Beowulf Mining PLC has located Four deposits in northern Sweden that will be investigated further by diamond drilling in 2005.



Beowulf is the name of an epic poem, which is widely regarded as the first great work of English literature. The company is listed on the AIM market with the ticker BEM.

Note: On the 4th April 2005 the company changed its name from Beowulf Gold to Beowulf Mining. This was done to reflect the broader mining and exploration goals of the company. Previous company press releases have not been changed and will therefore still refer to the company as Beowulf Gold.





Corporate website : http://www.beowulfmining.com/

Beowulf has made a disappointing start to it's AIM listing, losing nearly 50% of it's value fairly quickly.

It's fairly common for OFEX stocks to fall upon transferring to AIM, as holders take advantage of the increased liquidity to take some profits, but I have been surpised by the depth of the drop here to be honest.

At the current price BEM looks good value to me, with plenty of upside potential, for a much reduced risk.

I am considering a top up next week.

Beowulf may be turning the corner, I am considering a top up before the expected news arrives from the recent drilling.

latest copper price chart makes intersting viewing.




Copper prices hit new record highs this week. Some commentators think short-term speculators are manipulating the market, and it is set to drop sharply.

But copper has almost tripled in value since autumn 2001. And while "the world currently has 85 years of iron ore reserves," notes David Hale in The Bank Credit Analyst, it has "only 14 years of copper reserves."

"The potential scarcity of copper could encourage more competitive bidding by global mining companies, including China's, for reserves," says Hale.

Looks like one of those toys you have to pass a metal loop over without making contact!

Stockdog,

LOL!


I'm expecting news from Phelps Dodge soon.

135,000 buy at 7.25p, shares are up 0.75p, 11.76 %. price now 6.75 -- 7.50,
247,159 buys to 50,000 sells, I expect them to move up another 0.25p soon.

aldwick,

That was very prophetic!

Finished @ 7.62 MID, and a decent volume for BEM of over 300,000 shares traded.

I managed a top up, and maybe this increase in both price and volume means news is on the way?

Roll on Monday.

Just catching up with the recent news.
===============================


Beowulf Mining PLC
08 August 2005


BEOWULF MINING PLC

NEWS RELEASE

Reports on Beowulf Mining plc's Jokkmokk, Ballek and Ussalahti projects in
Northern Sweden.

London 8 August 2005:- The directors of Beowulf Mining plc ('Beowulf') make the
following announcement:

1. Jokkmokk, consisting of the Majves 1 and 2, Tjaula and Karvo
exploration permits. On August 5th 2005 Beowulf received notice from Phelps
Dodge Exploration Sweden AB of termination of the Option Agreement between the
companies. No reason for the termination was given. Beowulf is in receipt of
assays from the last phase of drilling in April and May and is currently
assessing the results in- house.

Beowulf now intends to review the exploration data and depending on its review
may continue the drilling in its own right or seek another joint venture partner
for the area.

2. Ballek, consisting of the Ballek 2 and 3 exploration permits issued in
May 2005. These permits are considered by the directors to be prospective for
iron oxide copper gold deposits which are sometimes rich in uranium.
Beowulf has been checking the radioactivity of numerous drill cores from Ballek,
drilled in the 1950's and 1960's, and freely accessible from the Geological
Survey of Sweden. Having identified from these cores a zone enriched in uranium,
Beowulf carried out ground surveys in July 2005 and discovered uranium rich
boulders over this zone. In addition another seven uranium rich boulders were
found by Beowulf over other areas of the permits. These uranium rich boulders
are in areas previously known for copper gold mineralization and a high gravity
anomaly.

The Ballek exploration permits have been visited in the past month by two major
mining companies and one London stockbroker.

3. Ussalahti, consisting of Ussalahti 1, 2 and 3 exploration permits. The
permits are considered by the directors to be prospective for stratiform
copper-gold mineralization.

Helicopter assisted geological exploration studies have been conducted in the
past month and copper boulders have been located over a previously undrilled
geophysical target. A representative of a major mining company is visiting in
August and will investigate the possibility of assisting Beowulf with the
intended drilling of the target.

4. Beowulf considers it has sufficient funds in hand to pursue its current
planned exploration studies and drilling plans without interruption, and ahead
of new partner associates being determined.


For further information contact :-

Dr Robert Young, Beowulf Mining plc Tel. +44 (0) 1353 649 701

Mr Gavin Burnell, Ruegg & Co. Ltd Tel. +44 (0) 207 584 3663

Mr Gary Middleton, St. Swithins PR Tel. +44 (0) 207 929 4391

Mr. Nick Bealer, King & Shaxson Tel. +44 (0) 207 426 5986



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

And just two days after the bad news;
=================================

Beowulf Mining PLC
10 August 2005


BEOWULF MINING PLC

News Release

Goldfields Granted Rights of First Refusal on Ballek Licences.

London 10 August 2005: The directors of Beowulf Mining plc ('Beowulf') have
granted Gold Fields Exploration B.V. ('Gold Fields') the right of first refusal
for three months to Joint Venture on the Ballek 2 and 3 licences exploration
permits in the Arjjeplog region of Norrbotten, Northern Sweden.

The Ballek licences cover 78 square kilometres. The three month term of the
agreement gives Gold Fields the right to assay drill core previously drilled by
the Geological Survey of Sweden, conduct geological investigations and enter
previous work into a geological data base. All results will be given to Beowulf.

During the three months Gold Fields will have the right to negotiate a full form
agreement, and will have the right to match any other offer made to Beowulf for
a Joint Venture over the Ballek licences.

The directors of Beowulf accept responsibility for this announcement.

For further information contact :-

Dr Robert Young, Beowulf Mining plc Tel. +44 (0) 1353 649 701

Mr Gavin Burnell, Ruegg & Co. Ltd Tel. +44 (0) 207 584 3663

Mr Gary Middleton, St. Swithins PR Tel. +44 (0) 207 929 4391

Mr. Nick Bealer, King & Shaxson Tel. +44 (0) 207 426 5986




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

EN
MSCUKONRVRRWRAR

And today's comment from www.minesite.com
=====================================

Another loser was Bob Youngs Beowulf which fell by almost 27 per cent to close at 4.75p after it announced that Phelps Dodge had pulled out of its joint venture on the Jokkmokk permit in Sweden.

The company subsequently announced that Gold Fields had signed a right of first refusal over some other licences but the market decided that this was of little significance.

At last some news!


click here to view a printable version of this article click here to view a landscape printable version of this article click here to mail this article to a friend

Beowulf Mining PLC
09 November 2005


BEOWULF MINING plc

News Release

Progress Report on the Ballek Copper Gold Deposit Arjeplog County of Northern
Sweden

London : 9 November 2005 : Beowulf Mining plc ('Beowulf' or 'the Company') is
pleased to report progress on the Ballek claims which cover 100 square
kilometres in the Arjeplog County of northern Sweden.

Analysis of a selected drill core in the Lulepotten copper gold deposit, has
given 9 metres of 2.08% copper and 3.69 grams per tonne of gold between 98 and
107m of drill hole number 64206 (a one metre sample gave 20.5 grams per tonne of
gold). A 70 metre mineralised section of the same hole, between 50m to 120m,
contained 0.42% copper and 0.59 grams per tonne of gold. The hole was drilled at
a 65 degree angle to the east.

This mineralised zone is seen to be above the zone responsible for the large
gravity feature, which is shown in the 3-dimensional model on the Company's web
site

www.beowulfmining.com/news

.

The Ballek claims contain the copper gold Lulepotten deposit, which was drilled
between 1960-71 by the Geological Survey of Sweden, who estimated the deposit
contained 5.1 million tonnes of 0.73% copper, 0.25 grams per tonne of gold and 7
grams per tonne of silver. This resource estimate is historical and does not
conform to the Canadian NI 34-101 or Australian JORC resource definitions.

The Lulepotten deposit is only one of several copper gold zones in the Ballek
area. The zones contain sulphide mineralisation composed of chalcopyrite,
bornite, chalcocite with abundant iron oxides.

The Company is examining ways in which advanced geophysical techniques can be
applied to define more specific drilling targets on the Ballek project area.

Commenting on the results, Dr. Robert Young, Chairman of Beowulf said 'the
results improve the existing gold grades at Lulepotten and they suggest that the
mineralisation overlies the large gravity feature which attracted Beowulf to the
Ballek area. We are pleased with progress made and look forward to updating the
market further in the near future'.

Contact:

Dr. Robert Young, Chairman
Beowulf Mining plc Tel: +44-(0)1353 649 701

Gavin Burnell
Ruegg & Co Limited Tel: +44-(0)207 584 3663

Nick Bealer
King & Shaxson Tel: +44-(0)207 426 5986

Gary Middleton
St Swithin's Public Relations Tel +44 (0) 207 929 4391


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

Andy,

I bought 20,000 this morning and they marked the price up 0.50

Andy,

what do you make of those large trades in ZOX yesterday?

aldwick,

Please keep buying!

aldwick,

Re Zox, not sure to be honest.

They all look like sells, but at a premium to the bid.

I wondered why the price of CU had been falling!



Trader Sets Off China's Copper Reserve Auctions

By Alfred Cang
24 Nov 2005 at 09:41 AM EST

SHANGHAI (Interfax-China) -- A "misjudgment" by a trader working for China's State Reserve Bureau (SRB) triggered a flood of China's copper reserves into the open market in an effort to bring down prices, a government-run Chinese newspaper reported Thursday.

The auctions were triggered by the misjudgment of trader Liu Qibing with the National Control Centre who struck futures deals for the SRB at his office in Shanghai, the state-run newspaper China Daily reported Thursday.

In July and August, Liu took short positions equal to about 130,000 tonnes of copper at $3,300 a tonne, expecting the price to decline, the newspaper said.

But prices kept rising, exposing the government to losses of hundreds of millions of dollars when the contracts are due on December 21.

In reaction, the government auctioned about 40,000 tonnes of copper in the last eight days to bring down the price and reduce losses stemming from Liu's short position. The bureau said would sell a total of 60,000 tonnes of copper in three more auctions in the next several weeks, the state-run newspaper Shanghai Securities Journal reported Thursday.

Copper in Shanghai dropped by the largest margin in half a year on Wednesday on the government's intervention. The SRB, the country's metals strategic manager, announced the third copper auction yesterday hours after its completed the second, continuing to flood the market with the national stockpile.

The SRB has declined to comment on Liu's involvement and denied earlier in the month that he worked for the bureau.

InterFax-China 2005

This should move the price a bit!

I wonder why they left it so late in the day to put out this good news?

---------------------------

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Beowulf Mining PLC
13 December 2005


BEOWULF MINING PLC

News Release

OPTION AND EARN-IN AGREEMENT ON BALLEK EXPLORATION PERMITS, NORTHERN SWEDEN


LONDON: 13 December 2005 - The directors of Beowulf Mining PLC ('Beowulf') the
AIM listed copper, gold and uranium explorer, are pleased to report the signing
of an option and earn-in agreement on the Ballek 2, 3 and 4 exploration permits
that cover 100 square kilometres of Arjeplog County of Northern Sweden.

Vismand Exploration Inc ('Vismand') has been granted an option to acquire a 50%
interest in the licences by undertaking deep sensing Titan 24 geophysical
surveys (which includes induced polarization, resistivity and magneto telluric
methods), and 3000 metres of diamond drilling. Vismand have agreed to regular
press releases and to conduct the program in an agreed time period.

The surveys are intended to identify targets associated with the gravity anomaly
under the claim block.

Vismand Exploration Inc. (
www.vismand.com
) is a private Canadian company which
has an impressively experienced board and exploration team. It recently raised
$15.8m in exploration finance.

For further information contact :-

Jan Larsson
Beowulf Mining plc Tel: +46 705 232 806

Gavin Burnell
Ruegg & Co. Limited Tel: +44-(0)207 584 3663

Nick Bealer
King & Shaxson Tel: +44-(0)207 426 5986

Gary Middleton
St Swithin's Public Relations Tel +44 (0) 207 429 4391



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

Article from Minesite.





Vismand Exploration Earns Into Beowulf Minings Ballek Exploration Permits In Sweden

By Sally White

Losing Phelps Dodge as a joint venture partner was a blow, but Beowulf Mining is now more than happy with the outcome. The AIM list Scandinavian copper, gold and uranium explorer has found a new partner in private Canadian group Vismand Exploration , which, Beowulf Mining chairman Dr. Bob Young says, has the most impressive board I have ever seen in terms of experience.

Phelps Dodge bowed out last summer. Then Beowulf Mining started talks with Gold Fields, who were given first refusal on a joint venture. But just before Christmas Dr. Young announced an option and earn-in agreement with Vismand Exploration on Ballek 2,3 and 4 exploration permits, which cover 100 sq. kilometres of Arjeplog County of Northern Sweden. He is hoping that this will meet with favour from the punters, now back post-Christmas, and that Beowulf Mining will start to recoup some of the share price ground it lost.

Vismand has been granted an option to acquire a 50 per cent interest in the licences by undertaking deep sensing Titan 24 geophysical surveys and 3,000 metres of diamond drilling. The surveys are to include induced polarization, resistivity and magneto telluric methods. They are designed to identify targets associated with the gravity anomaly under the claim block. Work is likely to start in the early spring, or when temperatures are nearer to 20C than 40C.

Dr. Young has eyes not just on the experience of the board and its exploration team, but the fact that Vismand Exploration is well funded. It is has just raised C$15.8million in exploration finance. He expects more Canadian links to be in the pipeline of good news he says is in preparation for 2006. Canadians, on the whole, he says, seem to have more of a taste for Scandinavia than Africa. Must be something to do with the thickness of the blood.

As to Phelps Dodge, he says, They obviously did not think that what they found was good enough. Though, he adds, we certainly do. Phelps Dodge deployed the team that had been working with Beowulf Mining to the Congo instead, so that must have warned them up.

Latest analysis of a selected drill core in the Beowulf Minings Lulepotten copper gold deposit has given nine metres of 2.08% copper and 3.69 g/t gold between 98 and 107metres of drill hole. A one-metre sample gave 20.5 g/t gold. A 70 metre mineralised section of the same hole, between 50metres to 120metres, contained 0.42% copper and 0.59 g/t gold. Historical analysis by the Geological Survey of Sweden in the 1960s put an estimate on Lulepotten as containing a 5.1million tonne deposit of 0.73% copper, and 0.25g/t gold and 7 g/t silver. This is only one of several copper gold zones in the Ballek area.

Commenting on the recent results, Dr. Young said: The results improve the existing gold grades at Lulepotten and they suggest that the mineralisation overlies the large gravity feature which attracted Beowulf to the Ballek area. Maddeningly for Dr. Young, he is not being allowed to relax and enjoy his Vismand Exploration success. Beowulf has an 8 per cent stake in Ofex uranium explorer Agricola, where he is also a director. That seems to have become the target of a bear raider, and he now has to tackle that problem!

http://www.minesite.com/storyFull5.php?storySeq=3233
__________________

Beowulf Mining registers new titanium exploration claim in Sweden
AFX


LONDON (AFX) - Beowulf Mining PLC, the AIM-listed mineral exploration company, said the Swedish state mining authority has registered an exploration permit for Beowulf

for a new area called Ruoutevare, covering a large ore deposit of titanium.

The claim has a total area of 850 hectares and is located in the Caledonides mountain region, within the Jokkmokk County, approximately 50 km west of Beowulf's Majves' claims in northern Sweden.

Dr Robert Young, Beowulf's Chairman, said: 'In the light of the present demand by various industrial sectors for titanium, Beowulf intends to re-evaluate available data and will perform additional local studies and drilling, and hopes to turn the Ruoutevare deposit into a commercial titanium mine.'

newsdesk@afxnews.com

bam

aldwickk,

Well spotted, here's the RNS.


Beowulf Mining PLC
26 January 2006


BEOWULF MINING PLC

Beowulf expands present holdings in Northern Sweden.
Registers new mineral claim hosting large titanium deposit.

London 26 January 2006 : Beowulf Mining PLC (AIM:BEM), the AIM listed mineral
exploration company, with projects in Sweden, announces that the Swedish state
mining authority, Bergsstaten, has registered an exploration permit for Beowulf
for a new area called Ruoutevare, covering a large ore deposit of titanium. The
claim has a total area of 850 hectares and is located in the Caledonides
mountain region, within the Jokkmokk County, approximately 50 km west of
Beowulf's Majves' claims in northern Sweden. (See
www.beowulfmining.com
).

The permit covers the Ruoutevare titaniferous iron deposit, which has been known
of since the 18th century and investigated several times during the last
century. As yet no production has occurred. The investigated part of the deposit
is relatively flat lying, and covers an area of 387,000 m2.

The reserves at the latest study in 1975 by the Geological Survey of Sweden
(SGU) are estimated at 116 million tonnes with an average 38.2% Fe (iron), 5.6%
Ti (titanium) and 0.17% V (vanadium). A richer section of 20 million tonnes is
registered with a grade of 47% Fe, 11% TiO2 and 0.15% V2O5. These figures are
based on 32 drill holes and do not follow present JORC or 43-101 standards.
The mineralization consists of magnetite, ilmenite, spinel and smaller amounts
of pyrrhotite, chalcopyrite and pentlandite. The dominant silicates in the
mineralizations are plagioclase, olivine, pyroxene and garnet. The host rock is
a large, mafic intrusion defined as anorthosite, which locally grades into
gabbro.

Commenting on the news, Dr. Robert Young, Beowulf's Chairman said, 'In the light
of the present demand by various industrial sectors for titanium Beowulf intends
to re-evaluate available data, and will perform additional local studies and
drilling, and hopes to turn the Ruoutevare deposit into a commercial titanium
mine.'


For further information contact :

Dr Robert Young, Beowulf Mining plc Tel. +44 (0) 1353 649 701

Mr Gavin Burnell, Ruegg & Co. Ltd Tel. +44 (0) 207 584 3663

Mr Gary Middleton, St. Swithins PR Tel. +44 (0) 207 929 4391

Mr. Nick Bealer, King & Shaxson Tel. +44 (0) 207 426 5986

Notes on titanium, market etc:

Titanium is a metal with many special properties. The metal has an excellent
strength to weight ratio and is almost totally resistant to corrosion and
erosion. This makes the metal in great demand by the world's airline industry,
which consumes a major part of the present world production. By using titanium
the airline industry can extend the life of the aeroplanes produced. The present
boom in aircraft building has resulted in a forecast increase in usage of
titanium by the civilian airline industry from an estimated 29,000 tonnes in
2004 to 48,000 tonnes by 2008.

Because of its unique biocompatible properties titanium is also increasingly
used by the medical sector. The metal has a large range of applications as an
effective material for the manufacturing of hip prosthesis, cardiac pacemakers,
artificial jaws, etc. The outstanding strength to weight ratio of titanium has
also opened up a new and fast growing market with its usage by the sport sector
for manufacturing heads and shafts for golf clubs.

Titanium as titanium oxide (TiO2) is used by the chemical industry. It is a
white pigment, which is used in paints, paper and plastics.

The metal is not traded on metal bourses but is sold by local producers, who
determine the price. The worlds' largest titanium producer is the Russian
company VSMPO- Avisma. The price of one kilogram of pure titanium plate is today
approximately 20 USD or about 6-7 times that of stainless steel. With special
alloys the price of titanium plates is much higher.



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

I have added the latest map to the header to show the new site.

Clem Chambers has tipped Beowulf as a "speculative buy" in The Business today!

The Mining Journal 27th January

RUOTEVARE PERMIT

Beowulf Mining plc has been awarded an exploration permit for the Ruotevare licence in Sweden,which contains a titaniferous iron deposit, discovered in the 18th century. The deposit, in Jokkmokk County,was estimated in 1975 by the Swedish Geological Survey to contain a higher grade zone of 20 million tons at 47% iron,11% Ti02 and 0.15% V205 within a much larger body. Dr. Robert Young, Beowulf's executive chairman, told Mining Journal this week that the company plans to commission a consultant to produce a full feasibility study on the higher-grade zone

Interesting RNS!


RNS Number:6722X
Beowulf Mining PLC
31 January 2006



BEOWULF MINING PLC

NEWS RELEASE

Beowulf Mining plc (AIM:BEM), the AIM listed mineral exploration company,
announces that it has been gifted 5,000,000 ordinary 1p shares in All Star
Minerals PLC (All Star).

All Star is a company with 30,000,000 ordinary shares in issue, of which the
directors are currently Bruce Rowan and Dr Robert Young who is also Managing
Director of Beowulf. Dr Robert Young is interested in 5,900,000 ordinary shares
of All Star and Bruce Rowan is interested in the remaining 19,100,000 ordinary
shares. The directors of All Star intend for All Star to obtain an OFEX Listing
and become involved in the exploration and development of thorium, an element
that the directors believe is the near-term future of nuclear fuel.

In the February 2005 US Geological Survey annual report on rare earths it said
on page seven that, "In the future, thorium's use as a non proliferative nuclear
fuel is considered a likely replacement for uranium, especially in a world
concerned with the threat of terrorism. As demand for thorium increases,
monazite would resume its role as a leading source of rare earths."

Thorium was first discovered in 1828 by the Swedish chemist, Jons Jakob
Berzelius, who named the metal after Thor, the Norse god of war. Thorium, which
is represented on the periodic table by the symbol Th, has been recognised for
its ability to power reactors since nuclear energy emerged in the 1950s. Thorium
makes up around 0.0007% of the earth's crust, making it roughly three times more
abundant in the earth's crust than uranium, its more radioactive counterpart.
However, thorium has been largely ignored for nuclear energy due to its atoms
being difficult to split, which is the fundamental requirement of a fission
reactor.

Thorium is composed of a common single stable isotope, 232Th, which can absorb
neutrons and convert to 233U (uranium-233). From this point 233U undergoes
fission to generate energy. As well as generating power, a further advantage
from using thorium is the significantly lower level of transuranic waste that is
produced compared to a reactor powered by uranium or plutonium.

UK smallcap opening - Beowulf ticks up on press tip
AFX


LONDON (AFX) - Shares in Beowulf, which this month was awarded an exploration permit for a potential titanium deposit, ticked up 0.25 to 6.12 in response to positive comment in The Business.

With a 3 mln stg market capitalisation, if successful with its search, the shares would shoot sky-high, the newspaper said.

newsdesk@afxnews.com

fjb/bam

Bid / offer price now down 0.25, not sure why .

aldwickk,

So much for Clem Chambers' "buy" tip in The Business yesterday!
I can't understad why it went down either

Beowulf Mining PLC
28 June 2006


BEOWULF MINING PLC


LONDON: 28 June 2006 - Appointment of Joint Broker


The Board of Beowulf Mining plc (the 'Company') is pleased to announce the
appointment of City Capital Securities Limited as joint broker to the Company
with immediate effect. King & Shaxson Capital Limited will remain as a broker to
the Company.


For further information contact :-


Dr. Robert Young +44 (0) 1353 649 701
Chairman
Beowulf Mining plc


Gavin Burnell +44 (0) 207 584 3663
Ruegg & Co Limited


Nick Bealer +44 (0) 207 426 5986
King & Shaxson Capital Limited


Charles Dampney +44 (0) 207 822 7107
City Capital Securities Limited


Gary Middleton
St Swithin's Public Relations +44 (0) 207 429 4391




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

Andy,

Am still holding these.

One more horror show......2 pence looks like the next stop for these.

Aldwickk,

I sold out a while ago, I can't see them doing anything in the short term.


laila25,

I agree, the Agricola scandal did for these too IMO.

The old proverb - look before you leap - comes into play here.
Listening to the talk in the city seems to lead me to buy or keep, with talk of production in the near term.
The price has got to be on the way up up, and this is a great price to buy at.

marc3254,

Production in the near term?

From where exactly?

Beowulf have engaged swowdens to complete a feasability study. Ruoutevare is thier most likely candidate, with very promising results. Bob Young is a quiet master in his field, underestimate him at your own finicial peril.
He's also involved with a company called 'All Star Minerals', who are currently only listed on offex but are moving to AIM shortly. They are specializing in thorium. If youve never heard of write back, the future is thoriuim.

marc3254,

So you're saying thay have "engaged swowdens to complete a feasability study", and also "talk of production in the near term".

I would have thought they may wait for the feasability study to confirm what they think, then presumably they have to construct a mine of some sort, and cost it and fund it.

So my definition of "near term", and yours may vary somewhat.

I won't comment on "All Star Minerals" due to my thoughts on the age and inexperience of the COO.

Wait and see - for some reason you seem very down on these stocks, I think your secretly gutted that you sold out on them, just a little to early.
Our of thier projects to are looking good Ruoutevare and Grundtrask. I look forward to seeing your posts in the near future.
Incidently near term in my mind is within one year.

BEOWULF MINING PLC

Technical Review of Ruoutevare Titanium Iron Deposit, Northern Sweden, by
Snowden Mining Industry Consultants Ltd.

Drilling in September 2006 to Re-sample the Deposit to support JORC- Compliant
Resource Report

11 July 2006. In March 2006, Beowulf Mining PLC (AIM- BEM) the AIM-quoted
mineral exploration company was granted an exploration permit by the Swedish
state mining authority (Bergsstaten) for the Ruoutevare area in the Jokkmokk
County of northern Sweden. A previous resource estimate carried out by the
Geological Survey of Sweden (Sveriges Geologiska Undersoknning -'SGU') in 1975
reported a resource of 116 Mt of material averaging 38% iron, 5.6% titanium and
0.17% vanadium based on 32 drill holes. A richer section of 20 Mt is registered
with a grade of 47% iron, 10% titanium and 0.14% vanadium.

Snowden Mining Industry Consultants Limited ('Snowden') has completed a
technical review of the previous work and has also undertaken a preliminary
geostatistical analysis of the drill holes to support the preparation of a
JORC-compliant resource report.

Snowden concluded that the volumes, tonnages and average grades of the 116 Mt
resource are of the order of magnitude reported by the SGU in 1975. However they
cannot be regarded as being equivalent to a JORC-compatible Inferred Resource.

Snowden has therefore suggested additional work, which includes re-drilling of
holes as well as the drilling of additional, closer spaced, drill holes to
assess the deposit. Ten to twelve drill holes are suggested and these are
planned for September 2006. If this work confirms the previous estimates and
produces a JORC compliant resource report, Snowden recommends the preparation of
a detailed scoping / pre-feasibility report for the project. If the latter is
successful they recommend the completion of a full feasibility study for the
project.

Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'the
directors are very encouraged and are looking forward to a successful drilling
campaign leading to a scoping / pre- feasibility study on the Ruoutevare deposit
(Ruoutevare when translated into English means 'iron mountain'). The Company has
sufficient existing resources for the drilling campaign'.


For further information contact:-


Dr. Robert Young, Chairman
Beowulf Mining plc Tel: +44 (0)1353 649 701

Gavin Burnell
Ruegg & Co Limited Tel: +44 (0)20 7584 3663

Nick Bealer
King & Shaxson Tel: +44 (0)20 7426 5986

Charles Dampney Tel: +44 (0)20 7822 7107
City Capital Securities Limited

Gary Middleton
St Swithin's Public Relations Tel +44 (0) 20 7929 4391

Still one to keep an eye on I think !

mrc3254,

You're starting to become personal now, always a bad sign!, so please leave out this type of comment. ok?


"I think your secretly gutted that you sold out on them, just a little to early.
Our of thier projects to are looking good Ruoutevare and Grundtrask. I look forward to seeing your posts in the near future."


The price is LOWER than when I sold, so just why I would be "gutted" I'm not sure!

Beowulf have quite a few projects in Sweden, and they have all looked like this new one, in terms of readiness at some point, and yet they move on to the next one, and the next one.

With regards to your "within one year" comment, I thik that looks challenging if you read this statement from the RNS you quote.


"If this work confirms the previous estimates and produces a JORC compliant resource report, Snowden recommends the preparation of a detailed scoping / pre-feasibility report for the project. If the latter is successful they recommend the completion of a full feasibility study for the project."

I count two "if's" there,so it's not a gimmee by any chalk IMO.

I have met and like Bob Young, but I think he made an error of judgement with Agricola with his bringing in a totally inexperienced and very young student, (and the accompanying allegations that are in the public domain!) has tainted the market's perception of all his companies.

Agricola has bombed, and I sold Beowulf as I feared a knock on effect.

Are you being personal about this young director?
What has age got to do with ability or knowledge?

I take it you dont hold with the school of teaching that say a good mixture of age, experience and youth, are the building blocks of a solid long term company.

marc3254,

I am not being personal towards him at all, IMO the person concerned lacks the experience needed to perform the role he has been given. That is my opinion.

The allegations made by Tom Winnifrith were never challenged in court, which they surely would have been if false! These allegations severely damaged the credibility of Agricola, IMO.

A combination of age and experience is a good mix, but you normally serve an apprenticeship first!

things moving in the right direction again.
A good stock to hold onto.


BEOWULF MINING PLC

News Release

Scoping Study of Ruoutevare Titanium Iron Deposit, Northern Sweden by Raw
Materials Group.


22 August 2006. Beowulf Mining PLC (AIM-BEM), the AIM-listed iron, titanium,
gold and copper exploration and development group has commissioned the Raw
Material Group of Sweden, ('RMG'
www.rmg.se
) to prepare a scoping study of the
Ruoutevare deposit. RMG will make an assessment of the potential value of the
iron, titanium, vanadium project and examine capital costs, operational costs
and the potential revenue receivable from exploiting the Ruoutevare deposit at
various mining outputs.


The Raw Material Group is one of Europe's leading groups of mineral economists.
It has recently published 'The Iron Ore Market 2005-2007' which was compiled for
the United Nations Conference on Trade and Development.

Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'The
directors have decided to prepare the scoping study on Ruoutevare prior to
completing the extra diamond drilling for the JORC-compliant resource report,
which is now planned for 2007. This will give a better understanding of the
economics of the project'.


For further information contact :-


Dr. Robert Young, Chairman
Beowulf Mining plc Tel: +44-(0)1353 649 701


Gavin Burnell
Ruegg & Co. Limited Tel: +44-(0)207 584 3663


Nick Bealer
King & Shaxson Tel: +44-(0)207 426 5986


Charles Dampney Tel: +44-(0)207 822 7107
City Capital Securities Limited


Gary Middleton
St Swithin's Public Relations Tel +44 (0) 207 429 4391

marc3254,

There you go, I told you one year to production would be challenging!


Commenting on the report, Dr. Robert Young, Chairman of Beowulf, states 'The
directors have decided to prepare the scoping study on Ruoutevare prior to
completing the extra diamond drilling for the JORC-compliant resource report,
which is now planned for 2007. This will give a better understanding of the
economics of the project'.

Andy,
Because of the complexities of mining from this site it make sense to check out all viable options before making a decision., hence the scoping study. I would concur with a delay to ensure the correct decision is made, on how to move the minerals from the mine to the main transport links. The main options seems to be a conveyor belt system, road building and rail line building. All would give Beowulf the ability to mine different amounts per year but also have varying costs. It is vital that the most cost effective and productive method is chosen.

More importantly Beowulf are heading in the right direction and this is a very encouraging announcement.

marc3254,

"Because of the complexities of mining from this site it make sense to check out all viable options before making a decision"

Exactly!

Do you remember my reply to you the other day, after you stated

"Incidently near term in my mind is within one year. "

And I said that would be "challenging"?

Add at least another year to your year, and that's 'IF' they are still going with that plan, rather than having moved onto another one.

Having been an active investor in the mining sector for a few years, I already understood "the complexities of mining", hence my answer to your "one year" statement!

Personally, by you stating one year I thought it was you that didn't understand the "complexities"!

Andy - things are looking good as is the share price. Im staying put.

Andy if you still read this, good news today again for beowulf with the results of the scoping study. US$50m per year turnover. Not bad for a company with a market cap of 3m.
Heres the announcement

Beowulf Mining PLC
24 October 2006


BEOWULF MINING PLC


Independent Conceptual Study on Ruoutevare Iron Titanium Deposit in Northern
Sweden

London, 24 October 2006. Beowulf Mining PLC (AIM : BEM) the AIM quoted resource
company with iron, titanium, gold and copper projects in Sweden, is pleased to
announce that Raw Materials Group (RMG) of Sweden has completed a conceptual
study of the Ruoutevare iron/titanium deposit. RMG suggest an extraction rate of
10 million tonnes per annum as an economic production rate, requiring further
cost analysis work to be undertaken on ore transportation.

RMG produced a simplified cash flow analysis for an eight year open pit
extracting 10 million tons per year. This produced a positive study with a cash
flow of just over US$50M per year from US$218 million per year of generated
revenues, using various assumptions. (Full report is on
www.beowulfmining.com
).

Ruoutevare is 5 km outside the Sareks Nation Park, and careful attention to the
landscaping of the mine and associated facilities will be required. RMG suggest
this may cause a delay in permitting of the deposit.

The study used current forecasts of revenues, capital costs and operational
costs applied to a life of mine financial model.

The Ruoutevare deposit is located in northern Sweden in the county of
Norrbotten, and is approximately 8 km NW of the small village of Kvikkjokk. The
project is at an altitude of 610 meters above sea level and will require for
transport purposes a new 15 km road to be built from the site to Kvikkjokk. Here
it would link up with the existing 180 km road to Murjek and onward road
transport or product reloading for rail shipment to the Gulf of Bothnia sea port
of Lulea. The Swedish iron ore mining company LKAB is shipping out from Lulea
annually some 4 Mt of magnetite concentrates and pellets to steel plants in
Finland and Sweden.

The deposit was originally discovered in the 18th Century. It was assessed by
Sveriges Geologiska Undersonkning (SGU) in the early 1970s during which time
ground geophysics, metallurgical test work and detailed diamond drilling were
completed. SGU determined a resource for the deposit of 116 Mt grading 38% iron
and 5.6% titanium. This data was reviewed by Snowden Mining Industry Consultants
Limited (Snowden) in 2006 for Beowulf and they reported a slightly higher
tonnage and a slightly lower grade.

The mineralization occurs within outcropping shallowly dipping anorthosite as
several separate tabular bodies in an area approx 1500m long and 200-300m wide.
Snowden concluded that there are probably two lenses lying one above the other.
Detailed geological mapping by Beowulf also found two over lying mineralised
lenses. Snowden and Beowulf both conclude that there is reason to believe that
the resource estimates can be increased by additional drilling.

The metallurgical test work was completed by LKAB and Rautaruukki during 1973
and gives potential recoveries, using magnetic separation and flotation to
produce an iron ore concentrate and an ilmenite concentrate. The metallurgical
recoveries are outlined below:

Grade Recovery

Ore feed to process plant 38% iron 5.6% titanium
Magnetite concentrate 65%iron 65%
Ilmenite 44% titanium dioxide 45%

A price FOB for magnetite concentrate is estimated to be US$52 per tonne and the
price FOB for ilmenite is estimated to be US$36 per tonne.

The capital expenditure plus mine operation costs are not a major impact on what
would be an open pit mine and are estimated to be 15% over the total eight year
mine life. Estimated costs are however relatively high mainly due to the cost of
transport and port handling charges.

Commenting on the conceptual study, Dr. Jan Ola Larsson, Beowulf's Swedish
Manager, stated:

'Initial indications on the economics of Ruoutevare are positive, but we need to
address the transportation costs by negotiations with the State bodies in
Sweden. It is believed from geological studies that the tonnage of the
Ruoutevare reserves can be increased by additional drilling, thus extending the
mine life and reducing overall unit costs. Selective mining of the deposit can
also be achieved to increase cash flow in the early years of operation, as the
SGU suggests that there is a 20 million tonne section grading 47% iron and 11%
titanium oxide. Metallurgical testing work to improve the concentrate grade is
ongoing'.

marc3254,

Well BEM won't be bringing that project online as a 3 million market cap company, as I would imagine the mine construction and road infrastructure will cost quite a bit, despite what is said above.

Transportation costs are a drawback, and it will be interesting to see if they manage to address and resolve this.

I see the price has fallen back today, now 2.75p BID.

Andy - im still holding and the price is above 4.
New licence area announced today. Patience is a virtue.

Andy found this today online Got to be good news

(DAGENS INDUSTRI, Saturday January 27, 2007, Special Section on Steel and Iron ore mining in Sweden)
(Unofficial Translation from Swedish to English)

ORE DISCOVERIES CAN LEAD TO DOUBLED EXPORT

New mines in Norrbotten may give 10 million tonnes per year


The importance of Sweden as an iron ore producer may increase dramatically. Within 5-10 years the production can be reaching 50 million tonnes per year. Double to that of present times. Two new mines are on their ways to be opened in Norrbotten.

It is the British Beowulf and the Canadian Northland Resources which has interesting projects says Magnus Ericsson, Raw Materials Group.

The Swedish State owned iron ore giant LKAB last year produced above 23 millions tonnes. This year the production is forecast to be 25 millions tonnes. And the target for 2008 is 30 millions tonnes of pellet ore.

A new main mining level at the LKAB Kiruna-mine will be ready for 2010 to ensure more long term mining.

At that time (2010) it is possible that Beowulf has commenced Ruoutevare deposit in the vicinity of Jokkmokk and Northland Resources at Stora Sahavaara

My evaluation is that the production can reach about 10 million tonnes per year for both projects. In both cases the deposits have been known since long time

The mining activity is moving forward rapidly as both deposits have been mapped and evaluated again only environment reporting is left. The Ruoutevare deposit located at Jokkmokk is reported to contain 116 millions tonnes with 38% Fe and 5.6% Ti.

Northland Resources deposit is located at Pajala near the border to Finland. The orebody continous into Finland where there are plans to awake earlier plans to start iron ore mines at Rautuvaara and Hannukainen.

Iron, copper and gold
The Stora Sahavaara iron deposit is estimated to contain 145 million tonnes of mineable ore. The iron content is about 43% but it also contains some copper and gold.

There were many mining projects in Sweden which emerged in 1970s in the previous steel boom, which now are re emerging. There has to be new investments in mines to meet the large demand for iron ore, says Magnus Ericsson.

Closed mines are opened up
We are also seeing another trend whereby earlier closed mines are opened up. We have the Dannemora mine here in Sweden, Sydvaranger in Norway, Arcelo Mittals entry in Liberia and in South America at Sierra Grande in Argentina,

Beowulf Mining plc is listed on the AIM market in London and has plans to be listed in Stockholm
Northland Resources is listed on the stock exchanges at Toronto, Frankfurt and Oslo.

I would not be surprised if Russian or Chinese steelcompanies or Arcelor Mittal will step in as part owners in both these projects in the Norrbotten county of Sweden. That would vitalize the mining scene here in Sweden in the same way as the Lundin Group did 10 years ago , says Magnus Ericsson.

A trend in the present boom is that more steel companies want to integrate into iron ore mines to ensure their own iron ore demand.

good find Marc, am holding 50k of these from when they were on OFEX market and now 50% down, but info as above gives me confidence that in 5 years or so these could be into +

At the 2006 annual prize ceremony of the "Mineraljakten" ("The mineral hunt"), a
competition organized by the Geological Survey of Sweden and open for private
prospectors to find new mineral prospects of economical interests in northern
Sweden, a top prize was awarded to a local prospector for the discovery of a
boulder with unusually high grades of copper (14.9%), gold (4.52 grams per
tonne) and silver (196 grams/tonne). The boulder is within the Ballek licence
area. (Beowulf Mining land)

I like bits like this keeps me happy to hold.

marc3254,

Are you still holding these?

Someone just took a hit, 79599 at 1.75p! Ouch.

The MM's didn't even want to take that small amount of stock on it would appear!

I have a feeling BEM is going to test your "patience is a virtue" theory somewhat

Where's our young director these days?

Someone just sold 222,222 at 1.55p!

24/04/08 11:35 1.55 222,222 O 2.0 2.5 Sell 0 222,222


Not looking good here, IMO, and probably reflects the decision to give away half of Balek to their sister company, a decision which I cannot see the justification for.

Where is that young director I wonder?

BID now 1.5p!

Not looking good at all.

The directors of LonZim PLC (AIM: LZM), Beowulf Mining plc (AIM: BEM), Respect Your Universe (OTCBB: RYUN) and Wasabi Energy Limited (AIM: WAS) will be presenting:

Tuesday the 11th October 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/123


This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

The directors of LonZim PLC (AIM: LZM), Beowulf Mining plc (AIM: BEM), Respect Your Universe (OTCBB: RYUN) and Wasabi Energy Limited (AIM: WAS) will be presenting:

Tuesday the 11th October 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration : http://www.proactiveinvestors.co.uk/register/event_details/123


This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

looking good.

sure is - should really be around 100p

I was thinking 70p gibby.

Good start 50p today I guess.

yes indeed - strong buying i notice

your 70p my 100p - how about split the difference @ 85p lol!!

have a good day - hopefully end blue around +15 to 20% today

LONDON, Oct 24 (Reuters) - European shares are set to extend the previous

session's rally on Monday on optimism the euro zone policymakers are closer to

agreeing on bank recapitalisation and leveraging the rescue fund, while

encouraging China data is seen boosting miners.

http://www.plus-sx.com/companies/plusCompanyDetail.html?securityId=17663

That chart is exactly the one I printed earlier
Looking very good.
The MACD and RSI are very strong indicators here.
DDD and PHTM also have good charts.
Worth a look

indeed - buying activity continues here i see

mitzy are you still thinking 70p?

Well I never thought you are 66 years of age..

who would have believed it.

mitzy so no 70p then!

lol

heavy selling today?

why down on a seemingly good RNS?

Quite frankly I have no idea.

Surprised to see Beowulf are back down to these levels.

No progress after original spurt.

june gets go a head with mine , taken 4 years, has depressed shares, on a positive
RNS 20p = seen as most likely. BB