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Red Rock Resources (RRR)     

moneyman - 30 Apr 2007 23:13

Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.

Chart.aspx?Provider=EODIntra&Code=RRR&Si



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moneyman - 02 May 2007 17:30 - 2 of 859

Strong buying today

moneyman - 04 May 2007 13:13 - 3 of 859

RED ROCK RESOURCES PLC

Trading Update


Dated: 16 April 2007


Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration and
development company focused on advancing iron ore, uranium and manganese
projects in Australia and East Africa, has entered into an agreement for toll
processing of manganese in Zambia to produce ferromanganese.

The agreement is with Chiman Manufacturing Ltd ("Chiman"), a corporation
registered in Zambia to provide for the crushing, preparation, and processing of
ore supplied by the Company's Zambian subsidiary from stockpiles and surface
material at its Chiwefwe mining license. The agreement is effective from the
date of first delivery of ore to Chiman's ferromanganese plant at Kabwe.

Under the agreement, the Company will have exclusive use of a furnace and will
pay $150 per tonne of ferromanganese delivered, plus the cost of coke, plus 25%
of sale profit (being at least $100 per tonne) net of Government royalty.

Chiman is currently producing and selling ferromanganese from the Kabwe plant
and the Company will be working in conjunction with Chiman to sell the product
into local and overseas markets.

The Company expects to make first deliveries shortly.



Very difficult to buy these now.

moneyman - 08 May 2007 12:02 - 4 of 859

Volume picking up quite nicely today.

moneyman - 09 May 2007 09:47 - 5 of 859

Nice news on a sell of their Uranium assets but still holding a 15% stake in the company so have exposure.This will eliminate the need to raise additional resources for the Manganese project.

moneyman - 29 May 2007 12:44 - 6 of 859

More news and what looks like

RRR - Chart breakout

cchart.php?epic=RRR&height=152&width=245

moneyman - 04 Jun 2007 19:08 - 7 of 859

Shares in Regency Mines (AIM: RGM) gained 32 per cent to 5.15p on the back of building interest in its Mambare nickel project in Papua New Guinea. Sister company Red Rock Resources (AIM: RRR) saw its shares gain 17 per cent to 3.4p on the back of a similar increase in interest in its Chiwefwe manganese project in Zambia. Look out for Minesite comment on Red Rock shortly
http://www.minesite.com/nc/minews/singlenews/article/that-was-the-week-that-was-in-london-85/1.html

moneyman - 05 Jun 2007 20:05 - 8 of 859

New Minesite article

http://www.minesite.com/nc/minews/singlenews/article/red-rock-resources-divesting-other-interests-to-focus-on-manganese-production-in-zambia/1.html

driver - 05 Jun 2007 20:32 - 9 of 859

moneyman
Can you copy and paste I can't be botherd to register, cheers.

moneyman - 05 Jun 2007 22:12 - 10 of 859

driver read it on AFN

moneyman - 07 Jun 2007 00:07 - 11 of 859

Red Rock Resources Divesting Other Interests To Focus On Manganese Production in Zambia

By Henry Sanford

A few weeks ago we reviewed the progress of Regency Mines, a small AIM-listed company that seems to have found a following in the market as it develops the Mambare nickel laterite project in Papua New Guinea. Well, Red Rock Resources is Regencys sister company, the primary common link, going back to when Red Rock was spun out of Regency in 2005, being executive chairman Andrew Bell. Red Rock has now also acquired a following of its own as a result of the near-term production potential of its Chiwefwe manganese project in Zambia as the 17 per cent rise in the share price last week confirmed.

Early in its life Red Rock appeared to be centred on iron ore interests in Australia, explaining the Red Rock moniker. There were also some uranium tenements in Australia and Malawi thrown in for good measure, but recently the Chiwefwe project has taken on more and more importance, to the extent that Red Rocks iron ore interests have been partially sold off to ASX-listed Jupiter Mines, while the Australian uranium tenements are being put into an ASX-listed vehicle presently named Retail Star.

Retail Star will surely be renamed something more suitable in time, and it is probable that Red Rocks Malawian uranium tenements will also be transferred to the new vehicle, of which Red Rock will have management control. Red Rock will be appointing two directors to Retail Star, including Andrew Bell, and is also in negotiations to secure the services of a managing director with substantial uranium experience. The deal is a convenient one for Red Rock, which had previously considered spinning out the uranium into a Toronto-listed company.

On the iron ore front, Jupiter Mines recently exercised its option agreement to acquire 100 per cent ownership of Red Rocks Mt Ida and Mt Hope iron ore licenses in the southern Yilgarn region of Western Australia. Jupiter is to pay Red Rock A$250,000 in cash after exercising the option, as well as issue the company A$1,000,000 worth of new Jupiter shares. Red Rock will in addition receive a 1.5 per cent royalty on any production from the licences. Red Rock still holds a third licence, Mt Alfred, nearby, but Andrew Bell says that the company is very open to discussions on the subject of a sale to Jupiter.

So the net result is that Red Rock is, for the moment, all about the Chiwefwe manganese project. The current plan is to utilise an existing ferromanganese plant in Zambia on a toll treatment basis. The Chiman plant, which is controlled by Chinese interests, is currently out of commission pending works to bring it into compliance with environmental legislation, but Andrew Bell reports that the plants owners expect this to be over with in a matter of months.

Once the Chiman plant is back online, Bell expects that Red Rock will be able to make a profit of some US$2-3 million per annum by processing manganese ore through the plant. This is not exactly a mind blowing figure, but Bell sees it as perhaps just an interim stage. Immediately, feed for the plant is available from surface stockpiles at Chiwefwe and from any easily accessible ore that can be visibly identified. But further into the future greater volumes may become available, and this could open up possibilities for supply to a larger plant.

Red Rock is planning a drill programme for the autumn that should allow the company to announce a JORC-compliant resource. Mapping is currently ongoing to enable the selection of drill holes. Bell also hints that the company is looking at regional deals that would have the potential to put the company into the next league. One of these may or may not come off, but in the meantime the achievement of a JORC resource and of cash flow from Chiwefwe should do wonders for Red Rocks market profile.

moneyman - 25 Jun 2007 13:04 - 12 of 859

A must read

http://www.gold-eagle.com/editorials_05/reser060507.html

moneyman - 25 Jun 2007 15:22 - 13 of 859

Poster on AFN reckons news on it's way.

fliper - 27 Jun 2007 12:36 - 14 of 859

Good results should push the sp well up , also rgm who own 62% of rrr should do well .

moneyman - 28 Jun 2007 22:32 - 15 of 859

When you say results I hope that you do not mean financial results. These will not read too good as they have not started to get revenue from Chifwe as yet.

fliper - 29 Jun 2007 07:05 - 16 of 859

Drill results .

Eddie Two Sheds - 29 Jun 2007 10:32 - 17 of 859

.

moneyman - 01 Jul 2007 22:02 - 18 of 859

Ahh thats OK but drill results from where? Nice to see the last trade go through on PLUS at 4p Friday.

moneyman - 06 Jul 2007 15:55 - 19 of 859

Nice to see RRR in demand today. Getting ready for a breakout.

share trader - 07 Jul 2007 10:13 - 20 of 859

Recent media comment, click HERE

graylyn2 - 26 Jul 2007 20:39 - 21 of 859

High Nickel Prices Ignite Markets for
Laterite Nickel Deposits and Manganese Ore

With refined nickel still at nearrecordprices, many of Chinas biggest stainless steel producers are exploring alternative methods of production in the quest for higher profit margins, in the form of low nickel pig iron. Pre-existing blast or electric furnaces need just a few months of construction to adapt them to be able to process low-grade laterite nickel ore to produce nickel pig iron, thereby removing
an expensive stage in production.

By using low-grade laterite nickel ore Chinese producers can more cheaply nickel pig iron sells for 20 percent less than the refined nickel price and quickly furnish
the ever-expanding demand for 200-series stainless steel, a lowerquality product made with pig iron at 1 to 4 percent nickel content that is primarily destined for the consumer market.

In addition Baosteel, Chinas largest steelmaker and secondlargest stainless steel producer, confirmed in April that they were also using low nickel pig iron mixed with smaller amounts of pure nickel to make their highquality, 4-10 percent nickel
content, 300-series stainless steel that is used in industry, although some sources claimed that they had had mixed success.

The impact from the rising popularity of nickel pig iron is likely to be felt more in the
stainless scrap sector than the refined nickel market, stainless scrap having been more commonly used for 200-series stainless. Prices have already dropped to a 15 percent discount from refined nickel prices from the previous 5 to 10 percent.
Import figures reflect this new movement, with Chinese imports of low-grade laterite nickel ore last year at 3.78 million tonnes, up almost eight-fold from 2005, and Chinas nickel pig iron smelting capacity predicted to double to 2 million tonnes this year, according to Xu Aidong, chief analyst at Beijing Antaike Information
Development Co.

With profit margins high for not only the stainless producers, but also nickel pig iron producers with costs of around 220,000- 250,000 yuan and a selling price of
320,000 yuan per tonne and ore suppliers, and the production of stainless steel unlikely to slow any time soon Antaike predicts 7.2 million tonnes to be produced this year, compared to 5.3 million in 2006 it appears to be a winning situation for everyone involved. The Chinese government will certainly introduce regulations to
deal with this new sector, especially its energy-intensive smelters, at some point in the future, industry sources say, but the recentness of the growth means that it may be a while before they have gathered enough information to do so, and in
the meantime the prices of laterite ore are soaring, with Philippine ore at a 1.4 percent nickel content now selling at 1200 yuan, over double the price a year ago.
Another metal whose stock has been affected by continuing high nickel prices is manganese, which has always been key to steel and iron production thanks to its
sulphur-fixing, deoxidising and alloying properties that prevent the product from being too brittle, but which is now in even higher demand due to nickel-free specialty alloys that are increasingly being used to offset costs and in which
manganese content may reach as high as 16 percent.

The specialty steelmaker Allegheny Ludlum said earlier this year that high prices had forced them to replace nickel in some of their products with manganese, and
other stainless producers are following suit, signifying the desire for a market move away from austenitics to duplex, ferritic and other grades in order to rely less
upon nickel. One report implied that, with a chrome-manganese production increase of as much as 50 percent in the next two years, 20 percent of the nickel-chrome grades market share could be taken away.

In addition to these uses, manganese has many other established and developing applications, including rust prevention, batteries, glass production, fertilisers, and carbody components as well as hybrid car batteries, and a constant supply
of it will be vital to Chinas expanding infrastructure and railways. Around 34 million
tonnes of manganese ore were mined in 2006.

Manganese is also one of the U.S.s top four strategic metals, essential
as it is to steel production, although they have no domestic production of the ore and many of their import supplies are uncertain, coming as they do from countries
with local political instability. And, according to the U.S. Geological Survey, manganese has no satisfactory substitute in its major applications, yet fewer countries now produce the ore than ten years ago.

The International Manganese Institutes report for 2007 states that manganese demand prospects have never been so good, and producers have responded to this increased demand, with companies like BHP Billiton and Consolidated Minerals
Ltd of Australia sharply increasing production, BHP to a record 1.5
million tonnes. Although prices for nickel have multiplied sevenfold, cobalt four-fold, and vanadium and molybdenum six-fold each, manganese prices have merely
doubled in price so far, suggesting it is a greatly undervalued commodity.
Regency, RGM apart from its nickel interests, is also a 45 percent shareholder in manganese specialist Red Rock Resources plc (AIM: RRR). This now appears a
good each way bet for Regency.
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