Nickel - 500 Beiträge pro Seite

[dosto]

13.02.2007 - 12:53 Uhr
Outokumpu will finnische Nickelmine verkaufen
HELSINKI (Dow Jones)--Die Outokumpu Oyj will ihre Nickelmine Hitura in Finnland an das kanadische Unternehmen Belvedere Resources Ltd verkaufen. Wie der finnische Metallkonzern mitteilte, haben beide Seiten ein Memorandum of Understanding über die Transaktion unterzeichnet, die einen Wert von 10 Mio EUR haben und bis Ende Mai abgeschlossen sein soll. Der endgültige Vertragsabschluss sei für Ende März vorgesehen, hieß es. Hitura ist das letzte verbliebene Asset des Bergbauprogramms von Outokumpu, aus dem sich das Unternehmen seit 1999 verabschiedet. Die Mine produziert jährlich etwa 2.200 t Nickel in Konzentrat. Im Zusammenhang mit der Transaktion will Belvedere auch die volle Eigentümerschaft an der Suomen Nikkeli Oy erwerben, an der sie bisher mit 45% beteiligt ist. Mit den Assets von Hitura und den Explorationszielen von Suomen Nikkeli werde Belvedere ein bedeutender Faktor im finnischen Nickelbergbau, erklärte Outokumpu. DJN/DJG/bdz/13.2.2007

[dosto]

15.02.2007 - 12:49 Uhr
Wandel im Nickelbergbau lässt dauerhaft höhere Preise erwarten
SYDNEY (Dow Jones)--Ein fundamentaler Wandel im Nickelbergbau wird nach Ansicht von Analysten zu dauerhaft höheren Produktionskosten führen und auch mehr Risiken mit sich bringen. Deshalb dürften die Preise des Metalls in der Zukunft auf einem hohen Niveau bleiben. Barclays Capital schreibt in einem Bericht, die durchschnittlichen Kosten zur Produktion einer Tonne Nickel hätten sich zwischen 2000 und 2006 fast verdreifacht. Demgegenüber hätten die Produktionskosten bei Kupfer im selben Zeitraum nur um 50% zugenommen. Der starke Anstieg bei Nickel liege an der Verlagerung weg von sulfidischen Vorkommen hin zur energieintensiveren Verarbeitung von Lateriterzen, führte Barclays aus. Etwa 85% der neuen Nickelprojekte würden Lateriterze ausbeuten. Ein komplizierter Bergbauprozess und etliche Umweltprobleme seien der Grund dafür, dass sich die Nickelindustrie auf weitere Verzögerungen und Kostenüberschreitungen gefasst machen müsse.

Die Analyse eines Baskets von Projekten zeigt nach Aussage eines Nickelanalysten, dass ein Nickelpreis von rund 6 USD/lb (13.224 USD/t) erforderlich ist, um eine für das Erreichen eines ausgeglichenen Markts notwendige Kapazität zu rechtfertigen. Das liegt zwar weit unter den derzeitigen Rekordpreisen von etwa 37.500 USD/t - der historische Preisdurchschnitt setzt Nickel eher bei einer Bandbreite von 7.000 bis 9.000 USD/t an. Die gravierenden Zeit- und Kostenprobleme bei den großen Projekten Ravensthorpe (Australien) von BHP Billiton und Goro (Neukaledonien) von CVRD lassen aber erwarten, dass die Nickelnachfrage auch künftig dem Angebot davon laufen wird, denn Chinas Bedarf scheint ungebrochen. Bei Goro und dem anderen CVRD-Projekt Vermelho in Brasilien kommen noch starke Umweltbedenken hinzu. Hier handelt es sich um rund die Hälfte der momentan in Entwicklung befindlichen Lateritprojekte. Beide nutzen Hochdruck-Säure-Laugung zur Extraktion von Nickel und hinterlassen schwermetallhaltige flüssige Abfallstoffe. Während das bei Ravensthorpe im trockenen Australien wenig Probleme verursacht - hier verdampft die Flüssigkeit in speziell entwickelten Becken - stellt es im tropischen Klima Brasiliens und Neukaledoniens einen gewichtigen Grund zur Besorgnis dar. Und es bleibt ein Problem: Rund 72% der weltweiten Nickelvorkommen sind lateritisch und finden sich vor allem in den Tropen, in Indonesien, Kuba, Brasilien und Neukaledonien. DJN/DJG/bdz/15.2.2007

[dosto]

GlobeStar discovers new nickel zone in Dominican Republic
Source: Dominican Today



See also
Nickel Mining Board
Nickel Mining CatalogGlobeStar Mining Corporation announced the new discovery of nickel bearing laterites at Loma Mala in the Dominican Republic.

This interval is the highest individual nickel assay GlobeStar has reported to date.

Loma Mala has previously never been drilled and is located 1.5 kilometers southwest of GlobeStar's Cumpie Hill nickel laterite discovery and less than 8.5 kilometres from Xstrata's Falcondo nickel smelter.

"With this new discovery of high grade nickel at Loma Mala, coupled with the previously announced discoveries at Cumpie Hill, Corozal and Cercedillo, the scout drilling program on the company's extensive nickel laterite land position has been highly successful and continues to show promise", said Bill Fisher, CEO of GlobeStar. "Both Cumpie Hill and Loma Mala are located within a kilometer of Xstrata's Loma La Peguera nickel concession."

These latest results are from the 15-hole program (324m). Holes LATD 51 through 58 were located on moderately prospective areas and did not intersect significant nickel mineralization.

Of the remaining 7 holes released today, 5 holes were located on the Loma Mala ridge and returned the highest results for this phase of the program. They were drilled on an area with maximum dimensions of 600 metres by 300 meters, with the highest grades recovered from the northern part of this target area.

The nickel drilling program will resume once the pit geotechnical drilling at the company's 100% owned Cerro de Maimon copper mine is completed and will focus on discovery of new nickel discoveries along the complete nickel laterite belt held by GlobeStar.


Ticker . CA:GMI

[dosto]

13 February 2007

Atlas Consolidated: Chinese imports of nickel ore to surge
Source: Shanghai Daily

Atlas Consolidated Mining & Development Corp has said it plans to ship 45,000 metric tons of low-grade nickel ore from the Philippines to China this month, more than doubling January's exports to the world's biggest consumer of refined nickel.

The company, the second-largest Philippine miner by market value, exported 19,000 tons of the ore to China from its Berong mine last month, Atlas Executive Vice President Martin Buckingham said in an interview in Manila, without naming the company buying the ore.

China's imports of low-grade nickel ores from the Philippines may reduce pressure on global stockpiles of the refined metal, which fell to the lowest in 15 years on February 6. Nickel prices have more than doubled in the past year, prompting China to produce more of the metal from cheaper imported ores.

"One of the most important developments in the nickel market over the past 15 months has been the massive increase in China's production of low-grade ferronickel," Goldman Sachs JBWere Pty Ltd, the Australian affiliate of the world's most profitable investment bank, said on Friday.

Nickel for delivery in three months on the London Metal Exchange fell one percent, to US$35,800 a ton as of 9:13am local time yesterday. The metal traded at a record US$38,950 on January 26.

"China is where most of the demand is," Buckingham said. China increased production of nickel from low-cost laterite ores last year as the price of the refined metal surged.

Laterite ores, containing nickel and cobalt, are processed using blast furnaces into nickel pig iron, containing about one to three percent nickel that can be used by stainless steel makers to produce goods such as sinks, cutlery, pots, pans and appliances.

Auch bei Nickel kann man mit der Sau handeln.

Ich mache darauf aufmerksam, daß es sich hierbei nicht um
die berüchtigte -MOLYSAU- von WARREN- handelt.
Beide Säue sind weder verwandt noch verschwägert.

[invest2002]

wo liegen denn die grössten nickelvorkommen weltweit und von welchen firmen werden sie ausgebeutet...gibt es da eine übersicht irgendwo...

invest2002

[invest2002]

Antwort auf Beitrag Nr.: 27.727.267 von dosto am 15.02.07 17:40:28

http://www.mapsofworld.com/minerals/world-nickel-producers.h…

hier einmal eine seite

invest2002

[dosto]

Antwort auf Beitrag Nr.: 27.806.123 von invest2002 am 18.02.07 20:23:54

Neukaledonien:
machen die Franzosen und Brasillianer

Canada:
machen die Brasilianer

Australien:
machen die Großen , und ne handvoll kleine.

Mindereres Material gibts weltweit verteilt, man kann nicht mal sagen wiebiel vorhanden sein könnte.

Brasilien: hat ne ganze Menge, weder exploriert, größtenteils
noch gar nicht genau geordet. Aber es gibt Abbauprobleme wegen
der Umwelt. Ansonsten ist das Land Selbstversorger.

Rußland liegt ne ganze Menge rum, aber auch dort keine genauen Zahlen vorhanden, werden wir auch nicht kriegen.
Aber Rusland ist bestimmt auch Selbstversorger.

Die Probleme sind man braucht sehr,sehr große Minen, weil
man enorm investieren muß. Die kleinen alleine bringens nun mal nicht.

Zukünftig wird auch eine Menge aus dem Recyling kommen, leider gibts auch
da keine Zahlen, es ist die große Unbekannte.

Ansonsten werden wir auf Supply-Demand
noch zu sprechen kommen.
Ich will aber neue Zahlen haben.

[dosto]

Jubilee Mines first half profits up 362% to $107.6m
Source: WA Business News

West Perth-based nickel producer Jubilee Mines NL has announced a $107.6 million first half net profit after tax, a 362 per cent increase on the $23.3 million recorded in previous period.

With a revenue of $244.9 million – up 186 per cent – and an earnings per share rate of 83.2 cents, the company said the increase in profitability was largely due to a strong nickel price.

The result included a $11.8 million write-off of exploration and evaluation expenditure.

The full text of a company announcement is pasted below

Jubilee Mines NL today announced a record $107.6 million net profit after tax for the six months to 31 December 2006, representing an all-time record financial performance driven by record nickel prices and strong production. The result – which included an $11.8 million write-off of exploration and evaluation expenditure – exceeds the Company's previous record $103.4 million net annual profit for 2005/06.

On the strength of the excellent result, Jubilee's Board has declared a record interim fully franked dividend of 30 cents per share (2005: 13 cents), representing the Company's highest ever dividend payment. This dividend will be paid on 20 March 2007 to shareholders registered on 7 March 2007.

The outstanding financial performance reinforces Jubilee's position as Australia's premier mid-tier nickel producer. At the same time, the strong cash generation of the Company's 100%-owned Cosmos Nickel Operations continues to underpin Jubilee's organic growth strategy, with several new mine developments either currently underway or anticipated and a major $20 million exploration budget for the first half of calendar 2007.

The result for the 6 months to 31 December 2006 was achieved on a 186% increase in sales revenue to $244.9 million (2005: $85.5 million), which was principally due to higher realised nickel prices. Pre-tax earnings increased by 360% to $154.5 million (2005: $33.6 million), while gross profit increased by 409% to $177.8 million (2005: $34.9 million). The net profit translated into record earnings per share (basic) of 83.2 cents (2005: 18.2 cents).

The bottom line result included an $11.8 million write-off of exploration and evaluation expenditure, reflecting a continued prudent approach to the Company's financial management.

At the 31 December 2006 balance date, Jubilee had cash and cash equivalents of $226.1 million (2005: $47.4 million) and trade and other receivables of $72.3 million (2005: $57.3 million), equating to a record cash and receivables position of $298.4 million.

Production for the 6-month period from the Cosmos Nickel Operations in Western Australia increased slightly to 5,387 tonnes of nickel-in-concentrate (2005: 5,380 tonnes) from 111,961 tonnes of ore processed at an average head grade of 5.08% nickel (2005: 5.33% nickel). During the period, 26,479 tonnes of nickel concentrate was sold compared with 25,718 tonnes in the previous corresponding period.

The increase in profitability was predominantly attributable to upward movements in the nickel price, with positive flow-through adjustments accruing to the pipeline system for concentrate shipments to Inco Limited. Cash operating costs (before royalties) increased to A$4.23/lb (US$3.23/lb) from A$3.23/lb (US$2.42/lb) previously, with approximately 85c/lb of this increase resulting from nickel price participation and 15c/lb attributable to increased direct operating costs.

Jubilee's Executive Chairman, Mr Kerry Harmanis, said the record result reflected a combination of better than expected production and record nickel prices.

"Fortunately, we have been able to continue to capitalise on an exceptional period in the world nickel market, which remains dominated by strong demand and limited new supply," Mr Harmanis said. "As well, despite an escalating cost environment, we have been able to maintain a tight rein on operating costs at Cosmos, with most of the increase resulting from participation in increased treatment and refining charges arising from the higher nickel price."

"It is pleasing to be able to reward shareholders with a record dividend," Mr Harmanis said. "This represents a slightly lower payout ratio of approximately 36%, which reflects our anticipated capital requirements going forward with the development of new mines at Alec Mairs 2, Tapinos/Prospero and potentially at Sinclair, as well as our increased exploration commitment."

"Our approach to capital management is designed to ensure that Jubilee can continue, as far as possible, to internally fund new mine developments and exploration as part of our organic growth strategy, while remaining debt-free," he added. "These mine developments will provide the foundation for the long term growth and sustainability of the Company's planned production increase and underpin continued returns to shareholders in the future."

Mr Harmanis said the first half of 2006/07 had been successful from both an exploration and development perspective, with excellent progress achieved with new mine developments at Tapinos/Prospero and Alec Mairs 2, and significant additions made to the Company's nickel resource inventory.

"During the period, some 108,000 tonnes of nickel metal was added to our total resource inventory, including 48,000 tonnes of high-grade ore attributable to the Prospero resource upgrade and the initial resource estimate for Alec Mairs 2, and 60,000 tonnes attributable to the upgrade in the Anomaly 1 low-grade disseminated deposit," he said.

"Following the recent upgrade in the high-grade Sinclair resource, the Company's nickel resource inventory now comprises over 131,000 tonnes of high-grade sulphide material and almost 330,000 tonnes of low-grade disseminated resources," he said."

[dosto]

23.02.2007 - 13:20 Uhr
BHP Billiton will sich im philippinischen Bergbau engagieren
MANILA (Dow Jones)--Die BHP Billiton Ltd will nach Angaben des philippinischen Umweltschutzministers Angelo Reyes 800 Mio bis 1,5 Mrd USD in den Bergbau des Inselstaats investieren. Dazu solle auch eine Nickelanlage gehören, mit deren Bau bis 2010 begonnen werde und die dann zwei Jahre später voll betriebsbereit sein solle. Das Unternehmen konzentriere seine Anstrengungen auf die Nickelerzreserven der Halbinsel Pujada in der Provinz Davao Oriental, die auf 150 Mio t mit einer Gradierung von 1,3% Nickel geschätzt würden. Die Jahreskapazität der Verarbeitungsanlage bezifferte Reyes auf 50.000 t. Außerdem stehe BHP in Verhandlungen mit der lokalen Bergbaufirma Benguet Corp über ein mögliches Joint-Venture-Projekt bezüglich der Nickel-Bergbaukonzession von Benguet in der Provinz Zambales. Neben BHP seien noch die kanadische CVMR, die japanische Sumitomo Metal Mining Co und die chinesischen Gesellschaften CITIC und Jinchuan Group an Investitionen im Nickelbergbau der Philippinen interessiert.


Die Nickelproduktion des Landes hatte sich 2006 auf 50.637 t von nur 16.972 t im Jahr 2004 erhöht. DJN/DJG/bdz/23.2.2007

[dosto]

Xstrata bids $4bn for Canada's LionOre
Source: Mining Weekly

LSE- and ZSE-listed diversified miner Xstrata announced on Monday that it had entered into an agreement to buy all of the issued and outstanding shares of nickel producer LionOre for $15,96 a share, valuing the transaction at $4-billion, or R28,9-billion.

The friendly takeover bid represented a 5,8% premium on the closing price of LionOre's shares on March 23, of $15,09 each, on the TSX, and a 16,5% premium on the volume weighted average price of the lionOre shares over the past 30 trading days on the Toronto bourse.

Xstrata, led by South African Mick Davis, said in a statement that, according to the agreement, LionOre had the right to accept a superior proposal, which it would have the right to match, but LionOre would have to pay Xstrata a $112-million termination payment if the acquisition was not completed because of a superior proposal.

LionOre's shares responded positively to the announcement, increasing by 6,81%, to trade at £8,07, or R114,32, in early Monday trading in London.

Xstrata's stocks were trading up by 1,28%, to £26,11, or R369,87, early on Monday.

LionOre's board had unanimously approved entering into the agreement, and recommended that shareholders accept the offer.

"The bid offers clear value for our shareholders, and also positions our operations and employees as part of a growing, successful global nickel producer," LionOre president and CEO Colin Steyn said.

Xstrata Nickel, the fourth-largest producer in the world, said that the combination of LionOre with Xstrata Nickel brought together two "very complementary" businesses, and created significant opportunity for the enlarged Xstrata Nickel business.

"With LionOre, we unleash opportunities to create value through additional production, strong synergy potential, access to new markets and increased opportunities for growth, and through optimisation of technology," Xstrata Nickel CEO Ian Pearce stated.

The aquisition would be funded by Xstrata's existing credit facilities and cash on hand.

The offer documents were expected to be mailed by April 6. It would be open for acceptance for a period of not less than 35 days and would be conditional upon, among other things, valid acceptances of the offer by LionOre shareholders owning not less than 66,6% of the LionOre shares on a fully-diluted basis.

In connection with the offer, certain shareholders, including directors and officers of LionOre, had entered into irrevocable lock-up agreements with Xstrata, pursuant to which they had agreed to deposit all of their LionOre shares under the offer, subject to certain exceptions, representing some 19% of the issued and outstanding LionOre shares.

LionOre is an international nickel and gold producer with mining operations in Australia, Botswana and South Africa.

The LionOre shares are listed on the Toronto, Australian, London and Botswana stock exchanges.

[dosto]

yep,

ganz in Ruhe war erst mal der Nickel-Markt, der Rohstoffmarkt.

die kleinen unbekannten ganz vorne

Ca:LBE 500 %

das Ca laß ich jetzt weg

ROK 450 %
CHL 350 %
BLE 350 %
ASN 340 %
HNC 250%
CRO 300%
BMC 180%
MOl 240%
TTQ 230%

AU:SMY 375%
MRE 200%
AGM 175 %

claro, sind hier alle Stahlveredler zusammengefaßt ,
Moly, Wolfram etc.


unterperforment:

CA:SUL 60 % plus
TYS 50 % Minus.

d
Die Liste ist nicht vollständig, sie umfaßt lediglich mein Engagement.

Alle leben wir noch vom starken Nickelpreis, dieser stützt auch
alle Cocktailzugaben.
Wer haT DER HAT;;
WER NIX DAVON HAT
SOLL GUCKEN WO ER BLEIBT; ES WIRD SCHWER FÜR IHN:

uND NUN DIE ÜBLICHE dOSTO-pROVE

HALLO LIEBE -ble-LER

eure Aktie ist fundamental nach dem Cash Flow System
aussreichend bewertet.
Na mal sehen was mir jetzt um die Ohrfen gehauen wird.

Aber so wies steht: bleibts stehen.

[dosto]

Atlas starts nickel project
Source: Manila Standard Today


Berong Nickel Corp., a unit of Atlas Consolidated Mining and Development Corp., is infusing fresh investments of P1.2 billion into a new facility that will produce beneficiated nickel ore in Quezon, Palawan.

The facility will have a capacity to process 1.47 million metric tons of nickel ore per year.

Beneficiated nickel ore is partly processed but still considered a raw mineral and needs further refining.

Other mining companies that produce beneficiated nickel ore in the Philippines are Taganito Mining in Surigao mainland, Hinatuan Mining in Hinatuan Island, also in Surigao, Rio Tuba Mining and the Platinum Group, which are both mining in Palawan.

The Philippines is geographically favorable for nickel deposits. The country's islands are composed of ultramafic and basic rocks, which host nickel deposits.

Berong has received a special mines permit from the government and is set to start full-scale commercial mining of laterite nickel ore in Palawan. The permit issued by the Department of Environment and Natural Resources is valid for one year from Nov. 15, 2006 and may be renewed for another year.

The special mines permit allows Berong to start mining operations while it completes a feasibility report as part of the requirements for its application for a commercial mineral production sharing agreement.

The MPSA is one of the provisions under the Philippine Mining Act in which the government awards to a contractor the exclusive right to conduct mining operations within a contracted area, and shares in the mineral production either in kind or in value.

The Berong nickel project is a joint venture between Atlas, Toledo Mining Corp. and Investika Ltd.

In an earlier disclosure to the Philippine Stock Exchange, parent firm Atlas, which is publicly held, said customer demand for the laterite ore was strong, with demand far exceeding supply.

Atlas said negotiations were well-advanced for the long-term (at least four years) supply of up to 50 percent of the mine's output to the BHP/QNI plant at Townsville, Australia.

There are also ongoing talks with numerous Chinese and Japanese customers for a shorter-term supply of up to two years.

The Berong nickel project has been developed into a commercial mining operation in under one year from the time initial test pitting and sampling started.


Toledo Mining : UK:TMC heute auf all time high

[dosto]

18 April 2007

Nickel market in deficit in first two months
Source: Hoovers



See also
The global nickel market recorded a deficit of 19,000 tons during January and February 2007, the World Bureau of Metal Statistics said Wednesday, with reported stocks some 3,000 tons lower.

Mine production in January to February 2007 was at 253,100 tons, 14% above the 2006 total.

Refined production was 6% above the year-earlier total, with output increases in China, South Africa and Canada accounting for most of the higher output, WBMS said.

World demand was 42,000 tons higher than the previous year. No allowance is made in the consumption calculation for unreported stock changes, WBMS said.

In February, nickel smelter production was 113,800 tons and consumption was 127,000 tons.

[dosto]

South Korea Starts Molybdenum Smelter, Eyes Exports to Japan

By Meeyoung Song

May 13 (Bloomberg) -- South Korea, the world's fifth- largest steelmaking nation, opened the nation's first smelter for molybdenum, used to strengthen the alloy, to cut costs and export to Japan and Taiwan amid surging prices.

The smelter, located in Yeosu, 455 kilometers (283 miles) south of Seoul, will have initial production capacity of 6,000 metric tons a year, making it the world's seventh-largest, Korea Resources Corp. said in a statement today. The plant, which will supply about half its output to Posco, may double its capacity starting next year, the company said.

The smelter will help South Korea, Asia's third-largest economy, reduce dependence on refined imports from China and Chile and tap rising demand from steel mills. Global molybdenum prices have increased 25 percent in the past year, according to Metal Bulletin magazine.

``It's a smart move,'' said Mark Pervan, head of research at Daiwa Securities SMBC, in Melbourne. ``There's going to be very strong underlying demand for nickel substitute products like molybdenum and chromium,'' over the next three to four years, he said.

The new smelter will initially meet 35 percent of domestic demand and save about 130 billion won ($140 million) in imports, the government-owned energy and mineral resource explorer said. The plant will meet 70 percent of domestic demand when it doubles capacity.

Ore Is Cheaper

Importing molybdenum ore is 10 percent to 13 percent cheaper than buying the refined product and the smelter will break even in about five and a half years, said Youn Cheal Hean, a director general at Korea Resources' business development team.

``Global demand for molybdenum is growing 5.2 percent every year, while there is a shortage of smelting facilities,'' Lee Han Ho, Chief Executive Officer at state-run Korea Resources said to reporters on May 11 at the opening ceremony of the plant in Yeosu. ``This smelter will enable us to even become an exporter. We plan to export to Japan and Taiwan.''

The smelter, a joint venture between Korea Resources and KTC Korea Co., a metals trader, will initially receive 670 tons of molybdenum ore a year from a mine in Uljin, 330 kilometers southeast of Seoul, Korea Resources said. The mine, the only molybdenum mine in the country so far, has estimated reserves of 3.7 million tons. Lee said Korea Resources has plans to explore and develop more mines in the country, without elaborating.

Smelter Sales

Molybdenum accounts for 1 percent of the volume of the raw materials used to make stainless steel, and 20 percent of the value because of its price. The smelter plans to post sales of 200 billion won next year and double that figure to 400 billion won by 2010, the company said.

China, home to the world's biggest molybdenum deposits, will soon issue licenses and impose quotas on exports of the commodity, Wu Wenjun, general manager of China Molybdenum said in March. The country imposed a 10 percent export tax on ferro- molybdenum from November 2006, after canceling an export tax rebate from January 2005. It also set thresholds for molybdenum plant expansions in January.

[dosto]

Antwort auf Beitrag Nr.: 28.774.054 von dosto am 12.04.07 12:13:04

[dosto]

Antwort auf Beitrag Nr.: 28.774.054 von dosto am 12.04.07 12:13:04

Nachtrag

TYL hat seine 100 % erreicht
Sul 120 %

Ich bin raus aus Nickel

es war mir ein Vergnügen.

[dosto]

Sabura-Canada wird wieder in die Vollen gehen
Neukaledonien wird fördern und Anschlußprojekte bringen
Australien aktiviert Tasmanien
Cuba wird von den Chinesen aktiviert
genauso wie Madagaskar und der Süden Afrikas
das Schweine-Material kommt von den Philippienen.

Also genüg Gründe um den Hyper-Over-Hype
rauszunehmen.

Gruß Dosto

[dosto]

Performence der Conectschen Sprott und Partner

läuft unter

CA_MLY

seit Einführung -Minus 20 %-


da müßt ihr Kartell-Monopoli-sten, noch ein bißchen üben.

Klappt noch nicht so.

[dosto]

Beifälligkeiten zu Thompson Creek -CA:TCM_

Auszug aus dem Text vom 5.September 2006:

The Thompson Vreek Mine currently has a estimated minimum 10 Year mine life based upon proven and proable mineral
reserves, durich which time it is expected to produce 148 million pounds of molybdenum at an estimated average cash operating cost of US $ 3.68 per pounf (SIC)

Angegebene Kosten
für das 1. Quartal 2007 $ 4,52
für das 2. Quartal 2007 $ 6,74

[dosto]

Xstrata to double molybdenum capacity at Chilean smelter

Santiago, Chile (Platts)--22Aug2007
Xstrata Copper is studying plans to double the treatment capacity for
molybdenum concentrates at its Altonorte smelter in northern Chile, executives
said Wednesday.

The project will involve refurbishing an idled roaster and adding
leaching capacity at the complex which currently has capacity to process
around 10 million lb/year of the minor metal, explained VP for northern Chile
Jon Evans.

The expansion would allow the company, which acquired Altonorte through
its takeover last year of Falconbridge, to realize synergies with increased
molybdenum output from its mines in the region, including Collashuasi, Tintaya
in Peru and Argentina's Alumbrera which began producing the minor metal last
week.

Evans said the size and timing of the investment had yet to be defined as
"we are still evaluating the project but we should have a clearer idea in the
coming months."

Xstrata has already approved a $72 million investment to expand capacity
at Altonorte to 380,000 mt/year of anodes from 290,000 mt/year currently.

[dosto]

06.09.2007 - 16:49 Uhr
Deutsche Edelstahlwerke sehen Trend zu ferritischen Stählen
FRANKFURT (Dow Jones)--Die gestiegenen Legierungsmittelpreise spiegeln sich im Werkstoffportfolio der Deutschen Edelstahlwerke wider. So verdeutlichte Carsten Schmickler, Leiter Vertrieb Rostfrei der Deutschen Edelstahlwerke, auf dem 2. Dow Jones Stahl Tag am 6. September 2007 in Frankfurt, dass der Anteil des austenitischen Stahls in den Produkten der deutschen Edelstahlwerke von 53% im Jahr 2005 auf 48% im Jahr 2006 gesunken ist. Schmickler schätzt, dass er im ersten Halbjahr dieses Jahres unter 45% liegt. Gleichzeitig ist der Anteil ferritischer Stähle von 42% im Jahr 2005 auf 46% im Jahr 2006 gestiegen. Diese Entwicklung bestätigt die Einschätzung Schmicklers, dass alternative Werkstoffe, insbesondere ferritische Stähle, unter gewissen Voraussetzungen ein Substitut für die gängigen Werkstoffe (v.a. Austenite) sein können.

Er räumte aber ein, dass die Korrosionsbeständigkeit der Ferrite geringer ist, für spezifische Applikationen seien sie aber ausreichend.

Bei ferritschen Stählen spielten die Legierungszuschläge eine geringere Rolle als bei austenitischen, erläuterte Schmickler. Dies sei hinsichtlich des starken Anstiegs bei den Legierungsmittelpreisen in den vergangenen Monaten von großer Bedeutung. Durch den vermehrten Einsatz von Ferriten könnten Legierungspreisrisiken abgeschwächt werden. Schmickler zeigte, dass sich beispielsweise die Preise von Molybdän im Zeitraum zwischen 2004 und 2005 versiebenfacht haben und sich aktuell bei rund 50 EUR/kg stabilisiert haben. Bei Nickel wurden Ende 2006 Spitzenpreise von rund 40 EUR/kg erreicht. Danach war innerhalb von sechs bis acht Wochen ein Preisrückgang um rund 50% zu verzeichnen. Aktuell liegen die Preise bei rund 20 EUR/kg.


Schmickler kritisierte, dass bei den Nickelpreisen Finanzspekulationen eine sehr große Rolle spielen, da der Rohstoff an der LME in London börsennotiert ist. So würden nur 5% des dort gehandelten Nickels für den tatsächlichen Bedarf gehandelt, 95% seien reine Papierware .


Im Vergleich des austenitischen Werkstoffs 1.4541 mit dem ferritischen Werkstoff 1.4511 erläuterte er, dass beim Ferrit die Vormaterial- und die Fertigteilkosten geringer als beim Austenit sind. Außerdem gebe es geringere Preisschwankungen. Er räumte aber ein, dass die Verarbeitungskosten bei Ferrit höher sind. Dies könne aber auch Vorteile bringen, da die Unternehmen, die das Know-how haben, diesen schwierigen Werkstoff zu verarbeiten, Wettbewerbsvorteile gegenüber anderen Unternehmen hätten. DJG/DJN/kko/mol/6.9.2007

[dosto]

14 September 2007
Chile's Codelco plans JV to recover molybdenum, copper from slag
Chile's state mining company Codelco is seeking partners to build a plant capable of recovering molybdenum as well as copper from slag produced by its fleet of copper smelters and refineries, the company said late Wednesday.

Like other copper producers, the company already recovers copper from the waste material produced by its operations, but hopes to capitalize on high prices (around $30/lb) and new technologies to recover the small amounts of molybdenum contained.

"We are interested in developing a process that largely recovers the molybdenum, a step that will require technological innovation," Codelco said.

The company's operations produce around 2 million mt/year of slag, bearing 18,000mt of copper (grade 0.8-1%) and 4,000mt of molybdenum (0.15-0.30%).

The joint-venture project would involve the construction of a slag-processing plant, estimated to cost around $75 million, and could generate around $90 million/year in sales of copper and molybdenum concentrate, based on long term prices for the metals.

"Given current molybdenum and copper prices, recovering these metals represents an attractive business," Codelco said.

As well as current production, the plant could also process slags accumulated at the company's divisions during decades of copper production, the company noted.

Codelco said that it would preselect up to six companies or consortia, with experience in mining, metallurgy or relevant technologies by the end of this year to carry out technological testing during 2008 before holding a tender to decide on one or more winners with which the company will sign long-term agreements. – Platts

[dosto]

14 September 2007
Japan's moly prices decline, but consumers still not keen to buy
Spot molybdenum product prices fell in Japan this week, but a majority of Japanese consumers were still not interested in buying as they think current price levels are too high, trade sources said.

Platts assessed this week's spot ferromolybdenum prices at $72.20-73/kg CIF Japan, down from $73-74.50/kg CIF Japan last week. A trader closed a ferromoly deal at $72.50/kg CIF Japan for 10 mt of Chinese-origin material. Meanwhile, moly oxide prices stayed unchanged at $32-32.50/lb CIF Japan in the absence of deals reported. A Chinese producer has indicated $33/lb CIF Japan and there was another seller offering $32.75/lb CIF Japan for Western-origin moly oxide.

Three or more traders appeared to have received inquiries from their customers this week. The offer levels were lower compared with last week, but consumers were still not interested, traders said. Moly oxide prices were less than $30/lb CIF before June. Some stainless steel manufacturers who were active in spot trade have reduced moly consumption, so prices should fall to pre-June levels on weaker demand, one trader commented. – Platts

[dosto]

12 September 2007
Kings Minerals' high-grade molybdenum
Kings Minerals (ASX:KMN) reports a significant update of further encouraging drill hole results, including high grade molybdenum values, from the polymetallic Kalman copper-molybdenum-rhenium-gold prospect in the mineral rich Mount Isa province of northwest Queensland.

Highlights: * 26m @ 0.04% Cu, 0.76% MoS2 in hole K-28 * 123m @ 0.25% Cu, 0.04% MoS2 including 7m @ 0.52% Cu, 0.2% MoS2 in hole K-46 * 20m @ 0.99% Cu, 0.02% MoS2 in hole K-32 * Mineralisation has now been drill defined over a strike length of 1,000m and to 700m depth * Faulting is interpreted to offset mineralisation at north end of current drilling, and * Potential to extend mineralisation 1,500m north with no drilling in the postulated extension.

Ongoing results confirm Kalman is shaping up to become a major polymetallic deposit containing zones of high grade molybdenum within a broad zone of copper mineralisation.

Recent intersections extend the zone of higher grade molybdenum mineralisation announced previously in K-29 a further 200 metres along strike to the south.

K-46 was drilled beneath K-23 confirming mineralisation continues at depth.

Drilling in the short term continues to define the general geometry and continuity of the Kalman copper-molybdenum-gold mineralisation at a broad spacing on a planned nominal 100m by 100m grid. – RWE

[dosto]

12 September 2007
Monterrico nears completion of EIA for big Peru copper project
Chinese-owned Monterrico Metals will submit to Peruvian authorities by year end the required environmental study for the construction of its $1.4 billion Rio Blanco copper project, projected to be one of the biggest copper mines in the Andean country, the company's chairman told Platts Monday.

Monterrico's Chairman Richard Ralph, who is based in London but was attending a mining conference in Arequipa, Peru, said the environmental impact study to be submitted to the Energy and Mines ministry may receive approval as soon as early next year. If approval is received next year, that would make it possible to start construction of the mine by 2009 and possibly start production around 2011, he added.

Monterrico Metals, which was acquired earlier this year by China's Zijin group for nealry $180 million, estimates annual production of nearly 191,000 mt/year of fine copper plus 285 mt/year of molybdenum. The estimated mine life is about 20 years, he said.

The exploration phase of the project, completed last year, confirmed 1.257 billion mt of mineral with 0.57% copper content and 228 parts per million of molybdenum, he said.

The estimated $1.4 billion-project cost includes construction of the open-pit mine as well as the crushing and flotation facilities. The company is still evaluating whether it would build a 200-mile long mineral duct to transport the mineral from the copper deposit location in a mountainous jungle region near Peru's border with Ecuador across the Andes to the Peruvian northern port of Bayovar for shipping or if it would use trucks.

The construction of the duct could be more expensive at the start but in the long-run save costs as it would eliminate the need to buy and maintain trucks which could use nearby existing highways, he said.

While the mine would be located at some 7,000 feet above sea level, the mineral duct would need to climb to well over 10,000 feet before descending to the Pacific Ocean.

In addition to getting the environmental impact study approval, the company will start an optimization of its feasibility studies as well as advance talks with communities located near the copper porfirity deposit. Some of the local population oppose developing a mine in the region, but the company has offered to give to the communities $80 million throughout the life of the mine for project to improve their living standards.

The company has already spent $3 million in recent years to help the region build school classrooms, roads as well as taking doctors to the area for special programs gaining already some support, another company official said. – Platts

[dosto]

11 September 2007
Mercator signs framework agreement for moly concentrate sales
Mercator Minerals Ltd. today announced that its wholly owned subsidiary Mineral Park Inc. has entered into a long term framework agreement with UK based Derek Raphael & Co. Ltd. ("DRC") for the molybdenum concentrates produced at the Mineral Park Mine located in Kingman Arizona.

The Framework agreement entered into with DRC is a ten year agreement, under which DRC will purchase all of the molybdenum concentrate production of the Mineral Park Mine, which is currently foreseen to average 10.3 million pounds of molybdenum annually over the first 10 years of the current 25 year mine life. Payment for the molybdenum concentrates will be made FOB the mine-site. The first production of molybdenum concentrates are expected during the second quarter of 2008.

"We are very pleased to complete this contract with DRC," said Mike Surratt, President and CEO of Mercator. "DRC is a very reputable and well known international Molybdenum dealer who has roasting capacity all over the world."

Molybdenum is currently selling for approximately US$32 per pound. Mercator used a short and a long term price of US$10.16 per lb for Mineral Park's economic evaluation and US$7.50 per lb. to calculate ore reserves.

Additionally, the Company reports that none of its cash or short term investments is exposed to any investment in asset backed commercial paper in Canada or the United States. "All of our cash is invested in term deposits, T-bills, Banker's acceptances and US government sponsored securities and none of the cash is exposed to investments that would have an impact on our liquidity," said Mike Surratt, the Company's President and CEO.

Construction Update
Significant progress was made since the last update on the construction of the 50,000 ton per day concentrator. The two 230 KVA transformers have been received on site and their bases have been poured. The reclaim tunnels are excavated and rebar and forming are underway. The first SAG mill foundation has been poured and the first motor base on the number one sag has been poured. Sub excavation for the flotation circuit is complete and the copper cleaner flotation cells are ready for shipment to the mine-site. The concentrate regrind tower mill has also been received on site. The Project remains on schedule for Phase 1 start up the second quarter of 2008.

The mill will operate at 25,000 tons per day during Phase 1 which is scheduled for completion in the second quarter of 2008 and will expand to 50,000 tons per day in Phase 2, which is scheduled for completion in the first quarter of 2009. At 50,000 tons per day Mineral Park will produce 56.4 million pounds of copper, 10.3 million pounds of molybdenum and 0.6 million ounces of silver per year over the first 10 years of operation.

About DRC
DRC is the largest trader of Molybdenum concentrates and further downstream products worldwide. DRC supplies the steel, engineering, non-ferrous metal and chemical industries. Their core business consists of processing Molybdenum concentrates into Molybdic oxide or Ferro Molybdenum (products purchased by Stainless steel mill for the production of non-corrosive steel).

DRC sells approximately 20 million lbs Mo annually to their customers. They purchase Molybdenum concentrates from a variety of mines worldwide including Rio Tinto, Teck Cominco, Codelco, SPCC, Phelps Dodge and Antofagasta and they sell to the largest Steel Producers in the world such as Outokumpu, Mittal, Techint Group, Krupp, Tyssen, Mannesmann and Arcelor.

Mercator Minerals Ltd.
Mercator Minerals is a copper producer that owns and operates the Mineral Park copper mine in Arizona, with a corporate strategy focused on maximizing the production potential of the Mineral Park copper-molybdenum deposit. The Company has filed a technical report for an expansion of copper production plus molybdenum and silver production. – Press Release

[dosto]

11 September 2007
Azure extends molybdenum mineralisation at Pozo De Nacho, Mexico
Azure Minerals Limited (ASX: AZS) is pleased to announce that it has confirmed the presence of a large, molybdenum-rich zone of mineralisation at the company's Pozo de Nacho project in Mexico. This follows the successful completion of second phase diamond core drilling at the project.

A substantial body of molybdenum mineralisation has now been intersected over an area of 800 by 250 metres, and from surface to depths in excess of 300 metres. The mineralised zone remains open in most directions.

Significant drill intercepts are presented below, and a complete list of mineralised intercepts is contained in Table 1.

PDN-DD-003 124.2 metres @ 0.04% MoS2 from 8.8 to 133.0 metres

PDN-DD-004# 183.7 metres @ 0.04% MoS2 from 68.0 to 251.7 metres

PDN-DD-006# 138.9 metres @ 0.06% MoS2 from 12.0 to 150.9 metres

These positive drill results follow up the Company's first round of drilling on the property which returned intercepts of:

PDN-DD-01# 102.8 metres @ 0.04% MoS2 from 254.0 to 356.8 metres

PDN-RC-02A# 198.1 metres @ 0.06% MoS2 from 1.5 to 199.6 metres


# denotes hole ended while still
within molybdenum mineralisation

Azure Managing Director, Mr Tony Rovira, said that of particular interest is that several of these holes ended while still within molybdenum mineralisation.

"The drill holes ending in mineralisation provides us with an excellent indication of the significant depth extent and overall size potential of this mineralised system. We believe that Pozo de Nacho has the potential to host a very large body of molybdenum mineralisation."

"In order to expand the known mineralisation and further define this potential we are currently planning further drilling for Pozo de Nacho." – Edited Press Release

[dosto]

5 September 2007
Analyst: Mo prices seen at US$30/lb in 2007, down in 08
Molybdenum prices will likely stay at around US$30.00-31.00/lb this year and start descending in 2008, along with other base metals, Stefan Ioannou, an analyst with Haywood Securities, told BNamericas.

The molybdenum market is expected to grow roughly 5%, or by some 20Mlbs (9,072t), in the coming years. The world consumes some 400Mlb/y of the base metal, which is used mostly to create high-strength steel, Ioannou said.

Haywood is forecasting molybdenum will average US$12.50/lb in the long term, reaching US$25.00/lb in 2008, US$20.00/lb in 2009-10 and US$15.00/lb in 2011-12, he added.

Although the price forecasts descend from 2007 on, demand appears to remain strong in the coming years, the analyst said, attributing Haywood's conservative forecast to the lower molybdenum prices seen in the past and to the expectation that all base metal prices will decline in the next few years.

But the need for high-strength steel is not expected to subside in the near future, Ioannou said, explaining that much of molybdenum demand is concentrated in the oil and gas sector, which requires durable steel for pipelines and other equipment to avoid leakage.

Oil and gas infrastructure in the US will need replacing soon since most of it was installed in the 1950s and 1960s. The Chinese construction industry will also contribute heavily to demand, he said.

As for supply, very few molybdenum mining projects are on the horizon and those in the pipeline have been incorporated into Haywood's price perspective, according to the analyst.

-Nunja, warum finden wir laufend welche?-


US company Freeport McMoRan Copper & Gold (NYSE: FCX) has the Climax project in the North American country undergoing feasibility, while Vancouverite Georgia Ventures has the Creston molybdenum deposit in Mexico's Sonora state that is undergoing exploration.

Meanwhile, Australian zinc specialist Zinifex has a moly project in its home country, while US company Idaho General Mines (AMEX: GMO) has another project set to come on stream in roughly 2009-10. – BNamericas

[dosto]

7 September 2007
Taseko increases reserve estimates by 128Mt at Gibraltar
Taseko Mines Ltd. [TSX:TKO; AMEX:TGB] gained more than 10% on Thursday after the company increased the reserve estimates at its Gibraltar copper-molybdenum mine in B.C. by 128 million tonnes.
Investors sent the shares up 55 cents or 13% to C$4.78 in trading on the Toronto Stock Exchange.

The Vancouver-based company said that total mineral reserves at Gibraltar increased to 384 million tonnes at 0.31% copper and 0.009% molybdenum, containing 2.4 billion pounds of copper and 69 million pounds of molybdenum.

''It confirms to our shareholders that we have the mine life that we anticipated with respect to our expansion plans,'' CEO Russell Hallbauer said in an interview.

In addition to the 384 million tonnes of proven and probable reserves, the company said there are more than 500 million tonnes of measured and indicated resources.

Taseko said an expansion of its concentrator at Gibraltar is expected to be complete by the end of next year.

As a result of mill installation and flotation upgrades, the ore processing capacity of the concentrator at Gibraltar will increase from 36,750 to 46,000 tonnes per day by the end of the year.

The Phase 2 expansion announced in May is designed to increase the concentrator capacity from 46,000 to 55,000 tonnes per day by the end of 2008.

Hallbauer said the company was also making some investments in newer technology and bigger equipment, but the expansion will mean more jobs.

''I could see us probably increasing by 10 to 15%, say 30 to 40 people ultimately,'' Hallbauer said.

The expansion incorporates added crushing and regrind capacity, additional flotation cells, tailings and ancillary system upgrades.

The increase in reserves announced Thursday will allow the expanded milling operations to be maintained at 55,000 tonnes per day for 17 years, averaging 115 million pounds of copper and 1.4 million pounds of molybdenum per year.

Despite the jump in the stock price on Thursday, Taseko shares remained well off its 52-week high of C$5.85 reached earlier this year.

The stock traded sharply lower in August after the company reported its third-quarter financial results.

For the three months ended June 30, Taseko earned C$12.4 million or nine cents per diluted share on revenue of C$55.9 million.

That compared with a profit of C$4.1 million or three cents per diluted share on revenue of C$59.9 million a year ago.

For the quarter, Gibraltar produced 12.7 million pounds of copper, an increase of 2.6 million pounds from the same period in 2006.

Earlier this year, Taseko was outbid by Imperial Metals Corp. [TSX:III] in an effort to takeover BcMetals.

In addition to the Gibraltar copper-molybdenum mine, Taseko owns the Prosperity gold-copper project and the Harmony gold deposit, all in B.C. – Canadian Press

[dosto]

New molybdenum mine to hire B.C., Yukon workers
Fri Oct 19, 6:25 PM



A Vancouver company building a new molybdenum mine near Atlin, B.C., says it will look to northern British Columbia and the Yukon for hiring hundreds of workers this winter.

ADVERTISEMENT

Adanac Molybdenum Corp. has started construction of an open-pit mine 24 kilometres northeast of Atlin at Ruby Creek, B.C.


Atlin is in northwestern B.C. near the Yukon border, 150 kilometres south of Whitehorse.


The company announced a $450-million financing deal on Thursday with a U.S. investment bank for the mine project.


Company president Michael MacLeod told CBC News the company has just finished building offices in the town and is assembling a 50-person construction camp at Surprise Lake in B.C., which is 20 kilometres northeast of Atlin.


The construction team will help upgrade the road into the mine, MacLeod said, adding that it's just the start of a $600-million operation that could make Adanac the first company in 25 years to open a new major molybdenum mine.


"We are going to start construction as soon as we get the appropriate approvals, and we intend to work right straight through the winter," MacLeod said Thursday.


"We're looking at a workforce peaking during construction of somewhere between 650 and 700 people."


Once the road is finished, MacLeod said he hopes to build a much larger camp at the mine site starting this winter.


He added that his company will look to northern communities in B.C., such as Atlin, or Yukon communities such as Tagish, Carcross, Teslin, and Whitehorse "as potential sources for labour and contractors."


Adanac believes there are millions of pounds of the rare silver-white metal at the Atlin property. MacLeod said the mine will turn out 10 million pounds of molybdenum every year for the next 20 years.


Molybdenum is used to make alloys used in gun barrels, ballistic missiles and nuclear reactors. Its price is just over $30 a pound, up from just $4 a pound a decade ago.


Die Maske fällt, Molly und der eigentliche Einsatzpunkt:
nämlich die Rüstung.

Moly ist ein Rüstungs- und daher Kriegs-Material.

Nun spekuliert mal schön.

Pui Teufel.

[dosto]

30 October 2007
Chile Sept copper output up 21.6 pct yr-on-yr
Chile, which provides around a third of the world's copper, produced 477,828 tonnes of the metal in September, up 21.6 percent from the same month last year, the government said Tuesday


Das sind wohl erst mal 100 Mille pound
von 400 Mille demand.
da hängt der Hammer.

Da der Stahlveredler Thread historich gemacvht wurde,
kommt jetzt alles hier rein.

[dosto]

Codelco Jan-Sep performance down on low grades, protests
Chilean state-owned copper company Codelco saw output drop in the first nine months of 2007 to 1.20Mt copper from 1.23Mt year-on-year due to lower grades and protests, company executive president José Pablo Arellano said Monday.

Not including Codelco's 49% stake in the El Abra mine the company produced 1.14Mt in January-September 2007 compared to 1.15Mt year-over-year.

"The deposits are aging, which is natural," Arellano told reporters at a press conference to report the quarterly results.

The average grade at Codelco's four producing operations fell to 0.88% in the recent three quarters compared to 0.95% last year, causing a drop in output of roughly 84,000t, Arellano said, adding he expects an additional drop in grades during 2008.

Meanwhile, protests carried out by subcontracted workers in June and July caused a 30,000t decrease in production year-on-year, he added.

Molybdenum output rose to 20,600t in January-September of this year from 19,600t in same-period 2006. Copper sales including third-party production amounted to 1.48Mt in the latest period compared to 1.47Mt year-over-year.

Financial performance
Codelco's pre-tax profit declined to US$6.74bn in the last three quarters compared to US$7.25bn year-on-year, while net income after taxes and deductions dipped to US$2.35bn from US$2.66bn.

Pre-tax profit is the figure Codelco emphasizes due to the unusual tax structure it is subject to as a state-owned company.

Total costs amounted to US$1.34/lb in the 2007 period compared to US$1.13/lb year-over-year. Cash costs after molybdenum by product credits rose to US$0.43/lb compared to US$0.31/lb.

But Codelco's average realized copper price rose to US$3.22/lb from US$3.00/lb in the year-ago period.

Sales revenues dropped to US$8.39bn in January-September of this year from US$8.43bn in the year-ago period while sales costs rose to US$2.65bn in the recent period versus US$2.05bn in the year-ago one.

Concerning taxes, Codelco paid US$282mn in mining royalties in January-September 2007 versus US$300mn year-over-year and US$3.06bn in income tax during the recent period compared to US$3.32bn in the previous year's period.

The company also paid US$1.04bn to Chile's defense budget in the latest nine months, versus US$971mn year-on-year in keeping with its legal requirement to contribute 10% of sales to the military.

Production by division
All divisions saw production decline in the January-September except Codelco Norte, which includes the massive Chuquicamata mine and produced 641,000t of red metal in the 2007 period compared to 611,000t year-over-year.

Salvador dropped to 45,000t from 60,000t, Andina fell to 163,000t from 177,000t, El Teniente's output stumbled to 292,000t from 304,000t and El Abra declined to 60,000t from 82,000t.

US-based publicly traded producer Freeport McMoRan Copper & Gold (NYSE: FCX) owns the other 51% of El Abra. – BNamericas

[dosto]

Beifälligkeiten zu Thompson Creek -CA:TCM_

Auszug aus dem Text vom 5.September 2006:

The Thompson Vreek Mine currently has a estimated minimum 10 Year mine life based upon proven and proable mineral
reserves, durich which time it is expected to produce 148 million pounds of molybdenum at an estimated average cash operating cost of US $ 3.68 per pounf (SIC)

Angegebene Kosten
für das 1. Quartal 2007 $ 4,52
für das 2. Quartal 2007 $ 6,74
für das 3. Quartal 2007 $ 15,57

Dir Kosten von Endako:

3. Quartal 2007 $ 9,27
2. Quartal 2007 $ 7,48
1. Quartal 2007 $ 8,31


Ein Herr Chartex (big men bei TCM-Berechnungen)
schrieb mal, das Management hat bisher immer mehr gehalten,
als es versprochen hat.

Dosto fragt: wann, bitte.

Alles abernahezu alles Produktion etg.
ging Quartal für Quartal eher runter.

[dosto]

Antwort auf Beitrag Nr.: 32.537.154 von dosto am 23.11.07 12:27:49

LONDON (Thomson Financial) - Antofagasta PLC said its nine-month profits fell 6.1 pct on lower copper sales and realised prices and on higher on-site and shipping costs.

EBITDA (earnings before interest, tax, depreciation and amortisation) declined to 2.15 bln usd from 2.30 bln as sales dipped 4.8 pct to 2.84 bln. The drop in sales was partly offset by higher molybdenum volumes and prices.

The volume of copper sold fell to 298,700 tonnes in the nine months to end September from 339,100 tonnes. The decrease was partly due to lower production from reduced ore grades at the group's biggest mine: Los Pelambres.

While LME copper prices rose over the period, the average realised copper price for Antofagasta dipped to 348.1 cents a pound from 354.2 cents.

Market molybdenum prices, which did not differ significantly from prices realised by Los Pelambres, rose to an average 29.5 usd per pound from 24.5 usd.

Sales were also affected by timing differences in shipping and loading schedules which resulted in an increase in inventories at the end of September which were shipped in October.

Molybdenum sales and production was 7,400 tonnes, up from sales volume of 6,900 tonnes and production volume of 7,000 tonnes in the year-earlier period.

The group said the transport and water divisions continued to perform well, with both businesses generating increased volumes and revenues.

Last month, the company reduced its full-year estimate for copper production to 423,000 tonnes, from the 449,000 tonnes forecast in its interim results, after it cut its forecast for Los Pelambres by 8.7 pct. Copper output was 465,500 tonnes in 2006. Molybdenum production for the full year is expected to be about 11,000 tonnes from 9,800 tonnes in 2006.

[dosto]

im Vergleich.

Die Wunder-Company -TCM kommt 2007
auf eine Jahresproduktion von ca.

8.500 tons Moly

[dosto]

30 November 2007
China to become net stainless steel exporter next year
China may become a net exporter of stainless steel next year despite current nickel ore shortages, though restrictive export policies will prevent large-scale exports, industry insiders told Interfax at the 2007 International Seminar on Nickel & Ferro Nickel Alloys with Stainless Steel Market in Qingdao on Friday.

"China's stainless steel exports have been on the rise for the last three years, while imports have been decreasing, and it's expected that this trend will continue. However, various factors will prevent China from becoming the world's stainless steel supplier," Xu Aidong, an analyst with Beijing Antaike, a leading consultancy affiliated with the China Nonferrous Metals Industry Association (CNMIA), said.

Antaike predicts that China's stainless steel exports will increase 44 percent from last year to 1.3 million tons this year, while imports will drop 16 percent to 2.1 million tons over the period.

Jiang Xinfang, a senior official with Qingshan Holdings. Co. Ltd., China's largest privately owned stainless steel maker agreed with Xu, saying that "China will hopefully become a net stainless steel exporter next year. However, the possible VAT export rebate cancellation on China's stainless steel products early next year, along with further Renminbi appreciation, may limit net exports."

"It's only a matter of time before China becomes a net exporter of stainless steel. It will either be this year or next year, as the country is already self-sufficient in supply. However, restrictive export policies will impact the scale of China's exports," Stephane Chorlet, a ferronickel sales and product manager with Eramet, said.

There is speculation in the domestic market that the Chinese government may next year cancel the existing VAT export rebate on all stainless steel products of between 8 percent and 11 percent. The central government slashed the VAT export rebate on several kinds of stainless steel products, including both hot-rolled and cold-rolled stainless steel plate, from 11 percent to 8 percent on Sept. 15 this year.

China's GDP is forecast to increase 11 percent this year, while stainless steel production is set to expand 42 percent from last year to 7.6 million tons, outpacing the apparent consumption of between 6.7 million tons and 7 million tons. Moreover, China's stainless steel consumption will maintain 10 percent growth per year for the next three years, Antaike said.

Nickel shortage
One of the main reasons limiting over-expansion in China's stainless steel sector is the country's insufficient nickel supply, a major raw material for stainless steel production.

"The Indonesian government is very likely to release policies banning primary laterite ore exports, and only allowing exports of processed ore or finished nickel products, in June next year. Although we do expect a six to 12-month buffer period before the policy takes effect, the policy will eventually make China's nickel ore procurement more difficult," Jiang Xinfang from Qingshan, said.

China mainly imports laterite ore from Indonesia, New Caledonia and the Philippines.

Xu from Antaike said that China's apparent consumption of primary nickel (including nickel pig iron, nickel salt and electrolytic nickel) will reach 340,000 tons this year, with average nickel metal shortages set to reach 100,000 tons per year between 2008 and 2011, leaving the country no choice but to rely on imports.

China's primary nickel output is expected to surge 53.8 percent from last year to 221,000 tons this year, a large proportion of which will come from nickel pig iron production, which is due to triple to 95,000 tons over the year. However, China will still need to import 152,000 tons of nickel metal this year, Xu said.

Increased nickel pig iron production has to some extent alleviated China's dependency on nickel imports. China started large-scale pig iron production in reaction to high nickel prices in 2005. However, using nickel pig iron instead of nickel for stainless steel production is only profitable if nickel prices remain above $18,000 per ton.

China still has the potential to expand nickel pig iron production, with a large number nickel mining projects due to come online after 2009, bringing approximately 400,000 tons of nickel on to the domestic market, including CVRD-Inco's Goro project, BHP Billiton's Ravensthorpe project and China's MCC Ramu project in Papua New Guinea. – Interfax

[dosto]

7 December 2007
China stainless steelmakers face dim Q4 demand
Stainless steelmakers in China, the world's largest producer, are cutting production and building stockpiles in the fourth quarter due to lower overseas demand, industry sources said.

[dosto]

7 December 2007
DB: Climax mine restart could push Mo prices down
Phoenix-based Freeport McMoRan Copper & Gold's reopening of the Climax molybdenum mine in the US could diminish molybdenum prices as it adds to global supply, Deutsche Bank (DB) analysts said in a report.

The Climax mine in Colorado state is due to produce an initial 30Mlb/y (13,608t) of molybdenum at a cash cost of US$3.50/lb starting in 2010 and will cost FCX US$500mn to reopen, FCX said in a statement.

The global molybdenum market provides a supply of some 400Mlb/y, so the addition of Climax would amount to an 8-16% rise that will likely force molybdenum prices down from their current level of around US$30/lb, according to DB.

But for FCX even a 50% drop in molybdenum prices would allow the company to pay back its capital investment on Climax in less than two years, the analysts said.

FCX is the world's biggest publicly traded copper miner with output from mines in Chile, Peru, the US and Indonesia plus a controlling stake in the Tenke Fungurume development project in the Democratic Republic of Congo. – BNamericas

[dosto]

Antwort auf Beitrag Nr.: 32.717.553 von dosto am 10.12.07 18:16:22

Das wird ja 2010
ne richtige Moly-Schwemme.

Da will General Moly, Moly Mines, Adanac
+ ein halbes Dutzend aus der Kupferbranche
auf den Markt. TCM will in der Zeit auf Hochproduktion
arbeiten (aber kann man denen trauen, bisher sagen sie viel, halten wenig, sie fallen 2007 erst mal unter
5% der Weltproduktion)
da kommen ja so 100 bis 150 Millionen Pounds auf
den Markt.
Na da bin ich mal gespannt.