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According to the researcher, China's manufacturing industries develop fast after entering WTO. Demand for electrolytic copper is daily increasing, which promote the production capacity and output volume of electrolytic copper. By the end of 2106, the production capacity of refined copper was 10.80 million tons, twice that in 2006. The big growth in the smelting production capacity drives the production volume of electrolytic copper in the country. The output volume of electrolytic copper grew from 2.925 million tons in 2006 to 8.436 million tons in 2016, with the CAGR reaching 11.2% during 2006-2016. According to the researcher, China largely relies on raw material import as the largest consumer of copper. The copper import volume increases fast in recent years. However, the degree of self-support of electrolytic copper keeps growing as well. Different from other metal smelting industries, the production capacity of copper smelting is not in surplus. Actually, the supply does not meet the demand. Electrolytic copper is largely imported to meet the domestic demand. According to data from General Administration of Customs of China, in 2016, China imported about 3.629 million tons of refined copper, double the data in 2008, which is slightly lower than that in 2015. With the profit margin of electrolytic copper smelting industry increasing and fixed asset investment encouraged by local governments, the production capacity of copper smelting expands quickly, which raise the degree of self-support of electrolytic copper. In future years, the output volume of electrolytic copper will keep growing while the import volume will decline, forecast by the researcher. Key Topics Covered: 1 Concepts in Electrolytic Copper Industry 1.1 Definition and Classification of Electrolytic Copper 1.2 Parameters and Assumptions of the Report 2 Analysis of Electrolytic Copper Industry in China, 2016-2017 2.1 Development Environment of Electrolytic Copper Industry in China 2.1.1 Economic Environment 2.1.2 Policy Environment 2.1.3 Social Environment 2.2 Analysis of Supply of Electrolytic Copper in China 2.2.1 Analysis of Production Capacity of Electrolytic Copper in China 2.2.2 Analysis of Production Volume of Electrolytic Copper in China 2.3 Analysis of Demand of Electrolytic Copper Industry in China 2.3.1 Major Consumer Groups of Electrolytic Copper 2.3.2 Market Size of Electrolytic Copper in China 2.4 Analysis on Import and Export of Electrolytic Copper in China 2.4.1 Import of Electrolytic Copper in China 2.4.2 Export of Electrolytic Copper in China 3 Market Competition of Electrolytic Copper in China, 2012-2016 3.1 Barriers to Entry in China Electrolytic Copper Industry 3.1.1 Brand Barriers 3.1.2 Policy Barriers 3.1.3 Technical Barriers 3.1.4 Barrier of Economies of Scale 3.2 Competition Structure of China Electrolytic Copper Industry 3.2.1 Bargaining Ability of Raw Material Suppliers of Electrolytic Copper 3.2.2 Bargaining Ability of Consumers of Electrolytic Copper 3.2.3 Internal Competition of Electrolytic Copper Industry 3.2.4 Potential Entrants in Electrolytic Copper Industry 3.2.5 Substitutes for Electrolytic Copper 4 Analysis on Major Electrolytic Copper Manufacturers in China, 2016-2017 4.1 Jiangxi Copper Company Limited 4.2 Tongling Nonferrous Metals Group Holding Co., Ltd. 4.3 Yunnan Copper Industry Limited by Share Ltd. 4.4 Baiyin Nonferrous Group Co., Ltd. 4.5 Jinduicheng Molybdenum Co., Ltd. 4.6 China Daye Non-ferrous Metals Mining Limited 4.7 Pengxin International Mining Co., Ltd. 4.8 Zijin Mining Group Co., Ltd. 4.9 Shandong Humon Smelting Co., Ltd. 5 Analysis of Costs and Price of China Electrolytic Copper Industry, 2014-2016 5.1 Analysis of Cost of Electrolytic Copper Industry in China 5.2 Analysis of Price of Electrolytic Copper Industry in China 6 Prospect of China Electrolytic Copper Industry, 2017-2021 6.1 Factors Influencing Development of China Electrolytic Copper Industry 6.2 Forecast on Supply in Electrolytic Copper Industry in China, 2017-2021 6.3 Forecast on Demand of Electrolytic Copper Industry in China, 2017-2021 For more information about this report visit http://www.researchandmarkets.com/research/gjm998/research_report Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-report-on-electrolytic-copper-industry-in-china-2017-2021---research-and-markets-300454116.html


News Article | May 15, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2017) - Kenadyr Mining (Holdings) Corp. (TSX VENTURE:KEN)(OTC PINK:KNDYF) (the "Corporation" or "Kenadyr") is pleased to announce that drilling has commenced on the South Zone of Kenadyr's 100% owned Borubai License, Kyrgyz Republic. The South Zone is directly adjacent to Zijin Mining Group Co Ltd.'s ("Zijin") Taldy-Bulak Levoberejny ("TBL") Mine deposit, currently in production. Initial drilling is designed to intersect an area which was previously drilled by the Soviet's between 1970 and 1990, and which intersected significant gold mineralization. The South Zone is open in three directions and to depth and drilling in this zone has the potential to see increased grade of the mineralization (from historic numbers) as a result of increased core recovery (core recovery during Soviet drilling averaged only 60% recovery) and the use of Fire Assay versus ICP analysis techniques (which were predominately used during Soviet assaying). The target depth of the initial drill hole is 850 meters. Kenadyr is in a strong position to embark on this upcoming program, having a strong balance sheet, no debt nor significant payments owing, a strong institutional shareholder base and a management team with extensive in-country operational experience, and merger and acquisition expertise. Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "Drilling has now commenced, ahead of schedule and this is a testament to the team's strong efforts in the field along with the efficiency of QED, the drill contractor. The South Zone is a high priority area for Kenadyr with excellent underlying geology. It is open and strongly mineralized at the extent of drilling, according to historical results, and we look forward to retesting this area, to confirm the high grade results reported from previous drilling." Kenadyr's Borubai project comprises a 100-per-cent-owned exploration licence covering a contiguous 164-square-kilometre land package that encircles the Zijin/Kyrgyz/Altyn newly constructed and operational TBL mine, in northern Kyrgyz Republic. Zijin, the majority owner of the TBL mine, is one of China's largest gold producers, second-largest copper and zinc producer, as well as a major producer of tungsten and iron ore. In 2015, Zijin's sales revenue and net profit attributable to the parent company reached $11.44-billion (U.S.) and $255-million (U.S.), respectively, ranking first and second, respectively, among 14 major global public gold miners (source: Zijin website). According to a news release published by Zijin. on Aug. 15, 2011, the national resources table of Kyrgyz Republic stated that the TBL field contains (C1 plus C2) 8,906,100 tonnes of gold ore (the average grade is 7.23 grams per tonne) and the gold metal volume is 64,420.5 kilograms, among which the C1 grade (initial mining reserve) is 4,949,754 tonnes of gold ore (the average grade is 7.02 grams per tonne) and the gold metal volume is 34,754.6 kilograms. The TBL mine is designed to produce 125,000 ounces of gold per annum. The TBL mine deposit is directly adjacent to Kenadyr's initial drill target, the South Zone, which was previously drilled by the Soviets, with drilling on the Bourubai License exceeding 98,000 meters. Readers are cautioned that the resource and reserve estimates relating to the TBL mine do not extend to the Borubai project. Kenadyr has not independently verified the information with respect to the TBL mine provided in this news release and it is not necessarily indicative of the mineralization on the Borubai project. A qualified person has not done sufficient work to classify the historical estimates on the TBL mine as current mineral resources or mineral reserves, and Kenadyr is not aware of the resource and reserve categories, or the key assumptions, parameters and methods used to prepare the historical estimates on the TBL mine. Kenadyr is not treating the historical estimates on the TBL mine as current mineral resources or mineral reserves as defined in National Instrument 43-101. While Kenadyr considers the historical estimates on the TBL mine disclosed in this news release to be relevant to investors, Kenadyr cautions readers that they should not be unduly relied upon in drawing inferences on the mineralization on the Borubai project. Kenadyr's Borubai project, which surrounds the TBL mine, has been the subject of extensive historic exploration including drilling (98,200 metres in 184 diamond drill holes), trenching (13,800 cumulative metres), bulldozer cuts (33,400 cumulative metres), geologic mapping at 1:25,000 and 1:50,000 scales, ridge, spur and grid soil geochemistry for multi-elements (14,200 samples), rock geochemical sampling (2,320 samples), pan concentrate sampling (790 samples), 100 metres of adits, and 184 metres of underground raises. Additionally, the entire area has been subject to airborne magnetic, radiometric and gravity surveys, as well as ground-based resistivity and induced polarization surveys. Additional high grade gold targets exist throughout the Borubai license. The entire license has been subject to extensive geochemical and geophysical surveys, with follow up trenching and drilling on only a few of the identified anomalies. Additional information in respect of the Corporation's business and the Borubai project is available in the Corporation's filing statement dated February 27, 2017, available under the Corporation's profile on SEDAR. Kenadyr has an expert team of mine developers with considerable local and regulatory knowledge, led by Chief Executive Officer Dr. Alex Becker, who has operated successfully in the country for much of the past 20 years. The board and management team includes; R. Stuart (Tookie) Angus (Chairman), Alexander Becker (Chief Executive Officer), Bryan Slusarchuk (President), Douglas J. Kirwin (Director), Brian Lueck (Director) and Kevin Ma (Chief Financial Officer). Mark Eaton will act as an adviser to the Corporation. QED and its predecessor company have a 30-year history and QED has grown their business to be an industry leader in the provision of drilling services to varied clients. QED's services includes diamond drilling, reverse circulation (RC) drilling, RC grade control, geothermal, geotechnical drilling, water boring and slope stability solutions. QED acts as a drill contractor for multiple public and private companies around the world including major, mid-tier and exploration focused companies. Kenadyr has 83,947,623 common shares issued, along with common share purchase warrants exercisable at various prices for an aggregate of 4,633,044 common shares, and 8,385,000 incentive stock options exercisable at $0.80 per share and subject to vesting. Brian Lueck, P. Geo, a director of Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Corporation are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations include the success for failure of the Corporation's proposed exploration activities on the Borubai Project or its resource potential relative to the TBL Mine and other risks detailed from time to time in the filings made by the Corporation with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Corporation will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.


News Article | May 17, 2017
Site: www.prnewswire.com

Investors pay close attention to economic data and look for further indications about the rate hike next month. The Commerce Department stated on Tuesday, that housing starts fell 2.6 percent to an annual rate of 1.17 million units in April, missing economists' forecast of 1.26 million. Housing is one of the drivers of economic growth and has raised concerns when permits decreased 2.5 percent to a 1.23 million annualized pace, also falling short of economists' estimate of 1.27 million. The Fed increased the borrowing cost by 25 basis points in March and will consider another rate hike next month. Kenadyr Mining Holdings Corp. (OTC: KNDYF) announced this week, "Drilling has commenced on the South Zone of Kenadyr's 100% owned Borubai License, Kyrgyz Republic. The South Zone is directly adjacent to Zijin Mining Group Co Ltd.'s Taldy-Bulak Levoberejny ("TBL") Mine deposit, currently in production. (TSX-V: KEN) Initial drilling is designed to intersect an area which was previously drilled by the Soviet's between 1970 and 1990, and which intersected significant gold mineralization. The South Zone is open in three directions and to depth and drilling in this zone has the potential to see increased grade of the mineralization (from historic numbers) as a result of increased core recovery (core recovery during Soviet drilling averaged only 60% recovery) and the use of Fire Assay versus ICP analysis techniques (which were predominately used during Soviet assaying). The target depth of the initial drill hole is 850 meters. Kenadyr is in a strong position to embark on this upcoming program, having a strong balance sheet, no debt nor significant payments owing, a strong institutional shareholder base and a management team with extensive in-country operational experience, and merger and acquisition expertise." Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "Drilling has now commenced, ahead of schedule and this is a testament to the team's strong efforts in the field along with the efficiency of QED, the drill contractor. The South Zone is a high priority area for Kenadyr with excellent underlying geology. It is open and strongly mineralized at the extent of drilling, according to historical results, and we look forward to retesting this area, to confirm the high grade results reported from previous drilling." Integra Gold Corp. (OTCQX: ICGQF) announced Monday that on May 14, 2017 the Company entered into a definitive agreement with Eldorado Gold Corp. (NYSE: EGO), according to which Eldorado has agreed to acquire all of the issued and outstanding common shares of Integra that it does not currently own, by way of a plan of arrangement under the Business Corporations Act (British Columbia). The deal represents a premium of approximately 52% to Integra's May 12, 2017 closing price and a premium of 46% based on the volume weighted average prices ("VWAP") of both companies on the Toronto Stock Exchange, for the 20-day period ending May 12, 2017. McEwen Mining Inc. (NYSE: MUX) is a gold and silver producer in the Americas. On April 27th together with Lexam VG Gold Inc. McEwen Mining announced the successful completion of the previously announced plan of arrangement. Share owners of Lexam approved the Arrangement on April 12, 2017 and a final order approving the Arrangement was issued by the Ontario Superior Court of Justice on April 19, 2017. Lexam is now a subsidiary of McEwen Mining. Pursuant to the Arrangement, share owners of Lexam received 0.056 shares of the McEwen Mining for each Lexam share held prior to the arrangement. As a result, McEwen Mining has 311,871,121 shares outstanding. Pretium Resources Inc. (NYSE: PVG) is constructing the high-grade underground Brucejack gold mine in northern British Columbia with commercial production targeted for 2017 reported on May 1st that wet commissioning is nearing completion at the Brucejack Mine. The commissioning process was initiated in April and the first ore has been introduced to the process in preparation for production. Construction of underground infrastructure, including the crusher, rock breaker, feeder, electrical substation, conveying system and transfer towers is substantially complete and commissioned. The conveyor gallery from the Valley of the Kings portal to the mill building has been installed and the conveyor has been commissioned. Nine hundred tonnes of ore has been introduced as part of the commissioning process and run through the crusher and conveyed to the surge bin in the mill building. Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. 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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2017) - Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) announced today that it has received the fifth and final installment of US$41.2 million owing from a subsidiary of Zijin Mining Group Co., Ltd. as part of a strategic co-development agreement under which Zijin acquired 49.5% of Ivanhoe's majority stake in Kamoa Holding Limited. Kamoa Holding has an indirect 80% interest in the tier one Kamoa-Kakula Copper Project, in the Democratic Republic of Congo, now being jointly developed by Ivanhoe and Zijin. Zijin − through its subsidiary, Gold Mountains (H.K.) International Mining Company Limited - agreed to pay US$412 million for a 49.5% interest in Kamoa Holding Limited. Zijin paid an initial US$206 million at closing in December 2015, followed by the payment of the first four scheduled US$41.2 million installments in March, July and October of last year and February of this year. Following the signing of a partnership agreement with the DRC government in November 2016, Ivanhoe and Zijin Mining now each hold an indirect 39.6% interest in the Kamoa-Kakula Project, Crystal River Global Limited holds an indirect 0.8% interest and the DRC government holds a direct 20% interest. After the receipt of the fifth installment from Zijin, Ivanhoe's consolidated working capital is approximately US$325 million (C$440 million). Ivanhoe Mines is advancing its three principal projects in Sub-Saharan Africa: 1) Mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa's Bushveld Complex; 2) mine development and exploration at the Kamoa-Kakula Copper Project on the Central African Copperbelt in the DRC; and 3) upgrading at the historic, high-grade Kipushi zinc-copper-lead-germanium mine, also on the DRC's Copperbelt. For details, visit www.ivanhoemines.com.


VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 25, 2017) - Kenadyr Mining (Holdings) Corp. (TSX VENTURE:KEN)(OTCQB:KNDYF)(FRANKFURT:KM0) (the "Corporation" or "Kenadyr") is pleased to announce that drilling at the South Zone of Kenadyr's 100% owned Borubai License, Kyrgyz Republic, has intersected widespread gold mineralization including 40 meters at 6.17 g/t Au. The South Zone is directly adjacent to Zijin Mining Group Co Ltd.'s ("Zijin") Taldy Bulak Levoberejnyi ("TBL") Mine deposit, currently in production. Initial drilling was designed to intersect an area which was previously drilled by the Soviets between 1970 and 1990, and which intersected significant gold mineralization. The current drill hole provides support for the validity of the historic Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 meters of) the TBL Mine. The South Zone is open in three directions and to depth, and there are strong indications that it connects to the TBL deposit. Core recovery is >95% and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). The hole has reached its target depth of 850 meters and the remainder of the hole is being split by diamond saw and prepared for assay. Partial Assay Results received to date are listed in the table below: Readers are cautioned that the results from a single drill hole may not be representative of the mineralization on the Borubai Project. Complete drill results will be announced once they become available. Kenadyr is in a strong position having a robust balance sheet, no debt nor significant payments owing, and a supportive institutional shareholder base. The management team has extensive in- country operational experience, and merger and acquisition expertise. Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "Partial results from our initial 2017 drill hole at Borubai have exceeded our expectations. Based on the geometry of the adjacent TBL orebody, it is the Corporation's interpretation that these intersections are close to true widths. Subject to obtaining additional drill results, the Corporation believes that the mineralization encountered in our initial drill hole validates and supports the findings reported in historic drilling and indicates that the mineralization being mined at the adjacent TBL Mine may continue onto Kenadyr's Borubai License." Kenadyr's Borubai project comprises a 100-per-cent-owned exploration licence covering a contiguous 164-square-kilometre land package that encircles the Zijin/Kyrgyz/Altyn newly constructed and operational TBL mine, in northern Kyrgyz Republic. Zijin, the majority owner of the TBL mine, is one of China's largest gold producers, second- largest copper and zinc producer, as well as a major producer of tungsten and iron ore. In 2015, Zijin's sales revenue and net profit attributable to the parent company reached $11.44-billion (U.S.) and $255-million (U.S.), respectively, ranking first and second, respectively, among 14 major global public gold miners (source: Zijin website). According to a news release published by Zijin. on Aug. 15, 2011, the national resources table of Kyrgyz Republic stated that the TBL field contains (C1 plus C2) 8,906,100 tonnes of gold ore (the average grade is 7.23 grams per tonne) and the gold metal volume is 64,420.5 kilograms, among which the C1 grade (initial mining reserve) is 4,949,754 tonnes of gold ore (the average grade is 7.02 grams per tonne) and the gold metal volume is 34,754.6 kilograms. The TBL mine is designed to produce 125,000 ounces of gold per annum. The TBL mine deposit is directly adjacent to Kenadyr's initial drill target, the South Zone, which was previously drilled by the Soviets, with drilling on the Bourubai License exceeding 98,000 meters. Readers are cautioned that the resource and reserve estimates relating to the TBL mine do not extend to the Borubai project. Kenadyr has not independently verified the information with respect to the TBL mine provided in this news release and it is not necessarily indicative of the mineralization on the Borubai project. Kenadyr is not aware of the resource and reserve categories, or the key assumptions, parameters and methods used to prepare the estimates on Zijin's TBL mine. Kenadyr's Borubai project, which surrounds the TBL mine, has been the subject of extensive historic exploration including drilling (98,200 metres in 184 diamond drill holes), trenching (13,800 cumulative metres), bulldozer cuts (33,400 cumulative metres), geologic mapping at 1:25,000 and 1:50,000 scales, ridge, spur and grid soil geochemistry for multi-elements (14,200 samples), rock geochemical sampling (2,320 samples), pan concentrate sampling (790 samples), 100 metres of adits, and 184 metres of underground raises. Additionally, the entire area has been subject to airborne magnetic, radiometric and gravity surveys, as well as ground-based resistivity and induced polarization surveys. Additional high grade gold targets exist throughout the Borubai license. The entire license has been subject to extensive geochemical and geophysical surveys, with follow up trenching and drilling on only a few of the identified anomalies. Additional information in respect of the Corporation's business and the Borubai project is available in the Corporation's Annual Information Form dated April 28, 2017, available under the Corporation's profile on SEDAR. Kenadyr has an expert team of mine developers with considerable local and regulatory knowledge, led by Chief Executive Officer Dr. Alex Becker, who has operated successfully in the country for much of the past 20 years. The board and management team includes; R. Stuart (Tookie) Angus (Chairman), Alexander Becker (Chief Executive Officer), Bryan Slusarchuk (President), Douglas J. Kirwin (Director), Brian Lueck (Director) and Kevin Ma (Chief Financial Officer). Mark Eaton will act as an adviser to the Corporation. Brian Lueck, P. Geo, a director of Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Corporation are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations include the success for failure of the Corporation's proposed exploration activities on the Bourabi Project or its resource potential relative to the TBL Mine and other risks detailed from time to time in the filings made by the Corporation with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Corporation will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.


News Article | May 26, 2017
Site: www.prnewswire.com

Gold has rebounded from its two-month low of $1,213.81 per ounce on May 9. Recent political uncertainties in the United States have boosted the demand for gold, which is considered a safe-haven asset in the times of political and economic turmoil. Investors are concerned that the latest events could delay the presidential administration's agenda to implement a tax reform. The yellow metal has gained 9.46 percent year-to-date. Kenadyr Mining Holdings Corp. (OTC: KNDYF) (TSX-V: KEN) announced yesterday that, "Drilling at the south zone of Kenadyr Mining (Holdings) Corp.'s 100-per-cent-owned Borubai license in the Kyrgyz Republic has intersected widespread gold mineralization, including 40 meters at 6.17 grams per tonne gold. The south zone is directly adjacent to Zijin Mining Group Co. Ltd.'s Taldy Bulak Levoberejnyi mine deposit, currently in production." Initial drilling was designed to intersect an area which was previously drilled by the Soviets between 1970 and 1990, and which intersected significant gold mineralization. The current drill hole provides support for the validity of the historical Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 metres of) the TBL mine. The south zone is open in three directions and to depth, and there are strong indications that it connects to the TBL deposit. Core recovery is greater than 95 per cent, and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). The hole has reached its target depth of 850 meters, and the remainder of the hole is being split by diamond saw and prepared for assay. Kenadyr is in a strong position having a robust balance sheet, no debt nor significant payments owing, and a supportive institutional shareholder base. The management team has extensive in-country operational experience and merger and acquisition expertise. Dr. Alexander Becker, Kenadyr's Chief Executive Officer, states: "Partial results from our initial 2017 drill hole at Borubai have exceeded our expectations. Based on the geometry of the adjacent TBL orebody, it is the corporation's interpretation that these intersections are close to true widths. Subject to obtaining additional drill results, the corporation believes that the mineralization encountered in our initial drill hole validates and supports the findings reported in historic drilling, and indicates that the mineralization being mined at the adjacent TBL mine may continue onto Kenadyr's Borubai license." Brian Lueck, PGeo, a director of Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release. Eldorado Gold Corp. (NYSE: EGO) on May 15th announced that it has entered into a definitive agreement with Integra Gold Corp. (OTCQX: ICGQF), pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of Integra that it does not currently own, by way of a plan of arrangement under the Business Corporations Act. Under the Arrangement, shareholders of Integra will be entitled to receive, at their option, for each Integra share they own either (i) 0.24250 Eldorado shares, (ii) C$1.21250 in cash, in both (i) and (ii) subject to pro ration, or (iii) 0.18188 of an Eldorado share and C$0.30313 in cash. The maximum number of shares issuable by Eldorado under the Arrangement will be approximately 77 million (based on the number of Integra shares outstanding less Integra shares currently owned by Eldorado). The maximum amount of cash payable by Eldorado under the Arrangement will be approximately C$129 million equal to 25% of the total consideration. The total transaction value is approximately C$590 million, inclusive of Integra shares held by Eldorado. Centerra Gold Inc. (OTC: CAGDF) recently reported first quarter net earnings of $57.0 million or $0.20 per common share (basic) on revenues of $285.3 million in the first quarter of 2017, compared to net earnings of $18.1 million or $0.08 per common share (basic) on revenues of $73.2 million for the same period in 2016. Scott Perry CEO of Centerra Gold stated, "While the Company had a good quarter operationally and financially, it was over shadowed by a tragic event which occurred in April at Kumtor when an employee was fatally injured while inspecting a light vehicle in the field. This tragedy reinforces our commitment to our Company-wide safety leadership program "Work Safe, Home Safe" which we continue to roll out to all our sites. Golden Star Resources Ltd. (NYSE: GSS) earlier in February announced its Mineral Reserves and Mineral Resources estimate as of December 31, 2016. Sam Coetzer, President and Chief Executive Officer of Golden Star, commented, "It is pleasing to see from the 2016 Mineral Reserve estimate that despite the reduction in ounces due to mining depletion, the head grade has increased by 8%. This reflects our mine plan, which sees Golden Star mining higher grade, more profitable ore going forward and underlines our strategy to become a high grade, low cost producer. During 2016 we conducted limited exploration as we focused on advancing our two high grade underground mines. However following the achievement of commercial production at our Wassa Underground Gold Mine, our exploration team's focus in 2017 will be on defining additional Mineral Reserves at both of our operations. I look forward to providing an update on our exploration strategy later this quarter." Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News" Subscribe Now! 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News Article | April 25, 2017
Site: marketersmedia.com

Market Analysis Research Report on “Global Metals and Mining Market 2017 Industry Growth, Size, Trends, Share, Opportunities and Forecast to 2022” to their research database.Pune, India - April 25, 2017 /MarketersMedia/ — Global Metals and Mining Market This report studies the Metals and Mining market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Metals and Mining market by product type and applications/end industries. The major players in global Metals and Mining market include BHP Billiton, Rio Tinto, China Shenhua Energy, Coal India, Norisk Nickel, Glencore, Group Mexico, Vale S.A., Potash Arabian Mining Company, The Mosaic Company, China Coal Energy, Zijin Mining Group Co., Goldcorp, Newmont Mining, Barrick Gold, China Northern Rare Earth, Freeport-McMoRan Copper & Gold, FresnilloPolyus Gold International Request a Sample Report @ https://www.wiseguyreports.com/sample-request/1205327-global-metals-and-mining-market-professional-survey-report-2017 The global Metals and Mining market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue, market share and growth rate of Metals and Mining in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India On the basis of product, the Metals and Mining market is primarily split into Coal Metal Rare Earth Others On the basis on the end users/applications, this report covers Power Industry Chemical Metal Production Construction Consumer Products Enquiry for buying report@ https://www.wiseguyreports.com/enquiry/1205327-global-metals-and-mining-market-professional-survey-report-2017 Table of Contents Global Metals and Mining Market Professional Survey Report 2017 1 Industry Overview of Metals and Mining 1.1 Definition and Specifications of Metals and Mining 1.1.1 Definition of Metals and Mining 1.1.2 Specifications of Metals and Mining 1.2 Metals and Mining Segment by Types (Product Category) 1.2.1 Global Metals and Mining Production (K Ton) and Growth Rate (%) Comparison by Types (2012-2022) 1.2.2 Global Metals and Mining Production Market Share (%) by Types in 2016 1.2.3 Coal 1.2.4 Metal 1.2.5 Rare Earth 1.2.6 Others 1.3 Global Metals and Mining Segment by Applications 1.3.1 Global Metals and Mining Consumption (K Ton) Comparison by Applications (2012-2022) 1.3.2 Power Industry 1.3.3 Chemical 1.3.4 Metal Production 1.3.5 Construction 1.3.6 Consumer Products 1.4 Global Metals and Mining Market by Regions (2012-2022) 1.4.1 Global Metals and Mining Market Size and Growth Rate (%) Comparison by Regions (2012-2022) 1.4.2 North America Metals and Mining Status and Prospect (2012-2022) 1.4.3 China Metals and Mining Status and Prospect (2012-2022) 1.4.4 Europe Metals and Mining Status and Prospect (2012-2022) 1.4.5 Japan Metals and Mining Status and Prospect (2012-2022) 1.4.6 India Metals and Mining Status and Prospect (2012-2022) 1.4.7 Southeast Asia Metals and Mining Status and Prospect (2012-2022) 1.5 Global Metals and Mining Market Size (2012-2022) 1.5.1 Global Metals and Mining Revenue (Million USD) Status and Outlook (2012-2022) 1.5.2 Global Metals and Mining Capacity, Production (K Ton) Status and Outlook (2012-2022) …………. 8 Major Manufacturers Analysis of Metals and Mining 8.1 BHP Billiton 8.1.1 Company Profile 8.1.2 Product Picture and Specifications 8.1.2.1 Coal 8.1.2.2 Metal 8.1.2.3 Rare Earth 8.1.3 BHP Billiton 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.1.4 BHP Billiton 2016 Metals and Mining Business Region Distribution Analysis 8.2 Rio Tinto 8.2.1 Company Profile 8.2.2 Product Picture and Specifications 8.2.2.1 Coal 8.2.2.2 Metal 8.2.2.3 Rare Earth 8.2.3 Rio Tinto 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.2.4 Rio Tinto 2016 Metals and Mining Business Region Distribution Analysis 8.3 China Shenhua Energy 8.3.1 Company Profile 8.3.2 Product Picture and Specifications 8.3.2.1 Coal 8.3.2.2 Metal 8.3.3 China Shenhua Energy 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.3.4 China Shenhua Energy 2016 Metals and Mining Business Region Distribution Analysis 8.4 Coal India 8.4.1 Company Profile 8.4.2 Product Picture and Specifications 8.4.2.1 Coal 8.4.2.2 Metal 8.4.2.3 Rare Earth 8.4.3 Coal India 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.4.4 Coal India 2016 Metals and Mining Business Region Distribution Analysis 8.5 Norisk Nickel 8.5.1 Company Profile 8.5.2 Product Picture and Specifications 8.5.2.1 Coal 8.5.2.2 Metal 8.5.3 Norisk Nickel 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.5.4 Norisk Nickel 2016 Metals and Mining Business Region Distribution Analysis 8.6 Glencore 8.6.1 Company Profile 8.6.2 Product Picture and Specifications 8.6.2.1 Coal 8.6.2.2 Metal 8.6.3 Glencore 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.6.4 Glencore 2016 Metals and Mining Business Region Distribution Analysis 8.7 Group Mexico 8.7.1 Company Profile 8.7.2 Product Picture and Specifications 8.7.2.1 Coal 8.7.2.2 Metal 8.7.3 Group Mexico 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.7.4 Group Mexico 2016 Metals and Mining Business Region Distribution Analysis 8.8 Vale S.A. 8.8.1 Company Profile 8.8.2 Product Picture and Specifications 8.8.2.1 Coal 8.8.2.2 Metal 8.8.3 Vale S.A. 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.8.4 Vale S.A. 2016 Metals and Mining Business Region Distribution Analysis 8.9 Potash Arabian Mining Company 8.9.1 Company Profile 8.9.2 Product Picture and Specifications 8.9.2.1 Coal 8.9.2.2 Metal 8.9.3 Potash Arabian Mining Company 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.9.4 Potash Arabian Mining Company 2016 Metals and Mining Business Region Distribution Analysis 8.10 The Mosaic Company 8.10.1 Company Profile 8.10.2 Product Picture and Specifications 8.10.2.1 Coal 8.10.2.2 Metal 8.10.3 The Mosaic Company 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.10.4 The Mosaic Company 2016 Metals and Mining Business Region Distribution Analysis 8.11 China Coal Energy 8.11.1 Company Profile 8.11.2 Product Picture and Specifications 8.11.2.1 Coal 8.11.2.2 Metal 8.11.3 China Coal Energy 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.11.4 China Coal Energy 2016 Metals and Mining Business Region Distribution Analysis 8.12 Zijin Mining Group Co. 8.12.1 Company Profile 8.12.2 Product Picture and Specifications 8.12.2.1 Coal 8.12.2.2 Metal 8.12.3 Zijin Mining Group Co. 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.12.4 Zijin Mining Group Co. 2016 Metals and Mining Business Region Distribution Analysis 8.13 Goldcorp 8.13.1 Company Profile 8.13.2 Product Picture and Specifications 8.13.2.1 Coal 8.13.2.2 Metal 8.13.3 Goldcorp 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.13.4 Goldcorp 2016 Metals and Mining Business Region Distribution Analysis 8.14 Newmont Mining 8.14.1 Company Profile 8.14.2 Product Picture and Specifications 8.14.2.1 Coal 8.14.2.2 Metal 8.14.3 Newmont Mining 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.14.4 Newmont Mining 2016 Metals and Mining Business Region Distribution Analysis 8.15 Barrick Gold 8.15.1 Company Profile 8.15.2 Product Picture and Specifications 8.15.2.1 Coal 8.15.2.2 Metal 8.15.3 Barrick Gold 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.15.4 Barrick Gold 2016 Metals and Mining Business Region Distribution Analysis 8.16 China Northern Rare Earth 8.16.1 Company Profile 8.16.2 Product Picture and Specifications 8.16.2.1 Coal 8.16.2.2 Metal 8.16.3 China Northern Rare Earth 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.16.4 China Northern Rare Earth 2016 Metals and Mining Business Region Distribution Analysis 8.17 Freeport-McMoRan Copper & Gold 8.17.1 Company Profile 8.17.2 Product Picture and Specifications 8.17.2.1 Coal 8.17.2.2 Metal 8.17.3 Freeport-McMoRan Copper & Gold 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.17.4 Freeport-McMoRan Copper & Gold 2016 Metals and Mining Business Region Distribution Analysis 8.18 FresnilloPolyus Gold International 8.18.1 Company Profile 8.18.2 Product Picture and Specifications 8.18.2.1 Coal 8.18.2.2 Metal 8.18.3 FresnilloPolyus Gold International 2016 Metals and Mining Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.18.4 FresnilloPolyus Gold International 2016 Metals and Mining Business Region Distribution Analysis Continued……. Buy Now@ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=1205327 Contact Info:Name: NORAH TRENTOrganization: WISE GUY RESEARCH CONSULTANTS PVT LTDAddress: Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune - 411028Phone: +1-646-845-9349 (US), +44 208 133 9349 (UK)Source URL: http://marketersmedia.com/metals-and-mining-market-2017-global-analysis-opportunities-and-forecast-to-2022/189874For more information, please visit http://www.wiseguyreports.comSource: MarketersMediaRelease ID: 189874


News Article | April 18, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 18, 2017) - Kenadyr Mining (Holdings) Corp. (TSX VENTURE:KEN) (the "Corporation" or "Kenadyr") is pleased to announce it has finalized a drill contract with Quest Exploration Drilling ("QED"). Kenadyr is in a strong position to embark on this upcoming program, having a strong balance sheet, no debt nor significant payments owing, a strong institutional shareholder base and a management team with extensive in-country operational experience, and merger and acquisition expertise. QED and its predecessor company have a 30 year history and QED has grown their business to be an industry leader in the provision of drilling services to varied clients. QED's services includes diamond drilling, reverse circulation (RC) drilling, RC grade control, geothermal, geotechnical drilling, water boring and slope stability solutions. QED acts as a drill contractor for multiple public and private companies around the world including major, mid-tier and exploration focused companies. Drilling is expected to commence within the next 90 days and the updated contract with QED reflects a focus on high impact areas of the project. The drill program will include both core drilling and reverse circulation drilling. A focus of the initial drill program is to establish correlation between extensive previous historical Soviet drilling and modern drilling. Drilling at the Borubai project has the potential to increase both the size, and the grade, of the mineralization (from historic numbers) as a result of increased core recovery and modern drilling and assaying (Fire Assay versus ICP analysis) techniques. Core recovery during Soviet drilling averaged only 60%. In addition to initial drilling in the high priority South Zone, an area of mineralization directly adjacent to the Zijin Mining Group Co Ltd.'s ("Zijin") Taldy-Bulak Levoberejny ("TBL") mine, Kenadyr will undertake drilling, bull dozer trenching and sampling cuts on the SS Zone and SS Trend. As well as drilling, the Corporation intends to take approximately 1,250 channel samples and 2,200 soil geochemistry samples in this area. Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "The underlying geology within this belt is conducive to large size and high grade. Based on this, the strategic location and the immense amount of historical investment in drilling to guide us, we are enthusiastic about the start of this work program. Kenadyr will seek to confirm and enhance past historical estimates of both size and grade." Kenadyr's Bourbai project comprises a 100-per-cent-owned exploration licence covering a contiguous 164-square-kilometre land package that encircles the Zigin/Kyrgyz/Altyn newly constructed and operational TBL mine, which was built at a cost of $296-million (U.S.), in northern Kyrgyz Republic. Zijin, the majority owner of the TBL mine, is one of China's largest gold producers, second-largest copper and zinc producer, as well as a major producer of tungsten and iron ore. In 2015, Zijin's sales revenue and net profit attributable to the parent company reached $11.44-billion (U.S.) and $255-million (U.S.), respectively, ranking first and second, respectively, among 14 major global public gold miners (source: Zijin website). According to a news release published by Zijin. on Aug. 15, 2011, the national resources table of Kyrgyz Republic stated that the TBL field contains (C1 plus C2) 8,906,100 tonnes of gold ore (the average grade is 7.23 grams per tonne) and the gold metal volume is 64,420.5 kilograms, among which the C1 grade (initial mining reserve) is 4,949,754 tonnes of gold ore (the average grade is 7.02 grams per tonne) and the gold metal volume is 34,754.6 kilograms. The TBL mine is designed to produce 125,000 ounces of gold per annum. The TBL mine deposit is directly adjacent to Kenadyr's initial drill target, the South Zone, which was previously drilled by the Soviets, with drilling on the Bourubai License exceeding 98,000 meters. Readers are cautioned that the resource and reserve estimates relating to the TBL mine do not extend to the Borubai project. Kenadyr has not independently verified the information with respect to the TBL mine provided in this news release and it is not necessarily indicative of the mineralization on the Borubai project. A qualified person has not done sufficient work to classify the historical estimates on the TBL mine as current mineral resources or mineral reserves, and Kenadyr is not aware of the resource and reserve categories, or the key assumptions, parameters and methods used to prepare the historical estimates on the TBL mine. Kenadyr is not treating the historical estimates on the TBL mine as current mineral resources or mineral reserves as defined in National Instrument 43-101. While Kenadyr considers the historical estimates on the TBL mine disclosed in this news release to be relevant to investors, Kenadyr cautions readers that they should not be unduly relied upon in drawing inferences on the mineralization on the Borubai project. Kenadyr's Borubai project, which surrounds the TBL mine, has been the subject of extensive historic exploration including drilling (98,200 metres in 184 diamond drill holes), trenching (13,800 cumulative metres), bulldozer cuts (33,400 cumulative metres), geologic mapping at 1:25,000 and 1:50,000 scales, ridge, spur and grid soil geochemistry for multi-elements (14,200 samples), rock geochemical sampling (2,320 samples), pan concentrate sampling (790 samples), 100 metres of adits, and 184 metres of underground raises. Additionally, the entire area has been subject to airborne magnetic, radiometric and gravity surveys, as well as ground-based resistivity and induced polarization surveys. Additional high grade gold targets exist throughout the Borubai license. The entire license has been subject to extensive geochemical and geophysical surveys, with follow up trenching and drilling on only a few of the identified anomalies. Additional information in respect of the Corporation's business and the Borubai project is available in the Corporation's filing statement dated February 27, 2017, available under the Corporation's profile on SEDAR. Kenadyr has an expert team of mine developers with considerable local and regulatory knowledge, led by Chief Executive Officer Dr. Alex Becker, who has operated successfully in the country for much of the past 20 years. The board and management team includes; R. Stuart (Tookie) Angus (Chairman), Alexander Becker (Chief Executive Officer), Bryan Slusarchuk (President), Douglas J. Kirwin (Director), Brian Lueck (Director) and Kevin Ma (Chief Financial Officer). Mark Eaton will act as an adviser to the Corporation. Kenadyr has 83,947,623 common shares issued along with common share purchase warrants exercisable at various prices for an aggregate of 4,633,044 common shares. Additional to this, Kenadyr is also pleased to announce that the Corporation has retained Skanderbeg Capital Advisors Inc. (principals Carson Seabolt and Mario Vetro, of British Columbia, Canada) to provide investor relations services to the Corporation for an initial 12-month term at a rate of CAD $6,000 plus GST per month and 500,000 incentive stock options exercisable at a price of $0.80 cents for period of 5 years and vesting quarterly over the first 12 months following the grant. Investor relation services include communication with existing and prospective Kenadyr investors. Further, the Corporation has granted an additional 7,885,000 incentive stock options exercisable at a price of $0.80 cents for a period of 5 years to various directors, officers, employees and consultants of the Corporation, also subject to 20% vesting on the date of grant and 20% vesting each 6 months thereafter over a 5 year period from the date of grant. Brian Lueck, P. Geo, a director of the Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Corporation are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations include the success for failure of the Corporation's proposed exploration activities on the Bourabi Project or its resource potential relative to the TBL Mine and other risks detailed from time to time in the filings made by the Corporation with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Corporation will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.


News Article | June 1, 2017
Site: www.prnewswire.com

Adam Koos, President of Wealth Management Group said, "Gold investors have been watching the stock market rally, which has run so high for so long, and they're eyeballing the Fed agenda, coupled with POTUS related news and the fact that we're living in the midst of the seasonally-weak months of the year for the DJIA and S&P 500 SPX." Kenadyr Mining Holdings Corp. (OTC: KNDYF) announced last week that, "Drilling at the south zone of Kenadyr Mining (Holdings) Corp.'s 100-per-cent-owned Borubai license in the Kyrgyz Republic has intersected widespread gold mineralization, including 40 metres at 6.17 grams per tonne gold. The south zone is directly adjacent to Zijin Mining Group Co. Ltd.'s Taldy Bulak Levoberejnyi mine deposit, currently in production. Kenadyr Mining Holdings Corp. is listed on the TSX Venture Exchange under the ticker symbol KEN. Initial drilling was designed to intersect an area which was previously drilled by the Soviets between 1970 and 1990, and which intersected significant gold mineralization. The current drill hole provides support for the validity of the historical Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 metres of) the TBL mine. The south zone is open in three directions and to depth, and there are strong indications that it connects to the TBL deposit. Core recovery is greater than 95 per cent, and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). The hole has reached its target depth of 850 metres, and the remainder of the hole is being split by diamond saw and prepared for assay… Kenadyr is in a strong position having a robust balance sheet, no debt nor significant payments owing, and a supportive institutional shareholder base. The management team has extensive in-country operational experience and merger and acquisition expertise. Dr. Alexander Becker, Kenadyr's Chief Executive Officer, states, "Partial results from our initial 2017 drill hole at Borubai have exceeded our expectations. Based on the geometry of the adjacent TBL orebody, it is the corporation's interpretation that these intersections are close to true widths. Subject to obtaining additional drill results, the corporation believes that the mineralization encountered in our initial drill hole validates and supports the findings reported in historic drilling, and indicates that the mineralization being mined at the adjacent TBL mine may continue onto Kenadyr's Borubai license." IAMGOLD Corp. (NYSE: IAG) is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. On May 15th, IAMGOLD provided an update from its 2017 infill drilling program at the Saramacca project, located 25 kilometres southwest of its Rosebel Gold Mine ('RGM') in Suriname. The current phase of the 2017 infill delineation drilling program is now complete with 113 diamond drill holes totaling approximately 19,600 metres.  Assay results have been received from 78 drill holes totaling 14,166 metres, including 49 drill holes totaling 8,158 metres reported herein (see previous news release dated March 29th, 2017). Assay results from the remaining drill holes are expected in June and will be reported once they are validated and compiled. Kinross Gold Corp. (NYSE: KGC) is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Kinross' focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. On May 18th, Kinross Gold announced that it has entered into an agreement to acquire an approximately 19.9% interest in White Gold Corp. by selling its 100% interest in the White Gold exploration project in the Yukon Territory to the company. "We look forward to working with Agnico Eagle and White Gold Corp. to support the pursuit of quality development opportunities in this highly prospective and largely underdeveloped district," said J. Paul Rollinson, President and CEO of Kinross Gold. "This investment will allow the three companies to pool their expertise together to strengthen their position in this excellent mining jurisdiction." NovaGold Resources Inc. (NYSE: NG) is a well-financed precious metals company focused on the permitting and development of its 50%-owned Donlin Gold project in Alaska, one of the safest mining jurisdictions in the world. With approximately 39 million ounces of gold in the measured and indicated resource categories, inclusive of proven and probable reserves (541 million tonnes at an average grade of approximately 2.2 grams per tonne), Donlin Gold is regarded to be one of the largest, highest grade, and most prospective known gold deposits in the world. On April 3rd, NovaGold announced its first quarter financial results and updates for its flagship 50%-owned Donlin Gold project in Alaska and its 50%-owned Galore Creek copper-gold-silver project in British Columbia. With over $98 million in its treasury as of February 28th, 2017, NovaGold has ample funds to complete permitting at Donlin Gold. Barrick Gold Corp. (NYSE: ABX) aims to cultivate a high-performance culture defined by the following principles: a deep commitment to partnership, consistent execution, operational excellence, disciplined capital allocation, and continual self-improvement. We are obsessed with talent, and seek out fresh perspectives from other industries, challenging ourselves to think differently as we transform Barrick into a leading 21st century company. On April 6th, Barrick Gold announced that it has entered into a strategic cooperation agreement with Shandong Gold Group Co., Ltd. ('Shandong'), the leading underground mining company in China, based in Jinan, Shandong province. Please Sign Up Now at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. 'The Latest Buzz in Financial News' Subscribe Now! 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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2017) - Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) announced today that it has received the fourth installment of US$41.2 million owing from a subsidiary of Zijin Mining Group Co., Ltd. as part of a strategic co-development agreement under which Zijin acquired 49.5% of Ivanhoe's majority stake in Kamoa Holding Limited that holds the interest in the Kamoa-Kakula copper discovery, now being jointly developed by Ivanhoe and Zijin in the Democratic Republic of Congo. Zijin - through its subsidiary, Gold Mountains (H.K.) International Mining Company Limited - agreed to pay US$412 million for a 49.5% interest in Kamoa Holding Limited. Zijin paid an initial US$206 million at closing in December 2015, followed by the payment of the first three of five scheduled US$41.2 million installments in March, July and October of last year. Following the signing of a partnership agreement with the DRC government in November 2016, Ivanhoe and Zijin Mining now each hold an indirect 39.6% interest in the Kamoa-Kakula Project, Crystal River Global Limited holds an indirect 0.8% interest and the DRC government holds a direct 20% interest. Kamoa Holding Limited continues to hold an 80% interest in the Kamoa-Kakula Project. After the receipt of the fourth installment from Zijin, Ivanhoe's consolidated working capital is approximately US$355 million (C$467 million). The fifth and final US$41.2 million installment payment is due on May 23, 2017. The installment payments are secured by a pledge of shares of Kamoa Holding Limited with proportionate releases of the security on the pledged shares following receipt of each installment payment. Ivanhoe Mines is advancing its three principal projects in Sub-Saharan Africa: Mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa's Bushveld Complex; mine development and exploration at the Kamoa-Kakula copper discovery on the Central African Copperbelt in the DRC; and upgrading at the historic, high-grade Kipushi zinc-copper-lead-germanium mine, also on the DRC's Copperbelt. For details, visit www.ivanhoemines.com. Certain statements in this news release may constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including, without limitation, the payment by a subsidiary of Zijin of the fifth installment payment of US$41.2 million on May 23, 2017. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Ivanhoe Mines to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect Ivanhoe Mines' current expectations regarding future events, performance and results and speak only as of the date of this news release.

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