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For current corporate communications between PMMR and it's Stockholders, please access the "Communications" option / hypertext link to the right of this paragraph. Communications will be posted as they are realeased for your convienience. |
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Precious Minerals Mining and Refining Corporation (PMMR) is the sole producer of the product Orykta™, for use in agriculture (large-scale plant and animal production), with additional applications in aquaculture, agronomy and cosmetics. PMMR holds the mining rights to the Orykta™ deposits, which comprise an estimated 1.4 billion metric tons of the mineral mix. |
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In addition to its other applications, Orykta™ answers several immediate market needs in agriculture in that it can provide remedy to serious problems associated with over farming, increased farming costs, and adverse environmental impacts from industrial/chemical farming. |
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Mission Statement: PMMR's mission is to provide a cost effective way to reverse persistent problems associated with agriculture - malnutrition, decreasing arable lands and increased environmental hazards - by making Orykta™ available worldwide. PMMR's product, Orykta™, is proven to help growers reduce costs, rejuvenate soils, and to stimulate healthy plant and animal growth in a manner that is friendly to the environment. |
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NOTE: Information contained on this Internet Presence is updated periodically, and hence readers should verify the current status of any information appearing here with the company before acting. |
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Problems in Agriculture |
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Despite the phenomenal growth in fertilizer consumption over the past thirty years, much of the world remains underfed and malnourished. Additionally, there is a growing twofold concern: first, a concern about a general decline of the nutritional quality of food products today; and second, a concern that the food we eat might be toxic due to chemical additives. Concerns persist that a once abundance of healthy arable land is in sharp decline, while the quality and health of drinking water and estuaries worldwide are suffering from the adverse effects of chemical run-off from strenuous agricultural production. Nevertheless, it is projected that fertilizer consumption will continue to increase. |
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As the world attempts to feed the malnourished and meet the needs of a growing population, the ratio of population growth to fertilizer consumption is estimated to increase from approximately 1:2.5 today to a ratio of 1:3 to 1:4 over the next 30 years. Such an increase in fertilizer consumption should continue to increase fertilizer requirements from an annual rate of 138.4 million metric tons in 1999 to over 200 million metric tons annually by 2050. The International Fertilizer Industry Association estimates a world utilization of 179 million metric tons in 2030. At the present state of agricultural affairs, it is arguable that the problems identified above are not being corrected. |
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Solutions |
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These problems demand safe, cost effective remedies that will promote healthy and abundant growth of food and animals - without adversely effecting environmental and economic considerations. Ideally, a solution would also include increasing, rather than decreasing, arable lands. |
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One such remedy - which is projected to have a profound positive impact on the world's agricultural situation - is the introduction to the agricultural industry of PMMR's primary product, Orykta™. Orykta™ is a byproduct of ancient volcanic activity only known to be found in one remote area. It both promotes the healthy growth of plants and animals, and is used in soil and land reclamation. Precious Minerals Mining and Refining Corporation was formed specifically to make Orykta™ economically available worldwide in high volume. |
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NOTEWORTHY: In 1996 the International Standards Organization (ISO) developed ISO 14000, a series of environmental management standards. Among other things, ISO 14000 encourages various types of operators to incorporate environmental management systems; i.e., tools to be used by enterprises for analyzing production processes and designing ways to reduce waste, energy consumption and other environmental impacts of operation. Some in the industry believe that a long term trend is emerging whereby crop growers and fertilizer producers will be driven by market demands to become ISO 14000 certified, and therefore be required to use more natural fertilizers such as Orykta™ to a significantly larger extent. |
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Precious Minerals Mining and Refining Corporation holds the mining claims to the Orykta™ mine deposits, which contain an estimated 1.4 billion tons of Orykta™ on approximately 2,000 acres. Orykta™ has been determined to be evenly distributed and uniform in consistency throughout the deposit, thereby simplifying extraction and uniform product mix requirements. |
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The company primarily utilizes indirect sales channels represented by agents and resellers in some foreign markets, and direct sales channels regarding relationships with large U.S. and select foreign distributors or producers of chemical or natural fertilizers. Marketing is handled by Orykta International Group (OIG), an organization formed by select international marketing consultants specifically to lead PMMR's sales and marketing efforts. |
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Sales contracts are typically for delivery of a minimum of 10,000 metric tons annually. Fulfillment is accomplished by excavating (scooping up with front-end loaders and other excavation type equipment) the composite mineral mix, Orykta™, from an above ground open mine site. The mineral mix is then placed in trucks for transport to a refining facility (moving belt, dryer, and grinder) off site from the mines. The Orykta™ is then dried, if needed (only 75 days a year), then ground to the level screen size required, placed on bulk rail cars for transport to an inland waterway facility at Sacramento, CA. for transshipment, or packaged and shipped according to other contract terms from the refining facility. Goods are typically shipped FOB, portside, Sacramento, CA. |
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Safe Harbor |
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, competition, acquisitions, attracting, recruiting and retaining employees, regulatory approval processes, the impact of competitive products or other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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Support Documentation [right click and save target to download file] |
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PMMR Business Plan 2001 - 2006 1.58MB |
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Precious Minerals Mining and Refining Corporation |
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January 2001 [Temporarily Unavailable] |
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PMMR Appendix D (To Business Plan 2001 - 2006) 4.84MB |
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Precious Minerals Mining and Refining Corporation |
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January 2001 [Temporarily Unavailable] |
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Organic Materials Review Institute [OMRI] |
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June 2001 |
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U.S. Department of Agriculture, Forest Service |
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July 1998 |