1sharecrazy
- 21 Mar 2005 09:33
This has the potential to go alot higher than the 3p I`ve just bought 300,000 I will give more info when out of meeting at 2. It is in partnership with some very big players and was hugely over subscribed.
I`ve put my money where my mouth is.......and my head on the block.
Gud luck today.
jmacroesus
- 07 Jul 2006 13:52
- 35 of 122
26 June 2006
Australia's ABARE: Zinc prices may keep rising next year
Source: Dow Jones -
Zinc prices are expected to surge 17% in 2007, adding to a forecast more than doubling this year as growth in global mine output continues to fail to match demand, Australia's government commodities forecaster said Monday.
Zinc is forecast to average US$3,500 a metric ton (US$1.587/lb) in 2007, up from US$3,000 in 2006 and US$1,382 a ton last year, the Australian Bureau of Agricultural and Resource Economics, or ABARE, said in its June quarter report. Spot zinc closed at US$2,940 a ton in London Friday.
"The rise in prices so far this year reflects a market characterized by slow growth in zinc mine supply, concerns over supply disruptions, strong global demand for zinc and low and steadily declining zinc stocks," ABARE said.
"Compounding these effects has been an increase in targeting of base metals such as zinc by investment funds and financial speculators," ABARE said.
A strengthening of world economic growth is expected to drive demand for galvanized steel, zinc's main use, in the construction and automotive industries in 2006 and 2007, ABARE said.
World production is expected to grow to 10.7 million metric tons this year, up from 10.3 million tons in 2005. A further rise in output to 11.2 million tons is forecast for 2007.
The gains aren't expected to be enough to cope with demand though, ABARE said.
World consumption is expected to rise to 11.1 million tons in 2006 and again to 11.4 million tons next year.
jmacroesus
- 28 Jul 2006 08:33
- 36 of 122
AIM Resources has announced the appointment of DRA Mineral Projects as EPC Manager for the Perkoa Zinc Project and also released its June 2006 Quarterly Report.
These releases are available on www.aimresources.com.au or on the links below:
Appointment of DRA Mineral Projects:
http://www.aimresources.com.au/pdfs/asx_ann_27jul06.pdf
June 2006 Quarterly Report:
http://www.aimresources.com.au/pdfs/aim_quarterly_report_jun2006.pdf
jmacroesus
- 04 Aug 2006 08:47
- 37 of 122
Byrnecut Mining Pty Ltd appointed as managing contractor for the construction and mining of the underground mine at the Perkoa Zinc Project.
Byrnecut is the largest underground mining contractor in Australia, is currently engaged in several zinc mining operations and has successfully completed similar projects in Australia, Africa and Europe.
For more information:
http://www.aimresources.com.au/pdfs/aim_asx_ann_03aug06.pdf
georgetrio
- 05 Sep 2006 15:53
- 38 of 122
AIM RESOURCES
MAJOR HOLDERS
ANZ NOMINEES LTD...................31 191 334.....................6.03%
JP MORGAN SECURITIES LTD........20 000 000.................3.97%
PERSHING KEEN NOMINEES..........18 650 000..................
SIMON NICHOLAS JONES.............19 368 158..................
Only, god knows why these above want a piece of this, are they little fish lovers like myself? lol best luck
georgetrio
- 05 Sep 2006 15:54
- 39 of 122
BY THE WAY, DOES ANYONE KNOW MR SIMON NICHOLAS JONES?
jmacroesus
- 07 Sep 2006 08:34
- 41 of 122
AIM RESOURCES LTD ('AIM Resources')
Thursday 7 September 2006
MINING CHANGE TO ALLOW EARLIER START
FOR AIM RESOURCES' AFRICAN ZINC MINE
AIM Resources expects to reduce by up to 12 months, the expected start-up time
and move to full production for its flagship Perkoa zinc project in Africa.
The 500,000 tonne per annum zinc mine - in the Sanguie Province of Burkina Faso,
120 kilometres west of the capital, Ouagadougou - is now expected to commence
mining mid next year.
Addressing the Paydirt Media 2006 Africa Downunder Conference in Perth today,
AIM Resources Managing Director, Mr Marc Flory, said the reduction in time to
full production had been achieved through adopting a new mining method in
consultation with the recently appointed engineering, procurement and
construction manager, DRA Mineral Projects.
'The most influential factor was a decision to put in larger box cuts to 25
metres width as opposed to the original 10 metre section proposal,' Mr Flory
said.
'We were aiming for a 2008 start but this decision will allow that to be brought
forward by a minimum six months but nearer 12 months on Perkoa.
'Our initial rate will be 500,000 tonnes per annum but we have the capacity at
Perkoa - and with the changes proposed by DRA to lift that in a short time to
650,000 tonnes, with a high recovery rate annually of 65,000 tonnes of zinc
concentrate.'
Mr Flory also told Africa Downunder delegates that funding offtake agreements
for the mine's zinc output, were imminent. AIM Resources expected to make an
announcement on such agreements 'within the next week or two'.
'We have been negotiating with two smelters and a metals trading company with a
presence in West Africa and all of whom are interested in project
participation,' he said.
DRA Mineral Projects is an engineering company based in Johannesburg, South
Africa which specialises in project management and process plant design.
Background on DRA Mineral Projects
Established in 1984, DRA Mineral Projects has successfully designed and
commissioned many platinum and similar concentrators in Africa and have executed
process plant projects in four other continents. The Perkoa Zinc process plant
falls well within the company's range of expertise and skills.
georgetrio
- 07 Sep 2006 12:15
- 42 of 122
DYNAMITE
THANKS. WITH GOOD NEWS LIKE THIS, YOU CAN NOT ASK FOR MORE. LOOKING GOOD. BEST LUCK
bristlelad
- 07 Sep 2006 12:15
- 43 of 122
share magazine have tip these for your ISA portfolio?????how they are listed on aim so how can you put them in a isa????
georgetrio
- 07 Sep 2006 12:16
- 44 of 122
THANKS, JMACRO
Marc3254
- 07 Sep 2006 12:21
- 45 of 122
Ladies and Gents,
Two mining stocks worth watching - The first Vossnet ( soon to be tanzania gold) has just returned to AIM and has and will announce some great news and more to come.
Second - All Star Mineral - new thorium company - thorium is the replacement for uranium, but is safe and cannot be used to make nuclear weapons.
jmacroesus
- 07 Sep 2006 14:30
- 46 of 122
The following items have recently been posted to AIM Resources website:
* Presentation given today by MD Marc Flory to Africa Down Under Conference in Perth (3MB PDF)
* Lonsec research report on AIM Resources (1MB PDF)
* Mining Journals special publication on Burkina Faso (2.8MB PDF)
* Mining Journals special publication on Zambia (1.6MB PDF)
see: http://www.aimresources.com.au/newsletter.htm
bobabout
- 09 Sep 2006 14:58
- 47 of 122
bristlelad,
"share magazine have tip these for your ISA portfolio?????how they are listed on aim so how can you put them in a isa???? "
Because they are listed on the ASX as well as AIM. The ASX is a recognised exchange, so as far as the Inland Revenue are concerned you may put these in an ISA.
I did many months ago after checking with the IR and my on-line broker.
bristlelad
- 10 Sep 2006 20:43
- 48 of 122
bobabout/ many thanks for the information/ but barclays wouldnot let ME buy them to put into my ISA/
georgetrio
- 11 Sep 2006 01:48
- 49 of 122
Good morning, and good thinking about zinc. best luck
georgetrio
- 11 Sep 2006 10:24
- 50 of 122
What should i say, tell me something nice about AIMR.
Andy
- 11 Sep 2006 10:49
- 51 of 122
bristlelad,
Ask to speak to their Compliance Officer, and tell him!
They will soon change their minds!
georgetrio
- 11 Sep 2006 11:50
- 52 of 122
ANDY, Good morning and cheers, i will try.
shadow
- 11 Sep 2006 15:45
- 53 of 122
seymour pierce are urgeing buying AIMR with other stocks YOO and Croma, but no targets at moment!
Andy
- 11 Sep 2006 16:57
- 54 of 122
shadow,
Until AIMR detail their financing plans for the mine, they really can't make any price predictions IMO.