News around the world - 500 Beiträge pro Seite (Seite 43)

[Popeye82]

Energizer Resources - Green Giant Vanadium Project Visited by Madagascar's Prime Minister, Minister of Mines &Other Key Officials - May 24, 2011
http://finance.yahoo.com/news/Energizer-Resources-Green-ccn-…

[Popeye82]

Fortune Minerals - Announces Major Permitting Milestone for the Nico Project in the Northwest Territories; Developers Assessment Report filed with Mackenzie Valley Review Board; DAR determined that the NICO project is economically viable &that impacts to the local biophysical environment will be minimal - May 24, 2011
www.fortuneminerals.com/News/Press-Releases/Press-Release-De…

[Popeye82]

Quebec on Fire , With $27 Billion in Metals &Minerals Project Activity - IIR - May 27, 2011
www.marketwire.com/press-release/quebec-on-fire-with-27-bill…

[Popeye82]

New Millennium Capital - Announces Pilot Plant Bulk Sample Collection for the Taconite Project Feasibility Study; CEO: "This is a key initiative in the Taconite Feasibility Study &helps to advance the project toward our goal of ultimate production. In the representative sample collection &pilot plant testing, we are validating the flowsheet developed for the taconite project. The proposed flowsheet uses several innovative modifications to the conventional taconite flowsheet, which is employed by the taconite producers in the US, to improve energy efficiency &reduce operating costs through optimization &value engineering. Through this large scale pilot plant test, we will develop design parameters to build processing facilities that are expected to achieve the lowest cost pellet production cost in North America" - May 24, 2011
www.marketwire.com/press-release/new-millennium-capital-corp…

[Popeye82]

Corac Group Plc(CRA); Pressing on - ED - May 24, 2011

- D. Gross -

+ Corac has developed high performance compressors using a unique combination of technologies, underpinned by patented IP &internal know-how.They have a defined strategy to build on its core technology &has reorganised Corac around three business streams addressing global multi-billion US$ markets: Gas in Harsh Environments, Clean Air Supply &Efficient Air Power.

+ The news-flow from Corac last week commencing has underscored the positive trajectory the company is on: Firstly, Corac signed a development agreement on 16 May 2011 with Aramco Overseas Company B.V, a part of The Saudi Arabian Oil Company ("Saudi Aramco") for the development of an in-line gas compressor(IGC) utilising Corac's unique compact high speed compressor technology; Secondly, a business update following the AGM on 19 May ´11 reported significant progress across its portfolio of development programmes over the last six months.

+ The past six months have seen a major difference in Corac, particularly the increased strength in depth &breadth of the engineering teams &improved production engineering delivering higher quality &reliability. This strengthens the company’s strategy to extend the range of applications for Corac’s technology.

+ It looks as if the strategy is working, &Corac is now in a very strong position to build &exploit a broader platform of applications. ...
http://equitydevelopment.com/downloader/837

[Popeye82]

Potential expansion of Australian uranium asset; On Friday, BHP Billiton(NYSE:BHP) released its Supplementary Environmental Impact Statement(SEIS) for a significant expansion of its existing mining &processing operation @Olympic Dam in northern South Australia. The stringent Australian government approvals process required the company to submit the SEIS for review by the Australian, South Australian &Northern Territory Governments early last December. Following a series of adequacy checks on the SEIS, the governments granted permission to publicly release the document - U3O8.biz - May 19, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=458316&_Type=Ma…

[Popeye82]

Zecotek Photonics - Releases White Paper on Visible Spectrum Tunable Fiber Laser Technology - May 24, 2011
www.zecotek.com/EN/426/1832
www.zecotek.com/media/VFL-White-Paper-May-2011.pdf

[Popeye82]

CBM Asia DEvelopment - Hires Qualified Reserves Auditor Netherland Sewell &Assoc. to Produce NI51-101 Report - May 24, 2011
www.marketwire.com/press-release/cbm-asia-hires-qualified-re…

[Popeye82]

Cap-Ex Ventures - Airborne Gravity Survey Commissioned @Lac Connelly - May 24, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-airborn…

[Popeye82]

Allana Potash - Included in 1st Fertilizer/Potash ETF - May 26, 2011
www.marketwire.com/press-release/allana-potash-included-in-f…

[Popeye82]

UCG Site Selection Program Yields Maiden JORC Inferred Resource of 81Mt @Mecsek Hills UCG Gas Project - May 25, 2011

HL:

+ Positive results from the first hole of the Company’s drilling campaign @the Mecsek Hills UCG Gas Project(‘the Project’) – objective of drilling program is to facilitate the selection of the first underground coal gasification(‘UCG’) site.

+ Maiden JORC Inferred Coal Resource of 81 million tonne(80.6) for the Komló Target Area – Project area has a 1‐1.25 billion tonne(‘Bt’) Exploration Target1 with coal quality in the range 18‐29MJ/kg.

+ Results of the confirmation drilling program have improved confidence in the historic data &potential suitability of the Project area for UCG.

+ The Company’s Preliminary Feasibility Study(‘PFS’) findings completed thus far indicate the need to establish the existence of approximately 20Mt(JORC Measured) of UCG suitable coal for the Project(Phase I &II inclusive) to have a 25 year project life. An update on the PFS will be released imminently.

+ Seam Group 10 identified as the thickest &most continuous seam group in this part of the Resource comprising 42 million tonne(Mt) &one seam in particular identified consisting of 35Mt &an average seam thickness of 4.4 metres.

+ Drilling is nearing completion @the Pécs target area &will then commence @the Varalja target area. ...
http://stocknessmonster.com/news-item?S=WHE&E=ASX&N=542933
http://stocknessmonster.com/news-item?S=WHE&E=ASX&N=543166

[Popeye82]

Linc Energy Ltd (ASX:LNC) to sell Teresa coal asset ? - AI - 26-May-2011
http://australianinvestor.com.au/news.asp?id=40780
http://stocknessmonster.com/news-item?S=LNC&E=ASX&N=232227

"Linc Energy advises that it is conducting a competitive bid process with a number of parties from a number of geographic locations for the potential sale of the Teresa coal asset.

This process remains commercial in confidence, and whilst well advanced, no binding, or unconditional contracts of sale have been agreed with any specific party.

Linc Energy will immediately advise the market should this position change.
Peter Bond CEO of Linc Energy said; "Linc Energy is talking to a number of parties about a potential sale of the Teresa coal asset. I am confident of a very good sale outcome, but we will not be announcing any details of any deal until it is nailed down to a point of being unconditional with some money in the bank." "

[Popeye82]

Quickstep Holdings Limited (ASX: QHL ) is a winner - AI - 26-May-2011
http://australianinvestor.com.au/news.asp?id=40781
http://stocknessmonster.com/news-item?S=QHL&E=ASX&N=543163

"Quickstep Holdings Limited (ASX: QHL – “Quickstep” or “the Company”)is pleased to announce that it was awarded Manufacturer of the Year at last night’s 2011 Manufacturers’ Monthly Endeavour Awards in Melbourne.

The Company also received the Global Integration Award, which recognises manufacturers who have successfully engaged in international supply chains.

Quickstep received the awards in recognition of its efforts to successfully enter the F-35 supply chain culminating in the recent signing of a Long Term Agreement (LTA) for manufacturing for the international F-35 Joint Strike Fighter (JSF) program - the largest military aerospace program in the world , currently valued at in excess of US$300 billion worldwide.

Commenting on the awards, the Minister for Innovation, Senator Kim Carr,said: "Manufacturing is at the centre of a modern economy and these awards recognise leaders in different fields. They show the importance of innovation and what manufacturing can achieve."

Managing Director of Quickstep, Mr Philippe Odouard, said the receipt of both the Global Integration Award and 2011 Manufacturer of the Year was an outstanding achievement for the Company, and a testament to the hard work of the Quickstep team.

“We are delighted to have been recognised for our work on the Joint Strike Fighter program,” he said. “The signing of a Long Term Agreement to manufacturing parts for the F-35 a 5th Generation stealth fighter was a landmark event for Quickstep and prepares the Company for further defence and aerospace contracts to be manufactured here in Australia. I would like to pay tribute to each of the Company’s team members for their vital contributions.” "

[Popeye82]

Dyesol (DYE) receives green light for major expansion in Japan - AI - 25-May-2011
http://australianinvestor.com.au/news.asp?id=40768
http://stocknessmonster.com/news-item?S=DYE&E=ASX&N=542976

"The Ministry of Economy Trade and Industry (METI) in Japan has announced that Dyesol Japan is one of only five companies from around the world to be awarded a subsidy (grant) to support the establishment of a major R&D facility in Japan. A total of five international companies have been offered R&D subsidies as part of a JPY2.5 Billion programme, including the IT services giant salesforce.com. Dyesol is the only solar energy company to be offered support. The evaluation and selection process was performed by independent experts.

METI states that ‘the Subsidy Program for Promoting Asian Site Location in Japan is intended to sustain and strengthen high-value-added business sites in Japan and to achieve sustainable growth of the Japanese economy by supporting the establishment of new high-value-added sites in Japan, which have been proven to have a significant impact on the Japanese economy and by attracting and concentrating high-value-added business operations that match the strength of the Japanese economy.’

‘Projects were judged based on their uniqueness, added value and potential ripple effects on the Japanese economy, as well as on their overseas locational competitiveness.’

With the assistance of the Japanese government, Dyesol intends to establish a materials integration centre in what it considers to be the centre for materials R&D in Asia. For Dyesol this is a strategic and tactical success that will establish one of the major pillars to enable its on-going leadership in the field of Dye Solar Cells. The project is expected to commence in July 2011 and facilities will be fully operational by late 2012. "

[Popeye82]

Tata Steel &LCRI invest in research to generate energy from buildings- TS - 31 Mar 2011
www.tatasteeleurope.com/en/news/news/2011_lcri_invest_green_…

"Tata Steel has today unveiled a new centre which will develop and demonstrate ultimate low-carbon, low-energy sustainable construction technologies.


The Sustainable Building Envelope Centre (SBEC) will also highlight the commitment by Tata Steel to designing innovative solutions to the energy challenges facing UK industry.

The Centre, to be opened by First Minister of Wales Carwyn Jones, is the result of a collaboration between the Welsh Assembly Government, the Low Carbon Research Institute (LCRI) and Tata Steel.

SBEC, based at Tata Steel’s site at Shotton, Deeside, will be a showcase for sustainable products and used to test and monitor new integrated heating, energy and ventilation systems on the fabric of the building. At SBEC, a team of researchers and technologists will create building façades – the walls and roofs – which will transform the buildings from being energy consumers into energy generators.

SBEC was designed by the Welsh School of Architecture (WSA) in partnership with Tata Steel and already incorporates several prototype renewable energy systems that will be tested and monitored as part of the initial work programmes.

Tata Steel’s involvement in the £6.5 million SBEC project is just the latest in a number of investments in technology with the aim of improving the sustainability both of the steel industry and the industries it services.

In addition, Tata Steel and Dyesol recently announced that they had decided to expand their £11 million joint photovoltaics development project based at the PV Accelerator Centre at the Tata Steel site at Shotton.

Meanwhile the £20 million SPECIFIC project at Baglan in South Wales has been set up to study other new coatings for steel and other substrates that can generate power.

Uday Chaturvedi, Chief Technical Officer of Tata Steel in Europe, said: “Buildings are responsible for almost half of the UK’s carbon emissions, half of its water consumption, around a third of its landfill waste and a quarter of all raw materials used in the economy. This means that the UK’s sustainable development targets cannot be met without a fundamental change to the way in which buildings are constructed. The steel industry can be part of the solution and these projects demonstrate our commitment to helping to develop a sustainable future.”

ENDS "

[Popeye82]

Mindoro Resources - Announces Final Strong Nickel Intersections From Bolobolo; Highlights include 13.75m @1.36% Ni, 12.1m @1.12% Ni, 15m @1.03% Ni, each from surface; Resource estimation for regional upgrade in progress - May 25, 2011
www.marketwire.com/press-release/mindoro-announces-final-str…

[Popeye82]

Riverstone Resources - Starts Major Drill Program @Yaramoko &Reports Additional Gold Assays From Bissa West - May 25, 2011
www.marketwire.com/press-release/riverstone-starts-major-dri…

[Popeye82]

Horizonte Minerals Plc - Nickel &Gold Exploration Update - Brazil - May 26, 2011

+ Seven drill rigs active with a total of 173 holes totalling 5,013m completed to-date

+ Drilling has been extended to Baião, Lontra &Vila Oito East targets

+ An upgraded resource on schedule for release early Q4 ´11

+ Acquisition of the adjoining Vila Oito &Floresta nickel target areas from TSX quoted Lara Exploration Ltd to close shortly

+ Commencement of a Scoping Study by Wardell International in June ´11 ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Hat Amelie schon gewonnen?; Top-Fotos, Top-Jobs, Top-Walks: Wer kann Topmodel-Küken Amelie (16) den Titel noch streitig machen? SIE war am Ende der letzten Show die Einzige, die die Jury ohne Wenn &Aber in die nächste Runde schicken wollte! - Top.de - May 27, 2011
http://top.de/2290-Hat-Kueken-Amelie-schon-gewonnen#.A100000…

[Popeye82]

Mit uns zum Millionär ; 921,75 % Gewinn seit Januar 2009 ; Der beste Börsenbrief Deutschlands*
www.trendspekulant.de

[Popeye82]

Kein Haschisch für Ausländer; Niederlande will ab Herbst Drogen-Tourismus unterbinden - DPA, AMSTERDAM - May 28, 2011
http://web.de/magazine/nachrichten/panorama/12908246-niederl…

[Popeye82]

"Ein Jahrzehnt reicht aus"; Atomkommission für Ausstieg binnen 10 Jahren - DPA, BERLIN - May 28, 2011
http://web.de/magazine/nachrichten/deutschland/12907716-atom…

"Vor dem Spitzentreffen im Kanzleramt verdichten sich die Hinweise, dass die für die Atomentscheidung maßgebliche Ethikkommission einen Ausstieg aus der Kernkraft binnen zehn Jahren empfehlen wird.


"Ein Jahrzehnt reicht aus" , heißt es einer Kurzfassung des Abschlussberichts, die der Deutschen Presse-Agentur vorliegt. Die Empfehlung der von der Bundesregierung eingesetzten Kommission kann aber auf der Abschlusssitzung am Samstag in Berlin noch verändert werden.

Zehntausende Menschen wollen an diesem Samstag in 20 deutschen Städten für einen raschen Atomausstieg ohne Hintertüren demonstrieren. Allein in Berlin rechnen die Veranstalter laut Polizei mit 30 000 Teilnehmern.

Bundesweit wollen sie die 250 000 Teilnehmer der letzten großen Anti-AKW-Demonstrationen am 26. März übertreffen, wie ein Sprecher sagte. Zu dem Protest aufgerufen haben Umweltschutzinitiativen, Gewerkschaften und Parteien.

In dem neuen Papier der Kommission heißt es: "Die Ethikkommission ist der festen Überzeugung, dass der Ausstieg innerhalb eines Jahrzehnts abgeschlossen werden kann und ein Ersatz der noch erforderlichen Stromleistung bereitgestellt werden kann. Dieses Ziel sollte sich die Gesellschaft verbindlich vornehmen."

Der Ausstiegszeitraum von zehn Jahren könne deutlich verkürzt werden, wenn das Gemeinschaftswerk einer neuen Energiezukunft zügige Fortschritte mache. Dann könne das letzte Atomkraftwerk bereits deutlich eher vom Netz genommen werden. Die CSU hatte sich für 2022 als Enddatum für deutsche Atommeiler ausgesprochen.

Bundeskanzlerin Angela Merkel (CDU) bekommt die Ergebnisse der Ethikkommission am Samstagabend oder Sonntag. Auf dieser Basis könnten Sonntagabend beim Koalitionstreffen im Kanzleramt die Würfel in der Atomentscheidung fallen. Am Montag wird der gesamte Abschlussbericht dann offiziell übergeben und abends mit Bürgern öffentlich diskutiert.

Die Katastrophe in Fukushima "mit einer, wie man heute weiß, dreifachen Kernschmelze und weiteren gravierenden Kontaminationen der großräumigen Umgebung macht vielen Menschen in Deutschland die Risiken der Kernenergie viel deutlicher", heißt es in dem der dpa vorliegenden Papier, das auf Freitag, den 27. Mai datiert ist.

Die Kommission fordert in dem Entwurf mehr Geld für die Gebäudesanierung, um in diesem Bereich Energie zu sparen. Die Stromversorgung soll stärker dezentral ausgerichtet werden. Zur Beschleunigung des Netzausbaus wird vorgeschlagen, dass betroffene Kommunen entschädigt werden. In Zukunft soll Gewerbesteuer dort fällig werden, wo die Trassen gebaut werden. "Das schafft Vertrauen und erhält Akzeptanz", heißt es. Zudem wird die Berufung eines Parlamentarischen Beauftragten für die Energiewende und die Einrichtung eines "Nationalen Forums Energiewende" vorgeschlagen.

Zudem empfiehlt die Ethikkommission eine neue, bundesweite Endlagersuche: "Es ist ein hohes ethisches Gebot, langfristig auftretende Kosten unseres wirtschaftlichen Wohlstandes nicht auf zukünftige Generationen zu verlagern", heißt es. Daher müsse die Frage der Endlagerung der nuklearen Abfälle in Deutschland endgültig und gesellschaftlich akzeptiert gelöst werden. "Außer Gorleben werden dadurch auch andere Standorte auf ihre Eignung hin zu erkunden und zu bewerten sein." Es wird empfohlen, die Endlagerung so zu gestalten, dass der Müll bei Problemen zurückgeholt werden kann. "

[Popeye82]

Blackline GPS - KWH Pipe Implements Loner for Work Alone Safety; one of the world leaders in the production &development of plastic pipe systems - May 25, 2011
www.marketwire.com/press-release/blackline-gps-corp-kwh-pipe…

[Popeye82]

U3O8 - Drilling Confirms Consistent Uranium, Vanadium, Phosphate &Rare Earth Mineralization Extending Over 2.5km in the Berlin Project, Colombia; Trenching Shows Mineralization Continues Northward Beyond the Historic Resource Area; Trenching will continue along the whole 10.5km trend, followed by drilling; In the southern portion, we are now focused on infill drilling with the aim of converting part of the historic resource into an initial National Instrument 43-101("NI 43-101") uranium resource in late ´11 - May 25, 2011
www.marketwire.com/press-release/u3o8-corps-drilling-confirm…

[Popeye82]

Vettel siegt erstmals in Monaco ; triumphs 5/6 - DPA, MONTE CARLO - May 29, 2011
http://web.de/magazine/sport/formel1/12913280-ps-fuerst-vett…

[Popeye82]

Koalition: AKW als "stille Reserve"; Stillgelegte Kraftwerke sollen im "Stand-by"-Modus bleiben; Mit Reserve "im Umfang des Bedarfs" könne notfalls auf Schwankungen in der Stromversorgung reagiert werden; Nach Berechnungen der Bundesnetzagentur werden etwa 2000 Megawatt benötigt - dies würde in etwa der Leistung von zwei zunächst stillgelegten, älteren AKW entsprechen - DPA, BERLIN - May 29, 2011
http://web.de/magazine/nachrichten/deutschland/12914868-koal…

[Popeye82]

Oxford Catalysts Group Plc - 2nd Order for Commercial Scale FT Reactor - May 3, 2011
www.oxfordcatalysts.com/press/news-archive/pr20110503.php

[Popeye82]

Eden Energy - Prospective UK Gas Resources - May 30, 2011

HL:

Shale Gas

RPS reports the unrisked P90 Resource Volumes of Shale Gas in the Numurian Measures on
7 Petroleum Exploration &Development Licences(PEDLs) in South Wales in which Eden
holds a 50% interest(covering a prospective area of 806 square kilometres) are:

+ Volume of Gas Initially in Place(GIIP) – 34.198 TCF(Eden’s share -17.099 TCF)

+ Recoverable Volume – 12.799 TCF of gas(Eden’s share – 6.349 TCF)


Coal Bed Methane

RISC reports that estimated Gross Contingent Resources of Coal Bed Methane contained in
the 10 PEDLs in South Wales(covering a prospective area of 247 square kilometres) in which Eden holds an interest are:

+ A 1C to 3C range of 687-1,363 BCF with a 2C estimate of 980 BCF


RISC reports that the estimated Gross unrisked Prospective Resource of Coal Bed Methane
contained in the 17 PEDLs in South Wales, Kent &Bristol Somerset(covering a prospective area of 1068 square kilometres) in which Eden holds an interest are:

+ A low to high estimate of 1,903-4,990 BCF with a best estimate of 3,088 BCF ...
www.stocknessmonster.com/news-item?S=EDE&E=ASX&N=543424

[Popeye82]

10 "Most Interesting Silver Stocks"; June ´11: the Silver Issue - HGR - May 29, 2011
www.highgradereview.com/category/silver-2011/

[Popeye82]

Uran - Traxys steigt groß ein - GI - May 27, 2011
www.goldinvest.de/index.php/uran-traxys-steigt-gross-ein-209…

[Popeye82]

Riesiges Eisenerzlager; Afghanistan - Regierung erwartet Angebote - GI/W- May 30, 2011

- B. Junker -
www.wallstreet-online.de/nachricht/3161265-riesiges-eisenerz…

"Afghanistan sitzt auf einem riesigen Schatz. Milliardenschwere Rohstoffvorkommen warten auf ihre Exploration. Doch die Sicherheitslage erschwert die Arbeiten.


Vor einiger Zeit haben amerikanische Medien mit Hinweis auf das Pentagon darüber berichtet, dass der Rohstoffreichtum in Afghanistan zu so mancher Träumerei verlocken kann. Erze, Gold, Lithium – große Mengen verschiedenster Rohstoffe warten in dem asiatischen Land darauf, gefördert zu werden. Damals war die Rede von bis zu 900 Milliarden Dollar, die im Boden versteckt liegen könnten.

Diese Schätzungen sind möglicherweise sogar als konservativ anzusehen. Denn alleine die Eisenerzvorkommen im Gebiet von Hajigak sollen einen Wert von bis zu 350 Milliarden Dollar haben. Diese Schätzungen beruhen auf Untersuchungen russischer Geologen sowie auf darauf folgende amerikanische Analysen. Dabei scheinen die Mineralisierungen in 16 Zonen aufzutreten. Ein Abbau im offenen Tagebau erscheint möglich. Bis zu 1,8 Milliarden Tonnen Gestein können nach diesen Prognosen abgebaut werden. Der Eisengehalt soll bei bis zu 63 Prozent liegen.

Die Regierung von Afghanistan hat dieses Areal, das rund 120 Kilometer von Kabul entfernt in der bergigen Provinz von Bamiyan liegt, für internationale Investoren ausgeschrieben. Diese sollen dort Eisenerz abbauen, möglicherweise kann vor Ort sogar eine Stahlproduktion aufgezogen werden. Nach intensiven Vorgesprächen und Untersuchungen stehen 21 internationale Unternehmen auf einer „short-list”. Diese Gesellschaften haben bis August Zeit, ein Angebot für das Areal abzugeben.

Zu den Interessenten zählt Stemcor aus London, der größte unabhängige Stahlhändler der Welt. Man gibt sich in London jedoch noch sehr zurückhaltend, da die entsprechenden Planungen im einem sehr frühen Stadion sind. Kilo Goldmines (WKN: A0X8JV) aus Kanada zeigt ebenfalls Interesse am Abbau der Erzlagerstätte, die die größte noch unbearbeitete Erzliegenschaft in Asien darstellt. Auch eine Reihe von indischen Firmen zählen zu den Kaufinteressenten. Bis zu 15 indische Gesellschaften umfasst die Liste der afghanischen Regierung, darunter befinden sich Tata Steel (WKN: A0DQQE), Steel Authority of India (SAIL, WKN: 899815) oder auch JSW Steel (WKN: 532642). Möglich scheint, dass die Inder das Gebiet gemeinsam abbauen. Entsprechende Gespräche zwischen den indischen Mitbewerbern deuten darauf hin.

Verschiedene Investoren haben das Gebiet kürzlich besichtigt. Deutlich wurde dabei vor allem, dass die Sicherheitslage Anlass zur Sorge gibt. Zudem ist das Gelände sehr schwierig, Infrastruktur ist bisher kaum vorhanden. Ferner fehlt es an geschulten Arbeitskräften. All diese Punkte müssen bei einer Bewerbung berücksichtigt werden. Die afghanische Regierung möchte den Zuschlag vor allem davon abhängig machen, ob dabei gleichzeitig ein vertikaler Integrationsprozess berücksichtigt wird. Damit soll verhindert werden, dass das Erz zur Stahlproduktion außer Landes gebracht wird. Es ist der Wunsch der Regierung, dass auch die Stahlproduktion im Land erfolgt. Für die bewerbenden Unternehmen macht dies die Lage nicht einfacher. "

[Popeye82]

REPEAT-BMO Study: Nearly 4/10 Small Businesses Looking to Expand Within Canada; A Majority of Entrepreneurs Also Set to Expand Abroad Within Five Years - May 30, 2011
www.marketwire.com/press-release/repeat-bmo-study-nearly-fou…

[Popeye82]

IBC Advanced Alloys - Appoints Retired U.S. Marine Corps Major General David Heinz to the Board of Directors; His decorations include the Defense Superior Service Medal, Legion of Merit, Meritorious Service Medal with Gold Star, Air Medal with bronze numeral 4, Navy Commendation Medal with three gold stars &the Navy Achievement Medal - May 30, 2011
www.marketwire.com/press-release/ibc-advanced-alloys-appoint…

[Popeye82]

Columbus Gold - Acquisition of 1.9 Million Oz. Paul Isnard Gold Project Approved by Columbus Gold Shareholders; Completion of AGM; Company proceeding to close the transaction over the next month - May 26, 2011
www.marketwire.com/press-release/acquisition-19-million-oz-p…

[Popeye82]

Castle Minerals - Auger Drilling Defines Large Gold Anomaly @Wa South - May 19, 2011

HL:

+ Auger drilling defines a widespread zone of open ended gold anomalism over a 5km x3km area

+ RAB drilling has commenced as a first test of these results

+ Anomalies sit in an excellent structural position south of an internal granite &near the intersection of two greenstone belts &near the interpreted extension of the Batie West shear zone

+ Extensional &infill auger drilling is ongoing ...
www.stocknessmonster.com/news-item?S=CDT&E=ASX&N=542347

[Popeye82]

Cardero Resource - Shareholders Approve Acquisition of Coalhunter Mining Corporation; shareholders voted 97.5% in favour - May 26, 2011
www.marketwire.com/press-release/cardero-shareholders-approv…

[Popeye82]

Lockheed attack highlights rise in cyber espionage; Hacking @Lockheed Martin highlights growing threat of cyber attacks against governments - AP, NEW YORK - May 30, 2011

- Chip Cutter +Lolita C. Baldor -
http://finance.yahoo.com/news/Lockheed-attack-highlights-apf…

"NEW YORK (AP) -- This cyber attack didn't go after people playing war games on their PlayStations. It targeted a company that helps the U.S. military do the real thing.


Lockheed Martin says it was the recent target of a "significant and tenacious" hack, although the defense contractor and the Department of Homeland Security insist the attack was thwarted before any critical data was stolen. The effort highlighted the fact that some hackers, including many working for foreign governments, set their sights on information that has the potential to be far more devastating than accessing credit cards.

Information security experts say a rash of cyber attacks this year -- including a massive security breach at Sony Corp. last month that affected millions of PlayStation users -- has emboldened hackers and made them more willing to pursue sensitive information.

"2011 has really lit up the boards in terms of data breaches," said Josh Shaul, chief technology officer at Application Security, a New York-based company that is one of the largest database security software makers. "The list of targets just grows and grows."

Lockheed Martin Corp. said in a statement Saturday that it detected the May 21 attack "almost immediately" and took countermeasures.

"Our systems remain secure; no customer, program or employee personal data has been compromised," the Bethesda, Md.-based company said. Neither Lockheed Martin nor federal agencies would reveal specifics of the attack, or its origins. Company spokeswoman Jennifer Whitlow declined to comment further on the case Sunday.

This isn't the first time Lockheed Martin has been targeted. Nearly four years ago, officials revealed that hackers had breached Lockheed's Joint Strike Fighter program. Officials said no classified information about the military program was compromised, but heightened protections were added.

Analysts said the latest attack would likely spur rival defense contractors like Northrop Grumman Corp., Raytheon Co., General Dynamics Corp. and Boeing Co. to take additional steps to safeguard their systems.

"I guarantee you every major defense contractor is on double alert this weekend, watching what's going on and making sure they're not the next to fall victim," Shaul said.

Boeing declined to comment on the company's network security measures. Northrop Grumman spokesman Randy Belote said in an e-mailed statement that "we do not comment on whether or not Northrop Grumman is or has been a target for cyber intrusions," adding that the company "continuously monitors and proactively strengthens the security of our networks."

Over the past several years, the U.S. government has become more aggressive in its efforts to tackle cybercrime, developing strategies to beef up government computer systems, expand cooperation with other countries and improve coordination with the private sector. President Barack Obama declared cybersecurity a top priority shortly after taking office in 2009, setting off several government-wide reviews to develop strategies to better secure government, business and public online activity.

The Pentagon last May set up a new Cyber Command, based alongside the National Security Agency at Fort Meade, Md., in recognition of the expanding threat against the Defense Department and the need to better coordinate the nation's offensive and defensive cyber operations. The Department of Homeland Security is also slowly employing an automated system -- known as Einstein 2 and Einstein 3 -- to protect government agencies' computer systems.

Still, the attacks have continued. William J. Lynn III, the deputy defense secretary, said in January that more than 100 foreign intelligence agencies have tried to breach U.S. defense computer networks, largely to steal military plans and weapons systems designs.

China is often pointed to as a source of cyber attacks because a large amount of malware, or malicious software, originates from there. The government denies it is involved but experts say the high skill level of some attacks suggests the Chinese military, a leader in cyberwarfare research, or other agencies might be stealing technology and trade secrets to help state companies.

Meanwhile, attacks against corporations have been growing this year. In March, RSA, the security division of data storage company EMC, acknowledged that its computer network was hacked. The implications are serious because RSA's technology underpins the security of some of the world's most closely guarded data. RSA makes small security devices that supply constantly changing numbers that are used as secondary passwords for accessing corporate networks and email.

Last month, more than 100 million online accounts were affected by the hacking of Sony's PlayStation Network gaming service and other online services.

Companies have gotten better at detecting attacks through so-called "intrusion software" that uncovers odd behavior on networks, said Alfred Huger, vice president of development at security firm Sourcefire. As recently as five years ago, Huger said, it was difficult for companies to even determine if they were being hacked.

Even with enhanced technology to fight cyber espionage, experts say it will continue and evolve.

Rich Mogull, analyst and CEO of Phoenix-based security research firm Securosis, noted that governments and defense agencies have been spying on each other throughout history. Computers have just made it easier to do so electronically.

"This is just what countries do," he said. "It's the unfortunate reality of how the world works."

Baldor reported from Washington. "

[Popeye82]

Rekordinsel in Seoul; Südkoreaner eröffnen weltgrößten schwimmenden Freizeitpark - DPA, SEOUL - May 30, 2011
http://web.de/magazine/reise/bildergalerie/bilder/12917980-r…

[Popeye82]

Ethiopia Targets 10-Fold Increase in Cement Production by ´15 - IIR, JOHANNESBURG - May 25, 2011
www.industrialinfo.com/showAbstract.jsp?newsitemID=179988

[Popeye82]

New Mining Tracker Tool Helps Companies Dig Out Mining Opportunities - IIR, SUGAR LAND - May 16, 2011
www.industrialinfo.com/showAbstract.jsp?newsitemID=179303

[Popeye82]

World Demand for Canada's Resources Stimulates $187 Billion in Mining Projects - IIR, SUGAR LAND - May 25, 2011
www.industrialinfo.com/showAbstract.jsp?newsitemID=179982

[Popeye82]

New Zealand Oil +Gas/Raisama - Acreage Reveals Enhanced Oil Potential; Prospect has a gross mean recoverable prospective oil resource of 380 million barrels; well is currently scheduled in mid to late ´12 - May 10, 2011
www.stocknessmonster.com/news-item?S=RAI&E=ASX&N=541183

[Popeye82]

Perilya - Announces an increase in Mineral Resource @Moblan; contained lithium increased by approximately 250%; Total 14.25Mt @1.41 Li2O - May 31, 2011
www.stocknessmonster.com/news-item?S=PEM&E=ASX&N=543695

[Popeye82]

Avanti Mining - Extends Letter of Intent With SeAH Holdings Corp Until June 17, 2011; CFO: "This extension does not change our financing strategy of selling a minority interest in Kitsault to a strategic partners or the timing to complete financing for construction start up early next year. There are several aspects to this negotiation including debt financing from other parties in Korea that require additional time to finalize" - May 27, 2011
http://finance.yahoo.com/news/Avanti-Extends-Letter-of-iw-28…

[Popeye82]

Yellowhead Mining - Drill Hole HC11-87 Returned Best Intersection to Date @Harper Creek - May 27, 2011
www.marketwire.com/press-release/yellowhead-mining-inc-drill…

[Popeye82]

Advanced Explorations - Commences Airborne Magnetic Survey Over Alaskan Iron Sands Project; CEO: "Airborne magnetic surveying is a rapid &cost effective way to map the distribution &thickness of the magnetite bearing sands. This survey information will be used to guide follow up exploration as we further define the attributes of the deposit. We believe the project's ocean location &proximity to China provide significant economic development advantages, &the magnetic survey is another step toward understanding the asset's true potential" - May 26, 2011
www.marketwire.com/press-release/advanced-explorations-inc-c…

[Popeye82]

WITSML technology with greatest momentum - SMT survey - FP - May 27, 2011
www.findingpetroleum.com/n/WITSML_technology_with_greatest_m…

"In a survey of geoscientists conducted by Seismic Micro Technology (SMT), respondents said that one of the new technologies with greatest momentum is WITSML, the data exchange standard for drilling data managed by Energistics.


In 2010, 25 per cent of respondents said they were using it, and in 2011, 34 per cent said they were currently using it, and a further 41 per cent said they planned to use it.

The company did not reveal how many geoscientists were surveyed, or their geographical location.

Also in the survey, three quarters of respondents said they thought prices would be above $100 at the end of 2011.

When the same survey was conducted in May 2010, under a third of respondents said they thought prices would rise to above $100 in a year.

56 per cent of respondents said their organisation was increasing exploration for unconventional oil.

Geoscientists said they expect the price of crude oil will be $150 per barrel at the end of 2012, in a survey conducted by geoscientific software company SMT.

The Eagle Ford shale (Texas) was the top resource identified for unconventional shale oil exploration, followed by the Marcellus and the Niobrara shales.

Indy Charkabarti, chief marketing officer of SMT, which organised the survey, said that the increasing interest in unconventional oil could reflect the fact that unconventional gas is proving unviable due to low gas price.

Survey respondents said that they needed a gas price of above $5 / MMBtu for unconventional gas to be economic in the US, and current prices are around $4 / MMBtu. A third of respondents said they needed prices higher than $7 / MMBtu for unconventional gas to be viable. "

[Popeye82]

EnergieAutarke Haus - erstes Haus ohne Netzbetreiber - GoMoPa - May 20, 2011
www.gomopa.net/Pressemitteilungen.html?id=739&meldung=Energi…

"Über dieses Einfamilienhaus werden sich die vier Stromriesen RWE, Vattenfall, E.ON, EnBW, die mehr als 800 Gaslieferer und 3.500 Heizöllieferanten schwarz ärgern.


Es war für sie schon schlimm genug, dass Professor Timo Leukefeld (41) aus Freiberg in Sachsen bislang 70 Sonnenhäuser baute, bei denen man die Heizkosten sparen konnte. Gleich zwei Mal heimste Leukefeld dafür den Deutschen Solarpreis (2001 und 2006) ein. Doch nun setzte der Vorstand des Sonnenhaus Instituts e. V., das im bayerischen Straubing ansässig ist, seiner Projektarbeit die Krone auf:

Seit dem 5. Mai 2011 steht das erste vollkommen "EnergieAutarke Haus" im HELMA-Musterhauspark in Lehrte bei Hannover (Zum Meersefeld 4, 31275 Lehrte) für Jedermann zur Besichtigung bereit. Fast sechs Monate hat der Bau des zweietagigen Musterhauses gedauert. Nun kann man es bei der HELMA Eigenheimbau AG aus Lehrte zu einem Preis von knapp 370.000 Euro bestellen und aus einer Hand aufbauen lassen, wo immer man will.




Wenn es sein muss, auf einer einsamen Insel. Denn dieses Haus (Foto © Helma Eigenheimbau AG) braucht weder eine Elektroleitung noch ein Gasrohr zu einem Versorger. Es ist komplett vom Energie-Versorgungsnetz getrennt und liefert aus eigener Kraft mollige Wärme und Strom für eine vierköpfige Familie auf 168 Quadratmetern Fläche. Und nachts, wenn man zum Beispiel nicht unterwegs ist, kann man auch noch sein Elektroauto oder seinen Elektromotorroller oder die batteriegetriebenen Fahrräder aufladen.

Bei althergebrachten Konzepten gibt man den selbsterzeugten Strom ins öffentliche Netz (gegen eine lukrative Vergütung) und kauft sich Strom für die Steckdose oder für die Betreibung von Heizungen bei Bedarf zurück. Man spart dabei viel Geld oder macht sogar noch Gewinn.

Bei dem neuen Konzept gibt man gar kein Geld mehr aus (bis auf den Preis für ein paar Scheite Holz als Notzuheizung) und hat, wenn man vom Netz getrennt ist, auch keine Einnahmen. Aber als Preis dafür bekommt man die Unabhängigkeit.


Bauherr Helma preist die neue Segnung der Autarkie, also der selbständigen Versorgung, so:

Bei Bau- und Heizkonzepten, die Strom zum Heizen verwenden, beispielsweise für Wärmepumpen oder Wärmerückgewinnung, ist Energieautarkie, ja selbst Energieeffizienz, lediglich ein Rechenexempel:

Der bei diesen Baukonzepten in der Regel über eine große Photovoltaik-Anlage erzeugte Solarstrom wird, da er zumeist dann anfällt, wenn nicht geheizt werden muss, ins öffentliche Stromnetz eingespeist.

Während der kälteren Jahreszeit, wenn Energie zum Heizen benötigt wird, muss dieser Strom aus dem öffentlichen Netz wieder bezogen werden. Zwar ergibt sich rein rechnerisch eine positive Energiebilanz, wenn das Haus mehr Strom ins Netz einspeist, als es aus dem Netz bezieht. Jedoch bleibt es bei der Versorgung durch die Stromlieferanten und der damit verbundenen Abhängigkeit. "

[Popeye82]

Antwort auf Beitrag Nr.: 41.329.312 von Popeye82 am 06.04.11 17:41:29

Talon Metals - Announces Additional Positive Drill Results on Target Area2 @TRAIRÃO; Of the additional 10 holes drilled, 9 intersected wide zones of mineralization, with drilled intersection widths of between 70 &134 metres &with grades of between 23% Fe &33% Fe. All of these holes(except one, TRC-0117) ended within the mineralized zone, @the maximum depth capacity of the RC drill rig; total strike length of drill confirmed iron mineralization on Target Areas 1 +2 has increased to about 10,500 metres; CEO: "These results continue to confirm the consistency of iron mineralization over all the areas that have been drilled to date along the 21 kilometre strike length of the Trairão ridge which covers Target Areas 1, 2 +3"; Updated NI 43-101 Mineral Resource Estimate Expected in July -May 31, 2011
http://finance.yahoo.com/news/TALON-METALS-ANNOUNCES-cnw-294…
http://files.newswire.ca/882/Talon.docx

[Popeye82]

Volta Resources - Intersects 174.35m @1.01 g/t Gold, Including 7m @2.28 g/t Gold @its Kiaka Gold Project in Burkina Faso; CEO: "We are encouraged that we have demonstrated consistent mineralization beyond 400 metres depth -considerably deeper than our initial goal of 300 metres. Today's results are a portion of the results to be used in the upcoming NI 43-101 resource update, due out @the end of June" - May 31, 2011
http://finance.yahoo.com/news/VOLTA-INTERSECTS-174-35-1-01-c…

[Popeye82]

Quickstep Holdings - Commissions 1st Industrialised Manufacturing Plant - May 30, 2011

HL:

+ Quickstep has commissioned its first production-ready manufacturing plant @its facility in Germany – representing the first industrialised “turn-key” Quickstep Plant

+ Plant expected to simplify &streamline manufacturing process for end users

+ Ability to cure composite components based on standardised Quickstep Process ‘recipes’ expected to add further value for customers

+ New revenue streams expected for Quickstep from sale of manufacturing plants, royalties, materials &support

+ Considerable early interest from potential customers, with discussions underway ...
www.stocknessmonster.com/news-item?S=QHL&E=ASX&N=543461

[Popeye82]

Plant Impact Plc - InCa Boost for Carrots; detailed trial was carried out in Scotland during ´10 to assess the effects of InCa as a foliar application on carrots. The study looked @yield, brix(sugar content), size, calcium content &also considered visual observations; total yield increased by 32% &the marketable yield rose by 19% - May 19, 2011
www.plantimpact.com/Libraries/englishDownload/InCa_Carrot_Tr…


Arysta LifeScience, the world’s largest privately-held crop protection &life science firm , Buy Into Plant Impact; In addition the companies have entered into two commercial agreements, will continue to evaluate opportunities in a number of emerging markets, such as Africa, Asia +Latin America - May 25, 2011
www.plantimpact.com/Libraries/spanishDocument/ALS_Equity_Dea…

[Popeye82]

Kootenay Gold - Drills 146 gpt Silver eqv over 234m as 10,000 Meter Drill Program Concluded; Major 25,000 Meter Multi-Phase In-Fill Drilling &Resource Definition Program to Commence @Promontorio Silver Project, single largest &most expansive drill campaign ever conducted @Promontorio - May 31, 2011
http://finance.yahoo.com/news/Kootenay-Drills-146-gpt-cnw-28…

[Popeye82]

Beaufield Resources - Starts Fieldwork for Iron @Schefferville; ground gravity survey covering 12 targets is underway on its 100% owned Schefferville Iron property in Quebec; detailed interpretation has indicated more than 20 high gravity anomalies associated with low magnetic values located on ground believed to be underlain by the Sokoman Iron formation, These types of anomalies are considered excellent targets for locating enriched Direct Shipping Ore("DSO") iron oxide deposits; interpretation has also delineated 8 prospective SEDEX zinc targets; ground gravity survey will assist in the selection of drill targets for a planned ´11 summer/fall drill program, geological field exploration program is scheduled to begin in early June - May 27, 2011
www.marketwire.com/press-release/beaufield-starts-fieldwork-…
http://file.marketwire.com/release/BFD_Schefferville_Iron%20…

[Popeye82]

Cyclone Power Technologies - Files QR &Releases Progress Letter to Shareholders - May 25, 2011
http://finance.yahoo.com/news/Cyclone-Power-Technologies-bw-…

[Popeye82]

Breakaway Research... Reports on Potash West; Potash West is an exploration company focused on developing potassium-rich glauconite deposits in West Australia's Perth Basin. The company aims to define a substantial resource base &investigate how best to recover potash from the mineral. A successful commercial outcome will allow the company to become a major contributor to the potash market @a time of heightened demand - BR - May 17, 2011

- G. Wendt +A. McLeod -

+ Successful A$6m IPO closed early &oversubscribed

+ Tenure over one of the world’s largest known glauconite deposits

+ Significant potassium resource potential

+ High recoveries possible with new ‘simple’ extraction technology

+ Glauconite deposits are near surface or outcropping

+ Potash demand is likely to remain robust ...
www.vision6.com.au/download/files/18587/1369967/Potash%20Wes…

[Popeye82]

Northland Resources - Signs Agreement With Peab for the Civil Works @the Kaunisvaara Iron Ore Project; Construction of the civil works is expected to be completed in Q3 ´12 - May 31, 2011
http://tmx.quotemedia.com/article.php?newsid=41772500&qm_sym…

[Popeye82]

The China Analyst, Doing Business in a Fast Changing China - TBA - Mar11

Features

+ China in 2030: Outlines of a Chinese Future

+ China´s Construction Industry: Strategic Options for Foreign Players

+ Gearing Up: Engaging China´s Globalising Machinery Industry

+ Clean Coal: China´s Coming Revolution


Regulars

+ China Sourcing Strategy

+ China Capital: Inbound/Outbound FDI &Financial Markets

+ Strategy: China Shenhua

+ Regional Focus: China-Africa
+ Regional Focus: China-Australia
+ Regional Focus: China-Latin America
+ Regional Focus: China-Russia
http://thebeijingaxis.com/en/news-a-media/the-china-analyst/…

[Popeye82]

Oceanic Iron Ore - Appoints SECOR to Study Potential Economic Benefits to Nunavik +the Province of Quebec - May 31, 2011
www.marketwire.com/press-release/oceanic-appoints-secor-stud…

[Popeye82]

Economy suffers biggest slump in 20 years - AI - 1-Jun-2011
http://australianinvestor.com.au/news.asp?id=40805

"Our economy has contracted in the first quarter at is steepest pace since 1991 after natural disasters disrupted exports.


Gross domestic product dropped 1.2 per cent in the March quarter, from a rise of 0.8 per cent in the December quarter. Forecasts centred on a 1.4 per cent contraction, reported The Australian.

The last time GDP contracted was in the December quarter of 2008, at the height of the global financial crisis. The first-quarter decline was the biggest fall since the March quarter of 1991, when the economy shrank 1.3 per cent.

The retreat, caused by floods in Queensland and cyclones that hurt exports in key industries such as coal mining, slowed the annual pace of growth to 1 per cent.

"Flooding which began in late December 2010 combined with cyclones in both Queensland and Western Australian have had a significant impact on the March quarter activity," the Australian Bureau of Statistics said.

"Despite the fall in GDP volumes there was an increase of an increase of 0.3 per cent in real gross national income driven by an increase of 5.8 per cent in the terms of trade on the back of stronger commodity prices." "

[Popeye82]

Cashed up Canadian Tech Stocks - CTL - May 30, 2011
www.cantechletter.com/2011/05/the-cash-issue/

[Popeye82]

Premium Exploration - Discovers More Gold 20 km from 1st Discovery - May 31, 2011
www.marketwire.com/press-release/premium-exploration-discove…

[Popeye82]

Kane Biotech - Awarded Contract by the United States Army to Develop Antibiofilm-Antimicrobial Wound Gel - May 31, 2011
www.marketwire.com/press-release/kane-biotech-awarded-contra…

[Popeye82]

Thomson Resources(TMX) commences extensive drilling progam - AI - 1-Jun-2011
http://australianinvestor.com.au/news.asp?id=40802
www.stocknessmonster.com/news-item?S=TMZ&E=ASX&N=636420

"Thomson Resources Ltd has announced that drilling has commenced to test its Cobar-type base and precious metal targets within its extensive tenement holding over the highly prospective Thomson Fold Belt in north-western NSW.

The Company plans to test up to 15 of its key bulls-eye magnetic targets as defined from previous exploration. The drilling over the next 4-5 months is part of the Company’s planned program to define new mineral deposits within this under-explored region.

An analysis of the rock properties of the drill core together with geophysical modelling indicates that the Compass drill hole (CRCDC01) did not test its target. The subsequent geophysical modelling predicts a substantially more magnetic body, which may be associated with higher levels of base metal mineralisation, below the current drilling. This is the target for the first drill hole. "

[Popeye82]

Wildcat Silver - Announces Drill Results Including 20.0metres of 329.8g/t Silver, 2.83% Manganese, 0.5% Zinc, 3.81% Lead &0.12% Copper - Jun 1, 2011
http://finance.yahoo.com/news/WILDCAT-ANNOUNCES-DRILL-cnw-69…

[Popeye82]

Salazar Resource - Continues to Cut High Grade in Curipamba With 7.95 Meters of 10.32 g/t Gold, 227.51 g/t Silver &6.31% Zinc - Jun 1, 2011
www.marketwire.com/press-release/salazar-continues-cut-high-…

[Popeye82]

Google warnt vor Gmail-Hackern; Angriff aus China ; Zu den Geschädigten gehören demnach auch hochrangige US-Regierungsmitarbeiter, chinesische Regimegegner, Journalisten, Militärs +Amtsträger aus Asien, vor allem aus Südkorea; Angreifer hätten sich die Passwörter erschlichen +hätten dann vermutlich den E-Mail-Verkehr ausspioniert; Konzern war nach eigenen Angaben schon ´09 massiv angegriffen worden. Damals hatten die Hacker ebenfalls versucht, die E-Mail-Konten von Regimegegnern zu knacken. Google prangerte den Vorgang öffentlich an +ging auf Konfrontationskurs mit der chinesischen Führung. In den USA wird vermutet, dass Peking hinter den damaligen Attacken steckt - DPA, PALO ALTO - Jun 1, 2011
www.wallstreet-online.de/nachricht/3163251-google-warnt-vor-…

[Popeye82]

Ord River Resources - SARCO Sign MoU for US$600million EPC for Alumina Refinery; NFC Designed +built 60% of China’s entire alumina refinery capacity - Jun 2, 2011
www.stocknessmonster.com/news-item?S=ORD&E=ASX&N=636542

[Popeye82]

Iron Road - Mineral Resource Estimate - Jun 2, 2011
www.stocknessmonster.com/news-item?S=IRD&E=ASX&N=544017

[Popeye82]

H2O Innovation - Once Again Recognized As One of Canada's 200 Fastest-Growing Companies Over The Last Five Years - Jun 1, 2011
www.marketwire.com/press-release/h2o-innovation-once-again-r…

[Popeye82]

IBC Advanced Alloys - Signs Exclusive Supply Agreement, to a global leader in the design &manufacture of high-technology assembly equipment ; Beralcast® Alloys Contributes to Manufacturing Excellence - Jun 2, 2011
www.marketwire.com/press-release/ibc-advanced-alloys-signs-e…

[Popeye82]

Erdene Resource Development - Announces Updated NI 43-101 Compliant Resource Estimate for the Zuun Mod Molybdenum-Copper Project; 218Mt @0.057% Mo +0.069% Cu M/I - Jun 2, 2011

+ Measured +Indicated resources increased by 38 million tonnes or 21% to 218 million tonnes

+ Contained molybdenum metal in the Measured +Indicated resource increased by 27% from 215 million pounds to 274 million pounds

+ Contained copper metal in the Measured +Indicated resource increased by 30% from 255 million pounds to 331 million pounds

+ The average grade for the Measured +Indicated resources increased 5.6% for molybdenum +7.8% for copper, to 0.057% molybdenum +0.069% copper ...
www.marketwire.com/press-release/erdene-announces-updated-ni…

[Popeye82]

Timberline Resources - Reports Additional High-Grade Gold Intercepts @Butte Highlands - Jun 2, 2011
http://finance.yahoo.com/news/Timberline-Reports-Additional-…

[Popeye82]

Outbreak in Europe blamed on 'super-toxic' strain; Food-poisoning outbreak in Europe blamed on 'super-toxic' E. coli strain that may be brand new - AP, LONDON - Jun 2, 2011
http://finance.yahoo.com/news/Outbreak-in-Europe-blamed-on-a…

[Popeye82]

Sony probing claim hackers stole user information; stole more than 1 million pieces of user information; hackers, who call themselves LulzSec, said they pulled off what they described as an elementary attack to highlight Sony's "disgraceful" security. "Every bit of data we took wasn't encrypted. Sony stored over 1,000,000 passwords of its customers in plaintext, which means it's just a matter of taking it," LulzSec said in a statement. "They were asking for it." - AP, LONDON - Jun 2, 2011

- Raphael G. Satter +Cassandra Vinograd -
http://finance.yahoo.com/news/Sony-probing-claim-hackers-apf…

[Popeye82]

Forscher produzieren Aids-Antikörper aus Tabak - PT - Jun 4, 2011
www.wallstreet-online.de/nachricht/3165955-forscher-produzie…

[Popeye82]

Autos der Zukunft verschmelzen mit Smartphones; ramps up IVI("In-Vehicle-Infotainment(-Lösungen)" ) - PT, FRANKFURT - Jun 4, 2011
www.wallstreet-online.de/nachricht/3165925-autos-der-zukunft…

[Popeye82]

Moody's warns big banks of possible downgrades; Bank of America, Citigroup +Wells Fargo may no longer be too big to fail; think about to downgrade itself - FY - Jun 2, 2011
http://finance.yahoo.com/news/Moodys-warns-big-banks-of-apf-…

[Popeye82]

Amerikanisches U-Boot soll fliegen lernen; Die US-Navy erfüllt sich einen Traum: Ein schnelles Unterseeboot, das als Jet die Wasseroberfläche verlässt, um in den Himmel aufzusteigen - Web.de - Jun 5, 2011

- Anatol Johansen -
http://web.de/magazine/wissen/mensch/12946520-amerikanisches…

"Haubentaucher und Pelikane tun es. Kormorane und Eisvögel tun es. Der Dienstwagen von James Bond tut es – allerdings nur ansatzweise und längst nicht so radikal und elegant wie das Gefährt, das den Forschern des US-Pentagons vorschwebt: Die Experten sammelten Pläne für ein "Flying Submarine"; für ein Tauchflugzeug, dass sich wie ein Pelikan aus vollem Flug unbeschadet in die Tiefe stürzt – um dann behände und lautlos seinen Beutezug unter Wasser fortzusetzen. Das Universalgefährt soll U-Boot, Flugzeug und Rakete zugleich sein.




Die Pläne brechen mit allen Grundgesetzen der Ingenieurskunst und klingen so abenteuerlich, dass die wichtigste Forschungsbehörde der US-Army bei Bekanntgabe mit Spott und Hohn überzogen wurde. "Für dieses Geld werden sie sogar jemanden finden, der ihnen erzählen wird, dass es möglich ist, einen Sandwich aus Suppe zu entwickeln, der nach Filet Mignon schmeckt und – wenn sie ihn in den Benzintank eines Hummers stecken – für eine Fahrstrecke von 100 Kilometern ausreicht", witzelte der Marine-Fachmann und frühere US-Navy-Offiziers Jeff Huber vor drei Jahren.

Damals hatte die Defense Advanced Research Projects Agency DARPA in Arlington, Virginia – die über ein Jahres-Budget von drei Milliarden Dollar verfügt – eine Machbarkeits-Studie vergeben für ein Fahrzeug, das sich in der Tiefsee und über den Wolken fortbewegen kann. Gegenwärtig nun werden die Vorschläge für das sonderbare Gefährt bewertet, um mit Anschluss-Aufträgen weiter geführt zu werden – was Jeff Huber ebenfalls erbost. "Das Flying Sub ist einer von Tausenden, wenn nicht Zehntausenden von absolut blödsinnigen Waffen-Vorschlägen", ärgert sich der Navy-Kritiker, "die – wenn sie erst einmal im System integriert sind – von Zeit zu Zeit auftauchen, um die tief hängenden Militär-Dollar vom DARPA-Baum abzuschlagen." "

[Popeye82]

Weltrekord: Auto fliegt 100m ; Tanner Foust stürzte sich eine zehn Stockwerke hohe Rampe hinunter - Web.de - Jun 5, 2011
http://web.de/magazine/auto/verkehr-service/12955604.html#.A…

[Popeye82]

Rey Resources - Maiden Coal Reserve @Duchess Paradise - Jun 6, 2011
www.stocknessmonster.com/news-item?S=REY&E=ASX&N=544347

[Popeye82]

Carbon Energy - signs Agreement for Major International Acquisitions; has the potential to increase Carbon Energy’s coal resources by almost 3x, to in excess of 2 billion tonnes - Feb 23, 2011
www.stocknessmonster.com/news-item?S=CNX&E=ASX&N=229396


Carbon Energy Completes Major International Acquisitions - Apr 7, 2011

HL:

+ The transaction delivers projects in three locations: Wyoming(USA), Montana/North Dakota(USA) &Amasra(Turkey) &

- establishes key relationships with strategic partners in key energy markets; &
- diversifies regulatory &market risk.


+ Carbon Energy can potentially increase its coal resources by almost three fold to in excess of 2 billion tonnes if we are able to fully develop these assets combined with our existing 668 million tonnes(Mt) @our Queensland location(450Mt Inferred &218 Mt Indicated with 2 metres cut-off). Our key commercial criterion for these projects is a resource of 500 Mt of in-situ coal @each of the three locations.


As announced on the 23rd Feb, this transaction delivers potential energy projects in the United States of America &Turkey as initially developed by the Clean Coal Group:

+ Wyoming, USA: Carbon Energy has the right to explore +lease coal tenements with Anadarko Land Corporation over 113 km of tenements

+ Montana / North Dakota, USA: Carbon Energy has the right to explore +lease coal tenements with Great Northern Properties(subsidiary of the Quintana Capital Group) in an area over 276 km of tenements

+ Amasra, Turkey: Carbon Energy will establish a 50/50 joint venture with Hema Endustri to develop UCG projects in Hema’s coal tenements in Amasra. ...
www.stocknessmonster.com/news-item?S=CNX&E=ASX&N=230975

[Popeye82]

Verona Pooth: Das Baby ist da! - AFP - Jun 5, 2011
http://web.de/magazine/unterhaltung/klatsch-tratsch/12954952…

[Popeye82]

Krill oil boom is real - SH - Jun 6, 2011

- Andrew Mickey -
www.stockhouse.com/Columnists/2011/Jun/3/Krill-oil-boom-is-r…

[Popeye82]

Linc Energy Acquires Significant Oil Producing Assets in Texas &Louisiana, USA - AI - 6-Jun-2011
http://australianinvestor.com.au/news.asp?id=40829
www.stocknessmonster.com/news-item?S=LNC&E=ASX&N=232478

"Linc Energy has acquired 14 oil fields consisting of 156 leases covering approximately 13,400 acres in the Gulf Coast Region of Texas and Louisiana, from ERG Resources LLC, at a purchase price of US$236m.


+ Current oil production is approximately 3,300 barrels per day (over 1.1 million barrels per annum).

+ The immediate plan over the next 12 months is to increase oil production on the acquired fields with additional drilling and well optimisation so as to exceed 6,300 barrels per day (over 2.2 million barrel per annum) by the 4th Quarter of 2012.

+ The potential also exists for a significant increase in production from Enhanced Oil Recovery (CO2 flooding) which Linc Energy will be investigating over the coming 12 months.

+ Acquired fields contain Net Proven Reserves (1P) of 20.5 Million Barrels of Oil (MMBO), and Net Proven and Probable Reserves (2P) of 22.3 MMBO.

+ These assets are cash flow positive on day one of the acquisition.

+ The Royal Bank of Scotland (RBS) has commenced arranging minimal recourse debt financing to support the acquisition and the first year of capital expenditure for both the ERG assets and the previously acquired Rancher Energy Corp. oil field assets in Wyoming. "

[Popeye82]

Zukunftsthema Biomining; Biomining als Bergbau der Zukunft - W- May 20, 2011

- D. Müller -
www.wallstreet-online.de/nachricht/3156636-zukunftsthema-bio…

"Können Sie eigentlich mit dem Begriff Biomining etwas anfangen? Ganz grob gesagt handelt es sich dabei um Bakterien, die Silber, Gold, seltene Erden und so weiter abbauen. Das erste Bild, das sich einem da aufdrängt ist das von winzigen Krabblern mit Helm und Laterne, die lustig pfeifend hintereinander in den Erzstollen marschieren. Doch da ist noch viel mehr dahinter.


In unserer aktuellen Studie zum Thema Biomining haben wir uns diesen Zukunftstrend, die Unternehmen in dieser Sparte und die davon profitierenden Aktien einmal genauer angesehen. Es ist ein faszinierendes Thema. Zunächst steht der ganz traditionelle Bergbau an. Das Gestein wird gebrochen, ans Tageslicht gefördert und dort zermahlen.

Nun werden „Metall fressende“ Bakterien zusammen mit Schwefelsäure dem Steingranulat zugegeben. Die Bakterien machen sich jetzt mit Heißhunger über die Erze her und lösen so das Nickel, die seltenen Erden oder was sonst angeboten wird aus dem Gestein heraus. Das macht den normalen Prozess in aufwendig beheizten Hochöfen mit Temperaturen jenseits der 1000 Grad überflüssig. Der riesige Energieeinsatz entfällt.

Es wird nur noch elektrochemisch das in der Bakterien-Schwefelsäure-Brühe gelöste Metall herausgelöst. Der Energieeinsatz ist somit wesentlich geringer und selbst aus wenig erzhaltigem Gestein lassen sich auf diese Weise Grundstoffe gewinnen. Sogar aus Zivilisationsmüll lassen sich Rohstoffe zurückgewinnen.

Schwierige Abbaubedingungen werden umgangen, Effizienzerhöhung, umweltverträglicher und ohne Erzeugung von schädlichen Gasen – die Vorteile zu herkömmlichen Methoden liegen auf der Hand. Das Thema ist ausgesprochen faszinierend, wird sicherlich in den nächsten Jahren seine Einsatzgebiete finden oder ausweiten und ist noch in keiner Apothekenumschau besprochen worden. Ein tatsächliches Zukunftsthema also.

Einen kleinen Wermutstropfen gibt es allerdings doch. Als Goldinvestor bereitet es mir schon ein wenig Sorge, wenn ich daran denke, dass es eine ähnliche Methode ermöglichen soll, Gold aus dem Meerwasser zu gewinnen. Doch dieses Verfahren dürfte hoffentlich noch weiter in der Zukunft liegen. "

[Popeye82]

Hodges Resources - Increased Exploration Target, of 1.4 to 1.6 Billion Tonnes of Coal for Moiyabana, Botswana - Jun 7, 2011

HL:

+ In situ coal exploration target estimate increases to between 1,400Mt &1,650Mt

+ 660Mt with potential for being amenable to open cast mining methods

+ The deposit is amenable to a wide variety of bulk open cut mining methods ...


key conclusions returned from the Independent Geological Review:

+ There is an estimated 1,400Mt to 1,650Mt of in situ coal within the Exploration Target at a range of 35% to 45% raw ash based on a relative density of 1.6 &within an area for which there is reasonable confidence in modelling limits.

+ Of the total in-situ coal there is an estimated 660 Mt with potential for open cast mining methods @present.

+ The coal seams are shallow dipping &appear to be consistent throughout the lease area. No major faulting or displacements are currently evident from the data available; however there is the possibility that further drilling may delineate further structure.

+ The structure of the deposit makes it amenable to a wide variety of bulk open cut mining methods.

+ The coal is relatively homogenous over a large area.

+ Depending on further coal studies, coal processing has the potential to be simple &low cost.

+ The coal product is relatively low in sulphur averaging between 0.7% - 1.0% @a relative density of 1.6.


following strengths have been identified for the project:

+ The deposit is structurally simple which will assist with lower mining costs.

+ There is a large area of low strip-ratio coal as a potential open cut mining resource.

+ The deposit’s structure makes it amenable to a wide variety of bulk open cut mining methods.

+ The coal is relatively homogenous over a large area.

+ Depending on further studies, coal processing has the potential to be simple &low cost.

+ The coal product is low in sulphur.

+ Current drilling &test results provide a good basis for expansion of exploration.

+ Botswana is politically stable &amenable to investment.


main opportunities identified:

+ There is potential for an open pit mining operation @low strip ratios for coal with higher than average yields

+ Further exploration will increase confidence in the coal resource estimate

+ A drilling program could raise the deposit to a JORC standard Resource &Reserve estimate

+ Further exploration will improve knowledge of raw &product coal qualities, allowing for economic optimisation

+ Future coal sampling could test for coking properties, particularly in the upper seams

+ The relatively unexplored middle &upper seams have the potential to add value to the project. ...
www.stocknessmonster.com/news-item?S=HDG&E=ASX&N=544534

[Popeye82]

MicroVision - SHOWWX+ Coming To Apple Stores in EMEA; Top-tier European distributor to supply Apple users big-screen, in-motion projection experience, starting this month - Jun 2, 2011
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…

[Popeye82]

Ethiopian Potash - Appoints New Director - Jun 2, 2011
www.marketwire.com/press-release/ethiopian-potash-appoints-n…

[Popeye82]

Solitario Exploration +Royalty - Reports Significant Drilling Results, Up to 81.2m of 1.93g/t AuEq; Plans Additional ´11 Drilling Program - Jun 2, 2011
www.solitarioxr.com/news/06022011.pdf

[Popeye82]

Catalyst Copper - ´11 La Verde Drill Program returns 0.76% Cu, 0.2 g/t gold over 175 meters - Jun 6, 2011
http://finance.yahoo.com/news/2011-La-Verde-Drill-Program-cn…

[Popeye82]

Rogue Resources - Increases Brokered Private Placement Offering to $4 Million; intends to use the net proceeds of the Offering primarily for expenditures on the Company's Radio Hill Property +for general working capital - Jun 2, 2011
www.marketwire.com/press-release/rogue-resources-increases-b…

[Popeye82]

Oceanic Iron Ore - Announces Fast-Tracking of Resource Estimate Work +Preliminary Economic Assessment, expected in early Oct ´11; current drill program, targeted to delineate approximately 1 billion tonnes at 30% -35%Fe @Hopes Advance Bay by the end of the fourth quarter ´11, is expected to continue through September, with a further two drills(for a total of 5 drills on-site) scheduled to be delivered on-site by the middle of July - Jun 2, 2011
www.marketwire.com/press-release/oceanic-iron-ore-corp-annou…

[Popeye82]

Largo Resources - Secures Land Rights for Mining +Development @Its Maracas Project, Bahia Brazil; Submit Application for Installation License Imminently - Jun 2, 2011
www.marketwire.com/press-release/largo-secures-land-rights-m…

[Popeye82]

EMED Mining - Responses to Government Departments for Restart of Rio Tinto Copper Mine - 2 June 2011

Department of Industry will now consider the Company’s responses to their requests, summarised below:

+ Reviews of project costs re-affirm that the Base Case projections remain reasonable;

+ Independent reviews have re-affirmed the suitability of the Company’s processing plans for optimising concentrate quality. The Company has volunteered to conduct an R&D program to investigate future industry developments to improve on-site processing technology, tailored to the Rio Tinto ore +other deposits in the region;

+ The Company has offered to refine its water management plans in due course to align them with the Government’s recently announced intention to introduce a long term hydrological plan for the Odiel River;

+ The Company has advised the Andalucian Government that it is prepared to consider assuming responsibility for the rehabilitation of additional land outside the current project area that could also play a role in potential future expansions. This proposal is conditional upon a detailed analysis of environmental requirements +must not delay current permitting.


In addition to this, the Company confirmed its intention to:

+ Commence an exploration program as soon as practicable after the grant of Administrative Standing. This will be targeted @the significant potential for increasing mine life +supporting future operational expansions; +

+ Offer an enlarged social protection package to employees within industry norms. ...
www.emed-mining.com/announcements/responses-to-government-de…


Geological Modelling Highlights Significant Underground Potential @Rio Tinto Mine; In ´93 Chief Geologist of Rio Tinto Minera SA(associate of Rio Tinto Plc) reported part of the San Dionisio deposit(the Alfredo Stockwork) as containing “geological resources”(non 43-101 compliant) of 17.2 million tonnes @1.45% copper. Based on EMED Mining’s detailed investigation of over 1,000 drill holes &underground sampling data(data has now been digitised &initial block models prepared), Company concluded that the previously reported tonnage is worthy of assessment for modern mine development &is part of a much larger zone of mineralisation worthy of investigation within the context of today’s industry economics; intends to undertake further work to investigate the development potential of San Dionosio &allow a NI43-101 resource to be reported - as soon as permitting for the project allows; MD: "We have always felt that the Rio Tinto Mine is likely to have a mine life significantly in excess of the 14 years in our published base case. We have already reported the potential to expand the planned Cerro Colorado open pit &today we put the spotlight on one of the adjacent underground deposits that we believe can complement the already planned operations. Our goal is to systematically identify &develop the full potential of the Rio Tinto complex" - Jun 7, 2011
www.emed-mining.com/announcements/geological-modelling-highl…
www.emed-mining.com/dmdocuments/11%2006%2007%20-%20EMED%20Mi…

[Popeye82]

Brockman Resources - Marillana Development on Track - Jun 2, 2011

HL:

+ Key Marillana Project Development activities proceeding on track

+ Final metallurgical test-work results are exceeding expectations based upon Definitive Feasibility Study parameters

- improved beneficiation recoveries indicate upside in final product quality +quantity


+ Brockman not affected by recent increases in State Royalties for Iron Ore Fines

+ In the absence of a substantial improvement in the offer, the Brockman Board continues to re-iterate DO NOT ACCEPT ...
www.stocknessmonster.com/news-item?S=BRM&E=ASX&N=543987

[Popeye82]

Equatorial Resources - Expansion of Drilling Program at Mayoko-Moussondji - May 10, 2011

HL:

+ Wallis Drilling has been contracted to supply additional drill rigs for a 28,000m drilling program @Equatorial’s 100% owned Mayoko-Moussondji Iron Project.

+ Additional drill rigs will rapidly advance the identification of “hematite cap”
mineralisation @the Makengui Prospect.

+ The Wallis Drilling program is due to commence with two drill rigs during June ´11
+will operate in parallel with the existing one rig drilling program already underway
with Partners Drilling International. ...
www.stocknessmonster.com/news-item?S=EQX&E=ASX&N=541110

[Popeye82]

Digital Energy Journal, Issue 31 - FP - Jun11

+ RESQML - helping you control subsurface data

+ Keeping subsurface applications under control

+ Drilling simulators - get a better understanding when you're drilling

+ Getting control of supply chains

+ Listening to your wells with fibre

+ Robotic tools for well interventions ...
http://c183554.r54.cf1.rackcdn.com/DEJ31webb.pdf

[Popeye82]

Nemaska Exploration - Announces Updated Resource Estimate on Whabouchi: 25 MT @1.54% Li2O +140ppm Be Measured +Indicated In-Pit Resource; covers a strike length of 1,315m to a maximal depth of 520m below surface(from top of hill). The final mineral resources which are located inside the optimised pit reach 350m below surface(maximum depth of optimised pit); interpolated blocks of the block model located below the optimised pit shell are not included; CEO: "The revised resource estimate puts Whabouchi as the largest measured resource of spodumene in the world , ... With 25 million tonnes in the measured +indicated categories we now have a potential of 25 years of resources to mine. By upgrading the resource into the M&I categories we have demonstrated increased confidence in the estimate +we are now proceeding to the feasibility stage. This study is due for completion in the fall of this year" - Jun 7, 2011
www.marketwire.com/press-release/nemaska-announces-updated-r…
http://media3.marketwire.com/docs/Fig1_long_section.pdf

[Popeye82]

Riverstone Resources - Reports 38 Metres Grading 5.6 g/t Gold From Karma; CEO: "We are very pleased with the results of these initial holes, ... The geologic model developed during our recent resource estimate identified several high-grade shoots within the Goulagou II zone, +these results have supported this interpretation. We are particularly encouraged by the stacked nature of the mineralized lenses. Both drill holes have several thick, well-mineralized intervals. We now have six drills under contract +are planning a program of a minimum of 90,000 metres of drilling on the Karma deposit" - Jun 1, 2011
www.marketwire.com/press-release/riverstone-reports-38-metre…
www.riverstoneresources.com/s/Maps.asp?ReportID=460008

[Popeye82]

Gowest Gold - Demonstrates Large High-Grade Gold Deposit Near Timmins, Ontario: >1.15MOz @~6.2g/t Au; deposit remains open +unexplored @depth - Jun 1, 2011

+ Gold resource estimate includes 348,000 ounces of indicated resources plus an additional 838,900 ounces of inferred resources

+ The discovery cost for the new ounces reflected in the updated resource(2010/11 drilling campaign) was less than CDN$10 per ounce of gold

+ The gold deposit has been delineated over a strike length of 750 metres +to a depth in excess of 800 metres to date.

+ The potential for further resource additions remains excellent as the Frankfield East deposit mineralization remains open @depth. In addition a number of areas exist within the known zone of mineralization which are currently excluded from the resource calculations due to drilling density which will be addressed in the current drill program.

+ Drilling to expand the resources +to upgrade additional inferred resources into the measured +indicated categories is ongoing +will continue through ´12.

+ A preliminary economic assessment is in progress +is expected to be completed in fall ´11. ...
www.marketwire.com/press-release/gowest-demonstrates-large-h…

[Popeye82]

eco2-trading for the Future; An introduction to Carbon Credits - MHC - Jun11

- Carbon Offsetting; Introduction

Many scientists, naturalists &well established mainstream ecological foundations believe our world is being threatened by global warming &the effects of CO2 emissions &acceptance of this concept has become more widespread in recent years. Even in these safe &relatively temperate shores, notable changes have occurred. The five months from May to September ´09 were the hottest in the UK since records began.

These scientists believe that reductions in carbon &greenhouse gas emissions are
essential if we are to minimise our impact on the environment.

In response to the impact that industrialised nations are having on the global environment, the Kyoto Protocol of ´97, since signed by 187 countries, introduced various measures &an infrastructure has evolved which, mainly through the media of Carbon Credits, rewards organisations making a valuable contribution to reducing carbon emissions &charges those whose carbon footprint is considered excessive. The dramatic growth of the Carbon Credit market to date shows just how much potential exists in a market which is only now beginning to be embraced by players as significant as America &China.

Regulations, mostly subsequent to the Kyoto Protocol, &, quite separately, a demand
emanating from a radical change in public mood have created two distinct markets for
carbon offsets.

In the Compliance Market, companies, governments, or other entities buy carbon offsets &indeed have to do so in order to comply with post-Kyoto regulations on the total amount of carbon dioxide they are allowed to emit.

In the Voluntary Market, governments, companies &individuals all choose to purchase carbon offsets to mitigate their own greenhouse gas emissions be they from transport, power consumption or some other function. They are not legally obliged to do so.

It is important to understand the difference between these two markets. ...-
www.mhcarbon.com/pdfs/MH-Carbon-Invest.pdf

[Popeye82]

Artemis Project: 2011 Top 50 Water Technologies Winners Awarded - WitW - Jun 3, 2011

- mickiegirlca -
http://waterintheworks.wordpress.com/2011/06/03/artemis-proj…

"The Artemis Water Tech Top 50 highlights the most promising water technologies of 2011. See this year’s listing at http://artemistop50.com/2011-winners/ .


Since 2009, The Artemis Project Top 50 has served as a primary resource for investors, water equipment and chemical companies and prospective customers for the most promising emerging water technology solutions. Eligible companies must have completed product development and have annual revenues of less than $25 million.

Laura Shenkar notes: “Over the past two years, we have developed a review process that gets to the essence of a company’s value and their potential going forward. With our analysis we are able to predict what water technologies will matter most in the next few years.”

The competition brings together leading experts in the water industry to evaluate the water technology solutions, its value in application, and the companies’ core team.

The judges for 2011 include: Paul Gagliardo, American Water; Rengarajan Ramesh, Angstroms; Andrew Salveson, Carollo Engineers; Steven Kloos, GE Water & Process Technologies; John Simpson, General Services Administration; Peter Williams, IBM Green Innovations; Jean Debroux, Kennedy Jenks; Chris Thompson, Nalco; Paul O’Callaghan, O2 Environmental; Peleg Chevion, Syngenta; Finn Nielsen and Bill Wescott, Veolia. U.S. EPA scientists and engineers participate in judging companies.


About The Artemis Project

The Artemis Project™ is a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity. We operate at the intersection of corporate strategy, advanced technology, investment and policy. We work with global corporations to achieve a sustainable competitive advantage through operational excellence in water management and assist advanced water technology companies in maximizing the value they bring to their customers. For more information visit: www.theartemisproject.com. "





Artemis announces 2011 Top 50 Water Companies - Jun11
http://artemistop50.com/2011-winners/#all


Winner:

VRTX Technologies
Chemical-free water treatment for cooling towers &evaporative condensers. VRTX saves water &eliminates chemicals.

Voltea B.V.
Voltea’s revolutionary desalination technology is flexible &economic, helping industries to reduce water usage &save money.

UV Pure Technologies Inc.
Advanced UV disinfection systems with patented Crossfire® Technology. Self-cleaning +smart. Pure Safe Water. Always.

TransBiodiesel Inc.
TransBiodiesel has developed a new environmentally-benign, +cost-effective enzyme technology for the production of biodiesel.

TaKaDu
TaKaDu’s SaaS identifies anomalies in piping networks, isolating leaks +flagging contamination, preventing pollution +reducing waste.

SolarBee Inc.
SolarBee, Inc. – Long-distance circulation technology solving the world’s water &wastewater quality problems, naturally.

SCFI Group Limited
SCFI’s AquaCritox technology for processing wet waste gives full destruction without any hazardous bi-product +generates renewable energy.

Purifics ES Inc.
Purifics provides chemical free AOP+, metals removal, ceramic filtration systems, +oil inline separation for water.

Puralytics
Puralytics uses LEDs +nanotechnology for water purification, treating organics, pathogens, +metals.

PAX Water Technologies Inc.
PAX Water’s submersible mixing systems help municipalities conserve energy +water while achieving drinking water quality goals.

Ostara Nutrient Recovery Technologies Inc.
Leading provider of innovative nutrient recovery solutions for municipal +industrial wastewater treatment plants.

OndaVia Inc.
OndaVia: providing laboratory quality water measurements in the field in less than 15 minutes.

NovaThermal Energy
Geothermal savings for large buildings, without borefields or wells.

NanoH2O Inc.
RO membrane manufacturer that utilizes nanotechnology to change the economics of desalination.

MIOX Corporation
MIOX’s cost-effective, eco-friendly technology uses salt, water +power to generate a powerful but safe water disinfectant on site.

Microvi Biotech Inc.
Microvi Biotech’s self-sustainable/self-cleaning biological factories provide the perfect solution for water treatment.

MaxWest Environmental Systems Inc.
MaxWest Environmental Systems – Generating Energy From Waste for a More Sustainable Future.

Marrone Bio Innovations Inc.
Marrone Bio Innovations- Discovering, developing +marketing natural products for pest management.

M2 Renewables Inc.
M2 Renewables provides sustainable wastewater treatment @reduced cost +captures a wasted source of energy within a reduced footprint.

Hydrovolts Inc.
Hydrovolts turbines turn fast water currents into clean reliable energy in millions of sites.

HydroPoints Data Systems Inc.
HydroPoint Smart Water Management is the green initiative with the fastest payback , revolutionizing landscape irrigation.

Hydration Technology Innovations LLC
HTI – Water +Wastewater Filtration Membrane Technology – Forward Thinking through Forward Osmosis. HTIwater.com.

HaloSource Inc.
HaloSource is focused on the provision of cleaner, safer water using its proprietary HaloPure® drinking water disinfection technology, HaloKlear® solutions for environmental water applications +SeaKlear® products.

Hadronex Inc.
Prevent sewer spills-defend the environment-save time, energy, +money-protect public health. The SmartCover by Hadronex does it all!

Falcon Waterfree Technologies
Falcon’s leading edge technology has created the world standard for waterfree urinals. 300,000 Falcon urinals will save 12 Billion gallons of fresh water in 2011!

eWater Innovation Pty. Ltd.
Science, products, training +support enabling next generation decision making for water management.

Evandtec Inc.
evandtec systems optimize energy +water efficiencies while minimizing the environmental impact of cooling towers.

Epuramat S.A.
Epuramat enables industrial companies re-process +re-use process water without using large amounts of energy +chemical products, reducing fresh water +wastewater fees.

Environmental Operating Solutions Inc.
EOSi develops green chemicals(MicroC™) to remove the contaminants nitrogen, selenium +perchlorate from water.

ENABALA Power Networks Inc.
ENBALA pays large electricity users to connect to the Smart Grid, through innovative ENBALA technology, to help balance the electricity system.

Emefcy Ltd.
Emefcy’s Electrogenic Bioreactor(EBR) treats Industrial wastewater +produces green electricity as a byproduct.

Ecosphere Technologies Inc.
Ecosphere Technologies, Inc. is driving clean water innovation with its patented Ozonix advanced oxidation technologies.

Drake Water Technologies Inc.
Maximize profits using Drake Water’s patented IonFlo +SolFlo Technologies for frac, produced, +extreme TDS waters.

Desalitech
Leader of next generation Reverse Osmosis for desalination and municipal / industrial water treatments.

Derceto Inc.
Derceto’s Aquadapt software gives water utilities the power to slash energy costs +lower carbon emissions.

Clearwater Systems Corporation
Clearwater’s patented Dolphin SystemTM, marketed as Dolphin WaterCare, is a most effective, efficient, +environmentally responsible way to treat heating, ventilating, +cooling(HVAC) process waters in buildings.

CheckLight Ltd.
CheckLight manufactures early warning solutions for rapid detection of chemical contamination in water through the use of sensitized luminescent bacteria.

BlackGold Biofuels Ltd.
BlackGold provides resource recovery from wastewater streams, such as biodiesel from sewer greases. Converting liabilities to assets.

BioPetroClean
BioPetroClean: Let the bacteria do the dirty work.

Aqwise
Aqwise is a leading provider of biofilm-based biological processes designed to increase the capacity +efficiency of BOD +nutrient removal in water +wastewater treatment plants.

Aquarius Technologies Inc.
Aquarius Technologies.- cost saving, sustainable, +innovative biological treatment processes +equipment

Aquaporin A/S
Aquaporin’s product is a novel bulk liquid membrane containing aquaporins(proteins) +thereby mimicking nature’s tremendous capability for selective water transport.

Aqua-Pure Ventures Inc.
Integrated solutions for treatment +reuse of flowback +produced water.

APTwater Inc.
APTwater develops technologies that enable sustainable water treatment, wastewater reuse, +environmental remediation.

APG-Neuros Inc.
Manufacturer of high speed turbo blowers with oil free air bearing, for treatment of wastewater, for municipal +industrial applications.

American Micro Detection Systems Inc.
Water measurement Analyzer of heavy metals in water to low ppb As, Cr, Th, Pb, Se, Cd, Mg, Mn, Al, Ca, Zn, Sb, Ni, Cu, Ba +Fe.

Altela Inc.
Altela desalinates/ decontaminates highly-challenged +produced water meeting strictest EPA standards for discharge.

AbTech Industries Inc.
AbTech – innovative water treatment technologies +engineered systems; solutions incl EPA-approved stormwater antimicrobial +new approach for oil+gas industry.

ABSMaterials Inc.
ABSMaterials creates innovative water management solutions based on our patented swelling glass technology, Osorb®.

212 Resources
212 Resources owns +operates proprietary technologies that solve water management challenges from gas development +production. "

[Popeye82]

Transit Holdings - increases holding to 90% Interest in Utah Potash - Jun 6, 2011
www.stocknessmonster.com/news-item?S=TRH&E=ASX&N=544354


Recieves State Approval for Drilling; JV is currently preparing the programme +budget for an initial drill campaign that will include the drilling of 4 exploratory wells on the State lease locations as part of the Project’s Pre- Feasibility Study; exploration target of 2.3 billion tonnes of sylvinite potash ore @32.8%KCl has been delineated within the Project; After the four holes are drilled +results analysed the Company expects to have a JORC compliant statement of resources; plan to begin drilling in July/August ´11 - Jun 7, 2011
www.stocknessmonster.com/news-item?S=TRH&E=ASX&N=544463

[Popeye82]

Quantum Rare Earth Developments - CEO Calls for U.S. Department of the Interior to Assess, Stockpile, Rare Earths-Company Endorses Federal Legislation; has also voiced its strong support for a provision in the Fiscal Year ´12 U.S. defense authorization bill that directs the Department of Defense to set up an inventory of rare earth materials &supply sources - Jun 1, 2011
www.marketwire.com/press-release/quantum-ceo-calls-us-depart…


Quantum Begins Fieldwork @Jungle Well &Laverton REE Projects, Australia; exploration target is a carbonatite hosted REE deposit similar to Mount Weld; @Jungle Well, historic sampling in ´07, adjacent to a circular magnetic anomaly returned from 6.98 to 8.07% REE's*. Follow-up exploration in ´09 confirmed the earlier results, with two samples of 5.74 &8.29% REE's. The current exploration program will confirm historic results &evaluate the potential for the project to host a large, high-grade, REE deposit; In other corporate activities, the Company is pleased with ongoing drilling @the Elk Creek Niobium &Rare Earth project in Nebraska, with the first set of results due in the next few weeks. Results will be announced as received - Jun 3, 2011
www.marketwire.com/press-release/quantum-begins-fieldwork-at…


Quantum Rare Earth Developments Corp. adds New Director &Advisory Board Members; Mr. Beling has significantly reviewed or was directly involved with 84 underground mines , 127 open pit mines &163 mineral processing plants as a consultant or while employed with Phelps Dodge, Union Oil, Fluor, United Technologies, Westinghouse, &several Canadian &US junior mining companies; Mr. Reynolds has 30 patents issued during his 28 years of consulting activities on over 80 world-wide projects. His experience includes employment with American Potash, Kerr McGee Corporation &Hazen Research, specializing in light &heavy metals processing, recycle of secondary metals, &industrial electro-chemicals. As a project manager @Hazen Research, Mr. Reynolds managed base metals &uranium laboratory &pilot programs for project pre-feasibility evaluations; Mr. Shoemaker has extensive experience in large open pit, block caving, &cut +fill operations. Mr. Shoemaker has held the positions of Mining Engineer, Chief Engineer, Operations Superintendent @caving &open pit mines, &Manager &Vice President of Molycorp Inc. Molybdenum Group. While working for Molycorp Inc., Hecla Mining Company, Phelps Dodge Corporation, Inspiration Consolidated Copper Co., Utica Mines Ltd., Homestake Mining Company, &as a Mining Consultant, Mr. Shoemaker has been involved in the evaluation, of over 100 mineral properties. In summary, Mr. Shoemaker has extensive experience in mine operations, mine planning, &mine evaluation; CEO: "The addition of these three individuals to the corporate team will greatly enhance our ability to develop our flagship project, the Elk Creek Niobium &Rare Earth project located in southeast Nebraska. ... Assembling a strong technical team with a history of mine development is critical in advancing the Elk Creek Niobium Deposit in as quick &efficient a manner as possible. The Elk Creek Niobium Deposit is one of the largest, high-grade deposits known worldwide. We expect our current drill program will confirm &upgrade the known resource, allowing us to initiate work directed @assessing the economics of developing the Elk Creek Niobium Deposit" - Jun 6, 2011
www.marketwire.com/press-release/quantum-rare-earth-developm…

[Popeye82]

Extract Resources - Husab Project Established as 4th Largest Uranium Deposit in the World - Jun 7, 2011

HL:

+ Resource estimate updated, based on further results from continuing drilling programme @Husab Uranium Project.

+ 33% increase in Total Global Resource since August ´10 resource estimate:

- Maiden Measured Resources in Zones 1 &2 of 84 M.lbs U3O8.
- 39% increase in Zone 1 &2 Measured &Indicated Resources to 358 M.lbs U3O8(compared to August ´10 Indicated Resources).
- 18% increase in Inferred Resources to 130M.lbs U3O8, including definition of maiden Inferred Resource @Zone 5.


+ Substantial increase in resource inventory represents first success from M.O.R.E. programme. An updated reserve estimate, based on the revised resource model, is scheduled for H2 ´11 &is expected to demonstrate a significant increase in mine life.

+ Extensive further exploration potential remains; Extract intends to maintain the pace of its drilling programme. ...
www.stocknessmonster.com/news-item?S=EXT&E=ASX&N=544452

[Popeye82]

Treasury Metals - Reports Exceptional 96% to 97% Gold Recoveries from Goliath Gold Project - Jun 7, 2011
www.marketwire.com/press-release/treasury-metals-reports-exc…

[Popeye82]

Resource Generation - Increase to export contract &other arrangements with CESC, part of the RPG Group, one of India’s most respected industrial groups. CESC is India’s 3rd largest power utility ; 1st off-take contract increased from 37Mt to 139 million tonnes , will take place over 38 years, up from 20 years in the original contract signed in September ´10. ; price of each shipment will be based on the international market price @the time; production currently scheduled for late ´13; New power station may bring forward stage 2 expansion of Boikarabelo mine; MD: "@a time when we are progressing discussions with Transnet for the transport of both stage 1 &stage 2 product &with Eskom over long-term coal supply, these developments help underwrite the expansion of our Boikarabelo mine &unlock its potential as a significant supplier of coal to both export &South African domestic markets. They represent a further vote of confidence by CESC in Boikarabelo’s future &position us to expand the mine earlier than otherwise may have been possible, providing positive returns to shareholders &benefiting the South African economy" - Jun 7, 2011

[Popeye82]

Allana Potash - Intersects Strong Potash Mineralization in Basin Centre With 37.8% KCl Over 4.10 Metres &Provides Update on NI 43-101 Report; CEO: "We are very pleased with the strong potash mineralization intersected in Hole 12. This hole is important as it provides a strategic link between the historic Musley Deposit and the centre part of the evaporite basin intersected in Hole 4. We believe that the presence of strong potash mineralization in Hole 12 further indicates continuity of the potash horizon into the centre of our property and supports our geological model of potash mineralization throughout the southern portion of the basin. Management intends to incorporate Hole 12 data in the Company's upcoming NI 43-101 technical report. Our consultants are in the process of finalizing the NI 43-101 technical report and we expect to be able to release the resource numbers in 7-10 days." - Jun 6, 2011

+ Hole 12 Intersects Strong Potash Mineralization of 37.80% KCl Over 4.10 Metres Within 15.20 Metres of 26.17% KCl

+ Results from Hole 12 Indicate Continuity of Potash Mineralization Into Centre of Basin

+ Management Intends to Include Hole 12 Data in the Company's Upcoming NI 43-101 Technical Report Due in Mid-June ...
www.marketwire.com/press-release/allana-potash-intersects-st…

[Popeye82]

Scandinavian Resources - Kiruna Iron - Acquisition of Strategic Iron Permits by Kiruna Iron AB - Jun 8, 2011

HL:

+ Acquisition of 100% interest in Ekströmsberg &Tjårrojåkka iron projects located 45km from Kiruna , northern Sweden

+ Acquisition includes nine iron permits which contain total JORC Exploration Target1 of 244 - 271Mt in a range of 32 -52% iron; boosts Overal Exploration Target to 394 -456Million Tonnes @25 -52% Fe

+ Acquisition further leverages Kiruna Iron AB into the world class Kiruna Iron District &is an important step towards becoming a producer of premium quality magnetite concentrate

+ JORC Inferred Mineral Resource &JORC Exploration Target update scheduled for July ´11 on completion of Phase 1 drilling(10,000m), assaying &modelling ...
www.stocknessmonster.com/news-item?S=SCR&E=ASX&N=544602

[Popeye82]

Apella Resources - SGS-Geostat Delivers New Resource Calculation Iron-T Vanadium-Iron-Titanium Project; 14.376Mt @27.3% Fe, 6.55% TiO2 &0.42% V2O5/0.77% V2O5Eq; 24% increase - Jun 3, 2011
www.marketwire.com/press-release/apella-resources-inc-sgs-ge…

[Popeye82]

Wealth Minerals - Commences Drilling on Its Rodeo de los Molles Rare Earth Element Project, Argentina, largest undeveloped Rare Earth Element project in Argentina, with an historical resource of 5.6Mt @2.1% total rare element oxide; initial drill campaign on the property, will consist of a minimum of 30 holes(~2,000 metres) &will first target high-grade rare earth element(REE) mineralization @the main Mina Norte &La Juli zones before stepping out to test newly defined areas; Recently announced results from surface channel sampling confirm the presence of outcropping high-grade REE mineralization. Additionally, 136 selected rock grab samples collected from outcrop &material quarried by the previous operator average 1.70% Total Rare Earth Oxide(TREO) with values ranging from detection limits to 28.9% TREO; Historical exploration @Rodeo deposit has only tested REE mineralization to very shallow depths of approximately 30 to 40 vertical metres. The mineralization discovered to date remains open for expansion in all directions, including @depth - Jun 3, 2011
www.marketwire.com/press-release/wealth-commences-drilling-o…
http://media3.marketwire.com/docs/wml63.jpg
www.wealthminerals.com/s/NewsReleases.asp?ReportID=451248&_T…

[Popeye82]

Blackline GPS - Showcases Loner Platform @Gas &Oil Expo - Jun 6, 2011
www.marketwire.com/press-release/blackline-showcases-loner-p…

[Popeye82]

Penrice Soda Holdings - Penrice &GE , a major global water treatment company, form Consortium for Innovative Coal Seam Gas Industry Water Treatment, to provide CSG industry in Australia with a complete brine removal mechanism for its associated water. The Consortium Agreement focuses on building demonstration plants to commercialise novel technology developed by Penrice; Penrice has developed novel &innovative process technology to remove the associated brine &to make saleable chemicals from the brine; is confident that its technology provides a valuable opportunity to assist the CSG industry solve one of its major environmental challenges in dealing with its CSG water - by producing saleable chemicals as the water is cleaned; CEO: "“It is envisaged that the companies will join forces to create an attractive solution to one of the major issues confronting the CSG industry – how to successfully deal with the water that accompanies the gas extraction process ... There is considerable interest from the industry &from the relevant regulators. We believe the CSG producers will be convinced to be the principal funding source for these projects. Penrice &GE are hopeful that the union between the companies will result in a demonstration plant being built in the near future for one of the CSG companies" - Jun 6, 2011
www.stocknessmonster.com/news-item?S=PSH&E=ASX&N=183315

[Popeye82]

White Energy Company - to investigate Indonesian coal mining opportunities; will continue to focus on the ramp-up of production @its 1st one million tonne per annum coal upgrading plant, @Tabang, Indonesia - Jun 7, 2011
www.stocknessmonster.com/news-item?S=WEC&E=ASX&N=637034

[Popeye82]

Baobab Resources Has A Whole Lot Of Drill Rigs +Some Very Big Plans; It’s all systems go @Baobab Resources as the team on the ground in Mozambique get ready to crank up drill programmes on the Tete iron ore project, @Monte Muande, +@the Mundonguara copper-gold project, all of which lie in the centre of the country in one of the most prolific coal development regions in the world. It is, says Baobab managing director Ben James, going to be “a Dallas on the Zambezi River – a premier industrial hub in southern Africa”. So, for those who know their bulks, there’s the first tick in the box right there – infrastructure will not be short supply - MS - Jun 8, 2011

- A. Ford -
http://minesite.com/news/baobab-resources-has-a-whole-lot-of…

[Popeye82]

Cardero Resource - Names Michael Hunter President &Files NI 43-101 Resource Estimate on Carbon Creek Project: 114 Million Tonnes of Measured & Indicated, plus 89.1 Million Tonnes Inferred, mvB ranked Metallurgical Coal - Jun 8, 2011
www.marketwire.com/press-release/cardero-names-michael-hunte…

[Popeye82]

Gold-Boom zu Ende ; Nur bis zum 08.12.2011 ist Gold sicher ; Danach CRASH!
www.rohstoff-giganten.de/Gold

[Popeye82]

Rodinia Lithium - Intersects High Grade Lithium &Potash &Provides Project Update on Salar de Diablillos; In addition, the Company has engaged a contractor to complete seismic profiles of the entire property. The results of the survey are thought to aid in the interpretation of the basement depth &shape, structural geology, &determine the continuity of the relatively minor clay layers encountered during drilling; CEO: "We are encouraged with high grade lithium results in areas that will have a significant impact on the potential of the property. DRC-19 shows that the high grade northwestern portion of the Salar is extensive &does not encounter fresh water on our property. This will be, in all likelihood, the focus of our development on the project &the location of our pumping test wells. This area coincides roughly with the high grade area defined by our auger drilling &includes such holes as D-RC-01 which intersected lithium values of up to 810 mg/l &returned averages of 713 mg/L lithium, 9,000 mg/L potassium, &543 mg/L boron over the 120 metre drill hole depth(refer to Press Release dated September 17, ´10)"; MoE: "We expect to significantly refine &improve our understanding of the Diablillos deposit with this work program in order to accelerate completion of the Preliminary Economic Assessment. We have also installed four evaporation pans which, in conjunction with over 2 years of weather data from the immediate vicinity of the Salar, will allow us to accurately model the evaporation process &ensure we maximize our lithium &potash recoveries" - Jun 8, 2011

+ Reverse Circulation Exploration Drilling on Diablillos Continues to Expand Resources Area

+ D-RC-18 Intersects High Grade Lithium up to 700 mg/L &Potassium of up to 7,700 mg/L

+ Diamond Drill Being Mobilized to Site to Initiate Drilling of Monitoring Wells &Determine Pumping Horizins

+ Seismic Profiling of the Salar De Diablillos underway

+ Evaporation Pans Installed &Two Years Worth of Weather Data Aquired ...
http://finance.yahoo.com/news/Rodinia-Lithium-Intersects-ccn…

[Popeye82]

African Energy Resources - Uranium Drilling Identifies Thick Coal Seam @Sese West - Jun 8, 2011

HL:

+ Reconnaissance drilling as part of a regional uranium exploration programme has identified thick coal seams over a very wide area in the Sese West tenement(PL197/2007) in Botswana.

+ Coal seam thickness ranges from 7m to 30m with the depth to the top of the coal varying from 79m to 157m.

+ These intersections are between 2km &17km to the south of the Sese coal deposit for which a 2.73 billion tonne resource was recently announced.

+ The Sese West tenement is valid for radioactive minerals only. African Energy has applied for an amendment to the licence to include the rights for coal.

+ The requested amendment is currently subject to the recently announced moratorium on coal &coal bed methane licence applications, which is due to end in September ´11. ...
www.stocknessmonster.com/news-item?S=AFR&E=ASX&N=544588

[Popeye82]

U3O8 - Identifies Tenth Uranium-Bearing Structure in the Kurupung Project, Guyana; Extends Size Potential of the Kurupung System; CEO: "The drilling of consistent mineralization in the Illiwa area significantly extends the size potential of the Kurupung Project. ... Numerous targets that lie in the 9km gap between the mineralized areas of Illiwa +Aricheng will be explored in due course. @present, we continue to focus on infill drilling @Aricheng towards our goal of increasing our current National Instrument 43-101("NI 43-101") resource on the Kurupung Project by the end of ´111" - Jun 8, 2011
www.marketwire.com/press-release/u3o8-corp-identifies-tenth-…

[Popeye82]

Coretrack / Globe Drill Agrees Commercial Terms for 1st Oil &Gas Deep Hole Drilling Contract - AI - 9-Jun-2011
http://australianinvestor.com.au/news.asp?id=40938
www.stocknessmonster.com/news-item?S=CKK&E=ASX&N=544822
www.stocknessmonster.com/news-item?S=CKK&E=ASX&N=544858

"Coretrack Limited (ASX:CKK) is pleased to announce that a letter of intent has been signed that demonstrates agreement on material commercial terms to undertake their first deep hole oil and gas drilling project utilizing the unique capabilities of the GT3000 deep hole drilling rig.

The project will involve 100% Coretrack subsidiary Globe Drill working over the existing Whicher Range 4 well to enable drilling of a sidetrack reservoir penetration from a depth of 39 0m in the Whicher Range Gas fields in Busselton Western Australia. The well will be re completed and production tested on successful completion sidetrack. Coretrack Chairman Mr Matt Birney said “This initial contract with a value between AU$1 2mill, is strategically important to our company, providing the opportunity to prove the oil and gas capabilities of our rig technology within a controlled well environment. "

[Popeye82]

H2O Innovation - Awarded Major CAN$9.4 Million Contract for Suncor Energy's Fort Hills Oil Sands Mine; brings sales backlog to a record high level of $29.2 million - Jun 8, 2011
www.marketwire.com/press-release/h2o-innovation-awarded-majo…

[Popeye82]

Padbury Mining - Chinese delegation visit for due diligence discussions - Jun 8, 2011
www.stocknessmonster.com/news-item?S=PDY&E=ASX&N=544742

[Popeye82]

Shaw River Resources - commences drilling, to increase resources @Otjozondu Manganese Project; Results to underpin Feasibility Study due for completion in Q4 - May 31, 2011

HL:

+ 3,000 meter diamond drilling program commences @Shaw River’s 75.5% owned Otjozondu(“Otjo”) Manganese Project in Namibia.

+ Two additional RC drill rigs &crews are planned to be on site within weeks to begin an aggressive resources extension drill program of over 7,000 meters.

+ First results from the program are anticipated in July ´11. A resource upgrade is expected in September ´11. First production is targeted for June ´12.

+ JORC Inferred Resources currently stand at 6.8Mt @23% Mn &the Project Exploration
Target of 35Mt to 50Mt grading 23%Mn to 27%Mn*.

+ A feasibility study is underway with engineers GTI, an experienced international team with extensive African &Namibian project experience.

+ Scoping study has indicated strong economics from an proposed initial 250,000tpa operation from ´12 targeting ramp-up to 500,000tpa, producing a high-grade, high-quality product using simple beneficiation methods. Manganese product grade estimated 38-40% Mn. ...
www.stocknessmonster.com/news-item?S=SRR&E=ASX&N=543629

[Popeye82]

Largo Resources - Submits Application for Construction License for the Maracas Vanadium Project in Bahia, Brazil; Approval Will Provide Final Permit for Construction @Maracas - Jun 9, 2011
www.marketwire.com/press-release/largo-submits-application-c…

[Popeye82]

Brazil to invest $22B in ethanol expansion, as GM CEO says ethanol has not much future in US - BD - Jun 8, 2011

- J. Lane -
http://biofuelsdigest.com/bdigest/2011/06/08/brazil-to-inves…

[Popeye82]

Cape Lambert Resources - Exploration Targets Identified - Sandenia Project - Apr 11, 2011

KP:

+ Seven exploration targets prospective for weathered +fresh banded iron formation(“BIF”) identified @the Sandenia Iron Ore Project in Guinea, West Africa.

+ Regional mapping +sampling has confirmed in-situ iron grades of up to 48.5% Fe @surface.

+ The aggregate strike length of the seven new targets is >20km.

+ The BIF targets identified @Sandenia are similar to the Kalia I +II deposits located approximately 15km to the north where owner Bellzone has identified a 3.7 billion tonne iron ore resource +is undertaking a feasibility study.

+ Prospect mapping to commence in the June ´11 quarter followed by drilling of priority targets. ...
www.stocknessmonster.com/news-item?S=CFE&E=ASX&N=536822

[Popeye82]

New Age Exploration - Successful Acquisition of 3rd Colombian Coal Project; boosts Overal Exploration Target to 250 -1.000Million Tonnes - Jun 8, 2011

HL:

+ NAE-Aurora Partnership completes acquisition of 100% of the 2,544 hectare La Miel concession(GJP-151) located within the Guaimaral block of the Cesar thermal coal basin

+ Conceptual exploration target of 50 to 200 million tonnes export quality thermal coal has been identified within the La Miel concession

+ Initial due diligence has confirmed the potential for the La Miel concession to host the target coal bearing sequence @depths accessible via conventional underground mining methods

+ The La Miel acquisition represents an important addition to our coal project portfolio in the Cesar basin where we now hold a total of 6,675 hectares in three highly prospective concessions ...
www.stocknessmonster.com/news-item?S=NAE&E=ASX&N=356020

[Popeye82]

Havilah Resources NL - Maldorky Iron Ore Deposit - Resource Statement - Jun 10, 2011

HL:

+ Indicated Resource of 147 million tonnes of 30.1% Fe @Maldorky(applying an 18% Fe cut‐off grade).

+ This translates to 59 million tonnes of premium grade magnetite‐rich product(>60% Fe) containing very low levels of impurity elements, based on rejecting 60% waste material.

+ A flat, shallow, orebody covering only 62.4Ha, with minimal internal waste &overburden, exploitable via a simple open pit mine plan.

+ Mining can commence from the surface in the richest central part of the orebody to maximize initial returns.

+ Only 26 km from railway line, minimizing haulage costs. ...
www.stocknessmonster.com/news-item?S=HAV&E=ASX&N=183369

[Popeye82]

Update - AI - 9-Jun-2011
http://australianinvestor.com.au/news.asp?id=40955
www.stocknessmonster.com/news-item?S=ACE&E=ASX&N=544851

"Since February 2011, Advanced Engine Components Limited (“ACE” or “the Company”) has been in ongoing discussions, negotiations and facilitated due diligence with a number of potential investors and/or joint venture partners.

As a result of those negotiations ACE has agreed to deal exclusively with a large Chinese State Owned enterprise for a period of three months. To ensure a mutually beneficial outcome the parties have formed a joint project working group. The working group role is to maximize communication, coordination and expediency throughout the period.
The Chinese enterprise has commercial operations involved in the natural gas vehicle industry. "

[Popeye82]

JANA ist das neue TOPmodel - AE - Jun 9, 2011
http://web.de/magazine/unterhaltung/topmodel/12986564-jana-i…

[Popeye82]

Nowitzki gewinnt mit seinen Dallas Mavericks das fünfte Finalspiel ; NBA-Titel für Mavs greifbar nahe ; Nowitzki mit 29 Zählern bester Werfer - DPA, DALLAS - Jun 10, 2011
http://web.de/magazine/sport/sportmix/12987990-nba-titel-fue…

[Popeye82]

Reichster Hund der Welt ist tot - Web.de - Jun 10, 2011
http://web.de/magazine/lifestyle/leben/12987772-hund-mit-mil…

[Popeye82]

Investors salivating over Mongolia's energy resources; One massive deposit is estimated to hold more than 6.4 billion metric tons of coking coal, the world's biggest untapped deposit of its kind - OP/SH - Jun 10, 2011

- Dr. John CK Daly -
www.stockhouse.com/Columnists/2011/Jun/10/Investors-salivati…
http://oilprice.com/Energy/Energy-General/Investors-Salivati…

[Popeye82]

Blackline GPS - Launches Campaign Targeting Industrial Safety Venues - Jun 9, 2011
www.marketwire.com/press-release/blackline-launches-campaign…

[Popeye82]

Börsen in Asien gehen unentschlossen ins Wochenende - ACN, TOKIO - Jun 10, 2011
www.wallstreet-online.de/nachricht/3176915-boersen-in-asien-…

[Popeye82]

Google Ocean gestartet; Virtuelle Ausflüge unter Wasser sind mit dem Dienst nun möglich - Web.de - Jun 12, 2011

- Söldner -
http://web.de/magazine/digitale-welt/internet/13003040-googl…

[Popeye82]

"Ich habe ein bisschen geheult" ; In der Stunde seiner sportlichen Krönung wurde Dirk Nowitzki weich - DPA, MIAMI - Jun 13, 2011
http://web.de/magazine/sport/sportmix/13004570-heulender-now…

[Popeye82]

Hollywood's new top lobbyist avoids tough issues in 1st China speech, praises Chinese industry - TCP, SHANGHAI - Jun 13, 2011
www.stockhouse.com/News/FinancialNewsDetailFeeds.aspx?n=1441…

"Hollywood's new top lobbyist avoided tough issues Monday in his first speech in China, one of the industry's most coveted yet most inaccessible markets, instead lauding Beijing's progress in combating piracy and launching foreign co-productions.


Former U.S. Sen. Chris Dodd is visiting China for the first time since taking over in March as chief executive of the Motion Picture Association of America. However, in his first speech at the Shanghai International Film Festival, Dodd didn't mention the issues that have frustrated Hollywood studios operating in China for years: a de facto quota of 20 foreign blockbusters a year and the inability to distribute their own movies in the country.

Dodd took a diplomatic approach, heaping praise on the tremendous strides the Chinese film industry has made in domestic productions and working with foreign studios.

"In the last 10 years, we have seen growth and development that allows me to say here this morning that the Chinese film industry has fully matured. So too has the relationship between the American film industry and Chinese filmmakers, Chinese audiences and even the Chinese government," he said.

Dodd paid tribute to recent Chinese productions, naming the Jiang Wen political satire "Let the Bullets Fly," the Tsui Hark fantasy epic "Detective Dee: Mystery of the Phantom Flame" and Chinese actress-director Xu Jinglei's romantic comedy "Go Lala Go!"

"All the ingredients are there for China's film industry to become a major, major, major player on the world stage, just as China has always been a major player on the world cultural stage," he said.

The former senator also noted recent high-profile Hollywood-China co-productions like "The Forbidden Kingdom," which costarred Jackie Chan and Jet Li, "The Karate Kid" remake starring Chan and Jaden Smith, and "The Mummy: Tomb of the Dragon Emperor," which paired Li and Brendan Fraser.

"These are world-class pictures that appeal to Chinese audiences, American audiences and audiences all across the globe," he said.

But Dodd said he will "speak very candidly, as friends do and must," in upcoming talks with Chinese officials in Beijing.

"I will not ignore the concerns that Hollywood has raised for years," he said without identifying them, adding, "but I will not fail as well to acknowledge and indeed celebrate, if you will, the progress we have made," including Chinese efforts in recent months to curb movie piracy. Dodd later told The Associated Press in an interview "there's a lot more that needs to be done."

Dodd said that as a senator, he supported closer economic ties between the U.S. and China, noting he backed China's entry into the World Trade Organization in 2001.

The comment was ironic given that some Hollywood executives may see China as flouting WTO rules. Beijing failed to meet a March deadline to comply with a WTO ruling urging the Chinese government to let foreign studios distribute their own films in the country. The MPAA said in a statement in March that it was "disappointed" by the missed deadline, adding that it hoped the U.S. and Chinese officials can work toward compliance quickly.

Dodd's comments also contrasted to a more toughly worded speech by one of his constituents, Rupert Murdoch, at the Shanghai festival on Sunday. Murdoch, who controls Hollywood studio Fox, said limited access to the Chinese market undermines its potential and "presents significant challenges."

Fox is keen to replicate the success in China of its 3-D sci-fi release "Avatar," which brought in $204 million in the country — a figure second only to U.S. revenues.

Dodd later told the AP that he wanted to build a long-term relationship with Beijing.

"I've been around long enough to know that ... if I'm going to have a productive conservation with you about something, I'm not going to start off by punching you in the nose," he said.

"It would be ridiculous for me to be here and not mention them (Hollywood's concerns). It would be just as ridiculous for me to get up at the Shanghai Film Festival and use it as a forum to raise my voice loudly about them," he said.

Dodd added that he was optimistic that China will increase access — although not necessarily on Hollywood's timetable — because providing quality entertainment helps its leaders maintain stability and doing so isn't politically risky.

"It's a way to provide something for people. Why am I going to shut down that? I may have other issues I'm going to have to be a little more conservative about, but this is one where I don't have to be," he said.

___

Online:

www.mpaa.org

www.siff.com "

[Popeye82]

Allana Potash Intersects New Zone of Potash Mineralization in Southwest With 61.26% KCl Over 0.9 Metres in Hole DK-11-19 - Jun 13, 2011

+ Hole 19 Intersects High Grade Potash Mineralization of 61.26% KCl Over 0.90 Metres Within 7.30 Metres of 37.74% KCl

+ This Sylvite-Rich Horizon Represents A New Potash Zone in the Basin +Adds Resource Potential

+ Kainitite Zone from Hole 12 Returns 6.83 Metres of 22.30% KCl

+ Management Intends to Include Hole 19 Data in the Company's Upcoming NI 43-101 Technical Report ...
www.marketwire.com/press-release/allana-potash-intersects-ne…

[Popeye82]

China National Gold träumt von Goldrausch in Afrika - GCO/Xinhua - Jun 2, 2011
http://german.china.org.cn/business/node_7029128.htm

"Der chinesische Staatsbetrieb CNGGC kauft sich in afrikanische Goldminen, um von den hohen Goldpreisen zu profitieren.

Die China National Gold Group Corp. (CNGGC), Chinas Staatsbetrieb der über die größten nationalen Goldvorräte verfügt , will für Projekte in Afrika investieren, da er für die nächsten drei Jahre mit einem Goldbarrenhandel nahe Rekordbereichen rechnet.


“Wir haben es in Ländern, die sowohl über enge Verbindungen zu China als auch inländische Stabilität verfügen, in großem Umfang auf Minen mit gutem Potential abgesehen”, sagte CNGGC-Präsident Sun Zhaoxue in einem Interview in Shanghai. “Die Goldpreise werden sich voraussichtlich für weitere drei Jahre auf historischen Höchstständen befinden.”

In diesem Monat stieg Gold auf den Rekordwert von 1097 Euro pro Unze und machte 2011 bereits jetzt zu einem der geschäftstüchtigsten Jahre für den Goldhandel seit 2006. Citic Group, Chinas größtes staatliches Investmentunternehmen, einigte sich mit Partnern in diesem Monat über den Kauf von Gold One International Ltd. für 326,1 Millionen Euro, um in Südafrika Wirtschaftsgüter hinzuzugewinnen.

Der Wert der bisher in diesem Jahr verkündeten Golddeals liegt nach Bloomberg-Daten bei 11,6 Milliarden Euro, mehr als in den Jahren 2008 und 2009 zusammen. China National, Besitzer des Yangshun-Vorkommen in der Provinz Gansu, könnte laut Sun zudem in Südost- und Zentralasien investieren. Derzeit unterhält es keine Minen außerhalb von China. Das Unternehmen lässt derzeit einstmals unwirtschaftliche Minen in westchinesischen Provinzen wieder aufblühen, da laut Sun die Rekordpreise den Abbau wieder rentabel machen. Sun fügte hinzu, dass auf Grund höherer Preise auch die Lager mit niedrigen Ausbeutegraden in der Nähe existierender Minen anwachsen würden.

China National Gold produzierte 2010 insgesamt 32 Tonnen und erzielte laut Angabe des Unternehmens am 9. Januar im vergangenen Jahr einen Vorsteuergewinn von 343,5 Millionen Euro, nachdem die Reserven Ende 2010 auf 1300 Tonnen anwuchsen. Die zusätzliche Produktion könnte Chinas Ertragsleistung binnen drei Jahren auf 400 Tonnen ansteigen lassen, sagte Sun am 27. Mai.

Die CNGGC diversifiziert darüber hinaus ihre Edelmetallproduktion mit dem Abbau von Kupfer und Molybdän. Sun gab bekannt, dass die Ausbringung von Kupferkonzentrat im nächsten Jahr 80.00 Tonnen, und im Jahr 2013 100.000 Tonnen betragen werde. Jiangxi Copper Co., Chinas größtes Kupferminenunternehmen, produziert jährlich etwa 200.000 Tonnen an Konzentraten. "

[Popeye82]

Black Iron - Hires Former Ferrexpo General Director as Chief Operating Officer - May 24, 2011

+ Black Iron Hires George Mover as Chief Operating Officer to Be Based @the Project Site in Krivoy Rog, Ukraine

+ Mover is the Former Project General Director @Ferrexpo AG &where he led the development of an open pit iron ore mine &refinery slated to produce 10 million tonnes per annum of pellets in Ukraine, Which is Similar to Black Iron's

+ Other highlights from Mr. Mover's career include:

- Overall responsibility for the development of one of the world's largest silver deposits in north eastern Russia on behalf of Pan American Silver Corporation.
- Vice President CIS Operations for World Wide Minerals accountable to restart four uranium mines &processing plants in Kazakhstan.
- Resident Manager Magadan for Davy International EPCM consultants


+ Mover has Significant Experience Working in Former Soviet Union Countries as Well as Canada, &Will Be Instrumental in Black Iron's Development ...
www.marketwire.com/press-release/black-iron-hires-former-fer…


Black Iron Intersects 32.1% Iron Over 164 Meters in Twin Hole @Its Shymanivske Project in Ukraine; CEO: "As anticipated, the assay results from the 1st two twin holes align well with the historical drilling logs for the Project. More importantly, it is great to see the metallurgical test work program kick-off with the first composite sample assembled &second one selected. With 5,100 meters out of a target 7,500 meters drilled, we are on track to complete the twin hole drill program by late June &will then utilize these drills to explore Shymanivske's north extent with the aim of further increasing the resource" - May 31, 2011

+ Assay Results from First Two Twin Holes @Shymanivske Confirm Iron Content &Align Well With Historic Reported Results

+ Hole 20342-T Intersected 164 Meters Grading 32.1% Iron, Including 83 Meters Grading 33.8% Iron

+ There are currently eight diamond drills turning on the Shymanivske Project

+ Independent Metallurgical Test Work has Commenced

+ Confirmation Drill Program Ongoing With Eight Diamond Rigs Turning ...
www.marketwire.com/press-release/black-iron-intersects-321-i…


Black Iron Intersects Iron Grades Exceeding 30% Across 3 Twin Holes on the Shymanivske Project in Ukraine - Jun 13, 2011

+ Assay Results from Three Additional Twin Holes @Shymanivske Continue to Confirm Iron Content &Align Well With Historic Reported Results

+ All Three Holes Intersected Thick Iron Bands With Iron Grades Exceeding 30%

+ Diamond Drills Turning on Site Will Complete Twin Hole Program Latejune as Planned Then Commence Exploration &Definition Drilling ...
www.marketwire.com/press-release/black-iron-intersects-iron-…

[Popeye82]

Hacker knacken nach eigenen Angaben Seite des US-Senats; Hacker in den USA haben nach eigenen Angaben die Internetseite des Senats geknackt &interne Daten gestohlen. Die Gruppe Lulz Security präsentierte auf ihrer eigenen Seite Dateien, die sie von der Webseite Senate.gov geholt haben will: "Wir mögen die US-Regierung nicht sonderlich" - Web.de - Jun 14, 2011
http://web.de/magazine/digitale-welt/sicher-im-netz/13009544…

[Popeye82]

STATEMENT TO THE AUSTRALIAN STOCK EXCHANGE Byte Power Group Signs Exclusive Distribution Agreement - AI - 14-Jun-2011
http://australianinvestor.com.au/news.asp?id=41013
www.stocknessmonster.com/news-item?S=BPG&E=ASX&N=232631

"The directors of Byte Power Group Limited (ASX: BPG) are pleased to announce that the Company has signed an agreement with Bio Photonic Healthcare Sdn Bhd to become their Exclusive Distributor for their health tonics, for the Asia Pacific Region. Following the signing of this agreement, Byte Power, through its established regional network, will begin negotiations with companies in Hong Kong, China and Taiwan to form partnerships to introduce the healthcare products into these markets. "

[Popeye82]

Richmond Mining - Positive Feasibility on Buena Vista Iron Project - May 9, 2011

HL:

+ Feasibility Study(FS) yields positive results &demonstrates technical &financial
viability of the Buena Vista Iron Project.

+ US$133 million NPV 7.5% after tax &capital expenditure &33% Internal Rate of
Return.

+ Conservative 10 year average FOB concentrate price of US$110/t used in financial model.

+ Free cash flow of US$478 million after tax from the 1st 10 years of operations.

+ Capital costs estimated @US$161 million, including cost of slurry pipeline.

+ Probable Reserves of 59 Mt, sufficient for a 10 year mine life.

+ No pre-strip required &waste to ore ratio of only 1.14:1.

+ Conventional processing produces high quality concentrates grading 66-69%Fe, with low
impurity levels.

+ Pumping of concentrates to rail head markedly reduces operating costs to approximately
US$66/t.

+ First concentrate delivery targeted for Q4 ´12, subject to timely receipt of approvals &completion of financing.

+ Existing road, rail &port infrastructure substantially reduces the capital costs 6significantly shortens the development timetable.

+ Life of mine water resources secured.

+ Power readily available from the Nevada grid. ...
www.stocknessmonster.com/news-item?S=RHM&E=ASX&N=540968


Election to exercise Option to acquire Buena Vista Project - May 10, 2011
www.stocknessmonster.com/news-item?S=RHM&E=ASX&N=541140


Hebei Iron &Steel, one of the largest steel groups in China , Agreement, strategic alliance to fast track development of Buena Vista Iron Project; HBIS shall use its best efforts to procure for Nevada Iron the provision of debt financing on commercial terms reasonably acceptable to Nevada Iron; 80% offtake to be acquired by HBIS, &priority over the balance - May 23, 2011
www.stocknessmonster.com/news-item?S=RHM&E=ASX&N=542671



CHURCHILL COUNTY PLANNING COMMISSION UNANIMOUSLY APPROVES BUENA VISTA MINE - AI - 14-Jun-2011
http://australianinvestor.com.au/news.asp?id=41011
www.stocknessmonster.com/news-item?S=RHM&E=ASX&N=545264

"Richmond announces the granting of the Special Use Permit by Churchill County to the Company’s wholly owned US subsidiary, Nevada Iron LLC. The Company’s Managing Director, Mr Max Nind, said “Churchill County’s Planning Commissioners have unanimously approved Nevada Iron’s Special Use Permit to allow development of the Buena Vista mine.” “The granting of this permit demonstrates the County’s enthusiasm for a regionally beneficial project and provides Nevada Iron with the ability to secure all Churchill County constructionrelated permits for mine and mill infrastructure.” Using Churchill County’s wide-ranging SUP approval, Nevada Iron will now complete the application process for the required permits from the State of Nevada to allow mine buildout. The Planning Commissioners thanked Nevada Iron for its commitment to the economic
development of Churchill County and Northern Nevada. "

[Popeye82]

Nevado Resources - Drills 53.1 Metres Grading 62.8% Fe2O3, 17.8% TiO2 &0.09% V2O5(FT-10-20) &56.6 Metres Grading 58.1% Fe2O3, 17.2% TiO2 &0.09% V2O5 @the Farrell-Taylor Occurrence; massive &semi-massive to vein-type oxide mineralization @Farrell-Taylor now extends 1.5 kilometres in down-dip length, 350 metre to 750 metres across &averages over 115 metres width; All released drill hole &field sample assay results from ´10 &´11 have shown similar grades for the massive &semi-massive to vein-type oxide Iron, Titanium &Vanadium over the entire 45 km long La Blache Ring of Iron-Titanium-Vanadium of which NEVADO owns directly more than 37 km - Jun 14, 2011

+ Company is currently preparing for the start of Phase 2 program slated for late June ´11. NEVADO's upcoming program will consist of:

(1) A minimum 15,000 m in drilling, split between in-fill drilling @the Farrell-Taylor Occurrence &exploration drilling @the Lac La Blache West, Zorro, Leduc-Farrell, Hervieux East Extension, Hervieux East Extension North &E. Girard occurrences;

(2) Stage 2 Pilot-Plant Metallurgy with the processing of 400 kilograms of oxides to determine optimal Iron, Titanium &Vanadium recoveries, as well as other metals of commercial interest;

(3) Mineral Resources Estimation @the Farrell-Taylor Occurrence; &

(4) Additional prospecting of two additional ellipses or rings east of Lac La Blache that show similar geophysical signatures to the main La Blache Rin of Iron-Titanium-Vanadium. ...
www.marketwire.com/press-release/nevado-drills-531-metres-gr…

[Popeye82]

Crusader Resources - Borborema Gold Resource increases to 1.86 MOz - Jun 15, 2011

HL:

+ Borborema Gold Project Mineral Resource estimate increased by 121% from 0.84
to 1.86 million ounces(Moz)

+ Updated Exploration Target1 of 8 to 20Mt @1.2 to 1.8 g/t for 0.5 to 0.75 Moz Au

+ Drilling program continuing, aimed @upgrading &expanding the gold resource ...
www.stocknessmonster.com/news-item?S=CAS&E=ASX&N=545374

[Popeye82]

Rio Alto Mining - Drills 134 Metres of 2.29 Grams of Gold Per Tonne - Jun 15, 2011
www.marketwire.com/press-release/rio-alto-drills-134-metres-…

[Popeye82]

Uranium mining in Malawi - U3O8.biz - Jun 15, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=462511&_Type=Ma…

"Malawi is a coastless republic in southeast Africa bordered by Zambia to the northwest, Tanzania to the northeast, and Mozambique on the east, south and west. The country's relatively small geographical territory is just over 118,000 square kilometers with an estimated population of more than 13,900,000 ranking it among the world's most densely populated countries. Malawi is separated from Tanzania and Mozambique by Lake Malawi. is considered to have a variety of mineral resources including coal, phosphates, limestone, graphite, gemstone, gold, platinum, natural gas, diamond, nickel and copper resources.


Recent growth

According to the World Nuclear Association, uranium production in Malawi has increased in the last 2 years from zero to approximately 670 tonnes of uranium. Placing this into a global perspective 56 percent of countries reporting uranium production experienced a decline in total last year, and Malawi was the only country to report a triple digit marginal growth rate for the last 12 months.


Economy

Historically, mining activities in Malawi have only contributed to about 1 percent of the country's GDP. The economy is predominately agricultural with about 80 percent of the population living in rural areas. Agriculture has benefited from fertilizer subsidies since 2006, accounting for 90 percent of export revenues and more than one third of GDP. The performance of the tobacco sector is imperative to short-term growth as tobacco accounts for more than half of exports.

The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. The government faces many challenges including developing a market economy, improving educational facilities, facing up to environmental problems, dealing with the rapidly growing problem of HIV/AIDS, and satisfying foreign donors that fiscal discipline is being tightened.

The current administration has announced infrastructure projects that could yield improvements, such as a new oil pipeline for better fuel access, and the potential for a waterway link through Mozambican rivers to the ocean, for better transportation options. Since 2009, however, Malawi has experienced some setbacks, including a general shortage of foreign exchange, which has damaged its ability to pay for imports, and fuel shortages that hinder transportation and productivity. Investors should note that the government continues to face barriers that may impact foreign interests such as unreliable power, water shortages, poor telecommunications infrastructure, and the high costs of services.


Geography

The country consists of three major geographical zones: a rift valley floor area along Lake Malawi in the north and centre of the country, and continuing into the Shire valley in the south; the plateau region, with gentle slopes and broad valleys at altitudes ranging between 750 and 1,400 m; and the predominantly mountainous areas, mainly in the north of the country.


Investment considerations

In January 2009, Paladin Energy Ltd. (TSE:PDN) (ASX:PDN) opened Malawi's first and only current uranium mine at Kayelekera in the northern part of the country. The Central Electricity Generating Board of Great Britain (CEGB) discovered the high grade Kayelekera sandstone uranium deposit in the early 1980′s. The project was further developed before it was eventually abandoned in 1992 due largely to the poor outlook for uranium, as well as the privatization of CEGB and resultant pressure to return to its core business. In March, Paladin reported Kayelekera had record production with a step-change in plant performance achieved during the first quarter of this year. The company reports that, "Overall recovery levels continue to improve, significantly contributing to higher production levels and lower unit costs."

Australian exploration and development companies Globe Metals & Mining Ltd (ASX:GBE) and Resource Star Ltd. (ASX:RSL), are currently involved in final feasibility for the joint venture Kanyika Niobium Project, with production scheduled to commence in spring of 2014. The primary resource for the project is niobium, in the form of ferro-niobium, with bi-products to include uranium oxide, tantalum oxide and potentially also zircon.

African Energy Resources (ASX:AFR), is focused on developing a coal project in eastern Botswana; however, the company has two prospecting licenses for projects near the Zambia and Malawi border. A number of airborne radiometric surveys were flown over the projects in late 2006 and late 2007, and several uranium targets were identified.

Lisungwe Mineral Resources Limited (OFEX:LIS) is engaged in mineral exploration in projects including Chimimbe Hill, Malingunde Hill and Madisi. The potential for resources in these projects are reported to include nickel, cobalt and chromium. "

[Popeye82]

Linc Energy - Acquires Controlling Interest in ‘Umiat’ Oil Field in Alaska, USA; Estimated Original Oil in Place One Billion Barrels - Jun 16, 2011

HL:

+ Linc Energy has acquired a controlling interest in the 19,358 acre ‘Umiat’ Oil Field, which is located in the National Petroleum Reserve, Alaska(NPRA).

+ Acquisition will occur through the purchase of an 84.5% interest in Renaissance Umiat LLC(which owns a 100% working interest &80% net revenue interest in the Umiat project) for US$50 million.

+ The 80% net revenue interest in the acquired leases is currently attributed Net Probable &Possible Reserves(3P) of 201 million barrels of oil equivalent(201 MMBOE) with the current estimated Original Oil in Place(OOIP) within the acquired Umiat lease area of one billion barrels(1,000 MMBO).*

+ Peak production is currently estimated to be in excess of 50,000 barrels of oil per day(BOPD) following field development &the construction of a pipeline connecting into the Trans-Alaska Pipeline System(TAPS).

+ Alaskan State government has announced plans to build an all-weather road from the TAPS to Umiat &has commenced planning &environmental studies. Construction of this transport infrastructure by the State would substantially decrease project development risk, timeframes &capital requirements.

+ The project development activities will qualify for the State of Alaska’s investment incentives that have the potential to significantly reduce Linc Energy's early drilling &construction costs. ...
www.stocknessmonster.com/news-item?S=LNC&E=ASX&N=232690

[Popeye82]

Continental Coal - Coal Resources &Reserves Update - Jun 15, 2011

KP:

+ Initial JORC compliant saleable coal reserves of 19.9Mt @the Vlakvarkfontein &Ferreira mines &the Penumbra project

+ Total JORC compliant resources @the Penumbra Project, the Company´s next mine development, of 68.3Mt

+ Total JORC compliant measured resources within the projects increase by 80% to 88.8Mt

+ Total JORC compliant inferred resources @the Vlakplaats project increase by 54% to 187.7Mt due to interpretation of further borehole data received

+ Total JORC compliant measured resources within the De Wittekrans Complex increased to 48.4Mt ...
www.stocknessmonster.com/news-item?S=CCC&E=ASX&N=545378

[Popeye82]

Frontier Mining - Off-take &associated funding completed - June 15, 2011
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

CBM Asia Development - Latest Well Expands the CBM Fairway @Sekayu PSC, South Sumatra; >230 Feet of Net Coal, 50% More Than Expected; Favorable Gas Content Correlates With Previous Test Wells; Medco Energi has now drilled 3test wells across the Sekayu block, indicating that thick coal seams with favorable gas content underlie a significant portion of its 583-km2 total area. Core Lab's final analysis of core from these wells is anticipated by late June. Sewell &Associates, Inc. has initiated its audit of the Company's coalbed methane resources in the property under Canadian Standards of Disclosure for Oil &Gas Activities. NSAI's report is expected to be completed by July - Jun 7, 2011
www.marketwire.com/press-release/latest-well-expands-cbm-fai…


Production Testing Extended to Second CBM Well @Sekayu PSC, South Sumatra - Jun 15, 2011
www.marketwire.com/press-release/production-testing-extended…

[Popeye82]

Largo Resources - Announces Purchase of Final 30% Option on the Northern Dancer Project - Jun 15, 2011
www.marketwire.com/press-release/largo-announces-purchase-of…

[Popeye82]

Functional Technologies - Adds Food Industry Executive to Advisory Board; Mr. Maddox possesses >30 years of sales, organizational &executive experience in international business &food industries. Prior to its sale to a large U.S. food manufacturer, Ralcorp Holdings, in June ´10, Mr. Maddox was the President of Sepp's Group of Companies, a multinational manufacturer &provider of frozen foods, including private label "health &well-being" frozen breakfast products. @Sepp's, Mr. Maddox helped create strong global sales growth, enabling the company to turn profitable from a loss position. Prior to joining Sepp's, Mr. Maddox held several senior sales roles @McCain Foods Ltd., a global leader in the frozen food industry producing 1/3 the world's frozen French fries, with 53 facilities worldwide &annual sales >C$6.0 billion. @McCain Foods, Mr. Maddox worked directly for then Chairman of the Board, Harrison McCain, &was also Director of the International Group, with responsibilities for building the Frozen Business in over 70 countries including in the Far East, Caribbean, Middle East &Latin America. Today, Mr. Maddox consults for food companies worldwide, providing guidance in sales &organizational growth initiatives - Jun 9, 2011
www.marketwire.com/press-release/functional-technologies-add…


Functional Technologies Signs Agreement Enabling Collaboration on Acrylamide-Preventing Yeasts in a Second Food Sector, with an undisclosed global company; Collaboration Partner is considered one of the leading companies in the development, manufacturing, marketing &distribution of snacks &other food products, sectors in which the application of the Company's AP yeast products could provide considerable value; initial agreement enables Functional Technologies &the Collaboration Partner to collaborate on proof of concept, pre-pilot scale trials, as well as preliminary review &development of production protocols. This stage of development &testing are a condition precedent to full scale pilot trials &commercial negotiations, facilitating meaningful discussions to determine how the Company's technologies &/or services may be employed by the Collaboration Partner. Other multinational companies are able to begin or continue to evaluate the Company's AP yeasts in this &other applicable food-based sectors; agreement is a fundamental step towards the strategic cultivation of working &potentially commercial relationships with bellwether companies in the food ingredient as well as snack &processed food sectors. Such relationships would be expected to accelerate the commercial progression of Functional Technologies' AP yeast products in global food-based markets, &provide rapid access to established, significant production &distribution capacities; CEO: "Both management &our technical team look forward to working with sector-leading partners to establish the efficacy &commercial protocols of our AP yeasts in removing key precursors responsible for the formation of acrylamide. Today's announcement further supports the commercial appeal of our products, &our efforts to attract &engage several of the world's largest food-based companies " - Jun 15, 2011
www.marketwire.com/press-release/functional-technologies-sig…

[Popeye82]

EnWave Corporation - Signs Research &Development Agreement with Kellogg Company , to measure the nutritional &commercial benefits of EnWave's nutraREV™ food dehydration technology within a broadly defined product area, that includes cereal &cereal bars; Agreement provides an exclusive period of up to 12 months for Kellogg to test nutraREV™, with an option to license the technology @the end of this period. Further terms of the agreement are confidential; CEO: "EnWave is extremely pleased to be working with Kellogg, one of the most highly regarded companies in the global consumer food products industry ... This agreement marks the 5th multinational company to have signed a testing agreement with EnWave over the past 3years, &we see this latest announcement as a significant step in our goal to introduce nutraREV™ as a new standard in global food processing technology"; VP RQ &A: "Kellogg has been working with EnWave in initial tests of this technology, &we are pleased with the results so far" - Jun 14, 2011
www.marketwire.com/press-release/enwave-signs-research-devel…

[Popeye82]

NGEx Resources - Final Drill Holes of the Season Confirm Major Copper-Gold Discovery @Los Helados, Chile; drills Up to 728m @0.551% Cu &0.240g/t Au; P/CEO: "The results we report today continue to expand the higher grade core of the Los Helados system. We are extremely pleased with the results of this year's drill program. It achieved all our objectives &confirms Los Helados as one of the most significant new copper-gold discoveries in the world. We continue to be encouraged by both the length &grade of the intercepts &by the fact that the drill holes contain long intervals of better than 0.6% copper plus gold. Because of the gold the reported intervals look even more encouraging on a copper equivalent basis. The three drill holes reported today are all on the western margin of the current drill pattern &they demonstrate that the system continues to be well mineralized &open to the west. LH-23 is the deepest hole drilled to date &it extends mineralization to almost 900 meters depth. Previously released holes indicate that the deposit is also open to the south &east. There is also potential for additional higher grade material north of LH-12. We are beginning to plan for a major infill drill program scheduled to start in November, ´11 @the beginning of the South American spring. This program will include drills with the capability to drill to more than 1 kilometre depth in order to test for the potential high grade core of the system. We are very encouraged by the results to date &are confident that we are working on a major new copper-gold discovery" - Jun 16, 2011
www.marketwire.com/press-release/ngex-resources-inc-final-dr…

[Popeye82]

Centaurus Metals - Acquires New Iron Ore Export Project in Brazil, for Export Business - Jun 17, 2011

HL:

+ Serra do Lontra Project to underpin Centaurus’ strategy to initially export 1-2Mt/a of high-grade hematite to international markets by mid-´14

+ Exploration Target of 30 to 50Mt of itabirite ore(grading 35 -45% Fe)1 expected to beneficiate to a high grade(+64% Fe) hematite product; In establishing the Target Centaurus has mapped the outcropping iron formation on the Granted Exploration Lease(1/12) only, over a strike length of some 1.5 kilometres on the main target(Serra Pelada) &>0.5 kilometres on the secondary target

+ Project located within trucking distance to the Brazilian export port of Ilhéus

+ expected low capital expenditure to develop the Project, &the ability to access existing infrastructure, means that Centaurus will be able to apply the same principles being proven in the execution of the Company’s domestic projects. Based on internal estimations of the costs, generated from Centaurus’ comparable projects &other projects in the region, the Company expects to be able to achieve the following indicative operating costs should Serra do Lontra become an operational project:

- Mining &beneficiation: US$12-16/tonne
- Transportation to Ilhéus Port: US$15-20/tonne
- Port &loading charges: US$5-7/tonne
- TOTAL ESTIMATED COSTS: US$32-43/tonne;

To provide an indication of the potential operating margins which could be generated by an operation of this nature, current FOB export prices for iron ore from Brazil to international markets are in the order of US$150 to US$170 per tonne.

+ Following meetings with key government departments in the State of Bahia &discussions with CODEBA, the Port Authority that manages a number of ports in Bahia including the Ilhéus Port Facility, Centaurus expects that it will be able to secure a positive outcome with regard to accessing the required port space for a future operation.

+ MD: "We are delighted to have secured Serra do Lontra as an initial project to commence implementation of our export strategy in Brazil. Based on the field visits undertaken during due diligence, the geological mapping work completed to date, &the fact that there is significant outcropping mineralisation @Serra do Lontra, we are confident that our exploration work will confirm the Project’s Exploration Target to support an export business from Brazil. The high grade hematite produced in Brazil is highly sought after by international markets &the fact that Serra do Lontra is close enough to the coast to truck ore to open access port facilities will allow us to generate strong export market returns off a relatively low capital base. We look forward to commencing exploration activities including ground magnetic survey work in the next 4 weeks" ...
www.stocknessmonster.com/news-item?S=CTM&E=ASX&N=545714

[Popeye82]

Blackline GPS - Lafrentz Implements Loner Platform for Roadwork Crews Along Highways; T. Zapf: "Lafrentz is committed to safety. Work crews exposed to work environments where employees are out of sight or sound from each can rest assured that they have the highest quality instrumentation for their safety ... The company has a proven safety record &we intend on maintaining it. The Loner product provides an incredible tool to advance our safety mission" - Jun 16, 2011
www.marketwire.com/press-release/blackline-gps-corp-lafrentz…

[Popeye82]

Royal Resources - Pualco Exploration Potential Confirmed, by latest Drilling Results - Jun 17, 2011

HL:

+ Assays from the recent diamond drilling @Ironback Hill(Pualco Project) confirms the presence of mineable grades &thicknesses

+ The results are in line with magnetic modelling, that supports the global exploration potential of 4.8 to 8.0Bt1 , for the Razorback Iron Project

+ A planned drill-out of the 10km strike length of the host rock in Pualco has now been permitted &is pending heritage clearances ...
www.stocknessmonster.com/news-item?S=ROY&E=ASX&N=545748

[Popeye82]

Cap-Ex Ventures - Multiple DSO &Magnetite Targets Identified @Block 103 &Redmond; interpretation of preliminary data has identified @least thirty-one hematite, Direct Shipping Ore("DSO") priority targets, for on ground investigation; Images of residual gravity &the 1st vertical derivative magnetic were used to select these priority targets, applying the following criteria: All targets fall within the Sokoman Formation, Targets interpreted to be located in synclines are given higher priority, Targets that occupy fault positions that may increase mineralised thickness were prioritized, Areas of elevated gravity but low magnetic response indicate DSO targets, Coincident magnetite &gravity highs reflect magnetite targets; Sixteen DSO targets &seven magnetite targets were identified on Block 103; Fifteen DSO targets were identified on Redmond with gravity anomalies with no magnetic or low magnetic anomalies &are located along a thrust fault or are crossed by transverse faults; Cap-Ex is currently on site mapping &delineating all targets in preparation for commencement of this year's drilling campaign - Jun 15, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-multipl…

[Popeye82]

Salazar Resources - Extends High Grade With 12.8 Meters of 4.01 g/t Gold, 137.85 g/t Silver, 3.43% Copper &3.56% Zinc - Jun 16, 2011
www.marketwire.com/press-release/salazar-extends-high-grade-…

[Popeye82]

Börsengang könnte Facebook 100 Milliarden US-Dolllar einbringen; Das weltweit populäre Soziale Netzwerk „Facebook“ plant, frühestens Anfang ´12 an die Börse zu gehen. Analysten rechnen damit, dass Facebook bei seinem geplanten Börsengang 100 Milliarden US-Dollar wert sein könnte; Falls es dazu käme, würde der Börsengang einer der größten in der Finanzgeschichte sein - GCorg - Jun 16, 2011
http://german.china.org.cn/business/txt/2011-06/16/content_2…

[Popeye82]

Sterling Group Ventures - Receives Business License to Operate China Phosphate Project - Jun 15, 2011
www.marketwire.com/press-release/sterling-receives-business-…

[Popeye82]

Augusta Resource - U.S. Forest Service Delivers Rosemont Preliminary Draft EIS to Sate &Local Agencies - Jun 1, 2011
www.augustaresource.com/upload/News/06-01-2011-DEIS_to_Coope…

[Popeye82]

Plains Creek Phosphate Plans To Bring Its Farim Phosphate Project In Guinea-Bissau Into Production By ´13 - MS - Jun 14, 2011

- By Alastair Ford -
http://minesite.com/news/plains-creek-phosphate-plans-to-bri…

[Popeye82]

Environmental Clean Technologies - signs coal supply agreement with China Datang Corp., global ‘Fortune 500’ company - May 25, 2011

HL:

+ Coal Supply Agreement for 2,000 metric tonne test burn sample to China

+ Scheduled for delivery Q3 ´11

+ Precursor to commercial supply agreement of 2 million tonnes/year

+ Opportunity to introduce deal to VCPL for additional rewards, or to initiate a new project ...
www.stocknessmonster.com/news-item?S=ESI&E=ASX&N=355333

[Popeye82]

+++ NEU auf w:o: Profilbild FREI wählbar +++
www.wallstreet-online.de/nachricht/3180392-neu-auf-w-o-profi…

[Popeye82]

Talon Metals - Appoints New President &CEO; Receives Shareholder Approval On Rio Verde Distribution; Mr. Scholtz has 40 years of experience in the mining industry, primarily in South America &Africa. During his career he spent 37 years with BHP Billiton where he held a variety of positions including Managing Director of Ingwe Collieries, BHP Billiton's wholly-owned South African coal business, now known as BHP Billiton Energy Coal South Africa. In this role Mr. Scholtz oversaw one of the largest coal businesses in the world. More recently Mr. Scholtz was also Managing Director for BHP Billiton’s bauxite &alumina operations in Suriname in South America &is COO Mining for TSX listed CIC Energy Corp., a coal exploration company with a world scale deposit in Botswana, Africa - Jun 6, 2011
www.talonmetals.com/news/index.php?&content_id=178

[Popeye82]

China will Importzoll weiter senken - GCorg - Jun 16, 2011
http://german.china.org.cn/business/txt/2011-06/16/content_2…

[Popeye82]

Nach Konsolidierung kontrollieren drei Firmen den Seltenerdabbau in Südchina; Die chinesische Regierung möchte den Abbau seltener Erden in Südchina auf drei Firmen konsolidieren, um Skaleneffekte besser ausnutzen zu können - CD - Jun 15, 2011
http://german.china.org.cn/business/txt/2011-06/15/content_2…

"Die chinesische Regierung möchte den Abbau seltener Erden in Südchina auf drei Firmen konsolidieren, um Skaleneffekte besser ausnutzen zu können.


Drei Unternehmen haben nach Beendigung der vorgeschlagenen Konsolidierung einen geschätzten Marktanteil von 80 Prozent auf dem Markt für seltene Erden in Südchina. Dies berichtete am Montag die Shanghai Securities News und fügte hinzu, dass im Laufe dieser Woche die Namen der drei Firmen verkündet werden sollen.

Chinas Staatsrat, das oberste politische Entscheidungsgremium, schlug am 19. Mai vor, dass China seinen Markt für Ionen-absorbierende Formen der Seltenerdmetalle konsolidieren sollte. Außerdem sollen die drei größten Bergbaugruppen 80 Prozent der Marktanteile in Chinas Süden kontrollieren. In dieser Woche wird über diese Marktkonsolidierung ein Treffen auf hoher Ebene abgehalten, welches auf eine Bekanntgabe der drei Firmengruppennamen hinauslaufen könnte.

Viele Firmen sind in der Industrie für seltene Erden am Abbau Ionen-absorbierender Metall-Typen beteiligt, doch nur sechs davon werden als wettbewerbsfähig angesehen. Dies sind laut Bericht der Shanghai Securities News die Unternehmen China Minmetals Corp., Aluminium Corporation of China, China Non-Ferrous Metal Industry's Foreign Engineering and Construction Co. Ltd., Guangdong Rising Nonferrous Metals Group Co. Ltd., Xiamen Tungsten Co. Ltd. und Ganzhou Rare Earth Mineral Industry Co. Ltd. "

[Popeye82]

Bauarbeiten an West-Ost-Pipeline sind abgeschlossen - GCorg - Jun 16, 2011
http://german.china.org.cn/business/txt/2011-06/16/content_2…

"Ab Ende Juni befördert eine riesige Pipeline Erdgas aus Zentralasien und Westchina zu den boomenden Küstenregionen, was Millionen Tonnen Kohle sparen wird.


Chinesische Arbeitskräfte haben an der Hauptleitung die Infrastruktur von Chinas zweiter West-Ost-Erdgaspipeline fertig gestellt. Dies verkündete am Montag der Projektleiter China National Petroleum Corporation (CNPC).

Wiederholte Tests an der Hauptlinie dieses ehrgeizigen Gasbeförderungsprojekts sollten laut eines CNPC-Sprechers durchgeführt worden sein, bevor Ende Juni der Betrieb aufgenommen wird. Ab diesem Zeitpunkt wird die neue Pipeline Erdgas von Turkmenistan und dem nordwestchinesischen Uigurischen Autonomen Gebiet Xinjiang in die beiden wirtschaftlich weit fortgeschrittenen Regionen bei den Yangtze- und Perlflussdeltas transportieren. Damit wird die Pipeline zur ersten in China, welche Erdgas aus einem ausländischen Staat ins Landesinnere leitet.

Laut den Entwicklern ist das zweite West-Ost-Pipeline-Projekt mit einer kombinierten Länge von 8653 Kilometern in zwei Abschnitte unterteilt. Zusammen werden der westliche und der östliche Abschnitt insgesamt 15 chinesische Regionen passieren. Das Projekt wird aus acht kleineren Leitungen und einer Hauptleitung bestehen, welche sich über 4865 Kilometer von Khorgos in Xinjiang bis nach Guangzhou, der Hauptstadt von Chinas südlicher Provinz Guangdong, erstrecken. Arbeiter begannen im Februar 2008 mit dem Bau des westlichen Abschnitts und ein Jahr später mit dem östlichen Abschnitt des Pipelineprojekts. Mit einem Budget von 15,1 Milliarden Euro wird die gesamte zweite West-Ost-Pipeline bei einer minimalen Lebensspanne von 30 Jahren über eine jährliche Kapazität von 30 Milliarden Kubikmetern Erdgas verfügen. So gesehen können in China 400 Millionen Menschen von dem Projekt profitieren.

Experten sagten, dass die Pipeline Chinas Energiekonsumstruktur durch steigende Nutzung von Erdgas verbessern werde. Geschätzte 76,8 Millionen Tonnen Kohle können durch das Projekt eingespart werden. Dies könnte helfen, Emissionen in Höhe von 130 Millionen Tonnen Kohlendioxid und 1,4 Millionen Tonnen Schwefeloxid zu reduzieren. Die erste West-Ost-Pipeline verläuft vom Tarim-Becken in Xinjiang bis nach Shanghai und transportiert jährlich 12 Milliarden Kubikmeter Erdgas. "

[Popeye82]

"Internationalisierung" des Yuan; Neuregelung von Auslandinvestitionen erfolgt Ende des Jahres - GCorg - Jun 15, 2011
http://german.china.org.cn/fokus/2011-06/15/content_22791349…

"Der Kapitalaustausch mit dem Ausland soll vereinfacht werden und Ausländische Investoren dürfen mit Renminbi über Hong Kong in China investieren, um den Yuan weiter zu internationalisieren.


China wird vor Jahresende neue Regelungen über Yuan-denominierte ausländische Direktinvestitionen (FDI) bekannt geben. Dieser Schritt werde laut der Hongkonger Währungsaufsichtsbehörde (HKMA) eine leichtere Rückführung der chinesischen Währung erlauben.

„Wenn die Regelung erst einmal beschlossen wurde, wird es eine höheres Maß an Sicherheit sowie einen leichteren Zugang für Investoren geben, nachdem diese in Honkong und anderswo Finanzierungen mit dem chinesischen Yuan vorgenommen haben“, sagte HKMA-Vorstandsvorsitzender Norman Chan. China wird als zweitgrößte Volkswirtschaft der Welt in diesem Jahr um 9,5 Prozent wachsen. Dies meinten Volkswirte, die von Bloomberg befragt wurden.

Verlockende Investments und lancierte Kapitaleinflüsse gehen mit Chinas rekordwürdigen Devisenreserven in Höhe von rund 2 Billionen Euro sowie hemmenden Zentralbankmaßnahmen zur versuchten Grenzziehung bei Immobiliengeschäften und Konsumwarenpreisen einher. „China mag keinen ausländischen Yuan-Vorrat als Rückgabe in Form von Portfolio-Investitionen in Aktien oder Immobilien anhäufen, da diese Märkte kein neues Kapital benötigen. Mehr ausländische Direktinvestitionen würden jedoch begrüßt werden“, sagte Dariusz Kowalczyk, ein Ökonom bei Credit Agricole CIB in Hongkong. „Es könnte mehr „Dim Sum“-Fondsemissionen zum Fundraising für Investitionen in China geben, was die Gewinne gedeihen ließe“.

Mehr Kapitalaustausch. Die Dim Sum-Notenverkäufe könnten 2011 auf 21,5 Milliarden Euro anwachsen, im Vergleich zu 4 Milliarden Euro im Vorjahr. Dies liegt daran, dass globale Investoren auf die Aufwertung des chinesischen Yuans mehr spekulieren als die Währungen Brasiliens, Indiens und Russlands. Laut einer Schätzung von Mizuho Securities Asia Ltd. haben Dim Sum-Emissionen in diesem Jahr bislang ein Volumen von 7,2 Milliarden Euro erreicht.

Wie das Handelsministerium letzten Monat verkündete, stieg ausländisches Investment in China in den ersten vier Monaten des laufenden Jahres um 26 Prozent auf 27 Milliarden Euro. Derzeit benötigen Chinas Yuan-FDI Chan zufolge jeweils fallweise die Genehmigung durch die nationalen Behörden. Yuan-Depots stiegen im April in Hongkong auf Datenbasis der HKMA um 13 Prozent auf 54,8 Milliarden Euro an.

Die neuen Regelungen könnten zu riesigen in Yuan-denominierten Investitionen auf dem chinesischen Festland führen und „unter Umständen das Wachstum des ausländischen Yuan-Bestands verlangsamen“, so Kowalczyk. „Pläne für vereinfachende Neuregelungen, welche die in Yuan-denominierten ausländischen Direktinvestitionen umfassen, sind keine Überraschung. Sie sind ein logischer Folgeschritt auf dem Weg der Internationalisierung der chinesischen Währung.“ "

[Popeye82]

Inflation führt zu Rekordausgaben bei chinesischer Ein-Kind-Familie - GCorg - Jun 15, 2011
http://german.china.org.cn/business/txt/2011-06/15/content_2…

[Popeye82]

Formation Metals - Earthworks Contractor Mobilizing Equipment for Idaho Cobalt Mine Construction - June 16, 2011
http://tmx.quotemedia.com/article.php?newsid=42232496&qm_sym…

[Popeye82]

Hodges Resources - Moiyabana Increased Exploration Target, to 1.4 -1.6Billion Tonnes - Jun 7, 2011

HL:

+ In situ coal exploration target estimate increases to between 1.400Mt &1.650Mt

+ 660Mt with potential for being amenable to open cast mining methods

+ The deposit is amenable to a wide variety of bulk open cut mining methods

+ expect to announce a major drilling campaign in the immediate-term ...
www.stocknessmonster.com/news-item?S=HDG&E=ASX&N=544534

[Popeye82]

Sable Mining Africa - Bagla Hills Acquisition; CEO: "The Bagla Hills project has world class potential with existing reports already indicating a resource estimate of 838Mt @32% Fe. The geology clearly indicates the possibility for a much bigger project with large tonnages of iron ore being present covering the two ridges &@depth along the keel of the fold axis. Importantly it appears to be an extension of the Western Cluster just across the border in Liberia, which not only underpins the regional prospectivity but will ensure the relevant infrastructure needed for the development &production stages is in place. Our aim is to initiate a drilling programme to expand the existing historical resource &upgrade it to JORC status" - Apr 5, 2011

HL:

+ Bagla Hills deposit in Sierra Leone has a historical resource estimate of 838Mt @32% iron(„Fe‟)

+ Historical drill intersections &magnetic surveying defined two main zones of iron formation that coincide with the two main topographic ridges, the East &West Ridges

+ East &West Ridges potentially part of a major fold – presents the possibility for large tonnages of iron ore being present in depth along the keel of the fold axis

+ Located 80km from the coast &12km from a disused railhead @Kongo in Liberia – strategic asset with multiple possible transport routes to export product

+ Deposit believed to be an extension of the „Western Cluster‟ iron ore deposits in Liberia – requisite infrastructure in place for development &production stages

+ Exploratory drilling campaign to be initiated to detail mineral potential &to publish a JORC resource ...
www.sablemining.com/News/RNS/Bagla%20Hills%20Acquisition%200…


786Million Tonnes Coal Seam Tonnage Modelled @Lubu Project - Apr 6, 2011
www.sablemining.com/News/RNS/786_Mt_Coal_Seam_Tonnage_Modell…


Springbok Flats Coal Project Update; aforementioned titles have current non-JORC estimated coal resources of 342Mt &998Mt respectively, which, on completion, will provide DMC with a total attributable tonnage of 938Mt - May 4, 2011
www.sablemining.com/News/RNS/Springbok_Flats_04.05.11.pdf


Acquires Interest in 1 billion tonne potential Lubimbi Coal Project, 35km from Dete railway siding, in Zimbabwe; coal zone is approximately between 20 &45m in thickness, it outcrops on the north western border of the Project &dips gently to the east @about 2 degrees. These results indicate the viability of tonnage in excess of 1 billion tonnes of in-situ coal, &the analytical work done suggests that a high grade thermal coal &a soft or blend coking coal fraction could be produced; commencing a 10,000m Phase 1 drilling programme designed to confirm these tonnages &simultaneously to investigate the potential mix of coking, metallurgical &thermal coal products. This will cover the area @an initial drill spacing of 1km, following which this grid will be closed down to 500m in the areas where the best results are obtained. Two core rigs will be employed with the programme estimated to take 10-12 months to complete, base camp is being established on site - Jun 6, 2011
www.sablemining.com/News/RNS/Acquires%20Interest%20in%20Lubi…


Acquires 60% of the Kpo Range, Liberia; Project has an identified strike of ~60km; Kenema-Man domain is a well known iron ore province which is being
explored by mining majors including BHP Billiton, Arcelor Mittal, Severstal
&BSG Resources; helicopter based airborne magnetic survey has already been completed by the Company on the Project &analysis of this data is currently being undertaken. On 1st pass, the Project area appears to host significant magnetic anomalies which coincide with the geologically mapped itabarite occurrences. Accordingly, a detailed geological exploration programme is being finalised, including drilling, which will investigate the
potential of these targets testing the iron content of the anomalies; CEO: "This area of Liberia represents one of the most exciting iron ore provinces globally , &this majority interest in the Kpo Range, together with our interest in the Bopulu Project, will provide Sable Mining with a considerable mineral footprint in the region. With a current strike length of 60km &1st pass aeromagnetics indicating significant anomalies, Kpo is a high priority target for Sable Mining &we intend to commence a comprehensive work programme, which will include drilling, as soon as practicable in order to gain a better understanding of the scale &quality of this significant new asset" - Jun 13, 2011
www.sablemining.com/News/RNS/Aquires%20intrest%20in%20Salmec…

[Popeye82]

Strike Resources - Cusco Project, Resource Estimate - Jun 17, 2011

HL:

+ Inferred Resource of 104.4 million tonnes(Mt) @an average grade of 32.6% Fe, 21.7% SiO2, 3.19% Al2O3, 0.53% S, 0.04% P &0.23% LOI. in conjunction with Apurimac Ferrum(“AF”) geologists.

+ Additional potential iron ore mineralisation identified from current drilling of 23 to 26 Mt @similar grades to the Inferred Resource.

(The potential quantity &grade of the target iron ore is conceptual in nature. There has been insufficient exploration to define an additional mineral resource in relation to that target iron ore. It is uncertain whether further exploration will result in the determination of an additional mineral resource in relation to that target iron ore.)


+ Potential for higher-grade, lower-sulphur, near-surface haematite zones identified in logging.

+ Significant potential for further iron ore mineralisation through extensions along strike &testing of remaining geophysical targets. ...
www.stocknessmonster.com/news-item?S=SRK&E=ASX&N=545704

[Popeye82]

Cape Lambert owns majority stake in African iron-ore projects - MW, PERTH - Jun 17, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/cape-lambert-owns-majority-stak…
www.stocknessmonster.com/news-item?S=CFE&E=ASX&N=545636

"PERTH (miningweekly.com) − ASX-listed Cape Lambert has now taken majority ownership in two potentially large-scale West African iron-ore projects, after gaining >90% shareholding in Pinnacle Group Assets.


Cape Lambert has acquired a further 42.8% shareholding in the company, taking its final stake to 90.2%. The copper miner paid A$16.33-million in cash, as well as A$32.67-million through the issue of 54.45-million Cape Lambert shares, at a deemed price of 60c a share.

A further cash payment of A$16.33-million was payable before the end of December this year.

Pinnacle owns the Kukuna iron-ore project, in Sierra Leone, and the Sandenia iron-ore project, in Guinea.

Kukuna comprises one exploration licence of 68 km2 and is located 70 km north of Cape Lambert’s Marampa iron-ore project and associated infrastructure. The project has an exploration target of between one-billion and two-billion tons, grading between 30% and 35% iron.

The Sandenia project comprises two exploration licences covering 608 km2. Prospect-scale mapping and sampling of the priority exploration targets would start in the June quarter, to enable the design of a first-pass drilling programme, currently scheduled to start in the second half of the year. "

[Popeye82]

African Iron - Acceleration of Drilling Campaign, @Mayoko Project; CEO: "the addition of a second experienced drilling contractor will accelerate the resource definition drilling campaign on the DSO &bDSO zones during the four month dry season thereby underpinning the Mayoko resource update scheduled for the December ´11 quarter" - Jun 14, 2011

HL:

+ Central African based drilling company Geofor engaged to undertake a minimum 20,000m reverse circulation drilling program.

+ Geofor will mobilise two reverse circulation drill rigs to Mayoko during June ´11 to accelerate the resource definition drilling on supergene &enriched hematite banded iron formation zones @the Mount Lekoumou &Mount Mipoundi prospects.

+ Geofor will operate alongside Partners Drilling International, who will continue drilling with one reverse circulation rig &two diamond rigs.

+ The increased rate of drilling allows the Company to make maximum use of the upcoming dry season.

+ With the additional two reverse circulation rigs from Geofor, there will be a total of five drill rigs working @Mayoko. ...
www.stocknessmonster.com/news-item?S=AKI&E=ASX&N=545129

[Popeye82]

2020 soll Handelsvolumen zwischen China +Russland 200 Milliarden US-Dollar erreichen - CRI/GCorg - Jun 17, 2011
http://german.china.org.cn/business/txt/2011-06/17/content_2…

"China und Russland stimmen über umfassende strategische kooperative Partnerschaft überein. Das bilaterale Handelsvolumen sollte vor 2015 auf 100 Milliarden US-Dollar und vor 2020 auf 200 Milliarden US-Dollar steigen.


Der chinesische Staatspräsident Hu Jintao hat am Donnerstag in Moskau mit seinem russischen Amtskollegen Dmitri Medwedew ein Gespräch geführt. Am gleichen Tag veröffentlichten beide Staaten eine gemeinsame Erklärung über das 10. Jubiläum der Unterzeichnung des chinesisch-russischen Vertrags über gutnachbarschaftliche Freundschaft und Kooperation. In der Erklärung wird betont, dass beide Länder eine Entwicklung der umfassenden strategischen kooperativen Partnerschaft anstreben würden, die auf Gleichberechtigung, Vertrauen, gegenseitiger Unterstützung, gemeinsamer Prosperität und Generationen übergreifender Freundschaft basiere.

Weiter heißt es, beide Staaten würden unbeirrt den jeweiligen Entwicklungsweg, Wahrung der Souveränität, territoriale Integrität und Vereinigung unterstützen. Das bilaterale Handelsvolumen sollte vor 2015 auf 100 Milliarden US-Dollar und vor 2020 auf 200 Milliarden US-Dollar steigen.

Darüber hinaus haben Hu und Medwedew eine gemeinsame Erklärung über die gegenwärtige internationale Situation und wichtige internationale Fragen unterzeichnet. In der Erklärung heißt es, eine Lösung der Krise sollte im gesetzlichen Rahmen durch politische Dialoge gefunden werden. Gesellschaftliche Ordnung und Stabilität sollten wiederhergestellt werden. Demokratische und wirtschaftliche Reform sollten vorangetrieben, und umfassende nationale Dialoge gestartet werden. Die internationale Gemeinschaft sollte so bald wie möglich konstruktive Unterstützung für die Wiederherstellung der Stabilität in betreffenden Ländern und Gebieten liefern, um eine Eskalation der Lage zu vermeiden. Allerdings dürften sich fremde Kräfte nicht in die inneren Angelegenheiten solcher Staaten einmischen. "

[Popeye82]

Zwei verstrahlte Wale vor Japans Küste gefunden - SD/GCorg - Jun 17, 2011
http://german.china.org.cn/international/2011-06/17/content_…

[Popeye82]

Klondex Mines - Warns Shareholders Against Hedge Fund Group's Attempt to Take Control of Klondex's Nevada Gold Assets ; Dissident Group’s Plans/Motives are Highly Suspect ; Urges Shareholder Support of WHITE Proxy Board Slate; Klondex to Host Shareholder Conference Call on Tuesday, June 21st @11:00 a.m. ET - Call Details Provided on Page 5 Below - Jun 17, 2011

Recent Klondex Mines Achievements

+ Commenced exploration decline into Main Zone – have completed >800 ft. to date.

+ Completed ´09 &´10 surface exploration programs with 48,000 ft. of Core/RC drilling.

+ Secured “Letter to Proceed” from the U.S. Bureau of Land Management.

+ Built highly experienced, seven-person team to manage Nevada operations, supported by 12 expert consultants in several areas of specialty.

+ Completed C$9 million equity offering.

+ Secured all required permits to execute underground exploration &bulk sampling.

+ Closed US$20 million gold loan financing with initial US$10 million funding.

+ Contracted Small Mine Development(SMD), with a team of over 35 highly specialized miners, engineers, geologists, etc., to drive the underground decline.

+ Launched 59,000 ft. Surface Drilling Program for ´11.

+ Completed bulk of Fire Creek surface work &drainage ponds.

+ Conducted active investor marketing program over the past 18 months in Canada, U.S., Europe &Asia which substantially expanded Klondex awareness &valuation.

+ Throughout, Klondex has held issued shares to just 36.7 million &diluted shares to 43.3 million.

+ Initiated ´11 Surface Drilling Program – June ´11

+ NI 43-101 resource update – expected in June ´11 ...
http://finance.yahoo.com/news/Klondex-Mines-Ltd-Warns-bw-412…

[Popeye82]

Energio - Commencement of “Exploration Activities” - Jun 3, 2011

HL:

+ Exploration activities commence

+ Commencement of sinking of two 40m winzes

+ Drilling contractor to be selected over coming weeks

+ Drill program to commence in early July ´11

+ Company plans to expedite the drill program with a view to announcing its maiden resource in ´12. ...
www.stocknessmonster.com/news-item?S=EIO&E=ASX&N=544169

[Popeye82]

BioNeutral Group - Announces Caliber Sales Engineering as an Authorized Dealer; product has demonstrated utility &effectiveness in industrial, health care &military settings, @the onset, Ygiene formulations are non corrosive &can be used in close proximity to electronics &high grade stainless steel components; distribution agreement will be limited to sales opportunities within the United States; Caliber representing many premier defense equipment manufacturers in the military aviation, marine, &tactical markets. Caliber has a proven track record in providing support for legacy systems from high profile companies such as Northrop Grumman, Lockheed Martin, Raytheon, a&other major U.S. manufacturers; DoO: "We @Caliber are excited about this opportunity &look forward to working with BioNeutral &in leveraging our distribution platform to market the all new &very unique Ygiene product platform" - Jun 14, 2011
http://finance.yahoo.com/news/BioNeutral-Announces-Caliber-p…

[Popeye82]

German nuclear policy implications; On May 30, the German government announced its decision to close all its nuclear reactors by ´22, a critical decision that could have considerable implications. According to the International Monetary Fund &the World Bank, Germany's economy represents the 4th largest in the world. Last year, nuclear power was responsible for 23 percent of the German domestic energy mix. On Friday, Chancellor Angela Merkel agreed with state premiers on a phased exodus plan of nuclear power &to stick to plans to more than double the share of renewables to 35 percent by ´20. The changes to power grid expansion plans &the subsidy system for renewable energy, such as solar &wind, must be approved by both chambers of parliament in order to confirm the change of course on energy strategy by the parliamentary summer break in July - U3O8.biz - Jun 9, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=461873&_Type=Ma…

[Popeye82]

Silver Bear Resoures - Announces ´11 First Quarter Results +Announces Expanded ´11 Exploration Program; will complete a Preliminary Economic Assessment @the Mangazeisky Project early in the third quarter of ´11, to assess the viability of advancing the Project towards production based on its current scale. Silver Bear has commissioned a Russian Feasibility Study +Russian reserve estimate, which will be submitted to Russian authorities in the fourth quarter of ´11 as part of the process of obtaining a mining license. The Company is in continuing discussions with the Russian regulators to extend its current exploration license, which expires December 31, ´11 - Jun 9, 2011
http://finance.yahoo.com/news/Silver-Bear-Announces-2011-cnw…

[Popeye82]

Fortis quashes speculation about more Kazakhstan deals - MW, PERTH - Jun 17, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/fortis-quashes-speculation-abou…

"Minerals explorer Fortis Mining on Friday doused media speculation that it was looking at further investments or acquisitions in Kazakhstan, following its $260-million plan to acquire and develop two potash mines in the region.


Responding to an article in the Australian Financial Review, Fortis confirmed that while it had held informal talks about further opportunities in Kazakhstan, it was not pursuing any proposals at this time.

“The company remains committed to completing the proposed acquisitions of the Zhilyanskoe and Chelkar mines, in Kazakhstan, and towards obtaining shareholder approval to change the scale and nature of the company’s activities and any requisite requirements of the ASX listing rules,” Fortis said in a statement.

The developer added that the ASX had also confirmed that should the company enter into any other transactions in Kazakhstan, or elsewhere, before obtaining shareholder approval for the potash transactions, Fortis’ shares were likely to be suspended until the listing rules were met.

Fortis announced in February that it would buy the Chelkar and Zhilyanskoe potash salt deposits, after signing a binding heads of agreement with the project owners. The Melbourne-based company would buy a 75% shareholding in Ji’an Resources, which ultimately owns the projects.

The Chelkar deposit is estimated to host some one-billion tons of baron oxide, almost six-billion tons of potassium oxide and around one-million tons of magnesium oxide. The Zhilyanskoe deposit is estimated to host some 545-million tons of potassium oxide, and around 112-million tons of potassium chloride.

The company was looking to raise some $236-million from Chinese investors, to fund the acquisitions. "

[Popeye82]

"Daisy" ist die intelligenteste Kuh in Nordirland ; arbeitet bei Langeweile an der Entschlüsselung von π - W.de - Jun 18, 2011
http://web.de/magazine/wissen/tiere/13044316.html

[Popeye82]

Die langlebigste Glühbirne der Welt feiert mit einer Party Geburtstag ; Obama musste überraschend absagen - DPA, SAN FRANCISCO - Jun 18, 2011
http://web.de/magazine/wissen/mensch/13037586-gluehpower-mit…

[Popeye82]

kino.to: Konten beschlagnahmt; Ermittler stellen rund 2,5 Millionen Euro +Luxusautos sicher - DPA, DRESDEN - Jun 19, 2011
http://web.de/magazine/digitale-welt/internet/13047548-konte…

[Popeye82]

Baja Mining - Secretary of Economy of Mexico, as the personal representative of the President of Mexico, Lays 1st Stone @Minera Boleo; Boleo is currently meeting its scheduled milestones; 1st copper production remains on target for 1st quarter, ´13 - Jun 16, 2011
www.marketwire.com/press-release/baja-mining-corp-secretary-…

[Popeye82]

Ferrowest - $29M Investment +Offtake Deal - Jun 7, 2011

+ Sinchuan Taifeng Groupto earn a 50% JV interest in:

- The Yalgoo Iron Project +
- The Western Haematite Project


+ Taifeng will sole fund A$20M in project development

+ $4.8M will be invested in new Ferrowest shares @$0.20/share

+ Exercise of 18M options @0.24/share will provide up to $4.32M ...
www.stocknessmonster.com/news-item?S=FWL&E=ASX&N=544438

[Popeye82]

Legacy Iron Ore - Mt Bevan Iron Ore Project Maiden 617Mt Resource - Jun 20, 2011

HL:

+ Maiden JORC compliant Inferred Resource of 617 Mt @32.1% Fe -substantially exceeding the initial exploration target.

+ Resource covers only 40% of strike of 1st iron ore target.

+ Modelling confirms magnetite body as thick shallow dipping slab.

+ Preliminary DTR tests show excellent weight recoveries averaging 45.6%, &a concentrate grade of 71.4% Fe, with low silica &negligible phosphorus &sulphur.

+ Overall Exploration Target for magnetite revised to 1.5 –2.0 Bt grading 30% -40% Fe* –for southern part of Western BIF target alone.

+ Next phase drilling planned for August ´11 to extend resource on north &south of area drilled &test area bordering Jupiter’s Mt Mason for DSO hematite. ...
www.stocknessmonster.com/news-item?S=LCY&E=ASX&N=545899

[Popeye82]

Kivalliq Energy - High Grade U-Cu-Ag-Mo Intercept Extends Blaze Zone; Assays Received From Initial 10 Holes, @Blaze Zone - Jun 20, 2011

+ Early exploratory drilling @Blaze has outlined a mineralized system that warrants further drilling, demonstrating the potential for additional uranium discoveries on Kivalliq's 225,000 acre Angilak Property.

+ Assays from the 1st ten of 19 holes drilled @Blaze have identified significant U-Cu-Ag-Mo mineralization over 100 metres strike length @down to a depth 160 metres, remaining open along strike &to depth.

+ Hole 11 BZ-010, with 1.01% U3O8 over 25.4 metres, is a significant interval that includes impressive Cu, Ag &Mo values. Subsequent holes(assays pending) suggest true width of this interval to be roughly 4 metres.

+ Blaze is defined by several fracture zones with veining, breccia &associated hematite alteration that crosscuts metavolcanic host rock.

+ Assays are pending from the nine remaining holes drilled @Blaze Zone. ...
www.marketwire.com/press-release/kivalliq-high-grade-u-cu-ag…

[Popeye82]

Impact Minerals - Botswana Update; Major Drill Programme to Start Soon - Jun 15, 2011
www.stocknessmonster.com/news-item?S=IPT&E=ASX&N=545398

[Popeye82]

Europe Tells Greece: Agree to Austerity, Get More Loans -Reuters; Euro zone finance ministers applied intense pressure on Greece on Monday, saying it had to approve stricter austerity measures before a final decision is made on a further 12 billion euros in loans - FY/Reuters, LUXEMBOURG - Jun 20, 2011

- Annika Breidthardt +Dan Flynn -
http://finance.yahoo.com/news/Europe-gives-Greece-ultimatum-…

"Euro zone finance ministers gave Greece two weeks from Monday to approve further spending cuts and tax increases in exchange for another 12 billion euros in emergency loans, piling pressure on Athens to get its ragged finances in order.

After two days of crisis talks, the ministers effectively issued Athens an ultimatum, saying the Greek government, parliament and broader society had until July 3 to approve a new austerity package that includes privatization measures in order to secure the release of the next tranche of EU/IMF aid.

Greece risks defaulting on its debts if the next tranche, the fifth installment of 110 billion euros ($155 billion) of loans agreed with Athens in May 2010, is not released in time.

"The approval of the Greek parliament is absolutely essential and it will have to arrive in a timely fashion so we can take a decision on July 3," said Jean-Claude Juncker, who chairs the Eurogroup of the 17 euro zone finance ministers.

"It is clear that the (Greek) debt is sustainable, but the debt will only remain sustainable if Greece fulfills all its commitments which it agreed with the troika," he told reporters, referring to the European Union, International Monetary Fund and European Central Bank.

Finance ministers from the Group of Seven industrialized nations held a second conference call on Monday after discussing on Sunday night the potential impact on global financial markets if Greece were to default.

Both calls were organized by French Finance Minister Christine Lagarde, the favorite to be named as the IMF's new chief this month.

"We have a calendar; we have a roadmap," Lagarde told reporters in Luxembourg. "Efforts have to be undertaken, in the first place by Greece, which leaves here knowing that it has considerable parliamentary efforts to make."

In Washington, the White House restated its view that the crisis could pose a risk to fragile economic recoveries around the world if it spins out of control, but that the mechanism exists to contain it.

"It does create a headwind, and that's why it needs to be resolved for the global economy," said Jay Carney, the presidential spokesman. "We believe Europe, working with the Greek government, can resolve it."

Greece's newly appointed finance minister, Evangelos Venizelos, issued a statement shortly before Juncker spoke saying he would strive to ensure the already reworked austerity program was approved, possibly by June 28.

"The overriding aim is to develop a clear relationship of trust, to stabilize the situation, to have a disbursement of the fifth installment, Venizelos said. "The political time has been compressed a lot. Each day is of extreme importance and hence we cannot afford to waste a single hour."

Shoring up their ability to tackle any further problems in the euro zone, the ministers also rubber-stamped an agreement to increase the effective lending capacity of the current bailout fund, the EFSF, to 440 billion euros by increasing guarantees.

And they said the European Stability Mechanism, the permanent crisis fund that will replace the EFSF from June 2013, would not have preferred creditor status when it comes to loans to Greece, Ireland and Portugal, a change that eased concerns among private creditors about its structure.


ATHENS ON WATCH

In Athens, crowds of anti-austerity demonstrators gathered in the central square outside parliament, but there were no new clashes with police. Power workers began a strike and blackouts were expected in parts of the country.

In parliament, Greek legislators debated the highly unpopular plans, which aim to produce a further 6.5 billion euros in budget savings this year, and 28 billion through 2015, and raise 50 billion euros from the sale of state assets.

On Sunday, Prime Minister George Papandreou appealed to the nation to accept steps that certainly in the short term will make life harder for most citizens.

"The consequences of a violent bankruptcy or exit from the euro would be immediately catastrophic for households, the banks and the country's credibility," Papandreou said at the start of a confidence debate on his new crisis cabinet.

While some financial experts in Greece expect protest to die down and the package eventually to be approved, one Greek newspaper on Monday said the EU had treated Greece poorly.

Blaming "the stupidity of Europeans," the Eleftherotypia newspaper wrote in an editorial:

"Today it's at risk of becoming Europe's little whore. If the euro's 17 members do not understand that to save their economy they must become one federation, the euro will collapse and with it half of its economies."


NEW INSPECTIONS

Inspectors from the EU and IMF will make a further visit to Athens this week -- having just completed an inspection -- to examine changes the country wants to make to the plan, Olli Rehn, the EU's monetary affairs commissioner, said.

In order to impose a deadline on Athens, Juncker said he had already scheduled an extraordinary meeting of euro zone finance ministers for July 3, when the disbursement of the 12 billion euros will be approved -- if Greece keeps its side of the deal.

The euro weakened against the dollar marginally on Monday and the cost of insuring Greek and Italian debt against default rose, a reflection of the increasing risk of contagion across highly indebted euro zone states from Greece's problems.

Ratings agency Moody's said on Friday it could downgrade Italy's Aa2 rating in the next 90 days given concerns Greece's crisis could derail Italy's tepid recovery.

While it seems likely that Athens will eventually get the next tranche, as well as a further emergency loan program of around 120 billion euros up to the end of 2014, the net result is only to buy Greece more time -- the possibility of a debt restructuring in the longer-term, or even default on a portion of its debt, has not gone away.

After their meeting into the early hours of Monday, the euro zone ministers announced that they were ready to put together a second package of loans for Greece, despite the country having missed debt targets in the first package.

The second package, to be outlined by mid-July, will include more official loans and, for the first time, a contribution by private investors, who will be expected to voluntarily purchase new Greek bonds as existing ones mature.

(Additional reporting by John O'Donnell, Daniel Flynn, Annika Breidthardt and Julien Toyer in Luxembourg, and Renee Maltezou and George Georgiopoulos in Athens; Writing by Luke Baker; Editing by Mike Peacock/Ruth Pitchford/Ron Askew/Eric Walsh) "

[Popeye82]

Linc Energy - Governor of Alaska Supports LNC`s Umiat Oil Field Plans, To Develop 50,000 BOPD Oil Field in Alaska - Jun 20, 2011

+ Governor of Alaska, Sean Parnell, welcomes Linc Energy’s purchase of oil +gas assets in Alaska’s Umiat region.

+ Governor reaffirms State of Alaska’s plans to develop a road +pipeline corridor from Umiat to the TransAlaska Pipeline System(TAPS) ...
www.stocknessmonster.com/news-item?S=LNC&E=ASX&N=232748

[Popeye82]

Venture Minerals - Drilling @Reward Prospect Continues to Deliver - Jun 2, 2011

HL:

+ Drilling confirms robust tin zone @Reward including:

- 28m @0.9% tin equivalent(0.89% tin)
- 18m @0.8% tin equivalent(0.69% tin)
- 11m @1.0% tin equivalent(0.87% tin)


+ Mineralization @Reward is from surface +open to the southeast with multiple drill targets currently being tested over 4km of strike.

+ Both the resource base +recent drilling @Reward are in addition to those resources used in the recent Mt Lindsay Pre-Feasibility Study.

+ 6 diamond core rigs @site continue with an aggressive exploration program +Bankable Feasibility Study drilling. ...
www.stocknessmonster.com/news-item?S=VMS&E=ASX&N=544025

[Popeye82]

Hazelwood Resources - Big Hill Tungsten Project Final Design Criteria Testwork; Largest advanced Ferrotungsten Facility outside of China - Jun 1, 2011
www.stocknessmonster.com/news-item?S=HAZ&E=ASX&N=543852
www.stocknessmonster.com/news-item?S=HAZ&E=ASX&N=543873

[Popeye82]

Phoenix Gold - Resource update - May 31, 2011

HL:

+ Resource Estimate for Castle Hill >doubles, from 253KOz to 526KOz

+ Succesfull Drilling +Re-Evaluation Adds 4.9Mt @1.7g/t for 273KOz

+ Strike Length now >2km +Open in all Directions +@depth

+ Growing the Resource Base @Castle Hill now a Key Strategic Focus for Phoenix

+ Phoenix´s Total JORC Classified Mineral Resource now 1.39MOz...
www.stocknessmonster.com/news-item?S=PXG&E=ASX&N=543646

[Popeye82]

Venus Metals - Yalgoo Iron Ore Project -Additional Resource; JORC Inferred Magnetite Mineral Resource of 201.7Million Tonnes, Increases Total JORC Inferred Magnetite Mineral Resources @Yalgoo to 645.6Million Tonnes; company continues to work closely with Shandong Provincial Bureau of Geology +Minerals, to progress the project to next stage of development; pre-feasibility study expected to be completed in July ´11 - May 31, 2011
www.stocknessmonster.com/news-item?S=VMC&E=ASX&N=543662

[Popeye82]

Prodigy Gold - Drilling Identifies Areas for Open Pit Expansion @Magino: 128 metres grading 1.37 gpt Gold - Jun 20, 2011
http://finance.yahoo.com/news/Prodigy-Drilling-Identifies-bw…

[Popeye82]

Trelawney Mining &Exploration - Intersects 337.00 Metres of 0.94 g/t Gold @Cote Lake - Jun 20, 2011
http://finance.yahoo.com/news/Trelawney-Intersects-33700-iw-…

[Popeye82]

IAMGOLD - Files Independent Technical Report for Niobec Mine Confirming 691% Increase in M&I Niobium Resources &a Potential Net Asset Value for Niobec of Up to $2.0 Billion - Jun 20, 2011

As reported on May 4, 11, the PEA shows:

+ A 691% increase in Measured &Indicated mineral resource to 1.93 billion kilograms of contained niobium pentoxide(458.1 million tonnes @an average grade of 0.42% Nb2O5);

+ Potential threefold increase in the annual niobium production from current levels to 15 million kilograms per year, with the potential for further production increases;

+ A remaining mine life in excess of 40 years @the expanded production rate;

+ Based on higher metal prices &lower operating costs, the operating margin is estimated to increase from $18 per kilogram to $28 per kilogram of niobium, an increase of over 50%;

+ After-tax net asset value("NAV") in the range of $1.6 to $2.0 billion;

+ Initiation of exploration &metallurgical testwork to evaluate the potential of an underexplored Rare Earth Element("REE") zone; &

+ Significantly increases employment &economic benefits to the Saguenay region of Quebec. ...
http://finance.yahoo.com/news/IAMGOLD-Files-Independent-iw-6…

[Popeye82]

Sama Resources - Announces New Intersections from Drilling @its Samapleu Poly-metallic Deposit; CEO: "We are very excited about the excellent nickel +copper grades being returned over good widths in this drilling program. These results, together with the excellent regional potential of the entire property including: Samapleu Extension 1, Gangbapleu-Bounta ridge +the high-grade nickel-cobalt Sipilou South laterite deposit, further enhance Sama's objective of developing a world-class opportunity at its Samapleau Project" - Jun 20, 2011

+ A total of 30 holes for 4,589 metres have been drilled since March ´11.

+ Assays results for 7/30 holes have been received so far.

+ Mineralized zone of 9.0 metres grading 1.01% nickel +0.86% copper.

+ Detailed drilling @the newly discovered Samapleu Extension 1 has started.

+ Several new excellent regional targets have been identified +will also be drilled in the coming weeks, including targets along the 19-km long Gangbapleu-Bounta ridge that hosts up to 11 newly identified mafic to ultramafic bodies, each with the potential of hosting mineralization-

+ 17 additional holes to be reported in the coming weeks. ...
http://finance.yahoo.com/news/Sama-Resources-Announces-New-i…

[Popeye82]

Gold Resource - Acquires 6th Property; new claims including El Chamizo consisting of 26,386 hectares(101 square miles) connecting the Company's Alta Gracia property to its El Rey property effectively consolidating approximately 48 kilometers(29 miles) along strike of the important north 70 west regional structural corridor; President: "After much work &patience, we have methodically consolidated a dominant land position now connecting five properties on what we believe will become one of the most important mineralized structural corridors in southern Mexico " - Jun 20, 2011
http://finance.yahoo.com/news/Gold-Resource-Corporation-iw-3…

[Popeye82]

EPM Mining Ventures - to Commence Trading on the TSX Venture Exchange; follows the previously announced acquisition of 44170 Yukon Inc.("BidCo") by EPM. On April 5, ´11, Bidco participated in a federal lease auction conducted by the U.S. Department of the Interior, Bureau of Land Management for land in the Known Potash Leasing Area @Sevier Lake in Utah. Bidco was the high bidder +was granted rights to 95,171.96 acres(the "Project Lands"). Prior to its acquisition of the Project Lands, Bidco completed a brokered financing through Cormark Securities Inc. of approximately C$30,100,000 that provided it with the funds necessary to bid +pay for the Project Lands. The private placement was for subscription receipts @a price of $0.67 per subscription receipt. The subscription receipts were converted into common shares +class B common shares(non-voting) of BidCo following the occurrence of certain escrow release conditions. Following payment in full for the leases, Bidco has approximately $9 million in cash remaining from the financings - Jun 20, 2011
http://finance.yahoo.com/news/EPM-Mining-Ventures-Inc-to-iw-…

[Popeye82]

Digital Yearbook Enters into Option Agreement to Acquire Iron Ore Property - Jun 20, 2011
http://finance.yahoo.com/news/Digital-Yearbook-Enters-into-b…

[Popeye82]

Ranking stocks on market cap per ounce of gold: Best of the Boards/Blogs - SH - Jun 20, 2011
www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=117516
www.goldminerpulse.com/gold-mining-valuations.php

[Popeye82]

Bauxite Resources - Progress Report - Resource Update - Jun 21, 2011

HL:

+ Global Resource increased to 24.8Mt @30.6% Available Alumina &3.9% Reactive Silica.

+ Maiden Inferred Resource @Juturna of 8.2Mt @29.9% Available Alumina &3.9% Reactive Silica.

+ Updated Inferred Resource @Vallonia of 1.5Mt @28.0% Available Alumina &3.9% Reactive Silica.

+ 2 further Maiden Resources(Stage 1 Cardea &Minerva) currently being modelled with stage two drilling underway.

+ 2 additional new prospects(Pomona &Concordia) identified, with 1st pass drilling complete.

+ Current resources to be reassessed for amenability to high temperature refining aimed @increasing the Available Alumina &improving Available Alumina to Reactive Silica ratios. ...
www.stocknessmonster.com/news-item?S=BAU&E=ASX&N=546056

[Popeye82]

Unglaublich! Der neue Look von Tokio Hotel
http://starlounge.unterhaltung.msn.de/index.cfm?objectid=959…

[Popeye82]

Nimrodel Resources - Acquires Coal Interests; Targets >/=500 Million Tonnes Resource - Mar 3, 2011

Botswana

--> Rights to acquire 70% interest in 2 Botswana coal tenements

--> Drilling has been conducted on both tenements

--> Limpopo Project is in greater Mmamabula Coal field in Eastern Botswana, contiguous with the Waterberg coal fields &within 50km of Grootgeluk mine in South Africa

--> Historical drilling &reports indicates shallow &mineable thermal coal suitable for export

--> Targeting JORC classified resources by end of ´11

--> Deferred consideration based on 500Mt of Inferred JORC resource


Tanzania

--> 100% granted tenements in the east coast based Lindi Project in the Mandawa
basin

--> Initial prioritized drilling to test Cretaceous sediments for coal &uranium


Tasmania

--> Rights to earn 65% of Specimen Reef Project - IOCG

--> Tenements are adjacent to Savage River Mine(iron ore)

--> Savage River first place in Australia to mine Iridium &Osmium

--> Small drill program in ´82 intersected 910g/t Au over 0.2m @140m

--> 100% Avoca Project prospective for uranium in downstream trap sites of the St
Paul’s River system ...
www.stocknessmonster.com/news-item?S=NMR&E=ASX&N=617083



www.stocknessmonster.com/news-item?S=NMR&E=ASX&N=617083


Drilling Results Botswana - Jun 17, 2011

HL:

--> Coal intervals intersected in five holes

--> Coal sequences intersected >20km strike

--> Coal interval 2 reaches 18.2m in thickness

--> PhaseI drilling continues @Takatokwane

--> Chief Geologist appointed ...
www.stocknessmonster.com/news-item?S=NMR&E=ASX&N=545740

[Popeye82]

Peninsula Minerals - Announces Major Resource Upgrade &DFS Time Frame - Jun 17, 2011

HL:

+ JORC Resource now 41.4Mlbs U3O8

+ 25% increase in Total Resource Estimate

+ Measured &Indicated Resource of 11.2Mlbs U3O8

+ 7% increase in Measured &Indicated Resource

+ Measured &Indicated U3O8, increased to 27% of the Total Resource

+ Ross Permit Area Vanadium Resource upgrade to 2.3Mlbs V2O5

+ DFS incorporating updated resource calculation imminent ...
www.stocknessmonster.com/news-item?S=PEN&E=ASX&N=545708

[Popeye82]

Forte Energy NL - Doubling of Resources Following A238 Drilling Campaign; maiden JORC Code compliant Inferred Mineral Resource of 26.5Mt @256ppm U₃O₈ for 14.9Mlbs contained U₃O₈; new Total of 28.5Mlbs U₃O₈ - Jun 22, 2011
www.stocknessmonster.com/news-item?S=FTE&E=ASX&N=546275

[Popeye82]

Centaurus Metals - Interim JORC Resource Upgrade for Jambreiro Iron Ore Project: 70.6 million tonnes
@28.0% Fe M/I/I; Drilling of South East Extension Zone Continues, Drilling &Scoping Study Results Due in July - Jun 22, 2011
www.stocknessmonster.com/news-item?S=CTM&E=ASX&N=546210

[Popeye82]

Solomon Gold Plc - Resource Upgrade @Rannes Project; 543koz of contained equivalent gold; Drilling continues to target 2Moz Inferred Resource - June 21, 2011

HL:

+ Solomon Gold Inferred Resource increased by 34%.

+ Solomon Gold upgrades Inferred Mineral Resource to 14.81Mt @1.14g/t gold equivalent for 543,858oz of contained equivalent gold(gold to silver ratio of 1 : 40 &a 0.35g/t gold equivalent cut‐off grade).

+ The Kauffmans-Homestead resource component remains open @depth, below the existing drilled intersection &estimated resource.

+ Multiple prospects within the Central Rannes Project area, over a 1.5km strike length, provide excellent potential for a significant further expansion of the existing resource inventory.

+ Drilling campaign to continue on targets in the Central Rannes Area in order to define 2Moz gold equivalent resources.

+ A$12million cash @bank. ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Andover Ventures - Announces Resource Estimate for Burgin Extension Deposit, ~2.25Mt@8Oz/t Ag, 0.19Oz/t Au; 12.5% Pb +4% Zn; East Tintic Mining District, Utah, USA; gold content in each block is not used in the AgEq calculation due to the uncertain metallurgy associated with this metal; Burgin Extension Deposit is established as a high grade silver-lead-zinc project located on Chief's sizable land holdings, part of a complex which includes other known deposits such as Zone A, 5340 Zone, Zone B, +the Ball Park Zone. None of these deposits included in the Resource Estimate. Additionally, the Burgin Extension deposit is open on-strike +down dip. These carbonate replacement deposits or manto deposits are part of a large silver, gold, lead +zinc complex for which the East Tintic District is historically famous; PEA is expected to be completed before the end of summer; COO: "We are excited about the confirmation of this emerging high grade silver deposit, +look forward to receiving the full PEA from MDA in the coming period. We emphasize that this resource calculation is based solely upon the Burgin Extension Deposit, +does not include any of the additional deposits within this promising complex. We thank all those who have worked diligently in the development of this Resource Estimate +believe that this marks the 1st step in developing this attractive high grade silver deposit" - Jun 22, 2011
www.marketwire.com/press-release/andover-ventures-announces-…

[Popeye82]

Cap-Ex Ventures - Airborne Identifies High Priority DSO Targets @Lac Connelly; Geophysical Consultant, Jean Hubert, has completed interpretation of the preliminary data, which has identified 17 hematite, Direct Shipping Ore("DSO") &magnetite priority targets up to five kilometres long &one kilometre wide. For the most part, the anomalies coincide with the large iron ore occurrences shown on the geological map prepared by the Government of Quebec in ´77; Cap-Ex is now preparing to go on site @Lac Connelly to map &delineate these anomalies in preparation for commencement of drilling; drill program will target the hematite units which can form DSO deposits - Jun 22, 2011
www.marketwire.com/press-release/cap-ex-ventures-ltd-airborn…

[Popeye82]

Lithium One - Engages Engineering Firm to Complete PEA on Sal de Vida Lithium +Potash Brine Project; multi-pronged approach will facilitate timely delivery of the PEA +related NI 43-101 report, which are both expected to be completed during 3rd quarter; CEO: "We are pleased to be nearing the completion of our PEA only two years after acquiring the Sal de Vida Project. Our results to date have been outstanding +we expect a robust economic model will be delivered by ARA. This work will put us in a position to move rapidly through the completion of the feasibility study in the 1st half of ´12 +we remain on track for our goal of delivering the first lithium +potash products from Sal de Vida in ´15, when strong growth in the lithium market is forecast" - Jun 22, 2011
www.marketwire.com/press-release/lithium-one-engages-enginee…

[Popeye82]

Arianne Resources - Lac a Paul Project: Manouane Zone Drilling Extends Mineralized Area; is important to note that according to the National Instrument 43-101, the new resource calculation must be disclosed along with a new economic assessment of the project; new resource calculation will therefore be included in the pre- feasibility study, currently being conducted by Met-Chem Inc. &expected to be available in August - Jun 22, 2011
www.marketwire.com/press-release/lac-a-paul-project-manouane…

[Popeye82]

Nevado Resources - to Re-Assay All Drill Core Samples From its Winter ´11 Drilling Campaign After Quality Control Tests Revealed Significantly Higher Vanadium Grades in Drill Core; Tests prompt Corporation to re-assay all 32 drill cores(FT-10-01 to FT-10-32) for Vanadium in Farrell-Taylor massive oxides; Quality control tests find average 0.37% V2O5 in 27.6 metre interval of massive oxides from hole FT-10-09, almost four times initial assay of 0.10% for the same interval; CEO: "The possible upgrade in Vanadium could potentially have a major impact based on a price of US$30,000 per tonne (www.InfoMine.com), equivalent to US$13.65 per pound or US$30 per kilogram of Vanadium Pentoxide at La Blache as NEVADO aims to have a National Instrument 43-101 compliant mineral resources later this year on the Farrell-Taylor Occurrence. NEVADO will ensure that all future Vanadium assay grades are an accurate representation of the metal content in the oxide mineralization at La Blache. At this point, NEVADO is satisfied that the current Iron and Titanium assay grades do reflect the metal content of the oxide mineralization based on the historical assay grades in the La Blache sector" - Jun 22, 2011
www.marketwire.com/press-release/nevado-re-assay-all-drill-c…

[Popeye82]

Hathor Exploration - Economic Assessment is Underway, @Roughrider; Completion is expected in ~four months; Environmental baseline work being conducted in parallel with PA. Fieldwork began in late May, &will be ongoing throughout ´11 - Jun 22, 2011
www.marketwire.com/press-release/hathor-exploration-limited-…

[Popeye82]

Brazil eyes new tax on big mining projects - paper - MW/Reuters, SAO PAULO - Jun 21, 2011
www.miningweekly.com/print-version/brazil-eyes-new-tax-on-bi…

"Brazil could create a new tax on large mining projects as part of the government's overhaul of the mining code, a local paper reported on Tuesday, a move that would be costly for mining giant Vale.


The mining and finance ministries are considering imposing a so-called "special participation" tax on large mining projects similar to one that already exists in the oil sector for high productivity fields, the Folha de S. Paulo newspaper reported, without naming sources.

The proposal would levy the tax on 25 percent of the existing mining concessions, the paper said, including the main projects of Brazil's Vale, the world's largest iron ore miner.

The proposal would make up part of a broader overhaul of regulations covering Brazil's mining sector, which would also include a potential increase in royalties that companies must pay to the government.

The special participation tax would be applied to gross revenues from production, and deducted from investments in exploration and operational costs, Folha reported.

It would come on top of royalties that mining companies already pay that currently stand at roughly 2 percent of net revenue. Analysts in recent months have said they expect the government to raise royalty rates.

The mining industry opposes tax increases, particularly the royalty increase, saying that it would reduce the Brazil's competitiveness because mining companies already have a high overall tax burden.

The government expects to send a draft bill to Congress in the second half of 2011, after more than a year of discussions with the industry.

Separately, Brazil's mining industry group Ibram said iron ore production will double by 2015 to 787 million tonnes a year from the current 370 million tonnes, and that Vale's dominance in the local market will diminish with new mining investments by other companies. "

[Popeye82]

Uranium One hints @Mkuju River output above 5Mlb/y; Uranium One is reluctant to discuss details of its development plans for the Mkuju River project in Tanzania until an updated feasibility study is published early next year, but CEO Chris Sattler indicated on Tuesday that production levels will likely be somewhere between five-million &seven-million pounds/year. Russian State uranium miner Atomredmetzoloto(ARMZ), which owns 51% of Uranium One, bought Mantra Resources &its Mkuju River project this year - MW, TORONTO - Jun 22, 2011

- L. Hill -
www.miningweekly.com/article/uranium-one-hints-at-mkuju-rive…

[Popeye82]

Freeport studies projects with potential to add 1bn lb/y copper by ´16 - MW, TORONTO - Jun 22, 2011

- L. Hill -
www.miningweekly.com/article/freeport-studies-projects-with-…

"Freeport-McMoRan Copper & Gold, the biggest publicly traded copper producer, is evaluating three expansion projects that could increase copper production by around one-billion pounds a year by 2016, CFO Kathleen Quirk said on Wednesday.


Together, expansions at Cerro Verde in Peru, Morenci in Arizona and Tenke Fungurume in the Democratic Republic of Congo are expected to cost around $5.2-billion, she said at an RBC Catpial Markets conference in Toronto.

Freeport has forecast copper sales of 3.9-billion pounds this year, increasing to 4.2-billion pounds in 2013. None of the three projects are included in the estimates, Quirk said.

At Cerro Verde, the company is almost finished with a feasibility study to triple the capacity of the mill to 360 000 t/d, and will file the environmental-impact statement in the second half of the year.

The expansion could add another 600-million pounds a year of copper production at Cerro Verde.

At Morenci, Freeport's biggest mine, the firm is studying a mill expansion to 115 000 t/d, which would increase copper production to between 150-million and 200-million pounds a year by 2014.

And at the Tenke Fungurume operation, the company is planning a second phase of investment to increase oxide production by adding mill capacity.

The expansion at Tenke can be completed “relatively quickly”, and is targeted for 2013, Quirk said.

Freeport cut back sharply on production - especially at higher-cost mines in the US - when demand and prices fell in late 2008, and CEO Richard Adkerson was reluctant to bring production back on line last year until he was certain that demand growth was sustainable.

But the Phoenix, Arizona-based company is now pushing hard to ramp up production, and also has a long list of projects being implemented, planned or considered.

The copper mining industry has struggled to discover and develop big new projects, despite strong prices, Quirk commented.

She said that Freeport, like others in the sector, has seen cost inflation pressures, mainly because of more expensive energy and a weaker US dollar.

“But we are not seeing the type of cost inflation that we were hit with in the 2007/8 period,” she added.


MONITORING PERU SITUATION

Freeport is keeping a close eye on politics in Peru after Ollanta Humala, a military officer who had talked about making sure Peruvians benefit more from the country's mineral wealth, was elected President.

But Quirk said the company is not making any changes to its investment plans in the country or at Cerro Verde.

“We have a long term positive view of the country and this particular asset,” she said in response to a question.

“We think Peru will want to maintain its competitiveness with the rest of the world.”

Mining companies need to be able to manage political risk, given the long-term nature of the business, she said.

“It's one of the things that we spend a lot of time and effort focused on.”


CLIMAX PRODUCTION

Freeport has restarted construction work on its Climax molybdenum project in Colorado, after halting the $700-million project in November 2008, but has yet to make a decision on when production will begin.

“We don't want to start the production at Climax until we have clarity for when it's needed in the market,” Quirk said on Wednesday.

For now, the company can just continue building the project, she said. “We don't have to make a decision today.”

Freeport is one of the biggest producers of molybdenum, which is used to strengthen steel in steel pipes and drills and other extreme high- or low-temperature applications, and to prevent corrosion.

Prices for the metal fell from levels around $32/lb in the third quarter of 2008, down to as low as $8/lb in April 2009.

The price has since recovered to around $16/lb. "

[Popeye82]

Quadra FNX Victoria deposit looks 'attractive' – Vale's Pollesel - MW, TORONTO - Jun 22, 2011

- L. Hill -
www.miningweekly.com/article/quadra-fnx-victoria-deposit-loo…

"Quadra FNX Mining's Victoria project in Sudbury looks “very attractive” but it is too early to comment on whether Vale could exercise a back-in right on the deposit, Vale Canada COO John Pollesel said on Wednesday.


Quadra FNX, which was formed last year when Quadra Mining and FNX Mining merged, announced an initial resource for the Victoria deposit in April, barely more than a year since the discovery was first announced.

The company said the deposit may be the most important discovery in the Sudbury basin in four decades , and is targeting production from the project by 2017.

Brazilian-owned Vale, which bought Canada's Inco in 2006, will have a back-in right on 51% of the Victoria property if certain conditions are met.

“All I can really say is from what I've seen it looks like a very attractive deposit,” Pollesel said in response to a question at an RBC Capital Markets conference in Toronto.

“However we have not had any significant conversations with FNX on that. So it would be premature to say anything.”

The Victoria project has an inferred resource of 12,5-million tons, grading 2,3% copper, 2,2% nickel, and 8,5 g/t total precious metals , for an estimated 3,4-billion pounds of contained copper equivalent.

FNX Mining originally bought five Sudbury properties when it was formed in 2002 from what was then Inco.

The company has a long-term processing agreement with Vale on all ore production from its Sudbury operations. "

[Popeye82]

Paladin approached on investments as utilities fret over future supply; Uranium producer Paladin Energy has had more approaches from nuclear companies about potential investments since the nuclear disaster in Japan earlier this year, executive general manager for marketing Dustin Garrow said on Tuesday. The spot price for uranium fell after the earthquake &tsunami in Japan damaged nuclear plants there, &lower prices could have a dampening effect on new mine supply of uranium - MW, TORONTO - Jun 22, 2011

- L. Hill -
www.miningweekly.com/article/paladin-approached-on-investmen…

[Popeye82]

GeoMegA Resources - Unveils New Drilling Results: 544.6 Meters @1.41% TREO; Montviel, one of the World's Most Significant Deposits of Neodymium ; also pleased to announce the addition of Jacquelin Gauthier as Vice-President, Exploration., Over the years, he has served as Exploration Manager for major corporations such as Kinross Gold Corp, Bema Gold Corp, Cambior Inc. +Noranda Exploration Inc., +as President of Azimut Exploration Inc; President: "These latest results confirm that it is one of the world's most significantknown deposits of neodymium that can be developed quickly given the excellent local infrastructure such as road access, nearby hydroelectric services +rail ... This is a major discovery for Quebec's economy. GeoMegA is a Quebec company that sees the value of exploiting +processing this resource here in Quebec. The Montviel project is clearly a potential creator of wealth for an entire region +its future generations " - Jun 22, 2011
www.ressourcesgeomega.com/mediatask/dump/GeoMegA_drills_544.…

[Popeye82]

Americas Petrogas - Subsidiary Signs Offtake Agreement With IFFCO; agreement involves GrowMax Agri Corp. &its subsidiary, Americas Potash Peru S.A., selling to the IFFCO Group up to 50% of the future potash production from Bayovar Project; key terms &conditions of potash offtake agreement include: (a) selling up to 50% of future potash production from Bayovar project to IFFCO Group; (b) a contract term of 15 years from the commencement date of commercial production from the Bayovar Project; &(c) potash price to be paid to Americas will be based on prevailing potash market price(India delivery) subject to a discount towards offtake obligations; IFFCO Group owns approximately 15% of the common shares of Americas &is the world's largest manufacturer &marketer of fertilizer in the cooperative sector &is India's largest fertilizer enterprise , with >50 million farmers associated with it - Jun 23, 2011
www.marketwire.com/press-release/americas-petrogas-subsidiar…

[Popeye82]

Beacon Hill Resources plc - Update on Arthur River Magnesite Project, in Tasmania; EC: "The completion of Phase 1 of the drilling programme @the Arthur River Project represents another milestone in the development of the Project, &should provide the Group with a clearer understanding of the deposit in terms of size, metallurgy &hydrology. The resource holes drilled further confirm &expand on historic drilling results &should demonstrate the significant size &quality of the resource. The water bores will enable further hydrological studies, which are important to the final design of the mine, to be undertaken &work is commencing on this shortly ... Overall, the Scoping Study is progressing well &on timetable, &will provide the basis for advancing the project towards the feasibility stage in ´12" - Jun 17, 2011

HL:

--> 1st phase of the drilling programme completed with the drilling of eight HQ resource
holes &four ground water monitoring bores

--> Hydrology studies have commenced, using the water monitoring bores

--> Metallurgical test work to assist in defining product capability &the calcining
technology required to produce targeted products is progressing - analysis is based on
results from the core recovered from the resource holes in addition to core from previous
drilling

--> Analysis of transport logistics &transport infrastructure completed &other key
requirements of the Scoping Study advancing encouragingly - analysis of calcining plant
options is in progress &mine design inputs &energy requirements are expected to be
completed by the end of Q3 ´11

--> The Scoping Study is scheduled to be completed &provided to the Board before the
end of ´11 ...
www.bhrplc.com/news/news/2011/Update%20on%20Arthur%20River%2…

[Popeye82]

Cyclone Power Technologies - Expands Patent Protection on Its Waste Energy Recycling Engine; has filed to protect the WHE in >45 nations including the European Union, China &India, all areas where the company has received strong interest in commercializing its green engine technology - Jun 14, 2011
http://finance.yahoo.com/news/Cyclone-Power-Technologies-bw-…

[Popeye82]

Iron Ore Holdings - Resource Upgrade &Metallurgical Results @Iron Valley - Jun 23, 2011

HL:

+ JORC compliant Mineral Resource @the Iron Valley Project increased from 240Mt* to 259Mt(an 8% increase).

+ The total Indicated Resource is now 216.3Mt(83% of total Resource) &the Inferred Resource is 42.8Mt, with an average grade over the deposit of 58.3% Fe @ a50% Fe cut-off grade.

+ Metallurgical test work completed for the bedded Brockman mineralisation @Iron Valley indicates potential to deliver approximately 37% of production as lump ore, &for potential product upgrade by wet processing.

+ This Mineral Resource increase &positive metallurgical test results will further support the mining pre-feasibility study activities currently underway.

+ The total IOH Mineral Resource in the Central &Western Pilbara is now 709.1Mt. ...
www.stocknessmonster.com/news-item?S=IOH&E=ASX&N=546483

[Popeye82]

China warns US on debt-default plan - CER/Reuters - Jun 9, 2011
http://newcer.chinaeconomicreview.com/en/content/china-warns…

"An adviser to China's central bank warned US Republican lawmakers yesterday that they are "playing with fire" by discussing even a brief technical default on US debt to force domestic spending cuts, Reuters reported.

A technical default would mean the US government would delay paying interest to holders of US Treasury bonds for a few days. The US Treasury has been borrowing to meet its obligations but says it will run out of borrowing room by August 2. Li Daokui said such a default could undermine confidence in the US dollar. "I think there is a risk that the US debt default may happen," he said. "The result will be very serious." China is the largest holder of US debt, holding more than US$1 trillion worth of Treasury bonds at the end of March. The markets do not appear to be expecting a default. US Treasury bond prices held firm in Europe on Wednesday, supported in part by concerns about the effect of the ongoing Greek debt crisis's effect on the euro. One analyst said that markets could become more nervous if some accord on US spending is not reached in the next five to six weeks. "

[Popeye82]

BP: China now world's largest consumer of energy - CER/BP/FT - Jun 9, 2011
http://newcer.chinaeconomicreview.com/en/content/bp-china-no…

"A report by BP (BP.NYSE) claims that China overtook the US as the world's largest consumer of energy in 2010, the Financial Times reported.

The BP statistical review of world energy shows that China accounted for 20.3% of total energy consumption, compared to the US, which consumed 19%. Global consumption of energy grew 5.6% last year; both mature and developing economies posting higher-than-average growth as the economic recovery took hold. Carbon dioxide emissions grew at their fastest rate since 1969. Energy consumption also outgrew economic growth, implying that economic activity has grown more energy-intensive for the second year in a row. Oil remains the world's leading fuel, at 33.6% of total consumption, but lost market share for the 11th consecutive year. China contributed the largest national increment of oil consumption, posting a 10.4% increase in oil consumption. Natural gas and coal saw strong consumption growth, taking market share from oil. Renewable forms of energy contributed 1.8% of global energy supply; China is now the world's largest wind-power generator, accounting for 48% of the world's new wind power capacity. "

[Popeye82]

Chinese nickel pig iron output to rise 50% - CER/BB - Jun 9, 2011
http://newcer.chinaeconomicreview.com/en/content/chinese-nic…

"Nickel pig iron output in China may increase 50% this year, possibly cutting into demand for refined nickel and putting further downward pressure on refined nickel prices, Bloomberg reported.

According to a nickel analyst at Beijing Antaike Information Development, domestic production of the cheaper nickel pig iron may reach 240,000 metric tons in 2011, compared with 160,000 tons in 2010. April output in China was 25,000 tons, up from an average of 20,000 tons per month produced between January and March. About two-thirds of refined nickel is used for producing stainless steel, but low prices for stainless steel have squeezed margins at steel-makers. Baoshan Iron & Steel, China's second-largest stainless-steel maker, said it will increasingly use nickel pig iron as a substitute for refined nickel. Refined-nickel futures on the London Metal Exchange have declined 8% so far this year. "

[Popeye82]

Royal Caribbean to bring giant cruise ship to China - CER/MW - Jun 9, 2011
http://newcer.chinaeconomicreview.com/en/content/royal-carib…

"Cruise ship operator Royal Caribbean Cruises (RCL.NYSE) will bring one of the world's largest cruise ships to China for the summer of 2012 in search of Chinese passengers, MarketWatch reported.

The company plans to move the US$740 million Voyager of the Seas ship, which weighs 138,000 tons and carries 3,114 passengers, to Shanghai for a series of four- to ten-night sailings next summer. The ship features a shopping mall, an ice-skating rink and a rock-climbing wall. "With China becoming the world's second-largest economy, nobody doubts the great potential of the Chinese cruising market," said Zinan Liu, Royal Caribbean's managing director of China and Asia. "We weren't the earliest to enter the Chinese market, but we believe we are entering the market at the best time." Royal Caribbean already has a smaller vessel, the Legend of the Seas, operating out of Shanghai, where it has docked for four seasons. China business generates only 3-4% of Royal Caribbean's revenues at present, but overall market growth has been rapid. Zheng Weihang of the China Cruise & Yacht Industry Association said that 790,000 Chinese passengers traveled on cruise ships in 2010, up from 50,000 in 2005. He added that China now has 16 ports capable of handling cruise ships. "

[Popeye82]

New Millennium Capital - Announces Signing of an Impact &Benefit Agreement With the Nation Innu Matimekush-Lac John for Its DSO Project, Start of Mobilization to Commence Construction During This Summer; CEO: "The progress of the DSO Project toward planned production has been excellent. The establishment of the camp, which will 1st house the construction crew, is the foundation on which further progress will be made. It is an important milestone towards achieving our objective to bring the mine into production by the second half of ´12 &we are working closely with TSMC &AECOM to reach this goal" - Jun 8, 2011
www.marketwire.com/press-release/nml-announces-signing-impac…

[Popeye82]

Ethiopian Potash - Drilling Now Underway Targeting Open-Pit Resources, @Ethiopian Potash Corp.'s Danakil Development Project - Jun 8, 2011
http://finance.yahoo.com/news/Drilling-Now-Underway-ccn-1113…

[Popeye82]

Northern Gold - Increases Garrcon Deposit Indicated Resource Five-Fold to 720,000 ozs +Releases Preliminary Economic Assessment; Garrcon Updated: Indicated 720,000 oz, Inferred 430,000 oz; PEA: NPV $265.9 Million, @5% DCV; Cash Flow $393.6 Million(8 Year Mine Life); Cost/oz $495; IRR 47%; CEO: "Northern Gold continues to deliver on its plan to develop its Garrison property into a producing gold mine. This NI 43-101 resource update on the Garrcon deposit increases the indicated resource by fivefold to 720,000 ozs Au from the initial Garrcon Technical Report that was posted on SEDAR November 5, ´10. The inferred resource @the Garrcon decreased slightly from 530,000 oz to 430,000 ozs, as the quality of the resource estimate was improved(moving those resources from inferred to indicated) based upon our ongoing in-fill drilling program. This brings the total NI 43-101 resource for the Garrison Property(includes both the Garrcon(updated here) +Jonpol(see October ´09 Technical Report filed on SEDAR October 21, ´09)) to 783,200 ounces of gold indicated +676,500 ounces of gold inferred ... Northern Gold has already begun implementation of Howe's recommendations as presented below. We are very excited with the opportunities that the Garrison property, as well as our recent adjacent property acquisitions, present to us" - Jun 23, 2011
www.marketwire.com/press-release/northern-gold-increases-gar…

[Popeye82]

Columbus Gold - Accelerates Earn-In Terms for 1.9 Million oz. Paul Isnard Gold Project - Jun 8, 2011
www.marketwire.com/press-release/columbus-gold-accelerates-e…

[Popeye82]

Selwyn Resources - Don Deposit -Significant Potential @Depth Confirmed - Jun 7, 2011
http://finance.yahoo.com/news/Selwyn-Resources-Ltd-Don-ccn-2…

[Popeye82]

Advanced Explorations - Completes PhaseI Geotechnical Drilling for Port Development Study on Roche Bay Iron Project; program is an instrumental part of the ongoing feasibility study @Roche Bay &involved the drilling of two potential port area alternatives in the Roche Bay, which is a natural deep water harbour within a few kilometres of the project's ore body; PhaseII geotechnical study is expected to commence in July ´11 &will be land focused with drilling for mine infrastructure components - Jun 7, 2011
www.marketwire.com/press-release/advanced-explorations-inc-c…

[Popeye82]

Quickstep Holdings - Sikorsky Contract Win Fulfills Key Precondition for QHL MoU - Jun 23, 2011
www.stocknessmonster.com/news-item?S=QHL&E=ASX&N=546374

[Popeye82]

Blackham Resources - proves Billion tonne coalfield, @Scaddan Project: Scaddan &Zanthus combined resources now contains >10,000 petajoules(PJ) of energy &has the potential to produce approximately 860 million barrels of oil equivalent , consisting mainly of a clean diesel product; data from drill programme completed in
December ´10 has now been included in the reported resource estimates, Exploration drilling, to define the Scaddan lignite deposit is based upon the historical drill
holes &recent drilling programmes over the last 3years. includes a total of 1,547 boreholes, 311 of which cored, &1,236 drilled as open holes; Scaddan West coal seam now extends >35 kilometres in length, still open to the north &is up to five kilometres wide in places. The main control on the thickness of lignite is the basement topography, with thick zones in areas of topographic lows, &thin or absent zones around topographic highs. Thickness in the Scaddan West area varies from up to 19m, thinning rapidly @the edges of the body &around topographic highs. The main seam LGA averages 7.5 metres in thickness &contains 87% of the total coal resource, estimate of inventory coal @Scaddan was also revised by Runge based upon the drill hole data to total an additional 200 to 320 million tonnes. Drilling of several quality holes of a spacing of no more than 2,000m should readily convert most of the inventory area to an Inferred Resource as there is reasonable confidence in the structural continuity of the lignite from previous drill holes; There is also additional production potential from the existing inventory coal which is currently estimated @0.66 to 1.08 billion tonnes of lignite @the Scaddan &Zanthus projects; Blackham is evaluating the development of the Scaddan &Zanthus Energy Projects into Australia’s premier coal to liquid(CTL) facility. The combined Scaddan &Zanthus Energy Projects near Esperance, Western Australia have 1.4 billion tonnes of coal containing 10,600 PJ of energy @shallow depth. The Scaddan Energy Project is surrounded by complimentary infrastructure approximately 60 kilometres north of the town &major port of Esperance &10 kilometres east of the Esperance to Kalgoorlie highway, gas pipeline &railway line ; Blackham recently completed PhaseI of its Preliminary Process Study(PPS). The 2nd phase of the PPS is now underway &is designed to prepare an overall mass &energy balances, yields and materials usages for each of the gasifier technologies to be assessed for use in the CTL facility; MD: "The increase in the scale of the coal resource @Scaddan is a significant milestone for the Company as the resource is now sufficient to maintain a 60,000 barrel per day CTL facility giving it very significant capacity on a world scale " - Jun 21, 2011

HL:

+ Scaddan coal resource >1 billion tonnes

+ Confidence in the resource has increased significantly with 570 million tonnes(55%) of the Scaddan resource in the Measured &Indicated categories.

+ Scaddan West deposit remains open to the north.

+ Infill &exploration drilling of Scaddan East inventory coal planned

+ Resource to be used in further mining %processing studies.

+ The current combined resources equate to approximately 40 years worth of potential feedstock based upon a 60,000 barrel per day CTL facility ...
www.stocknessmonster.com/news-item?S=BLK&E=ASX&N=546117

[Popeye82]

Volta Resources - Confirms Continuity &Extends Mineralization to the Northeast, @its Kiaka Gold Project in Burkina Faso; intersects up to 183.00m @1.03g/t, 196.00m @0.92g/t, 246.18m @0.87g/t &126.00m @1.57g/t Au; To date, most planned holes of Volta's on-going program have been drilled &the last remaining assays are being received. Volta is on track to finalize an updated National Instrument 43-101("NI43-101") compliant resource before the end of June ´11; CEO: "We continue to demonstrate that Kiaka is deeper, wider &better than originally defined last year. After the imminent release of our updated resource we will focus on a pre-feasibility study that will be designed to optimize mine planning to maximize the value @Kiaka" - Jun 23, 2011
www.istockanalyst.com/business/news/5250363/volta-confirms-c…
http://files.newswire.ca/407/Volta_Figure_1.doc

[Popeye82]

Andover Ventures - Mobilizes Drill +Crew to Sun Property Alaska for ´11 Program; located on approximately 17,980 acres of land in the eastern Ambler Mining District in Northwest Alaska. The Ambler District, as recognized by Metals Economics Group, is one of the world's largest undeveloped copper-zinc districts. The SUN deposit is generally accepted to be the 2nd largest known deposit within the district ; focus of the ´11 program will be to further extend the Main Sun deposit to the northeast towards Picnic Creek +also to the southeast +to test the S.W. SUN area; CEO: "We look forward to continuing to explore one of the most exciting base metal districts in North America. Although we have a lot of work to do on the SUN Deposit as we continue to advance the project, the high grade nature of the deposit, the low geopolitical risk of the District, the support of the State of Alaska +local Alaska Native Corporation(NANA) +the fact that NovaGold Resources Inc. +Teck Resources Inc. are the other stakeholders in the District, gives us confidence that we can create significant value for our shareholders from the SUN Deposit" - Jun 6, 2011
www.marketwire.com/press-release/andover-mobilizes-drill-and…

[Popeye82]

China to introduce social security tax on foreigners - CER/WSJ - Jun 1, 2011
http://newcer.chinaeconomicreview.com/en/content/china-intro…

"China is considering collecting a new tax on foreign workers and their employers, as it extends its social security program to cover the 600,000 foreigners who work in the country, the Wall Street Journal reported.

The amounts due will vary according to location, but foreigners working as executives in major cities are expected to face new monthly bills of about US$100 for access to retirement benefits and subsidized fees at public hospitals. Meanwhile, employers would pay three times that amount per employee. The new tax was referred to in a low-profile provision in China's Social Insurance Law, which was published last October and highlighted in state media Tuesday. It is set to take effect July 1. It is unclear how tax collection will be enforced and whether it is voluntary or mandatory. "

[Popeye82]

Beijing to cover billions of dollars of local government debt - CER/Reuters - Jun 1, 2011
http://newcer.chinaeconomicreview.com/en/content/beijing-cov…

"China's central government plans to clean up US$308-468 billion of local government debt , in an effort to prevent a wave of defaults that could threaten the country's stability , Reuters reported, citing unnamed sources.

Beijing will pay off some of the loans of heavily-indebted local governments, while state banks will be forced to take some losses on the bad debt. A percentage of the loans will also be shifted to newly established companies and private investors will be invited in on projects that were previously off-limits. A ban on local governments selling bonds will also be lifted. China's bank regulator, the Finance Ministry and the National Development and Reform Commission plan to start cleaning up the debt in June and finish in September. "

[Popeye82]

China's millionaires' club gets richer - CER/BB/BCG - Jun 1, 2011
http://newcer.chinaeconomicreview.com/en/content/chinas-mill…

"China now has more than one million millionaires, as savings and a strengthening renminbi helped increase the number of millionaire households by 31% in 2010 from a year earlier, Bloomberg reported, citing a Boston Consulting Group survey.

The number of millionaire households in China hit 1.11 million - ranking it third behind the 5.22 million in the US and Japan's 1.53 million, according to BCG. However, with wealth in privately-held businesses and property not included, Tjun Tang, a partner at BCG in Hong Kong and one of the report's co-authors, said that the survey "grossly underestimates true overall wealth" on the mainland. "

[Popeye82]

China widens telecom industry probe - CER - Jun 1, 2011
http://newcer.chinaeconomicreview.com/en/content/china-widen…

"More than 60 individuals, including government officials and telecommunications employees, have been implicated following a corruption investigation involving a senior executive at China Mobile (CHL.NYSE, 0941.HK), state media reported.

Ma Li, deputy manager of China Mobile's data service division, was arrested by authorities in March on corruption allegations involving US$17 million. Sources say that Ye Bing, the CEO of ASPire Holdings, a corporation owned by China Mobile, has been under investigation since mid-May and may be linked to Ma's case. Earlier this month, the Communist Party's Central Commission for Discipline Inspection launched an investigation into China's top three telecom companies - China Mobile, China Unicom (CHU.NYSE, 600050.NYSE, 0762.HK) and China Telecom (CHA.NYSE, 0728.HK). "

[Popeye82]

Ecuador eager for South African mining investment - MW - Jun 20, 2011

- Keith Campbell -
www.miningweekly.com/article/ecuador-eager-for-south-african…

"The South American country of Ecuador would like South African investment in its mining sector. Known as an oil producer, the country wants to develop its other non renewable natural resources as well.


“Ecuador is a small country with multiple natural resources,” pointed out the country’s Vice Minister of Mining, Federico Auquilla, in Johannesburg on Monday. “We’ve explored less than 5% of our territory.”

He stated that his country envied the scale of the contribution of mining to South Africa’s gross domestic product, and pointed out that mining is one of the bases from which Ecuador could develop, economically, socially and environmentally. “Mining, if done well, will contribute to the sustainability of the country.”

“Ecuador would like to develop large scale mining, as in South Africa,” he highlighted. “Ecuador is a land of opportunity for mining. We have great expectations that South African mining companies will be able to establish themselves in Ecuador. We will welcome you with open arms.”

In 2008 Ecuador adopted a new constitution, following several years of political and economic instability. This, in turn, led to the passing of a new mining law in late 2009.

These events resulted in the cancellation of some 3 000 mining concessions, while about 1 500 others were confirmed. A total of 1 764 concessions are now held in the country.

In Ecuador, all non renewable natural resources belong to the State. Resources, once identified, are auctioned in a public process. (Preliminary prospecting and exploration, not involving any drilling, does not require any authorisation or licensing.)

The concessions on offer are advertised in the national and international media and all foreign embassies in Ecuador are informed. The opening of the next round of bidding, for concessions in 28 areas of the country, will be announced in the next few weeks.

Companies can also enter the Ecuadorean mining sector by establishing partnerships or joint ventures with, or by buying out, companies that have been awarded mining concessions. Under the new mining code, foreign investment is allowed in the small mining sector – previously, this was not allowed.

Within six months of the declaration of the start of the exploitation phase of the project, the mining company must sign a mining contract with the State, which includes such things as the miner’s environmental management obligations. The term of this contract is the same as the term of the mining concession.

In terms of the law, 80% of the workforce on a mine must be Ecuadorean nationals, by implication allowing the importation of key skills. “We are very rich in [natural] resources, but we do not have the [human] resources to develop them,” said Auquilla. “That’s why we’re here [in South Africa].”

The tax burden on miners is a 22% income tax, a 12% profit tax that goes to the communities in the mining area, 12% value added tax, royalties not below 5% and, should commodity prices jump above a base price, a extraordinary income tax.

Even so, a total of five major mining projects – three gold, two copper – are due to be commissioned over the next couple of years, by companies such as Iamgold, Kinross Aurelian and International Minerals. "

[Popeye82]

Microbix Biosystems - Receives Notice of Allowed Patent Claims in Patent Application for LumiSort™ Livestock Semen Sexing Technology; LumiSort eliminates the speed &quality barriers that have limited the production &use of sex-sorted sperm, &promises to bring fundamental change to reproductive biology for the livestock industries , with large-market impact in the dairy &beef sectors worldwide ; Microbix continues to execute its worldwide intellectual property strategy for LumiSort, including pursuing related patent applications that are pending in jurisdictions worldwide. Additionally, Microbix has announced recent patent application filings that build upon &extend Microbix' intellectual property ambitions in this area, incorporating further developments from Microbix' research &development efforts; Engineering studies have supported Microbix' prediction that LumiSort technology will enable the analysis &separation of sperm cells up to 10 times faster, &with higher yield, than current market technology. LumiSort advances the state of the art in cytometry(the science of single-cell sorting) by replacing performance-limiting elements in the conventional cell sorter design. Further, the technology will be gentler to cells, leading to significant improvements in fertility, which is an important predictor of market adoption of sexed semen. The improved yield &fertility will also permit LumiSort to complement &accelerate genomics programs &embryo-based reproductive strategies by permitting the precise determination of sex in accordance with the requirements of an optimized breeding program; Now within 18 months of launch, the company is accelerating its program to sign license agreements with additional distributors of products for livestock reproduction; In ´10, Microbix announced a partnership with one of the largest suppliers of livestock reproduction products in the world , which has invested in the program through a milestone-based, $2 million investment, &will rapidly deploy LumiSort into their markets. This year, Microbix announced the engagement of Lathrop Engineering Inc., a leading Silicon Valley technology development company, toward the engineering &delivery of the LumiSort instrument; CEO: "Securing allowance for all claims of the U.S. LumiSort application is a critical step that significantly enhances the value of the LumiSort intellectual property. This milestone comes @an important juncture for LumiSort as a game-changing development in sperm cell selection as we move aggressively toward commercialization by ´12" - Jun 23, 2011
http://finance.yahoo.com/news/Microbix-Biosystems-Receives-c…

[Popeye82]

Baobab Resources Plc - Exploration Update; MD: "Baobab is gearing up for a highly productive 2nd half to ´11. With 10 rigs in operation, the company will be amongst the busiest explorers in the region. As results come to hand we should expect a strong flow of news, including resource statements, through Q3 +Q4 leading to the commencement of a Pre‐Feasibility Study @Tete, in Q4" - Jun 13, 2011

HL:

+ The South Zone iron/vanadium/titanium prospect resource drilling programme has been
completed with consultants, Coffey Mining Pty Ltd, currently working on a resource estimate.

+ The drilling fleet has been expanded to four reverse circulation(RC) rigs +two diamond rigs with an additional RC rig +three further diamond rigs in transit to Mozambique. Most rigs are being deployed @the Company’s Tete &Muande projects:

- @Tete, two RC rigs have commenced drilling the extensions to the Chitongue Grande resource +two RC rigs +a diamond rig have commenced drilling the Tenge‐Ruoni prospect.
- Diamond drilling has commenced @the Monte Muande magnetite/phosphate deposit. A sampling programme has also been established to assess the direct shipping ore(DSO) potential of the eluvial material.
- Drilling is also due to commence @Mundonguara, testing both copper, nickel +gold targets. ...
www.baobabresources.com/Announcements/20110613/BAO_AIMReleas…

[Popeye82]

Flood destruction to fuel inflationary pressures - CER/WSJ - Jun 21, 2011
http://newcer.chinaeconomicreview.com/en/content/flood-destr…

"Flooding across eastern, southern and southwestern China has killed at least 175 people and done extensive damage to crops, adding upward pressure to food prices even as the government struggles to rein in inflation, the Wall Street Journal reported.

In the worst-hit areas, particularly in the eastern province of Zhejiang, flooding has decreased crop yields by about 20% from a year earlier, pushing grain and vegetable prices higher. More than 432,000 hectares of crops have been destroyed in flood-affected provinces around the country. Vegetable prices are likely to continue to increase or remain high for about two weeks, said Jin Changlin, a Zhejiang agricultural official. In addition to the 175 known deaths, 86 people are missing and around 1.6 million people have been driven from their homes by the flooding, which had caused more than US$5 billion in damage as of Monday, according to an announcement by the Ministry of Civil Affairs. Heavy rains began earlier this month and are expected to continue in a number of flood-battered provinces. In May, food prices rose 11.7% compared with one year earlier, more than twice the 5.5% increase in the overall consumer price index. "

[Popeye82]

Royal Dutch Shell, CNPC announce gas venture - CER - Jun 21, 2011
http://newcer.chinaeconomicreview.com/en/content/royal-dutch…

"Royal Dutch Shell (RDSA.LON) and China National Petroleum Corporation plan to set up a 50-50 venture to drill onshore gas wells in China, part of a global alliance between the largest European and Asian oil companies, state media reported, quoting an announcement by Royal Dutch Shell.

The partnership will use technologies like automated direction drilling and optimization, some of which were "pioneered by Shell in its North America tight gas operations," the announcement said. Tight gas is a form of harder-to-extract unconventional gas, a category that also includes shale gas and coal-bed methane. The US Energy Information Agency estimated in April that China’s shale gas deposits may hold 12 times more fuel than its conventional fields. In 2009, the US became the world's largest gas producer ahead of Russia because of the output from its shale fields. China wants to triple its use of natural gas to about 10 percent of energy consumption by 2020 as it cuts reliance on coal. "Full scale commercialization of tight gas, shale gas and coal bed methane can require the drilling of hundreds of wells each year, over many years," Shell said. "

[Popeye82]

New hydroelectric plants to produce double Three Gorges Dam capacity - CER - Jun 21, 2011
http://newcer.chinaeconomicreview.com/en/content/new-hydroel…

"The China Three Gorges Corporation is building four hydroelectric power stations in southwestern China that together will produce twice as much power as the Three Gorges Dam, currently the world’s largest-capacity hydroelectric power plant , state media reported.

The four stations will together generation about 190 billion kilowatts of electricity a year after they come online, according to a report released by China Three Gorges Corporation. The company received approval in 2002 to build the stations, all of which are located on the Jinsha River, one of the major headwaters feeding the Yangtze that also forms the boundary between Yunnan and Sichuan provinces. Construction began earliest on the largest station, the Xiluodu station, in 2005. That station will have installed capacity of 13.86 million kilowatts when it is completed in 2013, making it China’s second-largest. Construction on the Xiangjiaba station began in 2006, and it will be put into operation in 2012. The other two facilities are still in the design stage, the report said. "

[Popeye82]

Allana Potash - Announces New NI 43-101 Compliant Measured &Indicated Mineral Resources of 673 Million Tonnes &an Increase in Inferred Mineral Resources to 596 Million Tonnes; CEO: "We are very pleased with the dramatic increase in the potash resources @the Company's Dallol Project in Ethiopia which greatly exceeds management's initial expectations. The resource has grown from just over 100 Million tonnes of inferred mineral resources to 673 million tonnes of measured &indicated mineral resources &over 596 million tonnes of inferred mineral resources with good potential to expand on this resource. As stated by ERCOSPLAN, this resource estimate is based on only 40% of Allana's licensed land area in the evaporite basin &we will continue to drill throughout the year to expand the potash resource. In particular, Allana is very encouraged by the significant Measured &Indicated resources which total approximately 673 Million tonnes of mineralized material containing about 126 Million tonnes of KCl. This substantial resource will enable Allana not only to proceed with a Feasibility Study this summer, but also realistically consider a larger production facility after the initial production line. With substantial kainitite resource, Allana will have potential for significant premium product(SOP) production too. The relative shallow depth of the resource in the western part of the license area will also enable us to seriously study the potential of open pit mining ... Allana also congratulates the government &people of Ethiopia on this major milestone which positions the country as a potential major potash producer with a significant impact on the Ethiopian economy. The management intends to continue advancing our potash project towards production &looks forward to working with our numerous stakeholders on the next phase of Allana's development &we would like to thank them for their contributions &support thus far" - Jun 20, 2011

HL:

+ New Measured &Indicated Mineral Resources of 673 Million Tonnes With Contained KCl of 126 Million Tonnes

+ Increase in Inferred Mineral Resources to 596 Million Tonnes With Contained KCl of 119 Million Tonnes

+ Resource Estimate Based on Only 40% of Allana's Licensed Land Area, Excellent Potential For Expansion

+ Large Kainitite Resource Points To Potential SOP Production

+ Resource Based on Four Potash Bearing Beds: Sylvinite, Upper &Lower Carnallitite and Kainitite ...
www.marketwire.com/press-release/allana-potash-announces-new…

[Popeye82]

Argex Mining - Announces Resource Estimate for the La Blache Property - May 18, 2011

+ With only 2 of the 3 known lenses used to define the historic estimate drilled, Argex reports a NI 43-101compliant resource estimate with over 70% in the measured &indicated categories.

+ NI 43-101 compliant resource estimate including: 30,888,000 tonnes measured &indicated &13,013,000 tonnes inferred resource estimate grading >44% iron(63.36% Fe2O3), >11% titanium(18.67% TiO2) &>0.24% vanadium(0.43% V2O5).

+ As reported by Ti Insights LLC, since ´10, when the average world price for high quality TiO2 pigment was approximately US$2,400 per metric tonne, until ´15, the TiO2 price is forecast to double to US$4,800 per metric tonne.

+ West Hervieux Measured +Indicated Resource of 18,440,000 tonnes with in situ grade of 44.32% Fe(63.36% Fe2O3), 11.36% Ti(18.95% TiO2) &0.26 % V(0.46% V2O5)

+ West Hervieux Inferred Resource of 4,173,000 tonnes with in situ grade of 44.14% Fe(63.11% Fe2O3), 11.40% Ti(19.02% TiO2) &0.27 % V(0.48% V2O5)

+ East Hervieux Measured +Indicated Resource of 12,448,000 tonnes with in situ grades of 44.19% Fe(63.18% Fe2O3), 11.12% Ti(18.55% TiO2) &0.24% V(0.43% V2O5)

+ East Hervieux Inferred Resource of 8,840,000 tonnes with in situ grade of 44.10% Fe(63.05% Fe2O3), 11.09% Ti(18.50% TiO2) &0.23% V(0.41% V2O5)

+ MetChem reports that the drill holes recently completed by Argex shows that the East Hervieux deposit is in large part open @depth.

+ Met-Chem's opinion is that Argex's La Blache property "has sufficient merit to warrant further exploration &development to fully develop its iron, titanium &vanadium potential."

+ The consistency of the ore body across the zones facilitates the hydrometallurgical process' successful application.

+ As previously reported, the PhaseI testwork produced high purity 99.8% titanium dioxide. Argex has signed an LOI for control of this technology. ...
http://finance.yahoo.com/news/ARGEX-ANNOUNCES-RESOURCE-cnw-3…


Argex Targets Successful Preliminary Economic Assessment of its La Blache Deposits as its Prime Objective; New Board of Directors &Officers reflect the shift in focus from exploration to production - Jun 20, 2011
http://finance.yahoo.com/news/ARGEX-TARGETS-SUCCESSFUL-cnw-5…

"MONTREAL, June 20, 2011 /CNW Telbec/ - Argex Mining Inc. (Argex) (TSX-V: RGX) (FSE: ASV) (Other OTC:ARGEF.PK) held its annual meeting of shareholders today in Montreal and elected a new board of directors and announced changes to the management team which demonstrate a strategic commitment towards production as the company transitions from a mining exploration company into a producer.


The board of directors of Argex now consists of Mark Billings, Roy Bonnell, Anthony Garson, Peter H. Smith and Robert Guilbault. Among the newly-elected directors is Robert Guilbault, the former President and Chief Executive Officer of Aluminerie Allouette Inc. (operator of the world's 5th largest aluminum smelter ) located at Sept-Iles on the North Shore of Quebec.

Management changes include the shifting of Michael Dehn's responsibilities to the development and commercialization of the company's technologies and third-party licensing, as well as industry and end-user relationships. Mr. Roy Bonnell has been appointed as the new President and CEO of Argex following the resignation of Mr. Dehn.

"Robert brings a wealth of operational experience at the most senior level," commented Roy Bonnell, President and CEO of Argex, "together with our recent addition of Enrico Di Cesare as Argex's COO, we are laying the foundation towards building a production-focused team."

Mr. Di Cesare, a metallurgical engineer, joined Argex's team in April, 2011, bringing with him 25 years of experience in metallurgical processing, steel production, equipment, human resources and mining. "Enrico is working closely with our team of consulting engineers towards our prime objective of a successful preliminary economic assessment," added Roy Bonnell.

"Michael Dehn will be leading the commercialization of our technology. It is a crucial role and given his strong industry and end-user relationships, we don't think there is anyone better for the job and we are confident of his success," stated Roy Bonnell. "Our technology will be a key part of our company's operational success," he added.

Roy Bonnell, Argex's new president and CEO, is one of the company's founders and has been a member of Argex's board of directors since its inception. In addition, he has served as its Corporate Secretary, Vice-President and CFO. Mr. Bonnell has served on the board of directors and as an officer of a variety of both public and private companies. He is a graduate of the London School of Economics, McGill University, the University of Western Ontario and Queen's University and has been a member in good standing of the Law Society of Upper Canada since 1996.


About Argex Mining Inc.

ARGEX MINING INC. is transitioning from a titanium, iron and vanadium explorer to a development company with projects in Quebec, Canada. The Company is committed to its strategic plan of rapidly advancing towards profitable production at its 100% owned La Blache deposits located near Baie-Comeau, Quebec. For additional information please visit our website at www.argex.ca. "

[Popeye82]

Montero Mining’s exploration efforts dig up high grade rare earth elements in Tanzania; The Company listed in February of this year, after raising $4 million primarily for drilling &metallurgical test-work on the flagship Wigu Hill Rare Earths Project in Tanzania - PI - Jun 22, 2011

- by Richard Badauskas -
www.proactiveinvestors.com/companies/news/15659/montero-mini…

"Montero Mining (CVE:MON), is a junior Canadian based mineral exploration and development Company with a focus on rare earth elements in Tanzania . The Company listed in February of this year, after raising $4 million primarily for drilling and metallurgical test-work on the flagship Wigu Hill Rare Earths Project in Tanzania.

The Wigu Hill Rare Earths Project is located 170 kilometers southwest of the coastal city of Dar es Salaam, and has good road access to the main highway near Morogoro, and is 12 kilometers from the Tazara railway line that links the landbound Zambian copper belt with the deep water port at Dar es Salaam.

Montero Mining currently holds a 60% interest in the Wigu Hill Rare Earths Project, and has the option to increase up to a 70% ownership. The project consists of two prospecting licenses that cover 142 square kilometers and enclose a carbonatite complex that was originally discovered in the 1950’s and has been termed the “highest grade rare earth deposit in Africa”. Wigu Hill was sampled and evaluated by numerous mining companies, and international scientific organizations, who reported historic TREO grades of over 14%, with associated phosphate values.

The Rare Earth Elements are hosted in the mineral bastnaesite found in carbonatite dykes making it similar to MolyCorps Mountain Pass deposit in the USA. At Wigu Hill these are typically 0.6 to 8.0 meters wide, and can be traced over distances of over hundreds of meters. Historical sampling from the larger dykes reported average values of total rare earth oxide or TREO of 14.5%, within a TREO range of 12.7 to 16.5%, which carry significant quantities of the Light Rare Earth Elements of lanthanum, cerium, praseodymium and neodymium, predominantly hosted in the rare earth mineral bastnaesite and some synchysite and parisite. The United States Geological Survey reported that it was one of the richest REE deposits in the world, hosting grades of up to 20% TREE . Recent analysis of surface sampling in trenches and at depth by diamond core drilling by Montero reveal a similarity with the major REE deposit at Mountain Pass, in the United States.

The Company completed reconnaissance mapping and sampling across much of the Wigu Hill Project area, and outlined high grade TREO values within the carbonatite complex measuring 6.4 kilometers by 3.2 kilometers. These high grades of TREO averaged 7% TREO, and individual samples ranged as high as 27.25%, and are found within sheeted carbonatite dykes. The topography of this hilly area suggests that the REE’s could be extracted at a potentially low strip ratio along much of the strike line.

Trenching on highly prospective targets identified the Twiga Target Zone, which carries East West and North West dyke sets, where trenching exposed above average REE values and showed good continuity of mineralization.

The East West dyke set can be traced continuously over 200 meters at surface and is currently open at both ends. Representative values include Trench CC1 cut 8.0 meters at 11.36% of TREO, containing 5.42% of La2, 4.59% of Ce2, 0.39% of Pr2, 0.88% of Nd2, and 0.05% of Sm2; Trench CC2 cut 8 meters at 12.28% of TREO, containing 6.33% of La2, 5.38% of Ce2, 0.46% of Pr2, 1.02% of Nd2 , and 0.06% of Sm2. The highest grade trench sample in this area recorded 27.25% of TREO over 0.73 meters of true width.

Representative values on the North West to South East dyke set include Trench CT7a with 5.84 meters at 13.31% of TREO containing 6.35% of La2, 5.37% of Ce2, 0.47% of Pr2, 1.01% of Nd2, and 0.06% of Sm2; Trench CT9c returned 4.23 meters at 11.72% of TREO containing 5.73% of La2, 4.43% of Ce2, 0.42% of Pr2, 1.04% of Nd2, and 0.06% of Sm2.

Additional targets were also identified at Tembo where a mineralized dyke system covers an area measuring 350 meters by 450 meters, was assessed by cutting 39 trenches, and collecting over 700 samples at 0.5 to 1 meter intervals.

Trenching on the Tumbili Prospect in the central part of Wigu Hill identified a massive carbonatite breccia zone that extends over an area of approximately 300 meters, by more than 700 meters, and where trenching recorded 1.19% to 7.58% TREO. This appears a subintrusive that likely gave high-grade off shoots dykes represneated by Tembo and perhaps Twiga dyke setsThis is likely to become a large bulk-tonnage target based on the size of the carbonatite exposed at surface.

The Chui Prospect returned grab sample values of 5.5% TREO and 5.7% TREO. Selective grab sampling of these dykes established values ranging from 1.62% TREO to a maximum of 5.53% TREO.

Montero has just completed a definition diamond drilling program of 19 holes for 2,150 meters at the eastern end of Wigu Hill, where 14 holes tested targets on the Twiga Zone, and 5 holes tested the Tembo Zone. Results for 8 holes from Twiga have been received, with 6 holes pending, and all 5 holes at Tembo are pending.

Highlights from drilling on the Twiga Zone include drill hole TW003R which intersected 20.76 meters at 6.23% TREO from 18.56 to 39.40 meters, and TW014 which intersected 5 mineralized intersections between 24.40 to 148.25 meters, for a total of 22.55 meters with TREO values ranging from a low of 4.80% to a high of 10.52%. These drill intersections confirm the continuity and significant mineralization within the individual dykes both along strike and at depth on the Twiga Section, and is a major step towards the establishment of a viable and economic resource which is expected by mid 2011.

This drilling program should result in the delineation of a NI 43-101 Compliant Resource at Twiga and Tembo down to a depth of 100 meters, and will should be released before August. Mintek, who is a leader with over 25 years experience in rare earth metallurgy and recovery, has been retained to evaluate the Wigu Hill Rare Earth mineralization and provide technical advice on metallurgical and hydrometallurgical process options.

Montero retains a number of other mineral interests in Tanzania that include the Iringa License in the Kilombera Basin, and the Liwale License on the eastern edge of the Selous Basin. Both projects are early stage grass roots uranium prospects exploring for roll front type uranium deposits.

Two large uranium claims blocks are also held in Quebec, Canada. The Girard Claims cover anomalous concentrations of uranium, where historic and early stage exploration has defined three significant anomalies at Ridge, LDZ, and North Beraud. The Lac Yvone Claims cover historic reports of both uranium and gold. Current exploration efforts on both Claims Blocks are aimed at upgrading the prospectivity of the uranium and gold occurrences.

In addition Montero has an option on four Phosphate Projects are held in South Africa. The Duyker Eiland, Phillips Kraal and Lamberts Bay projects are located in the Western Cape close to the deep water Saldanha harbor and the Western Cape area that cultivates both wheat and produces wine. The fourth Project at Bierkaal is located 20 kilometers from the Omina phosphate production complex at Phokeng, in the North West Province. The Western Cape Project areas have been mined in the past and Montero said to contain historic resources of 90 million tonnes of phosphate rock. Montero intends to complete a due dilignce which will involve drilling to confirm tonnage and grade of the main deposits.

The Senior Management at Montero has over 30 years of experience with international major mining corporations including Placer Dome and Phelps Dodge on African exploration projects.

Montero may look like a late entrant into an already crowded rare element sector, but the location, mineralogy and open cut potential of the project bodes well for it catching up to the select group of rare earth companies than can reasonably expect to be in production in the next 2-3 years. "

[Popeye82]

Aspire Mining - Lifts Indicative Ovoot Coking Coal Production Target - Jun 24, 2011

HL:

+ Coal washability test results confirm theoretical 80% yields @an 8% ash content

+ Results now collated from 90% of samples taken in ´10 exploration program

+ Production target for StageII increased to 12 milliontpa from 10.5 milliontpa

+ Potential for reduced capital &operating costs. Agreement signed with Sedgman Limited for initial wash plant scoping study ...
www.stocknessmonster.com/news-item?S=AKM&E=ASX&N=546533

[Popeye82]

Trans-Tasman Resources seeking investors for iron sands project - BD - Mar 17, 2011

- James Weir -
www.stuff.co.nz/business/4777119/Trans-Tasman-Resources-seek…

"Trans-Tasman Resources says it could start mining iron sands off the Taranaki coast in two to three years, if all goes to plan, and it can raise hundreds of millions needed for the mining development.


Small, Wellington-based exploration company TTR says there is an estimated 102 million tonnes of "inferred resource" of iron ore in its licence area off the Taranaki coast and the company said yesterday its prospecting was likely to be "worthwhile".

A testing programme is under way off the Wanganui coast with the aim of converting more of the potential into "JORC" (Joint Ore Reserves Committee) inferred resources. JORC figures are seen as more credible than internal company estimates.

TTR said the "resource" figure was "very much a preliminary estimate over a very small percentage within the area currently pegged by the company." However, the company hoped further work would take the resource figure up to initial internal estimates of 360 million tonnes, and beyond.

TTR has already spent "double-figures of millions" so far on the project and has enough cash to keep going this year before seeking cash from investors, possibly late this year.

Trans-Tasman released details yesterday of its first official estimate of the iron ore concentrate at 60 per cent, which has been signed off by Golders Associates, an independent geological consultant.

TTR aims to mine 5 to 10 million tonnes of ore a year in two to three years.

TTR says a medium-term price for ore is expected to be about US$100 a tonne, compared with current high spot-market prices of US$150 to US$170 a tonne.

Mining 5 million tonnes at US$100 a tonne implies revenues of about NZ$680 million a year, but TTR has not yet given an indication of the potential operating costs.

The costs of development would be high, with TTR hoping to raise "hundreds of millions" from investors in both Australia and New Zealand.

More testing and exploration was needed, as well as environmental studies on the potential impact of offshore mining, before seeking capital. "We will be looking for capital late this year, early next year," TTR executive chairman Bill Bisset said.

TTR has already raised some money in New Zealand, but because it would need such large sums, would look to Australian investors because the investor pool in New Zealand was not deep enough.

"Exploration is at the more risky end of the risk profile and rightly so. You are not going to put your entire portfolio into that," Mr Bisset said.

The project could also lead to a large-scale steel mill in New Zealand to make use of the ore, but that could potentially cost $5 billion, and would probably need a big Asian backer, with most of the steel exported.

New Plymouth is a potential mill site, but TTR has made no commitments about a site.

The country already has a large steel mill, the NZ Steel mill at Glenbrook, south of Auckland. "

[Popeye82]

Century Iron Mines comes to TSX-V, with Wuhan Iron &Steel &MinMetals in the bag - PI - Jun 21, 2011

- by Jason Chew -
www.proactiveinvestors.com/companies/news/15619/century-iron…

"Century Iron Mines Corporation (CVE:FER) (‘Century Iron’) is a Toronto based mineral exploration and development company with prominent iron ore assets in the provinces of Quebec and Newfoundland & Labrador, Canada. A Qualifying transaction was completed on May 18, 2011 concurrently with financings totaling $115.5 million. The financings included a $60.9 million investment by Wuhan Iron & Steel (SHA:600005)(WISCO) for a 24.99% interest in Century Iron and a $12.2 million investment by MinMetals for a 5% interest. Both WISCO and MinMetals (HKG:1208) are ranked amongst the Forbes Global 500 and are among China’s largest mining companies.


Century Iron has secured strong strategic partnerships in perhaps the world’s most import iron ore market through WISCO and MinMetals. WISCO is committed to assist in 70% of future project Capex debt financing with about 60% of the remainder to be financed by either company. In addition, 70% of the mined product is be pre-sold: 60% goes to WISCO and MinMetals takes 10%.

Century Iron aims to become one of Canada’s largest iron ore producers -China is crucial to those plans. The Middle Kingdom accounted for 627 Mt of crude steel production in 2009, 44.3% of global steel production. Its insatiable appetite for steel drove 2010 iron ore spot prices to record levels. Continued economic growth and need for housing and infrastructure will further drive demand. Growing income and urbanization will help maintain a positive outlook in foreseeable future. Selling to China therefore, is a must for any business seeking international growth.

On Century Iron’s side is a management team with experience in mining and the capital markets. This is particular true of Director and Chief Executive Officer Sandy Chin, who has deep mining and trading experience. Needless to say, his strong China connections are an invaluable asset to this China-focused company.

Primary land holdings consist of the Duncan Lake property, Attikamagan, and Sunny Lake; all located in Quebec. Together, resources including measured, indicated, and inferred are estimated to be over 852 million tons.

The Duncan Lake Project is an advanced exploration stage property consisting of 125 mining claims over an area of about 5,500 hectares in the James Bay region of Quebec. Century Iron has a 51% interest in the resource with an option to increase the stake to 65% from Augyva by expending an additional $14 million within five years. The companies will operate the project together under a joint venture. All resource estimates so far have been for Duncan Lake, leaving considerable room for upside as the earlier stage projects begin to progress.

Duncan Lake had been previously explored in 1973, though current resource estimates are from 10,461 meter drilling program in 2008 to 2009 totaling 52 boreholes. An internal logistics study is ongoing as well as a new 8000 meter drilling program. The site will produce iron concentrate and pellets as the final product. Studies show final iron concentrate to have an excellent grade of 65% to 69% purity.

Located in the Labrador Trough region is the Attikamagen property, an early-stage project comprised of approximately 946 mining claims covering about 31,000 hectares in an area of major iron formation. The property has thin overburden with visible outcrops with preliminary drilling showing the thickness of iron formation to be greater than 100 meters. There are five deposits on a 60 km strike length. A 1,182 meter drilling program was completed in the Fall of 2010.

The company currently has the option to earn a 51% interest in the Champion property by making a $7.5 million in exploration expenditures by March 26, 2012. This can be increased to 56% with an additional $2.5 million spent by March 26, 2013 and further increased to a 60% interest by spending another $3.0 million by March 26, 2014. As with the Duncan Lake project, Century Iron and Champion Minerals will operate the Attikamagen project under a JV agreement.

Sunny Lake is comprised of two groups of claims, together covering approximately 25,850 hectares. It was acquired in 2009 by staking for potential iron mineralization; the property is in an area of major iron formation along strike with other major project. Century Iron is the 100% holder of this property. The area is in the boreal forest, rising 600 to 700 meters above sea level.

Century Iron is moving quickly to take advantage of its iron resources. Financial backing and technical know-how from its large Chinese strategic partners will enable the company to accomplish this with minimal contribution of its own funds. Only 13% of requirements for capex into production will come from Century Iron. Yet it maintains control of all its projects.

Because both WISCO and MinMetals will become buyers of any Century Iron products, they have a vested interest in the Company in addition to their equity investments. This is especially true of WISCO, which has a significant 25% stake as well as a JV partnership with Century Iron. WISCO has contributed $120 million to the joint venture in exchange for a 40% interest in Century Iron’s share of Duncan Lake, Attkkamagen, and Sunny Lake.

The success of Century Iron is tethered to the Chinese economy. If growth rates continue as predicted, the Company’s future looks bright. Of course, things can change quickly in tightly controlled economies, where production is dictated by government fiat. It is a risk for sure, but the reward is too great to pass up. China’s economy may face some hiccups, but the long-term trend looks to point up.


Profile

Century Iron Mines Corporation (TSX.V:FER) is a mineral exploration company interests in the Duncan Lake property, the Attikamagen property, and the Sunny Lake property.

All of the properties are located in the Provinces of Quebec and Newfoundland and Labrador and are held indirectly by Century Iron Mines Corporation through intermediate Canadian-incorporated subsidiaries. "

[Popeye82]

Augur Resources - 33.6% Increase in Homeville Nickel-Cobalt Resources - Jun 23, 2011

HL:

+ Updated resource estimate of 16.3 million tonnes @0.93% nickel &0.05% cobalt(cut‐off 0.7% nickel) @the Homeville nickel‐cobalt deposit in central New South Wales.

+ The updated resource estimate was independently calculated &is reported in accordance with the JORC Code. The total resource is estimated to contain approximately 151,000 tonnes of nickel &8,100 tonnes of cobalt.

+ The resource estimate is an increase of approximately 33.6% on that previously reported.

+ The mineralisation is @surface in some areas &has an average depth of only 10 metres below surface; average true thickness of mineralisation varies between 20 &60 metres depth ...
www.stocknessmonster.com/news-item?S=AUK&E=ASX&N=638617

[Popeye82]

INV Metals - Announces 10.2 Million Tonne @1.12% Copper Inferred Resource, @Kaoko - Jun 22, 2011
http://finance.yahoo.com/news/INV-Metals-Announces-102-iw-25…

[Popeye82]

Thundermin/Cornerstone Resources - Announce 66% Increase in Indicated &61% Increase in Inferred NI 43-101 Compliant Mineral Resources, @the Little Deer Copper Deposit, Newfoundland; scoping review expects to be completed by June 30, ´11 - Jun 22, 2011

HL:

+ 66% increase in the Indicated Mineral Resource to 99.8 million lbs of copper; 1,911,000 t grading 2.37% Cu

+ 61% increase in the Inferred Mineral Resource to 175.9 million lbs of copper; 3,748,000 t grading 2.13% Cu

+ Potential to further increase mineral resources with additional drilling below &to the west of the current resources remains strong. ...
http://finance.yahoo.com/news/Thundermin-and-Cornerstone-iw-…

[Popeye82]

Ferrum Crescent - Offtake Agreement - Duferco SA; Revenues of some US$11 billion were reported for ´08 - Jun 23, 2011

HL:

+ Offtake agreement with Swiss based Duferco SA

- Offtake for direct reduction &/or blast furnace product from iron ore projects in
South Africa
- Anticipated 4.5 million tonnes(mt) of iron ore pellets/year export to be produced(plus 1.5mt/year to be sold domestically)


+ Moonlight Project - 74Mt in the Indicated Resource category &225Mt in the Inferred
Resource category @a grade of 30%

- Resource update expected in Q3 ´11
- Feasibility study commissioned(AMEC Minproc) on schedule for completion early ´12 ...
www.stocknessmonster.com/news-item?S=FCR&E=ASX&N=546280

[Popeye82]

Bill Gates Jumps Into Oil Exploration ; invests in firm to streamline oil &gas exploration - TF/GWPF - Jan 18, 2011

- John Cook -
www.techflash.com/seattle/2011/01/bill-gates-backs-houston-o…
http://thegwpf.org/energy-news/2261-bill-gates-jumps-into-oi…

"For decades, oil and gas companies have faced the same problem: Where to drill?

Now, Microsoft co-founder Bill Gates is tossing his financial support behind a Houston company which hopes to utilize detailed analytics and measurement technologies to take some of the guesswork out of onshore oil and gas exploration. NEOS GeoSolutions -- whose investors include the legendary venture capital firm Kleiner Perkins Caufield & Byers and investment bank Goldman Sachs -- today announced a $60 million investment from Gates and others.


The company touts itself as a "geosciences company where Silicon Valley meets the oil patch," and Gates' involvement certainly adds some big-name technology credentials to the mix.

According to the company's Web site, NEOS can can help oil, gas and mining companies more efficiently explore the Earth's subsurface.
We do this by integrating a broad range of geological and geophysical (G&G) data – including data available in the public domain, owned by our clients, or acquired using proprietary NEOS platforms – to produce a highly constrained 3D model of the subsurface. By applying the latest geostatistical techniques, we help our clients determine which portions of a basin might be the most prospective and, at the lease level, what areas are most likely to contain commercial quantities of hydrocarbons or minerals.

This is not Gates only investment in the energy field. The billionaire also is a backer of TerraPower, the Bellevue-based nuclear energy startup that raised $35 million last year.

In addition to Gates, Goldman Sachs and KPCB, NEOS raised the money from Passport Capital and Energy Capital Group, an investment vehicle controlled by the Saudi-based firm Rawabi Holdings.

W. Michael Long, Executive Chairman of NEOS, said in a press release that the investor group believes that a new era of natural resource exploration is just beginning.
"They believe that NEOS has the ability to drive the development and commercialization of a new generation of geophysical sensors capable of recording more measurements with greater accuracy from the Earth’s surface and subsurface. When these measurements are processed with advanced software algorithms that include state-of-the-art geostatistical and intelligent search features, our customers obtain more accurate 3D images of the subsurface at less cost and in shorter periods of time compared to conventional subsurface imaging techniques."

NEOS has raised about $100 million since 2006. "

[Popeye82]

Brazil's Reserves to Double? - BB - Jan 19, 2011

- By Peter Millard -
www.bloomberg.com/news/2011-01-19/brazil-oil-fields-may-hold…

"Brazilian oil deposits below a layer of salt in the Atlantic Ocean hold at least 123 billion barrels of reserves , more than double government estimates , according to a university study by a former Petroleo Brasileiro SA geologist.


The research, which set out to show government figures were too optimistic , found they underestimated the area’s potential, said Hernani Chaves, a professor at the Rio de Janeiro State University who worked at Petrobras for 35 years. The forecast, which the study puts at a 90 percent probability , compares with the Brazilian oil regulator’s 50 billion-barrel estimate.

“We started with a skeptical view and finished with bigger numbers,” Chaves said in an interview at the university in the city of Rio. “When we got the first results I said: ‘Something is wrong, it’s too big.’”

Petrobras, which currently has 16 billion barrels of proven reserves, is investing more than $200 billion in five years as it taps the so-called pre-salt fields lying two miles below the ocean surface and another two to four miles beneath the seabed. The deposits include the Americas’ two largest oil discoveries since Mexico’s Cantarell in 1976. Royal Dutch Shell Plc, Repsol YPF SA and Exxon Mobil Corp. also operate blocks in the area. BG Group Plc and Galp Energia SGPS SA hold minority stakes.

Petrobras fell 1.5 percent to 27.30 reais in Sao Paulo trading as crude oil declined to a one-week low in New York. The Bovespa stock index dropped 1.2 percent.


Oil Bill

Brazilian lawmakers passed a bill last year making Petrobras the operator of all new exploration licenses in the pre-salt and other areas deemed strategic. Rights to explore more than half of the region are yet to be auctioned. The oil producer controls or has stakes in 85 percent of all the existing licenses. The area likely holds 60 new fields with an average size of 2.2 billion barrels, according to the study.

Petrobras received the right to 5 billion barrels of pre- salt oil from the government as payment for stock in its $70 billion share sale last year, the world’s biggest ever.

Chaves and Cleveland Jones, a professor at the same university and co-author of the study, found there’s a 10 percent chance the region holds 206 billion barrels of oil and natural gas, which would surpass the estimate of 172 billion barrels for Venezuela at the end of 2009 in BP Plc.’s Statistical Review of World Energy. Venezuela currently has Latin America’s biggest proven reserves.


Libra

The researchers are less optimistic than the oil regulator on the size of the government’s Libra field, the country’s largest. They estimate Libra holds about 5 billion barrels, compared with as much as 15 billion estimated by the ANP, as the regulator is known.

The two geologists used software from Oslo-based GeoKnowledge, an oil consulting firm, and the Monte Carlo statistical model the U.S. Geologic Survey uses to calculate undiscovered oil and natural gas resources around the world. Monte Carlo predicts potential discoveries based on the history of exploration successes and failures in an area.

Petrobras estimates reserves of as much as 16.8 billion barrels at four pre-salt fields where it has drilled and tested wells including Lula, its biggest prospect, the company said in an e-mailed response to questions. The company didn’t provide an estimate for the entire area and declined to comment on the study.


Recovery Rate

The study assumes fields in the pre-salt region, an area bigger than Florida, will have a recovery rate of 25 percent to 30 percent, Chaves said. The rate measures the percentage of oil that can be extracted from a reservoir and that counts as reserves.

Brazilian President Dilma Rousseff said the pre-salt may hold 100 billion barrels in 2009, when she was cabinet chief for her predecessor, Luiz Inacio Lula da Silva.

Magda Chambriard, a director at ANP, said last year the pre-salt may hold more than the 50 billion-barrel estimate the agency uses in presentations.

The costs and technical challenges involved in pumping oil from ultra-deep fields will likely slow development of the reserves, Chaves said. It will cost trillions of dollars to develop the entire area, he said.

Petrobras expects to boost recoverable reserves to up to 35 billion barrels by 2014. The company’s proven reserves, or oil that can be extracted with existing infrastructure, rose 7.5 percent in 2010 to 16 billion barrels, the company said Friday.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at [e-mail]

To contact the editor responsible for this story: Dale Crofts at [e-mail] "

[Popeye82]

Iron Mining Group - Announces a 300,000 Metric Ton FOB Iron Ore Sales Contract, with one of the World's Largest Commodities Trading Companies - Jun 22, 2011
www.ironmininggroup.com/documents/06-22-2011-300k-MT-FOB-Con…

[Popeye82]

Antwort auf Beitrag Nr.: 41.697.731 von Popeye82 am 24.06.11 20:37:28

Like buddy Warren Buffett, Bill Gates invests big in railway - TF, "Bill Gates Watch" - Apr 25, 2011

- Greg Lamm -
www.techflash.com/seattle/2011/04/gates-invests-big-in-railw…

"His buddy Warren Buffett owns Burlington Northern Santa Fe Corp., and now we learn that Bill Gates also has an affinity for trains. The Microsoft co-founder is the largest shareholder in Canadian National Railway Co., according to a report in the Toronto Globe and Mail, which says Gates now owns 46 million shares of the railway based in Montreal. That’s 10 percent of the railway, an investment valued at about $3.2 billion.


Gates controls 37.4 million CN shares through Cascade Investment LLC. As co-trustee of the Bill & Melinda Gates Foundation, Gates has another 8.6 million CN shares, according to the Globe and Mail.

According to Forbes, Gates now gets 70 percent of his wealth from investments other than with Microsoft. Gates has invested in the Mexican stock market and in Femsa, the Mexican bottler of Coca-Cola. Gates also is invested with Grupo Televisa. "

[Popeye82]

Save The World Air - U.S. Department of Energy's RMOTC Highlights STWA's Applied Oil Technology(AOT(TM)) Testing in Wyoming Energy News - Jun 24, 2011
http://finance.yahoo.com/news/US-Department-of-Energys-iw-14…
wyomingenergynews.com/2011/06/rmotc-to-test-oil-viscosity-re…

[Popeye82]

GE &Shenhua Announce Formation of Cleaner Coal Technology Joint Venture in China; Venture to Advance Deployment of Coal Gasification Technologies in China - BW, WASHINGTON/BEIJING - Jan 18, 2011
www.businesswire.com/news/home/20110118006931/en/GE-Shenhua-…

"Marking a significant step forward for coal gasification technology, GE (NYSE: GE) and Shenhua today announced that they have agreed to form an industrial coal gasification joint venture to advance the deployment of “cleaner coal” technology solutions in China. The new company combines GE’s expertise in industrial gasification technologies with Shenhua’s expertise in coal gasification and coal-fired power generation. The announcement was made as part of China President Hu Jintao’s state visit to the United States.


“Collaboration between our two companies in this joint venture will create a gasification technology business in China with significant local presence, focus, resources and expertise.”


The agreement was signed today at a ceremony at the Strategic Forum on U.S.-China Clean Energy Cooperation in Washington D.C. It establishes a joint venture company in which GE and Shenhua would sell industrial coal gasification technology licenses, jointly advocate for and develop integrated gasification combined cycle (IGCC) facilities and conduct research and development to improve cost and performance of commercial scale gasification and IGCC solutions. This includes industrial coal gasification applications in China as well as jointly pursuing the deployment of commercial scale IGCC plants.

”Shenhua has deep experience in developing and operating coal gasification and coal-fired power generation facilities in China, including the Shenhua Baotou coal to olefins facility which uses GE’s gasification technology,” said Mr. Zhang Xiwu, chairman of Shenhua Group Corporation Ltd. “Collaboration between our two companies in this joint venture will create a gasification technology business in China with significant local presence, focus, resources and expertise.”

“Coal plays an important role in the economies of the U.S. and China, and gasification technology allows us to use this abundant and low cost resource in a much cleaner way,” said Keith White, general manager, gasification, GE Power & Water. “This joint venture company is an evolution of the strong gasification business GE has in China today; today’s announcement represents an important investment by GE and Shenhua in the future of gasification in China and the deployment of cleaner coal technologies. Each business intends to contribute existing technology, operational and service expertise to create a comprehensive gasification and cleaner coal technology and service provider in China.”

The joint venture company would be established and commence operation later this year, subject to regulatory approvals.

Gasification technology has become a critical tool in the expansion of the Chinese economy, allowing a wide variety of industrial products and fuels to be created from low-cost abundant coal resources. GE’s gasification technology is one of the most widely applied technologies of its kind in China, with more than 40 licensed facilities.

Shenhua is one of the world’s largest coal and energy companies, with coal reserves, coal-fired power generation and a national role in the development of new coal-related technologies such as coal-to-liquids and carbon sequestration. It has unique advantage of integrated development of coal production, power generation, railway, port and shipping. Shenhua has significant experience in the development of coal-to-chemicals facilities and in the operation of coal gasification systems over a range of technology configurations.


About GE

GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.

GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $40 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. "

[Popeye82]

Bezos invests in BC nuclear fusion startup General Fusion - TF - May 5, 2011

- Greg Lamm -
www.techflash.com/seattle/2011/05/bezos-invests-in-general-f…

"Amazon.com founder and CEO Jeff Bezos has joined a group investing $19.5 million in a British Columbia startup working on nuclear fusion.


General Fusion is developing technology it hopes to use to build power plants using magnetized target fusion technology at a lower cost that using conventional magnetic and laser fusion approaches.

Joining Bezos Expedition in the Series B funding round are Cenovus Energy, through its Environmental Opportunity Fund, and existing investors Chrysalix Energy Venture Capital, GrowthWorks, Braemar Energy Ventures, Entrepreneurs Fund, Business Development Bank of Canada, and SET Venture Partners.

Bezos joins Microsoft co-founder Bill Gates in investing in nuclear energy startups. Gates has invested in Bellevue-based TerraPower, which is developing a new type of nuclear reactor. Nathan Myhrvold’s Seattle-based Intellectual Ventures launched TerraPower in 2008.

Despite the nuclear disaster in Japan, investors still see opportunities in companies developing new nuclear power technology. Gates recently said that nuclear energy -- not wind or solar -- is the best bet to tackle climate change.

In first reporting the General Fusion investment, Clean Break said it signals that progress being made by General Fusion on magnetized targeted fusion technology is beginning to be taken seriously, where in the past it has drawn skepticism. Magnetized target fusion got a lot of attention in the 1970s, but interest dropped off as it became increasingly difficult for scientists to advance the concept.

General Fusion said it will use the funding to develop and demonstrate that its technology will work. The company said it hopes to commercialize the technology within the next 10 years. Here is how General Fusion describes the technology:

Fusion is the process that powers the sun. On earth, hydrogen isotopes are heated to extremely high temperatures allowing them to collide and fuse to form helium, releasing vast amounts of energy which can be harnessed to produce electricity. The fuel is found in abundance in seawater and the by-products of the reaction are safe for the environment. The fusion process emits no greenhouse gases.


With the General Fusion investment, Bezos continues to expand his financial interest in science-backed companies. Last month, Blue Origin, the Washington spaceflight company backed by Bezos Expeditions, received $22 million in NASA funding to develop systems to transport astronauts to the International Space Station. "

[Popeye82]

Green coal may come to India within 2 years - BS, NEW DELHI - Jan 18, 2011

- Virendra Singh Rawat -
www.business-standard.com/india/news/centre-hopefulgreener-c…

"The Union coal ministry hopes that the country’s coal-fired power plants would adopt environment-friendly technologies in the next two years.

The ministry is currently mulling over two clean coal technologies — coal to liquid and underground coal gasification — being used in South Africa.

Union Coal Minister Sriprakash Jaiswal had visited the African nation last month with senior government and Coal India Limited (CIL) officials in this regard.

“The ministry has asked CIL to prepare a detailed proposal about the speedy adoption of coal to liquid technology,” Jaiswal told newspersons here this evening.

He said, coal to liquid technology could be adopted without much capital investment in existing plants, while underground coal gasification technology was still in its preliminary stage and was yet to give equally positive results.

The minister said with rising industrialisation and economic growth in the country, the demand for energy was bound to increase and coal being the primary source of energy is required to be harnessed at a greater pace.

“Our ministry shares the concern of the Ministry of Environment and Forests (MoEF) about the need to conserve our ecology, since greater use of coal for energy would definitely put pressure on the environment,” he added.

He further said, nuclear energy and thorium era are still eight to 10 years and 25 years away for India and till then coal demand would continue to rise.

He said, while coal production had posted seven to eight per cent growth last year, the current financial year’s growth could not be ascertained due to MoEF’s objections in clearing coal blocks.

Jaiswal said CIL was exploring coal properties abroad to cater its rising needs, while Mozambique had already allocated two coal blocks and promised for more such allocations in due course.

The Centre had put coal import under open general license (OGL) allowing private and public companies to import coal. “Coal demand is high in the sponge iron, cement and power sectors. The private sector is importing about 71 million tonnes of coal, while National Thermal Power Corporation (NTPC) is also importing some coal.”

Jaiswal said the coal ministry had allocated two coal blocks to Uttar Pradesh, however, the government was yet to make any headway. “I reiterate that coal supply would not pose any constraint to Uttar Pradesh’s thermal power production.” "

[Popeye82]

Golden Minerals Company +ECU Silver Mining Inc. Announce Merger of Equals, Creating a New Growing Silver Mining Company -Combined Measured +Indicated resources of approximately 25 million ounces silver, 26 million pounds lead +37 million pounds zinc, Combined Inferred resources of approximately 187 million ounces silver, 2 million ounces gold, 1 billion pounds lead +1 billion pounds zinc - Jun 24, 2011
www.marketwire.com/press-release/golden-minerals-company-ecu…

[Popeye82]

BioNeutral Group - Starts Commercial Deployment of Its Ygiene 206 Sterilant &Ogiene Products , Within Port Authority Facilities Using T.U.C.S. Cleaning Services; has initiated marketing &sales distribution phase of their revolutionary Cold Sterilant &Cleaning/Odor Products, within the State of New Jersey; was selected by New Jersey based T.U.C.S. Cleaning Services Inc, a Northern New Jersey Janitorial service &distribution company, because of the superior effectiveness of BioNeutral's technology; application of BioNeutral's Ygiene 206 product is used to sterilize any hard surface in only 20 minutes, Ygiene formulations are non corrosive &can be used in close proximity to electronics &high grade stainless steel components; T.U.C.S. CEO: "These products will be a key component in our every day campaign to consistently deliver clean, green products on the cutting edge of superior technology, in the interest of public safety. ... As a full service commercial cleaning company, we maintain clients with very high profile locations, where public health &safety is always a concern. Having Ygiene 206 in our arsenal of products to handle these needs gives our clients the peace of mind to know we are using the safest yet most effective antimicrobial products available"; BioNeutral Group CEO: "Our ongoing marketing efforts have started to pay off &we are extremely pleased to form a new relationship with T.U.C.S. Cleaning Services &to begin distribution of our game changing products. ... This will serve as a platform to educate &into the industry based on the proven benefits offered by our superior line of products. There are so many opportunities afforded by this relationship to the high risk, high traffic public locations of the tri-state area. Schools, airports, hospitals, &food handling facilities should all be penetrated by our innovative technology over time. The management of T.U.C.S. clearly has taken a proactive stance when it comes to public health &safety. It is certainly a good indicator in advance of our official launch @the APIC exhibit &convention in Baltimore, MD next week, June 26th through the 29th" - Jun 23, 2011
http://finance.yahoo.com/news/BioNeutral-Starts-Commercial-p…

[Popeye82]

Portage Resources - Is Pleased to Report Positive Due Diligence Results on the Wukakuy Properties, With Estimated Potential Reserves in Excess of 58 Million Oz Ag - Jun 24, 2011
http://finance.yahoo.com/news/Portage-Resources-Inc-Is-prnew…

[Popeye82]

Bellzone Mining Plc - Magnetite Increase; has indicated a 71% increase in the Company’s estimate of the magnetite tonnage available from 3.74 billion tonnes to 6.4 billion tonnes; placing Kalia amongst the largest iron ore deposits of its kind in the world - Jun 23, 2011

+ Estimated Kalia I magnetite tonnage increases 71% to 6.4 billion tonnes

+ JORC measured &indicated upgrade on track for Q3 ´11

+ 10,000 metre resource extension programme underway for completion by year end, JORC resource expansion expected Q1 ´12

+ Infill drilling programme on schedule ...
www.bellzone.com.au/Portals/0/docs/Magnetite Increase.pdf

[Popeye82]

Jupiter Mines - Mount Ida Magnetite Project - Initiates Feasibility Study - Jun 27, 2011
http://stocknessmonster.com/news-item?S=JMS&E=ASX&N=232915

[Popeye82]

Sacre-Coeur Minerals - Continues to Delineate Alluvial Gold Mineralization @Million Mountain; Production from New Zone to Commence in July; CEO: "We are very pleased to have identified this promising area upon which to put our new dredge system to work initially. We are hopeful that on-going exploration will continue to expand this deposit &identify others with similar attributes to support the addition of multiple , similar production units, each designed to mine &process 25,000 cubic meters of alluvial material per month. Concurrently, we will be continuing with development of processing techniques to profitably recover very fine alluvial gold which is beyond the recovery capabilities of the current system" - Jun 27, 2011
http://finance.yahoo.com/news/SacreCoeur-Minerals-Continues-…

[Popeye82]

Microbix Biosystems - Hunan Influenza Vaccine Joint Venture on Hold Pending Resolution of Contract Renegotiation ; suspends project activity &returns Phase I funds to private investors; original agreement was signed in ´08 to build &operate Asia's largest influenza vaccine production facility; CEO: "In January we closed Phase I financing for Crucible, a Microbix subsidiary, &began working diligently to implement the new legal structure for the Joint Venture Company, requiring both parties to sign certain amendments to the original agreement. During this process Hunan raised some material issues they wanted to discuss &revise. @the same time we have our own issues we wish to discuss &revise based on feedback from interested private equity investors. We have involved different levels of government to facilitate these discussions, but @this time we are @an impasse with Hunan &anticipate these negotiations could take considerably more time to resolve. Under these circumstances, we have decided to suspend all project activity &return the funds to Phase I investors, placed in Crucible in January, until contract renegotiations are concluded with Hunan ... We remain committed to this venture to upgrade China's influenza vaccine capacity &to raise the immunization rates to the WHO recommended levels of 20% in Hunan Province. We have assembled an outstanding internationally recognized management team &are close to securing the remaining financing from large institutional investors to build one of the most advanced vaccine facilities in the world. We continue to work through this situation with the best interests of our Microbix shareholders in mind, &as such we are also exploring other options in China to extract the value from our investment in this project if we are unable to reach satisfactory terms with Hunan - Jun 27, 2011[/red
www.alphatrade.com/news/stories/AM/2011-06-27/CNW/2011062708…

[Popeye82]

Coburn, Lieberman seek to raise Medicare age to 67 - FY/AP, WASHINGTON - Jun 28, 2011
http://finance.yahoo.com/news/Coburn-Lieberman-seek-to-apf-1…

[Popeye82]

Cyclone Power Technologies - Signs Letter of Intent with Leading Global Lift Equipment Manufacturer, Combilift; President: "Our company was founded on bringing new concepts &unique, innovative designs to the international market. We see the integration of the Cyclone engine into our current &future products lines, as an extension of this pioneering spirit. Facility owners are in desperate need for cleaner burning, more fuel efficient &more powerful materials handling equipment for indoor use. We believe that the dynamics of Cyclone engine can provide just that perfect combination of power &clean energy efficiency" - Jun 27, 2011
http://technews.tmcnet.com/news/2011/06/27/5599142.htm

[Popeye82]

Peinlicher Panini-Patzer; Zwei Spielerinnen mit ähnlichem Namen bekamen DASSELBE Klebebildchen - DPA, STUTTGART - Jun 28, 2011
http://web.de/magazine/sport/frauenwm/aktuelles/13112518-pan…

[Popeye82]

Invasion aus dem All? Ufos über London gesichtet!
http://video.de.msn.com/watch/video/invasion-aus-dem-all-ufo…

[Popeye82]

Antwort auf Beitrag Nr.: 41.713.694 von Popeye82 am 29.06.11 01:02:53

'Toter Alien in Russland gefunden'
http://video.de.msn.com/watch/video/toter-alien-in-russland-…

[Popeye82]

Spektakuläre Wasserhose vor Australien gefilmt; >550 Meter wurde das Wasser von dem Tornado in die Höhe gezogen - MSN - May 30, 2011
http://video.de.msn.com/watch/video/spektakulare-wasserhose-…

[Popeye82]

Commerce Resources - Drills 2.10% TREO over 586.92 metres, including 3.00% TREO over 36.99 metre,s @the Eldor Property, Quebec - Jun 28, 2011
http://finance.yahoo.com/news/Commerce-Resources-Corp-prnews…

[Popeye82]

Talon Metals - Announces a 48% Increase in Mineral Resources @the Trairão Iron Project, Brazil; 688 million tonnes @37% Fe total Inferred Mineral Resources, within an area with a cumulative strike length of 10,400 metres over Target AreasI &II. The iron mineralization within this resource includes surficial deposits, saprolite &saprock, which overlie the Archean age banded iron formations("BIFs") on the Trairão ridge; increase is based on results from drilling of an additional 26 reverse circulation ("RC") drill holes over 5,000 metres of strike on the north western extension of Target AreaII; Currently Talon has two RC rigs &three diamond drill rigs on site @the Trairão Project, &a further five diamond drill rigs are due to begin drilling in July ´11. The RC rigs have completed the drilling of the 7,800 metre long Target AreaIII &complete results are pending. It is anticipated that an inferred mineral resource estimate for Target AreaIII will be undertaken during July, which will complete the initial cumulative inferred resource estimate for the entire priority area on the Trairão ridge, which includes Target AreasI, II &III; In addition, RC drilling has been completed &assay results are pending on Target Areas IV, V &VI which have a cumulative mapped strike length on three parallel BIF units of 6,200 metres. The RC rigs are currently drilling on the less topographically prominent northern target areas(7-13) which have a cumulative strike length of some 23 kilometres, as delineated by recent geological mapping; CEO: "We are aggressively advancing the Trairão Iron Project, as illustrated by today's announcement of our third NI 43-101 compliant mineral resource estimate in just nine months ... We see great potential for this iron deposit, in part, as it has the advantage of relatively easy mining options as a surface deposit. Other important components of the work program are also being progressed including beneficiation, infrastructure, marketing and logistics studies as well as a conceptual mining study"; Talon will host a conference call with Mr. Eddie Scholtz, President &CEO, to discuss this news release on Wednesday June 29, ´11, @1:00p.m. Eastern Time - Jun 29, 2011
http://finance.yahoo.com/news/TALON-METALS-ANNOUNCES-A-48-cn…
http://files.newswire.ca/882/Figure_1_June_29_2011.pdf" target="_blank" rel="nofollow ugc noopener">http://files.newswire.ca/882/Figure_1_June_29_2011.pdf

[Popeye82]

IBC Advanced Alloys &Ulba, one of the largest &most important beryllium processing &rare metal manufacturing facilities in the world , &a wholly owned subsidiary of Kazatomprom, the National Atomic Company of Kazakhstan, Sign Memorandum of Understanding, Advancing Strategic Partnership to Enhance Successful Beryllium Alloys Business; Under the terms of the MOU, Ulba &IBC intend to renew and extend their multi-year binding supply agreements for both beryllium metal &beryllium master alloys. These agreements will provide IBC with a consistent &reliable supply to meet increasing customer demand &to grow IBC's alloys business. Ulba &IBC also agreed to examine technological &business development initiatives that will enhance and strengthen their respective beryllium and beryllium alloys business; In addition, Ulba &IBC have agreed to identify %explore new business opportunities with complementary rare metals, such as tantalum, niobium %others. The parties agreed to study %to potentially develop mutually beneficial opportunities in resource exploration, development %production as well as downstream manufacturing %distribution. This understanding recognizes Ulba's strengths as one of the world's leading rare metal producers &compliments IBC's upstream exploration &development expertise as well as its strong manufacturing &distribution platform; CEO: "We are very pleased to have signed this very important MOU ... &look forward to expanding our excellent relationship with Ulba. The ´10 acquisition of Beralcast, now called Engineered Materials Division, has positioned IBC as a global leader in the beryllium aluminum castings market &, together with our beryllium copper alloys business, has dramatically increased IBC's product range &market depth. Our strong relationship with Ulba is a cornerstone of our growth &we are excited by the long term potential of our relationship &our mutual rare metals business" - Jun 29, 2011
www.marketwire.com/press-release/ibc-advanced-alloys-and-ulb…

[Popeye82]

Botswana halts new bids for coal prospecting - MW/Reuters, GABORONE - Jun 28, 2011
www.miningweekly.com/article/botswana-halts-new-bids-for-coa…

"Botswana has frozen the issue of any new prospecting licences for coal, coal bed methane and related minerals pending the finalisation of a new strategy for the coal sector, a government official said on Tuesday.


Boikobo Paya, permanent secretary in the minerals ministry, said the moratorium would last until the road map was finalised, which was expected within six months.

"The moratorium will assist us to develop a proper road map that we can share with the industry," he told a conference.

"We want to look at the current and future coal markets in order to maximise economic benefits from the mineral."

The Coal Roadmap, put together by consultancy Wood Mackenzie, is a strategy on how to optimise benefits from the country's estimated 212-billion tons of coal reserves .

Exploration rights for coal and coal-bed methane are among the most popular licences sought in mineral-rich Botswana.

Demand peaked in 2009 when 50% of all prospecting licences were for exploring for coal, CBM and related minerals.

The government believes that Botswana's coal and gas reserves have the potential to grow into an industry as big as its bedrock diamond sector, which generates half of Botswana's revenue and a third of gross domestic product (GDP) . "

[Popeye82]

Volta Resources - >Doubles the Gold Resource, @it´s Kiaka Gold Project in Burkina Faso: Measured &Indicated Resources Increase 118% to 3,018,000 ounces of gold &Inferred Resources Increase 163% to 1,260,000 ounces of gold; CEO: "Our drilling programs have more than doubled the mineral resource base from last year's estimate @Kiaka while also significantly increasing the confidence of the geological model ... The Volta team has once again delivered the estimate on time &on budget &I commend them on their efforts. The extent of the current resource upgrade elevates the Kiaka deposit to the next category in terms of quality &size. Notwithstanding the success of the PhaseII campaign, the Kiaka deposit is not closed off yet, with further potential indicated along strike &down dip. There are also untested targets in close proximity that will be drilled in PhaseIII. Combined with its favorable location &positive results from initial metallurgical test work, the prospects for the Kiaka deposit have been considerably enhanced" - Jun 29, 2011
http://finance.yahoo.com/news/VOLTA-MORE-THAN-DOUBLES-THE-cn…" target="_blank" rel="nofollow ugc noopener">http://finance.yahoo.com/news/VOLTA-MORE-THAN-DOUBLES-THE-cn…

[Popeye82]

Australian Bauxite - High Grade “Brown Sugar” Bauxite Discovery, @Guyra, NSW
Progress +Strategy Update; CEO: "We may be able to sell large tonnages to bauxite-alumina refineries needing “sweetener” bauxite that processes @low temperature +has very low reactive silica contents. We’ve called this bauxite type “Brown Sugar” bauxite – sweet +greatly sort after. It may become a brand name in the industry one day. Being next to rail may help the Inverell-Guyra project get started early" - Jun 28, 2011

HL:

+ 63 holes intersected high quality thick bauxite @Guyra, Northern NSW

+ The discovery of this concealed bauxite layer confirms that the company’s exploration knowledge is advancing significantly across all projects

+ Exceptionally high quality intercepts show that the Guyra bauxite layer may contain large tonnages of superior quality bauxite suitable for sweetening circuits in refineries

+ REF has been submitted to the Department of Industry +Investment +is currently under consideration

+ Guyra lies immediately adjacent to a major rail line +may be a co-development with the company’s large Inverell bauxite deposit.

+ bauxite deposit is open in many locations +many other deposits have been identified. Follow up drilling of the Guyra discovery is being scheduled over the coming months in line with the REF; Good continuity of bauxite qualities +thickness in places may lead to a maiden resource estimation, albeit based on only partial drilling of deposit zones that are still open +likely to be extended in coming months ...
http://stocknessmonster.com/news-item?S=ABZ&E=ASX&N=639027

[Popeye82]

Petrolia - 1st Resource Assessment of Macasty Shale, Anticosti Island, Quebec; Based on data available @this time, Sproule's best estimate of the Total Petroleum Initially-In-Place is 30.9 billions barrels of oil for the Petrolia land interest holdings. The probability that the Total Petroleum Initially-In-Place exceeds 19.8 billions of barrels is 90% (low estimate) +the probability that the Total Petroleum Initially-In-Place exceeds 48.2 Bboe is 10%(high estimate). These estimates are reported as barrels of oil equivalent(Bboe); CEO: "From the company's prospective, the Macasty resource assessment shows the large upside potential of this shale over Pétrolia exploration licenses. Further work, in terms of drilling +pilot testing, will be necessary to converts part of the extremely large volume of Total Petroleum Initially-In-Place into discovered resources, +thereafter into reserves" - Jun 29, 2011
www.marketwire.com/press-release/petrolia-first-resource-ass…

[Popeye82]

i-minerals - Teams Up With DURTEC GmbH, located in Neubrandenburg , to Study Halloysite Markets &Applications - Jun 27, 2011
www.marketwire.com/press-release/i-minerals-teams-up-with-du…

[Popeye82]

Sundance shortlists potential partners for African iron-ore mine - MW, PERTH - Jun 29, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/sundance-shortlists-potential-p…
http://stocknessmonster.com/news-item?S=SDL&E=ASX&N=546986

"Iron-ore developer Sundance Resources has moved one step closer to securing a strategic partner for its A$4.6-billion Mbalam iron-ore project, in central West Africa, after shortlisting a number of preferred partners.


The miner has now entered into commercial discussions with these as yet unnamed shortlisted parties.

Sundance said in a statement that potential partners and a number of Chinese banking institutions recently visited the operations in the Cameroon and the Congo to finalise due diligence studies on the project.

Follow up discussions between Sundance’s technical teams and a number of the prospective strategic partners have also been held in both China and Africa over the past few months, the iron-ore hopeful said.

A number of parties have also held detailed discussions with government ministers in Cameroon and the Congo about their interest in the Mbalam project, and Sundance said that talks with the West African governments regarding the mining conventions were also being finalised.

“Sundance is very pleased with the progress that has been achieved in recent months and looks forward to successfully concluding arrangements for the introduction of a strategic partner to the project,” the company said.

A final investment decision on the Mbalam project was expected before the end of the year, with early works on the construction of the rail and port infrastructure expected to start before the end of 2011.

Stage one of the project was based on an average production rate of 35-million tons a year of direct shipping ore.

Shares in Sundance rose by as much as 6% to A$0.335 on Wednesday, before closing at A$0.325 apiece. "

[Popeye82]

Antwort auf Beitrag Nr.: 41.717.057 von Popeye82 am 29.06.11 15:04:39

New Talon CEO eyes 20-30Mt/y output, @Brazil iron project - MW, TORONTO - Jun 29, 2011

- Matthew Hill -
www.miningweekly.com/article/new-talon-ceo-eyes-20mt-30mty-o…

"Talon Metals, which announced a 48% increase in resources at its flagship Brazilian iron project to 688-million tons on Wednesday, is hoping the Trairão project could produce up to 30-million tons a year.


“Longer term we see this as a potential major exporter. When I say major exporter, I’m talking in the 20-million to 30-million tons a year range,” newly appointed CEO Eddie Scholtz said on a conference call with investors.

However, he noted that it was still early days, adding that the company would have greater clarity on possible production levels by the end of the year.

TSX-quoted Talon is also considering starting with a smaller operation to supply local Brazilian steelmakers with iron-ore by truck, Scholtz said.

The company aims to complete a prefeasibility study on Trairão, located in Pará state, during the third quarter of next year.

The expanded resource at the project has an average grade of 37% iron, and only includes target one and two, out of the 13 that Talon owns at Trairão.

The prefeasibility study will also help determine the best way to get the projects iron-ore to a Brazilian seaport, and export customers.

It’s about 800 km to the Itaqua port at Sao Luis, and a similar distance to the Vila do Condo port.

“It’s a far distance to the seaport and you have to get up to the economies of scale,” Scholtz said.


POTASH UNBUNDLING

In a separate announcement on Wednesday, Talon said it would likely distribute the 44% it owns of Brazilian potash explorer Rio Verde to shareholders in July, when the junior would seek to list on hte TSX.

The listing would likely take place in the week starting July 11, Scholtz said.

Talon’s shares rose 3.45% to trade at C$1.50 apiece by the Toronto market’s close, while the metals and mining index rallied 2%. "

[Popeye82]

Full Metal Minerals - Announces Closing Schedule for Spinout of Full Metal Zinc - Jun 29, 2011
www.marketwire.com/press-release/full-metal-minerals-announc…

[Popeye82]

MBAC Fertilizer - Acquires Option to Buy Phosphate Project in South East Brazil; area in which the project is situated hosts excellent infrastructure &is home to one of the largest phosphate fertilizer producers in Brazil. Numerous blenders &fertilizer distributors are also established in the region, which is commonly referred to in the industry as the "fertilizer cluster" in Brazil; P/CEO: "We believe this project presents a great opportunity for MBAC given its historical grades, size &, most importantly, the strategic location in the "fertilizer cluster" region of Brazil. Our aim continues to become a leading fertilizer supplier in Brazil &the location &other attributes of this phosphate-Nb-REE deposit will continue to bring us closer to our vision. It is our belief that the Nb-REE mineralization will provide a strong economic benefit for the overall project &we expect to be in a position to exercise the option in the near term. We are currently in discussions with 3rd parties interested in the development of the Niobium &REE mineralization area of the project. The Nb-REE area has been drilled to a considerable extent &has the potential to generate a mineral resource in a short time frame" - Jun 29, 2011
www.marketwire.com/press-release/mbac-acquires-option-to-buy…
http://media3.marketwire.com/docs/MapofBrazil.pdf

[Popeye82]

Fancamp Exploration - Magpie Drilling to Begin; will begin on The Magpie Mines Inc. titaniferous magnetite deposit on about July 7, ´11; programme will consist solely of drilling &sampling approximately 6,000 metres in 25 holes, which will cover the 1.6 kilometre strike length of Deposit no. 2; objective of the programme is to enlarge the published NI 43-101 resource estimate as disclosed in the press release dated July17, ´09(available on the Fancamp Exploration Ltd. website), in preparation for Magpie's IPO scheduled for year end ´11 - Jun 29, 2011
www.marketwire.com/press-release/fancamp-exploration-ltd-mag…

[Popeye82]

Passport Potash - Intersects Up to 25.75% KCL Potash Mineralization @Relatively Shallow Depths; P/CEO: "We are very pleased with the drill results we have received. These results are consistent with what we believed the deposit would be like based on the extensive historic data from this area of the basin and similarities to the deposit currently being mined in Carlsbad, New Mexico. Ultimately, the NI-4301 report will define the nature +extent of our resource. We are looking forward to the release of our initial resource report +further drill results in the coming weeks" - Jun 20, 2011
http://finance.yahoo.com/news/Passport-Potash-Inc-iw-5687459…
www.azgs.az.gov/arizona_geology/Summer%2008.pdf

[Popeye82]

Bear Lake Gold - Announces Initial NI 43-101 Mineral Resource Estimate of the Bear Lake Zone: 683.600 Ounces @5.67g/t Au Inferred, zone remains open on strike +@depth - Jun 29, 2011
www.marketwire.com/press-release/bear-lake-gold-announces-in…

[Popeye82]

India makes environmental policies mandatory - MW, KOLKATA - Jun 27, 2011

- By Ajoy K Das -
www.miningweekly.com/article/india-makes-environment-policie…

"India’s Forest and Environment Ministry has made it mandatory for all government-owned mining companies to immediately adopt a Corporate Environment Policy (CEP).


The Ministry said on Monday that this was necessary to integrate environmental concerns into the day-to-day functioning of companies and act as a framework for self-discipline.

In the second phase, the mandatory adoption of CEP would be extended to all companies in both government and private sectors that have an interest in mining, including thermal power plants and steel and cement producers that have coal or iron-ore mines for captive consumption.

Responding to the Forest and Environment Ministry’s directive, the Indian Coal Minister has directed all government-owned coal companies under its administrative charge to frame and adopt a CEP immediately.

“There is a need to integrate environmental concerns including those related to forestry, wildlife and biodiversity into the mainstream of corporate policy,” Forest and Environment Minister Jairam Ramesh said.

“Focus should be on environmental commitment of companies involved in mining. CEP will ensure all project proponents integrate environmental concerns in day-to-day functioning, especially in compliance of conditions based on which environmental clearances had been granted to companies,” Ramesh said.

Under the adopted CEP, each mining company would have to identify and designate persons at all levels of the company’s hierarchy who would be responsible for adherence to various provisions of the CEP.

These designated officials would also have to ensure that any deviations and violations of environment and forestry clearances granted by the Forest and Environment Ministry were reported to the board of directors of the company and that all such violations were included in the annual report of the company.

These measures and reporting systems would promote environmental consciousness and secure compliance and protect stakeholders in a project just like financial systems and audit mechanisms protect interests of shareholders, Ministry officials said. "

[Popeye82]

Southeast Europe Makes Way for Entrepreneurs; Economies in 22 cities continue to reform business regulations despite the financial crisis - WB/IFC - Jun11
www.doingbusiness.org/reports/subnational-reports/south-east…
www.doingbusiness.org/~/media/FPDKM/Doing Business/Documents…

[Popeye82]

Developing Countries Take Action to Combat Climate Change; With help from the Climate Investment Funds, developing countries are taking actions to combat climate change. The fund is piloting low-emissions growth &climate-resilient development - WB - Jun11
www.youtube.com/watch?v=KFN3ilG1jEM&feature=channel_video_ti…

[Popeye82]

Bank President Zoellick Issues Remarks @G20 Agricultural Ministers Meeting; "The world is hungry for food but it is also hungry for action. We have made a good start today," said World Bank President Robert Zoellick, addressing G20 agriculture ministers in Paris, France - WB - Jun 23, 2011
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:…

"I very much appreciate the opportunity to be here with Minister Le Maire and I want to thank all of you for joining us.

Food is the essence of human life. For those in the rich world, it's often about grocery stores, or even about menus.

But for the billions of people who go hungry every day, it's about survival. It's about empty plates and bowls. Families whose children will see a life's opportunities limited because of the lack of nutritious food that has harmed their ability to grow and learn.

At the beginning of this year I called on the G20 to Put Food First. In an op-ed in the Financial Times in January I suggested a series of specific actions to protect the poor and the vulnerable from food price volatility. We are not going to be able to stop prices from going up and down, but we can smooth the swings and we can protect the poor - whether they are small farmers or consumers. Working together we can make food more affordable, available and predictable. And I'm very pleased that the G20 has taken up this call for action.

Great credit goes to President Sarkozy and Minister Le Maire for their leadership in making the critical issue of food a central part of the French presidency of the G20. I know that Bruno and his team have worked tirelessly to build consensus among the G20 members.

And G20 members today have agreed on a package that I believe will make a difference. We can't solve all the problems of food and agriculture here, but this is a very important down payment, and Ministers have taken some significant steps.


In particular, I'd like to highlight:

+ The launch of AMIS, which will increase public access to timely information on how much food there in the world - on grain production, consumption and the quality and quantity of stocks. This will throw a light on the darkness and secrecy of reserves as you already begin to bring some order and some predictability to the international food system.

+ Also a rapid response forum designed to provide rapid coordinate action by the major food producing and consuming countries to help prevent global food problems.

+ An agreement on a humanitarian exemption from export bans, which will help the World Food Programme, so we can keep food going to hungry people to save lives. now, when they need it, not tomorrow or in Never Never land . I heard Minister Le Maire speak about this, and he is exactly right. This is something we've been pushing for for years and this is a critical step we'll take with the G20 and then move onto all the membership of the WTO.

+ And also, an important agreement to ask the World Food Programme to develop a proposal for a pilot for small regional emergency humanitarian food reserves that could be used to replenish national safety nets.


And on risk management, the World Bank Group has just announced a new risk management tool to provide up to 4 billion dollars in protection from volatile food prices for farmers, food producers, and consumers in developing countries. Financial engineering has been associated with the "dark side." This initiative helps bring it into light. Intelligent financial engineering can help people to manage risk. These are tools that are already widely available in developed countries, and now we can make them available to farmers and consumers in developing countries.

The World Bank's own agricultural portfolio has seen a 50 percent scale up since 2008 to about 6 billion dollars a year. We host the Global Agricultural and Food Security Program , which is a multi-donor, multi-agency effort set up in 2010 at the request of the G20, and it's already committed more than half a billion dollars in grant funds to 12 poor countries to support their agriculture plans.

We should also make more progress over time in weather forecasting and monitoring crop production. And we need more research. With agriculture production needing to rise some 70 percent, and with a 5 - 10 year window to develop new seeds and get them to farmers, we need to support global research, such as at the Consultative Group for International Agriculture Research or CGIAR.

So, today is about solid progress. The first high level summit of G20 Agriculture Ministers; the first effort to put food on the international agenda; an agreement on more transparency; more co-ordination; free passage of humanitarian food aid; a pilot for emergency reserves; stronger risk management instruments; more investment in production.

Are we there yet? No. It's too early to take a victory lap and I urge the G20 Heads in November to follow through on the important steps made today.

But we also shouldn't forget that agriculture has been the sticking point for international agreement after international agreement. Food may be the essence of life but for years it's also been the essence of national security and national sovereignty.

The world is hungry for food but it is also hungry for action. We have made a good start today and I would like to again thank Minister Le Maire and his team for helping reach these agreements

Thank you and I'll be pleased to take your questions. "

[Popeye82]

Taseko buys put options on ´12 copper output, ensuring minimum selling price of $3.50/lb for 90% - MW, TORONTO - Jun 27, 2011

- Liezel Hill -
www.miningweekly.com/article/taseko-buys-put-options-on-2012…

[Popeye82]

Inter-Citic Minerals - Announces Mineral Resource Update for Dachang Gold Project +Filing of Technical Report: Total of 3.81MOz M/I/I - Jun 30, 2011
www.marketwire.com/press-release/inter-citic-announces-miner…

[Popeye82]

Australia’s discovery rates drifting down despite record exploration spend - MW, PERTH - Jun 28, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/australias-discovery-rates-drif…

"Despite record levels of exploration spend in Australia, the country was facing an ever-decreasing number of new mineral finds, advisory firm Minex Consulting said on Tuesday.


Speaking at the Association of Mining & Exploration Companies’ (Amec’s) yearly convention, Minex MD Richard Schodde said that for every A$1-billion spent on exploration, only one tier-one asset was discovered.

“Exploration discovery rates have been drifting down, while exploration spend has gone up. So we spend a lot, but we don’t find much for our money, and that is a bit of a concern,” said Schodde.

He noted that the trend in Australia had also moved away from greenfield exploration, with companies focusing on brownfield and late-stage exploration, which implied drilling out existing discoveries and completing feasibility work.

“For Australia, you will see that it is quite cyclical, and you will also see another trend. In terms of grassroots spend, exploration expenditure on grassroots projects has declined from 50% of total expenditure to only 35% , so there has been a drop in grassroots spend,” Schodde said.

However, despite the focus on brownfield exploration, Schodde warned that around half of Australia’s mines, which produce more than one-million tons of ore a year, and which exclude bulk commodities, would likely run out of reserves within the next five to sixteen years , without additional resource drilling.

“If they don’t add to their reserve base or convert resources into reserves, they will run out of business ,” Schodde told Amec delegates.

“It takes you at least three to five years to make a minerals discovery, and could take at least a decade or more to take a discovery through to production. So we have a 10 or 15 year lead time to get our exploration successes into production.

“The scary thing is that we only have 10 years to do that in , or our industry will be in decline .”

Meanwhile, Schodde said that junior explorers were taking up a larger section of the exploration market, with junior miners accounting for around 53% of total spend, up from around 36% a decade earlier.

Bulk commodities were also becoming an ever-increasing focus for exploration, he said, with the sector accounting for around 40% of the current exploration expenditure, up from almost zero percent a decade ago.

Schodde noted that despite the large figures attached to exploration expenditure in Australia, almost 50c of every dollar raised within Australia, was earmarked for exploration expenditure in other countries .

“In terms of global exploration expenditure, Australia is losing market share. We now only account for about 12% of exploration spend, and 50c of every dollar raised in Australia gets spent offshore. And that number is increasing.

“It’s a concern that companies are not seeing local opportunities,” he added.

The Australian Bureau of Agriculture and Resource Economics and Sciences (Abares) reported in May that in 2010/11, exploration expenditure in Australia’s minerals and energy sector is estimated to be around A$5.9-billion, broadly similar to the 2009/10 levels.

Higher commodity prices have supported an increase in exploration activity this year for all major minerals, with the exception of petroleum, Abares said. "

[Popeye82]

Advanced Explorations - Tuktu Iron Project Drill Program Meets Objective Early; Drill fences @400 metre intervals utilizing 2 drills are testing the 2.6 km strike of Tuktu 1. Holes XII &XIII are currently being drilled, &previous drill holes are designed to test the banded iron formation(BIF) to depths of 250 metres on average with the deepest hole to date going 311 metres; Company recently completed a ground magnetometer survey over the TuktuI target area, &the results have been very useful for mapping the distribution of the magnetite within the iron formation helping geologists optimize the drill plan. The steeply dipping BIF mineralization remains open @depth &drill logging results are consistent with the previous geologic mapping. AEI will also be initiating a program of additional surface mapping &sampling to better characterize the TuktuI mineralization. This program will also extend onto the other 10 adjoining claims to better understand the discovery potential of the Tuktu area; P/CEO: "We anticipate we will complete sufficient drilling over the next few weeks to properly delineate the resource. The program has been highly successful, and the target objective for ´11 will be completed ahead of schedule. We believe a 2nd phase drill program will not be required as we will have enough drilling to complete a NI 43-101 compliant resource report as planned. While we experienced a challenging start of the program, the overall project performance has allowed us to complete our target in a single campaign &we expect initial assay results from our Tuktu project soon. The accelerated program also allows us to effectively communicate the project opportunity to potential partners" - Jun 29, 2011
www.marketwire.com/press-release/advanced-explorations-tuktu…


Advanced Explorations Inc. Obtains Shareholder Approval, for XinXing Pipes Group Joint Venture Agreement, 99 % approval vote; Once AEI obtains all required regulatory approvals, company will work with XXP to quickly conclude Feasibility &Joint Venture process; P/CEO; "The strong vote of our shareholders in favour of the Company entering into a Joint Venture with XXP demonstrated their confidence in our business strategy for our flagship asset @Roche Bay. With Messrs. Telewiak &Zeng being welcomed to our board, we have further strengthened our team &also provided our partner with an opportunity to actively be involved as AEI is moving forward. We are also very appreciative of Bernie Swarbrick's longstanding contributions to the board of directors of AEI &look forward to benefiting from his continued involvement &executive role as Vice President, Capital Projects &Studies to the Company" - Jun 30, 2011
www.marketwire.com/press-release/advanced-explorations-inc-o…

[Popeye82]

UPDATE: ZincOx slashes costs of constructing Korean plant; estimated costs for 2nd stage of Korean recycling plant now US$100 million –some US$46 million less than previous estimate - PI UK - Jun 30, 2011

- by Jon Mainwaring -
www.proactiveinvestors.co.uk/companies/news/30057/update-zin…
www.zincox.com/userfiles/file/110621%20Korean%20Recyling%20P…

[Popeye82]

Peter Blezard, CEO of Plant Impact talks, about Arysta LifeScience paying a 76% premium for 9% of the company - PI UK - Jun 1, 2011
www.proactiveinvestors.co.uk/companies/ceo_focus/777/peter-b…

[Popeye82]

Antwort auf Beitrag Nr.: 41.724.712 von Popeye82 am 30.06.11 17:51:58

Recent trends in Australian exploration - MinEx - Jun 28, 2011
http://minexconsulting.com/publications/Australian%20Discove…

[Popeye82]

Cameco shops for uranium, eyes Africa - MW/Reuters, TORONTO - Jun 30, 2011
www.miningweekly.com/article/cameco-shops-for-uranium-eyes-a…

"Canadian uranium producer Cameco is shopping for development-stage uranium projects and will consider opportunities in Africa, the company's incoming chief executive told Reuters on Wednesday.


Cameco is "scouring the world" for mines that could be in production within 10 years, said Tim Gitzel, who will take over the top job at the company on Friday.

That global search could take the Saskatoon, Saskatchewan-based miner to Africa, the only major uranium-producing region in the world where it does not have operations. Cameco produced about 22.8-million pounds of uranium in 2010 from projects in North America and Kazakhstan.

"We wouldn't hesitate to go to Africa if we could find a project that made sense to Cameco," said Gitzel, who worked for French nuclear giant Areva before joining Cameco as chief operating officer in 2007.

"In my previous life, I looked after uranium mines in Niger and some Gabon properties," he said. "Now Namibia is a big country [for uranium mining]."

Namibia and Niger together produce some 15% of the world's uranium.

Saskatchewan-born Gitzel, who took his first mining job at the tender age of 17 , is taking over the top job at Cameco from retiring CE Jerry Grandey at a time when public sentiment is against nuclear power.

Shares of the uranium producer have tumbled more than 30% since a devastating earthquake and tsunami hit Japan in March, leading to the Fukushima debacle, the worst nuclear accident since Chernobyl.

While Gitzel remains confident that the industry will recover, he said the drop in company valuations has created a buying opportunity for Cameco.

"We'll watch now around the world as valuations of other companies and other projects come off," Gitzel said. "If there's something that makes sense, we have the ability to move very quickly on that."

Gitzel did not say how much Cameco would be willing to pay for acquisitions, but he made it clear that the company already has plenty of exploration plays and is looking for assets that are well into the development process.

"We'd be interested if we could find something that could come into production in the next 10 years," he said. "For the uranium business that's near-term production. "


GLOBAL FOOTPRINT

Over his first summer as CEO, Gitzel plans to indulge in one of his favorite activities -- visiting Cameco's mine sites.

The company has major projects underway in Canada, the United States, Kazakhstan and Australia, and plans to double uranium production to 40-million pounds a year by 2018.

With development projects underway and his eye on M&A targets, Gitzel sees plenty of opportunity for Cameco even though countries such as Germany and Switzerland have backed away from nuclear power in the aftermath of Fukushima.

"We're watching the world and the market very closely," he said. "We see growth in the market over the next 10 years." "

[Popeye82]

The Oil &Gas Watchlist - JC - June 30, 2011
www.jenningscapital.com/reports/20110630Watchlist.pdf

[Popeye82]

CGX Energy - Releases New Prospective Resources Estimate by DeGolyer +MacNaughton for Corentyne Licence; D&M has estimated a total best estimate(P50) Prospective Resources, as of June 15, 2011, for two prospects of 325 million barrels of oil(64Mmboe LE, 1.348Mmboe HE); estimates have not been adjusted for the probability of geologic success(Pg) - Jun 23, 2011
http://cgxenergy.ca/PR_Jun23_2011.html

[Popeye82]

Waratah Resources - High Grade DSO Haematite Target - Mar 3, 2011

HL:

+ February Field programme successfully completed

+ Rock samples returned consistent zones assaying >60% Fe(Iron)

+ Initial Target of 1-2 Billion tonnes of DSO haematite grading between 60% +62% Fe(Iron)

+ Aeromagnetic survey identified other prospects outside target resource areas

+ Drilling programme prioritised ...
http://stocknessmonster.com/news-item?S=WGO&E=ASX&N=531898

[Popeye82]

EMED Mining nears end-game in Andalucia - PI UK - Jun 30, 2011

- by Jamie Ashcroft -
www.proactiveinvestors.co.uk/companies/news/29975/emed-minin…

"EMED Mining’s (LON:EMED, TSE:EMD) Rio Tinto mine development in Andalucia remains on-track to restart copper production next year, managing director Harry Agnostaras-Adams told investors at a London presentation on Monday.

But achieving this will depend on two important milestones, he warned.


First the company must be granted ‘administrative standing’ by the local government, Junta de Andalucía, within the next three months. In turn this will help EMED reach its second key milestone, completing the purchase of the adjoining land that hosts the mine’s tailings dam.

While EMED owns the main property, some of the mine’s essential infrastructure is held by third parties and up until now the company has not been able to buy it back. The issue stems from the time when the previous operator was dissolved and some parts of the mine’s tailings dam were sold off.

“Two thirds of the tailings dams had been sold off to private property speculators,” Adams said. “I’ve never seen that anywhere else in the world. I can’t understand how it happened or why it happened.”

Being granted administrative standing the Junta de Andalucía will be particularly significant because it will effectively green-light the mine restart and crucially it will trigger the expropriation process, which will allow the group to finally buy the land needed for the start-up.

According to Agnostaras-Adams, the group must have control of these adjoining lands by the end of the second quarter of 2012 if EMED is to start mining on time.

Of all the administrative challenges that Agnostaras-Adams, and his team has faced, the issue of the adjoining lands has been one of the most frustrating.

In March the Junta gave EMED confirmation that it was now fully responsible for the entire tailings dam. But Adams stressed that this must be resolved formally, with EMED owning the property outright.

“We were told by the government that we need to take responsibility for the whole of the dams. We’d been doing it anyway.

"But we need full irrevocable, bankable and permanent control of that land. Not just a letter from the government that says we can look after it,” he added.

“So we need to be granted administrative standing so we can move ahead with the process to expropriate the land.”

”Once in motion that process takes between six to twelve months, so if it starts before the end of this year, we can be commissioning some parts of the Rio Tinto mine by the middle of next year.”

With this in mind EMED is still working busily on tender documents, engineering and financing so it can make a ‘flying start to production’, once the administrative hurdles are finally clear.

It has been a frustrating journey for both EMED and its investors, but it seems that the light is starting to shine brightly at the end of the tunnel.

“It was the last of the mines to be closed down in the last cycle. It should have been one the first to re-open, three years ago. It would have been, had it previously been in clean hands, well operated and everything was comfortable,” Adams said.

“I think it is a travesty that you walk onto that site and there’s over US$1 billion worth of infrastructure and it is just sitting there doing nothing. We’ve had to deal with a lot of frustration, telling people every day that this can be done, it should be done and we are going to do it.

“We’re still not over the top of the peak, but we are a long way up the valley and the goal is getting nearer. Some of the worst stuff is now behind us but we’re not quite there yet.”

Indeed EMED is nearing the end of this highly administrative period, but over the next few months it will be a fairly tight run thing.

The group has already invested some US$40 million in the project, and made a commitment to pay a US$20 million debt to the government. At the end of April the group had US$28 million in cash, enough to see it through until this time next year according to Adams.

Additionally it has letters of intent for project start-up funding awaiting final permitting conditions to be agreed.

But before it can move forward and get the mine up and running, EMED must first cut through the red-tape once and for all. "

[Popeye82]

Rum Jungle Resources - reports initial resource estimate for Barrow Creek 1, Ammaroo Phosphate Project: 51,000,000Tonnes @18% P2O5; average thickness of mineralisation is 6.5m &the average overburden depth is 14m but ranges from 2m to 43m. The deposit is open to the south, west &east. No density measurements are yet available therefore a bulk density of 1.8t/bcm was used by Hellman &Schofield - Jun 30, 2011

Exploration during next 4 months will involve:

+ Resource extension drilling @Barrow CreekI to the south, west &east(Figure 3), with an approved budget up to 20,000m of drilling.

+ Infill drilling @50m spacing in high grade zones(Figure 3) to try &determine a Direct Shipping Ore resource.

+ Exploration drilling @AmmarooI prospect(Figure 1), 70 Km east of Barrow CreekI.

+ RAB exploration drilling to outline other deposits that may exist nearby. ...
www.thebulliondesk.com/content/corporatenews/270611rum.pdf

[Popeye82]

Latin Resources - appoints Snowdens to confirm iron-heavy metal-gold resource estimate, @Guadalupito Project, Peru; target of producing its 1st inferred JORC resource in September of ´11 - Jun 30, 2011

+ Latin Resources appoints Snowden for JORC resource estimate

+ Scoping study assessment under way ...
http://stocknessmonster.com/news-item?S=LRS&E=ASX&N=547232

[Popeye82]

Uranium Equities - Cameco Invests a Further US$5M in the PhosEnergy Process for Uranium Recovery, as a by-product of phosphate fertiliser production; brings Cameco’s total investment in the PhosEnergy Process to US$12.5 million; If Cameco invests the final US$4 million, the ownership of the technology related to the PhosEnergy Process will be: Cameco 63%, UEQ 27%, Original developers 10%; UEQ has undertaken the development of the technology in conjunction with the Australian Nuclear Science +Technology Organisation(ANSTO) +a major US-based phosphate producer; PhosEnergy applies conventional technologies in an innovative manner to achieve low operating costs for uranium production(estimated @US$20-25/lb(1)) +high uranium recoveries(estimated @92%) with improved environmental outcomes +reduced waste; 3rd stage investment underpins planned operation of Demonstration Plant in the US; Cameco investment will be applied towards the planned operation of a Demonstration Plant @a US-based fertiliser producer +an associated Pre Feasibility Study(PFS) on the PhosEnergy Process. Design +construction of the fully integrated +process controlled Demonstration Plant in Adelaide is complete. It is now undergoing final commissioning before being shipped to the USA. The Demonstration Plant is planned to operate for 5-6 months @a site in the US commencing in the 2nd half of this year +will provide cost +design data to enable the construction of a full-scale commercial facility. A PFS is also planned to be completed in parallel. This 1st-class asset has been constructed to international standards +can easily be transported to, +integrated into, phosphate fertilizer facilities around the world. It encompasses all of the key aspects of the PhosEnergy process within two 40-foot shipping containers; MD: "We are pleased that Cameco is to continue its financial, technical +corporate development support of the PhosEnergy Process. The additional funding will underpin the commissioning +planned operation of a state-of-the-art
Demonstration Plant @a US-based fertiliser producer which is integral to the completion of a Pre-Feasibility Study on the PhosEnergy Process. Cameco has already invested >US$12 million in the development +commercialisation of this exciting process, +this latest investment represents a strong endorsement of the potential of PhosEnergy +the opportunities which this technology can unlock - Jun 21, 2011

HL:

+ Cameco invests 3rd tranche investment of US$5M for further development of the PhosEnergy Process.

+ Demonstration Plant construction completed +undergoing final commissioning. ...
http://stocknessmonster.com/news-item?S=UEQ&E=ASX&N=183451

[Popeye82]

The SmallCap Issue - CTL - Jun 29, 2011
www.cantechletter.com/2011/06/the-smallcap-issue/

"Has the Toronto Stock Exchange become a mere vehicle for the world to access mining stocks, or does it have more to offer? While the commodities bull market has raised the profile of TSX internationally, it also leaves the entire country at the mercy of a correction in that space. Can Canadian stocks achieve a healthier balance of sector representation?

The answer may lie in the junior TSX Venture Exchange. For the first time in recent history, technology stocks have been at the top of the list for traders , besting the volume of even the most popular gold or silver plays. Will this action result in a new generation of Canadian tech stocks? Time will tell, but in the meantime we let you be the judge. In this issue we have enlisted the management of a dozen smallcap tech stocks, who talk to you about "why they may be the next big thing" :

+ The issue starts with the man on the cover, Thomas Braun of Verisante (TSXV:VRS).

+ Next we talk to Steven Koles of Hemisphere GPS (TSX:HEM)

+ We then talk to Randy Keith of Serenic (TSXV:SER)

+ We talk to Elliot Noss of Tucows (TSX:TC)

+ Tom Douramakos of GuestLogix (TSX:GXI)

+ Sam Chebib of Nightingale Informatix (TSXV:NGH)

+ Richard Buchanan of Agrimarine (TSXV:FSH)

+ Phil Sustronk of Pure Energy (TSXV:PEV)

+ Kyle Hall of PNI Digital (TSXV:PN)

+ Carsten Brinkschulte of Synchronica (TSXV:SYN)

+ George Burnes of SmartCool (TSXV:SSC)

And, finally,

+ Aly Rahemtulla of BSM Technologies (TSXV:GPS)


When reading these interviews please bear in mind the information in our disclaimer


All the best,

Nick Waddell
Editor/Cantech Letter "

[Popeye82]

Aguia Resources - Lucena Project - High Grade Phosphate Drilling Results - Jun 23, 2011

HL:

+ Sixteen holes totalling 960 metres of planned 1,500 metre program now completed.

+ Assays from 1st eleven holes spaced over a 20 kilometre zone have now been received with eight holes returning phosphate mineralisation.

+ Numerous high grade intersections were received including assays up to 23.25% P2O5.

+ These early results highlight the area’s potential to host a near surface phosphate deposit in close proximity to infrastructure, primary agriculture customers &fertiliser blenders.

+ Infill drilling will commence immediately with a further drilling program doubling the initial drilling program to 3,000 metres.

+ Further drilling will test for significant widths &thicknesses of phosphate mineralisation to enable the rapid development of a start-up project, based on the fact that Brazil is heavily reliant on imports of up to 50 per cent of its phosphate needs. ...
http://stocknessmonster.com/news-item?S=AGR&E=ASX&N=183487

[Popeye82]

A New Investment Strategy: Preparing for End Times - FY/NYT - Jul 1, 2011
http://finance.yahoo.com/news/A-New-Investment-Strategy-nyti…

[Popeye82]

Gaddafi droht Europa mit Krieg; Libyscher Machthaber hält erneut eine wirre Rede vor Anhängern - DPA, TRIPOLIS - Jul 2, 2011
http://web.de/magazine/nachrichten/aufruhr-arabien/13157900-…

[Popeye82]

Unfassbar! So bescheuert können Menschen sein
http://computer.de.msn.com/ratgeber_und_praxis/online/bilder…

[Popeye82]

Antwort auf Beitrag Nr.: 41.736.174 von Popeye82 am 03.07.11 23:11:34

[Popeye82]

Norseman Gold Plc - Gold Offtake Agreement; will supply Red Kite with its gold production up to a total of 300,000 ounces ; Off-take agreement includes market pricing &is based on Australian $$s - Jul 4, 2011
http://stocknessmonster.com/news-item?S=NGX&E=ASX&N=547784

[Popeye82]

Mining Summary - LC - Jul 12, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Black Iron - Welcomes Former Ukraine Prime Minister's Advisor Jaroslav Kinach to the Board - Jul 5, 2011

+ Mr. Kinach Will Provide Guidance on Operating in Ukraine &on a Broad Range of Financial Matters

+ Mr. Kinach is the Former Ukraine Country Head of the European Bank of Reconstruction &Development

+ Mr. Kinach is A Former Advisor to the Prime Minister of Ukraine

+ Mr. Kinach Resides in Kiev, Ukraine ...
www.marketwire.com/press-release/black-iron-welcomes-former-…

[Popeye82]

Cisco could eliminate as many as 10,000 jobs/about 14 percent of its workforce: report - FY/Reuters/BB, SAN FRANCISCO - Jul 12, 2011
http://finance.yahoo.com/news/Cisco-could-eliminate-as-many-…

[Popeye82]

IC Potash - Provides Update on Marketing Study; report will be summarized in the pre-feasibly study which is currently being prepared with a planned filing for October, ´11. This report affirms the excellent market potential for the SOP. It is planned that SOP will be produced from the polyhalite resource of the Ochoa project in southeast New Mexico, a major potash producing region. In preparing the report, CRU carried out detailed marketing studies for various international regions. Resultantly, CRU believes that the main competition for SOP delivery will come from current producers with little in terms of capacity expansion forecasted over the given timeline; P/CEO: "We are very encouraged by the recommendations +analysis that CRU has produced. Not only has the CRU report described the excellent market potential for SOP, but it has also highlighted the excellent potential for other specialty fertilizer products that the Ochoa project can produce." - Jul 14, 2011

Highlights of CRU report:

+ Based on the assumption that sales will commence in ´15, the Company should be able to sell a significant amount of SOP production without affecting the currently projected SOP prices.

+ Global consumption of SOP will increase by 35% over the next 15 years, thus meaning there is significant potential for ICP to enter into +expand a position in the SOP market.

+ Major growth in demand is forecast to come from Asia, South +Central America, the Middle East +Africa, +ICP is well positioned to address this incremental demand expansion from emerging markets.

+ Rail connections between ICP's Ochoa project in southeast New Mexico +the ports of Houston, Texas, +Long Beach, California, provide excellent connections for international delivery.

+ ICP can expect to sell, in addition to SOP, other specialized fertilizer products which can be produced from polyhalite. ...
http://finance.yahoo.com/news/IC-Potash-Provides-Update-cnw-…

[Popeye82]

Lawmakers expose China’s ongoing food safety flaws - APFT - Jul 1, 2011

- By Rory Harrington -
www.ap-foodtechnology.com/Processing/Lawmakers-expose-China-…

"Unscrupulous food processors, corrupt officials, incomplete regulations and ignorance of the laws are some of the ongoing defects in China’s food safety system, said a report by the country’s legislators this week.


The members of the Standing Committee of the National People’s Congress delivered a damning assessment of Chinese food safety after carrying out a three-month probe into the sector.

Lu Yongxiang, vice chairman of the committee, said that while officials have made progress in improving the food safety regime, the investigation had found a string of persistent problems, Chinese state media said.

He added that there remained a number of food manufacturers that continued to flout regulations and behave in an “underhand and dishonest fashion”.

A failure of some local government agencies to carryout their duties properly in curtailing illegal practices is also an issue.

A lack of awareness of new regulation and safety practices among some industry players was still a problem, said Lu, who called on authorities to publicise new laws more effectively.

The report – compiled after an investigation carried out between March and May 2011 - raised concerns about the legal framework for food safety - with the current system of regulations and standards described as incomplete.

It also outlined loopholes in supervisory systems and said there was even a shortage of inspection equipment for officials.


Stricter enforcement

The lawmakers tabled a raft of suggestions to improve the system, following the introduction of China’s food safety law two years ago.

They called on the State Council to be stricter in ensuring that local agencies performed their duties properly and co-ordinate duties more effectively among the various bodies.

More resources for equipment and personnel were also needed, said the document. The public and media should be encouraged to report food outbreaks more quickly.


Illegal cooking oil

A separate report in the media claims to have uncovered a common practice in China that sees up to 100 tonnes of illegal and sub-standard cooking oil, reprocessed and put back into the food chain on a daily basis.

The so-called gutter or swill oil - waste animal fat or cooking oil that has already been used repeatedly – is being treated in large-scale plants and resold to retail outlets or food processors, said the Beijing Times.

The advanced equipment used by the rogue oil processors makes it almost impossible to detect, said the paper as it claimed to have discovered widespread distribution across the Beijing, Hebei and Tianjin provinces.

The used or waste oil is blended and bleached in huge towers before being repackaged for sale. "

[Popeye82]

Hodges Resources - Moiyabana Coal Project Drilling Results - Jul 6, 2011

HL:

+ Significant intercept of coal @shallow depths from initial drilling @Moiyabana coal project, in central Botswana.

+ 1st hole intersects 32 meters of coal in 2 seams, from 24 metres.

+ 2nd hole intersects 51 meters of coal in 3 seams, from 38 meters. ...
http://stocknessmonster.com/news-item?S=HDG&E=ASX&N=548034

[Popeye82]

Montero Mining &Exploration - &Korea Resources Corporation(Kores) Sign a Memorandum of Understanding On Cooperation of the Wigu Hill Rare Earth Element Project; non-binding &involves ongoing discussions &technical investigations by an expert Montero &Kores team; P/CEO: "As a vehicle of the Korean government , Kores' focus on accessing a stable base of energy +industrial mineral resources to develop its economy is an ideal fit with Montero's intention of becoming a rare earth element producer" - Jul 5, 2011
www.marketwire.com/press-release/montero-korea-resources-cor…

[Popeye82]

Oceanic Iron Ore - Initial Drill Results Confirm Historical Data; relative shallow depth of these intersections on these 1st four holes(between 59 +63 metres) augurs well for the eventual pit design +is indicative of the low strip ratio predicted @Hopes Advance; results of assays will be used to select intervals with similar mineralogic +chemical characteristics for compositing. The composite samples will be analyzed to determine combined weight recovery of magnetite +hematite and the resulting concentrate grade; Company continues to advance its drill program, +expects to complete its program of twinning historic holes in the Hopes Advance project by mid July. On completion of the twinning, the Company will focus 5 drills on extension +step-out targets in Hopes Advance, as well as targets identified in its Roberts Lake +Morgan Lake Projects. Additional assay results are expected throughout the summer +updates will be made as appropriate; C/CEO: "These initial drill results are extremely encouraging +are remarkably consistent with historic drill results. We have a high confidence in the historic work done on the Ungava Bay properties +expect that future results will continue to correlate with those that have been reported historically" - Jul 5, 2011
www.marketwire.com/press-release/oceanic-iron-ore-corp-initi…

[Popeye82]

Royal Resources - Razorback Magnetite Resource Doubles to 537 Million Tonnes; MD: "Almost doubling the resource announced last year1 is an outstanding achievement &clearly demonstrates how robust &consistent the Razorback deposit is. With the expected imminent resumption in drilling, I am very confident that by year’s end we will add to this in line with the target announced for the Razorback Ridge area on 24th March, ´12 .... The value of Razorback’s access to existing, open access rail &port is emphasized by the events around the proposed Oakajee Port development in Western Australia &how its uncertainty has directly affected the feasibility of an entire iron ore district" - Jul 11, 2011

KP:

+ The JORC - compliant Inferred Resource @Razorback Ridge – Razorback West – Interzone prospect has increased to 537.2 Million tonnes @25.5% Fe

+ Resource upgrade target was met with <60% of the planned drilling

+ Drilling shows excellent continuity between the three prospects supporting the potential for future significant resource upgrades

+ An Indicated Resource for Razorback Ridge is currently being compiled ...
http://stocknessmonster.com/news-it.....OY&E=ASX&N=548439" target="_blank" rel="nofollow ugc noopener">http://stocknessmonster.com/news-it.....OY&E=ASX&N=548439

[Popeye82]

Peabody, Chinese &Russian group prelim winners for Tavan Tolgoi-govt; US miner Peabody Energy, a venture between China's Shenhua &Japan's Mitsui &Co &a Russian-led consortium have been picked as preliminary winners to jointly develop the prized Tavan Tolgoi coal deposit, a senior Mongolian government source said on Monday. Last week, the government said it had halved the shortlist of bidders to three from six, but it did not say if it would cut the list further as final winners; "The selection of bidders is not a surprise to us. Mongolia is trying to balance the geopolitical influence of neighbouring countries: not becoming over-dependent on China &seeking export markets in Russia, Korea &Japan," said UOB-Kay Hian's senior metals analyst Helen Lau; Should the decision be finalised, it would grant these 12 firms much coveted access to the world's biggest untapped coking coal deposit , with the west Tsanki block holding an estimated 1.2-billion tonnes of reserves &a forecast production life of >30 years @15-million tonnes/year; The jostling for the right to develop the Tsanki block has been a stiff battle among some of the world's mining titans , which also includes Vale &Xstrata - MW/Reuters - Jul 4, 2011
www.miningweekly.com/article/peabody-chinese-and-russian-gro…

[Popeye82]

Copper Fox Metals - Measured &Indicated Resource Estimate Exceeds 1 Billion Tonnes, @Schaft Creek Deposit; Containing 6.1Billion Pounds Copper, 383Million Pounds Molybdenum &5.8Million Ounces Gold - Jul 11, 2011
www.copperfoxmetals.com/i/pdf/NR-07-11-2011.pdf

[Popeye82]

Coal ban could cost Australia A$36bn/y, 200 000 jobs - MW, PERTH - Jul 4, 2011

- Esmarie Swanepoel -
www.miningweekly.com/article/coal-closure-could-cost-austral…

[Popeye82]

Kentor Gold - Initial Copper Resource, @Jervois Project, NT; 8.8Mt @1.3% Cu &26.7g/t Ag - Jul 5, 2011
http://stocknessmonster.com/news-item?S=KGL&E=ASX&N=357392

[Popeye82]

African Iron - 80% Increase in Aggregate Exploration Target Size - to 1.6 to 2.6Bt @30-65% Fe - Jul 6, 2011

HL:

+ Mayoko aggregate exploration target size increase of greater than 80% to 1.6 to 2.6Bt @30-65% Fe.

+ Approximately 20%(320-520 million tonnes @40-65% Fe) represents potential DSO &DSO material.

+ >20km of lower order magnetic anomalies identified but not included in the new target size, which may represent DSO &DSO style targets.

+ The largest target comprises two parallel magnetic anomalies that extend north from known BIF mineralisation @M’Binda over a combined 16km strike length.

+ Importantly, the new iron ore exploration targets occur to the north of the main prospect @Mt Lekoumou &closely parallel the nearby, underutilised heavy haulage railway conferring a transport &cost advantage.

+ Recent rock chip sampling from the area west of M’Binda returned assays of 37-41% Fe with low levels of deleterious elements. ...
www.africanironlimited.com/irm/Company/ShowPage.aspx?CPID=12…

[Popeye82]

Fortune Minerals - Partners with POSCO Canada, parent company, POSCO, is one of the world's largest steel producers , to Advance the Mount Klappan Coal Project to Production; Pursuant to the agreement, POSCAN will acquire a 20% interest in Mount Klappan, &based on current capital cost estimates, is anticipated to make total payments &cash contributions of $181 million, including $30 million in upfront funding upon closing - Jul 13, 2011

JV Highlights:

+ Formation of a JV to be owned 80% by Fortune &20% by POSCAN to accelerate development of Mount Klappan by combining Fortune's local development &operations expertise &POSCAN's market knowledge &financial backing;

+ @closing POSCAN will provide $30 million in upfront funding to Fortune Coal, $20 million of which Fortune Coal will contribute directly to the JV;

+ POSCAN will provide funding for 20% of the total development &capital cost of the Project, which under current estimates will equal a total contribution of $154 million to the JV;

+ POSCAN will provide $17.2 million in additional payments to Fortune Coal based on future milestones;

+ POSCAN will fund 20% of operating costs &receive 20% of the product produced from the Project; &

+ Fortune will serve as Manager of the JV &will be compensated, on a recovery basis, for providing operational, technical &administrative support over the life of the mine.


Mount Klappan Highlights:

+ One of world's largest undeveloped deposits1 of metallurgical coal with Measured Resources of 107.9 million tonnes, Indicated Resources of 123.0 million tonnes, Inferred Resources of 359.5 million tonnes &Speculative Resources2 of 2.2 billion tonnes;

+ Robust economics from a Definitive Feasibility Study3("DFS") on the Lost Fox deposit with Run-of-Mine Coal Reserves of 106.3 million, representing only 3.6% of the total resources(See Fortune News Release, dated November 4, 2010);

+ $1.03 billion pre-tax NPV (8%) &25.4% IRR from Lost Fox DFS @a base case price of US$175 / tonne of 10% ash Ultra-Low Volatile Pulverized Coal Injection("PCI") product;

+ 3 million tonnes/annum planned initial production rate;

+ Expansion potential via the mining of additional resources in the Lost Fox deposit &the adjacent Hobbit Broach, Nass &Summit deposits;

+ Canadian National Railway("CN") collaboration to extend railway infrastructure to the mine site, providing a scalable transportation solution to the port of Prince Rupert;

+ Reduced shipping times to Asia by exporting the coal products through the port of Prince Rupert, positioning Mount Klappan as a key supplier to the overseas steel industry;

+ Ability to use Ridley Terminals to load efficient Capesize vessels for ocean transport, &potentially share cargos &blend with other western Canadian coal producers; &

+ Advanced stage project with $86 million of work already competed. ...
Thread: Kein Titel für Thread 124487586001

[Popeye82]

Minco PLC - Proposed Sale of Pallas Green Project; Xstrata indicated a potential start-up date of ´17 for a mine @Pallas Green, with an indicative capital cost of US$300 million +with an indicated annual production of 160,000 tonnes of zinc - Jul 13, 2011
Thread: Kein Titel für Thread 201120110713

[Popeye82]

Blackline GPS - Delivers Savvy Solution for Surveillance Market - Jun 28, 2011
Thread: Kein Titel für Thread 1532213


Blackline Business Portal Delivers Unique Tracking Capabilities - Jul 13, 2011
Thread: Kein Titel für Thread 1537652

[Popeye82]

Frontier Rare Earth - +Korea Reasources Corporation(Kores) sign a, non-­‐binding, strategic partnership agreement for the development of the Zandkopsdrift rare earth project; KORES to acquire up to a 20% interest in the Zandkopsdrift rare earth project, up to a 10% interest in Frontier+a right to purchase up to 40% of Zandkopsdrift’s rare earth production; parties expect to sign a binding strategic partnership agreement in Q4 ´11 - Jul 13, 2011
Thread: >>>Neues von "Der Aktionärsbrief"<<<

[Popeye82]

Aura Energy - 1st uranium resource in Mauritania - 50 million pounds - Jul 19, 2011

HL:

+ Initial resource of 50 Mlbs of uranium @an average grade of 330ppm U3O8 compliant with the JORC code

+ Reguibat project contains one of the world’s larger calcrete uranium resources – confirming emerging uranium province

+ Continuous higher grade zones @or close to surface within resource areas

+ Potential for substantial increase to resource

+ Resource estimate independently prepared by Coffey Mining Ltd

+ Aura continues to deliver on strategy +on time ...
Thread: KOMMENTAR: Begrabt den Nemax50!

[Popeye82]

AIM Journal - FinnCap - Jul 14, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Sundance Resources - Proposal to Acquire 100% of Sundance from Hanlong Mining; @0.50 A$/Share - Jul 18, 2011
http://stocknessmonster.com/news-item?S=SDL&E=ASX&N=549271

[Popeye82]

Chaarat Gold - Operational Update - Jul 19, 2011

HL:

+ Contracts for the major infrastructure projects for road +power have been signed

+ Construction of the upgraded and expanded camps @site has begun

+ Drilling continues with up to eleven rigs in operation +more to be contracted

+ Total JORC compliant resource across the Chaarat Project, compiled by Wardell Armstrong International, now stands @4.736Moz, an increase of 7.5% from the announcement on 7 February ´11

+ Operational team @Chaarat continues to develop: Benoit de Galbert, Chief Operating Officer, is currently on leave from the Company +Chief Executive, Dekel Golan, is leading the operational team @Chaarat ...
http://chaarat.com/files/20110719_CGH_Operational_update.pdf

[Popeye82]

Prophecy Platinum - reports 1.04 million oz PGM+Gold Indicated +10.97 million oz PGM+Gold; 2.42 Billion lbs Ni, 2.23 Billion lbs Cu +191.3 Million lbs Co. Inferred for the Wellgreen Project, Yukon Territory, Canada - Jul 14, 2011
www.prophecyplat.com/news_2011_july14_prophecy_platinum_new_…

[Popeye82]

Woulfe Mining - Updates Resource in Top Quarter of Sangdong Project Mine Which Validates Fast Track Development; 5.968Mt @0.42% WO3 +0.04% MoS2 Indicated +18.572Mt @0.45% WO3 +0.05% MoS2 Inferred - Jul 18, 2011
http://finance.yahoo.com/news/Woulfe-Mining-Updates-ccn-2832…

[Popeye82]

MetroCoal - Columboola JV Announces Maiden Resource of 540 Mt - Jul 7, 2011

HL:

+ Maiden Inferred Resource of 540 Mt thermal coal established

+ Drilling has confirmed continuous +correlatable seams within the Macalister Seam Package

+ Three(3) potential working sections within the Macalister Seam package identified, MA1, MA3 &MA4

+ Drilling has also identified the potential for additional working sections in coal seam packages elsewhere in the Walloon Sub group +drilling continues to increase confidence

+ MetroCoal’s combined Total Thermal Coal Resource Increases to 1.46 Billion tonnes** inclusive of JV partner 51% share(see Table 1 on following page). ...
http://stocknessmonster.com/news-item?S=MTE&E=ASX&N=233210

[Popeye82]

Goldminex Resources - Signs Farm-in Agreement with Vale - Jul 18, 2011

HL:

+ Goldminex signs Farm-in Agreement with Vale for Owen Stanley Package focussed on copper

+ Vale to spend US$ 20 million under farm-in agreement

+ GMX to manage exploration activities in 1st year

+ Vale to reimburse exploration expenditure since February ´11

+ Joint Venture agreement enables Goldminex to retain 49% of all tenements or be free carried

+ Goldminex retains 100% of nickel interests +small precious metal prospects on all tenements

+ GMX retains ELA’s 1894 +1900 within Owen Stanley Ranges covering over 3,750 km2

+ Goldminex terminates 1.5% net smelter revenue Royalty Deed ...
http://stocknessmonster.com/news-item?S=GMX&E=ASX&N=357866

[Popeye82]

Shaw River Manganese - Executives appointed, in lead-up to start of Manganese Prod`n - Jul 11, 2011
http://stocknessmonster.com/news-item?S=SRR&E=ASX&N=548448

[Popeye82]

Iron Ore Holdings - Maiden Resource Estimate, @Maitland River Magnetite Project -310Million Tonnes @34.7% Fe - Jul 4, 2011

HL:

+ Maiden JORC compliant Mineral Resource completed for the Maitland River Project, located within 10km of the Pilbara coast.

+ The Inferred Mineral Resource is 310 million tonnes(Mt), with an average grade of 34.7% Fe @a 25% Fe cut-off grade.

+ The total IOH Mineral Resource is now more than 1 billion tonnes(Bt), including 709Mt from bedded +channel iron deposits, +310Mt from a magnetite deposit.

+ A Maitland River concept study including a metallurgical program will now be scoped. ...
http://stocknessmonster.com/news-item?S=IOH&E=ASX&N=547596

[Popeye82]

Rogue Resources - Acquires Kachelly Property, Secures Extension to 12 km Nat River Iron Formation - Jul 12, 2011
www.roguemining.com/s/news.asp?ReportID=466312


Rogue Resources Signs 10,000 Meter Drill Contract for Radio Hill Iron Ore Property; Radio Hill Project is located 85 km southwest of Timmins an area known for its excellent infrastructure +access to mining expertise, properties excellent location is complimented by its easy access to rail, with the southern portion of the project being transected by the CN Railway mainline; Drilling expected to be completed in ´11 +will culminate with an updated resource estimate on the Radio Hill historical resource* - Jul 14, 2011
www.roguemining.com/s/news.asp?ReportID=466793

[Popeye82]

Carbon Conscious - $190m Carbon Options more likely to be exercised - Jul 12, 2011
http://stocknessmonster.com/news-item?S=CCF&E=ASX&N=548638

[Popeye82]

Big Science: The 10 Most Ambitious Experiments in the Universe Today ; These ten awe-inspiring science projects range from the world's largest undersea observatory to the "ultimate microscope" to a Jupiter orbiter on a suicide mission--but they're all massive, often in both size +scope - PopSci - Jul 19, 2011
www.popsci.com/node/55609/?cmpid=enews072111

[Popeye82]

Strathmore Minerals - Targets Additional Gas Hills, Wyoming Mineral Potential of 35 to 68 Million Pounds U308, With Completion of Initial NI 43-101 Technical Report - Jul 21, 2011
www.marketwire.com/press-release/strathmore-targets-addition…

[Popeye82]

Horizonte Minerals Plc - Araguaia Drill Results - Jul 21, 2011

HL:

+ Best intersection of 2.25% nickel(„Ni‟) over 17.3 metres from infill drilling, @Pequizeiro target

+ Other high grade intersections include:

- 15.6 metres grading 1.97% Ni,
- 13.8 metres grading 1.96% Ni
- 19.6 metres grading 1.84% Ni

+ 327 drill holes totalling 8,364 metres completed to date in the 20,000 metre drilling programme

+ Resource drilling programme on target to deliver resource update in Q4 ´11

+ Wardell-Armstrong appointed to complete a Preliminary Economic Assessment by end of Q1 ´12

+ Second drilling contractor, Boart Longyear, commenced drilling in May ´11 – currently a total of six drilling rigs are in operation ...
http://horizonteminerals.com/news/2011-07-21_araguaia_drill_…

[Popeye82]

Formation Metals - Begins Earthworks Construction, @Idaho Cobalt Project Mine Site; CEO: "We knew it was only a matter of time, but it is still very gratifying to see heavy equipment turning dirt @the mine site. Getting a start on the portal bench now will help keep us on that critical path to production for Q2 of next year." - July 26, 2011
http://tmx.quotemedia.com/article.php?newsid=43255213&qm_sym…

[Popeye82]

Mining Summary - LC - Jul 26, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Quickstep Holdings - Receives 1st Purchase Order for F35 Fighter Parts - Jul 21, 2011

HL:

+ 1st Purchase Order received for F-35 Lightning II fighter components, covering Group 1 F-35 composite parts.

+ Purchase Order follows successfully gaining Qualified Producers List “QPL” status from Northrop Grumman Corporation(NYSE: NOC), by successfully demonstrating production readiness for Group 1 F-35 manufactured parts.

+ QPL achieved ahead of schedule agreed in November ´09 MoU signed with Lockheed Martin +Northrop Grumman +as per the terms +conditions of the Long Term Agreement(LTA) signed in February ´11.
http://stocknessmonster.com/news-item?S=QHL&E=ASX&N=549744

[Popeye82]

Kivalliq Energy - New Discovery Expands Resource Potential; Western Extension Zone Identified 850 Metres From Lac Cinquante Deposit - Jul 21, 2011

+ Two core rigs are currently drilling @Lac Cinquante Western Extension

+ 16/17 holes drilled @Lac Cinquante Western Extension have intersected highly radioactive shear zone

+ Zone drilled over 200 metres strike length &down to 250 metres

+ Target remains open along strike &to depth

+ Assays are pending


´11 Angilak Property Exploration Program

+ Up to 35,000 metres, with two diamond drill core rigs &one reverse circulation("RC") rig, focused on expanding the high grade Lac Cinquante resource &testing new target areas across the property

+ Combination of airborne(4,000 line kilometres) &ground geophysical surveys(1250 line kilometres)

+ Continued prospecting

+ Ongoing modeling, geological &environmental studies

+ Continued emphasis on community consultation

+ Infrastructure expansion for improved logistics &to handle additional staff &equipment

+ Revision &upgrade of current inferred NI 43-101 resource by Q2 ´12 ...
www.marketwire.com/press-release/kivalliq-energy-corporation…

[Popeye82]

MicroVision - Unveils SHOWWX+ HDMI for Mobile Big-Screen Sharing +Visual Collaboration; Expanded compatibility to growing device ecosystem +large, focus-free viewing experience unlock the potential of mobile devices for collaboration +entertainment - Jul 14, 2011
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…" target="_blank" rel="nofollow ugc noopener">http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…



MicroVision Announces Contract with a Major Automobile Manufacturer , to Develop In-Vehicle Head-Up Display; offering a clear path toward commercialization of its PicoHUD technology inside a mass production car model, targeted for introduction in ´14 - Jul 21, 2011
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…

[Popeye82]

Tournigan Energy - Increases Indicated Resource @Kuriskova by 39%, to 28.5 Million Pounds of U3O8 - Apr 26, 2011

HL:

+ About 7.9 million pounds of U3O8 have been added to the Indicated Resource category, increasing the Indicated Resource by 39% to 28.5 million pounds of U3O8;

+ Overall the uranium oxide contained in the Kuriskova deposit has increased by 3.1 million pounds of U3O8 and now comprises 28.5 million pounds @0.555% U3O8 in the Indicated Resource &an additional 12.7 million pounds in Inferred Resource @0.185% U3O8; &

+ Kuriskova remains one of the highest grade known uranium deposits in the world outside of Canada's Athabasca Basin. ...
www.tournigan.com/s/NewsReleases.asp?ReportID=453221&_Type=N…

[Popeye82]

Klondex Mines - Reports Solid Progress @Fire Creek Nevada Gold Deposit; 1,367 Feet of Underground Workings &5,500 Feet of Surface Drilling Completed This Season; P/CEO: "This is an extremely exciting time for Klondex &Fire Creek, as an unprecedented level of exploration and development activity for the Company is underway. We have built a strong &efficient team to manage &execute these efforts using a mix of Klondex staff &experienced mining, engineering, exploration, permitting &construction consultants &contractors. Our underground mining contractor SMD is working 24-hours per day with two shifts, giving us confidence in reaching our stated goals for infill drilling &bulk sampling activities this year. The start of our surface exploration program was delayed several weeks, but we now have three drill rigs working on site &are confident we can complete our full plan. A reverse circulation(RC) rig &a diamond core rig have commenced initial drilling, &a directional drill rig started their program this past weekend." - Jul 26, 2011
http://finance.yahoo.com/news/Klondex-Mines-Reports-Solid-bw…

[Popeye82]

Black Iron - Concludes Twin Hole Program Intersecting Iron Grades Exceeding 32%; they align very well with the historical drill hole data for the Project. Additional assay results are still expected over the coming six to eight weeks. With the conclusion of the twin hole program, Black Iron now has sufficient drill core to complete its metallurgical test work program which has already been initiated; COO: "We have now successfully completed the confirmatory drill work with additional assay results to be received from the lab on an ongoing basis. We are now working closely with our laboratories Mekhanobrchermet in Ukraine +SGS Lakefield in Canada to complete the required metallurgical test work with input from our consultants BBA Inc. +Hatch Ltd., as well as the Ukrainian mining design group Yuzhgiproruda, to deliver the preliminary economic assessment("PEA") for Shymanivske. Our project development timeline remains on schedule +we anticipate being able to deliver the PEA in the 4th quarter of ´11" - Jul 20, 2011
www.marketwire.com/press-release/black-iron-concludes-twin-h…

[Popeye82]

Reed Resources - Mount Marion Lithium - Mineral Resource Upgrade; 38% increase; total resources now 14.9Mt @1.3% Li2O for 201,000 tonnes of contained lithium oxide(Li2O) - Jul 22, 2011

HL:

+ A 3rd phase of resource definition drilling confirms high-grade pegmatites @the No 4. Deposit &@ a new location - the Area 6 Prospect.

+ Average intercepts of high-grade mineralisation for these two areas is 9.5m @1.44% Li2O &1.18 % Fe2O3, using 0.4% Li2O lower cut-off grade.

+ Final phase of resource definition drilling deferred pending mining assessment of new Area 6 Prospect – the Project’s highest grade resource. ...
http://stocknessmonster.com/news-item?S=RDR&E=ASX&N=549889

[Popeye82]

New Age Exploration - Successful Acquisition of 1st Colombian Coking Coal Project - Jul 27, 2011

HL:

+ NAE‐Aurora Partnership completes acquisition of its 1st coking coal project ‐ 100% of the 1,466 hectare concession application JBI‐11091 located within the Subachoque Syncline

+ Initial payments of US$250,000(staged over 8 months) to secure the concession

+ JORC Conceptual Exploration Target estimate of 20 ‐ 40 Mt high quality medium volatile coking coal

+ Positions NAE in the Subachoque Syncline which is highly prospective for hard coking coal

+ Acquisition is NAE’s 3rd project in three months, demonstrating the Company’s focused strategy to build a significant portfolio of Colombian Coal assets ...
http://stocknessmonster.com/news-item?S=NAE&E=ASX&N=358256

[Popeye82]

Centaurus Metals - Strategic Alliance Formed With Atlas Iron; Leading iron ore producer to acquire a 19.9% stake in Centaurus through $18.7M placement; CTM MD: "Entering into a strategic alliance with a well-respected &proven iron ore producer such as Atlas is a very positive step as we move to become an iron ore producer over the next two years. The decision by Atlas to take up a strategic shareholding in Centaurus reflects the fact that it sees a lot of parallels between our business today &its business several years ago. Centaurus has an excellent suite of projects that have the potential to generate very significant cash flows for a modest capital investment, &Atlas has clearly recognised this potential. Having Atlas as a major shareholder positions Centaurus for its transition to an iron ore producer, from both our Export &Domestic projects in Brazil, &with Atlas’ support we hope to replicate the sort of growth &success that Atlas has been able to achieve.", AGO MD: "We are very pleased to have secured an investment in Centaurus as they progress the development of their Brazilian iron ore assets, giving us exposure to an exciting emerging iron ore business in one of the world’s great iron ore provinces. The investment provides us with great exposure to a very well managed business that is poised to make the progression from iron ore explorer &developer to a producer. As part of our strategic alliance, we will provide technical advice &assistance to help Centaurus realise the full potential of its asset base &unlock substantial cash flows over the next few years." - Jul 27, 2011

Centaurus intends to use the funds raised from the Placement for the following purposes:

+ completion of a Feasibility Study &approval processes @the Jambreiro Iron Ore Project;

+ accelerated exploration &development of the export-focused Serra Do Lontra Project;

+ securing port capacity to assist in the development of the planned future export business;

+ ongoing exploration &review of new project opportunities to support the Company’s planned iron ore export business from Brazil; &

+ general working capital. ...
http://stocknessmonster.com/news-item?S=CTM&E=ASX&N=550378

[Popeye82]

Winmar Resources - Resource Base Increases -70% - Jul 21, 2011

HL:

+ New Global Inferred Resource Estimate for Winmar -241.6mt @54.3% Fe(57.6% CaFe)

+ 70% increase from June ´10 estimate, 2% Fe improvement in CaFe grade

+ Main CID Zone comprises 169.3mt @55.6% Fe(59.0% CaFe)

+ Mineralisation remains open, further increases expected

+ Revised Project Exploration Target of 350 – 400mt @54 – 56% Fe ...
http://stocknessmonster.com/news-item?S=WFE&E=ASX&N=641451

[Popeye82]

Diamond Fields International - Red Sea Silver/Zinc/Copper Polymetallic Deposit Becomes 1st Marine SEDEX in History in the world to have 3rd Party National Instrument 43-101 Resource Report Completed; CEO: "This is a mining 1st. Combined with the substantial data DFI already has on the Atlantis II deposit +the Company's experience as one of only a handful of companies to commercially mine the oceans, uniquely places Diamond Fields to develop the Atlantis II deposit. Together with its joint venture partner Manafa International of Saudi Arabia, the Company now moves to the feasibility +financing stages of developing this world-class marine deposit."; DFI +Manafa are in financing discussions with institutions +funds in Canada, Europe +the middle-east that have expressed an interest in the project. As operator +majority interest holder, DFI has begun a pre-feasibility study, including discussions with 3rd parties for additional coring that will penetrate beyond the uppermost, sampled layers of the deposit, +permit a complete assessment of the poly-metallic value of the ore body - Jul 26, 2011
http://finance.yahoo.com/news/DFIs-Red-Sea-SilverZincCopper-…

[Popeye82]

Latin Resources - Exploration Update - Guadalupito &Ilo Norte Peru - May 9/10, 2011

HL:

Guadalupito

+ Conceptual exploration target mass doubled to >2 billion tonnes based on initial testing of drilling equipment that confirms heavy mineral presence(including magnetite) to 20m below surface.

+ Drilling permit approved for Guadalupito

+ Surface pit sampling program well advanced over the Southern half of the concessions – 17 lines sampled each 1 km apart with pits approximately every 100 m along each line for a total of 221 pits to date.

+Pitting to continue over the remaining concession areas in addition to infill where appropriate in the South.

+ Samples from pits have been progressively submitted to laboratory for analysis with initial analytical results expected by end May.


Ilo Norte

+ Reverse Circulation drilling program approaching completion.

+ 8 holes have been completed to depths in excess of 300 m.

+ Booster compressors have been used to deepen some holes that terminated in mineralisation @the standard rig’s maximum depth capacity.

+ Magnetite mineralisation has been observed in all 8 holes in mineralised skarn units up to 300m thick.

+ Samples have been riffle split @the rig to represent 2 m intervals &will be submitted together for laboratory analysis @the completion of drilling(imminent). Initial analytical results are expected by end May. ...
http://stocknessmonster.com/news-item?S=LRS&E=ASX&N=540964
http://stocknessmonster.com/news-item?S=LRS&E=ASX&N=541190

[Popeye82]

Quantum Rare Earth Developments - Intercepts 54.13 M of 1.17% Nb2O5 +up to 235.22 m of 0.73% Nb2O5 +0.43% TREO* in Nebraska Drilling; Heavy Rare Earth Oxide Enrichment Encountered in Niobium Zone - Jul 27, 2011
www.marketwire.com/press-release/quantum-rare-earth-developm…

[Popeye82]

Alexco Resource - Announces Initial Resource Estimates for Lucky Queen +Onek; ~12.5Mio Oz @~700g/t Ag +Au, Pb+Zn; CEO: "The results from Lucky Queen +Onek significantly expand Alexco's resource base within the Keno Hill Silver District, giving us additional strategic flexibility as we look to grow our District mining operations beyond the currently-producing Bellekeno mine. The identification of Lucky Queen as a new high-grade silver resource is very important to our future development plans in the eastern portion of the District, +we've already initiated rehabilitation of the historical Lucky Queen 500 Level portal." - Jul 27, 2011
www.marketwire.com/press-release/alexco-announces-initial-re…

[Popeye82]

Black Iron - Reports Three Additional Twin Holes With Iron Grades Exceeding 32% - Jul 27, 2011

HL:

+ Assay Results from Three Additional Twin Holes @Shymanivske Continue to Confirm Iron Content &Align Well With Historic Reported Results

+ All Three Holes Intersected Thick Iron Bands With Iron Grades Exceeding 32%

+ Hole 21707-T Intersected 163 Meters Grading 33.4% Iron, Including 107 Meters Grading 34.8% ...
www.marketwire.com/press-release/black-iron-reports-three-ad…

[Popeye82]

Carbon Market News - PC - Jul 26, 2011
www.pointcarbon.com

"Today's headlines

*US lawmakers aim to slash international climate aid
*INTERVIEW-Low-carbon bond market seen at $1 trln by 2021
*FOCUS: Early EUA auction to taint phase two liquidity?
*IFC closes €150m post-2012 CDM fund
*EUAs ease in rangebound trade, eyes on economy
*Russian President wants JI approvals without tenders
*Capped EU emitters cut GHGs 8.3%, says Brussels
*Japan to abolish CDM subsidy programme "

[Popeye82]

Apollo Minerals - Positive Drill &Metallurgical Results Received Mt Oscar - Jul 14, 2011

HL:

+ Results from recent drilling indicate significant tonnages of magnetite &itabirite @Mount Oscar, with up to 112m @ 33.9% Fe from 66m in OSRC007.

+ Inclusion of both styles of mineralisation has the potential to increase the strike length from 6km to 11km.

+ Test work shows that magnetite from Unit A is capable of producing saleable product ie >60% Fe, <8%(Al2O3 + SiO2).

+ Significant DTR intercepts include:

- 40m(from 116m) @a grade of 62.3% Fe, 0.8% Al2O3, 10.7% SiO2, 0.03% P &0.09% S from OSRC006, &
- 30m(from 166m) @a grade of 66.2% Fe, 0.2% Al2O3, 5.9% SiO2, 0.02% P &0.02% S from OSRC006.


+ Flotation tests produced a concentrate grade of 64.5% Fe, 0.5% Al2O3, 7.0% SiO2 @P80 45μm from OSRC007.

+ Potential to produce saleable concentrates @even coarser grinds.

+ Opportunities identified to further improve product qualities &mass yields via capture of iron oxides including haematite &goethite(itabirite).

+ Discussions with Chinese steel mills &traders suggest an opportunity to produce lower cost, saleable pre-concentrates. ...
http://stocknessmonster.com/news-item?S=AON&E=ASX&N=640803

[Popeye82]

GLG Life Tech - Announces AN0C Business Update: 27 Million Bottles Sold in 1st Three Months in China - Jul 27, 2011
http://finance.yahoo.com/news/GLG-Life-Tech-Corporation-pz-4…

[Popeye82]

mPhase Technologies - Completes 2nd Prototype of New Automotive Product Using Advanced Battery Technology - Jul 27, 2011
http://finance.yahoo.com/news/mPhase-Completes-2nd-iw-176209…

[Popeye82]

Potash Sector Report - FS - Jul 21, 2011
www.southbouldermines.com.au/images/uploads/110722_Foster_St…

[Popeye82]

Segue Resources - Acquires South African Manganese Project - Jul 6, 2011

HL:

+ Segue has entered into an agreement to acquire up to 51% of the Emang Manganese Project in the Postmasburg Manganese Field in South Africa

+ Exploration target of 45-60Mt with a cut-off grade of 28-48% manganese1 which may be amenable to open pit mining

+ Manganese ore was produced from the Project area until the 1980’s &several mines in close proximity have recently commenced operations

+ Located close to infrastructure, including rail line &siding within 2kms of the project, water pipeline, main arterial roads &power surrounding the area

+ Segue is partnering with Emang Mmogo Mining, an experienced Black Economic Empowerment Group

+ Acquisition consideration includes exploration expenditure of ZAR14m(A$1.94m)2 &completion of a Bankable Feasibility Study @a cost of up to ZAR21m(A$2.90m)

+ Capital raising being undertaken to finance the initial payment to Emang Mmogo Mining &exploration expenditure ...
http://stocknessmonster.com/news-item?S=SEG&E=ASX&N=548000

[Popeye82]

Mining Summary - LC - Jun 27, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Hathor Exploration - intersects 52 m @2.40 % U308, including 9.5 m @5.61 % U308 +Confirms Potential for Far East Zone as Roughrider Drilling Continues - Jul 26, 2011
http://finance.yahoo.com/news/Hathor-intersects-52-m-at-240-…

[Popeye82]

Blue Sky Uranium - Presents Uranium Discovery @International Atomic Energy Agency Conference - Jul 27, 2011
www.kitco.com/pr/2074/article_07272011095428.pdf
www.blueskyuranium.com/i/pdf/IAEA-slide-show-2PG.pdf
www.blueskyuranium.com/i/pdf/IAEA-Paper.pdf

[Popeye82]

Mountain Lake Resources - More results from 25,000m program show resource potential, @Leprechaun - Jul 27, 2011
www.mountain-lake.com/2011_MOA_News/MOA_NR_07-27-11_VL-Resul…

[Popeye82]

Shaw River Resources - Drilling Highlights Ghana Potential - Jul 21, 2011
http://stocknessmonster.com/news-item?S=SRR&E=ASX&N=549706

[Popeye82]

Azure Minerals - San Francisco maiden JORC Resource project moves forward - Jun 14, 2011

HL:

+ Maiden JORC Mineral Resource of 1,045,000 tonnes grading 30% Mn1

+ Significant potential for resource expansion - Exploration Target of additional 2 million tonnes to 4 million tonnes @30% Mn to 40% Mn2

+ Excellent metallurgical results - simple beneficiation process produces a premium export standard product of +43% Mn

+ Road transport &port infrastructure immediately available for San Francisco, including bulk mineral loading facilities with spare capacity at the nearby Manzanillo Port, Mexico’s largest deep-water Pacific port

+ Acquisition terms renegotiated with majority of payments delayed until after expected commencement of production &cash flow ...
http://stocknessmonster.com/news-item?S=AZS&E=ASX&N=545247

[Popeye82]

Analysts: Senate plan saves $2.2 trillion - AP/FY, WASHINGTON - Jul 27, 2011

- Andrew Taylor -
http://finance.yahoo.com/news/Boehner-rewriting-debt-limit-a…

"Six days away from a potentially calamitous government default, House Republicans on Wednesday appeared to be slowly coalescing around a plan by House Speaker John Boehner to avert the debt crisis -- a plan Boehner was still retooling to increase its complement of spending cuts. But Senate Democrats insisted the short-term solution Republicans were crafting would leave the economy on shaky footing.


Each side claimed the moral high ground as a new day of jockeying over to how to end the debt crisis began. And budget analysts suggested both sides had been over-promising how much in spending cuts their rival plans would deliver.

Boehner, R-Ohio, set out to rework his plan after nonpartisan analysts from the Congressional Budget Office said it would cut spending less than advertised -- about $850 billion over 10 years rather than the $1.2 trillion initially promised. GOP leaders planned a House vote Thursday on the reworked plan.

"We're moving in his direction in a big way today," Rep. Mike Rogers, R-Mich., said of Boehner's plan. Rogers and others cited changes being made in the bill to make sure spending cuts exceed added borrowing authority, and the fact that the House will soon vote on a balanced budget plan.

Senate Republican Leader Mitch McConnell said only Boehner's plan would resolve the crisis "in a way that will allow us to avoid default without raising taxes and to cut spending budget gimmicks."

A rival proposal offered by Senate Majority Leader Harry Reid, D-Nev., would deliver savings of a little more than $2 trillion, a half-trillion less than promised but still more than under Boehner's plan, budget analysts reported.

Reid said Boehner's original plan was so weak that it "didn't even have the support of Republicans in his own chamber."

"A short-term solution is not an adequate solution for our economy," Reid said. "It's not Democrats who have asked for a long-term solution. It's the economy. The economy has demanded it."

House Democrats, for their part, said Obama should invoke a little-known constitutional provision to prevent the nation from going into default if Congress fails to come up with a plan to raise the debt ceiling.

Rep. James Clyburn, a member of the Democratic leadership, said he told fellow Democrats on Wednesday that Obama should both veto the House GOP plan for a short-term extension of the debt ceiling and invoke the 14th amendment, which says that the validity of the nation's public debt "shall not be questioned."

The White House has rejected resorting to this tactic to keep the nation from defaulting. But Democratic Caucus chairman John Larson said that with only days left before Treasury's borrowing authority lapses, "we have to have a failsafe mechanism."

Amid all the heated rhetoric, the differences between the sides were narrowing.

Boehner's plan represents significant movement from a bill the House passed last week, this one requiring less of the long-term spending cuts that had made Democrats balk. And Reid no longer is insisting on having tax increases, anathema to Republicans, as part of any plan to cut deficits.

Boehner needs to do more than pump up the legislation, however. He has to shore up his standing with tea party-backed conservatives demanding deeper spending cuts to accompany an almost $1 trillion increase in the government's borrowing cap. Many conservatives already had promised to oppose it.

Rep. Bill Huizenga, R-Mich., said he remained undecided, but predicted that the reworked Boehner plan was "about as good as it's going to get. That's a pretty strong argument."

"It's much less than I would like," said Rep. John Fleming, R-La., but he said he doubted Republicans would get the spending cuts they want "until we get a new president. So I'm willing to take something less than I would otherwise."

Several lawmakers leaving the meeting said there was clear momentum for Boehner.

Unless he can wrestle the situation under control, Boehner risks losing leverage in his dealing with Obama and the Democrats who control the Senate.

Boehner's original plan was not winning converts among some stalwart conservatives. It prompted Reid to declare that the bill was destined to fail in the Senate and it drew a White House veto threat. But it was nevertheless framing the debate over how to reduce long-term deficits while raising the debt ceiling.

Tuesday's CBO analysis said the GOP measure would cut the deficit by about $850 billion over 10 years, not the $1.2 trillion originally promised. Even more embarrassing was a CBO finding that the measure, which would provide a $900 billion increase in the nation's borrowing cap, would generate just a $1 billion deficit cut over the coming year.

Boehner's plan would couple budget savings gleaned from 10 years of curbs on agency budgets with a two-track plan for increasing the government's borrowing cap by up to $2.7 trillion. The first increase of $900 billion would take effect immediately; the second increase could be awarded only after the recommendations of a special bipartisan congressional panel are enacted into law.

The White House says Boehner's measure would reopen the delicate and crucial debt discussions to unending political pressure during next year's campaigns and risk more uncertainty in the markets.

Reid promised that Boehner's measure would never make it through the Democratic-controlled Senate.

Reid held back on forcing a vote on his competing measure, which he unveiled Monday to poor reviews from Republicans, including McConnell of Kentucky. Reid appears to hope that his measure, which promises $2.7 trillion in spending cuts and would increase the debt limit enough to keep the government afloat past the 2012 elections, could emerge as the last viable option standing and could be modified with input from Republicans.

Those same Republicans blasted Reid's bill for $1 trillion in war-related savings, calling the projections phony.

One area of potential compromise could be how to treat the findings of a bipartisan congressional commission to identify further deficit reductions, especially in major health care programs such as Medicare and Medicaid. Both Reid and Boehner support the idea, though Boehner wants to make a future increase in the debt limit contingent on the proposed additional cuts being enacted into law.

Meanwhile, the clock was ticking down to next Tuesday's deadline to continue the government's borrowing powers and avert possible defaults on U.S. loans and obligations, like $23 billion worth of Social Security payments due Aug. 3. The Capitol's telephones were jammed after Obama urged the public to contact their representatives in his Monday night address.

Conservative bloggers and groups like the Club for Growth, which funds primary campaigns against Republicans it deems too squishy in their conservatism, denounced Boehner's bill as too weak. The U.S. Chamber of Commerce, closer to the GOP mainstream, urged support.

While Boehner searched for votes, some Americans seemed to edge closer to the notion that the Aug. 2 deadline might pass without a solution. The stock market fell again, although not dramatically. California planned to borrow about $5 billion from private investors as a hedge against a possible federal government default.

The White House spoke with veterans groups about what might happen to their benefits if a deal isn't reached. Obama has said he can't guarantee that Social Security checks and payments to veterans and the disabled would go out on schedule.

Freshman Rep. Trey Gowdy, R-S.C., bristled at the idea that tea party-influenced newcomers are sheep-like ideologues willing to risk default.

"We're not a bunch of knuckle-dragging, mouth-breathing Neanderthals ," Gowdy said. "We're interested in answering what we perceive to be the mandate, which is to stop the spending and change the way Washington handles money."

Gowdy said he was leaning against Boehner's proposal. "

[Popeye82]

Fission Energy - Waterbury Lake Winter ´11 Drill Assays Delineate J Zone Increase over 300% Strike Length from ´10 - Jul 26, 2011
http://finance.yahoo.com/news/Fission-Energy-Corp-Waterbury-…

[Popeye82]

Medusa Mining - resource update July ´11; increased Global Resources @its Co-O Mine by 30%, to 1,960,000Ounces @9.6g/t Au; Company will be revising the Conceptual Exploration Target size for the Co-O Mine; continues work with five underground +six surface rigs - Jul 27, 2011
www.kitco.com/pr/frame/index_prec.html?http://www.kitco.com/…

[Popeye82]

Australian OnShore Unconventional Oil &Gas Boom - MPS - Jun 6, 2011

- Barry Dawes -
www.mpsecurities.com.au/uploads/201.pdf

[Popeye82]

Talon Metals - Announces a 7.8km Extension of Drilled Mineralization on Target AreaIII, @the Trairão Iron Project; NI 43-101 Mineral Resource Estimate for Target AreaIII Expected in Augus - Jul 27, 2011
http://finance.yahoo.com/news/Talon-Metals-Announces-7-8-KM-…

[Popeye82]

Scandinavian Resources - Kiruna Iron Project - Update - Jul 13, 2011

HL:

Rakkuri Project (located 6km south of Kiruna)

+ Drilling(13 holes) has identified extensions to known iron mineralisation &confirmed historic intercepts

+ Exploration hole intercepts include:

- RAK11002 - 138m @29% Fe from 84m
- RJO11003 - 46m @31% Fe from 266m
- RJO11001 - 45m @36% Fe from 121m
- RJO11001 - 23m @43% Fe from 88m


+ Twin hole intercepts include:

- RAK11005 - 65m @21% Fe from 142m
- RJO11002 - 39m @37% Fe from 327m
- RJO11002 - 25m @51% Fe from 213m
- RJO11002 - 17m @47% Fe from 301m


+ Metallurgical test work in progress

+ Environmental &social impact studies in progress

+ Exploitation concession application to be lodged ´12 Sautusvaara Project(located 20km east of Kiruna)

+ Drilling(5 holes) has identified extensions to known iron mineralisation &confirmed historic intercepts

+ Twin hole intercepts include:

- SAU11002 - 112m @42% Fe from 156m


+ Exploration hole intercepts include:

- SAU11003 - 19m @28% Fe from 131m
- SAU11004 - 40m @39% Fe from 44m


+ Metallurgical test work in progress


Renhagen &Harrejaure Projects(located 30km west of Kiruna)

+ Drilling in progress(9 holes completed); assays pending


Kiruna Iron Project JORC Resource Updates

+ 1st Update scheduled for end of July ´11 covering Rakkurijärvi, Rakkurijoki, Rakkurijärvi-Discovery Zone(Fe, Cu &Au), Vieto, Sautusvaara, Ekströmsberg &Tjårrojåkka ...
http://stocknessmonster.com/news-item?S=SCR&E=ASX&N=548822

[Popeye82]

Wavenet International - Acquires Polymetallic Project - Jul 26, 2011

HL:

Putussibau Project

+ WAL signs a MOU for acquisition of the Putussibau Polymetallic Project in West Kalimantan, Indonesia

+ The MOU was signed on 14th July with PT Kilau Borneo of Pontianak, West Kalimantan

+ Due diligence will include testing by diamond drilling

+ Surface sampling to date has returned high grades of gold, silver, copper &lead in @least seven vein structures.

+ Average assays of 24 samples from 7 vein systems were: 20.9 g/t gold, 21.5 g/t silver, 7.8% copper &6.3% lead

+ All the elements of a classic mineralized epithermal setting are present. These include widespread hydrothermal alteration &silicification, fault breccias &quartz veins in a volcaniclastic sequence associated with a large andesite intrusion ...
http://stocknessmonster.com/news-item?S=WAL&E=ASX&N=550462

[Popeye82]

Syngas - signs deal with major Chinese industrial, a top-200 listed Chinese company - Jul 27, 2011

HL:

+ Energy company Syngas signs a Letter of Intent with major Chinese industrial company Kailuan Energy Chemical Co Ltd

+ Agreement aims for strategic collaboration across Syngas’ suite of above ground coal-to-liquid &renewable Biomass-to-power projects in Australia ...
http://stocknessmonster.com/news-item?S=SYS&E=ASX&N=550469
http://stocknessmonster.com/news-item?S=SYS&E=ASX&N=550472

[Popeye82]

Tsodilo Resources - Dr. Murray W. Hitzman Joins Tsodilo Resources Limited Board of Directors; Dr. Hitzman is one of the world's foremost authorities on Iron Oxide Copper-Gold(IOCG) deposits. In ´92, Dr. Hitzman co-authored the seminal paper on IOCGs prior to publishing one of the 1st papers on the origin of the giant Olympic Dam IOCG deposit in ´93; Following a recent on-site examination of the Company's core @its facility in Maun, Botswana, Dr. Hitzman, concluded that "the Tsodilo property in northwest Botswana holds incredible potential for the near term discovery of valuable iron, copper, gold, &uranium resources. I very much look forward to working with Tsodilo's management to unlock the value of this exciting area.", C/CEO: "With his world-class expertise on IOCG complexes &his extensive knowledge of the Copperbelt(Zambia &Democratic Republic of Congo) as well as having a distinguished international reputation as an economic geologist amongst major mining companies, Dr. Hitzman is a very significant addition to Tsodilo. Dr. Hitzman's knowledge &experience will play a key role as we move into our PhaseII exploration program &begin to define our various mineral deposits, it is a very exciting time for the Company &I am excited to have Dr. Hitzman on board as we go forward" - Jul 22, 2011
www.tsodiloresources.com/s/NewsReleases.asp?ReportID=468296&…

[Popeye82]

Wavefront Technology Solutions - Powerwave Adds Economic Benefit to Coleville Operations 44 Barrels of Incremental Oil Production Per Day; a 50% increase above pre-Powerwave base line production; P/CEO: "Powerwave consistently provides access by-passed oil, slows the rate of production decline, &adds economic value to mature assets without the need to rely solely on the drill bit to increase proven reserves. We are very pleased with initial results @Coleville &similar to Wavefront's other North American Powerwave projects we expect the economic benefits @Coleville to improve with time." - Jul 27, 2011
www.marketwire.com/press-release/wavefront-technology-soluti…

[Popeye82]

Critical Elements - The Rose Deposit is One of the Largest Resources of "Conflict Free" Tantalum , With a New Indicated Resource of 26,500,000 Tonnes @1.30% Li2O Eq or 0.98% Li2O &163 ppm Ta2O5; indicated resource represents an increase of 131% in tonnage, 129% in Ta2O5 &69% in Li2O, new inferred resources represent an increase of 393% in tonnage, 418% in Ta2O5 &234 % in Li2O - Jul 27, 2011
http://finance.yahoo.com/news/Critical-Elements-The-Rose-ccn…" target="_blank" rel="nofollow ugc noopener">http://finance.yahoo.com/news/Critical-Elements-The-Rose-ccn…
http://media3.marketwire.com/docs/CRE_ROSE_NI43-101_ENG_2.pd…

[Popeye82]

ZYL - Acquisition of Additional Metallurgical Coal Project - Jul 28, 2011

HL:

+ ZYL has the right to acquire up to 56% in an additional metallurgical coal asset, the Southern Anthracite Project

+ The Southern Anthracite Project is located approximately 25km south of ZYL’s existing Kangwane Anthracite asset &the two are considered highly complementary

+ The historical drilling &exploration program conducted on the Southern Anthracite Project was predominantly performed by preeminent South African geological firm “Mining Corporation Limited”

+ Previous drilling identified fourteen coal seams with thicknesses up to 3.34m

+ Exploration target of between 90Mt &190Mt1 @an expected unwashed calorific value range of 22MJ/kg to 28MJ/kg ...
http://stocknessmonster.com/news-item?S=ZYL&E=ASX&N=550625
www.zyllimited.com.au/images/stories/ZYL_Initiation_110718.p…

[Popeye82]

Mining Summary - LC - Jul 28, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Beaufield Resources - Reports Assays From Twenty-Eight Holes From Tortigny - Jul 27, 2011

HL:

+ 47 holes totalling 11,393 metres completed on Tortigny

+ 11.51% Zn; 4.77% Cu; 126.06 g/t Ag &0.64 g/t Au over 33.50 in hole TO-11-33

+ 14.90% Zn; 6.87% Cu; 159.28 g/t Ag 0.84 g/t Au over 23.00 metres in hole TO-11-42

+ NI 43-101 resource calculation being completed ...
http://finance.yahoo.com/news/Beaufield-Reports-Assays-From-…

[Popeye82]

Central Petroleum - UCG Independent Valuation Bakers Group -NPV10 ranges from 2.06 -293.35$ Billion - Jul 11, 2011
http://stocknessmonster.com/news-item?S=CTP&E=ASX&N=547652
www.centralpetroleum.com.au/files/downloads/asset_overview_-…

[Popeye82]

Sacandinavian Resources - JORC Resources Significantly Exceed Targets - Jul 29, 2011

HL:

+ 412 Mt @39% Fe JORC Resource

+ 150 –230 Mt @30 –40% Fe JORC Exploration Target1

+ 15Mt @0.46% Cu JORC Resource

+ Updated global JORC Resource scheduled for Q4 ´11

+ Successful exploration, joint venture +exploration strategy firmly entrenches Scandinavian Resources Limited in the world class Kiruna Iron District ...
www.scandinavianresources.com/reports/302-110727-Kiruna-Iron…

[Popeye82]

Donner Metals - Sandstorm Metals &Energy Acquires Copper Stream, Natural Gas Stream &Launches a CDN$25 Million Equity Financing - Jul 13, 2011
http://finance.yahoo.com/news/Donner-Metals-Ltd-Sandstorm-cc…

[Popeye82]

Der Tenbagger; Ausschließlich 1.000%-Chancen -und sonst NICHTS
www.investor-verlag.de/produkte/ten/

[Popeye82]

MagIndustries - Announces Completion of Take-Over Bid by Evergreen Resources Holding(BVI) Ltd. &New Board of Directors - Jul 28, 2011
www.marketwire.com/press-release/magindustries-corp-announce…

[Popeye82]

Formation Metals - Receives Commitment for Financing of Idaho Cobalt Project - Jul 29, 2011
www.marketwire.com/press-release/formation-metals-receives-c…

[Popeye82]

Jim Rogers – Debt Debate A Charade; Deal Imminent; U.S. will still Spend &Drive Debt
www.youtube.com/embed/RXr_Umid8Rc

[Popeye82]

Mining Summary - LC - Jul 29, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Goldaktien; Die 5 besten Goldaktien der Welt! -Nur hier und vollständig kostenlos
www.investoridee.de

[Popeye82]

Rock Tech Lithium - Enters Into MOU with BNA, BZA &AZA 1st Nations - Jul 14, 2011
www.rocktechlithium.com/news/2011-07-14/

[Popeye82]

Andover Ventures - Reports 16.5 Meter Intercept of 6.6 % Copper Equivalent in Initial Results From The ´11 Drill Program, @Sun Property Alaska; GM: "Drill hole Sun11-24 was drilled into the heart of the Sun Deposit &filled an area of the deposit that had received almost no historical drilling. The results confirm the grade, thickness &continuity of the deposit through this important zone.", B.K. Jones: "The Sun11-24 is an amazing drill intercept, one of the best I have ever seen. " - Jul 27, 2011
http://finance.yahoo.com/news/Andover-Reports-16-5-Meter-iw-…

[Popeye82]

Digital Energy Journal - Issue31 - Jun11
http://c183554.r54.cf1.rackcdn.com/DEJ31webb.pdf

[Popeye82]

Fission Energy - Fission/ESO Patterson Lake South JV Reports High Grade Boulders Up to 39.6% U3O8 - Jul 27, 2011
http://finance.yahoo.com/news/FissionESO-Patterson-Lake-ccn-…

[Popeye82]

Venture Minerals - Maiden Resource +Scoping Study for New Deposit; MD: "The opportunity to deliver revenue as early as next year is a huge positive for Venture, particularly as there are no major plant or infrastructure costs required to commence mining. Importantly, the new DSO resource +scoping study @Livingstone is in addition to the Company’s already world class Mr Lindsay Tin/Tungsten Deposit +the net revenue from just the Livingstone Deposit alone is larger than the Company’s current market capitalisation. " - Jul 29, 2011

Livingstone Deposit - Resource Highlights:

+ DSO Hematite Resource - 2.2 million tonnes @58% Fe with low impurities

+ Resource is shallow, from surface +very consistent in grade.

+ Deposit has exceptional access to infrastructure – 2km to a sealed road which accesses existing rail +port facilities.


Livingstone Deposit – Scoping Study Highlights (pre-tax):

+ Net Revenue(LOM) – A$92 million

+ Capital Cost Estimate – <A$3 million

+ $50 operating margin per tonne

+ The Livingstone Deposit brings Venture’s Production timeframe forward by one year to the 2nd half of ´12.

+ Off-take discussions have already commenced with several parties ...
http://stocknessmonster.com/news-item?S=VMS&E=ASX&N=550964" target="_blank" rel="nofollow ugc noopener">http://stocknessmonster.com/news-item?S=VMS&E=ASX&N=550964

[Popeye82]

The 30 Hottest Companies in Renewable Chemicals &Materials - BD - Jul 27, 2011

- Jim Lane -
http://biofuelsdigest.com/bdigest/2011/07/27/the-30-hottest-…

[Popeye82]

Renminbi sets 17-year high for second time in July - CER - Jul 27, 2011
http://newcer.chinaeconomicreview.com/en/content/renminbi-se…

[Popeye82]

CIC posts higher returns due to riskier overseas investments - CER/WSJ - Jul 27, 2011
http://newcer.chinaeconomicreview.com/en/content/cic-posts-h…

"China Investment Corporation (CIC), the country's sovereign wealth fund, announced that it earned an 11.7% return on its foreign asset portfolio for 2010, largely thanks to higher-risk investments, the Wall Street Journal reported.

CIC's annual report revealed a portfolio re-structuring towards riskier "alternative" asset classes, including private equity, real estate and infrastructure. The fund's exposure to alternative assets leapt to 21% at the end of last year from just 6% in 2009. Meanwhile, its cash assets fell to 4% last year from 32% in 2009. CIC extended its investment horizon in January to 10 years from the previous five years, a move it hopes will allow the fund to "accept a higher risk-return profile in its investment portfolio in order to better balance short-term pressure and long-term interests." CIC currently faces questions regarding how much funding it should be allowed by the government. "

[Popeye82]

Xinhua leases Times Square space for pro-China ad campaign - CER/Reuters - Jul 27, 2011
http://newcer.chinaeconomicreview.com/en/content/xinhua-leas…

"China's state-run news agency has leased one of the highest-profile advertising locations in New York's Times Square in an effort to burnish the country's reputation , Reuters reported.

Starting Monday, Xinhua News Agency will take over a 60-foot high by 40-foot wide sign on the north end of the square that was previously used by HSBC Bank (HBC.NYSE, 0005.HK, HSBA.LON). About half a million people pass through the area every day. Like the promotional video that Xinhua aired in the square and on CNN during Hu Jintao's state visit in January, the ad aims to build China's brand in the US. A Pew Research Center report that was released earlier this year found that 43% of US citizens see China as a "serious problem." The company that leased the ad space to Xinhua, Sherwood Outdoor, has been targeting Chinese companies for several years and hopes for more after Xinhua, said Brian Turner, Sherwood's president. "

[Popeye82]

China failed to heed rail safety warnings - CER/FT - Jul 27, 2011
http://newcer.chinaeconomicreview.com/en/content/china-faile…

"The collision of two Chinese bullet trains on Saturday has validated criticisms of the rail network's hasty construction and put an end, at least temporarily, to China's ambitions to sell its high-speed rail technology to the world, the Financial Times reported.

Rail experts warned that China's rush to build the world's longest and fastest high-speed rail network during the past 18 months was laying grounds for disaster. While the Railway Ministry and state-owned rail firms have repeatedly said they own almost all of the intellectual property for the country's high-speed rail technology, foreign railway executives have complained that trains were copied from companies like Japan's Kawasaki (7012.TYO), Germany's Siemens (SI.NYSE, SIE.ETR) and France's Alstom (ALO.EPA), modified somewhat, and then made to run at inappropriate speeds. Survivor accounts and the lack of transparency surrounding the tragedy have some questioning the accuracy of the official death toll - which state media said is at least 39 - as well as the official explanation that lightening caused the crash. "

[Popeye82]

Oxford Catalysts Group Plc - GTL Engineering Study; on behalf of a $multi-billion Exploration &Production company ; CEO: "We are pleased to have been given an opportunity to participate in this study, &potentially in this major project as a technology provider. This prospect underscores the increasing awareness of our technology within the industry &the growing market interest in smaller scale synthetic fuels production." - Jun 14, 2011
www.oxfordcatalysts.com/financial/fa/ocgfa20110614.php


Commercial order for two FT units; new customer, a Fortune 500 company committed to distributed production of synthetic fuels; CEO: "Commercial momentum continues to build. We are excited to have the opportunity to work with this major corporation &to deploy our technology in its 1st commercial plant. The success of this plant will form the basis for roll out of multiple future plants." - Jul 18, 2011
www.oxfordcatalysts.com/financial/fa/ocgfa20110718.php


Synthetic fuels: Distributed production set to take off; CD: "Microchannel FT reactors offer substantial advantages over conventional technology &make it possible to convert a wide variety of carbon-containing feedstocks into clean synthetic fuels. Their high conversion efficiencies – in the range of 70% per pass – and modular nature makes them particularly useful for distributed production because capacity can be easily increased by simply 'numbering up' or linking together additional FT reactor modules. We are excited to have the opportunity to work with this major corporation to deploy our technology in its first commercial plant." - Jul 28, 2011
www.oxfordcatalysts.com/press/pr/ocgtpr20110728.php

[Popeye82]

Cyclone Power Technologies - Cyclone Power Technologies &Advent Power Systems Win $1.4 Million Development Contract from U.S. Army; will develop a compact 10kW auxiliary power unit(APU) designed to increase operating efficiencies &decrease fuel usage of various ground combat vehicles; CEO: "This contract provides for the development of an extremely compact, powerful engine that can run on any liquid fuel. Cyclone is the only technology we have found that boasts the characteristics necessary to successfully complete this crucial mission. We are extremely pleased to be working with the Cyclone team on a project of such importance &vast significance for our military &soldiers overseas. The Army wants &badly needs this technology &specific application. We have high praise for Senator Bill Nelson (D-FL), who sponsored this project. It will provide development funding &job growth for @least four small Florida companies, including ours. It is critically important from a strategic &economic standpoint to invest in technologies that reduce the logistical burdens of our brave men &women in uniform. Clean energy technologies like those being developed in Florida by Cyclone Power &Advent, have widespread applications in strengthening our military with improved efficiencies &major cost savings. Senator Nelson’s support is making this possible.", President: "This program expands upon the critical work we’re already doing for the U.S. military with defense contractors such as Raytheon. The significance of this to us is enormous. Not only does this contract provide development funding &possibly on-going revenue, but it’s also representative of the overall impact of Cyclone’s technology on our nation’s defense &security, which is a source of great pride for our company &our team."; 1st prototype engine systems scheduled to be developed, tested &delivered within 12 months, which includes Cyclone as the lead &predominant subcontractor; TACOM, the contracting organization within the Army overseeing this contract, has also requested production cost schedules for up to 10,000 engines annually - Aug 1, 2011
http://finance.yahoo.com/news/Cyclone-Power-Technologies-bw-…

[Popeye82]

Zenith Minerals - Increase in Exploration Target, @Mt Alexander Fe Project - Jul 21, 2011

HL:

+ The overall Exploration Target @the Mount Alexander Project is now 0.75 to 1.43 billion tonnes

+ The increase is due to a new Exploration Target of 150 to 230 million tonnes @20% to 25% Fe @the Mount Alexander West prospect.

+ This is in addition to the previously announced Exploration Target of 0.6 to 1.2 billion tonnes @25 to 35
% Fe @the Mount Alexander Prospect, 2.5 kilometres to the north east.

+ The Mount Alexander Prospect Exploration Target is inclusive of the initial JORC Inferred Resource of 393 million tonnes @29.5% Fe released to ASX in April 2011. ...
http://stocknessmonster.com/news-item?S=ZNC&E=ASX&N=549732

[Popeye82]

Astro Resources NL - to acquire major new resource project - Aug 2, 2011

HL:

+ The Project covers an area of approximately 400 sq. kilometres &located in the heart of a prolific mineral sands region.


+ The Project has a number of key areas of prospectivity;

- Governor Broome Deposit(“Governor Broome”) – significant inferred JORC resource of 51 million tonnes grading 5 percent heavy minerals(2 percent cut‐off).

- Significant exploration upside through the systematic exploration of high grade strandlines that extend east of Governor Broome.

- Warner Glen Deposit(“Warner Glen”) – 106 million tonnes @2.6 per cent ilmenite .

- Rover Range Deposit(“Rover Range”), hosts an additional inferred JORC Resource of 701 million tonnes grading 2.6 percent ilmenite.


+ The Project lies in close proximity to established infrastructure including sealed highways, power &water sources &port facilities.

+ A strong pricing outlook is forecast for heavy mineral/metals resources over the next number of years. ...
http://stocknessmonster.com/news-item?S=ARO&E=ASX&N=551872

[Popeye82]

Mining Summary - LC - Aug 2, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

Nexbis - signes 12-year agreement with Malaysian government, to provide, support &maintain its international award winning Nexcode Solution; Several other smaller government projects have also been carried out; Cash flow from project is expected to be sufficient to fund existing requirements - Aug 2, 2011
http://stocknessmonster.com/news-item?S=NBS&E=ASX&N=642668

[Popeye82]

Silver Lake Resources - Resource Upgrade - Aug 2, 2011

HL:

Mount Monger:

+ Total resource of 5.1 million tonnes @8.9 g/t Au for 1.5 million ounces

+ 259% increase in resource @Haoma to 235,000 ounces

+ >1 million ounces of resource accessible from existing infrastructure


Murchison:

+ Total resource of 18.4 million tonnes @2.8 g/t Au for 1.7 million ounces

+ Total Measured &Indicated resource of 850,700 ounces

+ 40% increase in resource @Lena to 313,000 ounces


Total June 2011 resource:

+ 24.1 million tonnes @4.2 g/t Au for 3.3 million ounces


+ Mining reserves for Mount Monger &the Murchison will be announced @the end of ´11 ...
http://stocknessmonster.com/news-item?S=SLR&E=ASX&N=551935" target="_blank" rel="nofollow ugc noopener">http://stocknessmonster.com/news-item?S=SLR&E=ASX&N=551935

[Popeye82]

BHP Billiton und AngloAmerican forcieren Mangan-Abbau - EMFIS, SIDNEY - Aug 1, 2011
www.minenportal.de/artikel.php?sid=16304#BHP-Billiton-und-An…

"BHP Billiton Ltd. RTE Sydney - (www.emfis.com) - Die Rohstoffkonzerne BHP Billiton und AngloAmerican gaben gemeinsame Erweiterungspläne im Mangansektor bekannt.

Wie der bei BHP Billiton für Mangan zuständige Direktor, Tom Schutte, mitteilte, haben die beiden Bergbauriesen Investitionen von 279 Millionen USD in das Projekt Gemco beschlossen. An dem Vorhaben hielten BHP Billiton 60% und der Partner AngloAmerican 40%. Nach dem Abschluß der ersten Entwicklungsphase der Manganmine im April 2009 waren weitere Explorationsmaßnahmen auf Eis gelegt worden. Während der Arbeiten aber sei festgestellt worden, daß Gemco das weltweit größte Manganvorkommen sei. Aufgrund des weltweiten Rohstoffhungers sei es wieder profitabel geworden, die Förderung auszuweiten.


Mangan wird weiter stark nachgefragt

Die zweite Explorationsstufe werde den Eignern Wachstumsoptionen sichern, da Mangan für die Stahlherstellung benötigt werde. Es gebe kein Ersatzprodukt für den Rohstoff. Daher werde wegen der steigenden Nachfrage auch von anziehenden Preisen ausgegangen. "

[Popeye82]

Excelsior Mining - Reports Indicated Resource of 3.2 Billion Pounds Oxide Copper @North Star, +0.88 billion pounds Inferred - Jul 19, 2011
www.excelsiormining.com/NewsReleases/2011-07-19NewsRelease.p…

[Popeye82]

Lydian International - Preliminary Economic Assessment Shows Base Case US Dollar 515 Million Npv From Tigranes &Artavasdes Areas @Amulsar; Sensitivity case which includes resource ounces @Erato returns US$614 million NPV - Jul 25, 2011

+ Net Present Value(NPV) of US$515M

+ Internal Rate of Return(IRR) of 45%

+ Initial capital cost of US$162.6M

+ Annual gold production of 123,000 ounces(Year 1-3) to 256,000 ounces(Year 4-7) @a cash cost of US$419 per ounce to US$499 per ounce ...
www.lydianinternational.co.uk/pdf_version/250711-1.pdf

[Popeye82]

Nighthawk Energy: Jolly Ranch could evolve into “significant petroleum source” - PI - Aug 1, 2011
www.proactiveinvestors.com/companies/news/16818/nighthawk-en…

[Popeye82]

Dominion Petroleum is building an impressive portfolio in East Africa, says Westhouse Securities - PI - Aug 1, 2011

- Jamie Ashcroft -
www.proactiveinvestors.co.uk/companies/news/31371/dominion-p…

[Popeye82]

ECR Minerals - secures option to acquire an ownership interest of up to 80% in the Unchimé iron ore project in Salta Province, Argentina - Jul 5, 2011

HL:

+ Unchimé is a haematite deposit with historic indicated resources of 23.5Mt +historic inferred resources of 372.8Mt across multiple zones with reported grades of 35-45% Fe.

+ 11,000 hectare tenement package; railway within 3km of project area.

+ ECR can acquire an initial 70% interest in Unchimé for staged cash payments totalling US$2 million +a further 10% interest for US$10 million payable in either cash or shares. An additional payment is due on estimation of a JORC/NI43-101 reserve exceeding 30Mt.

+ Due diligence has commenced +will include metallurgical testwork +a limited drilling programme . ...
www.ecrminerals.com/investors-%26-media/press-releases/unchi…
www.proactiveinvestors.co.uk/companies/news/30217/ecr-minera…
www.miningmaven.com/k2/companies/electrum-resources/ecr-mine…

[Popeye82]

Sirius Minerals - Commencement of Drilling at York Potash; MD/CEO: "The commencement of drilling in North Yorkshire is a major milestone for the York Potash Project. These will be the 1st new surface boreholes drilled for potash in North Yorkshire for almost 35 years &the 1st ever surface boreholes focused on the important polyhalite seam. The drilling programme will help us define the parameters of a world-class potash project &to advance the preparation of detailed proposals &designs." - Aug 1, 2011
www.siriusminerals.com/pdf/Sirius Commencement of Drilling a…

[Popeye82]

Chariot Oil &Gas - CPR Update; CEO: "These volumes have resulted from the extensive geological &geophysical work undertaken by the Chariot technical team across all our licence areas. It is very satisfying to continue to have 3rd party endorsement of our prospective resources. Having established the potential of our assets, we now look forward to the next stage of our development &the drilling of our prospect inventory.”" - Jul 1, 2011

HL:

+ P50 risked resource potential of 2.2 Bbbls(Net to Chariot – 1.5 Bbbls)

+ Based on NSAI‟s gross, risked discounted cash flows for the entire prospect &lead inventory Chariot determines a net Expected Monetary Value(“EMV”) of £11.2 billion(P50) – corresponding to £7.47(US$12.00) per net risked bbl

+ Probabilities of Success in line with Chariot risking

+ Supports the investment case &the work carried out by Chariot‟s in house technical team ...
www.chariotoilandgas.com/uploads/chariotoilgasltd.-cprupdate…

[Popeye82]

Red Crescent Resources - Signs Off-Take &Marketing Agreement With Link Investment; Positions Red Crescent to Generate Cash Flow from Its Zinc Projects in ´11 - Jul 5, 2011
www.marketwire.com/press-release/red-crescent-signs-off-take…

I. An Equity Placement – Link Investment has acquired 3,086,734 common shares in Red Crescent Resources @a price of CAD$0.45/share from SAT Enerji A.S. a major RCR shareholder indirectly controlled by Chairman &CEO Alan M. Clegg. The necessary regulatory announcement &insider trading report for this placing has been made on SEDI.

II. Pre-Export Revolving Finance Facility – Link Investment has granted to Red Crescent an initial facility of US$1.8m for the coverage of equipment purchase &production of DSO &concentrates @its Hakkari &Tufanbeyli projects.

III. Extension of Pre-Export Revolving Finance Facility – subject to the successful operation of DSO &Concentrate supplies as envisaged from September ´11 onwards, Link will make available a further minimum US$1.8m to be invested in increasing saleable production. It is the stated intention of Link to increase the revolving financing by up to US$4.0m.

IV. Equity Option Award –SAT Enerji A.S.(controlled indirectly by Alan M. Clegg, Chairman of RCR) has granted Link Investment an exclusive anytime option to acquire &convert the outstanding principle balance of the RCR financing facility in consideration for the transfer to Link Investment of common shares of RCR held by SAT Enerji A.S.

V. Marketing &Sales - it is intended that Link will be appointed as Red Crescent's exclusive marketing arm through a formal marketing agreement within three months of the execution of the initial agreement. ...
www.rcrholding.com.tr/investors/press-releases/158-red-cresc…


Red Crescent Announces Completion &Filing of a NI 43-101 Technical Report on Its Tufanbeyli Zinc Project; Defines Initial Compliant Zinc Oxide Inferred Mineral Resource, Significant Potential for Oxide Mineral Resource Extension, Potential to Define Sulphide Mineral Resources @Depth; C/P/CEO: "This long anticipated report offers us a good code compliant basis for the project to continue as planned. It offers encouragement that with a superior systematic &optimized infill drill program design &execution overseen by the report authors we will be able to achieve a potentially significant upgrade in the resource tonnage, grade &classification in this drilling season. Further the report effectively offers us new confidence that our acquisition of this potentially significant project was the correct decision. We can now begin execution of our planned rehabilitation of the project access roads &of the old mined pits &underground adits accompanied by mining/removal of zinc oxide mineralised material left on the ground @these locations. These mineralised materials do not form part of the in-situ mineral resources, nor are they reported on in the report, but they have been surveyed &sampled such that broken &available material has been calculated to a volume of 3500 tonnes of strongly mineralised materials &which is intended for use as feed material for the Semi-mobile 20tph Gravity DMS Process Plant that is planned for deployment in September ´11, to produce Zinc Oxide Concentrates for immediate sale." - Aug 2, 2011

HL:

+ The Tufanbeyli Project represents a cluster of oxidized Mississippi Valley Type(MVT) zinc – lead deposits hosted by dolomitized Devonian-age limestones. Many of the characteristics of typical MVT type deposits are observed @Tufanbeyli, however in-situ zinc mineralization is mainly in the form of smithsonite &although to date sulphide mineralisation has not been intersected in drilling, there remains good potential for it to occur @depth below the oxide mineralisation.

+ The licenses held by RCR host five prominent zinc prospects of which two(Akcal &Belbaşi) were mined on a small-scale between ´85 &´98, producing an estimated 210 000 tonnes of ore with grades in the range 20% to 40% Zn. Significant potential exists to define multiple deposits with lower grade but higher tonnage. Potential also exists to define sulphide resources @depth.

+ Drilling has tested most of the zinc prospects; however the extensive zinc &lead soil geochemical anomalies to the southeast of these showings have not yet been tested by drilling. This anomalous geochemistry straddling the two licenses indicate that the mineralized system may extend further than is currently known.

+ Each of these prospects is limited in strike &down-dip extents &the existing historical drilling programs are considered to have not been optimally designed to identify potential extensions. There are significant un-drilled strike lengths between these mineral resource blocks @surface &down-dip to the south-east which could potentially yield additional mineral resources.

+ A grade-tonnage curve for the combined in-situ Inferred Mineral Resource base @Tufanbeyli is shown below. Higher grade zones are patchy &limited in extent, as defined by previous drilling. Systematic drilling is recommended to delineate the strike &dip extent of these zones &to potentially increase the higher grade component of the mineral resource base. It is considered that the combined project area has potential for the delineation of additional mineral resources which should be tested using an integrated approach based on all exploration techniques previously adopted. ...
www.marketwire.com/press-release/red-crescent-announces-comp…
http://media3.marketwire.com/docs/RCBCHART802.jpg

[Popeye82]

Cape Lambert Resources - Marampa Hematite Resource Increased 245% to 680Mt - Jul 7, 2011

HL:

+ JORC Mineral Resource @Marampa increased by 245% to 680 million tonnes @28.2% Fe.

+ 38% of the new Mineral Resource is classified as Indicated.

+ The Mineral Resource covers approximately 60% of the known mineralised strike with exploration upside for further resource growth.

+ The resource estimate covers four deposits comprising updates for Gafal &Matukia, &maiden Mineral Resources @Mafuri &Rotret.

+ Mineral Resources @Marampa can be beneficiated to produce a high grade, hematite concentrate typically with a Fe grade of 63%-65% &mass &iron recoveries of 42-46% &93-94% respectively.

+ The Mineral Resources include 42 million tonnes @31.7% Fe(deposits range from 28-37% Fe) of shallow, soft oxide mineralisation representing potential early-start, low cost ore feed.

+ The Mineral Resources can support a production profile of 10 million tonne per annum of hematite concentrate for >20 years. ...
http://stocknessmonster.com/news-item?S=CFE&E=ASX&N=548154

[Popeye82]

GeoMegA Resources - Announces Final Results of PhaseI @Montviel. Highlights Include 2.15% TREO over 250.65 m in MVL 11-18 +1.51% TREO over 520.65 m in MVL 11-15; P/CEO: "These last set of results confirm Montviel's world class content in neodymium. Montviel's location, in Quebec(Plan Nord eligible), road accessible, nearby electric power &rail networks, is equally world class. Our focus has shifted towards project economics while we pursue the definition of the deposit. Neodymium demand is fundamentally solid, combined with praseodymium &potential niobium &phosphate by-products, Montviel should compete with the more advanced rare earth projects in the near future" - Aug 2, 2011
www.marketwire.com/press-release/geomega-announces-final-res…

[Popeye82]

African Minerals - Executes Agreements with Shandong Iron &Steel Group Co., Ltd.("SISG"), one of the world's largest steel producers, to Invest $1.5bn in the Tonkolili Project Companies; SISG will purchase 2Mtpa of PhaseI production, an incremental 8Mtpa after PhaseII is commissioned +10 Mtpa during PhaseIII, with discounts in each phase ranging from zero to 15% - Aug 1, 2011

+ SISG will invest $1.5bn in return for a 25% shareholding in the Tonkolili project

+ SISG will also purchase iron ore under an off-take arrangement, guaranteeing long-term orders for Tonkolili's production

+ African Minerals will use the funds raised to accelerate development of Tonkolili +to repay existing debt ...
www.african-minerals.com/am/en/investors/announcements?id=61

[Popeye82]

International Coal oversubscribed in $9m IPO, strong demand for Queensland coal play; targets 380million tonnes @Bundaberg &8.8 billion tonnes @South Blackall - PI - Jul 13, 2011
www.proactiveinvestors.com.au/companies/news/17835/internati…
http://stocknessmonster.com/news-item?S=ICX&E=ASX&N=548014

[Popeye82]

Latin Resources results support 2Bt target @Guadalupito Iron &Heavy Mineral Sand Project - PI - Jul 7, 2011

- John Phillips -
www.proactiveinvestors.com.au/companies/news/17702/latin-res…

"Latin Resources (ASX: LRS) is continuing to unlock the vast potential of the Guadalupito Iron and Heavy Mineral Sand Project in Peru, with the latest results providing encouragement for the company.


Latin also confirmed an Inferred JORC Resource by September 2011, and has appointed Boart Longyear and Snowden Mining consultants.

The latest results of 192 exploration samples collected from 1 metre deep pits at the project confirm elevated heavy mineral contents, which were sampled along 13 kilometres of strike.

The average heavy mineral content (determined by TBE separation) of the first 192 samples was 6.9%, and the average heavy mineral content of the -1mm+52μm “Sand” fraction (that represents 48.7% of total sample mass) was 16.4%.

The samples contained on average 50% “Oversize” (+1mm) material which confirms previously reported suggestions that simple, low cost screening will significantly upgrade heavy mineral content.

Latin said the heavy mineral assemblage of the six samples was consistent and dominated by magnetite (average 41%) with low iron andalusite (average 13%), ferro-titanium oxides including ilmenite (average 11%), zircon (average 0.9%), ilmenorutile (average 0.6%), rutile (average 0.5%), titanite (1.8%) and Rare Earth Element (REE) bearing minerals (average 0.14%).

The most liberated minerals present were zircon (average of 86% as free particles), low iron andalusite (average of 82% as free particles), Magnetite (average of 60% as free particles), Ferro-Titanium minerals including Ilmenite (average of 40% as free particles).

Mineralogical test results show clean grains of liberated minerals which indicate good potential for low cost mineral processing.

Adding further to the potential of the project, gold content is also being analysed, with results pending.

Highlighting the extent of the mineralised sediment, the package is up to 3 kilometres wide and open to the north and the south.

Pit sampling has been completed on a 1 kilometre by 100 metre spacing along 25 kilometres of strike, with results still pending from 12 kilometres of the strike.

Chris Gale, managing director, said the company is encouraged by the confirmation of the extensive areas of elevated heavy mineral bearing sediments.

Importantly for these elevated areas is the dominance of magnetite with important levels of coincident heavy minerals including low iron andalusite, a variety of titanium minerals, zircon and Rare Earth Element (REE) bearing minerals.

“The enormous Iron and Heavy Mineral Sand potential of Guadalupito continues to be reinforced by positive exploration data that not only increases our confidence in the economics of the project, but also provides us with valuable information to guide future process development work.

“Clearly Guadalupito is taking shape not only as an Iron Sands project, but also as a robust multi-commodity mineral sands project of world class proportions. "


Analysis

Acquiring an advanced project of the quality of Guadalupito is rare enough, with potential to become one of the world’s pre-eminent producers of magnetite and heavy mineral sands with potential for low cost development and production.

Importantly, for the project returns, capital costs are expected to be low as only very simple beneficiation will be required due to extensive weathering.

The scale and exploration target of 2 billion tonnes at Guadalupito plus its proximity to infrastructure and port tick more boxes.

The port town of Chimbote is just 25 kilometres away and proximity to one of the largest steel smelters in the country.

The recent investment by major global resources investor RMB Resources should send a signal that current valuation of Latin Resource at around $21 million is low with an upcoming JORC Resource milestone followed by Scoping Study milestone at end of 2011, as the company progresses Guadalupito towards production.


Profile

Latin Resources (ASX: LRS) is a Perth based, Iron Ore and Gold focused Exploration Company with a number of attractive mineral projects in Peru. Latin has rights to acquire a controlling interest in a cornerstone project, has been granted 100% controlled mineral concessions of 33,600 hectares with 39,700 hectares in application in highly prospective iron ore districts and is in the advance stages of negotiation on various other Iron Ore and Gold projects. The Company has a strategy to explore and develop its portfolio of iron ore projects as well as its potential gold and iron mineral sands projects.

In pursuit of this strategy, the immediate Company’s objectives are to establish structured and focussed exploration programs targeting known anomalous areas close to ports and infrastructure. Then drill the known targets within the existing geological data base where target minerals are highly prospective.

Latin Resources has rights to acquire a controlling interest in a cornerstone project, has been granted 100% controlled mineral concessions of 33,600 hectares with 39,700 hectares in application in highly prospective iron ore districts and is in the advance stages of negotiation on various other Iron Ore and Gold projects. "

[Popeye82]

Transit Holdings - Increase in Grade &Tonnage in Potash Exploration Target - Jul 8, 2011

+ Paradox Basin Exploration Target increases to 3.4 to 5.2 billion tonnes of sylvinite ore @an average grade of 23% to 34% KCl. ...
http://stocknessmonster.com/news-item?S=TRH&E=ASX&N=548294

[Popeye82]

Universal Coal Plc - Berenice Project - Update; Targets 700 -800million Tonnes @Berenice-Cygnus; geological model &updated resource on schedule &expected to be completed by mid-July - Jun 22, 2011

Berenice-Cygnus Coking Coal Project:

+ The 1st phase of resource drilling @the Berenice-Cygnus Coking Coal Project has been completed. The drilling has confirmed that the geological structure is a half-graben(see Map &Cross-Section below) &that there could be an appreciable tonnage that could be amenable to open pit mining or shallow underground mining.

+ A total of 51 slim diameter &8 large diameter diamond drill holes confirm the presence of a 35m – 40m thick composite coal zone deposit within a structurally controlled half-graben structure, approximately 12.5km in length &4km wide. The coal zone has been intersected from sub-outcrop, less than 20m in depth, up to 250m below surface &consists of inter bedded bright coal &carbonaceous mudstones. @least three consistently developed sub-zones, containing between 40% &50% coal, occur towards the base of the coal zone. The three distinct coal-rich sub-zones have thickness’s that vary between 1.91m - 5.37m(Zone A), 1.73m-5.92m(Zone B) &0.5m-1.75m(Zone C), respectively(see below).

+ Washability test results have been received for the 1st 20 slim diameter drill holes, with the remainder of the results expected by early July. The results of these tests show that @wash densities of <1.40g/cm3 the coking coal typically exhibits Free Swelling Indices(an indicator of coking tendencies) of 7 to 9, Roga Indices(an indicator of caking properties) ranging from 70 to 90, volatile matter contents of between 33% &36%, inherent moisture contents of between 0.94% &2.76%, ash contents of between 8.59% &14.88%, sulphur contents of between 0.7% &1.22% &phosphorous contents of between 0.007% &0.07%. Free Swelling Indices of between 6 &2 are also observed for the coal washed between the 1. 450 g/cm3 &1.70 g/cm3 density fractions#.

The 8 large diameter drill holes are being sampled for specialised coking coal test-work &analysis. This test work will determine additional coking characteristics &ultimately the type of coking coal present.

A geological model &updated JORC compliant resource estimate targeted @between 700-800 million tonnes* is on schedule &expected to be completed by mid-July.


Brakfontein Thermal Coal Project

+ The current phase of diamond drilling @the Brakfontein thermal coal project has now been finalised. A total of 38 additional holes have been completed during this resource definition phase. A resource update is expected in August &thereafter a feasibility study is likely to be commissioned on the project &a mining licence application will be submitted. ...
http://stocknessmonster.com/news-item?S=UNV&E=ASX&N=546206

[Popeye82]

Antwort auf Beitrag Nr.: 41.882.385 von Popeye82 am 03.08.11 01:30:45

Universal Coal - 450% boost in JORC Resources, to 1.2Bt @Berenice Cygnus coking coal project - PI - Jul 14, 2011
www.proactiveinvestors.com.au/companies/news/17866/universal…
http://stocknessmonster.com/news-item?S=UNV&E=ASX&N=548909

[Popeye82]

Aspire Mining's Ovoot project in Mongolia set to become one of world's largest coking coal mines - PI - Jun 24, 2011

- Jeff Coote -
www.proactiveinvestors.com.au/companies/news/17392/aspire-mi…

[Popeye82]

WPG Resources - Maiden 352.4 million tonne coal resource estimate for Penrhyn deposit, exceeds expectations - Jul 7, 2011
http://stocknessmonster.com/news-item?S=WPG&E=ASX&N=640143

[Popeye82]

Resource Generation - 1st off-take contract increased to 139 (from 37) million tonnes +other arrangements with CESC, India’s 3rd largest power utility ; New power station may bring forward stageII expansion of Boikarabelo, envisages doubling production to around 40 million tonnes/annum of run-of–mine coal; purchases will take place over 38 years, up from 20 years in the original contract signed in September ´10; MD: "@a time when we are progressing discussions with Transnet for the transport of both stageI &stageII product &with Eskom over long-term coal supply, these developments help underwrite the expansion of our Boikarabelo mine &unlock its potential as a significant supplier of coal to both export &South African domestic markets. They represent a further vote of confidence by CESC in Boikarabelo’s future &position us to expand the mine earlier than otherwise may have been possible, providing positive returns to shareholders &benefiting the South African economy" - Jun 7, 2011
http://stocknessmonster.com/news-item?S=RES&E=ASX&N=636974

[Popeye82]

Celamin Holdings emerging phosphate producer under the radar for some investors, but not all - PI - Jun 16, 2011
www.proactiveinvestors.com.au/companies/news/17176/celamin-h…

"Celamin Holdings NL (ASX: CNL), formerly known as Victorian Gold Mines, has been busy on a number of fronts of late in Tunisia and Algeria.

The company is in the midst of acquiring Celamin Ltd, which has interests in a number of exploration permits that include two large phosphate projects in Tunisia called Bir El Alfou, and Chaketma, with conceptual potential to host from 230 to 320 million tonnes of P2O5 at grades of 17 to 22% P2O5.

The Bir El Alfou Phosphate Project, located in Western Tunisia, is a joint venture between Celamin Ltd and Tunisian Mining Services, with an 80%/20% split.

Celamin will be responsible for an earn-in that will fund and complete a Bankable Feasibility Study, at which time each partner will hold an equal 50% interest.

Celamin expects to complete due diligence and Pre-Feasibility Studies by September of 2011.

The conceptual target size at Bir Alfou is 80 to 120 million tonnes at 17-22% P2O5.

This potential resource is distributed amongst a number of targets including the Salsala Prospect, which is located at the north-eastern end of the exploration permit, and hosts a strike line of exposed phosphate mineralization extending for 2,500 metres.

Drill holes, trenches and pits have identified additional phosphate mineralization along a total strike line of at least 3,500 metres, within a plus 500 metre wide corridor.

The main Bir El Alfou Project is located along strike to the south-west and is made up of the Zebouli, BEA, and Boukechrid Prospects that all carry phosphate mineralization over a multi kilometre area.

The company is currently operating two drilling rigs that will be able to define a maiden JORC Resource within the next four months.

The local infrastructure includes a drilling base managed by Tunisian Mining Services, along with accommodation and other services at the nearby town of Tajerouine.

Potable and process water is supplied from a local aquifer located on the exploration permit.

Celamin has already commenced transportation and engineering studies on the project that include discussions with the local rail line, and coastal port operators.

The first production stage is currently estimated to produce 1.5 million tonnes per year of +32% P2O5, from a resource target measuring 23 to 27 million tonnes of 17 to 22% P2O5.

The major use of phosphorus compounds is in fertilizers, mainly as a mixture called superphosphate (calcium hydrogen phosphate), obtained from phosphate minerals by sulfuric acid treatment, and in nitrophosphates.

The company has budgeted $1.5 million to complete the current Pre-Feasibility Study (PFS), and then expects to follow with a Bankable Feasibility study extending over a period of 12 to 15 months, at a cost of US$4.5 million.

Project development is expected to absorb US$45 million, plus working capital, over a timeline of 12 to 15 months.

Phosphate production is expected to commence at the end of calendar 2013, with projected EBITDA of +US$50 million per year, making the project extremely profitable.

A Memorandum of Understanding with a major un-named international fertilizer company has been executed, who will contract to take all of the production from Stage One, and future capacity upgrades from the project at market price.

The agreement is progressing to full agreement.

The fertilizer company has also agreed to make financial contributions to cover past expenses and ongoing studies, and to take an equity stake of 12.5% in Celamin Holdings NL.

Field activities for the PFS in the Bir El Afou permit led by Tunisian Mining Services personnel and equipment were curtailed by the events that occurred in January 2011 in Tunisia.


Chaketma Phosphate Project

Celamin Ltd has a second Tunisian phosphate joint venture with Tunisian Mining Services called Chaketma that is contained within 56 square kilometre area, and carries conceptual targets with potential to host 150 to 200 million tonnes of P2O5 at grades of 17 to 22%.

Celamin holds an 80% interest in the 3 year exploration permit, and has already identified multiple exploration targets with an initial focus at the Gasaa El Kebira Prospect.

A budget of $1.5 million has been allocated to complete resource definition by 2013, with further development subject to securing an off-take agreement for phosphates.

Mapping and sampling programs will get underway in the current quarter and will focus on the definition of drilling and trenching targets.

Celamin has a 50/50 joint venture over a number of Tunisian base metals tailings Projects with Tunisian Mining services.

Celamin will contribute US$500,000 to complete due diligence studies at four mine tailings and dump sites with potential to host 2.5 to 3.0 million tonnes at 2.4% to 2.8% lead, and 2.6% to 3.0% zinc.

A $300,000 Scoping Study is planned to be completed during 2011.

A positive outcome will trigger Feasibility Studies at a cost of US$2.0 million, with completion set down for mid 2013. Development costs have been estimated at US$7.5 million, with a production start planned in 2014.

The company is currently conducting mineralogical studies at Gam Halfaya and Trozza tailings dumps that indicate the presence of galena, cerrusite and hemimorphite as the main phases.

This should allow the re-treatment of these ores utilizing proven process technology, with plans underway to conduct floatation test-work to extract lead and zinc oxides.

The last Tunisian project is known as MGhila, and is contained within a 124 square kilometre exploration permit that hosts the El Abeied Quest, Ain Guemame, and Baten Gazel Prospects, where Celamin is currently conducting geological reconnaissance, within an exploration budget of $450,000.


Oued El Kebir Project – Algeria

A joint venture agreement has been completed on this project, with Celamin planning to sign this and commence due diligence activities.

In April, Celamin and its new wholly owned subsidiary Celamin Algeria WLL signed the earn-in agreement with Faïenceries Algériennes in Algiers.

Faïenceries Algériennes (FA) holds the rights to the Oued El Kebir Exploitation Permit near Jijel in North Eastern Algeria.

The agreement allows Celamin to earn up to 49% interest in the project. Under current Algerian law 49% is the maximum a foreign investor can invest in Algeria.

The agreement allows Celamin to earn 50% should this law change any time in the future. Initially a due diligence phase will be undertaken during which Celamin will complete a work program to confirm the intersections made in past diamond core drilling at the site.

Currently, Celamin plans to drill at least three drill holes in the latter part of 2011. Cores from these holes will be sampled using modern sampling protocols and analysed at recognised International laboratories.

Mineralogy and metallurgy will also be undertaken on these cores. All the past data will be analysed using modern computer based techniques.

This will allow a decision to be made as to whether Celamin will proceed to the next stage, a 2-staged Feasibility Study. The appropriate Algerian regulators have been informed of the agreement and the proposed program.

Kevin Nichol the chairman of Celamin commented on this agreement, saying “The completion of this agreement is particularly pleasing as it again demonstrates Celamin's continued ability to complete transactions in a timely manner.

"The OEK Project has excellent potential to develop a mining operation producing silver, copper, lead, zinc, gold and possibly baryte from an existing resource.

"This mineralisation has high silver values and the recent strong increase in silver prices has enhanced this mineralisation.”

This due diligence program comprises drilling a number of holes into the deposit to verify and complement the past drilling work. Samples from the holes will be assayed and metallurgical testwork will be undertaken.

Computer modelling of the deposit will also be undertaken. All of this work will enable Celamin to make a decision within one-year whether to commence staged Feasibility Study work.

The Oued El Kebir Project has a non compliant Inferred Resource of 11.5 million tonnes of 2.6% lead, 2.1% zinc, 0.7% copper, and 95g/t silver, where the old Soviets completed 160 diamond drill holes and underground sampling to infer the resource.

Celamin has completed a data review, and confirmed that the ore resource is easily accessed, has excellent exploration potential, and can be processed by conventional floatation technology.

The vendor has already completed road access into the property and has agreed to joint venture terms. The partners plan to complete a drilling program on the property, to confirm historical drilling data and generate a 3D computer model of the mineralization, prior to advancing the program to feasibility studies.

A budget of $600,000 has been allocated to complete due diligence by mid 2012.

A Pre-feasibility Study is planned for 2013 with a budget of US$4.5 million, to be followed by a Bankable Feasibility Study with a US$7.5 million budget which is set to complete in 2015.

Mine development is estimated at US$31 million, plus working capital, and could be completed by end of 2016.

The project is estimated to generate an EBITDA of +US$40 million per year. Celamin can earn up to a 49% interest, which is maximum permissible under Algerian law.


Analysis

Celamin Holdings NL has an issued capital of 46.6 million shares, and on completion of the acquisition of Celamin Ltd will increase to a fully diluted 162.6 million shares.

Current market valuation of Celamin is $27.0 million. Fully diluted, this would give a valuation of $94.3 million. At the end of the March 2011 quarter, the company had $2.4 million in cash, sufficient for current activities.

This is a tightly held stock, leveraged to news flow for investors.

Clearly, Celamin is a stock that deserves a place in an investors quiver. For some, given the acquisition of Celamin, the transformation to a phosphate company may not have appeared on the radar.

For other savvy investors, the upside potential has not been missed.

Lion Selection Group Ltd, Celamin’s largest shareholder has been making substantial on market purchases to increase its holding to 14.55%. Rand Merchant Bank owns 5% of Celamin.

Commonwealth Bank of Australia (ASX: CBA) has also built a stake in Celamin of 2.07 million shares or 6.02% of the company. CBA further increased its stake in Celamin in June.

Phosphate demand is driven by rising food prices and worldwide demand, with Dundee Securities of Canada recently predicting a long term bull market for phosphate with a target of C$700 to $750 per ton within 24 months.

Add in the milestones that Celamin should tick off this year at Bir El Afou Project - including the Pre-Feasibility Study completion, JORC Resource, full offtake partner agreement - and rapid valuation appreciation and upside potential becomes more apparent.

This is very bullish news for the continued development of Celamin’s phosphate assets and the future market value of the company.


Profile

Celamin Holdings (ASX: CNL) has an immediate focus is the Bir El Afou Phosphate project held in partnership with local company Tunisian Mining Services. A pre-feasibility study targeted on a high grade, low cost Stage 1 mine development is expected to be completed by end September 2011. The Company has currently targeted first mine production by the end of 2013.

The Celamin portfolio is led by phosphate and supported by base and precious metals. Projects are located where the mining law is clear and the development path well defined. Mining operations have been successfully undertaken in Tunisia and Algeria for many years by Local and Foreign entities.

Celamin has identified and is working closely with local experts in Tunisia and Algeria. Both jurisdictions have a ready and willing source of high-quality technical workers. "

[Popeye82]

Rare Earth Industries - Expands Its Land Position in Colorado, with Acquisition of Former Tantalum/Beryllium Producing Property - Aug 2, 2011
http://finance.yahoo.com/news/Rare-Earth-Industries-Expands-…

[Popeye82]

London Mining Plc - Royalty Agreement to fund BFS @Isua - August 03, 2011
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Yellow Rock Resources - New Mineral Resource Estimate - Feb 8, 2011

HL:

+ A revised Mineral Resource for the Gabanintha project prepared by CSA Global.

+ Compared to the previous resource estimate, this Mineral Resource has seen a significant improvement in grade for the main target commodities V2O5(0.6 up to 0.7%), Fe(29.5 up to 32.3%) &TiO2(7.8 up to 8.6%), with a reduction in tonnes from 151.2Mt down to 125.8Mt.

+ Based on a review of all available data, the Mineral Resource has been classified as Indicated Resources &Inferred Resources &delivers a more realistic estimate for the deposit. ...
http://stocknessmonster.com/news-item?S=YRR&E=ASX&N=528099

[Popeye82]

Altura Mining - Drilling results lead to upward revision of exploration target @Pilgangoora Lithium Project - Jun 16, 2011

HL

+ Revised exploration target of 10 to 15 million tonnes @1.5 to 1.7% Li2O represents a significant increase from the previous exploration target of 6 to 9 million tonnes. Altura sets interim objective of 20 million tonnes following completion of planned evaluation programs.

+ C1 target drilling continues to return thick &shallow spodumene enriched pegmatite intercepts of up to 51 metres thick &has not been closed off.

+ Mapping &drilling results indicate there is potential for C1 &S1 targets to coalesce into a single ore body with potentially very low waste to ore ratios.

+ Current drilling in N1 target which extends over a strike length of 550 to 600 metres is intercepting multiple shallow dipping pegmatite dykes 6 to 15 metres thick. Assay results to be reported when available. ...
http://stocknessmonster.com/news-item?S=AJM&E=ASX&N=545549

[Popeye82]

Mining Summary - LC - Aug 3, 2011
http://minesite.com/media/pub/var/release_downloadable_file/…

[Popeye82]

TNG - Forms Strategic Partnership &Cornerstone Shareholding with Leading Chinese Group; Binding Letter of Intent Executed for $13.4M Capital Raising with Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co., Ltd(ECE), a leading Chinese State-owned enterprise part of the East China Mineral Exploration &Development Bureau - Aug 3, 2011

HL:

+ TNG forms strategic partnership with ECE to underpin development of Mount Peake Iron-Vanadium Project, NT.

+ $13.4M investment in TNG for a 30 per cent stake @11cents per share

+ $2M loan facility to underpin ongoing Pre-Feasibility work on the Mount Peake Project.

+ Funding will also support the key pilot plant test work program to commercialise TIVAN™ hydrometallurgical process.

+ ECE to be offered two non-executive Board positions

+ ECE’s affiliate to enter into separate Joint Venture on TNG’s 100% owned McArthur copper project

+ Agreement encompasses technical collaboration between TNG &ECE via ECE’s wholly owned subsidiary in Darwin.

+ Transaction subject to TNG Shareholder, FIRB &Jiangsu Provincial People’s Government approvals ...
http://stocknessmonster.com/news-item?S=TNG&E=ASX&N=552038

[Popeye82]

Uranerz Commences ISR Uranium Mine Construction - Aug 1, 2011
http://finance.yahoo.com/news/Uranerz-Commences-ISR-Uranium-…

[Popeye82]

Verde Potash - Open Pittable 1.1 Billion Tonnes @9.36% K2O, from surface to a maximum depth of 80 metres, Added to Cerrado Verde Potash Project, Brazil; Brazil's annual K2O consumption is ~4 million tonnes, new resource represents >90 million tonnes of K2O ; new resource was estimated for 5/13 of Cerrado Verde's targets; additional resource calculation will be reported during Q4/´11; Definitive Feasibility Study expected to be completed 1st half of ´12 - Aug 3, 2011
www.marketwire.com/press-release/open-pittable-11-billion-to…

[Popeye82]

Allana Potash - Acquires Title to Its Danakhil Potash Project in Ethiopia - Jul 26, 2011
http://finance.yahoo.com/news/Allana-Potash-Acquires-Title-c…


Allana Potash Continues to Expand Potash Mineralization in Far Eastern License Area With 24% KCL Over 7.05 Metres in Hole DK-11-23; P/CEO: "Allana is extremely encouraged by the continuity of the Kainitite Zone in the eastern portion of the license area as exemplified by Hole 23. Until Allana drilled Hole 20, this area has experienced no previous drilling &the additional potash intersection in Hole 23 further validates our interpretations on the strong continuity of the potash throughout the southern part of the basin. This area is approximately 18 km(2)&management believes there is good potential to add potash resources to the project. Road building continues east of holes 20 &23 &drilling will commence shortly to determine if a large, shallow potash resource is present which may be amenable to open pit mining in both the eastern &western parts of the project." - Aug 3, 2011

+ Hole 23 intersects potash mineralization of 24% kcl over 7.05 metres on eastern portion of property;

+ Coupled with hole 20, the results from hole 23 further confirm the extension of the potash mineralization onto the eastern license area;

+ Potash mineralization remains open in all directions &management believes the potential to add additional resources is strong;

+ Roads under construction to access further east where potash is interpreted @shallower levels. ...
http://finance.yahoo.com/news/Allana-Potash-Continues-to-ccn…

[Popeye82]

Emerging world buys $10bn in gold as West wobbles; Central banks of emerging market countries such as Korea +Thailand have added >$10-billion of gold to their reserves this year in a sign of waning faith in the West's benchmark bonds +currencies like the dollar +the euro - MW/Reuters, LONDON - Aug 3, 2011
www.miningweekly.com/article/emerging-world-buys-10bn-in-gol…

[Popeye82]

Nationalisation will set SA back 30 years – Baxter - MW, JOHANNESBURG - Aug 3, 2011

- Brindaveni Naidoo -
www.miningweekly.com/article/nationalisation-will-set-sa-bac…

"Nationalisation of the mining industry would set South Africa back 30 years and would not solve the country’s unemployment problem, Chamber of Mines chief economist Roger Baxter said on Wednesday.


Speaking at a Chartered Financial Analyst South Africa and Gordon Institute of Business Science conference, he said South Africa should not repeat the mistakes of its African counterparts, such as Zambia and Tanzania.

“The impact on South Africa would be devastating and would not solve the country’s unemployment challenges. The diagnosis might be right but the problem solving and the prescription around nationalisation might be wrong,” Baxter said.

On Tuesday, Mineral Resources Minister Susan Shabangu addressed, amongst others, the American Chamber of Commerce saying that nationalisation would not solve South Africa’s “evil triplets” of poverty, inequality and unemployment.

Baxter said that some 92% of the mining industry’s expenditure was located in South Africa. “Why would one believe that nationalisation will provide benefits, when the benefits are already captured locally.”

As one of government’s top-five priority sectors, what now remained key was growing the mining sector, he said, adding that it had declined by 1% yearly in the past 16 years.

The country’s mining sector remains one of South Africa’s “high export and foreign exchange contributors, supports job creation and is a gross domestic product multiplier”.

Tackling constraints, such as government bureaucracy, education in the labour force and inadequate infrastructure capacity, remained critical to the growth of the country’s economy, the mining sector and competitiveness, Baxter said.

Meanwhile, he added that amendments to the Mineral and Petroleum Resources Development Act were expected to be announced soon.

Changes to the Act would look to remove ambiguities, make provision for consultation processes, streamline the licensing processes and strengthen the law in areas where it allows the Minister to invite applications for mining rights in areas that were previously granted, issued, revoked or even expired. "

[Popeye82]

WTO rules China raw material export curbs illegal - MW/Reuters, BRUSSELS - Jul 5, 2011[/red
www.miningweekly.com/article/wto-rules-china-raw-material-ex…

"Trade judges on Tuesday ruled that China violated trade law by restricting exports of certain raw materials crucial for industrial production, dealing a victory to the United States, the European Union and Mexico.


"The panel found that China's export duties were inconsistent with the commitments that China had agreed to in its protocol of accession," the World Trade Organization said in a statement, referring to its legal panel.

"The panel also found that export quotas imposed by China on some of the raw materials were inconsistent with WTO rules."

The United States, the EU and Mexico took China to the WTO in 2009, saying restrictions on mineral exports such as bauxite and magnesium discriminated against foreign manufacturers and give an unfair advantage to domestic producers who use them. "

[Popeye82]

Antwort auf Beitrag Nr.: 41.887.396 von Popeye82 am 03.08.11 18:59:27

Steelmaker Nucor CEO warns of raw material hoarding; CEO: "Raw material hoarding is a big issue facing the world whether you're doing it or being affected by it. It's a big issue, (it's) going to get bigger &it's not going to be tolerated"; Calls for all countries to play by trade rules - Reuters, NEW YORK - Jun 22, 2011

- Steve James -
www.reuters.com/article/2011/06/22/nucor-idUSN1E75L16M201106…

[Popeye82]

Affero Mining - Putu Resource Increases by 36% to 3.24 Billion Tonnes, with 58% as Indicated status; CEO: "This is another fantastic result for the Company &our JV partner, Severstal Resources. Afferro now has close to 2.7 billion tonnes of attributable iron ore equating to more than 900 million tonnes of contained iron in the ground. With this tonnage justifying the base case investment outlined by the two shareholders, the JV is now in a position to concentrate on the exploration of the oxide cap during the prefeasibility study." - Jul 11, 2011

HL:

+ Total Putu resource grows by 36% to 3.24Bt @34.3% Fe

+ 1.89 Billion tonnes of itabirite banded iron formation(BIF), representing 58% of the resource, promoted to indicated category

+ Prefeasibility study accelerated to complete in 6-8 months, Q1 ´12

+ Definitive feasibility study now expected Q1 ´13

+ Four diamond drill rigs operating since June

+ ´11 drilling campaign target now 48,500m with 28,000m completed

+ Current resource based on 47,713m of drilling, of which 36,630m has been assayed ...
www.afferro-mining.com/s/NewsReleases.asp?ReportID=466108&_T…

[Popeye82]

China enters race for seafloor's mineral riches - paper - MW, Toronto - Mar 17, 2011

- Matthew Hill -
www.miningweekly.com/article/china-enters-race-for-seafloors…

"China’s Minmetals has joined the hunt for deep sea minerals including copper and gold, a newspaper said on Thursday.


“China relies heavily on costly raw-material imports, and this will push the country to go for deep-sea mining to explore metals including copper, nickel, sliver and gold,” state-owned China Daily quoted Minmetals president Zhou Zhongshu as saying.

The report said that China applied for its first deep-sea mining permit in May last year, with approval pending.

It did not say where Minmetals was looking to exploit the ocean floor.

Canadian junior Nautilus Minerals aims to start producing at its Solwara 1 deep-sea copper/gold project off the coast of Papua New Guinea in 2013. Earlier this month the country’s government said it would buy a 30% stake in the project.

Deep Green Resources, started by Nautilus founder David Heydon, also aims to mine the sea bed between Hawaii and Mexico, the Financial Post reported last week. "

[Popeye82]

Lingo Media - Signs Contract With A Leading Provider of Educational &Career Enhancement Services in China, Ambow Education - Jun 30, 2011
http://finance.yahoo.com/news/Lingo-Media-Signs-Contract-ccn…


Lenovo To Install Lingo Media’s Software On Millions Of Computers In China - Jul 12, 2011
http://finance.yahoo.com/news/Lenovo-to-Install-Lingo-ccn-21…


iGroup to Sell Lingo Media Products &Services in 15 Asia Pacific Markets - Aug 3, 2011
http://finance.yahoo.com/news/iGroup-to-Sell-Lingo-Media-ccn…

[Popeye82]

B &MGF - AR ´10 - Aug 3, 2011
www.gatesfoundation.org/annualreport/2010/Documents/2010-ann…

[Popeye82]

Rio Verde Minerals - Announces Commencement of Trading on the Toronto Stock Exchange(TSX:RVD) &the Appointment of New Board Members; Drilling has commenced on the Company's priority prospect, 1.55 Bt estimated from 11 oil drill holes; 1st Sergipe Resource Estimate expected in Q1´12; Targets up to 10Billion tonnes - Aug 3, 2011
www.marketwire.com/press-release/rio-verde-minerals-announce…

[Popeye82]

Wavefront Technology Solutions - Powerwave Brings Production Boost to Harmattan Unit; Daily Oil Production @A Triaxon Operated Property Increases by 53% or 70 Barrels - Aug 2, 2011
www.marketwire.com/press-release/wavefront-technology-soluti…

[Popeye82]

Uranium resource expansion potential in India; Following a four year survey of a site in Andhra Pradesh state for the Tumalapalli mine Secretary of the Department of Atomic Energy, Srikumar Banerjee told a reporter that the deposit "may potentially host" up to 150,000 tonnes of uranium. Previous estimates suggested that only about 15,000 tonnes of uranium would be produced @the mine, which is due to start operating by the end of the year - U3O8.biz - Jul 21, 2011

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=468084&_Type=Ma…

[Popeye82]

International Resource Journal - Aug11

Editors Note

In the word s of Luiz Mello, director of the Vale Technology Institute (“Instituto Tecnológico Vale” or “ITV”) in the coming years many companies “will not only be considered for how green they are , but perhaps also allowed to keep functioning ,” and they don’t get much more prominent in the extractive industries than Vale.

Mello and his team dropped by to talk us through how Vale is carrying out innovative technological research (and educating the masses in the process) to prep for this inevitable time, and the knowledge-sharing, key people and schemes involved proved both insightful and inspiring. It won’t be long before we all hear a lot more about their globallyfocused work.

We continued our foray across the LatAm nations by meeting with our top picks in mining; Amarillo Gold, Hot Chili Limited, Cenaturus Metals and Lithium Americas, throwing in a closer look at Brazil’s booming biofuels industry for good measure.

Kudos goes to Catalpa Resources—the team’s newly announced merger leaves the company looking better than ever—and of course, it wouldn’t be a September issue without touching on Australia’s carbon tax reveal, Mongolia’s continued surge of coal interest or a word from our Anglo office who have been most impressed by the renewable news streaming out of the U.K. in the last few weeks.

Speaking of news, why not offer up your own? We’re on the hunt for columnists, media partners and as always we’d love to hear from you. (And let’s face it, between ‘Hackgate’ in London and the U.S. debt conundrum, we could all do with a good yarn! )

Our best wishes until next time,

Nuala ...
www.internationalresourcejournal.com/E-MAG/2011/Aug/file.pdf

[Popeye82]

The Biggest Opportunity Of The Next Decade Is Unfolding ; Biggest Patent Auction in History Just Went Down - iSA - Jul 26, 2011

- Lou Basenese -
www.istockanalyst.com/finance/story/5315082/the-biggest-oppo…

[Popeye82]

U.S. Department of Energy Small Business &Clean Energy Alliance Partnership Expands in Scope - MW/iSA - Aug 3, 2011
www.istockanalyst.com/business/news/5336029/u-s-department-o…

[Popeye82]

Go Capital I, Inc. &Bending Lake Iron Group Limited Sign Amalgamation Agreement for Qualifying Transaction - MW/iSA, TORONTO - Aug 3, 2011
www.istockanalyst.com/business/news/5335447/go-capital-i-inc…
www.bendinglakeiron.com/Baffinland_vs_Bending _Lake_Iron_Gro…

[Popeye82]

Levelized Cost of New Electricity Generating Technologies - IfER - Feb 1, 2011
www.instituteforenergyresearch.org/2011/02/01/levelized-cost…
www.instituteforenergyresearch.org/wp-content/uploads/2011/0…

[Popeye82]

"Herdenverhalten" an Börsen; Panik am Aktienmarkt beruht NICHT auf fundamentalen Daten - DPA, FRANKFURT - Aug 3, 2011
http://web.de/magazine/finanzen/wirtschaft/13383248-panik-an…

[Popeye82]

Stanmore Coal - Initial 94 Mt Marketable Coal Reserve, @The Range Project - Aug 4, 2011

HL:

+ Marketable Coal Reserve of 94 million tonnes(Mt) @The Range

+ Indicated Resource of 151 Mt

+ Inferred +Indicated Resource upgraded by 5% to 229Mt

+ Substantial clean ‘bypass’ coal identified(30 ‐50% of total) ‐ materially improving the Project economics &potential yield for the Marketable Coal Reserve

+ Additional seams intersected to the west of the main deposit ‐ potential to expand resource ...
http://stocknessmonster.com/news-item?S=SMR&E=ASX&N=233901

[Popeye82]

Legacy Iron Ore - Increased Exploration potential @Mt Bevan; CEO: "The reconnaissance @Mt Alexander illustrates the excellent potential of the Legacy/Hawthorn Resources Mt Bevan joint venture, with initial targets having the potential to add significantly to the already large magnetite resource @Mt Bevan. What is even more exciting for Legacy is the potential shown for the definition of DSO hematite resources." - Aug 4, 2011

HL:[/b]

+ Field Reconnaissance @Mt Alexander indicates potential for an additional major magnetite resource.

+ Thick, extensive outcrops of magnetite rich BIF over 2.5km strike.

+ Exploration Target* of 250 – 350Mt grading 30% - 40% Fe, additional to Exploration Target* for southern area of 1.5 – 2.0Bt grading 30% - 40% Fe.

+ Forms separate northern part of the Western BIF - hosts Mt Bevan magnetite resource to the south.

+ Substantial zones of martite(hematite) replacement of coarse grained magnetite.

+ Potential for fault related DSO hematite. ...
http://stocknessmonster.com/news-item?S=LCY&E=ASX&N=552178

[Popeye82]

Peak Resources - Drill results confirm major Rare Earth discovery, @Ngualla - Aug 4, 2011

HL:

+ NRC026: 64m @5.26% REO from surface &32m @5.15% REO from 88m to EOH

+ NRC027: 131m @5.23% REO from surface

+ NRC028: 56m @5.09% REO from surface ...
http://stocknessmonster.com/news-item?S=PEK&E=ASX&N=552165

[Popeye82]

Strathmore Minerals - Strathmore &Korea Electric Power Corp. Enter Into a Binding Heads of Agreement for a Phased US $45 Million JV Development of Gas Hills Uranium Properties, Wyoming - August 05, 2011
http://tmx.quotemedia.com/article.php?newsid=43623206&qm_sym…

[Popeye82]

Baobab Resources Plc - Massamba Camp Drilling Update; MD: "“a dramatic improvement in drilling productivity has enabled exploration campaigns over the Massamba Camp to get back on schedule. Drilling @Tenge/Ruoni is particularly encouraging &endorses our belief that the prospect will host substantial, readily exploitable, resources. We anticipate that the drilling campaigns @Ruoni North &South will be completed by the end of August to coincide with the commencement of drilling @Tenge. We are working closely with the laboratories both in Mozambique &Australia to ensure the best possible analytical turnaround times &look forward to presenting the resource estimate for South Zone this month, followed by Chitongue Grande &Ruoni during September &October. From results received to date, Baobab is confident that, by Q4 ´11, it will have exceeded its earlier guidance of an expected global resource of 300mt. " - August 05, 2011

HL:

+ The South Zone prospect resource estimate is scheduled for release during August. Final work is waiting on pending analyses from the laboratory.

+ The expansion resource drilling campaign @Chitongue Grande has been completed with thirty six reverse circulation(RC) holes drilled for an aggregate total of 6,275m. Down dip &along strike projections of the existing resource have been intersected. Consultants will commence a resource estimation shortly.

+ Drilling @Tenge/Ruoni is progressing rapidly. Drilling has intersected a heavily mineralised package varying in thickness from 60m to 150m. Mineralisation has been synformally folded with the fold hinge plunging gently to the west-northwest. Exploration campaigns in the prospect area have been divided into three resource blocks:

+ Ruoni North: representing 1km of strike along the northern limb of the fold. Twenty two RC &diamond holes have been completed to date across seven traverses for an aggregate total of 4,040m. Drilling has intersected a robust package of mineralisation from surface dipping @25° to 45° to the southwest. An additional five drill holes need to be completed before resource estimation work may commence.

+ Ruoni South: representing 1.2km of strike along the southern limb of the fold and located approximately 1km south of Ruoni North. Twelve RC &diamond holes have been completed to date(2,270m) with an additional nine holes required to complete the programme. Mineralisation in the Ruoni South area is generally steeper dipping(c.65° to the north).

+ Tenge: representing the hinge zone of the fold &covering an area of approximately 0.5km2. Drill sites are being constructed in preparation for two diamond rigs scheduled to commence drilling by the end of August. Approximately 3,000m has been designed to assess the Tenge area. ...
www.baobabresources.com/Announcements/20110805/BAO_AIMReleas…

[Popeye82]

Talon Metals - Inferred Mineral Resource Estimate Exceeds 1 Billion Tonnes @ the Trairão Iron Project, Brazil; 60% Increase in Inferred Mineral Resources @Trairão Project; P/CEO: "Reaching our initial strategic threshold of one billion tonnes is a key milestone in advancing our flagship Trairão Iron Project. This project has continued to exceed our expectations &we are aggressively moving forward towards completing a preliminary economic assessment this year, &a prefeasibility study next year." - Aug 4, 2011
http://finance.yahoo.com/news/Talon-Metals-Inferred-Mineral-…

[Popeye82]

Gold Resource - Arista Mine Development Reaches LevelVII; Baja +Arista High-Grade Veins - Aug 4, 2011

Initial level 7 Arista vein selective channel sample highlight assays include*:

Sample # 113228
+ 5.3 meters of 11.91 g/t gold, 3499 g/t silver, 1.47% copper, 2.04% lead, 3.78% zinc


Sample # 113213
+ 3.4 meters of 16.11 g/t gold, 1419 g/t silver, 1.32% copper, 2.62% lead, 4.46% zinc


Sample # 113235
+ 3.3 meters of 9.92 g/t gold, 1092 g/t silver, 0.92% copper, 2.33% lead, 3.71% zinc


Sample # 113219
+ 2.5 meters of 12.5 g/t gold, 2615 g/t silver, 1.94% copper, 4.50% lead, 6.76% zinc


Sample # 113160
+ 2.3 meters of 7.97 g/t gold, 1419 g/t silver, 1.75% copper, 1.76% lead, 3.97% zinc


Sample # 113180
+ 1.7 meters of 21.86 g/t gold, 5344 g/t silver, 1.09% copper, 7.07% lead, 6.59% zinc

Including,
+ 0.8 meters of 45.45 g/t gold, 10904 g/t silver, 2.04% copper, 6.69% lead, 9.12% zinc


Sample # 113203

+ 3.6 meters of 2.93 g/t gold, 426 g/t silver, 0.87% copper, 5.12% lead, 6.74% zinc


Sample # 113146

+ 4.6 meters of 2.59 g/t gold, 491 g/t silver, 1.09% copper, 2.43% lead, 7.35% zinc ...
www.goldresourcecorp.com/releases/GRC-2011-08-04-1.pdf

[Popeye82]

Rio Verde Minerals - Announces Definitive Agreement for Acquisition of Fosfatar Mineracao Ltda.; Company expects that transaction will add immediate value to Rio Verde, moving the company from pure explorer to producer status, +generating near-term cash flow to be used to self-fund its exploration +development plans . Fosfatar's flagship project, the Sapucaia Phosphate Project("Sapucaia"), is shovel-ready , with equipment on site, +it possesses a potential 10-year mine life. The Company's preliminary timeline estimates that production @Sapucaia will commence in early ´12, with an initial production rate of 100,000 tpy of high-grade aluminum phosphate, later growing to 150,000 tpy; P/CEO: "We are extremely pleased with the acquisition of Fosfatar Mineração Ltda., as it is a valuable addition to Rio Verde. The Project has the potential to create positive near-term cash flow, which will be used to fund our exploration program @the Sergipe Potash Project. With this acquisition, our aim of becoming a "non-dilutive exploration company" is well within reach "; RVD currently conducting technical due diligence @the Sapucaia Project to confirm, +potentially expand, current delineated occurrences (currently non NI 43-101 compliant) +to further test the applicable recovery process - Aug 4, 2011
www.marketwire.com/press-release/rio-verde-minerals-announce…

[Popeye82]

5 Critical Mineral Stocks to Watch - HGR - Aug 2, 2011

- ... This month's issue is completely dedicated to critical minerals and the Canadian listed companies that are in pursuit of these strategic resources.

Critical minerals is a broad-based category and constitutes various minerals and elements; the majority of which are minor "technology" metals. Geography and availability of domestic supply often defines which
minerals are deemed "critical" for any particular region or country.

Our feature article this month is entitled, "5 Critical Mineral Stocks to Watch" and looks at 5 Canadian listed public companies that we found of interest for different reasons.

We also bring you exclusive one on one interviews with the CEOs from three of the companies that made our list. We interview Bill Radvak, President &CEO of American Vanadium, a mineral exploration and development company that hopes to provide 50% of America's annual vanadium requirements; and, we discuss the future prospects of Northern Graphite, a recently listed company on the TSX-V Exchange focused on developing a graphite mine in Ontario, Canada with the company's President & CEO Greg Bowes.

In addition, we connect with the first female executive to be featured on the cover of the Highgrade Review, Mari-Ann Green, President & CEO of Formation Metals. Formation Metals is developing a domestic supply of cobalt within the United States. And we feature an article from Highgrade contributor Rick Mills entitled, "What Makes a Mineral Critical?". ... -
www.highgradereview.com/critical-minerals-2011/

[Popeye82]

Central Petroleum - Surprise 1 re-entry &other wells; are the re-entry &testing of Surprise-1 in the Amadeus Basin for oil potential in both conventional &unconventional horizons, followed by the drilling of the 4 Billion barrel Madigan prospect(P50 UOIIP) in the Pedirka Basin &the 2 TCFG Mt Kitty prospect(P50 UGIIP).The Mt Kitty prospect is anticipated to host condensate as well as helium, a valuable gas originally discovered in the sub-salt Magee prospect in the Amadeus Basin in 1992(Magee-1) - Aug 5, 2011
http://stocknessmonster.com/news-item?S=CTP&E=ASX&N=552303

[Popeye82]

ZYL - Additional Anthracite Coal Intersections, @Kangwane; complete drilling program is designed to prove up existing exploration results, increase the global resource base &to delineate Proven &Probable Reserves @Kangwane. The focus of the program is to confirm &expand upon existing areas identified for potential open-cut mining operations; 1st phase of confirmatory &infill drilling comprising of 40 coal boreholes, totalling approximately 4,000 metres, has been completed; results of phaseI drilling confirm the near surface nature of the coal present, supporting the decision to focus the Bankable Feasibility Study on the proposed North Open-pit Mining Area &the proposed South Open-pit Mining Area; CEO: "Given the high value of anthracite coal, the thickness of seams intersected during the drilling programs represents a highly successful outcome for ZYL" - Aug 5, 2011

HL:

+ Drilling results confirm additional significant anthracite coal intersections @the Kangwane Anthracite Project

+ Significant Additional Anthracite Coal Intersections include:

Potential open-cut coal intersections

- 7.38m in 2 seams from 70.33 metres to 78.67 metres(SY052P)
- 3.74m seam from 41.23 metres to 44.97 metres(SY053)
- 5.77m in 2 seams from 60.21 metres to 66.49 metres(SY087)


+ 2nd phase of drilling is expected to be completed during August ´11 ...
http://stocknessmonster.com/news-item?S=ZYL&E=ASX&N=552300

[Popeye82]

Full Metal Zinc - Exploration Program Underway @the Fortymile Silver-Lead-Zinc Project, Alaska; Previous drill results from LWM intersected upto 44.6 meters @15.9% Zn, 5.3% Pb &76.6 g/t Ag, 15.6 meters @21.2% Zn, 8.7% Pb &127.0 g/t Ag &6.48 meters @464.2 g/t Ag, 31.6% Zn, 11.3% Pb &1.41% Cu; Drilling to-date has encountered massive sphalerite/galena/chalcopyrite mineralization over 900 meters of strike length, &in excess of 250 meters below surface, LWM remains open for expansion to the south &@depth. - Aug 4, 2011
www.marketwire.com/press-release/full-metal-zincs-exploratio…

[Popeye82]

Nautilus Minerals - awarded exploration tenements in Eastern Pacific; Sponsored by the Tongan Government , TOML has been granted approximately 75,000 km2 of prime exploration territory in the CCZ, which lies in international waters between Hawaii +Mexico; As a result of exploration conducted in the ´80s, the CCZ is known to host significant deposits of polymetallic nodules, which are golf ball sized nuggets, rich in copper, nickel, manganese +cobalt, lying on the seafloor in water depths starting @4500m ; CEO: "@Nautilus, with our 1st project @SolwaraI in the Bismarck Sea, we are adapting technologies to access seafloor mineral resources in water depths of 1600 metres. Ultimately, we intend to seek to establish the capacity to expand operations to undertake larger scale projects envisaged in the deeper waters of the CCZ. Nautilus is pleased to be @the forefront of development, working with industry &the scientific community to establish methodologies &processes to develop these significant resources in ways that are "socially +environmentally responsible" "; ISA previously has awarded eight exploration permits to government entities for polymetallic nodule exploration, but has NOT previously granted licences to private sector organizations. TOML's application for exploration permits represented "a new milestone in the life of the(International Seabed) Authority " according to ISA Secretary General Nii Allotey Odunton - Jul 22, 2011
www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=4…
www.nautilusminerals.com/i/pdf/TOMLJuly2011.pdf

[Popeye82]

China Africa Resources Arrives On Aim, Hungry For Deals - MS - Aug 4, 2011

- Alastair Ford -
http://minesite.com/news/china-africa-resources-arrives-on-a…

[Popeye82]

Cleveland Mining Company - Acquires Iron Ore Project in Brazil; large, greenfields tenement package is bounded by iron ore projects held by Anglo American &Cliffs Natural Resources, Brazilian megaminers Mineração e Metalicos S.A(MMX) &Vale, &is located between Beadell Resources Ltd’s(ASX:BDR) Tucano &Tartaruga projects. Cleveland has limited geological information about the tenements; although, outcropping hematite &itabirite mineralisation has been identified within the tenements during preliminary geological investigation; Company will immediately commence geological reconnaissance to better understand the scope &characteristics of the mineralisation; MD said that the northern Brazilian state of Amapá is emerging as the world’s newest address for high‐quality iron ore : "I have personally assessed iron ore projects globally for most of the past decade &am now encouraged that we may have found a location that fits the structural &economic requirements of an emerging iron ore company. Amapá is coastal, pro‐mining, subject to sound legislation &taxation, &is politically stable, whilst having good infrastructure &access to low cost, yet skilled labour – all in association with high‐grade iron ore. The 1st mining companies working in Amapá appear to be progressing very well. Anglo American produced approximately four million tonnes of iron ore within the region last year &has brokered an iron ore off‐take agreement with ASX‐listed Beadell Resources, who have themselves delineated a multi‐million ounce gold resource. Vale &Cliffs are our newest next‐door neighbours"; Infrastructure in the area is excellent. The site is approximately 5km from sealed roads, 25km from a railway, &around 100km from the port of Macapa. The town of Ferreira Gomes is 20km away &a hydro‐electrical power facility is located on the tenement’s southern boundary; management team has "solid" experience in iron ore exploration &production, with Mr Mendelawitz &Mr Williams holding key positions @Fortescue Metals Group Ltd. from grass‐roots exploration through to project construction, ramp up, &into full scale production - Apr 20, 2011

HL:

+ Acquisition of the 1,000km2 Porto Grande iron ore project in Amapá state, northern Brazil.

+ Outcropping, hematite &itabirite mineralisation.

+ Nearby rail, port, roads, towns &hydroelectric power‐plant.

+ Ownership through Hong Kong‐based subsidiary, Cleveland Mining HK Ltd to facilitate future funding.

+ New iron ore division formed, discrete from precious metals division. ...
http://stocknessmonster.com/news-item?S=CDG&E=ASX&N=538185


Acquisition of San Antonio Copper Project - Jun 1, 2011
http://stocknessmonster.com/news-item?S=CDG&E=ASX&N=543795


QAR - Jul 29, 2011
http://stocknessmonster.com/news-item?S=CDG&E=ASX&N=551127

[Popeye82]

AgriMarine Holdings - AgriMarine &MBSAI, a not-for-profit foundation - which has received $1.05 billion as part of the Government's commitment to create a healthy environment &a high quality of life for all Canadians - created by the Government of Canada to support the development &demonstration of clean technologies which provide solutions to issues of climate change, clean air, water quality &soil, &which deliver economic, environmental &health benefits to Canadians. - Announce Additional Funding From Sustainable Development Technology Canada; SDTC contribution will be advanced to MBSAI pursuant to specific milestones, while AgriMarine has committed $7.27 million to rear the salmon as part of the demonstration project. The increased contribution by SDTC will be used to provide additional support for the development &demonstration of a 4-tank salmon operation with an annual capacity of approximately 900 tonnes. The Gordon &Betty Moore Foundation &Coast Sustainable Trust, contributed to earlier milestones of the project; Natural Resources Minister: "Through our support for cutting-edge clean energy technology we are creating high-quality jobs &protecting our environment. This project demonstrates our leadership in driving technology innovation to help create a vibrant clean energy industry in Canada."; P/CEO: "SDTC's contribution to the Middle Bay Project demonstrates the Canadian government's commitment to fostering emerging clean technologies that will contribute to the strengthening of the environment, &solid-wall containment salmon rearing technology will assist in the protection of the marine environment &wild fish stocks. We believe that the Middle Bay Project will continue to demonstrate that solid-wall containment salmon farming is a viable &cost effective alternative to net cage operations &is capable of supporting sustainable growth of the salmon farming industry in BC &around the world. "; SDTC P/CEO: "The technology being developed through this project is a great example of the combined environmental &economic benefits that clean technologies can provide to Canadians. It has the potential to increase the rearing capacity of the Canadian &global salmon farming industry by allowing for sustainable aquaculture growth in coastal communities, while minimizing interference with marine environments ." - Aug 3, 2011
http://finance.yahoo.com/news/AgriMarine-and-MBSAI-Announce-…

[Popeye82]

Spur Ventures - Mining Licenses Transferred to Yichang Maple Leaf Chemicals; legality of YMC finally owning the two mining licenses backed by security of the title issued by MOLAR result in YMC having a tangible &valuable asset in a country where high quality, large scale phosphate mines are in short supply. This title transfer also confirms that Spur, as a foreign investor, has been "grandfathered" to maintain its equity stake in YMC despite the fact that since ´08 the Ministry of Commerce has placed foreign investments in phosphate deposits on its restricted investment list. The mining licenses were issued by MOLAR to YPCC in ´04 under the terms of the ´03 YMC joint venture agreement between Spur &YPCC for the sole purpose of YPCC's "in kind" Registered Capital contribution to YMC. Both joint venture partners must complete their Registered Capital contributions with additional cash by December 31, ´11; The transfer of the two mining licenses from YPCC to YMC was a complicated &time consuming process requiring multiple approvals @the district, country, Yichang City, Hubei Province &Central government level because the deposits are state owned assets of Yichang SASAC being transferred to a foreign invested entity. The entire process began in March of ´05 &since that time international phosphate prices for DAP(di-ammonium phosphate) fertilizer have increased from $220 to $650 per tonne while Chinese domestic prices have increased from $200 to $508 per tonne; Securing the title to the two mining licenses in YMC's name represents a key step in the process detailed in the Company's March 30, ´11 press release which outlined YMC's plans to develop the two phosphate deposits &to upgrade the rock phosphate into high quality phosphate fertilizers - Auv 3, 2011
www.marketwire.com/press-release/spur-ventures-inc-mining-li…

[Popeye82]

Ucore Rare Metals - Receives Priority Permitting Assistance from US Dept of Agriculture; will allow the Bokan project to proceed significantly faster than previously anticipated, reducing project development time by a year or more - Aug 3, 2011
www.marketwire.com/press-release/ucore-receives-priority-per…

[Popeye82]

Lydian International - Announces EBRD Investment in Armenian Operations; European Bank for Reconstruction +Development Exercises Warrants +Assigns Funds for Use in Armenia - Aug 3, 2011
www.marketwire.com/press-release/lydian-announces-ebrd-inves…

[Popeye82]

Software Radio Technology - Strategic Agreement in India; Following the terrorist attack in November ´08 when gunmen arrived in Mumbai in a hijacked fishing boat, the Indian authorities have commenced the implementation of a nationwide coastal security programme, which includes the fitting of all vessels with a tracking device monitored from a shore based network. This programme will require up to an estimated 300,000 vessels to be fitted. - Aug 5, 2011
www.softwarerad.com/pdfs/strategic_agreement_in_India.pdf

[Popeye82]

Australia growth forecasts lowered -to 3.25%, down from its earlier 4.25% forecast; said this was due to slower-than-expected recovery from the floods earlier this year, +subdued consumer spending - BFN - Aug 5, 2011
www.investegate.co.uk/InvArticle.aspx?id=240862