West African Minerals, Mandalay Resources, Premier African Minerals & Horizonte Minerals

We are on the road to Mandalay (Resources), via extensive detours to Brazil and Africa at the next one2one forum, with Mandalay Resources, Horizonte Minerals, Premier African Minerals and West African Minerals comprising a mineral-rich schedule.

Mandalay Resources is that rare beast: a junior miner that pays a dividend. It has two mines in operation: the Costerfield gold/antinomy mine in Australia and the Cerro Bayo silver/gold mine in Chile. Both mines finished 2012 on a high, achieving record saleable volumes. All debt was paid off last year and did we mention it pays a dividend? We did, and so, in all probability, will chief executive Brad Mills, who will also cover the company’s recently announced resources upgrade.

Mills is also the vice-chairman of West African Minerals, an iron ore mining and exploration group with exploration permits in Cameroon and Sierra Leone. If the name of the company sounds familiar, that’s because it was one of the market’s best performing shares on the back of a 500% increase in 2012. Recent drilling results from its South Djadom licence in Cameroon point to a potentially very large iron discovery, and not just any old iron – we’re talking hematite, which can be easily processed to produce direct shipping ore, the most valuable type of iron product.

Sticking with Africa, but moving on to tungsten in Zimbabwe,  Premier African Minerals is pushing hard to get its flagship RHA tungsten project in production by the end of the year. The company has completed a 1,302 metre five-hole drilling programme at RHA, uncovering two previously unknown well-mineralised quartz veins. Chief executive George Roach will explain how the company plans to develop this into a low-cost mine for this scarce and strategically important metal.

Horizonte Minerals operates in Brazil, a country famed for coffee, football and carnivals. What is often overlooked is the country has a well-established mining industry with the sort of infrastructure expected of a fast-growing economic powerhouse. That bodes well for Horizonte’s plans to develop its Araguaia nickel project, a world leading asset in terms of size and grade. Chief executive Jeremy Martin will outline how the company plans to deliver significant value uplift for shareholders over the next 12 to 24 months....... More news, prices and markets
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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