Noobtraders - or "rolleg´s edge" (Seite 1568)

[rolleg]

Avrupa drills 30 meters of 6.92 g/t gold at Slivovo
http://www.avrupaminerals.com/news/index.php?&content_id=186

[rolleg]

Guyana Goldfields Inc. Commences Mill Commissioning; First Gold Pour Remains on Schedule for Mid-2015

TORONTO, May 27, 2015 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that the mill commissioning process has commenced and the Aurora Gold Project ("Aurora" or "the Project") remains on track for projected initial gold production in mid-2015.

Overall, Project construction is approximately 85% complete with the Company focusing on operational readiness training and commissioning. GGI has commenced the commissioning of the following areas:

- SAG Mill
- Power Plant Generators
- Water and Air Support Systems

The Company will continue the commissioning phase during the second quarter of this year and is in the process of completing the remaining piping, electrical and surface conveyor construction. GGI is on track to start-up the gravity gold and saprolite production circuits for mid-2015 which would allow for earlier gold production (pre-commercial production) through the processing plant. The commissioning and startup of the hard rock crushing circuit is projected to be completed in the third calendar quarter of 2015.

The mining fleet is fully operational and all materials required for construction are on site. All surface and on-site construction and bulk earthworks are completed except for the river dike and runway expansion. The Company is currently operating at peak construction and manpower levels with over 1,000 personnel at site. The operational readiness team has been hired and undergoing initial training.

Initial open pit mining at Rory's Knoll has defined the pit outline with excavation below river level with no in-flow of water, as expected.

The Company expects to produce between 30,000 ounces to 50,000 ounces of gold in 2015 and approximately 120,000 ounces to 140,000 ounces of gold in 2016.

GGI has approximately US$44 million (as at March 31, 2015) of capital expenditures remaining to projected initial production. The total initial development costs for all facilities as well as mining equipment, owner's costs, indirect costs, etc., remains forecasted to be US$249 million. The Project is tracking on budget with US$52 million available as an overrun facility, if needed.

Scott A. Caldwell, President & CEO, commented, "The commissioning of the mill circuit is a major milestone which we've been able to deliver on schedule and brings us one step closer to initial production. I am proud of what our team has accomplished in just a little over a year. The energy at site is vibrant and I would like to thank all our employees and contractors for their dedication and excellent work. At this stage in the game, we are so close to production that it has eliminated a large portion of capital over-spending risk. Our next focus is producing ounces at or above our target for 2015 gold production and join the ranks of producers."
http://www.guygold.com/s/NewsDetails.asp?id=122591

[rolleg]

Nuclear Takes Back Seat in United States, but Drives the Bus in China

Jeff Desjardins on May 27, 2015 at 5:52 pm

Earlier this month, New York State Gov. Andrew Cuomo suggested that the Indian Point nuclear facility should be shut down for good. The reactor had a transformer fire on May 9 that shut down part of the reactor, but also discharged thousands of gallons of oil into the Hudson River.

This is not an uncommon theme in the United States. As the infographic shows, the vast majority of nuclear reactors have been steaming along for decades and are approaching their decommissioning date. With only four reactors under construction and just a handful of planned or proposed facilities, nuclear has now taken a backseat in the United States.

Across the Pacific Ocean, China is taking a different approach.



While the United States is looking to slow down the role of nuclear in its energy mix, China is boldly trying to build up its capacity by an additional 40 to 58 GW before 2020. This aggressiveness in building energy capacity is not only slotted for nuclear, but also in wind, hydro and coal.
Original graphic by: Scientific American


http://www.visualcapitalist.com/nuclear-takes-back-seat-in-u…

[rolleg]

Agnico Eagle Investing In Belo Sun Validates Volta Grande


Summary

- Agnico Eagle invested C$15 million into Belo Sun Mining.
- Agnico Eagle now owns 17.4% of Belo Sun shares on a non-diluted basis.
- Belo Sun shares reacted positively on the news as the investment validates the potential at Volta Grande.
- We adjusted our price target to $0.40 per share to reflect the additional share dilution.
http://seekingalpha.com/article/3209726-agnico-eagle-investi…

[rolleg]

Silver Bull Has Published Its First Zinc-Focused Resource Estimate - And The Project Seems Viable

Summary

- Silver Bull is trying to 're-brand' its silver project as a zinc project and has now released an updated zinc-focused resource estimate.
- The updated estimate is better than I expected as the project now contains almost 5 billion pounds of zinc, with the majority accessible through an open pit.
- I would expect a PEA to be very positive as there's a high-grade open pittable zinc zone with a double-digit zinc grade, ensuring a short payback period.

http://seekingalpha.com/article/3210846-silver-bull-has-publ…

[rolleg]

Treasury Metals Identifies Significant New Gold Intersections Including 6.08 g/t Au over 6.0 m Near Surface
http://www.treasurymetals.com/s/press_release.asp?id=122626


TSX: TML.TO $0.37 -0.01 (-2.63%) as of 12:00 EDT

[rolleg]

Pleite droht trotzdem...



Carpathian Gold Inc. Announces Rovina Mining License Agreement

05/27/2015

TORONTO, ONTARIO--(Marketwired - May 27, 2015) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to announce that its wholly-owned subsidiary, Samax Romania S.R.L., has entered into an agreement with the Romanian National Agency for Mineral Resources whereby, it has been granted a 20-year mining license (the "License") on its Rovina Valley Project.

The granting of the License represents the first and most important step in the licensing process. Under Romanian law, the License will come into effect upon final review by several government departments and its publication in the official gazette. The Corporation will now proceed with an update to the Preliminary Economic Assessment of 2010 which will outline revised project costs and evaluate scalability options.

The granting of the License represents the first time that Romania has granted a license for metals without the involvement of a state-owned enterprise.

About Carpathian

Carpathian is an exploration and development company whose primary business is gold production at its 100% owned Riacho dos Machados Gold Project in Brazil. In addition, it is also focussed on advancing its exploration and development plans on its 100% owned Rovina Valley Au-Cu Project located in Romania.
http://www.carpathiangold.com/news/press-releases/press-rele…

[rolleg]

NexGen Energy Ltd. Closes $23,740,000 Bought Deal Financing
http://www.nexgenenergy.ca/i/pdf/news/2015-05-26_NR.pdf

NexGen Releases Further Assays From Winter 2015 Program and Confirms Broad High-Grade Mineralization in the A2 and A3 Shears at Arrow
http://www.nexgenenergy.ca/i/pdf/news/2015-05-27_NR.pdf

[rolleg]

Pure Gold hits more near-surface, high-grade gold at Madsen
http://puregoldmining.ca/news/pure-gold-hits-more-near-surfa…

[rolleg]

5 Junior Gold Miners Trading at Less Than $110 Per Ounce
27 May, 2015

A gold producer is often valued based on the Net Asset Value of its operations. In other words, an investor needs to value the company’s assets (reserves) and subtract its liabilities. Its future resource production is estimated based on current reserve levels, and it is used in accordance with projected gold prices to calculate future cash flows. With the current price of gold trading at the US$1,200 an ounce level, it is relatively hard to understand why certain companies trade at $100/ounce. Regardless, the five gold juniors on this list are being valued by the market at a substantial discount to its ounces in ground.http://www.smallcappower.com/posts/5-junior-gold-miners-trad…