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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

Global Nomad - 28 Sep 2007 08:03 - 2065 of 2220

sooner than expected

fliper - 28 Sep 2007 08:07 - 2066 of 2220

VANE Minerals Plc (AIM: VML)
('VANE' or 'the Company')

Interim Report - Six Months to 30th June 2007

Highlights

Continued production of gold and silver ore at the Diablito mine at
1,500 tonnes per month

Acquisition and commencement of construction of a mill at San Dieguito
located 18 kms from the Diablito mine

1m debt financing raised in the form of a convertible loan at 8%
interest, converting at 29p per share

9,000 tonnes of lower grade ore stockpiled ready for processing
through VANE's own mill

Acquisition of uranium breccia pipe targets increased the total number
to 34

Drilling at the North Wash stratabound uranium prospect confirmed
results obtained during the 1970s

Post Period End Highlights

Mineralised breccia pipe discovered at Miller Southwest

Number of uranium breccia pipe targets increased to 38 - further
acquisitions anticipated

Drilling commenced at North Alice Extension

San Dieguito Mill nearing completion with processing expected to
commence in October 2007

Ore mined in period to June 2007 now processed

Exploration underway at Bonanza Mine, State of Nayarit, Mexico



Michael Spriggs, Chairman of VANE Minerals Plc, commented:

'Progress made this period has been encouraging for the Company. We continue to
generate revenues via our production at Diablito; in the coming months this will
be accelerated by the expected completion of construction of the mill at San
Dieguito. VANE continues to increase its breccia pipe targets, now owning a
total of 38. We anticipate to build on this further with the aid of the
successful 1m fund raising in February and with increased exposure to the north
American market through the appointment of Westwind Partners.

The full Chairman's Statement and the financial statements follow and can also
be found at:
www.vaneminerals.com

hlyeo98 - 28 Sep 2007 08:24 - 2067 of 2220

Hi fliper long time no hear

fliper - 28 Sep 2007 08:54 - 2068 of 2220

Same with goal ! Had a good ride with UMN , hope this is next .

driver - 28 Sep 2007 15:14 - 2069 of 2220

Nice results very encouraging outlook.

Outlook
Your Company continues to examine a range of prospective targets in a wide range
of geological environments. It has the depth of technical and regional expertise
to be able to evaluate these opportunities rapidly and at low cost.

The commencement of operations at the San Dieguito Mill will reduce production
and transport costs and smooth out cash flow as we will no longer have to await
Mill availability in order to process our ore.

The current focus on uranium properties in areas of established production in
Arizona and Utah, at a time of sustained elevated uranium prices, will remain a
major exploration thrust, and we are confident that we will be able to announce
further encouraging results as this programme continues.

driver - 28 Sep 2007 15:27 - 2070 of 2220

Talk of a joint listing after this mornings announcement looks very possible would do wonders for the sp.


28 September 2007

VANE Minerals Plc (AIM:VML)

VANE Appoints Westwind Partners as Joint Broker

VANE Minerals Plc ('VANE' or 'The Company') has appointed Westwind Partners (UK)
Limited ('Westwind') as joint broker with Ambrian Partners with immediate
effect.



The appointment comes following a strategic review of the business, in which the
board considered options that would best accelerate value creation and maximise
shareholder benefit from its uranium portfolio. As well as focusing on the UK
market, Westwind, with its strong presence in Canada, will broaden VANE's
exposure in North American markets and with North American institutions. This
is particularly important given the geographic locations of VANE's assets, which
are, at present, located in the US in Northern Arizona, Utah and also Mexico and
Paraguay.
http://www.westwindpartners.ca/

graylyn2 - 29 Sep 2007 22:00 - 2071 of 2220

Presentation worth reading.......................

http://www.vaneminerals.com/userfiles/file/VANE%20July%2007%20Presentation.pdf

Current Portfolio................(correct as in presentation in JULY 2007)

Diablito (Gold / Silver Mexico)
Production 1500t-2000t per month
Net revenue +/- US$ 220,000 per month
Expanded resource by 52% to141,277t at 6.07 g/t Au & 684 g/t Ag
Paraguay Exploration (Gold / Copper)
Total of 3445km Investigation Permits
2 significant targets identified to date
Drilling planned H2 2007
Guadalcazar (Gold Mexico)
Offers potential to define a large gold deposit
JV partner being actively sought
Uranium Properties (Colorado Plateau USA)
Northern Arizona Breccia Pipe District (32 drilling targets)
Happy Jack Mine offering near-term production potential
North Alice extension
North Wash Project

Recent.................. VML just raised 500,000.................
"The funds will enable us to prove up our uranium
projects in the US and further strengthen our portfolio".


http://www.advfn.com/p.php?pid=nmona&article=22367332&epic=VML
Also new mill for silver/gold to start operating in mid October (reducing costs and should both help to smooth out/increase cashflow, increased production now possible)

From interim results.......................

RNS Number:6884E
Vane Minerals PLC
28 September 2007


VANE Minerals Plc (AIM: VML)
("VANE" or "the Company")

Interim Report - Six Months to 30th June 2007

Highlights

* Continued production of gold and silver ore at the Diablito mine at
1,500 tonnes per month

* Acquisition and commencement of construction of a mill at San Dieguito
located 18 kms from the Diablito mine

* #1m debt financing raised in the form of a convertible loan at 8%
interest, converting at 29p per share

* 9,000 tonnes of lower grade ore stockpiled ready for processing
through VANE's own mill

* Acquisition of uranium breccia pipe targets increased the total number
to 34

* Drilling at the North Wash stratabound uranium prospect confirmed
results obtained during the 1970s

Post Period End Highlights

* Mineralised breccia pipe discovered at Miller Southwest

* Number of uranium breccia pipe targets increased to 38 - further
acquisitions anticipated

* Drilling commenced at North Alice Extension

* San Dieguito Mill nearing completion with processing expected to
commence in October 2007

* Ore mined in period to June 2007 now processed

* Exploration underway at Bonanza Mine, State of Nayarit, Mexico


Appointment of joint broker.......this could mean joint listing in Canada may now be very close............................

VANE Appoints Westwind Partners as Joint Broker

VANE Minerals Plc ('VANE' or 'The Company') has appointed Westwind Partners (UK)
Limited ('Westwind') as joint broker with Ambrian Partners with immediate
effect.

The appointment comes following a strategic review of the business, in which the
board considered options that would best accelerate value creation and maximise
shareholder benefit from its uranium portfolio. As well as focusing on the UK
market, Westwind, with its strong presence in Canada, will broaden VANE's
exposure in North American markets and with North American institutions. This
is particularly important given the geographic locations of VANE's assets, which
are, at present, located in the US in Northern Arizona, Utah and also Mexico and
Paraguay.

http://www.advfn.com/p.php?pid=nmona&article=22463755&epic=VML

So lots to keep us interested, could be a very exciting 6-12 months ahead.

Dynamite - 03 Oct 2007 07:44 - 2072 of 2220

Vane Minerals PLC
03 October 2007



03 October 2007


VANE Minerals Plc (AIM: VML)

VANE Adds to Uranium Portfolio


VANE Minerals Plc ('VANE' or 'the Company') announces an update on its uranium
activities conducted by VANE Minerals (US) LLC, its wholly-owned uranium
subsidiary.


Additional breccia pipe target identified in northern Arizona taking total
number of targets to 39

Additional new claims on prolific La Sal channel, Utah

In northern Arizona, an additional pipe target has been identified on the
Eastern Star-Rattlesnake group which brings the total number of pipe targets
held by VANE to 39. This group is made up of the Eastern Star property which is
private land and the surrounding Rattlesnake claims consisting of 10 lode mining
claims, both of which are held 100% by VANE.

In Utah, VANE has successfully located four lode mining claims on the La Sal
channel where production is underway one mile to the west at the Pandora Mine
which is owned by Denison Mines Ltd. The four Pine claims are adjacent to two
areas of historic significant closely-spaced drilling. VANE's North La Sal
property (announced 24-May-07) is also situated on the La Sal channel seven
miles to the west.

The Company is pleased to demonstrate continued advancement and expansion of its
uranium program and the addition of the Pine claims provides another strategic
position along the prolific La Sal channel.

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc
Geology, who meets the criteria of a qualified person under the AIM Rules -
Guidance for Mining, Oil and Gas Companies, has reviewed and approved the
technical information contained within this announcement.


Enquiries:


VANE Minerals Plc Westwind Partners Ambrian Partners Parkgreen
Limited Communications

Matthew Idiens Paul Newman Richard Brown Laura Llewelyn /
Beth Harris

+44 (0) 20 7667 6322 +44 (0) 20 7290 9713 +44 (0) 20 7776 6417 +44 (0) 20 7851 7480




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

pma68 - 04 Oct 2007 16:23 - 2073 of 2220

Just when things looked to be going smoothly:

LONDON (Thomson Financial) - Vane Minerals PLC said non-executive chairman Michael Spriggs has resigned from the company with immediate effect, and it is actively seeking a replacement who will fit well with its expansion into the North American markets. The mineral exploration company said Michael is leaving the company for personal reasons and he plans to spend more time with his family in France. TFN.newsdesk@thomson.com faj/ra COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

driver - 04 Oct 2007 16:47 - 2074 of 2220

pma68
Total over reaction to a small bit of news, a good buying op this will be up tomorrow.

driver - 09 Oct 2007 14:15 - 2075 of 2220

Now available to down load from their Web Site 9/10/07

VANE Minerals (US) LLC
NI 43-101 Technical Report

http://www.vaneminerals.com/userfiles/file/Uranium%20Breccia%20Pipe%20Exploration%20NI%2043-101%20Technical%20Report%20159602%20Final.pdf

driver - 10 Oct 2007 10:35 - 2076 of 2220

Vane Minerals says to spend about 2.85 mln usd testing in Northern Arizona
AFX


LONDON (Thomson Financial) - Vane Minerals PLC said it is to spend about 2.85 mln usd on a drilling and gamma logging programme for its Northern Arizona Uranium Breccia Pipe Exploration Project, and expects to complete this in a 12-18 month time frame.

The mineral exploration company said a technical report on its Northern Arizona project had suggested that Vane's uranium breccia pipes offer 'excellent' exploration targets worthy of continued drilling.

Several of the breccia pipes claimed by Vane were drilled in the early 1980s, with 'promising' results. Of the 38 breccia pipe properties held by Vane, five are confirmed pipes, the company added.

Breccia pipe is an irregular cylindrical mass of breccia, a coarse grained rock, that is commonly found in mining districts and many contain rich ore deposits.

pma68 - 10 Oct 2007 20:21 - 2077 of 2220

Not exactly an enthusiastic response from the City.

driver - 14 Oct 2007 09:38 - 2078 of 2220

pma68
They dont understand the report, print it out and have a read its only 88 pages a good one to put you to sleep but sounds very positive.

cynic - 14 Oct 2007 10:16 - 2079 of 2220

sorry driver, but the investment mining analysts will have understood the report very well indeed, so if it was as juicy as you purport, the reaction would have been very different ..... guess i'll just have let my holding moulder away for a good while longer.

aldwickk - 26 Oct 2007 12:06 - 2080 of 2220

October 25, 2007

VANE Sees Gold In Its Brecciated Uranium Portfolio


By Jack Hammer



The Canadians in particular understand uranium, says Matthew Idiens, commercial director of VANE Minerals, and they understand our pipe portfolio. Its his contention that brecciated uranium pipes of the type that VANE has in abundance on its license in north Arizona arent well understood in the wider mining markets outside of Canada. He may well be right, although the high margin numbers that he presents for each pipe ought to catch the eye of any quick witted investor interested in whether or not VANE is likely to turn a fast buck. As long as the company hits the grades it expects to, it will.
Were very confident, says Mr Idiens. Were drilling the pipes as we go along, and once we get one with a nice couple of hundred feet at 0.5 per cent plus, wed stick four holes in and then start thinking about sinking a shaft. Assuming a US$100 uranium price each pipe should net around US$230million. So, nice numbers, given that the company has 39 targets of which five are confirmed pipes, albeit that they work on a price assumption that looks a lot less secure than it did six months ago.

And it may be that the Canadians are the only ones who really appreciate such assets geologically. But those financial projections ought to attract anyone still bullish on uranium. Theyll certainly be of interest in the City, where the technical aspects of a project are often appreciated simply on the say-so of a respectable consultant or a good analyst. In London the latest investors to buy into the VANE story with a 500,000 financing package are our old friends at City Natural Resources, and they boast not a single geologist amongst their number. But VANEs got an 88 page report from SRK, available for viewing on its website, in which the Arizona assets are referred to as an excellent suite of exploration targets. It makes for encouraging reading for the technically-minded and the non-technical alike.

So in truth what Mr Idiens is doing when he tips his hat to Canadian expertise is preparing the way for a Toronto listing. This is something that hasnt yet been decided at a board level, let alone put to shareholders, but its definitely on the cards. All of VANEs assets are in the Americas, and Mr Idiens aside, most of its directors are there too. Theres the producing Diablito gold mine in Mexico, the brecciated uranium portfolio in Arizona, a strata-bound uranium project in Utah on which a 43-101 resource is due within the next six months, a huge exploration license in Paraguay, and another Mexican gold property thats only borderline economic. So VANE is very definitely a company of the Americas, and although the North American shareholder base is on the meagre side, thats something VANE would like to change.

An additional reason for a Toronto listing is the impact of the constant sniping by Nasdaq directors against the quality of Aim as a market. Aim has served VANE reasonably well over the years, occasionally delivering decent volumes, and allowing for several fund-raisings. The companys share price has only really taken off, however, since it launched its foray into the uranium market last year. VANE has also historically struggled to retain the interest of the sales staff of some of the brokers it formally employed, although the current relationship with Ambrian seems strong enough. More to the point the recent appointment of Westwind as joint broker with Ambrian is a clear pointer back to Canada.

If the company does go onto the Toronto markets, the Canadians ought to like what they see. Not only is uranium still relatively strong at US$75 per lb, but the company is generating revenue of around US$250,000 per month from the Diablito gold property. That cash flow supports the uranium drilling programme, and that in turn ought to add value. Thats the theory at least - you never know in this business. But, with a bit of luck, 2007 might just turn out to be the year in which VANE Minerals marked the beginning of a virtuous and highly lucrative circle.

driver - 26 Oct 2007 14:06 - 2081 of 2220

aldwickk
Cheers nice one.

driver - 29 Oct 2007 12:10 - 2082 of 2220

From Saturdays Mail, (Geiger Counter) mentioned below holds VML and URA.

Glowing times ahead for uranium

Brian O'Connor, Daily Mail
29 October 2007, 9:31am
Reader comments (1)
British Energy's woes with its ageing plants are a warning of the problems the nuclear industry can cause.


They erupted just as uranium miners scent an upturn in their fortunes, which have been waning since the uranium price fell to $75 last month. Now it is back at $80 per pound.
BE has missed opportunities more than once, so it would not be surprising if it missed a global upturn. That is just what seems in prospect, judging by the mood at industry gatherings in the past fortnight.

Miners at a series of meetings hosted by broker BMO Capital Markets expressed optimism that the price slide was over. It followed an astonishing two-year price surge from $22 per pound in the 'spot' price (for immediate delivery) to $138 in June.


It was hardly surprising that speculators took profits. More selling came when the US decided to unload some of its strategic reserve.

Some investors will wish to steer clear of nuclear power. Others who followed our uranium tips on the way up - and subsequent advice to take some profits - have done well. Jamie Strauss, at BMO, who called both the upturn and the subsequent shake-out, now believes the fall is over.

The industry believes demand for primary (newly mined) uranium will treble by 2030. That could push the spot price from $80 to $100 a pound over the winter, although the long-term price (now $95) is more relevant to the industry.

The number of new nuclear reactors planned around the world is growing steadily - from 222 in January to 304 in August. Of these China accounts for 114. Not all will be built as governments ponder their impact. Strauss said: 'Undoubtedly the complexity of changes in government policies and the environmental implications are a recipe for delays. But the nuclear recovery is for uranium under way.'

This bodes well for one of our previous tips, UrAsia Energy, which merged with Canada's SXR to form Uranium One. With mines in South Africa and Kazakhstan and prospects in the US, it will be among the world leaders. Quoted in Canada, it is likely to seek a London quote in 2008 (if it stays independent; there are market rumours of a bid from Canada's Cameco).


Uranium One shares are about C$12.23 (just under 618p). If you bought UrAsia at our tip price of 140p, you have almost doubled your money. The shares still look cheap. So does Paladin Resources, which BMO rates as a well managed company, uranium with a producing mine in Namibia and a second on the way in Malawi. At A$7.84 (347p) it has already made money for Investment Extra readers and should make some more.


For those who prefer to stay closer to home, London-quoted Geiger Counter is a well regarded sector fund. First tipped here at 68.3p, it has been as high as 127p and is now 10034p. Recent months have shown the impact of speculation, so if you buy, set stop loss levels 20% below your entry price.


But the long-term energy shortage is worsening, and that is the gap uranium miners believe they can fill.


Like it or not - and many do not - nuclear power is hard to ignore as the world runs short of oil and gas, and the crude oil price rises above $90 a barrel. This week Germany's Energy Watch Group argued that global oil production has already peaked, and will halve by 2030.


That is more pessimistic than other forecasts, but if correct, oil could pass $100 and head for $200. EWG points out that the average size of a new oil find has plum- meted from 527m barrels in the 1980s to 20m recently.


That reinforces the case for green and 'clean' energy. But it also underlines the difficulty of doing without nuclear, which supplies one fifth of UK electricity, two thirds of French power and a large slice in other parts of Europe and the US.

driver - 02 Nov 2007 09:11 - 2083 of 2220

Vane Minerals to raise 5 mln stg via placing; says joint venture talks continue
AFX


LONDON (Thomson Financial) - Vane Minerals PLC said it is to raise about 5 mln stg gross through a placing, adding that it continues to be in discussions with a number of entities on joint venture and acquisition opportunities.

The mineral exploration company said it will place about 28.57 mln shares at 17.5 pence each.

The net proceeds of the proposed placing will be used primarily to accelerate Vane's breccia pipe drilling campaign in northern Arizona, where it has 39 drill targets, and for proceeding to further rounds of drilling on its six properties in Utah.

tfn.newsdesk@thomson.com

net/pmi/cw



COPYRIGHT

driver - 02 Nov 2007 14:58 - 2084 of 2220

Investor's Chronicle BUY Recommendation

VANE MINERALS (VML)


Created: 2 November 2007 Updated: 1 November 2007 Written by: Alastair Ford
On a 12-month view, in spite of some peaks and troughs along the way, VANE's share price has done very nicely. It's up more than 125 per cent on the 8.38p the shares were trading at this time last year. That should silence most, if not all, of the bulletin board doubters who have had plenty to say about the company since it floated in June 2004. Unfortunately for VANE, much of the criticism was justified as the growth strategy was not always clear, while the plan to support the company's exploration activities through cash flow from producing mines encountered a few hiccups.

In the last year, though, two things have changed. First, VANE was a relatively early starter in the uranium boom. Uranium prices have fallen since the really heady days earlier this year, but they are still strong, and VANE's varied uranium portfolio in the politically safe US underpins its share price nicely. Executive director Matthew Idiens would still like to see prices back at the $100 (48.50) per pound mark to make his projections for the company's small but numerous Arizona properties look really attractive. But, subject to the ultimate arbitration of the drill bit, VANE ought to turn a substantial dollar profit on several of those properties within the next few years. Mr Idiens calculates that each Arizona property could generate revenues of around $230m over the life of the project. Further down the line, there's also a more complex, but larger, uranium property in Idaho that may well add a great deal more value.

Second, the company's producing Diablito gold property in Mexico is finally beginning to come into its own. VANE has been mining gold in Mexico for a while, but previously had not been able to produce the finished article itself. To date, that's meant the company has been vulnerable to the demands of companies with the plant to process its ore. More to the point, its profit margins were never guaranteed. That problem has now been rectified, and Diablito is now throwing off $250,000 per month. Buy.

BULL POINTS:

Exploration backed by cashflow from producing mine

Low political risk

Experienced management
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