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.

Better news.....perhaps a sp rise now.

I have to say that if the figures are correct, that the value of the metal in the ground is a staggering $90 billion !??....if this is right....the sp must double short term...

Just remember AMC and the silly numbers they touted, the hype took them
up sharply but they quickly came back down.

Dont matter how much is in the ground, how much does it cost to get it out,
i had shares in a company with the biggest zinc deposits in the world, it meant
little and the shareprice went nowhere for 20 years.

It does sound like a crazy exaggeration.....but still the same....the market cap of this company is very small...

Very positive update !...

Another good update....with gold and uranium...this should be a climber soon....uranium looks like being the spot price to watch this winter.

Just will not climb.....at one time was overvalued...now looks way undervalued...tiny cap....9 million pounds.....

Its always been a dog of a share for years RF,always good news round the corner except it been 7 years or more,there is more life in Jack Duckworth than this share.

This one is certainly starting to attract some interest.

http://www.vaneminerals.com/userfiles/file/vane%20presentation%20sept%202010.pdf

If they confirm just one commercial uranium pipe : then anything above 10p....

Excellent news.....much better from this company now......10p plus target is on....

More good news but no re rating as yet.

Just cleaned my glasses but i still can't see 10p.,.

Just won't climb and yet it should sooner or later....

sadly nowt wrong with yer glasses baler - however encouraging director buying as per article below..................

JD Wetherspoon chief exec share sale nets 90,000

Date: Wednesday 04 May 2011



JD Wetherspoons chief executive John Hutson pocketed has pocketed more than 90,000 from the sale of shares in the pub chain operator.

He offloaded 20,000 for 454p a time on the same day the firm said it should see a reasonable outcome to the current financial year despite higher costs and the tough times its customers are experiencing. The sales leaves him with 34,801 shares.

Shares in the company have eased since Hutson sold 90,000 shares at 466.7p a time in January. JD Wetherspoon continues to be faced with rising costs for a wide range of goods and services, combined with a reduction in disposable income for many of its customers, it said today.

Sales continue to be resilient and the performance of our recently opened pubs remains encouraging.

In the 13 weeks to 24 April, like-for-like sales increased by 2.4% from the same period the previous year, while total sales, including new pubs, were up by 7.4%. In the 39 weeks to 24 April, like-for-like sales increased by 2.4% and overall company sales increased by 7.6%.

Wetherspoons has opened 29 pubs and closed two so far this financial year. It intends to have opened 50 by the year end.

Hutson has worked with JD Wetherspoon since 1991. He replaced Tim Martin, the companys founder, as chairman in 2004.

Top Director Buys

Vane Minerals (VML)

Director name: Mr Matthew C. Idiens

Amount purchased: 1,000,000 @ 2.75p

Value: 27,500

Vphase (VPHA)

Director name: Mr Richard Smith

Amount purchased: 1,034,483 @ 1.45p

Value: 15,000

Sinclair Pharma (SPH)

Director name: Mr Jean-Charles Tschudin

Amount purchased: 33,000 @ 36.00p

Value: 11,880



Vphase (VPHA)

Director name: Ms Vanda Murray

Amount purchased: 690,000 @ 1.45p

Value: 10,005

http://www.digitallook.com/news/4211597/JD_Wetherspoon_chief_exec_share_sale_nets_%C2%A390000.html

Drilling Commenced at Granite Gap Copper Project
TIDMVML

RNS Number : 5293G

Vane Minerals PLC

13 May 2011

13 May 2011

VANE Minerals Plc ("VANE" or "the Company")

Drilling Commenced at the Granite Gap Porphyry Copper Project

New Mexico, USA.

Further to VANE's announcement on 27 April, VANE today announces commencement of the drilling programme at its Granite Gap copper project located in south western New Mexico, USA.

Highlights

-- Drilling underway at Granite Gap copper project

-- Initial programme to involve drilling four holes to target depth of 500 feet

-- Objective to test at least 6 of the developed targets by 2011 year end

Granite Gap is one of 23 porphyry copper targets identified by the VANE exploration team using a systematic approach combining a set of proven criteria, field work and historic exploration data as well as the team's knowledge both of the mines and geology of the southwest U.S. porphyry copper province. Targets developed in this way are typically "blind" or covered targets concealed beneath very recently deposited alluvial or volcanic material; consequently evaluation and testing depends entirely on drilling results.

The initial programme at Granite Gap will include four holes drilled to a target depth of 500 feet using a combination of air rotary and intermittent "spot" cores that facilitate examination of the rock in specimen form rather than drill cuttings that resemble coarse sand or fine gravel. Results from this initial drilling programme will be announced in due course.

Clark Arnold, Director of Geology, commented: "We are confident in our exploration approach and pleased that the programme is now gathering momentum. We plan to test at least six of the targets we have developed before the end of the current calendar year. With the experience and track record of the team and the data base we have compiled covering the southwest U.S. copper province that currently accounts for some 60% of total U.S. copper production. We are optimistic that we will be able to add another copper deposit to the established list of those already known in the southwest province."

Consolidated Africa Mining plc, Fluormin plc, Nostra Terra Oil & Gas plc and Vane Minerals plc


Following the successful launch of MRQ Mining and Resources Quarterly, Shares Magazine is pleased to announce a series of investor evenings, specifically aimed at investors interested in mining and resources stocks.

The aim of the Investor Evenings is to educate and inform investors about individual companies involved in the resource and mining sector. Senior Management from individual companies will present at the event with ample opportunity to meet them afterwards at the drinks reception.

Who should attend: This event is suitable for the informed private investors, private client brokers, fund and wealth managers.

REGISTER NOW AT http://www.mrqonline.co.uk/register/

Thursday 1st December 2011

Hyatt Regency London The Churchill
30 Portman Square
London
W1H 7BH

Registration: 5.30pm Presentations: 6.00pm followed by a drinks/canap reception

Companies Presenting:

CONSOLIDATED AFRICA MINING plc


Consolidated Africa Mining plc disposed of Sicamines sarl, its sole subsidiary (a heavy mineral sands exploration company in Cameroon) in November 2009, returning to PLUS-quoted shell status. For the best part of two years, it evaluated various natural resource projects, mainly in Africa, as candidates to reverse in as a new business for CAM, until in September 2011 it adopted a new strategy. This was prompted by the wealth of viable new projects it had evaluated, making it difficult to choose between them, and a desire to spread its risk rather than put all its eggs in one basket. Chairman & CEO Tony Butler will share this new strategy with you at the event.


FLUORMIN plc



Fluormin plc is focused on acquiring a significant share of the international fluorspar market in order to be a supplier of choice to American and European customers of fluorspar and to provide such customers with security of supply, variety of product quality and potential freight advantages from multiple producing plants in different geographic locations. The Company has a portfolio of fluorspar assets in South Africa, Kenya and Tunisia together with a significant interest in an international fluorspar trading company. Co-CEO Al Gourley, will talk at the event about the companys plans for making good use of its positive cash flow.



NOSTRA TERRA OIL & GAS COMPANY plc

Nostra Terra Oil & Gas Company plc is a fast growing, AIM traded oil and gas producer with projects in Oklahoma, Colorado, Kansas and Texas. The USA is going through an oil and gas boom at present as new drilling and recovery techniques expose exciting new reserves out of established hydrocarbon basins and Nostra is well positioned to take advantage of this. The company is debt free, raised 2m over the summer and signed a Standby Equity Distribution Agreement for up to 10m, giving the company the opportunity to quickly pin down highly attractive acquisition opportunities. Matt Lofgran, CEO will be talking about the USA going through an oil and gas boom at present and how Nostra Terra is extremely well positioned to take advantage of the opportunities that are available and will be coming available.

VANE MINERALS plc


VANE Minerals plc is an explorer with copper and uranium projects in North America, supported by revenues from its producing gold/silver operations in Mexico. Utilising a team made up of leading industry professionals the Company's new CEO, David Newton, will explain how it is targeting porphyry copper targets in Southwest USA in addition to expanding its gold/silver operations in Mexico and exploring for high-grade breccia pipe targets in Northern Arizona and Utah

REGISTER NOW AT http://www.mrqonline.co.uk/register/

http://www.proactiveinvestors.co.uk/companies/news/37602/copper-discovery-could-trigger-significant-re-rating-for-vane-minerals-says-allenby-37602.html

Vane Minerals looks too cheap to be true at 1p.... STRONG BUY!!!



Vane Minerals will stand out from the crowd of small-cap miners and explorers this results season after delivering a maiden first-half profit.

Its revenues rose 174 per cent to £3.4 million in the six months to June 30, giving a profit of £177,470.

It has repaid £500,000 of convertible loan stock and renegotiated the remaining £1 million over five years, paying a coupon of 8 per cent. The group is sitting on around £1 million of cash.

The revenues and profits were generated by the Mexico gold and silver operation, which processed 16,217 tonnes of ore in the first half, compared with 15,642 tonnes in the same period last year.

This equated to 2,208 ounces of gold and 48,311 ounces of silver. It sold the gold concentrate for an average of US$1,650 an ounce and the silver for US$31.04. The cash costs of producing the precious metals were respectively US$652.94 and US$11.92.

Chief executive David Newton said: "These are very pleasing results; the operational team should be congratulated for delivering the company's maiden profit, which in these financially challenging times, is a significant and impressive achievement.

“It also reflects the importance of our relationship with our Mexican joint venture partners, in which we have invested in excess of $300,000 alone on developing the La Colorada asset since we entered into the joint venture legal contract.

“This is in addition to a wider investment in the building and development of our Merrill Crowe facility, the ongoing development of our SDA mill, the identification of a resource at La Colorada and further preparatory work on the assets within the joint venture area."

The blue-sky is provided by VANE’s copper exploration in New Mexico and Arizona, home to 60 per cent of all US production of the metal.

The big discoveries to date, such as the Morcini and El Chino mines, are outcropping at surface.

There are more than 30 in total. And the theory suggests there’s a similar number hidden beneath the covered terrain of this metallogenic province. Around 60 per cent of this area is covered.

Using access it has garnered to mining giant Freeport McMoran’s database and other proprietary data, VANE is identifying potential hotspots and drill testing them.

In the period just gone it has drilled its Peg Leg and Railroad targets with negative results and property positions have been established at Bouse, Lone Hills and Cherry Creek.

More interestingly, a copper-molybdenum porphyry system was successfully drilled at McGhee Peak. It has identified two separate mineralised targets around a mile from each other. Diamond drilling is required to assess just how viable these discoveries are.

The third leg to the VANE business focuses on uranium and it owns 50 per cent of the Wate Mining Company with Uranium One.

Exploration has been scaled back following the formal withdrawal of the federal lands by the US Government in order to help protect the company's cash resources.

Thanks Hlyeo for bringing these to my attention again. I bought some recently and they're in profit!