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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:
- 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.
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