Posts tagged “Glenn King”

Sculpted from experience, built for success. 
 
Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June 2020 gold ETFs added 104t, taking global holdings to all-time highs of 3,621t.  
 
''Gold is long considered a beneficial asset during periods of uncertainty.'' 
 
Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of nearly 12% per year since 1971. 
 
Over this period, gold's long-term return was comparable to stocks and higher than bonds. Source: World Gold Council. 
Sculpted from experience, built for success. 
 
NQ Minerals PLC has announced the acquisition of the high-grade and historic Beaconsfield Gold Mine in Tasmania, Australia. 
 
The mine has historic recorded production of about 1.8mln ounces of gold averaging around 15 grams per tonne and was closed in 2012 due to the low gold price at that time. 
 
NQ is looking to recommission the gold processing plant, which is currently under care and maintenance, and re-open the mine by developing a new modern mine decline access into the Beaconsfield Mine. 
Sculpted from experience, built for success. 
 
NQ Minerals Chairman David Lenigas joins DirectorsTalk to discuss the acquisition of the Beaconsfield Gold Mine in Tasmania. 
 
In 2015, the company listed in London based on a portfolio of historically proven gold & silver exploration assets in Northern Queensland. In 2017, NQ acquired the Hellyer Gold Mine in Tasmania and subsequent to proving a Reserve of over 8 million tonnes, commenced reprocessing of high-grade tailings. 
 
In 2018, NQ commenced production of lead, zinc & precious metal concentrates. Hellyer has now achieved commercial production, exceeding originally anticipated metallurgical performance. 
Sculpted from experience, built for success. 
 
ABC News Update 3rd June 2020 regarding NQ Minerals Plc Beaconsfield Gold Mine. 
 
NQ Minerals is an Australian-based mining company which commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. 
 
Hellyer has a published JORC compliant Mineral Resource estimated at 9.25 Mt which is host to Gold at 2.57 g/t Au for 764,300 oz Au, Silver at 92 g/t Ag for 27,360,300 oz Ag, Lead at 2.99% Pb for 276,600 tonnes and Zinc at 2.57% Zn for 217,400 tonnes. 
Sculpted from experience, built for success. 
 
At Oakmount, we aim to be on the cutting edge of technological advancements in business, investments & finance. 
 
We know that the industrial age is behind us as we enter ''The age of information.'' The question is: Do you? 
 
''Information is the most valuable commodity in the world today.'' So with our wealth of knowledge, you can.  
 
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with unlimited ROI potential, call our team today! 
 
''IGM's project represents potentially one of the largest gold discoveries of recent years.'' 
 
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Sculpted from experience, built for success. 
 
NQ Minerals PLC's David Lenigas speaks to Proactive London after unveiling a new resource statement for the Beaconsfield gold mine in Tasmania. 
 
Total resources rise to 1.454mln tonnes at a grade of 10.3 grams per tonnes (g/t), for 483,000 ounces gold. 
 
He describes Beaconsfield as a rich gold deposit. 
 
“The deposit is open at depth and there is significant potential to increase these resources with further drilling." 
Sculpted from experience, built for success. 
 
NQ Minerals is an Australian-based mining company which commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. 
 
Hellyer has a published JORC compliant Mineral Resource estimated at 9.25 Mt which is host to Gold at 2.57 g/t Au for 764,300 oz Au, Silver at 92 g/t Ag for 27,360,300 oz Ag, Lead at 2.99% Pb for 276,600 tonnes and Zinc at 2.57% Zn for 217,400 tonnes. 
 
In addition to these resources, the Hellyer assets include a large mill facility and full supporting infrastructure, including a direct rail line to port. 
 
“Beaconsfield is a rich gold deposit with genuine scale,” NQ Minerals' chairman David Lenigas said in a statement. 
 
The deposit is open at depth and there is significant potential to increase these resources with further drilling." 
 
NQ Minerals Beaconsfield JORC Gold resource has increased to 483,000 ounces of Gold worth $1.26 Billion with significant additional gold potential to be assessed. 
Sculpted from experience, built for success. 
 
At Oakmount, we undertake a strict due diligence process when it comes to the assessment of investment products. 
 
This process aims to identify the key risks associated with the investment and to develop a risk mitigation plan to protect the best interests of our customers. 
 
This process will determine whether or not our business or our investors will invest in a specific company. 
 
The due diligence involves asking and answering a series of questions to evaluate the business and legal aspects of the opportunity. 
Sculpted from experience, built for success. 
 
NQ Minerals PLC's David Lenigas speaks to Proactive London after reporting a significant expansion of resources at the Barnes Hill nickel project.  
 
The new resource now stands at 25mln tonnes, at 0.6% nickel and 0.05% cobalt, up from 14mln tonnes which he says now means the mine could supply a plant of the planned scale for well over 20 years. 
 
NQ Minerals is an Australian-based mining company which commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. 
Sculpted from experience, built for success. 
 
''The road to success has many tempting parking spaces.'' 
Fortunately, we do all the hard work so that you don't have to. 
 
Oakmount. Taking care of your financial health... 
 
“The secret of success in life is for a man to be ready for his opportunity when it comes.”  
 
“It is important that when we make a resolution or establish a goal, that we take the ACTION necessary to accomplish that goal.” 
 
''Create your financial freedom from where you stand.'' Glenn King. 
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