Daniel Stewart DAN.LN Receives Positive Market Support For Deal Struck With Jade Global

Daniel Stewart DAN.LN the London based Pan-Euro-Asia investment bank, corporate finance and brokerage group, receive a very positive market response to their recent deal announced with Jade Global, a Chinese based brokerage and financial services group. Shares in Daniel Stewart rise on trading, Thursday, as the market picks up on the story. There is expected to be a raft of Asia companies looking to IPO in London, with Chinese Sports Brand NAIBU being one of the first major consumer brands seeking a London listing. Daniel Stewart are lead broker for the NAIBU, IPO and with a wave of new Asia focused funds being established, with a country specific focus such as Mongolia, Vietnam, Taiwan and South Korea, Daniel Stewart will be well positioned to take advantage of this exciting new Asia led IPO activity.

Daniel Stewart DAN.LN Hit THE Big Time With Major Chinese Investment Partners Jade Global

27 March 2012 DANIEL STEWART SECURITIES PLC ('Daniel Stewart' or 'the Company') ISSUE OF EQUITY  The DS deal with Jade will help open up a pipeline feed of China-Asia IPO's for DS This could be a real flower tile Mahjong moment Daniel Stewart (AIM: DAN.L), stockbroker and corporate finance adviser to smaller and medium-sized companies, is today pleased to announce that Jade Global Investments Limited ("Jade"), a financial services company based in China, has subscribed for 10,000,000 new ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at a price of 2.5 pence per Ordinary Share.  The proceeds of the Placing will be utilised for general working capital. Following this issue, Jade will hold 29,400,000 Ordinary Shares amounting to 5.65% of the enlarged issued share capital of the Company. Application will be made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 30 March 2012. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares. .Peter Shea, Chief Executive Officer said: "This is an important investment for the Company in that it demonstrates the success to date of our strategy to grow our business in Asia.  Our permanent presence has led to significant interest from the small and mid-cap community in the region.  We have a pipeline of high quality companies for whom we are working to find capital on a global basis to exploit the opportunity for growth that Asia now presents."

Strategic Minerals SML.LN Closer to First Major Shipment From Cobre

Strategic Minerals SML.LN, one of London AIM's few iron ore miners currently in production, edge closer to the start of large scale rail shipments from their COBRE magnetite stockpile in New Mexico.
SML who recently secured a major off-take deal with Glencore, are set to make their first rail shipment in April, where initial output will be approximately 40,000 tonnes per month ramping up to 60,000 tonnes per month. These significant shipment volumes will generate strong cash flows for SML over the life of COBRE (up to 8.75 years) based on 6,570,000 stockpile resource processed at a rate of 750,000 tonnes per year.


The company will use the cash proceeds to rapidly advance its flagship east Australia Iron Glen magnetite project. With surrounding rail head serving the Iron Glen site and providing a convenient link to the bulk commodity deep sea shipment Port of Townsville, Iron Glen is ideally positioned to supply both export ready magnetite to world markets, but also to serve the heavy local demand for magnetite DMS from the cluster of coal companies operating in the nearby Bowen Basin.


www.strategicminerals.net

Stellar Diamonds STEL.LN Massive JORC on Tongo Kimberlite Project Sierra Leone

Stellar Diamonds STEL.LN Shining Bright in Sierra Leone 

Stellar Diamonds is London AIM's leading diamond exploration company today announce a maiden resource for the Tongo kimberlite dyke project in eastern Sierra Leone.
With ex De Beers people steering the ship, Sierra Leone on the up and China falling in love with diamonds like never before and with leading London Broker Daniel Stewart supporting them in the market, Stellar have a future brighter than diamonds.

Highlights:

· 660,000 carats JORC compliant inferred resource for Dyke-1

· Resource grade of 120 carats per hundred tonnes (+1.0mm cut-off)

· High quality diamond value, modelled at between $225 per carat to $270 per carat (+1.0mm cut-off)

· In-situ contained diamond value estimated by Stellar to be between $148m and $178m to date

· In-situ kimberlite value calculated to be between $270 to $324 per tonne

· The kimberlite remains open along strike and at depth

· Potential to grow the resource at Dyke-1 as well as adjacent dykes

Brazilian Gold Corp BGC.TSXV Massive Gold Grades Discovered at BOA VISTA Northern Brazil

Brazilian Gold Corp BGC.TSX.V The fast track developer of large scale low cost open pit gold projects in Northern Brazil report significant gold grades at their Boa Vista Gold Project in Northern Brazil. 

The results suggest BOA Vista has the potential to be a world-class low cost open pit large scale gold mine operation with what could be astonishing grades going through the planned process treatment facility. Boa Vista is supported by turn on ready infrastructure and has the potential to be in production over the near term. With grades like the ones just reported, Brazilian Gold Have Really Struck Gold!!!!!!!!!!!

HIGHLIGHTS

VGD-011-12 intersected 2.0 m grading 9.70 g/t and 1.5 m grading 10.7 g/t within an interval of 38.5 m grading 3.50 g/t gold; the 38.5 m interval is within a larger mineralized envelope of 97 m grading 1.72 g/t gold.

VGD-013-12 intersected 31.0 m grading 1.47 g/t gold within a larger mineralized envelope of 90.6 m grading 0.65 g/t gold.

       VGD-011-12 and VGD-013-12 are located approximately 225 m and 420 m, respectively, southeast of previously reported drill hole VGD-001-11, which intersected 29.6 m grading 3.09 g/t and 13.58 m grading 2.80 g/t gold within a larger mineralized envelope of 102.3 m grading 1.43 g/t gold.

 *The nine holes completed in this program at the VG1 target have intersected wide intervals of alteration and mineralization over a strike length of 600 m; mineralization is open down dip and along strike.

*The drill program has tested the eastern portion of the VG1 gold-in-soil anomaly (2,000 m long) and an additional 1,400 m of strike length remains to be tested by drilling.

*Near surface gold mineralization at the VG1 target has the potential to be mined by low cost open pit extraction.

*VG1 target represents one of several highly prospective gold targets identified on the Boa Vista project.

*Induced polarization (IP) survey (approx. 60 line km) has been completed and is currently being processed and interpreted.

ZINCOX Resources ZOX.LN Game Changing in the Zinc & Electric Arc Furnace Dust Business Begins

Brilliance, Science, Metallurgy, Diplomacy, Innovation, Talent, Expertise, Responsibility, Hard Work, Dedication, Belief, Trust, Environmental Responsibility, Wealth Creation, Friendship, Partnership, Engineering, Aerodynamics, IT, Outstanding Corporate Governance, Game Changing, Decency, Honesty..............

ZINCOX

The Very Best Example of When Life, Education, Research, Development and Business, Combine Forces Within People Across Different Nations, Cultures and Beliefs to Deliver Something Amazing.

Well Done ZINCOX
Well Done Great Britain
Well Done Belgium
Well Done Korea

www.zincox.com

TAIA Lion Resources Phase One Drill Programme Update

TAIA Lion Resources the developer of the exciting Gori Hills and Lake Sonfon Gold Projects in Sierra Leone, concludes their phase one drill campaign and ships samples off for assaying.
Commenting on the progress so far CEO Ari Untracht said,

"The drill campaign on both our  Gori Hills and Lake Sonfon properties has gone really well and I take this opportunity of thanking the drill team, our geological and technical teams, plus our local Sierra Leone team for their splendid work on this our first drill campaign and I look forward to releasing the results to our shareholders as soon as possible"

URU Metals URU.LN Shares Soar by 18% On Heavy Buying

URU Metals URU.LN, London AIM's leading uranium exploration and development company see their shares soar by 18% on heavy buying, Monday as brokers suggest a raft of M&A activity about to begin in the uranium sector.
www.urumetals.com

Vatukoula Gold Mines VGM.LN Production Up Profit Up Mining Up Shares Up

Fiji-based Vatukoula Gold Mines is benefitting from a range of new mining initiatives that includes a greater focus on efficiency mining rather than volume mining as it sees mine profit for the quarter to February at £0.9 million compared to a loss of £2 million in the same period last year. Mine profit for the half year period was £2.3 million compared to a profit of £2.2 million.
VGM shipped 13,869 Ounces in the quarter and output increased by a quarter to 14.315 ounces compared to the same period a year ago to leave total production for the half year to end February little changed at 29,999 ounces.

Chief executive David Paxton said he was pleased with the performance, adding that underground mining and development increased substantially.

“Through improvements in our underground mining practices we were able to achieve an underground grade of 5.70 g/t, while increasing the development metres.

The improved production and higher grade, along with higher gold prices ensures that we continue to operate on a positive operational free cash flow basis,”

“At the end of the six months gold production from underground remained on target to achieve our forecast production of 65,000 ounces for the current financial year,” he added.

Vatukoula’s production of underground ore for the six months rose to 165,339 tonnes up from 154,000 tonnes, with underground development 13,238 metres up from 11,354 metres in the comparable period.

The miner shipped and sold 13,869 ounces of gold during the quarter and a total of 28,456 ounces for the six months.

Total cash costs per ounce of gold produced in the three months were US$1,419, down from US$1,530 in the same period last year and largely a result of the higher grades delivered to the mill, which increased the gold produced.

These results should help pave the way for further developments at Vatukoula where there is a strong upside potential to develop and mine other ore bodies contained within Vatukoula's huge acreage

Strategic Minerals SML Strikes it Big with Glencore

Strategic Minerals Plc (AIM: SML), the magnetite focused iron ore producer and exploration company, is delighted to announce that it has entered into a commercial contract (“Contract”) with a subsidiary of Glencore International PLC (LSE:GLEN), for the sale of iron ore concentrate from its Cobre Project in New Mexico, to Glencore AG.

Under the terms of the Contract, the total quantity of magnetite to be made available to Glencore from Strategic’s Cobre Project is 800,000 wet metric tonnes (“WMTs”). Initial deliveries of up to 60,000WMTs under the Contract are scheduled to start from April, subject to the relevant standard freighting and performance related documentation being in place.

The start date coincides with the expected completion of the Cobre rail-spur upgrade this month. The rail-spur will allow the contracted magnetite to be transported by train to the Port of Guaymas in Mexico where it will be unloaded for shipping.

Steven Sanders, Chairman of Strategic Minerals, said:

“We are delighted to have entered into this long-term agreement with one of the world’s leading commodity suppliers. It demonstrates not only the strength of our business model and our ability to acquire projects that can deliver shareholder value, but also the ability of our management to execute on those projects.”

Strategic Minerals (SML.LN) Picking Up The Pace at their Cobre Magnetite Stockpile, New Mexico. Advancing Iron Glen with JORC now out

Strategic Minerals (SML.LN) the london listed mining company with a focus on Magnetite, is currently ramping up production from its Cobre Magnetite Stockpile in New Mexico. The company is set to ship up to 60,000 tonnes of magnetite per month, generating for SML significant cash earnings over the going years. The company is also fast tracking the development of its signature Iron Ore project Iron Glen, located in Eastern Australia. Iron Glen benefits from great surrounding infrastructure, including rail line, power, water and plenty of capacity available at the nearby Port of Townsville, a well known Iron Ore shipment Port. SML recently released to the market a JORC on Iron Glen, where in addition to magnetite,
considerable resources of silver and lead were reported. These will add to the economics of Iron Glen, where it is suggested that the project could move into production within three years, given the fact infrastructure is in place.

Given the fact SML is generating cash from Cobre, it has the resources to invest in Iron Glen's development, plus make acquisitions of other stockpiles and iron ore assets, without making major calls on shareholders for additional cash, with the potential dilution that goes with it. SML looks certain to deliver a promising road ahead for investors.

Highlights from the JORC Compliant Resources Statement are:

Ø Drill indicated resource at 15% cut-off confirmed by independent consultants as 1.77M tonnes @30.2% Iron (Fe);

Ø The indicated resource and adjacent inferred resource of 0.15 million tonnes at 19.6 % Fe results in a total resource of 1.92M tonnes @ 29.3% Iron (Fe), 0.10% Copper (Cu) and 10.3g/t Silver (Ag);

Ø Consultants have estimated through preliminary Davis Tube Testwork that Iron Glen contains an Inferred in ground resource of 630,000 tonnes of potential magnetite concentrate;

Ø In addition to the drill indicated resources referred to above an inferred resource of 2.9 million tonnes @ 13.1 g/t Ag occurs peripheral to the magnetite skarn using a Ag cut-off of 5 g/t Ag;

Ø Total Silver in-situ indicated and inferred resource estimate is 4.82 mt @ 12.0 g/t Ag (1.86M ounces);

Ø Applying current prices to these magnetite and silver resources results in an estimated in-situ value in the order of ~A$140M (this figure is to be used as a guide only -see note 1); and

Ø Separately from the magnetite skarn deposit at Iron Glen a silver lead zinc deposit has been identified 2km north-west along strike referred to as the Lead Belly Prospect.  

IRON GLEN MAGNETITE SKARN RESOURCE ESTIMATE
	Million Tonnes	Fe %	Ag g/t	Cu %
Magnetite Skarn (Cut-off 15%)
INDICATED	1.77	30.2	11.0	0.11
INFERRED	0.15	19.6	2.7	0.04
TOTAL	1.92	29.3	10.3	0.1
Magnetite Rock  (Cut-off 35%)	NB. Magnetite Rock Resource internal to Magnetite skarn
INDICATED	0.52	42.2	14.2	0.15
Silver Resources - Global
Additional Ag (5g/t cut-off
INFERRED	2.90		13.1
TOTAL	4.82		12.0

 

Ari Untracht CEO of TAIA Lion Resources Buoyed by Lake Sonfon & Gori Hills Drill Programmes

TAIA Lion Resources, the fast-track developer of the exciting Lake Sonfon and Gori Hills gold projects, both located in the highly prospective gold bearing Greenstone Belt of Sierra Leone, have recently been undertaking an extensive drill programme on both their gold projects. Commenting on progress so far CEO Ari Untracht said, "We continue to make great progress on our phase one drill programme and are really pleased with the performance of the drill rig teams to date. Our geological staff supported by a number of Sierra Leone geologists are all really excited about TAIA's prospects to secure positive resource estimates as the results from our drill programme are analysed over the course of the following months. We are beginning to understand much better the geological profile of our properties and continue to build good data sets that will add to the existing and extensive knowledge our technical team have on both our Lake Sonfon and Gori Hills properties. We look forward to releasing our assay results as soon as possible"

Daniel Stewart DAN.LN Making More Friends in China With NAIBU

Daniel Stewart DAN.LN the Pan-Asia broker is  making more friends in China with NAIBU
http://www.naibu.cn/English/ennewscontent.aspx?id=52

Daniel Stewart DAN Making more friends in China at NAIBU

Daniel Stewart ‏ 

@DSDanielStewart

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Daniel Stewart DAN.LN String of Good Results Lift Share Price

Daniel Stewart the leading London headquartered broker and investment banking group with representation offices in the US, Middle East and Asia has seen its share price lift following a string of successful fund raises over the last six months. The company is building a strong reputation in the oil and gas sector and is the lead broker for Naibu, one of the first major Chinese sports brands to IPO in London. We expect the company to turn in a good financial performance in 2012.