Baffler
19 Mar 2018
A very happy Monday to all! Kemin comes good.
Baffler
16 Jul 2017
Re: Lithium - pricing news This is very interesting, no wonder they have upped the communication about Lithium..[link]
Baffler
06 Jul 2017
Lithium - Volvo news Volvo news.... It looks as if the world is going to need one 'hell of a lot' of LITHIUM. Now, I wonder where that will come from?
Baffler
17 Jun 2017
Page ten onwards, for information only [link]
Baffler
15 Jun 2017
Mining in Kazakhstan - for info. Mining in the Republic of Kazakhstan - Ten things to knowPublication | August 2013 Introduction1. State ownership of minerals/metals 2. Mining legislation 3. Mining licences 4. Rights of foreign investors 5. Protection of nationals 6. Government interest in the project 7. Fees, taxes, duties and royalties and tax incentives 8. Financial capacity of the investor 9. Protection of the environment 10. Enforcement regime IntroductionKazakhstan is fast emerging as a major global presence in the mining industry, and has resources of over seventy metals and minerals, twenty five of which are mined commercially. With the mining industry accounting for 27 per cent of its GDP, Kazakhstan has world leading reserves of chromite, zinc, copper, gold and manganese, and holds 28 per cent of the global supply of uranium.1. State ownership of minerals/metalsAll minerals existing on, in or below the surface in Kazakhstan are and remain the property of the state. Minerals brought to the surface belong to a subsurface user (i.e. a mining company) unless otherwise provided for by contract. The subsurface use rights for the exploration or production of minerals are granted by means of a contract entered into with the Ministry of Industry and New Technologies (MINT). 2. Mining legislationThe principal legislation governing subsurface exploration and mining activity in Kazakhstan is the Subsurface Use Law dated 24 June 2010, which took effect on 7 July 2010 (the Subsurface Law). The Subsurface Law replaced the Law on the Subsurface and Subsurface Use, dated 27 January 1996, as amended. 3. Mining licencesMajor mining activities under the Subsurface Law include:explorationproduction and joint explorationproductionContracts for these activities are typically granted following competitive tender.The term of an exploration contract is six years with the right to extend its term in case of a commercial discovery for the period necessary to evaluate the extent of such discovery. A commercial discovery under an exploration contract gives the exclusive right to a subsurface user to enter into a production contract on terms and conditions agreed with MINT.A production contract may be entered into for any period until depletion of the deposits but cannot be for more than for 25 years except for large and unique deposits where the contract term may be up to 45 years. A contract for joint exploration and production is granted by the state only for strategic fields or fields having complex geological structure. 4. Rights of foreign investorsThere is no distinction between the mining rights that may be acquired by a domestic or a foreign investor. A foreign investor can either use a Kazakhstan incorporated company (typically in the form of a limited liability partnership or a joint stock company), or a company incorporated outside Kazakhstan to hold subsurface use rights. There are no requirements of minimum state or domestic ownership of mining companies. 5. Protection of nationalsAll subsurface users must give preference to local personnel and finance the professional training and development of such local personnel. In addition all subsurface users must give preference to local producers, provided the goods and services comply with applicable standards. Generally a subsurface user will have its specific social obligations set out in its mining contract. 6. Government interest in the projectSubject to a few exemptions (e.g. for intra-group transfers) the state has a pre-emptive right where a subsurface user transfers its subsurface rights or direct or indirect ownership interest in a mining company to a third party. The state is entitled to acquire such rights/interests on terms no worse than those offered to other buyers. Transactions related to mining rights are subject to approval of MINT, which includes
goldpig1
14 Jun 2017
Re: I'm into something good at last. yer im in the same baot since they pulled out of algeria or wherever it was. only way to dump them it to buy a load hope it goes up a few point and then dump them.
Baffler
13 Jun 2017
Re: I'm into something good at last. I suggest that you either add another 980 or find a charity that takes such holdingsTry GoogleGood Luck
trickler
13 Jun 2017
Re: I'm into something good at last. I can't remember the history of this what with name changes and consolidation(s) etc.All I know is that I now hold 20 shares worth the princely sum of £2.45.Does anyone know how I can rid myself of these without incurring a dealers fee? - held in nominee account of coursetclr
Gold or Silver
13 Jun 2017
Re: I'm into something good at last. Yes there could be real good value here.Even at 6p .Good luck A
Baffler
09 Jun 2017
I'm into something good at last. Kemin (AIM: KEM), the molybdenum and tungsten exploration and development company with substantial interests in Kazakhstan, today announces its final results for the Year Ended 31 December 2016. Highlights -- Positive progress in the process of extension of the existing licences for both Drozhilovskoye and Smirnovskoye -- The value of the Drozhilovskoye and Smirnovskoye expected to be enhanced by the inclusion of copper and lithium resources -- Continued financing support for the Company from Amrita Investments Limited, a vehicle owned by the Company's majority shareholders -- Attributable loss of GBP432,000 (2015: GBP1,101,000) in the year The accounts for the year ended 31 December 2016 will shortly be available at the Company's website, www.keminresources.com, in accordance with AIM Rule 20. The Annual General Meeting of the Company will be held at 28 Eccleston Square, London, SW1V 1NZ on Friday 30 June 2017 at 10
0am. Commenting on the results, Sanzhar Assaubayev, the CEO of Kemin, said: "The Company is in the latter stages of receiving approval for the extension of its exploration licences. Once the licences are granted, which is expected in Q3 2017, the Company will continue with its exploration programmes, with a view to moving to production in the future." For further information, please visit [link] or contact:
