Vanadium Mining Resources Stocks and Current News Activities

By: Richard Mowat POSTED: 06/30/11 2:06 AM FILED AS: Companies, Investing, Stocks COMMENTS FEED: RSS 2.0; Vanadium Stocks Set to Supercharge the Renewable Energy Industry Vanadium resources will enjoy high...
By: POSTED: 06/30/11 2:06 AM
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Vanadium Stocks Set to Supercharge the Renewable Energy Industry

Vanadium resources will enjoy high demand during the upcoming decades, and as a result, the vanadium price will rise. Vanadium fuel cells are the latest trend in alternative energy storage, and many related industries expect to experience a burgeoning global need for this elemental metal.

Investing in vanadium has never been more attractive than at present, when the supply is relatively limited, yet the vanadium price is low with demand on the brink of explosive growth. While the open-market vanadium price remains reasonable, the price per share of vanadium stocks makes investing in vanadium invitingly economical. However, once the new breed of vanadium batteries go into mass production, the world vanadium price level will steadily rise.

Vanadium redox batteries utilize vanadium ions for rechargeable energy storage critical to renewable power systems. Research facilities worldwide are currently investing in vanadium battery research and development in order to meet upcoming worldwide demand.

With a virtually unlimited storage capacity and the ability to be recharged via simple electrolyte replacement, the vanadium battery’s value to emergent renewable energy technologies is likewise virtually unlimited, representing an attractive proposition for those investors purchasing vanadium stocks.

Investing in vanadium at the source, where mining corporations extract it from the ground and the average vanadium price is relatively low, equates to stepping aboard a ground-floor opportunity with unlimited potential for financial growth.

American Vanadium

American Vanadium TSX.V:AVCAmerican Vanadium is strategically positioned to become North America’s leading primary producer of vanadium. With its Nevada-based, Gibellini Project currently in development, American Vanadium plans to be in full production by 2013, with a projected output of 14 million pounds of vanadium annually, fully 5 percent of the present international demand for the elemental metal.
The latest available data projects that American Vanadium’s Gibellini Project will yield an estimated 122 million pounds of NI 43-101 compliant vanadium. The vanadium price will reflect the low cost of production at this site.

Projected pre-tax returns to the corporation on investing in vanadium extraction from Gibellini are an exceptionally high 40%, according to an April 2011 news release

Trading on the Toronto Stock Exchange (TSX) Venture Exchange as a tier-one company, American Vanadium stocks are represented by the symbol AVC. Valued as of June 29 at 1.365, Americans vanadium’s stock are maintaining a consistent vanadium price that falls within the year’s performance range of .47 to 1.37.

Argex Mining

Argex Mining TSX.V:RGXArgex Mining Inc. is a Canadian company with titanium-iron-vanadium resources. Argex’s La Blache deposits are located near Baie-Comeau, Quebec, while its Mouchalagane Iron Ore project is 300 kilometers to the north.

Exploratory drilling in the La Blache mine’s East Hervieux and West Hervieux sectors has identified deposits totaling approximately 79 million tonnes of minerals, with a composition of 48% Fe, 20.5%TiO2, .19% Cr and .36% V2O5.

Argex plans to add commercial plants in 10 modules, with construction of the first module planned to commence before the end of 2011. Using a proprietary technology for separating metals, the processing of ore from La Blache promises to be energy-saving and environmentally-friendly, making investing in vanadium an eco-conscious venture.

Argex CEO Michael Dehn stated in a March 2011 Resource Intelligence interview that the La Blache annual vanadium yield will approach 25 million pounds at a gross value of over $250 million per year at peak capacity, continuing for a span of at least 20 years. La Blache vanadium is chemical grade rather than steel grade.

Argex Mining Inc. trades on the TSX Venture Exchange under the symbol RGX. Trading at .385 as of June 29, the Argex stock vanadium price has been within the .24 to .92 range between June 2010 and June 2011. The corporation plans to be in full production by the second half of 2012.

Gossan Resources Limited

Gossan Resources TSX.V:GSSGossan Resources Limited, headquartered in Winnipeg, develops several Canadian mineral resources, including gold, platinum group metals, tantalum, lithium, chromium, titanium and vanadium. The company is currently developing its Pipestone Vanadium project, which it owns in partnership with Cross Lake Mineral Explorations Inc.

In November of 2010, Gossan Resources completed a preliminary field program at the site, located 150 kilometers south of Thompson, Manitoba. Findings suggest Pipestone contains non-compliant NI 43-101 resources of approximately 146 million tonnes consisting of 5.56% TiO2, 28.11% Fe2O3, and .22% vanadium pentoxide.

Trading as GSS on the TSX Venture Exchange, Gossan Resources vanadium stock is currently valued at .175, as of June 29, 2011, with the price span for the previous year falling within the .09 to .30 range.

Largo Resources Limited

Largo Resources TSX.V:LGOLargo Resources, a Canadian company that owns mineral resources in South America and Canada, currently is investing in vanadium resource development in Brazil. Its Maracas Project is touted as the world’s richest undeveloped vanadium resource, while the Campo Alegre De Lourdes location is a source of iron-titanium- vanadium.

Maracas, located in Bahia, 813 kilometers northeast of Brasilia, promises to be a high-production facility with a very low cost of operation. With 1.27% vanadium pentoxide that is NI 43-101 compliant, Maracas is expected to yield an annual average of 5,000 tonnes of FeV over a projected 23-year production plan.

Campo Alegre de Lourdes, also located in Bahia, is next in line for exploration, with initial work proposed for 2011-2012. Preliminary metallurgical evaluation conducted in the 1970s and 1980 indicated a resource composition of 50% Fe, 21% TiO2, and .75% V2O5.

According to CEO Mark Brennan in a June 29, 2011 press release, recent metallurgical results from the Campo Allegre project are encouraging, indicating a massive magnetite deposit that promises a high yield of magnetite iron ore, containing .8% vanadium.

Trading on the TXC Venture Exchange as LGO, Largo’s vanadium stock is holding steady as of June 29, 2011 at .37-.40 in an annual range of .15-.58.

Apella Resources Inc.

Apella Resources TSX.V:APAA Quebec-based corporation, Apella Resources Inc. specializes in investing in vanadium, titanium and iron development projects in its home province. Its Iron-T property, located just east of Matagami, Quebec, is an NI 43-101 compliant resource. On May 10, 2011, Apella Resources announced the completion of Phase 4 exploratory testing of Iron-T that indicates massive layers of magnetic oxide deposits suitable for open pit mining.

Previous drill test phases indicated resources of 11.63 million tons at a minimum. Additional text data announced in a June 3, 2011 press release identify a mineral composition of 27.30% Fe, 39.04% Fe2O3, 6.55% TiO2, .42% V2O5, and .77% V2O5Eq.

Trading as a Tier One company on the TXC Venture Exchange as APA, Apella Resources vanadium stocks averaged .145 on June 29, 2011, with a previous year value span between .11 and .35.

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Vanadium Mining Companies

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VanadiumSite.com offers insight into the world of vanadium, a metal that is becoming increasingly important for its role in new and more powerful types of batteries and strengthening steel up to 100%. The vanadium market is on the verge of eruption, and private, commercial and industrial investors need clear, precise and up-to-the-minute news and information about vanadium and vanadium redox batteries.