Neue Wolfram Perle - ALL&WOF Fusion (Seite 262)

[BICYPAPA]

Almonty Meldungg

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:AII-2471341

ALMONTY ANNOUNCES INITIATIVES TO ENHANCE TAILINGS RECOVERY AT ITS PANASQUIERA MINE AND THE FILING OF AN UPDATED TECHNICAL REPORT ON ITS WOLFRAM CAMP MINE
Almonty Industries Inc.'s fully owned subsidiary, Beralt Tin and Wolfram (Portugal) SA, which operates the Panasqueira tungsten mine in Portugal, has reached a comprehensive agreement with Crominet Mining Processing SA (Pty.) Ltd., which is expected to result in an increase to its overall recovery.
Currently, at Panasqueira, a heavy media separation unit generates a preconcentrate, which is then upgraded by gravimetric methods to produce an outstanding final concentrate containing 75 per cent WO3 (tungsten trioxide), considered to be the highest commercially available grade in the world.
Tailings from the said heavy media separation unit containing, in average, 0.03 per cent WO3 were sent to Crominet facilities where XRT sorting tests showed a possible recovery of up to 93.6 per cent of the contained tungsten. The preconcentrate here obtained will be upgraded on the existing installations together with the preconcentrate referred above.
Under the agreement with Crominet, Crominet will install and operate at Panasqueira an XRT ore sorter and respective ancillary equipment with enough capacity to treat the totality of the tailings generated by the heavy media separation unit.
This XRT ore sorter installation is scheduled to start operating by October, 2017.
The extra recovery expected to be achieved could represent a conservative increase of 10 per cent on Panasqueira's annual production. Depending on how the extra recovery is ultimately measured, the installation of more XRT ore sorters to reclaim material from other tailings facilities may be considered.
Almonty has also filed an updated technical report under National Instrument 43-101 standards of disclosure for mineral projects of the Canadian Securities Administrators to reflect developments at the Wolfram Camp mine. The technical report provides for updated operational costs, both in mine, plant and G&A (general and administrative expenses).
Plant upgrades are currently being implemented, which are expected to increase plant processing capacity from 400,000 tonnes per year to 518,000 tonnes per year.
The design focus for recent updates to the plant process has been to improve the recovery of wolframite by minimizing overgrinding of the ore. This will be achieved by increasing the number of ore crushing and screening stages, thereby improving the control of the grinding process. By removing the ball mill (as used previously) and using instead additional cone crushers, it is intended that the generation of excessive quantities of ultrafines will be avoided.
As a result of the plant updates, a different type of tailings will be produced. Rather than a homogenous tailings, the tailings will be classified into a fine and a coarse fraction. The coarse fraction can then be dry-stacked efficiently, with the advantage of not occupying volume within the tailings dam. This material may also potentially be used to facilitate site rehabilitation works. It is expected that the fine fraction will represent approximately 10 per cent of the tailings generated instead of the entire amount as previously was happening. Along with the mass reduction obtained using the ore sorters, the gravimetric circuit will only be fed with 55.6 per cent of the overall processed tonnage. Therefore, the fine tailings fraction tonnage will be 5.56 per cent of the overall plant feed. Based on current modelling, the plant feed is expected to be 518,400 tonnes per year, meaning the fine tailings fraction will be 28,823 tonnes per year. This much reduced fine tailings output will delay the need for developing a new tailings storage facility.
Alternative methods for disposal of fine tailings are also being considered, which include use of a filter press to produce a filter cake and possible use of the current main pit when it has been exhausted.
Current modelling implies that 90 per cent of the total tailings produced will be coarse tailings, which represents approximately 50 per cent of the total plant feed. It is planned that the coarse tailings fraction will be stored downstream of the TSF2 embankment. This will initially permit the collection of the residual process water in the existing mine water dam (MWD) for reuse in the plant. During this stage, another water dam that is already approved as the mine water management dam (MWMD) will be constructed downstream of both the MWD and TSF3. This would permit the former MWD to be backfilled with tailings and subsequently permit use of the entire area between the TSF3 and TSF2 walls to be used to store coarse tailings. It would also provide a more suitable dam for water storage and recovery.
It is planned to utilize a water treatment plant to thicken the fine tailings fraction and to provide clarified water for reuse in the processing plant. Historically, the lack of clean recycled water has caused problems in the processing plant, with accelerated wear of equipment and diminished separation performance in the flotation and gravity circuits. It is anticipated that in addition to improving the physical properties of the water, there will be an increased water recovery efficiency, as the tailings are better dewatered prior to disposal.
Almonty chairman, president and chief executive officer Lewis Black said: "We anticipate that this agreement with Crominet will allow us to enhance productivity at Panasquiera and [thus] contribute to improved financial performance. We continue to work with Crominet to assess all our current projects in Spain, Australia and Korea in regard to efficient reprocessing of our tailings. Crominet have expressed that they are extremely comfortable in working with what they consider to be an extremely professional and knowledgeable tungsten team at Almonty. In addition, the conclusions of the updated technical report at the Wolfram Camp mine equally are expected to drive further efficiency of production. These represent further measures deployed by Almonty to provide for increased efficiency in its operations, which has allowed us to weather the downturn in pricing for tungsten concentrate."
About Almonty Industries Inc.
The principal business of Almonty is the mining, processing and shipping of tungsten concentrate from its Los Santos mine in western Spain, its Wolfram Camp mine in north Queensland, Australia, and its Panasqueira mine in Portugal, as well as the development of the Sangdong tungsten mine in Gangwon province, Korea, and the Valtreixal tin/tungsten project in northwestern Spain.

[psycho214]

Antwort auf Beitrag Nr.: 54.802.360 von psycho214 am 25.04.17 18:39:45

https://view.officeapps.live.com/op/view.aspx?src=http://www…

[Nuggeteer]

Mir scheint das ein verzweifelter Versuch zu sein, etwas völlig Abwegiges in die Sache hinein zu interpretieren. Der Aktienkurs soll wohl um jeden Preis gepusht werden. Das lässt mich vermuten, dass wieder irgendeine Deal in der Schwebe ist, bei dem neue Aktien unters Volk gebracht werden sollen und man einen möglichst hohen fiktiven Wert für die neuen Aktien ansetzen möchte. Ich frage mich, wie oft dieser Hütchenspielertrick noch funktionieren soll.

GTP hat Versorgungssicherheit durch Abnahmeverträge und die Verluste bleiben bei Almonty. Das ist der perfekte Deal für GTP, warum in aller Welt sollten sie daran irgendetwas ändern wollen? Außerdem ist das ständige Gefasel von Knappheit reines recht unbeholfenes Marketing. Es gibt mehr als genug Wolfram, das ist ja gerade der Grund für die niedrigen Preise. Und es stehen gleich mehrere Projekte in den Startlöchern, die bald die Produktion aufnehmen wollen, Sangdong ist da nur eines von vielen. Ich sehe eher ein drohendes Überangebot als Knappheit.

[GR11]

Antwort auf Beitrag Nr.: 54.815.902 von GR11 am 27.04.17 08:09:30

26 Apr 2017
Almonty eyes Korea tungsten shipment in 2019
SO PAULO (Metal-Pages) 26-Apr-17. Canada-based tungsten miner Almonty Industries expects to begin shipping concentrate from the 2,000 t/yr Sandong mine in South Korea in the first quarter of 2019.

This comes as Almonty unveils a investment in the company by leading consumer Global Tungsten & Powders (GTP). Pennsylvania-based GTP has taken a 19.9pc stake in Almonty.

Almonty produces 1,100 t/yr of tungsten at each of its Panasceira sites in Portugal and Los Santos in Spain, which is planned to be replaced by output from neighbouring Valtreixal when the mine life comes to an end in the next five years.

It is the first time in GTP's 95 year history that it has taken an ownership position in a tungsten concentrate producer and comes against a background of increased vertical integration in the industry over the past decade.

Under the terms of the deal GTP does not get an Almonty board seat but previous investments of this nature by large commodities consumers have later led to full 'friendly' takeovers.

Neither company has commented on such a prospect but Almonty has continually said that consolidation in the tungsten sector is key to thriving in the tungsten business as it has built up its tungsten reserve base through acquisitions in recent years.

The miner was already selling around half of its output to GTP, but that will decrease when the Sandong project moves into production. Construction at Sandong is planned to start in early summer once a financing deal is been signed as due diligence moves into its latter stages.

"We will commission at the end of next year but won't be shipping probably until the first quarter of the calendar year 2019," Almonty CEO Lewis Black said.

Almonty has put its higher cost 1,100 t/yr Wolfram Camp mine in Queensland, Australia on care and maintenance at least until the end of the year in expectation of higher prices by then, following the completion of upgrade work on the mill.

Benchmark product tungsten APT was assessed stable this week by Argus at $212-217/mtu, although forward shipments from China are approaching the bottom of the range as shutdowns linked to environmental inspections affect prices.

Black said he sees tungsten APT prices reaching $240/mtu by the end of the year as pressure on concentrate prices increases.

-By John Evans in So Paulo
Read more at http://www.stockhouse.com/companies/bullboard/v.aii/almonty-…

[Nuggeteer]

Antwort auf Beitrag Nr.: 54.815.902 von GR11 am 27.04.17 08:09:30

Danke für die Info! Damit wird auch der von mir als utopisch angeprangerte Zeitplan für Sangdong als das Märchen entlarvt, das es immer war. Noch im aktuellen MD&A hieß es zu Sangdong: "The Company is on track, subject to securing appropriate financing, to bring the Sangdong Mine into commercial production in the second half of calendar 2018."

Das war von vornherein utopisch, selbst mit einer schnellen Finanzierung. 1. Wer noch nicht einmal die Finanzierung beisammen hat, der sollte überhaupt nicht von kommerzieller Produktion reden. 2. Der Bau einer Mine dauert mindestens 1 Jahr und das commissioning mit ramp up bis zur Deklaration der commercial production dauert ein weiteres Jahr. Und auch das nur, wenn alles wie am Schnürchen läuft. Der Termin 2018 war also zum Zeitpunkt der Veröffentlichung des Q4-Berichts längst unglaubwürdig.

Jetzt wird also 2019 als neuer Termin "eingeschlichen". Zuerst in einer Meldung nicht von Almonty, sondern von einem Dritten. Als nächstes wird dann in den eigenen Berichten so getan werden, als ob 2019 schon immer das Ziel gewesen sei. Jede Wette!

Dieses Vorgehensmuster wiederholt sich um x-ten Mal. Zuletzt bei der Behauptung, mit dem Bau der Sangdong Mine im zweiten Quartal 2016 zu beginnen. Im Januar 2017, also über ein halbes Jahr nach dem angeblichen Baubeginn, gab man zu Protokoll, dass man nun "ahead of schedule" die Genehmigung zum Bau erhalten habe. Wen glaubt Almonty mit der totalen Verdrehung der Tatsachen verarschen zu können?

Was das Management dieser Firma in all den Jahreen nicht begriffen hat, ist dies: Under promise and over-deliver lautet das Rezept für Erfolg. Almonty macht es genau umgekehrt und deshalb reiht sich eine Enttaeuschung an die nächste, mit entsprechender Entwicklung des Aktienkurses.

[GR11]

26 Apr 2017
Almonty eyes Korea tungsten shipment in 2019
SÃO PAULO (Metal-Pages) 26-Apr-17. Canada-based tungsten miner Almonty Industries expects to begin shipping concentrate from the 2,000 t/yr Sandong ...

http://www.metal-pages.com/news/story/99351/almonty-eyes-kor…

[psycho214]

Antwort auf Beitrag Nr.: 54.687.032 von psycho214 am 06.04.17 09:04:55

[GR11]

Und weiter gehts...

http://www.stockhouse.com/news/press-releases/2017/04/24/alm…

[Nuggeteer]

Antwort auf Beitrag Nr.: 54.791.092 von Nuggeteer am 24.04.17 14:34:53

Zitat von Nuggeteer: Die Wandelschuldverschreibungen wurden von Almonty auch nicht getilgt. Eine Umwandlung in Aktien scheint versperrt, da auch in diesem Fall der Anteil der DRAG an AII über die 20%-Schwelle steigen würde. Es bleibt also praktisch nur die Zwangs-Verlängerung der Laufzeit. Und bisher ist es ja auch immer genau so gelaufen.

Alles wie erwartet! Und es hat nicht einmal 24 Stunden bis zur offiziellen Bestätigung gedauert.

http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0002…

[Nuggeteer]

Ja, Almonty hat 34,806,205 Aktien für Woulfe bezahlt. Deren Wert beträgt heute C$9,4M. Davon 8,8% sind C$827.000. Herzlichen Glückwunsch.