Minera Andes - 500 Beiträge pro Seite
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Feedback
Kupfer-Wert aktiv in Argentinien, nbissel Gold und Silber sind auch dabei, das auch bereits produziert und verkauft wird aus der San Jose Mine.
MAI ist am Fr mit 18% an der TSE durchgestartet. Kupfer notiert auf 4-Monatshoch, was dem Wert Fantasie verschafft. Die steigenden Au/Ag-Preise tun ihr übriges.
Ziemlich beeindruckende Grades bei den Bohrungen auf dem Los Azueles Projekt.
Produzieren bereits Au & Ag, desweiteren hält der CEO (Rob McEwen) 33% und HOC ist am San Jose Projekt mit 51 % dabei.
aktuelle MK: 293 Mio CAD
outstanding shares 264,7 Mio.
1-yr Chart:
Dass was jetzt auf Los Azules passiert, könnte den Wert in ganz andere Sphären katapultieren.
San Jose Projekt bietet noch einiges an Wachstumspotential mit sehr bemerkenswerten Drill Grades.
Interessanter - viel interessanter - ist aber die Entwicklung auf Los Azules mit einem steigenden Kupferpreis...
DYODD!!! Nur meine Meinung, und ich betone ausdrücklich, dass ich nicht nüchtern bin
MAI ist am Fr mit 18% an der TSE durchgestartet. Kupfer notiert auf 4-Monatshoch, was dem Wert Fantasie verschafft. Die steigenden Au/Ag-Preise tun ihr übriges.
Ziemlich beeindruckende Grades bei den Bohrungen auf dem Los Azueles Projekt.
Produzieren bereits Au & Ag, desweiteren hält der CEO (Rob McEwen) 33% und HOC ist am San Jose Projekt mit 51 % dabei.
aktuelle MK: 293 Mio CAD
outstanding shares 264,7 Mio.
1-yr Chart:
Dass was jetzt auf Los Azules passiert, könnte den Wert in ganz andere Sphären katapultieren.
San Jose Projekt bietet noch einiges an Wachstumspotential mit sehr bemerkenswerten Drill Grades.
Interessanter - viel interessanter - ist aber die Entwicklung auf Los Azules mit einem steigenden Kupferpreis...
DYODD!!! Nur meine Meinung, und ich betone ausdrücklich, dass ich nicht nüchtern bin
Company Profile:
Minera Andes is a successful exploration company, the discovery of the San José deposit has been successfully turned into an operating mine. San José produced 77,070 oz Au and 4.9MM oz Ag in 2009. 49% of the value of San Jose's production is attributable to Minera Andes, the other 51% attributable to Hochschild Mining (HOC:L). MAI also owns 100% of the Los Azules copper project in the San Juan province containing 11.2 billion lbs of copper and other exploration targets are 100% owned by Minera Andes.
Key Projects:
San Jose
Minera Andes' geologists discovered the mineralized system on which the San Jose silver/gold mine is now located. This success has allowed Minera Andes to make the transition from a pure exploration company to a company that records income from an operating silver/gold mine. Located within a 99,000-acre mineralized region, San Jose is a joint venture between Minera Andes (49 percent ownership) and Hochschild Mining (51percent). The mine produced 54,000 ounces of gold and 4.4 million ounces of silver in 2008, of which 49 percent is attributable to Minera Andes. Ore from the mine, which is relatively high-grade at about one-half-ounce gold equivalent per tonne, is vein-hosted.
San Jose is in a part of northwest Santa Cruz province that is revealing itself to be a new mineral frontier. The San Jose project area has the potential to evolve into a mining district -- that is, an area that hosts multiple mines. Currently, about 40 kilometers of vein strike length have been drill-tested, and less than 10 percent of that length accounts for the reserve base that supports the San Jose mine. Multiple discoveries have been made by Minera Andes that warrant further exploration. In addition, drilling by the operating partner in the last three years has located four new veins.
Geophysical work has located five kilometers of new targets.
Los Azules
The Los Azules copper discovery is emerging as a very large copper porphyry system. Located in western San Juan province, Los Azules has an independently-calculated inferred mineral resource of 922 million tonnes grading 0.55 percent copper, and containing 11.2 billion pounds of copper. This resource, at 0.35 percent total copper cutoff grade, is defined by an area approximately 3.7 kilometers by one kilometer in size. Exploration has determined the existence of a high-grade near-surface copper core, exceeding one percent in grade. Los Azules is open at depth and at least three kilometers to the north where exploration suggests the extension of Los Azules into a valley. The presence of a high-grade, near-surface core is important in that it may
benefit the economics of the Los Azules project. If the decision is made to develop a mine at Los Azules, near-surface high-grade deposits could be produced which may help recapture capital costs sooner. Other positive economics include favorable metallurgy, simple processing technology and a large mineral resource with good potential to grow.
Since the discovery of Los Azules about four years ago, Minera Andes has engaged in successive drill programs which have located new mineralization. Some 83 drill holes have produced 19,680 meters of drill core samples. Including the inferred mineral resource estimate, four years of field work are now included in an economic scoping study for Los Azules. A preliminary engineering report has also been compiled. Minera Andes has a 100% earned-in interest in the Los Azules property and is focussing on aggressively continuing to explore + develop this property. Since discovery, subsequent exploration at Los Azules has encountered features associated with many copper porphyry systems. Programs have been conducted to test the grade and continuity of known leachable (chalcocite) copper mineralization. In the discovery zone, strongly leached cap rock extends from the subcrop to as much as 161 meters beneath the surface followed by an enriched zone of secondary mineralization (chalcocite) over a zone of secondary and primary (chalcopyrite) copper mineralization.
Minera Andes is a successful exploration company, the discovery of the San José deposit has been successfully turned into an operating mine. San José produced 77,070 oz Au and 4.9MM oz Ag in 2009. 49% of the value of San Jose's production is attributable to Minera Andes, the other 51% attributable to Hochschild Mining (HOC:L). MAI also owns 100% of the Los Azules copper project in the San Juan province containing 11.2 billion lbs of copper and other exploration targets are 100% owned by Minera Andes.
Key Projects:
San Jose
Minera Andes' geologists discovered the mineralized system on which the San Jose silver/gold mine is now located. This success has allowed Minera Andes to make the transition from a pure exploration company to a company that records income from an operating silver/gold mine. Located within a 99,000-acre mineralized region, San Jose is a joint venture between Minera Andes (49 percent ownership) and Hochschild Mining (51percent). The mine produced 54,000 ounces of gold and 4.4 million ounces of silver in 2008, of which 49 percent is attributable to Minera Andes. Ore from the mine, which is relatively high-grade at about one-half-ounce gold equivalent per tonne, is vein-hosted.
San Jose is in a part of northwest Santa Cruz province that is revealing itself to be a new mineral frontier. The San Jose project area has the potential to evolve into a mining district -- that is, an area that hosts multiple mines. Currently, about 40 kilometers of vein strike length have been drill-tested, and less than 10 percent of that length accounts for the reserve base that supports the San Jose mine. Multiple discoveries have been made by Minera Andes that warrant further exploration. In addition, drilling by the operating partner in the last three years has located four new veins.
Geophysical work has located five kilometers of new targets.
Los Azules
The Los Azules copper discovery is emerging as a very large copper porphyry system. Located in western San Juan province, Los Azules has an independently-calculated inferred mineral resource of 922 million tonnes grading 0.55 percent copper, and containing 11.2 billion pounds of copper. This resource, at 0.35 percent total copper cutoff grade, is defined by an area approximately 3.7 kilometers by one kilometer in size. Exploration has determined the existence of a high-grade near-surface copper core, exceeding one percent in grade. Los Azules is open at depth and at least three kilometers to the north where exploration suggests the extension of Los Azules into a valley. The presence of a high-grade, near-surface core is important in that it may
benefit the economics of the Los Azules project. If the decision is made to develop a mine at Los Azules, near-surface high-grade deposits could be produced which may help recapture capital costs sooner. Other positive economics include favorable metallurgy, simple processing technology and a large mineral resource with good potential to grow.
Since the discovery of Los Azules about four years ago, Minera Andes has engaged in successive drill programs which have located new mineralization. Some 83 drill holes have produced 19,680 meters of drill core samples. Including the inferred mineral resource estimate, four years of field work are now included in an economic scoping study for Los Azules. A preliminary engineering report has also been compiled. Minera Andes has a 100% earned-in interest in the Los Azules property and is focussing on aggressively continuing to explore + develop this property. Since discovery, subsequent exploration at Los Azules has encountered features associated with many copper porphyry systems. Programs have been conducted to test the grade and continuity of known leachable (chalcocite) copper mineralization. In the discovery zone, strongly leached cap rock extends from the subcrop to as much as 161 meters beneath the surface followed by an enriched zone of secondary mineralization (chalcocite) over a zone of secondary and primary (chalcopyrite) copper mineralization.
Antwort auf Beitrag Nr.: 40.174.107 von KaOzz am 19.09.10 01:42:40Glaubst du nicht, dass die Aktie wegen den San-Jose-Projekt so rennt? Übernahmephatasie wegen den 3,6 Mrd. Dollar für Andina Minerals?
Antwort auf Beitrag Nr.: 40.175.859 von schwochner am 19.09.10 22:37:45Meinte natürlich die Übernahme von Andean (AND.TO) 
Antwort auf Beitrag Nr.: 40.175.864 von schwochner am 19.09.10 22:39:16Ja, da wird in der Präse drauf hingewiesen. Das Projekt ist ja auch erst zu nem Fünftel erfasst.
Aber die 11 Milliarden Pfund Kupfer mit nem NAV von 3 Milliarden USD, die im Kurs m.E. noch gar nich eingepreist wurden, sind der absolute Knüller.
Grüße
Aber die 11 Milliarden Pfund Kupfer mit nem NAV von 3 Milliarden USD, die im Kurs m.E. noch gar nich eingepreist wurden, sind der absolute Knüller.
Grüße
Trading Spotlight
Minera Andes Resolves Lawsuit With Hochschild Mining
TORONTO, ONTARIO, Sep. 20, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that litigation with certain affiliates of Hochschild Mining plc. in New York courts relating to funding of the San Jose mine joint venture has ended. The parties have completed the project finance loan documentation at issue; entered into revised shareholder loan agreements; and agreed to end the ongoing litigation.
"We are pleased that we have amicably resolved our differences with Hochschild Mining. This is a very positive development for both companies. We have worked closely with Hochschild's new management to accomplish this favourable resolution and we look forward to working with them on building the value of our jointly owned San Jose Mine, and increasing the exploration of our large property. The timing of our resolution could not have been better: the other remarkable development was Goldcorp Inc.'s recent $3.6 Billion bid for the neighboring Cerro Negro project owned by Andean Resources, this property is located approximately 20km away. This massive bid highlights the exploration potential of the region, and of our property."
- Rob McEwen, Chairman and CEO of Minera Andes and 33% shareholder
The San Jose Mine is operated by Minera Santa Cruz, S.A. ("MSC"), the company established under the terms of an option and joint venture agreement between Minera Andes (owning 49%) and Hochschild Mining (owning 51%). In addition to the San Jose Mine, Minera Andes has 100% ownership of a portfolio of gold/silver exploration properties bordering Andean's Cerro Negro project.
Minera Andes' management believes that terms of the settlement are favourable to both parties and protect the interests of Minera Andes shareholders. They provide, among other things, the following:
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=34107760&qm_symbol=MAI[/url]
TORONTO, ONTARIO, Sep. 20, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that litigation with certain affiliates of Hochschild Mining plc. in New York courts relating to funding of the San Jose mine joint venture has ended. The parties have completed the project finance loan documentation at issue; entered into revised shareholder loan agreements; and agreed to end the ongoing litigation.
"We are pleased that we have amicably resolved our differences with Hochschild Mining. This is a very positive development for both companies. We have worked closely with Hochschild's new management to accomplish this favourable resolution and we look forward to working with them on building the value of our jointly owned San Jose Mine, and increasing the exploration of our large property. The timing of our resolution could not have been better: the other remarkable development was Goldcorp Inc.'s recent $3.6 Billion bid for the neighboring Cerro Negro project owned by Andean Resources, this property is located approximately 20km away. This massive bid highlights the exploration potential of the region, and of our property."
- Rob McEwen, Chairman and CEO of Minera Andes and 33% shareholder
The San Jose Mine is operated by Minera Santa Cruz, S.A. ("MSC"), the company established under the terms of an option and joint venture agreement between Minera Andes (owning 49%) and Hochschild Mining (owning 51%). In addition to the San Jose Mine, Minera Andes has 100% ownership of a portfolio of gold/silver exploration properties bordering Andean's Cerro Negro project.
Minera Andes' management believes that terms of the settlement are favourable to both parties and protect the interests of Minera Andes shareholders. They provide, among other things, the following:
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=34107760&qm_symbol=MAI[/url]
Antwort auf Beitrag Nr.: 40.179.475 von KaOzz am 20.09.10 17:22:20Die Meldung hat den wert an nen alten widerstand katapultiert.
tja mal schauen, ob hier ein paar alte käufer wieder auf den plan treten oder der kurs an dem widerstand scheitert. dynamik is hier ohne ende vorhanden.
tja mal schauen, ob hier ein paar alte käufer wieder auf den plan treten oder der kurs an dem widerstand scheitert. dynamik is hier ohne ende vorhanden.
Vom Börsenbrief "DerHebel":
Update 10.000-Euro-Anlage
Minera Andes im Höhenflug!
Bereits am Freitag konnte die Aktie von Minera Andes um 18 Prozent zulegen. Mit knapp drei Millionen Stück wurden die höchsten Handelsumsätze seit März 2009 generiert. Auch heute befindet sich Minera Andes mit einem Kursplus von 16 Prozent auf aktuell 1,29 Kanadische Dollar weiter im Höhenflug.
Was ist passiert? Wie Sie bereits wissen, betreibt das Minenunternehmen Hochschild die San Josè-Mine in Argentinien gemeinsam mit Minera Andes im Verhältnis 51:49 Prozent. Zur Inbetriebnahme der Mine übernahm Hochschild in 2006 die gesamten Kosten von 65 Millionen Dollar. Unstimmigkeiten zwischen dem CEO von Minera Andes, Rob McEwen, und dem ehemaligen Management von Hochschild über die Führung der Mine sowie der Verwendung der Produktionserlöse führten im März 2010 zu einer Klage von Hochschild gegen Minera Andes.
Dieser Rechtsstreit wurde nun gegen neue Rückführungsmodalitäten des Projektfinanzierungskredites sowie einer Zahlung von 5,9 Millionen Dollar an Minera Andes beigelegt. Noch wichtiger als die Einigung ist die Botschaft an die Aktionäre: Beide Unternehmen verweisen auf die 3,6 Milliarden-Dollar-Übernahme von Andean durch Goldcorp und das enorme Potenzial der San Josè-Mine. Zur Erinnerung: Die Liegenschaften von Minera Andes befinden sich in nur 20 Kilometer Entfernung zu Andean, wobei das Venensystem erst zu 20 Prozent verbohrt wurde!
Auch die Unternehmenspräsentation von Minera Andes wurde mittlerweile auf den neuesten Stand gebracht und enthält mehrere Vergleiche zu Andean Minerals:
http://www.minandes.com/i/pdf/CorporatePresentation.pdf
Rob McEwen macht kein Geheimnis daraus, was sein Unternehmen seiner Meinung nach wert ist. Einschließlich des Kupfer-Projektes Los Azules-Kupferprojektes wird der Wert von Minera Andes auf 625 bis 750 Millionen Kanadische Dollar beziffert. Letztere Zahl würde einem Kurs von 2,83 Kanadische Dollar entsprechen. Allerdings glauben wir nicht an eine kurzfristige Übernahme von Minera Andes. Wir erwarten in den nächsten Wochen einen deutlichen Ausbau der Explorationstätigkeit, was angesichts der 3,6 Mrd.-Dollar-Übernahme von Andean massives Anschlusspotenzial freisetzen dürfte.
Fazit: Trotz 30 Prozent Gewinn in nur zwei Tagen sehen wir für die Aktie von Minera Andes in den nächsten Wochen noch deutliches Kurspotenzial!
Update 10.000-Euro-Anlage
Minera Andes im Höhenflug!
Bereits am Freitag konnte die Aktie von Minera Andes um 18 Prozent zulegen. Mit knapp drei Millionen Stück wurden die höchsten Handelsumsätze seit März 2009 generiert. Auch heute befindet sich Minera Andes mit einem Kursplus von 16 Prozent auf aktuell 1,29 Kanadische Dollar weiter im Höhenflug.
Was ist passiert? Wie Sie bereits wissen, betreibt das Minenunternehmen Hochschild die San Josè-Mine in Argentinien gemeinsam mit Minera Andes im Verhältnis 51:49 Prozent. Zur Inbetriebnahme der Mine übernahm Hochschild in 2006 die gesamten Kosten von 65 Millionen Dollar. Unstimmigkeiten zwischen dem CEO von Minera Andes, Rob McEwen, und dem ehemaligen Management von Hochschild über die Führung der Mine sowie der Verwendung der Produktionserlöse führten im März 2010 zu einer Klage von Hochschild gegen Minera Andes.
Dieser Rechtsstreit wurde nun gegen neue Rückführungsmodalitäten des Projektfinanzierungskredites sowie einer Zahlung von 5,9 Millionen Dollar an Minera Andes beigelegt. Noch wichtiger als die Einigung ist die Botschaft an die Aktionäre: Beide Unternehmen verweisen auf die 3,6 Milliarden-Dollar-Übernahme von Andean durch Goldcorp und das enorme Potenzial der San Josè-Mine. Zur Erinnerung: Die Liegenschaften von Minera Andes befinden sich in nur 20 Kilometer Entfernung zu Andean, wobei das Venensystem erst zu 20 Prozent verbohrt wurde!
Auch die Unternehmenspräsentation von Minera Andes wurde mittlerweile auf den neuesten Stand gebracht und enthält mehrere Vergleiche zu Andean Minerals:
http://www.minandes.com/i/pdf/CorporatePresentation.pdf
Rob McEwen macht kein Geheimnis daraus, was sein Unternehmen seiner Meinung nach wert ist. Einschließlich des Kupfer-Projektes Los Azules-Kupferprojektes wird der Wert von Minera Andes auf 625 bis 750 Millionen Kanadische Dollar beziffert. Letztere Zahl würde einem Kurs von 2,83 Kanadische Dollar entsprechen. Allerdings glauben wir nicht an eine kurzfristige Übernahme von Minera Andes. Wir erwarten in den nächsten Wochen einen deutlichen Ausbau der Explorationstätigkeit, was angesichts der 3,6 Mrd.-Dollar-Übernahme von Andean massives Anschlusspotenzial freisetzen dürfte.
Fazit: Trotz 30 Prozent Gewinn in nur zwei Tagen sehen wir für die Aktie von Minera Andes in den nächsten Wochen noch deutliches Kurspotenzial!
Anscheinend wurde wegen den Streitigkeiten bis jetzt so wenig verbohrt - aber das wird sich ja ab sofort ändern.
Super Story, ich hoffe langfrsitig auf einen Verdoppler.
Super Story, ich hoffe langfrsitig auf einen Verdoppler.
Antwort auf Beitrag Nr.: 40.179.850 von KaOzz am 20.09.10 18:08:28Hallo Kaozz,
Interessanter Wert. Jedoch möchte ich erwähnen, daß nicht nur mit Hochschild ein Rechtsstreit lief, sondern parallel mit TNR Gold bezüglich Beteiligungen an Los A. Da wird sich voraussichtlich im Herbst der Nebel etwas lichten.
Gruß
Torte
Interessanter Wert. Jedoch möchte ich erwähnen, daß nicht nur mit Hochschild ein Rechtsstreit lief, sondern parallel mit TNR Gold bezüglich Beteiligungen an Los A. Da wird sich voraussichtlich im Herbst der Nebel etwas lichten.
Gruß
Torte
Übrigens interessante Vorstellung von Rob McEwen, gerade live gesehen, dürfte die Anwesenden durchaus motivieren.
Bin nicht sicher, ob man das Ganze auch nachher noch abrufen kann.
http://www.gowebcasting.com/events/denver-gold-group/2010/09…
Bin nicht sicher, ob man das Ganze auch nachher noch abrufen kann.
http://www.gowebcasting.com/events/denver-gold-group/2010/09…
Riesenumsätze und schöne Kurssteigerung - und niemand dabei ?
Ich schon
Ich schon
Antwort auf Beitrag Nr.: 40.206.350 von Rohstoffinvestor am 24.09.10 16:09:36brauchste n taschentuch oder kannstes noch halten?
Antwort auf Beitrag Nr.: 40.206.682 von KaOzz am 24.09.10 16:43:03Nein eigentlich weine ich nicht - ich freue mich nur weil ich geduldig auf den Kursanstieg gewartet habe.
Minera stand lange im Schatten hier - jetzt scheint die Sonne.....
Und mein KZ liegt bei 4-5 CAD......
Minera stand lange im Schatten hier - jetzt scheint die Sonne.....
Und mein KZ liegt bei 4-5 CAD......
Antwort auf Beitrag Nr.: 40.207.786 von Rohstoffinvestor am 24.09.10 19:16:31Spaß beiseite... ich meinte eigentlich ne andere Körperflüssiglkeit (wenn die Leute anfangen *GEILGEILGEIL* zu schreien, muss man immer Angst haben, dass "es" ihnen kommt)
Nichts für ungut... natürlich sind noch andere Leute investiert und manche stecken weiter Geld rein - sonst würde der Kurs ja nicht steigen...
Jedenfalls betrachte ich das eher nüchtern (bizzness as usual)
Ich kann mich ja nicht das ganze Jahr über steigende Kurse freuen, dann würde ich die kleinen Dinge im Leben vernachlässigen...
Schöne Grüße
---
Was zum Thema:
Hir mal der RT-Intraday-Chart:
(wenn's denn angezeigt werden kann, was in meiner Preview gerade nicht der Fall ist)
Nichts für ungut... natürlich sind noch andere Leute investiert und manche stecken weiter Geld rein - sonst würde der Kurs ja nicht steigen...
Jedenfalls betrachte ich das eher nüchtern (bizzness as usual)
Ich kann mich ja nicht das ganze Jahr über steigende Kurse freuen, dann würde ich die kleinen Dinge im Leben vernachlässigen...
Schöne Grüße
---
Was zum Thema:
Hir mal der RT-Intraday-Chart:
(wenn's denn angezeigt werden kann, was in meiner Preview gerade nicht der Fall ist)
Antwort auf Beitrag Nr.: 40.207.786 von Rohstoffinvestor am 24.09.10 19:16:31Freut mich für Dich!
Bin dabei, jeder sollte Minera Andes kaufen!!
Antwort auf Beitrag Nr.: 40.234.422 von homer65 am 29.09.10 19:17:36noch nicht... muss noch ein paar Stücke einsammeln
Wie bist Du auf den Wert gekommen?
Wie bist Du auf den Wert gekommen?
da werden bald noch mehr aufspringen... Der Wert wurde in "Der Hebel" empfohlen und bei "Rohstoffraketen" stand neulich auch ein kleiner Artikel dazu. Ich denke wenn Minera demnächst seinen wahren Wert zeigt, geht es nicht mehr so "ruhig" zu wie momentan...
Antwort auf Beitrag Nr.: 40.247.422 von Tattler am 01.10.10 11:57:21ach Du sch****e,
in der gesellschaft fühlt man sich schon wieder äußerst unwohl.
in der gesellschaft fühlt man sich schon wieder äußerst unwohl.
Antwort auf Beitrag Nr.: 40.254.678 von KaOzz am 02.10.10 23:11:59ja lass sie doch erstmal kommen. wenn die masse aufspringt kann es für vorher investierte nur gut sein... zumindest kurzfristig 
Antwort auf Beitrag Nr.: 40.258.591 von Tattler am 04.10.10 12:08:17DerHebel ist heut raus, jetzt habt ihr wieder eure Ruhe.
Heute wieder Riesenumsätze !!! Mein Kursziel 4-5 CAD wird doch noch Realität....
Weiter so Minera....
Weiter so Minera....
Antwort auf Beitrag Nr.: 40.284.826 von Rohstoffinvestor am 07.10.10 20:44:52Schätze, dazu braucht die Aktie noch 1,2 Jahre. Kurzfrsitig natürlich etwas heiß gelaufen, hoffe, der Kurs kommt nochmal in Richtung 1,75 CAD.
Antwort auf Beitrag Nr.: 40.284.949 von schwochner am 07.10.10 21:04:33Wenn sie vorher nich gefressen wird -> so wie ANM.V gerade von First Quantum mit nem Aufschlag von 50% zum Verkauf angeboten wird.
Deren Kupferprojekt ist aber weiter fortgeschritten als das von Minera.
Jedenfalls schreitet der Cu-Preis dynamisch voran, aber MAI gönnt sich offenbar gerade ne Verschnaufpause (Korrekturziel 1.80 CAD)
Grüße!
Deren Kupferprojekt ist aber weiter fortgeschritten als das von Minera.
Jedenfalls schreitet der Cu-Preis dynamisch voran, aber MAI gönnt sich offenbar gerade ne Verschnaufpause (Korrekturziel 1.80 CAD)
Grüße!
Gute Zahlen:
Minera Andes Announces Production at the San Jose Mine for the Third Quarter 2010
TORONTO, ONTARIO, Oct. 20, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the San Jose mine production results for the third quarter of 2010. During the second quarter, the San Jose mine produced 1,408,501 ounces of silver and 22,025 ounces of gold, of which 49% is attributable to Minera Andes.
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=34916695&qm_symbol=MAI[/url]
Minera Andes Announces Production at the San Jose Mine for the Third Quarter 2010
TORONTO, ONTARIO, Oct. 20, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the San Jose mine production results for the third quarter of 2010. During the second quarter, the San Jose mine produced 1,408,501 ounces of silver and 22,025 ounces of gold, of which 49% is attributable to Minera Andes.
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=34916695&qm_symbol=MAI[/url]
Antwort auf Beitrag Nr.: 40.359.352 von KaOzz am 20.10.10 17:17:57Mining News Review: Week of October 18th
By Metal Augmentor
The Metal Augmentor's weekly Mining News Review is updated daily at www.metalaugmentor.com/eforum.
You are also welcome to sign up to our free mailing list at www.metalaugmentor.com and you'll be sent updates whenever we add new content to our editorial forum.
Minera Andes (TSX: MAI; OTCBB: MNEAF)
Hochschild Mining (LSE: HOC; Pink Sheets: HCHDF)
Resource Life Up at San Jose - October 19, 2010
Hochschild helps bring some additional context to the recent announcement by Minera Andes, telling us that the resource at San Jose has increased about 50% as a result of these vein discoveries. Assuming all resource categories can be converted into reserves, this increases the mine life at San Jose from roughly 8.4 years to 12.5 years as at September 30, 2010. The extended mine life gives us a base case valuation target for Minera Andes of about C$2.00 per share based on San Jose alone, i.e. zero value given to the early stage Los Azules copper development project. [Zurbo]
...
Meine Meinung!
By Metal Augmentor
The Metal Augmentor's weekly Mining News Review is updated daily at www.metalaugmentor.com/eforum.
You are also welcome to sign up to our free mailing list at www.metalaugmentor.com and you'll be sent updates whenever we add new content to our editorial forum.
Minera Andes (TSX: MAI; OTCBB: MNEAF)
Hochschild Mining (LSE: HOC; Pink Sheets: HCHDF)
Resource Life Up at San Jose - October 19, 2010
Hochschild helps bring some additional context to the recent announcement by Minera Andes, telling us that the resource at San Jose has increased about 50% as a result of these vein discoveries. Assuming all resource categories can be converted into reserves, this increases the mine life at San Jose from roughly 8.4 years to 12.5 years as at September 30, 2010. The extended mine life gives us a base case valuation target for Minera Andes of about C$2.00 per share based on San Jose alone, i.e. zero value given to the early stage Los Azules copper development project. [Zurbo]
...
Meine Meinung!
Antwort auf Beitrag Nr.: 40.427.560 von KaOzz am 01.11.10 12:56:48Mal schauen, wo das heute hinführt
Der Start ist gelungen
Der Start ist gelungen
Antwort auf Beitrag Nr.: 40.567.074 von KaOzz am 22.11.10 15:53:40bei 2.20 CAD befindet sich stärkerer Widerstand.
Antwort auf Beitrag Nr.: 40.567.397 von KaOzz am 22.11.10 16:31:27Kann mir mal jmd. erklären warum mein Newswire bei TMX nicht mehr funzt... die haben ihr System umgestellt und seitdem musste ich meine WL schon zwei Mal neu "programmieren".
Das nervt einfach
Kein Wunder, dass ich die letzte Zeit keine News mehr empfangen habe...
Minera Andes Announces That Inferred Resources More Than Double at the San Jose Mine, Argentina
TORONTO, ONTARIO, Nov. 22, 2010 (Marketwire) -- Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) is pleased to announce the results of an updated independent mineral resource estimate as at September 30, 2010 at the San Jose mine in Santa Cruz province, southern Argentina. The contained silver in the Inferred Mineral Resources increased by 133% and the contained gold increased by 122% compared to the December 31, 2009 estimate as reported by the Corporation in its March 31, 2010 Annual Information Form. The increase is primarily due to the discovery of nine new veins as well as important extensions of previously known veins, as reported by the Corporation on October 7, 2010. An updated resource/reserve technical report on the San Jose mine will be filed on SEDAR in the near future.
The San Jose mine is operated by Minera Santa Cruz SA, a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation.
Rob McEwen, Chairman and CEO of Minera Andes, said:
"The big increase in the inferred silver and gold resources is terrific! It is the direct result of skilled geologists having a significantly higher exploration budget for a most prospective property. Our exploration goal is to meet and exceed the exploration success of Andean Resources' neigbouring Cerro Negro property."
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=35927412&qm_symbol=MAI:CA[/url]
Das nervt einfach
Kein Wunder, dass ich die letzte Zeit keine News mehr empfangen habe...
Minera Andes Announces That Inferred Resources More Than Double at the San Jose Mine, Argentina
TORONTO, ONTARIO, Nov. 22, 2010 (Marketwire) -- Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) is pleased to announce the results of an updated independent mineral resource estimate as at September 30, 2010 at the San Jose mine in Santa Cruz province, southern Argentina. The contained silver in the Inferred Mineral Resources increased by 133% and the contained gold increased by 122% compared to the December 31, 2009 estimate as reported by the Corporation in its March 31, 2010 Annual Information Form. The increase is primarily due to the discovery of nine new veins as well as important extensions of previously known veins, as reported by the Corporation on October 7, 2010. An updated resource/reserve technical report on the San Jose mine will be filed on SEDAR in the near future.
The San Jose mine is operated by Minera Santa Cruz SA, a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation.
Rob McEwen, Chairman and CEO of Minera Andes, said:
"The big increase in the inferred silver and gold resources is terrific! It is the direct result of skilled geologists having a significantly higher exploration budget for a most prospective property. Our exploration goal is to meet and exceed the exploration success of Andean Resources' neigbouring Cerro Negro property."
[urlweiterlesen]http://tmx.quotemedia.com/article.php?newsid=35927412&qm_symbol=MAI:CA[/url]
Antwort auf Beitrag Nr.: 40.568.248 von KaOzz am 22.11.10 18:03:31Das der Bericht so dermaßen moderat aufgenommen ist eigenartig... da haben wohl noch andere keine News gekriegt...
Antwort auf Beitrag Nr.: 40.568.262 von KaOzz am 22.11.10 18:04:35Der Wert wird sich zum Goldesel entwickeln 
Antwort auf Beitrag Nr.: 40.568.268 von KaOzz am 22.11.10 18:05:23Noch was:
Minera Andes Announces Financial Results for the Third Quarter 2010
TORONTO, ONTARIO, Nov. 11, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce net income of $6.1 million ($0.02 per share basic and diluted) for the three month period ended September 30 2010 compared to net income of $5.2 million ($0.02 per share basic and diluted) for the same period ended September 30 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management's discussion and analysis are available under the Corporation's profile at www.sedar.com and www.sec.gov.
Minera Andes has a 49% interest in the San Jose Mine operated and owned by Minera Santa Cruz ("MSC"), a joint venture between Minera Andes (49%) and Hochschild Mining (51%).
Highlights - Third Quarter 2010
-- Net income increase of $0.9 million: The Company reported a $0.9 million
increase in net income for the quarter (as compared to the same quarter
in 2009) primarily due to an increase of $1.8 million in income recorded
on our investment in MSC, which was partially offset by an increase of
$0.9 million in total expenses for the quarter. The increase in expenses
was a net result of an increase in general and administrative costs, a
decrease in foreign currency exchange gains (due to a decrease in the
strengthening of the Canadian dollar), and a decrease in professional
fees as compared to the third quarter in 2009.
-- San Jose Mine Performance (on a 100% basis): Net income at the San Jose
Mine increased by $3.8 million compared to the same three month period
in 2009, driven primarily by an 8% increase in sales. The increase in
sales was due to higher realized metal prices for both silver and gold
offset by a decrease in the number of ounces of silver and gold sold in
the quarter. Production for the quarter was 1,408,501 ounces of silver
and 22,025 ounces of gold. Silver production was unchanged and gold
production was 2% lower compared to the same quarter in 2009, a result
of a decrease in total ore processed at the mine offset by an increase
in the head grade for silver. On a per-ounce co-product basis the
average cash cost was $8.81 per ounce of silver and $570 per ounce of
gold for the quarter.
-- Settlement of lawsuit with Hochschild Mining plc: The Company announced
on September 20 2010, an end to litigation with certain affiliates of
Hochschild Mining plc. ("Hochschild") in New York courts relating to
funding of the San Jose Mine joint venture. Revised finance and
shareholder loan agreements were completed and the Company received its
first scheduled repayment of interest.
-- San Jose Mine Exploration: The Company announced on October 7 2010, the
discovery of nine new high-grade gold/silver veins plus important
extensions of two other veins, which together total more than five
kilometers in strike length at the San Jose Mine. The discoveries
represent significant exploration progress at the San Jose Mine where
the total strike length of all the previously known veins totalled
approximately 17 kilometers. The 2010 exploration budget has been
increased to $6.5 million compared to $2.5 million in 2009.
This news release is submitted by Perry Ing, Chief Financial Officer of Minera Andes Inc.
About Minera Andes Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Andean Resources' Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean's Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.
About Minera Santa Cruz Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Reliability of Information:
MSC, the owner and operator of the San Jose mine, is responsible for and has supplied to the Corporation all reported results and operational updates from the San Jose mine. This press release is based entirely on information provided to Minera Andes by MSC. Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Corporation is not the operator of the San Jose mine, there can be no assurance that production information reported to the Corporation by MSC is accurate, the Corporation has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Corporation's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results, including the outcome of pending and current litigation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us, are inherently subject to significant business, economic and competitive uncertainties and contingencies and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Corporation's annual information form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Minera Andes Inc. Manager, Investor Relations 647-258-0395 or Toll-Free: 1-866-441-0690 647-258-0408 (FAX) info@minandes.com www.minandes.com
Minera Andes Announces Financial Results for the Third Quarter 2010
TORONTO, ONTARIO, Nov. 11, 2010 (Marketwire) -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce net income of $6.1 million ($0.02 per share basic and diluted) for the three month period ended September 30 2010 compared to net income of $5.2 million ($0.02 per share basic and diluted) for the same period ended September 30 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management's discussion and analysis are available under the Corporation's profile at www.sedar.com and www.sec.gov.
Minera Andes has a 49% interest in the San Jose Mine operated and owned by Minera Santa Cruz ("MSC"), a joint venture between Minera Andes (49%) and Hochschild Mining (51%).
Highlights - Third Quarter 2010
-- Net income increase of $0.9 million: The Company reported a $0.9 million
increase in net income for the quarter (as compared to the same quarter
in 2009) primarily due to an increase of $1.8 million in income recorded
on our investment in MSC, which was partially offset by an increase of
$0.9 million in total expenses for the quarter. The increase in expenses
was a net result of an increase in general and administrative costs, a
decrease in foreign currency exchange gains (due to a decrease in the
strengthening of the Canadian dollar), and a decrease in professional
fees as compared to the third quarter in 2009.
-- San Jose Mine Performance (on a 100% basis): Net income at the San Jose
Mine increased by $3.8 million compared to the same three month period
in 2009, driven primarily by an 8% increase in sales. The increase in
sales was due to higher realized metal prices for both silver and gold
offset by a decrease in the number of ounces of silver and gold sold in
the quarter. Production for the quarter was 1,408,501 ounces of silver
and 22,025 ounces of gold. Silver production was unchanged and gold
production was 2% lower compared to the same quarter in 2009, a result
of a decrease in total ore processed at the mine offset by an increase
in the head grade for silver. On a per-ounce co-product basis the
average cash cost was $8.81 per ounce of silver and $570 per ounce of
gold for the quarter.
-- Settlement of lawsuit with Hochschild Mining plc: The Company announced
on September 20 2010, an end to litigation with certain affiliates of
Hochschild Mining plc. ("Hochschild") in New York courts relating to
funding of the San Jose Mine joint venture. Revised finance and
shareholder loan agreements were completed and the Company received its
first scheduled repayment of interest.
-- San Jose Mine Exploration: The Company announced on October 7 2010, the
discovery of nine new high-grade gold/silver veins plus important
extensions of two other veins, which together total more than five
kilometers in strike length at the San Jose Mine. The discoveries
represent significant exploration progress at the San Jose Mine where
the total strike length of all the previously known veins totalled
approximately 17 kilometers. The 2010 exploration budget has been
increased to $6.5 million compared to $2.5 million in 2009.
This news release is submitted by Perry Ing, Chief Financial Officer of Minera Andes Inc.
About Minera Andes Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Andean Resources' Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean's Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.
About Minera Santa Cruz Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Reliability of Information:
MSC, the owner and operator of the San Jose mine, is responsible for and has supplied to the Corporation all reported results and operational updates from the San Jose mine. This press release is based entirely on information provided to Minera Andes by MSC. Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Corporation is not the operator of the San Jose mine, there can be no assurance that production information reported to the Corporation by MSC is accurate, the Corporation has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Corporation's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results, including the outcome of pending and current litigation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us, are inherently subject to significant business, economic and competitive uncertainties and contingencies and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Corporation's annual information form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Minera Andes Inc. Manager, Investor Relations 647-258-0395 or Toll-Free: 1-866-441-0690 647-258-0408 (FAX) info@minandes.com www.minandes.com
Aufgrund des starken Dollars gibt es in Euro ein 52-Wochenhoch
bei nem Übernahmeangebot dringend ablehnen!!!
Warum nicht? Wenn der Preis stimmt, z.B. USD 30 pro Aktie?
Antwort auf Beitrag Nr.: 40.619.995 von tender669 am 30.11.10 23:45:55Guten Morgen,
weiß einer, womit der Anstieg zu begründen ist? Ich bin seit 0,80 drin und frag mich grad, ob ich abdrücken soll
.
Danke schon mal
Stefan
weiß einer, womit der Anstieg zu begründen ist? Ich bin seit 0,80 drin und frag mich grad, ob ich abdrücken soll
.Danke schon mal
Stefan
Minera Andes Added to the S&P/TSX Global Mining Index
TORONTO, ONTARIO, Dec. 23, 2010 (Marketwire) -- Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that as a result of the Quarterly S&P/TSX index review, Standard & Poor's Canadian Index Operations added Minera Andes to the S&P/TSX Global Mining Index effective December 20, 2010.
Also, further to the Company's news release of November 22, 2010 an updated technical report on the San Jose Mine was filed on SEDAR today.
TORONTO, ONTARIO, Dec. 23, 2010 (Marketwire) -- Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that as a result of the Quarterly S&P/TSX index review, Standard & Poor's Canadian Index Operations added Minera Andes to the S&P/TSX Global Mining Index effective December 20, 2010.
Also, further to the Company's news release of November 22, 2010 an updated technical report on the San Jose Mine was filed on SEDAR today.
Könnte natürlich den Kurs drücken... falls einige Holder ihre Gewinne versilbern
Accelerated Expiry Of Warrants For Possible Proceeds Of $19 Million
Dec. 30, 2010 (Market News Publishing) --
MINERA ANDES INC ("MAI-T;MNEAF-L") - Accelerated Expiry Of Warrants For Possible Proceeds - Of $19 Million
Minera Andes Inc. advises that it will be issuing notice of accelerated expiry to the holders of approximately 15,352,100 share purchase warrants of the Company (the "Warrants") which were issued pursuant to "bought deal" underwritten financing completed in August 2009. Each Warrant was exercisable to purchase one common share of the Company at a price of $1.25 Canadian per common share until August 19, 2014.
Pursuant to the terms of a warrant indenture governing the Warrants, the expiry of the Warrants may be accelerated at any time prior to the expiry of the Warrants if the volume weighted average trading price of the underlying common shares listed on the Toronto Stock Exchange ("TSX") is greater than CDN$2.50 for 20 consecutive trading days, at which time the Company may give notice to the Warrant holders that the Warrants will expire on the 30th day after the date on which such notice is given.
Effective at market close on Wednesday, December 29, 2010, the Company's volume weighted average trading price for each of the past 20 consecutive trading days exceeded $2.50 Canadian. A Notice of Acceleration dated December 30, 2011 will be mailed to Warrant holders to advise that the expiry date of the Warrants is being accelerated to 5 p.m. (Toronto time) on January 31, 2011 (the "Early Expiry Time"). Any Warrants remaining unexercised after the expiration of the Early Expiry Time will be cancelled and will thereafter be of no force or effect.
Although it is unknown how many Warrants will be exercised, in the event that all Warrants are exercised, the Company will receive approximately $19 million which will be added to working capital.
How to Exercise Warrants
Warrant holders who wish to exercise their Warrants should instruct their investment advisor for an "immediate exercise" and be prepared to provide payment (by certified cheque, bank draft or money order payable to Minera Andes Inc.) to their advisor firm equal to the exercise price for each warrant exercised. Once Computershare receives payment and required documentation the Warrants will be cancelled and the warrant holder will receive Minera Andes common shares.
Investors should consult with their investment advisor to confirm the time required to complete this process and other costs associated with the exercise, if any.
Warrant holders who hold a physical certificate wishing to exercise warrants need to provide Computershare with a certified cheque, bank draft or money order payable to Minera Andes Inc., an exercise form and warrant certificate. For assistance, contact Computershare Trust Company of Canada directly at 1-800-564-6253.
About Minera Andes
Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Andean Resources' Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean's Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30, 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.
This news release has been submitted by Perry Ing, Chief Financial Officer, of the Corporation. For further information, please contact Perry Ing or visit our Web site: www.minandes.com.
http://tmx.quotemedia.com/article.php?newsid=37015289&qm_sym…
Accelerated Expiry Of Warrants For Possible Proceeds Of $19 Million
Dec. 30, 2010 (Market News Publishing) --
MINERA ANDES INC ("MAI-T;MNEAF-L") - Accelerated Expiry Of Warrants For Possible Proceeds - Of $19 Million
Minera Andes Inc. advises that it will be issuing notice of accelerated expiry to the holders of approximately 15,352,100 share purchase warrants of the Company (the "Warrants") which were issued pursuant to "bought deal" underwritten financing completed in August 2009. Each Warrant was exercisable to purchase one common share of the Company at a price of $1.25 Canadian per common share until August 19, 2014.
Pursuant to the terms of a warrant indenture governing the Warrants, the expiry of the Warrants may be accelerated at any time prior to the expiry of the Warrants if the volume weighted average trading price of the underlying common shares listed on the Toronto Stock Exchange ("TSX") is greater than CDN$2.50 for 20 consecutive trading days, at which time the Company may give notice to the Warrant holders that the Warrants will expire on the 30th day after the date on which such notice is given.
Effective at market close on Wednesday, December 29, 2010, the Company's volume weighted average trading price for each of the past 20 consecutive trading days exceeded $2.50 Canadian. A Notice of Acceleration dated December 30, 2011 will be mailed to Warrant holders to advise that the expiry date of the Warrants is being accelerated to 5 p.m. (Toronto time) on January 31, 2011 (the "Early Expiry Time"). Any Warrants remaining unexercised after the expiration of the Early Expiry Time will be cancelled and will thereafter be of no force or effect.
Although it is unknown how many Warrants will be exercised, in the event that all Warrants are exercised, the Company will receive approximately $19 million which will be added to working capital.
How to Exercise Warrants
Warrant holders who wish to exercise their Warrants should instruct their investment advisor for an "immediate exercise" and be prepared to provide payment (by certified cheque, bank draft or money order payable to Minera Andes Inc.) to their advisor firm equal to the exercise price for each warrant exercised. Once Computershare receives payment and required documentation the Warrants will be cancelled and the warrant holder will receive Minera Andes common shares.
Investors should consult with their investment advisor to confirm the time required to complete this process and other costs associated with the exercise, if any.
Warrant holders who hold a physical certificate wishing to exercise warrants need to provide Computershare with a certified cheque, bank draft or money order payable to Minera Andes Inc., an exercise form and warrant certificate. For assistance, contact Computershare Trust Company of Canada directly at 1-800-564-6253.
About Minera Andes
Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Andean Resources' Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean's Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30, 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.
This news release has been submitted by Perry Ing, Chief Financial Officer, of the Corporation. For further information, please contact Perry Ing or visit our Web site: www.minandes.com.
http://tmx.quotemedia.com/article.php?newsid=37015289&qm_sym…
Antwort auf Beitrag Nr.: 40.781.833 von KaOzz am 31.12.10 02:44:47schön wärs, dann kann ich nachlegen :-)
ich denke, 2011 könnte ein Übernahmeangebot ähnlich Andean (3,5 MRD) kommen. Das wäre Stand heute ca. Kurs mal 5 :-)
Das wär doch was :-)
Viele Grüße und ein gutes und erfolgreiches 2011!!!
ich denke, 2011 könnte ein Übernahmeangebot ähnlich Andean (3,5 MRD) kommen. Das wäre Stand heute ca. Kurs mal 5 :-)
Das wär doch was :-)
Viele Grüße und ein gutes und erfolgreiches 2011!!!
Antwort auf Beitrag Nr.: 40.782.655 von PanTau am 31.12.10 12:50:44Ja, mal schauen ob die Umsätze steigen und was der Kurs dabei macht.
Und wenn Edelmetall- und Rohstoffpreise auf dem aktuellen Niveau verharren...
Kupfer-Chart:
---
Guten Rutsch und dass 2011 ähnlich erfolgreich verläuft wie 2010. Denke für die meisten Börsianer war 2010 ein erfolgreiches Jahr, auf das man anstoßen kann!
Und wenn Edelmetall- und Rohstoffpreise auf dem aktuellen Niveau verharren...
Kupfer-Chart:
---
Guten Rutsch und dass 2011 ähnlich erfolgreich verläuft wie 2010. Denke für die meisten Börsianer war 2010 ein erfolgreiches Jahr, auf das man anstoßen kann!
Der Wert korrigiert kräftig. Ist natürlich kaum ein wunder bei dem Anstieg...
Antwort auf Beitrag Nr.: 40.816.059 von KaOzz am 07.01.11 02:04:03ja, war zu erwarten, auch nach den News vom Dezember. Allerdings haben fast alle Gold-/Silber-/Kupferwerte nachgegeben in den vergangenen Tagen. Ich werde später mal Bid/Ask abwarten in kanada und evtl. mal nachlegen. Der Wert bleibt auf jeden Fall ein sehr aussichtsreiches Investment.
Schau dir mal noch Samex Mining an, das könnte interessant sein (Thread von mir eröffnet, da ist ein Link zu ner Studie vom September 2011).
VG
Stefan
Schau dir mal noch Samex Mining an, das könnte interessant sein (Thread von mir eröffnet, da ist ein Link zu ner Studie vom September 2011).
VG
Stefan
Antwort auf Beitrag Nr.: 40.818.875 von PanTau am 07.01.11 12:58:48Danke für den Tipp
Is die übliche Sippenhaft. Aber einige verkaufen natürlich beherzter, wenn die die fallenden Kurse sehen.
Jedenfalls zeichnen sich weiter steigende Preise ab, vllt sollte man mal nen Blick auf die Ausrüster werfen, wenn die Arbeitskräfte rar werden:
04.01.2011
WSJ: Bergbaukonzernen kämpfen mit Mitarbeiterengpass
Von Robert Guy Matthews
THE WALL STREET JOURNAL
WASHINGTON (Dow Jones)--Der aktuelle Rohstoffboom führt zu einem weltweiten Mangel an qualifizierten Bergbaumitarbeitern. Die ersten Bergbaukonzerne warnen bereits, dass der Engpass das Wachstum verlangsamen und die Kosten in die Höhe treiben könnte. Einige Konzerne wie BHP Billiton sind dazu übergegangen, Mitarbeiter für eine begrenzte Zeit zu abgelegenen Minen zu fliegen. Andere wie Rio Tinto treiben die Automatisierung ihrer Arbeitsprozesse voran. Die japanische Nittetsu Mining Co war gar gezwungen, die Erschließung der Kupfermine Sol Naciente in Chile zu verzögern, weil die Arbeiter fehlten. Der Konzern hofft nun, die Erschließung im Frühling wieder vorantreiben zu können.
weiterlesen
Is die übliche Sippenhaft. Aber einige verkaufen natürlich beherzter, wenn die die fallenden Kurse sehen.
Jedenfalls zeichnen sich weiter steigende Preise ab, vllt sollte man mal nen Blick auf die Ausrüster werfen, wenn die Arbeitskräfte rar werden:
04.01.2011
WSJ: Bergbaukonzernen kämpfen mit Mitarbeiterengpass
Von Robert Guy Matthews
THE WALL STREET JOURNAL
WASHINGTON (Dow Jones)--Der aktuelle Rohstoffboom führt zu einem weltweiten Mangel an qualifizierten Bergbaumitarbeitern. Die ersten Bergbaukonzerne warnen bereits, dass der Engpass das Wachstum verlangsamen und die Kosten in die Höhe treiben könnte. Einige Konzerne wie BHP Billiton sind dazu übergegangen, Mitarbeiter für eine begrenzte Zeit zu abgelegenen Minen zu fliegen. Andere wie Rio Tinto treiben die Automatisierung ihrer Arbeitsprozesse voran. Die japanische Nittetsu Mining Co war gar gezwungen, die Erschließung der Kupfermine Sol Naciente in Chile zu verzögern, weil die Arbeiter fehlten. Der Konzern hofft nun, die Erschließung im Frühling wieder vorantreiben zu können.
weiterlesen
Antwort auf Beitrag Nr.: 40.826.801 von KaOzz am 08.01.11 22:36:14Minera Andes Announces Increased Silver and Gold Production for the Fourth Quarter and for the Year 2010 at the San Jose Mine
TORONTO, ONTARIO, Jan. 19, 2011 (Marketwire) --
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the San Jose mine production results for the fourth quarter of 2010 and the year ended December 31, 2010. During the fourth quarter, the San Jose mine produced 1,871,440 ounces of silver and 26,141 ounces of gold, of which 49% is attributable to Minera Andes. For the full year of 2010 silver production was 5,323,842 ounces and gold production was 84,303 ounces.
http://tmx.quotemedia.com/article.php?newsid=37601377&qm_sym…
MAI ist immer noch einer meiner Lieblingswerte
TORONTO, ONTARIO, Jan. 19, 2011 (Marketwire) --
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the San Jose mine production results for the fourth quarter of 2010 and the year ended December 31, 2010. During the fourth quarter, the San Jose mine produced 1,871,440 ounces of silver and 26,141 ounces of gold, of which 49% is attributable to Minera Andes. For the full year of 2010 silver production was 5,323,842 ounces and gold production was 84,303 ounces.
http://tmx.quotemedia.com/article.php?newsid=37601377&qm_sym…
MAI ist immer noch einer meiner Lieblingswerte
Heute Unterstützung bei 2.20 CAD getestet
Minera Andes ist ein Langfrist-Investment. Seit der Edelmetallmesse in München (Anfang Nov.2010), wo ich mit CEO Rob McEwen sprechen konnte, bin ich dabei.
Bei den (im Minensektor üblichen) heftigen Konsolidierungen braucht man Sitzfleisch:, aber es lohnt sich.
Wer hier investiert ist, wird noch viel Freude haben.
Bei den (im Minensektor üblichen) heftigen Konsolidierungen braucht man Sitzfleisch
:, aber es lohnt sich.Wer hier investiert ist, wird noch viel Freude haben.
Antwort auf Beitrag Nr.: 41.126.822 von Silverager am 01.03.11 16:35:22Ich hab da null Bedenken
Das einzige was mich in Skepsis stürzt, ist die Frage, ob der weitere Verlauf der Rohstoff-Rally dieselben Gewinne bringen kann wie bisher?
Ich schätze mal nicht, aber man sollte sich auf IPO's, ferner Spin-Offs konzentrieren...
Bräuchte mal noch ganz, ganz dringend auf die Schnelle nen möglichen Silber-Explorer. Ich kann leider aus beruflichen Gründen nicht die Zeit für die Recherche aufbringen
Das einzige was mich in Skepsis stürzt, ist die Frage, ob der weitere Verlauf der Rohstoff-Rally dieselben Gewinne bringen kann wie bisher?
Ich schätze mal nicht, aber man sollte sich auf IPO's, ferner Spin-Offs konzentrieren...
Bräuchte mal noch ganz, ganz dringend auf die Schnelle nen möglichen Silber-Explorer. Ich kann leider aus beruflichen Gründen nicht die Zeit für die Recherche aufbringen
Büdde, büdde
Die Kugel antwortete mit einem JA!
Das einzige, was mich Skepsis stürzt ist die Frage, wie weit man Kristallkugeln trauen kann.
Das einzige, was mich Skepsis stürzt ist die Frage, wie weit man Kristallkugeln trauen kann.
Bevor der Thread hier endgültig einschläft:
Wer, wie ich, seit November vorigen Jahres dabei ist, kann eigentlich nicht meckern.
Und das Beste kommt ja erst noch...
Wer, wie ich, seit November vorigen Jahres dabei ist, kann eigentlich nicht meckern.
Und das Beste kommt ja erst noch...
Antwort auf Beitrag Nr.: 41.172.861 von Silverager am 09.03.11 18:22:53Wer wie ich noch etwas länger dabei ist, darf sich sogar noch mehr freuen
Wieauchimmer...
Ob die Diskussion einschläft is mir natürlich Hupe, das Bsp MAI.TO zeigt v. a. wie sehr solche Perlen von der Masse beachtet werden. Die meisten Hobby-Börsianer steigen doch nur in Werte ein, die den Großteil ihrer Kursgewinne schon hinter sich haben und die von den Pushern als die Werte des Jahrzehnts gefeiert werden (China Rare Earth, Lynas, CLQ, etc.)
Was hinter den News steckt (Insider-Wissen) wird bei W:0 sowieso nicht zu speziellen Werten zu finden sein. Beziehungsweise gibts nur ganz wenige Diskussionen, bei denen was durchsickert... aber wenn das nur bei einem Wert im Jahr vorkommt, dann ist das auch nicht allzuviel wert.
Das hier ist viel interessanter:
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 18/11 Feb 18/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.805
Feb 18/11 Feb 18/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.828
Feb 01/11 Jan 31/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $2.538
Feb 01/11 Jan 31/11 Stein, Michael Direct Ownership Common Shares 54 - Exercise of warrants 250,000 $1.250
Feb 01/11 Jan 31/11 Stein, Michael Direct Ownership Warrants 54 - Exercise of warrants -250,000 $1.250
Jan 28/11 Jan 26/11 Lazarovici, Victor Direct Ownership Common Shares 54 - Exercise of warrants 15,000 $15,000.000
Jan 28/11 Jan 26/11 Lazarovici, Victor Direct Ownership Warrants 54 - Exercise of warrants -15,000 $1.250
Jan 17/11 Jan 13/11 Duff, James Kenneth Direct Ownership Common Shares 10 - Acquisition in the public market 5,700 $2.680
Jan 17/11 Jan 13/11 Duff, James Kenneth Direct Ownership Common Shares 10 - Acquisition in the public market 600 $2.680
Jan 11/11 Jan 11/11 Engelstad, Nils Frederik Jonas Direct Ownership Common Shares 10 - Acquisition in the public market 2,100 $2.650
Wieauchimmer...
Ob die Diskussion einschläft is mir natürlich Hupe, das Bsp MAI.TO zeigt v. a. wie sehr solche Perlen von der Masse beachtet werden. Die meisten Hobby-Börsianer steigen doch nur in Werte ein, die den Großteil ihrer Kursgewinne schon hinter sich haben und die von den Pushern als die Werte des Jahrzehnts gefeiert werden (China Rare Earth, Lynas, CLQ, etc.)
Was hinter den News steckt (Insider-Wissen) wird bei W:0 sowieso nicht zu speziellen Werten zu finden sein. Beziehungsweise gibts nur ganz wenige Diskussionen, bei denen was durchsickert... aber wenn das nur bei einem Wert im Jahr vorkommt, dann ist das auch nicht allzuviel wert.
Das hier ist viel interessanter:
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 18/11 Feb 18/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.805
Feb 18/11 Feb 18/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.828
Feb 01/11 Jan 31/11 Quick, Donald Roy M. Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $2.538
Feb 01/11 Jan 31/11 Stein, Michael Direct Ownership Common Shares 54 - Exercise of warrants 250,000 $1.250
Feb 01/11 Jan 31/11 Stein, Michael Direct Ownership Warrants 54 - Exercise of warrants -250,000 $1.250
Jan 28/11 Jan 26/11 Lazarovici, Victor Direct Ownership Common Shares 54 - Exercise of warrants 15,000 $15,000.000
Jan 28/11 Jan 26/11 Lazarovici, Victor Direct Ownership Warrants 54 - Exercise of warrants -15,000 $1.250
Jan 17/11 Jan 13/11 Duff, James Kenneth Direct Ownership Common Shares 10 - Acquisition in the public market 5,700 $2.680
Jan 17/11 Jan 13/11 Duff, James Kenneth Direct Ownership Common Shares 10 - Acquisition in the public market 600 $2.680
Jan 11/11 Jan 11/11 Engelstad, Nils Frederik Jonas Direct Ownership Common Shares 10 - Acquisition in the public market 2,100 $2.650
http://tmx.quotemedia.com/article.php?newsid=39432790&qm_sym…
Minera Andes Announces Outstanding 2010 Exploration Drill Results at the San Jose Mine
Mar. 10, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to provide a summary of the exploration results achieved during 2010 at the San José Mine. A total of 7.5 kilometers of new high-grade silver/gold veins were discovered in 2010 representing a 44% increase in the cumulative strike length of all veins known at the mine at the end of 2009. In addition, drilling in 2010 through September 30th produced a doubling of the Inferred Mineral Resources, as previously reported on November 22, 2010. The new veins are located within the area of the existing San José mining operations between the Kospi and Frea veins, and access for the new veins will be developed from existing underground mine workings. The discoveries are the result of a significant increase in the exploration effort at San José compared to previous years.
Rob McEwen, Chairman and CEO of Minera Andes, said:
"These drill results demonstrate that the area in and around the San José mine is extremely prospective. We are eagerly awaiting the results of the ongoing exploration drilling in and outside the mine area. The recent $3.6 billion acquisition of Andean Resources' for its nearby Cerro Negro property by Goldcorp Inc. highlights the world class potential of this emerging gold/silver district."
Minera Andes Announces Proposed Spin-Out of Los Azules Copper Project
Mar. 17, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that it intends to complete a spin-out its Los Azules Copper Project into a new publicly traded company.
The Los Azules Project is a 100% owned advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile. It is one of the world's largest undeveloped copper deposits with an indicated mineral resource of 137 million tonnes grading 0.73% copper, equivalent to 2.2 billion pounds of copper, and an inferred mineral resource of 900 million tonnes grading 0.52% copper, equivalent to 10.3 billion pounds of copper. Exploration and infill drilling continues with five drills currently operating at the Los Azules Copper Project.
* Management believes now is the time to unlock the value and potential of Minera Andes' world class Los Azules Copper Project.
* The spin-out of the Los Azules Copper Project allows Minera Andes shareholders to retain exposure to a world-class copper deposit with a copper-focused management in a pure copper vehicle.
* Minera Andes will continue to aggressively advance priority gold and silver projects with the objective of adding ounces to the San José Mine and making discoveries at our 100% owned grass-roots projects surrounding Goldcorp's Cerro Negro property (recently acquired by Goldcorp for $3.6 billion).
An updated preliminary assessment on the Los Azules Copper Project was released in December 2010. It is based on the updated resource estimate announced in June 2010 and higher base case metal price assumptions:
* Using a Copper price of $3.00/lb
* Base case pre-tax Net Present Value ("NPV") is $2.8 billion and the Internal Rate of Return ("IRR") is 21.4%, at a discount rate of 8%
* Life of mine Cash Operating Costs of $0.96/lb of copper net of gold and silver by-product credits
* Initial Capital $2.9 billion
* Capital Payback in 3 years
* Mine life of 25 years
*
Forecasted Annual Copper Production: 1st 5 Years: 500 million lbs, Life of Mine: 375 million lbs
The spin-out transaction will be affected under a statutory plan of arrangement in the Province of Alberta (the "Arrangement"). Under the proposed terms of the Arrangement, the shareholders of Minera Andes will retain their common shares in Minera Andes and will be entitled to receive one common share of the new company for every share of Minera Andes held on the record date for the Arrangement.
The completion of the Arrangement will be subject, among other things, to Toronto Stock Exchange, Court and shareholder approval; as well, a favourable tax ruling from the Canada Revenue Agency.
Additional prospective copper exploration assets currently owned by Minera Andes will be included with the Los Azules Copper Project in the Arrangement.
Further details regarding the Arrangement will be set out in an Information Circular that will be sent to shareholders in advance of the extraordinary shareholders meeting, anticipated to be held in late June 2011 to seek approval for the Arrangement and related matters.
Hier gehts zur Meldung:
http://tmx.quotemedia.com/article.php?newsid=39652278&qm_sym…
Mar. 17, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce that it intends to complete a spin-out its Los Azules Copper Project into a new publicly traded company.
The Los Azules Project is a 100% owned advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile. It is one of the world's largest undeveloped copper deposits with an indicated mineral resource of 137 million tonnes grading 0.73% copper, equivalent to 2.2 billion pounds of copper, and an inferred mineral resource of 900 million tonnes grading 0.52% copper, equivalent to 10.3 billion pounds of copper. Exploration and infill drilling continues with five drills currently operating at the Los Azules Copper Project.
* Management believes now is the time to unlock the value and potential of Minera Andes' world class Los Azules Copper Project.
* The spin-out of the Los Azules Copper Project allows Minera Andes shareholders to retain exposure to a world-class copper deposit with a copper-focused management in a pure copper vehicle.
* Minera Andes will continue to aggressively advance priority gold and silver projects with the objective of adding ounces to the San José Mine and making discoveries at our 100% owned grass-roots projects surrounding Goldcorp's Cerro Negro property (recently acquired by Goldcorp for $3.6 billion).
An updated preliminary assessment on the Los Azules Copper Project was released in December 2010. It is based on the updated resource estimate announced in June 2010 and higher base case metal price assumptions:
* Using a Copper price of $3.00/lb
* Base case pre-tax Net Present Value ("NPV") is $2.8 billion and the Internal Rate of Return ("IRR") is 21.4%, at a discount rate of 8%
* Life of mine Cash Operating Costs of $0.96/lb of copper net of gold and silver by-product credits
* Initial Capital $2.9 billion
* Capital Payback in 3 years
* Mine life of 25 years
*
Forecasted Annual Copper Production: 1st 5 Years: 500 million lbs, Life of Mine: 375 million lbs
The spin-out transaction will be affected under a statutory plan of arrangement in the Province of Alberta (the "Arrangement"). Under the proposed terms of the Arrangement, the shareholders of Minera Andes will retain their common shares in Minera Andes and will be entitled to receive one common share of the new company for every share of Minera Andes held on the record date for the Arrangement.
The completion of the Arrangement will be subject, among other things, to Toronto Stock Exchange, Court and shareholder approval; as well, a favourable tax ruling from the Canada Revenue Agency.
Additional prospective copper exploration assets currently owned by Minera Andes will be included with the Los Azules Copper Project in the Arrangement.
Further details regarding the Arrangement will be set out in an Information Circular that will be sent to shareholders in advance of the extraordinary shareholders meeting, anticipated to be held in late June 2011 to seek approval for the Arrangement and related matters.
Hier gehts zur Meldung:
http://tmx.quotemedia.com/article.php?newsid=39652278&qm_sym…
LAC im 1-yr Chart:
MAI nimmt das ATH in Angriff:
1-yr Chart:
1-yr Chart:
Zitat von KaOzz: Wer wie ich noch etwas länger dabei ist, darf sich sogar noch mehr freuen
Da freue ich mich mit dir.
Ich bin auf Minera Andes erst bei der Edelmetallmesse München im November aufmerksam geworden, wo ich Rob McEwens Rede hörte und Gelegenheit hatte, mit ihm persönlich zu sprechen. Danach bin ich sowohl bei Minera Andes als auch bei US Gold und Lexam VG Gold eingestiegen und habe noch keine Investition bereut.
Rob ist schon sehr überzeugend.
Antwort auf Beitrag Nr.: 41.257.325 von Silverager am 24.03.11 08:03:06Freut mich, dass Du direkt mit ihm sprechen konntest
Ich hatte noch nich die Gelegenheit mit so ner Persönlichkeit zu reden. Ich war aber auch noch nie auf ner Investorenmesse... (glaube dass man viele Infos im Netz kriegt und nicht mehr unbdingt ne Messe besuchen muss)
Is irgendwas interessantes durchgesickert im Gespräch?
Wie findest Du die Ausgliederung von Los Azules?
Würde sagen, das macht das Gold-/Silbervorkommen interessant für ne Akquise. Aber auch das Kupfer-Projekt könnte schnell geschluckt werden... Is natürlich interessant für den jeweiligen Interessenten, der eventuell keine Nebenprodukte miterwerben will.
Allerdings lässt derzeit die Kupger-Nachfrage von chinesischer Seite nach und wird wohl in den nächsten zwei Jahren nicht großartig ansteigen.
Wird sehr interessant zu sehen, mit welchen Managern sie das neue Projekt ausstatten, zu welchem Preis sie es an die Börse bringen und was danach mit der San-Jose-Mine passiert.
Jedenfalls steigt der Kurs...
Grüße!
PS: Der Lithium Americas Chart sollte gar nich in diesem Thread landen, sorry!
Ich hatte noch nich die Gelegenheit mit so ner Persönlichkeit zu reden. Ich war aber auch noch nie auf ner Investorenmesse... (glaube dass man viele Infos im Netz kriegt und nicht mehr unbdingt ne Messe besuchen muss
)Is irgendwas interessantes durchgesickert im Gespräch?
Wie findest Du die Ausgliederung von Los Azules?
Würde sagen, das macht das Gold-/Silbervorkommen interessant für ne Akquise. Aber auch das Kupfer-Projekt könnte schnell geschluckt werden... Is natürlich interessant für den jeweiligen Interessenten, der eventuell keine Nebenprodukte miterwerben will.
Allerdings lässt derzeit die Kupger-Nachfrage von chinesischer Seite nach und wird wohl in den nächsten zwei Jahren nicht großartig ansteigen.
Wird sehr interessant zu sehen, mit welchen Managern sie das neue Projekt ausstatten, zu welchem Preis sie es an die Börse bringen und was danach mit der San-Jose-Mine passiert.
Jedenfalls steigt der Kurs...
Grüße!
PS: Der Lithium Americas Chart sollte gar nich in diesem Thread landen, sorry!
Antwort auf Beitrag Nr.: 41.259.549 von KaOzz am 24.03.11 13:00:18Naja, Rob McEwen ist halt ein Gold- und Silber-Spezialist. Insofern ist der spin-off der Kupfermine in sich nur logisch (und bringt wohl auch ordentlich cash)
Ob die Kupfer-Nachfrage tatsächlich sinkt, wage ich zu bezweifeln. Aber Mischkonzerne habe ich selbst auch noch nie so recht gemocht.
Es stimmt zwar, dass man im Netz toll recherchieren kann, aber auf Messen kann man doch mal mit den Managern selber reden (nicht, dass sie was sagen, was man nicht auch nachlesen kann) Aber, sich einen persönlicher Eindruck zu verschaffen, ist nie verkehrt. Und Rob McEwen hat mich echt schwer beeindruckt. Darum bin ich auch in allen seinen Firmen drin.
Und - wie du richtig sagst - der Kurs steigt. Das ist gerade in diesen Zeiten besonders erfreulich.
Ob die Kupfer-Nachfrage tatsächlich sinkt, wage ich zu bezweifeln. Aber Mischkonzerne habe ich selbst auch noch nie so recht gemocht.
Es stimmt zwar, dass man im Netz toll recherchieren kann, aber auf Messen kann man doch mal mit den Managern selber reden (nicht, dass sie was sagen, was man nicht auch nachlesen kann) Aber, sich einen persönlicher Eindruck zu verschaffen, ist nie verkehrt. Und Rob McEwen hat mich echt schwer beeindruckt. Darum bin ich auch in allen seinen Firmen drin.
Und - wie du richtig sagst - der Kurs steigt. Das ist gerade in diesen Zeiten
besonders erfreulich.
Antwort auf Beitrag Nr.: 40.180.122 von Torte11 am 20.09.10 18:46:19Minera Andes Announces 2010 Full Year Financial Results and Record Earnings for Fourth Quarter 2010
03/30/2011
Download this Press Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 03/30/11 -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) is pleased to announce net income of $30.9 million ($0.12 per share basic and $0.11 per share diluted) for the year ended December 31, 2010, an increase of $26.8 million compared to net income of $4.1 million ($0.02 per share basic and diluted) for the year ended December 31, 2009. On a quarterly basis the company reported net income of $18.8 million for the fourth quarter of 2010, an increase of $16.4 million ($0.07 per share basic and diluted) compared to net income of $2.4 million ($0.01 per share basic and diluted) for the same period ended December 31, 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management's discussion and analysis are available under the Company's profile at www.sedar.com and www.sec.gov.
Minera Andes has a 49% interest in Minera Santa Cruz ("MSC"), which owns and operates the San Jose Mine, a joint venture between Minera Andes (49%) and Hochschild Mining plc (51%).
Highlights - Full Year 2010
-- Settlement of lawsuit with Hochschild Mining plc: The Company announced
on September 20, 2010, an end to litigation with certain affiliates of
Hochschild Mining plc. in New York courts relating to funding of the San
Jose Mine joint venture. Revised project and shareholder loan agreements
were completed and the Company received its first two scheduled
quarterly repayments of interest totaling $5.7 million as well as an
additional prepayment of $3.5 million in the fourth quarter of 2010. The
Company expects to receive a minimum of $1.4 million in scheduled
payments during the first half of 2011 and significantly increased
amounts in the second half of 2011.
-- San Jose Mine Performance (on a 100% basis): Net income for 2010 at the
San Jose Mine increased by $54.6 million compared to 2009 driven
primarily by higher realized prices and increased production. The
average gross sale price per ounce of silver and gold was $23.36 and
$1,281, respectively, an increase of 58% and 28% compared to 2009.
Production during 2010 was 5,323,842 ounces of silver and 84,303 ounces
of gold. Silver production increased by 7% while gold production was 9%
higher, compared to 2009. The average production cash cost, on a per-
ounce, co-product basis, was $9.67 per ounce of silver and $568 per
ounce of gold for the year ended December 31, 2010, compared to $7.08
per ounce of silver and $477 per ounce of gold for the year ended
December 31, 2009.
-- San Jose Mine Exploration: The Company announced on October 7, 2010, the
discovery of 9 new high-grade gold/silver veins plus important
extensions of 2 other veins, which together total more than 5 kilometres
in strike length at the San Jose Mine. Further to this discovery, the
Company announced on March 10, 2011, an additional 2 new veins within
the area of the existing San Jose mining operations totaling a further
2.5 kilometres of strike length. The discoveries represent significant
exploration progress at the San Jose Mine where the total strike length
of all the previously known veins totalled approximately 17 kilometres.
The updated audited resource estimate for the San Jose property at December 31, 2010, is as follows:
----------------------------------------------------------------------------
Resource Tonnes Ag Au AgEq AgEq
Category (000's) g/t g/t g/t M oz
----------------------------------------------------------------------------
Measured 1,035 570 8.10 1,056 35.14
----------------------------------------------------------------------------
Indicated 2,020 426 6.14 795 51.63
----------------------------------------------------------------------------
Measured & Indicated 3,055 475 6.80 883 86.77
----------------------------------------------------------------------------
Inferred 2,986 373 5.96 731 70.18
----------------------------------------------------------------------------
1) AuEq is calculated as 1oz Au. = 60 oz. Ag.
2) Resources estimation utilized inverse distance and ordinary kriging
methods depending on data density.
3) Resources were defined at a cut-off of 198 g/t AgEq.
4) Mineral resources which are not mineral reserves do not have
demonstrated economic The estimate of mineral resources may be
materially affected by environmental, permitting, legal, title,
taxation, socialpolitical, marketing, or other relevant issues.
viability.
5) The quantity and grade of reported Inferred resources in this estimation
are uncertain in nature and there has been insufficient exploration to
define these Inferred resources as in Indicated or Measured mineral
resource and it is uncertain if further exploration will result in
upgrading them to an Indicated or Measured mineral resource category.
6) Mineral resources were estimated using the Canadian Institute of Mining,
Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and
Reserves, Definitions and Guidelines prepared by the CIM Standing
Committee on Reserve Definitions and meet the requirements of JORC.
The updated audited reserve estimate for the San Jose property at December 31, 2010, is as follows:
----------------------------------------------------------------------------
Tonnes Ag Au AgEq AgEq
Reserve Category (000's) g/t g/t g/t M oz
----------------------------------------------------------------------------
Proven 713 511 7.26 947 21.71
----------------------------------------------------------------------------
Probable 756 394 5.45 721 17.52
----------------------------------------------------------------------------
Proven & Probable 1,469 451 6.33 831 39.23
----------------------------------------------------------------------------
1) AuEq is calculated as 1oz Au = 60 oz Ag.
2) Reserves were defined at a cut-off of $68.43/tonne.
3) Internal Dilution = 7%, Mining and Geotechnical Dilution = 22% and Mine
Extraction = 68%.
4) Mineral reserves were estimated using the CIM, CIM Standards on Mineral
Resources and Reserves, Definitions and Guidelines prepared by the CIM
Standing Committee on Reserve Definitions and meet the requirements of
JORC.
-- Los Azules Exploration: The Company announced on June 21, 2010, an
increase in the mineral resource at the Los Azules Project. A total of
137 million tonnes, grading 0.55 percent copper, of the previous
inferred mineral resources were upgraded to the indicated category and
an additional 116 million tonnes of inferred mineral resources were
added, bringing the total of inferred mineral resources to 900 million
tonnes. Based on this resource update, the Company announced on December
16, 2010 the results of an updated preliminary assessment ("PA"), which
showed that the net present value ("NPV") of the project increased from
$0.5 billion to $2.9 billion and the internal rate of return ("IRR")
increased from 10.8% to 21.4%. The Company announced on March 17, 2011,
its intention to spin-out the Los Azules Copper Project into a new
publicly traded company, subject to a number of approvals.
About Minera Andes
Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. Exploration and infill drilling is currently underway at the Los Azules project The Company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company.
About Minera Santa Cruz
Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Company. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc
Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
This news release has been submitted by Perry Ing, Chief Financial Officer of the Company. For further information, please contact Perry Ing or visit our Web site: www.minandes.com.
Reliability of Information:
MSC, the owner and operator of the San Jose mine, is responsible for and has supplied to the Company all reported results and operational updates from the San Jose mine. This press release is based entirely on information provided to Minera Andes by MSC. Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Company is not the operator of the San Jose mine, there can be no assurance that production information reported to the Company by MSC is accurate, the Company has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information
Cautionary Note to U.S. Investors:
All resource estimates reported by the Corporation are calculated in accordance with 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.
Technical and Project Information
Technical information about the Los Azules Project in this news release was derived from the report entitled "Canadian National Instrument 43-101 Technical Report Updated Preliminary Assessment, Los Azules Project, San Juan Province, Argentina" with an effective date of December 1, 2010 (released December 16, 2010) prepared by Kathleen Altman, Ph.D., PE,, Robert Sim, P.Geo,. Bruce Davis, PhD, FAusIMM, Richard Jemielita, Ph.D., MIMMM, William Rose, PE, and Scott Elfen, PE (the "Los Azules Report"). Each of the Los Azules Report authors are independent of Minera Andes Inc. and Qualified Persons, each as defined by National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101"). The Los Azules Report is available under the Corporation's profile on SEDAR (www.sedar.com).
----------------------------------------------------------------------------
Contained
Copper
Mineral Resource Tonnes (Billion Gold Silver
Category (millions) Copper % lbs) grams/tonne grams/tonne
----------------------------------------------------------------------------
Indicated 137 0.73 2.2 0.07 1.7
----------------------------------------------------------------------------
Inferred 900 0.52 10.3 0.07 1.7
----------------------------------------------------------------------------
Cut-off grade of 0.35% Cu.
The Los Azules Report is preliminary in nature and includes the use of inferred resources which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Thus, there is no certainty that the results of the preliminary assessment in the Los Azules Report will be realized. Actual results may vary, perhaps materially. The level of accuracy for this preliminary assessment estimates is approximately +/- 35%.
Further information regarding the San Jose Project can be found in the technical report dated December 16, 2010 titled "Technical Report on the San Jose Silver-Gold Mine, Santa Cruz, Argentina" prepared by Eugene J. Puritch (P.Eng); Alfred S. Hayden (P.Eng); James L. Pearson (P.Eng); Fred H. Brown (CPG, PrSciNat); Tracy Armstrong, (P.Geo); David Burga, (P. Geo) and, Kirstine R. Malloch, (MAusIMM) all of P&E Mining Consultants Inc. ("P&E") and each of whom is a "qualified person" and "independent" of the Company, in each case, within the meaning of NI 43-101. Such information is based on assumptions, qualifications and procedures which are not fully described herein. Reference should be made to the full text of the San Jose Technical Report which is available for review under our profile on SEDAR at www.sedar.com. Reserve and resource information contained herein supersede information provided in the San Jose Technical Report. Updated reserve and resource estimates effective December 31, 2010, were undertaken by James L. Pearson P.Eng., Alfred Hayden P.Eng and Fred Brown CPG PrSciNat under the direction of P&E's President, Eugene Puritch P.Eng., each of whom are considered to be Qualified Persons within the meaning of NI 43-101. The updated reserve and resource estimates are disclosed in our Annual Information Form dated March 28, 2011 and filed on SEDAR.
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Contacts:
Minera Andes Inc.
Perry Ing, Chief Financial Officer
Toll-Free: 1-866-441-0690 begin_of_the_skype_highlighting 1-866-441-0690 end_of_the_skype_highlighting
Tel: 647-258-0395 begin_of_the_skype_highlighting 647-258-0395 end_of_the_skype_highlighting
647-258-0408 begin_of_the_skype_highlighting 647-258-0408 end_of_the_skype_highlighting (FAX)
info@minandes.com
www.minandes.com
Minera Andes Inc.
99 George St. 3rd Floor
Toronto, Ontario, Canada. M5A 2N4
Source: Minera Andes Inc.
http://www.minandes.com/News/Press-Release-Details/2011/Mine…
03/30/2011
Download this Press Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 03/30/11 -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) is pleased to announce net income of $30.9 million ($0.12 per share basic and $0.11 per share diluted) for the year ended December 31, 2010, an increase of $26.8 million compared to net income of $4.1 million ($0.02 per share basic and diluted) for the year ended December 31, 2009. On a quarterly basis the company reported net income of $18.8 million for the fourth quarter of 2010, an increase of $16.4 million ($0.07 per share basic and diluted) compared to net income of $2.4 million ($0.01 per share basic and diluted) for the same period ended December 31, 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management's discussion and analysis are available under the Company's profile at www.sedar.com and www.sec.gov.
Minera Andes has a 49% interest in Minera Santa Cruz ("MSC"), which owns and operates the San Jose Mine, a joint venture between Minera Andes (49%) and Hochschild Mining plc (51%).
Highlights - Full Year 2010
-- Settlement of lawsuit with Hochschild Mining plc: The Company announced
on September 20, 2010, an end to litigation with certain affiliates of
Hochschild Mining plc. in New York courts relating to funding of the San
Jose Mine joint venture. Revised project and shareholder loan agreements
were completed and the Company received its first two scheduled
quarterly repayments of interest totaling $5.7 million as well as an
additional prepayment of $3.5 million in the fourth quarter of 2010. The
Company expects to receive a minimum of $1.4 million in scheduled
payments during the first half of 2011 and significantly increased
amounts in the second half of 2011.
-- San Jose Mine Performance (on a 100% basis): Net income for 2010 at the
San Jose Mine increased by $54.6 million compared to 2009 driven
primarily by higher realized prices and increased production. The
average gross sale price per ounce of silver and gold was $23.36 and
$1,281, respectively, an increase of 58% and 28% compared to 2009.
Production during 2010 was 5,323,842 ounces of silver and 84,303 ounces
of gold. Silver production increased by 7% while gold production was 9%
higher, compared to 2009. The average production cash cost, on a per-
ounce, co-product basis, was $9.67 per ounce of silver and $568 per
ounce of gold for the year ended December 31, 2010, compared to $7.08
per ounce of silver and $477 per ounce of gold for the year ended
December 31, 2009.
-- San Jose Mine Exploration: The Company announced on October 7, 2010, the
discovery of 9 new high-grade gold/silver veins plus important
extensions of 2 other veins, which together total more than 5 kilometres
in strike length at the San Jose Mine. Further to this discovery, the
Company announced on March 10, 2011, an additional 2 new veins within
the area of the existing San Jose mining operations totaling a further
2.5 kilometres of strike length. The discoveries represent significant
exploration progress at the San Jose Mine where the total strike length
of all the previously known veins totalled approximately 17 kilometres.
The updated audited resource estimate for the San Jose property at December 31, 2010, is as follows:
----------------------------------------------------------------------------
Resource Tonnes Ag Au AgEq AgEq
Category (000's) g/t g/t g/t M oz
----------------------------------------------------------------------------
Measured 1,035 570 8.10 1,056 35.14
----------------------------------------------------------------------------
Indicated 2,020 426 6.14 795 51.63
----------------------------------------------------------------------------
Measured & Indicated 3,055 475 6.80 883 86.77
----------------------------------------------------------------------------
Inferred 2,986 373 5.96 731 70.18
----------------------------------------------------------------------------
1) AuEq is calculated as 1oz Au. = 60 oz. Ag.
2) Resources estimation utilized inverse distance and ordinary kriging
methods depending on data density.
3) Resources were defined at a cut-off of 198 g/t AgEq.
4) Mineral resources which are not mineral reserves do not have
demonstrated economic The estimate of mineral resources may be
materially affected by environmental, permitting, legal, title,
taxation, socialpolitical, marketing, or other relevant issues.
viability.
5) The quantity and grade of reported Inferred resources in this estimation
are uncertain in nature and there has been insufficient exploration to
define these Inferred resources as in Indicated or Measured mineral
resource and it is uncertain if further exploration will result in
upgrading them to an Indicated or Measured mineral resource category.
6) Mineral resources were estimated using the Canadian Institute of Mining,
Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and
Reserves, Definitions and Guidelines prepared by the CIM Standing
Committee on Reserve Definitions and meet the requirements of JORC.
The updated audited reserve estimate for the San Jose property at December 31, 2010, is as follows:
----------------------------------------------------------------------------
Tonnes Ag Au AgEq AgEq
Reserve Category (000's) g/t g/t g/t M oz
----------------------------------------------------------------------------
Proven 713 511 7.26 947 21.71
----------------------------------------------------------------------------
Probable 756 394 5.45 721 17.52
----------------------------------------------------------------------------
Proven & Probable 1,469 451 6.33 831 39.23
----------------------------------------------------------------------------
1) AuEq is calculated as 1oz Au = 60 oz Ag.
2) Reserves were defined at a cut-off of $68.43/tonne.
3) Internal Dilution = 7%, Mining and Geotechnical Dilution = 22% and Mine
Extraction = 68%.
4) Mineral reserves were estimated using the CIM, CIM Standards on Mineral
Resources and Reserves, Definitions and Guidelines prepared by the CIM
Standing Committee on Reserve Definitions and meet the requirements of
JORC.
-- Los Azules Exploration: The Company announced on June 21, 2010, an
increase in the mineral resource at the Los Azules Project. A total of
137 million tonnes, grading 0.55 percent copper, of the previous
inferred mineral resources were upgraded to the indicated category and
an additional 116 million tonnes of inferred mineral resources were
added, bringing the total of inferred mineral resources to 900 million
tonnes. Based on this resource update, the Company announced on December
16, 2010 the results of an updated preliminary assessment ("PA"), which
showed that the net present value ("NPV") of the project increased from
$0.5 billion to $2.9 billion and the internal rate of return ("IRR")
increased from 10.8% to 21.4%. The Company announced on March 17, 2011,
its intention to spin-out the Los Azules Copper Project into a new
publicly traded company, subject to a number of approvals.
About Minera Andes
Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. Exploration and infill drilling is currently underway at the Los Azules project The Company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company.
About Minera Santa Cruz
Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Company. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc
Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
This news release has been submitted by Perry Ing, Chief Financial Officer of the Company. For further information, please contact Perry Ing or visit our Web site: www.minandes.com.
Reliability of Information:
MSC, the owner and operator of the San Jose mine, is responsible for and has supplied to the Company all reported results and operational updates from the San Jose mine. This press release is based entirely on information provided to Minera Andes by MSC. Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Company is not the operator of the San Jose mine, there can be no assurance that production information reported to the Company by MSC is accurate, the Company has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information
Cautionary Note to U.S. Investors:
All resource estimates reported by the Corporation are calculated in accordance with 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.
Technical and Project Information
Technical information about the Los Azules Project in this news release was derived from the report entitled "Canadian National Instrument 43-101 Technical Report Updated Preliminary Assessment, Los Azules Project, San Juan Province, Argentina" with an effective date of December 1, 2010 (released December 16, 2010) prepared by Kathleen Altman, Ph.D., PE,, Robert Sim, P.Geo,. Bruce Davis, PhD, FAusIMM, Richard Jemielita, Ph.D., MIMMM, William Rose, PE, and Scott Elfen, PE (the "Los Azules Report"). Each of the Los Azules Report authors are independent of Minera Andes Inc. and Qualified Persons, each as defined by National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101"). The Los Azules Report is available under the Corporation's profile on SEDAR (www.sedar.com).
----------------------------------------------------------------------------
Contained
Copper
Mineral Resource Tonnes (Billion Gold Silver
Category (millions) Copper % lbs) grams/tonne grams/tonne
----------------------------------------------------------------------------
Indicated 137 0.73 2.2 0.07 1.7
----------------------------------------------------------------------------
Inferred 900 0.52 10.3 0.07 1.7
----------------------------------------------------------------------------
Cut-off grade of 0.35% Cu.
The Los Azules Report is preliminary in nature and includes the use of inferred resources which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Thus, there is no certainty that the results of the preliminary assessment in the Los Azules Report will be realized. Actual results may vary, perhaps materially. The level of accuracy for this preliminary assessment estimates is approximately +/- 35%.
Further information regarding the San Jose Project can be found in the technical report dated December 16, 2010 titled "Technical Report on the San Jose Silver-Gold Mine, Santa Cruz, Argentina" prepared by Eugene J. Puritch (P.Eng); Alfred S. Hayden (P.Eng); James L. Pearson (P.Eng); Fred H. Brown (CPG, PrSciNat); Tracy Armstrong, (P.Geo); David Burga, (P. Geo) and, Kirstine R. Malloch, (MAusIMM) all of P&E Mining Consultants Inc. ("P&E") and each of whom is a "qualified person" and "independent" of the Company, in each case, within the meaning of NI 43-101. Such information is based on assumptions, qualifications and procedures which are not fully described herein. Reference should be made to the full text of the San Jose Technical Report which is available for review under our profile on SEDAR at www.sedar.com. Reserve and resource information contained herein supersede information provided in the San Jose Technical Report. Updated reserve and resource estimates effective December 31, 2010, were undertaken by James L. Pearson P.Eng., Alfred Hayden P.Eng and Fred Brown CPG PrSciNat under the direction of P&E's President, Eugene Puritch P.Eng., each of whom are considered to be Qualified Persons within the meaning of NI 43-101. The updated reserve and resource estimates are disclosed in our Annual Information Form dated March 28, 2011 and filed on SEDAR.
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Contacts:
Minera Andes Inc.
Perry Ing, Chief Financial Officer
Toll-Free: 1-866-441-0690 begin_of_the_skype_highlighting 1-866-441-0690 end_of_the_skype_highlighting
Tel: 647-258-0395 begin_of_the_skype_highlighting 647-258-0395 end_of_the_skype_highlighting
647-258-0408 begin_of_the_skype_highlighting 647-258-0408 end_of_the_skype_highlighting (FAX)
info@minandes.com
www.minandes.com
Minera Andes Inc.
99 George St. 3rd Floor
Toronto, Ontario, Canada. M5A 2N4
Source: Minera Andes Inc.
http://www.minandes.com/News/Press-Release-Details/2011/Mine…
Antwort auf Beitrag Nr.: 41.259.987 von Silverager am 24.03.11 14:02:40Der Wiederaufbau in Japan und die generelle Nachfrage der Schwellen- und Entwicklungsländer, wird wohl ein Preistreiber für Kupfer werden. Habe einen interessanten Artikel seitens des Investor Verlags von 29.03.11:
---
Der Kupferpreis steht vor seinem nächsten Aufwärtsschub
von Andreas Lambrou (Gastbeitrag)
Liebe Leserin, lieber Leser,
Die erste Schock-Reaktion der Anleger auf das Japan Beben bestand darin, spekulative Engagements abzubauen. Dies brachte auch den Kupferpreis kurzfristig unter die 10.000 USD pro Tonne-Marke zurück. Kupfer ist ein solider Basisrohstoff, der für die Entwicklung der Emerging Markets eine ähnlich große und wachsende Bedeutung besitzt wie Rohöl. Deshalb wird der Rohstofftrend bei den Basismetallen auch unumstritten vom Kupfer angeführt.
Nach dem Japan Beben braucht die Welt deutlich mehr Kupfer
Sicher ist bereits heute, dass der Wiederaufbau der zerstörten Gebiete in Japan in den nächsten Jahren erhebliche Mengen an Kupfer benötigen wird. Japan ist immerhin der weltweit zweitgrößte Kupferverbraucher. Auch die Anstrengungen, welche nun weltweit unternommen werden dürften, um die Atomkraft langfristig durch erneuerbare Energien - in erheblich kleineren Produktionseinheiten - abzulösen, braucht enorme Investitionen in teilweise total veraltete Stromnetze. Die Modernisierung der angloamerikanischen Stromnetze und der Aufbau neuer in Indien und China wird in den nächsten zwei Jahrzehnten mehr Kupfer benötigen, als die Welt in den letzten 150 Jahren jemals gefördert hat.
Doch niemand weiß wo das Kupfer herkommen soll. Bereits für dieses Jahr rechneten Analysten mit einer Kupferangebotslücke von knapp 500.000 Tonnen. Deshalb stieg der Kupferpreis auch über 10.000 USD pro Tonne. Doch dies dürfte erst der Anfang sein. Nahezu alle Kupferminen - selbst jene aussichtsreichen Minen, welche erst vor 1 oder 2 Jahren neu in Produktion gebracht wurden - leiden unter einem erheblichen Rückgang der Kupferkonzentration. Großartige Weltvorkommen müssen sich mit Kupfergraden von 0,5% begnügen. Eines der größten geplanten Ausbauprojekte - Olympic Dam in Australien - wird voraussichtlich weiter verschoben werden, da man noch nicht so recht prognostizieren kann, ob die von dort stammenden 5.000 Tonnen Uran jährlich auch langfristig einen Abnehmer finden. Bis sich dies herausgestellt hat, werden 1 bis 2 weitere wertvolle Jahre vergehen, in denen der Angebotsengpass nur noch größer werden wird.
Empfehlung
Der Kupferpreis notiert heute auf einem kaufkraftbereinigten Niveau, das mit der Aufbauzeit der Industrie um 1910 herum oder mit der unmittelbaren Nachkriegszeit vergleichbar ist. Doch damals gab es noch weltbekannte Kupferminen, die locker Gehalte von 5% erreichten. Die bekannten Kupfervorkommen wurden bis heute jedoch auf eine Konzentration von lediglich 0,5% hinunter ausgebeutet. Es gibt - mit Ausnahme der Förderung vom Meeresboden, die aber erst in 10 Jahren auf nennenswerte Produktionsgrößen kommen kann - kaum bekannte Vorkommen.
Meine letzte Kupferaktienempfehlung im Rohstoff Investor hatte ich mit einem Gewinn von +67% zum Verkauf empfohlen, nachdem sich erhöhte Produktionskosten und fallende Grade abzeichneten. Deshalb ist es jetzt absolut notwendig, sich noch eine Reihe weiter hinten, bei den jüngeren Unternehmen, auf die Suche nach den aussichtsreichsten Projekten zu machen, die in den kommenden 2 bis 3 Jahren von der bestehenden Kupferlücke profitieren und die Produktion aufnehmen werden.
Herzliche Grüße
Ihr Andreas Lambrou
Andreas Lambrou ist Chefredakteur des Börsendienstes Rohstoff Investor.
---
Der Kupferpreis steht vor seinem nächsten Aufwärtsschub
von Andreas Lambrou (Gastbeitrag)
Liebe Leserin, lieber Leser,
Die erste Schock-Reaktion der Anleger auf das Japan Beben bestand darin, spekulative Engagements abzubauen. Dies brachte auch den Kupferpreis kurzfristig unter die 10.000 USD pro Tonne-Marke zurück. Kupfer ist ein solider Basisrohstoff, der für die Entwicklung der Emerging Markets eine ähnlich große und wachsende Bedeutung besitzt wie Rohöl. Deshalb wird der Rohstofftrend bei den Basismetallen auch unumstritten vom Kupfer angeführt.
Nach dem Japan Beben braucht die Welt deutlich mehr Kupfer
Sicher ist bereits heute, dass der Wiederaufbau der zerstörten Gebiete in Japan in den nächsten Jahren erhebliche Mengen an Kupfer benötigen wird. Japan ist immerhin der weltweit zweitgrößte Kupferverbraucher. Auch die Anstrengungen, welche nun weltweit unternommen werden dürften, um die Atomkraft langfristig durch erneuerbare Energien - in erheblich kleineren Produktionseinheiten - abzulösen, braucht enorme Investitionen in teilweise total veraltete Stromnetze. Die Modernisierung der angloamerikanischen Stromnetze und der Aufbau neuer in Indien und China wird in den nächsten zwei Jahrzehnten mehr Kupfer benötigen, als die Welt in den letzten 150 Jahren jemals gefördert hat.
Doch niemand weiß wo das Kupfer herkommen soll. Bereits für dieses Jahr rechneten Analysten mit einer Kupferangebotslücke von knapp 500.000 Tonnen. Deshalb stieg der Kupferpreis auch über 10.000 USD pro Tonne. Doch dies dürfte erst der Anfang sein. Nahezu alle Kupferminen - selbst jene aussichtsreichen Minen, welche erst vor 1 oder 2 Jahren neu in Produktion gebracht wurden - leiden unter einem erheblichen Rückgang der Kupferkonzentration. Großartige Weltvorkommen müssen sich mit Kupfergraden von 0,5% begnügen. Eines der größten geplanten Ausbauprojekte - Olympic Dam in Australien - wird voraussichtlich weiter verschoben werden, da man noch nicht so recht prognostizieren kann, ob die von dort stammenden 5.000 Tonnen Uran jährlich auch langfristig einen Abnehmer finden. Bis sich dies herausgestellt hat, werden 1 bis 2 weitere wertvolle Jahre vergehen, in denen der Angebotsengpass nur noch größer werden wird.
Empfehlung
Der Kupferpreis notiert heute auf einem kaufkraftbereinigten Niveau, das mit der Aufbauzeit der Industrie um 1910 herum oder mit der unmittelbaren Nachkriegszeit vergleichbar ist. Doch damals gab es noch weltbekannte Kupferminen, die locker Gehalte von 5% erreichten. Die bekannten Kupfervorkommen wurden bis heute jedoch auf eine Konzentration von lediglich 0,5% hinunter ausgebeutet. Es gibt - mit Ausnahme der Förderung vom Meeresboden, die aber erst in 10 Jahren auf nennenswerte Produktionsgrößen kommen kann - kaum bekannte Vorkommen.
Meine letzte Kupferaktienempfehlung im Rohstoff Investor hatte ich mit einem Gewinn von +67% zum Verkauf empfohlen, nachdem sich erhöhte Produktionskosten und fallende Grade abzeichneten. Deshalb ist es jetzt absolut notwendig, sich noch eine Reihe weiter hinten, bei den jüngeren Unternehmen, auf die Suche nach den aussichtsreichsten Projekten zu machen, die in den kommenden 2 bis 3 Jahren von der bestehenden Kupferlücke profitieren und die Produktion aufnehmen werden.
Herzliche Grüße
Ihr Andreas Lambrou
Andreas Lambrou ist Chefredakteur des Börsendienstes Rohstoff Investor.
Gold markiert heute ein neues A L L Z E I T H O CH
Aber von Euphorie keine Spur... fast schon Schade... mutet beinahe an wie ein Gewöhnungseffekt. Sieht sehr danach aus, dass Gold weiter steigen wird.
MAI heute ebenfalls auf Allzeithoch. Silber knackt höchswahrscheinlich auch bald die 40 USD. Wer hätte das vor einem Jahr noch gedacht?
Grüße
Aber von Euphorie keine Spur... fast schon Schade... mutet beinahe an wie ein Gewöhnungseffekt. Sieht sehr danach aus, dass Gold weiter steigen wird.
MAI heute ebenfalls auf Allzeithoch. Silber knackt höchswahrscheinlich auch bald die 40 USD. Wer hätte das vor einem Jahr noch gedacht?
Grüße
Antwort auf Beitrag Nr.: 41.368.188 von Silverager am 14.04.11 15:39:30Mit so nem Hype bei Ag hätt ich im Traum nich gerechnet. Silber steigt täglich einen Dollar und Gold knackt die 1.500 USD/Oz. Alles geht quasi seinen gewohnten Gang.
Grüße
PS: Hier noch die Q1-Results von Minera:
Minera Andes Announces First Quarter 2011 San Jose Mine Production
Apr. 20, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces production results from its 49% owned San José mine in Santa Cruz Province, Argentina. Overall production at the San José mine during the first quarter of 2011 was 1,522,207 ounces of silver and 21,412 ounces of gold, of which 49% is attributable to Minera Andes. Production cost information will be provided in conjunction with our first quarter 2011 financial results expected to be released mid-May.
Compared to the first quarter of 2010, first quarter 2011 silver production increased 85% and gold production increased 30%. Mill throughput increased 18% over that period due to higher daily production rates as a result of an increase in the number of high grade stoping areas available for mining, including the high grade Kospi vein. This improved access resulted in a higher average silver head grade mined, consistent with reserve grades, compared to the first quarter 2010. Higher recovery rates also contributed to the increased production.
Compared to the fourth quarter of 2010, first quarter 2011 silver production was 19% lower and gold production was 18% lower. The decrease in silver and gold production was primarily the result of lower mine production with tonnage down by 16% and slightly lower head grades for both silver and gold, partially offset by higher recovery rates. Tonnage in the first quarter of 2011 was lower than the fourth quarter of 2010 primarily as production was impacted by the seasonal effect of fewer production days in the first quarter relative to the fourth quarter of the year.
The difference in the amount of metal sold in the quarter compared to the amount produced was due to timing differences.
Rest: http://tmx.quotemedia.com/article.php?newsid=40503312&qm_sym…
Grüße
PS: Hier noch die Q1-Results von Minera:
Minera Andes Announces First Quarter 2011 San Jose Mine Production
Apr. 20, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces production results from its 49% owned San José mine in Santa Cruz Province, Argentina. Overall production at the San José mine during the first quarter of 2011 was 1,522,207 ounces of silver and 21,412 ounces of gold, of which 49% is attributable to Minera Andes. Production cost information will be provided in conjunction with our first quarter 2011 financial results expected to be released mid-May.
Compared to the first quarter of 2010, first quarter 2011 silver production increased 85% and gold production increased 30%. Mill throughput increased 18% over that period due to higher daily production rates as a result of an increase in the number of high grade stoping areas available for mining, including the high grade Kospi vein. This improved access resulted in a higher average silver head grade mined, consistent with reserve grades, compared to the first quarter 2010. Higher recovery rates also contributed to the increased production.
Compared to the fourth quarter of 2010, first quarter 2011 silver production was 19% lower and gold production was 18% lower. The decrease in silver and gold production was primarily the result of lower mine production with tonnage down by 16% and slightly lower head grades for both silver and gold, partially offset by higher recovery rates. Tonnage in the first quarter of 2011 was lower than the fourth quarter of 2010 primarily as production was impacted by the seasonal effect of fewer production days in the first quarter relative to the fourth quarter of the year.
The difference in the amount of metal sold in the quarter compared to the amount produced was due to timing differences.
Rest: http://tmx.quotemedia.com/article.php?newsid=40503312&qm_sym…
Minera Andes Announces Work Stoppage at the San Jose Mine
Apr. 21, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces that it has been advised by Minera Santa Cruz SA ("MSC"), the operator of the San José Mine, that production at the mine has been suspended due to an illegal work stoppage initiated by the local union. The San José Mine is operated by MSC, which is owned 51% by Hochschild Mining plc and 49% by Minera Andes.
The Company will keep the market informed of developments as they occur.
This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. Exploration and infill drilling is currently underway at the Los Azules project. The Company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company. The Company announced on March 17, 2011, its intention to spin-out the Los Azules Copper Project into a new publicly traded company, subject to a number of approvals.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San José property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Reliability of Information: Minera Santa Cruz S.A., the owner of the San José mine, is responsible for and has supplied to the Company all reported results from the San José mine. This press release is based entirely on information provided to Minera Andes by Minera Santa Cruz S.A. (MSC). Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Company is not the operator of the San José mine, there can be no assurance that production information reported to the Company by MSC is accurate, the Company has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information.
Caution Concerning Forward-Looking Statements: This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
https://rs353tl2.rapidshare.com/#!download|353l34|99352821|d…
Apr. 21, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces that it has been advised by Minera Santa Cruz SA ("MSC"), the operator of the San José Mine, that production at the mine has been suspended due to an illegal work stoppage initiated by the local union. The San José Mine is operated by MSC, which is owned 51% by Hochschild Mining plc and 49% by Minera Andes.
The Company will keep the market informed of developments as they occur.
This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. Exploration and infill drilling is currently underway at the Los Azules project. The Company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company. The Company announced on March 17, 2011, its intention to spin-out the Los Azules Copper Project into a new publicly traded company, subject to a number of approvals.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San José property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Reliability of Information: Minera Santa Cruz S.A., the owner of the San José mine, is responsible for and has supplied to the Company all reported results from the San José mine. This press release is based entirely on information provided to Minera Andes by Minera Santa Cruz S.A. (MSC). Minera Andes' joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release. As the Company is not the operator of the San José mine, there can be no assurance that production information reported to the Company by MSC is accurate, the Company has not independently verified such information and readers are therefore cautioned regarding the extent to which they should rely upon such information.
Caution Concerning Forward-Looking Statements: This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
https://rs353tl2.rapidshare.com/#!download|353l34|99352821|d…
Antwort auf Beitrag Nr.: 41.405.622 von KaOzz am 22.04.11 23:11:37Was die von der Gewerkschaft wollen, ist wohl offensichtlich. War ja zu erwarten, dass die Arbeiter bei steigenden Lebenserhaltungskosten und riesigen Gewinnen der Minenbetreiber ein Stück vom Kuchen abhaben wollen... Mal schauen, wann was konkretes dazu veröffentlich wird.
tja, gestern dann die reaktion an der börse auf die meldung !!!
ob sich bald wieder gute nachkaufkurse ergeben ???
meinungen ??? .... so hoch werden die lohnabschlüsse schon nicht werden, dass der gewinn einbricht, da ist m.E. der goldpreis wichtiger !
lege mal ein limit von 1,80 EUR rein um etwas zu verbilligen --- ich glaube einfach an die firma !
ob sich bald wieder gute nachkaufkurse ergeben ???
meinungen ??? .... so hoch werden die lohnabschlüsse schon nicht werden, dass der gewinn einbricht, da ist m.E. der goldpreis wichtiger !
lege mal ein limit von 1,80 EUR rein um etwas zu verbilligen --- ich glaube einfach an die firma !
Antwort auf Beitrag Nr.: 41.410.706 von graue eminenz am 26.04.11 11:23:29Ich habe auch mit einem schlimmerem Verfall gerechnet, v. a. da die Meldung nachbörslich kam. Es muss natürlich möglichst schnell eine langfristige Einigung gefunden werden, sonst streiken die bald wieder. Die Lebenserhaltungskosten steigen und der Reichtum geht auch an den Arbeitern mehr oder weniger vorbei.
Probleme (durch den Streik) wurden imho nicht im Kurs anzizipiert. Das brodelte sicher nicht erst seit Donnerstag bei den Arbeitern. Von daher gehe ich nicht von großen Schwierigkeiten aus.
Gold ist von einem kurzfristigen Preisverfall nicht so akut gefährdet wie Silber
Sozialistische Tendenzen sind eventuell auch ein zunehmendes Risiko in Südamerika...
Probleme (durch den Streik) wurden imho nicht im Kurs anzizipiert. Das brodelte sicher nicht erst seit Donnerstag bei den Arbeitern. Von daher gehe ich nicht von großen Schwierigkeiten aus.
Gold ist von einem kurzfristigen Preisverfall nicht so akut gefährdet wie Silber
Sozialistische Tendenzen sind eventuell auch ein zunehmendes Risiko in Südamerika...
Mal ehrlich?
Ich finde, bei den Gold- und Silberpreisen gehört sich eine Lohnanhebung für die, die das Gold und Silber -teilweise unter Lebensgefahr- für uns aus der Erde buddeln. Es ist nur nicht schön, dass die Jungs dafür überhaupt streiken müssen.
Ich finde, bei den Gold- und Silberpreisen gehört sich eine Lohnanhebung für die, die das Gold und Silber -teilweise unter Lebensgefahr- für uns aus der Erde buddeln. Es ist nur nicht schön, dass die Jungs dafür überhaupt streiken müssen.
Antwort auf Beitrag Nr.: 41.410.945 von Silverager am 26.04.11 12:16:17Sehe ich ähnlich.
Aber was wäre denn eine angemessenen Lohnsteigerung?
Ich bin wirklich positiv überrascht, dass der Kurs nicht abschmiert nach dieser Nachricht.
Grüße und noch ein schönes Wochenende
Aber was wäre denn eine angemessenen Lohnsteigerung?
Ich bin wirklich positiv überrascht, dass der Kurs nicht abschmiert nach dieser Nachricht.
Grüße und noch ein schönes Wochenende
Minera Andes to restart San Jose production today
2011-05-04 09:33 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Nils Engelstad reports
MINERA ANDES ANNOUNCES WORK RESUMPTION AT SAN JOSE MINE
Minera Andes Inc. has been advised by Minera Santa Cruz SA that production is scheduled to resume today at the San Jose mine in Argentina. The union and its workers have agreed to return to work as details regarding individual promotions and job classifications are finalized. The San Jose mine is operated by MSC, which is owned 51 per cent by Hochschild Mining PLC and 49 per cent by Minera Andes.
2011-05-04 09:33 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Nils Engelstad reports
MINERA ANDES ANNOUNCES WORK RESUMPTION AT SAN JOSE MINE
Minera Andes Inc. has been advised by Minera Santa Cruz SA that production is scheduled to resume today at the San Jose mine in Argentina. The union and its workers have agreed to return to work as details regarding individual promotions and job classifications are finalized. The San Jose mine is operated by MSC, which is owned 51 per cent by Hochschild Mining PLC and 49 per cent by Minera Andes.
Antwort auf Beitrag Nr.: 41.455.253 von Silverager am 05.05.11 07:19:48Mich auch
Wäre aber mal interessant zu wissen, wie sie sich geeinigt haben...
---
Interview mit Doug Casey:
11.05.2011 um 7:42 Uhr
Interview mit Doug Casey: Edelmetalle vs. US-Dollar
Ein Ergebnis der quantitativen Lockerungen und der Geldflutung des Aktienmarktes
sind weitere Verzerrungen, Chaos und Unberechenbarkeit - Bedingungen also, unter denen
sich Value-Investing schwierig gestaltet, wenn nicht sogar unmöglich wird, so Doug
Casey, Chairman von Casey Research. Unmittelbar vor dem ausverkauften Casey Research
Summit in Boca Raton (Florida) spricht Doug Casey wieder mit dem Gold Report. In diesem
Exklusivinterview warnt er: "Ob man will oder nicht, man wird zum Spekulanten werden
müssen."
weiterlesen
Wäre aber mal interessant zu wissen, wie sie sich geeinigt haben...
---
Interview mit Doug Casey:
11.05.2011 um 7:42 Uhr
Interview mit Doug Casey: Edelmetalle vs. US-Dollar
Ein Ergebnis der quantitativen Lockerungen und der Geldflutung des Aktienmarktes
sind weitere Verzerrungen, Chaos und Unberechenbarkeit - Bedingungen also, unter denen
sich Value-Investing schwierig gestaltet, wenn nicht sogar unmöglich wird, so Doug
Casey, Chairman von Casey Research. Unmittelbar vor dem ausverkauften Casey Research
Summit in Boca Raton (Florida) spricht Doug Casey wieder mit dem Gold Report. In diesem
Exklusivinterview warnt er: "Ob man will oder nicht, man wird zum Spekulanten werden
müssen."
weiterlesen
Minera Andes Defers Spin-Out of Los Azules Copper Project
05/19/2011
TORONTO, ONTARIO -- (MARKET WIRE) -- 05/19/11 -- Minera Andes Inc. (TSX: MAI)(OTCBB: MNEAF) announced today that the proposed spin-out of its copper assets, including the Los Azules project, has been deferred. Weaker financial markets, financing uncertainties, and a delayed legal decision (as described in our May 17, 2011 news release) all contributed to this decision by Minera Andes' board of directors.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: (i) a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; (ii) 100% ownership of the Los Azules copper deposit; and, (iii) 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. The company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company.
This news release has been submitted by Robert R. McEwen, President and CEO of Minera Andes Inc.
Caution Concerning Forward-Looking Statements: This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, Minera Andes' plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation which if resolved adversely to Minera Andes could materially impact the Minera Andes' value and interest in and ability to develop the Los Azules project, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. Minera Andes undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See Minera Andes' Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Contacts:
Minera Andes Inc.
Robert R. McEwen
President and CEO
Toll-Free: 1-866-441-0690 or Tel: 647-258-0395
647-258-0408 (FAX)
info@minandes.com
Source: Minera Andes Inc.
http://www.minandes.com/News/Press-Release-Details/2011/Mine…
05/19/2011
TORONTO, ONTARIO -- (MARKET WIRE) -- 05/19/11 -- Minera Andes Inc. (TSX: MAI)(OTCBB: MNEAF) announced today that the proposed spin-out of its copper assets, including the Los Azules project, has been deferred. Weaker financial markets, financing uncertainties, and a delayed legal decision (as described in our May 17, 2011 news release) all contributed to this decision by Minera Andes' board of directors.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: (i) a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; (ii) 100% ownership of the Los Azules copper deposit; and, (iii) 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. The company had $31 million USD in cash as at February 7, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company.
This news release has been submitted by Robert R. McEwen, President and CEO of Minera Andes Inc.
Caution Concerning Forward-Looking Statements: This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, Minera Andes' plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation which if resolved adversely to Minera Andes could materially impact the Minera Andes' value and interest in and ability to develop the Los Azules project, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. Minera Andes undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See Minera Andes' Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
Contacts:
Minera Andes Inc.
Robert R. McEwen
President and CEO
Toll-Free: 1-866-441-0690 or Tel: 647-258-0395
647-258-0408 (FAX)
info@minandes.com
Source: Minera Andes Inc.
http://www.minandes.com/News/Press-Release-Details/2011/Mine…
Antwort auf Beitrag Nr.: 41.531.842 von AcrossAsia am 20.05.11 12:26:50Zum jetzigen Zeitpunkt eine vernünftige Maßnahme.
Antwort auf Beitrag Nr.: 41.536.100 von Silverager am 21.05.11 10:47:55Seh ich auch so!
---
Es gibt ein paar weniger bemerkenswerte Results:
Minera Andes Announces Exploration Drilling Results at the San Jose Mine
Jun. 10, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the results of exploration drilling at its 49% owned San José mine in Santa Cruz Province, Argentina during the first quarter of 2011. A total of 24 diamond core holes totaling 5,411 meters were drilled during the quarter. The drilling consisted of infill and of step-out drilling on known veins in and around the mine area. Five of the infill holes contained high-grade intercepts. Details of the drilling, which include several high-grade holes, is provided in Exhibit 1. The location of the principal veins is shown in Exhibit 2. Further drilling will be required to estimate the resources intercepted by the drilling.
The vein system at San José continues to be open at depth and laterally. As a result of the discovery of the east-west trending Micaela-Sofia vein system last year, previous drill results are being reinterpreted to define new drilling targets in and near the mine area in conjunction with new surface magnetic data and existing induced polarization geophysics data.
During the first half of 2011, 800 line-kilometers of surface magnetic coverage is being run over the area southeast of the mine area. This will be followed up with an additional 2,200 line-kilometers of surface magnetic coverage in the southeast portion of the joint venture property during the second half of the year. The geophysical data will be used to define new drilling targets outside of the main mine area for drilling during the second half of the year.
[...]
Tabelle der Drills unter folgendem Link:
http://tmx.quotemedia.com/article.php?newsid=42090476&qm_sym…
---
Es gibt ein paar weniger bemerkenswerte Results:
Minera Andes Announces Exploration Drilling Results at the San Jose Mine
Jun. 10, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces the results of exploration drilling at its 49% owned San José mine in Santa Cruz Province, Argentina during the first quarter of 2011. A total of 24 diamond core holes totaling 5,411 meters were drilled during the quarter. The drilling consisted of infill and of step-out drilling on known veins in and around the mine area. Five of the infill holes contained high-grade intercepts. Details of the drilling, which include several high-grade holes, is provided in Exhibit 1. The location of the principal veins is shown in Exhibit 2. Further drilling will be required to estimate the resources intercepted by the drilling.
The vein system at San José continues to be open at depth and laterally. As a result of the discovery of the east-west trending Micaela-Sofia vein system last year, previous drill results are being reinterpreted to define new drilling targets in and near the mine area in conjunction with new surface magnetic data and existing induced polarization geophysics data.
During the first half of 2011, 800 line-kilometers of surface magnetic coverage is being run over the area southeast of the mine area. This will be followed up with an additional 2,200 line-kilometers of surface magnetic coverage in the southeast portion of the joint venture property during the second half of the year. The geophysical data will be used to define new drilling targets outside of the main mine area for drilling during the second half of the year.
[...]
Tabelle der Drills unter folgendem Link:
http://tmx.quotemedia.com/article.php?newsid=42090476&qm_sym…
Schwache Leistung heute!
-10% heute bei den Can's!
Da wird die Unterstützung bei 2 CAD getestet. Das hätt ich nich mehr erwartet, wenn's drauf ankommt bildet sich eventuell ein Abwärtstrend!
-10% heute bei den Can's!
Da wird die Unterstützung bei 2 CAD getestet. Das hätt ich nich mehr erwartet, wenn's drauf ankommt bildet sich eventuell ein Abwärtstrend!
Antwort auf Beitrag Nr.: 41.641.684 von KaOzz am 13.06.11 23:34:05selbst der heute vorgeschlagene MERGER bringt die aktie nicht richtig in schwung ... macht ja gerade mal die vortagesverluste wett 
... macht ja gerade mal die vortagesverluste wett 
Antwort auf Beitrag Nr.: 41.644.924 von graue eminenz am 14.06.11 16:23:22mmh...
die Nachricht habe ich schon wieder nicht in meine Mailbox erhalten... nervt. Danke für den Hinweis!
Zumindest ist sie nicht unter die 2 CAD gelaufen und tingelt jetzt erstmal wieder knapp unter der 200-Tagelinie entlang...
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McEwen Proposes Merger Of US Gold, Minera Andes
14 June 2011, 09:04 a.m.
(Kitco News) - Rob McEwen, chairman, chief executive officer and the largest shareholder of US Gold Corp. and Minera Andes Inc., is proposing to combine the companies to create a high-growth, low-cost mid-tier silver producer focused in the Americas, the two companies announced Tuesday.
McEwen’s investment in the combined company, based on market closes on Monday, would be approximately $345 million, the companies said in a news release. If the transaction is completed, the new entity would be named McEwen Mining Inc.
"The combined company would be low-cost and possess a significant pipeline of production growth in addition to owning an exciting portfolio of exploration properties,” McEwen said. “Importantly, this combination would move us one step closer to our goal of qualifying for inclusion in the S&P 500 Index by 2015."
Highlights of the combined company would include projected production of 7.5 million ounces of silver by 2014, up from a projected 2.5 million this year. The estimated cash cost would be a negative 40 cents per silver ounce, after gold by-products, with costs expected to decline further as new production begins.
The company would have a strong balance sheet with $122 million in cash, including silver and gold bullion, and no bank debt, the US Gold and Minera said. There would be a market capitalization of approximately $1.4 billion, and the combined company’s shares would be traded on the New York Stock Exchange and Toronto Stock Exchange.
McEwen’s proposal calls for Minera Andes shareholders to receive a 0.4 US Gold common share for each Minera Andes share currently held. This ratio is within an average trading range established during the past six months and presents a slight premium over the previous day's closing price on June 13. The total number of shares outstanding in the combined company would be approximately 252.7 million.
Completion of the merger is conditional on approval of US Gold's and Minera Andes’ boards of directors and special committees, as well as shareholders and “customary approvals,” such as regulatory, stock exchange and court approvals. The boards of both US Gold and Minera Andes have formed special committees of independent directors to consider the proposed transaction. If approved, the merger is expected to become effective around late October, the companies said.
die Nachricht habe ich schon wieder nicht in meine Mailbox erhalten... nervt. Danke für den Hinweis!
Zumindest ist sie nicht unter die 2 CAD gelaufen und tingelt jetzt erstmal wieder knapp unter der 200-Tagelinie entlang...
---
McEwen Proposes Merger Of US Gold, Minera Andes
14 June 2011, 09:04 a.m.
(Kitco News) - Rob McEwen, chairman, chief executive officer and the largest shareholder of US Gold Corp. and Minera Andes Inc., is proposing to combine the companies to create a high-growth, low-cost mid-tier silver producer focused in the Americas, the two companies announced Tuesday.
McEwen’s investment in the combined company, based on market closes on Monday, would be approximately $345 million, the companies said in a news release. If the transaction is completed, the new entity would be named McEwen Mining Inc.
"The combined company would be low-cost and possess a significant pipeline of production growth in addition to owning an exciting portfolio of exploration properties,” McEwen said. “Importantly, this combination would move us one step closer to our goal of qualifying for inclusion in the S&P 500 Index by 2015."
Highlights of the combined company would include projected production of 7.5 million ounces of silver by 2014, up from a projected 2.5 million this year. The estimated cash cost would be a negative 40 cents per silver ounce, after gold by-products, with costs expected to decline further as new production begins.
The company would have a strong balance sheet with $122 million in cash, including silver and gold bullion, and no bank debt, the US Gold and Minera said. There would be a market capitalization of approximately $1.4 billion, and the combined company’s shares would be traded on the New York Stock Exchange and Toronto Stock Exchange.
McEwen’s proposal calls for Minera Andes shareholders to receive a 0.4 US Gold common share for each Minera Andes share currently held. This ratio is within an average trading range established during the past six months and presents a slight premium over the previous day's closing price on June 13. The total number of shares outstanding in the combined company would be approximately 252.7 million.
Completion of the merger is conditional on approval of US Gold's and Minera Andes’ boards of directors and special committees, as well as shareholders and “customary approvals,” such as regulatory, stock exchange and court approvals. The boards of both US Gold and Minera Andes have formed special committees of independent directors to consider the proposed transaction. If approved, the merger is expected to become effective around late October, the companies said.
Als Aktionär von US GOLD finde ich das von Rob vorgeschlagene Kursniveau für MIA sehr freundlich um nicht zu sagen, viel zu hoch.
Wo kommt denn der Kurs der MIA denn her ?
Gerade in dem letzten 3/4 Jahr war er kurzzeitig über diesen angebotenen 2,25 $.
Leider hatte ich mit der Nevada Pacific Gold, damals bei der Übernahme durch UXG nicht soviel Schwein, wie diesmal die MIA - Aktionäre.
Aber was soll's, ändern kann ich leider mit meinen zu wenigen Aktien leider nichts.
Aber ich sammel weiter, vieleicht komme ich ja bald an die Aktienzahl von Rob heran ?
Wo kommt denn der Kurs der MIA denn her ?
Gerade in dem letzten 3/4 Jahr war er kurzzeitig über diesen angebotenen 2,25 $.
Leider hatte ich mit der Nevada Pacific Gold, damals bei der Übernahme durch UXG nicht soviel Schwein, wie diesmal die MIA - Aktionäre.
Aber was soll's, ändern kann ich leider mit meinen zu wenigen Aktien leider nichts.
Aber ich sammel weiter, vieleicht komme ich ja bald an die Aktienzahl von Rob heran ?
Antwort auf Beitrag Nr.: 41.648.884 von boersentrader02 am 15.06.11 12:17:33Hier sollte eigentlich der Chart der MIA zu sehen gewesen sein, hat leider nicht gejklappt.
Hier stelle ich daher als Ersatz den Link dafür ein:
http://www.minandes.com/Investors/Stock-Info/default.aspx
Hier stelle ich daher als Ersatz den Link dafür ein:
http://www.minandes.com/Investors/Stock-Info/default.aspx
Naja, die Übernahme retter MAI-Shareholder aber bis Oktober vor nem Abwärtstrend, der sich (zugegebenermaßen) gebildet hat. US Gold tendiert allerdings imho auch mittelfristig negativ!
Ich hab von dem Autor des nachfolgenden Textes bisher noch nix gelesen. Ich stell das aber trotzdem mal ungeprüft ein:
U.S Gold und Minera Andes sollen fusionieren
von Björn Junker
15. Juni 2011 15:43
S&P 500 als Fernziel
Die Fusionswelle in der Rohstoffbranche geht weiter. Auf den Zug aufspringen wollen aufgrund der Initiative eines Großaktionärs U.S. Gold und Minera Andes.
Rob McEwen ist die treibende Kraft hinter U.S Gold (WKN: 871371) und Minera Andes (WKN: 900181). Der Unternehmer, der schon Goldcorp (WKN: 890493) zu einem Megakonzern geformt hat, hält 31 Prozent an Minera und 20 Prozent an U.S. Gold. Beide Unternehmen sollen bald zusammengehen. Das neue Unternehmen soll den Namen des Großaktionärs tragen, McEwen Mining Inc. soll künftig auf den Anzeigetafeln der Börsen zu lesen sein. Bis es so weit ist, müssen die zuständigen Gremien noch zustimmen. Im Oktober soll der Deal abgeschlossen sein.
Geplant ist, dass es für jede Aktie von Minera 0,4 Aktien von U.S. Gold geben soll. Nach dem Zusammengehen hätte die neue Gesellschaft eine Marktkapitalisierung von rund 1,4 Milliarden Dollar. Damit würde man einem Ziel von McEwen näher rücken. Er will sein Unternehmen, an dem er nach der Fusion 25 Prozent halten wird, bis 2015 in den S&P 500 bringen.
Bis dahin ist es jedoch noch ein weiter Weg. Sowohl U.S. Gold als auch Minera müssen erst einmal den Schritt zum großen Förderer schaffen. U.S. Gold ist vor allem in den USA und Mexiko aktiv. In Mexiko wird auf El Gallo nach Silber und Gold gesucht. Geplant ist eine jährliche Produktion von 5 Millionen Unzen Silber und 50.000 Unzen Gold. Der Produktionsstart soll 2014 erfolgen.
Die Hauptaktivitäten von Minera finden in Argentinien statt. Dort hält das Unternehmen 49 Prozent an dem Projekt von San Jose. Die Mine hat 2010 rund 5,3 Millionen Unzen Silber und 84.000 Unzen Gold gefördert.
Analysten sind sich nicht ganz sicher, ob das Zusammengehen der beiden Unternehmen wirklich sinnvoll ist. Allerdings würde die neue Gesellschaft leichter an Kredite kommen können. Aus logistischer Sicht würde der Plan für Analysten auch Sinn machen, Synergieeffekte könnten genutzt werden. Kanadische Analysten glauben jedoch, dass die Vorteile für die Aktionäre von U.S. Gold größer sein könnten, da hier der Produktionsstart in Mexiko noch ansteht.
Rob McEwen ist dagegen von seinem Plan vollkommen überzeugt. Er will den Wert der beiden Gesellschaften durch den Zusammenschluss erhöhen. Der Manager strotzt derzeit vor Optimismus, der Edelmetallbranche bescheinigt er eine phantastische Zukunft. Dies lässt sich an einem Detail festmachen. McEwen glaubt, dass Gold in einigen Jahren 5.000 Dollar je Unzen kosten wird. Den kommenden Silberpreis sieht er bei 200 Dollar je Unze. Bei solchen Aussichten bekommt nicht nur der Großaktionär strahlende Augen.
http://www.be24.at/blog/entry/660783/u-s-gold-und-minera-and…
U.S Gold und Minera Andes sollen fusionieren
von Björn Junker
15. Juni 2011 15:43
S&P 500 als Fernziel
Die Fusionswelle in der Rohstoffbranche geht weiter. Auf den Zug aufspringen wollen aufgrund der Initiative eines Großaktionärs U.S. Gold und Minera Andes.
Rob McEwen ist die treibende Kraft hinter U.S Gold (WKN: 871371) und Minera Andes (WKN: 900181). Der Unternehmer, der schon Goldcorp (WKN: 890493) zu einem Megakonzern geformt hat, hält 31 Prozent an Minera und 20 Prozent an U.S. Gold. Beide Unternehmen sollen bald zusammengehen. Das neue Unternehmen soll den Namen des Großaktionärs tragen, McEwen Mining Inc. soll künftig auf den Anzeigetafeln der Börsen zu lesen sein. Bis es so weit ist, müssen die zuständigen Gremien noch zustimmen. Im Oktober soll der Deal abgeschlossen sein.
Geplant ist, dass es für jede Aktie von Minera 0,4 Aktien von U.S. Gold geben soll. Nach dem Zusammengehen hätte die neue Gesellschaft eine Marktkapitalisierung von rund 1,4 Milliarden Dollar. Damit würde man einem Ziel von McEwen näher rücken. Er will sein Unternehmen, an dem er nach der Fusion 25 Prozent halten wird, bis 2015 in den S&P 500 bringen.
Bis dahin ist es jedoch noch ein weiter Weg. Sowohl U.S. Gold als auch Minera müssen erst einmal den Schritt zum großen Förderer schaffen. U.S. Gold ist vor allem in den USA und Mexiko aktiv. In Mexiko wird auf El Gallo nach Silber und Gold gesucht. Geplant ist eine jährliche Produktion von 5 Millionen Unzen Silber und 50.000 Unzen Gold. Der Produktionsstart soll 2014 erfolgen.
Die Hauptaktivitäten von Minera finden in Argentinien statt. Dort hält das Unternehmen 49 Prozent an dem Projekt von San Jose. Die Mine hat 2010 rund 5,3 Millionen Unzen Silber und 84.000 Unzen Gold gefördert.
Analysten sind sich nicht ganz sicher, ob das Zusammengehen der beiden Unternehmen wirklich sinnvoll ist. Allerdings würde die neue Gesellschaft leichter an Kredite kommen können. Aus logistischer Sicht würde der Plan für Analysten auch Sinn machen, Synergieeffekte könnten genutzt werden. Kanadische Analysten glauben jedoch, dass die Vorteile für die Aktionäre von U.S. Gold größer sein könnten, da hier der Produktionsstart in Mexiko noch ansteht.
Rob McEwen ist dagegen von seinem Plan vollkommen überzeugt. Er will den Wert der beiden Gesellschaften durch den Zusammenschluss erhöhen. Der Manager strotzt derzeit vor Optimismus, der Edelmetallbranche bescheinigt er eine phantastische Zukunft. Dies lässt sich an einem Detail festmachen. McEwen glaubt, dass Gold in einigen Jahren 5.000 Dollar je Unzen kosten wird. Den kommenden Silberpreis sieht er bei 200 Dollar je Unze. Bei solchen Aussichten bekommt nicht nur der Großaktionär strahlende Augen.
http://www.be24.at/blog/entry/660783/u-s-gold-und-minera-and…
Heute ging's mit höherem Volumen 6,6 % nach oben. Sehr erfreuliche Reaktion.
Die 200-Tagelinie verläuft bei 2,41 CAD!
Sorry...
falscher Chart. Hier der Richtige:
falscher Chart. Hier der Richtige:
Gut, der Kurs hat tatsächlich die 38-Tagelinie überwunden und knabbert nun am 200er-Schnitt.
Antwort auf Beitrag Nr.: 41.817.220 von KaOzz am 20.07.11 15:57:37Minera Andes Announces Second Quarter 2011 San Jose Mine Production
TORONTO, ONTARIO -- (Marketwire) -- 07/20/11 -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) announces production results from its 49% owned San Jose mine in Santa Cruz Province, Argentina. Overall production at the San Jose mine during the second quarter of 2011 was 1,332,000 ounces of silver and 17,700 ounces of gold, of which 49% is attributable to Minera Andes. Production cost information will be provided in conjunction with our second quarter 2011 financial results expected to be released mid-August.
Compared to the first quarter of 2011, second quarter 2011 silver production was 12% lower and gold production was 17% lower. The decrease in silver and gold production was due to a 14% reduction in mill throughput because of a strike at the mine during the second quarter of 2010, which resulted in the loss of 18 days of production. The principal issue surrounding the strike was wages, and a final agreement has been reached with the local union. In addition, annual wage negotiations with the union have reached a satisfactory conclusion. The wage agreements were in line with expectations.
Compared to the second quarter of 2010, second quarter 2011 mill throughput decreased 15% due to the strike at the mine during the second quarter of 2011. However, the silver head grade and metallurgical recovery increased in the second quarter of 2011 compared to the second quarter of 2010, resulting in a net increase of 9% for silver production. The gold head grade was essentially unchanged, but higher metallurgical recovery for gold partially offset the lower mill throughput, resulting in a net decrease of 10% for gold production compared to the second quarter of 2010. Metallurgical recoveries improved to 89% for gold and 87% for silver in the second quarter of 2011 compared to 85% for gold and 81% for silver in the second quarter of 2010.
The difference in the amount of metal sold in the quarter compared to the amount produced was due to timing differences.
----------------------------------------------------------------------------
Q2 Q1 Q2
SAN JOSE MINE PRODUCTION COMPARISON (100% BASIS) (i) 2011 2011 2010
----------------------------------------------------------------------------
Ore production (tonnes) 98,251 113,696 116,259
----------------------------------------------------------------------------
Average head grade silver (g/t) 463 459 368
----------------------------------------------------------------------------
Average head grade gold (g/t) 5.98 6.08 5.81
----------------------------------------------------------------------------
Silver produced (koz) 1,332 1,522 1,221
----------------------------------------------------------------------------
Gold produced (koz) 17.70 21.41 19.71
----------------------------------------------------------------------------
Silver equivalent produced (koz) 2,394 2,807 2,403
----------------------------------------------------------------------------
Silver sold (koz) 1,585 1,342 1,331
----------------------------------------------------------------------------
Gold sold (koz) 21.69 17.63 22.68
----------------------------------------------------------------------------
(i)Minera Andes holds a 49% attributable interest in the San Jose mine
This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. The Company had $21 million USD in cash as at June 30, 2011 with no bank debt. Robert McEwen, Chairman and CEO, owns 30% of the shares of the company. On June 14, 2011 the Company announced that Mr. McEwen proposed to combine the Company with US Gold Corporation to create a high growth, low-cost, mid-tier silver producer focused on the Americas.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal vein deposits and currently operates four underground vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
http://www.finanznachrichten.de/nachrichten-2011-07/20841518…
TORONTO, ONTARIO -- (Marketwire) -- 07/20/11 -- Minera Andes Inc. (the "Company" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) announces production results from its 49% owned San Jose mine in Santa Cruz Province, Argentina. Overall production at the San Jose mine during the second quarter of 2011 was 1,332,000 ounces of silver and 17,700 ounces of gold, of which 49% is attributable to Minera Andes. Production cost information will be provided in conjunction with our second quarter 2011 financial results expected to be released mid-August.
Compared to the first quarter of 2011, second quarter 2011 silver production was 12% lower and gold production was 17% lower. The decrease in silver and gold production was due to a 14% reduction in mill throughput because of a strike at the mine during the second quarter of 2010, which resulted in the loss of 18 days of production. The principal issue surrounding the strike was wages, and a final agreement has been reached with the local union. In addition, annual wage negotiations with the union have reached a satisfactory conclusion. The wage agreements were in line with expectations.
Compared to the second quarter of 2010, second quarter 2011 mill throughput decreased 15% due to the strike at the mine during the second quarter of 2011. However, the silver head grade and metallurgical recovery increased in the second quarter of 2011 compared to the second quarter of 2010, resulting in a net increase of 9% for silver production. The gold head grade was essentially unchanged, but higher metallurgical recovery for gold partially offset the lower mill throughput, resulting in a net decrease of 10% for gold production compared to the second quarter of 2010. Metallurgical recoveries improved to 89% for gold and 87% for silver in the second quarter of 2011 compared to 85% for gold and 81% for silver in the second quarter of 2010.
The difference in the amount of metal sold in the quarter compared to the amount produced was due to timing differences.
----------------------------------------------------------------------------
Q2 Q1 Q2
SAN JOSE MINE PRODUCTION COMPARISON (100% BASIS) (i) 2011 2011 2010
----------------------------------------------------------------------------
Ore production (tonnes) 98,251 113,696 116,259
----------------------------------------------------------------------------
Average head grade silver (g/t) 463 459 368
----------------------------------------------------------------------------
Average head grade gold (g/t) 5.98 6.08 5.81
----------------------------------------------------------------------------
Silver produced (koz) 1,332 1,522 1,221
----------------------------------------------------------------------------
Gold produced (koz) 17.70 21.41 19.71
----------------------------------------------------------------------------
Silver equivalent produced (koz) 2,394 2,807 2,403
----------------------------------------------------------------------------
Silver sold (koz) 1,585 1,342 1,331
----------------------------------------------------------------------------
Gold sold (koz) 21.69 17.63 22.68
----------------------------------------------------------------------------
(i)Minera Andes holds a 49% attributable interest in the San Jose mine
This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. The Company had $21 million USD in cash as at June 30, 2011 with no bank debt. Robert McEwen, Chairman and CEO, owns 30% of the shares of the company. On June 14, 2011 the Company announced that Mr. McEwen proposed to combine the Company with US Gold Corporation to create a high growth, low-cost, mid-tier silver producer focused on the Americas.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal vein deposits and currently operates four underground vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
http://www.finanznachrichten.de/nachrichten-2011-07/20841518…
Antwort auf Beitrag Nr.: 41.817.246 von KaOzz am 20.07.11 16:01:22Sehr gute Zusammenfassung der MAI-Hauptversammlung!!!
Minera Andes 2011 AGM Update
July 11th, 2011
Quelle: http://goldandsilverlinings.com/?p=1432
I arrived at 1 King about 15 minutes before the AGMAmesame room as was used for the Lexam VG Gold AGM. Got to the bottom of the elevators at the same time as some other shareholders as well as Rob. The doors opened at which point Rob said, “shareholders first”. A couple of us got in followed by Rob, the doors closed and Rob joked that we could likely have the meeting in the elevator.
At the meeting I ended up sitting beside Michael Smedley which I’m sure most would recognize from BNN interviews. In person he’s the same as on TV, an interesting character for sure. Andrew Elinesky, the MAI Treasurer was there as well as a few US Gold people I recognized.
Nils, VP corporate affairs, conducted the formal meeting which was uneventful. Following this the CFO, Perry Ing did a review of the financials, again nothing unusual but he did draw attention to the fact that they have earned about $31million from the silver mine but only received about $11 million to date undue to some details on how loans work in Argentina. Perry noted the cash flow would catch up in the next 6-12 months.
Jim Duff, COO, gave a presentation on the status of Minera Andes’s projects. He highlighted the new silver veins discovered that has extended the mine life by 3-4 years to 12 years. He also noted that they are close enough to current mining to be relatively easy to bring online. He, and later Rob noted that Hothschild have agreed to increase the exploration budget from about $6-7 million which is a step in the right direction but they’d like to see more. Jim noted that as a result of the strike Q2 numbers would likely be down a bit. They lost 16 days in total due to the strike as well as a day or so shutdown due to a fatality at the mine. One has to wonder if the strike was triggered by the death?
Jim followed up with a discussion on the recently announced Los Azules holes. He brought up a side showing a large target area just to the west of the southern half of Los Azules that was labeled ‘Titan’ (slide at 25min into webcast). It would seem to imply this entire area will be a significant focus of Los Azules drilling going forward. Jim followed with a discussion of a target drilled for silver on 100% owned Minera Andes claim directly north of Goldcorp’s Cerro Negro project but implies no successes yet (see slide about 20:30min into the webcast below). I’m glad to see some net new exploration finally starting where Minera Andes has no strings attached like in the other properties. He also noted that the other exploration properties would have drilling in the months ahead.
Rob concluded with his standard presentation on gold in relation to the DOW and spent significant time “selling” the merits of the US Gold / Minera Andes merger. He seemed to be going somewhat out of his way with multiple slides on the merits. One slide in particular shows the increases in gold, silver, McEwen Junior Gold Index, Minera Andes and US gold since the announcement on June 14th (about 47:30min into the webcast). He noted Minera Andes was up the most followed by US Gold. His comment was that that would seem to imply the market likes the deal. My comments are that that is an extremely short timeframe and conveniently gold has had a bit of a rough time in the past few weeks. Grasping at straws if you ask me, but I’ll give him the benefit of the doubt for the time being. There was no firm commitment on a timeframe for a vote which seemed odd, given the indication of October-ish 2011 in past comments. Given his impatient nature I would have expected him to push for October to do a deal. He did indicate there would be a first vote with McEwen not included given he’s an interested party followed by a secondary vote with his say included. More details required.
Rob also noted Peregrine takeover works out to $.04/lb but just after the deal Stillwater dropped 22%, which would work out closer to about $.03/lb after the drop. He was basically warning that premiums can be an illusion (comments at 41 min. in the webcast).
A shareholder brought up the TNR dispute, Nils noted that the date for the court case is 8-12 months out and that TNR has been very good at delaying tactics. Nils noted that they have talked to litigation council and ‘believe ‘ they have a very strong case. He noted the case would take place in BC courts. I hope they’re right, going to court has it’s risks attached.
I stopped for my Minera Andes dividend, an open bar, and talked to a few other shareholders. Many seem to be counting on a resumption of the copper spinout and Rob continuing to be involved. I do think the spin out will happen after the legal TNR dispute is resolved, and that Rob will insure it gets a good start but I don’t expect him to stick with it, he’s a gold and silver guy and that, I believe, is his focus. You never hear Rob commenting on a future copper price target. :-)
2010 AGM webcast. (good till Oct 2011)
Minera Andes 2011 AGM Update
July 11th, 2011
Quelle: http://goldandsilverlinings.com/?p=1432
I arrived at 1 King about 15 minutes before the AGMAmesame room as was used for the Lexam VG Gold AGM. Got to the bottom of the elevators at the same time as some other shareholders as well as Rob. The doors opened at which point Rob said, “shareholders first”. A couple of us got in followed by Rob, the doors closed and Rob joked that we could likely have the meeting in the elevator.
At the meeting I ended up sitting beside Michael Smedley which I’m sure most would recognize from BNN interviews. In person he’s the same as on TV, an interesting character for sure. Andrew Elinesky, the MAI Treasurer was there as well as a few US Gold people I recognized.
Nils, VP corporate affairs, conducted the formal meeting which was uneventful. Following this the CFO, Perry Ing did a review of the financials, again nothing unusual but he did draw attention to the fact that they have earned about $31million from the silver mine but only received about $11 million to date undue to some details on how loans work in Argentina. Perry noted the cash flow would catch up in the next 6-12 months.
Jim Duff, COO, gave a presentation on the status of Minera Andes’s projects. He highlighted the new silver veins discovered that has extended the mine life by 3-4 years to 12 years. He also noted that they are close enough to current mining to be relatively easy to bring online. He, and later Rob noted that Hothschild have agreed to increase the exploration budget from about $6-7 million which is a step in the right direction but they’d like to see more. Jim noted that as a result of the strike Q2 numbers would likely be down a bit. They lost 16 days in total due to the strike as well as a day or so shutdown due to a fatality at the mine. One has to wonder if the strike was triggered by the death?
Jim followed up with a discussion on the recently announced Los Azules holes. He brought up a side showing a large target area just to the west of the southern half of Los Azules that was labeled ‘Titan’ (slide at 25min into webcast). It would seem to imply this entire area will be a significant focus of Los Azules drilling going forward. Jim followed with a discussion of a target drilled for silver on 100% owned Minera Andes claim directly north of Goldcorp’s Cerro Negro project but implies no successes yet (see slide about 20:30min into the webcast below). I’m glad to see some net new exploration finally starting where Minera Andes has no strings attached like in the other properties. He also noted that the other exploration properties would have drilling in the months ahead.
Rob concluded with his standard presentation on gold in relation to the DOW and spent significant time “selling” the merits of the US Gold / Minera Andes merger. He seemed to be going somewhat out of his way with multiple slides on the merits. One slide in particular shows the increases in gold, silver, McEwen Junior Gold Index, Minera Andes and US gold since the announcement on June 14th (about 47:30min into the webcast). He noted Minera Andes was up the most followed by US Gold. His comment was that that would seem to imply the market likes the deal. My comments are that that is an extremely short timeframe and conveniently gold has had a bit of a rough time in the past few weeks. Grasping at straws if you ask me, but I’ll give him the benefit of the doubt for the time being. There was no firm commitment on a timeframe for a vote which seemed odd, given the indication of October-ish 2011 in past comments. Given his impatient nature I would have expected him to push for October to do a deal. He did indicate there would be a first vote with McEwen not included given he’s an interested party followed by a secondary vote with his say included. More details required.
Rob also noted Peregrine takeover works out to $.04/lb but just after the deal Stillwater dropped 22%, which would work out closer to about $.03/lb after the drop. He was basically warning that premiums can be an illusion (comments at 41 min. in the webcast).
A shareholder brought up the TNR dispute, Nils noted that the date for the court case is 8-12 months out and that TNR has been very good at delaying tactics. Nils noted that they have talked to litigation council and ‘believe ‘ they have a very strong case. He noted the case would take place in BC courts. I hope they’re right, going to court has it’s risks attached.
I stopped for my Minera Andes dividend, an open bar, and talked to a few other shareholders. Many seem to be counting on a resumption of the copper spinout and Rob continuing to be involved. I do think the spin out will happen after the legal TNR dispute is resolved, and that Rob will insure it gets a good start but I don’t expect him to stick with it, he’s a gold and silver guy and that, I believe, is his focus. You never hear Rob commenting on a future copper price target. :-)
2010 AGM webcast. (good till Oct 2011)
Der Kurs nimmt erneut Fahr auf, die 200-Tagelinie zu überwinden.
2.58 CAD sieht gut aus
Antwort auf Beitrag Nr.: 41.818.017 von KaOzz am 20.07.11 17:23:26Aktueller Rohstoffmarktbericht von Eugen Weinberg
22.07.2011
Quelle: http://www.goldseiten.de/modules/news/print.php?storyid=1680…
(...)
Industriemetalle
Erneut beschäftigt ein Streik in Chile den Kupfermarkt: In der weltweit größten Kupfermine, Escondida, treten die Arbeiter heute in einen 24-stündigen Ausstand, um ihren Lohnforderungen Nachdruck zu verleihen. Marktbeobachter fürchten, dass sich der Streik auf andere private Minenunternehmen ausweiten könnte, nachdem die Minen der staatlichen Minengesellschaft Codelco erst kürzlich bestreikt wurden. Chile ist mit 34% der weltweiten Minenproduktion der mit Abstand größte Kupferproduzent. Darüber hinaus hatten schlechte Wetterbedingungen im Norden Chiles die Produktion beeinträchtigt.
Außerdem vermeldete BHP Billiton jüngst, dass auch geringe Mineralgehalte die Produktion in Escondida beeinträchtigen, weshalb die Produktion in den zwölf Monaten zum 30. Juni 2011 um 8% gefallen ist und voraussichtlich auch die nächsten zwölf Monate auf dem niedrigen Niveau bleiben dürfte. Das Angebots-Nachfrage-Verhältnis am globalen Kupfermarkt könnte sich daher im weiteren Jahresverlauf deutlich einengen.
Die International Copper Study Group (ICSG) berichtete gestern für die ersten vier Monate des Jahres ein Angebotsdefizit von 69 Tsd. Tonnen, was allerdings im Gegensatz zu dem zuvor vom WBMS gemeldeten Überschuss steht. Wir glauben jedoch, dass beide Informationsdienste die zurzeit wichtigste Unbekannte, nämlich die tatsächliche und nicht "scheinbare" chinesische Nachfrage, unterschätzen. Offensichtlich wurde ein großer Teil der Nachfrage in der ersten Jahreshälfte aus den "verdeckten" Lagerbeständen gespeist. Marktbeobachter gehen von 200-300 Tsd. Tonnen aus, die so in den Markt gestreut wurden. Auch sind die offiziellen Lagerbestände in Shanghai seit März um 65,3 Tsd. Tonnen bzw. 37% gefallen. Wir erachten den Kupferpreis im weiteren Jahresverlauf als gut unterstützt.
(...)
22.07.2011
Quelle: http://www.goldseiten.de/modules/news/print.php?storyid=1680…
(...)
Industriemetalle
Erneut beschäftigt ein Streik in Chile den Kupfermarkt: In der weltweit größten Kupfermine, Escondida, treten die Arbeiter heute in einen 24-stündigen Ausstand, um ihren Lohnforderungen Nachdruck zu verleihen. Marktbeobachter fürchten, dass sich der Streik auf andere private Minenunternehmen ausweiten könnte, nachdem die Minen der staatlichen Minengesellschaft Codelco erst kürzlich bestreikt wurden. Chile ist mit 34% der weltweiten Minenproduktion der mit Abstand größte Kupferproduzent. Darüber hinaus hatten schlechte Wetterbedingungen im Norden Chiles die Produktion beeinträchtigt.
Außerdem vermeldete BHP Billiton jüngst, dass auch geringe Mineralgehalte die Produktion in Escondida beeinträchtigen, weshalb die Produktion in den zwölf Monaten zum 30. Juni 2011 um 8% gefallen ist und voraussichtlich auch die nächsten zwölf Monate auf dem niedrigen Niveau bleiben dürfte. Das Angebots-Nachfrage-Verhältnis am globalen Kupfermarkt könnte sich daher im weiteren Jahresverlauf deutlich einengen.
Die International Copper Study Group (ICSG) berichtete gestern für die ersten vier Monate des Jahres ein Angebotsdefizit von 69 Tsd. Tonnen, was allerdings im Gegensatz zu dem zuvor vom WBMS gemeldeten Überschuss steht. Wir glauben jedoch, dass beide Informationsdienste die zurzeit wichtigste Unbekannte, nämlich die tatsächliche und nicht "scheinbare" chinesische Nachfrage, unterschätzen. Offensichtlich wurde ein großer Teil der Nachfrage in der ersten Jahreshälfte aus den "verdeckten" Lagerbeständen gespeist. Marktbeobachter gehen von 200-300 Tsd. Tonnen aus, die so in den Markt gestreut wurden. Auch sind die offiziellen Lagerbestände in Shanghai seit März um 65,3 Tsd. Tonnen bzw. 37% gefallen. Wir erachten den Kupferpreis im weiteren Jahresverlauf als gut unterstützt.
(...)
Minera Andes Announces Second Quarter 2011 Financial Results 08/11/2011
Die Einnahmen steigen ^
Die Einnahmen steigen ^
Hallo! Ich habe im einem US-Forum gelesen,das eine Fusion mit US Gold eingegengen werden soll.Es sollte eine Abstimmung in den nächsten 45 Tagen erfolgen.Mal schauen was daraus werden wird!. Beide Unternehmen wären Schuldenfrei und hätten ein gutes finanzielles Polster.
Minera Andes Provides Update on Exploration Drilling at the San Jose Mine
08/30/2011
Download this Press Release
TORONTO, ONTARIO--(Marketwire - Aug. 30, 2011) -
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce the results of exploration drilling at its 49% owned San Jose mine in Santa Cruz Province, Argentina. Drilling during the first half of the year was mainly dedicated to infill drilling, whereas drilling during the second half will focus on exploration for new resources. A total drilling program of 50,600 meters is planned for 2011. During the second quarter a total of 58 diamond core holes totaling 14,300 meters were drilled compared to 24 core holes totaling 5,411 meters during the first quarter.
The drilling successfully extended the Dos Lauras vein several hundred meters to the northwest and the known vein strike length is now just over 1,000 meters. In addition, infill drilling was completed with good results on the Micaela, Luli, Susana and Marta veins. Resources defined by the drilling will be reported as part of the year end resource update that will be released near the end of the first quarter of 2012.
A map of the principal veins at the San Jose mine is shown in Exhibit 1, and locations of some of the principal drill holes drilled during the quarter are shown in Exhibit 2. Drilling results received for the drilling are provided in Exhibit 3 and highlights include:
- Susana Vein
Hole SJD-864 - 0.56 m (meters) at 6.93 g/t (grams/tonne) Au and 1,504
g/t Ag
Hole SJD-875 - 0.88 m at 5.28 g/t Au and 441 g/t Ag
- Luli Vein
Hole SJD-869 - 1.05 m at 16.89 g/t Au and 1,642 g/t Ag
Hole SJD-871 - 1.98 m at 19.55 g/t Au and 1,721 g/t Ag
- Luli Cymoid Loop
Hole SJD-869 - 1.19 m at 5.54 g/t Au and 668 g/t Ag
Hole SJD-871 - 0.80 m at 44.48 g/t Au and 7,747 g/t Ag
Hole SJD-879 - 0.79 m at 11.9 g/t Au and 1,263 g/t Ag
- Dos Lauras Vein
Hole SJD-884 - 1.37 m at 43.32 g/t Au and 5,314 g/t Ag
- Micaela Vein
Hole SJD-889 - 1.32 m at 7.71 g/t Au and 825 g/t Ag
Hole SJD-895 - 4.03 m at 21.37 g/t Au and 2,285 g/t Ag
The vein system at San Jose continues to be open at depth and laterally. As a result of the discovery of the east-west trending Micaela-Sofia vein system last year, previous drill results are being reinterpreted to define new drilling targets in and near the mine area in conjunction with new surface magnetic data and existing induced polarization geophysics data.
During the first half of 2011, 3,147 line-kilometers of surface magnetic lines spaced 75 meters apart were run covering 22,000 hectares (54,000 acres) southeast of the mine area. The magnetic data is being analyzed to define drilling targets southwest of the mine, an area that is covered by a layer of post-mineral basalt. The magnetic data will be complemented by 342 line-kilometers of gradient array Induced Polarization ("IP") to be run over the same area during the next four months as well as 25 line-kilometers of pole-dipole array IP.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: One, a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine that is located near Goldcorp's Cerro Negro project; Two, 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; Three, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project. The Company had $22 million USD in cash as at June 30, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 30% of the shares of the company. On June 14, 2011 the Company announced that Mr. McEwen proposed to combine the Company with US Gold Corporation to create a high growth, low-cost, mid-tier silver producer focused on the Americas. This transaction, subject to a number of approvals (including by the shareholders of the Corporation), is expected to close in late 2011.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal vein deposits and currently operates four underground vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Technical Information:
This news release has been reviewed and approved by Jim Duff the Chief Operating Officer of the Corporation, a Qualified Person as defined by Canadian Securities Administrator National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("43-101"). Assay results were reported to Minera Andes by MSC, which is the operating company for the San Jose joint venture. Assay results for the drilling were reviewed by Jim Duff. All samples were collected in accordance with industry standards. Splits from checks of the drill core samples assay at the San Jose Mine laboratory were submitted to Alex Stewart Assayers, Argentina S.A. in Mendoza, Argentina, for fire assay and ICP analysis. Accuracy of results is tested through the systematic inclusion of standards, blanks and check assays. Jim Duff has reviewed the results of the check assays and other quality control measures.
Cautionary Note to U.S. Investors:
All resource estimates reported by the Corporation are calculated in accordance with 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Corporation's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Corporation's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
To view "Exhibit 1 - Plan Map of Principal Veins at the San Jose Mine", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit1.pdf.
To view "Exhibit 2 - Drill Hole Location Map", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit2.pdf.
To view "Exhibit 3 - Surface Drilling Results from April 1, 2011 to June 30, 2011", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit3.pdf.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
FOR FURTHER INFORMATION PLEASE CONTACT:
Minera Andes Inc.
Jim Duff
Chief Operating Officer
Toll-Free: 1-866-441-0690 or 647-258-0395
Fax: 647-258-0408(FAX)
info@minandes.com
www.minandes.com
Source: Minera Andes Inc.
08/30/2011
Download this Press Release
TORONTO, ONTARIO--(Marketwire - Aug. 30, 2011) -
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce the results of exploration drilling at its 49% owned San Jose mine in Santa Cruz Province, Argentina. Drilling during the first half of the year was mainly dedicated to infill drilling, whereas drilling during the second half will focus on exploration for new resources. A total drilling program of 50,600 meters is planned for 2011. During the second quarter a total of 58 diamond core holes totaling 14,300 meters were drilled compared to 24 core holes totaling 5,411 meters during the first quarter.
The drilling successfully extended the Dos Lauras vein several hundred meters to the northwest and the known vein strike length is now just over 1,000 meters. In addition, infill drilling was completed with good results on the Micaela, Luli, Susana and Marta veins. Resources defined by the drilling will be reported as part of the year end resource update that will be released near the end of the first quarter of 2012.
A map of the principal veins at the San Jose mine is shown in Exhibit 1, and locations of some of the principal drill holes drilled during the quarter are shown in Exhibit 2. Drilling results received for the drilling are provided in Exhibit 3 and highlights include:
- Susana Vein
Hole SJD-864 - 0.56 m (meters) at 6.93 g/t (grams/tonne) Au and 1,504
g/t Ag
Hole SJD-875 - 0.88 m at 5.28 g/t Au and 441 g/t Ag
- Luli Vein
Hole SJD-869 - 1.05 m at 16.89 g/t Au and 1,642 g/t Ag
Hole SJD-871 - 1.98 m at 19.55 g/t Au and 1,721 g/t Ag
- Luli Cymoid Loop
Hole SJD-869 - 1.19 m at 5.54 g/t Au and 668 g/t Ag
Hole SJD-871 - 0.80 m at 44.48 g/t Au and 7,747 g/t Ag
Hole SJD-879 - 0.79 m at 11.9 g/t Au and 1,263 g/t Ag
- Dos Lauras Vein
Hole SJD-884 - 1.37 m at 43.32 g/t Au and 5,314 g/t Ag
- Micaela Vein
Hole SJD-889 - 1.32 m at 7.71 g/t Au and 825 g/t Ag
Hole SJD-895 - 4.03 m at 21.37 g/t Au and 2,285 g/t Ag
The vein system at San Jose continues to be open at depth and laterally. As a result of the discovery of the east-west trending Micaela-Sofia vein system last year, previous drill results are being reinterpreted to define new drilling targets in and near the mine area in conjunction with new surface magnetic data and existing induced polarization geophysics data.
During the first half of 2011, 3,147 line-kilometers of surface magnetic lines spaced 75 meters apart were run covering 22,000 hectares (54,000 acres) southeast of the mine area. The magnetic data is being analyzed to define drilling targets southwest of the mine, an area that is covered by a layer of post-mineral basalt. The magnetic data will be complemented by 342 line-kilometers of gradient array Induced Polarization ("IP") to be run over the same area during the next four months as well as 25 line-kilometers of pole-dipole array IP.
About Minera Andes: Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: One, a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine that is located near Goldcorp's Cerro Negro project; Two, 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; Three, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project. The Company had $22 million USD in cash as at June 30, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 30% of the shares of the company. On June 14, 2011 the Company announced that Mr. McEwen proposed to combine the Company with US Gold Corporation to create a high growth, low-cost, mid-tier silver producer focused on the Americas. This transaction, subject to a number of approvals (including by the shareholders of the Corporation), is expected to close in late 2011.
About Minera Santa Cruz: Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San Jose property.
About Hochschild Mining plc: Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal vein deposits and currently operates four underground vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
Technical Information:
This news release has been reviewed and approved by Jim Duff the Chief Operating Officer of the Corporation, a Qualified Person as defined by Canadian Securities Administrator National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("43-101"). Assay results were reported to Minera Andes by MSC, which is the operating company for the San Jose joint venture. Assay results for the drilling were reviewed by Jim Duff. All samples were collected in accordance with industry standards. Splits from checks of the drill core samples assay at the San Jose Mine laboratory were submitted to Alex Stewart Assayers, Argentina S.A. in Mendoza, Argentina, for fire assay and ICP analysis. Accuracy of results is tested through the systematic inclusion of standards, blanks and check assays. Jim Duff has reviewed the results of the check assays and other quality control measures.
Cautionary Note to U.S. Investors:
All resource estimates reported by the Corporation are calculated in accordance with 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and information. The forward-looking statements and information express, as at the date of this press release, the Corporation's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks.
Readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Corporation's Annual Information Form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
To view "Exhibit 1 - Plan Map of Principal Veins at the San Jose Mine", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit1.pdf.
To view "Exhibit 2 - Drill Hole Location Map", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit2.pdf.
To view "Exhibit 3 - Surface Drilling Results from April 1, 2011 to June 30, 2011", please visit the following link: http://media3.marketwire.com/docs/MAI-Exhibit3.pdf.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.
FOR FURTHER INFORMATION PLEASE CONTACT:
Minera Andes Inc.
Jim Duff
Chief Operating Officer
Toll-Free: 1-866-441-0690 or 647-258-0395
Fax: 647-258-0408(FAX)
info@minandes.com
www.minandes.com
Source: Minera Andes Inc.
US Gold and Minera Andes Enter Into Arrangement Agreement to Form McEwen Mining
TORONTO, ONTARIO--(Marketwire - Sept. 22, 2011) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG) and Minera Andes Inc. ("Minera Andes") (TSX:MAI)(OTCBB:MNEAF) are pleased to announce that US Gold and Minera Andes have entered into an arrangement agreement dated September 22, 2011 (the "Arrangement Agreement"), pursuant to which US Gold and Minera Andes will combine to form McEwen Mining.
Under the terms of the Arrangement Agreement (and as previously announced in US Gold and Minera Andes' joint news release dated September 2, 2011) holders of Minera Andes common shares will receive 0.45 (the "Exchange Ratio") shares of a subsidiary of US Gold which are exchangeable for common shares of US Gold for each 1 common share of Minera Andes held. This transaction will be carried out pursuant to the Arrangement Agreement under a court-approved statutory plan of arrangement governed by the Business Corporations Act (Alberta).
The special committees of US Gold and Minera Andes have each obtained a valuation and a fairness opinion from their respective independent financial advisors to the effect that, subject to the assumptions, qualifications and limitations contained therein, the Exchange Ratio is fair, from a financial point of view, to their respective shareholders (other than Rob McEwen). The US Gold and Minera Andes boards of directors have each unanimously determined, based on, among other things, recommendations from their respective special committees, that the transaction is in the best interest of their respective companies and is fair to their respective shareholders. The directors and senior officers of each company (including Rob McEwen) have also entered into a customary support and voting agreement to vote their shares in favour of the arrangement. Closing of the transaction is expected to occur in late 2011.
The Arrangement Agreement includes customary deal protection and non-solicitation provisions including reciprocal break fees (equal to approximately 3% of the market capitalization for each company as of September 1, 2011) and fiduciary-out provisions.
The completion of the business combination remains subject to customary approvals, including stock exchange, court approval and approval by shareholders of US Gold and Minera Andes, including minority shareholder approval that excludes the votes of Rob McEwen and certain other interested persons.
The Arrangement Agreement will be filed under each of US Gold and Minera Andes' profiles on SEDAR (www.sedar.com) and EDGAR (www.sec.gov). The terms of the Arrangement Agreement will also be described in detail in the management information circulars of US Gold and Minera Andes to be filed with the regulatory authorities and mailed to US Gold and Minera Andes shareholders in accordance with applicable securities laws. The record date and date of the special meetings of the shareholders of US Gold and Minera Andes will be announced in the near future.
Based on today's closing price, McEwen Mining would have a market capitalization of approximately US$ 1.3 billion with approximately 267 million shares outstanding. Robert McEwen, current Chairman and President/CEO of each of Minera Andes and US Gold will hold a 25% interest in the combined company valued today at approximately US$ 325 million.
Raymond James Inc. served as the independent financial advisor to the special committee of US Gold and RBC Capital Markets served as independent financial advisor to the special committee of Minera Andes.
http://tmx.quotemedia.com/article.php?newsid=44734004&qm_sym…
TORONTO, ONTARIO--(Marketwire - Sept. 22, 2011) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG) and Minera Andes Inc. ("Minera Andes") (TSX:MAI)(OTCBB:MNEAF) are pleased to announce that US Gold and Minera Andes have entered into an arrangement agreement dated September 22, 2011 (the "Arrangement Agreement"), pursuant to which US Gold and Minera Andes will combine to form McEwen Mining.
Under the terms of the Arrangement Agreement (and as previously announced in US Gold and Minera Andes' joint news release dated September 2, 2011) holders of Minera Andes common shares will receive 0.45 (the "Exchange Ratio") shares of a subsidiary of US Gold which are exchangeable for common shares of US Gold for each 1 common share of Minera Andes held. This transaction will be carried out pursuant to the Arrangement Agreement under a court-approved statutory plan of arrangement governed by the Business Corporations Act (Alberta).
The special committees of US Gold and Minera Andes have each obtained a valuation and a fairness opinion from their respective independent financial advisors to the effect that, subject to the assumptions, qualifications and limitations contained therein, the Exchange Ratio is fair, from a financial point of view, to their respective shareholders (other than Rob McEwen). The US Gold and Minera Andes boards of directors have each unanimously determined, based on, among other things, recommendations from their respective special committees, that the transaction is in the best interest of their respective companies and is fair to their respective shareholders. The directors and senior officers of each company (including Rob McEwen) have also entered into a customary support and voting agreement to vote their shares in favour of the arrangement. Closing of the transaction is expected to occur in late 2011.
The Arrangement Agreement includes customary deal protection and non-solicitation provisions including reciprocal break fees (equal to approximately 3% of the market capitalization for each company as of September 1, 2011) and fiduciary-out provisions.
The completion of the business combination remains subject to customary approvals, including stock exchange, court approval and approval by shareholders of US Gold and Minera Andes, including minority shareholder approval that excludes the votes of Rob McEwen and certain other interested persons.
The Arrangement Agreement will be filed under each of US Gold and Minera Andes' profiles on SEDAR (www.sedar.com) and EDGAR (www.sec.gov). The terms of the Arrangement Agreement will also be described in detail in the management information circulars of US Gold and Minera Andes to be filed with the regulatory authorities and mailed to US Gold and Minera Andes shareholders in accordance with applicable securities laws. The record date and date of the special meetings of the shareholders of US Gold and Minera Andes will be announced in the near future.
Based on today's closing price, McEwen Mining would have a market capitalization of approximately US$ 1.3 billion with approximately 267 million shares outstanding. Robert McEwen, current Chairman and President/CEO of each of Minera Andes and US Gold will hold a 25% interest in the combined company valued today at approximately US$ 325 million.
Raymond James Inc. served as the independent financial advisor to the special committee of US Gold and RBC Capital Markets served as independent financial advisor to the special committee of Minera Andes.
http://tmx.quotemedia.com/article.php?newsid=44734004&qm_sym…
Der aktuelle Kursverlauf stimmt mich sehr zufrieden in meiner Handelstätigkeit
Antwort auf Beitrag Nr.: 42.129.823 von KaOzz am 23.09.11 21:32:21es ist ja nicht so, dass ich hier gerade beim letzten Hoch verkauft habe, aber dadurch, dass sich nach so einer zermürbend langen Seitwärtsbewegung (12 Monate) neue Tiefs herausbilden, bin ich ganz froh vor ner Weile überhaupt verkauft zu haben
Ob es sich lohnt bei diesen Kursen hier einzusteigen und damit auf die Übernahme von UXG zu setzen.
Klar sollte es mit UXG auch nichts mehr werden war es halt ein Griff ins Klo.
Klar sollte es mit UXG auch nichts mehr werden war es halt ein Griff ins Klo.
Antwort auf Beitrag Nr.: 42.174.748 von boersentrader02 am 05.10.11 19:37:45Hi boersentrader!
Man kriegt keinen sonderlich großen Aufschlag beim Verhältnis 0,45 UXG pro 1 MAI. Da springen doch nur ein paar läppische Cent bei raus?!
Und jetzt ins fallende Messer zu greifen, da würde mir übel werden
Die Probleme überschlagen sich gerade einfach nur... keine Ahnung wo das hinführen soll... wenn gold wieder beginnt zu steigen, werden sich die Probleme logischerweise immer noch nicht gelöst haben, da Gold der altbekannte Krisenindikator ist... aber ob die Minen mitziehen??? Da gabs in der vergangenen Zeit ziemliche Divergenzen...
Ich habs - glaube ich - noch nicht erlebt, dass bei fallenden Kursen zwei Firmen fusionieren...
Und für die nächsten zwei bis vier Wochen bleibe ich auch bearish
Grüße
Man kriegt keinen sonderlich großen Aufschlag beim Verhältnis 0,45 UXG pro 1 MAI. Da springen doch nur ein paar läppische Cent bei raus?!
Und jetzt ins fallende Messer zu greifen, da würde mir übel werden
Die Probleme überschlagen sich gerade einfach nur... keine Ahnung wo das hinführen soll... wenn gold wieder beginnt zu steigen, werden sich die Probleme logischerweise immer noch nicht gelöst haben, da Gold der altbekannte Krisenindikator ist... aber ob die Minen mitziehen??? Da gabs in der vergangenen Zeit ziemliche Divergenzen...
Ich habs - glaube ich - noch nicht erlebt, dass bei fallenden Kursen zwei Firmen fusionieren...
Und für die nächsten zwei bis vier Wochen bleibe ich auch bearish
Grüße
Antwort auf Beitrag Nr.: 42.175.263 von KaOzz am 05.10.11 21:27:01Na bitte, knapp über 20 % in einem Tag, das ist schon mal was, oder ?
Da kann der Schäuble ruhig 25 % mit verdienen = 1/4 vom Gewinn.
Da kann der Schäuble ruhig 25 % mit verdienen = 1/4 vom Gewinn.
Antwort auf Beitrag Nr.: 42.178.718 von boersentrader02 am 06.10.11 15:19:15kein ding, er hält schon den überweisungsträger für die griechen bereit
US Gold and Minera Andes Announce Record Date and Meeting Date for Special Meeting of Shareholders
TORONTO, ONTARIO--(Marketwire - Nov. 21, 2011) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG) and Minera Andes Inc. ("Minera Andes") (TSX:MAI)(OTCBB:MNEAF)are pleased to announce that they have established a record date and a meeting date for the special meeting of shareholders to consider and vote upon certain matters relating to the previously-announced arrangement agreement dated September 22, 2011, pursuant to which it is proposed that US Gold and Minera Andes will combine to form McEwen Mining Inc.
US Gold and Minera Andes shareholders of record at the close of business on the record date, December 12, 2011, will be entitled to notice of and to vote at the special meeting. The special meeting will be held in Toronto on January 19, 2012. The venue will be announced shortly.
Quelle: http://tmx.quotemedia.com/article.php?newsid=46297427&qm_sym…
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Ich persönlich bin von der neuen McEwen Mining ziemlich begeistert und dementsprechend für den Merger.
TORONTO, ONTARIO--(Marketwire - Nov. 21, 2011) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG) and Minera Andes Inc. ("Minera Andes") (TSX:MAI)(OTCBB:MNEAF)are pleased to announce that they have established a record date and a meeting date for the special meeting of shareholders to consider and vote upon certain matters relating to the previously-announced arrangement agreement dated September 22, 2011, pursuant to which it is proposed that US Gold and Minera Andes will combine to form McEwen Mining Inc.
US Gold and Minera Andes shareholders of record at the close of business on the record date, December 12, 2011, will be entitled to notice of and to vote at the special meeting. The special meeting will be held in Toronto on January 19, 2012. The venue will be announced shortly.
Quelle: http://tmx.quotemedia.com/article.php?newsid=46297427&qm_sym…
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Ich persönlich bin von der neuen McEwen Mining ziemlich begeistert und dementsprechend für den Merger.
Wie man es am Kurs sehen kann, scheinen wohl alle Aktionäre von diesem Merger begeistert zu sein. Woran kann man das Erkennen ?
Dass der Kurs fällt und nicht steigt.
Scheint doch wohl von vielen Aktionären nicht so gut gesehen zu werden, wie von Dir ?
Man kann es auch bei US Gold sehen. Bin echt gespannt ob der Kurs dort noch mal unter die 2 € fallen wird ?
Dass der Kurs fällt und nicht steigt.
Scheint doch wohl von vielen Aktionären nicht so gut gesehen zu werden, wie von Dir ?
Man kann es auch bei US Gold sehen. Bin echt gespannt ob der Kurs dort noch mal unter die 2 € fallen wird ?
Antwort auf Beitrag Nr.: 42.387.577 von boersentrader02 am 23.11.11 10:38:39Ich stütze mich bei meiner aussage auf die Merger Presentation, die bei UXG auf der Homepage zu finden ist. Ich war sehr angetan von den Produktionszahlen, den Resourcenschätzungen und den zielorientierten Plänen.
Gold schwächelt zur Zeit und es kursieren viele schlechte Nachrichten. Und am Kurs sieht man, dass die Anleger und Zocker ihr Geld abziehen oder zumindest vorsichtig agieren.
Ich denke, das die zukünftige McEwen Mining ein unglaublich gutes Management und sehr aussichtsreiche Fundamentaldaten hat. Dass auch die Kurse fundamental deutlich besser gestellter Unternehmen stark einsacken können... das wissen alle, die nicht erst seit gestern am Markt sind
Ich hoffe, dass der Kurs noch weiter fällt oder zumindest seitwärts tendiert. Schnelle und nachhaltige Anstiege kann ich mir derzeit nicht vorstellen und wenn Gold tatsächlich in einen Abwärtstrend rutscht, würde ich den Wert auch nicht mehr kaufen. Da werden keine Gefangenen mehr gemacht...
Wie auch immer, ich vermute, Du kennst MAI und UXG selbst gut genug
Der Kurs hängt davon ab, wieviele Leute ein Stück vom Gewinn abhaben wollen. Und bei aktuellen Zahlen, würde der bei Produktionsstart - wenn alles klappt - durchaus annehmbar sein
Warum die Leute jetzt ihr Geld abziehen? Vielleicht wegen Trendfolge-Modellen, Risk-Diversification, höheren Margen, weiß Gott was noch...
Viele Grüße
Gold schwächelt zur Zeit und es kursieren viele schlechte Nachrichten. Und am Kurs sieht man, dass die Anleger und Zocker ihr Geld abziehen oder zumindest vorsichtig agieren.
Ich denke, das die zukünftige McEwen Mining ein unglaublich gutes Management und sehr aussichtsreiche Fundamentaldaten hat. Dass auch die Kurse fundamental deutlich besser gestellter Unternehmen stark einsacken können... das wissen alle, die nicht erst seit gestern am Markt sind
Ich hoffe, dass der Kurs noch weiter fällt oder zumindest seitwärts tendiert. Schnelle und nachhaltige Anstiege kann ich mir derzeit nicht vorstellen und wenn Gold tatsächlich in einen Abwärtstrend rutscht, würde ich den Wert auch nicht mehr kaufen. Da werden keine Gefangenen mehr gemacht...
Wie auch immer, ich vermute, Du kennst MAI und UXG selbst gut genug
Der Kurs hängt davon ab, wieviele Leute ein Stück vom Gewinn abhaben wollen. Und bei aktuellen Zahlen, würde der bei Produktionsstart - wenn alles klappt - durchaus annehmbar sein
Warum die Leute jetzt ihr Geld abziehen? Vielleicht wegen Trendfolge-Modellen, Risk-Diversification, höheren Margen, weiß Gott was noch...
Viele Grüße
ich glaube, mr. mcewen ist ein ganz dreister betrüger !!! der will die kleinaktionäre allle verarschen, ... zuerst werden prognosen von goldpreis 5000 usd je oz. abgegeben ... dann fusionieren seine beteiligungen (vg gold, lexem, minera andes und us gold) immer schön kreuz und quer, dann wird der kurs in den keller gejagt und zum schluss sammelt dieser dreckige scheißkerl alles für ein paar kröten für sich selbst ein !!!! die explorationskosten haben die aktionäre getragen, den gewinn später streicht er selbst ein !!! auf diesen mann sollte die SEC mal ein auge werfen !!
Mr McEwen hat Privatanlegern zu physischem Gold geraten und nicht zu seinen Aktien. Wahrscheinlich weil er von seinen eigenen Plänen am besten selbst gewußt hat. Die 5000 USD pro Unze Gold hat er genannt genau so aber auch von einer Gold-Dow Jones Rate gesprochen. Wenn die Rate unter 5 wandert wird er sich von seinem Investment in Gold verabschieden, da dann andere Aktien die bessere Wahl sind. Momentan ist die Rate auf 7 gefallen !! Ich überlege deshalb aus dem Goldgeschäft auszusteigen, da die Macs, wie sie auch alle heißen, streng kaufmännisch vorgehen. Die Frage ist halt mit welchen Verlusten :-)
Allem Anschein nach stellt McEwen jetzt gerade seine Firmen um und der Kurs ist vorher schon im Keller!
Allem Anschein nach stellt McEwen jetzt gerade seine Firmen um und der Kurs ist vorher schon im Keller!
Ich hab rob noch'n kleines weihnachtsgeschenk gemacht
Antwort auf Beitrag Nr.: 42.498.344 von seapower69 am 19.12.11 12:42:33Kurs zieht verdächtig nach oben seit Jahresanfang.
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News vom Freitag:
US Gold Responds to Settlement Offer Regarding Minera Andes' Los Azules Copper Property Litigation
TORONTO, ONTARIO--(Marketwire - Jan. 13, 2012) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG), in light of the proposed business combination between US Gold and Minera Andes Inc., wishes to respond and comment on the news release of TNR Gold Corp. (January 12, 2012) proposing a settlement for an amount of US$125 million of the litigation surrounding certain portions of Minera Andes' Los Azules Copper Project. Reference is also made to Minera Andes' news release this morning outlining the consideration by its board of directors and special committee of this offer, and the determination to reject the offer as being unreasonable.
Given the potential value of the Los Azules properties compared to the overall value of Minera Andes and given the potential value of the claims made by the plaintiffs in this litigation, the Special Committee of independent directors of US Gold undertook significant due diligence of the Los Azules litigation in considering whether to recommend the business combination to the Board. Furthermore, the Special Committee's independent financial advisor considered the risk associated with the litigation and factored it into its valuation model. The Special Committee is of the view, after having consulted with its independent financial advisor, that this settlement offer does not change its previous analysis or recommendation. The Board of US Gold encourages all shareholders to read in detail the disclosure about the litigation surrounding Minera Andes' Los Azules project as set out in US Gold's proxy statement dated December 13, 2011.
The litigation in question has been ongoing for several years and the transaction between US Gold and Minera Andes was announced more than six months ago. US Gold is of the view that the manner in which this offer was made was disingenuous, opportunistic and coercive, in particular given that a public announcement by TNR was made shortly before the shareholder meetings of US Gold and Minera Andes to consider the business combination.
The Board of Directors of US Gold, including the Special Committee of independent directors formed to evaluate the transaction with Minera Andes, remains of the view that the proposed business combination with Minera Andes on the terms of the arrangement agreement dated September 22, 2011 is fair to shareholders and in the best interests of US Gold and its shareholders and recommends that shareholders vote in favour of this transaction at the special meeting to be held on January 19, 2012.
ABOUT US GOLD ( www.usgold.com ) AND MINERA ANDES ( www.minandes.com )
US Gold and Minera Andes entered into a definitive arrangement agreement on September 22, 2011, wherein each Minera Andes shareholder would receive 0.45 of a share exchangeable into a US Gold share for every one (1) Minera Andes share held. US Gold's objective is to qualify for inclusion in the S&P 500 by 2015. US Gold explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production. US Gold's shares are listed on the NYSE and the TSX under the symbol UXG, trading 2.8 million shares daily during the past twelve months. US Gold's shares are included in S&P/TSX and Russell indices and Van Eck's Junior Gold Miners ETF. Rob McEwen, Chairman and CEO, owns 20% of the shares of US Gold. Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: One, a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine that is located near Goldcorp's Cerro Negro project; Two, 100% ownership of the Los Azules copper deposit; Three, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project. The Company had $45 million USD in cash as at September 30, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 30% of the shares of Minera Andes.
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News vom Freitag:
US Gold Responds to Settlement Offer Regarding Minera Andes' Los Azules Copper Property Litigation
TORONTO, ONTARIO--(Marketwire - Jan. 13, 2012) - US Gold Corporation ("US Gold") (NYSE:UXG)(TSX:UXG), in light of the proposed business combination between US Gold and Minera Andes Inc., wishes to respond and comment on the news release of TNR Gold Corp. (January 12, 2012) proposing a settlement for an amount of US$125 million of the litigation surrounding certain portions of Minera Andes' Los Azules Copper Project. Reference is also made to Minera Andes' news release this morning outlining the consideration by its board of directors and special committee of this offer, and the determination to reject the offer as being unreasonable.
Given the potential value of the Los Azules properties compared to the overall value of Minera Andes and given the potential value of the claims made by the plaintiffs in this litigation, the Special Committee of independent directors of US Gold undertook significant due diligence of the Los Azules litigation in considering whether to recommend the business combination to the Board. Furthermore, the Special Committee's independent financial advisor considered the risk associated with the litigation and factored it into its valuation model. The Special Committee is of the view, after having consulted with its independent financial advisor, that this settlement offer does not change its previous analysis or recommendation. The Board of US Gold encourages all shareholders to read in detail the disclosure about the litigation surrounding Minera Andes' Los Azules project as set out in US Gold's proxy statement dated December 13, 2011.
The litigation in question has been ongoing for several years and the transaction between US Gold and Minera Andes was announced more than six months ago. US Gold is of the view that the manner in which this offer was made was disingenuous, opportunistic and coercive, in particular given that a public announcement by TNR was made shortly before the shareholder meetings of US Gold and Minera Andes to consider the business combination.
The Board of Directors of US Gold, including the Special Committee of independent directors formed to evaluate the transaction with Minera Andes, remains of the view that the proposed business combination with Minera Andes on the terms of the arrangement agreement dated September 22, 2011 is fair to shareholders and in the best interests of US Gold and its shareholders and recommends that shareholders vote in favour of this transaction at the special meeting to be held on January 19, 2012.
ABOUT US GOLD ( www.usgold.com ) AND MINERA ANDES ( www.minandes.com )
US Gold and Minera Andes entered into a definitive arrangement agreement on September 22, 2011, wherein each Minera Andes shareholder would receive 0.45 of a share exchangeable into a US Gold share for every one (1) Minera Andes share held. US Gold's objective is to qualify for inclusion in the S&P 500 by 2015. US Gold explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production. US Gold's shares are listed on the NYSE and the TSX under the symbol UXG, trading 2.8 million shares daily during the past twelve months. US Gold's shares are included in S&P/TSX and Russell indices and Van Eck's Junior Gold Miners ETF. Rob McEwen, Chairman and CEO, owns 20% of the shares of US Gold. Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: One, a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine that is located near Goldcorp's Cerro Negro project; Two, 100% ownership of the Los Azules copper deposit; Three, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project. The Company had $45 million USD in cash as at September 30, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 30% of the shares of Minera Andes.
Das könnte man ja schon als Nötigung wenn nicht sogar als Erpressung auslegen was TNR Gold Corp hier an Minera Andes gefordert hat.
Überall lauern die Gangster, uberall.
Warten wir ab, wie es am 19.1.2012 ausgehen wird.
Minera Andes Inc.: Response to TNR Gold Corp. News Release Regarding Los Azules Litigation
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) refers to the news release issued by TNR Gold Corp. on January 12, 2012 and wishes to take this opportunity to respond.
In its news release, TNR Gold Corp. has offered to settle its ongoing litigation with Minera Andes over the ownership of certain portions of Minera Andes' Los Azules project in exchange for a payment to TNR Gold of US$125 million.
Minera Andes received substantially the same settlement offer from TNR Gold on January 10, 2012, however, with a deadline for acceptance of approximately 24 hours, which period was subsequently extended to approximately 48 hours.[/b]
The offer was considered by both the Board of Directors of Minera Andes and by its Special Committee comprised of independent directors and formed for the purpose of reviewing the proposed business combination with US Gold Corporation. After due consideration and having received the input of the Special Committee, the Board of Directors of Minera Andes resolved unanimously to reject the offer from TNR Gold as unreasonable. Minera Andes continues to reject TNR Gold's claims and intends to continue to vigorously defend against those claims and looks forward to resolving this matter in the courts of British Columbia.
Although the litigation has been ongoing for several years and the proposed business combination with US Gold was first announced over six months ago, TNR Gold has chosen to make its offer by press release less than a week in advance of the shareholders meeting to consider the proposed business combination with US Gold. As a result, Minera Andes believes that TNR Gold is simply seeking to take advantage of its last minute timing in an effort to cloak an unreasonable settlement offer for its own benefit.
The Board of Directors of Minera Andes remains firmly of the view that the proposed business combination with US Gold on the terms of the arrangement agreement dated September 22, 2011 is fair to shareholders and in the best interests of Minera Andes and recommends that shareholders vote in favour of the arrangement at the special meeting on January 19, 2012.
About Minera Andes (www.minandes.com)
Überall lauern die Gangster, uberall.
Warten wir ab, wie es am 19.1.2012 ausgehen wird.
Minera Andes Inc.: Response to TNR Gold Corp. News Release Regarding Los Azules Litigation
Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) refers to the news release issued by TNR Gold Corp. on January 12, 2012 and wishes to take this opportunity to respond.
In its news release, TNR Gold Corp. has offered to settle its ongoing litigation with Minera Andes over the ownership of certain portions of Minera Andes' Los Azules project in exchange for a payment to TNR Gold of US$125 million.
Minera Andes received substantially the same settlement offer from TNR Gold on January 10, 2012, however, with a deadline for acceptance of approximately 24 hours, which period was subsequently extended to approximately 48 hours.[/b]
The offer was considered by both the Board of Directors of Minera Andes and by its Special Committee comprised of independent directors and formed for the purpose of reviewing the proposed business combination with US Gold Corporation. After due consideration and having received the input of the Special Committee, the Board of Directors of Minera Andes resolved unanimously to reject the offer from TNR Gold as unreasonable. Minera Andes continues to reject TNR Gold's claims and intends to continue to vigorously defend against those claims and looks forward to resolving this matter in the courts of British Columbia.
Although the litigation has been ongoing for several years and the proposed business combination with US Gold was first announced over six months ago, TNR Gold has chosen to make its offer by press release less than a week in advance of the shareholders meeting to consider the proposed business combination with US Gold. As a result, Minera Andes believes that TNR Gold is simply seeking to take advantage of its last minute timing in an effort to cloak an unreasonable settlement offer for its own benefit.
The Board of Directors of Minera Andes remains firmly of the view that the proposed business combination with US Gold on the terms of the arrangement agreement dated September 22, 2011 is fair to shareholders and in the best interests of Minera Andes and recommends that shareholders vote in favour of the arrangement at the special meeting on January 19, 2012.
About Minera Andes (www.minandes.com)
TNR Gold Corp. geht die Kohle aus und da fordert man einfach mal solche summen um nicht konkurs zu gehen ... die stehen einen rechtsstreit gar nicht finanziell durch .... auch gut, dann sind die weg vom acker !!! denke mcewen hat die besseren anwälte !
vielleicht auch ein grund warum es mit minera andes die letzten tage so abging ?
vielleicht auch ein grund warum es mit minera andes die letzten tage so abging ?
Ich habe eindeutig zu wenig Zeit für MAI und andere Werte...
Ich halt nich so viel von dem Angebot von TNR Gold, klingt ziemlich dreist.
Die Quartals-/Jahresergebnisse sind da:
Minera Andes Announces Fourth Quarter and Full Year 2011 San Jose Mine Production
TORONTO, ONTARIO--(Marketwire - Jan. 18, 2012) - Minera Andes (TSX:MAI)(OTCBB:MNEAF) is pleased to announce production results for the year and quarter ending December 31, 2011 from its 49% owned San José Mine in Santa Cruz Province, Argentina. Highlights for the respective periods are listed below. Production costs will be announced with year-end and fourth quarter financial results, expected to be released in late March 2012.
HIGHLIGHTS
Silver production (100% basis) for the fourth quarter and year-end totaled 1,453,580 and 5,869,517 ounces silver.
Gold production (100% basis) for the fourth quarter and year-end totaled 20,934 and 80,952 ounces gold.
The average grade of ore processed during 2011 was 444.0 gpt silver and 5.86 gpt gold.
A total of 93,320 meters of exploration and infill/reserve drilling is planned at the San José Mine in 2012. This is the largest drill program in the history of the mine.
In addition, a 20,000 meter exploration drill program is underway at Minera Andes 100% owned properties adjacent to the San José Mine and Goldcorp's Cerro Negro Project.
Drilling at the Los Azules Copper Project is expected to resume by the end of January. A total of 8,000 meters has been planned in order to test the potential to increase the size of the resource.
"The San José Mine's silver and gold production for 2011 successfully met expectations and we are forecasting similar levels for 2012. This stable performance is expected to help finance the growth of the McEwen Mining (A proposed merger between Minera Andes and US Gold, where shareholders are scheduled to vote on January 19th, 2012). I am also pleased to announce that our partners at San José (Hochschild Mining - 51% owner and operator) are preparing to double the size of the exploration program for 2012," stated Rob McEwen, Chairman and CEO.
OPERATING RESULTS
Year ended Dec. 31, 2011
weiterlesen: http://tmx.quotemedia.com/article.php?newsid=47617078&qm_sym…
Ich halt nich so viel von dem Angebot von TNR Gold, klingt ziemlich dreist.
Die Quartals-/Jahresergebnisse sind da:
Minera Andes Announces Fourth Quarter and Full Year 2011 San Jose Mine Production
TORONTO, ONTARIO--(Marketwire - Jan. 18, 2012) - Minera Andes (TSX:MAI)(OTCBB:MNEAF) is pleased to announce production results for the year and quarter ending December 31, 2011 from its 49% owned San José Mine in Santa Cruz Province, Argentina. Highlights for the respective periods are listed below. Production costs will be announced with year-end and fourth quarter financial results, expected to be released in late March 2012.
HIGHLIGHTS
Silver production (100% basis) for the fourth quarter and year-end totaled 1,453,580 and 5,869,517 ounces silver.
Gold production (100% basis) for the fourth quarter and year-end totaled 20,934 and 80,952 ounces gold.
The average grade of ore processed during 2011 was 444.0 gpt silver and 5.86 gpt gold.
A total of 93,320 meters of exploration and infill/reserve drilling is planned at the San José Mine in 2012. This is the largest drill program in the history of the mine.
In addition, a 20,000 meter exploration drill program is underway at Minera Andes 100% owned properties adjacent to the San José Mine and Goldcorp's Cerro Negro Project.
Drilling at the Los Azules Copper Project is expected to resume by the end of January. A total of 8,000 meters has been planned in order to test the potential to increase the size of the resource.
"The San José Mine's silver and gold production for 2011 successfully met expectations and we are forecasting similar levels for 2012. This stable performance is expected to help finance the growth of the McEwen Mining (A proposed merger between Minera Andes and US Gold, where shareholders are scheduled to vote on January 19th, 2012). I am also pleased to announce that our partners at San José (Hochschild Mining - 51% owner and operator) are preparing to double the size of the exploration program for 2012," stated Rob McEwen, Chairman and CEO.
OPERATING RESULTS
Year ended Dec. 31, 2011
weiterlesen: http://tmx.quotemedia.com/article.php?newsid=47617078&qm_sym…
Kurs geht steil bergauf
tja, da muss ich mich wohl bei MCEWEN entschuldigen für die kritik im letzten jahr !!!! aber bei lexam klappt es noch nicht, die wird er sich wohl billig auch noch in USX integrieren wollen !!
Antwort auf Beitrag Nr.: 42.634.082 von graue eminenz am 23.01.12 17:15:31Nich so wild. Schätze mal, hier hat jeder mitgekriegt, dass das Statement emotional getrieben war.
Antwort auf Beitrag Nr.: 42.636.288 von KaOzz am 23.01.12 23:35:24Der Merger kurz zusammengefasst:
US Gold Corporation und Minera Andes Inc. gaben gestern bekannt, dass die Aktionäre beider Unternehmen bei den entsprechenden Versammlungen am Donnerstag für die geplante Fusion von US Gold und Minera Andes gestimmt haben.
Gemäß Vereinbarung erwirbt US Gold Minera Andes und die Aktionäre von Minera Andes erhalten pro Minera-Aktie 0,45 einer Stammaktie eines Tochterunternehmens von US Gold, diese Stammaktien können gegen Stammaktien von US Gold eingetauscht werden.
Der Abschluss der Transaktion wird bereits um den 24. Januar erwartet. Das fusionierte Unternehmen wird den Namen McEwen Mining tragen und wird voraussichtlich um den 27. Januar unter dem Symbol "MUX" den Handel an der Toronto Stock Exchange und der New York Stock Exchange aufnehmen.
Quelle
US Gold Corporation und Minera Andes Inc. gaben gestern bekannt, dass die Aktionäre beider Unternehmen bei den entsprechenden Versammlungen am Donnerstag für die geplante Fusion von US Gold und Minera Andes gestimmt haben.
Gemäß Vereinbarung erwirbt US Gold Minera Andes und die Aktionäre von Minera Andes erhalten pro Minera-Aktie 0,45 einer Stammaktie eines Tochterunternehmens von US Gold, diese Stammaktien können gegen Stammaktien von US Gold eingetauscht werden.
Der Abschluss der Transaktion wird bereits um den 24. Januar erwartet. Das fusionierte Unternehmen wird den Namen McEwen Mining tragen und wird voraussichtlich um den 27. Januar unter dem Symbol "MUX" den Handel an der Toronto Stock Exchange und der New York Stock Exchange aufnehmen.
Quelle
Danke.
Bedeutet konkret für die Minera Aktie?
Bedeutet konkret für die Minera Aktie?
was bedeutet das eigentlich steuerlich ???? wird einfach nur getauscht, oder geht der fiskus von einem verkauf minera und neukauf us gold aus (am stichtag) ???
vor allem weil wir canadisches recht und deutsche srecht auch noch unterscheiden müssen !!!
ggf. müsste man minera verkaufen und us gold selbst kaufen !!!
ab besten wäre natürlich, dass man 0,45 usx.to für 1 mai.to eingebucht bekommt und die minera ausgebucht, dann wäre alles steuerlich neutral !!!
experte hier an board ????
vor allem weil wir canadisches recht und deutsche srecht auch noch unterscheiden müssen !!!
ggf. müsste man minera verkaufen und us gold selbst kaufen !!!
ab besten wäre natürlich, dass man 0,45 usx.to für 1 mai.to eingebucht bekommt und die minera ausgebucht, dann wäre alles steuerlich neutral !!!
experte hier an board ????
Antwort auf Beitrag Nr.: 42.636.785 von Tattler am 24.01.12 08:15:45Die Notierung der Aktie wird für immer ausgesetzt.
Antwort auf Beitrag Nr.: 42.638.618 von graue eminenz am 24.01.12 12:46:38Gleiches Thema wird im US Gold-Thread besprochen. Dort sind sie der Meinung, dass keine AbgStr fällig ist.
Da allerdings MAI nicht übernommen wird, sonder aus UXG und MAI MUX entsteht, müsste die Ausbuchung von MAI wie eine Veräußerung betrachtet werden, daher sollte Abgeltungssteuer fällig sein.
Genau kann ich es aber nicht sagen.
Da allerdings MAI nicht übernommen wird, sonder aus UXG und MAI MUX entsteht, müsste die Ausbuchung von MAI wie eine Veräußerung betrachtet werden, daher sollte Abgeltungssteuer fällig sein.
Genau kann ich es aber nicht sagen.
Antwort auf Beitrag Nr.: 42.638.741 von KaOzz am 24.01.12 13:08:54zu welchem kurs wird die aktie ausgesetzt? Dann kann ich sie auch heute verkaufen, dann hab ich den Krampf nicht mit US Gold, oder? Oder ist es besser auf die "Umschichtung" zu warten?
das mit der abgeltungssteuer befürchte ich auch 
ich glaube morgen sollte man doch mal kurz verkaufen und abwarten was mit der "neuen" aktie passiert !! klar abgeltungsteuer fällt an, aber wird sie wahrscheinlich auch bei einem "tausch" !!!
nur der abgabedruck ist bis zum umtausch wahrscheinlich nicht sehr groß, das sollte man nutzen, denn am freitag kommen dann die neuen und keiner weiß, wie schnell die broker hier einbuchen und man wieder handlungsfähig ist !!!
nur der abgabedruck ist bis zum umtausch wahrscheinlich nicht sehr groß, das sollte man nutzen, denn am freitag kommen dann die neuen und keiner weiß, wie schnell die broker hier einbuchen und man wieder handlungsfähig ist !!!
Antwort auf Beitrag Nr.: 42.644.428 von graue eminenz am 25.01.12 11:34:11ich sehe das auch so, Abgeltungsteuer hin oder her. Lieber den heutigen oder morgigen Kurs mitnehmen und gut ist.
Ich weiß nicht ob es lohnenswert ist sich auf die neue Aktie einzulassen. Ich stell die Frage mal in die Runde? Daher auch meine Frage weiter oben, zu welchem Kurs Minera ausgesetzt wird?
Wie verhaltet Ihr euch?
Ich weiß nicht ob es lohnenswert ist sich auf die neue Aktie einzulassen. Ich stell die Frage mal in die Runde? Daher auch meine Frage weiter oben, zu welchem Kurs Minera ausgesetzt wird?
Wie verhaltet Ihr euch?
bin zu 2,62 CAD (1,97 EUR) soeben raus !!! ... nun, dann sind halt die steuern und der soli weg ... aber das mit der neuen aktie schaue ich mir erst mal an ... sieht sowieso nach fahnenstange aus !
also, watchlist und ggf. neuinvest in MCEWEN MINING !
also, watchlist und ggf. neuinvest in MCEWEN MINING !
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