SlideShare una empresa de Scribd logo
1 de 33
RARE EARTHS, SPECIALITY
& STRATEGIC METALS
INVESTMENT SUMMIT
       Soviet expertise, Canadian security
       Robert Mackay – CEO, Stans Energy




 IRONMONGERS’ HALL, CITY OF LONDON     TUESDAY-WEDNESDAY,   13-14 MARCH 2012
 www.ObjectiveCapitalConferences.com
                                                                               1
Russian Metallurgy, Canadian Expertise




                                         2
Statements contained in this presentation which are not historical facts are forward-looking statements that involve risks,
uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include:
risks inherent in exploration activities; volatility and sensitivity to market prices for uranium and rare earths; volatility and
sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or
public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased
regulatory burdens; unexpected geological or hydrological conditions; a possible deterioration in political support for nuclear
energy and rare earth technologies; changes in government regulations and policies, including trade laws and policies; demand
for nuclear power and rare earth products; failure to obtain necessary permits and approvals from government authorities;
weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks.
Although Stans Energy Corp. believes that the assumptions inherent in the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as of the date of this release. Stans Energy Corp. disclaims
any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future
events or otherwise

Cautionary Note to United States and Other Investors Concerning Estimates of Measured, Indicated and Inferred Resources:
Certain tables may use the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that
while such terms are recognized and required by Canadian regulations, however, the United States Securities and Exchange
Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and
as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be
upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of
feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or
Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to
assume that all or any part of a Mineral Resource is economically or legally mineable.

                                                                                                                                     3
Stans Energy is focused on re-starting a past producing Rare Earth Elements mine and
processing facility in Kyrgyzstan

Kutessay II Mine:
    •   Past producing open pit mining operation
    •   Produced equal quantities of heavy and light rare earth elements
    •   Known metallurgical processes
    •   20-year mining license in place
Kashka Rare Earth Processing Facility (KRP):
    •   Processed ore from Kutessay II Mine for 30 years
    •   Produced 120 metal, alloy, and oxide products
    •   Under care-and-maintenance since 1991
    •   Private rail terminal provides access to Russia, Europe, and Asia

Strong Board, Technical Advisors, and Management:
    •   Many involved with Kutessay II and the KRP prior to 1991


                                                                              4
Stock Exchange          HRE (TSX-Venture)

Shares Outstanding            157,263,986
as at March 8,2012

Warrants                        8,475,476

Options                        13,663,333

Total (fully diluted)         179,402,795

Market Cap                       C$138m

Share price (Mar 9)               C$0.88

52 week high/low           C$2.45/ C$0.52

Net cash                          C$17 m

Debt                                  Nil




                                            5
Major REEs to be
   produced by
   Stans Energy         Properties                           Industry Use
Yttrium                                       High Tech               Defense Applications
Terbium                   Reduces
Europium                   Weight
Dysprosium               Emissions
Gadolinium          Energy Consumption
Holmium                                   Hybrid Electric Vehicles          Green Tech
Erbium                    Allows
Thulium              Greater Efficiency
Luteium                Performance
Ytterbium             Miniaturizatoin
Lanthanum                 Speed
                                             Water Treatment           Other Applications
Cerium                  Durability
Praseodymium         Thermal Stability
Neodymium
Samarium

                                                                                     6
Global REE Demand Pacing to Outstrip Supply
                                        250,000



                                        200,000
                      (Tonnes of REO)




                                        150,000



                                        100,000



                                         50,000




                                             0
                                                  2005    2006    2007          2008   2009      2010        2011f   2012f        2013f     2014f   2015f

                                                                 China Demand           Adjusted Global Demand       ROW Supply      China Supply


Source: IMCOA – Industrial Mineral Company of Australia

                                                                                                                                                            7
Source: US Department of Energy

                                  8
RUSSIA




EUROPE




                                       JAPAN
                               CHINA




         Kyrgyzstan




                                               9
• 100% ownership of former Soviet-era mine
• Produced 80% of FSU’s REE needs
• March 2011: Pit-contained mineral resources
     – Measured + Indicated: 45,650 tonnes of contained TREO
     – Inferred: 3,560 tonnes of contained TREO
• Preliminary Feasibility Study (PFS) to be completed by end
  of Q1 of 2012
• 20-year mining license and all permits are in place
• Adjacent beryllium deposit provides additional upside
     – 9.245 million tonnes grading 0.128 % BeO***
 ***Based on historical reserves

                                                               10
Aktyuz Ore Field: Kutessay II REE Mine
        And Exploration Areas

                                           Kutessay III
                       Kalesay
              Aktyuz         Kutessay II


Aktyuz Mill
Kutessay II REE Mine
NEW
MINERALIZED
   ZONE




              13
Rich , coarse, concentrated
                                                              Physical
            RE Minerals                                        Conc.
                      Pure & easy liberated
                    Placers, Veins,… deposits
              F.Carbonate : BN
              Phosphate : MZ, XN




                                                                                                 Exo, Rad* Pufication
                               Beneficiation
                                  Range                                                                                             Finishings
                                                                                                                                        for
REO content




              M.Mixed & liberated                                                                                                    Markets
                                                             Hydro, Pyro
              Oxides : LP,…
              Silicates : ED ,…                             Metallurgy range                                                           Pure &
              Phosphates : AP, CH,…                                                                                     IX,   SX       Mixed
              F.Carbonates : PA,SY,…
                                                                                                                            In          Salts,
              Weathered, Adsorbed                                                                                       Cl or NO3
                                                                   Leaching                                             solutions
                                                                                                                                       Oxides,
              Al.Phosphates : FL,..                                                                                                    Metals
              Ionic ores : Clays

        Poor, fine, disseminated
               RE Minerals
                                                                                                                                            14
         BN Bastnasite, MZ monazite, XN xenotime, LP loparite, ED eudialyte, AP apatite, CH churchite, PA parisite, SY synchisite, FL florencite,…
                                                                                                                                    JP.TOGNET 2012
Mineralogy complexity
Physical Concentrate                              Mix Physical Concentrate                             Crude ore
 High REO content                                Intermediate REO content                           Low REO content
       MZ, XN                    BN                                                                                         IO
           BN
                                                        LP                   ED,…                    YS
                                                                            Silicates
         NaOH                 direct/alkal             Carbo                 H2SO4                 Alkaline                Salt
        cracking              Roasting              chlorination            Roasting               Roasting              leaching

        Crude RE                  HCl                  Water                  Water                  HNO3                Selct.RE
       Hydroxide              dissolution           dissolution            dissolution            dissolution             precip.

       HCl, HNO3             Ce conc. +             Crude RE              Crude RE              Crude RE                    HCl
       dissolution         RE3 Cl solution                                                                              dissolution
                                                   Cl solution           SO4 solution          NO3 solution



                             Non RE + Rad* Purification of Mix RE solutions by Chem and/or SX



                 Purified Mix RE solution (Cl, NO3, SO4) ready for individual separation
                                                                                                                                      15
BN Bastnasite, MZ monazite, XN xenotime, LP loparite, ED eudialyte, AP apatite, CH churchite, PA parisite, YS synchisite, FL florencite,…
                                                                                                                              JP.TOGNET 2012
Unproven Metallurgical Process for Complex Silicate RE Ores

Based on Mineralogy :
- Crude ore : Low REO                                             Sulfuric acid H2SO4
- Physical conc. : High REO
     - Roasted or not
                                            Sulfuric        Baking or in pulp
                                            cracking        Atmospheric or Pressure

                                         Cake Slurry
                                     RE+M+Gangue Sulphates
                  Washing,
                                             Dilution
                  Precipitation,                                    Gangue residue
                  L/S Filtration
                                           Purification
                                     RE Sulphate solution
                                        Low REO conc.
   Purif & changing anion by :
                                         RE recovery &
   - Precipitations + Dissolutions                                  Effluent treatment…
   - IX / Solvent eXtraction ?!          concentration


                               Mix.RE Chloride/Nitrate solution
                                   ready for SX separation
                                                                                        JP.TOGNET 2012
• 100 % ownership
• Processed Kutessay II ores for 30 years
• 120 metal, alloy, and oxide products
• Under care and maintenance since 1991
• Private Rail Terminal provides access to
  Asia, Europe, and Russia
• Facility originally designed by VNIIHT, one
  of Stans Energy’s core consultants




                                                17
18
30 year proven track record of 99.99% oxide production   19
20
21
22
Element Oxide    REEs % REO USD/kg
            REE Breakdown by Value              Dysprosium   Dy     6.14       1,550
                 (FOB prices in USD February)
                                                Yttrium       Y    26.73         145
                                                Terbium      Tb     1.55       2600
                                                Neodymium    Nd     8.18         175
                                                Europium     Eu     0.23       3400
                                                Erbium       Er     3.25         205
                                                Praseodymium Pr     3.78          75
                                                Gadolinium   Gd     3.59         148
                                                Samarium     Sm      4.1          74
                                                Holmium      Ho     0.57         128
                                                Thulium      Tm     0.25         790
                                                Ytterbium   Yb      3.29         155
                                                Lutetium    Lu       0.5       1,270
                                                Cerium      Ce     19.68          33
                                                Lanthanum   La     16.55          35

Based on historic production
                                                                                23
VNIIHT’S ROLE
• Stans Energy’s feasibility studies (Q1 2012) will be conducted
  under the guidance of VNIIHT. VNIIHT’s sixty years of
  chemical technology experience combined with their
  capabilities of executing the complete cycle of rare earths
  research, development, and production will give Stans
  Energy a significant advantage relative to its competitors.
• VNIIHT will also assist with evaluation and acquisition of
  other HREE properties in areas of the Former Soviet Union
  (FSU)




                                                                   24
VNIIHT ACHIEVEMENTS
 Technologies developed in the Institute became the production cycle
  base for over 20 hydrometallurgical plants
 Over 150 sorbents, extractants and resins were engineered
 Over 3600 developments were industrially implemented
 Over 2600 inventors certificates and patents were issued
 7 minerals were discovered
 Over 100 PhDs are employed




                                                                        25
Canada

             Honorary Consul of
            the Kyrgyz Republic
                for Canada


 Russia                             Kyrgyzstan

 VNIIHT                            Kyrgyz-Russian
                                  Slavic University
IGPMG RAS
                                  Asiarudproject
 ARRIMR

 GEOTEP                             Ecoservice



                                                      26
CORPORATE STRATEGY

• Complete Preliminary Feasibility Study by the end of Q1
  2012
    • Updated mineral resource statement
    • First opportunity to present mineral reserves
• Bankable Feasibility Study expected in H2-2012
• Advance off-take agreement discussions with end users
• Continue to explore:
    • Deep drilling of areas of know mineralization
• Refurbish Kashka Rare Earth Processing Facility (KRP)
    • Optimize recovery process with new technology
• Build out operating and construction teams
• Assess HREE and joint-venture opportunities



                                                            27
President,      CEO       &     Director,       Stans      Energy      Corp;       ROBERT        MACKAY,        BSc      Mining
Robert worked in various facets of Mineral Exploration from 1969 to 1975 including diamond drilling, geophysics, geological
mapping and prospecting. In 1975, Robert graduated from the Haileybury School of Mines. From 1975 to 1980, he gained
extensive experience in mining, including mine planning, surveying, grade control, industrial engineering, open pit and
underground production. Robert graduated from The South Dakota School of Mines Technology in 1980 with a Mining Engineering
Degree and over the next twenty years he worked in the investment business and was a Vice President of two national investment
firms. In 2000 Robert started a consulting business and over the next 5 years he worked as a Project Engineer on projects in
Canada, United States, China and Africa.

 Chief Operating Officer & Director; BORIS ARYEV, MSc, P.eng
 After migrating to Canada in 1983, he worked as a software development consultant with NCR Canada Limited & OPTIMOD Inc.
 until 1986 and then with Verifact Inc. until 1996. In 1990, Boris became and still is President of Marhope Systems Inc.,
 providing management and consulting services to both public and private sectors. Boris is the founding Director of the
 Canada-Eurasia-Russia Business Association, founder and chairman of its Mining & Northern Development Committees and co-
 founder of IEC Minerals Working Group.


Chairman of the Board; RODNEY IRWIN, MA , Honorary Consul of Kyrgyz Republic in Canada
From 1972 to 1974, Rodney joined the Department of External Affairs, in Ottawa, then in 1978 through to 1980, he served
abroad in New-Delhi, Moscow & Port of Spain. From 1988 to 1990 Rodney served as High Commissioner, then in 1992, was
named Ambassador to Yugoslavia. Due to the war with Croatia, he served as Ambassador to Albania, Bulgaria, Slovenia &
Croatia. From 1993 to 1996, he was Ambassador to Hungary while retaining his Balkan country accreditations. From 1999 to
2003, he served as Ambassador to the Russian Federation with concurrent accreditation to the Republics of Armenia &
Uzbekistan.

 Vice President of Operations; DAVID NEWTON, MSc.
 During his forty year career in various mine management functions, Mr. Newton has held increasingly senior positions with such
 firms as Anglo American Corporation and Newmont Gold. Throughout the course of his distinguished career, Mr. Newton has
 overseen both open-pit and underground mining operations most recently having worked in jurisdictions as diverse as:
 Democratic Republic of Congo, Armenia, Georgia, Uzbekistan, Ghana, United Kingdom, and South Africa.


                                                                                                                         28
Managing Director of STANS ENERGY KG; DR. GENNADY SAVCHENKO, CGeol, FGS, Qualified Person (QP)
Dr. Savchenko graduated from Frunze Polytechnical Institute with a Mining Engineer-Geologist Diploma and Ph. D in Geology
& Mineralogy in 1971, then worked till 1981 in exploration & mining enterprises for Uranium in Kazakhstan, East Germany
and China. From 2000 to 2002, Dr. Savchenko was Deputy Chief in the Department of Geology & Investment for the Kyrgyz
State Geology & Mineral Resources Agency.




Vice - Chairman of the Board; Gordon R Baker, Q.C.
In 1972, Gordon was called to the Bar of Ontario, then in 1983, he was appointed to the Queens Counsel. A highly
regarded corporate law specialist, Gordon holds extensive experience in business law (mergers, acquisitions, joint
ventures, financing & structuring) and has acted as counsel (including as a registered lobbyist) advising on
government relations (strategic planning, negotiation, compliance issues).




Director;    DR. DOUGLAS H UNDERHILL, CPG, PhD, MSc, BA (Geology), MBA, Qualified Person (QP)
From 1993 to 2002, Doug was a Uranium Resource & Production Specialist for International Atomic Energy Agency in
Vienna. He has over 40 years of minerals industry experience with nearly 30 of those years dedicated to uranium
(including experience in Kazakhstan & Uzbekistan). As Senior Consultant with Nuclear Assurance Corporation (USA), he is
responsible for consulting on Uranium supply strategy and maintaining a worldwide uranium production projects database.
Doug represented IAEA in Joint IAEA-NEA Uranium Group. Has an MBA in Strategic Planning & Finance.



                                                                                                                     29
Advisor; DR. GENNADY SARYCHEV
Director of the Leading Research Institute of Chemical Technology (VNIIHT) is a former professor of the Moscow
Engineering Physics Institute. He has held the position of Director/Department Head of the following institutions:
Department of Scientific Research and Development, Department of Scientific Research Work, Department of State
Policy on Science, Innovations and Intellectual Property, Department Head of Planning and Construction of
Infrastructure Objects for Special Economic Zones. Dr. Sarychev adds invaluable experience to Stans Energy in areas of
international cooperation amongst the scientific and business communities.


Advisor; DR. VALERY KOSYNKIN; Ph.D., Professor
Dr. Kosynkin is one of the world’s preeminent chemists and metallurgists for Rare Earth Elements (REEs). Dr. Kosynkin
holds a doctorate of philosophy from Moscow State University. His dissertation was on uranium and the development of
REEs through processing loparite concentrate. Since 1959, Dr. Kosynkin has been employed by VNIIHT – The Russian
Leading Institute of Chemical Technology, initially as a research in uranium technologies, and from 1973 as the Head of
Research and Development for REE chemistry and technology. Dr. Kosynkin has overseen the commissioning of REE
production and extraction facilities in Russia, Ukraine, Estonia, and Kazakhstan. In addition to his work at VNIIHT, Dr.
Kosynkin served as a USSR IAEA representative from 1968-1973. He has lectured on REE metallurgy and chemistry in
Russia, China and Korea.

Advisor; MR. JAMES ALLAN BASc (Geological Engineering) MSc (Geology, Engineering)
Mr. Allan is a Registered Professional Engineer with the Association of Professional Engineers, Geologists and Geophysicists
of Alberta (APEGGA). James has over 45 years of experience working with several major mining and petroleum companies
and as an independent consultant in mining exploration and exploration management, mineral property evaluation and
mining geology. James has been involved in the exploration for, and evaluation of, rare earth deposits both as manager of
exploration in Canada for a large rare earth company from 1982 to 1990 and as an independent consultant.




                                                                                                                           30
Advisor; DR. MARAT I FAZLULLIN
 Leading Russian expert on uranium, gold, and rare earths. Dr. Fazlullin is a renowned Professor, Doctor of (engineering)
 Science, member of the Mineral Resources International Academy and an Honorable Geologist of the Russian Federation.
 He has written over 300 publications on Uranium and gold-ore deposits including treatment by the heap and
 underground leaching methods. He also lead prospecting teams and expeditions for poly-metallic, mercury deposits, oil
 and gas fields located in Kyrgyzstan, Tajikistan & Algeria as a Chief Engineer.




Advisor; MR. JAMES B. HEDRICK
Mr. Hedrick is a rare-earth elements, scandium, yttrium, thorium, zirconium, hafnium, and the mica group of minerals
expert. James possesses a wealth of knowledge with over 31 year of experience in Mineral commodities. Mr. Hedrick
served as Chairman and Executive secretary of the U.S. Government’s Minerals, Metals, and Materials Advisory Board from
1981 to 1995, and chaired two sessions on the rare-earth elements and one on strategic and critical minerals for The
Society for Mining, Metallurgy, and Exploration (SME).




                                                                                                                            31
Kyrgyzstan Foreign Investment
    • New Kyrgyz Government has made mining and property rights its number 1 and 2 priorities in terms of
      foreign investment
    • The Basic Foreign Investment Law, adopted in June 1991, allows foreign investors full use of their
      profits, including unlimited export of profits in the form of foreign currency or merchandise.
    • Foreign firms also enjoy considerable tax advantages, which extend to Kyrgyz partners in joint ventures.
    • Investors are granted relief from import duties on materials needed to establish a business, and they
      continue receiving tax relief for up to five years, depending on their type of business.
    • After that time, several other types of tax relief are available, including various forms of reinvestment in
      Kyrgyzstan's economy.

Mining in Kyrgyzstan
    • In contrast to the previous regimes, the current government is enhancing the procedure for obtaining
      exploration licenses in favor of the mining companies.
    • As for the general licensing procedures, the laws stick to a more transparent procedure providing for
      issuance of a license on a “first come first served” basis.
    • As opposed to licensing, concession and production sharing agreement regimes should allow companies to
      negotiate with the state individual terms that meet the companies’ needs.
    • Additionally, in order to avoid the state courts, the concession or production sharing agreement can provide
      for the jurisdiction of international arbitration courts if any legal disputes occur.
                                                                                                                 32
TSX-V: HRE
OTCQX: HREEF



                                  Kutessay III


                       STANS ENERGY CORP.
                     8 King St. East, Suite 205
                      Toronto, ON, M5C 1B5
               Tel: 647 426 1865 Fax 647 426 1869
                      www.stansenergy.com
                      info@stansenergy.com


                                              33

Más contenido relacionado

La actualidad más candente

Partnering with International Capital to develop West African minerals: Austr...
Partnering with International Capital to develop West African minerals: Austr...Partnering with International Capital to develop West African minerals: Austr...
Partnering with International Capital to develop West African minerals: Austr...Objective Capital Conferences
 
Resources roadshow april geoff laing, exco resources ltd
Resources roadshow april  geoff laing, exco resources ltdResources roadshow april  geoff laing, exco resources ltd
Resources roadshow april geoff laing, exco resources ltdSymposium
 
Champion iron mines nov. 2012 en
Champion iron mines nov. 2012 enChampion iron mines nov. 2012 en
Champion iron mines nov. 2012 enshosein2011
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012shosein2011
 
Champion Minerals Corporate Presentation November 21, 2011
Champion Minerals Corporate  Presentation November 21, 2011Champion Minerals Corporate  Presentation November 21, 2011
Champion Minerals Corporate Presentation November 21, 2011shosein2011
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012shosein2011
 
12 champion iron mines oct. 25th
12 champion iron mines oct. 25th12 champion iron mines oct. 25th
12 champion iron mines oct. 25thshosein2011
 
English champion iron mines october 2, 2012
English champion iron mines october 2, 2012English champion iron mines october 2, 2012
English champion iron mines october 2, 2012shosein2011
 
English champion iron mines sept 18th 2012
English champion iron mines sept 18th 2012English champion iron mines sept 18th 2012
English champion iron mines sept 18th 2012shosein2011
 
Champion Minerals Corporate Presentation December 20, 2011
Champion Minerals Corporate Presentation December 20, 2011Champion Minerals Corporate Presentation December 20, 2011
Champion Minerals Corporate Presentation December 20, 2011shosein2011
 
Champion Minerals Corporate Presentation - December 2011
Champion Minerals Corporate Presentation - December 2011Champion Minerals Corporate Presentation - December 2011
Champion Minerals Corporate Presentation - December 2011shosein2011
 
AGM Presentation Jan 5, 2012
AGM Presentation Jan 5, 2012AGM Presentation Jan 5, 2012
AGM Presentation Jan 5, 2012aldridgeminerals
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012shosein2011
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012shosein2011
 
English champion iron mines sept 5, 2012
English champion iron mines sept 5, 2012English champion iron mines sept 5, 2012
English champion iron mines sept 5, 2012shosein2011
 

La actualidad más candente (20)

What is the future of the Rare Earths sector?
What is the future of the Rare Earths sector?What is the future of the Rare Earths sector?
What is the future of the Rare Earths sector?
 
Building the Italian antimony industry
Building the Italian antimony industryBuilding the Italian antimony industry
Building the Italian antimony industry
 
Critical metals in strategic energy technology
Critical metals in strategic energy technologyCritical metals in strategic energy technology
Critical metals in strategic energy technology
 
Integrated approach & South Africa opportunity
Integrated approach & South Africa opportunityIntegrated approach & South Africa opportunity
Integrated approach & South Africa opportunity
 
Expanding resources in South Korea
Expanding resources in South KoreaExpanding resources in South Korea
Expanding resources in South Korea
 
Partnering with International Capital to develop West African minerals: Austr...
Partnering with International Capital to develop West African minerals: Austr...Partnering with International Capital to develop West African minerals: Austr...
Partnering with International Capital to develop West African minerals: Austr...
 
Resources roadshow april geoff laing, exco resources ltd
Resources roadshow april  geoff laing, exco resources ltdResources roadshow april  geoff laing, exco resources ltd
Resources roadshow april geoff laing, exco resources ltd
 
Champion iron mines nov. 2012 en
Champion iron mines nov. 2012 enChampion iron mines nov. 2012 en
Champion iron mines nov. 2012 en
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012
 
Champion Minerals Corporate Presentation November 21, 2011
Champion Minerals Corporate  Presentation November 21, 2011Champion Minerals Corporate  Presentation November 21, 2011
Champion Minerals Corporate Presentation November 21, 2011
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012
 
12 champion iron mines oct. 25th
12 champion iron mines oct. 25th12 champion iron mines oct. 25th
12 champion iron mines oct. 25th
 
English champion iron mines october 2, 2012
English champion iron mines october 2, 2012English champion iron mines october 2, 2012
English champion iron mines october 2, 2012
 
English champion iron mines sept 18th 2012
English champion iron mines sept 18th 2012English champion iron mines sept 18th 2012
English champion iron mines sept 18th 2012
 
Champion Minerals Corporate Presentation December 20, 2011
Champion Minerals Corporate Presentation December 20, 2011Champion Minerals Corporate Presentation December 20, 2011
Champion Minerals Corporate Presentation December 20, 2011
 
Champion Minerals Corporate Presentation - December 2011
Champion Minerals Corporate Presentation - December 2011Champion Minerals Corporate Presentation - December 2011
Champion Minerals Corporate Presentation - December 2011
 
AGM Presentation Jan 5, 2012
AGM Presentation Jan 5, 2012AGM Presentation Jan 5, 2012
AGM Presentation Jan 5, 2012
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012
 
English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012English champion iron_mines_october 9, 2012
English champion iron_mines_october 9, 2012
 
English champion iron mines sept 5, 2012
English champion iron mines sept 5, 2012English champion iron mines sept 5, 2012
English champion iron mines sept 5, 2012
 

Similar a Soviet expertise, Canadian security

Fortune Minerals June 2012 Investor Presentation
Fortune Minerals June 2012 Investor PresentationFortune Minerals June 2012 Investor Presentation
Fortune Minerals June 2012 Investor PresentationCompany Spotlight
 
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...Objective Capital Conferences
 
Research & Opinion: Commerce Resources Corp.'s Ashram Rare Earth Elements De...
Research & Opinion:  Commerce Resources Corp.'s Ashram Rare Earth Elements De...Research & Opinion:  Commerce Resources Corp.'s Ashram Rare Earth Elements De...
Research & Opinion: Commerce Resources Corp.'s Ashram Rare Earth Elements De...Zimtu Capital Corp. (TSXv: ZC)
 
Reservoir minerals inc july 19 2012 v001 g90s48
Reservoir minerals inc  july 19 2012 v001 g90s48Reservoir minerals inc  july 19 2012 v001 g90s48
Reservoir minerals inc july 19 2012 v001 g90s48reservoirminerals
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012reservoirminerals
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012reservoirminerals
 
Agm institutional presentation aug 29 2011
Agm institutional presentation aug 29 2011Agm institutional presentation aug 29 2011
Agm institutional presentation aug 29 2011aldridgeminerals
 
Mackie Research Capital Corporation: Rare Earth Industry Update
Mackie Research Capital Corporation:  Rare Earth Industry UpdateMackie Research Capital Corporation:  Rare Earth Industry Update
Mackie Research Capital Corporation: Rare Earth Industry UpdateRare Earths / Rare Metals
 
Agm presentation feb 7 2012
Agm presentation feb 7 2012Agm presentation feb 7 2012
Agm presentation feb 7 2012aldridgeminerals
 
Crk presentation june 9 2011
Crk presentation june 9  2011Crk presentation june 9  2011
Crk presentation june 9 2011Crocodile Gold
 
Symposium resources roadshow dampier gold richard hay
Symposium resources roadshow dampier gold richard haySymposium resources roadshow dampier gold richard hay
Symposium resources roadshow dampier gold richard haySymposium
 
Crocodile Gold Investor Presentation June 16
Crocodile Gold Investor Presentation June 16Crocodile Gold Investor Presentation June 16
Crocodile Gold Investor Presentation June 16Crocodile Gold
 
Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold
 
Pele Mountain Investor Presentation
Pele Mountain Investor PresentationPele Mountain Investor Presentation
Pele Mountain Investor PresentationCompany Spotlight
 
Agm presentation jan_18_2012_pdf
Agm presentation jan_18_2012_pdfAgm presentation jan_18_2012_pdf
Agm presentation jan_18_2012_pdfaldridgeminerals
 
Special General Meeting Presentation
Special General Meeting PresentationSpecial General Meeting Presentation
Special General Meeting PresentationNovaCopper
 
Broken Hill Prospecting- Resources & Energy Symposium 2012
Broken Hill Prospecting- Resources & Energy Symposium 2012Broken Hill Prospecting- Resources & Energy Symposium 2012
Broken Hill Prospecting- Resources & Energy Symposium 2012Symposium
 

Similar a Soviet expertise, Canadian security (20)

Fortune Minerals June 2012 Investor Presentation
Fortune Minerals June 2012 Investor PresentationFortune Minerals June 2012 Investor Presentation
Fortune Minerals June 2012 Investor Presentation
 
Rare Earth Review - Libertas Partners LLP
Rare Earth Review - Libertas Partners LLPRare Earth Review - Libertas Partners LLP
Rare Earth Review - Libertas Partners LLP
 
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...
Objective Capital Rare Earth and Minor Metals Investment Summit: Focus on Rar...
 
Research & Opinion: Commerce Resources Corp.'s Ashram Rare Earth Elements De...
Research & Opinion:  Commerce Resources Corp.'s Ashram Rare Earth Elements De...Research & Opinion:  Commerce Resources Corp.'s Ashram Rare Earth Elements De...
Research & Opinion: Commerce Resources Corp.'s Ashram Rare Earth Elements De...
 
Reservoir minerals inc july 19 2012 v001 g90s48
Reservoir minerals inc  july 19 2012 v001 g90s48Reservoir minerals inc  july 19 2012 v001 g90s48
Reservoir minerals inc july 19 2012 v001 g90s48
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012
 
Agm institutional presentation aug 29 2011
Agm institutional presentation aug 29 2011Agm institutional presentation aug 29 2011
Agm institutional presentation aug 29 2011
 
Mackie Research Capital Corporation: Rare Earth Industry Update
Mackie Research Capital Corporation:  Rare Earth Industry UpdateMackie Research Capital Corporation:  Rare Earth Industry Update
Mackie Research Capital Corporation: Rare Earth Industry Update
 
Agm presentation feb 7 2012
Agm presentation feb 7 2012Agm presentation feb 7 2012
Agm presentation feb 7 2012
 
Crk presentation june 9 2011
Crk presentation june 9  2011Crk presentation june 9  2011
Crk presentation june 9 2011
 
Symposium resources roadshow dampier gold richard hay
Symposium resources roadshow dampier gold richard haySymposium resources roadshow dampier gold richard hay
Symposium resources roadshow dampier gold richard hay
 
Crocodile Gold Investor Presentation June 16
Crocodile Gold Investor Presentation June 16Crocodile Gold Investor Presentation June 16
Crocodile Gold Investor Presentation June 16
 
Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)
 
Pele Mountain Investor Presentation
Pele Mountain Investor PresentationPele Mountain Investor Presentation
Pele Mountain Investor Presentation
 
Agm presentation jan_18_2012_pdf
Agm presentation jan_18_2012_pdfAgm presentation jan_18_2012_pdf
Agm presentation jan_18_2012_pdf
 
Trends in lithium including LithoRec
Trends in lithium including LithoRecTrends in lithium including LithoRec
Trends in lithium including LithoRec
 
2012 Presentation
2012 Presentation2012 Presentation
2012 Presentation
 
Special General Meeting Presentation
Special General Meeting PresentationSpecial General Meeting Presentation
Special General Meeting Presentation
 
Broken Hill Prospecting- Resources & Energy Symposium 2012
Broken Hill Prospecting- Resources & Energy Symposium 2012Broken Hill Prospecting- Resources & Energy Symposium 2012
Broken Hill Prospecting- Resources & Energy Symposium 2012
 

Más de Objective Capital Conferences

Skin Elements Corporate Presentation - London, Dec 2017
Skin Elements Corporate Presentation - London, Dec 2017 Skin Elements Corporate Presentation - London, Dec 2017
Skin Elements Corporate Presentation - London, Dec 2017 Objective Capital Conferences
 
Century Iron Mines Corporate Presentation - November 2013
Century Iron Mines Corporate Presentation - November 2013Century Iron Mines Corporate Presentation - November 2013
Century Iron Mines Corporate Presentation - November 2013Objective Capital Conferences
 

Más de Objective Capital Conferences (20)

Skin Elements Corporate Presentation - London, Dec 2017
Skin Elements Corporate Presentation - London, Dec 2017 Skin Elements Corporate Presentation - London, Dec 2017
Skin Elements Corporate Presentation - London, Dec 2017
 
Organto Presentation - November 2016
Organto Presentation - November 2016Organto Presentation - November 2016
Organto Presentation - November 2016
 
The next generation in proppants
The next generation in proppantsThe next generation in proppants
The next generation in proppants
 
The Global Proppants Industry
The Global Proppants IndustryThe Global Proppants Industry
The Global Proppants Industry
 
Next-Generation Fly-Ash Based Proppants
Next-Generation Fly-Ash Based ProppantsNext-Generation Fly-Ash Based Proppants
Next-Generation Fly-Ash Based Proppants
 
Goviex
GoviexGoviex
Goviex
 
CanAlaska Uranium
CanAlaska UraniumCanAlaska Uranium
CanAlaska Uranium
 
Uranium Equities
Uranium EquitiesUranium Equities
Uranium Equities
 
The World Nuclear Industry Status Report
The World Nuclear Industry Status ReportThe World Nuclear Industry Status Report
The World Nuclear Industry Status Report
 
KBL Mining Corporate Presentation - June 2015
KBL Mining Corporate Presentation - June 2015KBL Mining Corporate Presentation - June 2015
KBL Mining Corporate Presentation - June 2015
 
Century Iron Mines Corporate Presentation - November 2013
Century Iron Mines Corporate Presentation - November 2013Century Iron Mines Corporate Presentation - November 2013
Century Iron Mines Corporate Presentation - November 2013
 
Canoel International Energy - October 2013
Canoel International Energy - October 2013Canoel International Energy - October 2013
Canoel International Energy - October 2013
 
Century Iron Corporate Presentation - May 2013
Century Iron Corporate Presentation - May 2013Century Iron Corporate Presentation - May 2013
Century Iron Corporate Presentation - May 2013
 
Century Iron Mines Corporation
Century Iron Mines CorporationCentury Iron Mines Corporation
Century Iron Mines Corporation
 
Building the next Saskatchewan potash giant
Building the next Saskatchewan potash giantBuilding the next Saskatchewan potash giant
Building the next Saskatchewan potash giant
 
'In the elevator'
'In the elevator''In the elevator'
'In the elevator'
 
Developing Gold Projects in Tanzania and Namibia
Developing Gold Projects in Tanzania and NamibiaDeveloping Gold Projects in Tanzania and Namibia
Developing Gold Projects in Tanzania and Namibia
 
Building the next gold giant
Building the next gold giantBuilding the next gold giant
Building the next gold giant
 
Gold exploration in the Volta Region
Gold exploration in the Volta RegionGold exploration in the Volta Region
Gold exploration in the Volta Region
 
Gold and base metals exploration in Eritrea
Gold and base metals exploration in EritreaGold and base metals exploration in Eritrea
Gold and base metals exploration in Eritrea
 

Último

The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfAdnet Communications
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfGale Pooley
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfGale Pooley
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxhiddenlevers
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdfFinTech Belgium
 

Último (20)

The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdf
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdf
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 

Soviet expertise, Canadian security

  • 1. RARE EARTHS, SPECIALITY & STRATEGIC METALS INVESTMENT SUMMIT Soviet expertise, Canadian security Robert Mackay – CEO, Stans Energy IRONMONGERS’ HALL, CITY OF LONDON TUESDAY-WEDNESDAY, 13-14 MARCH 2012 www.ObjectiveCapitalConferences.com 1
  • 3. Statements contained in this presentation which are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices for uranium and rare earths; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; a possible deterioration in political support for nuclear energy and rare earth technologies; changes in government regulations and policies, including trade laws and policies; demand for nuclear power and rare earth products; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Although Stans Energy Corp. believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this release. Stans Energy Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise Cautionary Note to United States and Other Investors Concerning Estimates of Measured, Indicated and Inferred Resources: Certain tables may use the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, however, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable. 3
  • 4. Stans Energy is focused on re-starting a past producing Rare Earth Elements mine and processing facility in Kyrgyzstan Kutessay II Mine: • Past producing open pit mining operation • Produced equal quantities of heavy and light rare earth elements • Known metallurgical processes • 20-year mining license in place Kashka Rare Earth Processing Facility (KRP): • Processed ore from Kutessay II Mine for 30 years • Produced 120 metal, alloy, and oxide products • Under care-and-maintenance since 1991 • Private rail terminal provides access to Russia, Europe, and Asia Strong Board, Technical Advisors, and Management: • Many involved with Kutessay II and the KRP prior to 1991 4
  • 5. Stock Exchange HRE (TSX-Venture) Shares Outstanding 157,263,986 as at March 8,2012 Warrants 8,475,476 Options 13,663,333 Total (fully diluted) 179,402,795 Market Cap C$138m Share price (Mar 9) C$0.88 52 week high/low C$2.45/ C$0.52 Net cash C$17 m Debt Nil 5
  • 6. Major REEs to be produced by Stans Energy Properties Industry Use Yttrium High Tech Defense Applications Terbium Reduces Europium Weight Dysprosium Emissions Gadolinium Energy Consumption Holmium Hybrid Electric Vehicles Green Tech Erbium Allows Thulium Greater Efficiency Luteium Performance Ytterbium Miniaturizatoin Lanthanum Speed Water Treatment Other Applications Cerium Durability Praseodymium Thermal Stability Neodymium Samarium 6
  • 7. Global REE Demand Pacing to Outstrip Supply 250,000 200,000 (Tonnes of REO) 150,000 100,000 50,000 0 2005 2006 2007 2008 2009 2010 2011f 2012f 2013f 2014f 2015f China Demand Adjusted Global Demand ROW Supply China Supply Source: IMCOA – Industrial Mineral Company of Australia 7
  • 8. Source: US Department of Energy 8
  • 9. RUSSIA EUROPE JAPAN CHINA Kyrgyzstan 9
  • 10. • 100% ownership of former Soviet-era mine • Produced 80% of FSU’s REE needs • March 2011: Pit-contained mineral resources – Measured + Indicated: 45,650 tonnes of contained TREO – Inferred: 3,560 tonnes of contained TREO • Preliminary Feasibility Study (PFS) to be completed by end of Q1 of 2012 • 20-year mining license and all permits are in place • Adjacent beryllium deposit provides additional upside – 9.245 million tonnes grading 0.128 % BeO*** ***Based on historical reserves 10
  • 11. Aktyuz Ore Field: Kutessay II REE Mine And Exploration Areas Kutessay III Kalesay Aktyuz Kutessay II Aktyuz Mill
  • 13. NEW MINERALIZED ZONE 13
  • 14. Rich , coarse, concentrated Physical RE Minerals Conc. Pure & easy liberated Placers, Veins,… deposits F.Carbonate : BN Phosphate : MZ, XN Exo, Rad* Pufication Beneficiation Range Finishings for REO content M.Mixed & liberated Markets Hydro, Pyro Oxides : LP,… Silicates : ED ,… Metallurgy range Pure & Phosphates : AP, CH,… IX, SX Mixed F.Carbonates : PA,SY,… In Salts, Weathered, Adsorbed Cl or NO3 Leaching solutions Oxides, Al.Phosphates : FL,.. Metals Ionic ores : Clays Poor, fine, disseminated RE Minerals 14 BN Bastnasite, MZ monazite, XN xenotime, LP loparite, ED eudialyte, AP apatite, CH churchite, PA parisite, SY synchisite, FL florencite,… JP.TOGNET 2012
  • 15. Mineralogy complexity Physical Concentrate Mix Physical Concentrate Crude ore High REO content Intermediate REO content Low REO content MZ, XN BN IO BN LP ED,… YS Silicates NaOH direct/alkal Carbo H2SO4 Alkaline Salt cracking Roasting chlorination Roasting Roasting leaching Crude RE HCl Water Water HNO3 Selct.RE Hydroxide dissolution dissolution dissolution dissolution precip. HCl, HNO3 Ce conc. + Crude RE Crude RE Crude RE HCl dissolution RE3 Cl solution dissolution Cl solution SO4 solution NO3 solution Non RE + Rad* Purification of Mix RE solutions by Chem and/or SX Purified Mix RE solution (Cl, NO3, SO4) ready for individual separation 15 BN Bastnasite, MZ monazite, XN xenotime, LP loparite, ED eudialyte, AP apatite, CH churchite, PA parisite, YS synchisite, FL florencite,… JP.TOGNET 2012
  • 16. Unproven Metallurgical Process for Complex Silicate RE Ores Based on Mineralogy : - Crude ore : Low REO Sulfuric acid H2SO4 - Physical conc. : High REO - Roasted or not Sulfuric Baking or in pulp cracking Atmospheric or Pressure Cake Slurry RE+M+Gangue Sulphates Washing, Dilution Precipitation, Gangue residue L/S Filtration Purification RE Sulphate solution Low REO conc. Purif & changing anion by : RE recovery & - Precipitations + Dissolutions Effluent treatment… - IX / Solvent eXtraction ?! concentration Mix.RE Chloride/Nitrate solution ready for SX separation JP.TOGNET 2012
  • 17. • 100 % ownership • Processed Kutessay II ores for 30 years • 120 metal, alloy, and oxide products • Under care and maintenance since 1991 • Private Rail Terminal provides access to Asia, Europe, and Russia • Facility originally designed by VNIIHT, one of Stans Energy’s core consultants 17
  • 18. 18
  • 19. 30 year proven track record of 99.99% oxide production 19
  • 20. 20
  • 21. 21
  • 22. 22
  • 23. Element Oxide REEs % REO USD/kg REE Breakdown by Value Dysprosium Dy 6.14 1,550 (FOB prices in USD February) Yttrium Y 26.73 145 Terbium Tb 1.55 2600 Neodymium Nd 8.18 175 Europium Eu 0.23 3400 Erbium Er 3.25 205 Praseodymium Pr 3.78 75 Gadolinium Gd 3.59 148 Samarium Sm 4.1 74 Holmium Ho 0.57 128 Thulium Tm 0.25 790 Ytterbium Yb 3.29 155 Lutetium Lu 0.5 1,270 Cerium Ce 19.68 33 Lanthanum La 16.55 35 Based on historic production 23
  • 24. VNIIHT’S ROLE • Stans Energy’s feasibility studies (Q1 2012) will be conducted under the guidance of VNIIHT. VNIIHT’s sixty years of chemical technology experience combined with their capabilities of executing the complete cycle of rare earths research, development, and production will give Stans Energy a significant advantage relative to its competitors. • VNIIHT will also assist with evaluation and acquisition of other HREE properties in areas of the Former Soviet Union (FSU) 24
  • 25. VNIIHT ACHIEVEMENTS  Technologies developed in the Institute became the production cycle base for over 20 hydrometallurgical plants  Over 150 sorbents, extractants and resins were engineered  Over 3600 developments were industrially implemented  Over 2600 inventors certificates and patents were issued  7 minerals were discovered  Over 100 PhDs are employed 25
  • 26. Canada Honorary Consul of the Kyrgyz Republic for Canada Russia Kyrgyzstan VNIIHT Kyrgyz-Russian Slavic University IGPMG RAS Asiarudproject ARRIMR GEOTEP Ecoservice 26
  • 27. CORPORATE STRATEGY • Complete Preliminary Feasibility Study by the end of Q1 2012 • Updated mineral resource statement • First opportunity to present mineral reserves • Bankable Feasibility Study expected in H2-2012 • Advance off-take agreement discussions with end users • Continue to explore: • Deep drilling of areas of know mineralization • Refurbish Kashka Rare Earth Processing Facility (KRP) • Optimize recovery process with new technology • Build out operating and construction teams • Assess HREE and joint-venture opportunities 27
  • 28. President, CEO & Director, Stans Energy Corp; ROBERT MACKAY, BSc Mining Robert worked in various facets of Mineral Exploration from 1969 to 1975 including diamond drilling, geophysics, geological mapping and prospecting. In 1975, Robert graduated from the Haileybury School of Mines. From 1975 to 1980, he gained extensive experience in mining, including mine planning, surveying, grade control, industrial engineering, open pit and underground production. Robert graduated from The South Dakota School of Mines Technology in 1980 with a Mining Engineering Degree and over the next twenty years he worked in the investment business and was a Vice President of two national investment firms. In 2000 Robert started a consulting business and over the next 5 years he worked as a Project Engineer on projects in Canada, United States, China and Africa. Chief Operating Officer & Director; BORIS ARYEV, MSc, P.eng After migrating to Canada in 1983, he worked as a software development consultant with NCR Canada Limited & OPTIMOD Inc. until 1986 and then with Verifact Inc. until 1996. In 1990, Boris became and still is President of Marhope Systems Inc., providing management and consulting services to both public and private sectors. Boris is the founding Director of the Canada-Eurasia-Russia Business Association, founder and chairman of its Mining & Northern Development Committees and co- founder of IEC Minerals Working Group. Chairman of the Board; RODNEY IRWIN, MA , Honorary Consul of Kyrgyz Republic in Canada From 1972 to 1974, Rodney joined the Department of External Affairs, in Ottawa, then in 1978 through to 1980, he served abroad in New-Delhi, Moscow & Port of Spain. From 1988 to 1990 Rodney served as High Commissioner, then in 1992, was named Ambassador to Yugoslavia. Due to the war with Croatia, he served as Ambassador to Albania, Bulgaria, Slovenia & Croatia. From 1993 to 1996, he was Ambassador to Hungary while retaining his Balkan country accreditations. From 1999 to 2003, he served as Ambassador to the Russian Federation with concurrent accreditation to the Republics of Armenia & Uzbekistan. Vice President of Operations; DAVID NEWTON, MSc. During his forty year career in various mine management functions, Mr. Newton has held increasingly senior positions with such firms as Anglo American Corporation and Newmont Gold. Throughout the course of his distinguished career, Mr. Newton has overseen both open-pit and underground mining operations most recently having worked in jurisdictions as diverse as: Democratic Republic of Congo, Armenia, Georgia, Uzbekistan, Ghana, United Kingdom, and South Africa. 28
  • 29. Managing Director of STANS ENERGY KG; DR. GENNADY SAVCHENKO, CGeol, FGS, Qualified Person (QP) Dr. Savchenko graduated from Frunze Polytechnical Institute with a Mining Engineer-Geologist Diploma and Ph. D in Geology & Mineralogy in 1971, then worked till 1981 in exploration & mining enterprises for Uranium in Kazakhstan, East Germany and China. From 2000 to 2002, Dr. Savchenko was Deputy Chief in the Department of Geology & Investment for the Kyrgyz State Geology & Mineral Resources Agency. Vice - Chairman of the Board; Gordon R Baker, Q.C. In 1972, Gordon was called to the Bar of Ontario, then in 1983, he was appointed to the Queens Counsel. A highly regarded corporate law specialist, Gordon holds extensive experience in business law (mergers, acquisitions, joint ventures, financing & structuring) and has acted as counsel (including as a registered lobbyist) advising on government relations (strategic planning, negotiation, compliance issues). Director; DR. DOUGLAS H UNDERHILL, CPG, PhD, MSc, BA (Geology), MBA, Qualified Person (QP) From 1993 to 2002, Doug was a Uranium Resource & Production Specialist for International Atomic Energy Agency in Vienna. He has over 40 years of minerals industry experience with nearly 30 of those years dedicated to uranium (including experience in Kazakhstan & Uzbekistan). As Senior Consultant with Nuclear Assurance Corporation (USA), he is responsible for consulting on Uranium supply strategy and maintaining a worldwide uranium production projects database. Doug represented IAEA in Joint IAEA-NEA Uranium Group. Has an MBA in Strategic Planning & Finance. 29
  • 30. Advisor; DR. GENNADY SARYCHEV Director of the Leading Research Institute of Chemical Technology (VNIIHT) is a former professor of the Moscow Engineering Physics Institute. He has held the position of Director/Department Head of the following institutions: Department of Scientific Research and Development, Department of Scientific Research Work, Department of State Policy on Science, Innovations and Intellectual Property, Department Head of Planning and Construction of Infrastructure Objects for Special Economic Zones. Dr. Sarychev adds invaluable experience to Stans Energy in areas of international cooperation amongst the scientific and business communities. Advisor; DR. VALERY KOSYNKIN; Ph.D., Professor Dr. Kosynkin is one of the world’s preeminent chemists and metallurgists for Rare Earth Elements (REEs). Dr. Kosynkin holds a doctorate of philosophy from Moscow State University. His dissertation was on uranium and the development of REEs through processing loparite concentrate. Since 1959, Dr. Kosynkin has been employed by VNIIHT – The Russian Leading Institute of Chemical Technology, initially as a research in uranium technologies, and from 1973 as the Head of Research and Development for REE chemistry and technology. Dr. Kosynkin has overseen the commissioning of REE production and extraction facilities in Russia, Ukraine, Estonia, and Kazakhstan. In addition to his work at VNIIHT, Dr. Kosynkin served as a USSR IAEA representative from 1968-1973. He has lectured on REE metallurgy and chemistry in Russia, China and Korea. Advisor; MR. JAMES ALLAN BASc (Geological Engineering) MSc (Geology, Engineering) Mr. Allan is a Registered Professional Engineer with the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA). James has over 45 years of experience working with several major mining and petroleum companies and as an independent consultant in mining exploration and exploration management, mineral property evaluation and mining geology. James has been involved in the exploration for, and evaluation of, rare earth deposits both as manager of exploration in Canada for a large rare earth company from 1982 to 1990 and as an independent consultant. 30
  • 31. Advisor; DR. MARAT I FAZLULLIN Leading Russian expert on uranium, gold, and rare earths. Dr. Fazlullin is a renowned Professor, Doctor of (engineering) Science, member of the Mineral Resources International Academy and an Honorable Geologist of the Russian Federation. He has written over 300 publications on Uranium and gold-ore deposits including treatment by the heap and underground leaching methods. He also lead prospecting teams and expeditions for poly-metallic, mercury deposits, oil and gas fields located in Kyrgyzstan, Tajikistan & Algeria as a Chief Engineer. Advisor; MR. JAMES B. HEDRICK Mr. Hedrick is a rare-earth elements, scandium, yttrium, thorium, zirconium, hafnium, and the mica group of minerals expert. James possesses a wealth of knowledge with over 31 year of experience in Mineral commodities. Mr. Hedrick served as Chairman and Executive secretary of the U.S. Government’s Minerals, Metals, and Materials Advisory Board from 1981 to 1995, and chaired two sessions on the rare-earth elements and one on strategic and critical minerals for The Society for Mining, Metallurgy, and Exploration (SME). 31
  • 32. Kyrgyzstan Foreign Investment • New Kyrgyz Government has made mining and property rights its number 1 and 2 priorities in terms of foreign investment • The Basic Foreign Investment Law, adopted in June 1991, allows foreign investors full use of their profits, including unlimited export of profits in the form of foreign currency or merchandise. • Foreign firms also enjoy considerable tax advantages, which extend to Kyrgyz partners in joint ventures. • Investors are granted relief from import duties on materials needed to establish a business, and they continue receiving tax relief for up to five years, depending on their type of business. • After that time, several other types of tax relief are available, including various forms of reinvestment in Kyrgyzstan's economy. Mining in Kyrgyzstan • In contrast to the previous regimes, the current government is enhancing the procedure for obtaining exploration licenses in favor of the mining companies. • As for the general licensing procedures, the laws stick to a more transparent procedure providing for issuance of a license on a “first come first served” basis. • As opposed to licensing, concession and production sharing agreement regimes should allow companies to negotiate with the state individual terms that meet the companies’ needs. • Additionally, in order to avoid the state courts, the concession or production sharing agreement can provide for the jurisdiction of international arbitration courts if any legal disputes occur. 32
  • 33. TSX-V: HRE OTCQX: HREEF Kutessay III STANS ENERGY CORP. 8 King St. East, Suite 205 Toronto, ON, M5C 1B5 Tel: 647 426 1865 Fax 647 426 1869 www.stansenergy.com info@stansenergy.com 33