Articles Tagged "Gippsland"

Gippsland raises A$3.2m to advance Abu Dabbab Tantalum Project

Gippsland (ASX: GIP, FRA: GIX) reports firm commitments from clients of Patersons Securities Ltd for the placement of 80 million fully paid ordinary shares at $0.04 per share to raise $3.2 million. The proceeds will be used to progress its flagship 44.5 million tonne Abu Dabbab Tantalum-Tin-Feldspar Project in Egypt and for working capital. For complete news [...]

Gippsland Resigns From Tantalum Group – TIC

Gippsland Ltd (ASX:GIP, FRA:GIX) reports it has resigned from TIC with immediate effect. Since January 9, more than nine(9) prominent companies involved in the tantalum industry have resigned from the TIC. For complete news release, click here. For Gippsland’s company profile, click here.

Gippsland: Heemskirk Tin Project Drilling Update

Gippsland Limited (ASX:GIP) reports an update on the drilling at the Heemskirk tin project located north of Zeehan on Tasmania’s west coast. Drilling at the near surface Queen Hill deposit has confirmed continuity of high grade tin mineralization over potentially mineable widths. For complete news release, click here. For Gippsland’s company profile & projects, click here.

Gippsland Releases Fourth Quarter Report

Gippsland Ltd (ASX:GIP, FRA:GIX) reports its activities from April- June 2010 with details of its projects. The long predicted shortage in the global tantalum supply supply and the passing of the US Conflict Minerals Bill are now having dramatic effect on the international tantalum market, with the spot price increasing from US$38 per pound in [...]

Gippsland: Granting Of Large Eritrean Tenements

    Gippsland Limited (ASX:GIP, FRA:GIX) reports granting of  licenses for its Adobha region of  The State of Eritrea.   The large Exploration license covers the Company’s three existing prospecting licenses granted during the September  plus a number of other Prospecting license area which were previously in the application stage. For complete news release(PDF format), [...]

Gippsland: Tantalum Project & Market Update

Gippsland Ltd (ASX:GIP, FRA:GIX) reports a market and the Abu Dabbab tantalum project update.   Gippsland has an Offtake Agreement with the German tantalum refiner HC Starck GmbH, whereby HC  Stark has contracted to purchase 600,000 pounds a year of Abu Dabbab tantalum (in the form of tanalum peantoxide for a period of 10 years. [...]

Gippsland to obtain Canadian resource estimates for tantalum deposits

Gippsland Limited (ASX: GIP, FRA: GIX) reports that it has began an independent geological consultant to prepare a Mineral Resources and Ore Reserves Report to its Abu Dabbab and Nuweibi tantalum deposits, Egypt. While the Australian JORC Code classification is accepted worldwide, the North American market is in general more familiar with, and tends to rely more [...]