Deepgreen News. - 500 Beiträge pro Seite

[Johnger]

Es gibt neue News vom Deepgreen. Announcement wegen eine neue Study in Bangladesh. Kann jemand mir sagen das alles heisst ?

Danke
JC

[Johnger]

Wann jemand nicht die News im Internet nicht finden kann, kann ich faxen.... Alles ist in English.

[suleiman]

kannste es auch per email schicken?
wenn ja: [e-mail]

Danke

[Johnger]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[CFC-Fan]

News zu Deepgreen würden mich auch interessieren. Wäre schön, wenn jemand die News auf Deutsch hier reinstellen könnte.

Gruss
CFC-Fan

[jp moggaeaen]

Document date: Tue 31 Oct 2000 Released time: Tue 31 Oct 2000 12:19:26
Document No: 169373 Document part: A
Market Flag: Y
Classification: First Quarter Activities Report, First Quarter Cashflow Report

DEEPGREEN MINERALS CORPORATION LIMITED 2000-10-31 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
REPORT FOR THE THREE MONTHS ENDED 30 SEPTEMBER, 2000

HIGHLIGHTS

* Cassiar project in production; restructuring proposed

* Asia Energy advances Phulbari project

* Pageton overcomes production delays

* Samroc commences expansion study

* IMC increases telecom interest

MORE TO FOLLOW


Document date: Tue 31 Oct 2000 Released time: Tue 31 Oct 2000 13:22:06
Document No: 169373 Document part: B
Market Flag: Y
Classification: First Quarter Activities Report, First Quarter Cashflow Report

DEEPGREEN MINERALS CORPORATION LIMITED 2000-10-31 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
CASSIAR MAGNESIUM INC (CMI)

The magnesium silicate processing plant at Cassiar in northern
British Columbia, Canada, continued production at an annual rate of
27,000 tonnes of chrysotile fibre during the quarter. Production
bettered the plant`s nominal capacity of 24,000 tonnes annually. The
mining rate was higher than normal as ore and tailings were
stockpiled at the plant site to enable fibre production to continue
over the winter months. Negotiations continued during the quarter on
CMI`s proposals to develop a magnesium metal production facility
based on the Cassiar resources.

After the close of quarter, CMI announced that it would undertake a
restructuring to retire debt and raise an additional CAD$3 million
from shareholders. Deepgreen entered agreements to acquire further
debt owed by CMI to other parties. On completion of these agreements
and subject to CMI shareholders approval of the restructuring,
Deepgreen`s interest in CMI will increase to approximately 15 million
of CMI`s 60 million shares then on issue.

ASIA ENERGY CORPORATION (AEC)

Deepgreen owns 65% of AEC, owner of a coal deposit and power station
development project at Phulbari in Bangladesh.

A consultant, Geo-Eng International Pty Ltd, conducted a
pre-feasibility study during the quarter on the development of the
Phulbari coal deposit at a production rate of 9 million tonnes
annually primarily to supply a proposed associated power generating
facility.

Geo-Eng`s conclusion was that "based on available data, it is
considered the project is technically and financially viable". The
net present value of such a project over a 35 year life was
calculated at $1.6 billion. A program of key works for the next stage
of development has been outlined by Geo-Eng. This program would lead
to the production of a full, bankable feasibility study of the
proposals.

Deepgreen is evaluating the proposals and options available to it,
including he introduction of partners for AEC to advance the project.
This includes drill testing for shallower extensions of the coal
deposit.

PAGETON

Deepgreen owns 100% of the Pageton project through Deepgreen West
Virginia Inc.

Production from the Pageton property in West Virginia, US, for the
quarter was 19,447 tonnes of mainly fine coal for revenue of
$258,039. This compares with production of 27,891 tonnes for revenue
of $211,583 in the June quarter.

The commencement of mining from the outcrop of the Pocahontas No 3
seam was delayed. The highwall miner used for initial trial
production was replaced by augur mining equipment and a new
contractor was engaged. This involved gaining a new set of permits to
allow mining to resume.

Augur mining commended early in October. Initial production was
successful, indicating that a mining rate of 400 tonnes per day may
be sustainable. Coal prices in the US firmed during the quarter.

The dredge and fine coal processing plant are on site. A decision to
increase fine coal production by installing the equipment will be
made once the augur operation is in full production and a regular
cash flow is established. Discussions on introducing a North American
partner to the venture continued without result during the quarter.

SA MINERAL RESOURCES CORP (SAMROC)

Deepgreen has a 30% interest in Samroc which commissioned its Green
Hills manganese processing plant at Graskop in South Africa during
the quarter.

The plant has a capacity to produce 5,000 tonnes of manganese
sulphate and 4,000 tonnes of manganese oxide annually. Samroc has
commenced a study into the feasibility of producing a higher value
product, electrolytic manganese dioxide (EMD) to supply high quality
manganese to battery manufacturers.

EMD sells internationally for around US$1500 a tonne compared with
prices in the range of US$270-500 a tonne for manganese sulphate. As
well as its interest in Samroc shares, Deepgreen has advanced loans
funds to the company.

INDIAN MINING CORPORATION LTD (IMC)

Deepgreen increased its interest in IMC after underwriting its issue
of preference shares which closed in late June. Subsequent to the
close of the September quarter, Deepgreen sold its interest in IP
Services Inc of the US to IMC. Deepgreen now holds 72.2 million
ordinary shares, 4.6 million preference shares and 4.3 million
options in IMC.

IMC has acquired a 51% interest in IP Services and has stated since
the close of the quarter, that it is investigating the possibility of
acquiring the balance of the company. IP Services has established
telephone networks in Colorado and Marylands in the US and is
planning to expand in other states.

Deepgreen has assisted the funding of IMC and IP Services to its
present stage of development which includes the current upgrade of
its Colorado network from a retail to a wholesale service and an
initial roll out of its Maryland network.

IMC recently reported that it estimated IP Services will increase its
revenue from the current US$1.6 million annually to US$300 million by
2003 as it expands its network and upgrades the services its advanced
networks offer.

COSTERFIELD

Discussions are taking place with IMC on the possibility of
amalgamating Deepgreen`s mining licences at Costerfield, Victoria,
with those held by IMC and its subsidiaries. The amalgamation of the
licences would improve the development prospects of Costerfield by
rationalising exploration an improving the prospects of supporting
further processing of Costerfield`s antimony and gold ore.

INVESTMENTS AND CORPORATE

Deepgreen`s portfolio of investments had a market value of $9.1
million at September 30 compared with a cost of $10.6 million.

A new pro rata issue of preference shares at 20 per preference share
was made to shareholders under a prospectus dated 19 September and a
supplementary prospectus dated 16 October. The issue is scheduled to
close on 2 November.


J Debrodt
COMPANY SECRETARY


MORE TO FOLLOW


Document date: Tue 31 Oct 2000 Released time: Tue 31 Oct 2000 12:26:26
Document No: 169373 Document part: C
Market Flag: Y
Classification: First Quarter Activities Report, First Quarter Cashflow Report

DEEPGREEN MINERALS CORPORATION LIMITED 2000-10-31 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
MINING EXPLORATION ENTITY QUARTERLY REPORT

Name of entity
Deepgreen Minerals Corporation Limited

ACN or ARBN Quarter ended ("current quarter")
008 744 983 30/09/2000

CONSOLIDATED STATEMENT OF CASH FLOWS

Cash flows related to Current Year to date
operating activities Quarter (3 months)
AUD`000 AUD`000
1.1 Receipts from product sales
and related debtors 262 262
1.2 Payments for
(a) exploration and evaluation (50) (50)
(b) development - -
(c) production (197) (197)
(d) administration (350) (350)
1.3 Dividends received - -
1.4 Interest and other items of
a similar nature received 12 12
1.5 Interest and other costs of
finance paid (1) (1)
1.6 Income taxes paid - -
1.7 Other (Sundry) 2 2

Net Operating Cash Flows (322) (322)

Cash flows related to investing activities
1.8 Payment for purchases of:
(a) prospects - -
(b) equity investments (440) (440)
(c) other fixed assets (195) (195)
1.9 Proceeds from sale of:
(a) prospects - -
(b) equity investments 261 261
(c) other fixed assets - -
1.10 Loans to other entities (3) (3)
1.11 Loans repaid by other entities 125 125
1.12 Other (provide details if material) - -

Net investing cash flows (252) (252)

1.13 Total operating and
investing cash flows (574) (574)

Cash flows related to financing activities
1.14 Proceeds from issues of
shares, options, etc. 16 16
1.15 Proceeds from sale of
forfeited shares - -
1.16 Proceeds from borrowings 487 487
1.17 Repayment of borrowings (1) (1)
1.18 Dividends paid - -
1.19 Other (capital raising costs) - -

Net financing cash flows 502 502

Net increase (decrease) in cash held (72) (72)

1.20 Cash at beginning of quarter/
year to date 158 158

1.21 Exchange rate adjustments to item 1.20 - -

1.22 Cash at end of quarter 86 86


PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES AND ASSOCIATES OF THE RELATED ENTITIES

Current Quarter
AUD`000

1.23 Aggregate amount of payments to
the parties included in item 1.2 6

1.24 Aggregate amount of loans to the
parties included in item 1.10 3

1.25 Explanation necessary for an understanding
of the transactions

(i) Relates to directors fees paid
(ii) Relates to loan given to Arcourt Resources NL an associate

NON-CASH FINANCING AND INVESTING ACTIVITIES

2.1 Details of financing and investing transactions which have had a
material effect on consolidated assets and liabilities but did
not involve cash flows

None

2.2 Details of outlays made by other entities to establish or
increase their share in projects in which the reporting entity
has an interest

None


FINANCING FACILITIES AVAILABLE
Add notes as necessary for an understanding of the position.

Amount Amount
available used
AUD`000 AUD`000

3.1 Loan facilities 500 500
3.2 Credit standby arrangements - -


ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER AUD`000

4.1 Exploration and evaluation 100
4.2 Development -

Total 100


RECONCILIATION OF CASH

Reconciliation of cash at the end Current Previous
of the quarter (as shown in the quarter quarter
consolidated statement of cash flows) AUD`000 AUD`000
to the related items in the accounts
is as follows.

5.1 Cash on hand and at bank 79 115
5.2 Deposits at call 7 43
5.3 Bank overdraft - -
5.4 Other (provide details) - -

Total: cash at end of quarter (item 1.22) 86 158


CHANGES IN INTERESTS IN MINING TENEMENTS

Tenement Nature of Interest at Interest
reference interest beginning at end of
(note(2)) of quarter quarter

6.1 Interests in
mining tenements
relinquished,
reduced or lapsed - - - -

6.2 Interests in
mining tenements
acquired or
increased - - - -


ISSUED AND QUOTED SECURITIES AT END OF CURRENT PERIOD
Description includes rate of interest and any redemption or
conversion rights together with prices and dates.

Category of Number Number Issue Paid-up
securities issued quoted Price value
(cents) (cents)
7.1 Preference
securities
(description) 1,246,736 1,246,736 - -


7.2 Changes during
quarter
(a) increases through
issues 61,670 61,670 20 20
(b) decreases through
returns of capital
buybacks,
redemptions 97,105 - - -


7.3 Ordinary
securities 1,569,419,097 1,569,419,097 - -


7.4 Changes during
quarter
(a) increases through
issues 1,942,100 1,942,100 1 1
(b) decreases through
returns of capital
buybacks - - - -


7.5 Convertible debt
securities
(description and
conversion factor) - - - -


7.6 Changes during
quarter
(a) increases through
issues - - - -
(b) decreases through
securities matured,
converted - - - -


7.7 Options (convertible Exercise Expiry
to 10% redeemable convertible price date
cumulative pref shares) (cents)

2,533,530 2,533,530 20 30/06/2001

7.8 Issued during
quarter - - - -


7.9 Exercised during
quarter 61,670 - - -


7.10 Expired during
quarter - - - -


7.11 Debentures
(totals only) - -

7.12 Unsecured notes
(totals only) - -


COMPLIANCE STATEMENT

1 This statement has been prepared under accounting policies which
comply with accounting standards as defined in the Corporations Law
or other standards acceptable to ASX.

2 This statement does/does not give a true and fair view
of the matters disclosed.

J Debrodt Date: 31/10/2000
COMPANY SECRETARY