HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: China's Metal Demand
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China's Metal Demand

posted on Mar 03, 2009 07:49AM

For Brazil, news that China demand for metals was strong helped Brazil's major
mining and steel companies. Companhia Siderurgica Nacional, or CSN (SID) was
trading 1.93% higher to 29.65 Brazilian reals ($12.20) and iron ore exporter
Vale do Rio Doce (RIO) was trading 1% higher as the rest of the Ibovespa was
falling. However, once it became clear that the index was finding direction on
the downside, Vale shares began declining to BRL25.32 per share, barely holding
positive ground.

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