Ivanhoe Mines, Wellgreen Platinum and North American Palladium are among the companies in the platinum-group metals space that will be attending PDAC.
China’s removal of its export tax on magnesium may be good news for some customers — such as car makers looking to improve fuel efficiency — but it has thrown the economic viability of Gossan Resources’ magnesium project into question.
Gossan Resources Limited (TSXV:GSS,FWB:GSR) reported that Dr. Zuliani, developer of a high efficiency magnesium production process called the Zuliani Process, has rejected the Company’s offer pertaining to ongoing development and commercialization.
China has dropped its export tax on magnesium, spurring optimism that demand from car makers, the consumer electronics industry and steelmakers will increase. Such demand could in turn push producers of the metal to ramp up production.
Magnesium has been an essential component in making cars lighter for nearly a hundred years. Now General Motors is patenting a new process that will make it an alternative to parts previously made with heavier metals like aluminum, titanium and steel. The result will be a significant reduction in fuel
China holds the top position in the global magnesium market, but its dominance is being challenged by Canadian juniors like Gossan Resources and West High Yield Resources.
Technical Advisor to Gossan Resources Limited’s (TSXV:GSS,FWB:GSR), Dr. Zuliani, will be delivering a keynote paper at the 9th International Conference on Magnesium Alloys and Their Applications being held July 8-12, 2012 in Vancouver, BC.
Gossan Resources Limited(TSXV:GSS) announced that it will be presenting a paper at the Global Automotive Lightweight Materials 2012 Conference. Dr.Zuliani will be presenting the paper entitled “Making Magnesium A More Cost & Environmentally Competitive Lightweighting Option”.
Gossan Resources Limited(TSXV:GSS) announced that the latest research results from Process Research ORTECH show that the Zuliani process can achieve reduced green house gas emissions.
Gossan Resources Limited (TSXV:GSS) announced Stillwater Canada Inc. is resigning as manager and withdrawing from its joint venture agreement regarding the Bird River property.
Gossan Resources Limited (CVE:GSS) now has a controlling stake in its subsidiary company The Claims Network, and announced that it has received its first dividend. The article states: The payment was comprised of a regular dividend of $0.02 per TCN share and a special dividend of $0.06 per TCN share,
Gossan Resources Limited (CVE:GSS) receives an initial dividend from its subsidiary, The Claims Network Inc.
Gossan Resources Limited (CVE:GSS) completes a field program at the 3584-hectare Pipestone Vanadium Project at Cross Lake, about 150km south of Thompson, Manitoba.