The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
russeljack this news went unnoticed.If one is into Mining shares one has to have an eye on the geopolitical world.This is a perfect storm for gold.Middle East.Financial mess.United States.Watch Vietnam and China having a go at each other.
President of Burkina Faso 'flees mutiny' http://english.aljazeera.net/news/africa/2011/04/201141562826993499.html Mutiny by president's military bodyguards demanding housing allowance spreads and the home of a top aid torched.
teamonster I have just looked at this companys web site & the news looks like they are staying on AIM but the shares will stay suspended until further notice while they further implement their investing policy to the London stock exchange satisfaction as required by the AIM rules.
Silver price is on the move UP again as is the Gold.I am also invested in Lake Shore Gold on the TSX.
7TH MARCH.WSAG is invested in this company. GREAT PANTHER SILVER INCREASES MINERAL RESOURCES AT THE TOPIA MINE
Silver Wheaton votes to pay initial dividend of 3-cents/sh.This is one of WSAG investments http://www.mineweb.co.za/mineweb/view/mineweb/en/page32?oid=121987&sn=Detail&pid=102055
A little concerned about Libya. gaddafi forces have re taken oil refinery town and pushing north east this could be bad. Gold is the place to be imo.All this revolution in the middle east on top of the financial crisis in the west and oil going north.AGLD has a lot of gold.
I am invested in here & IMO will do well.Not day trading.
IMO Take no notice of anyone on these boards unless you know them just follow your own research and instincts.
Like the fact Eco has it's gold 4 gold concessions next to the Canadian miner. Banro Corporation lease concessions where they have identified 6.72 million ounces of measured and indicated resources, plus inferred resources of 4.46 million ounces and building a huge mine. http://www.banro.com/s/Home.aspCIC Mining Resources now holds a 48 per cent interest in Eco Energy and has the exclusive right to facilitate a future public listing. I am trying to research CIC the best I can.
To fast track Eco Energy's gold leases to production, CIC Mining Resources has already introduced a leading private oxide gold miner in China to fund the exploration and development of the mine, including the necessary infrastructure, and put the four gold concessions into production. The financing arrangement is subject to both parties agreeing and executing definitive documentation. Under the terms of the Agreement, CIC Mining Resources now holds a 48 per cent interest in Eco Energy and has the exclusive right to facilitate a future public listing
December 13, 2010 Arctic Star Agreement in Relation to Global Diamond Resources Plc LONDON, UNITED KINGDOM--(Marketwire - Dec. 13, 2010) - CIC Mining Resources (CNSX:RRR)(AIM:CICR)(FSE:31C), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to announce that it has entered into an agreement (the "Agreement") with Arctic Star Diamond Corp. ("Arctic"), a Canadian diamond mining company listed on the TSX to provide various services with respect to Global Diamond Resources Plc (In administration) ("Global"). Under the terms of the Agreement, CIC Mining Resources has been appointed to purchase, on Arctic's behalf, various assets including the goodwill, the business name, records/exploration data and website of Global from Global's administrators, Grant Thornton UK LLP (the "Administrators"), in the form of an asset purchase agreement (the "Asset Agreement"). In addition, CIC Mining Resources undertook to seek an agreement with the Administrators that provides for an investigation into whether there is a case for the recovery of any loss or any other asset of Global in relation to potentially inappropriate disposals of assets connected with, or within the statutory time limits of, the administration of Global (the "Administration Agreement"). The Administration Agreement allows CIC Mining Resources to act, in conjunction with the Administrators and their advisers, to seek to restore assets to Global which may have been inappropriately disposed of by Global or its management in breach of agreements or insolvency legislation. Pursuant to the Administration Agreement, the Company has agreed to fund these investigations in return for a proportion of any damages attained or assets recovered. Both the Asset Agreement and Administration Agreement have been signed with the Administrator by CIRL (defined below). In consideration for CIC Mining Resources' services under the agreement, in addition to the Company's expenses, Arctic has agreed to pay the Company: (i) GBP 1.2 million in shares of Arctic in a series payable on signing of the Agreement for services rendered; and (ii) conditional upon any successful recovery of assets to the Administrators and any subsequent sale to Arctic, Arctic has agreed to provide the Company with shares in Arctic to the value of 20% of the total uplift in value of the market capitalisation of Arctic as a result of the successful performance by CIC Mining Resources of its obligations under the Agreement. To progress the actions, CIC Mining Resources has contracted CIC Resources Limited, ("CIRL") a private company owned by CIC's Mining Resources Chairman and CEO, Stuart Bromley. CIRL is the party to the Asset Agreement and the Litigation Funding Agreement. All monies and assets reclaimed by CIC Resources will be directly passed onto CIC Mining Resources, t
December 15, 2010 CIC Mining Resources Establishes Logistics Division LONDON, UNITED KINGDOM--(Marketwire - Dec. 15, 2010) - CIC Mining Resources (AIM:CICR)(CNSX:RRR)(FRANKFURT:31C), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to announce that it has acquired CIC Logistics (BVI Company) ("CIC Logistics") from Director Stuart J. Bromley for nil consideration. CIC Logistics focuses on infrastructure supply, major infrastructure development and funding. Having completed a phase of establishment and initial client development, CIC Logistics recently supplied highly specialized scanning equipment to Lonrho Plc (AIM:LONR) from China National Aero-Technology Import & Export Corporation ("CATIC") in a US$2.65 million contract. CIC Mining Resources intends to make CIC Logistics' key partners available to its advisory clients so as to provide potential funding on infrastructure requirements and to add value on resource related projects. CIC Logistics is clear of all liabilities and expects to have net assets and net profit of C$450,000 for the financial year ending 31 December 2010. The directors of CIC Mining Resources (excluding Stuart J.Bromley), having consulted with its nominated adviser, consider that the terms of the transaction are fair and reasonable insofar as its shareholders are concerned. Stuart J. Bromley, Chairman and CEO of CIC Mining Resources, commented: "Having migrated from South Africa to Western Australia in the mid seventies, I saw first-hand the major rail and port infrastructure that was later developed to transfer iron ore to the world markets. Today, there is a direct parallel between Africa, especially West Africa, and Western Australia in the early seventies in infrastructure terms. As a result of this acquisition, CIC Mining Resources now has an excellent platform and the right partners to aggressively go after the African continent's infrastructure build potential."
CICR has 48% of Eco Project Company Limited ("Eco Energy") which has the area of land next to Banro http://www.banro.com/s/Home.asp
December 17, 2010 CIC Mining Resources Ltd: MOU with China Railway Materials LONDON, UNITED KINGDOM--(Marketwire - Dec. 17, 2010) - CIC Mining Resources (AIM:CICR)(CNSX:RRR)(FRANKFURT:31C) ("CIC Mining Resources" or the "Company"), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to announce that it has entered into a Memorandum of Understanding ("MOU" or the "Agreement") with China Railway Materials Commercial Company Limited ("CRM"), to provide clients of CIC Mining Resources with integrated rail and port services including - but not limited to - sourcing and supplying materials and equipment, conducting feasibility studies, and the design and management of railway and port construction. CRM is a large scale Chinese state-owned corporation specialized in the integrated provision of railway materials and equipment. CRM has participated in the sourcing, supplying and management of materials for almost all the major railway construction projects in China, it holding the exclusive right to source and supply critical materials concerning the safety of the railway line infrastructure in China. Major business activities of CRM include the integrated sourcing and supply of railway materials and equipment, integrated railway related logistics, and railway related investment around the world. As part of the Agreement, CRM has agreed to provide relevant clients of CIC Mining Resources with a free scoping study which will set out a summary of the basic rail and port infrastructure requirements for a project including specifying construction materials, project management, indicative timetable and associated budget costs as well as any other matters CRM may consider relevant to a project. The CRM scoping study will be provided to the Company's clients through CIC Logistics Limited, a wholly owned subsidiary of the Company. In return, CRM will, subject to completion of definitive agreements with each of the Company's clients, be the sole provider of services within an agreed scope for a project on commercially reasonable terms. CRM recently provided major capital investment to Africa Minerals Ltd in Sierra Leone for an iron ore project. Stuart J. Bromley, Chairman and CEO of CIC Mining Resources, commented: "We are delighted to have entered into this agreement with a globally respected rail infrastructure company. We envisage their services - to be delivered through CIC Logistics - as well as their access to potential capital, to be of critical importance in bringing potential mining projects into production both within China and the wider mining markets, in particular Africa."
For immediate release: 0700hrs 17 November 2010 CIC Mining Resources Ltd ("CIC Mining Resources" or the "Company") CIC earns interests in significant gold concessions CIC Mining Resources (AIM: CICR; CNSX: RRR, FSE: 31C), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to announce that it has entered into an agreement (the "Agreement") with Japanese Eco Energy Group's African subsidiary, Eco Project Company Limited ("Eco Energy") to provide various services with respect to gold exploration concessions in the Twangiza-Namoya gold belt, in the Democratic Republic of Congo (the "DRC"). Eco Energy has four gold exploration concessions (PR5886, PR6565, PR5277 and PR12102) covering a combined area of 1818 square kilometers in the Twangiza-Namoya gold belt located next to the Banro Corporation lease concessions. Banro Corporation is a Canadian-based gold exploration and development company with four wholly-owned properties, each with mining licences, along the Twangiza-Namoya gold belt in the DRC. Banro Corporation has to date identified 6.72 million ounces of measured and indicated resources, plus inferred resources of 4.46 million ounces. Under the Agreement, services provided by the Company will include technical, legal, strategic and commercial advice, as well as aiding in the selection of other suitable third party advisers where needed. The Company will also assist in introducing leading Chinese gold miners to build and fund the project. To fast track Eco Energy's gold leases to production, CIC Mining Resources has already introduced a leading private oxide gold miner in China to fund the exploration and development of the mine, including the necessary infrastructure, and put the four gold concessions into production. The financing arrangement is subject to both parties agreeing and executing definitive documentation. Under the terms of the Agreement, CIC Mining Resources now holds a 48 per cent interest in Eco Energy and has the exclusive right to facilitate a future public listing.
woops sorry wrong board. I do apologize
IMO some on here make me giggle a little.Panic.Panic or what. This company and directors are sound with great assets & with gold the assets in Colombia about to come into production from not one but two mines. I think AB was telling us that El Limon mine will be producing at 1+oz a tone and La Aurora should be around the same could be more a tone which is brilliant. July 2010 & things have moved on since then. http://www.proactiveinvestors.co.uk/companies/stocktube/482/red-rock-resources-chairman-andrew-bell-says-they-could-experience-a-mini-gold-rush-in-columbia-482.html
TPJ now has 3 of the largest Gold Mining companys in the world as JV Partners NEWMONT..BARRICK...NEWCREST & a 4th smaller but still a very good gold exploration company Gold Anomaly.DYOR