASIBILITY STUDY

►The Company drilled 130 RC holes (totalling 11,000m) as part of the Uranium Feasibility Study (“UFS”) and these holes are currently being gamma logged as well as chemically assayed. High-grade results of note include MLW0055 which intersected 11m @ 0.75% U3O8 from 24m including 3m of 2.66% U3O8 from 25m. All results containing U3O8 intercepts above 0.30% U3O8 are presented in the map and table available on the Company’s website.
►Ausenco has made good progress on engineering design and project costing of the Lumwana uranium plant. Metallurgical testwork for uranium leaching and copper extraction in ongoing.


EXPLORATION

►At the Kanga Prospect which extends south from the Malundwe Pit where mining has commenced, an additional 28 RC holes totalling 4916m have been drilled along 2km of strike. All RC holes intersected the ore schist horizon with mineralized intercepts ranging between 5 - 30 metres in thickness at the predicted down-hole position. Results to date have been encouraging, and show a continuation of the southerly plunge of the four thickened, higher grade ore shoots that characterise the Malundwe ore body.
►At Kababisa, approximately 5km north of the site for the Lumwana process plant, Equinox undertook a time-domain IP program that identified significant anomalies extending for over 3km. An additional RC program in Q3 will test fully the targets and extend the sulphide intercepts further to the west.
►At Ndola West, drilling progress continues to identify high-grade copper intercepts at the property located on the Copperbelt, 300km east of Lumwana. Equinox completed a 15-hole RC drill program to further investigate the strike of sequence of the mineralization, as well as the broader stratigraphy in which that mineralization is hosted.


CORPORATE

►The Company secured a US$45.0 million Contingent Funding Letter of Credit Facility Agreement (“Contingent Funding”) with Standard Chartered Bank to provide a key debt funding obligation as required under the Lumwana Project Debt Facility.
►On July 18, 2007 in a subsequent event to the quarter, Equinox’s wholly owned subsidiary Lumwana Mining Company Limited (“LMC”) signed Concentrate Sale and Purchase Agreements (the “Agreements”) with Mopani Copper Mines Plc (“Mopani”) and Glencore International AG (“Glencore”) for a total minimum contractual “take and pay” tonnage of 600,000 dry metric tonnes (“dmt”) of Lumwana copper concentrates. This represents the balance of concentrates for the initial 5 years of Lumwana production based on the scheduled production of the Lumwana Copper Project concentrator currently under construction.
►Equinox recorded a consolidated net loss for the three months ended June 30, 2007 of US$4.3 million, or US$0.008 loss per share. This compares to a consolidated net loss of US$6.8 million, or US$0.014 loss per share, for the previous three months ended March 31, 2007. As at June 30, 2007, Equinox had cash resources of US$70.1 million.


Equinox is an international mineral exploration and development company listed on both the TSX and ASX (TSX and ASX symbol: “EQN”). Lumwana, owned 100% by Equinox, is located in the North Western Province of the Republic of Zambia. The Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its expected 37 year mine life and construction is on schedule for commissioning in Q2 2008.

A copy of Equinox’s Q2 Financial Statements and the MD&A are available at www.sedar.com, www.asx.com.au and at www.equinoxminerals.com.

On Behalf of the Board of Directors of Equinox:

Craig R. Williams - President & Chief Executive Officer

[FunKyStufF]

Antwort auf Beitrag Nr.: 30.880.902 von Asynchronmaschine am 27.07.07 18:57:34

Ausgezeichnet...sieht so aus als würden weitere Reserven entdeckt. Der Kurs zieht heute auch endlich mal wieder über 4 CAD. Die Leute kommen wieder zur Vernunft...wir haben in den letzten Tagen eindeutig Kaufkurse gesehen

[Asynchronmaschine]

[12:09:44] zockempire : Equinox draws closer to production and becomes a target

With Equinox Minerals Inc. (EQN/TSX) drawing closer to production, the company is starting to look more and more like a takeover target, according to Blackmont analyst George Topping.

Equinox is expected to start commissioning at its 100%-owned Lumwana project in Zambia by the second quarter of 2008 and is fast becoming less dilutive to cash flow per share for an acquiring company, Mr. Topping said in a note to clients, maintaining his "buy" rating and $5.25 price target on the stock.

The Lumwana mine is expected to produce an average of 169,000 tonnes per year of copper metal contained in concentrates for the first 6 years of its 37 year mine life, according to the company website and also hosts significant near-term uranium potential.

Mr. Topping said that First Quantum Minerals Inc., Freeport-McMoran Copper and Gold Inc. and Vedanta Resources plc are among the potential suitors who may be interested in Equinox with all three companies having substantial copper deposits in Zambia.

David Pett
[e-mail]

[Asynchronmaschine]

Equinox sitting pretty in Zambia

EQUINOX Minerals has placed itself in a prime position to benefit from rising long-term copper price forecasts and growing interest in the Zambian copper belt from major miners.

Citigroup yesterday raised its 2008 copper price forecast to $US3.50 ($4) a pound and doubled its 2009 and 2010 forecast to $US3 a pound.

But during that time BHP Billiton, Rio Tinto and Xstrata will lack the scope for internal growth in the commodity.

Credit Suisse recently said it was "only a matter of time" before the world's five largest mining companies became involved in Zambia and the Democratic Republic of Congo.

"The companies should go for mergers and acquisitions to take advantage of the current bull run in copper," Credit Suisse analysts said.

'We believe that these diversified miners will continue to target the pure plays and the junior players."

Last month Xstrata Copper's chief executive, Charlie Sartain, said his company wanted to acquire projects with the capacity to produce 150,000 tonnes to 300,000 tonnes a year.

Xstrata is rumoured to be considering a regional consolidation strategy in central Africa.

Although Xstrata does not own any copper mines in Africa, its major shareholder Glencore owns mines and a smelter in Zambia.

Zambia carries less political risk than the neighbouring Congo.

Zambezi Resources, which recently floated in Australia, has some exploration joint ventures with Glencore in Zambia.

"Under the contracts we have [Glencore] can assign things to Xstrata," said Zambezi's managing director, Julian Ford.

Perth's Equinox expects its $US715 million Lumwana project under construction in Zambia to enter production in the middle of next year at a rate of 170,000 tonnes a year with a 37-year mine life.

Equinox has signed offtake agreements for its copper concentrate with Glencore and a Chinese-owned smelter, and is studying an expansion into uranium.

Although Equinox has a low profile in Australia, its dual listing in Canada has proven a hit with investors.

Other central African miners have also recently attracted a lot of interest.

First Quantum Minerals, listed in Canada but headed by a Perth-based chief executive, Philip Pascall, was recently listed as a prime takeover target by Desjardins Securities. And London-listed Central African Mining & Exploration recently made a $US1.9 billion scrip bid for Katanga Mining.

Equinox's chief executive, Craig Williams, said his company had received various takeover approaches over the past few years but none were very serious.

"We're certainly not trying to solicit approaches," he said. "We've got our focus on building the project. But at the end of the day, if someone wants to have a run at us, there's not much we can do to stop them."

Equinox shares closed 3c higher at $4.65 yesterday, having more than tripled in the last year.

[Asynchronmaschine]

Time of Zambia By Business Reporter

LUMWANA Mining Company (LMC) is to invest more than US$7 million to boost copper exploration this year, managing director, Harry Michael, has said.
Mr Michael said that Equinox Minerals Limited which owns 100 per cent of Lumwana has invested about US$23 million, an equivalent of about K100 billion in exploration, feasibility and technical studies in Zambia since 1998.
He said that the project construction period of 2006 to 2008 for the development of Lumwana would attract an investment cost of US$762 million (K3, 000 billion) representing the largest single investment in Zambian history.
Speaking to journalists in Lusaka, Mr Michael said that copper production at the mine would start late next year providing a 37-year mine life.
For the financing of the Lumwana Project, Mr Michael said that about 12 international banks had agreed to lend LMC approximately US$584 million for the development of Lumwana.
“This is the largest debt finance package in the history of the African continent. The financial institutions are from South Africa, UK, Germany, Australia and Canada.
Mr Michael said that the mine would directly employ for more than 3,500 people during construction and 1,000 during operations
And Tourism, Environment and Natural Resources Minister, Kabinga Pande, has hailed the mining firm for adhering to prescribed labour and environmental regulations.
Mr Pande said it was gratifying to note that Lumwana mine did not engage labour brokers in recruiting workers.
The minister was speaking earlier last week when Mr- Michael and his corporate affairs manager Nathan Chishimba called on him.

[Asynchronmaschine]

Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the "Company") is pleased to announce that it has successfully achieved financial close on its US$583.8 million project finance debt facility ("Facility"), which comprises subordinated and senior project finance for the completion of development and construction of the Lumwana Project ("Lumwana") located in the North Western Province of the Republic of Zambia (refer to the press release of December 1, 2006 and subsequent press releases). This completes the funding of the Lumwana Copper Project which remains on schedule and budget for commissioning in Q2-2008.

The Facility is being provided by a syndicate of European, African and Australian based Commercial Lenders, Developmental Finance Institutions and Export Credit Agencies, (together "the Lenders") and includes asset backed finance for the mining fleet and capitalised interest.

The process for first drawdown under the Facility has now commenced following satisfaction of all material conditions precedent and completion of the equity expenditure as required by the Lenders.

Commenting on achieving financial close, Craig Williams Equinox President and CEO said "we are very pleased to have achieved financial close and commenced debt drawdown. I wish to thank all those concerned in achieving this critical milestone in the development of Africa's largest copper mine. We will continue to meet our remaining milestones at Lumwana, one of only a select few major new copper mines expected to be brought into production next year".

Lumwana, owned 100% by Equinox, is located in the North Western Province of the Republic of Zambia. It is anticipated that the Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37 year mine life.

On Behalf of the Board of Directors of Equinox:

Craig R. Williams - President & Chief Executive Officer

[Asynchronmaschine]

augsut fotos sind da
http://equinoxminerals.com/development/lumwana-development-p…

[kokkie535]

... Mache mir solangsam sorgen ob es einen interessenten in D für meine Shares gibt...seit wochen KEIN umsatz hier...

[Asynchronmaschine]

keine sorge
bei 10 euro kommen sie dann in scharen
und wollen alle deine eqn haben
das habe ich schon bei etlichen aktien durch

[sojasport]

WOW die letzten tage gibt es wieder dicke käufe in can

da stört mich der fehlende umsatz in D überhaupt nicht

[Punicamelon]

3. Oktober 2007 13:40
Streik in Peru
Kupferpreis klettert



Ein Streik in einem peruanischen Bergwerk hat am Mittwoch den Preis für Kupfer kräftig in die Höhe getrieben. Darüber hinaus sorgten Lieferengpässe bei Blei und Zink bei diesen beiden Metallen ebenfalls für Preissteigerungen. Der Ölpreis zog vor Veröffentlichung neuer Lagerdaten aus den USA leicht an.

Der Preis für eine Tonne Kupfer kletterte am Terminmarkt um fast ein Prozent auf 8265 Dollar. Zink verteuerte sich um zwei Prozent auf 3120 Dollar, Blei um ebenfalls zwei Prozent auf ein Allzeithoch von 3585 Dollar.

In Peru sind die Arbeiter bei Southern Copper in einen unbefristeten Streik getreten. Davon betroffen sind zwei Minen, die rund 370.000 Tonnen Kupfer im Jahr fördern. Southern-Copper-Vorstandschef Oscar Gonzalez sagte, der Streik könnte die Jahresförderung um zehn Prozent schmälern. Bei einer Zink-Blei-Hütte des Bergbaukonzerns Xstrata in Australien hat ein Feuer die Förderung eingeschränkt. Bei der Londoner Metallbörse belaufen sich die gemeldeten Blei-Vorräte nur noch auf 22.350 Tonnen, was etwa dem täglichen weltweiten Bedarf entspricht. Wegen der Feiertagswoche in China beschrieben Händler das Geschäft aber als dünn. Nächste Woche könnte es zu stärkeren Schwankungen kommen, wenn die Metallbörse in Schanghai wieder geöffnet ist.

Vor der Veröffentlichung der wöchentlichen Lagerdaten in den USA zog derweil der Ölpreis leicht an. Händler begründeten dies mit der Erwartung auf fallende Ölvorräte in den USA, da die Raffinerien wieder mehr Öl verarbeiten konnten. Der Preis für ein Barrel (159 Liter) US-Leichöl der Sorte WTI stieg um 0,6 Prozent auf 80,52 Dollar, der Preis für ein Fass der Nordseesorte Brent um 0,5 Prozent auf 77,77 Dollar.

Der Goldpreis erholte sich unterdessen von dem Kursrückgang des Vortages. Eine Feinunze verteuerte sich in der Spitze um 0,8 Prozent auf 736 Dollar. Im Verlauf gab der Kurs wieder auf das New Yorker Vortagesschlussniveau von 731 Dollar nach.

[Asynchronmaschine]

5,17
letztes jahr wars
glaub ich
da gings runter bis auf 1,15
ich verstand die verkäufer schon damals nicht

[hobiewaters]

War am Samstag auf der Edelmetall- und Rohstoffmesse in München und habe die 20-minütige Präsentation von Equinox gesehen:
- sehr professioneller Vortrag, sowohl inhaltlich als auch von der Präsentation her

Das einzige Manko (?) bleibt meiner Ansicht nach die Konjunktur-anfälligkeit Dr. Copper´s und die beginnende Ression in US.

Sonst sehr interessant...

[Asynchronmaschine]

tolle news heute
die haben übelst fett uran

LUMWANA

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.428.083 von Asynchronmaschine am 14.11.07 18:47:41

Uranium Feasibility Infill Drilling Confirms High Grade Uranium Mineralization at Lumwana



Equinox Minerals Limited (TSX and ASX symbol: “EQN”) (“Equinox” or the “Company”) is pleased to report that the Company’s Uranium Feasibility Study (“UFS”) infill drilling program at its Lumwana Project in the Northwestern Province of Zambia has further defined and confirmed discrete zones of high grade uranium mineralization within the larger Malundwe copper ore body currently being mined as part of the Lumwana Copper Project development. Intercepts of note include 17 meters of 0.56% U3O8 (hole MLW0062), 11 meters of 0.75% U3O8 (hole MLW0159), 6 meters of 1.41% U3O8 (hole MLW0192) and 2 metres of 2.56%U3O8 (hole MLW0115).

The Malundwe deposit hosts significant uranium mineralization along the central portion of the copper ore body’s western flank, primarily within two discrete uranium mineralized bodies. The purpose of the UFS drilling program is to upgrade the previously defined Malundwe “Indicated and Inferred” uranium resources (see press release dated May 02, 2005 available on the Company’s website) to an “Indicated and Measured” status. Equinox has completed an intensive infill drill program comprising a total of 158 reverse circulation (RC) percussion drill holes and 12 PQ diamond holes spread along the 2km strike length of mineralization (Click here to see Figure 1). With the inclusion of the pre-existing drill holes, most of the uranium resource within Malundwe is now defined by 50m x 50m spacing, with the exception of some areas of higher grade uranium mineralization which have been drilled on a 25m x 25m spacing. Of the 170 holes drilled, 135 intersected uranium mineralisation of >200ppm U3O8.

Logging has been undertaken by geology, scintillometer and gamma probe to ensure all uranium intercepts were identified. Uranium occurs almost exclusively as uraninite, varying from coarse aggregates of up to 3cm long to finer grained disseminations. Quantification of the uranium content has been achieved by chemical assay of 14,183, one meter samples, with sample collection commencing four meters above the first detected uranium (by scintillometer) in any given hole, to the end of the hole. Table 1 presents significant intercepts (>3,000ppm U3O8) encountered in the second phase of the resource program (the first phase was reported in the press release dated July 24, 2007 available on the Company’s website). A complete table of all uranium intercepts to date within the Malundwe ore body that exceed 200ppm U3O8 can be found on the Company’s web site filed with this press release.

The uranium mineralization preferentially lies associated with the hangingwall and footwall contacts of the Malundwe copper sulphide ore body, and significantly, also extends into the footwall suite of rocks that are barren of copper. The remainder of the Malundwe copper sulphide orebody does not contain any significant uranium mineralization and typically has a low uranium background of <10ppm U3O8.

Click here for Table 1: Significant Uranium Drill Intercepts at Malundwe (intercepts >3,000ppm U3O8)

Refer to the Company website for a full table of results applying a 200ppm U3O8 cut-off.

SRK Consulting is currently undertaking the uranium resource estimate of Malundwe and Golder Associates Pty Ltd. will apply economic and mining factors to identify the mining reserve for the UFS, which is expected to be completed by the end of Q1-2008.

Commenting on the UFS drill results, Craig Williams, Equinox President and CEO said “the UFS infill drill program has provided the confidence required to fully evaluate and define the discrete, high grade uranium zones associated with the Malundwe copper orebody. We are encouraged that the ongoing UFS will support a viable development plan to extract a uranium by-product as part of Lumwana copper mine that is now at an advanced stage of construction”.



On Behalf of the Board of Directors of Equinox:

Craig R. Williams - President & Chief Executive Officer

[Punicamelon]

Antwort auf Beitrag Nr.: 32.428.083 von Asynchronmaschine am 14.11.07 18:47:41

Na jaaaaaaaa, ganz gute grades, mal schauen, wie viel Reserven das am Ende werden!

[FunKyStufF]

Neue Fotos von Lumwana online:

http://www.equinoxminerals.com/development/lumwana-developme…

[Asynchronmaschine]

oh
sehr gut
diese kupfer uran bude
ist weltklasse

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.501.677 von Asynchronmaschine am 20.11.07 21:30:02

Yep, man muss nur durchhalten, bis nächstes Jahr produziert wird...dann wird auf KGV-Basis abgerechnet...

[Asynchronmaschine]

ich empfehle auch
dringend
T.ML
Moly, Kupfer, Silber
siehe thread von mir
sind zwar sehr gut gelaufen
aber das kgv für 2009-10 ist echt irre
da sind auch noch einige xxx% drin
sind kgv mässig noch billiger als eqn
*staun*
aber teuer iss eqn auch nicht mit kgv 2009 von 3-4

[FunKyStufF]

Kupfer: Tückische Lagerdaten - Was bedeutet das?

Kupfer gilt seit eh und je als Frühindikator für die wirtschaftliche Aktivität. Das am häufigsten verarbeitete Industriemetall – das wegen seiner Wiederverwertbarkeit sogar ein Halbedelmetall ist – soll laut neuesten Statistiken wieder in ausreichenden Mengen am Markt verfügbar sein. Das behauptet der Industrieverband International Copper Study Group (ICSG). Den neuesten Statistiken des Verbands zufolge lag im Monat August mehr Kupfer am Markt vor, als die Nachfrage verbrauchen konnte. In den sieben Monaten zuvor lag das Angebot immer unter der Nachfrage. Ist das jetzt ein Signal, dass sich die Wirtschaft abschwächt? Sicherlich. Die Preise für Kupfer fielen in der letzten Woche auf das niedrigste Niveau seit März dieses Jahres. Kupfer kann heute um ein Viertel günstiger gekauft werden, als noch vor einem Monat.

Jedoch gibt es an den Daten des ICSG einen gewaltigen Haken – er beachtet die nicht offiziell ausgewiesenen Lagerbestandsänderungen nicht – und dazu gehören nun mal auch die des China’s State Reserve Bureau, also diejenigen Gesamtchinas. Wenn China, und das wird für das Jahr 2006 vermutet, seine Lagerbestände aufbraucht und daher seine Käufer etwas zurückfährt, wird das gesamte Angebots-Nachfrage-Gefüge auf dem Weltmarkt verzerrt. Der tatsächliche Kupferverbrauch Chinas wird zu niedrig eingeschätzt, kann dann aber schnell wieder anziehen, ohne dass es die Statistiken des ICSG andeuten würden.

Werfen wir aber nun trotzdem – diese Warnung vorangestellt – einen Blick auf die neuesten Kupfermarktstatistiken des ICSG. Der weltweite Kupferverbrauch stieg laut ICSG in den ersten acht Monaten des Jahres 2007 um 7,5% - die Minenproduktion um 4,6%. Auf der Verbrauchsseite sieht der ICSG in diesem Zeitraum in China ein Nachfragewachstum von 38% - das kann aber aus genannten Gründen nur eine grobe Schätzung sein. Eine Feststellung lässt sich aber klar machen: Die chinesische Nachfrage ist für die Verknappung von Kupfer auf dem Weltmarkt verantwortlich, denn die amerikanische und europäische Nachfrage ging in diesem Zeitraum zurück.

Auf der Produktionsseite zeigte sich zwar im Achtmonatszeitraum seit Jahresbeginn ein Anstieg der Produktion um 4,6% - vergleicht man aber die einzelnen Monat miteinander, so sieht man laut ICSG seit Mai eine stetig rückläufige Produktion, ausgelöst durch Unterbrechungen in mexikanischen, indonesischen und chilenischen Kupferminen. Das Angebot an raffiniertem Kupfer stieg in den ersten acht Monaten seit Jahresbeginn im Vergleich zum Vorjahr um 4,9%. Das Angebot wuchs also schwächer als die Nachfrage, was laut ICSG in den ersten acht Monaten zu einem Defizit an raffiniertem Kupfer von 258,000 Tonnen führte, nach einem Überschuss von 38,000 Tonnen im Jahr zuvor. Seit Ende Juli bis Mitte August stiegen die Kupferlagerbestände zwar an, verharren aber weiterhin auf einem niedrigen Niveau (siehe Grafik).

Auf charttechnischer Basis steht der Kupferpreis an einer Schaltstelle. Die horizontale Unterstützung bei 6,600 Dollar pro Tonne wird gerade getestet – dieser Kursbereich sollte halten. Möglicherweise kommt es an dieser Stelle sogar zu einer Trendwende nach oben – Stopps müssen bei Long-Trades aber eng unter diese Unterstützung gesetzt werden.

[Punicamelon]

Antwort auf Beitrag Nr.: 32.592.120 von FunKyStufF am 28.11.07 00:14:17

Wenn China, und das wird für das Jahr 2006 vermutet, seine Lagerbestände aufbraucht

wie alt ist dieser Artikel??

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.604.726 von Punicamelon am 28.11.07 20:32:39

...das kannst Du Dir selbst beantworten:

"Der weltweite Kupferverbrauch stieg laut ICSG in den ersten acht Monaten des Jahres 2007 um 7,5% - die Minenproduktion um 4,6%"

[Punicamelon]

Antwort auf Beitrag Nr.: 32.607.353 von FunKyStufF am 28.11.07 22:52:07

ja stimmt!

[FunKyStufF]

EQN 4.750 +0.620 +15.01 49,140,641 T

05 Dec 2007 15:43 ET

Das nenn ich doch mal ein sattes Plus...und das bei Wahnsinns-Umsätzen!!! Denke wir erreichen heute noch die 50 Millionen...

So wie ich das sehe, auch charttechnisch ein klares Kaufsignal heute...

[Asynchronmaschine]

und keiner interessiert sich hier für
EQN
unfassbar

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.677.945 von Asynchronmaschine am 05.12.07 22:06:08

...dann müssen wir halt die Schätze einsammeln...

[Asynchronmaschine]

schon voriges jahr passiert
und es gibt ja noch andere schätze
z.b

[Asynchronmaschine]

SYDNEY (Reuters) - Canadian miner Equinox Minerals Ltd (EQN.AX: Quote) (EQN.TO: Quote) said on Thursday it was not aware of the identity of the buyers of its shares in Canadian trading on Wednesday.

Equinox made the comments in response to a query from the Australian stock exchange.

Canadian-listed shares of Equinox jumped as much as 18.2 percent on Wednesday when some 9 percent of its equity changed hands.

Some dealers have said Australian copper and gold miner Oxiana Ltd (OXR.AX: Quote) could have been the buyer. An Oxiana spokeswoman declined to comment.

Equinox's Australian listed shares jumped about 20 percent on Thursday in firmer overall market <.AXJO>.

Equinox, whose main asset is the Lumwana copper-cobalt deposit in Zambia, said it had held road shows for institutional investors in major financial centers over the past two weeks.

The activity in Equinox's shares comes at a time when the mining sector is abuzz with takeovers, including BHP Billiton Ltd's (BHP.AX: Quote) (BLT.L: Quote) all-stock proposal to buy rival Rio Tinto Ltd (RIO.AX: Quote) (RIO.L: Quote).

($1=A$1.15)

[Asynchronmaschine]

was geht ab
schon wieder 12% hoch
hoffentlich keine übernahme
eqn ist 20 can dollar und mehr wert

[sojasport]

Antwort auf Beitrag Nr.: 32.684.608 von Asynchronmaschine am 06.12.07 15:34:14

wir freuen uns trotzdem über den schönen anstieg!
sieht nach neubewertung aus

[Pabella]

First Quantum acquires 41.3 million shares of Equinox

2007-12-06 10:00 ET - News Release

See News Release (C-FM) First Quantum Minerals Ltd

Mr. Clive Newall of First Quantum reports

FIRST QUANTUM MINERALS ACQUIRES 17.27% INTEREST IN EQUINOX MINERALS LIMITED

First Quantum Minerals Ltd., on Dec. 5, 2007, acquired 41.3 million common shares in Equinox Minerals Ltd. representing 7.31 per cent of the issued and outstanding shares. After the acquisition of the shares, First Quantum will beneficially own 97,556,700 common shares representing 17.27 per cent of the issued and outstanding shares of Equinox Minerals.

The securities were acquired through the facilities of the Toronto Stock Exchange. First Quantum has acquired the common shares for investment purposes and may acquire further common shares or dispose of its holdings of common shares both as investment conditions warrant.

[FunKyStufF]

...deswegen die hohen Umsätze gestern...ich hoffe das ist nur eine strategische Beteiligung und kein Übernahmeversuch...

[FunKyStufF]

5,66
+0,91
+19,16 %

quasi im Minutentakt neue ATHs... wenn das noch zwei Wochen so weiter geht, solls mir mit der Übernahme auch recht sein...

[Asynchronmaschine]

ich würde eine übernahme nicht gerade toll finden
immerhin ist hier enormes kurspotential vorhanden
bei einer übernahme würde wir davon nur einen kleinen teil sehen
naja, ändern können wir es nicht
aber vielleicht geht es noch ein paar jahre ohne übernahme

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.690.932 von Asynchronmaschine am 06.12.07 22:32:47

seh ich prinzipiell genauso...außer es kommt zum Übernahmekampf und wir sehen dieses Jahr noch die 10 CAD

[Asynchronmaschine]

die berechnungen zeigen aber
das auch kurse von 20 can dollar drin sind
nicht gleich 08
aber fundamental wäre das drin
deshalb wäre ein verkauf zu 10
ein eher schlechtes geschäft

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.691.173 von Asynchronmaschine am 06.12.07 22:50:28

sehe ich wie gesagt prinzipiell auch so. wenn man aber bedenkt, daß bei einer Abkühlung der Weltwirtschaft - sollte es dazu kommen - auch der Kupferpreis eine eher unsichere Kiste ist, finde ich 10 CAD heute als besseren Deal als 20 CAD in zwei Jahren...

--> in jedem Fall ist der jetzige Kurs viiiieeeel zu niedrig

[Asynchronmaschine]

das uran hat gar keiner auf der rechnung
immerhin bisher 22 mill lbs
und abbau wird bereits vorbereitet
wurden wir jemals im zusammenhang mit uran erwähnt
da werden hunderte buden erwähnt
aber wir nicht
dazu die ihre explorationsfläche von 20.000 km^2!!!
da muss einfach mehr kommen
als 10
10 ist eindeutig zu wenig

es bleibt spannend
wir werden bekannter
die käufer werden schlange nach eqn aktien stehen

[Asynchronmaschine]

und höchsten 10 leute sind dabei
unfassbar

[Asynchronmaschine]

Positively equatorial Equinox on copper, uranium and FQM stake

Why has the Equinox Minerals stock price gained nearly 40% over two days? The answer came today with First Quantum announcing it had bought an additional 41.3 million shares in the Zambian copper developer.

Author: Barry Sergeant
Posted: Thursday , 06 Dec 2007

JOHANNESBURG -

In the past two days, the Equinox Minerals (TSX: EQN.TO, C$5.49 a share; C$3.2bn market capitalisation) stock price has traded up to 40% higher, with C$5.49 the peak at the time of writing. The current high, achieved in heavy trade and at a time when nerves are breaking out over the level of spot copper prices, marks a rise of 241% on the stock's 12-month low.

However what was presumably the reason for the sharp rise was disclosed today when copper/cobalt miner First Quantum Minerals (TSX:FM, LSE:FQM) announced it had purchased a further 41.3 million shares (7.3 percent) of Equinox, bringing its stake up to 17.27 percent ‘for investment purposes'.

Among copper stocks, Equinox has stood out for some time, given the successful development of its Lumwana project in Zambia. The mine, on track to produce around 170,000 tons of copper a year from April 2008, would rank Equinox as Africa's biggest copper producer. But Equinox also offers significant asset leverage of potential production of up to 2 million pounds of uranium a year.

In the absence of a full blown model on Equinox, the valuation metrics available from published material on Lumwana suggest that the operation will generate well over $500m cash flow a year, at full production, given current spot copper prices of $3/lb. There is potential capacity to increase production to 200,000 tons of copper a year.

These metrics exclude potential cash flow from the 20m pounds of high grade uranium, sitting within the Lumwana orebody. The uranium leg of the operation could be in business by 2010 for a capital cost of around $200m, and a fair-guess operating cost of less than $20 a pound.

Uranium spot price announcements this week were unchanged at $93/lb by specialist firm Ux, and remained at $93/lb for TradeTech. Both groups maintained long-term price forecasts at $95/lb. These numbers suggest that annual Equinox production of 1.5m pounds of uranium would generate cash flows of at least $100m a year.

The crude numbers suggest that Equinox is trading on a forward price: cash flow multiple of about seven times, which can fairly be described as attractive, notwithstanding the huge surge in the stock price over the past few days.

[Kostolany4]

Kann sich mal jemand drum kümmern, daß der Thread mit der Equinox-Aktie verlinkt wird oder soll ich das machen ? (Ich habe einen netten Mod an der Hand, der mir solche Sachen schon öfter geregelt hat).

[Asynchronmaschine]

mach das mal

[Asynchronmaschine]

First Quantum Minerals Ltd. may have nearly doubled its stake in Equinox Minerals Ltd. to 17.3% this week, but it will likely be quite some time before it pursues a full takeover, analysts said Friday.

“We believe that it is likely [First Quantum] will want to buy the rest of [Equinox] shares at some point. However, this may not happen for quite some time given that he Zambian government plans to increase its royalty to 3% (from 0.6%) and corporate tax to 35% (from 25%),” wrote Blackmont Capital analyst George Topping. “Therefore, we advise investors to move on to the next takeover opportunity, such as Chariot.”

First Quantum has several operating copper mines in central Africa, while Equinox is currently building its first copper project in Zambia, and a takeover does make sense, given that First Quantum has a mine just 65 kilometres from Equinox’s Lumwana project, wrote UBS Investment Research analyst Tony Lesiak.

“We have long believed that consolidation in the copperbelt is logical from a synergy perspective. This acquisition may fast-track the process,” he wrote.

If First Quantum does pursue a takeover, Equinox shareholders could see a healthy premium to the $5.52 it closed at on Thursday, RBC Capital Markets analyst Fraser Phillips estimated.

“Using the metrics from Teck Cominco’s acquisition of Aur Resources … results in an implied valuation range of $6.15 to $6.71,” he wrote. “[But] First Quantum could potentially wait for [Lumwana] construction to be completed and for the project to be sufficiently derisked.”

Lumwana is expected to complete construction next year, although the analysts said potential construction delays constitute a key price target impediment.

The three analysts have widely divergent views on how well the stocks will perform. On Equinox, Blackmont’s target is $5.75 while RBC’s stands at $4.20. On First Quantum, UBS predicts $114, while RBC is targetting $95.

Nathan VanderKlippe

[Asynchronmaschine]

Surge in power capacity to raise Indian copper appetite


Enlarge Photo
By Reuters
Friday December 7, 02:15 PM

By Biman Mukherji

NEW DELHI (Reuters) - Burdened by rolling blackouts and industrial power shortages, India is bent on expanding its power capacity, potentially boosting copper demand sharply and reviving global interest in the metal.

Because of India's roaring economy, India's power production needs to rise by 15 to 20 percent annually, and with it, lots of copper consumed to meet the demands of its billion-plus populace.

If the projects take off as planned, India will likely have less copper to export, which could ease worries that copper demand will slump if the U.S. economy continues to falter.

"We could turn into a net importer of copper, provided all these power projects come on stream," Hitesh Aggarwal, vice president of research at Angel Broking.

Copper has fallen 20 percent since October to $6,755 a tonne on a dimming demand outlook.

"The need for more power has sunk into everybody's head," said Gnanasekhar Thiagarajan, director of Commtrendz Risk Management. "We suspect that many Indian players would start making bulk purchases of copper now as prices are low."

Because of the new building in plants and other infrastructure, India's annual copper demand is expected to more than double to nearly 1.5 million tonnes by 2012, from 600,000 tonnes now.

The country's production is estimated at 700,000 tonnes and India usually exports between 100,000 tonnes and 150,000 tonnes a year.

"For every addition of 1000 megawatts, there will be new demand of 10,000 to 15,000 tonnes of copper," said a senior Mumbai-based analyst, who did not want to be identified.

"We know of at least three power projects coming up now which will consume an additional 50,000 tonnes of copper," he said.

Domestic copper producers, including Sterlite, Birla Copper and Hindustan Copper are able to meet domestic demand now, and are able to even export small quantities.

"We don't see the situation changing for at least two years," said the Mumbai-based metals analyst. "That is because many of the projects are still in the initial stages."

"The picture could well change once the new power projects

come on board."

Private and state-run power firms are planning capacity expansions of nearly 60 percent over the next several years, which will not completely solve the ongoing shortages.

"We would need to raise capacity by at least this much, if not more, to even maintain the present level of shortages," said Harry Dhaul, director general of Independent Power Producers Association of India.

India needs to invest $1.25 trillion by 2030 into its energy infrastructure, according to the International Energy Agency.

The country's energy shortfall touched 9 percent last year and at peak times the gap between demand and supply is nearly 14 percent.

More than 412 million people in India have no access to electricity and some villages only get a few hours a day.

GAPING SHORTAGES

India plans to finalise four more of its "ultra-mega power projects," each capable of generating 4,000 megawatts, by March 2009, more than the electricity consumed by teeming New Delhi.

The projects, which are to be located in states such as Gujarat, Madhya Pradesh and Andhra Pradesh. The country has already allotted two such projects to private bidders so far this year.

"If the power sector takes off, then copper demand will also take off," said Sunil More, director general of the Indian Electrical and Electronics Manufacturers Association.

"There is a new seriousness in expanding power capacity as compared to 10 years ago," More said.

To be sure, despite the number of power projects planned over the next four to five years, the percentage of copper consumed is unlikely to go up proportionally as in other countries because of the traditional preference for aluminium in busbars, the flat strips or tubes used in electrical power distribution.

Indians have favoured the use of aluminium over copper in certain applications because it is cheaper, albeit weaker conductor, said Ajit Advani, chief executive officer of International Copper Promotion Council's India office.

He said that though aluminium was cheaper to buy upfront, copper was more economical if the entire life of many products were considered.

"As energy conservation and the environment become more central to our decisions, our per-capita copper consumption would increase," he said.

But Advani said he even expected an increase in the use of copper plumbing in India because of greater durability and better hygiene.

India's per-capita copper consumption is slightly over half a kilogram per person, compared with 3.5 kilograms in China and 12 kilograms in developed countries.

[kokkie535]

gut oder schlecht?

[Punicamelon]

Antwort auf Beitrag Nr.: 32.715.757 von kokkie535 am 10.12.07 16:12:51

Übernahmen sehe ich immer mit gemischten Gefühlen, weil ich sowas schon oft mitgemacht habe. Klar, schnell und gut verdientes Geld, doch wird man für die langfristigen Perspektiven betrogen, siehe Uramin, Wolfden &Co.
Nicht immer bekommt man dann einen Guten Preis auf allerhöchstem Niveau, so wie bei TimeWarner oder einer Mannesmann.

Den Zweiten Bericht über Indien beurteile ich positiv, jedoch ist es nicht neu, dass solche Gigantenstaaten in den Nächsten Jahrzehnten vor gigantischen Wachstum stehen und massenhaft Kupfer benötigen,

MfG Punicamelon

[Asynchronmaschine]

joh
im falle einer übernahme würden wir nicht die
20 can dollar sehen
die wir so im kurs innerhalb 2 jahre sehen könnten


aber da hilft kein klagen
reiten wir die welle bis zu schluss

[FunKyStufF]

Antwort auf Beitrag Nr.: 32.717.201 von Asynchronmaschine am 10.12.07 17:51:40

...da kannst Du Dir sicher sein, daß ich hier bis zum Schluß mitreite!!!

[Asynchronmaschine]

joh
bis zum schluss

[FunKyStufF]

Da ist heut abend aber noch mal ein fettes Paket über den Tisch gegangen... Wert rund 22,2 Mio CAD zum Tages-Durchschnittspreis ...wenn das nicht wieder First Quantum war oder vielleicht die Chinesen? ...Scheichs? BHP? Rio Tinto?


16:17 5.381 413,400 VWP Goldman Goldman
16:10 5.450 17,500 +0.120 CIBC State Street
16:10 5.450 1,900 +0.120 TD Securities State Street
16:10 5.450 2,200 +0.120 Credit Suisse State Street
16:10 5.450 5,500 +0.120 Anonymous State Street
16:10 5.450 10,000 +0.120 CIBC State Street
16:10 5.450 6,700 +0.120 Genuity Capital State Street
15:59 5.460 1,700 +0.130 TD Securities RBC
15:59 5.460 1,400 +0.130 TD Securities Anonymous
15:59 5.460 1,000 +0.130 ITG Anonymous

[Kostolany4]

Aktie scheint ein bißchen zu korrigieren (oft 50% der letzten Bewegung), das wären 4,75. Habe hier mein Kauflimit gesetzt.

[Punicamelon]

Antwort auf Beitrag Nr.: 32.737.039 von Kostolany4 am 12.12.07 11:57:07

Du hier??? Dann mal Herzlich Willkommen in der Welt des Kupfers!

[Asynchronmaschine]

und des URANS
22 Mill lbs
das scheint kaum einer zu wissen

dazu passt das
Zambia to approve uranium mining law by year-end
LUSAKA (Reuters) - Zambia plans to pass a new uranium law this month to allow foreign firms to start mining uranium on a large scale for use as a source of energy to drive its economy and for exports, a minister said on Wednesday.

Kalombo Mwansa, the minister of mines and minerals development, said the southern African country had drawn up guidelines on mining and exports of uranium in line with the International Atomic Energy Agency (IAEA).

The law would be approved before the end of December after consultations with the United Nations agency, to enable foreign firms that have been exploring for uranium to apply for mining licences in areas where uranium has been discovered, he said.

"We have already drawn guidelines for mining uranium which we handed to the ministry of justice. The justice minister is currently consulting the UN on the mining, storage and transportation of uranium," Mwansa told Reuters in an interview.

"A statutory instrument (legislation) will be signed before the end of December. Once we publish the law, we will begin to process applications and ask (more) mining companies to apply for licences," he added.

"Our legislation must be in line with the guidelines for the International Atomic Energy because of the sensitivity surrounding uranium," Mwansa said.

Mwansa said uranium had been discovered in parts of mineral-rich Zambia and that more licences would be awarded to foreign firms for exploration of uranium in other parts of the country which the government believed had uranium deposits.

"Currently we have uranium deposits in north-western and southern provinces, but we feel more deposits can be found with much more exploration in other parts of the country," Mwansa said.

Mwansa said Zambia in future would export energy derived from uranium to neighbouring countries, but he gave no further details.

He said uranium would contribute more foreign exchange to the treasury of a country that ranks among the world's largest copper and cobalt producers.

"Apart from bringing in more foreign exchange, the new uranium mining companies will create more jobs for our people," Mwansa said.

Copper and cobalt mining is Zambia's main economic lifeblood although other minerals such as uranium and nickel have been discovered recently.

Some of the foreign firms prospecting for uranium in Zambia are Australia's Africa-focused miners Albidon Ltd and Australia-based African Energy Resources, have jointly discovered more uranium deposits in southern Zambia.

Others are Lithic Metals and Energy Ltd, which is listed on London's Alternative Investment Market and Equinox Minerals Ltd, all of which have said they have found good results in their exploration areas.

[Punicamelon]

Antwort auf Beitrag Nr.: 32.743.867 von Asynchronmaschine am 12.12.07 19:31:12

Fragt sich bloss zu welchem Cuttoff und zu welchen Abbaumengen! Hohe Ressourcen haben viele, aber abbaufähig mit anständigem Gewinn, sind die Wenigsten.
Die Erschliessung der Uranressourcen incl der FS wird minimum weitere 1-2Jahre in Anspruch nehmen, vorerst kein Thema, wichtier ist es, dass China auch nach den US Wahlen konstant im Rennen bleibt und die Kupferpreise stabil bleiben.

[Asynchronmaschine]

Equinox Minerals Limited (TSX and ASX symbol: “EQN”) (“Equinox” or the “Company”) is pleased to report that the Company’s Uranium Feasibility Study (“UFS”) infill drilling program at its Lumwana Project in the Northwestern Province of Zambia has further defined and confirmed discrete zones of high grade uranium mineralization within the larger Malundwe copper ore body currently being mined as part of the Lumwana Copper Project development. Intercepts of note include 17 meters of 0.56% U3O8 (hole MLW0062), 11 meters of 0.75% U3O8 (hole MLW0159), 6 meters of 1.41% U3O8 (hole MLW0192) and 2 metres of 2.56%U3O8 (hole MLW0115).
...

[Asynchronmaschine]

Equinox Passes 75% Development Completion at Lumwana Copper Project

Equinox Minerals Limited (TSX and ASX symbol: “EQN”) ("Equinox" or the "Company") is pleased to announce that in connection with the execution of the US$407.6 million Lumwana Copper Project fixed price EPC construction contract (“EPC”) as announced on October 16, 2006, the Ausenco Limited (ASX symbol: “AAX”) and Bateman Engineering NV (LSE-AIM symbol: “BATE”) groups (collectively the “EPC Contractors”) passed the 75% completion milestone during November 2007.

In accordance with the Company’s agreement with the EPC Contractors, Equinox will issue common shares within the contractual period to the value of C$4,317,892 (US$4,314,009) as part of the third quarterly milestone payment.

Commenting, Craig Williams, Equinox President and CEO said: “Equinox has achieved another significant milestone which formally signifies the Lumwana development has now passed the 75% completion mark. In an industry environment experiencing significant project overruns and delays, the Equinox Team and our EPC Contractors continue to deliver Lumwana on schedule and budget for commissioning in mid-2008.”

[Asynchronmaschine]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[FunKyStufF]

hach...auch wenn hier nicht viel los ist: EQN ist immer noch der Hort der Sicherheit bei dem Gemetzel im Minen- und Explorersektor zur Zeit...

[FunKyStufF]

Schon etwas älter, aber dennoch m.E. interessant:

First Quantum and Equinox: analysts weigh in on possibilities
Posted: December 07, 2007, 3:49 PM by Jonathan Ratner
Mining, Takeovers
First Quantum Minerals Ltd. may have nearly doubled its stake in Equinox Minerals Ltd. to 17.3% this week, but it will likely be quite some time before it pursues a full takeover, analysts said Friday.

“We believe that it is likely [First Quantum] will want to buy the rest of [Equinox] shares at some point. However, this may not happen for quite some time given that he Zambian government plans to increase its royalty to 3% (from 0.6%) and corporate tax to 35% (from 25%),” wrote Blackmont Capital analyst George Topping. “Therefore, we advise investors to move on to the next takeover opportunity, such as Chariot.”

First Quantum has several operating copper mines in central Africa, while Equinox is currently building its first copper project in Zambia, and a takeover does make sense, given that First Quantum has a mine just 65 kilometres from Equinox’s Lumwana project, wrote UBS Investment Research analyst Tony Lesiak.

“We have long believed that consolidation in the copperbelt is logical from a synergy perspective. This acquisition may fast-track the process,” he wrote.

If First Quantum does pursue a takeover, Equinox shareholders could see a healthy premium to the $5.52 it closed at on Thursday, RBC Capital Markets analyst Fraser Phillips estimated.

“Using the metrics from Teck Cominco’s acquisition of Aur Resources … results in an implied valuation range of $6.15 to $6.71,” he wrote. “[But] First Quantum could potentially wait for [Lumwana] construction to be completed and for the project to be sufficiently derisked.”

Lumwana is expected to complete construction next year, although the analysts said potential construction delays constitute a key price target impediment.

The three analysts have widely divergent views on how well the stocks will perform. On Equinox, Blackmont’s target is $5.75 while RBC’s stands at $4.20. On First Quantum, UBS predicts $114, while RBC is targetting $95.

Nathan VanderKlippe

[Asynchronmaschine]

in australien 6,19
=3,74eu

[FunKyStufF]

Fotos vom Dezember online:

http://www.equinoxminerals.com/development/lumwana-developme…

[Asynchronmaschine]

Uranium exploration in Africa spurred by global hunger for cleaner, cheaper energy
Resurgent global interest in nuclear power has made Zambia, a southern African nation better known for its vast copper reserves, into a hotbed of uranium exploration.

The search for uranium in Zambia is part of a larger wave of uranium exploration and mining across mineral-rich southern Africa that is raising hopes of new jobs and tax revenue, but also sparking debates over safety and security. Many countries are looking for cleaner and cheaper alternatives to oil and coal power, and uranium prices are high after a decades-long slump.

African Energy Resources Ltd., an Australian-owned mining outfit, is drilling on the southern border with Zimbabwe. Canadian-owned Equinox Ltd. said in November that there is high-grade uranium in the Lumwana open pit copper mine in northwestern Zambia, and hopes to begin stockpiling it next year.

Zambia's government is now completing new regulations to cover the mining, processing and export of uranium products, says Maxwell Mwale, Zambia's deputy minister of mines and mineral development for large scale mining projects.

"We are assured of a market in the sense that demand for nuclear power is increasing. Now there are these global warming concerns and issues of reducing carbon emissions, so nuclear power is attractive," Mwale told The Associated Press. "We had to put in place regulations that conformed to International Atomic Energy Agency standards."

Elsewhere in Africa, exploration is ramping up across the border in Botswana. Namibia's uranium exporting industry has seen a revival, with a US$112 million expansion of the long-running Rossing open mine and the opening of a new mine in 2006 by Australian-owned Paladin Energy Limited.

It's the "biggest push on uranium exploration since the late '70s," says Alasdair Cooke, executive chairman of African Energy Resources, which has poured US$8 million into its exploration project with Albidon Mining Ltd., in southern Zambia over the past three years. "With the global energy market coming under so much pressure (from) new economies, uranium has become part of the mix."

Faced with domestic energy shortages, the government of South Africa released a draft nuclear energy policy in August pledging a rebirth in the country's uranium mining, processing and enrichment industries, and the construction of new nuclear reactors over the next decade. The region's economic powerhouse, South Africa gave up its nuclear weapons program following the end of apartheid in the 1990s but still has two nuclear reactors that produce 6 percent of the country's power.

The scramble for uranium marks a stark turnaround after a decades-long industry slump brought on by the 1986 disaster at Chernobyl that made nuclear power a dirty phrase, and the end of the nuclear arms race of the Cold War.

Concerns over climate change and pollution created by coal, along with high oil prices, have sent uranium prices from less than US$10 per pound at the start of the decade to a current price of about US$92 per pound. Many countries, including the United States, are planning to build new nuclear reactors, and China is looking to imported uranium for the many nuclear reactors it will use to help fuel its massive economic growth.

Mining companies are looking to countries across Africa. Niger is the world's fourth largest uranium supplier and produced 3,434 metric tons in 2006.

In southern Africa, the search focuses on the uranium-enriched crust of what geologists call the Karoo Basin. Namibia and South Africa are believed to hold six percent and seven percent, respectively, of the world's recoverable uranium resources, trailing only Australia, Kazakhstan, Canada and the United States, according to the World Nuclear Association, a nuclear power industry advocacy group.

Up-to-date estimates of Zambia's potential are hard to pin down. Here, long-standing uranium exploration started by Italian and Japanese investors ground to a halt in the 1980s.

"With the price increase we've seen in the last couple of years, the uranium resource is now quite economical" to mine, says Harry Michael, chief operating officer of Equinox Minerals Limited, an Australian and Canadian venture that is running Lumwana Mine, along Zambia's border with Congo. At Lumwana, uranium deposits mingle with copper, and will be mined as part of the same process.

Uranium mining could create valuable jobs in mining, transportation and other sectors in a country where about 20 percent of the work force is formally employed, deputy minister Mwale said.

"We would like to see (uranium) mining development so benefits can accrue to our people, and also in terms of revenue to the central treasury."

Other than more developed South Africa, most nations in the region will remain, for the moment, suppliers of uranium rather than users of it. How much those countries will benefit from their exports will be a key question for policy makers. The issue is sure get attention in Zambia, where the government has been promising for more than a year to increase taxes on foreign copper mining companies that secured minuscule tax rates early in the decade when copper prices were low, and are now reaping huge profits.

Even though nuclear power is seen by many as the environmentally friendly energy source of the future, industry officials still face opposition from some environmental groups and other skeptics.

Just east of Zambia, in Malawi, the government's grant of a uranium mining license to Paladin, sparked complaints from the Center for Human Rights and Rehabilitation. The Malawian government has a 15 percent stake in the project. While the local group acknowledged that the almost US$200 million mining project could create jobs and profits, it questioned its effect on the environment and whether "the economic benefits to Malawi through the introduction of uranium mining operations outweigh the social concerns and hazards associated with them," in a recent press statement.

Experts in the industry say that while radon gas emitted by uranium presents some radiation risks, modern technology makes them negligible to workers and the public. Radiation exposure is low in open cut mining, and can be further lessened by enforcing strict hygiene regulations on miners using uranium oxide concentrate, according to the industry's World Nuclear Association. In an underground mine, modern ventilation systems are needed to keep miners safe, the association says.

In some regions, the increased demand for uranium has prompted security concerns, especially amid reports of illegal uranium mining across the border in Congo — the same area that produced some of the uranium used in the atomic bombs dropped over Hiroshima and Nagasaki during World War II.

Counterterrorism experts worry about extremists getting radiation materials through a black market for nuclear components that operates despite attempts to tighten security. A growth in mining and processing could make security even more crucial.

Mwale, of the Zambia mining ministry, says that Zambia is being cautious.

"We are very particular, as a country, that there will be no lapses at any stage of the handling of the uranium product," he said. – Associated Press

[aurarius]

Uranium exploration in Africa spurred by global hunger for cleaner, cheaper energy ...
... Canadian-owned Equinox Ltd. said in November that there is high-grade uranium in the Lumwana open pit copper mine in northwestern Zambia, and hopes to begin stockpiling it next year.

es wird immer spannender mit eqn. der kupferpreis erholt sich auch recht ansprechend.

nach dem jüngsten absturz war ich gestern (wenn auch nur kurz) mit 0,04 euro pro share schon wieder grün. für mich hat sich meine geduld gelohnt. schade, dass ich mit dem einstieg zu lange gewartet habe.
macht mir aber nix, ich habe noch viel mehr geduld...

[aurarius]

gleich nochmal einen draufgesetzt...

Gute Nachrichten sorgen für Anstieg des Kupferpreises
Leser des Artikels: 345

Nachdem der Preis für Kupfer seit Anfang Oktober diesen Jahres rückläufig ist, setzte er in den letzten Handelstagen zu einer Jahresendrallye an. Die Gründe für den Preisanstieg sind positive Nachrichten aus China.

Das Finanzministerium in Beijing kündigte auf seiner Webseite die Streichung einer 2-prozentigen Importsteuer für veredelte Kupferprodukte an. Dies sollte einen positiven Einfluss auf den Import des Metalls durch den weltweit größten Konsumenten von Kupfer haben. Die Importe aus Chile nach China sind bereits steuerbefreit.

Im Vergleich zum Vorjahr kletterte der Import von veredeltem Kupfer in China in den 11 Monaten bis zum 30. November um 84 % auf 1,4 Mio. Tonnen. Im November importierte China 103.410 Tonnen an Kupfer und damit 5,4 % mehr als im Vormonat und 55,8 % mehr als im Jahr zuvor.

Zusätzlich erhielt der Kupferpreis Unterstützung von Berichten der London Metal Exchange (LME), wonach die Kupferbestände um 100 Tonnen auf nun 198.225 Tonnen schrumpften.

Auch in Shanghai fielen die Kupferbestände um 2,5 % auf 25.722 Tonnen, dem niedrigsten Level seit dem 01. Februar diesen Jahres. Ein chinesischer Metallhändler sprach von einer hohen physischen Nachfrage in den letzten Wochen, auch von privater Seite. Es gab wohl Befürchtungen eines drohenden Angebotsdefizits.

Insgesamt liegen die Lagerbestände an Kupfer derzeit bei 237.902 Tonnen. Dies entspricht einem durchschnittlichen Weltverbrauch in Höhe von 4,8 Tagen. Im Jahresverlauf lagen die Bestände im Durchschnitt bei 4,9 Tagen des weltweiten Kupferbedarfs.

Der Kupferpreis gilt als wichtiger Indikator für die Entwicklung der Weltkonjunktur. Das Aufkeimen der Subprime-Krise in den USA und die eventuell daraus resultierenden Spätfolgen für die amerikanische Wirtschaft schürten Rezessionsängste auf dem weltweit zweitgrößten Konsumentenmarkt für Kupfer.

Daraufhin kam es ab Mitte Oktober zu einem Abwärtstrend beim Kupferpreis, der erst vor wenigen Tagen mit dem aktuell positiven Sentiment für Kupfer stoppte und zumindest für eine kurzfristige Gegenrallye sorgte.

Ein weiterer Indikator für die Erwartungshaltung der Märkte stellt das Verhältnis von Calls zu Puts dar. Derzeit übersteigen die Calls für das Industriemetall die Puts um das 2,3-fache. Dies bedeutet, die Marktteilnehmer erwarten in der nahen Zukunft einen Anstieg des Kupferpreises.

Autor: Sven Olsson

[Asynchronmaschine]

kursziel
20 can dollar
rein aus den fundamentalen daten
die sich zu eqn berechnen lassen

bedingung
uns kauft zuvor keiner auf

[Asynchronmaschine]

ein tolles eqn jahr geht zu ende




LUMWANA gooooooooooooooooo

[aurarius]

@all

guten rutsch und ein gesundes und erfolgreiches 2008.

[Asynchronmaschine]

ein wunderbares jahr liegt vor uns
schluss 2007 bei 5,50
auf gehts EQN
lets ROK LUMWANA

[Diego22]

Antwort auf Beitrag Nr.: 28.072.945 von Asynchronmaschine am 02.03.07 17:32:00

Wen aus dem Trio, Equinox, Mercator und Roca traust du 2008 die bester Performance zu?

[snowflyer1]

Antwort auf Beitrag Nr.: 32.909.379 von Diego22 am 01.01.08 14:32:41

Diese frage könnt dir auch der chart beantworten, schau welche der 3en den rutsch im august und spät herbst am besten weg gesteckt hatt Das ist auch mein favorit, hatte das edle teil früh schon im depot aber dan irgendwan die gewinne mitgenommen (passiert mir öfters hatte ende 2006 zb XE im depot aber nach gut 100% verkauft und somit weitere 600% verpasst, XE war 2007 immerhin an der TSX.V performer No:2) , aber 2008 reite ich wieder mit.

Mag meine favoriten auf W-O fast nicht nennen, das lockt meist nur spinner und basher an, hier ist einer der wenigen guten threads

von daher mein absoluter liebling neben EQN ist EGD!

Schaut euch die hammer charts an! Beide super stark auch in schwachen zeiten.




EGD alls driller hatt den vorteil das man selbst kein explorations risiko trägt, und trotzdem ist EGD einst der schnellst wachesenden companys an der TSX.
EQN ist auch eine traum story, hier ist das hauptrisiko der kupferpreis und evt verzögerung des minng starts, was ja leider oft vorkommt, oder eqn wird geschluckt.
Das sind meine beiden qualitätspferde 2008 (macht was draus und zieht keine basher an, EGD hatt hierzulande kaum umsätze kaufen würde ich nur in can!)


Die chancen auf eine rally im ganzen explorations sektor stehen aktuell gut, wichtig wäre das die im januar startet.
2008 ist ein US wahl jahr, die sind ja meist nicht schlecht für die haupt börsen! Und wen auch alle stricke reissen haben solche werte gute chancen auch im schwachen markt gut auszusehen!

Weiter ist am 20&21 Januar die Vancouver Resource Investment Conference, und EQN und EGD sind natürlich mit von der party.
http://www.cambridgehouse.ca/

allen ein tolles und vorallem gesundes 2008!

[Punicamelon]

Antwort auf Beitrag Nr.: 32.909.379 von Diego22 am 01.01.08 14:32:41

Roca ist schon fertiger Produzent, daher ist starke Kursfantasie nur durch Neufunde möglich, die ich momentan nicht sehe. Basismetallsteigerungen haben einen abgeschwächten Hebel.

Mercator und Equinox liegen vom KGV her Beide gleich, Kupfer hat die höheren Basispreisschwankungen.
Molybdänwerte liegen dagegen generell am Boden, siehe auch Moly Mines, daher würde ich sagen, Mercator gewinnt die Jahresrallay, weil die Freude grösser sein könnte, wenn es dann doch Anders läuft, als allgemein angenommen (Rezession).
Vollproduktion Molybdän wird daher mehr belohnt, als Vollproduktion Kupfer.

[snowflyer1]

Antwort auf Beitrag Nr.: 32.910.963 von Punicamelon am 01.01.08 21:45:48

der chart von async.


klar es ist schwierig zu sagen obs so weiter läuft, die chancen stehen gut wer so stark ist im schwachen umfeld...

die vola ist bei eqn fast am schwächsten, gleichmässiger kletterer steckt rückschläge sauber weg und es ist gut denkbar das s für qn diverse intressenten gibt, die werden alle fühzeitig an der börs anteile sichern, der gleichmässige hohe umsatz im 2007 deutet darauf hin das da nicht nur private käufer dran sind.

stimmt nach anfänglicher moly euphorie durch sprott hatt sich das wieder ziemlich gelegt, ob sich das wieder ändert? schwer zu sagen.

[Diego22]

Antwort auf Beitrag Nr.: 32.911.145 von snowflyer1 am 01.01.08 22:10:25

Danke für die Antwort!

Kurz zu EGN - ist mir völlig unbekannt, kannst du mir kurz sagen was die machen (Driller?). Kurs? usw.

Per Boadmail

Danke

[Asynchronmaschine]

das wird ein spannendes rennen
eqn ist ja nicht nur kupfer
sie haben ja auch ne menge uran
und news dazu stehen im januar an
dazu ihre beachtliche explorationsfläche von
21.000 km^2
ich sehe ohne übernahme kurse von 20 can dollar und mehr

ML ist ja moly mit nebenprodukt kupfer und silber
30-40 can dollar sind hioer durchaus möglich

einzig roca hat momentan nur ein produkt
2ststellige kurse sind hier möglich


die bewertungskennzahlen
bei allen 3 sind dermassen klein
dass ich mich nicht festlegen kann
wer besser laufen wird
deshalb habe ich alle 3

den tsx jahressieger wird man nie im depot haben
letztes jahr 7.000%

[Asynchronmaschine]

nahezu ATH
noch 3 cent

[kokkie535]

Das ist einfach der Wahnsinn wie diese Aktie sich selbst an solch von negativen Schlagzeilen geprägten Tagen entwickelt.


Ich bin und bleibe begeistert.


Frohes neues Jahr allen.

[Asynchronmaschine]

ATH

[snowflyer1]

Antwort auf Beitrag Nr.: 32.917.981 von kokkie535 am 02.01.08 18:43:56

heute ist fast meine ganze explorer watchliste grün, gabs schon lange nicht mehr, gold knallt hoch, das lässt das minus von 220punkten beim dow gut verkraften. (morgen sollte der dow grün sein, der 2 handelstag ist sehr oft einer der besten vom ganzen jahr)



@diego 22

energold drilling ist eine bohr firma, EGD ist speziallist für bohrungen in heiklem gelände, bohrtiefen von etwa 2000meter, die auftragsbücher sind zum bersten voll, neues bohrgerät wird ständig dazugekauft (eigene gerätschaften nicht gelast!) . keine schulden, einiges an cash reserven und egd wirft gewinne ab, egd hält noch ein dickes aktien paket von impact silver.
das so als groben umriss (für mehr infos=EGD page oder hier gibts auch ein thread dazu), habs hier gschrieben evt intressierts ja noch andere.

EQN + 0,23c$
EGD + 0,15c$

[Asynchronmaschine]

bei den us vorgaben
in australien sehr gut gehalten
und kanada schluss sogar übertroffen

[Asynchronmaschine]

die 6 ist bald fällig
zurücklehnen und "steuerfreiheit" geniessen

[snowflyer1]

Antwort auf Beitrag Nr.: 32.927.376 von Asynchronmaschine am 03.01.08 16:16:39

wan hast du eqn zum erstenmal gekauft? hast du im sommer durchgehalten? war ja ganz schön was los, für die steuerfreiheit muss man auch was aushalten



RSR hatt so am rande auch mal was zu eqn gesagt, so mitte dezember:

First Quantum Minerals (CAD-Kürzel FM), seines Zeichen
größter Kupferproduzent Afrikas, hat seinen Anteil an Equinox
(EQN, siehe Chart rechts!), welche mit der Lumwana-
Kupfermine in Sambia eines der größten Kupferprojekte auf
dem schwarzen Kontinent besitzen, auf 17 % aufgestockt. Man
kaufte 41,3 Millionen Equinox-Aktien hinzu und besitzt nun
97,5 Millionen Anteile. Eine Übernahme schloss First Quantum
zwar aus (man kaufe die Aktien aus
„Investmentzwecken“), aber ein Eingreifen in die begehrte Gesellschaft
kann nicht ausgeschlossen werden. Denn die Lumwana-
Mine von Eqinox liegt nur 65 Kilometer westlich des First
Quantum-Flagschiffs „Kansanshi“. Wer bei Equinox nicht dabei
ist, sollte bei einem 10-15 % Rücksetzer, der bei einer weiteren
Kupferpreis-Korrektur möglich ist, eine Anfangsposition
eingehen! - - -


Das muss man auch nicht unbdingt verstehen, micro explorerklitschen werden bei einem ausbruch auch 50% teuer als noch am vortag gekauft, equinox muss man aber unbedingt nach einem 15% rücksetzer kaufen ja und deswegen den nächsten verdoppler verpassen.

Vom aktuellen goldbrief:

• Wir gehen mit ziemlicher Sicherheit davon aus, dass nunmehr - bis mindestens
Februar bzw. längstens Mai 2008 – ganz erhebliche Kursanstiege bei den GOLD-,
SILBER- und PALLADIUM –Preisen erfolgen werden!
Eine Verdoppelung des SILBERPREISES ist dabei nicht auszuschließen.

Könnte ein guter start ins jahr werden, wär schön wen der dow und co auch mitspielt.

[Asynchronmaschine]

2006
und durchgehalten bis heute
fundamental so gut werte
gebe ich nur ungern zu früh aus den händen
hier sind
ich wiederhole mich
20 can dollar drin
da muss man geduld beweisen und auch mal rückschläge
aussitzen

[Asynchronmaschine]

drüben gekauft
ebenso ML und ROK und andere
noch bevor sie hier handelbar waren

[Asynchronmaschine]

schluss
5,76
ATH

[snowflyer1]

Ich find den kupfer chart voll ok, die schwäche gegen winter hin war ja letztes jahr schon so, das ist sogar gesund und dürfte bald ausgestanden sein.


5 jahres chart copper


lagerbestände sinken



copper 1950-2010



outlook


chinas gewaltiger rohstoffhunger, diese zahlen verdeutlichen es wie wichtig china ist



Ich traue unter diesen umständen eqn 2008 locker ein 100% move zu, gerade in unruhigen zeiten ist eqn eine wohltat in jedem depot

[Asynchronmaschine]

alles um die 3 usd/lb ist ok
dazu 90 für uran


auch wenn ich meine shares nicht in deutschland gekauft habe
im ask leuchtet die 4 auf

[snowflyer1]

Antwort auf Beitrag Nr.: 32.935.778 von Asynchronmaschine am 04.01.08 09:30:13

Ja hoffen wir mal der dow j. spielt schön mit, würde der richtig abtauchen würde das wohl überall durchdrücken.

Viele prof. händler sind noch in den ferien und kommen erst nächste woche zurück, hoffen wir das das umfeld so wie 2007 bleibt

EQN kan auch mit schwachen märkten sehr gut.

[FunKyStufF]

5,80 CAD bald durchstoßen wir die 6...

[kokkie535]

Diese Aktie macht Freude selbst in schweren Börsenzeiten kennt Equinox nur eine Richtung

Ich bin gespannt was hier abgeht wenn der Markt wieder konstant nach oben dreht.

[Asynchronmaschine]

viel fehlt nicht mehr
rt 5,94
hoffentlich werden wir nicht übernommen
dann sind hier 20 can$
kein problem

[Asynchronmaschine]

da war die 6


jetzt leicht drunter
aber das wird schon

[Asynchronmaschine]

da isse wieder
die 6
6,03

[Asynchronmaschine]

schluss
6,01

[kokkie535]

Hervorragend

[snowflyer1]

Auf die analysten pfeif ich einen, ich mag mich noch gut erinnern: just an den tops der dot.com blase haben 85% aller analysten internetaktien auf strong buy gesetzt

---
Equinox takeover could unlock further value at Lumwana
Posted: January 07, 2008, 11:29 AM by David Pett
Mining, Takeovers
A takeover of Equinox Minerals Ltd. could be the necessary next step to unlock the copper miner's true value, according to UBS analyst Alec Kodatsky.


For weeks now, Equinox has been at the centre of takeover rumours with First Quantum (FM) topping the list of potential acquirers after announcing late last year it had increased its stake in the company to 17.27%.

Up for grabs is Equinox's world class Lumwana copper project in Zambia, which is scheduled to commence production in the second quarter of 2008. The mine is slated to produce over 145,000 tonnes of copper annually over an estimated mine life of 37 years.


"We believe that Equinox built the largest project it believed it could finance, and if capital availability were not a concern Lumwana would have been larger," Mr. Kodatsky said in a note to clients. "Therefore, if Lumwana were in the hands of a cash rich company, such as FM or another similar firm, we believe the project could be expanded sooner than if it remains with Equinox, given Equinox's need to repay the project debt facility and potentially finance the uranium project."

Mr. Kodatsky said a cash rich acquirer could could expand production at Lumwana from the current 20 million tonne nameplate to approximately 40 million tonnes or average yearly production of 224,000 tonnes over a 20 year mine life.

That, he added, would result in a total net asset value somewhere around US$7.45 per share versus the current estimated net asset value of US$6.64 per share.

He told clients the current stock price doesn't value the unlocked potential, but said a takeover, should it happen, would incorporate this potential in its bid premium.

Mr. Kodatsky increased his price target from $5.50 per share to $6.75 per share and left his "buy" rating unchanged.

-------

Wen eqn die 7.45c$ im märz über rennt kan der kolege sein price target wieder mal upgraden

Sind wir froh haben wir ne ordentliche posi EQN in unseren depots, freuen uns an dieser edlen dame und bleiben weiterhin bescheiden.

EQN werde ich auch ende jahr noch im depot haben, hoffen wir das man uns ned vorher linkt mit einem läpischen kaufpreis!

[Asynchronmaschine]

es wird sicherlich bald mal ein bankhaus
ganz andere kursziele in den raum werfen
ich würde das auch übernehmen
+ analyse
nur liest das eh keiner
wir sind ja höchsten 15 anleger in deutschland
die eqn halten
was für ein fehler der anderen

[Asynchronmaschine]

heute schon beachtliche 203 stücke gehandelt
mhmm
und das bei dem kursverlauf

[Asynchronmaschine]

6,15
bald fällt die
SIEBEN

[aurarius]

Antwort auf Beitrag Nr.: 32.980.847 von Asynchronmaschine am 08.01.08 15:51:49

...oder die 6

[Asynchronmaschine]

ja
die 6 euro

sind auch bald dran

[snowflyer1]

Antwort auf Beitrag Nr.: 32.982.380 von Asynchronmaschine am 08.01.08 17:32:03

JA seh ich auch so.

Einzig würd ich es lieber sehen wen der dow nicht seinen uptrend bricht, jetzt stünde die ganze rohstoffsparte auf grün, störfeuer sind grad ungünstig.

EQN lässt einem schon ruhig schlafen, war immer wie ein fels in der brandung auch bei sturm, auch wens mal in paar rote tage gibt...





schön zu lesen> (quelle: godmodtrader)


KUPFER - Festhalten! Der Zug fährt bereits wieder los.

Kursstand: 7.274 $ pro Tonne

Kursverlauf von November 2006 bis 08.01.2008 (log. Kerzenchartdarstellung / 1 Kerze = 1 Tag)

Rückblick: Wenn man sich heute die Kursbewegungen an den Rohstoffmärkten anschaut, fällt der deutliche Tageskursgewinn von dem Basismetall Kupfer auf. Um 4,54% konnte der Preis pro Tonne ansteigen auf aktuell 7.274 $.

Der Kursverlauf seit Mai 2007 zeigt ein inverses nach unten offenes Chartelement. Hierbei handelt es sich um eine Range, deren untere Begrenzung schräg nach unten rechts aufgeklappt ist. Solche inverse Chartelemente sind Zeichen einer zunehmenden Volatilität im betrachteten Zeitfenster. Im Dezember 2007 konnte der Kurs auf der Unterkante dieses Chartelements nach oben abprallen (s. beigefügte Chartgrafik).

Während des Monats Dezember konnte sich außerdem auf besagter Unterkante, die als Unterstützung fungierte, eine inverse SKS Bodenformation ausbilden, die durch den heutigen Preisanstieg über 7.050 $ ausgelöst wird.

Charttechnischer Ausblick: Es liegt ein Kaufsignal vor mit Kursziel im Bereich von 8.200 $. Für Neu-Engagements eigentlich eine annehmbare Ausgangsbasis bezgl. des Chance/Risiko Verhältnisses. Meine Chance sind ca. 900 $ Anstieg, mein Risiko bis zu einem sinnvollen Stoploss bei 6.650 $ sind ca. 600 $. Damit liegt ein Chance/Risiko Verhältnis von 1,5 vor. Ich kann mehr gewinnen, als ich bereit bin zu verlieren.

[aurarius]

gestern war und heute nacht in asien war es schon sehr komisch :

hustet der dow, dann müssten die asiatischen märkte doch sehr leicht grippe kriegen - dem war aber nicht so.
hustet der dow (vor allem wegen zu wenig verkauften häusern), dann müssten die industriemetalle eigentlich auch eher abgeben - war aber auch nicht so.

wenn ich mein rohstoffdepot so anschauhe, dann war es auch gemischt: teilweise zugelegt, teilweise fast unverändert, teilweise etwas abgegeben.

equinox hat abgegeben, vielleicht waren das gewinnmitnahmen ??

das equinox fallen muss, konnte nur wenigen klar sein. ich gehöre dazu! wie kann ein wert an dem tag steigen, an dem ich nachlege

wir werden die nächsten tage sehen, wie man die sache dow einschätzt. wie schon angesprochen. auch in schlechten zeiten hat sich das ding durchgesetzt

schauen wir was der markt für argumente konstruiert :

-rohstoffwerte müssen aufgrund der starken preise steigen
oder
-rohstoffwerte müssen fallen, weil es dem dow schlecht geht

[aurarius]

Ein echter Erdrutsch!
Leser des Artikels: 1877

Warum brechen die Märkte ein?

Die amerikanischen Aktienindizes mussten in den vergangenen zwei Wochen deutlich abgeben. Der Dow Jones hat seit Weihnachten rund 1.000 Punkte oder ca. 7% abgegeben. Eine deutliche Bewegung. Aber warum?


Bestellen Sie jetzt meine kostenlose Prognose für 2008. Neben den Prognosen für die wichtigsten Aktienmärkte werden wir uns auch den Währungs-, Zins- und Rohstoffmärkten widmen. >> Einfach jetzt hier anklicken und die Prognose unverbindlich und kostenlos anfordern! <<


Dow Jones Tageschart

Betrachtet man sich den Kursverlauf der letzten Tage, so lässt sich der schwache Jahresstart nicht übersehen. Doch Sie kennen bereits meinen Vergleich mit dem Jahr 1998. Weitere Details zu dieser Parallele finden Sie auch in meiner Jahresprognose, die Sie sich unter www.gruener-fisher.de kostenlos anfordern können. Ein kurzer Rückblick: Der Dow Jones musste auch 1998 einen schwachen Jahresstart und kurzen Kursrutsch verdauen. Vom 05. Januar 1998 bis zum 12. Januar 1998 verlor der Dow Jones rund 8%. Anschließend begann - wie auch beim DAX - die Rallye bis in den Sommer 1998. Der Dow Jones legte vom Tief am 12. Januar 1998 bis zum Hoch am 17. Juli 1998 um satte 27% zu.




Bild vergrößern


Die Gründe für diesen Rutsch?

In den Medien werden jetzt wieder reihenweise die alten Themen und Ängste der letzten Wochen aufgezählt: Subprimekrise, drohende Rezession in den USA, wachsende Inflationsbefürchtungen und die allgegenwärtige Kredit- und Finanzkrise. Doch es gab in den letzten Tagen keine nennenswerten Neuigkeiten zu diesem Thema.

Warum fallen dann aber die Kurse? Eigentlich gibt es nur eine echte und deutliche Veränderung im "Umfeld" der Finanzmärkte. Der Wahlkampf in den USA hat eine deutliche Verschiebung der Gewichte erfahren. Auf Seiten der favorisierten demokratischen Bewerber im Rennen um die amerikanische Präsidentschaft hat sich Barack Obama rasant von Hillary Clinton in den Umfragen und Wettbörsen distanzieren können. Während Hillary Clinton noch vor wenigen Tagen mit fast 30% Abstand in den Wettbörsen vorne lag, hat sich dieser Vorsprung nun innerhalb der letzten Woche ins glatte Gegenteil verkehrt. Barack Obama lag per gestern bei z.B. tradesports.com mit 75 zu 23 in Führung. Ein echter Erdrutsch!

In der heutigen Nacht dann die erneute Wende! Hillary Clinton konnte die Vorwahl - allen vorherigen Umfragen zum Trotz - gegen ihren heftigsten Widersacher Obama gewinnen und damit ihre Favoritenrolle wieder zurückerobern. Die Internetwettbörsen führen Clinton aktuell bereits wieder mit 56:40 vorne.

Märkte lieben keine Überraschungen und Unsicherheit. In diesem Punkt ist eine zuverlässige Prognose über den Ausgang der US-Wahlen zur Präsidentschaft im November 2008 sehr schwierig. Selten war das Rennen so offen wie in 2008. Unter den Bewerbern der Republikaner hat sich bisher noch kein echter Favorit heraus kristallisiert. Ein Punkt erscheint mir daher recht sicher: Die hohen Schwankungsbreiten in den Umfragen werden in den nächsten Wochen und Monaten für Verunsicherung unter den Investoren sorgen. Neben den Befürchtungen um eine Rezession in den USA – verbunden mit Gewinneinbrüchen der Unternehmen – sollte uns der US-Wahlkampf im laufenden Jahr in Atem halten.

Bestellen Sie jetzt meine kostenlose Prognose für 2008. Neben den Prognosen für die wichtigsten Aktienmärkte werden wir uns auch den Währungs-, Zins- und Rohstoffmärkten widmen. >> Einfach jetzt hier anklicken und die Prognose unverbindlich und kostenlos anfordern! <<


Fazit

Finanzmärkte lieben verlässliche Rahmendaten und hassen Unsicherheit. Neben den Ängsten um eine mögliche Rezession in den USA - die sich aber in den letzten Tagen kaum verstärkt haben - sorgt der US-Wahlkampf für Turbulenzen. Diese Entwicklung sollten Sie in diesem Jahr aufmerksam beobachten. Ein spannendes Rennen um die Vorherrschaft im Weißen Haus ist garantiert. Die eine oder andere Überraschung sollten Sie einkalkulieren.



Autor: Thomas Grüner

[snowflyer1]

Antwort auf Beitrag Nr.: 32.991.232 von aurarius am 09.01.08 12:09:55

hmm Thomas Grüner schreibt zwar viel und wohl auch wahres in dem artikel aber leider hatt der text ja null aussage!

Im prinzip viel gesagt und doch nichts was man nicht eh schon selber weiss, oder seht ihr daraus ne konkrete handlungs empfehlung oder ein szenario das was hergibt?


Naja EQN aktionäre brauchen eh keine empfehlungen

[Asynchronmaschine]

Chile's state copper commission, Cochilco, said on Wednesday it expected average copper prices of about $3.10 per lb in 2008 amid continued tight inventories and strong demand from China.
Cochilco Executive Vice President Eduardo Titelman said copper production in Chile, the largest producer of the metal, will likely come in at 5.7 million tonnes in 2008, up 3.4 percent from 2007 as Codelco's Gaby mine enters production and output rises at BHP Billiton's (BHP.AX: Quote, Profile, Research) Spence mine and at the Collahuasi mine controlled by Xstrata Plc (XTA.L: Quote, Profile, Research) and Anglo American (AAL.L: Quote, Profile, Research).
Chile likely produced some 5.5 million tonnes in 2007, Cochilco's Titelman said.
He said Cochilco estimated molybdenum production in Chile to fall in 2008 to 40,000 tonnes, from an estimated 44,500 tonnes in 2007.
Titelman said the copper market would remain tight in 2008, with demand of some 18.4 million tonnes versus output of 18.5 million tonnes.
For 2009, Titelman said copper prices would likely remain strong as well, near $2.70/lb. Copper prices are currently around $3.26/lb in New York.
Separately, the chief executive of Chile's Codelco, Jose Pablo Arellano, said copper demand in the United States had slowed as demand from the housing market declined. Continued...
View article on single page
"Indeed, the U.S. market is a little weaker, but fortunately Asia and in particular China remain firm," Arellano told reporters in the Chilean capital Santiago.
He said 70 percent of growth in global copper demand comes from China.
Earlier this week state-owned Codelco, the world's largest copper miner, said it had created a new management office that will be dedicated exclusively to developing new business in China.
Codelco said the China New Business office was created in December to consolidate Codelco's position in the Chinese economy.

[Asynchronmaschine]

demnächst news
Equinox is currently conducting a comprehensive Uranium Feasibility Study ("UFS") for the processing of the uranium ore stockpile that will be developed from the selective mining of the discrete uranium enriched zones within the Lumwana copper pits. The UFS will be completed in Q1-2008 and, subject to a positive decision from the UFS, will be followed by detailed design and construction, with uranium plant commissioning targeted for 2010.

was für eine perle
wir sind dann uranproduzent
während hunderte explorer davon träumen
holen wir das material schon aus der grube

[aurarius]

Antwort auf Beitrag Nr.: 33.001.638 von snowflyer1 am 10.01.08 02:17:28

habe den artikel in 2 threads eingestellt und keiner kann ihn mir interpretieren. irgendwie gott sei dank, dann muss ich mich nicht mehr dumm fühlen

[aurarius]

Wall Street Update: Bernanke-Rede sorgt für gute Laune, Einzelhandelswerte im Fokus
Westerburg (aktiencheck.de AG) - Die amerikanischen Börsen präsentieren sich am Donnerstagmittag New Yorker Zeit mit
Leser des Artikels: 35


Westerburg (aktiencheck.de AG) - Die amerikanischen Börsen präsentieren sich am Donnerstagmittag New Yorker Zeit mit freundlichen Tendenzen. Für gute Laune sorgt derzeit eine Rede von Fed-Chairman Ben Bernanke, worin er eine weitere Zinssenkung für möglich erachtete um damit der Immobilienkrise zu begegnen.

[snowflyer1]

Antwort auf Beitrag Nr.: 33.005.841 von aurarius am 10.01.08 13:45:36

doch das kan ich schon der sagt wohl absichtlich nichts konkretes aus, die leute sollen neugierig werden und sich sein letter abonnieren..... also werbung nicht mehr.


Ich persönlich halte zwar eh nicht allzuviel von solchen analysten. Die schwimmen einfach immer so mit der masse und dem markt.
ZB unten die meinung von UBS: Goldpreis prognose für 2008 von 760$, jetzt bricht gold aus und die checken ups zu tief, setzen gold nun auf 825$ und evt sei ein spike auf 1000$ möglich.
Nur sowas sehen wir ja alle selber aktuell das ist keine prognose sondern ein fakt, von daher finde ich sind analysten so sinnvoll wie ein wetterprophet der mir das wetter von gestern erklären will


UPDATE 1-RESEARCH ALERT-UBS cuts 2008 base metals price forecast


(Recasts, adds details) Jan 10 (Reuters) - UBS lowered 2008 price forecasts for
copper, lead, aluminium and zinc, saying it expects softening
demand growth in 2008 to result in tempered performance for the
base metals. UBS raised its 2008 gold price forecast, saying gold
companies were under intense operating pressure with the
strengthening of currencies and rapidly rising input costs. The brokerage said it sees gold averaging at $825 per ounce
in 2008 but could trade as high as $1000 per ounce at some
point.

UBS said outlook for precious metals looks positive amid
fears of U.S. recession, further U.S. dollar weakness and
continuing credit crunch. It added that 2009 could be a year of recovery for base
metals, where developing economies continue to grow rapidly and
this recovery could coincide with restocking, which could take
market balances into deficit and result in rising metals
pricing. Amongst the base metal companies, UBS upgraded Inmet Mining
(IMN.TO: Quote, Profile, Research) to "buy" from "neutral." The following table shows the 2008 price forecast changes:
Metals New price forecast Old price forecast
Copper $3 per pound $3.25 per pound
Lead $1.20 per pound $1.35 per pound
Zinc $1.15 per pound $1.50 per pound
Aluminium $1.23 per pound $1.40 per pound
Gold $825 per ounce $760 per ounce
Silver $15.10 per ounce $15 per ounce
(Reporting by Ratul Ray Chaudhuri and Nachiket Kelkar in
Bangalore


3$ und ein starkes 2009, damit können wir leben !

[snowflyer1]

schön anzuschauen! Da frag ich mich schon zt,die russische Ovoca gold hatt 1,2kg silber pro tonne, diverse bbs empfehlen die, ende 2008 wollen die produzieren, inzwischen hatt ovoca ein paar stollen in den berg getrieben sonst nix. Aber man wird 100 sicher ende 2008 starten mit der untergrund mine. ich schätze die leute wollen oft verarscht werden


---

Man das sind wahre monster, mit so einem würd ich auch gern mal buddeln, dürfte nicht ganz einfach sein.




----
Die roten felder mit 5000ppm, immerhin 0,5% U !
Mich freut das weitere standbein schon auch
Bin gespannt auf das uran update Q1 -08.

[aurarius]

Antwort auf Beitrag Nr.: 33.014.399 von snowflyer1 am 11.01.08 00:07:39

endlich sagt es einer, endlich... ich habe den gedanken einfach verdrängt. ich hatte nach zehnfacher überlegung noch versucht aus erfahrungsgemässen politsch kurzen beinen informationen zu ziehen.

entsprechend meiner intuition : mir erschien der krasse umschwung zum entsprechenden blatt einfach zu gezwungen. mein iq steigt schon wieder um 10 punkte

sollte man hier gefahr sehen ???? vielleicht ja! das thema politik in den usa ist noch nicht ausgestanden. clever angefangen ist vielleich clever aufgehört

wie ich über die wirklichen hintergrundgedanken der us-wahl denke will ich allerdings nich posten.

na ja, boardmail ist boardmail.....

[aurarius]

Antwort auf Beitrag Nr.: 33.022.604 von aurarius am 11.01.08 17:15:06

ich antworte mir einfach mal selber, weil ich innerhalb meines postings der faden einfach gerissen ist :

es ist doch klar, gold und silber steigen in unglaubliche höhen. was hilft das equinox. gar nix, schon gleich gar nix !!

edelmetalle haben andere regeln als industiemetalle, sie sind schwieriger! Es ist klar, das alles korrigieren muss, aber nach den jüngsten aussagen der fed und der ezb flüchten sich alle in gold und silber (obwohl der silverrun m.e. andere gründe hat).

kupfer muss durch preise glänzen. wie das allerdings gedreht wird... : jeden tag anderst ( wie das geht, das wüsste ich auch gern: rohstoffmakler scheinen unabhängig zu schreien, und die hammel rennen nach... zyklik hin oder her).

q-zahlen müssen bei produktion einfach her.

alle rennen (habe ich auch schon in anderen threads gepostet) den grossen hinterher. wissen auch schon längst alle, das das getan wird...

uran wird immer interessanter. wollen wir 1000 dollars hinlegen?

einfach warten, einfach warten, die jungs und mädels haben bisher alles super hingekriegt. sollte das kurz vor der produktion beendet sein ???

ach ja noch, ich bin kein pusher. im entsprechenden fall poste ich lieber geduld... eqn war schon viel billiger! chart gefällt mir !!

das kleine metallmonster würde ich auch gerne fahren. versprochen, ich bin maschinensteuertechnisch angehaucht !! ich kann viele spezialmaschinen bedienen, und was hilft es

[Asynchronmaschine]

LUSAKA, Zambia (Thomson Financial) - President Levy Mwanawasa on Friday announced the cancellation of all tax concessions for copper mining companies operating in Zambia, saying they were "unfair and unbalanced".

Mwanawasa, in his state of the nation address to parliament, said the development agreements which Zambia signed with foreign mining firms for tax concessions were not beneficial to his impoverished country.

"The government has, therefore, decided to introduce a new fiscal and regulatory regime in order to bring about equitable distribution of the mineral wealth," Mwanawasa said.

Zambia signed legally-binding development agreements with various mining firms to pay fixed taxes for periods ranging from 15 to 25 years at time when copper prices were low at the international market.

"The new regime introduces a windfall tax and a viable profit tax that has been designed to work in periods of both high and low prices," Mwanawasa said.

He said Zambia will now increase its tax rate for mining companies from 31.7 percent to 47 percent, which was still lower than the level in other copper producing countries.

"This effective tax rate will not adversely affect the companies' viability as their returns will remain well within the international norms," the president said.

Mwanawasa said with the new measures, Zambia is expected to earn in excess of 400 mln usd in additional revenue in 2008 while another 250 mln usd will be earned from companies that had tax concessions.

He said if these cancellation of the tax concessions were not made by his government, mining firms would have earned 4 bln usd in the 2008/9 financial year but only pay tax to the tune of 301 mln usd.

The Zambian government will next month table a bill in parliament to enforce Mwanawasa's cancellations of the development agreements which most key mining companies signed with the government.

[Asynchronmaschine]

rt 5,7
standen vorhin auch schon bei knapp
5,40


ist doch klar
die länder wollen nicht leer ausgehen

[Punicamelon]

Antwort auf Beitrag Nr.: 33.023.201 von Asynchronmaschine am 11.01.08 17:50:18

Das ist eine 50%ige Steuererhöhung und deutlich höher, als in vielen anderen Ländern üblich

Für mich ist das klar Negativ.

Gut, dass Equinox noch massiv im Wachstum ist, ein fertiger Produzent hätte nach sowas gleich mal -20% Kursabschlag.

[FunKyStufF]

Antwort auf Beitrag Nr.: 33.024.203 von Punicamelon am 11.01.08 18:56:00

...naja, wenn man sich First Quantum anschaut, die sind auch nur 3% im Minus, ist wohl eher der allgemeine Markttrend.

Die Steuererhöhung in Zambia war ja schon länger absehbar und war vermutlich bereits eingepreist...

[snowflyer1]

Antwort auf Beitrag Nr.: 33.023.228 von Asynchronmaschine am 11.01.08 17:51:42

hmm findest du den das korrekt?

Ich schon nicht so ganz, was wäre wen zb in zambia keiner nach kupfer buddelt?

Was hätte zambia alleine aus den boden schätzen gemacht? Sicher bis heute gar nichts, da würden jetzt nur ein paar lehm hütten stehen.

Wen zambia den halben profit will dan können sie auch die halben kosten übernehmen

Als negativ bsp stachen immer die südamerikanischen länder hervor, für viele investoren und miner ein grund da gar nicht merh aktiv zu sein, mit recht wen man die ganzen enteignungen zuletzt ansieht!

Ich hoffe africa übertreibt es nun nicht auch langsam... Bevor ich mir ein genaues urteil bilde schaue ich mal ob ich ein vergleich finde was sonst in africa so an steuer sätzen üblich ist.
Weiss das jemand?

Meine russland hatt bei öl 50%, was ja nicht grad das fairste land ist. Entree gold lief doch auch mal in den hammer als die steuern plötzlich auf 65% hoch schnellten!
Neulich habe ich mir BNK angeschaut (öl in albanien) die haben auch 50% steuern aber erst können sie ihre ausgaben alle decken, fand aber 50% schon sehr hoch.

[Asynchronmaschine]

das ist die zukunft in solchen ländern
sie werden sich nicht mehr gnadenlos ausnehmen lassen
sie wollen auch was von kuchen
eigentlich verständlich

[snowflyer1]

Zambia Wants More Copper Revenue
Friday January 11, 2:14 pm ET
By Lewis Mwanangbombe, Associated Press Writer
Zambian President to Hike Mining Taxes to Increase Copper Revenue


LUSAKA, Zambia (AP) -- Zambia's government will review agreements with mining companies so that the impoverished southern African nation may have a bigger slice of the cake from high copper prices, the president said Friday.

In his state of the nation address at the opening of parliament, Levy Mwanawasa said that tax revenues from Zambia's sole major foreign exchange earner had remained insignificant and that he wanted to increase them to raise funds for health care, education and infrastructure.

Canadian, Indian, Chinese and Australian mining companies that have invested heavily in the Zambian mining sector since its privatization are likely to be most affected.

Between 2004 and 2006, the mining companies had earned revenues in excess of $4.7 billion, but had paid taxes and royalties amounting to just about $142 million.

"Government has, therefore, decided to introduce new fiscal and regulatory regime that will bring equitable distribution of wealth from the mining sector," he said.

He said the government would introduce a new "windfall tax" and a "variable profit tax" on copper and cobalt mining operations.

This should bring in more than $400 million in additional revenues for development projects of his government in 2008, he said. He said he hoped a further $250 million would be raised from companies now holding development agreements.

Zambia used to be one of the world's top copper producers in the 1970s before its fortunes declined.

In the 1990s, Zambia sold its state-run copper mines to private companies, only to see South African mining giant Anglo-American pull out in 2002. Faced with an economic crisis, the Zambian government, with advice from the World Bank, lured potential buyers with a series of generous tax breaks.

Former President Frederick Chiluba, who is accused of mismanagement and corruption during his term in office, reached deals with foreign companies giving his country just 0.6 percent royalty on copper revenues, far below the international norm, which is close to 3 percent.

There has been strong popular pressure in Zambia to increase taxes on foreign companies. Lawmakers responded by Mwanawasa's speech by shouting that they wanted the new legislation "even tomorrow.


---

hmm 4,7mrd wären das wohl? da wäre 142mio$ für en staat schon wenig!
Aber wie kommt man auf 142mio wen der tax satz bei 32% war??
Wen die miner erst mal ihre investitionen retour bekommen wäre das doch ok und nur einmalig. Irreführend.

[aurarius]

Antwort auf Beitrag Nr.: 33.026.058 von snowflyer1 am 11.01.08 21:25:02

Was hätte zambia alleine aus den boden schätzen gemacht? Sicher bis heute gar nichts, da würden jetzt nur ein paar lehm hütten stehen

der staat tut eigentlich nichts anderes als wir. gehen wir von eqn als steigenden wert aus. wir verdienen an der arbeit anderer...

macht uns das ein schlechtes gewissen ?? ich gebe zu, dass ich gelder lieber in löhne fliessen sähe... so hätten alle was davon. aber wie gesagt, der staat hat es leicht...

afrikanische politiker sind auch nicht auf der brennsuppe dahergeschwommen. die lernen von uns, auf unseren universitäten...
aber ohne dies hätten wir keine eqn...

das wort soli hat verschiedene denkstrukturen...

absolut uncool. einfach traurig, aber wahr

[Asynchronmaschine]

da wir auch auf dem weg zum uran produzenten sind
mal das hier

Rohstoff URAN - Der differenzierte Blick
Datum 11.01.2008 - Uhrzeit 19:09 (© BörseGo AG 2007, Autor: Weygand Harald, Technischer Analyst, © GodmodeTrader - http://www.godmode-trader.de/)


Fundamentale Hintergrundinformationen aus dem Wissensbereich "Rohstoffe".

Sie erreichen diese neue Rohstoffseite auch über das Hauptmenue oben auf der GodmodeTrader-Startseite.

Uran ist heiß begehrt. In der Atomindustrie, die mit ihren bereits abgeschriebenen Atommeilern hohe Gewinne erzielt. In den aufstrebenden Ländern Asiens, deren Energiehunger unersättlich scheint. Und – wer hätte das gedacht – nun auch bei den Umweltschützern, die mehr Atomkraftwerke und weniger CO2- Ausstoß fordern. Und schließlich kommt Uran auch bei Anlegern prima an. Sie setzen zwangsweise auf Uran-Aktien, da sie den Rohstoff Uran in direkter Form nicht über Zertifikate oder andere Anlageinstrumente handeln können. Denn der Handel mit dem strahlenden Metall findet ausschließlich über Auktionen oder direkte Verhandlungen zwischen Käufer und Verkäufer statt und wird durch die Internationale Atomenergiebehörde IAEA streng kontrolliert. Sie passt darauf auf, dass Uran nicht in die falschen Hände gerät.

Der weltweite Uranmarkt ist mit einem jährlichen Umsatzvolumen von 5 Milliarden US-Dollar (Jahr 2005) relativ klein (Vergleich: am Goldmarkt wurden im gleichen Jahr 57 Milliarden USDollar umgesetzt). Der Handel von Uran spaltet sich in zwei Bereiche auf: Den kurzfristigen Kassamarkt und den langfristigen Vertragsmarkt. 85% des Uranhandels findet über Verträge mit einer Regellaufzeit von drei bis fünf Jahren statt. Da in den letzten Monaten die Angst um eine Verknappung von Uran gewachsen ist, werden aber immer häufiger Lieferverträge mit einer Laufzeit von zehn oder mehr Jahren geschlossen. Die Uranpreise in den Lieferverträgen sind keineswegs fix, sondern richten sich nach verschiedenen Variablen, wozu der Kassapreis, das BIPWachstum oder die Inflationsentwicklung zählen. Neben den mehrjährigen Lieferverträgen haben die Versorger außerdem die Möglichkeit, sich am Kassamarkt einzudecken. Ein Kauf am Kassamarkt sieht in der Regelung eine Uranlieferung in sechs Monaten nach Kaufdatum vor. 15% des Uranhandels werden am Kassamarkt abgewickelt.

Es gibt mehrere Unternehmen, die Vertrags- und Kassapreise von Uran beobachten und regelmäßig publizieren. Eines davon ist Ux Consulting. Das Unternehmen publiziert seine wöchentlichen Uranpreise im Internet unter http://www.uxc.com/review/uxc_ Prices.aspx. Ux ermittelte für die Woche zum 9. April einen Uranpreis pro Pfund von 113 US Dollar – das ist ein neuer Rekordstand. In den letzten fünf Jahren haben sich die Preise damit mehr als verelffacht.

Die Nachfrage

Die Stromerzeugung ist heute die größte Nachfragegruppe. Sie ist maßgeblich für die Entwicklung der Urannachfrage. Angaben der Internationalen Energieagentur IEA zufolge erzeugt die Kernkraft heute 16% des weltweit nachgefragten Stroms. Wie viele neue Kernkraftwerke in den nächsten Jahren entstehen werden, hängt von verschiedenen Faktoren ab. Eine wichtige Komponente dabei ist die Energiesicherheit, die besonders in Ländern mit geringen eigenen natürlichen Vorkommen einegroße Rolle spielt. Frankreich beispielsweise setzt im großen Stil auf Kernkraft, sie erzeugt dort fast 80% der gesamten Elektrizität. Auch die USA, die traditionell auf Kohle, Erdgas und Öl bei der Stromerzeugung setzen, wollen die Kernkraft stärker nutzen, um unabhängiger von den Ölimporten aus dem Mittleren Osten zu werden. Ähnliche Erwägungen gibt es auch in China und Indien. Neben der Energiesicherheit spielt auch die Umweltpolitik eine große Rolle. In allen Länder, die das Kyoto- Protokoll unterzeichnet haben, gewann die Kernkraft in der letzten Zeit an Popularität. Sie gilt als saubere Alternative zu fossilen Brennstoffen, die vor allem für die Klimaerwärmung verantwortlich gemacht werden. Immer heißere Sommer, fehlender Regen, Überflutungen, Unwetter: Daraus entstehen Kosten, die eigentlich der Stromerzeugung aus fossilen Brennstoffen zugerechnet werden müssen, wenn die in der Vergangenheit freigesetzte Menge CO2 heute zur Klimaerwärmung beiträgt. Ein weiterer Faktor bei der Kostenplanung sind die neu eingeführten Emissionsrechte. Sie verteuern alle Kraftwerke, die auf fossile Brennstoffe setzen. Die relativen Kosten der Kernkraft sinken somit, wodurch die Kernkraft attraktiver wird. Der Bau von Atomkraftwerken ist zwar sehr teuer, ihr Betrieb und ihre Wartung aber sehr günstig. Sie eignen sich daher ideal für die Deckung der Basisstromversorgung eines Landes. Der Uranpreis spielt für die Kernkraftwerke nur eine untergeordnete Rolle. Drei Viertel der Kosten eines Atomkraftwerks werden durch Betriebs und Wartung verursacht, nur ein Viertel entfällt auf die Beschaffungskosten für Uran.

Die internationale Energieagentur IEA schätzt, dass die weltweite Energienachfrage bis 2030 um 1,6% pro Jahr wachsen wird. Das stärkste Wachstum wird in den BRIC-Staaten Brasilien, Russland, Indien und China zu sehen sein: Ihr Anteil am weltweiten Energieverbrauch wird bis dahin von 17% auf 25% zunehmen. Wie bei vielen anderen Rohstoffen spielt auch bei Uran China eine zentrale Rolle. Dort werden heute zwei neue Atomkraftwerke gebaut, weitere 63 befinden sich in Planung. Weltweit werden nach Angaben von World Nuclear Association (WNA) 30 neue Reaktoren gebaut, während sich 70 in Planung befinden. Unter diesem Szenario rechnen Analysten damit, dass die Kernenergie so stark wachsen wird, wie der Energieverbrauch. Der Anteil der Kernenergie an der gesamten Energieerzeugung wird damit bei 16% bleiben. Gerade die jüngste Debatte um den Klimawandel und die steigenden Ölpreise legen aber nahe, dass diese Schätzungen zu niedrig gegriffen sein könnten.

Uran: Vom Uranerz zum Brennelement

In seiner ursprünglichen Form ist Uran ein silberweißes Metall. Es trägt die Nummer 238 im Periodensystem der Stoffe (Isotop U-235 ist nicht zur Brennstoffherstellung geeignet). In der Natur kommt Uran in seiner reinen Form aber nur selten vor. Viel öfter ist Uran in der Natur als Uranoxid, also gebunden mit Sauerstoffmolekühlen, zu finden. Nachdem das Uranoxid zusammen mit Gestein und anderen Stoffen in verschiedenen Abbauverfahren (Tagebau, Bergbau, In-Situ- Leeching) aus der Lagerstätte gehoben wurde, wird es meist noch an der Abbaustelle in speziellen Mühlen von Beistoffen getrennt. Das daraus resultierende pulvrige Material wird wegen seiner gelben Farbe oft als „Yellow Cake“ oder Urankonzentrat bezeichnet (siehe Bild). Aus zwei Tonnen abgebautem Erz wird in Uranmühlen ungefähr ein Kilogramm Yellowcake gewonnen. Es besteht zu 70 bis 80 % aus Uran- Verbindungen wie Triuranoktoxid (U3O8).

Dieses Triuranoktoxid ist der wichtigste Bestandteil der Konzentrate – es hat den höchsten Urangehalt. Er liegt bei bis zu 20% (üblich und wirtschaftlich rentabel sind aber auch weitaus geringere Ausbeuten). Uran wird dann in Form von Urankonzentrat an die Stromindustrie verkauft. Anschließend obliegt es den Stromerzeugern, die nächsten drei Stufen – Konversion, Anreicherung und Brennelementfertigung – zu organisieren. Dabei hängen die weiteren Verarbeitungsschritte davon ab, in welchem Reaktortyp das Uran eingesetzt werden soll. Für den am meisten genutzten Reaktortyp, dem Leichtwasserreaktor, wird das Urankonzentrat in einem chemischen Prozess in das unter Normalbedingungen kristalline, ab 56°Celsius gasförmige Uranhexafluorid (UF6) umgewandelt. Dieses aus der Konversion gewonnene UF6 ist letztendlich der Grundstoff für die Urananreicherung und wird vorwiegend in einem der drei größten Anlagen dieser Art durchgeführt: Bei Comurhex in Frankreich, ConverDyn in den USA oder Cameco in Kanada. Das gasförmige UF6 wird anschließend in speziellen Behältnissen in eine Anreicherungsanlage transportiert, wo es in zwei Ströme, einen mit einer höheren Isotopendichte und einen mit einer geringeren Isotopendichte, getrennt wird. Der Strom mit der leichteren Isotopendichte wird dann sukzessive angereichert. Je nachdem, wie die spezifischen Reaktoranforderungen sind, wird das UF6 von ursprünglich 0,71% 235U auf 3% bis 5% 235U angereichert. Im nächsten Schritt wird das angereicherte UF6 zur Brennstoffherstellung in eine Brennelementefabrik transportiert. Dort wird das angereicherte UF6 in Urandioxid (UO2) Pulver verwandelt. Dieses Pulver wird letztendlich in Brennstäbe gefüllt. Mehrere Brennstäbe werden mit Abstandshaltern zu Bündeln, den so genannten Brennelementen, zusammengefasst. Die meisten Reaktortypen verwenden diese Brennelemente,während Schwerwasserreaktoren normalerweise auf eine zuvorige Urananreicherung verzichten. Für Schwerwasserreaktoren wird das aus den Uranminen angelieferte Urankonzentrat direkt in Urandioxid verwandelt.

Das primäre Angebot

Das Angebot am Uranmarkt gliedert sich in das primäre und das sekundäre Angebot. Schätzungsweise 60% des Weltangebots an Uran wird durch das primäre Angebot, also die Produktion der Minen gedeckt, während der Rest im wesentlichen aus sekundären Quellen stammt. Angaben der World Nuclear Association zufolge stieg das primäre Uranangebot in 2005 gegenüber 2004 um 3% auf 41,595 Tonnen und fiel im Jahr 2006 gegenüber 2005 wegen Produktionsproblemen um 4% auf 39,988 Tonnen zurück. Ein wichtiges Charakteristikum des Uranmarktes ist eine sehr hohe Marktkonzentration – die sechs größten Minen stellen 60% der weltweiten Minenproduktion. Die acht größten Minen vereinen sogar 70% der weltweiten Produktion auf sich.

Neue Minen

Das wohl prominenteste neue Minenprojekt ist Cigar Lake von Cameco. Die Mine im Norden Kanadas ist nach McArthur River die zweitgrößte der Welt. Dort wollte der Betreiber Cameco einen weiteren Schacht legen, um die Produktion um 7000 Tonnen pro Jahr (das sind 16% der gesamten Weltproduktion in 2006!) zu steigern. Am 22. Oktober 2006 ereignete sich ein Wassereinbruch in einem Belüftungsschacht der neuen Mine, und die eigentlich für Mitte 2007 geplante Produktionsaufnahme verschob sich dadurch merklich. Inzwischen wird erst im Jahr 2009 mit der Aufnahme der Produktion gerechnet. Die größte Zahl an neuen Minen wird in Kazakhstan entstehen. Dort will das staatseigene Uranunternehmen Kazatomprom neun neue Minen erschließen. Sie werden für 51% der erwarteten neuen Minenproduktion sorgen. Die Erschließung der neuen Minen gestaltet sich aber sehr schleppend. Es fehlt an qualifizierten Fachkräften, weil in den letzten Jahrzehnten fast keine neuen Minen entstanden sind und entsprechend auch keine Fachkräfte in diesem Gebiet ausgebildet wurden. Die Inbetriebnahme neuer Minen könnte sich also verzögern.

BHP Billiton seine Uranproduktion in der Olympic Dam Mine erweitern, was ab 2013 zu einer Produktionssteigerung von 15,000 Tonnen Urankonzentrat führen soll. Weitere große Expansionsprojekte sind in Russland, Kanada und Namibia geplant. Insgesamt soll die Produktion an Uran bis zum Jahr 2015 gegenüber heute um über 130% oder 59,000 Tonnen steigen. Analysten von Goldman Sachs rechnen damit, dass die jährliche Minenproduktion bis 2011 um 9,5% pro Jahr anwachsen wird. Im Jahr 2011 wird die Jahresproduktion an Urankonzentrat den Schätzungen der Analysten zufolge 63,066 Tonnen betragen. Man mag annehmen, dass eine so starke Steigerung des primären Angebots dazu führen wird, dass wieder genügend Urankonzentrat auf dem Weltmarkt verfügbar sein wird.Wie sich aber herausstellen wird, könnte sich das Uranangebot auf dem Weltmarkt bis dahin aber sogar noch weiter verknappen. Der Grund liegt im sekundären Uranangebot, dass bis dahin deutlich zurückgehen könnte.

Das sekundäre Angebot

Das sekundäre Angebot, das im letzten Jahr schätzungsweise 36% des Welturanangebots ausmachte, ist größtenteils ein Relikt des Kalten Krieges. In der Zeit zwischen 1948 bis 1960 stieg die weltweite Minenproduktion kräftig an und ein Großteil des neu produzierten Urans wurde verwendet, um Atomwaffen herzustellen. Die kommerzielle Nachfrage nach Uran war zu dieser Zeit sehr niedrig.

Das damals für Atomwaffen verwendete Uran wird heute der Stromerzeugung zugeführt. Das ist der größte Teil des sekundären Angebots. Das aus den Atomwaffen stammende hochangereicherte Uran (HEU) besteht zu über 90% aus 235U,während für Leichtwasserreaktoren 3-5% 235U ausreichend sind. Um HEU verwenden zu können, um Strom in Reaktoren herzustellen, muss man es mit nicht angereichertem Uran vermengen. Die wichtigste Quelle für HEU ist ein Vertrag zwischen den USA und Russland, der im Jahr 1993 in Kraft getreten ist und noch bis 2013 läuft. Im Rahmen dieses Abkommens hat sich Russland verpflichtet, insgesamt 500 Tonnen HEU (ca. 150,000 Tonnen Urankonzentrat) in 3-5% 235U zu verwandeln und in die USA zu exportieren. Ende 2006 wurden von diesen 500 Tonnen bereits 292 Tonnen in Urankonzentrat verwandelt und exportiert, das ist der Inhalt von rund 12,000 Sprengköpfen für Atombomben.

Außerdem haben sich die USA verpflichtet, 150 Tonnen HEU zur Stromerzeugung aus alten Atomwaffen zur Verfügung zu stellen. Was Russland nach Ablauf des Vertrags im Jahr 2013 tun wird, ist noch nicht bekannt. Die Mehrheit der Fachleute im Westen geht allerdings davon aus, dass Russland den Vertrag nicht verlängern wird. Denn Russland gab bereits bekannt, abgesehen von dem Vertrag mit den USA ab dem Jahr 2008 kein Uran mehr exportieren zu wollen, wahrscheinlich weil alles Uran im eigenen Land benötigt wird.Wie es also mit dem russischen Uranangebot weiter gehen wird, ist ungewiss. Unsicherheit herrscht auch über die Lagerbestände der Stromerzeuger in Europa. Sie halten in der Regel sehr große Uranbestände, um sich vor kurzfristigen Verknappungen und Preisschwankungen zu schützen und um einen unterbrechungsfreien Kraftwerksbetrieb sicherzustellen. Die Lagerhaltung reicht in der Regel, um im regulären Betrieb 12 bis 18 Monate lang Strom erzeugen zu können. Manchmal wird das von den Kraftwerken auf Lager gehaltene Uran auch an andere Kraftwerke verkauft. Experten sind sich aber einig, dass ein sehr großer Teil der in den 90er Jahren aufgebauten Lagerbestände mittlerweile aufgebraucht ist. Daher ist ein Rückgang des sekundären Angebots in den nächsten Jahren zu erwarten, der durch die Ausweitung des primären Angebots nicht aufgefangen werden kann. Die Folge ist eine weitere Verknappung des Uranangebots auf dem Weltmarkt und wahrscheinlich weiter steigende Preise.

Zusammenfassung

Investitionen im Uranmarkt sind als außerordentlich chancenreich einzustufen. Genau wie am Goldmarkt reicht die Minenproduktion nicht aus, um die Nachfrage zu decken. Zwar werden in den nächsten Jahren, besonders aber im Jahr 2009 durch die Expansion der Cigar Lake Mine in Kanada, neue spürbare Angebotsmengen auf den Markt gelangen. Bis dahin ist aber mit weiter steigenden Uranpreisen und neuen Rekordständen zu rechnen. Dann könnte es tatsächlich zunächst zu einer Entspannung der knappen Angebotssituation am Uranmarkt kommen, bis im Jahr 2013 das russisch-amerikanische HEUAbkommen enden wird. Dann ist mit erneut stark steigenden Uranpreisen zu rechnen, wenn Russland keinem neuen Exportvertrag zustimmen wird.

Die Investmentnachfrage könnte im Uransektor für Überraschungen sorgen, wenn in den Medien publik wird, dass der Uranpreis auf neue Rekordstände angestiegen ist und neue Anleger auf den Zug aufspringen. Der Klimawandel wird der Kernkraft außerdem Aufwind geben genauso wie immer weiter steigende Ölpreise und die wankende Versorgungssicherheit der Erdgas- und Ölversorgung aus Russland und dem Mittleren Osten. Wir sehen den Uransektor als außerordentlich interessant an.

[Kostolany4]

Antwort auf Beitrag Nr.: 33.034.093 von Asynchronmaschine am 13.01.08 15:30:08

Insgesamt soll die Produktion an Uran bis zum Jahr 2015 gegenüber heute um über 130% oder 59,000 Tonnen steigen.

Das finde ich gelinde gesagt Sch....ade.

Diese Überproduktion würde ja zu einem dramatischen Preisverfall führen. Wie können die Minen so blöd sein, sich selbst die Preise kaputtzumachen ?

*kopfschüttel*

[snowflyer1]

Antwort auf Beitrag Nr.: 33.026.061 von Asynchronmaschine am 11.01.08 21:25:15

Gnadenlos ausnehmen lassen? Naja das sehe ich doch ein wenig anderst

Ich würde eher sagen Miner sind deren einziger reichtum, tourismus in der ecke wohl weniger. Die haben durch die ganzen Mining unternehmen viele 1000 sichere arbeitsplätze für jahr10te!

Dan bekommen sie im schnitt jetzt schon so ca 38% vom gewinn!

Ich bin natürlich auch gegen ausbeuterei, ich wäre sofort dafür die löhne im mining sektor anzuheben.
Der staat sagt wir müssen die taxen erhöhen, das geld ist für infrastruktur, Spitäler, Schulen, Landwirtschafts projekte usw.
Das klingt natürlich gut und damit lässt sich politik machen, doch leider zählen viele africanische länder auch heute noch zu den korruptesten der welt. Die gelder fliessen an alle möglichen stellen nur das arme schwein das an einer staublunge stribt, oder zt unter haarsträuben gefährlichen minen arbeiten muss hatt sicher nichts vom Tax geld!

Das ganze Taxen system wäre auch eine grosse chance für africa, würden die es endlich mal auf die reihe bekommen das die taxen im ganzen land einheitlich sind.
50% abgaben ist ganz schön happig für mein geschmack, ich habe lange im web gesucht aber auf 47% (50%) abgaben bin ich nirgends gestossen, ausser gerade bei diamnten abbau.
Man schaut ja immer darauf das man möglichst aktien kauft die 100% am projekt haben, das die rohstoffpreise möglichst hoch sind, da ist ein 50% steuer anstieg schon happig, erstrecht wen man die höchsten tax sätze im ganzen land hatt.


Between 2004 and 2006, the mining companies had earned revenues in excess of $4.7 billion, but had paid taxes and royalties amounting to just about $142 million.

Auch habe ich mit solche paschal aussagen mühe: Warum hatt man von 4,7Billionen (hmm echte billionen, oder wie in usa dan üblich mrd?) nur 142mio $ Tax einnahmen? Da jammern die politiker vor ort ohne den grund anzugeben warum die einahmen so tief sind!

Ich schätze ich weiss warum, soviel ich rausgefunden habe können miner fast überall in africa die explorations kosten sowie die baukosten für die minen abziehen vom gewinn!
Viele mining firmen haben oft langjährige abnahme kontrakte zum vorher festgesetzen preis, viele austarlische uran abbauer verkaufen ihr uran auch heute noch für 25-30$ pro lb, wird bei kupfer nicht viel anderst sein.

Zambia hatt im februar die Roaylty tax von 0,6 auf 3% angehoben, das scheint gut über die bühne gegangen zu sein darum wohl jetzt von 32% hoch auf 47%, die wollen schöpfen solang die suppe noch heiss ist, äh ich mein die rohstoffrally noch anhält. Wer weiss evt hatt man mal hoch gepokert und ist am schluss auch mit weniger zufrieden?


Windfall tax panic overcooked
David McKay
In February, Zambia lifted a sales royalty on mining companies – including companies that had signed royalty stabilisation agreements – to 3% from 0.6%.

ganzer text hier: http://www.miningmx.com/commentary/646435.htm


Hier habe ich noch was zum thema Taxen in zambia,namibia und DRC auf der Teal Mining seite gefunden (kenne ich erst seit heute CA:TL aber scheint ein intressanter play zu sein, ausser minig start könnte früher sein) ,
leider nicht ganz die aktuellen tax sätze!
http://www.tealmining.com/tp/country/zambia.asp

Das aktuellste was ich gefunden habe ist von PricewaterhouseCoopers, ein pdf vom mai 2007 mit allen tax sätzen 2006 von diversen minern die meist weltweit tätig sind ideal um mal ein wenig quer zu vergleichen, einige nur in africa, da find man schonmal einen der auch 46% betaxt
http://www.pwc.com/extweb/pwcpublications.nsf/docid/47C9CD59…

Ich schätze wen man so lange investiert ist wie asynchro dan spielt das eh nicht so eine rolle, den alle insider und instis wussten das eh schon lange. Einzig der markt mag aktuell unsicherheiten weniger, für leute wie mich die erst kürzlich wieder bei EQN eingestiegen sind ist evt das timing nicht gerade perfekt gewesen.
Nun wens zu stärkeren rücksetzern kommt zb wen dow jones absackt wird das wohl bald wieder aufgeholt, sah man schon am freitag als EQN von 5,22 wieder auf 5,72 hochgekämpft hatt.



-----
@kostolany
Ich sehe da nicht so ein riesen problem, weltweit sind massig atomkraftwerke im bau und nochmehr in planung. Wäre langsam zeit von den dreckschleudern wie kohlekraftwerken weg zu kommen

Hier ne grafik zum thema uran zukunft, stimmt mit godmod version weitgehend überein!

[snowflyer1]

so nun noch ne runde aufs ohr hauen, nicht ohne noch rasch ein blick nach australien zu werfen,
gut weg gekommen von den intraday tiefs, aktuell 6,21A$ und 1,7mio aktien umgestzt.

der währungsrechner sagt:
6.21 AUD = 5.67 CAD (rate = 0.913)

6C$ wir kommen wieder!

[Asynchronmaschine]

INTERVIEW: Equinox Protected From Zambia Copper Tax Change
Australia-based Equinox Minerals Ltd. (EQN.AU) will avoid negative fallout from Zambia's plans to cancel tax breaks for copper mining in the country, citing assurances to honor legally binding agreements, Managing Director Craig Williams said Monday.
Zambia's President Levy Mwanawasa announced Friday the cancellation of tax concessions for mining companies, introducing a windfall tax and raising company taxes to 47% from 31.7%.
This is up from the attractive 0.6% royalty rate and 25% company taxes offered to investors in the 1990s that have revived the country's battered copper sector, helping it to become the world's fourth largest producer.
"The point to make is that this is no new news. These measures were flagged after the elections, and we have received letters assuring us on the legally binding nature of our development agreement," Williams told Dow Jones Newswires in a telephone interview.
The Perth-based company has a tax stability clause with the government for its Lumwana copper mine that is on course to start production of 170,000 metric tons of copper this year, locking in current tax and royalty rates of 0.6% for 10 years.
Expects Uranium Mining To Fall Under New Regime
While Lumwana is covered, Equinox's plan to develop uranium mining in Zambia will be subject to new taxes and royalties. A feasibility study is due to finish by end-March, and the company will then assess the viability of the project.
"We fully expect to be subject to the new regime for uranium mining," said Williams.
The company previously said it expected to receive permits for processing by mid-2008 and to start production by 2010.
Copper, used in electrical wiring and tubes, traded below $3,000/ton for much of the 1990s, dropping as low as $1,400 in 2001. But copper prices have quadrupled over the past four years to trade above $8,000/ton, serving up windfall profits for Zambia's copper investors.
Other companies active in Zambia include Vedanta Resources Ltd., First Quantum Minerals Ltd. and Glencore International AG.
"Unlike existing producers like First Quantum and Glencore, we haven't produced anything yet, so there are no profits that could fall under the windfall tax," Williams said.
Equinox's development agreement already features a price participation clause to account for changes in the underlying copper price. "We think that our generation of DAs (development agreements) that already includes clauses for price participation will see us have little additional impact," said Williams.
While Equinox's overall agreement doesn't appear under threat, the government has sought discussions to renege the 0.6% royalty rate, very low by international standards of 2%-3%, but no talks have taken place so far, Williams said.
Discussions on royalties are expected within the next few months.
"What one needs to remember is that what the government is asking for isn't unrealistic by world standards. The previous tax regime was particularly attractive, but in the current market changes to the regime are to be expected," Williams said.
At 0440 GMT, Equinox shares were down 27 cents, or 4.2%, at A$6.12, after falling as much as 7.5% earlier in the day.

[snowflyer1]

Antwort auf Beitrag Nr.: 33.039.477 von Asynchronmaschine am 14.01.08 12:30:54

Das wird noch eine harte nuss, den solche langjährige verträge haben auch andere zb First Quantum zt. Wen jeder eine sonder regelung hätte dan würden niemals 400mio$ zusätzlich in die staatskasse wandern.
First quantum und co profitieren voll von den hohen kupfer preisen, wen es die Miner trifft die seit jahren produzieren ist das ok, problematisch ist halt das die wohl alle rechts gültige langjährige Tax-verträge haben, diese dan einfach stornieren grenzt schon einwenig an wild west manier.
Hoffe das EQN seine sonder regelung behalten kan, oder das man sich zumindest in der mitte trifft.


Der kampf und die neuen statts millionen hatt schon begonnen

14 Jan 2008 10:19 GMT
Zambia unions see no benefit from windfall tax
By Shapi Shacinda

LUSAKA, Jan 14 (Reuters) - The $400 million Zambia seeks to earn via a new windfall tax from copper exports this year will not benefit miners unless the government slashes the 35 percent personal income tax, unions said on Monday.

The Mine Workers Union of Zambia (MuZ) and National Union of Mining and Allied Workers (Numaw) said the proposed tax would not directly benefit the workers in the mineral-rich Copper Belt region because the funds would be spent on national projects.

President Levy Mwanawasa said on Friday that Zambia would introduce a mining tax in 2008 that should earn $400 million in revenue and effectively increase mining taxes to 47 percent from 31.7 percent.

Head of the MuZ Rayford Mbulu said his union would propose a cut in the 35 percent personal income tax miners in the copper and cobalt mines pay because the funds to be raised from windfall mining tax would cover loss of revenue by the Treasury.

"We now want the government to reduce personal income tax which is 35 percent of gross pay, including allowances so that the workers can benefit directly from the money the government will raise. The government should cushion the impact of high tax," Mbulu told Reuters.

Numaw general secretary Albert Mando said miners were going to benefit only if the bulk of the revenue the government would collect was spent on improving facilities in mining areas.

"We pay too much tax as people who produce the copper and we require some kind of cushion on tax, we want the government to address this in the budget this year. We would be glad if most of the money was spent on improving mine townships," Mando added.

Mbulu said the workers were "paying too much" in personal income tax while the owners of the southern African country's vast copper and cobalt mines paid less tax to the Treasury.

Government data shows that Zambia in 2007 collected $142 million in mineral royalty and company tax from earnings of $4.7 billion in copper and cobalt exports by foreign owners of its copper and cobalt mines, which employ over 50,000 workers.

The government has been pressured by unions over the past few years to spread the gains of its copper wealth to workers in the vital industry, the backbone of Zambia's economy.

Mwanawasa said the hike in taxes sought to address those concerns as the government planned to spend the additional resources on sectors such as education and health. (Reporting By Shapi Shacinda; editing by Michael Roddy)

Das die minen arbeiter weniger taxen bezahlen müssten wäre sicher ok. Es werden sicher alle Miner versuchen möglichs für sich noch was rauszuholen, die minen arbeiter wollen auch was davon und es gäbe wohl noch genug intressensgemeinschaften in zambia die wüssten was man mit den 400mio machen könnte ....die geschichte dürfte noch ne weile aktuell sein, das kan dauern bis sowas durch ist.

[snowflyer1]

08 Jan 2008 6.830 4.43%
09 Jan 2008 6.720 -1.61%
10 Jan 2008 6.490 -3.42%
11 Jan 2008 6.390 -1.54%
14 Jan 2008 6.210 -2.82%
15 Jan 2008 6.030 -2.9%

hätt nichts dagegen wens bei den aussis mal wieder ein grünen tag gäbe

[Asynchronmaschine]

devise
immer mal durchatmen
danach auf zu neuen höhen
so wars immer
und so wirds weiterhin sein

[Asynchronmaschine]

Equinox Protected From Zambia Copper Tax Change

SYDNEY (Dow Jones)--Australia-based Equinox Minerals Ltd. (EQN.AU) will avoid
negative fallout from Zambia's plans to cancel tax breaks for copper mining in
the country, citing assurances to honor legally binding agreements, Managing
Director Craig Williams said Monday.

Zambia's President Levy Mwanawasa announced Friday the cancellation of tax
concessions for mining companies, introducing a windfall tax and raising
company taxes to 47% from 31.7%.

This is up from the attractive 0.6% royalty rate and 25% company taxes
offered to investors in the 1990s that have revived the country's battered
copper sector, helping it to become the world's fourth largest producer.

"The point to make is that this is no new news. These measures were flagged
after the elections, and we have received letters assuring us on the legally
binding nature of our development agreement," Williams told Dow Jones Newswires
in a telephone interview.

The Perth-based company has a tax stability clause with the government for
its Lumwana copper mine that is on course to start production of 170,000 metric
tons of copper this year, locking in current tax and royalty rates of 0.6% for
10 years.


Expects Uranium Mining To Fall Under New Regime


While Lumwana is covered, Equinox's plan to develop uranium mining in Zambia
will be subject to new taxes and royalties. A feasibility study is due to
finish by end-March, and the company will then assess the viability of the
project.

"We fully expect to be subject to the new regime for uranium mining," said
Williams.

The company previously said it expected to receive permits for processing by
mid-2008 and to start production by 2010.

Copper, used in electrical wiring and tubes, traded below $3,000/ton for much
of the 1990s, dropping as low as $1,400 in 2001. But copper prices have
quadrupled over the past four years to trade above $8,000/ton, serving up
windfall profits for Zambia's copper investors.

Other companies active in Zambia include Vedanta Resources Ltd., First
Quantum Minerals Ltd. and Glencore International AG.

"Unlike existing producers like First Quantum and Glencore, we haven't
produced anything yet, so there are no profits that could fall under the
windfall tax," Williams said.

Equinox's development agreement already features a price participation clause
to account for changes in the underlying copper price. "We think that our
generation of DAs (development agreements) that already includes clauses for
price participation will see us have little additional impact," said Williams.

While Equinox's overall agreement doesn't appear under threat, the government
has sought discussions to renege the 0.6% royalty rate, very low by
international standards of 2%-3%, but no talks have taken place so far,
Williams said.

Discussions on royalties are expected within the next few months.

"What one needs to remember is that what the government is asking for isn't
unrealistic by world standards. The previous tax regime was particularly
attractive, but in the current market changes to the regime are to be
expected," Williams said.

[snowflyer1]

47% AVERAGE TAX BURDEN
Miners concerned about proposed Zambian windfall profits tax


Tuesday , 15 Jan 2008

NDOLA -

Following Zambian President Levy Mwanawasa's announcement that his government would introduce a windfall tax on miners this year, several mining houses in the country have expressed mixed feelings.

The Chamber of Mines of Zambia (CMZ) has declined to comment for the moment, with General Manager Fred Bantubonse telling Mineweb.com: "The President's speech is still being studied by the owners of the companies [the investors]. We are, therefore, unable to offer any comments at the moment."

Some miners, however, say--much as they understand the government's need to moblise more revenues--there was a risk that proposed changes might lower the country's competitiveness in attracting more investors to the sector.

During the official opening of Parliament last Friday, President Mwanawasa said the government would introduce a windfall tax that would earn the treasury at least US $400 million this year alone. He added that, effectively, mineral taxes would increase from an average of 31.7% to 47%.

Derek Webbstock, Chief Executive of Luanshya Copper Mines Plc (owned by International Mineral Resources and Bein Stein Group Resources) and Chambishi Metals Plc, Zambia's largest cobalt producer, told the media since he could not contest government decisions, "it is a pity we were not consulted before."

Mining companies in Zambia signed development agreements with the state enshrining corporation income tax rates as low as 25%, long stability periods and a royalty rate of 0.6% for base metals; the latter has been the subject of renegotiation since late last year but talks are yet to conclude. Most of the development agreements were signed during the privatisation of the country's copper mines, when international prices were low and the state sought to lure investors into the sector.

"We need to take a balanced view [in discussing the matter because] it is understandable that the mines are doing reasonably well," Webbstock said.

Lumwana Mining Company [owned by ASX-listed Equinox Minerals] Corporate Affairs Manager Nathan Chishimba stressed the need to ensure that changes did not stifle further investments in the sector besides ensuring that Zambia remained competitive as an mining destination.

"Government is right to put up changes to the mining tax regime...[but] it is important to ensure that the investment clmate remains favourable," Chishimba told The Post. "Just recently, Zambia won an international award for outstanding achievement in terms of attractiveness to mineral investrs during the period 2006/2007...This is the flip side we hope government considered when coming up with the new mining taxes as Zambia is competing with countries that have lower costs of doing business."

Albidon Zambia and Vedanta-controlled Konkola Copper Mines Plc opted to study the government proposals before commenting on the matter.

Der bericht schaut es objektiv an, auch die aussagen von EQN.
Der präsident hatt ohne rückfrage mit den minern die Tax news rausgehauen, man hätte sicher eine lösung gefunden.

Zambia hatt auszeichnungen bekommen für die atraktivität die zambia dem mining sektor bietet. Das "Tax debakel" passt da grad gar nicht dazu, es ist sicher auch für zambia wichtig wettbewerbs fähig zu bleiben, es gibt genügend africanische länder die zt höhere erz gehalte im boden haben und zt auch tiefere abbaukosten, wen man dan noch das Tax niveau auf landesrekord höhe hoch schraubt sinkt die atraktivität für neue investoren doch beträchtlich.

Ich dachte mir schon das die miner nicht einfach sagen ; ok die haben ja sonst nix in zambia. Die regierung hätte zusammen mit den minern eine lösnung suchen sollen, zb 41% Tax auf jahre hinaus garantiert und wen kupfer 4$ lb kostet evt noch ein aufschlag dafür zb unter 2,5$ ein abschlag oder so. Und erst danach an die öffentlichkeit gehen, typisch afrika halt, so wird das noch länger hin und her gehen.

[Asynchronmaschine]

verglichen mit sehr vielen anderen werten rund um den globus
sieht unser chart top aus
und der rückgang vom hoch
dagegen ist lächerlich
am ende des jahres sind wir 2 stellig

[snowflyer1]

Ganz schön rauhe see


Gestern ein 8% rutsch nach 5 down days, als ob EQN ein grassroot explorer wäre der wertlos ist

Mein kauf timing war wie oft wenig genial, ein stop bei 6 wäre wohl ned falsch gewesen.
Bernanke giesst noch benzin ins feuer, greenspan hätte längst eine 0,5% zins senkung rausgehauen!


vom16ten aber intressant da er die wende punkte im sommer und im nov exakt getroffen hatt. (klar ned speziell für eqn, die märkte im auge behalten ist ned falsch)


Jan 16 2008 10:33AM

Yesterday was another big downer for stock bulls as the broad market averages all gapped down on the open and fell hard into the close, with the DOW falling to the 12,501 level and the Nasdaq dropping 60 points. This morning market futures are deeply in the red again on the backs of a 14% plunge in Intel's after hours trading in response to disappointing earnings. In an earnings conference call Intel's CEO said he saw no sign of a bottom in the economic slowdown.

The market averages are all likely to open near their August lows this morning. On a strictly momentum basis the market averages are oversold, however on a sentiment basis there is no sign of a bottom. The VIX barely rose during yesterday's drop while the put/call ratio is fairly subdued. The Investors Intelligence numbers still are not in the territory associated with important market bottoms.

My working thesis the past few weeks has been that we would not see a real end to this correction until we saw a panic washout below the August lows that would bring an extreme reading in the sentiment indicators. I still believe this, however, at this point we may easily get a dead cat bounce around the August lows first. That bounce could even last into the end of the month FOMC meeting. If we get a bounce, no matter how long it lasts, I would not view it as an end to this corrective wave and would not look to buy until the sentiment indicators display real bearishness, which they are not. Personally I have no interest in going long on the open in order to game temporary bounces. In bear markets I find it best to stay out of the way until the dust settles. Everyone who has prematurely tried to guess a bottom so far this year has gotten badly hurt. Instead of bouncing the market could just as easily meltdown right now and have a mini-crash bottom like we saw in August, even though I think there is a good chance of a bounce.

This is the first leg down of the bear market. Once it ends with a climatic bottom I expect to see a 4-8 week rally and then another leg down. That rally is worth playing though as it will be similar to the sharp move we saw from August to October. But in the end it will just be a rally too. Do not underestimate the deteriorating economic fundamentals behind this bear market. Yesterday Citigroup wrote off over $10 billion in mortgage bets gone bad. It has more write-offs to go! Instead of just writing off the full amount of their losses in October banks are hiding the full extent of their losses and releasing them to us piecemeal. This prolongs investor pain and this bear market, but gives bank stock insiders more time to unload their shares on to the gullabull public. In bear markets someone is always left holding the bag.

We aren't at an end of the current downleg yet. If the market ends up down huge today then we'll be on bottom watch. But if it bounces today off or around the August lows within the next two trading sessions the ultimate bottom to this downleg will probably be pushed off a few weeks into the future. It will be interesting to see what happens today.



Let's turn to gold stocks. So far this year gold stocks have been the strongest thing in the market. Besides gold and silver stocks agriculture stocks have been practically the ONLY thing going up. Other metals stocks have been dropping this year and oil and energy stocks have been weak too. The commodities sector has been rolling over and showing signs of being ready to correct. Yesterday gold stocks showed their first real weakness since their bottom in December. The XAU and HUI indices have rallied so hard and quickly that they have become overbought on all daily momentum indicators, such as the stochastics, which I've circled in the above chart. Yesterday the XAU/gold and HUI/gold relative strength ratios broke their upward trendlines. When they did this in November they gave a sell signal. I take yesterday's action as a sell signal too. A correction in gold stocks from here is EXTREMELY likely.

If gold stocks correct I have 445 and then 431 as the initial support levels for the HUI. These are the 1/3 and 1/2 retracement levels of the recent rallies. During corrections in intermediate-term uptrends though gold stocks tend to fall down toward their 50-day moving averages, which is around 420 on the HUI. So I think the odds favor a bottom in the 420-431 range.

Such a correction would coincide with further weakness in the broad market - and once this correction in the broad market ends and the market rallies I expect gold stocks to lead. From the next bottom pivot point in gold stocks I see another 30-40% rally occurring so this is going to end up being a huge buy opportunity in gold and silver stocks. Long-term investors shouldn't worry about a potential dip here, but simply hang on.

We called the top in the broad market in October and the top in December. We're on top of this market. If you know anyone else who is let me know. It is time for you to prepare for a buy point in mining stocks over the next few weeks.

[Asynchronmaschine]

welche werte hat es gestern nicht zerlegt?
ausser ENG hat es die meisten getroffen
die einen weniger -ROK, ML
die anderen mehr -EQN
in solchen phasen zählen keine bewertungskennzahlen etc
da wird dann geworfen
was geht
wie die charts unten zeigen
gabs imer wieder rückschläge von 1-1,5 dollar
der kurs hat sich -long term betrachtet- trotzdem gut entwickelt

[snowflyer1]

Antwort auf Beitrag Nr.: 33.093.306 von Asynchronmaschine am 18.01.08 11:35:42

stimmt IDI und EGD waren nebst eng die einzigen die ich gestern grün sah, habe davon nur egd.

ja hoffen wir die märkte drehen ned ganz ab.


hast du eng? gas öl ist idi intressant halt undurchsichtig, kennst du die?

[Asynchronmaschine]

selbst die ersteller dieses reports
http://www.theinvestar.com/files/The_North_American_Uranium_…
erwähnen eqn nicht
mir fehlen die worte
wir starten höchstwahrscheinlich 2010 die uran produktion
vorher wird geht nicht mal eine forsys in produktion
von all den anderen ganz zu schweigen
paladin und die die ganz grossen bauen ihre produktion lediglich aus
da sollte es sich den kreisen schon mal rumgesprochen haben
das eqn nicht nur mit kupfer sondern auch mit uran in den markt eintritt

und alles was den analsyten einfällt
ist der obige report
ohne eqn

was mal wieder beweist
in den banken sitzen haufenweise irgendwelche gutgekleideten dödel rum
was zu beweisen wäre!
KREDITKRISE!!!

[Asynchronmaschine]

eng habe ich

ich bin ja auch auf dem öl-gas gebiet wissenstechnisch ziemlich gut drauf
10 jahre russland und kaspiregion mit all den aktien im telekom, minen und öl gasbereich
da lernt mal viel und
hat ne menge wissen

[snowflyer1]

Antwort auf Beitrag Nr.: 33.104.966 von Asynchronmaschine am 19.01.08 15:45:29

Leute wo seid ihr alle?

Sieht ja schon bissi übel aus zur zeit.


Die frage der evt rezession ist im umlauf, da kupfer sehr zyklisch ist sind industriemetall miner natürlich besonders betroffen.
Shortspekulaten, evt weniger nachfrage in USA und europa evt japan, da könnte ungemach aufkommen. Klar meist wird auf china verwiesen die haben ja bekanntlich 50% an der ganzen kupfer rally/nachfrage ausgemacht, nur sind die ja auch kaum bestrebt hächstpreise zu zahlen und preisabschläge käme auch china sehr gelegen.

EQN zeitweise im freien fall, da verkaufen nicht nur eben mal ein paar privat anleger, das sind zt teil rohstoff fonds die mit stärkerem druck auf die kupferpreise rechnen und darauf abziehlen auf viel tieferem niveau zurück zukaufen.

Auch für EQN wären kupferpreise um die 3$ ganz ok, wie würde es aber einiges tiefer aussehen?
Ok es sah im sommer ändlich aus, trotzdem ist es aktuell riskanter das die märkte in die rezession kippen, das ist zumindest meine meinung.

Meinungen leute? oder alle schon längst verkauft?

vor wenigen wochen habe ich mich im pez thread besorgt im can board gezeigt das mir der dow jones nicht gefällt und mit ihm alles steht oder auch fällt, ich bekam die höhnische antwort: die meisten von uns sind canadische rohstoff investoren und da intressiert sich garantiert keiner für den dow jones....
lustige profis.

dabei ist und bleibt der dow jones ein indikator für die ganze welt, die letzten tage an allen weltbörsen totalausverkauf und aktuell Dienst. 12uhr sind die US futures (SP-500) im plus und alle börsen schöpfen schon wieder hoffnung und holen die verluste auf.
Alles hofft auf eine zins senkung heute in den usa, kommt die nicht wirds weiter rot an den börsen. Ich schätze ende monat 0,5% senkung ist schon eingepreist und hätte kaum effekte.

[snowflyer1]

umrechnungskurs von asx schlusskurs wäre 3,67Can$ , jetzt steht eqn immerhin bei 4,5C$!


hoffe das hält einigermassen und nicht das da nur reihenweise shorts geschlossen werden.

was mich freut ist dass massig shorter durch die 0,75% zinssenkung auf dem falschen fuss erwischt worden sind!

[Asynchronmaschine]

ihr alle

wir sind doch höchsten 10 aktionäre in ganz deutschland

[snowflyer1]

Antwort auf Beitrag Nr.: 33.131.531 von Asynchronmaschine am 22.01.08 16:19:47

aber nur wen du annimmst das alle deutschen EQN aktionäre auch auf W-O posten, was ich einwenig bezweifle.


Das WEF Davos 08 steht wieder an, eben gefunden: (wer die alpen mag soll doch mal vorbei kommen ist ganz gemütlich hier :-)


Frank Holmes, CEO and CIO of US Global Investors, is about as selective but much more optimistic.

“We’re very bullish on certain commodities, “ says Holmes, citing copper, gold, platinum and steel.

Holmes says short supply will keep copper and gold strong, saying the “big mining companies can’t easily replace big production.” Meanwhile, China and India will keep demand strong, thanks to big government budgets and infrastructure spending. He’s negative, however on aluminum, given China’s current contribution to production.

Companies he likes and owned by his firm include Eastern Platinum , Yamana Gold , and Freeport McMoran Copper & Gold The firm also runs Global Resources Fund, $1.5 billion mutual fund investing in oil, coal and metals companies, who top holdings include Schlumberger, Occidental Petroleum, PetroChina and Rio Tinto.

Holmes is among those who is also fairly bullish on agricultural commodities, again because of China, where he notes the desert is growing, “ a real serious issue” when it comes to food production, and a drought in Australia. For that reason, Holmes likes fertilizer producers like Mosaic because they can increase cop yields. His firm has also “bought corn and wheat.”

Martinez-Dias echoes that point, saying agricultural commodities have more “shocks and uncertainties", which support prices.

Merrill Lynch’s emerging markets equity analyst Michael Harnett says the firm remains positive on agricultural commodities, along with precious metals and oil, but is negative on industrial metals because they’re “more vulnerable to the economic downturn.”

Global Outlook For 2008

That is the wild card for both commodities and emerging markets in 2008.

Conventional wisdom says a US recession and a slowdown in Europe would have a sizable effect, “making it very, very tough for emerging markets and commodities to go up,” says Harnett.

“The domestic demand story in emerging markets is more independent and more sustainable than in the past,” he says, adding that one theory holds that a US recession would helps cool inflationary pressures in places where growth has been too strong, thus at “some stage you’re going to get another buying opportunity.”

Harnett notes that many emerging market indices are already pretty far off their October 2007 highs.

Holmes agrees, saying any US-European effect will be temporary, such that “emerging markets have a big rebound after a correction.”

Any global slowdown won’t affect all emerging markets equally, especially given China’s unique role in the global trade equation, serving as both an enormous producer and consumer.

Harnett sees the most insulated markets such as Middle East oil producers, Israel Russia, India and Malaysia as the most resilient with big trade countries like China and Brazil the most vulnerable.

“I think the case is still strong over the medium term that they will be very good places to invest,” says Robert Hormats, vice chairman of Goldman Sachs International and a frequent Davos attendee. "They’re more and more integrated into the global country. They get the benefits and they also get the negatives. At the same time, they’re in a much more robust condition to withstand that than a decade ago.”


ganzer text:
http://www.cnbc.com/id/22711678/site/14081545?__source=yahoo…

[snowflyer1]

Antwort auf Beitrag Nr.: 33.131.531 von Asynchronmaschine am 22.01.08 16:19:47

sowas liest man gerne, 40mrd dick und die kaufen gewinnbringende rohstoffaktien zu.

Blackrock: Hedgefonds kauft Rohstoffe zuDatum 22.01.2008 - Uhrzeit 16:48 (© BörseGo AG 2007, Autor: Stanzl Jochen, Redakteur, © GodmodeTrader

Graham Birch, der für den US-Hedgfonds Blackrock Vermögenseinlagen von über 40 Milliarden Dollar verwaltet, sieht „keinerlei Anzeichen“ für eine Kursschwäche oder Korrektur bei den Rohstoffen. In einem Telefoninterview mit Bloomberg teilte der legendäre Hedgefonds-Manager mit, dass die weltweite Aktienkorrektur sich nicht im gleichen Maße auch auf Rohstoffe auswirke.

„Es besteht zwar die Gefahr einer US-Rezession, aber nicht einer globalen. Die Weltkonjunktur geht selten auf weltweiter Ebene zurück. Es ist ohne weiteres möglich dass sich die Entwicklung in den Schwellenländern von derjenigen in den USA abkoppelt. Ein Kraftwerk, das in Indien gebaut wird, hat herzlich wenig mit der Wall Street zu tun“, so Birch. „Es gibt gar keinen Zweifel daran dass wir Verschiebungen in der Weltwirtschaft sehen und sich die Kräfte von West nach Ost verschieben. Und das spricht für eine höhere Nachfrage nach Rohstoffen.“

Die Unternehmen, in die Blackrock investiere, seien all diejenigen Unternehmen, die Produkte anbieten, die die Welt heute benötigt. Es sei laut Birch extrem unwahrscheinlich, dass die Nachfrage nach allen Rohstoffen falle.

„Ich sehe überhaupt keine Anzeichen dafür, dass sich die Rohstoffe über alle Kategorien abschwächen. Es gibt keinen Nachfragerückgang für Eisenerz, Kohle oder andere Massengüter. Es ist keine Schwäche in den Edelmetallen zu erkennen und Öl ist immer noch auf einem sehr hohen Niveau. Agrarprodukte zeigen keine Hinweise, die auf einen Rückgang der Nachfrage hindeuten. Die einzige Rohstoffgruppe, die schwächer notiert, sind die Basismetalle. Also wie könnte ich denn auf die Idee kommen negativ gegenüber den Rohstoffen eingestellt zu sein, besonders für Massenrohstoffe?“

Birch habe seinen Angaben zufolge seine Position in profitablen Unternehmen wie BHP Billiton erhöht. Es gebe derzeit ein großes Maß an Angst im Markt und dies sei eine hervorragende Möglichkeit, dies auszunutzen.

[Asynchronmaschine]

auch einer der wenigen
der den durchblick hat
im grossen und ganzen scheinen im bankwesen aber
ein haufen dödel ihren dienst zu versehen

[meinBrot]

hmm Toronto legt atm 8-10% vor atm 4.6C$....bin gespannt wie sich Equi hier entwickelt.

[hobiewaters]

Antwort auf Beitrag Nr.: 33.132.308 von snowflyer1 am 22.01.08 17:11:23

"...Die einzige Rohstoffgruppe, die schwächer notiert, sind die Basismetalle. Also wie könnte ich denn auf die Idee kommen negativ gegenüber den Rohstoffen eingestellt zu sein, besonders für Massenrohstoffe?“

...damit ist ja wohl insbes. Dr. Copper gemeint

[snowflyer1]

Antwort auf Beitrag Nr.: 33.136.671 von hobiewaters am 22.01.08 22:16:03

ok nicht mehr auf ath aber sieht noch immer gut aus, solange es keine heftige rezession gibt




schade hatt eqn nicht auch heftig cobalt im boden, ein heimlicher highflyer, aktuell zahlt man pro lb 48$ !

hier ist mein favorit GMC, kam leider heftig unter die räder weil die kosten für den minenbau einges höher wird laut feasy, ok zuerst 150mio$ war auch krass wenig, jetzt schon nahe 500mio, aber das mngmt ist sich sicher diese zahlen massiv zu unterschreiten.

ist noch ein langer weg für gmc, aber cobalt gefällt...

[snowflyer1]

'Don't Panic, Start Buying Now'
By Peter Caulfield - 22 Jan 2008

VANCOUVER (ResourceInvestor.com ) -- There were somewhat fewer attendees on the second and final day of the 2008 Vancouver Resource Investment Conference (unlike in the U.S., Monday was a regular working day in Canada) and most of the people surfing the 17 aisles of exhibits were male and wearing suits, in contrast to Sunday's informally dressed crowd of old and young (and very young), men and women. But there was still a healthy attendance, which was quite an accomplishment considering there is a nasty flu bug on the loose in Vancouver now.

In one of Monday's mid-day speaker work shops, Greg McCoach, editor of The Mining Speculator, spoke for a brief 30 minutes on “Quality Opportunities in Junior Mining Shares.” Like almost all of the speakers at this year's conference, McCoach spoke to a standing-room-only crowd.

Distilled to its essence, McCoach's message was “Don't panic, weather the storm, junior mining companies will soon have their day in the sun.”

“I didn't expect things to get so bad so quickly,” McCoach said. “However, I don't think the downturn will last long. Some junior mining stocks will recover quickly, especially companies with great discoveries.”

McCoach advised the audience of about 125 to start buying now.
“Precious metal prices will start to go up and precious metal stocks will go up with them,” he said.

McCoach expects investment newcomers to invest in precious metal juniors, along with investors in the United States.

“U.S. investors are becoming more interested in and knowledgeable of Canadian exploration stocks,” he said. “I expect American investors to flood into the market and that will lift it up.”
But until happy days are here again, the markets will continue to be “quite scary,” McCoach said.

“There's major trouble brewing in the financial markets,” he said. “The Fed in the U.S. wants to bring interest rates down, to prevent a recession, but the European Union central bank wants interest rates to go up.”

Happily for investors in gold, however, the result of these conflicting monetary policies will be a rising gold price and junior stocks will follow the price of gold upward.
“It's a good time to buy junior stocks,” McCoach said, as he finished the formal part of his presentation. “Don't panic. We won't have to wait long. Companies that were trading higher in the past and that have good stories will recover fastest.”

Just before McCoach opened the floor to questions, he mentioned two companies he said were both “good bets” for the near future: Pediment Exploration Ltd. [TSX-V PEZ] and Golden Predator (not yet trading).

During the brief question-and-answer period that followed his presentation, McCoach said that what had de-railed NovaGold Resources [TSX:NG; AMEX:NG] at Galore Creek was that the costs of the project went up faster than the prices of gold and copper.
“Once the prices of gold and copper start to go up again, and development costs start to fall, you're going to see Galore Creek go into development,” he said.

McCoach spoke enthusiastically about Duluth Metals [TSX DM].
“They're one of the stronger companies now,” he said. “They've drilled 68 holes and hit mineralization on every one of them.”
He said Duluth is expected to release assay results soon.
Investors shouldn't ignore good uranium companies, either, McCoach said.

“Uranium markets are in a funk now, but they'll recover, like gold,” he said. “Invest in companies that have the nearest-term production potential.”
McCoach said Canadian Zinc [TSX CZN] is a good speculative investment.

“Everything depends on their getting an environmental permit,” he said. “If they do, they could be in production in six months. It could be a $10-$20 stock.”
McCoach said Excellon Resources [TSX-V EXN] has a much higher up-side than most silver companies.

“So far they've hit only the tail of the elephant,” he said. “They're hitting mineralization almost every time they drill. They're a top prospect.”

In reply to a question about a company with properties in Turkey, McCoach said, without elaborating, that he did not look favourably on companies with properties in that Middle Eastern country.
Bolivia is another country that is “not okay” with McCoach. South American countries that are “okay” are Ecuador, Argentina (especially northern Argentina), Chile and Uruguay.

McCoach also spoke favourably of a number of other junior mining companies, including Acadian Mining [TSX ADA], Polymet Mining [TSX OM; AMEX LM], Strathmore Minerals [TSX STM], Silverstone Resources [TSX-V SST] and Endeavour Silver [TSX EDR; AMEX EXK].

[Asynchronmaschine]

ich habe mir forsys metals nochmal näher angesehen
uran explorer und immer wieder hochgehandelt
der chart sieht übrigens grauenhaft aus
ingesamt bleibt festzuhalten
dort ist noch soviel unklar
finanzierung
wasseranbindung
minenstart
etc
die gehen meiner meinung nach
nicht vor 2010 in produktion
also nicht eher
als wir voraussichtlich unser uran herausholen
weitere neue firmen gehen in den nächsten jahren nicht an den markt
von daher ist es völlig unverständlich
das eqn niemals im zusammenhang mit uran erwähnt wird
es ist geradezu unfassbar
wie blind die meute so ist

[Punicamelon]

Antwort auf Beitrag Nr.: 33.138.517 von Asynchronmaschine am 23.01.08 09:03:18

Forsys hat mehr als dreifach so viel Reserven, als Equinox, die grades sind ungefähr gleich und tendieren bei 40Dollar Abbaukosten.
Schau mal auf die Marktcaps von Equinox und Forsys, die Uranbeiproduktion geht bei Equinox total unter und spielt bei der fundamentalen Bewertung kaum eine Rolle.

Im Uranmarkt geht es um ganz Andere Grössen. 2013 fällt das Uran Angebot aus alten Armeebeständen weg, was heute schlappe 50% des Angebots ausmacht.
Fazit: Bis 2013 muss die Welturanproduktion verdoppelt werden und da ist das Wachstum durch Neue AKWs noch gar nicht einberechnet.

Cameco hat Riesige Schwierigkeiten mit Ihrem grossen und fantastisch gut gegradetem Cigar lake Projekt, DAS ist der Knackpunkt.

Equinox und Uran ist so wie Canon und die Digitalkameras, der Boom geht im Aktienkurs einfach unter, weil die fundamentale Bewertung die Uranförderung förmlich verschlingt.

[Benson1]

Nur eine Frage der Zeit bis irgendwo auf der Welt... in Kasachstan, China oder sonstwo ein Atomkraftwerk in die Luft fliegt...

...und dann isser aus, der Uran-Traum...

[Punicamelon]

Antwort auf Beitrag Nr.: 33.208.205 von Benson1 am 29.01.08 22:47:02

Du bist ein typischer.....

http://de.wikipedia.org/wiki/Troll_%28Netzkultur%29


Ignore!

[Asynchronmaschine]

Equinox Minerals Limited: ASX Quarterly Report to Shareholders for the Quarter Ended December 31, 2007

TORONTO, ONTARIO, Jan 31, 2008 (Marketwire via COMTEX News Network) --

Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox" or the "Company") is an international mineral exploration and development company listed on both the TSX and ASX (TSX and ASX symbol: "EQN"). Lumwana, owned 100% by Equinox, is located in the North Western Province of the Republic of Zambia. The Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its expected 37 year mine life and construction is on schedule for commissioning during Q2-2008.

HIGHLIGHTS FOR THE FOURTH QUARTER

LUMWANA PROJECT DEVELOPMENT

The construction schedule and budget remain on target with commissioning expected to commence during Q2-2008.

Construction activity highlights included:

- Total on-site construction workforce increased to over 3,850 employees;

- Mining operations of the Malundwe Stage 1 pit continued throughout the quarter with 11.7Mt of material mined to date, the majority of which was delivered to the various bulk-fill activities in support of construction program;

- Machine assembly and handover of mining equipment proceeded largely on schedule with 11 Hitachi EH4500 haul trucks now commissioned. Arrival of the initial components of the Hitachi EX5500 electric drive shovels commenced in December 2007;

- Process plant overall detailed design has been completed;

- All long lead items are now on site;

- Bulk earthworks have been completed on the water and tails storage facilities;

- The second and third transformers were energized in the Lumwana substation by ZESCO;

- Town housing availability for occupancy purposes reached 320 houses ahead of construction build up demand;

- Continued good progress was achieved on the T5 Highway with repairs between the Mutanda to Lumwana turn off segment taking place; and

- In November 2007 Lumwana construction passed the 75% completion milestone which triggered a further milestone payment to the EPC construction contractors which was paid through the issuance of Equinox common shares in accordance with the Lumwana Project fixed price EPC construction contract.

URANIUM FEASIBILITY STUDY

- The Company completed all scheduled Lumwana Uranium Feasibility Study ("UFS") drilling at Malundwe which included 170 holes (totalling 14,059m) drilled by reverse circulation percussion and 12 holes (totalling 824m) completed by diamond drilling. All assay results have now been received, and data have been forwarded to SRK Consulting for ore resource estimation;

- In November 2007 the Company released the second and final update on drilling progress for the UFS. High-grade results of note include 17m of 0.56% U3O8 (hole MLW0062), 11m of 0.75% U3O8 (hole MLW0159), 6m of 1.41% U3O8 (hole MLW0192) and 2m of 2.56% U3O8 (hole MLW0115);

- All results are presented in Table 1 in the press release dated November 14, 2007 available on the Company's website (and on SEDAR at www.sedar.com) which includes all intercepts above a cut off grade of 200ppm U3O8 (0.02% U3O8);

- Ausenco Projects Limited, UFS consultants, made scheduled progress on engineering design and project costing of the Lumwana uranium plant. Metallurgical test work for uranium leaching and copper extraction is ongoing; and

- The UFS remains on schedule to be delivered to the Company in late Q1-2008.

EXPLORATION

- Assay results for the drill program completed at Kababisa, approximately 5km north of the Lumwana process plant, have been received. Results confirm the presence of extensive Malundwe style mineralization and that the target area remains open to the north and south and down dip;

- At Ndola West, the Company's major project on the Copperbelt 300km east of Lumwana, drilling during the December quarter saw the completion of 4,469m in 45 reverse circulation percussion holes. While sample assays are awaited, the program momentum is being maintained during the wet season by the use of diamond drilling;

- Within the Kabompo lease located 120km west of Lumwana, extensive fieldwork comprising prospecting, soil sampling and reconnaissance field mapping was conducted. This work has identified priority targets at Lolwa (uranium prospect) and Cheyeza (copper prospect), both of which had been drill tested by the end of the Quarter, and assay results are awaited; and

- On completion of the UFS drilling, the drill rig moved to the Kanga Prospect south of Malundwe where broad-spaced drilling tested the two historical uranium targets of Constanza and Ida and the up-dip portion of the Kanga Induced Polarisation geophysical anomaly. Sixteen reverse circulation percussion holes were completed for 2,016m by the end of the Quarter and assay results are awaited.

CORPORATE

- First Quantum Minerals Ltd. ("First Quantum") (TSX:FM)(LSE:FQM) issued a press release to disclose that on December 5, 2007 it had acquired 41,300,000 common shares in the Company representing 7.31% of the issued and outstanding common shares. After the acquisition of these shares, First Quantum stated that subsequently, it beneficially owned 97,556,700 common shares of Equinox in total representing 17.27% of the issued and outstanding common shares.

SIGNIFICANT EVENTS

LUMWANA PROJECT DEVELOPMENT

Uranium Feasibility Infill Drilling Confirms High Grade Uranium Mineralization at Lumwana

On November 14, 2006, Equinox reported that the UFS infill drilling program at Lumwana had further defined and confirmed discrete zones of high grade uranium mineralization within the larger Malundwe copper ore body currently being mined. Intercepts of note include 17m of 0.56% U3O8 (hole MLW0062), 11m of 0.75% U3O8 (hole MLW0159), 6m of 1.41% U3O8 (hole MLW0192) and 2m of 2.56%U3O8 (hole MLW0115).

The UFS drill program commenced in April 2007 and comprised 14,883m in 170 reverse circulation percussion drill holes and 12 diamond drill core holes along a 2km strike length of the Malundwe copper deposit within the currently designed main Malundwe open pit. Of the holes drilled, 135 intersected uranium mineralization of greater than 200ppm U3O8.

The Malundwe deposit hosts significant uranium mineralization along the central portion of the copper ore body's western flank, primarily within two discrete uranium mineralized bodies. The purpose of the UFS drilling program is to upgrade the definition of the Malundwe uranium resources. With the inclusion of the pre-existing drill holes, most of the uranium resource within Malundwe is now defined by 50m x 50m spacing, with the exception of some areas of higher grade uranium mineralization which have been drilled on 25m x 25m spacing.

The uranium mineralization preferentially lies associated with the hangingwall and footwall contacts of the Malundwe copper sulphide ore body, and significantly, also extends into the footwall suite of rocks that are barren of copper. The remainder of the Malundwe copper sulphide orebody does not contain any significant uranium mineralization and typically has a low background uranium content of less than 10ppm U3O8. All results are presented in Table 1 in the press release dated November 14, 2007 available on the Company's website (and on SEDAR at www.sedar.com) which includes all intercepts above a cut off grade of 200ppmU3O8 (0.02% U3O8).

SRK Consulting is undertaking the uranium resource estimate of Malundwe and Golder Associates Pty Ltd. will apply economic and mining factors to identify the mining reserve for the UFS. The UFS remains on schedule to be delivered to the Company in late Q1-2008.

Lumwana Project Passes 75% Development Completion

On December 19, 2007, the Company announced that in connection with the execution of the US$407.6 million Lumwana Copper Project fixed price EPC construction contract as announced on October 16, 2006, the EPC Contractors passed the 75% completion milestone during November 2007.

On January 18, 2008 in accordance with the Company's agreement with the EPC Contractors, Equinox issued to the EPC Contractors, a total of 823,752 common shares (50% to each party) at C$5.39 per share (the five-day volume weighted average trading price on the Toronto Stock Exchange determined at the close of markets on January 17, 2008) to the value of C$4,440,409 (US$ US$4,314,000) as part of the third quarterly milestone payment.

The remaining final quarterly common share issuance will be made at the completion of the EPC contract and will total US$4,314,000.

Budget Address to the Zambian Parliament by the Minister for Finance and National Planning

On January 25, 2008, as the first step in the budget approval process for the country, the Minister for Finance and National Planning, the Hon. Ng'andu Magande, presented a budget address to the Zambian National Assembly. This address included the proposal to introduce a new mining and fiscal regime for Zambia that would increase corporate tax to 30%, the mining royalty to 3% and a number of other proposed additional imposts including a "variable profit tax" and "windfall tax" to provide the Government with increased benefits during periods of high copper prices.

As the details released by the Minister in relation to these new taxes are very limited, the Company is unable to adequately assess the impact of these taxes if they were implemented. Furthermore, the Company has signed a Development Agreement with the Government of the Republic of Zambia on December 16, 2005 which includes a 10 year stability period amongst other fiscal incentives. This Agreement is binding on all parties and Equinox will continue to act in accordance with this agreement.

EXPLORATION

Major Drill Program targets Ndola West Oxide Mineralization

In September 2007, the Company initiated an extensive program of reverse circulation percussion drilling to further delineate the extent of the oxide mineralization previously discovered at Ndola West on the Copperbelt. A total of 4,469m of reverse circulation percussion drilling was completed until mid-December 2007 when it became too wet to move heavy reverse circulation percussion equipment around the site. Assay results are currently awaited. A diamond rig has subsequently been brought to site to maintain production during the wet season, and the program is on-going.

Previous work by the Company has intersected some substantial widths of high-grade copper mineralization at Ndola West, including KIT003, 64m @ 2.33% Cu (including 38m @ 3.5% Cu) and KIT0025 which intersected 14m @ 6.29% Cu from 81m, and terminated in mineralization at 95m. (All results from RC holes that contained copper intercepts greater than 0.2%Cu are detailed in the press release dated June 25, 2007 available on the Company's website and on SEDAR at www.sedar.com). The drilling confirmed the structural complexity of the area and indicates that significant copper mineralization at Ndola West is open at depth and along strike.

Other Zambian Exploration

In addition to Malundwe UFS work, Equinox is proactively exploring additional regional uranium targets within the 1,355 km2 Lumwana Mining Licence and regional tenements in Zambia. Recent heliborne radiometric surveying and reprocessed fixed wing radiometric data has proven very successful in identifying and delivering numerous additional uranium channel anomalies at both Mwombezhi Dome (the lease adjacent to the Lumwana Mining Lease) and Kabompo 120km north-west of Lumwana for further investigations outside the UFS.

Within Kabompo, extensive fieldwork comprising prospecting, soil sampling and reconnaissance field mapping has identified a number of priority targets for both copper and uranium mineralization. Two of these, the Lolwa (uranium) and Cheyeza (copper) targets, were drill tested prior to the commencement of the wet season after which drill rig movement would become severely restricted, slowing progress. Assay results are currently awaited.

At Lolwa, uranium mineralization had been identified during the 1980's by AGIP, but the target was not fully tested. Equinox tested the target with completion of 3,374m in 42 holes, most of which intersected radioactively-anomalous schists between 1m and 4m (down-hole) thicknesses over several kilometres of strike. Assay results are currently awaited. Mapping utilizing a spectrometer has successfully traced the anomalous contact of muscovite-chlorite schist with micaceous sandstone along strike to the east, and the surface anomalism has increased to the east.

At the Cheyeza prospect, 16km south of Lolwa, field mapping and soil sampling have identified ironstone and sediments with minor chalcopyrite and possibly chalcocite. During the December quarter, the reverse circulation percussion rig drilled a limited scout program (34 holes for 1,696m) across an area of high soil copper anomalism before the wet season made the area impassable. Assays are awaited.

Within the Kitwe property, a new target has been developed at Ngala utilizing recent interpretative work that suggests mineralization may exist in a horizon higher in the sequence than the classic stratigraphic Lower Roan-Upper Roan position. In order to test the concept, a time domain induced polarisation geophysical survey was undertaken during the December Quarter. Interpretation of data suggests that there exists potential in two areas of the Ngala prospect for comparable mineralization to the target type.

CORPORATE

Equinox Wins Perseverance Award at Mining Journal 2007 Outstanding Achievement Awards

On November 21, 2007, Equinox was awarded the "2007 Perseverance Award" at the annual Mining Journal Outstanding Achievement Awards held in London, England. Held as part of Mining Journal's annual Mines & Money conference, the event awarded 13 different citations to celebrate exceptional achievement in the international mining industry. The "Perseverance" category offered robust competition with the Company winning the award for steadfast and successful Lumwana development since 1999.

Acquisition of 17.27% Interest in Equinox by First Quantum Minerals

On December 6, 2007, the Company announced that First Quantum had issued a press release which states that, on December 5, 2007, First Quantum acquired 41,300,000 common shares in the Company representing 7.31% of the issued and outstanding common shares. After the acquisition of these shares, First Quantum stated that it subsequently beneficially owned 97,556,700 common shares representing 17.27% of the issued and outstanding common shares of Equinox. The securities were acquired through the facilities of the Toronto Stock Exchange. In its press release, First Quantum also stated that it had acquired the common shares for investment purposes and may acquire further common shares or dispose of these holdings of common shares as investment conditions warrant. No substantive discussions have been held between Equinox and First Quantum and Equinox has stated that the acquisition was unsolicited and opportunistic.

2007 Statistics for Toronto Stock Exchange, Standard & Poors TSX300 Index

On January 02, 2008, the Canadian Globe and Mail newspaper published performance statistics for issues listed under the Canadian Toronto Stock Exchange Standard & Poor's TSX300 Index.

For 2007, Equinox placed 12th in the "Year to Date % Share Price Appreciation" category (188.89%) and 3rd in the "Most Active" category (average daily trading volume 5.24 million shares).

SOURCE: Equinox Minerals Limited

Equinox Minerals Limited Kevin J. van Niekerk Vice President, Investor Relations & Corporate Development [phone] Email: [e-mail] Website: www.equinoxminerals.com
Copyright (C) 2008 Marketwire. All rights reserved.

[Punicamelon]

Antwort auf Beitrag Nr.: 33.226.987 von Asynchronmaschine am 31.01.08 15:07:59

Cut-Off von 200ppm ist sehr sehr gut, vergleichbare Firmen arbeiten bei solchen grades mit 20USD Abbaukosten pro lbs Uran.
Das ist auf jeden Fall eine positive Überraschung. Mal schauen, wie viel sie von Ihren Reserven in die indicated Kategorie rüberziehen können.

[Benson1]

Aua Aua Aua...

das wird sehr schmerzhaft, wenn die Rohstoffblase platzt. Und dass sie platzt ist nur noch eine Frage der Zeit. Nicht ob, sondern wann...

Kursziel EQN: 0,50 Euro ...mit Glück.

[Asynchronmaschine]

Uranium Benefits From Global Nuclear Power Renaissance
There has been a renaissance in nuclear power over the past few years, and by 2050, the number of countries with nuclear power plants is likely to quadruple, Jeff Combs, president of uranium consulting company UxC, told the Mining Indaba 2008 today in Cape Town.

“Seems like every day a new plant is announced,” he said.
AbsolBanners Image

Combs said currently 21 countries had nuclear power reactors and a total of 440 reactors were currently generating about 375 gigawatts electric (GWe). This would increase to about 86 total potential countries by 2050, he said. About 700 plants are currently anticipated by 2030.

About 35 reactors are currently under construction with a total of approximately 30,000 megawatts electric (MWe) net new capacity anticipated over the next decade.

According to UxC’s nuclear power outlook report, China plans to increase production to 40 GWe by 2020, which would require the construction of two plants per year. Other plans include: Russia’s plans to build at least two reactors per year through 2025; India’s goal is to generate 20 to 30 GWe of nuclear capacity by 2020; South Korea’s objective of building eight new reactors; more than 30 potential reactor orders in the United States; South Africa’s aim of reaching 27 GWe by 2030; and Ukraine’s plans of attaining up to 30 GWe by 2030.

“However, it is important to emphasize that most things related to nuclear power require long gestation periods. In other words, the development of nuclear power around the world is not expected to happen at breakneck speed. That is probably a good thing, given the complexity of the technology and the significance of quality construction on the overall safety levels of reactors. Nevertheless, it is expected that once the first new reactors begin taking shape in different locations, the momentum will gradually lead to an acceleration of new builds,” the report notes.

The renaissance in nuclear power plants had led to a big jump in the price of uranium over the past few years. 2007 was a dynamic year for uranium, with unprecedented spot price volatility and continued production problems, Combs said.

An extensive period of depressed prices led to depressed production and exploration. Consequently, a small number of mega projects made a significant difference to price trends. Production problems at a number of mines around the world has caused significant changes to the uranium price during the year, he said.

In addition, hedge fund investment in uranium during 2005 and 2006 had helped to boost the price, but it had dropped off significantly in 2007.

After these significant price increases in 2006 and early 2007, the spot price is now dropping because of small near term demand, but longer term prices were likely to be steady, he said.

“Prospects for uranium look good. Spot prices are likely to remain volatile until a clear picture of future supply and demand emerges,” Combs said

[Asynchronmaschine]

neue fotos




und das von der konkurenz
Petaquilla copper mine costs double

TORONTO -- The estimated cost to develop the Petaquilla copper project in Panama has more than doubled to $3.5-billion due to higher costs and design changes, stakeholders Inmet Mining, Petaquilla Copper Ltd. and Teck Cominco Ltd. said on Friday.

Projected cash costs per pound of copper also rose, by about 12%, leading to debate among the three firms about whether to go ahead with the project, said Jochen Tilk, Inmet's president and chief operating officer.

"When you look at the capital costs and operating costs, it's not a slam dunk," Mr. Tilk said in an interview.

"But, going forward, we think this is a very consistent pattern in the industry. It's very hard to believe there is another project of the quality of Petaquilla that could be developed at any lower development cost."

Inmet's stock slipped $1.04, or 1.5%, to $70.11, and Petaquilla's fell 30 cents, or 15.5%, to $1.64 on the Toronto Stock Exchange. Teck shares were up 62 cents, or 1.8%, at $35.29.

The $3.5-billion price tag is up from a $1.7-billion estimate the companies issued just over a year ago. That was based on a 1998 feasibility study of Petaquilla, considered one of the biggest undeveloped copper projects in the world.

The cash costs are now seen at about 85 cents per pound of copper produced in the first 10 years of the project, up from 76 cents a pound in the January, 2007, estimate.

The rise is due to enhanced erosion control, water management and other environmental protection measures, as well as higher equipment and construction costs, the companies said.

"The way people are looking at this project now is very different than it was looked at in 1997-98," Mr. Tilk said, referring to the 1998 feasibility study.

Environmental considerations "weren't as advanced or well-addressed ... 10 years ago as they are today," he said.

In its first 10 years, Petaquilla is expected to produce an average of 223,000 tonnes of copper a year and an average of 87,000 ounces of gold, although production is expected to rise over the 23-year life of the mine.

The copper grade is seen at 0.5% and the gold grade at 0.09 grams per tonne.

Construction is expected to take about 44 months after permits are issued. Permitting would follow the submission of a social and environmental impact assessment, expected to be completed in the fourth quarter of 2008.

The project includes a concentrator capable of processing 120,000 tonnes per day of ore.

Respectively, Inmet and Petaquilla Copper hold a 48% and 52% equity interest in Panama's Minera Petaquilla, SA, which holds the Petaquilla concession.

Vancouver-based Teck Cominco has the option to acquire a 26% equity interest in Minera Petaquilla if it commits to fund 52% of the project's development costs.

[snowflyer1]

Antwort auf Beitrag Nr.: 33.270.195 von Benson1 am 05.02.08 11:56:27

mach das doch einfach mit den chinesen ab! schliesslich kaufen die die ganzen rohstoffe vom markt weg, so musst du uns ned nerven!!

[raven-666]

Antwort auf Beitrag Nr.: 33.270.195 von Benson1 am 05.02.08 11:56:27

...aufwachen bitte!

noch immer nicht von der .com - blase erholt??

[Coxos]

Präsentation
http://audability.com/AudabilityAdmin/Clients/BMO/10571_2252…

[aurarius]

hi @ everybody,

habe mich aufgrund gesundheitlicher gründe länger aus der diskussion zurückgezogen, halte aber hart und beständig.

sieht mir bislang nicht falsch aus......... jeder situation zum trotz :

wurden nicht aussagen mit so einer rohöhlsache über hundert auch belächelt? heutiger aktualisierender einblick stimmt mich doch positiv !!!!!!!!!!!!!

gruss aurarius

[Coxos]

Einfach nur geil!!

[Coxos]

...
West Perth-based minerals explorer Equinox Minerals will join the S&P/ASX 200, while Atlas Iron, Aspen Group, Ausdrill, Avoca Resources, Copperco, Carnarvon Petroleum Dominion Mining, Imdex, Nido Petroleum and NRW Holdings will all join the Top 300 index.

Swiss mining giant Xstrata is rumoured to be considering a takeover bid for Equinox

, after Canadian investor First Quantum Minerals acquired a 17 per cent stake in the company.
...

http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=6…

[raven-666]

kursziel?

nachdem die aktien im moment ziemlich abgestraft werden....

[Coxos]

2009-10
--> 2stelliger Euro Kurs

[Coxos]

UBS revalues African miners
Posted: March 13, 2008, 11:25 AM by Peter Koven
Mining
Analyst Onno Rutten, formerly of Scotia Capital, has made the leap to UBS Securities and picked up coverage of African miners Katanga Mining Ltd., Equinox Minerals Ltd., and First Quantum Minerals Ltd. He is maintaining "buy" ratings that UBS had on each name, but making some big changes to valuations.

On Katanga, he is slashing the price target to $21 a share from $25 to reflect higher assumed costs and the production timeline. Katanga has bought Nikanor PLC and is combining their operations in the Democratic Republic of Congo (DRC). A feasibility study on the combined business is expected in the third quarter, and Mr. Rutten notes that it is an important catalyst.

"Uncertainty regarding costs, together with the substantial operating challenge of rehabilitating a large mine/refinery complex and the poor state of infrastructure in the DRC are key risks to Katanga," he wrote in a note to clients.

Mr. Rutten is chopping the target on First Quantum to $120 a share from $130 based on a "comprehensive model review and higher assumed taxes and royalties." He notes that the company trades at a 28% discount to his target and that First Quantum has mitigated much of its country risk by spreading it across Zambia, Mauritania and the DRC. But he also points out that attempts by the Zambian government to raise taxes and the DRC government to renegotiate contracts are "of concern."

Equinox goes against the grain, as Mr. Rutten is raising the target from $6.75 to $7 a share. That is despite the fact that he is assuming higher operating costs, a more conservative production ramp-up, and a modest tax re-negotiation at the company's Lumwana project. He also notes there is "substantial risk" of power shortages at Lumwana going forward.

All the same, Mr. Rutten considers Equinox one of his preferred copper names, with production starting up in a few months (and uranium to follow later), a large and expandable resource base, and the "strategic value of a long-life mine that is starting up in the current strong copper price cycle."

Peter Koven

[Coxos]

Keiner mehr dabei?
Hält sich verhältnismässig gut, die Perle.

[Coxos]

[Zockempire]

Zambia introduces higher taxes on foreign miners
Tue Apr 1, 2008 6:53am EDT

By Shapi Shacinda

LUSAKA, April 1 (Reuters) - Zambia began enforcing a new tax code on Tuesday that will see mining firms pay more in royalties and other taxes despite objections that the government has reneged on tax exemption deals with foreign investors.

All foreign firms in the copper-rich southern African nation are required this month to start paying the higher taxes.

The mineral royalty has increased to 3 percent from 0.6 percent, while corporate tax on the miners has risen to 30 percent from 25 percent. Zambia also has introduced a 15 percent variable profit tax on taxable income above 8 percent.

A minimum 25 percent windfall profit tax has been enacted.

"There is now a law in place with effect from today. We have a new tax regime for the mines and it is really a matter of the law," Mines and Minerals Development Minister Kalombo Mwansa told Reuters.

The bigger tax bite has outraged mining firms who have said the move could discourage investment in the sector, a major employer in Zambia accounting for a large share of foreign earnings.

Frederick Bantubonse, the head of the Chamber of Mines of Zambia, said the new taxes flew in the face of development agreements that had exempted foreign investors from paying taxes for as long as 20 years in some cases.

"This will discourage direct foreign investments because investors will have no confidence in the government if it can not honour signed agreements," Bantubonse told Reuters.

He added that mining companies might also face problems raising capital for upgrades and expansions of existing copper and cobalt mines in Zambia as a result of the tax changes, which would have a spin-off effect on job creation.

Konkola Copper Mines, a unit of London-listed Vedanta Resources Plc (VED.L: Quote, Profile, Research), and Mopani Copper Mines, a joint venture of Swiss firm Glencore International AG [GLEN.UL] and Canada's First Quantum Minerals (FM.TO: Quote, Profile, Research), are among the major foreign miners in Zambia.

(Editing by Paul Simao and Chris Johnson) (Shapi Shacinda, Lusaka newsroom + 260-977843609/260-955779523, email: [e-mail])

[Joreme]

Antwort auf Beitrag Nr.: 33.777.672 von Zockempire am 01.04.08 14:51:08

http://network.nationalpost.com/np/blogs/tradingdesk/archive…

"Equinox's copper production is exempt but its future uranium production would be subject to the tax."

[Coxos]

März Photos online

[Coxos]

AT LUMWANA SITE, Zambia -At Lumwana, there is a palpable sense of energy in the air. After years of preparation and hard work, this massive copper project in a remote corner of northwest Zambia is just months away from production.

More than 4,000 local workers mill around the site as construction reaches its final stages. A huge processing plant sits idle, ready to process ore from two nearby pits. An army of gigantic Hitachi EH4500 diesel-electric trucks has already started hauling ore.

An employee village, which will house 1,000 worker families, is rapidly being erected.

Lumwana is the brainchild of Equinox Minerals Ltd., a company that has gone from virtual obscurity three years ago to being one of the most heavily traded names on the Toronto Stock Exchange; it was third on the entire TSX 300 last year.

Despite a hefty market cap of more than $3-billion, Equinox is essentially a "junior" company. It has one major project and no revenue. But the mine will soon be producing 169,000 tonnes of copper a year, with uranium to follow.

It will be Africa's biggest copper mine and will make Equinox a major player in the industry.

This is not the way it is supposed to happen. When junior companies identify big deposits, their job is usually to sell out to the highest bidder before there is any construction risk.

Instead of following that path, Equinox became a typically African success story by showing some initiative and bringing the project along on its own. It has done almost everything right. And now it has to ignore the takeover speculation as it works through the final few months to production.

Like many African mining stories, Equinox has its roots in Australia and Canada.

Management is based in Australia, and they took the company public there in 1994. But they found a more welcome home in 2004 on the TSX, where they reached investors who were used to the riskier parts of the world.

At the time, Equinox was a $50-million company trying to raise more than $500-million for a remote, low-grade project in a land-locked country that had gone undeveloped for a long time.

It was a hard slog.

"We went backward. We practically halved in market cap the first year," says Craig Williams, Equinox chief executive. "It took persistence and having a good story."

Lumwana was discovered in 1961, but there was no serious work done on it until Equinox got involved in 1999. At the time, the property was controlled by Phelps Dodge Corp., a major producer that showed little interest in it. Mr. Williams formed a joint venture with Phelps in which Equinox could earn 51% of Lumwana by investing US$10-million and completing a feasibility study. Later, he struck a deal to buy Phelps out for a laughable US$5-million. That contract is framed on the wall at Equinox's head office today.

"You have to put it in context," Mr. Williams says. "Copper was 63¢ [a pound]. Frankly, Phelps Dodge was struggling at that point and selling assets all over the world. We just hit them at a good time."

Equinox eventually identified a measured and indicated resource of about 13.8 billion pounds of copper and 21.8 million pounds of uranium. That is big enough to be a world-class resource, but there were still those who complained it was too low-grade or too remote to get developed by anyone, much less a little-known junior.

Mr. Williams set out to prove them wrong. He put together a team with experience building mines in Africa, and he has kept them together for five years. Project manager Harry Michael also built the Geita mine in Tanzania, which is one of Africa's largest gold mines. He ended up bringing nearly all of Geita's senior management with him to Equinox.

Construction of the mine started in earnest in late 2006, and investors gradually started to understand that Lumwana was for real. The stock vaulted to more than $5 today from less than $1 in late 2005.

Mr. Williams initially thought he would need to raise about US$350-million to build the mine. It ended up costing nearly US$800-million. But Equinox has done a remarkable job of keeping the project on budget as competitors struggle with spiralling costs.

The key move was ordering the big mining and plant equipment years before it would be needed. Equinox did an equity raising of $29-million in 2005, and nearly all of it went right out the door in the form of deposits on equipment. It was a big risk, but the company saw the shortages coming and locked in ahead of time. The company bought 27 of the monster Hitachis at a cost about US$3.5-million each. They weight 200 tonnes and can handle loads of 240 tonnes.

Equinox also secured crucial offtake agreements with two smelters, and a 15-year power supply contract with Zambia's state-owned utility, in which it will use about 8% of the country's total supply.

In Central Africa, another big problem is the unskilled workforce. About 80% of workers in rural Zambia have never even driven a car, much less a giant truck. Equinox brought in four simulators, at a cost of about US$400,000 a piece to give each employee at least 40 hours of training before they start working in the open pits.

For their services, workers get on-site housing, as well as salaries of about $14,000 a year. That amounts to a Lotto 6/49 jackpot in this corner of the world . The company is worried some of the tiny homes will end up housing nine or 10 people as employees move in their family and friends.

Lumwana is about 83% complete, and it is easy to get a sense of what it will look like when up and running. What stands out is how big it is: the land position covers 1,355 square kilometres, and Equinox has utilized 40,000 cubic metres of concrete and 2,000 tonnes of steel. About 60 kilometres of piping and 180 kilometres of electrical cable will go in over the next few months.

While the company has silenced the doubters who didn't think the mine would ever get built, a new theme has emerged among investors that Equinox is less than thrilled about: A potential takeover of the company.

The speculation began in earnest this past December when rival First Quantum Minerals Ltd. announced it bought 17.27% of Equinox shares. First Quantum has denied investing for any reason other than Lumwana is a good project. But some analysts speculate Equinox could effectively be in play. Alec Kodatsky at UBS even published a note saying a major company could expand Lumwana faster than Equinox.

First Quantum was the first company to set up a successful mining operation in the Zambian copperbelt back in the 1990s, and has paved the way for Equinox and others. But the Equinox team feels slighted by First Quantum, who they claim were dismissive of Lumwana at the beginning. It's a different story today; First Quantum is now talking up potential synergies between Lumwana and its own Kansanshi project nearby.

"If, for whatever reason, Equinox has any problems in the future, then we might review that stake. Either increase ir or decrease it. We have those options," says Clive Newall, president of First Quantum.

While First Quantum appears to be in no hurry to buy more Equinox shares, experts say there is good reason for it to do so. First Quantum stock has outperformed every mining stock in the S&P/TSX Composite Index in the past few years because it built the best growth profile. However, much of that is in the politically unstable Democratic Republic of Congo, where title is a concern. Investors may prefer a focus on Zambia, a more stable country that First Quantum knows well.

None of this talk makes Mr. Williams very happy. He knows Equinox is most vulnerable now, because the stock will get valued higher once Lumwana is in production. And he knows Lumwana is one of the few greenfield copper projects big enough to interest a major. He thinks First Quantum just recognized it was cheap and was not going to get any cheaper.

He says he "absolutely" does not want to sell at this stage of the game, and that any company thinking of coming after him should be prepared for a fight.

In the meantime, he can finally enjoy a little credit for building a giant mine in an obscure corner of the world that almost no one believed in until he convinced them otherwise.

"I just had a meeting with one of the world's largest mining companies who had just been through the copperbelt in the DRC and Zambia," he says.

"They visited all the copper mines. And when they got to Lumwana, they said 'This is the only one that is being run like us, like we would do it.' "

---------

CONSTRUCTION COST

US$762M

DEBT FACILITY RAISED

US$584M

EQUITY RAISED SINCE JAN. '06

US$427M

TONNES OF COPPER PER YEAR

169,000

TOTAL POUNDS OF COPPER

13.8B

TOTAL POUNDS OF URANIUM

21.8M

[Coxos]

http://maximumprofit.wordpress.com/

[Coxos]

April Fotos sind da

[Coxos]

Equinox Releases Positive Lumwana Uranium Feasibility Study

[raven-666]

klingt lecka

[fanaticaktien]

....gestern gab es news,deshalb der starke anstieg,kann die seite nicht öffnen,kann einer mal hier reinstellen oder kopieren.....danke

[raven-666]

schaut gut aus und wird immer besser.... ich denke wir sehen 2 stellig bis mitte 2009 wenn es so weiter geht.

[fanaticaktien]

...du daß ist unbestritten,aber ich würde trotzdem die nachricht lesen wollen

aloha

[Swenmx]

Antwort auf Beitrag Nr.: 34.035.200 von fanaticaktien am 06.05.08 10:55:34

Equinox Minerals Limited (TSX and ASX symbol: “EQN”) ("Equinox" or the “Company”) is pleased to report that the commissioning of the Lumwana Copper Project’s Raw Water Systems has been completed with the testing and pumping of the process plant raw water system reclaiming raw water from the project’s completed raw water dam. Pumping tests filled the process and raw water pond achieving design rates of 500 m3 per hour per pump station.

[fanaticaktien]

..danke

[KNORPEL]

[Benson1]

Der Schrott fliegt euch bald um die Ohren... sorry.

Leider explodiert die Rohstoffblase bald.

[raven-666]

glaubst du das wirklich?

konsolidierung ja, aber kein platzen der blase

[ramses04]

http://www.financial.de/news/top-stories/2008/06/12/topstory…

[raven-666]

die produktion ist in greifbare nähe gerückt, wie schaut es mit dem aktienkurs aus? wie wird er sich im zeitraum bis ende 2008 bewegen?

[toynet]

Antwort auf Beitrag Nr.: 34.316.295 von raven-666 am 17.06.08 14:21:56

Gute Frage, ...

Hier erst mal die Fotos vom Mai 08

http://www.equinoxminerals.com/development/lumwana-developme…


TN

[toynet]

Lumwana SAG Mill Commissioning Commences

www.equinoxminerals.com/files/files/611_SAGMillCommissioning…



TN

[Punicamelon]

Damage to Lumwana Transformer and Substation

Equinox Minerals Limited (TSX and ASX symbol: “EQN”) ("Equinox" or the “Company”) reports that a fire
caused damage to the 20MVA transformer and adjacent 11kV substation on the 7 July.

The above equipment forms part of the process plant facility currently being commissioned by the
Company’s EPC contractor, the Ausenco Bateman Joint Venture (“ABV”).

Whilst no further information is available at this stage, the Company anticipates a delay to project completion
and handover as a result of this incident and awaits further advice from ABV into remedial measures and
schedule implications.

http://www.equinoxminerals.com/files/files/615_Substation_08…

[toynet]

Equinox Provides Lumwana Completion Update

Equinox Minerals Limited (TSX and ASX symbol: “EQN”) ("Equinox" or the “Company”) reported on July 7 2008 that a fire had caused damage to a 20MVA transformer and adjacent 11kV substation. This equipment forms part of the process plant facility currently being commissioned by the Company’s EPC contractor, the Ausenco Bateman Joint Venture (“ABV”).

Assessments have been conducted by independent experts, insurance loss adjusters and ABV engineers to identify equipment that will require replacement. Remediation of the damaged area has begun and ordering of requisite replacement items has commenced.

Equinox advises that the recovery schedule and project hand-over from the EPC Contractor based on current lead times for the replacement, installation and testing of the new equipment is now expected to be December 2008.

The Company has vigorously pursued claims under its insurance policies that provide cover for material damage and delay in start-up coverage and has received liquidated damages under the EPC Contract.

Completion work is continuing elsewhere on the project whilst the remediation program is implemented with reticulated power from the Zambian utility, ZESCO, remaining unaffected and available.

Mr Craig Williams, Equinox’s President and CEO said; “While this is an unfortunate event, our focus remains on delivering a world class asset and facilities to our shareholders and the people of Zambia. Lumwana is a project that will deliver strong returns and provide significant scope for expansion in the near future. We will keep shareholders informed as the Company progresses towards first concentrate production.”






On Behalf of the Board of Directors of Equinox:



Craig R. Williams - President & Chief Executive Officer



http://www.equinoxminerals.com/files/files/616_Lumwana_Commi…

[toynet]

Update:

Equinox Drills Kanga and Extends Malundwe Deposit at Lumwana


http://www.equinoxminerals.com/files/files/619_Kanga_Update_…

[kokkie535]

was ist hier los????... warum fällt der kurs so extrem?

[kokkie535]

Keiner mehr da????... Wir fallen und fallen... woran liegts?

[Coxos]

schau mal hier
http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=59…
wie es den anderen kupferfirmen kursmässig ergeht
ein grauemhaftes massaker auch dort
eigentlich in jedem rohstoffsegment

http://spreadsheets.google.com/pub?key=pSvrnHoPCA_nXKFwMPAAK…

[kokkie535]

Ist eigentlich von euch noch einer dabei?

[kokkie535]

Hier sind wohl alle abgesprungen.... Naja war schön..

[Swenmx]

Ist der Laden Insolvent oder weis einer was hier los ist??

Swenmx

[1961441]

http://www.equinoxminerals.com/files/files/641_Oct_7_08_Lumw…

[Swenmx]

Antwort auf Beitrag Nr.: 35.765.346 von 1961441 am 30.10.08 16:04:16

Na dann kann es ja endlich los gehen mit Geld verdienen.Kupfer scheint sich ja auch wieder etwas zu erholen.

[Kostolany4]

Boden ist gefunden, habe heute zu 0,95 erste Position geordert.

[Mirex]

Meinungen ?
http://stocknessmonster.com/news-item?S=EQN&E=ASX&N=429415

[Stauder]

Das klingt alles sehr aussichtsreich über die Zukunftsaussichten von EQN. Das Risiko ist natürlich in erster Linie die Kupferpreisentwicklung und die Situation in Sambia. Die Uranstory bringt aber auch noch etwas Phantasie für die Zukunft mit, wenn Lumwana voll in Betrieb gegangen ist. Werde mir mal die nächsten Tage ein paar Teile ins Depot legen.

[ramses04]

http://www.financial.de/news/top-stories/2008/12/04/topstory…

[raven-666]

klingt gut, es kann nur aufwärts gehen, ich habe meine positionen auch ausgeweitet....

[ramses04]

http://www.rohstoff-welt.de/news/artikel.php?sid=10584

Und noch eine

[raven-666]

schaut das jetzt langsam nach ausbruch aus?

[meinBrot]

Warten & Tee trinken....EQN läuft im Moment wohl niemandem davon. Top Titel, aber Kupfer könnte noch rutschen...die Turbulenzen halten noch an...glaube wir haben Zeit -.-

[Norbert_2000]

TORONTO, ON - Equinox Minerals Limited (TSX and ASX symbol: “EQN”) ("Equinox" or the “Company”)
is pleased to provide the following update for its flagship Lumwana Copper Mine (“Lumwana”) in Zambia.

[Norbert_2000]

Project Completion
During construction the Lumwana Project achieved an excellent health and safety record, achieving over 5
million hours without a lost time injury and resulting in a lost time injury frequency rate of 0.3 (per 200,000
hours), which management believes to be an outstanding result.
Subsequent to handover of the processing facilities late in November 2008, final preparatory works were
completed prior to the commencement of plant wet commissioning early in December.
Final project capital expenditure is estimated at US$814 million consistent with previous Company guidance.

[Norbert_2000]

December to Date Production
To the end of December 2008, Lumwana had processed 1,070,000 dry metric tonnes of ore producing
20,046 dry metric tonnes of concentrate at an average grade of approximately 40% copper, with nameplate
capacity of 2,450 tonnes per hour (equal to 20 Mtpa) being achieved on a 12 hour continuous shift basis.
Concentrate deliveries have commenced, with 12,156 tonnes of concentrate dispatched to various
destinations on the Copperbelt. Concentrate grade and specifications are both in accordance with design
expectations, testwork and all offtake agreements. Throughput rates are now being progressively increased
to test processing plant capacity. Concentrate production continues to ramp up towards steady state
commercial production.

[Norbert_2000]

Concentrate Deliveries
Concentrate deliveries to offtakers commenced on December 13, 2008. Long term contract deliveries will
commence later this month to Chambishi Copper Smelter (“CCS”), with interim deliveries of concentrate
going to international metal traders’ facilities on the Zambian Copperbelt under short term contracts.
Scheduled tonnages of concentrate presented to the Mufulira Smelter of Mopani Copper Mines Plc
(“Mopani”) (owned by Glencore/First Quantum Minerals), whilst in accordance with contract specifications,
have not been accepted for delivery by Mopani and Glencore to date. Mopani and Glencore have claimed
that the Lumwana concentrate does not meet contract specifications. The Company maintains that the
Lumwana concentrates are within the contract specifications and the shipments have been re-directed to
international traders. The Company intends to pursue its rights under the contracts with Mopani and
Glencore.
With CCS as the primary offtaker, Equinox has offtake flexibility with a number of other local Zambian and
international buyers whose facilities may be used for any additional concentrate production.

[Norbert_2000]

2009 Production Forecast
With production ramp up progressing smoothly, the Company estimates production for 2009 will total
170,000 tonnes (375 million pounds) of copper metal in concentrates at a cash (C1) operating cost of
US$1.15 per pound. As can be expected, unit production costs are anticipated to be higher in the early part
of 2009 until steady state production activities are reached, which is expected by mid-2009.
The Company’s objective is then to reduce operating costs over time and increase throughput from 20 Mtpa
to 24 Mtpa over an 18 month expansion program through optimization and de-bottlenecking. A further
medium-term expansion objective to 30 Mtpa throughput will be the subject of a feasibility study.

[Norbert_2000]

Town Development
Housing development in the Lumwana town continues to grow with over 450 houses completed to date, of
which 120 houses have already been allocated to local staff under a home ownership mortgage program.
The commencement and establishment of schools as well as specific commercial and retail developments
are expected to be operational this year, thus making the town a self-sustaining modern living environment.
To support this unique development, a new debt facility of US$25 million has been established with
Nederlandse Financierings-Maatshappij voor Ontwikkelingslanden N.V. (“FMO”), the Dutch development
funding institution, to complete the funding of town construction by providing the infrastructure and services
component required for the Lumwana town development. This debt facility is to be provided to the Lumwana
Property Development Company (“LPDC”), a special purpose vehicle established to own and manage the
Lumwana town. The loan has a term of 15 years with principal repayments commencing in 2012, and an
applicable interest rate of LIBOR plus 6.5%. Drawdown on the FMO facility is subject to a number of
Conditions Precedent that the Company expects to meet in Q1-09. The Conditions Precedent include the
submission of a business plan and financial model, legal opinions and other conditions precedent
customarily associated with finance arrangements. Consents from the Company’s existing Lenders will be
required prior to drawdown under this facility.

[Norbert_2000]

Lumwana Uranium Project
In April 2008 Equinox released the results of a feasibility study on the design of a treatment facility for the
uranium ore stockpile that will result from the selective mining of the discrete, high grade uranium zones
within the Lumwana copper orebodies. Subsequent to the release of this feasibility study the Government of
the Republic of Zambia (“GRZ”) has implemented its guidelines for uranium mining, processing and export
that are consistent with International Atomic Energy Agency guidelines and the Nuclear Non-proliferation
Treaty. The GRZ has recently approved the Lumwana Uranium Environmental Impact Assessment.
However, due to current difficulty in international project financing as well as current market prices for
uranium oxide, the Company believes it prudent to defer the implementation of this uranium project until
such conditions improve sufficiently to deliver appropriate shareholder value. In the interim, high grade
uranium ore will be stockpiled at Lumwana in accordance with Zambian legislation and international best
practice.

[Norbert_2000]

Dispute with ZESCO
The Company is in dispute with Zesco, the Zambian power utility that is providing power to Lumwana, over
electricity charges believed by Zesco to be incurred by the Company since late 2007. Zesco claims that
charges of about US$12 million are owed by the Company, which the Company disputes. The Company has
given Notice of Arbitration to the London Court of Arbitration to commence arbitration proceedings in an
effort to resolve the matter. Zesco has given Notice of Termination of the parties’ Power Supply Agreement
which could take effect on January 26, 2009. To ensure continued electricity supply and allow the arbitration
process to proceed, the Company has applied for Protective Relief in the High Court of Zambia to prevent
the Notice of Termination from taking effect, with a hearing scheduled for January 14, 2009.
The Company remains confident of a positive outcome with respect to both submissions, anticipating that
continuity of supply will not be affected given contractual due process being allowed to take place.

[Norbert_2000]

Fiscal Policy
As the Company has highlighted in previous guidance, it remains confident that the material components of
its Development Agreement with the GRZ will be honoured. The Company continues to work closely with
GRZ to secure the relevant incentives to ensure the fundamental economics of Lumwana remain intact. To
that extent, the Company has recently secured a Statutory Instrument for exemption of the concentrate
export tax recently legislated by the GRZ for Lumwana concentrate production that may be exported. The
Company has previously been granted Statutory Instruments for exemptions from import duty and for excise
applicable to fuel and electricity consistent with the Lumwana Development Agreement, and continues to
work with relevant Ministries in realizing the remaining incentives as they may be required. The recent
international financial crisis has reinforced the Company’s consultative approach with the Government as
being in the best interests of its shareholders as well as the people of Zambia.

[Norbert_2000]

Insurance Claim
As a consequence of the transformer fire in July 2008, the Company has submitted claims under its material
damage and delay in start-up insurance policies. The insurance syndicate has accepted indemnity for the
incident and the claim process is well underway, with interim payments received and indicative receipts from
the underwriters, subject to final confirmation, being in the vicinity of US$10 – 15 million.

[Norbert_2000]

Hedging
The Company has hedging in place, comprising Forwards and Deferred Premium Puts, for about 30% of its
first 3 years of production. The Company’s hedging book covering the period from January 2009 to March
2011 currently totals 124,585 tonnes of copper at an average price of US$2.65 per pound of copper
(US$2.39 net of put option premiums). Note that the hedging contracts between October-December 2008
have been closed out/matured, realizing a net benefit of US$22.4 million for the Company. As an indication
of the current value of the remaining hedge book as of January 5, 2009, the Mark-to-Market value, net of
costs, at a copper price of US$1.45/lb is US$243 million.

[Norbert_2000]

Conference Call
The Company will host a conference call to discuss this press release. The call will take place on Thursday,
January 8, 2009 hosted by Equinox President & CEO, Craig R. Williams with participation by Harry Michael,
VP of Operations & COO and Michael Klessens, VP Finance and CFO.
Date: Thursday, January 8, 2009.
Time: 8:00 HRS (Pacific Time); 11:00 HRS (Eastern Time); 16:00 HRS (Greenwich Mean Time).
Dial-in: The local number is 1-647-427-3420
0-800-051-7107 (UK); 1-800-287-011 (Australia); 1-888-300-0053 (Canada & USA).
Code: 80142046
Participants are welcomed to begin calling in to register for the call 20 minutes prior to the call.
Replay: 402-220-2887 or 1-800-395-0403
Replay pass code: 80142046
The conference call replay will be available until 11:59 HRS (Eastern Time) on January 15, 2009.
An archived transcript of the call will also be available on the Company’s website.
Craig R. Williams - President & Chief Executive Officer
For further information please contact:
Craig R. Williams (President and Chief Executive Officer), Michael Klessens (V.P. Finance and CFO)
Phone: [phone] Email: [e-mail]
or
Kevin van Niekerk (V.P. Investor Relations/Corporate Development)
Phone: [phone] Email: [e-mail]
Lumwana Project Update
January 2009
For information on Equinox and technical details on the Lumwana Mine please refer to the company
website at
www.equinoxminerals.com

[Norbert_2000]

Toronto, ON - Equinox Minerals Limited (TSX und ASX-Symbol: "EQN") ( "Equinox" oder die "Gesellschaft")
freut sich, das folgende Update für ihr Flaggschiff Lumwana Copper Mine ( "Lumwana") in Sambia.

[Norbert_2000]

Projekt-Abschluss
Während der Bau der Lumwana Projekt erreicht eine hervorragende Gesundheit und Sicherheit, zu erreichen über 5
Millionen Stunden ohne verlorene Zeit und die daraus resultierenden Verletzungen in eine verlorene Zeit Schädigung Häufigkeit von 0,3 (pro 200.000
Stunden), die Verwaltung ist der Auffassung, zu einem hervorragenden Ergebnis.
Nach Übergabe der Verarbeitungsanlagen spät im November 2008, endgültig vorbereitenden Arbeiten wurden
, die vor dem Beginn der Pflanze nass Inbetriebnahme Anfang Dezember.
Final Projekt Investitionen beläuft sich auf US $ 814 Millionen im Einklang mit früheren Firma Beratung.

[Norbert_2000]

Dezember bis zum Datum der Produktion
Bis Ende Dezember 2008, hatte Lumwana trocken verarbeitet 1070000 Tonnen Erz produziert
20046 trockenen Tonnen Konzentrat mit einer durchschnittlichen Note von etwa 40% Kupfer, mit Namensschild
Kapazität von 2450 Tonnen pro Stunde (mindestens 20 Mtpa) erreicht auf einer kontinuierlichen 12-Stunden-Schicht Grundlage.
Konzentrat Lieferungen begonnen hat, mit 12.156 Tonnen Konzentrat versandt zu verschiedenen
Destinationen auf der Copperbelt. Konzentrat Klasse und Spezifikationen sind in Einklang mit Design
Erwartungen, testwork und Abnahme Vereinbarungen. Durchsatz werden nun schrittweise erhöht
zu testen Verarbeitungsbetrieb Kapazität. Konzentration der Produktion weiterhin Rampe bis zur stationären
kommerziellen Produktion.

[Fantomas96]

Was ist denn heute in Kanada los ?






Fast 20 Mio. Aktien bisher gehandelt und noch eine Stunde Trading !


FANTOMAS

[Swenmx]

http://www.rohstoff-welt.de/news/artikel.php?sid=11874#Equin…

[Mirex]

http://finance.yahoo.com/news/Equinox-Announces-Release-of-c…

[Fantomas96]

Reaktion auf das Financing zu CAD 1,80





http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:…


Equinox Minerals provides $160-million financing terms


2009-04-07 10:37 ET - News Release

Mr. Craig Williams reports

EQUINOX ANNOUNCES TERMS OF EQUITY OFFERING

Equinox Minerals Ltd., in connection with its previously announced public offering, has entered into an underwriting agreement with a syndicate of underwriters led by CIBC World Markets Inc. and Goldman Sachs Canada Inc., an affiliate of Goldman Sachs JBWere Pty. Ltd., and including Cormark Securities Inc., GMP Securities LP, Paradigm Capital Inc., Raymond James Inc., Macquarie Capital Markets Canada Ltd. and UBS Securities Canada Inc. to sell 88.9 million common shares of the company at a price of $1.80 per share to raise gross proceeds of $160.02-million. The shares are being offered by way of a short-form prospectus in each of the provinces and territories of Canada, other than Quebec. CIBC World Markets Inc. and Goldman Sachs JBWere Pty. Ltd. have been appointed joint book runners for the transaction.

The underwriters have also been granted an option to purchase up to an additional 13,335,000 shares on the same terms and conditions as the offering, exercisable at any time, in whole or in part, up to 30 days from the closing of the offering. If the overallotment option is exercised in full, the total gross proceeds to Equinox will be $184,023,000.

Equinox intends to use the net proceeds of the offering to strengthen its capital position, to evaluate and fund expansion opportunities at the Lumwana project, to purchase and extinguish an existing net smelter return royalty in connection with the Lumwana project, and for general corporate purposes.

The offering is scheduled to close on or about April 22, 2009, and is subject to certain customary conditions and regulatory approvals, including the approval of the Toronto Stock Exchange.

We seek Safe Harbor.

[Mirex]

http://stocknessmonster.com/news-item?S=EQN&E=ASX&N=444072

[Swenmx]

Equinox Minerals Ltd. verkauft Kupfer an Vedanta Resources Plc.
07.05.2009 | 10:17 Uhr | Rohstoff-Welt.de
Equinox wird 70.000 bis 80.000 t Konzentrat pro Jahr an Vedanta Resources' Tochtergesellschaft in Sambia, Konkola Copper Mines Ltd. verkaufen. Die Kupferproduktion stammt aus der Lumwana Mine in Sambia. Der Vertrag wurde für einen Zeitraum von fünf Jahren abgeschlossen.

Im März hatte Equinox bekanntgegeben, dass Glencore International AG die Annahme der Konzentrate zur Raffinierung verweigert hatte, da sie mit Uran kontaminiert waren. Ursprünglich wollte Glencore jährlich 80.000 t Konzentrat von Lumwana raffinieren.

Equinox wird auch weiterhin Kupferkonzentrate an internationale Metallhändler verkaufen.

Im ersten Quartal per 31. März 2009 wies das Unternehmen einen Nettoverlust von 60,6 Mio. $ aus. Insgesamt wurden im Quartal 23.966 t Kupfer verkauft.


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[Swenmx]

[Swenmx]

Antwort auf Beitrag Nr.: 37.468.555 von Swenmx am 25.06.09 18:36:26

Thread: Kein Titel für Thread 1245947725

[Swenmx]

Antwort auf Beitrag Nr.: 37.468.563 von Swenmx am 25.06.09 18:37:17

[Swenmx]

Antwort auf Beitrag Nr.: 37.468.612 von Swenmx am 25.06.09 18:42:40

[Swenmx]

Antwort auf Beitrag Nr.: 37.633.554 von Swenmx am 23.07.09 17:18:39

[Swenmx]

Antwort auf Beitrag Nr.: 37.633.564 von Swenmx am 23.07.09 17:19:42

[Swenmx]

Antwort auf Beitrag Nr.: 37.633.597 von Swenmx am 23.07.09 17:22:54

[curacanne]

noch jemand da?

[DIE_GERECHTIGKEIT]

Antwort auf Beitrag Nr.: 38.021.091 von curacanne am 21.09.09 11:36:52

Nö!

Was ist hier eigentlich los?

Kann mir jemand dieses Chartbild erklären?

[krumpli]

Was ist eure Meinung zum jetzigen Kurs? Lohnt es sich noch (von der Fundamentalischen Seite her) einzusteigen?