Rohstoffjuniors: Langfristig vor Renaissance

http://www.stockhouse.com/Community-News/2012/...on-silver-intercepts  

Edelmetalle, Miningscout 10 / 07 / 2012

Mexico und seine Edelmetalle

Mexico ist ein an Rohstoffen reiches Land und wird trotz der Schattenseiten für den Edelmetallmarkt immer wichtiger. Im Februar ist die Silberproduktion auf 375.000 Kilogramm gestiegen. Die Goldproduktion stieg um 34% und die Kupferproduktion sogar um 38%. 2011 wurden in Mexico 4.500 Tonnen Silber produziert und liegt damit vor China und Peru auf dem ersten Platz. Bei Gold sieht es etwas anders aus. Dort befindet sich Mexico mit 86 Tonnen auf dem zehnten Platz. Hier ist China der Vorreiter mit 355 Tonnen gefördertes Gold im Jahre 2011.

Mexico liegt dafür aber bei den Förderkosten ganz vorne. Diese liegen durchschnittlich bei ca. 325 Dollar pro Unze Gold. Weltweit liegt der Durchschnitt bei ca. 650 – 700 Dollar pro Unze. Damit wird auch Mexico bei den Bergbaukonzernen immer beliebter.

Der Rohstoffreichtum könnte der armen Bevölkerung von Mexico viele Arbeitsplätze beschaffen, wenn denn die Sicherheitslage im gesamten Mexico nicht so angespannt wäre. Auch die Korruption wird leider immer ein Thema sein, aber die meisten Goldliegenschaften und Minen befinden sich im Süden und in der Mitte von Mexico. Der bittere Drogenkrieg findet mehr im Norden und in der Mitte des Landes und an den Grenzen zur USA seine Opfer. Bislang sind uns keine schlimmeren Vorfälle durch die Drogenkartelle bei Bergbauunternehmen bekannt und wir hoffen auch, dass dies so bleiben wird..

http://www.miningscout.de/Rohstoffblog/...delmetalle/page_1/_61/__343

 

 

It’s Heating Up in California (and Vetas), Colombia

Event
Last week we visited Galway’s California and Vetas properties located in the
Department of Santander, Colombia.

Recommendation
We continue to recommend investors accumulate shares of Galway on what
we view as significant exploration potential at California and Vetas, as well as
exposure to strong consolidation potential for the California mining region..

Quelle: http://www.stockhouse.com/Bullboards/...1521&l=0&pd=1&r=0

Quote: Galway Resources' Hauptprojekte liegen im renommierten California-Vetas District im Nordosten von Kolumbien. Die erste Ressourcenschätzung (RE) für Galway's California Projekt ist überfällig (angekündigt auf Ende Q2). Sie sollte innerhalb der nächsten 2 Wochen publiziert werden. Nordöstlich von California liegt das ehemalige weltklasse Projekt (La Bodega, La Mascota) von Ventana Gold (1,5+ Milliarden USD Übernahme durch Eike Batista's AUX), auf dem eines der signifikantesten Goldvorkommen des letzten Jahrzehnts in Südamerika entdeckt wurde - die letzte Ressourcenschätzung von AUX umfasste mehr wie 7 Millionen Unzen Gold und zudem eine schicke Silber- und Kupferressource. Das Herzstück des hochgradigen Mineraltrends setzt sich nach Südwesten über die Liegenschaften von Galway fort, die ebenfalls auf etliche hochgradige Goldmineralisierungen gestoßen sind. Es liegt nahe, dass Galway als zukünftiges Übernahmeobjekt für AUX gehandelt wird. Demnach wird die erste RE mit großer Spannung nun erwartet..

 

 

Standard Graphite Discovers New Graphite Trend on Little-Bryan Property
Standard Graphite Corporation SGH
7/11/2012 6:00:06 AM
Standard Graphite Discovers New Graphite Trend on Little-Bryan Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2012) - Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to update its shareholders on the exploration progress on the Little-Bryan property in Ontario. The ground prospecting and geological reconnaissance program resulted in the discovery of a new graphite horizon lying approximately one (1) kilometre to the north of the original trend, coincident with the North electromagnetic (EM) trend outlined by the airborne geophysical survey.

During the months of April and May 2012, Standard mandated MPH Consulting Ltd. of Toronto, Ontario to conduct a preliminary prospecting and geological reconnaissance program over its Ontario properties, Black Donald and Little-Bryan. The objective was to sample and evaluate the known graphite occurrences, as well as locating outcrops along the conductive trends highlighted during the property-scale airborne geophysical surveys completed in January of 2012.

The program was successful with the field team being able to locate and sample the historical trenches on the Little-Bryan property along the South conductor, and to trace its extent approximately three (3) kilometres past the existing work towards the west. The most important highlight of the program came with the confirmation that the newly discovered North conductor is similar to the South conductor, with both being caused by a graphite-bearing sequence of rusty gneisses and minor calcsilicates.

A total of 33 representative reconnaissance samples were collected from outcrops, including 13 from the North and 19 from the South conductors. The following map highlights the results from the first phase ground exploration program on Little-Bryan:

http://www.standardgraphite.com/i/pdf/LBryan.pdf

Chris Bogart, President and CEO, comments: "This new discovery at Little-Bryan confirms that we have selected the optimal approach to our exploration. The airborne TDEM survey proved its great effectiveness at tracing known mineralization and outlining new targets. With only 13 samples collected on the new North trend thus far, this leaves ample room along the five (5) kilometre trend for a potential high-grade discovery, while the South trend delivered some outstanding results with grades up to 9.81% Cg."

The Little-Bryan property is located some 140 kilometres from Ottawa in Renfrew County, and consists of 15 claims covering approximately 2800 hectares.  

"A total of 33 representative reconnaissance samples were collected from outcrops, including 13 from the North and 19 from the South conductors. The following map highlights the results from the first phase ground exploration program on Little-Bryan:"
 

Mal gucken, wann die ersten Ergebnisse des Ground Programs vom "kleinen Bryan :):)" eintrudeln! Bin sehr gespannt!

 

Tiberius Rohstoff-Research: Marktkommentar Juni 2012

Der Juni 2012 war eine regelrechte Achterbahnfahrt für die Rohstoffmärkte. Nachdem die großen Rohstoffindizes die meiste Zeit des Monats in negativem Bereich verharrten, brachten die letzten beiden Handelstage eine enorme Kursrallye, sodass diese letztlich im Plus schließen konnten. Die Indizes mit..

http://www.rohstoff-welt.de/news/...Research-Marktkommentar-Juni-2012

 

 

 

Der zweitgrößte Goldproduzent der Welt wird nach der Senkung des Ausblicks hart abgestraft. Der Aktienkurs fällt unter hohem Volumen an der Heimatbörse um zeitweise mehr wie 10% auf ein Niveau nahe dem 2-Jahrestief..

Markets clip Goldcorp 9.74% after lowering guidance; markets and commodities mixed

 

 

China importiert weniger Rohöl und Kupfer

Die Ölpreise starten mit deutlichen Abschlägen in den neuen Handelstag. In Norwegen hat die Regierung kurz vor Beginn der Aussperrung den seit gut zwei Wochen andauernden Streik in der Öl- und Gasindustrie für beendet erklärt. Eine Aussperrung hätte die komplette Ölproduktion des achtgrößten Ölexportlandes von bis zu 2 Mio. Barrel pro Tag lahmgelegt. Damit entfällt von nun an ein wesentlicher Faktor, welcher die Ölpreise in den vergangenen Tagen unterstützt hat. Zusätzliche Belastung für die Preise kommt von enttäuschenden chinesischen Importzahlen. China hat im Juni deutlich weniger Rohöl importiert, da die Raffinerien ihren Auslastungsgrad im vergangenen Monat merklich reduziert haben..

http://www.rohstoff-welt.de/news/...ortiert-weniger-Rohoel-und-Kupfer

 

Standard Graphite verkündete gestern gute News von den Ground Programs auf Little-Bryan - unabhängig vom Impact am Aktienkurs und dem Volumen. Wir sehen weiterhin einen enorm schwierigen Markt für Juniorunternehmen, dem gegenwärtig selbst sehr gute News und Fortschritte selten richtig trotzen können.

 

und hatte damit gerechnet, dass die kanadische Behörde nach DIESER NR "anklopft"..

July 12, 2012 02:00 ET

Barkerville Clarifies Technical Disclosure

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2012) - Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) (the "Company" or "Barkerville") announced today that, as a result of a review by the British Columbia Securities Commission (the "BCSC"), the Company is issuing the following news release to clarify its technical disclosure..

http://www.marketwire.com/press-release/...sx-venture-bgm-1679177.htm

 

July 12, 2012 07:00 ET

Crocodile Gold Triples Its Gold Production to 36,117 Ounces in the Second Quarter of 2012


TORONTO, ONTARIO--(Marketwire - July 12, 2012) - Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company") is pleased to announce it produced 36,117 ounces of gold in the second quarter of 2012 and 46,876 ounces year to date in the period ending June 30, 2012.

 First
Quarter
2012 Second
Quarter
2012(1) YTD
Production(1) YTD
Performance(2)
Ore Processed (t) 371,439 463,176 834,615 1,393,756
Average Grade (g/t Au) 0.99 2.83 2.01 2.51
Mill Recovery (%) 92.0% 87.4% 89.5% 86.6%
Gold oz Produced 10,759 36,117 46,876 94,770
Note 1: Includes production from Fosterville and Stawell post May 4th acquisition
Note 2: Shown as reference and including Fosterville and Stawell production since January 1st 2012. YTD results through June 30, 2012.
This table is compiled from unaudited production figures. Audited results can have slight variations and will be released as part of the Company's Quarterly Reporting.

With the completion of the acquisition of the Fosterville ("FGM") and Stawell ("SGM") gold mines on May 4th, the Company significantly increased its gold production, more than tripling its production in the second quarter compared to the company's first quarter 2012 performance. For year over year comparison purposes, when the FGM and SGM mines are included as if they were owned by Crocodile on January 1, 2012, the Company's pro-forma gold production performance year to date through June 30, 2012 was approximately 95,000 ounces.

Commenting on these results, Chantal Lavoie, President and CEO of the Company said, "This year's second quarter has been transformational for our Company with the acquisition of the Fosterville and Stawell mines, the completion of the $75 million debt facility with Credit Suisse AG and the continued progress at our Cosmo project in the Northern Territory. At the operational level, best practices are already being shared and implemented and we have seen positive results at all the sites."

Operational Update-State of Victoria

The Company successfully completed the acquisition of the FGM and SGM gold mines acquisition on May 4th. Associated with the acquisition, the Company completed a $75 million debt facility with Credit Suisse AG.
The operating teams of FGM and SGM have been fully integrated into Crocodile Gold and after a transitional period in May, both mines produced more ounces of gold in June than in any other month in 2012.
The Company completed operational reviews and made the decision to transition the operation of SGM, which will see underground mining activities being completed by the end of 2013. The decision to cease mining activities at SGM after 2013 will result in significantly reduced capital expenditures at SGM starting in the fourth quarter of 2012 and continuing throughout 2013. This should result in material free cash flow generation from SGM in this period during which gold is being produced, but no development capital is being spent.
Operational Update-Northern Territory

At Cosmo, underground drilling continued and results to date confirm the ore zones are wider than expected in several locations. The wider ore zones should allow for simpler mining techniques, lower dilution and ultimately lower cost production which are all positive, long-term developments for Crocodile Gold.
In the short-term, the wider ore zones require adjustments to the mining method and sequence. In conjunction with this, development rates have been lower than expected. Remedial plans have been developed with the main contractor, Leighton, and development rates in June reached all-time highs despite continuing labour shortages in the region.
Trial mining in Zone A has been successful with lower than expected dilution and grades and metallurgical recoveries as per plan.
The Company continued to progress on permitting the International open pit mine. This includes an amendment made to the project development sequence, in line with comments received from regulators. A production decision is still expected by the fourth quarter of 2012. The Company has not included any production from the International property in its 2012 guidance.
The Company has successfully re-negotiated the ore haulage contract, which will see a significant reduction in associated costs over the next two years
Surface mining activities at Rising Tide (Phase 1) were completed and the decision was taken to not proceed with the next phase nor with the remaining mining of the Princess Louise and North Point deposits, given lower than expected grade results and price escalation by the surface mining contractor.
Exploration and Advanced Projects - Update

The Company completed its Union Reefs drilling program with nearly 11,500 meters drilled. Results will be used to update the mineral resources and mineral reserves model in the third quarter. In June, permits required to initiate the excavation of an exploration decline were received. A decision regarding the next phase of the project will be taken later this year.
In June, a review was completed by an independent consultant confirming the applicability of BIOX technology, which is currently being utilized at the Fosterville Mine, to the Maud Creek deposit, therefore providing a technical and economical solution for gold recovery.
On May 16th 2012, the Company signed a binding agreement with Primary Minerals NL of Perth, Australia for the sale of the Mt. Bundy property in the Northern Territory. This agreement remains subject to various conditions subsequent that are expected to be satisfied by the end of 2012.
Additional details of the second quarter will be provided in the Management Discussion and Analysis report, which will be released in conjunction with the Company's financial statements in mid-August.  

 

Insiders Are Rushing to Produce More of This Rare Commodity

By Frank Curzio, editor, Phase 1 Investor
Friday, July 6, 2012

"Right now is a great time to invest in graphite stocks," Jeff Phillips told me this week.

 

Elektroauto-Markt steht unter Strom

In Kalifornien spielen Elektroautos eine immer größere Rolle. Damit werden auch mehr Lithium-Ionen-Akkus gebraucht, damit auch mehr Lithium und Graphit.

Kalifornien ist der Staat mit dem größten Autoabsatzmarkt in den USA, zugleich auch der Staat mit der schlechtesten Luft und den strengsten Emissionsvorschriften..

http://www.rohstoff-investingnews.de/rohstoffe/...-steht-unter-strom/

 

July 12, 2012 08:00 ET

International Tower Hill Announces Up To $25,000,000 Non-Brokered Equity Financing


VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2012) - International Tower Hill Mines Ltd. (TSX:ITH)(NYSE MKT:THM)(NYSE Amex:THM)(FRANKFURT:IW9) ("ITH" or the "Company") announces that it is has arranged a non-brokered private placement financing (the "Offering") of common shares to raise gross proceeds of up to CAD 25 million.

The Offering will occur in two stages. The first stage will consist of up to 7,692,307 common shares of the Company at a price of CAD 2.60 per common share for gross proceeds of up to CAD 20 million. This portion of the financing is anticipated to close on or before August 3, 2012.

The second stage of the Offering will consist of that number of common shares that, when valued at a price equal to a 10% discount from the five day volume weighted average price for the common shares as at September 10, 2012, will equal up to CAD 5 million (3,000,000 shares maximum). While this portion of the placement will be priced 60 days from the announcement of the Offering, the single placee in the second stage is purchasing CAD 5 million of the first stage of the Offering and has committed to close the second stage portion of the Offering. Closing of the second stage is anticipated on or before September 21, 2012.

It is anticipated that certain insiders of the Company will participate in the Offering. The Company has determined that there are exemptions available from the various requirements of Multilateral Instrument 61-101 for the issuance of any common shares issued to insiders. No new insiders or control persons will be created as a result of the Offering. The Company will pay a 4% cash finder's fee in connection with a portion of the Offering.

All common shares issued in the Offering will be subject to a hold period in Canada of four months from the closing of the first or second stage of the Offering, as applicable. All common shares issued in the United States will be subject to resale restrictions under U.S. federal and state securities laws. Completion of the Offering is subject to the Company obtaining all necessary regulatory approvals, including acceptance for filing by the Toronto Stock Exchange and the approval of the NYSE-MKT.

The Company intends to use the net proceeds of the private placement for the completion of its bankable Feasibility Study at the Livengood Gold project in Alaska and for general working capital purposes.

The common shares to be issued in the Offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable securities laws of any state of the United States and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the common shares to be issued in the Offering, nor shall there be any offer or sale of the common shares to be issued in the Offering in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  

Chile’s largest open pit copper mine starts conversion to underground
 
Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards an underground mine, a project that will cost Codelco over $2 billion in the preliminary phase, but that will allow the world’s number one copper producer to substantially increase production and extend the mine lifespan..

http://www.mining.com/2012/07/12/...starts-conversion-to-underground/

 

War zu erwarten, dass sie diese Finanzierung mit einer größeren Verwässerung in Kauf nehmen müssen - sie planen sich knapp über dem Mehrjahrestief finanzieren zu können. Aufgrund der personellen Problematiken (2 x CEO-Wechsel) ist das Vertrauen in das Management auch verständlich angegrazt. Zudem kommt die schwierige Lage für alle MOz-Developer die auf einer gigantischen low grade bulk tonnage Ressource sitzen. Die enorm hohen Entwicklungskosten des Projekts (siehe CAPEX) macht diesen Unternehmen zunehmend zu schaffen. In diesen schwierigen Zeiten werden sie es sehr schwierig haben, zu einem lukrativen Übernahmeobjekt für einen Major zu werden. Vgl. die Situation an dieser Stelle auch bsp. mit Exeter Resource. Dazu kommen bei ITH diverse Problematiken mit der Metallurgie - die PFS wurde deswegen mE mehrmals verschoben, nun soll direkt die FS angepeilt werden..

 

Siehe hier zu auch einen passenden Kommentar von O. Rock @ IKN:

 

July 12, 2012 08:30 ET

Woulfe Signs Memorandum of Understanding (MoU) for KRW120 Billion (US$104 million) Debt Financing With Korea's Largest Bank


VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce Sangdong Project financing is moving forward with an offer from Shinhan bank, the largest commercial bank in Korea. On July 11, 2012, Woulfe and its wholly owned subsidiary, Sangdong Mining Corporation, executed a MoU with Shinhan Bank (lodged on SEDAR) for a 12-year term loan amounting to 120 Billion Korean Won (approx. US$104 Million at the prevailing exchange rate of US$1.00 = KRW1,145) for the development of the Sangdong Tungsten/Molybdenum Project.

Summary terms of the debt facilities are:

12-year KRW110 Billion Senior Debt Facility(KRW55 Billion Tranche A at 5.80% p.a. fixed rate and KRW55 Billion Tranche B at a 3-month "AAA" Bank Bond rate, currently 3.40% p.a., plus 2.30% p.a.) and 5-year KRW10 Billion Working Capital Credit Facility at a 3-month CD currently 3.54% p.a., plus 2.50% p.a.

Brian Wesson, CEO of Woulfe, stated: "The terms offered by Shinhan bank are very competitive at less than 6.0% p.a. inclusive of all costs. The KRW120 Billion debt financing will complement the $70 Million equity (US$35 million for Sangdong and US$35 million for APT refinery) put in place through the strategic deal signed earlier this year. The debt and equity at a subsidiary level will be adequate to develop the Sangdong Project through to production. Additionally, this competitive financing will contribute substantially to the value of the project. The Tetra Tech Inc. Feasibility Report dated 23rd April 2012 assessed the Project NPV and IRR to be US$400.3 million and 46% respectively and this 6% debt will have a substantial positive impact on project NPV and IRR."

The extensive time spent by management over the past year in marketing the company and raising financing is now in its final stages, allowing Woulfe to focus on bringing the mine into production. New mine access development will begin in August 2012. Exploratory production mining is under way having produced over 2,000 tonnes of ore, stockpiled on surface. Production of tungsten metal is scheduled for 2013.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director  

Gute News bei WOF! Mit dem langfristigen Kredit unterstreichen sie ihre nachhaltigen Ambitionen und zeigen, dass sie aufgrund der Projektqualität und das Vertrauen in die Story kapitalintensive Finanzierungen erfolgreich meistern können. Zudem kommt der starke Name hinter dem Kapitalgeber, niemand Geringeres als Südkoreas größte und einflussreichste Bank - das ist ein starkes Vertrauenszeichen und ein wichtiger support für WOF. Ein weiterer ganz wichtiger Punkt: Durch diesen Deal kann WOF ebenfalls erfolgreich die Dilution stark eindämmen. Die Konditionen der Finanzierung sind mE auch passabel.

Nun scheinen sie für die nächsten Entwicklungsschritte ausreichend finanziert zu sein: "The extensive time spent by management over the past year in marketing the company and raising financing is now in its final stages, allowing Woulfe to focus on bringing the mine into production. New mine access development will begin in August 2012. Exploratory production mining is under way having produced over 2,000 tonnes of ore, stockpiled on surface. Production of tungsten metal is scheduled for 2013.."

 

 

Franco Nevada Corporation: a gold play for the long term

"This is a company with a business model that is extremely difficult to argue with. Franco Nevada has a diversified portfolio of high margin, cash flow producing assets principally in North America.."

http://www.mining.com/2012/07/11/...on-a-gold-play-for-the-long-term/

 

 

July 12, 2012 08:50 ET

NovaGold Announces Second Quarter 2012 Results and Provides Update on Donlin Gold

- Donlin Gold Board Approved Updated Feasibility Study; Permitting to Commence 

- Spin-out of NovaCopper Completed for NovaGold to Focus on its Flagship Donlin Gold Project

 VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2012) - NovaGold Resources Inc. (TSX:NG)(NYSE MKT:NG)(NYSE Amex:NG) ("NovaGold" or "the Company") today announced the results for the second quarter ended May 31, 2012 along with an update on the advancement of its flagship 50%-owned Donlin Gold project in Alaska. On July 11, 2012, the Donlin Gold LLC Board of Directors ("Donlin Gold Board") approved the Updated Feasibility Study of the Donlin Gold Project ("Donlin Gold" or the "Project") located in Alaska..

http://www.marketwire.com/press-release/...in-gold-tsx-ng-1679349.htm

 

 

Luna Gold Corp. meldet Rekordproduktion

http://www.rohstoff-welt.de/news/...old-Corp.-meldet-Rekordproduktion

 

CGA Mining Ltd. meldet Rekordproduktion

http://www.rohstoff-welt.de/news/...ning-Ltd.-meldet-Rekordproduktion

 

Aurcana Corp. meldet Rekordsilberproduktion

http://www.rohstoff-welt.de/news/...rp.-meldet-Rekordsilberproduktion