www.gippslandltd.com
Gippsland Limited is an Australian based international resource company listed on the Australian Stock Exchange.
Gippsland focuses on world-scale projects which have been over-looked by major resource groups. Projects which have undergone detailed exploration and which have the potential to be brought into production quickly are a prime target for the Company. Gippsland's success in this area is due in part to the Company's philosophy of entering into equitable joint venture arrangements with overseas nationals.
The Company's prime assets are the 40 million tonne Abu Dabbab and the 98 million tonne Nuweibi tantalum-tin projects located in the Central Eastern Desert of Egypt, adjacent to the western shore of the Red Sea.
An Environmental Impact Assessment (EIA) completed to World Bank standards has been approved by the Egyptian Environmental Affairs Agency. A Bankable Feasibility Study undertaken by Lycopodium Engineering Ltd determined that the Abu Dabbab project has the potential to become a major tantalum supplier to the steadily expanding global tantalum industry. The Lycopodium BFS indicated that the project will produce in excess of 650,000 pounds of tantalum pentoxide per year over a likely mine-life of 20 years. The Company has executed an offtake agreement with the tantalum major HC Starck GmbH of Germany for the sale of 600,000 pounds of tantalum pentoxide per year for a 10 year period.
News
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08/10/10
Gippsland responds to ASX share price and volume query -
29/09/10
Gippsland trading halt extended pending capital raising -
28/07/10
Gippsland continuing tantalum offtake negotiations with HC Starck -
19/04/10
Gippsland reports Stellar Resources to drill Heemskirk tin deposit -
28/01/10
Gippsland still sees tantalum shortage by 2011, expects offtake agreements for Abu-Dabbab project so -
06/01/10
Gippsland announces encouraging results from geochemical survey in Eritrea
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