Globe Metals & Mining Limited

Published : November 06th, 2008

Busy Times at Globe Metals & Mining

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Globe has been very busy in the last few weeks, and we have made a number of important announcements:

Appointment of Marketing Advisers

Globe has appointed A & M Minerals as its exclusive marketing advisers in relation to its Kanyika Project in central Malawi.  A & M Minerals will provide the following services to Globe under the Marketing Agreement:

  • Periodic market intelligence and updates.
  • Introductions to prospective off-take customers for niobium raw materials from Kanyika.
  • Assistance with the sale of final product (e.g. sales into the spot market).

A & M Minerals are a leading trader of niobium products, and they will bring a great deal of expertise, market information and industry contacts to Globe as it moves into the marketing phase of the Kanyika Project.  Click here for the full announcement.

Niobium Prices and Demand Remain Strong in Face of Economic Maelstrom

Globe's Managing Director, Mr. Mark Sumich, has recently returned from Shanghai, China where he attended the TIC Conference (Tantalum-Niobium International Study Centre), being the annual industry gathering of member organisations (http://www.tanb.org/).

The dominant theme from the Conference was the overwhelming demand for niobium raw materials and end products, which shows no signs of abating in the foreseeable future, notwithstanding the global economic crisis.

Mr. Sumich said "we are enormously encouraged by the positive sentiment for niobium at the TIC Conference. Both prices and demand for all niobium products remain strong, and there was considerable interest in the niobium to be sourced from Globe's Kanyika Project in central Malawi."

Click here for the full announcement.

September Quarter 2008 Activities Report

Highlights from the September Quarter Report include:

  • $6m cash at bank
  • Pre-Feasibility Study commenced - Kanyika Project
  • Finalist, "Frontier Explorer of the Year" Award

In addition, infill and extensional drilling at Kanyika has been extremely successful, including:

  • KARC085  21m @ 10,339ppm Nb2O5, 530ppm Ta2O5, 366ppm U3O8 (from 64m)
  • incl. 3m @ 44,206ppm Nb2O5, 2,501ppm Ta2O5, 1,616ppm U3O8 (from 64m)
  • KADD009 17m @ 14,027ppm Nb2O5, 853ppm Ta2O5, 586ppm U3O8 (from 33m)
  • incl. 5m @ 21,981ppm Nb2O5, 997ppm Ta2O5, 775ppm U3O8 (from 33m)
  • & incl. 4m @ 21,708ppm Nb2O5, 1,757ppm Ta2O5, 895ppm U3O8 (from 46m)

Click here for the full announcement.

If you require further information, please contact the Company on +61 8 9486 1779.

.

Globe Metals & Mining Limited

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CODE : GBE.AX
ISIN : AU000000GBE0
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Globe Metals & Mining is a tantalum and uranium exploration company based in Australia.

Globe Metals & Mining develops tantalum, uranium and niobium in Malawi, and holds various exploration projects in Malawi.

Its main asset in development is KANYIKA in Malawi and its main exploration properties are LIVINGSTONIA and NTHALIRE in Malawi.

Globe Metals & Mining is listed in Australia. Its market capitalisation is AU$ 17.8 millions as of today (US$ 11.7 millions, € 10.9 millions).

Its stock quote reached its highest recent level on October 22, 2010 at AU$ 0.51, and its lowest recent point on March 20, 2020 at AU$ 0.01.

Globe Metals & Mining has 469 730 016 shares outstanding.

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Corporate Presentations of Globe Metals & Mining Limited
7/11/2008Market Update
6/30/2008Investor Presentation
Annual reports of Globe Metals & Mining Limited
=3A Annual Report to shareholders
2011 Annual Report
Nominations of Globe Metals & Mining Limited
10/10/2013=3A Globe appoints new Director to the Board
7/10/2013Globe Appoints the CEO as Managing Director
5/20/2013Globe Appoints New Chief Executive Officer
Project news of Globe Metals & Mining Limited
7/3/2013(Kanyika)ECE's exploration team has commenced work at Kanyika
5/14/2013(Kanyika)Kanyika Niobium Project Update - Marketing and Process Optim...
5/7/2013Globe Signs Binding MOU with Major Shareholder to Fund Explo...
7/4/2012Acquisition of advanced graphite asset in Malawi
6/7/2012Excellent further REE drill results - Mt Muambe
5/14/2012Company Insight - Globe's Mount Muambe Rare Earths-Flourite ...
1/30/2012Drilling extends fluorite zone at Mt Muambe Project
9/2/2009(Kanyika)Kanyika Niobium Project - 40+ Year Mine Life Potential
8/19/2009(Kanyika)US$10.6 million Joint Venture to fund Kanyika Bankable Feasi...
1/20/2009(Kanyika)Massive Niobium Intercept - Kanyika, Malawi
9/25/2008(Kanyika)Outstanding Niobium, Tantalum and Uranium Drill Results, Kan...
9/9/2008(Kanyika)Commencement of Pre-Feasibility Study – Kanyika Project, Mal...
7/31/2008(Livingstonia)More Uranium Confirmed at Livingstonia – Malawi
7/30/2008Livingstonia Drilling Results
Corporate news of Globe Metals & Mining Limited
2/1/2016Quarterly Cashflow Report
2/1/2016Quarterly Activities Report
1/25/2016Notice of General Meeting/Proxy Form
10/30/2015September Quarterly Activities Report
10/30/2015September Quarterly Cashflow Report
10/27/2015Response to ASX Price Query
10/6/20152015 Annual Financial Report
9/1/2015Agreement Executed over Katengeza Prospect
8/27/20152015 June Quarterly Cashflow Report
8/27/20152015 June Quarterly Activities Report
7/6/2015Kanyika Niobium Project Mining Lease Approved
2/2/2015December 2014 Quarterly Activities Report
2/2/2015Company Secretary Appointment
2/2/2015December 2014 Cash Flow Report
1/13/2015Change of Registered Office
9/16/2013=3A Funding Received
9/5/2013=3A Globe to raise A$11.5m with new investor
7/29/2013June Quarter 2013 Activities Report
4/22/2013Shareholder Newsletter April 2013
10/24/2012Investor Update October 2012
10/17/2012(Kanyika)Kanyika Niobium Project Excellent Infill Drill Results
10/10/2012Shareholder Newsletter
7/10/2012(Kanyika)China Development Bank =e2?? Financing for Kanyika Niobium P...
5/22/2012Corporate Restructure & Dual Listing
5/1/2012New flourite discoveries at Mount Muambe
4/26/2012Shareholder Newsletter - April 2012
3/14/2012Multiple REE zone in Mozambique/Obama criticises China over ...
1/25/2012Globe to undertake share buyback
1/20/2012(Kanyika)Kanyika EPL renewed for a further two years
12/14/2011Shareholder Update December 2011
8/19/2011and Mining - Shareholder Update
7/2/2009Commences Discussions with Potential Chinese Off-take Partne...
1/27/2009December Quarter Activities Report
11/6/2008Busy Times at Globe Metals & Mining
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