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Ucore Rare Metals Inc.: U.S. Senators Murkowski, Begich and Alaska State Senators McGuire, Gardner and Ellis Introduce Legislation to Advance Bokan
REUTERS | Tue Feb 5, 2013 9:37am EST
Ucore Rare Metals Inc.: U.S. Senators Murkowski, Begich and Alaska State
Senators McGuire, Gardner and Ellis Introduce Legislation to Advance Bokan
HALIFAX, NOVA SCOTIA--(Marketwire - Feb. 5, 2013) - Ucore Rare Metals Inc.
(TSX VENTURE:UCU) ("Ucore" or "the Company") is pleased to report that United
States Senators Lisa Murkowski (R-AK) and Mark Begich (D-AK) jointly
introduced a bill in Washington DC to authorize construction of a road on
Prince of Wales Island to the Niblack and Bokan Mountain projects. Senator
Murkowski noted that this bill would permit development of a road that
minimizes costs, while also minimizing the effects on surface resources,
preventing unnecessary surface disturbances and complying with all
environmental laws and regulations.
Further, Ucore notes the introduction of Senate Joint Resolution No. 8 in the
Legislature of the State of Alaska by Senators McGuire, Gardner and Ellis (the
"Resolution"). The Resolution supports the continued and increased
exploration, extraction, processing and production of rare earth elements in
the State.
The Resolution supports a number of initiatives, and expressly urges State
agencies that administer permits required for the development of rare earth
element projects in Alaska to expedite the consideration and issuance of
permits for the development of rare earth element deposits. The initiative
further urges the Governor and the Department of Natural Resources to work
closely with the US Geological Survey, US Department of Commerce and US
Department of Defense to promote the development of rare earth elements
extraction, processing and production in the State. The Resolution also urges
the U.S. Congress to support the efforts of the State to develop rare earth
elements for the benefit of the economic and national security of the United
States.
"We're highly encouraged by these two initiatives to expedite the development
of the Bokan project", stated Jim McKenzie, President & CEO of Ucore. "Alaska
legislators have been exceptionally supportive of our development, which
promises to bring skilled employment and numerous ancillary economic benefits
to an area with tremendous potential. The bills additionally acknowledge and
complement Ucore's commitment to complying with existing laws, fostering
economic development in the region, and advancing production of materials
designated as critical to national security by the U.S. Congress."
The Senate Bill and Resolution were independently introduced on January 30,
2013, both explicitly recognizing the heavy rare earth element content and
logistical advantages of Ucore's Bokan Mountain property.
http://www.reuters.com/article/2013/02/05/idUSnCCNHhbWSa+1e6…
REUTERS | Tue Feb 5, 2013 9:37am EST
Ucore Rare Metals Inc.: U.S. Senators Murkowski, Begich and Alaska State
Senators McGuire, Gardner and Ellis Introduce Legislation to Advance Bokan
HALIFAX, NOVA SCOTIA--(Marketwire - Feb. 5, 2013) - Ucore Rare Metals Inc.
(TSX VENTURE:UCU) ("Ucore" or "the Company") is pleased to report that United
States Senators Lisa Murkowski (R-AK) and Mark Begich (D-AK) jointly
introduced a bill in Washington DC to authorize construction of a road on
Prince of Wales Island to the Niblack and Bokan Mountain projects. Senator
Murkowski noted that this bill would permit development of a road that
minimizes costs, while also minimizing the effects on surface resources,
preventing unnecessary surface disturbances and complying with all
environmental laws and regulations.
Further, Ucore notes the introduction of Senate Joint Resolution No. 8 in the
Legislature of the State of Alaska by Senators McGuire, Gardner and Ellis (the
"Resolution"). The Resolution supports the continued and increased
exploration, extraction, processing and production of rare earth elements in
the State.
The Resolution supports a number of initiatives, and expressly urges State
agencies that administer permits required for the development of rare earth
element projects in Alaska to expedite the consideration and issuance of
permits for the development of rare earth element deposits. The initiative
further urges the Governor and the Department of Natural Resources to work
closely with the US Geological Survey, US Department of Commerce and US
Department of Defense to promote the development of rare earth elements
extraction, processing and production in the State. The Resolution also urges
the U.S. Congress to support the efforts of the State to develop rare earth
elements for the benefit of the economic and national security of the United
States.
"We're highly encouraged by these two initiatives to expedite the development
of the Bokan project", stated Jim McKenzie, President & CEO of Ucore. "Alaska
legislators have been exceptionally supportive of our development, which
promises to bring skilled employment and numerous ancillary economic benefits
to an area with tremendous potential. The bills additionally acknowledge and
complement Ucore's commitment to complying with existing laws, fostering
economic development in the region, and advancing production of materials
designated as critical to national security by the U.S. Congress."
The Senate Bill and Resolution were independently introduced on January 30,
2013, both explicitly recognizing the heavy rare earth element content and
logistical advantages of Ucore's Bokan Mountain property.
http://www.reuters.com/article/2013/02/05/idUSnCCNHhbWSa+1e6…
http://proedgewire.com/rare-earth-intel/ucore-rare-metals-th…
...
Ucore Rare Metals, The Next US Mine.
Posted on February 1, 2013 by Graeme Irvine
According to local Alaskan media, Ucore is set to become America’s second producing rare earth elements mine after Molycorp Inc, commencing production in 2016, if all goes to plan. Ucore, will develop its flagship Bokan Mountain rare earth element property situated at the southernmost part of the Alaskan panhandle, on the southern end of Prince of Wales Island. The Bokan Mountain project covers 30 sq. km (19 sq. miles.) Construction of the mine is due to start in 2014. Once in production, Chinese domination of the rare earths and metals sector, will come to a long overdue end. In recent years China has become something of an unreliable exporter of rare earth elements, due to an island dispute in the East China Sea with Japan.
Last November Ucore released their preliminary economic assessment on Bokan, showing a before-tax net present value of $577 million at a 10% discount rate and an impressive internal rate of return of 43 percent. According to Jim McKenzie, Ucore’s CEO, Bokan Mountain is the largest NI 43-101 compliant heavy REE resource located in the United States of America.
From Ucore’s website:
The Bokan – Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.
The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Company’s NI43-101 compliant resource estimate, released in March of 2011.
As anyone who follows the rare earths sector knows, it’s the heavy rare earths that are most desirable for profitability, being key components used in defence systems, green energy projects, electric vehicles, and medical devices, among other critical uses. That desirability in unlikely to alter anytime soon.
But that’s not all, Ucore’s property comes with some additional advantages that can fast track the development of the Bokan property. According to Bokan’s management, the Bokan-Dotson ridge project is the “only rare earth element deposit worldwide that comes with immediate deep water access; accessible labour and prospective power.” The US project also lies in Alaska, America’s most mining friendly state. There are unlikely to be permitting delays, meaning their timetable has a better than average chance of staying on track.
Being a second critical materials mine located in the USA, and blessed with the heavy rare earths, raising additional finance is unlikely to become an issue. And with the global economy tentatively having turned the corner in 2012, Ucore’s 2016 production timetable looks to me fortuitous at this time. Come 2016 there’s likely to be a resurgent REE demand.
...
...
Ucore Rare Metals, The Next US Mine.
Posted on February 1, 2013 by Graeme Irvine
According to local Alaskan media, Ucore is set to become America’s second producing rare earth elements mine after Molycorp Inc, commencing production in 2016, if all goes to plan. Ucore, will develop its flagship Bokan Mountain rare earth element property situated at the southernmost part of the Alaskan panhandle, on the southern end of Prince of Wales Island. The Bokan Mountain project covers 30 sq. km (19 sq. miles.) Construction of the mine is due to start in 2014. Once in production, Chinese domination of the rare earths and metals sector, will come to a long overdue end. In recent years China has become something of an unreliable exporter of rare earth elements, due to an island dispute in the East China Sea with Japan.
Last November Ucore released their preliminary economic assessment on Bokan, showing a before-tax net present value of $577 million at a 10% discount rate and an impressive internal rate of return of 43 percent. According to Jim McKenzie, Ucore’s CEO, Bokan Mountain is the largest NI 43-101 compliant heavy REE resource located in the United States of America.
From Ucore’s website:
The Bokan – Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.
The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Company’s NI43-101 compliant resource estimate, released in March of 2011.
As anyone who follows the rare earths sector knows, it’s the heavy rare earths that are most desirable for profitability, being key components used in defence systems, green energy projects, electric vehicles, and medical devices, among other critical uses. That desirability in unlikely to alter anytime soon.
But that’s not all, Ucore’s property comes with some additional advantages that can fast track the development of the Bokan property. According to Bokan’s management, the Bokan-Dotson ridge project is the “only rare earth element deposit worldwide that comes with immediate deep water access; accessible labour and prospective power.” The US project also lies in Alaska, America’s most mining friendly state. There are unlikely to be permitting delays, meaning their timetable has a better than average chance of staying on track.
Being a second critical materials mine located in the USA, and blessed with the heavy rare earths, raising additional finance is unlikely to become an issue. And with the global economy tentatively having turned the corner in 2012, Ucore’s 2016 production timetable looks to me fortuitous at this time. Come 2016 there’s likely to be a resurgent REE demand.
...
http://www.sitnews.us/0113News/013113/013113_se_economy.html
Road Access To Niblack and Bokan Mines Would Assist Southeast Alaska’s Economy
January 31, 2013
Thursday AM
(SitNews) WASHINGTON, D.C. – Wednesday, U.S. Sen. Lisa Murkowski (R-Alaska) introduced legislation to permit road access to two proposed multi-mineral mines on Prince of Wales Island in Southeast Alaska. The bill would authorize the building of road through inventoried roadless lands.
“Southeast Alaska is in dire need of new job opportunities,” Murkowski said. “These mines will bring stable, well-paying jobs to hundreds of residents, if we can resolve the access issue. My bill will make getting to work a much easier task for residents of Prince of Wales Island.”
The mines – Niblack and Bokan Mountain – could be open within three to four years, depending on final economic reviews and current permit approval time lines. Niblack is a gold, copper, zinc, and silver deposit, while Bokan Mountain is a rare earth elements mine. Bokan Mountain alone is expected to employ 200 workers.
The project would require building 26 miles of road (18 miles of which would be through roadless area) to Niblack mine, with another 50 miles of road to the Bokan Mountain mineral deposits. Without this legislation, workers would likely have to travel to Ketchikan and then take a boat across often dangerous waters to the reach the mine sites.
Source of News:
Office of U.S. Sen. Lisa Murkowski
www.murkowski.senate.gov
Road Access To Niblack and Bokan Mines Would Assist Southeast Alaska’s Economy
January 31, 2013
Thursday AM
(SitNews) WASHINGTON, D.C. – Wednesday, U.S. Sen. Lisa Murkowski (R-Alaska) introduced legislation to permit road access to two proposed multi-mineral mines on Prince of Wales Island in Southeast Alaska. The bill would authorize the building of road through inventoried roadless lands.
“Southeast Alaska is in dire need of new job opportunities,” Murkowski said. “These mines will bring stable, well-paying jobs to hundreds of residents, if we can resolve the access issue. My bill will make getting to work a much easier task for residents of Prince of Wales Island.”
The mines – Niblack and Bokan Mountain – could be open within three to four years, depending on final economic reviews and current permit approval time lines. Niblack is a gold, copper, zinc, and silver deposit, while Bokan Mountain is a rare earth elements mine. Bokan Mountain alone is expected to employ 200 workers.
The project would require building 26 miles of road (18 miles of which would be through roadless area) to Niblack mine, with another 50 miles of road to the Bokan Mountain mineral deposits. Without this legislation, workers would likely have to travel to Ketchikan and then take a boat across often dangerous waters to the reach the mine sites.
Source of News:
Office of U.S. Sen. Lisa Murkowski
www.murkowski.senate.gov
Zitat von Langstrumpf2: January 31, 2013 : Ucore's Low Capex & High Grade Deposi...
http://watch.bnn.ca/commodities/january-2013/commodities-jan…
Trading Spotlight
January 31, 2013 : Ucore's Low Capex & High Grade Deposi...
http://watch.bnn.ca/commodities/january-2013/commodities-jan…
http://watch.bnn.ca/commodities/january-2013/commodities-jan…
SENATE JOINT RESOLUTION NO.
IN THE LEGISLATURE OF THE STATE OF ALASKA
TWENTY-EIGHTH LEGISLATURE - FIRST SESSION
http://dl.dropbox.com/u/62919518/Others/Ucore/McGuire_REE_Re…
IN THE LEGISLATURE OF THE STATE OF ALASKA
TWENTY-EIGHTH LEGISLATURE - FIRST SESSION
http://dl.dropbox.com/u/62919518/Others/Ucore/McGuire_REE_Re…
Rare-earth elements mine possible
Ketchikan (Alaska) Daily News
Posted: January 27, 2013 - 12:11am
http://juneauempire.com/state/2013-01-27/rare-earth-elements…" target="_blank" rel="nofollow ugc noopener">http://juneauempire.com/state/2013-01-27/rare-earth-elements…
(bitte auch die kritischen Kommentare im Anschluss an diesen Artikel beachten!!)
Ketchikan (Alaska) Daily News
Posted: January 27, 2013 - 12:11am
http://juneauempire.com/state/2013-01-27/rare-earth-elements…" target="_blank" rel="nofollow ugc noopener">http://juneauempire.com/state/2013-01-27/rare-earth-elements…
(bitte auch die kritischen Kommentare im Anschluss an diesen Artikel beachten!!)
na ja es geht weiter, es tut sich was!
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