Unity Mining, vormals Bendigo Mining

ISIN: AU000000UML3 | WKN: A1H4LG
0,00 %
0,000 EUR

Begriffe und/oder Benutzer


Das Tal der Tränen (siehe Chart) ist durchbrochen. Hier besteht durchaus die Change mindestens einen Verdoppler zu ergattern.

Die u.g. Firma kaufte nach dem Kursverfall (siehe Chart) 10 Prozent von Bendigo Mining. Hier besteht die Change zum Einstieg. Denn der CEO von St Barbara, Ed Eshuys verstand es immer durch sehr exacte Bohrungen an das Gold zu kommen. Mehrere hundert Prozent Gewinn (Aktienpotential) waren immer drin.

St Barbara is an Australian gold producer, founded in 1969 and presently based in Melbourne, Victoria.

The Company is listed on the Australian Stock Exchange (ticker symbol SBM). The Company is also a founding member of the Australian Gold Council.

The Board comprises of a non-Executive Chairman, Mr Colin Wise, four non-Executive Directors and the Managing Director/CEO. The senior executives of the Company have extensive experience in all aspects of gold and base metal exploration, development and mining.

The Company’s key assets include its people, Southern Cross Operations, planned Leonora Operations and an extensive land package; all in Western Australia.

At Southern Cross Operations, ore is currently sourced from the Hercules open pit and Marvel Loch underground. The ore is treated through a 2.5Mtpa treatment plant at Marvel Loch. Regional exploration for open pittable ore is on going.

Leonora Operations comprise the Gwalia underground and Tarmoola open pit. Tarmoola has a 3.5Mtpa treatment plant and Gwalia has a 1.5Mtpa treatment plant. Both are on care and maintenance. Feasibility studies for recommencement of mining at each site are currently underway.
Antwort auf Beitrag Nr.: 29.116.843 von Depotmanager04 am 03.05.07 18:02:26Scheinbar eine interessante Spekulation. Kannst Du noch mehr Infos reinstellen?

G ra369
Antwort auf Beitrag Nr.: 29.133.039 von ra369 am 04.05.07 15:27:13BUILDING A PROFITABLE MID-TIER GOLD MINING BUSINESS
Bendigo Mining Limited (ASX: BDG) is an Australian company developing one of the world's largest and highest-grade new gold projects.The Bendigo Goldfield produced some 22 million ounces of gold over a century of mining and is estimated to contain high-grade gold mineralisation beneath the historic workings.
The Company's mission is to create a sustainable production base through continued exploration and development of the Bendigo deposit.
The Company is in a strong position to rebuild value with a process plant, mine equipment and underground mine access to explore, and then exploit successful future discoveries.
Antwort auf Beitrag Nr.: 29.133.039 von ra369 am 04.05.07 15:27:13schaue mal auf der hompage...http://www.bmnl.com.au/
Ich hoffe dass Bendogo den return schafft; dann sind ein paar hundert Prozent wirklich drinn.;)
Guten Tag

In der Tat, sollte Bendigo das Comeback schaffen, wird das derb. :)
Die ham ja ordentlich Geld auf der Bank, für die Exlporation.
Das könnte schon was werden. Ist und bleibt fürs Nächste sehr spekulativ.
Antwort auf Beitrag Nr.: 29.187.309 von acaied am 07.05.07 14:01:30HI, spekulativ...Explorer sind immer spekulativ. Schauen wir mal wie es weiter geht.;)
Bendigo Mining share price jumps, grave-robber steals gold fillings
Posted by The Daily Reckoning on Apr 27th, 2007
The spot gold price closed in Sydney trading at USD$686 an ounce yesterday, down USD$2.65 an ounce on Tuesday’s close. Gold miners were mixed; while Newcrest (ASX:NCM) gained four cents to AUD$23.60 and Lihir (ASX:LHG) picked up one cent to AUD$3.02, Newmont (ASX:NEM) shed three cents to AUD$5.27.

In international trading overnight, gold fell by more than USD$10 to USD$673.90, while gold futures for June delivery fell USD$9.40 to an eight week low of USD$678. Bloomberg reports that a rebound in the dollar may have reduced the appeal gold as an alternative investment.

“The surprising strength in the dollar overnight has had a negative impact in the gold market,” said Daniel Vaught, a commodity analyst at A.G. Edwards. “You’re seeing general weakness in gold because it didn’t break out of USD$700 when it had the chance.”

Beleaguered gold producer Bendigo Mining (ASX:BDG) has released a quarterly report that saw a lift in its share price to AUD$0.38 cents at close. New Managing Director Rod Hanson described the March quarter as a “turning point” with exploration focusing on the more prospective Garden Gully line after the Sheepshead System returned disappointing results, Mineweb reports. The company produces 12, 822 ounces during the quarter, a lift on the previous quarter’s result of 9,209 ounces.

To counteract recent weak results in Canada, the Italian Trade Commission has organised a promotional event for Italian goldsmithery in Canada. Called Sublime, the showcase is aimed at promoting Italian gold jewellery across Canada, where there is intense competition from the United States and China.

In 2006, Italian gold jewellery earned C$3.3 million in export - just 7% of gold exports into Canada - and forecasts for 2007 are not good, according to Tandem Magazine.

A man who lived next to a cemetery in New York has been arrested for allegedly stealing jewellery and gold dental fillings from graves, Newsday reports. Joseph Vecchiarelli, 28, sold one ring and had a second in his possession, and was charged with six counts of interfering with a cemetery or burial ground and one count of larceny.

Vecchiarelli never sold the fillings. “You can’t do anything with that,” said a police officer.

The Daily Reckoning Australia

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Gold producer Bendigo sees better times ahead
Troubled Bendigo Mining has painted a picture of better times ahead following a stock market mauling a few months ago after disclosing a second and more serious issue of underperformance that saw major management changes.

Author: Ross Louthean
Posted: Thursday , 26 Apr 2007


Bendigo Mining Ltd. (ASX: BDG), which has spent years re-establishing the famous Bendigo mining field that was one of Victoria's two famous gold mining centres of the late 1880s-early 1990s, today released a quarterly report that saw a lift in its share price to A38 cents at close, well above its A26¢/share basement but a long way from the pre-crunch range of 85¢ -$A1 range. An earlier market warning had seen on January 7 the market capitalisation of Bendigo Mining dive by $A215 M ($US178.8 M).

In those sobering days the company was contemplating a complete mining and milling halt as part of the reassessment, and while the recently commissioned plant was never a problem the climb back from low recovered grades has been steady without being spectacular. However, a shutdown now appears to be off the agenda.

The company's first mining target had been the Sheepshead system immediately accessed by its Swan decline shaft, but recoveries in the first few months were well below expectations and commercial requirements.

Today new managing director Rod Hanson described the March quarter as a "turning point" with exploration redirected to the more prospective Garden Gully line.

"We have committed to a fundamentally different approach in our exploration, and in line with this approach we are now making assessments of size and quality of mineralisation based on a combination of visual estimates, assays and our accumulated knowledge," Hanson said.

Two new reefs were discovered, both along open and along strike with one, Grenfell, defined in two sections 460 metres apart.

Results were encouraging and Grenfell may be larger than anything the company has mined to date. The report said underground access was now adjacent to the southern end of a 1.5 kilometre long zone of central Garden Gully where historic mining produced about 1.6 million oz at a grade of 16 grams/tonne. Hanson said the historical gold endowment of this area "is significantly greater" than southern Garden Gully where drilling is now underway. Testing of the central Garden Gully is planned to start next month.

March quarter production was 65,709 tonnes @ 6.8 grams/tonne for 12,822 ounces for total cash costs of $A599/oz ($US471/oz). While still well below the original targets for a ramp up to about 200,000 oz per annum by fiscal 2009/10, it was a positive lift on December quarter's 77,502t @ 4.4 g/t for 9,209 oz and the underwater total cash cost of $A1,041/oz ($US801/oz).

Though the company temporarily became a sow's ear to many investors and fund managers, the company maintained the view that there was still an endowment of 11 M oz in the Bendigo field, a large part of which is now covered by housing and infrastructure for the city of Bendigo.

The company, which foreshadowed some big writedowns in the current financial year, has the benefit of still being well cashed up after big capital raisings in the past year. It had cash in the bank at March end of $A68.8 M ($US57 M), and Hanson said the objective would be to focus on reducing expenditure and maximising cash to support the exploration strategy. This will include an auction of surplus mining equipment next month.

The new search approach is to target the more highly endowed Garden Gully and New Chum lines of mineralisation at depths of between 800-1,200m. These account for about 70% of Bendigo's historic production. Drilling is now being carried out from underground openings at around 750m depth.

Gold mineralisation at Bendigo consists mainly of large particles of visible gold grains in quartz veins. Hanson said that despite the issues with estimating grade by assaying the small samples obtained in drill core, the key estimation error in the initial reserves related more to the interpreted size of mineralised zones than grade.

"In the past, an over-emphasis on grade estimation resulted in a process where statistically-factored gold grades incorrectly defined the boundaries of mineralisation.

He said the company now uses a more fundamental approach better suited to local conditions. Geologists use their accumulated knowledge to make assessments of size and quality of mineralisation based on the visual examination of core. This assessment is backed by assays, the knowledge gained from processing 140,000t of ore and a reassessment of core drilled through those mined areas.

"This is a very different approach and will continue to be refined as more information is gathered.

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