Beiträge von gogh

  • Juniors aus Kanada

    Da sollte der Titel auch an einem schwachen Tag marschieren


    Gogh



    SWG Press Release von heute 11-12-06


    Southwestern Announces Increase of 215% in Measured and Indicated Resources at Boka 1 in China

    VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 11, 2006) - Southwestern Resources Corp. (TSX:SWG) ("Southwestern" or "the Company") announces an increase of 215% in the measured and indicated resource categories at the Boka 1 deposit in Yunnan Province, China (compared to the June 2005 Hatch Report (1)). Measured and indicated resources at Boka 1 now total 31.2 million tonnes grading 3.05 grams per tonne gold (3.1 million ounces) with an additional 8.9 million tonnes grading 2.66 grams per tonne gold (0.8 million ounces) in the inferred category, confirming Boka as a world-class gold deposit. An inferred resource at Boka 7, as calculated in the Hatch Report, contains an additional 14.5 million tonnes grading 2.75 grams per tonne (1.3 million ounces).

  • Western Areas WKN 854 633 ISIN ZAE000016549 WAR Oder Kebble´s Trojanisches Pferd

    So wie´es im Text steht, ist das


    Hedge Book von WAR 3,88 Milliarden Rand in den Miesen.
    ==============================================


    Nach ALDI_Logik ist das viel Geld.

    Gogh



    Gold Fields Offer for Western Areas to Close Friday, 29 December 2006


    , Offer Consideration Finalised and no Increase to Offer Consideration



    2006-12-08 09:48 ET - News Release



    JOHANNESBURG, South Africa, December 8 /PRNewswire-FirstCall/ --
    Gold Fields Limited
    (Reg. No.1968/004880/06)
    (Incorporated in the Republic of South Africa)
    JSE Share Code: GFI
    NYSE Share Code: GFI
    ISIN Code: ZAE000018123
    ("Gold Fields" or the "Company")
    Announcement of the closing date of the offer to acquire the entire issued share capital of Western Areas Limited, finalization of the offer consideration and no increase to offer consideration.


    1. Introduction


    On 11 September 2006 Gold Fields issued an announcement detailing the terms of the offer by Gold Fields to acquire the entire issued share capital of Western Areas Limited ("Western Areas") (other than those shares already held by Gold Fields and JCI Limited (together with its subsidiaries "JCI"))("the offer").


    2. Terms of the offer


    In terms of the offer, the consideration payable is 35 ordinary shares in Gold Fields ("Gold Fields shares") for every 100 ordinary shares held in Western Areas ("Western Areas shares"). Western Areas shareholders were advised on 23 November 2006 that the only remaining condition precedent to the offer had been fulfilled.


    3. No increase to the offer


    Western Areas shareholders are advised that Gold Fields will not be increasing the offer of 35 ordinary Gold Fields shares for every 100 ordinary shares held in Western Areas.


    4. Closing date of the offer


    Shareholders are advised that as at 17:00 on 7 December 2006, valid acceptances of the offer have been received in respect of a total of 56,445,831 Western Areas shares (66% of the offer shares). Combined with the 66,122,050 Western Areas shares already held by Gold Fields, these shares will give Gold Fields an effective voting interest of 75.8 % in Western Areas.


    5. The Western Areas Derivative Structure


    It has been public knowledge for some time that in 2001 Western Areas entered into a long-dated derivative structure ("the derivative structure") in respect of gold production from South Deep. Under the terms of the derivative structure a change in control of Western Areas without the consent of the derivative counterparties constitutes an event of default by Western Areas which may entitle the counterparties to close out the positions under the derivative structure. The latest available published marked to market value on a close out of the derivative structure including the deferred premium is negative R3.88 billion.


    In anticipation of acquiring control of Western Areas, Gold Fields took the following actions:


    (a) requested Western Areas to seek the consent of the three derivative counterparties to the change of control;


    (b) reached an agreement with two of the counterparties namely Investec Bank Limited ("Investec") and Barclays Bank PLC ("Barclays") (Barclays having recently acquired one of the previous counterparties position under the derivative structure) and hence thereby becoming a SAT participant the salient principles of which are that they would vote in favour of waiving such change of control and that they will not, provided Gold Fields retains control of Western Areas for a period commencing on 7 December 2006 and terminating on the first anniversary of the date on which Gold Fields acquires control of Western Areas vote in favour of any exercise of any of their rights following any event of default or termination event whether pre-existing or not and will not exercise such rights


    Barclays and Investec confirmed that they had sufficient votes between them in terms of the derivative structure to secure the required majority to agree to the change of control and to agree not to exercise their rights subject to the terms outlined in this release. Accordingly Western Areas has now been notified that the consent has been granted.


    (c) In consideration for these undertakings Gold Fields has agreed that it will subject to acquiring control of Western Areas and subject further to any necessary regulatory approvals it may require to do so, fund (and/or procure one or more third parties to fund) any cashflow shortfalls of Western Areas that arise during the 12 month period commencing on the date upon which Gold Fields acquires control of Western Areas which result from the conduct by Western Areas of its current business in the ordinary course including, without limitation, the incurral of operating and capital expenditure, the payment of taxes, and the performance of scheduled delivery and payment obligations under the derivative structure but expressly excluding any cashflow shortfalls of Western Areas which result from the exercise by any of the counterparties of any rights against Western Areas following any Event of Default or Termination Event under the derivative structure whether as a result of a Change of Control Event or otherwise and/or the exercise against Western Areas by any of the counterparties of any similar rights in respect of any other liability or borrowing of Western Areas.


    The terms upon which Gold Fields will fund or procure funding for Western Areas will have to be agreed with the Board of Western Areas.

  • Crew Gold Corp. WKN A0B L46 ISIN CA2265341057 CRU

    Anscheinend sind die bei IGE nicht im Winterschlaf.

    Dieser Norweger ist ein ganz eigenartiges Explorer_Construct.

    Und taeglich laufen Aktien um.


    Ca. 10,0 Mio Britische Pfund PP plaziert.
    ===============================



    Gruss


    Gogh




    International Gold Exploration AB raises NOK126m in private placement
    =========================


    Published in Nordic Business Report on Friday, 08 December 2006 at 11:01 GMT
    Copyright (C) 2006, M2 Communications Ltd.


    Swedish exploration and mining company International Gold Exploration


    AB (IGE) said on Friday (8 December) that it has raised NOK126m in a


    private placement directed to professional investors.



    The company issued


    30m shares at NOK4.20 per share.
    ============================



    "IGE has experienced significant growth during the last 12 months. The


    main reason for the private placement was to allocate capital needed for


    accelerated exploration and development of diamond properties in


    Angola," IGE said in a statement.



    International Gold Exploration is headquartered in Stockholm, Sweden


    but listed on the Oslo Stock Exchange, where it is traded under the ticker IGE.



    One British pound (GBP) is worth approximately 12.21 Norwegian kroner (NOK).

  • Wie geht es auf dem Goldmarkt weiter

    nepton,

    auf meine rethorische Frage meine subjektive Antwort:

    Der Goldstandard in Grossbritannien funktionierte

    in einem anderen "Grossbuergerlichen Umfeld" damals vor Jahrzehnten.

    Mit Kredit hantierten auf Schuldner- wie Glaeubigerseite nur wenige

    reiche Leute. Diese Grossbuerger standen fuer ihre Verpflichtungen

    ein und gaben sich die Kugel, sollte es mal schiefgehen.


    Heute, wo man Moebel auf Kredit kauft und PKW least

    und das Gelumpe selbst als Sicherheit unter Eigentumvorbehalt

    steht, ist ein Goldstandard unmoeglich. Beweis: wurde ueberall abgeschafft.


    Just my opinion.


    Nichts fuer ungut und Schoenen Abend

    Gogh

  • Wie geht es auf dem Goldmarkt weiter

    vor ein paar Tagen von Saccard so nebenbei gesagt.

    Sinngemaess:

    Es kann keine Golddeckung fuer eine Waehrung (mehr) geben,

    weil die Einloesungsverpflichtung immer nur auf der Geldnote verbrieft ist

    (z. B. gegen die Vorlage dieser 10 Pfundnote erhalten Sie

    in den Geschaefsstellen der BoE 1/10 Unze Gold ausgehaendigt).


    So etwas sei nicht realistisch, weil Geld auch durch Kreditgewaehrung entsteht

    und da sei das Essig mit Einloeseverpflichtung.

    Soweit das sinngemaesse Zitat.


    Nun hat es lange Jahrzehnte/einige Jahrhunderte genau diese

    Verbriefung wie oben beschrieben gegeben.

    Und es gab gleichzeitig Geldschoepfung durch Kreditgewaehrung.


    Bin das noch am verdauen. Ist richtig spannend.


    Gruss

    Gogh

  • DRDGold Ltd. / DRD (NYSE, JNB) und die Derivate

    "man kann alles kaufen, aber nicht alles verkaufen"

    pflegt ein Kölner Kunstauktionator zu sagen.

    Gilt wie so vieles aus dem Kunsthandel auch fuer GM (wie EMP)


    Und zu ELDO´s Idee die Drooy_Minen auf GFI zu übertragen.

    Nur vom Sequestor aus Insolvenz.

    Denn nur der Sequestor kann hinwegnehmen die Sünden des Wutz.


    Die Kickschaltung meines Mopeds wird erst bei kleiner 50 Cents getreten.

    Gruss

    Gogh

  • DRDGold Ltd. / DRD (NYSE, JNB) und die Derivate

    BUSINESS WATCH


    DRDGold could be a story of a phoenix waiting to hatch


    December 7, 2006



    Shareholders of DRDGold yesterday were left looking at the remnants of the once great mining house, after news that Australian subsidiary Emperor had shut the Vatakoula mine in Fiji after higher oil prices and wage costs made it unprofitable.


    The decision rocked the markets and shareholders ran scared, wiping a quarter of the share's market capitalisation off the boards over the past two days.


    Mark Wellesley-Wood, the outgoing chief executive, must be glad this is probably one of his last jobs: under his watch the only thing the company seems to have done right is to change its name from Durban Roodepoort Deep to the far sexier DRDGold.


    Shareholders have lost billions over the past few years as the share price fell steadily, and thousands of workers have been put out on the street after the closure of two mines.


    Now DRDGold faces the ignominy of potentially selling off the cash-strapped Emperor and moving its London Stock Exchange listing to AIM.


    The former industry benchmark will be competing for funds with minnows whose founders' grandparents were probably not even born when it emerged out of the dusty gold fields of Johannesburg.


    DRDGold has blamed a variety of factors for the failure of its Fijian adventure, including high oil prices and wage costs.


    Wellesley-Wood also mentioned the coup in Fiji. However, unless the company had advance warning, this could not have been a real factor in the decision to shut down Vatakoula, as the operational review has been in progress for three months.


    A sale of Emperor will leave DRDGold with just three mines in South Africa. But at least the company, which has become synonymous with losses even during the current commodity boom, is doing something about its problems.


    It might be shrinking but perhaps this is not bad, in light of its track record. Creative destruction has worked before, and maybe out of the ashes will rise a company that can sustain itself.


    This is preferable to having a company that is clearly out of its league playing with the big guys.

  • MDN.TO (Tansania, Eritrea) Minières Du Nord

    aus CUI.V Homepage. (Mir geht´s allerdings nur um Tansania)
    =================


    Saskatchewan - Ontario
    Current Projects, History & Status Report


    Map of Saskatchewan


    Map of Currie Rose Option



    The Currie Rose gold property completely surrounds Saskatchewan's largest gold mine, the producing Seabee mine property, located 120 kilometres northeast of La Ronge, Saskatchewan at Laonil Lake. The Currie Rose property is comprised of three claims consisting of 11,000 arces.


    In November 1994, Claude Resources entered into an option agreement with Currie Rose to acquire a 100% interest in the property (subject to a 30% net profits interest in favor of Currie Rose). Claude was required to make expenditures of $75,000 in 1994 and is required to make expenditures of $100,000 per year in each of the years 1995 through 1998, unless commercial production is achieved during this period. In the event commercial production is not achieved before 1999, Claude is required to incur additional expenditures and payments to Currie Rose totaling $200,000 per year in each of the years 1999 through 2001 unless commercial production is achieved during this period. Claude also issued 34,000 Common Shares to Currie Rose pursuant to the Option Agreement.


    Geological Setting
    Gold deposits are hosted in northeast-trending shear structures within the Laonil Lake Intrusive Complex. This complex consists of a sequence of mafic intrusive layers or sheets commonly capped by dioritic units. A sample of the dioritic phase was dated by zircon U/Pb at 1889+9 Ma (Chiarenzelli, 1989) Mafic layering within the intrusive body varies from melanocratic gabbro to ultramafic compositions. Mafic volcanic rocks, valcaniclastic rocks, and mafic to intermediate sedimentary units of variable thickness occur throughout the intrusive body as rafts or xenoliths. Numerous later intermediate to felsic intrusive rocks occur throughout the complex. These include intermediate dikes, quartz diorite dikes, and feldspar porphyry dikes.


    To the north and northeast, the Laonil Lake Intrusive Complex is unconformably overlain by felsic valcanic-volcaniclastic rocks and conglomerates of the Pine Lake metavolcanic sequence. To the west, the complex is bounded by a sequence of earlier granodioritic to dioritic gneisses, and to the south by the younger (1859+5 Ma) Eyaphaise granodioritic pluton (Chiarenzelli, 1989). A large scale regional lineament of intense deformation, the Laonil Lake Shear Zone, is located at the contact between the eyaphaise Pluton and the Laonil Lake Intrusive Complex, and serves as a structural boundary between these two bodies.


    Gold mineralization occurs in quartz + tourmaline + sulphide vein systems within an extensive network of anastomosing subparallel shear structures, which crosscut the Laonil Lake Intrusive Complex. The structures trend between 045 degrees to 085 degrees, and dip subvertically or steeply north. Three discrete subsets of structures have been recognized trending at 070 degrees, 085 degrees, and 045 degrees respectively. The 070 degree structures contain the auriferous veins (zones 2b and 2c, 5-1, and 161). In addition, anomalous gold values have been returned from the volcanic-sedimentary rock sequence on the property.


    1998 Exploration Program


    The company has been informed by Claude Resources Inc. that processing of Currie Rose ore will begin in 1999.


    Claude is presently drifting on the 2 vein at the 110 metre level, 190 metre level and 290 metre level on the Currie Rose side of the boundary zone. Over the next few months they will continue with the underground development in preparation for mining the ore.


    Over the past year, Claude has installed a shaft and hoist and increased the mill capacity to 700 tonnes per day.


    Cash operating costs at the Seabee mine were reduced by 22% to US $168 per ounce in 1998 compared to US $215 per ounce in 1997.

  • MDN.TO (Tansania, Eritrea) Minières Du Nord

    Bevor ich in MOTO einsteige, wuerd´ ich lieber Mary Roos Aktien kaufen.

    Curie Rose ist noch viel besser.


    (so jetzt ist die CUI.V massiv gepusht.

    Dutzenden Macheten_Kopfabschneidern im Ost_Kongo auf den Schlips getreten

    und die verflossene vom Gottlieb Wendehals beleidigt.

    Man muss ein Schwein sein)



    Gogh




    Currie Rose Resources Inc. Is a exploration company listed on the TSX Venture Exchange.



    The Tanzania gold properties consist of three mining tenements of 680


    square kilometers known as the Mabale Hills Project, the Jubilee Reef


    Project and the Nyamirembe Project.


    The Scadding gold property, consisting of 2,880 acres of government


    leased claims. In 1997-98 10,800 feet of diamond drilling was


    completed by Currie Rose Resources Inc. with positive results.


    A 30% Net Profit Interest in 11,000 acres surrounding the Seabee mine


    in Saskatchewan. The Seabee mine is producing 60,000 oz of gold per


    year and is owned and operated by Claude Resources.

  • Juniors aus Kanada

    GreyStar GSL.TO gekauft.


    Hatte mir die vor kurzrm angesehen.

    Ist schon ein Dickschiff Kurs ca. 10,00 Can$

    Mann muss diversifizieren und die sind wenigstens fungibel.


    Und etwas Semafo SMF.TO nachgekauft.

    Hatten schlechtes Sept. Quartal.

    Immerhin hat niemand in Westafrika den CEO

    im grossen Topf gegart.


    Gogh