Gippsland Share Discussion Threads

[robjm66] 16/7/2009 10:03

You are right Shadowchaser think the price is going down for little reason maybe even because people are bored. Behind the scenes though it must be the critical time for Gip with Gip, Starck and the KFW back talking to each other again.

Robert

[shadowchaser] 16/7/2009 09:17

No, Rob ,this waiting game is not for everyone .Little of substance has come from Gippsland as the devious machinations of finance aquisition
grind on.

Hard to keep the enthusiasm going- despite your sterling efforts!

-SC

[robjm66] 15/7/2009 22:33

Not leaving me much to post on Hiijinx at this rate i will be posting on the feldspar price and researching Sanitaryware!



Robert

[hiijinx] 15/7/2009 18:32

and the tin price update brick as well ;-)

[robjm66] 15/7/2009 13:02

Thought i was being subtle in pointing out that Gandel's track record in the mining industry was ever improving Shadowchaser. However i guess i can put the brick i am using to hit people over the head away for one day Lol.

Robert

[shadowchaser] 15/7/2009 12:46

GIP- Strewth!--That was a welcome and narrow escape!

-SC

[robjm66] 15/7/2009 11:12

Tin price up!






Robert

[robjm66] 15/7/2009 11:10

That a shame Shadowchaser i had about a hundred links about Gandel's success with alliance resources to post up today but i guess i will let everyone off.

Copy of post Macleod22 hotcopper.

Wrote to Starck yesterday seeking confirmation of the Supply Agreement amongst other issues.
Following is the reply:

Dear Mr. xyz,

Thank you for your interest in H.C. Starck.

Regarding your questions I am only in the position to confirm that the Supply Agreement is operative.

For all further questions I would recommend to contact the Gippsland Management.

Yours sincerely,

Dr. Joern Vogt
Senior Vice President
-------------------------------
H.C. Starck GmbH
PROCUREMENT
Im Schleeke 78 - 91
38642 Goslar
T: [phone]
F: [phone]
M: [phone]
[e-mail]

[shadowchaser] 14/7/2009 18:37

I think we have all just about had our fill of tales about the miraculous heroes of modern finance and the wonders of free market capitalism
for the time being ,Rob.!

Lol!

-SC

[robjm66] 14/7/2009 12:16

Copy of post hotcopper ian Gandel haveing success with another company.

Hello Domum

Looked at Steller and Alkane today and then everything happens with Alliance!

"It is now hard to argue that MrG doesnt have some kind of tangible success behind his financial abilities in backing a project through to success." If you look at the recent BC iron news you can see Gandel success with moving projects forward to success is no accident.

If i have any problem with him is he does not blow his own trumpet enough you would think with the Gandel name he would be more high profile. Think people will gradually sit up and take notice of what Gandel is involved in though and hopefully the "Gandel effect" will rub off on Gipppsland.






Robert

[robjm66] 14/7/2009 11:16

Congo Conflict minerals bill still making steady progress in the states and they have just picked up another Co-sponser in the congress.



A recent visit to IPC-Association Connecting Electronics Industries, highlighted two more potential cost drivers to watch which may have significant implications to electronics manufacturers.

US Senate Bill S.891, known as the Congo Conflict Minerals Act of 2009, was recently introduced. This bill requires annual disclosure to the Securities and Exchange Commission of activities involving columbite-tantalite, cassiterite, and wolframite from the Democratic Republic of Congo. Cassiterite is a tin ore and can be used in solder.

According to Tony Hilvers, IPC's Vice President of Industry Programmes, the Electronic Industries Citizenship Coalition (EICC) – made up of Flextronics, Jabil, Foxconn, Dell, Intel, Cisco, Sun and others – are concerned about the Senate bill 'initiating research on a transparency model for the electronics industry supply chain, as well as existing supplier codes of conduct addressing labour, ethics, environmental, and/or health and safety issues.' IPC's Government Relations staff in Washington are monitoring the progress of the bill.

"The bill and its impact on the solder industry are still not well understood," Hilvers added.



Tin price looking a bit better today.

Robert

[robjm66] 14/7/2009 10:30

From Ourmark iii and hotcopper

China is implementing measures to protect its rare earth resources:

[robjm66] 13/7/2009 23:06

You could be right Shadowchaser saw a bit about that the other day. Hard to tell what is going on with the tin market when there are players manipulating the price. Just have to hope it bounces back.

Long term the tin market look good for Gip but we could certainly do with the price levels of a little while ago back.

Robert

[shadowchaser] 13/7/2009 19:35

Chinese commodity stock-piling exercise drawing to a close ?

-SC

[robjm66] 13/7/2009 19:11

Tin price still getting a kicking.







Robert

[robjm66] 11/7/2009 13:00

Copy of post hotcopper

Posting this article in full because it will lead to supply chains in the Congo being looked at and a higher Tin price in the medium term. Both things good for Gip.

I wonder if we are getting to the stage where Starck simply has to do a deal if they want to be sure of a stable tantalum supply?


The world's leading tin smelting companies, working with the global tin association ITRI, have, from the 1st July 2009, implemented the first phase of a comprehensive due diligence plan for tin minerals sourced from the Democratic Republic of Congo (DRC). The initiative has been widely welcomed with constructive feedback from the United Nations, the OECD and a number of specialist NGO's.

The ITRI Tin Supply Chain Initiative (iTSCi) scheme has been developed by an ITRI working group, of which Thailand Smelting & Refining Co Ltd (Thaisarco) and Malaysia Smelting Corporation Berhad (MSC) are members. It is being implemented by Thaisarco and MSC in stages, and is designed to be a constructive approach towards improved due diligence and traceability of tin minerals from the region. The scheme is aimed at improving transparency of the tin supply chain and is anticipated to complement the initiatives of national and international governmental organisations in the DRC.

The first phase of the iTSCi scheme focuses on the immediate supply chain from the DRC exporter/comptoir to smelter and introduces due diligence procedures which will ensure the legitimacy of suppliers and the mineral which they export. A newly agreed industry procedure for recording a range of export documents, as well as a specially designed 'comptoir certificate', forms the basis of the first phase. The comptoir's certificate will record a physical description of the material, together with the declared mine origin and transport route via the intermediate 'negociant' supplier.

Actions that will extend the level of knowledge by collating upstream supply chain information from mine to exporter/comptoir are planned in the second phase of the project. At that stage ITRI intends to work with project partners within the DRC from relevant technical organisations and official services; the Division of Mines and SAESSCAM (the artisanal mining support and monitoring organisation) are DRC organisations which may be of particular importance in this field work. This phase will be implemented following discussion with relevant partner organisations and when funding has been agreed. It is hoped this can be achieved in 2010.

The third phase will include of a more detailed set of supply chain performance standards and ratings that will allow both qualitative and quantitative assessment of a range of factors at each level of the supply chain. It is anticipated that this third phase may be implemented in 2010 or 2011.

Kay Nimmo, Manager of Sustainability and Regulatory Affairs noted that "ITRI and its members recognise the importance of the small scale mining sector, as artisanal miners contribute more than 50% of the world's tin production. We are very pleased to announce details of the iTSCi project, aimed at operations in the DRC, as it is an important first step in our activities."

Malaysia Smelting Corporation Berhad (MSC) and Thailand Smelting & Refining Co Ltd (Thaisarco), the only ITRI members smelting cassiterite originating in the DRC, are keen to promote the iTSCi scheme. Their suppliers participating in the project are currently: BEB Investment, Comptoir Panju, CR Central Africa, Metmar, Minerals Supply Africa, Refractory Metals Mining, Tengen Metals, Trademet, Traxys and T.T.T. Mining.

Development of the iTSCi plans is continuous and ITRI is working not only with industry supply chain partners but with governmental and non-governmental organisations who are being consulted on these activities. Examples include the Minister of Mines of the DRC, the UN Group of Experts, the OECD, and a number of NGO's including Global Witness the ENOUGH Project.

About Cassiterite from the DRC:
Background documents such as the ITRI Artisanal and Small Scale Mining (ASM) Policy as well as specific information relevant to the situation in the DRC can be found on this ITRI webpage;
 

The provinces of South Kivu, North Kivu and Maniema are the main cassiterite mining provinces within the DRC. All mining operations for cassiterite in these areas are by artisanal means. There is no formalised mining of cassiterite in the DRC. The ITRI estimate of tin supply from the region in 2008 is 15,500t, representing around 6% of world mine production.

Robert

[robjm66] 10/7/2009 12:01

Noventa has clear out of management.

Robert

[robjm66] 10/7/2009 11:29

Not good news.







Robert

[robjm66] 09/7/2009 14:11

When are Gip going to tell us about their licence?

Robert

[robjm66] 09/7/2009 10:39

"On Monday Bloomberg noted that tin's open interest, or the number of futures contracts outstanding, rose to a record level. Open interest in tin futures, the least traded among the exchange's nonferrous metals, jumped 7.9 % from the end of June to 36,281 contracts as of July 3. In addition one unidentified firm has held between 30 -39 % of total LME warrants since late January."

"Long tin positions are a major bugbear for the tin industry. Committee members at the London Metal Exchange (LME) are angry at the LME's lack of action on the large scale long tin positions."








Robett

[robjm66] 08/7/2009 11:25

From hotcopper poster Bergler

Hi rob

I am also happy I got a very clear answer on that issue and the date Oct is the report date to the BMZ.

Here a summary from the pdf I got sent so you understand the connections and how the fingerprint works.

Abstract
Since about the year 2000, the African continent has developed into a major exporter of "coltan" – heterogeneous concentrates of niobium-tantalum ore. A probable link between raw material exports (i.e. tin, tantalum, tungsten, gold and diamonds) and continuing violent conflicts, especially in the Democratic Republic of the Congo, is widely discussed.

In many African countries, tantalum ore is mined from rare-element pegmatites and their weathering products (placers) by mainly artisanal, small-scale mining operations.

On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Federal Institute for Geosciences and Natural Resources (BGR) commenced a pilot project on the analytical fingerprint of coltan ores.

Reference samples from known locations are being
studied using a variety of methods, followed by regional pilot studies in selected mining areas in Africa.

The combined mineralogical and geochemical information is used to discriminate between ore provinces, even down to the deposit scale, especially in east and central Africa.

In a first step, determination of mineral formation ages using the U-Pb isotope system traces the origin of a concentrate to one out of five "age provinces" known from African tantalum-bearing pegmatites.

In a second step, mineralogical parameters such as modal mineralogy, grain size distribution and intergrowth relationships are determined. Coltan is a mixture of a large number of minerals, commonly dominated by columbite-tantalite group minerals. In cases, their compositions and textural relations are considered diagnostic proofs of origin.

In a final step,the concentrations of major and trace elements are measured in a representative number of columbite-tantalite grains from a given sample. Some elements, e.g. the rare earth elements, are
suitable for fingerprinting. Mathematical methods are applied to classify samples objectivelyand to validate the results.

So far, our data show that gross discrimination of "coltan provinces" is possible using age determination. Mineralogical and geochemical attributes of coltan concentrates and columbitetantalite
group minerals further allow distinction of single deposits within certain age provinces.

I also hope that Starck show that they are better than the law, maybe knowing the law will come.

Regards Bergler

[robjm66] 07/7/2009 23:52

From Hotcopper poster Bergler

Got an answer today from the BGR about my request concerning the state of the "Coltan Fingerprint" and if it will get used by the Americans also.(I sent some rob US senate links)

As a whole translation is to much work if it can' t get understood I just translate the sence in some words.

Their work is not finished jet, but it should be in Oct 2009 and at least they will be able to show the ore province of origin.(they also work on a fingerprint for tin and tungsten)

The project is unique and they are the only ones working on the prearrange of tantalum origine worldwide, as I got informed.

(Which shows me that if the Americans want to impede blood tantalum imports they will have to use the methode of the BGR)

If the tantalum fingerprint ever gets used will be a question of politics and Germany seems to be still drawn and hefting, so says the information I got.
(Also got a pdf attached explaining the work on the fingerprint which I am still reading)

Regards Bergler

[hiijinx] 07/7/2009 18:40

thanks for the selftrade info pablo & luckyjonah, i was trying to make sense of the form today as well....

selftrade are not being that helpful

[carlos panda] 07/7/2009 15:40

FWIW Barclays still say that they are unable to transfer the shares to TD Waterhouse because they have not been reregistered in Oz yet... except that...

"We advise that all UK shares have been transferred onto the AUS share
market.

Teneille Patten
PA - Executive Administration

Security Transfer Registrars Pty Ltd"

[pabloscaramanga] 07/7/2009 15:15

cripes they reallu are useless/ thanks again