Saturday, June 25, 2016

IBC Advanced Alloys Corp. - IB.v

IBC Advanced Alloys Corp. - IB.v is a leading rare metals advanced alloys developer and manufacturer, with a focus on specialty copper alloys and high performance beryllium aluminum castings.

IBC's engineered solutions are essential for high technology products used in a broad range of sectors including nuclear power, automotive, oil and gas, electronics and aerospace.

On June 22, 2016 the company released News

IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALD) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, announced that it has entered into a joint development contract with BAE Systems (LON: BA) (“BAE Systems”) for production of prototype articles for BAE Systems.

The contract with BAE Systems marks a significant expansion of IBC's work with global aerospace manufacturers interested in utilizing IBC's proprietary Beralcast® materials. IBC has already qualified Beralcast® with another major aerospace and defense manufacturer for use in the F-35 Joint Strike Fighter system.

Under the contract with BAE Systems, IBC will develop initial prototype components in order to demonstrate the form-fit-function of Beralcast® casted products for BAE Systems’ specific applications.

Friday, June 24, 2016

Welsh Gold

Welsh gold has a history stretching back at least 2000 years. Prized for its scarcity and origin, it has become one of the most sought-after golds in the world. The St. David's Gold Mine in Snowdonia has provided the gold that has been used to create generations of pure Welsh gold wedding rings for the Royal family.

Welsh gold is one of the rarest metals in the world, and Welsh gold jewellery among the most highly prized.
There were 3 mines in Wales which were active as early as the Roman era. The earliest known was the Dolaucothi Gold Mines in Carmarthenshire, which was initiated by the Romans around 74 AD. Gwynfynydd was discovered in 1860. It was active until 1998. The Clogau mine developed into gold production in the 1860s and continued as a major operator until 1911. The mine has been worked intermittently and last closed in 1998.
Welsh gold carries a distinctive rose tint. Natural gold is 20 to 22k. The remaining balance of metal is usually silver and a small amount of copper, plus other trace metals.

Welsh gold has a higher ratio of copper to silver. Gold with a similar tint can be found elsewhere but a connection to the Royal Family cannot. The Royal family all wore/wear wedding rings fashioned from Welsh gold.
The wedding ring that Catherine Middleton wears is made of Welsh Gold. The gold was given to Prince William by The Queen shortly after the couple were engaged.

Pure Welsh Gold is the world's most valuable precious metal and the official price is at least 3 times that of the London Metal Bullion price.

Jaguar Mining Inc.- JAG.v

Jaguar Mining Inc.- JAG.v operates in Brazil with three gold mining complexes and a land package covering an area of approximate 191,000 hectares.

The Company's principal operating assets are located in the state of Minas Gerais and include the Turmalina Gold Mine and the Caeté Gold Mine which combined produce more than 90,000 ounces of gold annually.

On May 10, 2016 the company released Numbers

"Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX-V: JAG) today announced operational and financial results for the first quarter ("Q1 2016") ended March 31, 2016. The Company's Financial Statements and Management Discussion & Analysis are available on SEDAR and on the Company's website at All figures are in US dollars unless otherwise expressed.

Q1 2016 Highlights
  • Consolidated gold production of 21,197 ounces based on a 15% increase in average head grade to 3.78 g/t and 90.2% recovery compared to 21,336 ounces, average head grade of 3.28 g/t, and 89.4% recovery in Q1 2015.
  • Turmalina gold production increased 34% to 15,772 ounces with higher milled tonnes and a 19% increase in average grade to 4.29 g/t, compared to Q1 2015.
  • To position for sustainable production and growth, the Company increased investment in mine development in Q1 2016; primary development increased 65% to 1,161 metres and secondary ore development for stoping preparation across all mine sites increased 242% to 1,046 metres compared to Q1 2015 primary and secondary development of 705 metres and 306 metres respectively.
  • 11% decrease in consolidated cash operating costs ("COC") to $742 per ounce of gold sold, compared to $831 per ounce of gold sold during Q1 2015, on track to meet 2016 guidance of $700 - $750.
  • 8% decrease in consolidated all-in sustaining costs ("AISC") to $1,061 per ounce of gold sold, compared to $1,150 during Q1 2015.
  • Increased operating cash flow (excluding tax refunds) of $8.6 million compared to $6.1 million in Q1 2015.
  • Cash and cash equivalents of $18.0 million at March 31, 2016 compared to $15.3 million as at December 31, 2015.
  • Completed 11,892 metres of definition, infill, and exploration drilling in Q1 2016, up 33% over 8,968 metres in Q1 2015. Consolidated Mineral Reserves increased 34% to 357,000 ounces with a 9% increase in grade to 4.82 g/t Au across Southern Brazil operating mines. M&I Mineral Resources remain strong at 1.1 million ounces grading 4.45 g/t Au.
  • Pilar Mine Mineral Reserves increased 310% to 172,000 ounces of gold, after depletion, exceeding reserve replacement targets.