Plus you can add all the others and you will see our JORC will...

Plus you can add all the others and you will see our JORC will be around 150 billion, without the Niobium, Tantalum and Phosphate and all that and we have only drilled down to 180 metres.

News just in on the climate deal can only be massive for rare earths,


CLIMATE Change Minister Greg Combet has praised the outcome of the United Nations Climate Change Conference in Duban as a significant breakthrough in tackling global warming.

The conference has agreed to begin negotiations on a new accord which would put all nations under the same legal regime.

Representatives of 194 countries agreed to move towards a new agreement to replace the existing Kyoto Protocol.

Mr Combet said the outcomes in the South African city are good news for the environment.

"They set the world on a path of long-term action to tackle climate change through a regime with wide global coverage and strong environmental effectiveness," he said.

"They will complement Australia's carbon price mechanism by boosting confidence in global mitigation efforts, providing a sound basis for investment in clean energy and stimulating growth in carbon markets."


Mr Combet said agreement at Durban, which included improved transparency and better monitoring of emissions reduction, would add momentum to climate change action underway around the world.

"The transparency measures are especially welcome because they will ensure countries deliver on their new emissions reduction pledges," he said.

Mr Combet said the new agreement was an important first step towards a comprehensive agreement covering all major economies.

"If this agreement is concluded it will see developing countries take on obligations, allowing the world to move on from the Kyoto Protocol's unsustainable divide between developed and developing countries and ensuring all nations do their fair share to cut global emissions," he said.

The agreement in Durban also received praise from the Climate Institute.

The institute's deputy CEO Erwin Jackson said the outcomes were "real progress".

"For the first time, all major greenhouse gas emitters will be negotiating as equal partners towards a legal agreement by 2015," Mr Jackson said.

"Never before have all major carbon emitters, including China and the US, agreed to have pollution commitments captured by a single legal agreement."

However, the institute warned that all countries, including Australia, will have to build on their existing actions and increase commitment to reduce the carbon output.

http://www.heraldsun.com.au/news/more-news/greg-combet-praises-un-climate-change-conference-deal/story-fn7x8me2-1226219309263