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VANE MINERALS, A Cheaper And Lower Risk Route Into The Uranium Market. (VML)     

goldfinger - 08 Mar 2005 09:20

UPDATE UPDATE UPDATE..

COMPANY WEB SITE.........

http://www.vaneminerals.com/

THE PRICE OF URANIUM IS GOING BALISTIC...

The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

Analysts are debating over wether the SP of Uranium increase will be three fold within 2007?.

Looks like to me, the best play on the UK market for Uranium and it hasnt gotten away yet like the other two ZBA Zareba and URA Uranium which have multi bagged. Its also in a position to fund its development with a new gold mine producing. Ive added twice this morning and think this one could be very big. Heres the announcement...........

Vane Minerals PLC
07 March 2005


VANE Minerals plc (AIM: VML)

VANE Announces Diversification Into Uranium Exploration And Development

Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.

To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.

VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.

Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'

Enquiries:

VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713

cheers GF.

p.php?pid=legacydaily&epic=VML&type=1&si

cynic - 21 Apr 2006 10:07 - 1224 of 2220

Why the xcitment over VML? ...... someone says "tickingh up nicely today", when in fact it has moved just 0.25p on a share with a potential/probable 2p spread!

Dynamite - 21 Apr 2006 10:26 - 1225 of 2220

Cynic...as I bought in yesterday lunchtime @ 12p and this morning it ticked up to 13.5/14.5 ...it was going up nicely...now the spread has widened and sell price dropped back a bit...lots of news likely on VML so yes I am excited.
Di

soul traders - 21 Apr 2006 10:36 - 1226 of 2220

Good morning Uranium-Fans!! - FYI UraMin has just been admitted for trading on AIM, with an indicative spread of 70p/75p. At a market cap of over 120 million, this looks expensive to me, but could be worth keeping an eye on. PDYOR.

hlyeo98 - 22 Apr 2006 12:19 - 1227 of 2220

Vane is making a headway now

Dynamite - 24 Apr 2006 10:11 - 1228 of 2220

Wow I'm happy to have bought VML at 12p last week:

Vane Minerals PLC
24 April 2006

VANE Minerals Plc (AIM: VML)

Freeport Agreement Extended to June 2007


VANE Minerals ('VANE' or 'the Company) is pleased to announce a further
extension of its exclusive agreement with Freeport McMoRan Copper and Gold Inc.
('Freeport'). The agreement, originally signed on 1 October 2002, has again been
extended by a further 12 months to 30th June 2007. Under the terms of the
agreement VANE Minerals, through its wholly owned subsidiary AVEN Associates
LLC, has exclusive access to Freeport's global exploration database, excluding
Indonesia, containing more than 7,000 files dating back to1907.

The Freeport files have been preliminarily examined and several potential
prospects are currently under evaluation. The opportunities arise where targets
become viable by application of new metallurgy, advances in geological concepts,
changes in metal prices or other technological advances.

The files are also an important reference tool in evaluating opportunities
brought to VANE as potential targets. The database provides invaluable
additional information on local geology, prospectivity and historical work
undertaken on projects located within relevant geographical regions.


Enquiries:

VANE Minerals Plc Ambrian Partners Limited
Matthew Idiens Richard Brown
+44 (0) 20 7667 6322 +44 (0) 20 7776 6417

Parkgreen Communications Daniel Stewart & Co
Justine Howarth / Cathy Malins Alex Davies
+44 (0) 20 7493 3713 +44 (0)20 7776 6550


About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The team negotiated exclusive access to Freeport McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities. The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.

The Company's principal objective, as set out at the time of its listing in June
2004, is to be a self-funding exploration company. As such, the initial focus
has been to identify high grade gold-silver projects which can be brought into
production as quickly as possible in order to provide revenue towards funding
the development of potentially much larger projects. VANE is well on its way to
achieving this objective as production began at the Diablito mine in Mexico in
November 2005. The Company will use the revenue generated by this first
producing mine to help fund development work across its attractive portfolio of
gold, silver, copper and uranium assets in Mexico, Paraguay and the US.

For further information, please review: www.vaneminerals.com.




This information is provided by RNS
The company news service from the London Stock Exchange ND


goldfinger - 24 Apr 2006 11:07 - 1229 of 2220

Excelent news. Lets hope we now get a sustained rise.

Cheers GF.

Madison - 24 Apr 2006 12:24 - 1230 of 2220

Let's hope we get some INVESTORS! This share has been hammered by small traders having a disproportionate effect. I want to see the twenties again!

Cheers, Madison

goldfinger - 24 Apr 2006 13:19 - 1231 of 2220

Nice to see you again madders.

Madison - 24 Apr 2006 13:47 - 1232 of 2220

U2 GF!

Kivver - 24 Apr 2006 13:53 - 1233 of 2220

im in, need more , come on. also in on gtl amd mio. 3 to rise, dont say i didnt tell you!!

Madison - 10 May 2006 14:44 - 1234 of 2220

The Company has been informed today, in accordance with S198 of the Companies
Act 1985, that as of the close of business on 5 May 2006, Commerzbank AG has
increased its holding to 14,630,000 ordinary shares of 10p each in the Company,
representing 10.01% of the issued share capital.

Cheers, Madison

hampi_man - 10 May 2006 15:08 - 1235 of 2220

Madison, what impact do you think this info will have in VML SP.

Madison - 10 May 2006 17:31 - 1236 of 2220

hampi,

I haven't checked back to the last Commerzbank rns so can't tell you for sure what their holding was before, but I'm pretty sure this is an increase by a major shareholder. That ought to reassure, if you believe they've done their homework.

As for the impact, it seems to me the SP has been governed recently by psychology, media comment and traders rather than any analysis of the company. (At the moment that has worked to keep the SP down but it can always go the other way.) I can't tell whether that will continue to be the case or not, but I do think it's a great company which by and large follows a successful strategy. So I'm still in, obviously disappointed it's been slammed over the last few months, but still optomistic that Diablito revenues will look good and other news will follow.

If (big if) they do strike lucky with uranium then the SP might go up faster than you can get in, but their range of other commodities should be at the same time a comfortable support preventing meltdown.

Don't invest more than you can afford to lose I say.

Cheers, Madison

Cheers, Madison

sidtrix - 19 May 2006 16:30 - 1237 of 2220

18-May-2006

Result of Annual General Meeting


VANE Minerals Plc (AIM: VML)

(VANE or the Company)


Result of Annual General Meeting

VANE is pleased to announce that all the resolutions proposed to shareholders at the Companys AGM held today, Monday 15th May 2006, were duly passed.

About VANE Minerals:

VANE Minerals was founded by the former international exploration team of Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of copper and gold. The team negotiated exclusive access to Freeport McMoRan's global exploration database, made up of 7,000 plus files generated over nearly 100 years of exploration and, following the review of these files, VANE is ideally placed to capitalise on project acquisition opportunities. The Company has assembled a highly qualified and experienced management team with a proven track record in exploration and development, who have spent their entire careers searching for and defining large scale mineral deposits.

The Companys principal objective, as set out at the time of its listing in June 2004, is to be a self-funding exploration company. VANE is well on its way to achieving this objective and recently made the transformation from being a pure exploration company to being a producer, with the successful development throughout 2005 of the Diablito gold and silver mine in Mexico. Diablito is currently producing at a rate of approximately 1,500 tons per month to provide gross revenues of some $420,000 per month. The Company will use the revenue generated by this first producing mine to help fund development work across its exciting exploration portfolio of gold, silver, copper and uranium assets in Mexico, Paraguay and the US.

For further information please review www.vaneminerals.com

Enquiries:

VANE Minerals Plc Matthew Idiens +44 (0) 20 7667 6322

Parkgreen Communications Cathy Malins +44 (0) 20 7493 3713

sidtrix - 12 Jun 2006 09:56 - 1238 of 2220

Vane Minerals In The Press
Minesite : VANE Minerals Could Soon Be Pointing In Another Direction
Minews Story
By Rob Davies
Date: June 09, 2006

VANE Minerals expects to make a statement in a few weeks time that could mark a change of direction for this company. Before that occurs this juncture provides a good opportunity to review its progress in the last six months. VANE was formed by the international exploration team from Freeport McMoRan Copper and Gold, a good pedigree if ever there was one. It started off with the exclusive right of access to the exploration data bank that Freeport had built up since 1907 and it recently extended that agreement to last until June 2007.

It listed on AIM in June 2004 with the ambition of being a self-funding exploration company. That target looks as if it could be achieved in the near future as production at the Diablito Mine in Mexico is generating monthly revenue of US$420,000 a month. This high grade gold and silver mine lies in west central Mexico and its measured resource of 23,300 tonnes grading 12.13 g/t gold and 1,319 g/t silver is certainly a good asset to start with. On top of that there is an indicated resource of a further 11,700 tonnes and an inferred resource of a 65,000 tonnes.

At its current mining rate of 1,500 tonnes per month the company estimates it can sustain production for five years. High silver prices have doubled the revenue the mine generates from the initial estimate of US$200,000 a month. Currently the ore is shipped to a custom mill, but the company is investigating building its own flotation mill to reduce costs and improve productivity.

Drilling at the Guadalcazar site, also in Mexico, is yielding encouraging results and the company has renegotiated the bulk of the option payment of US$300,000 to be paid in October 2006 rather than October 2005.

Another commodity associated with the company is uranium after VANE moved into the south western United Stares to pick up possible breccia pipes deposits in Northern Arizona. It now has 23 with a contained resource of 305,000 pounds of contained U3O8. This region had historic production of 23 million pounds of U3O8 prior to the early nineties.

Paraguay is not a country that is greatly talked about in mining circles even though it is geologically part of the mineral rich Brazilian Precambrian Shield. But in November 2004 VANE acquired exclusive mineral rights to three large blocks in southeastern Paraguay that are considered prospective for gold and copper. A decision will be taken in September on which areas to relinquish and where the company should focus its efforts.

VANE Minerals is currently capitalised at 16million and has 0.7million in the bank. Last year's cash burn of 1.6m should be considerably less this year as revenue from the Diablito mine kicks in. With a variety of projects under its belt it will be interesting to see which way the company decides to move forward.

sidtrix - 20 Jun 2006 16:44 - 1239 of 2220

Vane Minerals In The Press
Growth Company Investor : VANE ponders uranium spinoff

Article Date: 19th June 2006

Latin American-focused VANE Minerals is contemplating floating its US uranium prospects, with a claimed potential resource exceeding seven million lbs.

AIM-quoted VANE, floated two years ago on the back of Mexican gold and silver projects from US group Freeport McMoRan's database, hopes to produce 2,500 oz of gold and 400,000 oz of silver this year from its Diablito mine in Mexico's Nayarit state. The expected 110,000-a-month income from this will be used to fund the Leeds-headquartered company's exploration projects, including Guadalcazar in Mexico, where a low-grade, 'sub marginal' deposit of four million oz has already been identified.

In addition VANE, which lost 928,000 last year, will in September start investigating 22 gold anomalies in Paraguay. This is a comparatively under-researched mineral province which VANE's veteran American mining boss Steven van Nort reckons is part of the 'Brazilian gold shield'.

More potentially exciting are the company's uranium prospects in Arizona and Utah. VANE has successfully claimed 19 targets on northern Arizona's 'Breccia Pipe' district, where four pipes have so far been confirmed with one showing a 1.78 per cent grade of uranium oxide in limited drilling.

Directors suggest each pipe could hold between one and six million lbs of uranium, whose price now stands near a historically high $45 a lb, boosted by the potential revival of nuclear power projects. van Nort and his colleagues, disappointed by a share price which has fallen from 23.75p last year to 10.25p today, say they are thinking of putting the uranium projects into a separate company and floating it off.

This possibility adds spice to the shares' speculative recovery prospects.

Growth Company Investor's award-winning team offer outstanding share recommendation performance. Get immediate access to all these recommendations - www.growthcompany.co.uk.

Robert Tyerman

Madison - 03 Aug 2006 08:19 - 1240 of 2220

Vane Minerals PLC
03 August 2006


VANE Minerals Plc (AIM: VML)

Update on Uranium Assets


Acquisition of New Uranium Prospects & Receipt of Drilling Permits


VANE Minerals Plc ('VANE') today announces that its uranium subsidiary VANE
Minerals (US) LLC ('VANE (US))' or 'the Company') has successfully acquired
exploration rights for an additional three breccia pipe prospects, Cholla, NCP-7
and CP-14, all located on Federal lands in northern Arizona. These new
acquisitions bring the total number of breccia pipe prospects in VANE's
portfolio to 22, with the total number of uranium projects in the Colorado
Plateau Uranium District now standing at 25. These 25 projects consist of 131
Federal mining claims and 5 State permits.

The breccia pipe district in northern Arizona is a relatively new district which
produced approximately 23 million pounds of uranium oxide (U3O8) prior to the
decline of uranium prices in the 1980's. Individual economic mineralised breccia
pipes generally contain between 1 million and 6 million lbs U3O8 (based on
historical data reported by Energy Fuels Nuclear, Inc).

VANE plans to undertake a drilling programme to define the value of the breccia
pipes in its suite of uranium properties and prioritise their development. The
Company has now received approval on drilling permit applications for its Miller
and Red Dike breccia pipes, two of the previously reported properties acquired
by VANE that are located on Arizona State lands, and plans to conduct deep drill
testing on these pipes. Drilling permit applications have been submitted on 9
additional pipe targets located on Federal lands in Arizona.

VANE (US) has also received approval to drill at the North Wash Project located
in Utah. As previously reported on the acquisition of the project in November
2005, this project contains an inferred resource of 150,000 pounds of U3O8 based
on data from holes drilled between 1977 and 1979 by Cotter Corporation. Assay
data also from Cotter Corporation indicated high vanadium to uranium ratios and
reported vanadium oxide grades ranging from 1.5% to 15.2%. Drilling is expected
to further define the vanadium oxide grades. This programme is planned to
coincide with drilling at the Happy Jack Project, also located in Utah, where a
review of previous exploration work has identified nine targets. VANE (US)
geologists have conducted an internal conceptual study of these properties which
determined that each property could have the potential to produce up to one
million pounds of uranium oxide.

Moving forward, VANE plans to continue permitting for drilling on all its
uranium properties. The Company continues with its programme of property
acquisitions and is in various stages of negotiation on several projects.

Michael Spriggs, Chairman of VANE commented, 'We are pleased with the further
growth of our uranium portfolio. As a result, we now have a substantial asset
base and are very well placed to capitalise on the increasing interest in the
uranium and nuclear markets. We have built up a strong land position in a key
uranium district, within a stable geopolitical environment, and are now looking
at various options which will enable us to accelerate the development of our
uranium assets.'

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc
Geology, who meets the criteria of a qualified person under the AIM rule
guidance for mining, oil and gas companies, has reviewed and approved the
technical information contained within this announcement.


About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The team negotiated exclusive access to Freeport-McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities. The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.

The Company's principal objective, as set out at the time of its listing in June
2004, is to be a self-funding exploration company. As such, the initial focus
has been to identify high grade gold-silver projects which can be brought into
production as quickly as possible in order to provide revenue towards funding
the discovery of potentially much larger projects. VANE is well on its way to
achieving this objective as production began at the Diablito silver-gold mine in
Mexico in November 2005. The Company is using the revenue generated by this
producing mine to help fund exploration work across its attractive portfolio of
gold, silver, copper and uranium assets in Mexico, Paraguay and the US.

goldfinger - 04 Sep 2006 12:11 - 1241 of 2220

Good news this morning but I wish we had more.........

Vane Minerals says encouarging drilling programme completed at Diablito
AFX


LONDON (AFX) - Vane Minerals PLC said its 100 pct owned Mexican subsidiary, Minerales VANE SA de CV, has recently completed an encouraging drilling programme at its high grade Diablito silver-gold mine, in Nayarit State, Mexico.

The Diablito mine commenced production from the Main or Lower Vein in November 2005 at a daily rate of 50 tonnes per day and is currently generating 420,000 usd of income per month, with a total mining, processing, transportation and smelting cost of 125 usd/t, the company added.

The company expects drilling work to be completed in September and will then review the mine plan with the intention of increasing the daily production

rate.

Vane also said that, in order to facilitate the additional production and generate cost savings, it is in discussion with financiers to provide a convertible debt facility for the construction of its own mill and flotation plant near the project site.

Vane chairman Michael Spriggs said the group is very encouraged by the results of this drill programme and it is confident that the additional resources will more than replenish that which has been mined to date.



newsdesk@afxnews.com


sidtrix - 12 Sep 2006 09:39 - 1242 of 2220

Pretty positive stuff, hopefully someday...

Vane Minerals Press Release : 12th September 2006
Interim Results - Six Months to June 2006
Highlights

During the six months to 30th June 2006, VANE Minerals became cash flow positive as the production profile expanded at the Diablito silver/gold mine
Expansion of the uranium portfolio
Extension of Investigation Permits over 3,400 hectares were granted by the Paraguayan Government for further evaluation of gold / copper prospects in Paraguay
Cash balances of 0.703m at 30th June 2006, virtually unchanged from the 31st December 2005 position with all exploration expenses covered from income
EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) for the period was 69,000
Post Period End Highlights:

A surface drilling programme to further define and expand existing resources was completed at the Diablito mine in early July
Planning further exploration work on 25 promising US uranium prospects
Plans in place for the construction of the Company's own mill on site near to Diablito
Phase II drilling programme commenced in July at prospective Guadalcazar gold prospect in Mexico
Successful issue of 750,000 in Convertible Loan Notes attracting 8% coupon to fund the purchase of a Mill and Flotation plant at Diablito and to rapidly advance the uranium exploration programme
Michael Spriggs, Chairman of VANE Minerals Plc, commented: "VANE Minerals' exploration and development strategy remains firmly on course, underpinned by the expanding cash flow being generated from Diablito, and the successful issue of 750,000 of convertible loan notes. The focus remains the precious metal potential of our Mexican properties and our uranium projects in the western US, but the Group remains sufficiently flexible to be able to evaluate rapidly and efficiently new opportunities as they are identified. The continuing buoyancy of precious metals and other commodity markets underlines the Group's confidence for the future."

The full Chairman's Statement and the financial statements can be downloaded from: http://www.vaneminerals.com/?page=download

goldfinger - 12 Sep 2006 11:53 - 1243 of 2220

Way undervalued.
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