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    Alkane Resources - Seltene Erden, Gold, Nickel (Seite 150)

    eröffnet am 12.04.10 10:17:23 von
    neuester Beitrag 25.10.23 16:43:51 von
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    ID: 1.157.088
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    ISIN: AU000000ALK9 · WKN: 863617
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     Ja Nein
      Avatar
      schrieb am 29.08.10 07:29:21
      Beitrag Nr. 40 ()
      Wednesday, August 25, 2010
      The London HREE Report: The Premier Leag
      If China is going to start building and selling a million electric vehicles a year, as has been reported as part of their latest economic plan, in a command economy when the top says build them and sell them, they get built and sold no matter what, then it’s pretty obvious that China is going to implement its rare metals export ban in 2015. We have just 4 1/3rd years to be ready elsewhere to meet the rest of the world’s demand. As I have been trying to show last week and this, new technology breakthroughs are about to double, triple, the double again, demand for these rare metals by the time of the Chinese export ban.

      To this old trader that means front weighting investment into those who can meet a 2015 deadline, by that I mean, actually have their resource in production and refined into the product that manufacturers need, and at a sales cost that makes the company a profit. The sole purpose of any investment is to buy low and sell high, since it is highly unlikely that any of the rare earth firms will be paying out dividends in the next few years, if at all. As such that time compression, for me, rules out most firms in the remote wilderness, seeking to get into the game late. The exceptions are perhaps Ucore Rare Metals, Hudson Resources, and Quest which has picked up interest and help from SIDEX in Quebec.

      My market experience suggests that we will quickly form a Premier League and a Division Two, where the companies are possible later takeover targets by the companies in the Premier League and possibly China, if China’s companies decide to take that route and are permitted into the game. I know, it’s not a level playing field world. So who get into Graeme’s Premier League?

      Great Western Minerals Group, Lynas Corporation, Tasman Metals Ltd, Avalon Rare Metals, Molycorp Minerals, Alkane Resources are the only true Premier League candidates, though I will allow in Ucore, Hudson and Quest. To be sure all have some pluses and minuses. For example, will the Aussie candidates have a disadvantage due to a mining tax and a hung Parliament unable to function well? Will California’s politicians really keep out of Molycorp’s way, as the state goes from broke to ruined? Can Quest and Hudson really catch up with the others by 2015? There is one other company I think ought to be in. Stans Energy Corp is my final pick for the starting Premier 10. The positive is that their mine and region produced and refined once before for the old unloved Soviet Union. The negative is that is in the Kyrgyz Republic, better known to us as Krygyzstan. How will Graeme’s Premier 10 do? Maybe some kind soul will post a table, and start them all off using Friday’s settlement price. Suggestions please on whether it should be equal share weighted, or equal cost weighted. Suggestions please on additions or for filling up the other divisions.

      More tomorrow, after I take an evening libation and a nap.

      Graeme Irvine. London.
      Avatar
      schrieb am 28.08.10 08:23:52
      Beitrag Nr. 39 ()
      Avatar
      schrieb am 28.08.10 07:10:10
      Beitrag Nr. 38 ()
      Friday, August 27, 2010
      Rare Earth Metals to continue to shine after China reduces export quotas
      ...
      Alkane Resources (ASX: ALK) has started larger scale production of an yttrium heavy rare earth concentrate from the new rare earth circuit at its Demonstration Pilot Plant (DPP) at ANSTO as part of the Dubbo Zirconia Project (DZP) in New South Wales.

      The yttrium and heavy rare earth distribution in the ore body is unusual with 25% in the heavy category (standard distribution 95% light and 5% heavy) with this generating a higher than average return for the rare earth product.

      Data from the DPP and Letters of Intent from future customers will be incorporated in the current DFS which should be completed early 2011. Depending upon financing and Development Consent from the New South Wales state government, Alkane's DZP could be in production late 2012 or early 2013.
      ...
      http://www.proactiveinvestors.com.au/companies/news/9634/rar…
      Avatar
      schrieb am 16.08.10 06:58:32
      Beitrag Nr. 37 ()
      Alkane Resources (ASX: ALK) is a multi commodity mining and exploration company focused on the Central West of New South Wales, Australia. The Company has built a gold resource inventory of over 1 million ounces and plans recommence operations in 2010 through a new development at Tomingley. Alkane, in partnership with Newmont, has also made another significant gold discovery at McPhillamys near Orange.

      The company has an advanced feasibility study in progress for the development of the Dubbo Zirconia Project which is based upon a very large in-ground resource of the metals zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.
      Monday, August 16, 2010
      Alkane Resources confirms more gold resource potential at Tomingley
      http://www.proactiveinvestors.com.au/companies/news/9366/alk…
      Avatar
      schrieb am 27.07.10 08:32:20
      Beitrag Nr. 36 ()
      Alkane Resources shares jump on Edison Investment note

      SHARES in Alkane Resources received a boost today after a London-based broker valued the company at almost three times its market cap.

      London-based Edison Investment Research has given the junior a value of 91 cents a share, which saw Alkane stock trade 4.5 per cent higher today at 35c.

      “With exposure to both near-term gold production and an advanced rare earths project, Alkane is unique among its peers,” the broker’s client report said.

      Mining at Alkane’s Tomingley gold project in NSW is planned for 2012, while the Dubbo rare metal and rare earth project is expected to come online by 2013.

      The report also highlighted a key aspect about Alkane's Dubbo zirconia project.

      “Crucially, Alkane has advanced the process routes for separating many of the valuable zirconium, niobium and rare earth products beyond that of many of its peers' rare earths projects around the world,” the report said.

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      schrieb am 20.07.10 07:31:44
      Beitrag Nr. 35 ()
      Avatar
      schrieb am 07.07.10 07:22:48
      Beitrag Nr. 34 ()
      Monday, July 05, 2010
      Alkane Resources defines gold resource of 3m ounces at McPhillamys in New South Wales

      Alkane Resources (ASX: ALK) has inked a maiden resource estimate of 2.96 million ounces of gold for the McPhillamys gold discovery, located within the Orange District Exploration Joint Venture with Newmont.

      An independent resource assessment by Richard Lewis of Lewis Mineral Resource Consulting Pty Ltd in Sydney. defined an initial Indicated and Inferred Resource at a 0.3g/t gold cut-off of 91.94 million tonnes grading 1.00g/t Au and 0.07% Cu for a cumulative total of 2.96 million ounces of gold and 60,000 tonnes of copper.

      Alkane is in a joint venture with Newmont Australia Limited, a subsidiary of the US based Newmont Mining Corporation (NYSE: NEM) over the Orange District Exploration Joint Venture, 400km northwest of Sydney, which includes Alkane’s Molong and Moorilda tenements located near the city of Orange in the Central West of New South Wales, adjacent to Newcrest Mining Ltd’s Cadia Valley Operations.

      The bulk of the Resource is located within an Inner Ore Zone with dimensions of 600 metres by 200 metres.

      Further drilling is likely to significantly expand the resource.

      Potential development models include open pit and block caving underground mining concepts.

      Currently the JV is drilling four deep core holes to specifically test the potential for the block caving concept.

      Regional exploration has defined several targets with McPhillamys type stratigraphy and mineralisation over a strike length of at least 6 kilometres. Aircore test drilling is in progress.

      Newmont Australia Limited earned a 51% interest in the JV in August 2009. In March 2010 NAL elected to proceed to 75% by completing a Bankable Feasibility Study on the McPhillamys Project.

      Alkane is cashed up with $8.7 million with no debt.
      Avatar
      schrieb am 18.06.10 01:17:52
      Beitrag Nr. 33 ()
      Thursday, June 17, 2010
      Alkane Resources' rare earths valuation leaves plenty of upside
      As the sole owner of a substantial rare earth deposit and two gold properties in central New South Wales, Alkane Resources (ASX:ALK) looks set to play a significant role as a miner of “strategic” rare earth minerals in the near future, while it also develops two gold projects.

      The Chinese Government recently announced that they are considering stricter limits on the exports of rare earth minerals despite already accounting for 90% of worldwide production.

      On the flip side, worldwide consumption for rare earths is forecast to rise as demand for new technology products such as hybrid cars, wind turbines, cell phones and laptops which contain significant quantities of these “high tech metals” including magnets, batteries, auto catalysts, refining catalysts, polishing powders, glass additives, phosphors and alloys.

      Demand is expected to hit 185,000 tonnes by 2014 with mine production only reaching 135,000 tonnes -and that includes substantial new production from Western Australia’s Mount Weld mine - according to Lynas Corporation (ASX:LYC).

      There are only four worldwide projects outside of China capable of supplying rare earths that can be in production before 2015. Three are in Australia, including Alkane’s Dubbo Zirconia Project and one in the USA run by MolyCorp at Mountain Pass which plans to ramp annual production to 20,000 tons by 2012. The U.S. government is so concerned that it discussing legislation to provide loan guarantees for the mining and refining of rare earths for industry and defense.

      Chinese interests recently attempted to corner the market for foreign rare earths by purchasing a 51.5% interest in LYC for A$500 million / US$425 million, but were rebuffed by Australian Regulators at the Foreign Investment Review Board. Other Chinese interests snagged 25% of Arafura Resources (ASX:ARU) which is establishing a mine at Nolan’s in the Northern Territory. These two miners will represent about 25% of the world supply of rare earths when on stream by 2013.

      Dubbo Zirconia Project

      The Dubbo Zirconia Project contains a measured and inferred resource of 73.2 million tonnes at a combined grade of 3.38% of zirconium, hafnium, niobium, tantalum, yttrium and rare earths. The deposit also contains uranium at a grade of .014% for a total resource of 23 million lbs which represents over a billion dollars in revenues over the life of the mine.

      Uranium mining is currently banned in New South Wales but this could be challenged in Federal Court or a deal worked out, as Australia is a major exporter of uranium. ALK says that the market for zircon and nobium will go into shortfall by 2013 and is looking at prefeasibility studies for annual production rates between 400,000 - 1,000,000 tonnes of ore to produce between 15,000 - 37,000 tonnes of zircon and 2,000 - 5,000 tonnes of nobium plus associated rare earths for annual revenues of US$100 - $250 million.

      Capital cost of the mine is estimated at A$150 million and production will continue for 80 - 200 years.

      The government run research facilities of ANSTO at Lucas Heights (near Sydney) is running pilot plant studies and specializes in uranium ore processing and removal of radioactivity. So far the plant has produced 1,300 kg of zirconium chemicals, nearly 300 kg of nobium concentrate, yttrium and rare earth products. No indication of costs is available but the pilot plant can model various process flow sheets that will define capital and cash operating costs. Potential clients are now evaluating the substantial amount of refined and concentrated products for suitability, pricing and potential sales contracts that will support financing proposals for the mine.

      Infrastructure costs will be low as the project is located 12 miles from Dubbo in Central New South Wales. The area has main roads, railway, water, electricity, gas, substantial population and many small industries that can support the mine. A timeline to get the project into production by 2013 is being pursued.

      The current market capitalization of ALK is measured at 5-10% of Molycorp’s Mountain Pass Mine and LYC’s Mount Weld Project which attests to the great value in this little company before we even look at its near term gold production and exploration potential. The ALK market price has fallen in line with the recent mini GFC fallout and for longer term investors, must represent some value at current prices.

      Tomingley Gold Project

      Tomingley is 24 miles from the Dubbo Zirconia Project. Three open pittable resources called Caloma, Wyoming One and Wyoming Three, were drilled to a shallow depth for a resource of 850,000 ounces of gold which includes an underground component for Wyoming One. Prefeasibility studies indicated a cash operating cost of A$800 per ounce at a rate of 50,000 ounces per year. The study also found that substantial infrastructure costs to bring in water and power and build an underpass under a major road that cuts between the pits indicated more ore was required to justify capital costs.

      This led to the search for more resources with positive drilling results from beneath the floor of the proposed Caloma pit where a conceptual target of one million tonnes at 3.5 grams per ton for 120,000 ounces was indicated.

      A new ore zone was also uncovered by recent drilling 250 meters south of Caloma which assayed several +3 gram per tonne intersects where the orientation of this east west trending porphyry over 300 meters looks similar to the high grade zones in Wyoming One and Three.

      Detailed geological assessment indicates that Caloma may consist of several ore blocks separated by faults. A 3,500 meter rotary core drilling program to scope this zone starts this month. Positive results will lead to more drilling to prove up a resource which may lead to a mine decision before the year is out.

      Orange District Joint Venture with Newmont may herald major Australian gold find

      Gold mining heavyweight Newmont (NYSE:NEM) has earned 75% of the Molong and Moorilda Prospects from ALK. This ground partially surrounds the Newcrest Mines at Cadia that host massive resources of 44 million ounces of gold and 7.98 million tonnes of copper.

      Prior drilling by NEM outlined a conceptual target of 2-4 million ounces of gold and 50-100,000 tonnes of copper at McPhillamy’s within the Moorilda Prospect. The exploration program for this year will be A$2.3 million and includes 4 holes for 3,500 meters to test for depth and continuity of mineralization, and potentially may render this one of Australia’s largest recent gold finds.

      Quelle: http://www.proactiveinvestors.com.au/companies/news/7932/alk…
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      schrieb am 10.05.10 17:07:32
      Beitrag Nr. 32 ()
      Viel fehlen nun zu den 0,20€ nicht mehr ;)
      Avatar
      schrieb am 10.05.10 10:25:25
      Beitrag Nr. 31 ()
      Alkane Resources Ltd has today released an announcement to the Australian Stock Exchange.

      The announcement entitled "Alkane AGM Presentation"
      can be accessed through the following link to the Company's website:

      http://www.alkane.com.au/presentations/
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      Alkane Resources - Seltene Erden, Gold, Nickel