Rohstoffthread / CCG-Hauptthread

[spiderwilli]

chart beim gold sieht jetzt eher positiv aus. die tiefs der letzten woche sollten normal nicht mehr
getestet werden. 1700 bis jahresende keine utopie.

 

[NewAccount]

December 19, 2011 09:21 ET
Sparton Announces Strategic Cooperation Agreement With Lafarge Shui On Cement (China)

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2011) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company"), announced today that its subsidiary company, Yunnan Sparton Environtech Co. Ltd. ("YSET") has executed a Letter of Intent and cooperation agreement with Lafarge Shui On (Beijing) Technical Services Co., Ltd ("LSOC"). LSOC is a Chinese based subsidiary of Lafarge SA, a world leader in building materials and the world's number one cement manufacturer.

Lafarge may use waste coal ash as an additive in its cement manufacturing process. The company has a number of operations in China, including 18 operating cement plants and grinding stations and one cement plant under construction in Yunnan Province. Both parties envision significant positive environmental benefits from this joint program.

Under the terms of the agreement, YSET will identify deposits of potentially recyclable waste with LSOC evaluating their suitability for use within the cement-making process. YSET's initial waste ash reclamation work is at a pilot plant stage and has focussed on the Lincang area of Yunnan.

Company President, Lee Barker stated that: "Sparton is very pleased to be associated in this program with the Lafarge organization. Lafarge's strong position in Yunnan, and its support for the recycling and waste cleanup initiatives developed by YSET, will be extremely positive contributions to the program going forward."

Sparton's international exploration, development, production and evaluation programs are being carried out under the direct supervision of A. Lee Barker, P. Eng., P Geol., the Company's President and CEO, who is a Qualified Person under National Instrument 43-101.

 

[NewAccount]

December 19, 2011 09:20 ET
China Gold International Resources Corp. Ltd. Intercepts 248.09 Meters of 0.78 Grams/Tonne Gold at Its CSH Gold Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the "Company") is pleased to announce an update on its exploration progress for 2011 at its CSH gold mine in Inner Mongolia, China. The planned 108 hole - 59,135.40 meter drill campaign was completed in early November 2011 on schedule, which is aimed to define more resource down depth below the current open pit. All of the assay results were received in late November 2011.

Highlights of the 2011 drill program from the recently received assay results include intercepts of 340.36 meters (true width 248.09 meters) grading 0.78 grams per tonne (g/t) gold in hole DDH9900-2 and 221.88 meters (true width 190.99 meters) grading 0.92 grams per tonne (g/t) gold in hole DDH9800-3.

"We are pleased with the results from the drill campaign. The results indicate that the gold mineralization is continuous and the gold grade has improved to depth beneath the current open pit operation and provides confidence that the resource at CSH will have a significant increase. With the growing gold resource, and the recent increases in mine water supply, we look forward to potentially further expanding the mine production capacity from its current 30,000 tpd," commented Dr. Xin Song, the Company's CEO.

The following is a brief summary on the 2011 drilling results:
Table 1: Gold intercepts from 108 diamond drill holes in the mining permit area:

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http://www.marketwire.com/press-release/china-gold-international-resources-corp-ltd-intercepts-24809-meters-078-grams-tonne-tsx-cgg-1600075.htm

 

[NewAccount]

von heute 15:35
Gold ist teuer - Minen-Aktien sind billig

Gold hat einen sagenhaften Kursanstieg hinter sich; die Aktien der Goldminen-Betreiber hinken mit Ach und Krach hinterher. Dies lässt den Schluss zu, dass entweder Gold massiv überbewertet oder die Minenwerte massiv unterbewertet sind.

[...]

http://www.emfis.de/rohstoffe/rohstoffe/nachrichten/beitrag/id/Gold_ist_teuer_Minen_Aktien_sind_billig_ID98196.html

 

[dukezero]

FRANKFURT (Dow Jones) - Die Zentralbanken des Eurosystems haben ihre Staatsanleihekäufe in der vergangenen Woche stark aufgestockt. Wie die Europäische Zentralbank am Montag mitteilte, wurden per 16. Dezember Käufe über 3,361 Mrd (Vorwoche: 635 Mio) EUR abgewickelt. Wie die EZB weiter mitteilte, wird sie am Dienstag einen Tender zur Absorption von 211,0 Mrd EUR begeben. Das entspricht dem Volumen jener Staatsanleihen, die die Eurosystem-Zentralbanken im Rahmen des Wertpapierkaufprogramms (SMP) gekauft haben und die sich noch in ihrer Bilanz befinden. Beim Liquiditätsabzug wird auf eine halbe Milliarde auf- oder abgerundet. Das Geschäft mit einer Laufzeit von sieben Tagen wird mit einem Höchstbietungssatz von 1,00% begeben.

DJG/chg/nas

Copyright (c) 2011 Dow Jones & Company, Inc.

 

[NewAccount]

CCG-Redaktion schrieb am 19.12.2011, 13:00 Uhr[/url]"]December 19, 2011 06:30 ET

Continental Gold Drills 3.0 m @ 162.7 g/t Gold, 41 g/t Silver and 33.68 m @ 6.2 g/t Gold in Yaragua and Extends both the Yaragua and Veta Sur Vein Systems Laterally and Vertically

http://www.marketwire.com/press-rel...368-m-62-g-t-gold-yaragua-tsx-cnl-1599919.htm

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2011) - Continental Gold Limited ("Continental" or the "Company") (TSX:CNL) is pleased to announce results for 20 diamond drill holes and 272 metres of underground channel sampling from the Company's ongoing program at its Buriticá Project in Antioquia, Colombia. Ten drills are currently on schedule to complete over 100,000 metres of surface and underground drilling on the project by the end of 2011.

 

[NewAccount]

December 19, 2011 11:08 ET
Arianne Pleased with Public Involvement in Lac a Paul Mining Project

SAGUENAY, QUÉBEC--(Marketwire - Dec. 19, 2011) - Arianne Resources Inc ("Arianne" or the "Company") (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRSSF), through its Chief Executive Officer, Mr. Bernard Lapointe, would like to express its satisfaction regarding the public's involvement in the development of the Lac à Paul mining project located 170 km from St-Ludger-de-Milot, north of Saguenay-Lac-St-Jean. Nearly 90 people took part in the second round of public consultation meetings for the project, held on December 6 and 7 in the communities of Dolbeau-Mistassini and Saguenay in the Jonquière district. "The public meetings were very productive and will help us improve our environmental and social impact study", commented Mr. Lapointe. Last June, Arianne announced it would keep the public informed about the findings of its Pre-Feasibility Study. This study has now concluded that the Lac à Paul Project, which would produce apatite (phosphorous) concentrate, is an economically viable world-class mining project.

Arianne's public consultation process is jointly managed by the Eco-Council of the University of Quebec in Chicoutimi as part of a research project on a participative involvement process in line with the Company's sustainable development policy. As part of its efforts towards the responsible development of the Lac à Paul Project, Arianne will continue to consult with all people and groups interested or affected by the project in any way, and these consultations will take place during all phases of the project.

"The discussion forum during the public meetings on December 6 and 7 proved to be a great brainstorming session, providing many positive suggestions for improving the project's social, environmental and economic aspects so that we may work in harmony with those who live in the area and incorporate the best practices of sustainable development", explained Mr. Lapointe. The project is scheduled to enter the next phase, the Feasibility Study, in 2012.

Arianne's Lac à Paul Project aims to mine two apatite deposits on the Lac à Paul property of the Chute des Passes area, north of Saguenay-Lac-Saint-Jean. The project would require an initial investment of about $650 million, creating 340 direct jobs during the mining phase and more than 400 jobs during construction. The mining project would also contribute substantially to local and regional economic development, in addition to creating about 400 indirect jobs and establishing the procurement of goods and services in the Saguenay-Lac-Saint-Jean region throughout the life of the mine.

 

[NewAccount]

Gold: Experten erwarten Anfang 2012 weitere Verluste

New York (BoerseGo.de) - Der Goldpreis dürfte einer Umfrage der Nachrichtenagentur Reuters zufolge in den nächsten drei Monaten unter die Marke von 1.500 US-Dollar je Feinunze fallen und sein im September erreichtes Allzeit frühestens Ende 2012 wieder testen. Dies ist das Ergebnis einer Reuters-Umfrage unter 20 Hedgefondsmanagern, Ökonomen und Händlern.

Nachdem Gold in diesem Monat bereits elf Prozent an Wert verloren habe, dürfte diese Prognose die Sorge weiter nähren, dass das Edelmetall kurz vor dem Ende einer jahrzehntelangen Rally stehe und in einen Bärenmarkt eintrete, hieß es.

Fast die Hälfte der Teilnehmer der Umfrage gehen nach der schlechten Performance in der vergangenen Woche, die Gold auf ein Zweieinhalbmonatstief bei 1.560,75 US-Dollar je Feinunze fallen ließ, davon aus, dass Gold im ersten Quartal 2012 unter 1.450 US-Dollar je Feinunze fallen wird, während drei Befragte sogar Notierungen von 1.400 US-Dollar je Feinunze erwarten.

Die längerfristigen Aussichten bewerten die Umfrageteilnehmer auch nicht rosiger: Mehr als die Hälfte hält es für unwahrscheinlich, dass Gold vor der zweiten Jahreshälfte 2012 einen neuen Anlauf auf sein Allzeithoch unternimmt. Vier Befragte erwarten ein neues Allzeithoch erst 2014.

(© BörseGo AG 2011 - Autor: Tomke Hansmann)

 

[NewAccount]

GWY stemmt sich auch heute wieder gegen den allgemeinen Abwärtstrend!

NewAccount schrieb am 16.12.2011, 19:25 Uhr[/url]"]netter Rebound!

Galway Resources Ltd (TSX: GWY)

 

[NewAccount]

December 19, 2011 12:10 ET
Crazy Horse Resources Inc. Completes Updated Resource Report

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Crazy Horse Resources Inc. (TSX VENTURE:CZH) ("Crazy Horse" or the "Company") announces that further to its news release of November 14, 2011, it has commissioned a revised scoping study on the benefits and economic performance of a 15 Mtpa mine and process operation for its Taysan Copper Gold Project, Philippines (the "Report").

The Report dated December 16, 2011 and entitled "Revised Preliminary Economic Assessment For A 15 Million Tonne Per Annum Mine" was authored by Barton Metals Pty Ltd. of Australia and presents the results of a revised scoping study for a smaller, more financially robust project.

The scoping study is based on new pit optimizations at a higher copper cutoff grade (0.19% vs 0.10%), as well as a reduced plant size of 15Mtpa (compared to 30 Mtpa). These changes result in a significant increase in profitability, with the internal rate of return of the Project (IRR) increasing by over a third to 29.3%, from the 21.9% shown in the last Preliminary Economic Assessment ("PEA") based on a 30 Mtpa project. The net present value (NPV) at US$484 million remains highly attractive:

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http://www.marketwire.com/press-release/crazy-horse-resources-inc-completes-updated-resource-report-tsx-venture-czh-1600190.htm

CCG-Redaktion schrieb am 16.12.2011, 18:43 Uhr[/url]"]December 16, 2011 12:03 ET
Crazy Horse Drills 326.4m @ 0.41% Cu, 0.25 g Au/T, 1.61 g Ag/T at Taysan Project

MANILA, PHILIPPINES--(Marketwire - Dec. 16, 2011) - Crazy Horse Resources Inc. (TSX VENTURE:CZH)(OTCQX:CRZHF) -

Highlights:

CZT 047 - 326.4m @ 0.41% Cu, 0.25 g Au/T, 1.61 g Ag/T
including 98.4m @ 0.83% Cu, 0.63 g Au/T, 3.38 g Ag/T
CZT 073 - 428m @ 0.38% Cu, 0.47 g Au/T, 1.34 g Ag/T
including 92m @ 0.74% Cu, 1.42 g Au/T, 3.30 g Ag/T
including 28m @ 1.44% Cu, 4.15 g Au/T, 8.00 g Ag/T
CZT 077 - 309m @ 0.31% Cu, 0.10 g Au/T, 1.07 g Ag/T
CZT 087 - 287.4m @ 0.33% Cu, 0.14 g Au/T, 1.24 g Ag/T
CZT 093 - 113.5m @ 0.47% Cu, 0.26 g Au/T, 1.49 g Ag/T

Project drilled off to standard required for Bankable Feasibility Study
Pre-Feasibility Study to be completed by Q2 2012

http://www.marketwire.com/press-release/crazy-horse-drills-3264m-041-cu-025-g-au-t-161-g-ag-t-at-taysan-project-tsx-venture-czh-1599674.htm

 

[NewAccount]

December 19, 2011 12:27 ET
Bravo Samples 2.2m of 530g/t Ag, 5.5% Pb and 4.2% Zn in Channel Samples at Kinskuch

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Bravo Gold Corp. (TSX VENTURE:BVG)(FRANKFURT:B6I) ("Bravo") reported today results from surface channel samples taken from the Kinskuch property, a 59,600 hectare claim package located adjacent to and south of Bravo's Homestake Ridge project in northwestern British Columbia.

Highlights of the sampling include:

a 2.2 metre interval averaging 530g/t silver, 5.5% lead and 4.2% zinc (807g/t AgEq), including 0.55 metres of 1503g/t silver, 16.9% lead and 8.8% zinc (2235g/t AgEq) from trench KNTR-015;
a 1.1 metre interval averaging 285g/t silver, 4.3% lead and 3.1% zinc (512g/t AgEq) from trench KNTR-018; and
a 1.9 metres averaging 373g/t silver, 7.8% lead and 5.2% zinc (743g/t AgEq), including a 0.6 metre interval averaging 898g/t silver, 16.0% lead and 10.4% zinc (1648g/t AgEq) from trench KNTR-004.

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http://www.marketwire.com/press-release/bravo-samples-22m-of-530g-t-ag-55-pb-and-42-zn-in-channel-samples-at-kinskuch-tsx-venture-bvg-1600197.htm

 

[NewAccount]

December 19, 2011 13:19 ET
Revett Provides Operational Guidance for 2012

SPOKANE VALLEY, WASHINGTON--(Marketwire - Dec. 19, 2011) - Revett Minerals Inc. (NYSE Amex:RVM) (TSX:RVM) is pleased to issue 2012 operational guidance for production from its Troy silver and copper mine in northwestern Montana.

Production at the Troy Mine is expected to be approximately 1.4 million ounces of silver and 11.5 million pounds of copper for 2012. Based on the current mine plan, mill throughput is anticipated to average 4,000 tons per day and grades are expected to average around 1.15 ounces per ton silver and 0.47% copper. Production costs on a net of byproduct basis are estimated to be US$4.89 per ounce of silver and US$1.54 per pound of copper and on a co-product basis costs are estimated to be US$13.79 per ounce of silver and US$2.24 per pound of copper.

Revett has hedged approximately 25% of its 2012 copper production at US$4.00 per pound.

Development work in the I-Bed area is scheduled to begin in August of 2012 following minor permit revisions and will continue for approximately 24 months with an estimated budget of US$15M. Although the total I Bed development is expected to take approximately 24 months to access reserves in the South Ore Body, it is anticipated mineralization will be encountered in the North Ore Body that may be economic for ore processing in late 2012 or by mid-year 2013. The Company will utilize a dedicated in-house development crew to drive the twin access declines that will provide for both ventilation and a secondary escapeway. Completion of this development work will provide a key component of the extended mine life at Troy.

 

[Ollinho]

Rick Rule - I Personally Bought Over $10 Million This Week

With gold stabilizing near the $1,600 level and silver below $30, today King World News interviewed one of the most street smart pros in the resource sector, Rick Rule, Founder of Global Resource Investments. Rule had some fascinating things to share with KWN, but in particular with regards to what he is doing with his own money right now. When asked about the recent plunge in the price of gold, silver and the mining shares, Rule replied, “For a lot of the financial interests in gold, they’ve had their credit lines cut, they can’t hold it. We saw that in 2008 also. Because of recent weakness in the euro, the dollar has become the safe haven trade. So there has been strength in the dollar, hence the weakness in gold.”

December 16, 2011

Rick Rule continues:

“I personally don’t see that continuing for reasons that you and I have talked about many times, but could it continue for two or three more months? Absolutely. I’m delighted to see it as a buyer. With regards to the smaller gold and silver companies, you’re seeing declines in all of the peripheral investments.

I need to say, Eric, and you’re the first to hear this, it’s my belief that markets will break sharply lower in the very near-term because this week I’ve personally committed $10 to $15 million in money to the sector and normally I buy too soon.

I believe as you do, Eric, that if you have a choice in troubled times, and make no mistake these are troubled times, you would own gold and silver in preference to any fiat currency. So I think in the intermediate and long-term gold does pretty well.

As I alluded to earlier, the junior gold and silver miners in many cases are very cheap. I’m not talking about 3,000 companies, I’m talking about the best 10% of the issuers and those are cheap....

“Cheap enough, as I said earlier, for me to commit between $10 to $15 million of my own money this week to buying them. That’s almost a guarantee that in the interim they go lower. I’m not a technician, but I’ve been told the gold and silver charts have broken down and I suspect that precipitated a bit of selling.

From my viewpoint I’m not buying these things because I think the market response will get better. I’m buying junior gold and silver stocks that I think will be taken over by larger gold and silver producers in the 12 to 24 month time frame. From that point of view I welcome the bargains I see in the sector.”

When asked about silver specifically, Rule stated, “Eric (Sprott) continues to point, I think wisely, to the fact that there is a very, very broad paper market in silver and a much more constrained physical market in silver.

He (Sprott) has also said that to the extent the silver price has declined, financial interests would continue to buy silver and this is exactly what has taken place. The tipping point where the paper longs exhaust the physicals could come and if we had a failure to deliver in the futures market, the upside would be truly explosive. If it does occur it will be a spectacular financial event.”

 

[Kostolanys Erbe]

Moinsen!

Mal sehen, ob wir heute die 1.600 $ Marke packen!

 

[spatzemann]

Morgäähn

1 Unze Gold in US-$ .............1 Unze Gold in Euro

1 Unze Silber in US-$ .............1 Unze Silber in Euro

 

[spiderwilli]

CCG-Redaktion schrieb am 20.12.2011, 06:41 Uhr[/url]"]Moinsen!

Mal sehen, ob wir heute die 1.600 $ Marke packen!

» zur Grafik

die marke zu knacken sollte kein problem sein. die marke nachhaltig zu überwinden schon eher.
täglich in richtung amistart kräftiger abverkauf. könnte man eigentlich gut traden.

 

[greenhorn]

Guten Morgen!

 

[spiderwilli]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[greenhorn]

noch nicht, erst nach Weihnachten.............
wenn du es auf meine Beitragsdichte beziehst - im Moment steppt der Bär.........sehr viel Geschäft, wir merken nix von Kreditklemme

ach, übrigens - als Du neulich in Ägypten warst ging der Markt auch gut hoch - stell dir nun vor das wir gemeinsam im Urlaub sind............. Gold auf 1900 innerhalb von Stunden.....

spiderwilli schrieb am 20.12.2011, 09:50 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[greenhorn]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CFO-1912047&symbol=CFO&news_region=C

bin wirklich gespannt ob CFO die Wiederaufnahme des Handels zügig hinbekommt........
hab meine Posi gedanklich erstmal abgeschrieben.......

 

[dukezero]

Deutschland: ifo-Geschäftsklimaindex steigt im Dezember überraschend auf 107,2 Punkte (Prognose: 106,1 Punkte), nach 106,6 Zählern im Vormonat.

 

[spiderwilli]

in diesem fall sollte sich einige finanzkräftige sponsoren finden lassen.
kleiner tripp nach südafrika, die haben jetzt sommer. außerdem sehr gute weingüter in der gegend von kapstadt
bin noch bis morgen in der firma. dann frei bis 9.1.

greenhorn schrieb am 20.12.2011, 09:55 Uhr[/url]"]
noch nicht, erst nach Weihnachten.............
wenn du es auf meine Beitragsdichte beziehst - im Moment steppt der Bär.........sehr viel Geschäft, wir merken nix von Kreditklemme

ach, übrigens - als Du neulich in Ägypten warst ging der Markt auch gut hoch - stell dir nun vor das wir gemeinsam im Urlaub sind............. Gold auf 1900 innerhalb von Stunden.....

spiderwilli schrieb am 20.12.2011, 09:50 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[greenhorn]

diese Sponsoridee habe ich ja schon öfter hier lanciert.........allein die Herren zierten sich
Sonne,Warm und ne guten Tropfen........das wäre was
am Strand etwas die Harfe zupfen.......

spiderwilli schrieb am 20.12.2011, 10:04 Uhr[/url]"]in diesem fall sollte sich einige finanzkräftige sponsoren finden lassen.
kleiner tripp nach südafrika, die haben jetzt sommer. außerdem sehr gute weingüter in der gegend von kapstadt
bin noch bis morgen in der firma. dann frei bis 9.1.

greenhorn schrieb am 20.12.2011, 09:55 Uhr[/url]"]
noch nicht, erst nach Weihnachten.............
wenn du es auf meine Beitragsdichte beziehst - im Moment steppt der Bär.........sehr viel Geschäft, wir merken nix von Kreditklemme

ach, übrigens - als Du neulich in Ägypten warst ging der Markt auch gut hoch - stell dir nun vor das wir gemeinsam im Urlaub sind............. Gold auf 1900 innerhalb von Stunden.....

spiderwilli schrieb am 20.12.2011, 09:50 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[spiderwilli]

.... dann brauchen wir keine einsame insel. haben wir innerhalb weniger minuten

greenhorn schrieb am 20.12.2011, 10:12 Uhr[/url]"]diese Sponsoridee habe ich ja schon öfter hier lanciert.........allein die Herren zierten sich
Sonne,Warm und ne guten Tropfen........das wäre was
am Strand etwas die Harfe zupfen.......

spiderwilli schrieb am 20.12.2011, 10:04 Uhr[/url]"]in diesem fall sollte sich einige finanzkräftige sponsoren finden lassen.
kleiner tripp nach südafrika, die haben jetzt sommer. außerdem sehr gute weingüter in der gegend von kapstadt
bin noch bis morgen in der firma. dann frei bis 9.1.

greenhorn schrieb am 20.12.2011, 09:55 Uhr[/url]"]
noch nicht, erst nach Weihnachten.............
wenn du es auf meine Beitragsdichte beziehst - im Moment steppt der Bär.........sehr viel Geschäft, wir merken nix von Kreditklemme

ach, übrigens - als Du neulich in Ägypten warst ging der Markt auch gut hoch - stell dir nun vor das wir gemeinsam im Urlaub sind............. Gold auf 1900 innerhalb von Stunden.....

spiderwilli schrieb am 20.12.2011, 09:50 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[Ollinho]

:D

Moin Jungs!


Gold sollte doch jetzt mal bitte in Richtung 1630-1650 laufen...

 

[dukezero]

Spanien: Renditen bei beiden Auktionen von Geldmarktpapieren stark rückläufig. Nachfrage mit Überzeichnungsquoten von 2,86 bzw. 4,06 robust.

 

[greenhorn]

December 19, 2011 16:12 ET

Adriana Announces Joint Venture Agreement With WISCO

http://www.marketwire.com/press-rel...eement-with-wisco-tsx-venture-adi-1600292.htm
TORONTO, ONTARIO--(Marketwire - Dec. 19, 2011) - Adriana Resources Inc. ("Adriana") - (TSX VENTURE:ADI) is pleased to announce that, it has entered into a Joint Venture Agreement (the "JV Agreement") with a wholly owned subsidiary of WISCO International Resources Development & Investment Limited ("WISCO") to engage in the development and operation of the Company's Lac Otelnuk and December Lake iron ore properties in Nunavik, Québec (together, the "Lac Otelnuk Project").

Allen J. Palmiere, President and CEO of Adriana said "This is an extremely important milestone for Adriana and for the people of Québec. With the financial support of our new partner, it enables us to accelerate the development of our Lac Otelnuk Project. The project, in conjunction with the Government of Quebec's Plan Nord, will provide a significant economic stimulus for the development of Northern Québec."

On closing of the JV Agreement, WISCO, which currently owns approximately 19.8% of Adriana, will fund an additional CDN$91,633,611, being the balance of the CDN$120 million of WISCO's original commitment pursuant to the originally signed Framework Agreement. Adriana and WISCO have agreed that CDN$51,633,611 will be paid directly to Adriana and the remaining CDN$40 million will be injected into a Joint Venture Company (the "JV Company"). Adriana will transfer its interest in the Lac Otelnuk Project into the JV Company and, on closing, WISCO will acquire a 60% interest and Adriana will hold the remaining 40% interest. WISCO has agreed to use commercial best efforts to assist the JV Company to obtain project financing for 70% of the development costs required to achieve start of commercial production for the Lac Otelnuk Project, the size and scope of which will be determined by a bankable Feasibility Study. WISCO has agreed to provide dilution protection to Adriana by providing funding assistance of up to a maximum of CDN$200 million for a term of up to 12 months in the event that Adriana has difficulty in funding its share of any cash call prior to the achievement of commercial production. Adriana and WISCO have agreed to purchase all the production from the JV Company at fair market value in proportion to their respective equity interests. Mr. Palmiere will be appointed as the CEO of the JV Company and Adriana will have the right to appoint two of the five directors of the JV Company. The JV Company will reimburse Adriana for certain expenditures incurred on the Lac Otelnuk Project since January 17, 2011, the date Adriana and WISCO entered into the original Framework Agreement. The finder's fee originally announced of 10% of the cash consideration and a participating 4% interest in the Project was renegotiated, and as a result, a finder's fee in the amount of CDN$6,763,361 will be paid by Adriana on the closing of the JV Agreement in full satisfaction of the previously disclosed agreement with an arm's length third party.

The transactions contemplated in the JV Agreement are subject to a number of conditions which include, among other things, Government approvals in Canada and China, and regulatory approvals including final approval from the TSX Venture Exchange and the receipt of shareholder approval by Adriana as required under the policies of the TSX Venture Exchange.

Adriana will be seeking shareholder approval by way of written consent of shareholders holding at least 50.1% of the issued and outstanding common shares. The transaction is anticipated to close on or before January 19, 2012.

 

[greenhorn]

aber die frauen schicken wir shoppen!
und wir schauen uns mal den südafrikanischen Goldbergbau aus der Nähe an.............

spiderwilli schrieb am 20.12.2011, 10:26 Uhr[/url]"].... dann brauchen wir keine einsame insel. haben wir innerhalb weniger minuten

greenhorn schrieb am 20.12.2011, 10:12 Uhr[/url]"]diese Sponsoridee habe ich ja schon öfter hier lanciert.........allein die Herren zierten sich
Sonne,Warm und ne guten Tropfen........das wäre was
am Strand etwas die Harfe zupfen.......

spiderwilli schrieb am 20.12.2011, 10:04 Uhr[/url]"]in diesem fall sollte sich einige finanzkräftige sponsoren finden lassen.
kleiner tripp nach südafrika, die haben jetzt sommer. außerdem sehr gute weingüter in der gegend von kapstadt
bin noch bis morgen in der firma. dann frei bis 9.1.

greenhorn schrieb am 20.12.2011, 09:55 Uhr[/url]"]
noch nicht, erst nach Weihnachten.............
wenn du es auf meine Beitragsdichte beziehst - im Moment steppt der Bär.........sehr viel Geschäft, wir merken nix von Kreditklemme

ach, übrigens - als Du neulich in Ägypten warst ging der Markt auch gut hoch - stell dir nun vor das wir gemeinsam im Urlaub sind............. Gold auf 1900 innerhalb von Stunden.....

spiderwilli schrieb am 20.12.2011, 09:50 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 09:17 Uhr[/url]"] Guten Morgen!

schon im urlaub ?

 

[spiderwilli]

greenhorn schrieb am 20.12.2011, 11:09 Uhr[/url]"]aber die frauen schicken wir shoppen!
und wir schauen uns mal den südafrikanischen Goldbergbau aus der Nähe an.............

die frauen lassen wir zuhause

 

[greenhorn]

achso.........

spiderwilli schrieb am 20.12.2011, 11:17 Uhr[/url]"]

greenhorn schrieb am 20.12.2011, 11:09 Uhr[/url]"]aber die frauen schicken wir shoppen!
und wir schauen uns mal den südafrikanischen Goldbergbau aus der Nähe an.............

die frauen lassen wir zuhause