Tom Luxsox Coins

Nickle Canadian

Cuban Mining Explored

Cuba has a history of mining extending over a period of three hundred years. During the period 1900 to 2002, mining was a permanent activity, and during WWII the mining of manganese, some copper, and nickel was most important. The nickel resource comes from extensive laterite deposits that are considered among the largest reserves in the world, ranking alongside Canada, Russia, Australia and New Caledonia. Cuba is also an important nickel and cobalt producer, ranking sixth in the world in terms of nickel and accounting for 8% of the world's cobalt production. Cuban mineral production is largely state controlled, although the government has made steps to amend the mineral laws and legislation, which will hopefully change the industry's structure. In 1993, Geominera was formed as a private company utilizing state funds. Geominera focuses on gold and base metal exploration, whilst foreign investors are currently developing nickel/cobalt and gold resources.  

Cobalt

In 2006, production of cobalt (including ammonical liquor precipitate, oxide and sulfide) increased to 4,300 tonnes compared to 4,055 tonnes in 2004 and 3,982 tonnes in 2003.  

Silver

Holmer Silver (a private Canadian company that used to be listed on the Alberta Stock Exchange) has been working for several years on plans for its Loma Hierro Silver Project. Holmer holds a 50% interest in Plata Cuba S.A. (which holds Loma Hierro) while Geominera S.A. (the state mining enterprise) holds the remaining 50%. The Loma Hierro silver laterite deposit is located in the Pinar del Rio Mining camp in western Cuba. The probable reserves are 550,000 tons grading 10 oz of silver per ton, and exploration indicates potential to increase these reserves. According to the company there are approximately 10 million oz in situ, with the resource distributed in eight separate deposits over a one square kilometer area. Rescan Engineering Ltd, a member of the Hatch Group, completed a bankable feasibility study in 1999. The deposit is amenable to open-pit mining and preliminary metallurgical tests indicate that the ore can be readily treated with excellent recoveries. In January 2008, RJK Explorations Ltd. (RJX.v) announced that it has entered into discussions with Holmer Silver Co. with a view to pursuing opportunities jointly in Cuba, but nothing has transpired since that time as far as we can tell.  

Gold

Holmer (again in league with Geominera) has been exploring for gold on their Dora Francisco concession in Pinar del Rio. This property, which surrounds the Loma Hierro concession, includes two former copper-zinc producers with remaining reserves and several significant showings of silver and gold. A state-owned enterprise was mining for gold at the Castellanos gold mine in the early 1980s with annual production being about reported as 17,600 ozs. There is also the Delita gold deposit in Isla de la Juventud, which was being studied for possible open-pit and underground operations; the estimated resource at Delita was about 1.5 million oz with high proportions of antimony and arsenic.

Copper

The Matahambre and the Mina Grande El Cobre copper mines remained closed during the year. Geominera, Miramar Mining Corp., and Northern Orion Resources owned the Mantua copper project for a long time. In September 2002, Northern Orion announced that it had entered into an agreement with Newport Exploration Ltd. whereby Newport could acquire an undivided 50% interest in the Mantua Copper Project in Cuba from Northern Orion. However, negotiations dragged on and the deal fell through in May 2004. The Mantua mine produced 15,000 oz of gold in 1999. A substantial copper resource has been identified beneath the current Mantua ore body. Production at the Mantua mine began 1998, and the mine has proven probable reserves (December 1998) containing 320,000 t grading at 2.2 g/t gold. The copper reserves have been estimated at 7.5 Mt grading at 2.74% copper. Both mines are located west of Havana in the Pinar del Rio province in western Cuba.   

Nickel

If Cuba is renowned for any particular metal, it is nickel. Unrefined nickel plus cobalt are Cuba's largest exports, generating around $2USD billion in revenue last year. Cuban nickel is considered to be Class II, with an average 90% nickel content. The ore is processed on the island in two formerly U.S.-owned plants at Nicaro and Moa Bay. Plants are also located at Punta Gorda and Las Camariocas. Holguín Province, where the Moa Bay mines are located, is estimated to contain 34% of the world's known reserves of nickel, or some 800 million tons of proven nickel plus cobalt reserves, and another 2.2 billion tons of probable reserves. The Moa Bay mines were once the property of Freeport in its pre-McMoran manifestation. They were initially started up during Wolrd War II and largely paid for by the U.S. government. Of the $119USD million in capital of the Moa Bay Nickel Company, some $100 million had come from the U.S. government and the rest from Freeport. The processing plant was closed down in 1947. The whole nature of the Cuba/U.S. nickel industry evolution was strange and noncommercial to say the least. It is well worth reading up on for anyone who wants to put the controversies in perspective.

Iron Ore

We might mention in conclusion the iron ore resources of Cuba. These have been viewed as very substantial in the past. There were a variety of companies at the beginning of the 20th century exploiting the Mayari and Diaquiri deposits of "brown" iron ore. One estimate at the time put the size of the Mayari deposit at 600 million tonnes of 46% iron. The Spanish-American Iron Company, a subsidiary of Pennsylvania Steel Company, exploited the biggest mines. Interestingly at that time, "mayari" steel was almost a brand name due to its natural alloy properties emanating from the mineral mix that contained 0.2% to 0.7% chrome and 1% to 1.5% nickel. The Cuban ore was also low in phosphorus. As far as we can work out there is no exploitation of iron ore in Cuba at the moment.  

In writing this article our main goal has been to highlight that an opening of the Cuban economy could be in everybody's interests. Believe it or not, even the old oligarchs camped out in Miami and parts thereabouts would have an innate advantage in the land-rush back into Cuba. That they may not get back the toys they accumulated under the corrupt Batista regime is neither here nor there, for they don't have them currently so the difference is merely academic. For "lesser" Cuban émigrés there is the prospect of their relatives left behind getting some economic enhancement and greater social and commercial interchange.  

For mining companies the opening of Cuba offers the potential to bring a vast nickel resource into reach of the majors. The same holds for the other minerals on the island. The potential for this sector to experience a major expansion in Cuba is significant.  

Who stands to lose out? Well, if Cuba becomes "just any other" LatAm (or should we say Caribbean?) country, then the class of intermediary/pundit/lobbyist/agitators who have serially wheedled their way into the halls of power supposedly to free the Cuban populace from its oppression and instead having remade U.S. policy towards the continent in their own shape will be sent packing to the obscurity they deserve. Rack our brains as we might, we fail to see anybody else who would be worse off from an opening of the Cuban economy, with 11 million Cubans and a flock of the more enterprising émigrés being the ultimate winners.

About the Author

Christopher Ecclestone - Portfolio Manager: since 2003 has been a principal at Hallgarten & Company where he has had the roles of equity strategist, analyst and asset manager. Prior to that he was the head of research at an economic think-tank in New Jersey which he had joined in 2001. He was the head of research at the esteemed Argentine equity research house, Buenos Aires Trust Company, from 1991 until 2001. This latter firm pioneered in-depth locally-generated investment analysis in this hitherto undiscovered market. The reputation of the firm spread through fund management circles and the firm became allied with Banamex, the leading bank in Latin America in 1993 and eventually Buenos Aires Trust Co formed an alliance with Interacciones Global in 1994. As part of the IGI structure he assembled the London sales team of the firm and built up the analytical team in Peru, Chile and Brazil. By 1997, IGI was the leading independent broking firm serving institutions investing Latin America. Prior to his arrival in Argentina, he worked in London beginning in 1985 as a corporate finance and equities analyst and later as a freelance consultant on the restructuring of the securities industry. He is a native of Melbourne, Australia. He graduated in 1981 from the Royal Melbourne Institute of Technology and is fluent in English and Spanish. Most recently he has been engaged on behalf of Hallgarten in conducting due diligence and deal sourcing for two mining investment bank boutiques in New York. www.alternativelatininvestor.com

Cookin' At The Plugged Nickle $4.99 Cookin' At The Plugged Nickle

Sonny Nickle $106.74 High Quality Content by WIKIPEDIA articles Sonny Nickle (born 4 May 1969 in Leeds, Yorkshire) is an English former rugby league footballer of the 1980s, 90s and 2000s. He played for Hunslet, St Helens, Bradford Bulls, Sheffield Eagles, Leigh Centurions. He played in the secondrow and as a prop. He was part of the package put together by St. Helens to bring Paul Newlove to the club from the Bradford Bulls. Sonny Nickle was an athletic forward who was a powerful runner. He enjoyed the distinction of representing Great Britain on six occasions. Sonny has three brothers. Percy Nickle, Reanel Nickle and Vincent Nickle who is the oldest of the four. Sonny is the youngest. Author: Surhone, Lambert M./ Tennoe, Mariam T./ Henssonow, Susan F. Binding Type: Paperback Number of Pages: 152 Publication Date: 2010/11/18 Language: English Dimensions: 6.00 x 9.02 x 0.35 inches

Tesseracts: Strange Canadian Stories $18.07 This unique collection of short stories features the work of some of Canada's finest speculative fiction writers. Included in this collection are short stories and poems by: Michelle Barker, Tony Burgess, Suzanne Church, David Clink, Michael Colangelo, Margaret Curelas, Susan Forest, L.L. Hannett, Brent Hayward, Patrick Johanneson, Sandra Kasturi, Claude Lalumiere, Michael Lorenson, Catherine MacLeod, Matthew Moore, David Nickle, John Park, Jonathan Saville, Robert J. Sawyer, Daniel Sernine, Leah Silverman, Jerome Stueart and Jon Martin Watts.

Dresser with Silver Nickle Knobs in Medium Cherry Finish $714.15 Dresser with Silver Nickle Knobs in Medium Cherry Finish

LP Drum Set Timbale 4X12 Black Nickle $93.99 LP Drum Set Timbale 4X12 Black Nickle

LP Drum Set Timbale 4X13 Black Nickle $99.99 LP Drum Set Timbale 4X13 Black Nickle

Lp Drum Set Timbale 4X13 Black Nickle $99.99 LP Drum Set Timbale 4X13 Black Nickle

Lp Drum Set Timbale 4X12 Black Nickle $93.99 LP Drum Set Timbale 4X12 Black Nickle

Eutopia By Nickle, David $20.03 Author: Nickle, David Subtitle: A Novel of Terrible Optimism Publication Date: 2011/05/03 Number of Pages: 320 Binding Type: Paperback Language: English Depth: 1.00 Width: 6.00 Height: 9.00

Tesseracts Twelve: New Novellas of Canadian Fantastic Fiction $19.13 Tesseracts Twelve is unlike any other volume in this critically acclaimed series showcasing the best in Canadian speculative fiction. For the first time in its distinguished history, Tesseracts focuses on novellas, the form believed by many to be the best expression of fantastic and speculative storytelling. In Tesseracts Twelve, the series' most ambitious volume to date, celebrated writer, anthologist, and critic Claude LalumiA]re has gathered seven brand-new novellas from some of Canada's finest writers of fantastic fiction. Follow these daring, imaginative, and entertaining writers into new worlds of wonder, with an outlook that is both Canadian and global. Cavemen and woolly mammoths invade Yukon Mythological creatures cause havoc in ancient feudal Japan Women with power over love and death stalk the streets of Montreal A modern Scheherazade seeks to understand love in a Toronto suffused with magic and fable A small town in Alberta is rife with pagan rituals Superheroes tackle Korean politics, maniacal supervillains, and corporate downsizing As the world faces environmental collapse, reality-TV adventurers battle giant beasts from the ocean depths Tesseracts Twelve features all-new exciting and imaginative work by: E.L. Chen, Randy McCharles, Derryl Murphy, David Nickle, Gord Sellar, Grace Seybold, and Michael Skeet & Jill Snider Lum; and introduction by Brett Alexander Savory.

Canadian Tenors $156.25 Canadian Tenors

Canadian Goose $6 Canadian Goose

Canadian Beauty $6 Canadian Beauty

Canadian Bacon $5.99 Canadian Bacon

Canadian (Can) $22.99 Canadian (Can)

NICKLE BRUSHED kitchen taps brass brand new $66.32 nickle finishing kitchen faucet material:brass ,brande new, 5 years warranty

Zadro Lighted Pedestal Surround (7x) Satin Nickle Mirror Model MSA47 $120.9 Zadro Lighted Pedestal Surround (7x) Satin Nickle Mirror Model MSA47

Storage Chest with Silver Nickle Knobs in Medium Cherry Finish $647.1 Storage Chest with Silver Nickle Knobs in Medium Cherry Finish

Tri-Tronics / Collar Strap Red / Square Buckle / Nickle Hardware / 1244605 $22.07 Tri-Tronics - Collar Strap Red / Square Buckle / Nickle Hardware - 1244605

Tri-Tronics / Collar Strap Blue / Square Buckle / Nickle Hardware / 1244606 $22.07 Tri-Tronics - Collar Strap Blue / Square Buckle / Nickle Hardware - 1244606

Tri-Tronics / Collar Strap Green / Square Buckle / Nickle Hardware / 1244601 $22.07 Tri-Tronics - Collar Strap Green / Square Buckle / Nickle Hardware - 1244601

Tri-Tronics / Collar StrapYellow / Square Buckle / Nickle Hardware / 1244602 $22.07 Tri-Tronics - Collar StrapYellow / Square Buckle / Nickle Hardware - 1244602

Tri-Tronics / Collar Strap Orange / Square Buckle / Nickle Hardware / 1244603 $22.07 Tri-Tronics - Collar Strap Orange / Square Buckle / Nickle Hardware - 1244603

Tri-Tronics / Collar Strap Black / Square Buckle / Nickle Hardware / 1244604 $22.07 Tri-Tronics - Collar Strap Black / Square Buckle / Nickle Hardware - 1244604

Kurt Nickle-Dickle of Whiskers $18.38 A fantastical journey for all ages. If you love the fantasy/adventure books of George MacDonald who said, "I do not write for children, but for the childlike, whether of five or fifty, or seventy-five," you'll love Kurt Nickle-Dickle of Whiskers. Discover the secrets that lay locked away in a strange, enchanted land, where whiskered ones and sunbeams hide. A storm is brewing.It was on just such a day, years earlier, that Kurt Nickle-Dickle's father disappeared... All nine-year-old Kurt has in mind for this late-summer morning is fishing, even if it means disobeying his mother's order to stay inside. "I can't bear to lose you too," she says. Kurt, too, has heard Grandfather's wild tales of watchity widgits, kratchits and kridgits, but he's convinced they're just the ramblings of an imaginative old man. As Kurt and his dog, Charlie, head to the lake, he has no way of knowing the enchantment has already begun. The Gathering Gloom waits to call the Troll from his tomb-to pour evil and darkness upon the Land of Whiskers. Only Kurt, using the mysterious silver key he wears as part of an ancient and surprising Legacy, can unravel the answers to the cryptic message: Locked within the Cornerstone, Words to lead from here to there. Answers you must find alone, The who, the what, the why, the where. The life of all creatures in the Land hangs in the balance.

Canadian Lynx $49.99 Canadian Lynx - Giclee Print

Canadian Pacific $59.99 Canadian Pacific - Wall Decal

Canadian Hunter $39.99 Canadian Hunter - Giclee Print

Canadian Rockies $14.99 Canadian Rockies - Premium Poster

Canadian Street $24.99 Canadian Street - Photographic Print

Canadian Town $24.99 Canadian Town - Photographic Print

Canadian Soldiers $24.99 Canadian Soldiers - Photographic Print

The Canadian $18.98 Tired of fighting the bad guys, Bill decides to settle down and become a normal run-of-the-mill businessman, but it is not to be. Buying a near-bankrupt hotel with the intension of overhauling it, Bill discovers not only ghosts but also a body beneath the floor. Forced by circumstances, he again finds himself chasing the bad guys and solving more gold-robbery mysteries. A rough gang of thieves believe Bill has taken their gold and they are prepared to play very rough to get it back. As if it is not enough dealing with thieves, security companies and a dilapidated hotel, Bill discovers he is a father with even more responsibilities.

Insinkerator Satin Nickle Hot Water Dispenser HVIEWSNSS $528.01 Hot water dispenser. Includes stainless steel tank. Satin Nickle finish. 3 year warranty. Dispenses 60 cups per hour of 200? water. Length: 11.5. Width: 18.75. Height: 10

NICKLE BRUSHED PULL OUT KITCHEN FAUCET FREE SHIPPING $102.11 nickle finishing kitchen faucet material:brass ,brande new, 5 years warranty

The Canadian Crown and the Canadian Forces $132.24 The Canadian Crown and the Canadian Forces. Monarchy of Canada, Michaelle Jean, Alexander Cambridge, 1st Earl of Athlone, Queens Regulations and Orders for the Canadian Forces, Queens Personal Canadian Flag, Prince Arthur, Duke of Connaught and Strathearn, Prince Edward, Duke of Kent and Strathearn, Princess Louise Margaret of Prussia, Princess Patricias Canadian Light Infantry, Royal Canadian Mounted Police, Royal Military College of Canada, Royal Canadian Navy, Royal Canadian Air Force, Royal Roads Military College, Royal Military College Saint Jean, The Royal Regina Rifles, Canadian Forces, Canadian Air Force (1918 1920), Canadian Corps, Canadian Forces Maritime Command, Canadian Forces Air Command Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 240 Publication Date: 2010/07/27 Language: English Dimensions: 5.98 x 9.01 x 0.54 inches

Unidentified Canadian $79.99 Unidentified Canadian - Premium Photographic Print