Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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Hamo...the whole subject of copper/aluminium/graphene is fascinating...
It is well worth taking the time to read this article which suggests that the copper crunch is unavoidable, but in future CCA (copper clad aluminium), copper or aluminium infused with graphene, or....much further down the road, graphene 'wires' is the future...
https://hackaday.com/2021/09/30/the-coming-copper-shortage-aluminum-or-carbon-nanotubes-to-the-rescue/
But I'm absolutely certain that the copper price will recover fairly swiftly and that SOLG will be taken out well before we need to worry about graphene...
Red yes I read it too that's one reason I've included them in a takeover also I think we need to look at Anglo American and Fortescure reason ,Chile taxes on miners that happens then they'll be clambering to get into Ecuador mining imho
That is a very interesting observation DBW...
Barrick is a gold miner...second biggest by output and MCap behind Newmont, but...
At least 2 years ago Bristol said they must look at copper/gold porphyrys going forward and now he's saying copper is the place to be...
So do we know any company that has at least two and maybe several more Tier 1 copper/gold prospects...?
Who will make the first move, because this could become a feeding frenzy when the starters gun goes off...
(Sorry for the mixed metaphors...)
Ooohh - break out the popcorn, eyes down........................
Z
https://www.graphene-info.com/graphene-batteries
https://www.graphenebatteries.no/
https://www.androidauthority.com/graphene-batteries-explained-1070096/
@Quady, the only current issues with graphene are mass production costs and instability of the electric current.
pbow, I agree with you final sentence.
If I lost my house into a sink hole caused by mining I would not be sitting there and thinking about the nuance as to who made the tunnel in the first place. I would be saying that I want mining to be stopped full stop. The government needs to do far more to stop the illegal mining.
pbow, it's easy for anyone to differentiate between the two - the clue's in the description.
https://www.bloomberglinea.com/2022/07/23/zaruma-el-pueblo-construido-sobre-oro-que-se-derrumba-poco-a-poco-en-ecuador/
I find the above article astonishing really. Its about illegal mining and how its causing a historic city to collapse. It kindof explains why there is some push back against mining in Ecuador. I mean its easy for us to differentiate between legal and illegal mining.... but a bit harder if your house falls into a big hole.
Thanks for sharing these articles. I find it a bit odd that we're finding out new things about the company and its operations in BN Americas, but better than not knowing at all I guess.
After initial signs that Daryl would be a lot more open and communicative, does feel like we're back to the SOLG of the last 24 months, where we haven't really got a clue what is going on.
Thanks Pad. NM was very upbeat emphasising the positives for DGR, particularly what they frequently do. Work-up and idea and sell them to somebody Major.
So when is our turn? And who will it be and what form will this take?
Time will tell and just hope this will not be damp squid! LOL! GLA as we enter another week with more economic and political chaos. Just hope Uncle Biden is recovering from his Covid as that lady 2nd in charge could be Hell on Earth!
BBG yes in black and white for all to read ,thanks for posting link Pad
From the Mathers very own presentation at 5:50 into the presentation "Expect Solgold corporate actions....."
Hamoperator I have been following the Graphene story since 2010 and have a small investment in VRS.
Graphene can never replace Copper as Graphene is a couple of atoms thick and has no real current carrying capacity.
NM recent Noosa presentation for DGR. Includes Solg.
https://www.youtube.com/watch?v=FUT8pmDtZNI
dBW. I read recently that scientists were working on Graphene being an alternative to copper as it has greater conductivity powers,
This was a little while ago
“Hailing copper as a “strategic” metal, Mr Bristow said:
“It is more strategic than cobalt, more strategic than lithium. You can’t replace copper on conductivity. It is a modern metal."
Fortissimo,
It’s fine saying that but who do we start barracking, want to give us a clue?
Atb
Possible fortissimo
one word question: why?
One word guys
'Barrick'!!
MF, sort of. I think he may be right about the main event - for the time being!
BNamericas: Cascabel is going to mark a before and after for Ecuadorian mining. How do you see the country's prospects in the medium and long term?
Taunton: The goal for Ecuador is to let companies work through the different stages of exploration to find another Cascabel, several Cascabels.
Geologists have no doubt that, in Ecuador, there is the same mineral wealth as in Peru, for example. Hence the importance of exploration with adequate times, to find minerals and move on to the next stage when technically it should be done and not to meet a date.
That is the way in which Ecuador can be one of the new copper producers.
Ecuador has great potential and, if minerals have not been found as in other countries, it is because the investment conditions have not been adequate.
Now is the moment of opening, because mining is an activity of high standards and that begins with the shareholders who fund our activity and who expect their money to be used with environmental care, complying with the laws and also benefiting the government and the communities.
BNamericas: Do you think now is the time to open the mining registry and that there will be enough interest from investors to bet on mining in Ecuador?
Taunton: Since the opening of the cadastre was mentioned, there has been interest from many investors.
I believe that the cadastre has to be opened very soon to satisfy the interest of third parties.
Ecuador needs foreign investment, because without it it cannot develop projects. Ecuador has no money, therefore it has to take advantage of the interest of foreign investors who today see the country in a positive light.
Opening the cadastre is a crucial element.
BNamericas: Despite government support, there are still a lot of backlogs from various companies.
Taunton: Although I am sure that there are still permits that are behind schedule, the current Ministry of the Environment has moved many blocked procedures.
In our particular case, in Cascabel we had one that was delayed for at least three years. It has been a relief for us to see that the water permits, which were previously blocked, have been moved.
In general, I understand that the goal is to meet the appropriate response times, according to the regulations.
The issuance of environmental records has been stopped in recent months, but it is clear that the government intends to solve it as soon as possible.
BNamericas: How do you see the mining future in Ecuador?
Taunton: With three, four, five or more mines in production within four years, the contribution of revenue to each mine's areas of influence is going to be demonstrated.
Regarding Cascabel, roughly we are talking about a potential of US$32,000 million in income and, on top of that, there are at least 3% royalties and 60% of that could reach the area of ??influence.
The figures are huge compared to the budgets of the provinces and cantons.
One of the great challenges is that the GAD [Local Governments] begin to understand the way in which they can have access to this type of funds, through proposals that are presented to the Central Government.
BNamericas: What happened to La Hueca and Blanca, where drilling started?
Taunton: La Hueca is part of the third party interest group. We have also offered Blanca to the same group.
According to the law, we have to complete activities in four years, but there are elements beyond our control, such as COVID, with which we lost several months.
We have to focus on where we have the best performance, but also offer to third parties if they are interested in partnering, if feasible, for advanced exploration activities.
BNamericas: What are the main obstacles facing Ecuadorian mining in terms of permitting and regulation?
Taunton: Under President Guillermo Lasso, the importance of responsible mining has been recognized.
The activities of EcuaCorriente, with Mirador, and Lundin Gold, with Fruta del Norte, have economically transformed the province of Morona Chinchipe.
These two examples are absolutely crucial in demonstrating the seriousness and reality of the benefits of high-volume mining.
Decree 151 issued by President Lasso last year shows that he has a clear vision of improving conditions for mining, of implementing activities that improve mining in general in Ecuador, and of trying to eradicate illegal mining, which unfortunately has been the example for the public.
At Cascabel we are going to begin very soon the negotiation phase with the government on details of royalties and taxes in compliance with the different stages of the law.