Moly Mines Limited reported on its activities for the December 2012 quarter. Key highlights included:
1) 261,893 wet metric tonnes of iron ore were shipped and sold in the quarter, up 44.7% from the previous quarter.
2) Gross sales revenue for the quarter was $23.4 million, up 58% from the previous quarter.
3) Cash on hand as of the end of the quarter was $41.1 million, down from $54.5 million due to revenue from December shipments being received in January 2013.
Lake Shore Gold Corp reported strong second quarter 2012 results, including gold production of 24,426 ounces at cash costs of $849 per ounce. They have funded their development plans through the end of 2012 with $140.8 million in sources of cash, including operating cash flow of an estimated $37.5 million in the second half of 2012. Lake Shore Gold executed effectively in the first half of 2012, meeting or exceeding production targets and advancing their development program on schedule.
- Primero Mining Corp. released its first quarter 2012 report which included condensed consolidated interim financial statements and management's discussion and analysis.
- Production increased compared to Q1 2011 with gold and silver production of 22,588 ounces and 1.32 million ounces respectively.
- Net income was $18.6 million compared to a net loss in Q1 2011, driven by higher production and metal prices.
- The company changed the reserve and resource estimation methodology used at its San Dimas mine, resulting in a reduction in reserves and resources.
China Gold International Corporate Presentation June 19JenniferLChinaGold
China Gold International Resources Corp. reported strong first quarter 2013 results and is expanding production at its mines in China. The company operates the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Polymetallic Mine in Tibet. At CSH, expansion is underway to increase processing capacity from 30,000 tonnes per day to 60,000 tonnes per day by 2013, which will boost annual gold production to around 260,000 ounces by 2015. Construction of the CSH expansion is progressing well and is on schedule to be completed in late 2013.
- Claude Resources completed an extension of the shaft at its Seabee Gold Mine from 600 metres to 980 metres depth, allowing production from deeper deposits.
- Exploration drilling discovered extensions of the Santoy Gap and Santoy 8 deposits with high-grade intercepts up to 330 grams/tonne gold over 1.55 metres.
- The company secured $50 million in debt financing to support its growth plans going forward.
- The company reported its 2018 Q3 results with increases in revenue, copper production and cash flow compared to Q3 2017. Revenue increased 61% to $158.8 million while copper production from the Jiama mine increased significantly to 36.4 million pounds.
- Net cash from operating activities was $53.56 million for the quarter. However, the company reported a net loss of $4.59 million mainly due to a foreign exchange loss of $11 million.
- Production highlights included a 156% increase in copper production from the Jiama mine and commercial production being achieved ahead of schedule at the Jiama mine's phase II expansion.
KGHM International reported financial and operational results for Q4 2013 and full year 2013. Key highlights included:
- Adjusted EBITDA decreased year-over-year for both Q4 and full year due to lower metal prices and production volumes.
- Copper and nickel production volumes decreased in 2013 compared to 2012 mainly due to the conclusion of mining at Podolsky mine.
- C1 cash costs per pound of copper decreased by 12% for the full year due to lower mining costs and improved mill performance.
- The Sierra Gorda copper project in Chile remained on schedule for mid-2014 commissioning with over 80% construction completed.
- The Victoria copper-nickel-precious metals
The document is the 2011 annual report of Claude Resources Inc. It discusses the company's financial and operating highlights for 2011, including a net profit of $9.5 million and cash flow from operations of $22.2 million. Exploration efforts increased the inferred resource base at the Seabee Gold Operation by 236%. Goals for 2012 include further expanding resources through exploration, improving operating margins at Seabee, and maintaining a strong balance sheet.
Royal Dutch Shell reported third quarter 2008 earnings of $10.9 billion, up 71% from the prior year quarter. Exploration & Production earnings were $5.5 billion, up 65% due to higher oil and gas prices partly offset by lower production volumes. Production was down 7% to 2.85 million barrels of oil equivalent per day due to hurricane impacts in the Gulf of Mexico and maintenance turnarounds in the North Sea. The company also acquired Duvernay Oil Corp, a Canadian tight gas company, for $5.5 billion during the quarter.
Lake Shore Gold Corp reported strong second quarter 2012 results, including gold production of 24,426 ounces at cash costs of $849 per ounce. They have funded their development plans through the end of 2012 with $140.8 million in sources of cash, including operating cash flow of an estimated $37.5 million in the second half of 2012. Lake Shore Gold executed effectively in the first half of 2012, meeting or exceeding production targets and advancing their development program on schedule.
- Primero Mining Corp. released its first quarter 2012 report which included condensed consolidated interim financial statements and management's discussion and analysis.
- Production increased compared to Q1 2011 with gold and silver production of 22,588 ounces and 1.32 million ounces respectively.
- Net income was $18.6 million compared to a net loss in Q1 2011, driven by higher production and metal prices.
- The company changed the reserve and resource estimation methodology used at its San Dimas mine, resulting in a reduction in reserves and resources.
China Gold International Corporate Presentation June 19JenniferLChinaGold
China Gold International Resources Corp. reported strong first quarter 2013 results and is expanding production at its mines in China. The company operates the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Polymetallic Mine in Tibet. At CSH, expansion is underway to increase processing capacity from 30,000 tonnes per day to 60,000 tonnes per day by 2013, which will boost annual gold production to around 260,000 ounces by 2015. Construction of the CSH expansion is progressing well and is on schedule to be completed in late 2013.
- Claude Resources completed an extension of the shaft at its Seabee Gold Mine from 600 metres to 980 metres depth, allowing production from deeper deposits.
- Exploration drilling discovered extensions of the Santoy Gap and Santoy 8 deposits with high-grade intercepts up to 330 grams/tonne gold over 1.55 metres.
- The company secured $50 million in debt financing to support its growth plans going forward.
- The company reported its 2018 Q3 results with increases in revenue, copper production and cash flow compared to Q3 2017. Revenue increased 61% to $158.8 million while copper production from the Jiama mine increased significantly to 36.4 million pounds.
- Net cash from operating activities was $53.56 million for the quarter. However, the company reported a net loss of $4.59 million mainly due to a foreign exchange loss of $11 million.
- Production highlights included a 156% increase in copper production from the Jiama mine and commercial production being achieved ahead of schedule at the Jiama mine's phase II expansion.
KGHM International reported financial and operational results for Q4 2013 and full year 2013. Key highlights included:
- Adjusted EBITDA decreased year-over-year for both Q4 and full year due to lower metal prices and production volumes.
- Copper and nickel production volumes decreased in 2013 compared to 2012 mainly due to the conclusion of mining at Podolsky mine.
- C1 cash costs per pound of copper decreased by 12% for the full year due to lower mining costs and improved mill performance.
- The Sierra Gorda copper project in Chile remained on schedule for mid-2014 commissioning with over 80% construction completed.
- The Victoria copper-nickel-precious metals
The document is the 2011 annual report of Claude Resources Inc. It discusses the company's financial and operating highlights for 2011, including a net profit of $9.5 million and cash flow from operations of $22.2 million. Exploration efforts increased the inferred resource base at the Seabee Gold Operation by 236%. Goals for 2012 include further expanding resources through exploration, improving operating margins at Seabee, and maintaining a strong balance sheet.
Royal Dutch Shell reported third quarter 2008 earnings of $10.9 billion, up 71% from the prior year quarter. Exploration & Production earnings were $5.5 billion, up 65% due to higher oil and gas prices partly offset by lower production volumes. Production was down 7% to 2.85 million barrels of oil equivalent per day due to hurricane impacts in the Gulf of Mexico and maintenance turnarounds in the North Sea. The company also acquired Duvernay Oil Corp, a Canadian tight gas company, for $5.5 billion during the quarter.
- The company reported strong financial and production results for Q2 2018, with revenues increasing 45% and copper production from Jiama Mine significantly increasing.
- Key highlights included the Jiama Mine's Series II expansion achieving commercial production ahead of schedule and net cash flow from operations increasing approximately 9 times compared to Q2 2017.
- The company reaffirmed its full-year production and cost guidance and expects copper and gold production in the second half of 2018 to exceed guidance.
Lucapa Diamond Company Ltd is acquiring a 70% interest in the advanced Mothae Kimberlite Project in Lesotho for $9 million. Mothae is located near the high-value Letšeng mine and has historically produced large, high-quality diamonds from bulk sampling. Lucapa plans a staged development starting with a $12 million phase 1 to modify the existing plant and mine over 2 million tonnes in the first 3 years. The acquisition diversifies Lucapa's production and is expected to be value accretive based on a preliminary assessment.
The presentation summarizes Sage Gold's plans to develop the near-term production potential of its Clavos gold deposit in Timmins, Ontario through 2023. Key points include:
1) Sage Gold aims to begin initial production at Clavos in 2013 to generate cash flow, utilizing existing infrastructure from a partnership with St. Andrew Goldfields.
2) A new NI 43-101 resource estimate and preliminary economic assessment is planned for Q4 2012 to advance the project.
3) The deposit remains open along strike and at depth, representing potential to significantly increase resources through further drilling.
4) Strategic partnerships provide low-cost access to mining and milling facilities near the project.
This document provides an overview of the Copper Flat Project owned by THEMAC Resources Group. It summarizes key project details including the well-defined copper reserve of 125 million tons at 0.4% copper equivalent, expected strong and constant production profile of 35,000 tons per year of copper equivalent, and low operating costs of $1.42 per pound of copper which places it near the first quartile of the global cost curve. It also notes the project's low capital intensity of $11,500 per annual ton of capacity due to $65 million in existing infrastructure from previous operations. Permitting for the project is well advanced and expected to be completed in 2015 to allow for commissioning in late 2016.
Statoil reports financial results for Q4 2010 and full year 2010. Net operating income for Q4 was NOK 42.8 billion, up 28% from Q4 2009. For the full year, net operating income was NOK 137.2 billion, up 13% from 2009. Production volumes were below expectations due to maintenance issues. The company expects production growth of 3% per year from 2010-2012 but production may be flat in 2011. Statoil is involved in projects that could add 200,000 barrels of oil equivalent per day by 2012 and expects 40 more projects approved in the next two years.
Globex Mining Enterprises Inc. owns mineral exploration and mining properties in North America, principally in Quebec, Ontario, and Nova Scotia. It focuses on precious metals, base metals, specialty metals and minerals, as well as royalties and options. Globex has a dominant land position in the Chibougamau mining camp of Quebec with seven former copper-gold mines and exploration targets. It also owns properties with potential for magnesia and talc production to supply the refractory and polymer markets in North America. In addition, Globex has developed a hydrometallurgical precious metals recovery technology to potentially reprocess gold and silver tailings or produce from refractory deposits.
Teekay is a leading global marine energy transportation and offshore production company. In 2012, Teekay employed approximately 6,500 people worldwide, including 5,600 seafarers. Teekay is committed to the health and safety of its employees, achieving a total recordable case frequency of 2.45 in 2012. Teekay also provides training and development programs to support employees and create a learning culture.
- Claude Resources met its 2012 gold production guidance of 49,570 ounces from its Seabee Gold Operation in northern Saskatchewan.
- Significant infrastructure expansion took place at the Seabee Operation, including mill upgrades, camp expansion, and completion of a shaft extension project.
- Exploration success was seen at the Santoy Gap and Madsen projects, with resource expansions and positive drill results reported.
Symposium resources roadshow mutiny gold john greeveSymposium
Mutiny Gold Limited is a gold and copper mining company with its flagship Deflector Deposit located in Western Australia. The company's objective is to be a mid-tier gold-copper producer. Recent highlights include a resource upgrade at Deflector to 3.4 million tonnes at 4.9 g/t gold and 0.85% copper containing 530,000 ounces of gold. Metallurgical test work shows improved recoveries for both gold and copper across the different ore types. The Definitive Feasibility Study for Deflector has been expanded based on ongoing drilling and is expected to be completed by June 2012.
The document discusses Erdene Resource Development Corporation, a diversified resource company focused on exploration and development in Mongolia. It provides an overview of Erdene's coal, copper, and molybdenum projects in Mongolia, including its alliance with Xstrata on coal exploration and its flagship Zuun Mod molybdenum-copper project. It notes that Zuun Mod has over 400 million pounds of molybdenum and copper in resources and is well positioned to supply growing demand in China and Asia.
The document is a newsletter from Terra Studio providing a summary of developments in base and precious metals markets. It discusses China's plans to establish a yuan gold price benchmark as a step to increase Asia's influence over gold pricing. It also summarizes news about production volumes for copper, gold and other metals, as well as financing deals and acquisitions in the mining industry. The newsletter is presented in good faith but readers are advised to seek their own professional investment advice.
- The document summarizes news from the Business Council of Mongolia newsletter, covering business, economic, and political news in Mongolia.
- In business news, precious metals production is helping offset costs at the Oyu Tolgoi mine, Rio Tinto increased its stake in Ivanhoe Mines, and Voyager Resources discovered a new copper intersection. Aspire Mining received a positive report on its Ovoot coal mine's product quality. Petro Matad shifted drilling operations due to technical difficulties. Prophecy Coal signed coal sales agreements.
- Economic news included Mongolia excelling in 2011 and consumption and mining spurring economic growth.
- In politics, employees may strike at Erdenes T
Miranda Gold Corp is a prospect generator exploring for gold discoveries in Colombia. It has seven projects in Colombia, including its flagship Cauca project which has an inferred resource of 700,000 ounces of gold equivalent. Miranda is targeting a doubling of the resource grade at Cauca by better defining high-grade epithermal vein zones that are likely under sampled by existing drilling. It also has two joint venture projects, Antares with IAMGOLD and Lyra with Newmont, that show potential for large gold discoveries similar to known deposits in the areas. Miranda is aiming to unlock the full discovery potential of its projects through continued exploration.
Champion Minerals Corporate Presentation December 20, 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore project in Canada's principal iron ore district, the Labrador Trough. The flagship Fire Lake North project currently has over 2.2 billion tonnes of iron ore resources and a PEA indicates it can produce up to 10 million tonnes of concentrate annually. Champion Minerals has an experienced management team with over 200 years of combined experience in exploration and mining operations. The company is well positioned to capitalize on growing global steel demand and infrastructure investments in the established Labrador Trough iron ore district.
Power breakfast presentation (edama) 4 12 2012EDAMA
This document discusses Shell's focus on innovation and delivering value through technology investments. It defines key terms and notes forward-looking statements are subject to risks. Shell spends over $1 billion annually on R&D, pioneering major projects to unlock challenging resources like oil sands, LNG, deepwater assets, and developing technologies for heavy oil, shale, arctic regions, and carbon capture. Examples provided include developing in situ conversion processes to unlock Jordan's significant shallow oil shale reserves while minimizing environmental impact. The path to commercializing new technologies involves exploration, appraisal, piloting projects, and final investment decisions.
Kirkland Lake Gold is a Canadian gold mining company with operations in Ontario. It owns five former producing high-grade gold mines with a historical production of over 22 million ounces of gold at an average grade of 0.44 ounces per ton. The company recently appointed Eric Sprott as Chairman and completed a $30 million bought deal financing to strengthen its balance sheet and fund operations. Kirkland Lake is focused on improving production by increasing mining grades and reducing costs under a new mine plan. It is targeting annual production of 140,000-155,000 ounces in 2015 at an average grade of 0.37 ounces per ton and cash costs below $800 per ounce.
Champion Minerals Corporate Presentation November 21, 2011shosein2011
- Champion Minerals is developing the Fire Lake North iron ore project in Quebec, Canada which has over 2.2 billion tonnes of iron ore resources.
- A preliminary economic assessment indicates the project could produce 8.7 million tonnes of concentrate annually for 25 years with an internal rate of return of 41.5% and payback period of 2.3 years.
- The mineralization consists of coarse-grained specular hematite that is amenable to simple crushing and gravity separation without the need for fine grinding or magnetic separation.
Graphite-is-black-gold-of-the-21st-century-industrial-alliance-securitiesChristopher R Anderson
GreenLight Resources has two Graphite projects one a past producer, both are located in Atlantic Canada. Both projects have potential for large flake graphite, and the company is advancing its workprograms on these properties.
Symposium resources roadshow white rock minerals geoff loweSymposium
White Rock Minerals Ltd is an Australian mining company focused on developing its Mt Carrington gold and silver project located in New South Wales, Australia. The project contains a February 2012 resource estimate of 284,000 ounces of gold and 23.3 million ounces of silver. White Rock has $4.5 million in cash and no debt as of December 31, 2011. Managing Director Geoff Lowe presented details on the project's history, resources, exploration potential, and plans for 2012.
Gary Billingsley, Executive Chairman of Great Western Minerals Group, discussed the company's integrated approach to rare earth production from its Steenkampskraal mine in South Africa. The presentation highlighted GWMG's plans to build mixed chloride and separation plants near the mine to process rare earth ore into individual rare earth oxides. It also noted progress made in 2011 to refurbish the Steenkampskraal mine site and exploration work confirming the high-grade resource.
This document provides an overview of Inovio Pharmaceuticals' DNA vaccine technology and development programs. Key points:
- Inovio is developing DNA vaccines that use electroporation to deliver DNA plasmids encoding disease antigens to cells, stimulating antibody and T-cell immune responses.
- Their lead program is a therapeutic HPV vaccine (VGX-3100) in Phase II testing for cervical dysplasia. Efficacy data is expected in mid-2014.
- Inovio's technology is aimed at revolutionizing vaccines by producing ones that are synthetic rather than weakened viruses, can target multiple strains, and stimulate both preventive and therapeutic immune responses.
- They have a pipeline of
Palfinger AG presented results for the first half of 2013, highlighting international growth despite economic uncertainty in Europe. Revenue increased 2.2% to EUR 475.1 million driven by gains in non-European markets offsetting declines in Europe. EBIT rose 5.2% to EUR 39.1 million through increased contributions from international business units and acquisitions. Strategic priorities include expanding in growth markets like China and South America, developing the marine and offshore business, and increasing flexibility to adapt to changing conditions.
- The company reported strong financial and production results for Q2 2018, with revenues increasing 45% and copper production from Jiama Mine significantly increasing.
- Key highlights included the Jiama Mine's Series II expansion achieving commercial production ahead of schedule and net cash flow from operations increasing approximately 9 times compared to Q2 2017.
- The company reaffirmed its full-year production and cost guidance and expects copper and gold production in the second half of 2018 to exceed guidance.
Lucapa Diamond Company Ltd is acquiring a 70% interest in the advanced Mothae Kimberlite Project in Lesotho for $9 million. Mothae is located near the high-value Letšeng mine and has historically produced large, high-quality diamonds from bulk sampling. Lucapa plans a staged development starting with a $12 million phase 1 to modify the existing plant and mine over 2 million tonnes in the first 3 years. The acquisition diversifies Lucapa's production and is expected to be value accretive based on a preliminary assessment.
The presentation summarizes Sage Gold's plans to develop the near-term production potential of its Clavos gold deposit in Timmins, Ontario through 2023. Key points include:
1) Sage Gold aims to begin initial production at Clavos in 2013 to generate cash flow, utilizing existing infrastructure from a partnership with St. Andrew Goldfields.
2) A new NI 43-101 resource estimate and preliminary economic assessment is planned for Q4 2012 to advance the project.
3) The deposit remains open along strike and at depth, representing potential to significantly increase resources through further drilling.
4) Strategic partnerships provide low-cost access to mining and milling facilities near the project.
This document provides an overview of the Copper Flat Project owned by THEMAC Resources Group. It summarizes key project details including the well-defined copper reserve of 125 million tons at 0.4% copper equivalent, expected strong and constant production profile of 35,000 tons per year of copper equivalent, and low operating costs of $1.42 per pound of copper which places it near the first quartile of the global cost curve. It also notes the project's low capital intensity of $11,500 per annual ton of capacity due to $65 million in existing infrastructure from previous operations. Permitting for the project is well advanced and expected to be completed in 2015 to allow for commissioning in late 2016.
Statoil reports financial results for Q4 2010 and full year 2010. Net operating income for Q4 was NOK 42.8 billion, up 28% from Q4 2009. For the full year, net operating income was NOK 137.2 billion, up 13% from 2009. Production volumes were below expectations due to maintenance issues. The company expects production growth of 3% per year from 2010-2012 but production may be flat in 2011. Statoil is involved in projects that could add 200,000 barrels of oil equivalent per day by 2012 and expects 40 more projects approved in the next two years.
Globex Mining Enterprises Inc. owns mineral exploration and mining properties in North America, principally in Quebec, Ontario, and Nova Scotia. It focuses on precious metals, base metals, specialty metals and minerals, as well as royalties and options. Globex has a dominant land position in the Chibougamau mining camp of Quebec with seven former copper-gold mines and exploration targets. It also owns properties with potential for magnesia and talc production to supply the refractory and polymer markets in North America. In addition, Globex has developed a hydrometallurgical precious metals recovery technology to potentially reprocess gold and silver tailings or produce from refractory deposits.
Teekay is a leading global marine energy transportation and offshore production company. In 2012, Teekay employed approximately 6,500 people worldwide, including 5,600 seafarers. Teekay is committed to the health and safety of its employees, achieving a total recordable case frequency of 2.45 in 2012. Teekay also provides training and development programs to support employees and create a learning culture.
- Claude Resources met its 2012 gold production guidance of 49,570 ounces from its Seabee Gold Operation in northern Saskatchewan.
- Significant infrastructure expansion took place at the Seabee Operation, including mill upgrades, camp expansion, and completion of a shaft extension project.
- Exploration success was seen at the Santoy Gap and Madsen projects, with resource expansions and positive drill results reported.
Symposium resources roadshow mutiny gold john greeveSymposium
Mutiny Gold Limited is a gold and copper mining company with its flagship Deflector Deposit located in Western Australia. The company's objective is to be a mid-tier gold-copper producer. Recent highlights include a resource upgrade at Deflector to 3.4 million tonnes at 4.9 g/t gold and 0.85% copper containing 530,000 ounces of gold. Metallurgical test work shows improved recoveries for both gold and copper across the different ore types. The Definitive Feasibility Study for Deflector has been expanded based on ongoing drilling and is expected to be completed by June 2012.
The document discusses Erdene Resource Development Corporation, a diversified resource company focused on exploration and development in Mongolia. It provides an overview of Erdene's coal, copper, and molybdenum projects in Mongolia, including its alliance with Xstrata on coal exploration and its flagship Zuun Mod molybdenum-copper project. It notes that Zuun Mod has over 400 million pounds of molybdenum and copper in resources and is well positioned to supply growing demand in China and Asia.
The document is a newsletter from Terra Studio providing a summary of developments in base and precious metals markets. It discusses China's plans to establish a yuan gold price benchmark as a step to increase Asia's influence over gold pricing. It also summarizes news about production volumes for copper, gold and other metals, as well as financing deals and acquisitions in the mining industry. The newsletter is presented in good faith but readers are advised to seek their own professional investment advice.
- The document summarizes news from the Business Council of Mongolia newsletter, covering business, economic, and political news in Mongolia.
- In business news, precious metals production is helping offset costs at the Oyu Tolgoi mine, Rio Tinto increased its stake in Ivanhoe Mines, and Voyager Resources discovered a new copper intersection. Aspire Mining received a positive report on its Ovoot coal mine's product quality. Petro Matad shifted drilling operations due to technical difficulties. Prophecy Coal signed coal sales agreements.
- Economic news included Mongolia excelling in 2011 and consumption and mining spurring economic growth.
- In politics, employees may strike at Erdenes T
Miranda Gold Corp is a prospect generator exploring for gold discoveries in Colombia. It has seven projects in Colombia, including its flagship Cauca project which has an inferred resource of 700,000 ounces of gold equivalent. Miranda is targeting a doubling of the resource grade at Cauca by better defining high-grade epithermal vein zones that are likely under sampled by existing drilling. It also has two joint venture projects, Antares with IAMGOLD and Lyra with Newmont, that show potential for large gold discoveries similar to known deposits in the areas. Miranda is aiming to unlock the full discovery potential of its projects through continued exploration.
Champion Minerals Corporate Presentation December 20, 2011shosein2011
Champion Minerals Inc. is developing the Fire Lake North iron ore project in Canada's principal iron ore district, the Labrador Trough. The flagship Fire Lake North project currently has over 2.2 billion tonnes of iron ore resources and a PEA indicates it can produce up to 10 million tonnes of concentrate annually. Champion Minerals has an experienced management team with over 200 years of combined experience in exploration and mining operations. The company is well positioned to capitalize on growing global steel demand and infrastructure investments in the established Labrador Trough iron ore district.
Power breakfast presentation (edama) 4 12 2012EDAMA
This document discusses Shell's focus on innovation and delivering value through technology investments. It defines key terms and notes forward-looking statements are subject to risks. Shell spends over $1 billion annually on R&D, pioneering major projects to unlock challenging resources like oil sands, LNG, deepwater assets, and developing technologies for heavy oil, shale, arctic regions, and carbon capture. Examples provided include developing in situ conversion processes to unlock Jordan's significant shallow oil shale reserves while minimizing environmental impact. The path to commercializing new technologies involves exploration, appraisal, piloting projects, and final investment decisions.
Kirkland Lake Gold is a Canadian gold mining company with operations in Ontario. It owns five former producing high-grade gold mines with a historical production of over 22 million ounces of gold at an average grade of 0.44 ounces per ton. The company recently appointed Eric Sprott as Chairman and completed a $30 million bought deal financing to strengthen its balance sheet and fund operations. Kirkland Lake is focused on improving production by increasing mining grades and reducing costs under a new mine plan. It is targeting annual production of 140,000-155,000 ounces in 2015 at an average grade of 0.37 ounces per ton and cash costs below $800 per ounce.
Champion Minerals Corporate Presentation November 21, 2011shosein2011
- Champion Minerals is developing the Fire Lake North iron ore project in Quebec, Canada which has over 2.2 billion tonnes of iron ore resources.
- A preliminary economic assessment indicates the project could produce 8.7 million tonnes of concentrate annually for 25 years with an internal rate of return of 41.5% and payback period of 2.3 years.
- The mineralization consists of coarse-grained specular hematite that is amenable to simple crushing and gravity separation without the need for fine grinding or magnetic separation.
Graphite-is-black-gold-of-the-21st-century-industrial-alliance-securitiesChristopher R Anderson
GreenLight Resources has two Graphite projects one a past producer, both are located in Atlantic Canada. Both projects have potential for large flake graphite, and the company is advancing its workprograms on these properties.
Symposium resources roadshow white rock minerals geoff loweSymposium
White Rock Minerals Ltd is an Australian mining company focused on developing its Mt Carrington gold and silver project located in New South Wales, Australia. The project contains a February 2012 resource estimate of 284,000 ounces of gold and 23.3 million ounces of silver. White Rock has $4.5 million in cash and no debt as of December 31, 2011. Managing Director Geoff Lowe presented details on the project's history, resources, exploration potential, and plans for 2012.
Gary Billingsley, Executive Chairman of Great Western Minerals Group, discussed the company's integrated approach to rare earth production from its Steenkampskraal mine in South Africa. The presentation highlighted GWMG's plans to build mixed chloride and separation plants near the mine to process rare earth ore into individual rare earth oxides. It also noted progress made in 2011 to refurbish the Steenkampskraal mine site and exploration work confirming the high-grade resource.
This document provides an overview of Inovio Pharmaceuticals' DNA vaccine technology and development programs. Key points:
- Inovio is developing DNA vaccines that use electroporation to deliver DNA plasmids encoding disease antigens to cells, stimulating antibody and T-cell immune responses.
- Their lead program is a therapeutic HPV vaccine (VGX-3100) in Phase II testing for cervical dysplasia. Efficacy data is expected in mid-2014.
- Inovio's technology is aimed at revolutionizing vaccines by producing ones that are synthetic rather than weakened viruses, can target multiple strains, and stimulate both preventive and therapeutic immune responses.
- They have a pipeline of
Palfinger AG presented results for the first half of 2013, highlighting international growth despite economic uncertainty in Europe. Revenue increased 2.2% to EUR 475.1 million driven by gains in non-European markets offsetting declines in Europe. EBIT rose 5.2% to EUR 39.1 million through increased contributions from international business units and acquisitions. Strategic priorities include expanding in growth markets like China and South America, developing the marine and offshore business, and increasing flexibility to adapt to changing conditions.
This document contains estimates of advertising spending in Thailand for September 2008 compared to September 2007, including the top 10 brand groups, estimated spending by media, total year-to-date spending, and charts showing monthly and year-to-date ad spending trends. Key data points presented are estimated ad expenditures for various periods in 2008 versus the same periods in 2007.
The document discusses the causes of seasons and weather patterns around the world. It explains that the Earth's 23.5 degree tilt and revolution around the sun cause the seasons as different parts of the Earth experience more or less direct sunlight throughout the year. It also defines key weather terminology like climate, weather, precipitation types, and extreme weather events like hurricanes, tornadoes, blizzards, droughts, and floods. Seasons and weather are influenced by many atmospheric and environmental factors.
El documento describe el sistema reproductor masculino. Incluye tres partes principales: los testículos, que producen espermatozoides y testosterona; los conductos excretores, por los cuales viajan los espermatozoides desde los testículos al pene; y el pene. Los testículos contienen túbulos seminíferos que producen espermatozoides y células de Leydig que producen testosterona. Los espermatozoides viajan a través de una serie de conductos, incluidos los tubos rectos, la rete testis, los conductillos eferent
El documento resume la estructura y función del tejido muscular estriado voluntario. Describe que está compuesto de células musculares alargadas multinucleadas que se disponen en fascículos. Las células musculares contienen miofibrillas formadas por sarcómeros, los cuales contienen filamentos de actina y miosina que generan las bandas A y I durante la contracción muscular. El documento también explica la inervación de las células musculares a través de las placas motoras terminales y la liberación de acetilcolina para inducir
Tejido hematopoyético y sanguíneo. Sistema circulatorioTomás Calderón
La médula ósea es un tejido conectivo especializado que produce las células sanguíneas a través de un proceso llamado hematopoyesis. La hematopoyesis comienza con células madre pluripotenciales que se diferencian en células multipotenciales mieloides y linfoides, las cuales luego se dividen y diferencian en las diferentes líneas celulares de la sangre, incluyendo eritrocitos, leucocitos y trombocitos. Este proceso complejo ocurre en nidos dentro de la médula ósea y
Este documento resume las características del sistema tegumentario humano. Explica que está compuesto por la piel, pelos, glándulas y uñas. Describe las capas de la piel (epidermis, dermis e hipodermis), los tipos celulares de la epidermis, las glándulas sebáceas y sudoríparas, los folículos pilosos y las uñas. En resumen, provee una descripción general de la anatomía y función del sistema tegumentario.
El documento habla sobre la célula, sus componentes y reproducción. Describe las características de las células, incluyendo que están compuestas de una membrana, citoplasma y núcleo. Explica las diferentes partes de la célula eucariota como la matriz extracelular, membrana plasmática, citoplasma y organelas. También cubre el transporte a través de la membrana y la reproducción celular.
Este documento describe el sistema reproductor femenino, incluyendo los ovarios, las trompas de Falopio, el útero, la vagina y los genitales externos. Explica que estos órganos funcionan de manera cíclica, repitiendo cambios morfológicos y funcionales cada 28 días aproximadamente durante el ciclo menstrual. Además, describe en detalle la anatomía y función de cada uno de estos órganos y sus componentes.
Writing is Thinking. An all day session of suggestions for engaging all students as writers, K-8. Focus on pre-writing, oral language, working with image and pictures, descriptive feedback and criteria.
Utilize Apple's iBooks Author to create personalized learning content for your classroom and iTunes U Course Manager to share it with your learning community. Ideas for iOS apps to enhance the digital content will also be shared. Better yet, inspire and enable your students to do the digital authoring themselves!
Planning the Habitat
Students can research habitat needs of local wildlife and make recommendations for habitat elements. They
can also conduct surveys of teachers and students to find out what types of features would be most useful.
Building and Planting
Students can help with construction of habitat elements like birdhouses, feeders, and signs under supervision.
They can also help with planting of native plants and maintenance of habitat areas.
Monitoring and Evaluation
Students can help monitor use of the habitat by wildlife over time and note any changes. They can also help
evaluate the habitat's effectiveness as an outdoor classroom by surveying teachers and students.
Publicity and Fundraising
Students can help publicize the habitat project through posters
El documento trata sobre la reflexión y refracción de la luz. Explica que el ángulo de incidencia es igual al ángulo de reflexión y que los rayos incidente, normal y reflejado están en el mismo plano. También describe cómo la velocidad del sonido es menor en el aire frío cercano al suelo y mayor en el aire caliente. Además, incluye ecuaciones que describen la refracción de la luz al pasar de un medio a otro de diferente índice de refracción.
O documento resume o processo de elaboração do Plano Estadual de Cultura do Tocantins. Ele detalha as instâncias de participação que incluíram 12 fóruns regionais e um fórum regional em Palmas com centenas de participantes. Também fornece resumos quantitativos do plano com diretrizes, objetivos, desafios, oportunidades e estratégias.
La resolución establece 6 ecorregiones para la Región Oriental de Paraguay y 5 ecorregiones para la Región Occidental, basándose en estudios previos y talleres técnicos. Define las ecorregiones por sus características geográficas y superficies. El objetivo es definir ecorregiones que sirvan de base para la toma de decisiones sobre la conservación de la biodiversidad y los recursos naturales de acuerdo a la legislación ambiental paraguaya.
El documento describe el contexto de formación de Juan Sebastian Loaiza en el Servicio Nacional de Aprendizaje (SENA) de Colombia. Explica que la misión del SENA es ofrecer formación profesional integral para contribuir al desarrollo social, económico y tecnológico del país. Su visión para 2020 incluye aportar a la competitividad de Colombia a través de la productividad de las empresas, la generación de empleo, y la incorporación de tecnología en la formación profesional. También describe los símbolos, himno
This annual report summarizes the operations of a Canadian gold mining and exploration company for 2010. Key details include:
- Gold production of 47,270 ounces from operations at Seabee and Santoy 8.
- Cash operating costs of $713 per ounce of gold produced.
- 65% ownership of the Amisk gold project, which had an established resource of 1.56 million ounces of gold.
- Continued dewatering of the shaft at the Madsen project in preparation for exploration drilling.
- Production of 15,073 ounces of gold in Q3 2012. The L62 Zone has been accessed on three levels and production from this zone is scheduled for Q4 2012.
- Occupancy of the newly upgraded Seabee camp facilities occurred in Q3. Exploration at Santoy Gap extended the mineralized system.
- Claude recorded a net profit of $3.0 million in Q3 2012, with cash flow from operations of $8.6 million. Gold sales were 14,088 ounces at an average price of $1,663 per ounce.
- The outlook is to continue increasing production and reducing costs at Seabee, sustain reserves through exploration, and advance the Madsen and Am
- The document provides Management's Discussion and Analysis of Claude Resources Inc. for the third quarter of 2012, including production highlights from their Seabee Gold Operation and financial results.
- Production at the Seabee Gold Operation increased 33% compared to Q3 2011, totaling 15,073 ounces. Cash flow from operations before changes in working capital was $8.6 million for Q3 2012.
- Exploration continued during the quarter at the Seabee, Amisk, and Madsen properties, with a focus on expanding resources around the Seabee mine and testing targets at Madsen.
Lake Shore Gold provided an operational and financial update for Q4 and full year 2011. Key highlights included doubling gold production to 86,565 ounces and doubling resources for a second consecutive year. The company is focused on ramping up mining and milling capacity to 3,000 tonnes per day by late 2012 through development work at Timmins West Mine and Bell Creek. Guidance for 2012 is 85,000 to 100,000 ounces of gold production.
- Wesdome Gold Mines is a Canadian gold mining company operating the Eagle River mine in Wawa, Ontario and the Kiena Mine Complex in Val d'Or, Quebec.
- In 2009, Wesdome achieved record production of 96,152 ounces of gold, revenues of $103.5 million, earnings of $32.2 million, and cash flow from operations of $41.3 million.
- Key drivers of the improved financial performance were increased gold sales and higher gold prices realized compared to 2008, along with stabilized operating costs.
- The document provides management's discussion and analysis of Claude Resources Inc.'s consolidated financial statements for the second quarter of 2012, including operational highlights and financial results.
- Production at Claude's Seabee Gold Operation for Q2 2012 was 12,166 ounces of gold, below forecasts, and full-year production guidance was lowered to 48,000-50,000 ounces.
- Exploration continued across Claude's projects, expanding resources at Seabee and advancing projects at Amisk and Madsen.
- Financially, Claude reported net income of $0.7 million for Q2 2012 on gold sales of 12,306 ounces and revenue of $20.1 million.
Lake Shore Gold Corp. held a third quarter 2012 conference call to discuss their results. They reported record mine and mill throughput in Q3/12 along with low cash operating costs. They also made excellent progress on mine development and mill expansion projects. Exploration success expanded high-grade mineralization at the Timmins Deposit and Thunder Creek. Lake Shore is positioned for strong Q4/12 results and a significant increase in production in 2013.
The document discusses developing the King-king copper/gold deposit as a project for the Philippines. It would provide significant economic and social benefits to the country and local region. Key points include that the deposit contains over 5 billion pounds of copper and 10 million ounces of gold, and is one of the largest undeveloped deposits globally. The company has a 60% earn-in agreement and is currently in the permitting process, with milestones this year including submitting an environmental impact statement and completing a prefeasibility study. The project would create thousands of jobs and tax revenue while benefiting the local community.
This document provides an overview and discussion of Claude Resources Inc.'s consolidated operating and financial performance for 2012. Some key points:
- Claude is a Canadian gold producer with mining operations at Seabee in Saskatchewan and exploration properties in Saskatchewan and Ontario.
- In 2012, Seabee production was 49,570 ounces of gold sold, an increase from 2011. Exploration continued to expand reserves, particularly at the Santoy Gap deposit near Seabee.
- The company has a working capital deficiency and relies on plans to finalize a new debt facility to refinance upcoming debt repayments and continue as a going concern.
This document provides a summary of the Management's Discussion and Analysis for Claude Resources Inc. for the years ended December 31, 2011 and 2010. Key highlights include:
- Net profit of $9.5 million for 2011, up from $10.3 million in 2010.
- Cash flow from operations before changes in working capital of $22.2 million for 2011, up 12% from 2010.
- Gold sales of 44,632 ounces in 2011 at an average price of $1,561 per ounce for revenue of $69.7 million, up 24% from 2010.
- $35.7 million in cash, cash equivalents and short term investments with working capital of $42.4 million
This document provides management's discussion and analysis of Claude Resources Inc.'s consolidated financial statements and operating performance for the quarter ended March 31, 2012, compared to the same period in 2011. It discusses the company's production, exploration, financial, and corporate highlights for the quarter. Key points include gold production of 9,574 ounces, positive exploration results from the Amisk and Madsen properties, a net loss of $0.5 million, and cash and equivalents of $16.4 million. The document also outlines the company's goals and strategies around safety, increasing resources through exploration, improving mine operations, and maintaining financial strength.
Dundee Precious Metals is building itself into a premier, intermediate, low-cost gold producer through optimizing existing high quality assets, growing production and extending mine lives, and developing projects like the Krumovgrad gold project. The company has diversified operations in Bulgaria, Namibia, Armenia and is exploring properties in Serbia. Dundee Precious Metals is trading at a significant discount to peers based on estimated future cash flows and asset values. The company represents a compelling investment opportunity with a strong portfolio of operating and development assets capable of delivering substantial production and cash flow growth over the next several years.
Dundee Precious Metals is building itself into a premier, intermediate, low-cost gold producer through optimizing existing high quality assets, growing organically, and maintaining a strong financial position. The company's assets include the Chelopech mine in Bulgaria, which is a low cost, long life gold and copper producer undergoing expansion. The Pyrite Project there aims to increase gold recoveries to 90% by installing a new flotation circuit. Dundee also operates the Kapan mine in Armenia and the Tsumeb smelter in Namibia, which it is upgrading to process more complex third party concentrate and expand capacity.
Dundee Precious Metals is building itself into a premier, intermediate, low-cost gold producer through optimizing existing high quality assets, growing organically, and maintaining a strong financial position. The company's assets include the Chelopech mine in Bulgaria, which is a low cost, long life gold and copper producer undergoing expansion. The Pyrite Project there aims to increase gold recoveries to 90% by installing a new flotation circuit. Dundee also operates the Kapan mine in Armenia and the Tsumeb smelter in Namibia, which it is upgrading to process more complex third party concentrate and expand capacity.
Lake Shore Gold exceeded production and cash cost targets in Q1 2012. Production was 16,180 ounces compared to a target of 15,000 ounces, and cash costs were $1,048 per ounce compared to a budget of $1,450. The company is on track with its development plans at the Timmins West and Thunder Creek mines to significantly increase production over the next two quarters. Exploration success also expanded resources and potential at the Fenn-Gib deposit.
This corporate presentation by Energold provides an overview of the company's business segments, global operations, financial highlights, and outlook. Energold is a global specialty drilling contractor that provides socially and environmentally sensitive drilling services across 22 countries. It has three business segments: mining, energy, and manufacturing. The presentation highlights Energold's proprietary drilling rigs, growing rig fleet and revenues, global project examples, customer profile of major mining companies, and financials showing continued growth. It also discusses the positive mining industry outlook and need for new discoveries, which will drive demand for Energold's frontier drilling services.
1) The document summarizes plans by Sharyn Gol JSC to significantly expand its coal mining operations in Mongolia over the next several years.
2) It currently produces 0.5 million tonnes per year but has outlined plans to ramp up production to 1 million tonnes initially and eventually to 2.5 million tonnes through opening a new pit and expanding existing operations.
3) Sharyn Gol has a large JORC-compliant coal resource base of over 374 million tonnes that can support expanded mining for over 100 years at the planned higher production rates.
ArcelorMittal reported its 4Q 2012 and FY 2012 results. Key highlights include:
- FY 2012 EBITDA of $7.1 billion and net loss of $3.7 billion due to non-cash impairment charges.
- Steel shipments declined 2.3% in FY 2012 due to weak demand in Europe and China.
- Net debt decreased by $1.4 billion in 4Q 2012 to $21.8 billion through positive free cash flow and asset sales.
- The company outlined further actions to reduce debt including dividend cuts and reduced capex.
Claude Resources is investing in capital projects at its Seabee Gold Operation to increase production over the next five years. These projects include expanding the mill capacity to 1,050 tonnes per day and deepening the mine shaft from 600 to 980 meters. Claude Resources also celebrated producing its 1 millionth ounce of gold and has appointed new leadership positions. Drilling results at Santoy Gap extended the mineralized system and inferred resource. For 2012, gold production is forecasted between 48,000 to 50,000 ounces.
Richmont Mines Inc. holds the Island Gold Mine in Ontario, Canada. In Q1 2013, an Inferred Mineral Resource of 508,000 ounces of gold grading 10.73 g/t was established at the Island Gold Deep C Zone. Recent drilling results at depth continue to intersect high gold grades. The company plans a $17 million investment in 2013 to further explore and define resources at Island Gold Deep, with the objectives of building reserves over 500,000 ounces and total resources over 1,000,000 ounces through drilling.
Presentation Clayton Valley, NevadaFrom Drilling to PEA in under 2 YearsCompany Spotlight
The document summarizes Cypress Development Corp's Clayton Valley lithium project in Nevada. Key points include:
- A Preliminary Economic Assessment shows promising economics including a 32.7% IRR and $1.45 billion NPV.
- Measured and indicated resources total 8.9 million tonnes LCE with additional inferred resources.
- The project has the potential for low-cost production due to favorable geology and metallurgy.
- Upcoming catalysts in 2019 include a metallurgical study and prefeasibility study to further de-risk the project.
Aben Resources has made a new high-grade gold discovery at its flagship Forrest Kerr project in BC's Golden Triangle region. The region is known for major gold deposits and saw $100 million in exploration spending in 2017. Recent improvements have made the Forrest Kerr project more accessible via new roads. Aben's technical team has reinterpreted historical data and identified additional exploration targets. The project covers over 23,000 hectares of prospective geology along the Forrest Kerr fault zone that is similar to other major deposits in the Golden Triangle.
Aben Resources has discovered high-grade gold zones at its Forrest Kerr project in British Columbia's Golden Triangle. The first hole of the 2018 drill program intersected four separate high-grade gold zones within 190 metres, including 331.0 g/t Au over 1.0 metre. Aben plans to expand drilling at the Boundary North Zone and test other gold anomalies identified through soil sampling. The company also holds the Justin project in Yukon and Chico project in Saskatchewan near recent discoveries.
Cypress Development Corp. owns lithium claims in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. A preliminary economic assessment found the project could have a 32.7% IRR and $1.45 billion NPV. The project would extract lithium from claystone using leaching and have average annual production of 24,042 tonnes of lithium carbonate over 40 years. Capital costs are estimated at $482 million to build a 15,000 tonne per day operation.
The document discusses Aben Resources Ltd., a gold exploration company with projects in British Columbia's Golden Triangle region and other areas of Western Canada. It provides an overview of Aben's management team and directors, flagship Forrest Kerr project, recent drilling results showing new high-grade gold discoveries, and its strategy to advance exploration through 2018. The document also briefly outlines Aben's other projects including the Chico gold project in Saskatchewan and Justin gold project in Yukon.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters thick. A maiden resource estimate calculated 3.287 million tonnes of lithium carbonate equivalent in the indicated category and 2.916 million tonnes LCE in inferred. Metallurgical tests show the claystone is acid leachable and able to recover over 80% of the lithium. Cypress plans additional drilling, engineering studies, and permitting to advance the project towards production.
- Aben Resources has three highly prospective gold projects in Western Canada including its flagship Forrest Kerr Project in BC's Golden Triangle region, which had recent drilling success expanding the Boundary North Zone.
- Management has over 100 years of combined experience in Western Canada and a proven track record of success.
- The projects have significant historic work identifying high-grade gold and robust discovery potential remains.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters. A maiden resource estimate classified over 1.3 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is leachable with over 80% lithium recovery. Cypress aims to advance the project with engineering studies and further drilling to define resources with the goal of becoming a domestic lithium producer for the growing battery market.
The document provides forward-looking statements and discusses risks associated with such statements. It notes that some statements may be deemed forward-looking and lists factors that could cause actual results to differ from forward-looking statements. The document also identifies the qualified person for the technical information as Cornell McDowell and provides Aben's trading symbols and recent share information.
The document provides an overview of Aben Resources Ltd., a mineral exploration company with gold projects in Western Canada. It summarizes Aben's three key projects - Forrest Kerr in BC's Golden Triangle region with recent drill results discovering the Boundary Zone, Chico in Saskatchewan near producing mines, and Justin in Yukon's White Gold district. It outlines the management team's expertise and provides company details like shares outstanding and trading symbols.
- Cypress Development Corp owns the Clayton Valley lithium project in Nevada located near Albemarle's Silver Peak lithium brine operation.
- Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes drilled.
- Metallurgical tests show the claystone is acid leachable with over 80% lithium extraction possible.
- Cypress aims to define a resource estimate in 2018 and advance the project with feasibility studies to develop a lithium operation.
The document discusses forward-looking statements and provides disclaimers about them. It introduces the qualified person for the technical information presented. It also lists Aben's trading symbols and recent share information including price and market capitalization.
1) Cypress Development Corp owns the Clayton Valley lithium project located next to Albemarle's Silver Peak mine in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging over 900 ppm Li to a depth of over 100 meters.
2) A maiden resource estimate classified over 1.5 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is acid leachable to extract over 80% of the lithium.
3) The project is located in a strategic location to supply the growing lithium-ion battery market in the US, with lithium demand accelerating due to the increased production of electric vehicles globally.
TerraX Minerals is a Canadian mineral exploration company focused on exploring and developing its 100% owned 772 square km Yellowknife City Gold project located adjacent to the city of Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts and has had multiple high-grade gold discoveries. TerraX has a strong management team with experience discovering and developing gold deposits and low exploration costs due to the project's excellent infrastructure and year-round access near Yellowknife.
This document discusses forward-looking statements and provides information about Aben Resources Ltd., including its stock symbols, shares outstanding, recent share price, market capitalization, and three gold exploration projects in Western Canada. It summarizes the management team's experience and the company's investment highlights. Specifically, it owns the Forrest Kerr gold project in British Columbia's Golden Triangle region, which saw successful drilling results in 2017 that led to a new discovery called the North Boundary zone.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, process engineering, and a preliminary economic assessment in 2018 to advance the project. The company sees potential for the project given growing lithium demand from electric vehicles and batteries.
TerraX Minerals is a Canadian mineral exploration company focused on exploring its 100% owned 772 square km Yellowknife City Gold project located near Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts with known deposits and past producers. TerraX has made multiple high-grade gold discoveries on the property and identified several high-priority targets for further exploration and drilling. The company has a strong management team with experience discovering and developing deposits in the region.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada that have the potential to be a significant lithium resource. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical testing shows the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to further define the resource potential.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to evaluate the project's potential.
Cypress Development Corp is exploring for lithium resources in Clayton Valley, Nevada. Recent drilling has encountered lithium-bearing claystone up to 112 meters below surface, with grades averaging over 800 ppm lithium. Metallurgical testing indicates 80% of the lithium can be extracted using a weak sulfuric acid solution. Cypress plans additional drilling in 2018 and expects to publish a initial lithium resource estimate in Q1 2018 to advance the project towards a preliminary economic assessment. The project is located near existing lithium production and infrastructure to be a potential new supply of lithium for the growing battery market.
1. Quarterly Activities Report
December 2012
Moly Mines Limited HIGHLIGHTS (all amounts are in A$ unless otherwise stated)
Mine Operator & Developer Operations
Spinifex Ridge, Western Australia
New mine plan
Production and sales target at 1 million tonnes for calendar year
2013
Updated Ore Reserve Estimate completed
ASX TSX Code: MOL
Mine Performance (unaudited)
Principal & Registered Office
46-50 Kings Park Road
185,315 wet ore tonnes mined for the Quarter, down 36% on
West Perth, WA 6005
PO Box 8215
Subiaco East, WA 6008 previous Quarter
T : +61 8 9429 3300
F : +61 8 9429 3399 261,893 wet ore tonnes shipped (sold) for the Quarter, up 44%
W: www.molymines.com
E : info@molymines.com
59.0% Fe average grade of ore shipped
Issued Capital
Ordinary Shares: 384,893,989 Gross sales revenue:
Warrants / Options: 34,010,491
December Quarter: $23.4M, up 58% from September 2012
Board of Directors
Michael Braham - Chairman
Quarter
David Craig
David Nixon
Liu Han Realised CFR price of $92.9/t, up 10% from September 2012
Andy Zhmurovsky
Kang Huan Jun Quarter
Nelson Chen – Alternate for Liu Han
Peter Mansell – Alternate for Kang Operating cash costs / tonne of ore shipped: $68.9/t
Huan Jun
Officers Mine EBITDA:
Collis Thorp – Acting CEO
John McEvoy - CFO December Quarter: $0.9M
Martijn Bosboom - Company Secretary
Ore stocks on hand: 124,000 tonnes
Investor Relations
Natalie Frame (Canada):
+1 416 777 1801 Corporate & Finance (unaudited)
Share Register
Computershare Cash on hand: $41.1M, down $13.4M (mainly due to revenue from
Level 2 / 45 St Georges Terrace
Perth, WA, 6000 December 2012’s iron ore shipment not being received until January
T: +61 8 9323 2000
F: +61 8 9323 2033 2013)
1500 University St, Suite 700
Montreal, Quebec H3A 358
T: +514 982 7888 Short term iron ore hedging initiated to take advantage of recent
F: +514 982 7635 price strength
www.computershare.com
1 ASX TSX : MOL ABN : 32 103 295 521 www.molymines.com
2. Quarterly Activities Report
December 2012
Corporate
Staff and cost reductions implemented
Mergers and acquisitions strategy focused on near term production
assets that can be financed independently from Hanlong
Exploration
No exploration activity to report
Summary
At Quarter end Moly Mines Limited (Moly Mines or Company) had approximately $64.2 million of
net current assets on its balance sheet.
As reported previously, the Company initiated a scheduling and production review in September
2012. Since then, iron ore prices experienced a remarkable recovery which will have a positive
impact on the Company’s financial position. The review has resulted in a new mine plan based on
cost and strip ratio optimisation targeting nominally 1 million tonnes for calendar year 2013.
Discretionary mine capital expenditure will remain under constant review.
As announced previously, the Board has reviewed its merger and acquisition strategy. The short
term focus is on near term production assets which can be financed and developed independently
from its major shareholder Hanlong Mining Investment Pty Ltd part of the Sichuan Hanlong Group
(Hanlong). Hanlong has advised it will be in a position to financially support an acquisition of project
development by the Company from the second half of 2013 and in that context the Company will
consider longer term and possibly larger scale opportunities. The Company continues to consider the
potential to divest the iron ore mine.
Operations
Product sales for the Quarter totalled 261,893 wet metric tonnes from 3 vessels, up 44.7% on the
September 2012 Quarter.
Free-on-board (FOB) operating costs (unaudited) for the Quarter averaged $68.9/t ore shipped.
Iron Ore Mine March June September December Total
Statistics 2012 2012 2012 2012 2012
(unaudited) Quarter Quarter Quarter Quarter Year
Ore mined – tonnes 222,354 220,824 287,735 185,315 916,228
Ore crushed – tonnes 254,937 270,461 252,790 220,768 998,956
Ore shipped (sold) - 261,457 270,995 182,225 261,893 976,570
tonnes
Average Fe Grade 58.0% 59.1% 58.6% 59.0% 58.7%
shipped
Number of shipments 3 3 2 3 11
2 ASX TSX : MOL ABN : 32 103 295 521 www.molymines.com
3. Quarterly Activities Report
December 2012
(1)
FOB cost per tonne of 65.7 63.3 57.1 68.9 64.3
ore shipped - A$/t
(1) Costs exclude freight, commissions and government royalties and corporate head office
overhead.
Ore stocks on hand at Quarter end totalled 123,876 tonnes (excluding low grade stocks).
Since the commencement of operations, approximately 590,000 tonnes of lower grade iron ore
(grading 50%-55% iron) have been stockpiled for future blending and processing. These stocks have
not been valued for the purposes of the Company’s financial statements.
The iron ore off-take agreement (Off-take Agreement) between Moly Metals Australia Pty Ltd and
Hanlong Metals Limited (Hanlong Metals) includes a clause that either party may trigger a
“negotiation in good faith” process should that party believe that the pricing mechanism under the
Off-take Agreement is no longer appropriate. The process has been triggered and negotiations
have started. It is expected these negotiations will lead to a revised mechanism during the March
2013 quarter. Pending these negotiations, shipments are being priced on a “shipment by
shipment” basis.
Spinifex Ridge Molybdenum / Copper Project
The development of the Spinifex Ridge Molybdenum / Copper Project was deferred in December
2011 and will remain on care and maintenance with tenement and permitting obligations being met.
Corporate and Finance
Staff reductions
As announced previously, the Company has implemented a cost and staff reduction program at a
corporate level which is forecast to reduce corporate costs to about $6.1 million for calendar year
2013.
Hedging Program
In January 2013, the Company took advantage of stronger iron ore prices to enter into the following
iron ore hedges:
US$135/tonne flat forward on 160,000 tonnes of 62% iron ore for the period February to
September 2013 (equivalent to 20,000 tonnes per month)
Put at US$120/tonne and call at US$146/tonne on 160,000 tonnes of 62% iron ore for the
period February to September 2013 (equivalent to 20,000 tonnes per month)
Securities on Issue
On 31 October 2012 13,828,334 institutional warrants with an exercise price of A$ 1.06 or C$ 1.06
expired.
During the Quarter 4,833,337 employee options were cancelled by reason of resignation or
termination of employment.
3 ASX TSX : MOL ABN : 32 103 295 521 www.molymines.com
4. Quarterly Activities Report
December 2012
Balance
31 Dec 2012
Ordinary shares 384,893,989
Options
- EIG Warrants 4,832,157
- Employee options 10,516,663
Total 15,348,820
Diluted Total 400,242,809
New Company Secretary appointed
The Company’s General Counsel, Martijn Bosboom, was appointed Company Secretary replacing
Andrew Worland who ceased employment with the Company on 30 November 2012.
Finance - unaudited
Gross sales revenue earned on the three shipments for the December 2012 Quarter averaged a
price of A$92.9/t (dry metric tonnes) and totalled $23.4 million. Net revenue, (being gross revenue
less freight, commissions and royalties), earned for the Quarter was $18.9 million. Mine earnings
before interest, depreciation and amortization charges for the Quarter totalled $0.9 million.
4 ASX TSX : MOL ABN : 32 103 295 521 www.molymines.com
5. Quarterly Activities Report
December 2012
Iron Ore Mine March June September December Total
Financials 2012 2012 2012 2012 2012
(unaudited) Quarter Quarter Quarter Quarter Year
Sales price achieved A$/dmt 110.4 110.8 84.6 92.9 100.9
Gross sales revenue A$’000 27,107 28,631 14,833 23,397 93,968
Net sales revenue A$’000 21,441 22,985 11,570 18,904 74,900
EBITDA A$’000 4,276 5,833 1,164 880 12,153
Cash receipts from A$’000 26,115 27,055 26,740 13,719 93,629
sales
A reconciliation of Spinifex Ridge Iron Ore Mine earnings before interest, depreciation and
amortization, corporate expenditure and net corporate cashflows for the Quarter ended 31 December
2012 is shown below – A$’M (unaudited):
60.0
0.9 1.6 2.8 1.8 8.1
50.0
40.0
30.0 54.5
20.0 41.1
10.0
0.0
5 ASX TSX : MOL ABN : 32 103 295 521 www.molymines.com
6. Quarterly Activities Report
December 2012
Spinifex Ridge Iron Ore Mine
In November 2012 the Company released an updated insitu Ore Reserve Estimate based on the Ore
Resource Estimate as reported in the June 2012 Quarterly Activities Report. The Ore Reserve
Estimate takes into account depletion through mining as of 31 May 2012 but does not include port or
mine site stockpiles. For further detail, the Company refers to the NI43-101 Technical Reserve
Update that was announced on 3 December 2012.
Ore Reserve Estimate – 30 November 2012
JORC Category Volume Tonnes Fe % Al203% SiO2% P% LOI% S%
kBCM kT
Proven - - - - - - -
Probable 1,018 3,098 60.02 1.08 7.6 0.13 4.0 0.00715
Total 1,018 3,098 60.02 1.08 7.6 0.13 4.0 0.00715
“The scientific and technical information in this report that relates to the in-situ Mineral Reserve estimates for the
Spinifex Ridge Iron Ore Deposit is based on information compiled by Mr Benjamin Cairns, who is a consultant working
for Westoria Capital Pty Ltd. Mr Cairns is a Member of the Australian Institute of Geoscientists and has sufficient
experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity
which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore Reserves’ and to qualify as a “Qualified Person” as
defined in National Instrument 43 -101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) of the Canadian
Securities Administrators. Mr Cairns has reviewed and approved the disclosure of the relevant scientific or technical
information in the form and context to which they appear in this report that relates to the Spinifex Ridge Iron Ore
Mineral Reserve estimate. Mr Cairns consents to the inclusion in the report of the matters based on his
information in the form and context in which it appears”.
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