Rohstoffthread / CCG-Hauptthread

[Sltrader]

Hab mir bei SBGL ne kleinigkeit zu 7,40 eingelegt

Sltrader schrieb am 09.12.2016, 10:14 Uhr[/url]"]:D

SIBANYE ANNOUNCES PROPOSED ACQUISITION OF STILLWATER MINING COMPANY

Creating superior value for all stakeholders
Westonaria, 9 December 2016: Sibanye Gold Limited (Sibanye) is pleased to announce it has reached a definitive agreement to acquire Stillwater Mining Company (Stillwater, NYSE: SWC) for US$18 per share in cash, or US$2.2 billion in aggregate (approximately R30 billion). The consideration represents a premium of 23% to Stillwater’s prior day closing share price, and 20% to Stillwater’s 20-day volume-weighted average closing share price.
Stillwater Mining Company, a leading palladium and platinum producer located in Montana and headquartered in Colorado, USA, is a Tier One producer of platinum group metals (PGMs). Stillwater currently comprises two underground PGM mines (the Stillwater Mine and the East Boulder Mine), the Blitz organic growth Project and the Columbus Metallurgical Complex.
Commenting on the announcement, Neal Froneman, CEO of Sibanye said: “The Transaction is consistent with Sibanye’s strategy of creating superior value for all of our stakeholders by enhancing the cash flow generation through value accretive growth, which underpins our strategy of paying sustainable, industry-leading dividends. The Transaction represents a transformational opportunity for Sibanye to acquire high-quality, low-cost, PGM assets at a favourable point in the cycle.”
Strategically the Transaction is compelling in that it expands Sibanye’s PGM portfolio with high-grade reserves that currently support over 25 years of mine life, and also provide near term, organic, low-cost growth through the Blitz Project. Furthermore, the extensive strike length of the mineralised orebody, suggests that there may be further upside potential.
Sillwater’s Columbus metallurgical processing complex will provide Sibanye with a “mine-to-market” PGM business and the sizeable recycling operation provides a steady margin and strategic market insight.
The Transaction also positions Sibanye shareholders for a potential re-rating. Following a thorough due diligence on Stillwater, Sibanye management considers the Transaction to be value accretive. In addition, the transaction will position Sibanye’s Platinum Division further down the global cost curve, with the potential of further cost reductions, thus enhancing the Group’s cash flow generation and improving its access to lower-cost global financing.
Mick McMullen, CEO of Stillwater said: “The Board of Directors of Stillwater has approved the Transaction and recommends that stockholders of Stillwater vote in favor of it. The Transaction allows our stockholders to realise immediate value and also positions our operations and employees as part of a preeminent global precious metals company. Sibanye has complementary values to Stillwater, and we are confident that Sibanye will continue to be a world-class steward of our operations and partner to our local communities in Montana.”
The implementation of the Transaction is subject to Stillwater and Sibanye shareholder approval as well as applicable regulatory approvals in the U.S. and South Africa. Sibanye’s two largest shareholders, Gold One International Ltd. and the PIC, which in aggregate represent 29% of Sibanye’s issued share capital, have indicated their support for the Transaction.
Sibanye will fund the transaction through a US$2.7 billion bridge loan commitment. The Transaction is expected to close in the second quarter of 2017. Post-closing of the Transaction, Sibanye will raise new debt and equity through a rights issue, with the objective of maintaining its dividend policy and preserving its long-term financial flexibility.
Froneman concluded: “This Transaction balances Sibanye’s portfolio operationally and geographically with the addition of a world-class operation in an attractive mining jurisdiction. We have been most impressed with the workforce at Stillwater, and look forward to the opportunity of working with them. We believe that our two organisations have a strong cultural fit, with mutual priorities of employee health and safety, the environment and the communities in which we operate.”
ENDS
There will be at 10h00 (CAT) a live presentation/ webcast and at 16h00 (CAT) an international analyst call. Information can be found at:
https://www.sibanyegold.co.za/investors/transactions/stillwater-acquisition
Contact
Investors
James Wellsted
SVP Investor Relations
Sibanye Gold

 

[Cadrach]

Sehe ich auch so. Wobei ich versuchen würde weiter unten zuzukaufen

greenhorn schrieb am 09.12.2016, 10:02 Uhr[/url]"]NMX - kann das Kursverhalten auch nicht deuten, aber wenn ich mich an den harten Fakten orientiere tendiere ich auf alle Fälle zum weiter halten und zukaufen bei Schwäche wie jetzt

marcovich schrieb am 08.12.2016, 18:11 Uhr[/url]"]Top? dachte ich auch, seitdem aber 10% runter

dukezero schrieb am 08.12.2016, 16:10 Uhr[/url]"]

marcovich schrieb am 08.12.2016, 15:59 Uhr[/url]"]NMX die letzten Wochen ja sackschwach. Woran liegts? Charttechnik?
wenn News, dann waren sie an sich doch eher positiv?

habe hier noch 1/3 im Mischkurs 1,05 .. überlege wieder aufzustocken, da
Volumen auch ziemlich low in der Abwärtsbewegung ..

Ideen oder Infos in der Runde?

Top!!

December 6, 2016
Nemaska Lithium Added to Solactive Global Lithium Index and Global X Lithium ETF
QUEBEC, QUEBEC--(Marketwired - Dec. 6, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX:NMX) (OTCQX:NMKEF) is pleased to announce that it has been included in the Solactive Global Lithium Index which is tracked by the Global X Lithium ETF. The Solactive Global Lithium Index tracks the performance of the largest and most liquid listed companies active in exploration and/or mining of lithium or the production of lithium batteries. The index is calculated as a total return index in USD and is readjusted once a year. Global X Funds is a New York-based provider of exchange-traded funds. The Global X Lithium ETF invests in the full lithium cycle, from mining and refining the metal, through battery production and gives investors access to the complete lithium value chain. For more information on the Global X Lithium Fund please visit https://www.globalxfunds.com/funds/lit/.

Nemaska Lithium's President and CEO Guy Bourassa commented "I am very pleased that the Corporation was added to the Solactive Global Lithium Index and thereby the Global X Lithium ETF. When our annual production of 28,000t of lithium carbonate equivalent (LCE) begins to come on stream in 2018, Nemaska Lithium will be amongst a small and select group of companies globally that will supply lithium salts to the rapidly growing lithium ion battery market. Inclusion in the ETF ranks us with other major lithium producers and is indicative of our status as an active company in the lithium sector."

 

[greenhorn]

December 08, 2016 17:45 ET
Lucara's Karowe Mine Exceeds $1.0 Billion in Sales
http://www.marketwired.com/press-re...ceeds-10-billion-in-sales-tsx-luc-2182060.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 8, 2016) - Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) is pleased to announce that following the close of the fourth Regular Tender of 2016, the Company exceeded $1.0 billion in accumulated sales since the start of production in June 2012.

Quarterly Revenue Highlights

The Q4 2016 revenue, inclusive of the second Exceptional Stone Tender held in November, is $66.1 million at an average of $743 per carat.

Year End Revenue Highlights

Total revenue for the year end, inclusive of the Constellation Diamond sale, is estimated to be $295 million at an average of $823 per carat. Revenue excluding the sale of the Constellation Diamond is estimated at $232 million at an average of $649 per carat.

The Company sold 14 exceptional stone at over $2 million per stone (including 4 stone at over $10 million per stone). Additionally, the Company sold 20 exceptional stones between $1 - $2 million per stone.

The Karowe Mine, to date, has yielded 1.8 million carats generating revenue of $1.02 billion at an average price of $566 per carat.

 

[greenhorn]

December 09, 2016 07:00 ET
Gran Colombia Gold Provides Update on Production and 2020 Debenture Repurchase
http://www.marketwired.com/press-re...2020-debenture-repurchase-tsx-gcm-2182104.htm

TORONTO, ON--(Marketwired - December 09, 2016) - Gran Colombia Gold Corp. (TSX: GCM) announced today that it produced a total of 12,973 ounces of gold in November 2016 bringing the eleven months' total production to 134,893 ounces of gold, up 28% over the same period last year. The Company expects that its total gold production for 2016 will reach the upper half of its latest guidance for the full year of 144,000 to 150,000 ounces.

At the Segovia Operations, November's gold production of 10,870 ounces reflected improved head grades in material from the Company-operated area within the Providencia mine where development activity has reached an expected high grade section of the resource. This brings the year-to-date total gold production at Segovia to 113,479 ounces, up 35% from the same period last year and for the full year, the Company continues to expect that Segovia's gold production will reach the upper end of its latest guidance of 120,000 to 126,000 ounces.

At the Marmato Operations, head grades and mill recovery showed some improvement compared with results in previous months and the mine produced 2,103 ounces in November, bringing the year-to-date total gold production to 21,415 ounces, on par with the same period last year. The mine is expected to produce close to 24,000 ounces again this year.

2020 Debenture Repurchase and Cancellation

On December 6, 2016, the Company used the approximately $1.1 million balance of funds available in the sinking fund for the 2020 Debentures to complete a block purchase under its normal course issuer bid of $1,290,000 aggregate principal amount of 2020 Debentures for cancellation. As of today's date, the aggregate principal amounts of the 2018 and 2020 Debentures issued and outstanding are $49.7 million and $101.2 million, respectively.

greenhorn schrieb am 15.11.2016, 12:45 Uhr[/url]"]GCM - mal ne Kleinigkeit Long, wenn es so weitergeht sind sie auf einem guten Weg! Schulden werden nach und nach getilgt, Produktion aktuell gesteigert und die Kosten sind absolut im Griff. braucht sicher etwas Geduld

November 14, 2016 18:26 ET
Gran Colombia Gold Announces Third Quarter and First Nine Months 2016 Results; Expecting Over 144,000 Ounces of Annual Gold Production for 2016 at an AISC Below $850 per Ounce

TORONTO, ON--(Marketwired - November 14, 2016) - Gran Colombia Gold Corp. (TSX: GCM) announced today the release of its unaudited condensed consolidated financial statements and accompanying management's discussion and analysis (MD&A) for the three and nine months ended September 30, 2016. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted.

Third Quarter and First Nine Months 2016 Highlights

Gran Colombia's adjusted EBITDA increased to $19.7 million in the third quarter of 2016 bringing the total adjusted EBITDA for the first nine months of 2016 to $49.6 million, a 74% increase over the same period last year. See the Company's MD&A for the computation of this non-IFRS measure. The increased adjusted EBITDA in the third quarter of 2016 led to improved operating cash flow which in turn enabled the Company to continue to take further steps to reduce overdue local financial obligations for amounts owing to suppliers, equity and wealth taxes. The Company also received $4.0 million of overdue VAT refunds in October 2016 that will applied to reduce liabilities within its working capital deficit in the fourth quarter of 2016.
Gold production in the third quarter of 2016 totalled 39,111 ounces, up 14% from the third quarter of 2015, bringing the total for the first nine months of 2016 to 108,829 ounces, a 25% improvement over the first nine months last year led by strong performance at its Segovia Operations. With another 13,088 ounces produced in October, the Company is increasing its annual production guidance for 2016 to a total of 144,000 to 150,000 ounces of gold.
A total of $17.2 million aggregate principal amount of 2018 Debentures (TSX: GCM.DB.U) were converted by holders in the third quarter of 2016 into 132.1 million common shares. In addition, Gran Colombia repurchased and cancelled $0.8 million aggregate principal amount of 2018 Debentures and $0.8 million aggregate principal amount of 2020 Debentures (TSX: GCM.DB.V) under the Normal Course Issuer Bids ("NCIBs") launched on July 21, 2016. To date, debt conversions and repurchases under the NCIBs have reduced the aggregate principal amount of Gran Colombia's senior debt by approximately 18%. The Company currently has 277,727,323 common shares issued and outstanding. Aggregate principal amounts of the 2018 and 2020 Debentures issued and outstanding are $49.7 million and $102.5 million, respectively. The NCIBs are being funded by excess cash flow being deposited into sinking funds for the Senior Debentures. There is currently a balance of $1.1 million in the sinking funds.
Revenue of $51.2 million in the third quarter of 2016, up 30% over the third quarter last year, reflects the stronger spot gold prices in the third quarter of 2016 and the increased gold production this year that contributed to a 10% increase in gold ounces sold. This brings total revenue for the first nine months of 2016 to $133.7 million, up 32% over the first nine months last year.
Gran Colombia's total cash costs and all-in sustaining costs ("AISC") increased to $728 per ounce and $884 per ounce, respectively, in the third quarter of 2016. The third quarter 2016 total cash costs reflected the impact on cash costs of the civil strike at Segovia in September, additional charges related to previous reductions in Segovia's workforce and the adverse impact of lower production at Marmato on its cash cost on a per ounce basis in the current quarter. The third quarter 2016 AISC included an expected increase in capital expenditures associated with the exploration, development and mechanization programs at the Segovia Operations. With total cash costs and AISC averaging $699 per ounce and $832 per ounce, respectively, for the first nine months of 2016, the Company has narrowed its guidance for the 2016 annual averages for total cash costs to a range from $700 to $720 per ounce and for AISC to a range from $825 to $850 per ounce. See the Company's MD&A for the computation of these non-IFRS measures.
The net income attributable to shareholders was $8.1 million, or $0.03 per share, for the third quarter of 2016 compared with $6.7 million, or $0.28 per share, in the third quarter of 2015. For the first nine months of 2016, net income attributable to shareholders amounted to $19.0 million, or $0.12 per share, compared with $6.4 million, or $0.27 per share, in the first nine months last year.
Adjusted net income attributable to shareholders was $8.1 million, or $0.03 per share, in the third quarter of 2016 compared with $2.0 million, or $0.08 per share, in the third quarter of last year. For the first nine months of 2016, adjusted net income attributable to shareholders was $12.2 million, or $0.08 per share, compared with $1.8 million, or $0.08 per share, in the first nine months last year. See the Company's MD&A for the computation of this non-IFRS measure. The increase in adjusted EBITDA, net of an increase in income taxes, in 2016 was the primary driver behind the improved adjusted net income results this year.

Lombardo Paredes Arenas, Chief Executive Officer of Gran Colombia, commenting on the Company's results for the first nine months of 2016, said, "With another quarter of solid operating results, we have been able to firm up our guidance for the full year. We now expect to produce over 144,000 ounces of gold in 2016, a 23% increase over last year. We also expect that our annual AISC for 2016 will be below $850 per ounce compared with $863 per ounce in 2015. The increased level of operating cash flow we are generating is continuing to be dedicated toward improving our balance sheet through reductions in our working capital deficit and to buy back our senior debt through the NCIBs."

 

[Sltrader]

AEM der arme der 800 Stück zu 59,23 gekauft hat

 

[Rooky]

Ich wars nicht, ich kenne die noch nicht mal

Sltrader schrieb am 09.12.2016, 13:08 Uhr[/url]"]AEM der arme der 800 Stück zu 59,23 gekauft hat

 

[greenhorn]

LUC - Lucara und andere Diamantenproduzenten

Edelsteine Nachfrage nach Diamanten steigt wieder

Nach einem schlechten Jahr 2015 ist die Nachfrage nach Diamanten im laufenden Jahr wieder deutlich gestiegen. Vor allem längerfristig sind die Auguren freundlich gestimmt.
09.12.2016, von Martin Hock

http://www.faz.net/aktuell/finanzen...ge-nach-diamanten-steigt-wieder-14566698.html

 

[greenhorn]

läuft....SL bei 3,25....

greenhorn schrieb am 23.11.2016, 12:17 Uhr[/url]"]S9A gestern Q3-Zahlen, abgesehen von der Abschreibung sind die besser als prognostiziert

SDRL - Seadrill Limited Announces Third Quarter 2016 Results
http://hugin.info/135817/R/2058454/771519.pdf
http://www.seadrill.com/investor-re...uginonline.com/S/135817/PR/201611/2058454.xml
Highlights

Revenue of $743 million

Operating income of $247 million

EBITDA of $441 million

95% economic utilization

Reported Net Loss of $656 million and diluted loss per share of $1.29, reflecting an $882 million non-cash impairment to investments primarily relating to Seadrill Partners.

Underlying Net Income , excluding non-recurring items and non-cash mark to market movements on derivatives,was $135 million and earnings per share was $0.28.

Cash and cash equivalents of $1.3 billion

Seadrill Limited orderbacklog of approximately $3.0 billion

Commenting today, Per Wullf, CEO and President of Seadrill Management Ltd., said: "The offshore drilling market continues to be challenging however we are seeing an improvement in the level of bidding activity. Most of the new work is for short term contracts at or near cash flow breakeven levels, and 2017 is expected to remain challenging. However, we expect the market to gradually improve as costs have been reset across the value chain and more drilling activity will be needed to avoid accelerated production declines."
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Seadrill Fleet Status 3Q 2016

Seadrill 3Q 2016

greenhorn schrieb am 16.11.2016, 09:22 Uhr[/url]"]S9A hat ein Kaufsignal im Chart und Öl spilt auch gerade mit

greenhorn schrieb am 29.09.2016, 15:07 Uhr[/url]"]so einen Schortsqueeze wie im März erwarte ich nun nicht gleich, aber eine Erholung bis 3,60 USD für´s Erste könnte gut gehen

Sltrader schrieb am 28.09.2016, 21:42 Uhr[/url]"]akt bei 2,29 +19 % nahe TH

» zur Grafik

Sltrader schrieb am 28.09.2016, 20:33 Uhr[/url]"]up durch die Decke + 15%

Sltrader schrieb am 19.09.2016, 14:30 Uhr[/url]"]denke ich auch, selbst wenn man die Einmaleffekte aus dem letzten Quartal rausrechnet ist der Kapitaldienst der Schulden gedeckt. Problem ist nur bei auslaufenden Mietverträgen, adäquaten Anschlussverträge zu finden....

Bezüglich der Refinanzierung bei gleichbleibenden Eträgen sehe ich aufgrund der Assets eigentlich auch keine großen Problem....

Leider sieht der Markt das nicht ganz so

Sollte die Refinanzierung frühzeitig gemeldet werden dürfte der kurs ab durch die Decke gehen...

greenhorn schrieb am 19.09.2016, 14:19 Uhr[/url]"]S9A SDRL- hängt sicher an der Entwicklung des Ölpreises, aber da es von heute auf Morgen nicht ohne geht, und Seadrill einer der ganz Großen Anbieter ist wird auch weiterhin Bedarf sein und gewartet werden müssen.
eigentlich sollte die Refinanzierung nicht das Problem sein, auch wenn man sieht wie sich der Cahsbestand entwickelt......Schuldenstand unter 10 Mrd$

Sltrader schrieb am 16.09.2016, 20:51 Uhr[/url]"]So hab mir das mal genauer angesehen:

Schulden ca. 10 MRD fällig in den nächsten 4 Jahren ca. 2,5 Mrd/Jahr

Problem sind wohl die Refinanzierungen, da

bei sinkenden/tiefen öl-Preisen die Nachfrage nach Mietobjekten nachlässt....
Ohne Mieterträge sind die akt. guten zahlen leider nichts mehr wert...

Sollte die Refinanzieren nicht glücken -----> besteht Insogefahr

Sltrader schrieb am 16.09.2016, 17:35 Uhr[/url]"]hab mir auch mal zu 2,20 USD welche ins Langfristdepot gelegt

Sltrader schrieb am 16.09.2016, 17:28 Uhr[/url]"]Zahlen finde ich eigentlich gut, aber warum so ein Absturz und das als Zulieferer

greenhorn schrieb am 16.09.2016, 17:20 Uhr[/url]"]mal eine Posi zu 1,96 Long

greenhorn schrieb am 16.09.2016, 11:33 Uhr[/url]"]S9A SDRL - Seadrill

jemand von Euch ne Meinung oder von irgendwo her Infos?
machen auch in der aktuellen Situation Gewinn, die Aussichten sind natürlich massiv gekürzt, aber Schuldenabbau etc. läuft ganz gut

 

[Cadrach]

Wenn Gold Richtung 1150$ geht würde vielleicht endlich mal Bewegung reinkommen Dieses hin und her Geschiebe ist doch langsam lästig.

 

[Sltrader]

ich für meinen Teil kaufe akt. immer mal wieder NUGT oder JNUG,
ingesamt finde ich akt die Werte (die Großen relativ stabil), lediglich die Afrikanischen Werte leiden aufgrund unsicherheiten überdurchschnittlich

Cadrach schrieb am 09.12.2016, 16:28 Uhr[/url]"]Wenn Gold Richtung 1150$ geht würde vielleicht endlich mal Bewegung reinkommen Dieses hin und her Geschiebe ist doch langsam lästig.

 

[marcovich]

Sehr guter Artikel China scheint Erfolge zu haben gegen REE Schmuggel und umweltschädigende REE Minen ...

December 9, 2016 3:00 pm JST
China crackdown could curb rare earths outflow
Japan businesses, burned by high prices in past, on alert for supply crunch

A rare-earth metal mine in China.
TOKYO -- The Chinese government has stepped up enforcement of environmental rules at rare-earth metal plants, as well as illegal mining and smuggling of the key industrial materials.

Japanese users are feeling nervous about possible fallout, with memories still fresh of the hardship they encountered when Beijing abruptly halted rare-earths exports to Japan in 2010.

Tightening grip
"Some rare-earth metals are still mostly produced in China. Their prices will swing wildly depending on what happens there," an executive at a Japanese magnet maker said.

Dysprosium, a rare-earth metal that is used in high-performance magnets to boost heat resistance, now changes hands at less than a tenth of what it fetched during its peak in 2011. Many market players believe that the price is bottoming out and will start to climb because the Chinese government began making serious efforts into reducing rare earths supplies and exports.

Beijing carried out a series of spot inspections on environmental measures at factories over a month or so last summer. Teams of experts from the capital tested wastewater and examined pollution-reduction measures at rare-earths smelting and separation plants. Operations at facilities that did not meet standards were suspended.

Those inspections covered a total of eight provinces and regions, such as Inner Mongolia, Heilongjiang and Jiangsu.

"It appears that inspectors have found lots of regulation violations all over the place," said Yoshikazu Watanabe, president of Tsukushi Shigen Consul, a natural resources consultancy. "Some people were even arrested, apparently," Watanabe said.

...
http://asia.nikkei.com/Markets/Commodities/China-crackdown-could-curb-rare-earths-outflow/

marcovich schrieb am 09.12.2016, 00:32 Uhr[/url]"]ziert sich noch, aber ich bin hier aufgrund der internen wirtschaftlichen wie auch globalen politischen Entwicklungen sehr positiv gestimmt, über der 0,07Aud kommt Schwung rein .. Meine Vermutung

marcovich schrieb am 25.11.2016, 14:09 Uhr[/url]"]Servus.

Aktuell 0,068 AUD bei deutlich mehr Volumen, müsste mal die 0,07 AUD überspringen, dann wäre auch technisch Luft ..

Schönes Wochenende.

marcovich schrieb am 11.11.2016, 11:04 Uhr[/url]"]Bin hier zu 0,062 eingestoppt worden. Größere Position.
Zusätzliche Fantasie: mit Trump wird China bei den ganzen angedrohten "Strafzöllen" vielleicht den Export von REEs neu valuieren. Das "Öl" des 21. Jahrhunderts könnte wieder neu diskutiert werden. Mal schauen.

marcovich schrieb am 07.11.2016, 11:32 Uhr[/url]"]Guten Morgen.

Mir gefällt Lynas ganz gut, über der 6c (AUD) ganz schick und mit den letzten News, hinsichtlich der laufenden Zinsreduzierungen und Aufschiebungen, Einsparung von ~ 70 Mio auf die nächsten 4 Jahre, und weiterer Produktionsausweitung, damit Reduzierung der Kosten .. könnte mal wieder gut sein, für einen Run Richtung 9-10c.

» zur Grafik

greenhorn schrieb am 07.11.2016, 09:14 Uhr[/url]"] Guten Morgen!

 

[greenhorn]

wünsche Euch Allen einen schönen und gesegneten 3.Advent!

 

[Sltrader]

Raus zu 7,30 und damit ab ins wocheende

Sltrader schrieb am 09.12.2016, 10:29 Uhr[/url]"]Hab mir bei SBGL ne kleinigkeit zu 7,40 eingelegt

Sltrader schrieb am 09.12.2016, 10:14 Uhr[/url]"]:D

SIBANYE ANNOUNCES PROPOSED ACQUISITION OF STILLWATER MINING COMPANY

Creating superior value for all stakeholders
Westonaria, 9 December 2016: Sibanye Gold Limited (Sibanye) is pleased to announce it has reached a definitive agreement to acquire Stillwater Mining Company (Stillwater, NYSE: SWC) for US$18 per share in cash, or US$2.2 billion in aggregate (approximately R30 billion). The consideration represents a premium of 23% to Stillwater’s prior day closing share price, and 20% to Stillwater’s 20-day volume-weighted average closing share price.
Stillwater Mining Company, a leading palladium and platinum producer located in Montana and headquartered in Colorado, USA, is a Tier One producer of platinum group metals (PGMs). Stillwater currently comprises two underground PGM mines (the Stillwater Mine and the East Boulder Mine), the Blitz organic growth Project and the Columbus Metallurgical Complex.
Commenting on the announcement, Neal Froneman, CEO of Sibanye said: “The Transaction is consistent with Sibanye’s strategy of creating superior value for all of our stakeholders by enhancing the cash flow generation through value accretive growth, which underpins our strategy of paying sustainable, industry-leading dividends. The Transaction represents a transformational opportunity for Sibanye to acquire high-quality, low-cost, PGM assets at a favourable point in the cycle.”
Strategically the Transaction is compelling in that it expands Sibanye’s PGM portfolio with high-grade reserves that currently support over 25 years of mine life, and also provide near term, organic, low-cost growth through the Blitz Project. Furthermore, the extensive strike length of the mineralised orebody, suggests that there may be further upside potential.
Sillwater’s Columbus metallurgical processing complex will provide Sibanye with a “mine-to-market” PGM business and the sizeable recycling operation provides a steady margin and strategic market insight.
The Transaction also positions Sibanye shareholders for a potential re-rating. Following a thorough due diligence on Stillwater, Sibanye management considers the Transaction to be value accretive. In addition, the transaction will position Sibanye’s Platinum Division further down the global cost curve, with the potential of further cost reductions, thus enhancing the Group’s cash flow generation and improving its access to lower-cost global financing.
Mick McMullen, CEO of Stillwater said: “The Board of Directors of Stillwater has approved the Transaction and recommends that stockholders of Stillwater vote in favor of it. The Transaction allows our stockholders to realise immediate value and also positions our operations and employees as part of a preeminent global precious metals company. Sibanye has complementary values to Stillwater, and we are confident that Sibanye will continue to be a world-class steward of our operations and partner to our local communities in Montana.”
The implementation of the Transaction is subject to Stillwater and Sibanye shareholder approval as well as applicable regulatory approvals in the U.S. and South Africa. Sibanye’s two largest shareholders, Gold One International Ltd. and the PIC, which in aggregate represent 29% of Sibanye’s issued share capital, have indicated their support for the Transaction.
Sibanye will fund the transaction through a US$2.7 billion bridge loan commitment. The Transaction is expected to close in the second quarter of 2017. Post-closing of the Transaction, Sibanye will raise new debt and equity through a rights issue, with the objective of maintaining its dividend policy and preserving its long-term financial flexibility.
Froneman concluded: “This Transaction balances Sibanye’s portfolio operationally and geographically with the addition of a world-class operation in an attractive mining jurisdiction. We have been most impressed with the workforce at Stillwater, and look forward to the opportunity of working with them. We believe that our two organisations have a strong cultural fit, with mutual priorities of employee health and safety, the environment and the communities in which we operate.”
ENDS
There will be at 10h00 (CAT) a live presentation/ webcast and at 16h00 (CAT) an international analyst call. Information can be found at:
https://www.sibanyegold.co.za/investors/transactions/stillwater-acquisition
Contact
Investors
James Wellsted
SVP Investor Relations
Sibanye Gold

 

[The Bull]

Amy stark heute

Bbi auch recht gut

Nty im Tiefflug

 

[Fischlaender]

PEX wird zum Zink Drillplay!

http://www.marketwired.com/press-release/pacific-ridge-announces-the-commencement-of-drilling-at-the-tl-zinc-project-tsx-venture-pex-2182198.htm

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

SL auf 3,75

greenhorn schrieb am 09.12.2016, 16:15 Uhr[/url]"]läuft....SL bei 3,25....

greenhorn schrieb am 23.11.2016, 12:17 Uhr[/url]"]S9A gestern Q3-Zahlen, abgesehen von der Abschreibung sind die besser als prognostiziert

SDRL - Seadrill Limited Announces Third Quarter 2016 Results
http://hugin.info/135817/R/2058454/771519.pdf
http://www.seadrill.com/investor-re...uginonline.com/S/135817/PR/201611/2058454.xml
Highlights

Revenue of $743 million

Operating income of $247 million

EBITDA of $441 million

95% economic utilization

Reported Net Loss of $656 million and diluted loss per share of $1.29, reflecting an $882 million non-cash impairment to investments primarily relating to Seadrill Partners.

Underlying Net Income , excluding non-recurring items and non-cash mark to market movements on derivatives,was $135 million and earnings per share was $0.28.

Cash and cash equivalents of $1.3 billion

Seadrill Limited orderbacklog of approximately $3.0 billion

Commenting today, Per Wullf, CEO and President of Seadrill Management Ltd., said: "The offshore drilling market continues to be challenging however we are seeing an improvement in the level of bidding activity. Most of the new work is for short term contracts at or near cash flow breakeven levels, and 2017 is expected to remain challenging. However, we expect the market to gradually improve as costs have been reset across the value chain and more drilling activity will be needed to avoid accelerated production declines."
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Seadrill Fleet Status 3Q 2016

Seadrill 3Q 2016

greenhorn schrieb am 16.11.2016, 09:22 Uhr[/url]"]S9A hat ein Kaufsignal im Chart und Öl spilt auch gerade mit

greenhorn schrieb am 29.09.2016, 15:07 Uhr[/url]"]so einen Schortsqueeze wie im März erwarte ich nun nicht gleich, aber eine Erholung bis 3,60 USD für´s Erste könnte gut gehen

Sltrader schrieb am 28.09.2016, 21:42 Uhr[/url]"]akt bei 2,29 +19 % nahe TH

» zur Grafik

Sltrader schrieb am 28.09.2016, 20:33 Uhr[/url]"]up durch die Decke + 15%

Sltrader schrieb am 19.09.2016, 14:30 Uhr[/url]"]denke ich auch, selbst wenn man die Einmaleffekte aus dem letzten Quartal rausrechnet ist der Kapitaldienst der Schulden gedeckt. Problem ist nur bei auslaufenden Mietverträgen, adäquaten Anschlussverträge zu finden....

Bezüglich der Refinanzierung bei gleichbleibenden Eträgen sehe ich aufgrund der Assets eigentlich auch keine großen Problem....

Leider sieht der Markt das nicht ganz so

Sollte die Refinanzierung frühzeitig gemeldet werden dürfte der kurs ab durch die Decke gehen...

greenhorn schrieb am 19.09.2016, 14:19 Uhr[/url]"]S9A SDRL- hängt sicher an der Entwicklung des Ölpreises, aber da es von heute auf Morgen nicht ohne geht, und Seadrill einer der ganz Großen Anbieter ist wird auch weiterhin Bedarf sein und gewartet werden müssen.
eigentlich sollte die Refinanzierung nicht das Problem sein, auch wenn man sieht wie sich der Cahsbestand entwickelt......Schuldenstand unter 10 Mrd$

Sltrader schrieb am 16.09.2016, 20:51 Uhr[/url]"]So hab mir das mal genauer angesehen:

Schulden ca. 10 MRD fällig in den nächsten 4 Jahren ca. 2,5 Mrd/Jahr

Problem sind wohl die Refinanzierungen, da

bei sinkenden/tiefen öl-Preisen die Nachfrage nach Mietobjekten nachlässt....
Ohne Mieterträge sind die akt. guten zahlen leider nichts mehr wert...

Sollte die Refinanzieren nicht glücken -----> besteht Insogefahr

Sltrader schrieb am 16.09.2016, 17:35 Uhr[/url]"]hab mir auch mal zu 2,20 USD welche ins Langfristdepot gelegt

Sltrader schrieb am 16.09.2016, 17:28 Uhr[/url]"]Zahlen finde ich eigentlich gut, aber warum so ein Absturz und das als Zulieferer

greenhorn schrieb am 16.09.2016, 17:20 Uhr[/url]"]mal eine Posi zu 1,96 Long

greenhorn schrieb am 16.09.2016, 11:33 Uhr[/url]"]S9A SDRL - Seadrill

jemand von Euch ne Meinung oder von irgendwo her Infos?
machen auch in der aktuellen Situation Gewinn, die Aussichten sind natürlich massiv gekürzt, aber Schuldenabbau etc. läuft ganz gut

 

[greenhorn]

RSI nu im überkauftem Bereich...........und ein hässliches GAP bei 11,70 CAD gerissen........

greenhorn schrieb am 01.12.2016, 15:25 Uhr[/url]"]sollte der Ölpreis sich oberhalb von 50$ festsetzten gibt es natürlich auch Phantasie das die Dividende steigt........immerhin erst im letzten Jahr von 0,08 CAD/Monat halbiert

greenhorn schrieb am 01.12.2016, 09:52 Uhr[/url]"] Hammer, gestern +13,2% auf 13,34 CAD

greenhorn schrieb am 30.11.2016, 15:42 Uhr[/url]"]FRU - Freehold

Globe says new coverage rates Freehold Royalties "buy"

2016-11-30 07:18 ET - In the News

The Globe and Mail reports in its Wednesday edition that Acumen Capital analyst Trevor Reynolds says the current price for shares of Freehold Royalties is a "reasonably strong" entry point for investors. The Globe's David Leeder writes that Mr. Reynolds began new coverage with a "buy" rating. He set a share price target of $16.15. Analysts on average target the shares at $15.56. Mr. Reynolds says in a note: "FRU is an O&G royalty company with an emphasis on the maximization of distributable income, while striving to achieve long-term growth per share. The royalty model provides strong margins based on modest capital requirements, and returns which are not burdened by operating costs and crown royalties. FRU maintains a conservative balance sheet with a focus on an effective, strong audit process. Growth is driven by acquisitions, free drilling, and the creation of royalties and lease outs. FRU has a strong track record of growing production and royalty exposure through acquisitions, a trend that has continued in the current market environment. Over $30 per share has been paid out since the IPO, while the management team has been proactive in adjusting payout levels to remain 100-per-cent sustainable."

© 2016 Canjex Publishing Ltd. All rights reserved.

 

[dukezero]

Arbeitet am neuen Kaufsignal! BBI

 

[greenhorn]

PZE - trotzdem nun mal eine kleine Posi zu Long zu 4,85 Euro, Ölpreis spielt ja mit, eventuell geht was
Kaufsignal auch im Chart, noch etwas zaghaft.....

Kostolanys Erbe schrieb am 01.12.2016, 11:53 Uhr[/url]"]
Letzte Quartal - Riesenverlust -


Muss mir aber den Bericht erstmal genauer lesen. Leider noch nicht geschafft aus Zeitmangel


http://www.investidorpetrobras.com.br/es/resultados-financieros/holding



https://s3.amazonaws.com/files.investidorpetrobras.com.br/Apresentacao-Webcast-3T16-Português.pdf?response-content-disposition=attachment%3B%20filename%3D%22Apresentacao-Webcast-3T16-Português.pdf%22&response-content-type=application%2Foctet-stream&AWSAccessKeyId=AKIAJJLQG5Z3ZS5XQYNA&Expires=1480675716&Signature=MWIJv1ytZz%2F5Dt2SLY8P8mmpezM%3D

greenhorn schrieb am 01.12.2016, 09:54 Uhr[/url]"]gestern trotz Sprung beim Ölpreis nochmal runter.......RSI bei 13
hat jemand Hintergründe?

greenhorn schrieb am 29.11.2016, 09:22 Uhr[/url]"] trifftige Gründe vorhanden?

Kostolanys Erbe schrieb am 28.11.2016, 23:56 Uhr[/url]"]WL PZE:

» zur Grafik

 

[greenhorn]

Verkauf zu 4,20 , da entspräche einem Kurs von ca. 4,44 USD; nach SK 3,81 doch etwas großes GAP

greenhorn schrieb am 12.12.2016, 08:45 Uhr[/url]"] SL auf 3,75

greenhorn schrieb am 09.12.2016, 16:15 Uhr[/url]"]läuft....SL bei 3,25....

greenhorn schrieb am 23.11.2016, 12:17 Uhr[/url]"]S9A gestern Q3-Zahlen, abgesehen von der Abschreibung sind die besser als prognostiziert

SDRL - Seadrill Limited Announces Third Quarter 2016 Results
http://hugin.info/135817/R/2058454/771519.pdf
http://www.seadrill.com/investor-re...uginonline.com/S/135817/PR/201611/2058454.xml
Highlights

Revenue of $743 million

Operating income of $247 million

EBITDA of $441 million

95% economic utilization

Reported Net Loss of $656 million and diluted loss per share of $1.29, reflecting an $882 million non-cash impairment to investments primarily relating to Seadrill Partners.

Underlying Net Income , excluding non-recurring items and non-cash mark to market movements on derivatives,was $135 million and earnings per share was $0.28.

Cash and cash equivalents of $1.3 billion

Seadrill Limited orderbacklog of approximately $3.0 billion

Commenting today, Per Wullf, CEO and President of Seadrill Management Ltd., said: "The offshore drilling market continues to be challenging however we are seeing an improvement in the level of bidding activity. Most of the new work is for short term contracts at or near cash flow breakeven levels, and 2017 is expected to remain challenging. However, we expect the market to gradually improve as costs have been reset across the value chain and more drilling activity will be needed to avoid accelerated production declines."
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Seadrill Fleet Status 3Q 2016

Seadrill 3Q 2016

greenhorn schrieb am 16.11.2016, 09:22 Uhr[/url]"]S9A hat ein Kaufsignal im Chart und Öl spilt auch gerade mit

greenhorn schrieb am 29.09.2016, 15:07 Uhr[/url]"]so einen Schortsqueeze wie im März erwarte ich nun nicht gleich, aber eine Erholung bis 3,60 USD für´s Erste könnte gut gehen

Sltrader schrieb am 28.09.2016, 21:42 Uhr[/url]"]akt bei 2,29 +19 % nahe TH

» zur Grafik

Sltrader schrieb am 28.09.2016, 20:33 Uhr[/url]"]up durch die Decke + 15%

Sltrader schrieb am 19.09.2016, 14:30 Uhr[/url]"]denke ich auch, selbst wenn man die Einmaleffekte aus dem letzten Quartal rausrechnet ist der Kapitaldienst der Schulden gedeckt. Problem ist nur bei auslaufenden Mietverträgen, adäquaten Anschlussverträge zu finden....

Bezüglich der Refinanzierung bei gleichbleibenden Eträgen sehe ich aufgrund der Assets eigentlich auch keine großen Problem....

Leider sieht der Markt das nicht ganz so

Sollte die Refinanzierung frühzeitig gemeldet werden dürfte der kurs ab durch die Decke gehen...

greenhorn schrieb am 19.09.2016, 14:19 Uhr[/url]"]S9A SDRL- hängt sicher an der Entwicklung des Ölpreises, aber da es von heute auf Morgen nicht ohne geht, und Seadrill einer der ganz Großen Anbieter ist wird auch weiterhin Bedarf sein und gewartet werden müssen.
eigentlich sollte die Refinanzierung nicht das Problem sein, auch wenn man sieht wie sich der Cahsbestand entwickelt......Schuldenstand unter 10 Mrd$

Sltrader schrieb am 16.09.2016, 20:51 Uhr[/url]"]So hab mir das mal genauer angesehen:

Schulden ca. 10 MRD fällig in den nächsten 4 Jahren ca. 2,5 Mrd/Jahr

Problem sind wohl die Refinanzierungen, da

bei sinkenden/tiefen öl-Preisen die Nachfrage nach Mietobjekten nachlässt....
Ohne Mieterträge sind die akt. guten zahlen leider nichts mehr wert...

Sollte die Refinanzieren nicht glücken -----> besteht Insogefahr

Sltrader schrieb am 16.09.2016, 17:35 Uhr[/url]"]hab mir auch mal zu 2,20 USD welche ins Langfristdepot gelegt

Sltrader schrieb am 16.09.2016, 17:28 Uhr[/url]"]Zahlen finde ich eigentlich gut, aber warum so ein Absturz und das als Zulieferer

greenhorn schrieb am 16.09.2016, 17:20 Uhr[/url]"]mal eine Posi zu 1,96 Long

greenhorn schrieb am 16.09.2016, 11:33 Uhr[/url]"]S9A SDRL - Seadrill

jemand von Euch ne Meinung oder von irgendwo her Infos?
machen auch in der aktuellen Situation Gewinn, die Aussichten sind natürlich massiv gekürzt, aber Schuldenabbau etc. läuft ganz gut

 

[dukezero]

http://www.marketwired.com/press-release/neo-lithium-discovers-significant-extension-high-grade-northern-target-3q-project-tsx-venture-nlc-2182367.htm

Neo Lithium !!!!

 

[dukezero]

dukezero schrieb am 12.12.2016, 09:36 Uhr[/url]"]Arbeitet am neuen Kaufsignal! BBI

» zur Grafik

Orderbuch!! Super!

 

[greenhorn]

SLW - Silver Wheaton mal Kleinigkeit via D Long um 17,75 Euro

 

[marcovich]

stark!

dukezero schrieb am 12.12.2016, 14:21 Uhr[/url]"]

dukezero schrieb am 12.12.2016, 09:36 Uhr[/url]"]Arbeitet am neuen Kaufsignal! BBI

» zur Grafik

Orderbuch!! Super!

 

[marcovich]

heute mal mit Lebenszeichen?!

Cadrach schrieb am 09.12.2016, 10:41 Uhr[/url]"]Sehe ich auch so. Wobei ich versuchen würde weiter unten zuzukaufen

greenhorn schrieb am 09.12.2016, 10:02 Uhr[/url]"]NMX - kann das Kursverhalten auch nicht deuten, aber wenn ich mich an den harten Fakten orientiere tendiere ich auf alle Fälle zum weiter halten und zukaufen bei Schwäche wie jetzt

marcovich schrieb am 08.12.2016, 18:11 Uhr[/url]"]Top? dachte ich auch, seitdem aber 10% runter

dukezero schrieb am 08.12.2016, 16:10 Uhr[/url]"]

marcovich schrieb am 08.12.2016, 15:59 Uhr[/url]"]NMX die letzten Wochen ja sackschwach. Woran liegts? Charttechnik?
wenn News, dann waren sie an sich doch eher positiv?

habe hier noch 1/3 im Mischkurs 1,05 .. überlege wieder aufzustocken, da
Volumen auch ziemlich low in der Abwärtsbewegung ..

Ideen oder Infos in der Runde?

Top!!

December 6, 2016
Nemaska Lithium Added to Solactive Global Lithium Index and Global X Lithium ETF
QUEBEC, QUEBEC--(Marketwired - Dec. 6, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX:NMX) (OTCQX:NMKEF) is pleased to announce that it has been included in the Solactive Global Lithium Index which is tracked by the Global X Lithium ETF. The Solactive Global Lithium Index tracks the performance of the largest and most liquid listed companies active in exploration and/or mining of lithium or the production of lithium batteries. The index is calculated as a total return index in USD and is readjusted once a year. Global X Funds is a New York-based provider of exchange-traded funds. The Global X Lithium ETF invests in the full lithium cycle, from mining and refining the metal, through battery production and gives investors access to the complete lithium value chain. For more information on the Global X Lithium Fund please visit https://www.globalxfunds.com/funds/lit/.

Nemaska Lithium's President and CEO Guy Bourassa commented "I am very pleased that the Corporation was added to the Solactive Global Lithium Index and thereby the Global X Lithium ETF. When our annual production of 28,000t of lithium carbonate equivalent (LCE) begins to come on stream in 2018, Nemaska Lithium will be amongst a small and select group of companies globally that will supply lithium salts to the rapidly growing lithium ion battery market. Inclusion in the ETF ranks us with other major lithium producers and is indicative of our status as an active company in the lithium sector."

 

[The Bull]

jetzt muss wohl nur noch die 0.60 fallen

marcovich schrieb am 12.12.2016, 17:00 Uhr[/url]"]stark!

dukezero schrieb am 12.12.2016, 14:21 Uhr[/url]"]

dukezero schrieb am 12.12.2016, 09:36 Uhr[/url]"]Arbeitet am neuen Kaufsignal! BBI

» zur Grafik

Orderbuch!! Super!

 

[dukezero]

NMX Kaufsignal ahoi! Nächster Halt 1,36 Cad!

 

[Rooky]

Rooky schrieb am 29.11.2016, 21:46 Uhr[/url]"]Oceanus Resources

Gute Liegenschaften in Mexico, Open Pit, sollte in der nächsten zeit Newsflow anstehen
ca. 3.000.0000 Warrants laufen im Dezember aus, allerdings zu 0,30 CAD.
2016-07-06 The offering consists of 21,739,130 units at the price of 23 cents per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at the exercise price of 39 cents per share during a period of 24 months following the closing date.

Offering price: 23 cents per unit
Warrant exercise price: 39 cents per common share during a period of 24 months

Oceanus Resources Corp. has closed the non-brokered private placement announced on Sept. 8, 2016, and has raised $1.75-million through the issuance of seven million common shares at a price of 25 cents per share.

http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2016/09/16/oceanus-resources-corporation/play/stream/20180

http://www.be24.at/blog/entry/708567/oceanus-resources-ein-goldexplorer-mit-potentiellen-weltklassevorkommen/fullstory/

18.10.2016 OCEANUS INTERSECTS 95.6 METERS OF 1.35 G/T GOLD EQUIVALENT CONSISTING OF 1.17 G/T GOLD AND 13.2 G/T SILVER AT ITS EL TIGRE PROPERTY IN SONORA, MEXICO

As of September 30, 2016

Issued # shares 125,120,273
Stock options 9,210,000
Warrants 32,256,750
Broker units (equivalent shares) 2,250,000
Fully diluted # shares 168,837,023

November Präsentation
http://www.oceanusresources.ca/i/pdf/Presentation-Nov2016.pdf

June 2016: $5.75M bought deal with Cantor Fitzgerald
Sept 2016: $1.75M private placement
$5.5M in treasury

Resources Estimate Q1 2017

 

[marcovich]

heute auch mit update.

Nemaska Lithium Provides Progress Report on Mine Site and Phase 1 Plant

Marketwired MarketwiredDecember 12, 2016Comment
QUEBEC, QUEBEC--(Marketwired - Dec 12, 2016) -

Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (NMX.TO)(NMKEF) is pleased to provide an update on the advancement of its Phase 1 Plant as well as the construction and site preparation of the Whabouchi Mine, both located in Quebec, Canada.

Phase 1 Plant

The Phase 1 Plant is on schedule and on budget. To date, 20 technical operators have been hired and training is underway on the operations of the Phase 1 Plant. These highly skilled technicians have educational backgrounds in mechanical, chemical and electrical disciplines as well as a range of technical work experience including chemical plant start-up.

Once in operation, Nemaska Lithium expects to run the Phase 1 Plant on a 24 hour/7 day a week schedule starting in Q1 2017 at a production rate of 435 tons per year lithium carbonate equivalent (LCE). The first shipment of lithium hydroxide produced from Johnson Matthey Battery Materials (JMBM) lithium sulphate is expected Q1 2017. Commercial sized representative samples of lithium hydroxide produced from Whabouchi Mine concentrate are expected to ship to JMBM and other customers in Q2 2017 for qualification purposes.

Whabouchi Mine Site

Bulk Sample and Modular DMS Mill

Construction of the dense media separation (DMS) modular mill designed to produce a 6% Li2O DMS concentrate is on schedule. Equipment installation is being finalized and commissioning will follow. Twelve DMS plant operators have been hired and training is commencing in December. Blasting of the 60,000t mine representative bulk sample has commenced and will be processed through the modular mill. In addition, Nemaska Lithium intends to produce a 6% Li2O concentrate using flotation circuit with a contractor located in the province of Quebec. Both concentrates will be shipped to Shawinigan where Nemaska Lithium intends to process them into battery grade lithium hydroxide and lithium carbonate for customer evaluation and qualification.

Whabouchi Mine Infrastructure Construction

Construction of the main mine building continues and is scheduled to be fully enclosed in the near future allowing for on-going construction of the facility throughout the 2016-2017 winter.

"We are advancing the project on all fronts and I am very pleased with our progress to date," commented Guy Bourassa, President and CEO of Nemaska Lithium. "We expect to be producing a 6% Li2O concentrate and processing it into battery grade lithium salts next year, which is approximately 18 months ahead of our planned commercial production. This will enable us to actively engage customers and demonstrate the quality of our products while we are still building our commercial facilities. As per our last Feasibility Study, we are projecting to be a low cost producer of lithium salts and we are on the cusp of demonstrating product quality and economics. I expect 2017 to be a year of meeting many milestones."

Feasibility Update and NI 43-101 Compliant Resource Estimate Update

Nemaska Lithium recently announced the results of its updated NI43-101 compliant resource estimate on the Whabouchi deposit (December 1, 2016 press release) which included the results from the recently completed drill campaign. This resource estimate saw the Measured and Indicated open pit resource increase to 36.620 Mt at an average grade of 1.48% Li2O. DRA Global/Met-Chem has been mandated to update the reserves of the Whabouchi mine in a new Feasibility Study due in January 2017.

dukezero schrieb am 12.12.2016, 17:45 Uhr[/url]"]NMX Kaufsignal ahoi! Nächster Halt 1,36 Cad!

» zur Grafik