DLKM, Douglas Lake Minerals Inc., DLKM.OB
A total of 165,000 tonnes of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
The United Republic of Tanzania is a virtual treasure chest of untapped mineral resources.
Gold mining has dominated Tanzanian industry for more than a century. Tanzania is currently Africa's third largest gold producing country after South Africa and Ghana. The country remains relatively under-explored, however.
Beginning in April 1990, the Bank of Tanzania began buying gold at the world market price through commercial banks, paying miners in Tanzanian shillings calculated at the parallel-market rate for the US dollar rather than at the official rate.
DLKM is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania.
DLKM has made a strategic decision to focus exclusively on its two highly prospective gold properties – the recently purchased Handeni Gold Project and the Mkuvia Alluvial Gold Project. The 800 square kilometer Handeni property will be explored under the guidance of Dr. Reyno Scheepers and is located directly adjacent to Canaco Resources’ highly prospective Handeni Gold Project (TSX.V-CAN). The 380 square kilometer Mkuvia property is being developed by a joint-venture company run by DLKM's partner.
DLKM's 100% owned Handeni Gold Project surrounds three sides of and is located directly adjacent to the southwest, south, and southeast of Canaco Resources (CAN.V) Handeni Gold Trend which is now recognized as consisting of at least two, parallel gold trends with a combined strike length of over 15 kilometres.
Recently, DLKM has filed a Canadian National Instrument 43-101 Standards for Disclosure of Mineral Projects ("NI 43-101) Technical Report (the "Technical Report") for its Handeni Project. DLKM's 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 square kilometers in the newly developing goldfields of Eastern Tanzania. DLKM filed the Technical Report with the British Columbia Securities Commission via the System for Electronic Document Analysis and Retrieval (SEDAR).
The Technical Report details the results of exploration activities conducted by IPP Resources, the previous holding company of the area. Extensive geophysical and geologic work was conducted over several field seasons from 2008. The work included prospecting, rock and soil sampling, and a ground magnetic survey. All geochemical analytical work was conducted by internationally accredited labs, SGS Laboratories and/or Humac Laboratories in Mwanza, Tanzania.
The Handeni region has historically seen small-scale artisanal workings, which originally allowed explorers to focus on the Magambazi prospect. Today the region is recognized to be one of the prime exploration targets for gold mineralization in Tanzania.
The exploration also included a fixed-wing aeromagnetic and radiometric survey. The survey and interpretation was conducted according to internationally accepted standards by the Council for Geoscience, South Africa. The Technical Report identified and selected a total of 12 priority gold targets which are recommended for follow up work.
More about DLKM at www.douglaslakeminerals.com
AVOT, American Video Teleconferencing Corp., AVOT.PK
The 17 elements that are classified as "rare earth" are becoming an increasingly important part of our daily lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For example, there are nearly ten pounds of the rare earth element, lanthanum, in every Toyota Prius engine. In addition, rare earth elements are vital to military technology. Contrary to the name, rare earth metals aren't particularly rare and can be found in most any continent. In recent weeks the US government has made important steps to increase production of these metals, as they will play an important part in President Obama's overhaul of U.S. energy.
Rare-earth metals include terbium, which finds use in flat-panel TVs and high-efficiency fluorescent lamps, and neodymium, key to the permanent magnets in high-efficiency electric motors. Rare-earth metals are not indeed rare. The series of nonferrous metals is common in the environment. According to Design Chain Associates, most rare-earth metals are as common as copper, and even the rarest is more common than gold.
Part of the market pressure on rare-earth metals comes from new demands that green technologies has prompted. The market, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
China is the world's largest producer of rare earth elements, most of which are used in modern technology, such as new energy sources and hybrid cars. It announced in July that it will cut exports for minerals used to make hybrid cars and televisions by 72 percent in the second half of the year.
China has started to severely restrict the exports of rare-earth materials, which often find use in “green” technology designs, including hybrid vehicles and energy-efficient lighting, as well as in the medical, defense, and consumer markets. The country delivers nearly 100% of the world’s rare-earth materials: 17 metals that are somewhat hard to refine and that tend to occur in the same ore deposits. The cutbacks have resulted in shock waves through the electronics industry and could force design changes in the near future.
Constraints on Chinese exports are creating opportunities for non-Chinese projects
AVOT recently reported that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.
This property is only one of several advanced stage properties AVOT has under consideration in the province of Quebec.
Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. AVOT will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
Cypress Semiconductor Corporation (Nasdaq:CY) recently reported a significant manufacturing capacity expansion for its rapidly growing TrueTouch™ touchscreen controllers. Cypress’s Fab 4 in Bloomington, Minnesota and Grace Semiconductor Manufacturing Company, Cypress’s primary foundry partner, will triple 2011 capacity for the S8™ manufacturing process versus 2010 levels. The expansions are on schedule, with the first additional capacity expected to come on-line in Q1 2011, and full completion expected in Q3 2011. In addition to TrueTouch products, Cypress also manufactures its PSoC® 3 and PSoC 5, CapSense and NVSRAM products on the S8 process. Cypress's S8 process is based on 0.13-micron SONOS (Silicon Oxide Nitride Oxide Silicon) embedded nonvolatile memory technology.
Cypress Semiconductor Corporation operates as a semiconductor company in the United States and internationally. The company delivers various high-performance, mixed-signal, programmable solutions. Its products include programmable system-on-chip (PSoC) products, capacitive sensing and touchscreen solutions, universal serial bus (USB) controllers, wirelessUSB, CyFi low-power radio frequency, programmable clocks, and buffers.
Iconix Brand Group, Inc. (Nasdaq:ICON) recently reported that it has signed its first license agreement in India. Iconix has entered into a long-term Direct-to-Retail (DTR) license with Arvind Limited ("Arvind") for its Mossimo ® brand in India. Arvind, a multi-faceted wholesaler, retailer and distributer, will hold the exclusive multi-year license to manufacture and distribute Mossimo apparel and accessories throughout India. The Mossimo brand will be available in 170 stores in India, which are owned or franchised by Arvind. Arvind currently operates 170 stores with plans to grow to 500 stores by 2014. Mossimo is projected to launch in India during 2011.
Iconix Brand Group, Inc. operates as a brand management company that engages in licensing, marketing, and providing trend direction for a portfolio of owned consumer brands. The company owns 17 brands through its subsidiaries.
Websense, Inc. (Nasdaq:WBSN) recently reported that the management will host a conference call on February 1, 2011 at 2 p.m. Pacific Standard Time to review the company's fourth quarter 2010 financial results and discuss the outlook for 2011.
Websense, Inc. provides integrated Web, data, and email security solutions. The company offers Web filtering and security, data loss prevention (DLP), and email anti-spam and security solutions that protect organizations.
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