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(EMED.L) EMED Mining Public Ltd Buy/Sell
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| Date/Time | Headline | Source |
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| 18-03-10 | AFX UK Focus |
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LONDON, March 18 (Reuters) - EMED Mining Public Ltd:
asx ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| 18-03-10 | RNS |
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RNS Number : 7795I EMED Mining Public Limited 18 March 2010
PROPOSED DUAL-LISTING ON THE AUSTRALIAN STOCK EXCHANGE ("ASX") EMED Mining Public Limited ("EMED Mining" or "the Company"), the AIM quoted mine development and exploration company, is pleased to report good progress on the proposed dual-listing of the Company's securities on the ASX in the second half of 2010. This follows recent consultation with the Company's advisers, institutional mining-specialist investors and the Australian Stock Exchange. The recent introductory presentation in Australia by the EMED Mining Chairman Ronnie Beevor and Managing Director Harry Anagnostaras-Adams has been uploaded to the Company's website. Of particular interest to the mining-specialist investment community is the European Commission's new policy of increasing Europe's production of minerals and metals. The Company reported on progress to that end in the world-class Iberian Pyrite Belt with recent large base metal mine start-ups in this part of Spain including the newly developed projects Las Cruces and Aguas Te?s, both near to the Company's Proyecto Rio Tinto ("PRT"). Also noteworthy was the short timetable to production at PRT, once permitted, and its large growth potential both in the existing open pit mine and at depth in and around the previously worked underground mines on the Company's property. Despite this being long-recognised as one of the world's largest massive sulphide mineralisation systems, there has been almost no exploration below 250 metre depth. EMED Mining Managing Director, Mr Harry Anagnostaras-Adams said, "EMED Mining is recognised as having, in just five years since Company formation, assembled a metal inventory of nearly one million tonnes of contained copper and just over one million ounces of contained gold in situ in JORC-compliant resources, with potential for growth through exploration. "Our development to date of a first-class team based at our work sites, with good projects in pro-development jurisdictions like Spain and Slovakia and, via associate KEFI Minerals plc, in Saudi Arabia and Turkey, has positioned us well. "Copper and gold are today two of the most sought-after asset classes. And the global shortage of copper production capacity makes the Company's Proyecto Rio Tinto in particular an attractive opportunity for value adding in both the short term and longer term. "The Company has been encouraged by the response of the mining investment community and looks forward to progressing the proposed secondary listing of its shares on the ASX later this year. The Board believes that such a listing is a natural step for the Company within the international mining investment and metal production community."
Anagnostaras-Adams
www.emed-mining.com www.emed.tv
COMPETENT PERSONS Information in this report as regards the Rio Tinto Mine that relates to Mineral Resource estimates is based on information compiled by Mr. Pat Stephenson, BSc (Geology) and Mr. Ron Cunneen, BSc (Geology), Mr. Stephenson taking responsibility for the Mineral Resource estimates and Mr. Cunneen taking responsibility for the data on which the estimates are based. Mr Stephenson is Regional Manager, Vancouver and Principal Geologist with AMC Mining Consultants (Canada) Ltd and a full-time employee of that company. He is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr. Cunneen is Head of Exploration for EMED Mining and a full-time employee of that company. He is a Member of The Australian Institute of Geoscientists. Mr. Stephenson and Mr Cunneen have sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activities which they are undertaking to qualify as Competent Persons as defined in the JORC Code. Informatio Notes to Editors: About EMED Mining Public Limited EMED Mining was admitted to trading on AIM in May 2005. The Company is committed to responsible development of metal production in Europe, with a focus on copper and gold. The Group's region of interest are the tectonic belts spanning across Europe and over to the Middle East. The strategy is to evaluate exploration and development opportunities in several jurisdictions throughout this quality mineral belt and to promote sustainable development practices through the implementation of European Union and other international standards. The Company strictly implements its Environmental & Community Policies which includes: · Integrating environmental management into its business, planning and reporting processes; · Promoting a strong environmental ethic throughout the Company and the community;
· Communicating with community stakeholders in a responsible and transparent manner. EMED Mining has now established a strong position in the following selected zones: Copper in Spain: The copper-mining district of Spain is probably among the best known in the world for its metal endowment. The Company's first priority is to start-up production of its wholly-owned Rio Tinto Mine which is the largest metal deposit in Spain. The mining industry is returning to prominence in Spain's Iberian Pyrite Belt and recent initiatives include start-ups in 2009 of major base metal mines at Inmet Mining's Las Cruces Project and Iberian Minerals Aguas Te?s Mine. Lundin Mining also operates the Aguablanca Copper-Nickel mine and Antofagasta PLC started exploration activities in 2009. The Rio Tinto Mine site contains a fully installed and maintained operational complex - an open pit mine, copper-concentrator and waste disposal facilities. The site has been on care and maintenance since 2000 when operations were suspended due to low copper prices. Gold in Slovakia: Exploration areas in Slovakia are centred on a cluster of volcanic centres. Low-detection geochemical methods are being applied to these areas for the first time together with bulk mining concepts for both open cut and underground projects. The Company has announced a significant gold discovery at Biely Vrch and has completed a positive scoping study on its potential development at surface and for its exploration at depth. EMED Mining has other notable earlier-stage activities focused on copper and gold, as follows:
For further information on the Company's activities, visit www.emed-mining.com or www.emed.tv This information is provided by RNS The company news service from the London Stock Exchange END
MSCJPMLTMBMBMPM More |
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| 18-03-10 | RNS |
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RNS Number : 7795I EMED Mining Public Limited 18 March 2010
PROPOSED DUAL-LISTING ON THE AUSTRALIAN STOCK EXCHANGE ("ASX") EMED Mining Public Limited ("EMED Mining" or "the Company"), the AIM quoted mine development and exploration company, is pleased to report good progress on the proposed dual-listing of the Company's securities on the ASX in the second half of 2010. This follows recent consultation with the Company's advisers, institutional mining-specialist investors and the Australian Stock Exchange. The recent introductory presentation in Australia by the EMED Mining Chairman Ronnie Beevor and Managing Director Harry Anagnostaras-Adams has been uploaded to the Company's website. Of particular interest to the mining-specialist investment community is the European Commission's new policy of increasing Europe's production of minerals and metals. The Company reported on progress to that end in the world-class Iberian Pyrite Belt with recent large base metal mine start-ups in this part of Spain including the newly developed projects Las Cruces and Aguas Te?s, both near to the Company's Proyecto Rio Tinto ("PRT"). Also noteworthy was the short timetable to production at PRT, once permitted, and its large growth potential both in the existing open pit mine and at depth in and around the previously worked underground mines on the Company's property. Despite this being long-recognised as one of the world's largest massive sulphide mineralisation systems, there has been almost no exploration below 250 metre depth. EMED Mining Managing Director, Mr Harry Anagnostaras-Adams said, "EMED Mining is recognised as having, in just five years since Company formation, assembled a metal inventory of nearly one million tonnes of contained copper and just over one million ounces of contained gold in situ in JORC-compliant resources, with potential for growth through exploration. "Our development to date of a first-class team based at our work sites, with good projects in pro-development jurisdictions like Spain and Slovakia and, via associate KEFI Minerals plc, in Saudi Arabia and Turkey, has positioned us well. "Copper and gold are today two of the most sought-after asset classes. And the global shortage of copper production capacity makes the Company's Proyecto Rio Tinto in particular an attractive opportunity for value adding in both the short term and longer term. "The Company has been encouraged by the response of the mining investment community and looks forward to progressing the proposed secondary listing of its shares on the ASX later this year. The Board believes that such a listing is a natural step for the Company within the international mining investment and metal production community."
Anagnostaras-Adams
www.emed-mining.com www.emed.tv
COMPETENT PERSONS Information in this report as regards the Rio Tinto Mine that relates to Mineral Resource estimates is based on information compiled by Mr. Pat Stephenson, BSc (Geology) and Mr. Ron Cunneen, BSc (Geology), Mr. Stephenson taking responsibility for the Mineral Resource estimates and Mr. Cunneen taking responsibility for the data on which the estimates are based. Mr Stephenson is Regional Manager, Vancouver and Principal Geologist with AMC Mining Consultants (Canada) Ltd and a full-time employee of that company. He is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr. Cunneen is Head of Exploration for EMED Mining and a full-time employee of that company. He is a Member of The Australian Institute of Geoscientists. Mr. Stephenson and Mr Cunneen have sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activities which they are undertaking to qualify as Competent Persons as defined in the JORC Code. Information in this report as regards the Rio Tinto Mine that relates to Ore Reserve estimates is based on information compiled by Mr. Andy Robb, BSc (Mining Engineering). Mr. Robb is Principal Mining Consultant with AMC Consultants and a full-time employee of that company. He is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code. References in this report as regards the Mineral Resources or exploration results and potential in Slovakia, Cyprus or elsewhere have been approved for release by Mr. Ron Cunneen. Notes to Editors: About EMED Mining Public Limited EMED Mining was admitted to trading on AIM in May 2005. The Company is committed to responsible development of metal production in Europe, with a focus on copper and gold. The Group's region of interest are the tectonic belts spanning across Europe and over to the Middle East. The strategy is to evaluate exploration and development opportunities in several jurisdictions throughout this quality mineral belt and to promote sustainable development practices through the implementation of European Union and other international standards. The Company strictly implements its Environmental & Community Policies which includes: · Integrating environmental management into its business, planning and reporting processes; · Promoting a strong environmental ethic throughout the Company and the community;
· Communicating with community stakeholders in a responsible and transparent manner. EMED Mining has now established a strong position in the following selected zones: Copper in Spain: The copper-mining district of Spain is probably among the best known in the world for its metal endowment. The Company's first priority is to start-up production of its wholly-owned Rio Tinto Mine which is the largest metal deposit in Spain. The mining industry is returning to prominence in Spain's Iberian Pyrite Belt and recent initiatives include start-ups in 2009 of major base metal mines at Inmet Mining's Las Cruces Project and Iberian Minerals Aguas Te?s Mine. Lundin Mining also operates the Aguablanca Copper-Nickel mine and Antofagasta PLC started exploration activities in 2009. The Rio Tinto Mine site contains a fully installed and maintained operational complex - an open pit mine, copper-concentrator and waste disposal facilities. The site has been on care and maintenance since 2000 when operations were suspended due to low copper prices. Gold in Slovakia: Exploration areas in Slovakia are centred on a cluster of volcanic centres. Low-detection geochemical methods are being applied to these areas for the first time together with bulk mining concepts for both open cut and underground projects. The Company has announced a significant gold discovery at Biely Vrch and has completed a positive scoping study on its potential development at surface and for its exploration at depth. EMED Mining has other notable earlier-stage activities focused on copper and gold, as follows:
For further information on the Company's activities, visit www.emed-mining.com or www.emed.tv This information is provided by RNS The company news service from the London Stock Exchange END
MSCJPMLTMBMBMPM More |
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| 03-03-10 | RNS |
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RNS Number : 9840H EMED Mining Public Limited 03 March 2010
Biely Vrch and Slovakia Gold Exploration Update EMED Mining Public Limited ("EMED Mining" or "the Company") is pleased to provide an update on the progress of the 100%-owned Biely Vrch Project towards development and the Company's 2010 gold exploration program in Slovakia. Refinement of the Scoping Study for the Development of the Biely Vrch Gold Deposit AMC Consultants has been mandated to refine the Biely Vrch Scoping Study with a view to achieving the following:
The initial Scoping Study envisaged:
> a recovered grade of 0.6 to 0.7g/t gold (which is a recovered grade, after mining and processing, similar to comparable gold porphyry mining operations internationally); and
The mine would employ approximately 120 people, require annual expenditure in the region of US$36 million and have attractive economics based on Scoping Study operating cost estimates (US$500 to US$600/ounce) and current gold prices (>US$1,100/ounce). Biely Vrch has additional drill-confirmed potential below the current Mineral Resource (41.7 million tonnes at 0.79g/t gold, containing 1.1 million ounces). This depth potential is to be evaluated further after progressing the open-cut mine towards development. Of particular interest is the relatively higher grade core of the deposit which increases in grade with depth and remains open at depth. Preliminary Environmental Impact Assessment for the Biely Vrch Gold Project EMED Mining is currently considering the appropriate experts to mandate for the Preliminary Environmental Impact Assessment, which is to be submitted to the regulatory authorities during 2010. The Company is also seeking formal confirmation of support for its plans before proceeding to a full feasibility study and development planning. This is the regulatory roadmap agreed with the relevant authorities with whom EMED Mining is also discussing the royalty rate applicable to gold produced from the Biely Vrch Project. Evaluation of Porphyry Gold Potential Elsewhere in Europe The Company's successful search for porphyry gold deposits in the Central Slovakia Volcanic Field has led to sixteen such mineralised systems being examined, six being drill tested and the discovery of a 1.1 million ounce deposit with attractive economics based on Scoping Study investigations. All of this work has taken only four years and at a total cost of EUR5.4 (US$7.3) million. At a discovery cost of EUR5 (US$7) per resource ounce,this exploration effort has been efficient and cost effective. More porphyry targets remain to be tested within the Central Slovakia Volcanic Field. Third parties with gold projects in similar settings elsewhere in Europe have invited EMED Mining to consider forming alliances. A range of potential alliances with these other companies will be considered following technical evaluation of their gold projects. Evaluation of Other Gold Mineralisation Styles in the Central Slovakia Volcanic Field The Company holds six exploration licences totalling 695km2 and until recently has focussed on the search for low-grade, bulk-mineable gold porphyry systems. Other known mineralisation styles include: > Epithermal quartz stockworks; > High-sulphidation epithermal systems; and > Rozalia (a local gold mine) style mineralisation. EMED Mining has an informal alliance with the Rozalia Mine on a small mining licence which is located within the Company's Hodrusa licence area. The Rozalia Mine exploits narrow, flat, high-grade gold bearing quartz veins using traditional small-scale, hand-held mining methods. Information recently provided by Rozalia Mine owner, Slovenska Banska s.r.o., indicates that in addition to the narrow, high-grade gold veins there is also potential for wider zones of Rozalia-style mineralisation that may be amenable to larger scale, bulk underground mining methods. Assays from three recent holes drilled from underground in the Rozalia Mine returned one hole (BHS-77) with 21.9m at 2.8g/t gold (including 1.9m at 17.7g/t gold). A second hole (BHS-78) returned 26.2 m at 1.4g/t gold (including 8.0m at 4.5g/t gold). These are potentially economic widths and grades for bulk-tonnage underground extraction. During 2010, EMED Mining will assess the potential on the Company's Hodrusa licences surrounding the Rozalia Mine for bulk-mining opportunities both underground and at surface. Drilling Program The 2010 drilling program is planned to start in April and will focus on: > geotechnical drilling for the revised Biely Vrch Scoping Study; and > exploring for gold in Central Slovakia, including Rozalia-style targets. Harry Anagnostaras-Adams, Managing Director of EMED Mining, commented: "Our goal for 2010 is to advance the project design and permitting process for Biely Vrch and justify triggering a Final Feasibility Study, which will hopefully lead to development and production. "In parallel, we will explore our large licence area in Central Slovakia for porphyry and other mineralisation styles in an area that historically yielded over 120 million ounces of silver and 3 million ounces of gold. "We are also looking at opportunities elsewhere in Europe that will allow us to capitalise on our in-depth experience with porphyry gold deposits."
Enquiries
www.emed-mining.com www.emed.tv Competent Person Information in this announcement that relates to Mineral Resource estimates and exploration results is based on information compiled by an appropriate team of geologists and specialists consultants under the monitoring and supervision of Mr Ron Cunneen, BSc (Hons.) Geology. Mr. Cunneen is Head of Exploration for EMED Mining and a full-time officer of that company. He has had more than 20 years' experience in the field concerned and is a Member of The Australian Institute of Geoscientists. Mr. Cunneen has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activities he is undertaking to qualify as Competent Persons as defined in the JORC Code. Mr. Cunneen consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears. Notes to Editors: About EMED Mining Public Limited EMED Mining was admitted to trading on AIM in May 2005. The Company is committed to responsible development of metal production in Europe, with a focus on copper and gold. The Group's region of interest are the tectonic belts spanning across Europe and over to the Middle East. The strategy is to evaluate exploration and development opportunities in several jurisdictions throughout this quality mineral belt and to promote sustainable development practices through the implementation of European Union and other international standards. The Company strictly implements its Environmental & Community Policies which includes: · Integrating environmental management into its business, planning and reporting processes; · Promoting a strong environmental ethic throughout the Company and the community;
· Communicating with community stakeholders in a responsible and transparent manner. EMED Mining has now established a strong position in the following selected zones: Copper in Spain: The copper-mining district of Spain is probably among the best known in the world for its metal endowment. The Company's first priority is to start-up production of its wholly-owned Rio Tinto Mine which is the largest metal deposit in Spain. The mining industry is returning to prominence in Spain's Iberian Pyrie Belt and recent initiatives include start-ups in 2009 of major base metal mines at Inmet Mining's Las Cruces Project and Iberian Resources's Aguas Tenidas Mine. Lundin also operates its recent start-up Aguablanca and Antofagasta started exploration activities in 2009. The Rio Tinto Mine site contains a fully installed and maintained operational complex - an open pit mine, copper-concentrator and waste disposal facilities. The site has been on care and maintenance since 2000 when operations were suspended due to low copper prices. Gold in Slovakia: Exploration areas in Slovakia are centred on a cluster of volcanic centres. Low-detection geochemical methods are being applied to these areas for the first time together with open-pit bulk mining concepts. The Company has announced a significant gold discovery at Biely Vrch and has completed a positive scoping study on its potential development. EMED Mining has other notable earlier-stage activities focused on copper and gold, as follows:
For further information on the Company's activities, visit www.emed-mining.com or www.emed.tv This information is provided by RNS The company news service from the London Stock Exchange END
MSCXLLLBBXFBBBX More |
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| 16:34 | ||||
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EMED Mining (AIM: EMED) said its addtional listing on the ASX (Australian Stock Exchange) planned for the second half of the year is on track, following consultations with the exchange, its advisers and institutional mining-specialist investors.
The investment community was particularly excited by the operational progress made by the company and the European Commission’s new policy of increasing Europe’s production of minerals and metals, which bodes well for the development of EMED’s flagship Rio Tinto mine (Proyecto Rio Tinto, PRT) in Spain and adjacent projects. EMED has recently conducted an introductory presentation in Australia, reporting on progress in its Iberian Pyrite Belt with recent large base metal mine start-ups in this part of Spain including the newly developed projects Las Cruces and Aguas Tenidas, both near PRT. Another positive was the short timetable to production at PRT upon the receipt of permits and its growth potential both in the existing open pit mine and at depth in and around the previously worked underground mines on the property. There has been no exploration below 250 metre depth despite PRT’s being long recognised as one of the world’s largest massive sulphide mineralisation systems. The company said it was encouraged by the response it received from the investment community and said that demand for metals was likely to grow to further increase the attractiveness of its assets, and an Australian quote would garner it more support for its projects. “Copper and gold are today two of the most sought-after asset classes. And the global shortage of copper production capacity makes the company's Proyecto Rio Tinto in particular an attractive opportunity for value adding in both the short term and longer term. The company has been encouraged by the response of the mining investment community and looks forward to progressing the proposed secondary listing of its shares on the ASX later this year. The board believes that such a listing is a natural step for the company within the international mining investment and metal production community,” said managing director of EMED Harry Anagnostaras-Adams. EMED plans to commence production from the Rio Tinto mine in 2011, having timetabled the regulatory and permitting process over the course of the next twelve months. Public consultations, further regulatory reviews and administrative approvals are expected to be completed from the second quarter of the 2010 calendar year onwards, while the company plans to seek shareholder approval and commence start-up activities at the mine through the third and fourth quarter of 2010. Earlier this month, the company commissioned a refinement of the scoping study at its Biely Vrch gold project in Slovakia to adjust the siting of infrastructure, and improve the project economics by adjusting the slopes of the planned open pit. The study is also to evaluate the potential for additional revenues from selling waste rock mined from the open pit for use in building roads. http://www.proactiveinvestors.com/companies/news/4864/emed-mining-says-asx-listing-progressing-well-seeing-strong-support-from-investors-4864.html  |
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don,t open the link from beli, it is a virus and has been posted on ANGM,NYO and others
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Any signifigance in EMED on top of second page when before it has been on fourth page,WWWiii ? |
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Thank you Dyfi,I live in Pontardawe nr.Swansea,not far from you!! Saw the film,but did not know where the person came from. Best of luck,LKT |
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