Beiträge von gogh

    Value,

    werde nie sagen Kauf oder Verkauf heute.


    Denke nur folgendes:


    Während des ganzen Troubles hat LAF

    mächtig in sichere Leach Pads und

    taifunfesten Hafen investiert.

    Letztlich ist das nicht verkehrt gewesen.


    Das Konzept Komzentrat zu verschiffen,

    war von Anfang an richtig. Geringe

    Verarbeitungstiefe.


    Da ist viel Luft für den Kurs nach oben.



    Gruss


    Gogh

    Jetzt sind wir schon bei Friedhelm Busch.

    Wilhelm Busch konnte wenigstens zeichnen und

    formulieren:

    "Wehe, wehe , wenn ich das Ende sehe."


    Mit weicher Birne bleibt mir nur die Intuition:

    Gibts den Blow up; und da ist nur der Zeitpunkt ein Mirakel.


    Gibts den also; dann lieber in Exploren als in Seniors erleben.

    Und weil das leben konkret ist. China up oder down?

    Denke mindestens noch 3 Jahre: Up.

    Heisst Base metal.



    Das versteht nur, wer zuvor schon aehnlich dachte.

    Apfelbaeumchen pflanzen 1, 2 ,3 ......


    Gogh

    allein durch Farben high!!

    merke: schwarz und weiss sind die staerksten Farben

    das wird jetzt tragikkomisch.

    Sagt der eine über den anderen,

    er möge sich mal untersuchen lassen.


    Dem Patienten wird dann beigesprungen:

    An Genesungswünschen habe es wahrlich nicht gemangelt.


    Meinetwegen kann GS eine Standleitung einrichten,

    auf der Eldo die Missetaten der Mohren nonstop

    berichten kann.


    Humor ist wenn man trotzdem lacht.

    Gogh

    Press Release Source: CONSTELLATION COPPER CORPORATION


    Lisbon Valley Copper Mine, San Juan County, Utah Production Update
    ======================================================


    Wednesday February 7 anno 2007



    DENVER, CO, Feb. 7 /CNW Telbec/ -
    Constellation Copper Corporation (CCU: TSX)


    wishes to report production data for its wholly-owned Lisbon Valley copper mine located in San Juan County, Utah.


    Sales in January totaled 2,017,000 pounds of cathode copper (all LME Grade A) at an average price of $2.94/lb.


    Cathode harvested during the month totaled 1,885,000 pounds.


    The company carried an inventory of 677,000 lbs. of cathode copper into


    February, with initial shipment of the inventoried copper scheduled for this week.



    Acid leaching of ore on the leach pad is continuing to improve.


    The flow of pregnant leach solution (pls) from the leach pad has been


    averaging 5,000 gallons per minute (gpm) in December and January.


    The average pls grade of +1.8 grams per litre (gpl) Cu in early February


    represents an increase of 10% over the average pls grade in December


    and January. The current pls flows and copper grades are approximately


    70% of design rates for full capacity.



    Copper plating however has been lower than expected due to recent cold


    temperatures on site. At cold temperatures the solvent extraction


    process is not as efficient and is slower than at warmer temperatures.


    As a result, we have slowed our solvent extraction process down to an


    average of 91% of design capacity in January. In addition, extraction


    efficiency is down to about 87% of design rates. The combined effects


    are such that we plated copper during January at about 79% of the


    forecasted rate for the month. The balance of the copper in solution is


    being re-circulated back onto the leach pad, which will serve to increase


    the pls grades of new solution coming off the leach pad as the solution


    re-circulates through the heap. This process is known as "stacking"


    solution. We expect the slower plating rate to continue through February


    due to continued cold temperatures, and for plating rates to increase in


    March once warmer temperatures return. Meanwhile, solution grades


    should build as we re-circulate ("stack") the solution that we are unable


    to process through solvent extraction due to cold temperatures.



    We will be converting the solvent extraction facility from series to parallel


    configuration sometime in March, once warmer temperatures prevail.


    This conversion will allow us to increase design flow rates from 4,300
    gpm to 5,000 gpm,


    an increase of 16% over current design capacity, and thereby process all 5,000 gpm of pls flow coming


    off the heap through solvent extraction and electrowinning.


    PLS grades should increase to +2 gpl Cu in March. At 5,000 gpm and 2 gpl Cu
    we would be processing copper in solution at about 80% of current


    design rates. In March our plating rates should get back to normal, as


    solvent extraction efficiencies increase with increasing temperatures.



    Micheal Attaway, VP-Operations and a Professional Engineer, is the


    Qualified Person responsible for the content of this release.

    Letztlich interessieren mich nur AU und andere Metall_Minen.

    Mach mir keine Illusionen. Fallen andere "Finanzinstrumente",

    dann fallen erstmal die Minen mit.


    Ist wohl an der Zeit, nicht mehr zu 95% in Minen investiert zu sein

    .........................


    eigenen Text gekürzt, war zu theatralisch

    Gruss

    Gogh

    06.02.2007

    Habe heute eine Einstiegsdroge PAX.V gekauft.


    Das ist ein Base_Metal Explorer -bevorzugt Zink- in beider Americas.

    PAX.V tanzt auf einer Menge Hochzeiten, MKP etwas

    über 100 Mio Can$.



    Kapiert habe ich noch nicht viel.

    Bin aber schonmal ins Haifischbecken gesprungen.


    Viel Hai, viel Ehr´

    Gogh

    Zumindest in Australien ist das jetzt schon ein Handicap

    gogh




    Auszug:



    Mining Manpower Crisis
    ===================
    By Alf Field auf kitko
    =================

    February 5, 2007


    There is a manpower crisis in the form of a skilled worker shortage that is having an adverse impact on the mining industry. Whatever one is interested in, be it gold, silver, platinum, uranium, base metals, or other mining operations, this situation is impacting on all forms of mining. It will influence the way investors view mining companies. Current mining operations will struggle to maintain production while new projects will be delayed.


    Most importantly, the skilled manpower crisis will slow the supply of newly mined metals to the market which will have implications for the prices of all metals.


    To properly appreciate the situation one needs to understand that most metals, gold, silver, platinum, uranium, base metals and others have been in bear markets lasting 25, and in some cases 30, years. During those bear market years there was an attrition of skilled mining manpower. Young people looking for new careers carefully avoided the “No Go” areas of geology, mining engineering and other mining skills.


    With declining student demand, Universities and colleges reduced or closed their geology and mining faculties. The supply of new graduates to the mining industry has been dropping steadily and there is now only a trickle of graduates coming through the system.


    During the past few years new bull markets have developed simultaneously in gold, silver, platinum, uranium and base metals. These bull markets have spawned a vast array of new companies, all looking to find new large deposits of their favourite metal and bring new projects on stream. The demand for skilled workers in the mining industry has mushroomed.


    Where will the additional skilled manpower come from? Not only to find and develop new projects, but also to keep existing mining operations producing adequately?


    Increasingly the words “production declines due to labour and infrastructure shortages” are appearing in company reports. Delays in the preparation of Feasibility Studies are often being blamed on a “labour shortage”. There is an rising incidence of new projects being delayed and subjected to massively higher capital costs, for example BHP’s new Ravensthorpe Nickel mine where establishment costs have escalated from $1.1 billion to over $2.2 billion. There is no firm indication as to when Ravensthorpe will come on stream.


    The average age of the existing complement of skilled mining manpower has been rising and there is a steady loss of people as they reach retirement age. Half the workers in the Canadian mining industry are between 40 and 54 years of age and 40% plan to retire in the next 8 years. The supply of new graduates barely covers the retiree loss


    ...............gekürzt.............

    Radio Australia - News - Fiji mining company up for sale


    [http://www.abc.net.au/ra/news/stories/s1841643.htm]



    Last Updated 06/02/2007



    Emperor Gold Mines has put its Fiji operations up for sale after 70 years of operating in the Pacific nation.


    More than 1,700 miners lost their jobs last year when Emperor's Vatukoula mine closed its operations.


    But Emperor's General Manager, Fraser Bouchier, says issues like higher fuel prices and the infrastructure and capital required have made operating the mine too expensive.


    Emperor will report an almost $US155 million half-year loss.


    Mr Bouchier says it would be easy to restart mining, but a company is unlikely to make any money unless things change significantly.


    "So I would think they would probably come to the same conclusion we came to," he said.


    "[There is] great potential but no-one's going to go in and start mining until you drill off and find out where the gold is and do a proper feasability study."

    Letztens hatte ich im TV per Zufall eine Dokumentation

    über das Wunder von Lengede reingezappt.

    Ein alter pensionierter Bergwerksing. wurde zu

    den Ursachen des Grubenungücks befragt.

    Der Mann hatte -obwohl das nicht der Kern der Sache war-

    in 2 Minuten mehr über FE_Minig gesagt, als

    auf der homepage, Präsentationen usw von NAUR zufinden ist.


    Fuer mich Grund genug einen weiten Bogen um

    Mr. Jekyll und Mr. Hide (weisse und schwarze Tasse)

    zu schlagen.


    Gruss


    Gogh

    Harmony ups Golpu estimates
    06/02/2007 09:09



    Der Laden von dem HAR berichtet hiess zuletzt Abelle

    und davor noch irgendwie anders.

    HAR hat mich da per Squeeze Out an die frische Luft gesetzt.

    Immerhin hat HAR in bar soviel bezahlt,

    dass mein Thistle Totalverlust abgedeckt und

    noch ein paar Mopeds uebrigblieben.


    Das ist nicht nur Nostalgie:


    Gogh tut nachdenken




    Harmony expects more out of PNG
    ============================






    Johannesburg - South Africa's Harmony Gold said on Tuesday it had upgraded its gold and copper resource estimates for its Golpu gold and copper deposit in Papua New Guinea.
    Harmony, the world's fifth-biggest gold producer, said its new mineral resources estimate was for 3.9 billion pounds of copper and 2.96 million ounces of gold.


    "This represents an increase of 10% copper metal, 11% gold and 17% molybdenum," Harmony said in a statement.


    The new estimate did not include 6.5 million ounces of gold at the Wafi deposits, Harmony said.


    Harmony said last week it planned to seek a partner for the copper-rich Wafi/Golpu project after a feasibility study was done in July.

    die Börse is not amused

    gogh



    Source: Queenstake Resources Ltd.



    Queenstake and YGC to Merge
    ========================
    Monday February 5, 10:49 am ET



    DENVER and VANCOUVER, British Columbia, Feb. 5 /CNW/ -- Queenstake Resources Ltd. ("Queenstake") (Amex: QEE - News; TSX: QRL - News) and YGC Resources Ltd. ("YGC") (TSX: YGC; F: ZH6) are pleased to announce that they have agreed to combine the two companies to create a new publicly traded company ("Newco"). The business combination is proposed to be structured as a plan of arrangement, but other structures are being considered. Under the agreed upon terms, shareholders of YGC will receive one common share of Newco for each share of YGC held, and shareholders of Queenstake will receive one common share of Newco for each ten shares of Queenstake held. Outstanding warrants and options in each company will be exchanged on the basis of the same ratio.
    ADVERTISEMENT


    The proposed transaction will combine Queenstake's and YGC's mineral property interests throughout North America to create operating efficiency with emphasis on production from the Jerritt Canyon Gold Mine in Nevada, and the advancement towards production of the Ketza River gold property in the Yukon.

    Artikel sagt was über die Bewertung von HAR, Goldfields und WAR 05.02.07


    gogh



    Harmony seeks to roll over loan



    Johannesburg - Bernard Swanepoel, chief executive of Harmony Gold, on Friday said he has had discussions with Rand Merchant Bank to extend the payback date on a R1 billion loan, taken out a year ago to purchase the company's stake in Western Areas.


    "We have had constructive discussions about rolling it," Swanepoel told journalists at the company's December quarter results announcement.


    This waylays ideas of pressure on Harmony, with R904 million in cash in the bank as at end-December, to sell its shares in Gold Fields at a loss in order to pay back the loan by its mid-March due date.


    Gold Fields purchased its stake in Western Areas last September by using cash and its own shares to close the deal.


    A large overhang of shares became available when Barrick, Harmony and JCI became large shareholders, while Gold Fields itself was expected to sell its own shares to pay down debt.


    On Wednesday Gold Fields completed the sale of 1.2 billion shares, leaving Barrick, Harmony and JCI as the remaining large potential sellers.


    If Harmony sold any of its Gold Fields shares now it would do so at a loss, with the shares currently trading at about R120.50 compared with the R135 a share that they were recorded at when the company tendered its shares on December 1.


    Harmony owns about 15.745 million Gold Fields shares. - I-Net Bridge


    Quelle: Business Report on February 5, 2007.
    =====================================