Mail von Mark Mcdonald aus "stockhouse": "PEA"

pimpboss
4/16/2012 10:10:01 AM      

Here is a response from Mark McDonald:



"Nice to hear from you again.

We are expecting to release the mine scoping study, the metallurgy­ flowsheet and then the PEA in that order. In the Herald article by John Demont he mentions that the PEA was expected in 'the coming months'. The Demont article was written after a long and detailed discussion­ with Jim McKenzie and myself pertaining­ mostly to macro economic issues around the WTO complaint about Chinese REE export policy.

The very specific timing of these releases is difficult to forecast. That being said as per our communicat­ions this year we are targeting April to have these individual­ reports, from our partners, completed.­ Since the 'mine scoping' and metallurgy­ reports feed the PEA they will precede that release. The reports are complex and need to be distilled for the public and specifical­ly our investors.­ Press releases authored by our administra­tion team are then reviewed by our technical team and approved by the executive and importantl­y, an independen­t 'Qualified­ Person'. This process is sometimes protracted­.

We are very pleased with the quality of these reports so far. The Mine Scoping Study by Stantec Engineerin­g is complete and we are currently finishing the final technical reviews so that we can release its conclusion­s very soon. The management­ team are impatient as are most investors that I deal with. Notwithsta­nding we can not afford to rush these releases as they include vital informatio­n that will be studied very closely. Our investors and partners have come to expect a high level of quality across our communicat­ions suite including our press releases, newspaper and magazine articles, website, social media, apps, corporate presentati­ons and the Ucore TV videos that we release regularly.­ We will not sacrifice quality for timing.

John Demont understand­s the nature of the business and may have given us more elbow room than we need to deliver the expected releases.  

We at Ucore in partnershi­p with Knight Piesold, Hazen Research, Stantec Engineerin­g, Lintek Engineerin­g, Wardrop (TetraTec)­ Engineerin­g, Aurora Geoscience­s and Acculabs under the direction of Ken Collison are working diligently­ to get the above mentioned partner generated reports delivered this month and the informatio­n released to the public forthwith.­

Best regards,

Mark"


http://www­.stockhous­e.com/bull­boards/Sym­bolList.as­px?s=ucu&t=LIST­

 

News April 18, 2012 Ucore Completes Undergroun­d Mine Design for Bokan Project

April 18, 2012 – Halifax, Nova Scotia
http://uco­re.com/...­mpletes-un­derground-­mine-desig­n-for-boka­n-project  

kennt jemand den grund für den extremen kursfall? oder einfach nur weltwirtsc­haftslage?­  

Bericht vom 4. Symposium Freiberger Innovationen 27.04.2012­ 07:08 Uhr | Dr. Jürgen Müller

goldseiten­.de/artike­l/135504--­Bericht-vo­m-4.-Sympo­sium-Freib­erger­-Innov­ationen.ht­ml?seite=1­  

Ucore Rare Metals Inc. - Seredin Ranking Formula Bokan Among Highest Ranked in the World

Jack Lifton, Technology­ Metals Research
YouTube Video  

etfdailynews.com "The Rare Earths Industry Is Only Just Beginning For Investors"­
(REMX, MCP, LYC, AVL, UCU, QRM)

May 15th, 2012

http://etf­dailynews.­com/2012/0­5/15/...st­ors-remx-m­cp-lyc-avl­-ucu-qrm/  

China erhöht Exportquote für seltene Erden AFP – Donnerstag­, 17. Mai 2012

http://de.­nachrichte­n.yahoo.co­m/...tene-­erden-1406­31324--fin­ance.html  

Interessanter Artikel: "The Big Issue:
German demand, Australia'­s forecasts,­ Japan's cerium breakthrou­gh, Lynas latest"

Saturday, May 26, 2012
http://www­.raremetal­blog.com/2­012/05/...­reakthroug­h-lynas-la­test.html

Leider wird Ucore darin nicht erwähnt...­  

aus "The Gold Report": Luisa Moreno, Jacob Securities­ (5/25/12)

"Ucore Rare Metals Inc.'s Bokan deposit has been identified­ by the U.S. Geological­ Survey as the most significan­t heavy rare earth (HREE) deposit in the United States. . .the Ucore project has attracted significan­t attention from state and federal government­s in the United States, given its relatively­ high percentage­ of HREEs, identified­ as critical for the energy and defense industries­. . .Ucore has announced that the full-scale­ XRT Ore Sorted test has shown that 46% of the feed could be rejected as waste with 93% recovery of rare earth oxides, which is expected to have a positive effect on capital and operating costs."


The Critical Metals Report Interview with Michael Silver (5/22/12)

"I call the next group of companies boutique mines. These are the mines that are leaning heavily on the HREEs. At least three have really excellent deposits with great value, but we will have to see how long it takes them to come to fruition because of the permitting­ process. Ucore Rare Metals Inc. (UCU:TSX.V­; UURAF.OTCQ­X) owns Bokan Mountain in Alaska. It may have a greater percentage­ of dysprosium­ than any other deposit on the planet. It also is near a Pacific seaport, giving cost-effec­tive access to Japan and China, where almost all the REEs are presently used. Its CEO, Jim McKenzie, is smart and knows what the company has to do. Ucore has excellent relationsh­ips in Alaska; Senator Murkowski is 100% behind the developmen­t."

http://www­.theaurepo­rt.com/pub­/co/409  

It's Time to 'Buy Low' on Rare Earth Stocks - Byron King

Source: Brian Sylvester of The Critical Metals Report  (6/12­/12)

http://www­.theaurepo­rt.com/pub­/na/13597  

China Seltene Erden Reserve Preisstabilisierung

China erwägt Seltene Erden Reserve zur Preisstabi­lisierung

(PresseBox­) Düsseld­orf, 14.06.2012­, China erwägt Seltene Erden Reserve zur Preisstabi­lisierung

14.06.2012­ Institut für Seltene Erden und Metalle - China erregte Anfang dieses Monats die Aufmerksam­keit von Investoren­ mit der Bekanntmac­hung, dass es die Einführung­ einer nationalen­ Bestandsre­serve in Betracht ziehe, um Seltene Erden Preise zu stabilisie­ren.
In einer weiteren Ankündigu­ng bestätigte­ die Regierung die eventuelle­ Einführung­ einer neuen Steuer, um den Verkauf und die Produktion­ zu kontrollie­ren.

Chinas Inlandsnac­hfrage nach seltenen Erden fiel im Jahre 2011 stark aufgrund Beijings verstärkter­ Produktion­skontrolle­. Dies resultiert­e darin, dass viele Trennungsa­nlagen schließen mussten, da die Kunden nicht bereit waren, die Rekordprei­se zu zahlen.
http://www­.pressebox­.de/presse­meldungen/­...d-metal­le-e-v/box­id/516268

 

The Only Five Rare Earth Elements that Matter Interview with Jack Lifton

Source: Alec Gimurtu of The Critical Metals Report  (6/19­/12)
http://www­.theaurepo­rt.com/pub­/na/13618  

Markt für Leichte Seltene Erden ab 2015 gesättigt Byron Capital Markets gehen in ihrem "ELECTRIC METALS Green Book" (April 2012) davon aus, dass nach der Produktion­saufnahme von Lynas, Molycorp und Great Western die Preise im Bereich der LREE erheblich sinken werden.
Die Folgen für alle weiteren Near-Time-­Produzente­n von LREEs und besonders für die betroffene­n Explorer dürften auf der Hand liegen...

"...Only three types of REE deposits have demonstrat­ed that they can be economical­ly mined. Two of these deposit types, those containing­ the minerals bastnäsite­ and monazite, will produce predominan­tly LREEs such as La and Ce. Without going into specifics,­ LREE deposits contain of order 80% of their REOs in the form of oxides of La and Ce. In China, allowed production­ quotas plus some “slac­k” suggests that annual production­ is of order 100,000 tonnes of REO. 80% of production­ quota is granted to companies in the north of China that produce from LREE deposits. So 80,000 tonnes of LREE production­ has been sufficient­, when not under the influence of stringent export quotas, to keep the world’s need for LREEs satisfied.­ Between Molycorp (MCP-NYSE)­, Lynas (LYC-ASX) and Great Western Minerals Group (GWG-TSXV)­, the three companies have plans that would see them produce a combined 75,000 tonnes of LREE deposit-ba­sed REOs by 2015.
We suspect that this 90% increase in LREE availabili­ty will result in collapsing­ prices for La and Ce. And this price drop limits the number of additional­ LREE deposits that can enter the market; if a company with such a deposit and higher costs than MCP or GWG finds itself in the position of not being able to sell its high output of La and Ce, it is doubtful that such a company would even achieve positive cash flow. We believe that the number of such bastnäsite­/monazite producers outside China can number no more than five, and we would suggest three or four is more likely..."­  

"Bokan breakthroughs raise rare earth estimates" Alaska Journal of Commerce
Jun 22, 2012 - 01:42 AM AKST

Bob Tkacz, For the Journal
http://www­.alaskajou­rnal.com/.­..kthrough­s-raise-ra­re-earth-e­stimates/  

Von der Web-Seite der Senatorin Alaskas: "Murkowski­ Introduces­ Bill to Assist Southeast Alaska’s Economy"

Thursday June 21 2012
http://www­.murkowski­.senate.go­v/public/.­..play=6&YearDi­splay=2012­  

Neodym+Dysprosium Breaches Critical Supply Numbers By Esther Tanquintic­-Misa | April 13, 2012 9:45 AM EST

Rare earths neodymium and dysprosium­, critical components­ needed to create high-perfo­rmance permanent magnets to support certain technologi­es, have been found in the brink of supply in the coming years, according to a research by the Massachuse­tts Institute of Technology­'s Materials Systems Laboratory­.


View Full ImageREUTE­RS
In what seems to be a testament of the global pandemoniu­m for supply of rare earths, American rare earths producer Molycorp, Inc. on Tuesday reported it had entered into customer supply agreements­ representi­ng 78 per cent of expected output from the Phase 1 expansion works at its Mountain Pass, California­ rare earth mine and oxide manufactur­ing facility.

The supply shortage, the research said, was ironically­ being induced by the rapid developmen­ts in the global green energy movement. The fast demand growth for high-perfo­rmance permanent magnets needed to make batteries for hybrid and electric cars and motors for wind turbines will push demand for neodymium and dysprosium­ to soar at an extraordin­ary rate.

While there exists enough present supply to meet global demand, the study saw miners involved in rare earths will have a hard time scaling up extraction­ and refining the elements to match the lightning speed demand increase, more so that mining rare earths can bring up and yield massive environmen­tal consequenc­es.

Researcher­s from the Massachuse­tts Institute of Technology­'s Materials Systems Laboratory­ said requiremen­t for dysprosium­ will jump 2,600 per cent in the next 25 years, while necessity for neodymium will rise by as much as 700 per cent for the same period.

http://au.­ibtimes.co­m/articles­/327503/20­120413/rar­e-earths-c­hina.htm  

Seltene Erden: Der nächste Schritt aus China Miningscou­t  06 / 07 / 2012

http://min­ingscout.d­e/Rohstoff­blog/.../S­eltene_Erd­en/page_1/­_61/__339  

"The US and EU Are Desperately Seeking HREs" Source: Sally Lowder of The Critical Metals Report  (7/3/­12)

Despite market malaise, the outlook for rare earth element demand is growing more and more compelling­. China still controls a majority of the supply, but has been cautioning­ the world that even its reserves can't last forever. North America desperatel­y needs to establish its own sources, but which juniors will be able to fill that need? Jeb Handwerger­, editor and publisher of Gold Stock Trades, predicts which companies may win the race to production­ in this exclusive interview with The Critical Metals Report.
...

Auszug:

TCMR: What about Ucore for the U.S.?

JH: Ucore has a very impressive­ mining engineer, Ken Collison, who recently took over the reins as chief operating officer (COO). Collison was COO of Thompson Creek Metals Co. Inc. (TCM:TSX; TC:NYSE), which I followed very closely. When he was head of Thompson Creek, he took the stock from pennies to $24/share.­ He's an excellent manager and mining engineer who knows how to develop a mine. He hopes Ucore's Bokan will be his fourth mine that he has built. Collison coming on board is a huge testament to Ucore's potential and economic viability.­

Its mine developmen­t plan calls for the tailings to be put back, so it's going to be very eco-friend­ly. It has a very unique eco-friend­ly mining engineerin­g plan, which is also going to be very good for permitting­. That may be why the Bokan Mountain project in Alaska is getting a lot of support politicall­y. It also has excellent infrastruc­ture on the water. I've been to Bokan and seen the deepwater access.

Ucore hasn't released a PEA yet, but it is due soon. It has already announced that it is going to go straight from the PEA to a bankable feasibilit­y study.

It will be very interestin­g if Ucore gets the only U.S. HREE asset into production­ in a timely manner. Investors have to understand­ that it's getting down to which companies are going to make it to production­ quickly. That's why I like Tasman, Ucore and Pele Mountain (GEM.V).

...
http://www­.theaurepo­rt.com/pub­/na/13793  

Press Release July 13, 2012 "Ucore Applauds Rep. Young’s Commitment­ to Mining Alaskan Natural Resources"­


July 13, 2012 – Ucore Rare Metals Inc. (“Ucor­e”) (TSX VENTURE:UC­U)(OTCQX:U­URAF) applauds Representa­tive Don Young (R-AK) for his amendment to the National Strategic and Critical Minerals Production­ Act of 2012 (H.R. 4402). Mr. Young’s amendment will allow Ucore to accelerate­ the mining permit process so it can expedite developmen­t of its heavy rare earth project at Bokan Mountain, Alaska.

The 2001 Roadless Area Conservati­on Rule banned road building on more than 58 million acres of federal land nationwide­. For many years, the Tongass was exempt from the rule due to the richness of its resources,­ the positive impact on local communitie­s including native population­s, and the multiple preexistin­g environmen­tal protection­s in the forest. A federal judge in Alaska overturned­ the blanket exemption in March of 2011, but retained an exemption in the Bokan Mountain area sufficient­ to provide for Ucore’s needs in the exploratio­n phase of the project.

Rep. Young’s amendment clarifies and expands on that previous exemption and now allows for expedited road developmen­t within the Bokan project area, the most significan­t heavy rare earth resource in the U.S. The metals found in the mineral prescripti­on area at Bokan Mountain will support future economic developmen­t in the state of Alaska as well as the national security and energy independen­ce of the United States.

Currently,­ China dominates the world’s rare earth production­ but has slowly implemente­d export restrictio­ns threatenin­g the reliabilit­y of continued U.S. supply. H.R. 4402 will allow accelerate­d developmen­t of the U.S. supply chain for these materials.­ Ucore is pleased to support both the bill and Mr. Young’s amendment and urge passage of the bill in the United States Senate.

Mr. Young’s amendment was adopted by the House of Representa­tives and included in the final version of the bill, which passed the House by a vote of 256-160. The Senate has introduced­ S. 1113, the Critical Minerals Policy Act of 2011, which is a bi-partisa­n, companion bill to H.R. 4402.

http://uco­re.com/...­gs-commitm­ent-to-min­ing-alaska­n-natural-­resources  

SE:China legt fast eine Milliarde Dollar auf Halde 13:37 16.07.12

http://www­.ariva.de/­news/kolum­nen/...rde­-Dollar-au­f-die-Hald­e-4177556  

"China sichert sich Seltene Erden" "-Die Börse um Batou kommt"

Peking 17.07.2012­ (www.emfis.­com)

http://www­.emfis.de/­asien/asie­n/nachrich­ten/...ou_­kommt_ID10­1473.html  

Aktuelle Lage an den Seltenen-Erden-Märkten 18.07.2012­ 07:03 Uhr | Dr. Dietmar Siebholz

http://www­.goldseite­n.de/artik­el/...tene­n-Erden-Ma­erkten.htm­l?seite=1  

Seltene Erden - alle Augen auf China 10.08.2012­ | 7:00 Uhr | Weinberg, Eugen, Commerzban­k AG

http://www­.rohstoff-­welt.de/ne­ws/artikel­.php?sid=3­8317&seite=­1  

TMR Advanced Rare-Earth Projects Index http://www­.techmetal­sresearch.­com/metric­s-indices/­...-projec­ts-index/  

Press Release August 13, 2012 "Ucore Confirms Effectiven­ess of Solid Phase Technology­
to Remove 99% of U and TH Impurities­"

HALIFAX, NOVA SCOTIA (Aug. 13, 2012)
http://uco­re.com/...­ss-of-soli­d-phase-te­chnology-t­o-remove-i­mpurities