Sunday, April 17, 2011

Quick Facts-Apella Resources Inc. - The Vanadium Leader

Quick Facts-Apella Resources Inc. - The Vanadium Leader

The decision of the Quebec court arises out of a staking rush over the prized Lac Dore claims in August, 2007. At that time Apella and another competing party sought to stake the same claims covering the Lac Dore deposit. In January, 2010, the MRNF issued a decision awarding nine claims to Apella and two claims to the competing party while refusing to award the remaining claims to either party. Apella appealed the decision of the MNRF and on February 23, 2011 the Honourable Francois Godbout, J.C.Q. awarded the sought after nine claims to Apella.

Patrick D O’Brien, ICD.D, Apella’s Chief Executive Officer commented “this is precisely the outcome we sought, nothing more, nothing less. Judge Francois Godbout, J.C.Q. made a just and appropriate decision which now allows Apella to expeditiously focus on the development of the Lac Dore. In concluding this lengthy multi-year process Apella has rightfully gained entitlement for its shareholders to the near entirety of the Lac Dore, notably, the world’s second largest vanadium deposit. Apella’s Board and Management wish to extend their sincere gratitude to all of the planners, stakers, geologists, legal advisors, and consultants; and especially our patient and devoted shareholders for standing by and supporting us through this long but achievable undertaking. Our goal has been achieved.”

Vanadium to revolutionise green energy

Vanadium to revolutionise green energy | International Mining
as relating to the 2010 Canadian Supreme Court Decision of Quebec Vs. Moses ,effecting vast lands in Northern Quebec, where a modern treaty with the Cree had to be negotiated. Chibougamau,Quebec.

By Marc Davis, www.BNWnews.ca The ‘Holy Grail’ of renewable energy - grid scale power storage - appears to be finally within reach. So is the ability to make electric cars far more practical or user-friendly. This is why the world’s most influential leaders, ranging from US President Obama to the Premier of China and even famed multi-billionaire Warren Buffet, are all heralding vanadium. Governments the world over are directing billions of dollars of grants into vanadium’s fast-emerging role in the electrification of society’s energy supplies. And major corporations are likewise investing in this ‘next big thing’ in the hopes of addressing global warming and society’s dependence on dwindling fossil fuel reserves.By way of explanation, a new generation of advanced green batteries is set to do everything from beefing up electric cars to providing uninterrupted solar and wind power to whole cities. That’s because of a crucial new battery ingredient, vanadium, which can cost-effectively supercharge batteries of any size, even ones so big they have to be housed in substations for large-scale power grid usage. Most significantly, vanadium-enhanced batteries can store prolific amounts of energy, which solves the major drawback of alternative energy. For instance, solar power currently cannot be harnessed for use when the sun doesn’t shine, and at night-time. Likewise, the electricity generated by wind turbines presently goes to waste when the wind stops blowing or when the wind speed is too high or too low.

The only limitation to this breakthrough battery technology is the scarcity of the planet’s economically viable vanadium deposits. So the world’s few primary vanadium producers will be pressed to their very limits in trying to satisfy a looming year-on-year exponential surge in demand for this increasingly invaluable 21st century metal. That’s great news for a tiny handful of mining companies around the world that control these limited mineral resources, according to Bill Radvak, CEO of American Vanadium Corp.

With extensive vanadium rich land holdings in Nevada, American Vanadium is developing what promises to be the only vanadium mine in the US. Not only is it expected to be a low-cost operation but the project’s location is also another major competitive advantage, according to Radvak. That’s because the world’s largest economy has to import the majority of its annual vanadium needs. “The US gets most of its domestic vanadium supplies by way of a byproduct of oil refining. But it’s expensive to extract,” Radvak says. “And the rest comes from such politically problematic jurisdictions as Russia, South Africa and China - all of which account for about 90% of the world’s reserves.”

He adds that North America’s automotive and battery manufacturing industries are very concerned about the possible disruption of long-term supplies when dealing with these overseas vanadium producers. Even President Obama has expressed serious concerns about supplies of strategic metals needed for green batteries.

Saturday, April 16, 2011

Event Details:TO OBA/ April 20,Wednesday,2011

Event DetailsThe Dodd-Frank Act as it Applies to Canadian Companies
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") was signed
into law on July 21, 2010. It makes important changes to the laws governing the disclosure
requirements applicable to U.S. and foreign reporting issuers. It primarily affects Canadian companies
listed on U.S. exchanges, but other Canadian businesses can be affected by the Dodd-Frank Act as
well. Among the miscellaneous disclosure provisions, there are specific provisions that deal with mine
safety, payments by resource extraction issuers and additional corporate governance and executive
compensation disclosure.Wednesday, April 20, 2011
Time: 8:00 AM
Location: OBA Conference Centre, 200-20 Toronto Street, Toronto


Proposed Amendments to NI 43-101-Standards of Disclosure for Mineral Projects - What Lawyers and Miners Need to Know
The proposed amendments to National Instrument 43-101 - Standards of Disclosure For Mineral
Projects (the "NI 43-101") are the first major changes to NI 43-101 proposed since its inception in
2001. The proposed changes are the result of nine years of regulatory experience, broad consultation
through focus groups and a public comment process. The adoption of the proposed amendments
would result in an amended and restated NI 43-101, including Companion Policy to NI 43-101-
Standards of Disclosure for Mineral Projects and Form 43-101F1 Technical Report. It is anticipated
that the changes will provide cost savings and efficiencies for mining companies without compromising
investor protection.
Wednesday, April 20, 2011
Time: 8:00 AM
Location: OBA Conference Centre, 200-20 Toronto Street, Toronto

Monday, April 4, 2011

Tax Havens: Bigger Than You Think, Closer to Home

Tax Havens: Bigger Than You Think, Closer to Home Than You Imagine | The Nation

By some estimates, the United States loses $100 billion every year to foreign tax havens, though Shaxson emphasizes that most people still don’t really grasp the enormity of the problem. When they hear the term “tax havens,” many people envision a handful of billionaires sunning themselves on a remote beach somewhere, martinis in hands. The real problem is actually much larger and closer to home.

There now exists an entire parallel network of business conducted by huge corporations that actually mirrors the behavior of international crime organizations. Over half the world trade is now routed through tax havens. “You have this zone where you have big corporations and criminals rubbing shoulders with each other,” says Shaxson. This system has a double effect, he explains. First, it creates incentives to break the law at a corporate level, but it is also “going to provide huge political cover for the criminals themselves when you get the corporations protecting the tax havens and protecting secrecy.”

And this isn’t just happening on sandy beaches, he explains. “The biggest tax havens are big, rich countries, particularly the United States, the United Kingdom, Switzerland—of course, the Cayman Islands is very big too—but also countries like Ireland and Luxembourg, Luxembourg is absolutely huge. Very few people talk about it when they’re thinking about tax havenry.”