| #1 von Knappschaftskassen 30.04.07 15:15:15 Beitrag Nr.: 123.456.789.12 | REGENCY MINES PLC | ||
http://www.mining-investor.com/pressreleases/...ment%20April%2007.pdf Substantial shareholdings
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Regency Mines die unglaubliche Story!
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www.londonstockexchange.com/en-gb/...NB67GBGBXAIM%20B067NB6RGM
man sollte ja nie , NIE sagen an der börse .. das gibt es nicht ..
also ab auf die WL und beobachten
.. solltest du jedoch gewinne machen .. 50 % an mich überweisen .. danke
also ab auf die WL und beobachten
.. solltest du jedoch gewinne machen .. 50 % an mich überweisen .. danke
ich bin tatsächlich eingestiegen mit 22222Aktien wie Du der AIM entnehmen kannst! Ich will nicht beobachten sondern dabei sein und da hier sich 80% der Aktien auch noch voll in Investoren Hände ist war das für mich genau der Augenbblick warum ich eingestiegen bin! Außerdem kann man sich an Hand der 4 Mio Tonnen Nickel selber ausrechnen was da bald kommen wird!
Aus dem 2. ADVFN Thread!
"I posted this to lse.co.uk- but cos it's a long one, feel it ought to go here too. It's aimed at those of you who don't know the context for RGM, it's taken mainly from notes I took from the interview with the chairman of regency on the mineweb podcast:
I am going to stick my neck out here and say this stock is a multi-bagger over the next 12-24 months, and I will be filling my boots with it.
RGM already has a portfolio of Australian mining companies and a stake in Red Rock:-
"Since listing on AIM on 22nd February the company has seen the listings on AIM of Thor Mining plc (AIM: THR) on 29th June and of Red Rock Resources plc (AIM: RRR). Regency held 8.2m shares in Thor at listing and 101.25m (now 103.25m) shares in Red Rock (60.1%)."
Their portfolio is worth more than the share price (when it was around 2p).
During 2008 they will commence the extraction of Nickel ore from their recently purchased Mambare project.
Nickel is a scarce resource which has been rising rapidly in value as international demand increases. Nickel is needed to make stainless steel which is used in the production of cars, washing machines, air conditioners, cutlery etc. etc.
Two thirds of the world's nickel is in the form of sulphide deposits in Russia and Australia. One third is in lateritic reserves. These until recently have become uneconomical to extract from. The extraction process is extremely expensive and subject to equipment malfunction and implementation problems. One extraction machine costs half a billion dollars.
Regency Mining is not planning to extract the ore on site.
Their plan is to transport the iron ore, unrefined, up the Yangtse to be smelted into pig iron and the nickel separated. The chinese get the iron for free, RGM gets paid for the Nickel and COBALT which is contained in the ore.
The site is easily accessible by road (110km to port). This might not seem like a big deal, but if you have been to Papua (I've been to West Papua and PNG is no doubt similar), it's about the most inaccessible place on the planet.
The reason for the existence of the road is that the oil palm industry is already active in the area, and Regency can use the road to transport the ore and take it to the nearby port.
Regency has recently raised a bit of money to pay for more analysis with a ground penetrating radar. They estimate the cost of the further analysis will be 30-40% of £500k so £150k-£200k and they expect to be extracting ore in 2008.
To give you some idea of how much Nickel they have here are some figures:-
The top layer has 200 million tons with Nickel concentration of 1.5% and also 830m tons at 0.78% Nickel
The layer below has 1.25-1.5% nickel (according to a few small profiles). there is additionally .1% COBALT (which costs about $25-$30 per pound).
They expect to be shipping $500m of Nickel a year.
The market cap is currently £6.38m (170,226,376 shares at 3.75p).
The Chairman of Regency Mines thinks his company is the most undervalued on AIM. From what I have found out today, I wouldn't be surprised if he was right."
de.advfn.com/cmn/fbb/thread.php3?id=13273910
"I posted this to lse.co.uk- but cos it's a long one, feel it ought to go here too. It's aimed at those of you who don't know the context for RGM, it's taken mainly from notes I took from the interview with the chairman of regency on the mineweb podcast:
I am going to stick my neck out here and say this stock is a multi-bagger over the next 12-24 months, and I will be filling my boots with it.
RGM already has a portfolio of Australian mining companies and a stake in Red Rock:-
"Since listing on AIM on 22nd February the company has seen the listings on AIM of Thor Mining plc (AIM: THR) on 29th June and of Red Rock Resources plc (AIM: RRR). Regency held 8.2m shares in Thor at listing and 101.25m (now 103.25m) shares in Red Rock (60.1%)."
Their portfolio is worth more than the share price (when it was around 2p).
During 2008 they will commence the extraction of Nickel ore from their recently purchased Mambare project.
Nickel is a scarce resource which has been rising rapidly in value as international demand increases. Nickel is needed to make stainless steel which is used in the production of cars, washing machines, air conditioners, cutlery etc. etc.
Two thirds of the world's nickel is in the form of sulphide deposits in Russia and Australia. One third is in lateritic reserves. These until recently have become uneconomical to extract from. The extraction process is extremely expensive and subject to equipment malfunction and implementation problems. One extraction machine costs half a billion dollars.
Regency Mining is not planning to extract the ore on site.
Their plan is to transport the iron ore, unrefined, up the Yangtse to be smelted into pig iron and the nickel separated. The chinese get the iron for free, RGM gets paid for the Nickel and COBALT which is contained in the ore.
The site is easily accessible by road (110km to port). This might not seem like a big deal, but if you have been to Papua (I've been to West Papua and PNG is no doubt similar), it's about the most inaccessible place on the planet.
The reason for the existence of the road is that the oil palm industry is already active in the area, and Regency can use the road to transport the ore and take it to the nearby port.
Regency has recently raised a bit of money to pay for more analysis with a ground penetrating radar. They estimate the cost of the further analysis will be 30-40% of £500k so £150k-£200k and they expect to be extracting ore in 2008.
To give you some idea of how much Nickel they have here are some figures:-
The top layer has 200 million tons with Nickel concentration of 1.5% and also 830m tons at 0.78% Nickel
The layer below has 1.25-1.5% nickel (according to a few small profiles). there is additionally .1% COBALT (which costs about $25-$30 per pound).
They expect to be shipping $500m of Nickel a year.
The market cap is currently £6.38m (170,226,376 shares at 3.75p).
The Chairman of Regency Mines thinks his company is the most undervalued on AIM. From what I have found out today, I wouldn't be surprised if he was right."
de.advfn.com/cmn/fbb/thread.php3?id=13273910
mein glückwunsch
super gut gemacht
nur in deutschland wird die nicht gehandelt
super gut gemacht
nur in deutschland wird die nicht gehandelt
interessant ist das an der AIM in London langsam der Kurs und die Umsätze steigen!
Regency Mines: Has its finger in many pies
=http://www.proactiveinvestors.co.uk/articles/article.php?RGM
By:Jackie Steinitz
Article Date: 31st May 2007
Market: AIM Regency Mines has a very simple objective; to maximize shareholder value. Its strategy for doing so however is multi-faceted and reflects the extensive background and experience of the directors in the worlds of mining, finance, the City and Australia.
1. Facet number one is direct investment in exploration assets; Regency owns seven properties including a 75% share in a nickel/iron ore/cobalt project in Papua New Guinea and six copper/gold/nickel properties in Australia. The PNG project may be in production, and highly profitable production at that, within twelve months.
2. Facet two is a advisory business; Regency has used its City expertise and contacts to help a number of other mining companies to list on AIM. For example it helped Thor Mining [THR], a molybdenum-tungsten-uranium explorer, to list, taking a 5% equity stake in the process, which it then sold six months later at five times the cost price. (Watch out for an article on Thor Mining on Proactive Investor shortly).
3. Facet three is equity holdings in other mining companies; Regency aims to drive value through transactions in other mining companies and at present Regency holds 60.1% of Red Rock Resources [AIM:RRR] which is exploring for manganese, iron ore, uranium and gold in Australia and Zambia. It also holds 16% of the US-based Aquarian Gold Corporation which mines coal in Indonesia and trades on the pink sheets [PK:AQGC], and owns relatively small holdings in three Australian-based companies: gold explorer Greatland Gold [AIM:GGP], investment group Sunvest Corporation [ASX:SVS] and the unlisted zinc explorer Range Mines Ltd (which will list shortly). The investment in Red Rock alone is worth £4.2m at today’s prices.
Regency thus has its finger in many pies and many commodities, including nickel, copper, gold, manganese, iron ore, uranium, cobalt and coal. By luck, or more likely by judgment, many of these are at historically high prices. Nickel, which is used primarily in stainless steel manufacture, has been the star of the base metals in recent years; prices today are more than double a year ago and five times the level of 2003. And, according to Regency’s chairman Andrew Bell, high prices for nickel are here to stay. Just listen to the Commodity Watch radio extract on Regency’s website where you can hear Mr Bell wax lyrical about the potential for nickel demand as China and India, indeed some 40%+ of the world’s population, are living through an industrial revolution and acquiring stainless steel fridges, cars, washing machines, motorbikes, air conditioning units and the like.
The jewel in Regency’s crown is currently the 584 square kilometre Mambare nickel laterite project in Papua New Guinea which is located at 800 metres altitude on a plateau just north of Kokoda (which the historians among you may know better as the site of a number of world war two battles and campaigns). Parts of the area have been explored for nickel since the 1960s, and in 1999 Anaconda Nickel Ltd (now Minara Resources) reviewed the data on a 158 square kilometre section of the project and estimated that the limonite laterite which lies under 3 to 5 metres of ash overburden contains at least 200 million tonnes of ore with 1% nickel, 50% iron ore and 0.1% cobalt. The saprolite layer beneath has not yet been extensively drilled, but preliminary estimates by Regency suggest that this could contain a further 200 million tonnes grading 1.25 to 1.5% nickel. If correct these estimates would rank Mambare as a large scale producer, with a potential resource, according to Andrew Bell, of £25bn.
But the story gets better. Mining the ore is very straightforward as the limonite is already broken down to a mud-like consistency. No explosives are required therefore and no crushing is needed – the ore only needs to be scraped and quarried. If the ore were to be processed on site in, say, a High Pressure Acid Leach plant, it would require significant capital investment, of perhaps £400m+. But other options are possible – and there are three cherries on the cake. Firstly Mambare has good road connections directly to Oro port, 110 kilometres away which gives it significant competitive advantage over other nickel laterite deposits in PNG and elsewhere. Secondly because of the high level of nickel prices there is a rapidly growing demand from China for limonite ore grading 40-50% iron ore and 1% nickel which can be used directly as feedstock for Chinese blast furnaces to produce pig iron which can then be refined into lower quality stainless steel (in fact Chinese imports of direct shipping limonite ore for this purpose soared eight-fold in 2006). Regency has recently signed confidentiality agreements with two major Chinese metals companies and has stated that the ore from Mambare would be suitable this purpose. Thirdly there is scope to keep costs low as labour, (though not fuel), is relatively cheap in PNG, and the only capital requirements are for earth moving equipment, truck haulage to Oro Bay and the provision of storage and belt loading facilities at the port.
So it is a no-brainer to work out that the economics on this project could be extremely favourable. At current prices the contained metal per tonne of ore could be comfortably over $650. Of course the fob price of the ore at port will be just a fraction of that, but even under very conservative assumptions the profit could be $20 per tonne shipped. Regency are planning to prove an initial resource of 5-10 million tonnes and to fast track to a neat, slim, low cost production next year operating at an annualised rate of 1 million tonnes. This could generate profits of $20million dollars per year which is considerably more than the current market capitalisation of Regency.
Details of Regency’s other exploration projects can be found on the website. They represent a mix of green and brownfield projects though none yet have a defined resource. The most advanced is the 200 square kilometre Bundarra copper-gold and possibly uranium project in Queensland, Australia. Bundarra was a mining area in the late 1800s and in the 1960s and which has been sporadically explored since then though work was hampered by fragmented ownership. Regency now owns the entire Bundarra pluton (an igneous rock body) which will enable a systematic evaluation of all prospective areas. The area is considered prospective for a large IOCG (Iron Ore Copper Gold) system.
Regency’s investment in Red Rock (which shares three directors in common) may also prove highly prospective. Red Rock are currently involved in thirteen projects for manganese, iron ore, gold and uranium exploration in Australia, Malawi and Zambia (though it will be floating off its uranium assets shortly). Surface sampling at the Mount Ida project in Australia has yielded 66% iron. Meanwhile the Chiwefwe project in Zambia shares many of the same characteristics as Regency’s Mambere nickel project. Like nickel, manganese is used in steel manufacture, and prospects for demand will be underpinned by the industrial revolutions in China and India. The project itself is well located, lying directly on the Great North Road which runs north through Africa from the Zambian capital Lusaka, and very close to the railway to Dar-Es-Salaam which links to the African network. Cheap hydro electric power is nearby. The manganese itself is at surface with an indicated resource of 2.36 million tonnes at 46% on a 550 metre strike length though a further 6 km shows mineralization. There is a process plant quite close by and Red Rock could start producing and generating cash flow shortly.
So there is no doubt that Regency has been busy in its two and a half years of existence. There have been a number of transactions and the company has built up a diversified portfolio of mining assets in commodities which the directors believe have favourable prospects.
At today’s price of 4.38p the implied market capitalization is £7.45m. This is more than twice its value six weeks ago; the share price has been driven by a recent announcement about Red Rock’s JV with Jupiter Mines and by a visit of the chief geologist to London who demonstrated to a few institutions that the Regency story “has legs”.
However the value of the direct investments alone is currently well over £4.3m which puts a value of less than £3.2m on the exploration properties. Yet the Mambere project alone, arguably, has the potential to be generating $20m profits annually from next year, (though of course there are risks to operating in PNG). The valuation is certainly very cheap compared to other laterite explorers such as Toledo Mining [AIM:TMC] (which has a market cap of £102m and a 50-60% share of two projects with a pre-JORC resources of 350 million tonnes), and MBMI Resources [TSX.V:MBR] which has a market cap of £79m and pre-JORC laterite resources in the ball park of 350-400 million tonnes at 1.5%-2% nickel.
Watch this space!
ist nur kein volumen in germany
also an einer anderen börse kaufen
also an einer anderen börse kaufen
warten bis in Deutschland die Aktie auch zu einen vernünftigen Preis gibt. Der Geldkurs in Deutschland ist mehr als ein Witz und 0,06 Euro 0,040398 GBP und der Kurs steht aber bei 0,07 GBP in London. Beim Briefkurs werden Aktien zu 0,14 Euro = 0,94248 GBP angeboten.
Der wahre Preis ist 0,07 GBP = 0,104 Euro
Der wahre Preis ist 0,07 GBP = 0,104 Euro
und der preis ist bei 0,11
dies jahr schon 254 % gemacht diese aktie
von 0,031 auf 0,11
nicht schlecht
dies jahr schon 254 % gemacht diese aktie
von 0,031 auf 0,11
nicht schlecht
Höchstkurs an!
Check out Yahoo! Finance UK & Ireland.
| REGENCY MINES (LSE:RGM.L) |  |
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| New! Try our new Charts in Beta |
#008800">0.50 #008800">(6.67%)| EURGBP=X | EUR to GBP | 7:00AM ET | 0.6765 |
Users' Holdings
http://www.iii.co.uk/investment/....L&display=community&it=le
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wurde am 13. Juli als Schlusskurs in London festgetsellt!
Und wie sieht es in Deutschland am 13. Juli aus!
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| Börse | Geld-Stk | Geld | Geld-Brief | Brief | Brief-Stk | Spread  | Zeit | |||
| Frankfurt | 34.490 | 0.029 € | 0,109 € | 11.000 | 275,86% | 13.07.07 | ||||
| | 0.019| 0.052| 0.086| 0.119 | ||||||||||
Wenn sie niemand haben will dann hole ich mit dieses Schnäppchen in Deutschland und man kann ja dann immernoch in London verkaufen!
http://investing.businessweek.com/businessweek/...le.asp?symbol=RGM.L
July 15, 2007 9:39 AM ETMATERIALS SECTOR | METALS & MINING INDUSTRY
Regency Mines Plc(RGM:London Stock Exchange)
LAST 7.75 GBXCHANGE TODAY +0.50 6.90%VOLUME 595.1KRGM On Other Exchanges As of 4:30 PM 07/13/07 All times are local (Market data by Reuters is delayed by at least 15 minutes). SnapshotNewsChartsFinancialsEarningsPeopleTransactions
#333" href="http://investing.businessweek.com/businessweek/research/stocks/people/people.asp?symbol=RGM.L" rel="nofollow" class="showvisited">OverviewBoard of DirectorsCommittees
<!-- add content for the left rail -->
KEY EXECUTIVES FOR RGM*
| Name | Board Relationships | Title | Age | |
| Kenneth F. Watson |  | 3 Relationships | Managing Director and Executive Director | -- |
RGM BOARD OF DIRECTORS*
| Name | Board Relationships | Primary Company | Age | |
| Andrew R. McM. Bell |  | 14 Relationships | Aquarian Gold Corp. | 50 |
| Kenneth F. Watson | | 3 Relationships | Regency Mines Plc | -- |
| John Watkins B.A., Dip GeoSc, CPA, FCIS, FFin., MAusIMM | | 10 Relationships | STARVEST plc | -- |
| Julian M. E. Lee | | 3 Relationships | Regency Mines Plc | -- |
RGM EXECUTIVE COMMITTEES*
#404 von Karpow    01.08.07 15:03:53 Beitrag Nr.: 30.967.269 Dieses Posting: versenden | melden | drucken | Antwort schreiben | | RED ROCK RES PLC |  | |
| Heute kam per E-Mail der erste Bericht zur Lage in Sambia und dem Manganprojekt. Außerdem noch ein Bericht zu ihren Uraniumwerten. MANGANESE IN ZAMBIA AND WA—MOVING TO PRODUCTION? In April we went to Zimbabwe to negotiate and sign a toll processing agreement with Huo Wencai of Chiman Manufacturing Ltd to turn our Manganese ore into FerroManganese. Chiman own a smelting facility in Kabwe, a couple of hours away from our Zambian manganese deposit at Chiwefwe. Exploration at our Chiwefwe license continues. Aurum Exploration have carried out and are reporting on an extensive mapping and sample collection programme, and identified new target areas. This will help to delineate the potential resource and identify drill targets. Manganese is sold in different forms: the ore that comes straight from the ground, and FerroManganese or Silicomanganese. FeMn, which is the result of smelting the ore, contains between 70%-80% Mn. The value of these two products varies widely; metallurgical grade Mn ore has until recently sold FOB, depending on grade, for between $100-$120 per tonne; high carbon FeMn, again depending on grade, for up to $750 per tonne. These prices have risen in the last months to over $300 and to $1200 respectively, possibly bearing out our long-held view that manganese prices were unjustifiably lagging the rest of the metals sector. We have received many questions from shareholders about Chiman’s recent problems with the Zambian Env i ronmental Agency. We are aware of the problems they have had and have seen at first hand the measures they are taking to comply with requirements by installing scrubbers, previously uninstalled, though delivered, for reasons we find it hard to fathom. One of the two furnaces is already back in operation. We are pleased to have the prospect of producing FeMn—and cash flow—and regard the current agreement as just an opening of the door, rather than the culmination of a process. Meanwhile, in WA, where Consolidated Minerals is the subject of a bitter takeover battle, we proceed with the steps towards grant of our extensive license applications adjacent to them. RED ROCK SPINS OUT URANIUM ASSETSWe recently signed an agreement with a publicly quoted Australian company called Retail Star Ltd. The deal will see Red Rock transfer eight uranium tenements held in Australia and Malawi for up to 29% of Retail Star’s issued equity. We have made a commitment to shareholders to maximise the value of our assets by focusing the business on its core Mn and Fe components. This will also ensure that our uranium assets are developed to their full potential. The arrangements we have made will go some way to start this process by delivering: Quick access to significant non-shareholder funds (RSL will have between Au$1.8m - Au$2m cash) allowing Red Rock to execute an exploration programme in a timeframe not otherwise available to it. Creation of an experienced team of the foremost uranium specialists headed by the former Chief Geologist of the giant Olympic Dam deposit, Ian Scott, who will help develop the business. Access to the ASX, a retail market that embraces uranium exploration companies in a way that other global markets do not. Access to a new pool of investors and technical staff that we will cultivate assiduously in the interest of all our businesses Red Rock will also control the board, with Andrew Bell and Manoli Yannaghas joining the Retail Star board. With Ian Scott we will have a team in place able (if given luck) to create a world class uranium company | |||
Kauflimit hier nochmals zieht! Damit ist diese Aktie damit ist diese Aktie meine größte Investion in diesem Jahrzent!
Monday September 24, 02:44 PM
Regency Mines sees wacker drilling at Mambare to restart this week
LONDON (Thomson Financial) - Regency Mines PLC (LSE: RGM.L - news) said it anticipates that wacker drilling will recommence this week (Advertisement)
at its nickel-cobalt project in Mambare Plateau, Papua New Guinea, as stronger wacker rods have arrived from Australia.
The mining exploration and mineral investment company said it is also sourcing an additional diamond drill rig, because only diamond drilling will fully penetrate the harder saprolite ore underlying the limonite.
The company added it has entered into a three-month research services agreement with the General Research Institute for Nonferrous Metals of Beijing, China, for hydrometallurgical test work on ore from Mambare.
--------------------------------------------------
Monday September 24, 01:34 PM
Regency Mines PLC - Exploration Update
RNS Number:3656E
Regency Mines PLC (LSE: RGM.L - news)
24 September 2007
REGENCY MINES PLC
Exploration Update
Dated: 24th September 2007
Regency Mines plc ('the Company') the mining exploration and mineral investment
company with interests in copper and nickel in Papua New Guinea, Western
Australia, and Queensland, is progressing with exploration at the Company's
lateritic Nickel-Cobalt project at Mambare Plateau, Papua New Guinea ('Mambare
').
To date 30 auger core holes (CAA 1-30) have been drilled. These holes have been
located at 100m intervals on lines 22400, 22800 and 23200N across the previously
explored ridge west of the Arumu River. Individual holes range up to 10.3m in
depth and total 167m. Limonite laterite has been intersected in all holes. Up to
7.65 metres of limonite laterite has been intersected in individual holes.
Overlying ash is commonly less than 3m thick. 180 samples have been submitted to
an Indonesian laboratory for XRF analyses.
One auger core drill has been equipped with hydraulic feed and is currently in
use. Another auger core rig is being rebuilt and equipped with hydraulic feed
and a diamond drill bit to effect better penetration, to ensure intersection of
the complete limonite profile, which the holes drilled to date have failed to
do. The Company is sourcing an additional diamond drill rig, since only diamond
drilling will penetrate fully the harder saprolite ore underlying the limonite.
The wacker drill encountered early problems which have been addressed by
fabricating stronger wacker rods in Australia. These have now arrived in Papua
New Guinea and are currently in transit to Kokoda. It is anticipated that the
wacker drilling will recommence this week.
The Company has entered into a Research Services Agreement with the General (3166.KL - news)
Research Institute for Nonferrous Metals (GRINM) of Beijing, China. This
agreement provides for a three month programme of hydrometallurgical test work
on ore from Mambare. Follow up work will be conducted on site leading to process
flow recommendations and an economic analysis.
Enquiries:
Andrew Bell 07766 474849 Red Rock Resources (LSE: RRR.L - news) plc Chairman
John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser
Ron Marshman / John 020 7628 5518 City of London PR Limited Public Relations
Greenhalgh
Updates on the Company's activities are regularly posted on its website,
www.regency-mines.com.
This information is provided by RNS
The company news service from the London Stock Exchange (LSE: LSE.L - news)
END
Minews Story: 17. April 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project Regency Minen nimmt den Kokoda-Trail Ein Mann-Sized Nickel-Projekt
“It’sa real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. "Es ist ein echter Mann-sized Projekt", sagt Regency Mines Vorsitzende Andrew Bell seines Unternehmens Mambare laterite Nickel-Projekt in der Provinz Oro, Papua New Guinea. It’d better be, because it’s located in man-sized country. Es würde besser werden, denn es befindet sich in der Mensch-sized Land. It was up on Es war bis auf
Full story... Full story ...
April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
www.minesite.com/nc/minews/singlenews/...nickel-project/1.html
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project Regency Minen nimmt den Kokoda-Trail Ein Mann-Sized Nickel-Projekt
“It’sa real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. "Es ist ein echter Mann-sized Projekt", sagt Regency Mines Vorsitzende Andrew Bell seines Unternehmens Mambare laterite Nickel-Projekt in der Provinz Oro, Papua New Guinea. It’d better be, because it’s located in man-sized country. Es würde besser werden, denn es befindet sich in der Mensch-sized Land. It was up on Es war bis auf
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April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
April 17, 2008
Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project
By Alastair Ford
“It’s a real man-sized project”, says Regency Mines chairman Andrew Bell of his company’s Mambare nickel laterite project in Oro province, Papua New Guinea. It’d better be, because it’s located in man-sized country. It was up on the ridges of the Owen Stanley Range, the highest peak of which punches through 4,000 metres, and just a stone’s throw away from Mambare, that the Australian army fought one of its most famous battles of all time, and checked the advancing Japanese at Kokoda. It was a battle famed for the extreme conditions under which it was fought. The days up there are hot, the nights are cold, the rain is torrential, and the potential for disease is almost unlimited. At the battle’s end, one officer of the distinguished 39th Battalion referred to it as the Australian Thermopylae.
The key supply line on the Australian side was the Kokoda Trail, which runs back down from the old mining districts in the hills - opened up in the 1890s - to Port Moresby, the capital. This is also Regency’s key supply line, and although the extremes the company faces are on the mild side compared with those faced by the soldiers who fought Australia’s coming of age battle, it’s not been an easy logistical exercise working up there. Last year a typhoon hit the region, and the road was cut. And not just once, but in thirty places. At one stage Mr Bell had to swim a river in order to continue his journey. He refers to these events, somewhat dryly, as “genuine supply problems”.
However, there may not be a repeat of those supply problems for years to come, because American multinational Cargill has moved into the region in a big way, and is anxious to keep the road open to ensure product supply. This company isn’t in mining, it’s in one of the world’s few other booming sectors, agriculture. The product Cargill wants to ship along the Kokoda Trail is palm oil, which has risen in price dramatically over the past few years. And, with annualised profits of over US$4 billion per year, Cargill certainly has the economic clout to ensure that if the bridges go down, they rapidly go up again.
This is good news for Regency, which ought to benefit directly from improvements in infrastructure, and indirectly from the region’s overall economic growth. The fame of Kokoda is more of a mixed blessing. For a while there was an internal debate inside the company about whether to call Mambare “Kokoda” instead, but it was thought that this might trample somewhat on Australian sensibilities. As it is, another mining company has a license that cuts right across the Kokoda Trail. Nice to have the mineralization, shame the Australian government, which is rather proud of its army’s victory in the hills up there, is lobbying the Papua government against allowing development. And Papuan soldiers died in that campaign too. Luckily for Regency, its tenements sit well to the side of the actual Trail, so perhaps a choice donation to a memorial fund somewhere will be enough to placate any objections.
There are two other major nickel developments in the wider area: Highlands Pacific’s Ramu project, some distance to the north west, and Resource Mining’s Wowo Gap project, situated some 200 kilometres to the east of Port Moresby. According to Andrew Bell, Mambare just might be bigger than both of them. If he’s right, that’s really saying something. But it’s early days yet. Regency knows it’s got good mineralization at Mambare. It also has a fairly good understanding of the geology, so far as it goes. The structure is fairly straightforward, comprising a three to five metre layer of ash, then seven metres of limonite grading around one per cent nickel, 0.1 to 0.2% cobalt, and between 40% and 50% iron. Underneath that there’s a seven to eight metre layer of saprolite grading between 1.25% and 1.6% nickel, and between 12% and 15% iron. The big question is how far the mineralization goes. “It’s potentially one of the biggest nickel projects in the world”, enthuses Andrew Bell, although the market won’t know if he’s on the money with that statement until later in the year, when an inferred resource calculation will be announced. But yes, Regency has finally managed to get drill rigs up those broken roads and on to site.
But it’s intriguing to hear Andrew Bell musing that the numbers he’s likely to present under the Australian JORC reporting code might not be the ones that really matter. They may drive the market in London, but we all know the balance of power is shifting elsewhere. “Several Chinese companies are interested”, he says, “but they’re not a bit concerned with JORC”. What they are interested in, is consistency of grade across the whole plateau that Regency has under license. So all Regency needs to do make sure that drilling takes place right across the plateau, and report the core results to the Chinese. The Chinese will then do their own inferring, without recourse to the Joint Ore Reserves Committee.
Andrew Bell also notes that not a million miles away, across what was known in the old days as the South Seas, Toledo started direct shipping nickel ore from its project in the Philippines before it had proved up a resource. This is mining the old fashioned way, mining before the world was turned upside down by Bre-X, mining when you know the ore is there, and don’t have to prove it to anyone except your buyers. But in these fragile markets the only people with the confidence to approach things that way are at very different ends of the spectrum – the world’s sizeable community of artisanal miners, who mine what they see and worry about tomorrow when it comes, and the Chinese, who have the financial muscle and the overwhelming economic need to buy first and ask questions later.
www.minesite.com/nc/minews/singlenews/...nickel-project/1.html
Regency Mines dreht Gewinn nach Nickel-Preise und erholen assoziieren Red Rock steigert Gewinn 
For the six-months ended 31 December 2009, Regency Mines (AIM: RGM) reported a pretax profit of £388,164 compared to a £1.4m loss in the comparative period in 2008, and said it is loolking ahead with confidence. Für die sechs Monate zum 31. Dezember 2009, Regency Mines (AIM: RGM) berichtete von einem Vorsteuergewinn von £ 388.164 zu einem £ 1,4 Mio. Verlust in der Vergleichsperiode im Jahr 2008 verglichen, und sagte, dass es mit Zuversicht loolking.
The company owns almost 30% of Red Rock Resources (AIM: RRR), and this investment contributed £634,001 to Regency in the half-year period. Das Unternehmen besitzt fast 30% der Red Rock Resources (AIM: RRR), und diese Investitionen dazu beigetragen £ 634.001 zu Regency in der Halb-Jahres-Zeitraum. The strong financial performance was also buoyed by a surplus on the revaluation of available for-sale financial assets and exploration properties. Die starke finanzielle Leistung wurde auch durch einen Überschuss bei der Neubewertung der zur Veräußerung verfügbaren finanziellen Vermögenswerten und Explorationsliegenschaften Auftrieb.
The year-on-year rise in the value of exploration properties was boosted by a write-back of provisionally written-off exploration expenditure. Das im Vergleich zum Vorjahr gestiegene Wert der Exploration Eigenschaften wurde von förderten ein write-back von vorläufig abgeschrieben Explorations-Ausgaben.
Regency said that last year nickel prices were hitting their lows and pessimism about the world economy was at an extreme, consequently it seemed appropriate to assume no value in exploration carried out. Regency sagte, dass im letzten Jahr wurden Preise Nickel schlagen ihren Tiefständen und Pessimismus über die Weltwirtschaft war eine extreme, also erschien es sinnvoll, keinen Wert in der Exploration durchgeführt übernehmen. However following the recovery in nickel prices and in stainless steel demand, at the time of audit, the company believed no provision was deemed necessary. Doch nach der Erholung in Nickel-Preise und die Nachfrage aus Edelstahl, zum Zeitpunkt der Prüfung, glaubt das Unternehmen keine Vorschrift notwendig erachtet wurde.
The assessment of Regency's Mambare project in Papua New Guinea is continuing, and the company said that it is working closely with its partners at Direct Nickel Pty on structuring the project's next steps. Die Beurteilung der Regency's Mambare Projekt in Papua-Neuguinea wird fortgesetzt, und die Firma sagte, dass es arbeitet eng mit seinen Partnern auf Direct Nickel Pty auf die Strukturierung des Projekts nächsten Schritte. 'We await the imminent release of new geophysical data by the Papua New Guinea government, following which we will embark on the next stage of exploration', Regency said. "Wir haben die bevorstehende Freigabe von neuen geophysikalischen Daten durch die Regierung Papua-Neuguineas erwarten, nach denen wir uns auf die nächste Stufe der Exploration" begeben, sagte Regency.
Elsewhere, an initial drill programme has begun at the Western Australian tenements, in the Lake Johnstone greenstone belt, and the first phase of 2,600m drilling has been completed. Anderswo, eine anfängliche Bohrprogramm hat an der Western Australian Mietskasernen begonnen, in der Johnstone Lake Greenstone Belt, und die erste Phase des 2.600 m Bohrungen abgeschlossen wurde. Regency said that the programme targets potential gold and nickel mineralisation, and initial encouraging indications are that the geological boundary has been found, and the right type of rocks are present. Regency sagte, dass das Programm potenziellen Gold-und Nickel-Mineralisierung Ziele und erste ermutigende Anzeichen dafür, dass die geologische Grenze gefunden wurde, und die richtige Art von Gestein vorhanden sind.
Also the company has acquired more promising tenements in Western Australia and it is reviewing the extensive portfolio, with a view to optimising the potential value through joint-ventures, disposals or exploration. Auch hat das Unternehmen mehr Erfolg versprechen Liegenschaften in Westaustralien erworben und es ist die Überprüfung der umfangreichen Portfolio, mit Blick auf die Optimierung der potenziellen Wert durch Joint-Ventures, Veräußerungen oder Exploration.
Regency said it continuously reviews opportunities, but as it believes in the long term investment fundamentals for nickel are now improving, it expects to retain a focus on the company's core commodity. Regency, sagte sie kontinuierlich Bewertungen Chancen, aber wie es glaubt an den langfristigen Investitionen Fundamentaldaten für Nickel sind jetzt verbessert, erwartet es zu einer Fokussierung auf das Kerngeschäft des Unternehmens Ware behalten.
For the remainder of the financial year, Regency said that it looks to the remaining months with considerable confidence and it believes that the prospects for Red Rock are exceptional. Für den Rest des Geschäftsjahres, sagte Regency, dass sie die verbleibenden Monate mit ziemlicher Sicherheit sucht und sie glaubt, dass die Aussichten für die Red Rock außergewöhnlich sind. Furthermore, it expects to have developments of its own to announce, Regency stated. Ferner ist an die Entwicklung der eigenen zu verkünden haben erwartet, erklärte Regency.
Finanzierungen. Die Aktie von Regency werden zu einen immer höheren Preis an Investoren veräußert und zuletzt mit 3 Penny pro Aktie.
http://www.londonstockexchange.com/exchange/news/...cementId=10713364
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RNS Number : 1148O RNS-Nummer: 1148O
Regency Mines PLC Regency Mines plc
23 June 2010 23. Juni 2010

Regency Mines PLC Regency Mines plc
('Regency Mines' or the 'Company') ("Regency Mines 'oder das' Unternehmen ')
Exploration Update - Western Australia Explorations-Update - Western Australia
23 June 2010 23. Juni 2010
Regency Mines, the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea announces an update on its recent exploration activity in Western Australia. Regency Mines, der Exploration und dem Abbau mineralischer Investmentgesellschaft mit Beteiligungen in Kupfer und Nickel in Westaustralien, Queensland, und Papua-Neuguinea gibt ein Update seiner jüngsten Explorationsaktivitäten in Westaustralien.
SUMMARY ZUSAMMENFASSUNG
The Company has successfully carried out Phase 1 of its reconnaissance air core drilling programme on the Munglinup North Project that lies within the Lake Johnston Greenstone Belt area of Western Australia (Figure 1). Das Unternehmen hat erfolgreich Phase 1 der Aufklärung Luftkern Bohrprogramm auf dem Munglinup North Projekt, das innerhalb der Lake Johnston Greenstone Belt Gebiet von West-Australien (Abbildung 1) liegt durchgeführt.
Figure 1: http://www.rns-pdf.londonstockexchange.com/rns/1148O_-2010-6-23.pdf Abbildung 1: http://www.rns-pdf.londonstockexchange.com/rns/1148O_-2010-6-23.pdf
The objectives of this phase were: Die Ziele dieser Phase waren:
1) to conduct enough air core drilling to ascertain the underlying geology and reason for geophysical anomalies (Figure 2) 1) zur Durchführung genug Luft Kernbohrungen auf die zugrunde liegenden Geologie und den Grund für geophysikalische Anomalien festzustellen (Abbildung 2)
2) to test for greenstone occurrences under cover that could indicate associated mineralisation. 2) zum Grünstein Vorkommen unter dem Deckmantel, dass die Mineralisierung assoziiert könnte darauf hindeuten, zu testen.
Figure 2: http://www.rns-pdf.londonstockexchange.com/rns/1148O_1-2010-6-23.pdf Abbildung 2: http://www.rns-pdf.londonstockexchange.com/rns/1148O_1-2010-6-23.pdf
The benefit of air core drilling in areas of extensive cover is that it allows geochemical exploration of the zone from near surface down to bedrock for indications of mineralisation at deeper levels. Der Vorteil der Luft Kernbohrungen in Gebieten mit extensiver decken ist, dass es geochemischen Exploration der Zone erlaubt aus der Nähe der Oberfläche bis auf Grundgestein Anhaltspunkte für eine Mineralisierung in tieferen Ebenen.
This preliminary work was completed in March 2010, with drilling of 2,401m in 51 drillholes, and covered a sample of two anomalous target zones, T1 and T3 (Figure 3). Diese Vorarbeiten wurde März 2010 abgeschlossen, mit Bohrungen von 2.401 m in 51 Bohrlöchern und bedeckte eine Stichprobe von zwei anomale Zielgebiete, T1 und T3 (Abbildung 3). Plans for Phase 2 of the drilling programme are underway. Die Pläne für Phase 2 des Bohrprogramms sind im Gange. This will include infill drilling to outline the structurally controlled sulphide zones and deeper Reverse Circulation drilling to explore the source of the near surface base metal mineralisation encountered. Dazu gehören Infill-Bohrungen, die strukturell kontrollierte Sulfidzonen und Reverse-Circulation-Bohrungen tiefer die Quelle nahe der Oberfläche Grundmetallmineralisierung erkunden gestoßen zu skizzieren.
Figure 3: http://www.rns-pdf.londonstockexchange.com/rns/1148O_2-2010-6-23.pdf Abbildung 3: http://www.rns-pdf.londonstockexchange.com/rns/1148O_2-2010-6-23.pdf
TARGET 1 TARGET 1
T1 tested an electromagnetic conductor at the interpreted boundary of the Archaean Yilgarn craton and the Proterozoic Albany Fraser Metamorphic Zone. T1 getestet eines elektromagnetischen Leiters an der Grenze interpretiert der archaischen Yilgarn Kraton und der Proterozoikum Albany Fraser Metamorphische Zone. Assay results showed traces of base and precious metals down to basement, though not at economic levels. Die Untersuchungsergebnisse zeigten Spuren von Basis-und Edelmetallen bis zu Keller, aber nicht auf wirtschaftlicher Ebene. However the southernmost drill line encountered significant sulphide levels in all holes. Doch die südlichste bohren Linie begegnet erheblichen Sulfid Ebenen in alle Löcher. Sulphide intersections were not expected and are potentially significant. Sulfid Kreuzungen waren nicht zu erwarten sind und potenziell bedeutsam. The westernmost hole of the southern line intersected 24m of sulphide at an average grade of 10.6% with a maximum grade of 18% sulphide. Der westlichste Loch der südlichen Linie durchschnitten 24m von Sulfid mit einem Durchschnittsgehalt von 10,6% mit einer maximalen Gehalt von 18% Sulfid. This hole ended in a sulphide mineralisation grade of 8.87%.. Dieses Loch endete in einer Sulfid-Mineralisierung Note 8,87% .. The same drill hole MNAC2007 also contained high levels of Titanium, with an average grade of up to 2.24% Ti. Das gleiche Bohrung MNAC2007 auch ein hohes Maß an Titan enthalten, mit einem durchschnittlichen Gehalt von bis zu 2,24% Ti. The mineralization at MNAC2007 is open in all directions (Figure 4). Die Mineralisierung auf MNAC2007 ist in alle Richtungen (Abbildung 4) zu öffnen. Other intersects of interest include Ti, Pb, Cu, Zn, Co, Ag and traces of PGE's. Andere schneidet der Sehenswürdigkeit Ti, Pb, Cu, Zn, Co, Ag und Spuren von PGE's. These results are presented in Table 1 below and shown in context in Figure 5. Diese Ergebnisse sind in Tabelle 1 dargestellt und im Kontext dargestellt in Abbildung 5. Thin section analysis of the rock chips collected from the drilling at T1 is also being undertaken to identify the sulphide source of this weathered material. Dünnschliff Analyse des Gesteins Chips aus der Bohrung bei T1 gesammelt wird auch durchgeführt, um die Sulfid-Quelle dieses verwitterte Material zu identifizieren.
Table 1 Tabelle 1
Hole ID Hole ID | Easting Rechtswert | Northing Hochwert | Azimuth/Dip Azimut / Dip | From Von | Intersect (m) Schnittmenge (m) | Grade Grad |
MNAC4033 MNAC4033 | 304337 304337 | 6301946 6301946 | 310/-60 310/-60 | 32 32 | 4 4 | 11.5g/t Ag 11.5g / t Ag |
MNAC3017 MNAC3017 | 304091 304091 | 6301911 6301911 | 320/-60 320/-60 | 24 24 | 2 2 | 0.07% Cu 0,07% Cu |
|
|
|
| 30 30 | 3 3 | 0.04% Cu 0,04% Cu |
|
|
|
| 32 32 | 1 1 | 40ppb Pt 40ppb Pt 49ppb Pd 49ppb Pd |
MNAC3030 MNAC3030 | 304554 304554 | 6301447 6301447 | 310/-60 310/-60 | 28 28 | 1 1 | 0.07% Cu 0,07% Cu |
|
|
|
| 31 31 | 1 1 | 0.52% Zn 0,52% Zn |
MNAC2007 MNAC2007 | 304093 304093 | 6301343 6301343 | 310/-60 310/-60 | 8 8 24 24 | 28 28 24- EOH 24 - EOH | 2.24% Ti 2,24% Ti 10.6% S 10,6% S |
MNAC2009 MNAC2009 | 304164 304164 | 6301273 6301273 | 310/-60 310/-60 | 32 32 | 4 4 | 0.07% Pb 0,07% Pb |
MNAC1466 MNAC1466 | 302750 302750 | 6310600 6310600 | 270/-60 270/-60 | 20 20 | 8 8 | 0.24% Ni 0,24% Ni |
|
|
|
| 24 24 | 4 4 | 19ppb Pt 19ppb Pt 13ppb Pd 13ppb Pd |
PMNAC1467 PMNAC1467 | 302800 302800 | 6310600 6310600 | 270/-60 270/-60 | 36 36 | 8 8 | 0.14%Ni 0,14% Ni |
Samples have been composited on 4m and sent to Amdel Ultratrace Laboratory. Die Proben wurden auf 4m worden zusammengesetzt und an Amdel Ultraspurenanalytik Laboratory. Assay method is ICP Mass Spectrometry for AG, Pb, Pt, Pd and Optical EmissionSpectrometry for Co, Cu, Ni, Ti and using 40g charge. Assay-Methode ICP-Massenspektrometrie für Ag, Pb, Pt, Pd und optische EmissionSpectrometry für Co, Cu, Ni, Ti und mit 40g Ladung.
Figure 4: http://www.rns-pdf.londonstockexchange.com/rns/1148O_3-2010-6-23.pdf Abbildung 4: http://www.rns-pdf.londonstockexchange.com/rns/1148O_3-2010-6-23.pdf
Figure 5: http://www.rns-pdf.londonstockexchange.com/rns/1148O_4-2010-6-23.pdf Abbildung 5: http://www.rns-pdf.londonstockexchange.com/rns/1148O_4-2010-6-23.pdf
The importance of the sulphide discovery at T1 is that the significant sulphide levels encountered may be an indicator of further sulphides along the south-western extension of the conductor, with potential for base and precious metal zones at depth. Die Bedeutung der Entdeckung Schwefelwasserstoff bei T1 ist, dass die bedeutenden Sulfid Ebenen kann ein Indikator für weitere Sulfide entlang der südwestlichen Verlängerung des Dirigenten, mit Potenzial für unedlen und Edelmetallen Zonen in der Tiefe angetroffen. The shallow depth tested by air core lies within the weathered zone where mineralization is potentially depleted. Die geringe Tiefe von Luftkern getestet liegt innerhalb der verwitterten Zone, wo die Mineralisierung möglicherweise erschöpft ist. Further drilling along strike and at depth will be carried out to test this hypothesis. Weitere Bohrungen entlang des Streichens und in der Tiefe durchgeführt werden, um diese Hypothese zu testen.
TARGET 3 ZIEL 3
At T3, a magnetic anomaly, weathered ultramafics were encountered with anomalous Ni and PGE's from 2 holes substantiating the hypothesis that the greenstone belt extends further south than previously thought. Bei T3, eine magnetische Anomalie, verwitterte Ultramafite mit anomaler Ni und PGE von 2 Löchern und untermauerte die These, dass die Grünsteingürtel weiter südlich als bisher gedacht aufgetreten. However, levels of mineralization were insufficient to justify deeper drilling at this site. Allerdings waren Ebenen der Mineralisierung ausreichen, um tiefere Bohrungen an dieser Stelle zu rechtfertigen. Further and deeper drilling at other targets along the belt will be carried out at a later stage. Weiter und tiefer Bohrungen in anderen Zielen entlang des Bandes erfolgt zu einem späteren Zeitpunkt durchgeführt werden.
OTHER SONSTIGE
The Company proposes to initiate exploration of its gold/nickel prospective Kambalda license with a VTEM Survey. Das Unternehmen schlägt vor, Exploration seiner Gold / Nickel prospektiven Kambalda Lizenz mit einer VTEM-Untersuchung einzuleiten.
An update on progress at Regency Mines' Mambare lateritic nickel deposit will be released shortly. Ein Update über die Fortschritte bei Regency Mines Mambare Nickel-Laterit-Lagerstätte wird in Kürze veröffentlicht werden.
The geophysical and geological information in this announcement has been prepared by Grant Donnes,BSc(Hons), and Helen Salmon, BSc(Hons). Die geophysikalischen und geologischen Informationen in dieser Ankündigung hat Hons) erstellt von Grant Donnes, BSc (Hons), und Helen Salmon, BSc (. Grant Donnes is a consultant working for the Company and a Member of the Australian Institute of Geoscientists and of the Australian Society of Exploration Geophysicists. Grant Donnes ist ein Berater arbeiten für das Unternehmen und ein Mitglied des Australian Institute of Geoscientists und der australischen Gesellschaft für Exploration Geophysiker. Helen Salmon is a geologist working for the company, a Fellow of the Geological Society and a Member of the Mineralogical Society. Helen Salmon ist ein Geologe für das Unternehmen tätig, ein Mitglied der Geological Society und Mitglied der Mineralogischen Gesellschaft.
For further information contact: Für weitere Informationen kontaktieren Sie:
Andrew Bell Andrew Bell | 0207 402 4580 or 07766 474849 0207 402 4580 oder 07766 474849 | Regency Mines plc Regency Mines plc | Chairman Vorsitzender |
Peter Trevelyan-Clark/Ben Jeynes Peter Trevelyan-Clark/Ben Jeynes | 020 7444 0800 020 7444 0800 | Religare Capital Markets Religare Capital Markets | Nominated Adviser Nominiert Berater |
Nick Emerson Nick Emerson | 01483 413500 01483 413500 | Simple Investments Ltd Einfache Investments Ltd | Broker Broker |
Ron Marshman/Justine James Ron Marshman / Justine James | 020 7011 9411 020 7011 9411 | City of London PR City of London PR | Public Relations Public Relations |
Updates on the Company's activities are r egularly posted on its website www.regency-mines.com . Updates auf die Aktivitäten des Unternehmens sind r egularly auf ihrer Website veröffentlicht www.regency-mines.com.
| Gesellschaft | Regency Mines PLC Regency Mines plc | |
| TIDM TIDM | RGM RGM | |
| Headline Überschrift | Strategic investment Strategische Investition | |
| Released Veröffentlicht | 13:17 12-Nov-2010 13.17 12-Nov-2010 | |
| Number Anzahl | 1078W13 1078W13 |
RNS Number : 1078W RNS-Nummer: 1078W
Regency Mines PLC Regency Mines plc
12 November 2010 12 November 2010

Regency Mines PLC Regency Mines plc
('Regency', 'Regency Mines' or the 'Company') ("Regency", "Regency Mines 'oder das' Unternehmen ')
Strategic Investment in Oracle Coalfields PLC Strategische Investitionen in Oracle Coalfields PLC
12 November 2010 12 November 2010
Regency Mines (AIM: RGM), the mining exploration and mineral investment company with interests in nickel and other metals in Western Australia, Queensland, and Papua New Guinea announces that it has entered into an agreement with Oracle Coalfields PLC ("Oracle") to subscribe for shares in Oracle and expects thereafter to assist Oracle in the development of its business. Regency Mines (AIM: RGM), der Exploration und dem Abbau mineralischer Investmentgesellschaft mit Beteiligungen in Nickel und anderen Metallen in Westaustralien, Queensland, und Papua-Neuguinea gibt bekannt, dass es eine Vereinbarung mit Oracle Coalfields PLC ("Oracle") abgeschlossen hat zur Zeichnung von Aktien in Oracle und erwartet danach zu Oracle bei der Entwicklung ihres Geschäfts zu unterstützen.
The Transaction Die Transaktion
Oracle is a company incorporated in England and Wales with 165,711,000 ordinary shares of 0.1 pence par value ("Oracle Shares") in issue. Oracle ist eine Firma in England und Wales mit 165.711.000 Stammaktien von 0,1 Pence Nennwert ("Oracle-Aktien") in der Ausgabe enthalten. Oracle (PLUS: ORCP) is traded on PLUS-Quoted, an unlisted securities Exchange Regulated Market operated in London by PLUS Markets plc, a recognised investment exchange and a Market Operator under the Markets in Financial Instruments Directive (MiFID). Oracle (PLUS: ORCP) auf PLUS-Zitat, eine nicht börsennotierte Wertpapiere gehandelt Exchange Regulated Market in London betrieben von PLUS Markets plc, einem anerkannten Börsenplatz und Marktbetreiber, der im Rahmen des "Markets in Financial Instruments Directive (MiFID).
Regency has agreed to subscribe for 18,500,000 new Oracle Shares ("New Oracle Shares") at a price of 5.5 pence for each New Oracle Share (the "Subscription"), with the £1,017,500 consideration payable in cash and expected settlement on 24 November 2010. Following the Subscription, Regency will hold approximately 10.04 per cent. Regency hat sich bereit erklärt, für 18,5 Mio neue Aktien Oracle ("Neue Oracle-Aktien") zu einem Preis von 5,5 Pence für jede neue Oracle Aktie (der "Subscription"), mit dem £ 1.017.500 Gegenleistung in bar zahlbar und erwartet Siedlung am 24 November 2010 anmelden . Nach dem Abonnement wird Regency ca. 10,04 Prozent halten. of the enlarged issued share capital of Oracle. der erweiterten Aktienkapitals von Oracle.
It is the announced intention of Oracle to seek admission to trading on AIM in the first half of 2011. Es ist die angekündigte Absicht von Oracle die Zulassung zum Handel am AIM suchen in der ersten Hälfte des Jahres 2011. In consideration of the Subscription, Oracle has agreed that Regency will be given the right, but will have no obligation, to subscribe, at the time of admission to trading on AIM or another recognised market ("Listing"), for up to such number of Oracle Shares as, when aggregated with the New Oracle Shares, will constitute 20 per cent. Unter Berücksichtigung der Abonnement hat Oracle sich einig, dass Regency wird das Recht gegeben werden, wird aber keine Verpflichtung haben, zu abonnieren, zum Zeitpunkt der Zulassung zum Handel am AIM oder einer anderen anerkannten Markt ("Listing"), für bis zu dieser Zahl Oracle-Aktien wie wird aggregiert mit dem New Oracle-Aktien, bilden 20 Prozent. of the issued share capital of Oracle following Listing (the "Subscription Right"). des ausgegebenen Aktienkapitals von Oracle folgende Listing (die "Bezugsrecht"). The Subscription Right will be exercisable at the price at which Oracle offers stock for subscription by third parties at Listing. Das Bezugsrecht wird ausübbar zu dem Preis, den Oracle hat für die Zeichnung durch Dritte Listing.
The Business and Assets of Oracle Das Geschäft und die Vermögenswerte von Oracle
Oracle Coalfields plc, through its 80 per cent. Oracle Coalfields plc, durch seine 80 Prozent. owned subsidiary Sindh Carbon Energy Limited, holds an exploration license over the 66.1 sq km Block VI of the Thar Coalfield in Sindh Province, Pakistan, some 380 km distant from Karachi, as well as other licenses. Tochtergesellschaft Sindh Carbon Energy Limited, hält eine Explorationslizenz über die 66,1 km ² Block VI des Thar Revier in der Provinz Sindh, Pakistan, rund 380 Kilometer von Karachi, sowie weitere Lizenzen. Block VI is situated 32km from the town of Islamkot with close proximity to roads and power networks. This license has recently been renewed for a year to 25 November 2011. Block VI ist 32km von der Stadt Islamkot mit unmittelbarer Nähe zu Straßen-und Stromnetze gelegen. Diese Lizenz wurde vor kurzem für ein Jahr auf 25 erneuert worden November 2011. Prior to the acquisition of the licence, extensive exploration had been commissioned by the Sindh Coal Authority, Government of Sindh, to delineate a resource. Further site work programme is currently underway by Oracle to complete a feasibility study with an objective of developing a coal mine. Vor dem Erwerb der Lizenz, umfangreiche Exploration war von der Sindh Coal Authority, Regierung von Sindh, in Auftrag gegeben worden, um eine Ressource zu beschreiben. Weitere Website Arbeitsprogramm wird derzeit von Oracle, eine Machbarkeitsstudie mit dem Ziel der Entwicklung einer Kohlegrube komplett . As disclosed in announcements by Oracle, UK coal consultants Dargo Associated Limited have defined a JORC Measured Resource of 1,423m tonnes of lignite coal in the license area, with an open-pittable Proven Reserve of 371m tonnes defined in part of the licence. Oracle has reported that the coal at Block VI has an average calorific value of 3,537 kcal/kg, a moisture content of 40% which can be reduced to 14% by drying, a sulphur level of 1.2% and an ash content of 7.5% which is low when compared to typical lignite coals and further that the coal quality is suitable for power plants and industry, particularly in the cement sector. Wie in Ankündigungen von Oracle offenbart, UK Kohle Berater Dargo Dritter definiert haben eine JORC Gemessen Ressource von 1.423 m Tonnen Braunkohle im Lizenzgebiet, mit einem Open-pittable nachgewiesenen Reserven von 371 Mio. Tonnen im Rahmen der Lizenz definiert. Oracle hat berichtet, dass die Kohle in Block VI eine durchschnittliche Heizwert von 3.537 kcal / kg, mit einem Feuchtigkeitsgehalt von 40%, die zu 14% durch Trocknung reduziert werden kann, einen Schwefelgehalt von 1,2% und einem Aschegehalt von 7,5%, was niedrig ist im Vergleich zu typischen Braunkohle Kohlen und ferner, dass die Kohle Qualität geeignet für Kraftwerke und Industrie, vor allem in der Zementindustrie.
Memoranda of Understanding have been announced with Karachi Electric Supply Company for a joint venture mine mouth power station, and with Lucky Cement Limited for coal supply. Absichtserklärungen wurden mit Karachi Electric Supply Company für ein Joint Venture mein Mund Kraftwerk angekündigt und mit Lucky Cement Limited für Kohle zu versorgen. Oracle has appointed SRK Consultants UK Limited to conduct a bankable feasibility study ("BFS") which is targeted for completion during 2011 and Wardell Armstrong International to conduct an Environmental and Social Impact Assessment. Oracle hat ernannt SRK Consultants UK Limited, eine Machbarkeitsstudie ("BFS"), die für die Fertigstellung im Jahr 2011 und Wardell Armstrong International ausgerichtet ist auf eine umwelt-und sozialverträgliche Folgenabschätzung Verhalten befragen. Following the completion of the BFS Oracle intends to seek conversion to a Mining License, and to start mine development and production in 2012, subject to timely completion of BFS and capital investment, at an initial level of 2.5m tpa to 3.5m tpa of coal. Nach Abschluss der BFS Oracle beabsichtigt Umwandlung in eine Bergbau-Lizenz zu suchen und mir die Entwicklung und Produktion im Jahr 2012, vorbehaltlich des rechtzeitigen Abschluss der BFS und Investitionen, bei einem Ausgangsniveau von 2,5 m bis 3,5 m tpa starten tpa von Kohle .
Financial details Finanzielle Details
In the year to 31 December 2009, Oracle disclosed in its audited accounts a loss after tax of £235,230 and held cash and cash equivalents at that date of £5,859. In den zwölf Monaten bis 31. Dezember 2009, veröffentlicht Oracle in den geprüften Abschluss einen Verlust nach Steuern von £ 235.230 und hielt Zahlungsmittel und Zahlungsmitteläquivalente zu diesem Zeitpunkt von 5859 £. Shareholders' Funds amounted to £527,937. Eigenkapital belief sich auf £ 527.937. In the six months to 30 June 2010, unaudited interim results disclosed a loss after tax of £79,549 with cash and cash equivalents of £977,913. In den sechs Monaten bis 30. Juni 2010, veröffentlicht ungeprüfte Ergebnisse einen Verlust nach Steuern von £ 79.549 mit liquiden Mitteln von 977.913 £. Shareholders' Funds amounted to £1,387,206. Eigenkapital belief sich auf £ 1.387.206. During June 2010 Oracle raised £1,041,690 before expenses by the issue of 34,722,999 new Oracle Shares to investors at 3 pence per Oracle Share. Während Juni 2010 Oracle erhoben 1.041.690 £ vor Kosten durch die Ausgabe von 34.722.999 neuen Aktien an Oracle Investoren bei 3 Pence pro Oracle Aktie. This was the largest fundraising carried out on PLUS in 2010. Dies war der größte Spendenaktion durchgeführten PLUS im Jahr 2010.
Reasons for the Transaction Gründe für das Geschäft
Regency sees the opportunity to become a strategic investor in Oracle, with close cooperation in a potentially fast growing coal business with good management. Regency sieht die Chance, einen strategischen Investor in Oracle werden, in enger Zusammenarbeit in einer potenziell schnell wachsende Geschäft mit Kohle gutes Management. Regency expects Oracle if it succeeds in its objective of admission to trading on AIM to achieve greater investor recognition and support, and considers the price at which the investment is being made to be advantageous. Regency erwartet Oracle, wenn es in ihrem Ziel, die Zulassung zum Handel am AIM größere Anleger Anerkennung und Unterstützung zu erreichen gelingt, und hält den Preis, zu dem die Investition durchgeführt wird sich als vorteilhaft. The investment is consistent with Regency's philosophy of seeking strategic long term involvements in projects where the scale of planned operations and the price of entry create the opportunity of large and compounding long term returns. Die Investition steht im Einklang mit Regency-Philosophie der Suche nach strategischen langfristigen Engagements in Projekten, bei denen der Umfang der geplanten Maßnahmen und der Preis der Eintrag die Möglichkeit schaffen, von großen und Compoundierung langfristig Renditen.
The investment will diversify Regency and take it into a major new area, where it believes it can add value for its new partners. Die Investition wird zu diversifizieren Regency und nehmen Sie sie zu einem wichtigen neuen Bereich, wo es glaubt, sie kann den Wert für ihre neue Partner hinzu.
Further information about the business of Oracle may be found in the news announcement issued by Oracle today on the PLUS website, at: Weitere Informationen über das Geschäft von Oracle kann in der news-Mitteilung von Oracle heute veröffentlichten am PLUS Website finden Sie unter:
http://www.plusmarketsgroup.com/overview.shtml?ISIN=GB00B23JN426/GBX/PLUS-exn http://www.plusmarketsgroup.com/overview.shtml?ISIN=GB00B23JN426/GBX/PLUS-exn
Other Andere
Regency Mines plc has noted the rise in its share price during the week and notes the announcement made on 9 November by its 20.96% associated company Red Rock Resources plc (AIM:RRR) which reported on developments at RRR's Colombian gold mining operations, including an additional loan facility, and on completion of an acquisition and an increase in mineral resources at RRR's 5.23% ASX quoted investment Jupiter Mines Limited (ASX:JMS). Regency Mines plc hat Wochen stellte einen Anstieg des Aktienkurses während der und nimmt die Ankündigung November gemacht am 9. durch seine 20,96% Beteiligungsgesellschaft Red Rock Resources plc (AIM: RRR), die Aktivitäten berichtet über die Entwicklung der kolumbianischen bei RRR Goldbergbau, einschließlich einer zusätzliche Darlehen, und bei Abschluss eines Erwerbs und einer Zunahme der mineralischen Ressourcen in RRR's 5,23% ASX börsennotierte Beteiligungsgesellschaft Jupiter Mines Limited (ASX: JMS). The full text of the RRR announcement may be viewed at http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10709670 . RGM's investment in RRR represents approximately 85% RGM's current market capitalisation (assuming RRR/RGM share prices of 11.75p/3.925p). Der vollständige Text der Bekanntmachung kann bei RRR eingesehen werden http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10709670 . RGM Investitionen in RRR repräsentiert etwa 85% der RGM aktuelle Marktkapitalisierung (vorausgesetzt RRR / RGM Aktienkurse 11.75p/3.925p).
Regency Mines continues to make progress in its exploration in Australia and in its Mambare joint venture, where further exploration is being planned, and an update will be released shortly. Regency Mines weiterhin Fortschritte bei der Exploration in Australien und in seiner Mambare Joint Venture, in denen weitere Erkundung geplant ist zu machen, und ein Update wird in Kürze veröffentlicht werden.
Enquiries: Rückfragen:
Andrew Bell Andrew Bell | 0207 402 4580 or 0207 402 4580 oder 07766 474849 07766 474849 | Regency Mines plc Regency Mines plc | Chairman Vorsitzender
|
Sandra Spencer Sandra Spencer | 0207 402 4580 or 0207 402 4580 oder 07757 660 798 07757 660 798 | Red Rock Resources plc Red Rock Resources plc | Public and Investor Relations Public und Investor Relations |
Peter Trevelyan-Clark/ Ben Jeynes Peter Trevelyan-Clark / Ben Jeynes | 020 7444 0800 020 7444 0800 | Religare Capital Markets Religare Capital Markets | Nominated Adviser Nominiert Berater |
Nick Emerson Nick Emerson | 01483 413500 01483 413500 | Simple Investments Ltd Einfache Investments Ltd | Broker Broker |
Updates on the Company's activities are regularly posted on its website, www.regency-mines.com. Updates auf die Aktivitäten des Unternehmens werden regelmäßig auf ihre Website gestellt, www.regency-mines.com.
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