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Ironbark Zinc
Ironbark Zinc Limited is an Australian Securities Exchange listed (ASX: IBG) mineral resources company focused on the development of the Citronen mine Zinc Project in Greenland. History The Ironbark company listed on the ASX in August 2006 as Ironbark Gold and in March 2007 acquired the Citronen Project. To reflect its core focus on zinc and the Citronen Project, the company changed its name to Ironbark Zinc in November 2009. Ironbark's goal is to develop the Citronen Project into a major base metal mining operation in Greenland. The project hosts in excess of 10 billion pounds of zinc and lead, and has a JORC-compliant Resource of 55.8 million tonnes at 6.1% zinc and lead. In 2013, Ironbark completed a Definitive Feasibility Study which confirmed the Citronen Project's development potential and in October 2014, the company submitted a Mining License Application for the project. Ironbark has a non-binding Memorandum of Understanding with China Non-Ferrous Metal Industry's Fore ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Metals
A metal (from Greek μέταλλον ''métallon'', "mine, quarry, metal") is a material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. Metals are typically ductile (can be drawn into wires) and malleable (they can be hammered into thin sheets). These properties are the result of the ''metallic bond'' between the atoms or molecules of the metal. A metal may be a chemical element such as iron; an alloy such as stainless steel; or a molecular compound such as polymeric sulfur nitride. In physics, a metal is generally regarded as any substance capable of conducting electricity at a temperature of absolute zero. Many elements and compounds that are not normally classified as metals become metallic under high pressures. For example, the nonmetal iodine gradually becomes a metal at a pressure of between 40 and 170 thousand times atmospheric pressure. Equally, some materials regarded as metals c ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Zinc
Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn2+ and Mg2+ ions are of similar size.The elements are from different metal groups. See periodic table. Zinc is the 24th most abundant element in Earth's crust and has five stable isotopes. The most common zinc ore is sphalerite (zinc blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity ( electrowinning). Zinc is an essential trace element for humans, animals, plants and for microorganisms and is necessary for prenatal and postnatal development. It ...
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Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ...
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Citronen Mine
The Citronen mine is one of the largest potential lead and zinc mines in Greenland. The mine is located in Citronen Fjord, Northern Greenland. The mine has reserves amounting to 100 million tonnes of ore grading 2% lead and 3% zinc. The mine is currently being developed by mineral resources company, Ironbark Zinc. The company has a nonbinding agreement with the China Nonferrous Metal Mining Group to finance and construct the mine. In 2020, Ironbark Zinc executed a letter of interest for a financing loan from the Export–Import Bank of the United States The Export–Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the United States federal government. Operating as a wholly owned federal government corporation, the bank "assists in financing and facilitating ... to develop the project. Initially planning to source financing from both China and the West, the company decided against sourcing from China Nonferrous due to geopolitical factors. ...
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Greenland
Greenland ( kl, Kalaallit Nunaat, ; da, Grønland, ) is an island country in North America that is part of the Kingdom of Denmark. It is located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is the world's largest island. It is one of three constituent countries that form the Kingdom of Denmark, along with Denmark and the Faroe Islands; the citizens of these countries are all citizens of Denmark and the European Union. Greenland's capital is Nuuk. Though a part of the continent of North America, Greenland has been politically and culturally associated with Europe (specifically Norway and Denmark, the colonial powers) for more than a millennium, beginning in 986.The Fate of Greenland's Vikings
, by Dale Mackenzie Brown, ''Archaeological Institute of America'', ...
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Glencore
Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. , it ranked tenth in the Fortune Global 500 list of the world's largest companies. In the 2020 Forbes Global 2000, Glencore International was ranked as the 484th-largest public company in the world. As of July 2022, it is the world's largest commodity trader. As Glencore International, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities trading company, with a 2010 global market share of 60% in internationally tradable zinc, 50% in internationally tradable copper, 9% in the internationally tradable grain market and 3% in the internationally ...
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Nyrstar
Nyrstar is a global multi-metals business, with a market leading position in zinc and lead and growing positions in other base and precious metals, such as copper, gold and silver. Nyrstar has mining and smelting operations located in Europe, North America and Australia. Nyrstar was created in 2007 by combining the zinc smelting and alloying operations of Zinifex (an Australian mining company, now merged with Oxiana Limited to form OZ Minerals) and Umicore (a Belgian materials technology company). It is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels. Nyrstar was acquired by Trafigura in 2019. Operations Nyrstar has 4 mining operations located in North America. Nyrstar has 6 smelters (in Australia, Belgium, France, Netherlands, and the United States) and 1 fumer in Norway. Trafigura Trafigura Group Pte. Ltd. is a Singaporean-based Swiss multinational commodity trading company founded in 1993 that trades in base meta ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Washington Land
Washington Land is a peninsula in northwestern Greenland. It is a part of the Avannaata municipality. Washington Land was explored in the 19th century. Traditionally it was one of the hunting grounds of the Inuit, but there are archaeological remains of more permanent human habitation in ancient times. Geography Washington Land is located to the west of Daugaard-Jensen Land, between the Kane Basin in the west and northwest and Peabody Bay in the south. Crozier Island, Franklin Island and Hans Island are located off Lafayette Bay in its NW shore. The Cass Fjord forms the peninsula's southeastern coastline, across which is the Humboldt Glacier and beyond it Inglefield Land. The Aleqatsiaq Fjord forms the limit of its northern shore. Cape Jackson is Washington Land's south-westernmost headland and protrudes at the junction of the Kennedy Channel and the Kane Basin.''Prostar Sailing Directions 2005 Greenland and Iceland Enroute,'' p. 92 The northernmost headland is Cape Bryan.''P ...
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Cass Fjord
Cass Fjord is a fjord in northern Greenland. To the southwest, the fjord opens into the Kane Basin of the Nares Strait. Geography The Cass Fjord opens to the SW at the northern end of Peabody Bay, north of Cape Clay. Cass Fjord forms Washington Land's southeastern coastline and the facing shore is part of Daugaard-Jensen Land.GoogleEarth The Washington Land shore is fringed by high cliffs, known as ''Poulsens Klint''.''Prostar Sailing Directions 2005 Greenland and Iceland Enroute,'' p. 92 See also *List of fjords of Greenland This is a list of the most important fjords of Greenland:In Northern Greenland, a large area made up entirely of fjords; therefore Peary Land above not a fjord but a fjord area.In Northeastern Greenland, a large area made up entirely of fjo ... * Cass Fjord Formation References External linksStratigraphy of the Cass Fjord Formation (Middle and Upper Cambrian), North Greenland Fjords of Greenland {{Greenland-fjord-stub ...
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