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/

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?