Heute stehen keine weiteren Termine an. » zu den Börsenterminen von morgen Das Team von peketec.de wünscht allen Tradern und Investoren einen schönen Feierabend :-)
Guten Morgen! Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Stornoway Diamond Corp. has released its financial and operating results for the 12 months ended Dec. 31, 2016.
Year ended Dec. 31, 2016, highlights:Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
TERANGA GOLD LOOKS AHEAD TO GROWTH OPPORTUNITIES IN 2017 FOLLOWING STRONG PERFORMANCE IN 2016
Teranga Gold Corp. has released its financial results for the fourth quarter and full year ended Dec. 31, 2016. All amounts are in U.S. dollars unless otherwise stated.
"In addition to exceeding our full-year production and cost guidance, we undertook strategic actions in 2016 which have opened up significant growth opportunities for us," stated Richard Young, president and chief executive officer of Teranga Gold. "For shareholders, Teranga offers meaningful upside potential, backstopped by a robust production profile, a strong balance sheet and a supportive cornerstone investor. These are exciting times."
2017 catalysts
Banfora gold project: Following completion of a National Instrument 43-101 technical report targeted in mid-2017, the company's board of directors will assess project economics in advance of a potential construction decision in the second half of 2017.
Continued strong operational performance at Sabodala: The company's outlook for 2017 production of between 205,000 ounces and 225,000 ounces of gold and all-in sustaining cash costs per ounce of $900 to $975 is enhanced by a derisked profile following the completion of a mill optimization, the implementation of new grade control procedures and the buildup of high-grade inventory.
Multijurisdictional exploration programs: With $12-million to $15-million earmarked for exploration, Teranga is focused on increasing its reserve and resource base and increasing the likelihood of an exploration discovery in three major gold regions: Burkina Faso, Ivory Coast and Senegal.
Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ) (ASX:TGZ) is pleased to report its fourth quarter and year-end 2016 operating results for Australian Securities Exchange ("ASX") purposes.
"We achieved record-breaking operational performance in 2016 and are entering 2017 with a strong balance sheet and a focused plan to deliver on our vision of becoming a diversified mid-tier West African gold producer," stated Richard Young, President and Chief Executive Officer of Teranga. "In just one year, we have reduced the operating risk at Sabodala, multiplied our prospects for growth and increased our optionality with the acquisitions of Gryphon Minerals and a large prospective land package in Côte d'Ivoire. In 2017, our focus will be on proving the value of these new assets and fast tracking the completion of a feasibility study required to develop the Banfora gold project."
Added Mr. Young, "I am proud to say that all of this was accomplished while extending our long running health and safety record, which has now topped three years without a lost-time incident, and while earning international recognition of our corporate social responsibility program."
2016 Highlights
Achieved record high production of 216,735 gold ounces, surpassing guidance of 200,000-215,000 gold ounces
Achieved cost guidance as unit mining and processing costs hit record low
Total cash costs(1) are expected to be within the mid-point of our 2016 guidance range of $600-$650 per ounce
All-in sustaining costs(1) are expected to be within the mid-point of our 2016 guidance range of $900-$975 per ounce
Strengthened the Company's balance sheet with a cash position at year end of $95.2 million, compared to $44.4 million as at December 31, 2015
Completed the Gryphon Minerals acquisition and commenced the Banfora gold project feasibility study
Completed the Sabodala mill optimization - under budget and ahead of schedule
Advanced our exploration programs in Senegal, Burkina Faso and Côte d'Ivoire
Extended industry-leading health and safety record to more than 3 years without a lost time injury
Received awards for our corporate social responsibility program from the United Nations Global Compact Network Canada and from the Prospectors & Developers Association of Canada
2017 Outlook
The Company's outlook for 2017 is as follows:
Production: 205,000 to 225,000 gold ounces(2)
All-in sustaining costs (excluding non-cash inventory movements and amortized advanced royalty costs): $900 to $975 per ounce(1). All-in sustaining costs (including non-cash inventory movements and amortized advanced royalty costs): $1,000 to $1,075 per ounce(1).
See page 5 for a complete summary of operating and financial guidance
Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Zuletzt bearbeitet von greenhorn am 24.02.2017, 12:38, insgesamt einmal bearbeitet
February 23, 2017 17:00 ET
Primero Announces Executive Leadership Change
TORONTO, ON--(Marketwired - February 23, 2017) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that Mr. Ernest Mast and Primero have reached a mutual decision that Mr. Mast will depart Primero to pursue other opportunities effective no later than March 6, 2017. Upon Mr. Mast's departure, Mr. Joseph F. Conway will be appointed Interim President and Chief Executive Officer. Mr. Mast will continue to assist the Company in facilitating a smooth transition in leadership. The Company thanks Mr. Mast for his service and his assistance in transitional matters.
Mr. Conway is currently Vice Chairman and was previously President and C.E.O. of Primero from June 2010 through January 2016. Mr. Conway has nearly 30 years of mining and financial industry experience. He was President and C.E.O. of IAMGOLD Corporation from 2003 to 2010, growing it from a $50 million joint venture company to a $6 billion leading intermediate gold producer. Mr. Conway has a B.Sc. from Memorial University of Newfoundland (1981), and an MBA from Dalhousie University (1987).
About Primero
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Primero's website is www.primeromining.com.Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
wieder erste pos DUST short zu 27,80Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Viel im Downmove auf knapp 3 Can $ :eek:gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Hinweis nach §34b WpHG zur Begründung möglicher Interessenskonfl.: Der Verfasser von o.g. Beitrag kann Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Bei WPC gutes bid auf der 0,06, scheint nun der Boden zu sein. Auch einige Käufe heut zu 0,065 Hinweis nach §34b WpHG zur Begründung möglicher Interessenskonfl.: Der Verfasser von o.g. Beitrag kann Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
wünschen Euch Allen ein schönes Wochenende!Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
erste kleine NAK long zu 1,50 stehe nochmal bei 1,42Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
viel Glück, ich geh da nicht mehr ran. Verbreitet wird eine Meldung nachdem NAK evtl. durch hohe Kursziele viel Anleger in USA in die Aktie getrieben hätten und dort Anwaltskanzleien damit beschäftigt seien.
viel Glück, ich geh da nicht mehr ran. Verbreitet wird eine Meldung nachdem NAK evtl. durch hohe Kursziele viel Anleger in USA in die Aktie getrieben hätten und dort Anwwaltskanzleien damit beschäftigt seien.
erste kleine NAK long zu 1,50 stehe nochmal bei 1,42
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
erste kleine NAK long zu 1,50 stehe nochmal bei 1,42
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n).
Electrovaya appoints Pickrem director of sales in U.S.
2017-02-23 10:21 ET - News Release
Mr. Murray Pickrem reprots
MURRAY PICKREM JOINS ELECTROVAYA AS DIRECTOR OF SALES, USA FOR LITHIUM ION CERAMIC BATTERIES FOR FORK-LIFTS
Murray Pickrem joined Electrovaya Inc. in January, 2017, as director of sales in the United States for lithium-ion ceramic batteries for forklifts. Mr. Mr. Pickrem will be focused on directing Electrovaya's sales efforts in the U.S. market for the material handling and forklift batteries.
Mr. Pickrem has more than 20 years of experience in this industry, most recently as regional vice-president with First Financial, with a focus in materials handling and forklift batteries. Earlier, Mr. Pickrem was in sales and marketing with companies such as Siemens, Exide, ACT and The Raymond Group of Companies.
Mr. Pickrem has extensive leadership experience in sales management, national account sales, financing and structuring sales in the materials handling sector. In his previous roles, Mr. Pickrem was instrumental in acquiring numerous national corporate accounts and developing new business opportunities.
"I am very excited to accelerate the replacement of lead acid and hydrogen fuel cells by Electrovaya's lithium-ion ceramic battery," says Mr. Pickrem. "Electrovaya's cutting-edge technology and its great value proposition are compelling to the efficiency driven logistics and materials handing industry. This industry needs energy solutions which operates intensively, 24/seven, allows fast opportunity charging and requires no maintenance. We will drive sales through both OEM [original equipment manufacturer] channels as well as direct sales to customers, where our lithium-ion ceramic battery is a drop-in replacement for the ubiquitous lead acid in forklift trucks."
Electrovaya designs, develops and manufactures proprietary lithium-ion superpolymer batteries, battery systems and battery-related products for energy storage, clean electric transportation and other specialized applications.
Valeura closes TBNG acquisition, issues 14.62 M shares
2017-02-24 14:13 ET - News Release
Mr. Jim McFarland reports
VALEURA ANNOUNCES CLOSING OF TBNG ACQUISITION AND ISSUANCE OF COMMON SHARES PURSUANT TO SUBSCRIPTION RECEIPTS FINANCING
Valeura Energy Inc. has completed the following transactions, which form part of a chain of recent transactions that transform Valeura in terms of business scale, operational control, financial capability, drilling activity and production:
1. The acquisition of its joint venture partner, Thrace Basin Natural Gas (Turkiye) Corp. (TBNG) for $22-million (U.S.) in cash, effective March 31, 2016, which after closing adjustments, was reduced to a cash payment of $20.9-million (U.S.) (which includes $3.1-million (U.S.) held in escrow pending a final reconciliation of the closing statement of adjustments);
2. The issuance of 14,629,000 common shares of the corporation pursuant to 14,629,000 subscription receipts previously issued by the corporation in connection with the underwritten private placement offering of subscription receipts, which closed on Nov. 3, 2016, and the release from escrow of approximately $11-million in gross proceeds.
Valeura financed the acquisition of 100 per cent of the shares of TBNG by Valeura Energy Netherlands BV, a wholly owned affiliate of Valeura, with a combination of funds from the offering and earlier payments of $18-million (U.S.) received from Statoil Banarli Turkey BV under the previously announced Banarli farm-in and West Thrace deep rights sale transactions.
As the final link in the chain of transactions, the corporation will now proceed with the sale of an additional 10-per-cent participating interest to Statoil in the deep rights below 2,500 metres on the West Thrace lands for $3-million (U.S.).
Upon the closing of the subsequent West Thrace deep rights sale, expected in the second quarter of 2017, Valeura will retain a 31.5-per-cent participating interest and Statoil will have a 50-per-cent participating interest in the deep formations on the West Thrace lands. Valeura will retain an 81.5-per-cent participating interest in the shallow formations on the West Thrace lands and an 81.5-per-cent participating interest in all formations on other TBNG joint venture lands.
"Closing of these strategic transactions is the culmination of many months of transactional work to transform Valeura to the operator of its core shallow gas business, increase its working interest in that business, and bring on board a large and well-respected partner to help fund the exploration for a deep, basin-centred gas play in the Thrace basin, an exciting, high-impact concept we have championed for several years", said Jim McFarland, president and chief executive officer of Valeura. "We are very pleased with this reset for our business in Turkey. As our efforts now turn to operations to build on this new foundation, we are funded, organized and poised to ramp up the shallow gas drilling program, grow production and expect to spud the first deep exploration well at Banarli in [the second quarter of] 2017.
"I would also like to welcome more than 50 TBNG employees to the Valeura group who will have a key role to play in executing our new business plan in Turkey," added Mr. McFarland.
About Valeura Energy Inc.
Valeura Energy is currently engaged in the exploration, development and production of petroleum and natural gas in the Thrace basin of northwest Turkey.
16:00 - ! US Anstehende Hausverkäufe JanuarMarantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
MONTREAL, QUEBEC--(Marketwired - Feb. 27, 2017) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR)(NYSE:OR) is pleased to announce that it has agreed to acquire a silver stream with reference to silver produced at the Gibraltar copper mine ("Gibraltar"), located in British Columbia, Canada, from Gibraltar Mines Ltd. ("Gibco"), a wholly-owned subsidiary of Taseko Mines Limited ("Taseko"). Osisko will pay Taseko a cash consideration of US$33 million for the silver stream. In addition, Osisko will make ongoing payments of US$2.75 per ounce of silver delivered.
Sean Roosen, Chair and CEO of Osisko noted: "Osisko is pleased to partner with Taseko on the Gibraltar mine to create our first silver stream. Our agreement with Taseko further strengthens and diversifies our Canadian portfolio with a long-life asset with a proven operator that will immediately be accretive to our portfolio of assets. This investment also provides Osisko shareholders with silver price optionality over multiple cycles, with potential exploration and expansion upside."
Russell Hallbauer, President and CEO of Taseko, stated, "We are very happy with our agreement with Osisko on this transaction, partnering with a group that has become a world-class precious metal royalty and streaming company in such a short amount of time. We look forward to a long and prosperous relationship."
TRANSACTION HIGHLIGHTS
Adds to Osisko's Existing High-Quality Portfolio
Osisko has agreed to acquire Taseko's 75% share of payable silver production from the Gibraltar mine until the delivery of 5.9 million ounces of silver, and 35% of Taseko's share of payable silver production thereafter.
Gibraltar is the second largest open pit copper mine in Canada and fourth largest in North America. The life of mine yearly average production from Gibraltar is approximately 140 million pounds ("lb") of copper and 2.5 million lb of molybdenum. With a large reserve of 3.2 billion lb of recoverable copper and 58 million lb of molybdenum, the estimated mine life of the project is 23 years (proven and probable reserves as of January 1, 2016).
With the addition of the Gibraltar silver stream, Osisko's 2017 production is forecasted to come entirely from mines in Canada, a mining-friendly and low-risk jurisdiction.
TASEKO ANNOUNCES RECORD QUARTERLY COPPER AND MOLYBDENUM PRODUCTION AT GIBRALTAR
Taseko Mines Ltd.'s Gibraltar project had fourth quarter copper production of 40.7 million pounds and 800,000 pounds of molybdenum. Total production for the year was 133.2 million pounds of copper and 900,000 pounds of molybdenum (for the four months the molybdenum plant operated). Total sales for the year were 131.1 million pounds of copper and 900,000 pounds of molybdenum.
Despite challenging weather conditions in the fourth quarter, mill throughput was maintained at a similar level to previous quarters. The 23-per-cent increase in copper production over the third quarter was mainly a result of higher copper grades, as planned, but also from improved copper recoveries. The fourth quarter was the first full quarter the molybdenum plant has operated since it was restarted in September. It operated exceptionally well, with recoveries averaging approximately 50 per cent for the quarter.
Russell Hallbauer, president and chief executive officer of Taseko, stated: "We are extremely happy with copper and molybdenum production in the fourth quarter. It is a quarter that truly demonstrates the production and cash flow capability of Gibraltar. Higher copper and molybdenum production is having a significant positive impact on unit costs.
"Recently, the many factors that affect our profitability have aligned to create an ideal scenario: higher production at a much lower cost, a copper price which has climbed nearly 25 per cent since October and a weak Canadian dollar (which has the Canadian-dollar price of copper back to 2011/2012 levels). Each of these factors has a significant and an immediate financial impact on our business," concluded Mr. Hallbauer.
Note: Gibraltar is a joint venture owned by Taseko Mines (75 per cent) and Cariboo Copper Corp. (25 per cent). All production and sales figures are reported on a 100-per-cent basis, unless otherwise noted.
TKO - Zahlen, ich habe bessere erwartet.......aber gut
Taseko loses $19.38-million in Q2
2016-07-26 17:14 ET - News Release
Mr. Russell Hallbauer reports
TASEKO REPORTS SECOND QUARTER 2016 RESULTS
Taseko Mines Ltd. has released the results for the three and six months ended June 30, 2016. (This release should be read with the company's financial statements and management's discussion and analysis, available at the Taseko website and filed on SEDAR. Taseko's 75-per-cent-owned Gibraltar mine is located north of the city of Williams Lake in south-central British Columbia. Production volumes stated in this release are on a 100-per-cent basis unless otherwise indicated.)
Second quarter highlights:
Second quarter loss from mining operations before depletion and amortization* was $3.2-million.
Site operating costs, net of byproduct credits*, were $1.74 (U.S.) per pound produced, and total operating costs (C1)* were $2.07 (U.S.) per pound produced.
Site operating cost per ton milled* was $9.67, slightly higher than the first quarter of 2016 result of $9.59.
Copper production at Gibraltar was 30.6 million pounds (100-per-cent basis).
In the second quarter, the company drew additional loan proceeds of $47-million ($36.8-million (U.S.)) under a senior secured credit facility with an affiliate of RK Mine Finance (Red Kite). The $70-million (U.S.) facility was signed in January, 2016, and has now been fully drawn down.
The company ended the second quarter with a cash balance of $89-million.
On April 14, 2016, the Arizona Department of Environmental Quality announced its intention to issue a significant amendment to a temporary aquifer protection permit for the Florence copper project.
Subsequent events:
The company has acquired copper put options for a total of 10 million pounds with maturities in the third quarter of 2016 at a strike price of $2.20 (U.S.) per pound.
On July 20, 2016, Taseko announced that the B.C. Environmental Assessment Office is proceeding with Taseko's request to amend the environmental assessment certificate for its New Prosperity project.
Russell Hallbauer, president and chief executive officer of Taseko, commented: "We produced slightly more copper in the second quarter, compared to the first quarter, mainly as a result of improved copper grades. Throughput per operating day increased quarter over quarter although total tons milled was impacted by maintenance downtime associated with a number of business improvement projects.
"Mining productivities increased quarter over quarter due to short waste hauls associated with the ability to backfill a mined-out section of the Granite pit. We made a decision to take advantage of the higher productivities and mined an additional five million tons of waste this quarter instead of idling equipment and reducing spending. The higher stripping rates will provide access to higher-grade ore earlier than originally planned.
"On a cost-per-ton-milled basis, the mine continued to perform very well, maintaining site operating costs below $10 per ton. Total operating cost per pound of $2.07 (U.S.) was slightly lower in the quarter due to the higher production levels. Looking forward, we expect costs should drop below $2 (U.S.) per pound as copper grades increase in the second half of the year. Additionally, we do not anticipate any major capital spending before the end of the year," continued Mr. Hallbauer.
Mr. Hallbauer concluded: "In recent weeks, we have seen a modest increase in metal prices. Considering the continued volatility in the market, we took advantage of the pricing strength to extend our copper hedges by acquiring put options for August and September with a strike price of $2.20 (U.S.) per pound. Also, with the molybdenum price back to approximately $6.50 (U.S.) per pound, we are reviewing options to restart our molybdenum circuit at Gibraltar. We believe we can produce molybdenum for roughly $4 (U.S.) per pound, which at today's price level, would generate a significant byproduct credit from molybdenum production and improve our overall operating margin."
BC GOVERNMENT PROCEEDING WITH CERTIFICATE AMENDMENT PROCESS FOR TASEKO'S NEW PROSPERITY PROJECT
The British Columbia Environmental Assessment Office is proceeding with Taseko Mines Ltd.'s request to amend the environmental assessment certificate for its New Prosperity gold-copper project in central British Columbia.
In addition to this undertaking, Taseko will be filing a notice of work with the Ministry of Energy and Mines, which will allow the company to gather information to advance mine permitting under the British Columbia Mines Act. Taseko looks forward to working with the six local Tsilhqot'in First Nation bands, as represented by the Tsilhqot'in national government, on the consultative and substantive aspects of the notice of work as per the terms in the 2012 settlement agreement.
"Ownership and development of mineral resources are explicit areas of provincial jurisdiction and responsibility, granted under the 1982 amendments to the Constitution Act (1867)," commented Russell Hallbauer, president and chief executive officer of Taseko. "The New Prosperity environmental assessment process has been unduly influenced by the actions of the federal government. The fact that the government of British Columbia is moving forward with the certificate amendment process indicates the importance it places on the development of the New Prosperity mine."
Mr. Hallbauer continued: "The government of Canada's position regarding the federal authorizations required for New Prosperity can be rectified if discussions around the salient issues raised by the federal panel in 2013 are objectively and scientifically reviewed. The information we will gather from the notice of work field program will aid those discussions."
New Prosperity is the largest undeveloped gold-copper porphyry in North America and contains 11 million ounces gold and four billion pounds of copper and, when in production, will produce 250,000 ounces of gold and 110 million pounds of copper annually for 20 years.
Marantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
TORONTO, ONTARIO--(Marketwired - Feb. 27, 2017) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to announce initial results from its exploration drilling program at its Niakafiri deposit on the Sabodala mine license in Senegal, West Africa.
"We are pleased to be drilling at Niakafiri. With the resumption of drilling, we believe there is considerable opportunity to upgrade the existing resources and reserves. With results received from 27 of the 115 planned holes, we are encouraged by the favourable results thus far," stated Paul Chawrun, Chief Operating Officer of Teranga.
The majority of the Niakafiri suite of deposits were delineated at the inception of the Sabodala project in 2009 and represents a combined measured and indicated resource of approximately 600,000 ounces, an inferred resource of approximately 220,000 ounces and reserves of over 300,000 ounces(1) included within the total resource estimate (see Table 1A in Appendix 1). These resources and reserves have been delineated near surface with the oxide zone extending at depth and are approximately 3 kilometres from the Sabodala mill (see Figure 1 in Appendix 1). Further development drilling of Niakafiri resources was halted until Teranga was able to access these areas with stakeholder support. Since re-initiation of this program with one drill in late 2016, we have increased present activity to four drills in order to complete the drilling in time for inclusion in an updated mid-year resource and reserve statement.
Added David Mallo, Vice President Exploration of Teranga, "The Niakafiri drilling program will continue throughout 2017 as we seek to upgrade resource classification, infill gaps between resource outlines and evaluate mineralisation along strike of the deposits."
HIGHLIGHTS
6.90 g/t Au over 8 metres including 45.5 g/t Au over 1 metre in MDD17-242
2.45 g/t Au over 17 metres including 3.25 g/t Au over 11 metres in MDD16-235
1.89 g/t Au over 12 metres including 5.25 g/t Au over 3 metres in MDD17-239
Teranga has four diamond core drills currently active at NiakafiriMarantha!
Homo proponit sed deus disponit - Es ist ein langer Weg zum Whisky-Experten - aber es ist eine schöne Zeit dahin! - gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Guten Morgen! 
; sollte Richtung offenes GAP bei 1,12 CAD laufen; aber erstmal die 1,05 überwinden 
nun ja........überzeugend finde ich das nicht, aber wenn man das Geld braucht.........