Eisennuggets starten durch.
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"Wie gesagt, da stand der Kurs 100% höher. Jetzt die IR darauf konfrontiert, kommt (erwartungsgemäß) keine Antwort."
Dito. Dass du da keine Antwort bekommst ist bei dem Verhalten keine Verwunderung.
"Jedoch, ob man das PP nach der FS bei einem höheren Kurs hätte machen können, ist Spekulation."
So ist es.
"Danach muss erst das JV geschlossen werden, bevor die Chinesen das Geld auszahlen. Also alles mehr als knapp für dieses Jahr und bei weitem zu spät, um mit dem Geld der Chinesen noch ein Bohrprgramm zu starten."
Richtig. Das zeigt dann aber, dass man nicht gut geplant hat und das vorübergehende, hohe Kursniveau während der letzten 12 Monate nicht genutzt hat. Schau dir bzgl. den Finanzierungskonditionen bsp. Champion Minerals an, die ohne den Support eines chinesichen Unternehmens sich eindrucksvoll finanzieren konnten - und den hohen Aktienkurs vorteilhaft ausgenutzt haben. (http://www.championminerals.com/vns-site/...ught_deal_financing.html)
Link. http://www.rbmilestone.com/eNewsletter/June/...ewsletter-06.27.12.pdf
Alles schön und nett zu lesen, erklärt u. entschuldigt das aktuelle PP jedoch keinesfalls. Solche Info gehören wenn dann auch bsp. in die jüngste NR, damit die Aktionäre evtl. besser verstehen können, weshalb das Unternehmen so vorgeht..
TORONTO, ONTARIO--(Marketwire - July 11, 2012) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) today announced results up to 69.30% Fe from the Tuktu Iron Ore Project located on the Melville Peninsula in Nunavut, Canada. The recently completed channel sampling and prospecting program along the northern limits of the Tuktu 2 magnetic anomaly confirms the direct ship ore (DSO) potential of the target. Equally important to the high iron grades is the consistent low Sulphur content.
This recent field work represents a follow up examination of the 2,100 metre, Tuktu 2 magnetic anomaly that in 2011 yielded 63.85 % Fe and 62.26% Fe (see press release - October 26, 2011) separated by 1,600 metres. The southernmost limits have not yet been examined. The July 2012 results, summarized below and taken within 100 metres of 2011's 63.85% Fe sample confirm the presence of very high grade iron at Tuktu over a substantial area.
To view the table associated with this press release, please visit the following link: http://media3.marketwire.com/docs/AdvancedTable.pdf.
Of special note is the presence of abundant specular hematite, a form of iron oxide not seen before at the Tuktu Iron Ore Project. Grab sample 12ATP071 (69.3% Fe) was taken from a 50 square metre outcropping of specular hematite located 100 metres to the east of the channel samples, approximately in the centre of what is interpreted as the nose of the folded iron formation. The geology noted in the field agrees well with the results of the ground magnetometer survey completed in 2011.
John Gingerich, president & CEO, commented:
TORONTO, ONTARIO--(Marketwire - July 17, 2012) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6) (the "Company") is pleased to announce today that it has completed an initial closing of its previously announced brokered private placement for total gross proceeds of $1,792,370 (the "Offering"). Specifically, the Company issued: (a) 2,805,952 units ("Hard Units"), at a price of $0.21 per Hard Unit, for proceeds of $589,250; and (b) 5,013,000 "flow-through" units ("FT Units"), at a price of $0.24 per FT Unit, for gross proceeds of $1,203,120. The offering of Hard Units was over-subscribed, and the maximum number of Hard Units issuable pursuant to the Offering was increased to up to $700,000 (or 3,333,333 Hard Units). Industrial Alliance Securities Inc. (the "Agent") acted as agent in connection with the Offering. A second closing of the Offering is contemplated by the Company.
Each Hard Unit consisted of one common share in the capital of the Company and one non-transferrable common share purchase warrant (a "Hard Unit Warrant"), with each Hard Unit Warrant being exercisable to acquire one common share of the Company at a price of $0.30 until July 17, 2014. Each FT Unit consisted of one "flow-through" common share in the capital of the Company and one-half of one non-transferrable common share purchase warrant (each whole common share purchase warrant, a "FT Unit Warrant"), with each FT Unit Warrant being exercisable to acquire one common share of the Company at a price of $0.40 until July 17, 2014. The expiry date of the Hard Unit Warrants and FT Unit Warrants may be accelerated in certain circumstances.
The proceeds from the sale of FT Units will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)) and will be renounced for the current taxation year.
In connection with the Offering, the Agent received a cash commission equal to 7% of the gross proceeds of the Offering and compensation options exercisable to acquire that number of common shares of the Company equal to 7% of the aggregate number of Hard Units and FT Units issued and sold under the Offering, at an exercise price of $0.24 per share, until July 17, 2014. In respect of certain "president's list" purchasers, the Agent's compensation was reduced to 3.5% cash commission and 3.5% compensation options, respectively.
All of the securities issued in connection with the Offering are subject to a hold period expiring on November 18, 2012.
The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.
ON BEHALF OF THE BOARD
John Gingerich, President & Chief Executive Officer
Junior Producers, Development/Advanced Exploration Stage
http://www.kitco.com/ind/matlack/jul162012_juniors.html
Marketwire via CMTX - 18 mins ago
Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") wishes to announce that a delegation from XDIP will be meeting with AEI management this week to discuss the Roche Bay project Feasibility Study. Various development scenarios including a potential project start-up utilizing environmentally friendlier and lower cost LNG Power (liquefied natural gas) are also part of the discussion.
In addition, the Company wishes to announce that TetraTech Wardrop Inc. ("Tetra Tech"), the feasibility study's lead author, has confirmed that results of the study will be available for release during the week of August 8th, 2012.
John Gingerich, president & CEO, commented:
"We are pleased with the progress made by TetraTech, and considerable effort was made on their part to meet the release schedule. While the study is very close to completion, this minor delay is needed to complete the final review of their findings."
ON BEHALF OF THE BOARD
John Gingerich, President & CEO
http://www.barchart.com/headlines/story.php?id=5780874
Nunavut would like nothing more than be the master of its own destiny and has begun negotiations with the federal government to transfer land rights and royalties as it seeks to explore its fossil fuel riches, says Peter Taptuna, Nunavut’s Minister of Economic Development and Transportation. Excerpts from the interview:
Q The Arctic has become a focus area for many jurisdictions. Has Nunavut also noticed a surge in interest in its petroleum resources?
http://business.financialpost.com/2012/07/20/...r-long-arctic-winter/
Advanced Explorations Inc. (ticker AXI on the TSX-V) backed by Chinese investment capital of up to $1B is planning on developing a massive iron ore deposit at Roche Bay on the Melville Peninsula.
The property, located south of Hall Beach and only 10 kilometres from the coast, has the potential to produce one million tonnes of iron nuggets. The resource includes:
C Zone- 501 million tonnes @26.3% Fe (Indicated) - 66 million tonnes @ 26.3 Fe (Inferred)
A/B Zone - 92 million tonnes @24.6% Fe (inferred)
Tuktu 1: - 465 million tonnes @31.1% Fe (inferred)
AXI states that the permitting process is underway and that it has completed six years of environmental baseline studies. The company says it has strong relationships with Inuit communities.
It plans to obtain the required permits in 2013-14 and to start construction. A feasibility study for the Roche Bay C Zone targeting a 5 million tonne/year concentrate start-up production is near completion.
The joint venture partners are XinXing Ductile Iron Pipes, one of the world’s largest producers of cast iron pipe, and China Huaxin International.
AXI trades at $0.20 with a market cap of $32M. It is based in Toronto. One year ago the company’s shares traded at $0.52.
Commentary
This project requires limited infrastructure compared to the Mary River project by virtue of being so close to tidewater. There is not much on line as to how many jobs would be created or the CAPEX. Suffice to say this would be another large project for Nunavut.
http://northof56.com/minerals/article/...s-second-giant-iron-ore-mine
Equedia.com and The Equedia Weekly Letter provides research on Canadian companies with a focus on mining and resource stocks. Equedia is continuing research and evaluation on the prospects of Tanzania Minerals Corp. (TSX VENTURE: TZM) and Advanced Explorations Inc. (TSX VENTURE: AXI). To be further notified of our updates on these companies and special report editions through the Equedia Weekly letter, please obtain your free subscription here:
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Many companies previously featured in our special report editions have hit new 52 - week highs since the initiation of our coverage and many companies under evaluation have made strong gains since being placed under evaluation. To receive these reports, please make sure to subscribe for your complimentary subscription to Equedia Weekly here:
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Here is a brief excerpt from one of our latest weekly letter, "A Really Big Problem":
"It's not a coincidence that the US is both the largest holder of gold bullion and the world's reserve currency; it has more than 76% of its foreign holdings in gold. China, on the other hand, owns less than 2% of its foreign holdings in gold. Furthermore, the US has nearly 8 times more gold than China. China will be increasing its gold reserves.
I mentioned a few weeks back that banks in Europe will soon have to recapitalise their tier 1 assets in gold bullion. What many are unaware of as well is that the recent proposal from the Germans on the European redemption facility requires that gold...
To continue reading and receive your next free edition of Equedia Weekly, please subscribe by going to http://equedia.com/equediaweekly/ and visit http://equedia.com/blog/view.php/A-Really-Big-Problem for a copy of this edition.
You should also visit www.equedia.com to gain access to insider information, analyst ratings, videos, corporate coverage, financials, and in-depth stock charts for the above mentioned companies. Shareholders are also asked to assist our staff by providing us more details on your knowledge of the above-mentioned companies as we put them under evaluation. By registering through www.equedia.com, you can upload your findings and attach them to the respective companies under their corporate landing page.
Register through the following link to gain access:
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The Equedia Weekly investment video newsletter features stock picks, videos and investment strategies from North America's leading investment personalities and gives you free
http://www.barchart.com/headlines/story.php?id=5918966
IIROC: Halt, Advanced Explorations Inc.
VANCOUVER, BRITISH COLUMBIA - (Marketwire - 10. August 2012) - Die folgenden Probleme wurden durch IIROC / L'OCRCVM ein suspendu la négociation des Titer suivants gestoppt worden:
Unternehmen / Société: Advanced Explorations Inc.
TSX-Venture Symbol / Symbole à la Bourse de croissance TSX: AXI
Grund / Motiv: Auf Antrag des Unternehmens Pending News / À la demande de la société en attendant une nouvelle
Halt Time (ET) / Heure de la Suspension (HE) 09.28
http://www.marketwire.com/press-release/...plorations-inc-1689625.htm
Advanced Explorations Inc. Receives Positive Feasibility Study on Roche Bay Iron Project C Zone
TORONTO, ONTARIO--(Marketwire - Aug. 10, 2012) - Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6)(the "Company" or "AEI") is pleased to announce positive results of its Feasibility Study ("FS") conducted on the C Zone of its Roche Bay Iron Project. The FS has been completed by TetraTech Wardrop ("TetraTech") and confirms that the project has a Net Present Value of US $642 million (pre-tax). The complete report will be filed by the authors on SEDAR within 45 days of this press release.
Highlights of the Roche Bay Iron Project Feasibility Study:
5.5 million tonnes per year start-up production based upon 501 million tonnes @26.35% Fe (indicated)*
High quality, low impurity, 66% Fe concentrate production with demonstrated potential to produce 68% + concentrate
Mine life of 15 years (C Zone)
Low mine stripping ratio of 0.92:1 over life of mine (LOM) reducing overall mine costs and mine footprint per tonne of ore
Pre-Tax Net Present Value ("NPV") of U.S. $642 million at a discount rate of 8% and a concentrate selling price of U.S. $104/tonne of iron concentrate (FOB Roche Bay)
Start-up mine cash flow (net) of U.S. $2.9 billion
Pre-Tax Internal Rate of Return ("IRR") of 16%
Capital cost ("CAPEX") of U.S. $1.2 billion (excluding contingency)
Operating Cost ("OPEX") of U.S. $49.13/tonne of iron concentrate (averaged over the life of mine)
Reduced infrastructure costs due to the proximity (6 kms) of ore body to natural, deep water harbour (no rail, extended power lines, or slurry pipelines and no dependency on third parties to provide these services).
John Gingerich, president & CEO, commented:
"The completion of our Feasibility Study marks a significant milestone for the Company, and lays a clear foundation for the path forward to production. The positive economics at this initial modest start-up production rate demonstrate that we have an excellent project with substantial opportunities for expansion and to further lower the operating cost using power solutions such as Liquefied Natural Gas (LNG). The location of the project at tidewater and its consequent low infrastructure requirements promote future expansion and lower operational and construction risks, which compares favourably with many projects in Brazil, Australia and Canada. We are well positioned to become a globally competitive, low cost producer and are on our way to become one of the lowest cost iron ore producers in North America".
Die FS ist meiner Meinung nach über die Maßen konservativ ausgefallen. Vl. eine Vorgabe der Chinesen? Was auf den ersten Blick als negativ erscheint hat aber auch seine Vorteile: der Minenbetrieb auf Basis der Ressourcen der C-Zone kann auch unter der Annahme von extrem konservativen Werten wirtschaftlich von Statten gehen. Zieht man dann noch in Betracht, dass eine Erweiterung der Ressourcen und der Produktionsmenge ohne Probleme möglich ist, schaut die Sache schon wieder ganz anders aus. Von möglichen anderen Faktoren wie höhere Erzpreise, Einsatz von LNG etc. gar nicht zu reden.
Fakt ist:
Was die Chinesen jetzt tun werden weiß keiner von uns. Der share price ist aber mit Sicherheit kein Entscheidungsfaktor oder anders gesagt der Markt bzw. share price entscheidet hier sicher nicht ob und wie die Chinesen bzgl. JV entscheiden werden. Das ist eine reine Kosten/Nutzen-Frage und eine Frage der Optionen, was mich zum nächsten Punkt führt...
...AXI vs. Labrador:
Ich muss mal meine persönliche Einschätzung zu der jetzt wieder aufkeimenden Meinung vieler kundtun, dass AXI ein "dead dog" ist und man sich den vielen aussichtsreichen Explorer im Labrador zuwenden sollte. Alle Unternehmen die auf den Bau der neuen 600-800km (!) langen Eisenbahnlinie angewiesen sind und sich jetzt an FS beteiligen (Dauer 1-2 Jahre) werden noch viele Jahre keine Tonne verschiffen können. Die jetzt anstehende FS wird Klarheit über die beste Linienführung, die Kosten der Errichtung und des Betriebs geben. Dann braucht es eine Umweltverträglichkeitsprüfung (Dauer 2-4 Jahre). Konnte man sich auf die Linienführung festlegen, muss man die Gründe ablösen (ich kenne die Gesetzeslage in CAN nicht genau aber in Österreich dauert das schon mal 2-3 Jahre). Dann stellt sich die Frage wer finanziert den Bau, hier geht es um Milliardenbeträge! Selbst wenn die öffentliche Hand mitzahlt müssen die Explorer und deren Partner sehr viel Geld in die Hand nehmen. Der Bau dauert, abhängig vom Gelände und der Länge der Strecke, um die 10 Jahre. Dann ist noch die Frage zu klären, wer für den Betrieb verantworlich zeichnet und ihn finanziert. Dann stellen sich weitere Fragen wie z.B. wie schlagen sich die anfallenden Transportkosten z.B. auf die OPEX nieder? Fazit: Ich bin seit geraumer Zeit im Eisenbahngeschäft tätig und gehe davon aus, dass die neue Linie im besten Fall in 15 Jahren den Betrieb aufnehmen kann. Realistisch gesehen wird es noch länger dauern.
AXI hat kein derartiges Logistikproblem (das wissen auch die Chinesen).
Ich empfehle dazu übrigens auch das Post von Tracker88:
http://www.stockhouse.com/Bullboards/...eDetail.aspx?p=0&…
Just my 2 cents.
Highlights of the Roche Bay Iron Project Feasibility Study include:
5.5 million tonnes per year start-up production based upon 501 million tonnes @26.35% Fe (indicated)*
High quality, low impurity, 66% Fe concentrate production with demonstrated potential to produce 68% + concentrate
Minelife of 15 years (C Zone)
Low mine stripping ratio of 0.92:1 over life of mine (LOM) reducing overall mine costs and mine footprint per tonne of ore
Pre-Tax Net Present Value (“NPV”) of U.S. $642 million at a discount rate of 8% and a concentrate selling price of U.S. $104/tonne of iron concentrate (FOB Roche Bay)
Start-up mine cash flow (net) of U.S. $2.9 billion
Pre-Tax Internal Rate ofReturn (“IRR”) of 16%
Capital cost (“CAPEX”) of U.S. $1.2 billion (excluding contingency)
Operating Cost (“OPEX”) of U.S. $49.13/tonne of iron concentrate (averaged over the life of mine)
Reduced infrastructure costs due to the proximity (6 kms) of ore body to natural, deep water harbour (no rail, extended power lines, or slurry pipelines and no dependency on third parties to provide these services).
http://www.advanced-exploration.com/projects/...easibility/index.html
Advanced Explorations Inc. Metallurgical Pilot Plant Test Results Confirm High Quality, Premium Concentrate Potential
TORONTO, ONTARIO--(Marketwire - Aug. 16, 2012) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce results of pilot scale testing undertaken by Geological Survey of Finland (GTK) on the quality of the Roche Bay iron concentrate product. Most recent findings of the test work confirm that it is possible to produce a high quality premium iron ore concentrate grading 68.9% iron ideally suited for all end users of iron products. Based on the high grade and low impurities, this concentrate product would also command a market premium over the 66% iron concentrate used as a base case in the recently released Feasibility Study.
The laboratory and pilot tests were carried out on a Roche Bay representative composite sample, prepared by COREM, Québec, Canada, from 5 tonnes of ore samples taken during the 2007 and 2008 drilling campaigns and used for the development of the Roche Bay Geological Model created by Golder & Associates Ltd. The test sample was created from 729 individual drill core samples (1.5 tonne composite) selected throughout the deposit to fully characterize the iron ore deposit quality and distribution. The 1.5 tonne composite sample was submitted to the pilot high pressure grinding tests (HPRG) at Thyssen Krupp Polysius, laboratory tests at SGA Liebenburg, Germany, and laboratory and pilot tests at Geological Survey of Finland (GTK). The pilot plant testing confirms the previous laboratory test findings that a production specification premium concentrate (0,028 mm size - d80) grading 68.9% Fe, 4.8% SiO2, 0.068% S and 0.016% P is achievable.
John Gingerich, president & CEO, commented:
"The premium quality concentrate potential of the Roche Bay Project has not been factored into the Feasibility Study that evaluated a minimum target of a 66% Fe concentrate product. We have now demonstrated that we can produce a higher grade product than anticipated which will demand an additional premium adding to the project's concentrate margins. This is but one of the opportunities available to AEI to further enhance the project economics".
ON BEHALF OF THE BOARD
John Gingerich, President & CEO
TSX-Venture Symbol: AXI
Reason: At the Request of the Company Pending News Halt Time (ET): 14:18 ET
The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
http://www.barchart.com/headlines/story.php?id=6093241
Xinxing Ductile Iron Pipes Co Ltd announced that it has signed a cooperative framework agreement with Advanced Explorations Inc on August 20, 2012. According to the agreement, the two companies will jointly development the Tuktu mine project in Canada.
http://www.reuters.com/finance/stocks/AXI.V/...pments/article/2593506
http://www.xinxing-pipes.com/upload/xhEditor/...FFFD;�…
http://translate.google.at/...h-CN&tl=de&js=n&pre…
TORONTO, ONTARIO--(Marketwire - Aug. 21, 2012) - Advanced Explorations Inc. ("AEI" or the "Company") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that it has entered into an agreement with XinXing Ductile Iron Pipes Co., Ltd. ("XDIP") for the further exploration and development of the Company's Tuktu 2 project (the "Agreement"). Under the Agreement, XDIP will have the right to earn 50% of AEI's interest in the Tuktu 2 project by providing investments totalling $20,000,000 in three stages, with an initial $5,000,000 payment to AEI secured by a two-year, non-interest bearing convertible debenture.
AEI will use these funds to initiate a drill program on Tuktu 2 sufficient to investigate its direct-ship ore ("DSO") potential. Should the results of the program warrant further exploration, XDIP has agreed to make additional future investments of $5 million and $10 million toward the Tuktu 2 project. The Tuktu 2 exploration work will focus on further delineating the scope and scale of any DSO resources, with the ultimate goal of completing a Tuktu 2 feasibility study. Under the Agreement, upon completion of XDIP's investment commitments and upon review of the advancement of a Tuktu 2 feasibility study, the Agreement contemplates the formation of a joint venture for the specific purpose of developing the potential Tuktu 2 iron ore asset ("Tuktu DSO JV").
John Gingerich, president & CEO, commented:
"The Tuktu 2 agreement provides the opportunity to fast track exploration and rapidly assess the project's economic potential and if warranted, move quickly towards a development scenario that could then be aligned with the development of the Roche Bay iron project south of Tuktu. Our Roche Bay agreement with XDIP does not include the Tuktu area and this Agreement provides an important step to an integrated vision. We are very pleased that our partner shares our vision of a broader regional development scenario."
Additional terms of the agreement are as follows:
AEI will grant XDIP preferred off-take rights in proportion to their earned interest in the Tuktu DSO JV.
Although this Agreement contemplates a 50:50 joint venture, the proportionate interest of the parties in the Tuktu DSO JV entity is subject to adjustment based on identified minimum resource thresholds (measured and indicated). If upon completing a feasibility study the reserve base is less than 35 million tonnes of DSO then XDIP will acquire an additional 10% interest (60% in aggregate); however, if the reserve base exceeds 45 million tonnes of DSO then XDIP's earn-in will be limited to a 40% interest in the joint venture entity.
The first $5,000,000 investment will be immediately secured by a two-year, non-interest bearing convertible debenture as issued by the Company to XDIP. Such a debenture will be convertible either directly into common shares in the capital of the Company up to a maximum shareholdings by XDIP of 19%, or convertible into shares of the Tuktu DSO JV relative to the minimum resource threshold as specified above. The debenture will be convertible into shares of the Company with the conversion price being the greater of either: (a) a 10% discount of the weighted average trading price of the ten days before and after XDIP submitting their intent to convert, or (b) the amount equal to $0.25 per share.
AEI's current Tuktu 1 deposit, which is comprised of 465 million tonnes of iron ore at 31.1% iron in the inferred category, as well as all other claims included in the Tuktu Project area may be the subject of further discussions between the parties at formation of the Tuktu DSO JV but are currently not part of this agreement.
The Agreement has been approved by the boards of both parties but is subject to approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
John Gingerich, President & CEO
Firms put pedal to the metal on Melville Peninsula iron projects in Nunavut Advanced Explorations teams up with Chinese pipe producer on Tuktu 2, Roche Bay deposits Advanced Explorations Inc. is forging ahead with plans to develop iron mines on Nunavut’s Melville Peninsula, southwest of Hall Beach. Together, the company’s Tuktu 2 and Roche Bay deposits could contain more than one billion tonnes of iron of up to 68.9 per cent iron “ideally suited for all end users of iron products.” The company announced this week that it has entered into an agreement with XinXing Ductile Iron Pipes Co. Ltd. for the exploration and development of the Tuktu 2 project. In 2010, the Chinese company, one of the world’s largest producers of cast iron pipe, announced it would spend as much as $1 billion to fast-track Advanced Exploration’s Roche Bay iron mine project into production. Under the recent Tuktu 2 agreement, XinXing will have the right to earn 50 per cent of Advanced Exploration’s interest in the project by providing $20 million in three stages, with an initial $5 million payment. This will go towards a drill program on Tuktu 2 to investigate its “direct-ship ore potential” of the deposit, that is, whether the iron on the property is of such high grade that it can be taken out of the earth and shipped to market without further processing. Should the results of the drilling program look promising, the Chinese company has agreed to make future installments of $5 million and $10 million toward the Tuktu 2 project. “The Tuktu 2 agreement provides the opportunity to fast track exploration and rapidly assess the project’s economic potential and if warranted, move quickly towards a development scenario that could then be aligned with the development of the Roche Bay iron project south of Tuktu,” said Advanced Explorations’ president and chief executive officer, John Gingerich, in a recent company news release. “This agreement provides an important step to an integrated vision. We are very pleased that our partner shares our vision of a broader regional development scenario.” The Roche Bay project contains more than 500 million tonnes of high-grade iron ore over 140 kilometres, 60 km southwest of Hall Beach and close to the coast at Roche Bay. Earlier this month, Advanced Explorations Inc. announced “a positive outcome” of a feasibility study conducted on the part of its iron-rich Roche Bay project. The feasibility study points to a 15-year mine lifespan for a project that wouldn’t need a lot of infrastructure, since the main ore body is only six kilometres from a natural, deep water harbour. This means the mine development would need no railway, extended power lines, or slurry pipelines and there would be “no dependency on third parties to provide these services.” The proposed mine plan would include a mine, iron ore storage, tailings ponds, roads, airport and a port. To power its projects, Advanced Explorations has been working new energy sources. These could supply power, cut operating costs at the future mine and allow for more mining to take place on the site. The location of the projects, coupled with access to a deep water port, provides opportunities that could lead to a regionally based, alternative energy program, the company said earlier this year. http://www.nunatsiaqonline.ca/stories/article/...n_mine_projects_on_/
TORONTO, ONTARIO--(Marketwire - Aug. 31, 2012) - Advanced Explorations Inc. ("AEI" or the "Company") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that, as per the recent agreement with XinXing Ductile Iron Pipes Group Co. Ltd. ("XDIP") to further explore the Tuktu 2 anomaly (press released August 21, 2012) an accelerated exploration program has been initiated that is primarily focused on delineating the extent of the high grade iron mineralization where surface sampling in June of this year returned iron values of up to 69.3% Fe.
The field program will include drill testing of the Tuktu 2 anomaly, conducting more extensive surface sampling along strike, as well as geophysical surveys designed to help define the extent of high grade mineralization in the covered areas. The objective of the program is to better understand the geologic target and validate the potential to discover sufficient high grade material to support a direct-ship ore operation. Following completion of this program the Company and XDIP will assess results and determine whether additional work is required.
John Gingerich, president & CEO, commented:
"The Tuktu 2 target has indicated the potential for discovering high grade resources suitable for direct-ship. With the AEI holdings in the area exceeding 100 square kilometres, we believe there is potential to find additional mineralized zones of similar grades as the Tuktu 2 prospect. This is a very exciting time for the Company."
The Company also wishes to announce that Mr. Steve Roebuck, who has served as AEI's VP Exploration since June 2008, has resigned to accept a senior position offered by another company. AEI thanks Mr. Roebuck for his dedication and wishes him every success in his future endeavours.
ON BEHALF OF THE BOARD
http://tmx.quotemedia.com/...le.php?newsid=53938444&qm_symbol=AXI
John Gingerich, President & CEO
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Noch im letzten Jahr gab es einen großen Aufschrei in der deutschen Industrie: Die hiesigen Unternehmen hatten unter den teilweise extrem gestiegenen Preisen und der strikten Ausfuhrpolitik des Quasi-Monopolisten China zu leiden. Vor allem Anbieter von Magneten für E-Mobilität und Windturbinen, LED-Lampen-Hersteller sowie Lieferanten von Batterien und Katalysatoren für Autos ächzten unter den Preisen für Yttrium, Neodym, Samarium und Co.
Doch inzwischen hat sich das Blatt – zumindest ein wenig - gewendet: Die Preise für Seltene Erden befinden sich derzeit noch in einer Korrekturphase. Sowohl die nachlassende Weltkonjunktur als auch die teils erfolgreiche Suche nach alternativen Lieferanten haben die Preise nach ihrem Höhenflug wieder auf den Boden der Tatsachen geholt. Inzwischen lohnt sich selbst in Deutschland die Ausbeutung der Vorkommen. 400 Explorationsprojekte laufen derzeit in 36 Ländern. Hiesige Unternehmen weichen zudem auf Ersatzmaterialien aus.
Zustand weiter kritisch
Entwarnung kann aber nicht gegeben werden: „Die rasante Preisentwicklung bei den Seltenen Erden hat die Profitabilität vieler Unternehmen belastet oder sie gar in ihrer Existenz bedroht“, sagt Thomas Rinn von Roland Berger Strategy Consultants. „Die Angebotssituation, vor allem bei den schweren Seltenen Erden, bleibt weiter kritisch.“
Dieser Zustand dürfte sich noch weiter verschärfen: Die Experten der Commerzbank rechnen damit, dass die Korrektur bei den Preisen bald ein Ende haben wird. Langfristig sind die Vorzeichen ohnehin klar: Eine Studie des australischen Centre for Research in Energy and Minerals Economics kommt zu dem Schluss, dass die weltweite Nachfrage bis 2020 schrittweise auf 200.000 bis 240.000 Tonnen steigen wird. Zum Vergleich: Im vergangenen Jahr lag der Verbrauch bei 137.000 Tonnen.
Erschwerend kommt hinzu, dass sich China als mit weitem Abstand größte Fördernation mit einem Marktanteil von rund 97 Prozent bald von einem Exporteur zu einem Importeur wandeln könnte. Die politische Führung in Peking ist bestrebt, immer mehr Produktionsschritte im eigenen Land zu halten. So soll der Magnet für die Windkraftturbine künftig im Reich der Mitte hergestellt werden und nicht im Ausland. Die geringeren Preise in China sind hier ein zusätzlicher Anreiz für ausländische Investoren.
Obacht bei Investments
Angesichts dieser Aussichten sind die Seltenen Erden auch seit einiger Zeit ein Trend-Thema für Anleger. Es gibt diverse Zertifikate und ETFs, die einen der Branchenindizes oder die Preisentwicklung abdecken. Hierzu gehört der Seltene-Erden-Fonds, den UBS vor nicht allzu langer Zeit auf den Markt gebracht hat: Der ETF vollzieht des Wertentwicklung des neu aufgelegten Index Stoxx Global Rare Earth nach.
Daneben sind Investments in börsennotierte Einzelunternehmen wie Molycorp Inc. (USA), Lynas (Australien) oder China Rare Earth möglich, wobei der Aktienkurs hier ebenso eine Leidensgeschichte erzählt wie die Preise für die Seltenen Erden.
Von einer Möglichkeit sollten Anleger jedoch möglichst die Finger lassen: Dem Kauf der Metalle. Hier gibt es von monatlichen Sparplänen über Einmalanlagen bis hin zu Einkaufsgemeinschaften unterschiedliche Modelle. Doch Experten warnen: Der Markt ist für Privatpersonen äußerst intransparent und die Preisspannen kaum nachvollziehbar. Außerdem sind die nicht an der Börse gehandelten Metalle, einmal gekauft, nur schwer zu veräußern.
TORONTO, ONTARIO--(Marketwire - Sept. 10, 2012) - Advanced Explorations Inc. (the "Company") (TSX VENTURE:AXI)(FRANKFURT:AE6) announced today that it plans to raise up to $3,360,000 in gross proceeds through a non-brokered, flow-through private placement issuing up to 14,000,000 "flow-through" units ("FT Units") at a price of $0.24 per FT Unit. The proceeds from the sale of FT Units will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)) and will be renounced for the current taxation year. The proceeds are expected to fund further exploration activity on the Company's Anik project and areas outside the option agreements with XinXing Pipes Group Co. Ltd.
Each FT Unit will consist of one "flow-through" common share in the capital of the Company and one-half of one non-transferrable common share purchase warrant (each whole common share purchase warrant, a "FT Unit Warrant"), with each FT Unit Warrant being exercisable to acquire one common share of the Company at a price of $0.40 for a period of 24 months following the closing date of the Offering.
In the event the closing trading price for the common shares of the Company on the TSX Venture Exchange (the "TSX-V") is equal to or greater than $0.75 per share for five (5) consecutive trading days occurring any time after four (4) months from the closing date of the Offering, then the Company may, at its option, accelerate the expiry of the Hard Unit Warrants and FT Unit Warrants by giving notice to the holders thereof and in such case the warrants will expire at 4:00 p.m. (Toronto time) on the date which is the earlier of: (i) the 30th day after the date on which such notice is given by the Company; and (ii) the original expiry date.
A finder's fee in shares, cash, warrants or a combination of all may be payable in connection with this placement which will not exceed the maximum allowable under the policies of the TSX Venture Exchange. The offering and finder's fee are subject to completion and execution of appropriate documentation and acceptance for filing by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
John Gingerich, President & CEO
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2012) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that the current exploration program on the Tuktu project located in Nunavut has identified a second horizon within the Tuktu 2 area with high grade iron similar to the main Tuktu 2 occurrence. The Company has a portable XRF unit in the field to confirm iron content of the new occurrence. The new discovery is located on a north-south, parallel trending, magnetic anomaly located approximately 400 metres east of the Tuktu 2 zone. Outcrop exposure in the area of the discovery is limited and additional detailed geophysics and mapping is underway to help define strategic drill targets. AEI is currently drilling the northern portion of the Tuktu 2 high grade iron zone which yielded assays as high as 69.3% Fe and intends to include drill testing of the new discovery as well.
John Gingerich, President & CEO, commented:
http://tmx.quotemedia.com/...le.php?newsid=54267780&qm_symbol=AXI
"The discovery of a new horizon over 1.8 km southeast of our current drill location is very encouraging. This discovery confirms the potential for multiple lenses of high grade iron with direct ship ore type grades. Mapping and prospecting is still ongoing with particular focus on locating additional high grade opportunities."