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Bluejay Mining unearths 'world's purest ilmenite deposit' in Greenland 9 APRIL 2017 • 8:20PM http://www.telegraph.co.uk/business/2017/04/09/bluejay-mining-unearths-worlds-purest-ilmenite-deposit-greenland/ Aim-listed Bluejay Mining is set to declare the discovery of the “world’s purest ilmenite deposit” in Greenland. Ilmenite, a form of titanium-iron oxide, is the key ingredient in white paint. It is also increasingly used in 3D printers. Mining minnow Bluejay will report that the resource at its Pituffik deposit is the purest in the world, with 23.6 million tonnes at 8.8pc ilmenite. Moreover, it has only conducted studies on 17pc of the resource, suggesting that the deposit could in fact be the biggest in the world. Greenland Bluejay plans to begin production next year, should the project pass a feasibility study ADVERTISING Rod McIllree, managing director, said the project was being developed at the right time, because the ilmenite market was seeing “depleted supplies, lack of investment, and rising prices”. “Demand is rising in all key markets - from North America to China - and our project has the potential to displace existing supplies because of its purity,” he said. Ilmenite prices have doubled in the last 12 months, Mr McIllree added. Bluejay plans to begin production next year, should the project pass a feasibility study. The company has the backing of the Greenland government, which has been looking at ways to tap the country’s mineral wealth and shore up its economy, which has been dependent on subsidies from Denmark for decades. hands The deposit is 8.8pc ilmenite The Pituffik deposit lies in a remote part of northern Greenland near a US airbase. Supplies would have to be shipped in and out via sea. The operation will involve dredging the sand to extract the ilmenite, which has only recently become exposed to the elements because of climate change easing the ice cap. Mr McIllree said that the deposit’s high grade meant that the company would need to shift fewer tonnes than rivals. “We don’t need large infrastructure - this will be a low volume mining operation to produce a high-value product,” he said, adding that he was confident it would not create "any concern" for environmental regulators. China is the world’s biggest producer of ilmenite, with sizeable deposits also found in India, Mozambique and Norway. Bluejay Mining, previously known as FinnAust, also has the option to develop a lead-zinc-silver asset and a nickel-copper deposit in Greenland.
APRIL 8, 2017 https://www.ghanabusinessnews.com/2017/04/08/ghana-needs-further-fiscal-adjustment-economist/ He said oil production from TEN fields should prove to be a boost to the economy to spur growth this year to six per cent. “In our view we are broadly aligned with government when it comes to the growth projections. The main difference is that we suspect that growth this year will be more driven by the new oil in TEN fields rather than by increased business and consumer sentiments from the non- oil sector,” he explained.
APRIL 8, 2017 https://www.ghanabusinessnews.com/2017/04/08/ghana-government-commends-goil/ The Government has commended the Management and Board of Directors of Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company for solely financing the construction of a $15 million Marine Gas Storage (MGS) at Takoradi Port. On behalf of the Mr Boakye Agyarko, Ministry of Energy; Dr. Mohammed Amin Adams, Deputy Minister for Energy designated commended the management team of GOIL headed by Mr Patrick Akpe Kwame Akorli, for the tenacity and the financial capacity to construct the huge facility.
Ghana's trade account improves – Bank of Ghana Ghana Business News-16 hours ago The Bank of Ghana says the country's trade account has improved, citing ... positive based on expected increased volumes of crude oil and gas ... https://www.ghanabusinessnews.com/2017/04/07/ghanas-trade-account-improves-bank-of-ghana/
GGSL Holds First Technical Seminar in Accra News Ghana-6 Apr 2017 https://www.newsghana.com.gh/ggsl-holds-first-technical-seminar-in-accra/
GOIL lauded for promoting local content in oil and gas sector Source: Ghana | Myjoyonline.com Date: 08-04-2017 Time: 07:04:31:am http://www.myjoyonline.com/business/2017/April-8th/goil-lauded-for-promoting-local-content-oil-and-gas-sector.php
very good news https://www.energyvoice.com/oilandgas/135701/lloyds-register-new-jv-deliver-services-ghanas-growing-oil-gas-sector/
watch and learn..........
Buyers nibbling
the rise will have been worth the wait :-))
and the buying starts
and watch the herd arrive its been a long time coming enjoy :-))
GOIL commissions 15million dollar marine gas storage facility GOIL Marine Mildred Siabi-Mensah, GNA http://www.ghananewsagency.org/economics/goil-commissions-15million-dollar-marine-gas-storage-facility-115287 Takoradi, Arpil 6, GNA – The Ghana Oil Company (GOIL) on Wednesday commissioned a 15 million dollar Marine Gas Storage (MGS) facility, the largest in the country to improve the bunkering industry and the Ghanaian economy in general. The 13.5 million litre capacity project consists of storage and dispatch of marine gas oil to upstream vessels, ships and FPSOs that would dock at the Takoradi Port and would no doubt contribute to the re-direction of ships and vessels to the Takoradi Harbour for fuelling and making Ghana the destination choice for vessels in the sub-region.
The potential impact of new discoveries on the country’s economy has led to phenomenal interest in the country’s petroleum sector both locally and internationally. Apr 6, 2017 https://www.newsghana.com.gh/lloyds-hops-into-ghanas-offshore-sector/
contact today expect some fun in the coming days
4/6/2017 10:18am http://uk.stoxline.com/q_uk.php?s=clon
Surely its near Clontarf Energy and Petrel Resources submit proposed work programme for Tano acreage offshore Ghana Thursday, Oct 13, 2016 The Directors of Clontarf (AIM: CLON) are pleased to announce that, further to the announcement of 19th September 2016, a proposed work programme on the Tano acreage offshore Ghana has been submitted to the Ghanaian authorities in Accra. The new work programme will form part of the ongoing negotiations regarding the terms of acquiring an exploration licence for the Tano Basin acreage. The Company's directors look forward to providing shareholders with further updates, including specific geological information relating to the new acreage co-ordinates (which are also subject to final agreement) and the subsequent exploration plans, as negotiations progress.
on every buy always a good sign and we know news is way way overdue
they dont want the great news posted m8 wonderer Posts: 4,606 Off Topic Opinion: No Opinion Price: 0.42 RE: David DaviesToday 08:01Iwouldn't consider it drivel and not everyone has left, just waiting for ratification.... CLON has a block in GHANA so anything related is most welcome.... Once ratification news lands this will EXPLODE.... Keep the faith... ATB
Correct and when it drops boom this is massive news lloyds getting involved