Der Softwaremurks ist offenbar auch über den Sommer nicht zu lösen gewesen 
Nun auch ein bißchen IGE in den Tambok. Wenn´s denn 30% gibt. 
ABG Sundal Collier hat Kursziel von 6 auf 8 erhöht. Hoffentlich haben die recht; ich hab nämlich keinen Check.
DnB NOR Markets Kursziel 15,5 NOK
Kjøp Crew
DnB NOR Markets anbefaler å laste opp med Crew-aksjer.
DnB NOR Markets har en kjøpsanbefaling på Crew med et kursmål på 15,5 kroner per aksje....
ABG Sundal Collier: Buy – Kursziel 22 NOK (ausführliche Analyse vom 08.09.06; ist drittgrößter Aktionär mit über 5% des Aktienkapitals)
CAR: Kursziel 18 NOK
CRU (12,20) – Production start-up at Apex soon to come…
Crew has had some delays of the production start-up of their Apex mine in the Philippines. However, management has indicated that the installation has developed rapidly lately and we believe that production start up could be due very soon.
As such we believe that Apex could contribute with ca 120k oz attributable to Crew in the fiscal year of 2007. In total Crew will according to our estimates produce ca 385k oz. This should render CPS (operational) of $0,25, P/CF 8x the fiscal year of 2007 (ending June 30th 2007), which is a huge discount to mid-tier peers which currently trade at an average of ca 20x.
Extending the timeframe to the calendar year of 2008, Crew’s attributable production is expected to increase to ca 570k oz, a true mid-tier producer, at a cash cost of ca $250/oz according to the announcements of the management. This yields an operating profit of ca $0,43/share (at a gold price of $630/oz) or P/OP 4x 2008e at the current share price. This production level is actually only 19% lower than Glamis forecasted 2008 production. Recently Goldcorp announced a take over bid of Glamis which implied a P/OP of 26x 2008e (at a gold price of $630/oz). Applying the same multiple on Crew would yield a share price of NOK 70!
In addition Crew has announced that they will spin-off their mineral portfolio into a separate entity. We believe that this will benefit the company as it will create transparency and visualize the values of Crew’s mineral portfolio.
Furthermore the gold industry is in a M&A frenzy at the moment, in addition to the recent Goldcorp/Glamis deal, IAMGOLD yesterday announced a bid for Cambior with a 31% premium to the closing price of September 13th. At the low share price of today we believe that Crew, with is rapidly increasing production profile, is a take-over target .
Based on the expected production start-up of the Apex mine, we increase our target to NOK 18, a slight premium to our NAV of NOK 16. As more information about production levels and costs of LEFA and APEX is revealed, we anticipate a further upward revision.
[Blockierte Grafik: http://www.hwk-lueneburg-stade.de/Entree/FreieBilder/elch.gif]
Ruashi
Posted: Fri, 15 Sep 2006
[miningmx.com] -- Four miners were killed on September 14 and dozens more are unaccounted for after a copper mine collapsed in the Democratic Republic of Congo (DRC), according to a report by Sapa, a South African newswire service.
Thirteen miners got out of the mine alive, which is owned by South African firm Ruashi Mining, said Sapa.
http://www.miningmx.com/wts/172132.htm
Martin Siegel:
04.09.06 Westonia (AUS, Kurs 0,155 A$, MKP 36,7 Mio A$) meldet für das Juniquartal (Dezemberquartal 2005) die Fertigstellung der Durchführbarkeitsstudie für das gleichnamige Westonia Projekt. Über einen Zeitraum von 7 Jahren sollen jährlich 75.000 bis 80.000 oz Gold gefördert werden. Dafür steht eine Reserve von 545.000 oz zur Verfügung, die allerdings einen extrem niedrigen Goldgehalt von 1,2 g/t aufweist. Die Nettoproduktionskosten werden mit 411 $/oz angegeben, so daß selbst bei einem erfolgreichen Produktionsbeginn mit keiner hohen Gewinnspanne gerechnet werden kann. Insgesamt rechnet Westonia mit Investitionskosten in Höhe von 87,8 Mio A$, was bereits ohne Zinskosten Abschreibungen in Höhe von 119 $/oz verursachen würde. Unter der Berücksichtigung von Verwaltungs-, Finanzierungs- und Explorationsausgaben dürfte das Projekt bei einem Goldpreis von unter 700 $/oz nicht gewinnbringend und damit auch nicht finanzierbar sein. ...
Smart Hedging a la Lafayette Mining:
As at 30 June 2006, the mark-to-market value of the Company’s base and
precious metals hedge contracts was negative US$144,273,341.
Nun wird mit den Prüfern gestritten, wieviel in den Jahresabschluß rein gehört.
Naja, wenn man auch Kupfer mit 0,88 Usd/lb (jetziger Spotpreis 3,48 ) vorwärts verkauft 
[Blockierte Grafik: http://www.ftd.de/img/logo-ftd-medium.gif]
» Hochgezockt und abgestürzt «
von Markus Zydra
Börsenbriefe und geschicktes Marketing trieben den Aktienkurs des US-Goldschürfers De Beira binnen sechs Wochen um 1100 Prozent in die Höhe - dann kam der Absturz. Jetzt untersucht die deutsche Finanzaufsicht den Fall.
Bestimmte Kurscharts erzählen ein Drama. Die Aktie von De Beira Goldfields notierte im Mai bei 1 Euro, im Juni bei 12 Euro und in diesen Tagen wieder bei 1 Euro. Das Papier wurde massiv von Börsenbriefen beworben. Helmut Pollinger, Herausgeber des österreichischen Börsenbriefs Bullvestor, hat das Papier von Anfang an empfohlen - er tut es jetzt noch. Die Aktie sei von windigen Shortsellern weich geprügelt worden, sagt Pollinger, der in der Szene zu den Lautstärksten seiner Zunft zählt.
....
Zusätzlich Dampf erhielt die PR-Maschine über Deutschlands größtes Finanzforum, Wallstreet-Online, wo täglich 17.000 Kommentare eingehen. De Beira hatte wochenlang die meisten Einträge. "Die kleinsten Zockerwerte werden am meisten diskutiert, die Leute sind heiß auf die Briefe und folgen den Behauptungen blindlings. Es ist ein Spiegel der Zeit", sagt André Kolbinger, Vorstandschef von Wallstreet-Online, der nicht ausschließt, dass bezahlte Agenturen in den Foren Stimmung für De Beira gemacht haben. "Die Forenseiten sind eine Art Restfläche, da kriegen wir kaum Werbung unter. Aber solche Diskussionen gehören zu einem führenden Finanzportal."
...
Weiter...
Batavia BFS in three months
Michael Vaughan
Friday, 1 September 2006
AFTER updating the resource estimate for its Deflector copper-gold deposit at Gullewa in Western Australia, Batavia Mining expects to complete the project's bankable feasibility study by early December and bring the project into production before the end of 2007
In April, the company set itself the "aggressive" target of completing the BFS by August but this schedule has slipped due to an expanded resource drilling program and slow assay turnaround.
Based on the results of an infill and extensional resource drilling program started in March, Snowden's has updated the Deflector resource for Batavia as part of the BFS.
The company was aiming to increase the resource to 1 million ounces of gold equivalent but instead the resource only increased by 5000oz gold equivalent from the last calculation in January to 775,000oz.
Contained gold rose from 515,000oz to 567,000oz and copper fell from 32,595 tonnes to 25,540t.
Batavia managing director Greg Durack told MiningNews.net today that as drilling reached greater depths, copper grades tended to fall, as gold grades increased.
"We're talking about below 300m depth so the decrease in copper grades weren't in the measured and indicated sections, we've got a very robust model down to 210m depth with measured and indicated," Durack said.
"The major drop off was in the lower portions of the inferred [resource] but the gold grades did increase."
A scoping study completed in early April targeting a 250,000 tonne per annum project estimated the capital cost at $A15.3 million. Batavia has about $8.5 million in the bank and is in discussions with both banks and potential offtake partners regarding the bulk of the project finance.
Durack said the company has already fielded project finance offers from offtake suitors and hopes to tie up an offtake deal in the next couple of months.
He said at this stage the company has not decided upon its preferred financing structure.
The capital cost will cover the refurbishment of the existing crushing and milling circuit at Gullewa plus the addition of a concentrator at the back end of the circuit.
The scoping study indicated the project would produce 37,000oz of gold and 2200t of copper (55,600oz gold equivalent) over its six-and-a-half-year mine life and Durack said despite the grade alterations in the resource he expected the BFS to indicate a similar project output.
Cash costs have been forecast at $450 per ounce of gold with copper credits.
"What we're doing with the project is producing a copper concentrate," Durack said.
"We'll actually produce a bit of gold bullion through gravity and the rest of the gold gets recovered into the copper concentrate."
Shares in Batavia were off 0.2c (4%) at 4.8c during morning trade
http://www.miningnews.net/
Das war für mich verwirrend. Die "Royalties" werden nicht als Kosten ausgewiesen, sondern die Umsätze werden gekürzt.
Mincor ist also kein Nickelproduzent mit jährlich 13500 t Nickel, sondern ein Nickelerzproduzent mit einem verkaufbaren Nickelbestandteil von 8.700 t.
Produziert damit weniger verkaufbaren Nickel als SMY ( über 10.000t )
Da muß ich mich auch in "meine" Empfehlung nochmal einarbeiten.
[Blockierte Grafik: http://nermal.org/misc/mooses/angrymoose.jpg]
für das Ashdown Moly-Projekt mit 60%igem Anteil für Golden Phoenix.
Anscheinend jetzt auch Einigung über die bestehende Molyhalde. Win-Eldrich hatte behauptet, sie gehöre nicht in die Vereinbarung mit GPXM und die Erträge stünden allein WEX zu. Jetzt bekommt GPXM 60% der daraus erzielten Nettoerlöse. Hört sich gut an.
Win-Eldrich initiates formation of operating company with Golden Phoenix to launch molybdenum production at Ashdown mine
http://www.stockhouse.ca/news/…?newsid=3871075&tick=GPXM
Jahresproduktion an Nickel betrug 2005/06 13.496 t. Allerdings scheinen davon nur 65% sich umsatzmäßig auszuwirken, bezahlt kriegt MCR nur 8.770 t. Hängt vermutlich mit dem Ore Treatment Abkommen mit WMC/BHP zusammen. Hat jemand hier nähere Informationen?
Auch ein Teil der Mincor Produktion ist gehedged, aber zu besseren Preisen als die blöde Sally erzielen kann:
Juli 06-Mai 08
MCR: 4.813t zu ca. 14340 USD/t ( 18784 AUD/t; 6,50USD/lb )
SMY: 6.468t zu 11.418 USD/t (5,18 USD/lb )
Mincor erzielt ca. 25% mehr für die Hedges als Sally.
Der 20%ige Anteil an Barberton ist – wie angekündigt – nun verkauft worden.
War in letzter Zeit vom Betreiber Metorex übel gehedged worden, so daß kaum Gewinne bei raussprangen. Andererseits eine sichere Bank, was die Produktion von ca. 20.000 Unzen pro Jahr anbelangt, wohingegen Nalunaq unterperformt, der Start von Apex noch nicht klar ist und die LEFA Erweiterung im Bau ist.
Im September dürften noch schlechte Zahlen für das Juniquartal herauskommen, da die Nalunaqlieferung nicht mehr rechtzeitig für das Quartal ankam. Dann sollte es aber mal so langsam auffi gehen.
Fortschritt der LEFA Konstruktion im August:
Vielleicht gibts hier im Forum noch mehr Zwangsaktionäre.
Der Umtausch in Straits Aktien scheint günstiger zu sein, als die Barabfindung für Tritton.
Minesite am 30.08.06 zu den Straits Zahlen:
Yesterday in Australia was the turn of Straits Resources to join the profit game. Routinely overlooked because of its hodge-podge (=Mischmasch) of coal, copper and gold assets, Straits delivered a 327 per cent half-year profit increase to A$44.3 million. Better results can be expected in the current half, and shareholders are also likely to be rewarded by the spin-off and Singapore listing of the company’s coal assets, higher copper profits, and the development of the Hillgrove antimony and gold mine – making it five operating mines for a company with a profile lower than a snake’s stomach.
Mincor On A Roll And Diversifying Away From Nickel
By Our Man In Oz
In his darker moments, when thinking about past mistakes, former WMC Resources boss, Hugh Morgan, must seriously question why he authorised the closure of the once great company’s many nickel mines which dot the landscape around Kambalda in central Western Australia. True, nickel prices were low through much of the 1990s, and equally true, the mines are small and chew up manpower and management time. But, the point which is being driven home today by their new owners is that they are rich, and in the mining world there is a saying which will never go away: “grade is king”. That point is being underlined, highlighted, and printed in bold capitals every day during the current nickel boom by a small Australian miner called Mincor. As well as the small, but rich, nickel mines, Mincor “stole” WMC’s old title and calls itself “the Kambalda nickel company”. The latest plan is to use the mines, which put nickel and WMC on the Australian map way back in 1966, as a lever to grow into new mines, and new metals, and potentially emerge as a diversified miner of global significance.
Largely overlooked by investors for five years after its late 2000 participation in the purchase of Miitel, the first of the WMC mines to be sold, Mincor is finally on a roll. Over the past six months, as the nickel price has soared, and production expanded, Mincor’s share price has blossomed. From a lacklustre A65 cents as recently as March, the stock has traded up to A$1.33 recently, a price which capitalises Mincor at A$258 million. It might go a lot higher if results from its latest discovery bear fruit, and the market starts to recognise the shift in management focus from being a pure nickel business into one with a range of emerging interests, including gold, copper and tungsten.
“We’ve developed a lot of operating skills as a business,” said Mincor chief executive, David Moore, when Minesite caught up with him in his Perth office. “We think we can take those skills and apply them to new projects. The immediate focus will remain nickel, but our other projects look very promising.” Not mentioned by Moore is another factor in the rise-and-rise of Mincor - cash. First is the cash from the spectacular price of nickel. In the June quarter alone the business spun off a cash surplus of A$30 million from the production of 3,800 tonnes of nickel in concentrate. Second is the “forgotten” cash in the form of a handsome windfall gain of A$15.69 million from the transfer of options in Tethyan Copper to its new owner, the London-listed, Chilean-based, Antofagasta copper group.
Mincor’s nickel output, which totalled 13,500 tonnes in the financial year which ended on June 30, generated record gross revenue of A$175 million. Yesterday Moore followed this up by announcing the financial results in which the company had delivered its fourth straight year of strong earnings growth with a 45 per cent increase in net profit after tax to a record A$29.3 million. The strong earnings performance enabled the company to declare an increased final fully franked dividend of 3 cents per share – lifting its full-year payout to shareholders by 67 per cent to 5 cents. This was roughly in line with the target set by RBC Capital Markets, but its analysts expressed some worries about the future for the nickel price and Mincor’s costs. What they missed, however, because it was a post-report event, was the latest round of exploration discovery at the Carnilya Hill mine. Just over a week ago Mincor reported an assay of 4.12 % nickel from an intersection of 5.68 metres, some 430 metres west of previous mining. That drill “hit” has encouraged Moore to flick the switch at Carnilya Hill, in which Mincor is earning a 70 per cent stake, from exploration to “resource definition drilling” and the allocation of a second drill rig to handle the work.
If Mincor succeeds in proving up more ore at Carnilya Hill, which is actually an old BHP nickel mine, so Hugh can’t be blamed for closing that one, then Mincor will effectively have five nickel mines under its belt – Miitel, Redross, Mariners, Wannaway and now, Carnilya Hill. It is the cash flow from these operations which is grubstaking Moore’s expansion plans which include the Tottenham copper project in New South Wales, and the Lake Cowan gold and Gascoyne tungsten projects in WA. “The goal is simple,” Moore said. “To expand massively our exposure to the minerals business outside Kambalda nickel. We have a number of very promising prospects in Australia, but we’re also looking globally for gold and base metal opportunities.”
“We have a strong operational and exploration team,” Moore said. “We’ve re-developed four old mines in the last five years, which is much the same process as developing new mines. As we go forward, 80 per cent of our growth effort will still be focused on nickel, but the other 20 per cent will be on other commodities, where we have some quite interesting stuff.” The question investors would like to have answered is what’s highest on Moore’s agenda or, more specifically, what’s likely to be the next cab off the rank from what has, until now, been a mini-WMC nickel division?
“We’ve actually got five projects in total, but two are not yet granted, so I won’t talk about those,” Moore said. “Of the three we have I would probably rate the Tottenham copper project at the top of list. There’s a potential resource there within six months. It’s really quite significant, as a potential heap-leach from near-surface oxide mineralisation which could be brought into production fast and allow us to produce pure copper metal. Over the longer term, however, is the potential for deeper sulphide mineralisation.” Asked about potential production rates and costs, and Moore begs off, saying it’s too early to say, just that the geology of the area is highly attractive.
Gascoyne tungsten is Moore’s second highest rated target. “We’ve got some good drill results there, but exploration is at an early stage,” he said. “More intensive work is just getting underway, and will help us plan future drilling.” At Lake Cowan, close to Mincor’s existing nickel operations, a ground magnetic survey has been conducted, and a schedule of air-core drilling is being drawn up, hopefully starting in the current quarter – which might provide the small but growing band of Mincor followers with more to cheer about later in the year.
http://www.minesite.com/storyFull5.php?storySeq=3754
>Wenn schon die große Newmont Mining in Uzbekistan gekniffen wird,
siehts für die arme Oxus düster aus<:
As for poor Oxus, many observers will be wondering if the company’s share in a second asset in Uzbekistan, the Amantaytau Goldfields joint venture with the Uzbek government, is safe. And if a company with the resources of Newmont cannot solve the problem that exists with the Zarafshan mine, then there is probably not much hope for smaller players.
aus:
Uzbekistan Debacle Indicative of New Risks for Miners?
http://www.resourceinvestor.com/pebble.asp?relid=23267
___
werde in kommende Ovoca-Präsentation auf Minesite reinschauen.
Mach doch einen eigenen Thread zu Ovoca auf.
Danke Gogh,
muß also den langen Prospekt selbst lesen 
Das Paradestück, das Wolfram-Molybdän-Projekt, kann ich schon mal nicht einschätzen, da ich von Wolfram keinen Schimmer habe.
Die vielen Uran-Prospekte haben noch nicht viel zu bieten.
Gruß
Ulfur
Für 10k BTV kann man 10k Thor zu je 0,20 AUD zeichnen und kriegt noch 5k Optionsscheine obendrauf.
Mitnehmen?
Auszug aus dem langen Interview mit dem CEO über die Lage im Kongo
Charles Needham: CEO, Metorex
By: Alec Hogg
Posted: '24-AUG-06 16:39' GMT © Mineweb 1997-2006
http://www.mineweb.net/radio/mineweb_radio/959548.htm
MINEWEB: Last night our investigations editor and regular visitor to trouble spots in Africa, Barry Sergeant, was bringing us up to date on the DRC situation. Barry, we had results today from Metorex. It is one of the more favoured shares on the JSE, not surprisingly, because their financial numbers are spectacular – profits up from R27m to R155m. That’s for the year to the end of June. We’ve got Charles Needham, the chief executive in the studio. But, Barry, these numbers are huge, they are a big turnaround. But risks are high – they are playing around in the DRC.
...
MINEWEB: And has there been war and military action in that part of the Democratic Republic of Congo?
BARRY SERGEANT: Yes, in that part of the DRC, it’s more Militia groups known as Mai-Mai and one of the particular dangers of the Mai-Mai is that they in many senses control the border crossing. And this is a challenge for many companies, including possibly Metorex, because Metorex is building a concentrator at Ruashi which has considerable material, copper cobalt. And it’s going to be trucking that across the border ad that border, Kasumbalesa, for anyone who has been there, is absolutely notorious. If you want a version of hell on earth, go and study what goes on at that border crossing. And you will not also believe the number of trucks that are crossing out of DRC, most of them are headed for Dar-es-Salaam in Tanzania, with copper concentrate, cobalt and other interesting materials.
...
BARRY SERGEANT: Alec, I don’t think it’s any secret that over the past roughly 10 years or so, that just the sheer presence and threats posed by militia groups such as the Mai-Mai have extracted – this has been independently verified by a number of groupings– many hundreds of millions of dollars in just call it straight bribes, otherwise you can’t get your trucks across the border. But that is changing. Big companies and companies with a vested interest, such as Metorex, are holding their own ground. I can’t speak for Metorex, but they are holding their ground and they’re saying this system is going to work in a formal way, otherwise it’s not going to work at all. But those are very sensitive type of discussions, and exactly what happens on the ground at the border crossing is something which at the moment is still changing day by day.
...
MINEWEB: Barry, last night in our discussion on this, we had an expert telling us that he would be worried if he was invested in the DRC.
BARRY SERGEANT: Yes Alec, I think one of the points, as Charles is saying, it’s a huge country, the size of Western Europe. If you go back to when Mobutu took over in 1965 up to when he was forced out in 1997, his control was critical in the Katanga province. His control was critical over minerals. And going north of Katanga, you get Kasai province where you’ve got Mbuji-Mayi, and that’s diamonds. And then further to the East you’ve got the Kivus and right at the top you’ve got Ituri, as Charles mentioned, that’s where you’ve got really, really dangerous things going on. It's one of the Ugandan resistance movements that’s really bad news. But the bottom line is, the person who controls that spine through the DRC, Ituri, the Kivus, Kasai and Katanga is the person with the money. And in the DRC, politics is money is politics. You can’t separate the two. And that’s really what the fight is. The fight at the presidential level is about who controls that spine.
MINEWEB: And Charles, from your perspective, if you are continuing to invest there, what kind of guarantees do you have that some politician isn’t going to come and swoop on your plant?
CHARLES NEEDHAM: There’s nothing certain in life. But in terms of where we are now – and I say it again – with the World Bank and the world looking over the shoulder of whoever the government may be, I really don’t believe that they would revert to the situation that existed prior to Joseph Kabila coming into power. I really don’t think it would be sensible for the country and I think that they are all mindful of the fact.
...
MINEWEB: Well, Barry Sergeant, Metorex is one of the favoured stocks. In fact last year Stephen Mildenhall, who is an admired asset manager, said it was his number one share on the JSE. It’s performed terribly well, it’s also produced strong profit returns. It’s the kind of share that the more adventurous investor, I guess, would be going for?
BARRY SERGEANT: Yes indeed. I think if you look today, even at the results coming out of Zambia, Chibuluma, the profit margin there was about 45%. You mentioned Gold Reef City earlier. Now Ruashi, the materials there are all above the ground, and goodness knows what those sort of margins are going to look like. Any stab at that, Charles?
CHARLES NEEDHAM: They are most exciting. I would think that they are probably, with the current copper price, in the order of plus 50%.
MINEWEB: So, it’s better than a Gold Reef City.
And UP!
oder: Das Pfeifen im Walde
Who’s afraid of the DRC?
By: Julius Cobbett
Posted: '23-AUG-06 15:35' GMT © Mineweb 1997-2006
http://www.mineweb.net/base_metals/953828.htm
“JOHANNESBURG (Mineweb.com) -- Metorex with interests in the Democratic Republic of Congo (DRC), says that it is still accelerating its activities there despite the fierce fighting 
that broke out in the capital city of Kinshasa following the recent presidential elections.”
Ruashi II von Juli 2009 auf 1. Quartal 2008 vorverlegt, also die Erhöhung des Kupferausstoßes um 35.000 t.
Jahresergebnis Metorex:
Gewinn um 478% gestiegen, von 27 Mio Rand auf 156 Mio Rand
d. wären 0,54 R pro Aktie, mithin ein KGV von etwa 20 ( Aktienkurs 10,70 ).
Nach Greg Potter, Trader von Nedcor Securities, wäre beim gegenwärtigen Kupferpreis fürs nächste Jahr ein (Headline)-Gewinn von 1,30 R erwartet, wäre KGV von 8,2.
Erscheint bei den enorm hohen Kupferpreisen nicht allzu doll, aber MTX ist noch in der Hochfahrphase: 8000 t Kupfer im abgelaufenen Jahr, schätze mal über 17.000 t im kommenden Jahr, über 25.000 t in 2007/08, vielleicht schon bis zu 60.000 t in 2008/09 ( ?). Als Fernziel waren 150.000 – 200.000 t genannt worden, wäre ne Verzwanzigfachung. ( Leider gibt’s keine Daten zu den Explorationsgebieten, um das besser einschätzen zu können ).
Hedge fürs nächste Jahr: 4775 t Kupfer zu ca. 4517 $/t (ca 2,05 $/lb ), schätze mal unter 28% der Produktion. Da die Produktionskosten für Ruashi I unter 0,75 $/lb liegen sollen, wäre das immer noch ne hübsche Marge. Über den Gold-Hedge für die Barberton Gruben reden wir nicht, der ist wieder unter aller Sau.
Greg Potter: "It's a buy. 
We like the management,"
CEO Needham ist optimistisch zu den Rohstoffpreisen:
"Commodity prices led by copper will remain stronger for longer."
Metorex earnings will more than double - Greg Potter, Nedcor Securities
http://www.miningmx.com/radio/
“These were really good results. I think we’re going to see a very strong earnings growth profile out of this company for the next two year, which will be primarily copper driven,” said a Johannesburg-based analyst.
Metorex zinc output in nine months
Allan Seccombe
Posted: Wed, 23 Aug 2006
http://www.miningmx.com/mining_fin/953407.htm
Bei der Sable Anlage in Sambia sollen nun auch Zinkhalden verarbeitet werden, bis zu 5.000 t Zink im Jahr. Zunächst in 9 Monaten eine Anlage für 8 Mio $, um 400.000 t Oxidationserze mit 12% Zink zu verarbeiten, danach weitere 5 Mio $ Investition für 3-4 Mio Tonnen Sulfiderze mit 7% Zink.
