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Are vast still involved in the tailings at faneata.
Yes I. Thinking multiples of this current price with production soon.
What do yous reckon to the share price if we loose the diamond mine with the great news regarding Romanian news today. I think its allready factored in as zero pence
Does none find it strange vast sent 20,000 dollars to the township consortium with N C running it and now the community wants him out of way for being corrupt. Hope vast did everything legally as only seen a answer from them 7th may and they paid it out of the company in December saying it was for a party for the township to celebrate the award of mining license which of now we haven't got.. seems strange to me. Hope they havnt burnt their fingers trying to get the pie
452 million shares traded and up only 6%
Wish they h@dnt transferee that 20,000dollars in December.biting them up the arse now.
If the claim against shore can was withdrawn what price would you be expecting to see. 0.3? And then funding for project was announced with a drill date. 1p?
it Rises fairly quickly and does not take much volume to send price up. Roll on RNS and updates
No news since October on concentrate sold. I’d have reckoned they must have at least doubled the first test run which brought in £80,000. Decent cash flow if they have and still are producing, can’t see why they wouldn’t be.
On Halifax it’s showing. 7% spread
Like how are my mentioned shareholders interests matter most and looking at getting Arc towards £200 million market cap without dilution and selling to the Chinese. There are majors in mining already watching. What’s not good about Arc at this present time.
Lots of intrested parties at this price last 3 days
Well it’s good the price held during the strange stranding day. It seems the share price is always low come April and at its highest August so onwards I guess from here.
Hope it’s the drilling company releasing some cash for wages.
Must be due RNS on drilling. There’s only been 2 wet days in April.
Watched the presentation and had a read up on Arcm and looks good potential. Seems there’s some biggish sells going through at this low price though.
Are they not supplying the uk government with testing kits for covid 19. Nottingham unit of virus that is . Maybe they can up production with scancell?
DRD COMMISSIONS LOW-COST BLYVOORUITZICHT SLIMES DAM RECLAMATION PROJECT
22 January 2004
296/04-jmd
“Our timing could not have been better”
Durban Roodepoort Deep, Limited’s (JSE:DUR; NASDAQ:DROOY; ASX:DRD) flagship Blyvooruitzicht Mine (Blyvoor) near Carletonville has successfully commissioned a R45 million slimes dam reclamation project, expected to bring in more than 84 kg of gold a month over eight years at a cost of less than $200 an ounce.
“When all of South Africa’s gold mining industry players are confronted with the hugely negative impact of the strong Rand on their revenues and costs, our timing with this low capex, low working cost project could not have been better,” says Divisional Director of DRD’s SA Operations, Deon van der Mescht.
The slimes dam reclamation project is one of eight initiatives at Blyvoor forming part of DRD’s company-wide “Project Boost”, launched late in 2002 to reduce operational risk, lower unit costs, ensure consistent production and increase ore reserves.
The Project Boost initiatives at Blyvoor, together with the mine’s own longer term Blyvoor Expansion Programme (BEP), are delivering ‘consummate’ results, according to van der Mescht. Together, they account for most of the growth in Blyvoor’s reserves, from 3 million ounces to 5.8 million ounces since 2001 and the increase in its life of mine from nine to 22 years over the same period.
Production for the slimes dam reclamation project, van der Mescht says, will help to maintain Blyvoor’s gold production profile of around 675 kg a month going forward, compensating for declines resulting from the recent depletion of surface rock dump material.
The slimes dam reclamation project, started in June 2003 and commissioned on schedule and within budget, involves the reclamation of some 24 million tons of slimes material, at a rate of 240 000 tons a month, by high pressure water jetting from the mine’s 50-year old Nos 4 and 5 Slimes Dams, at an average grade of 0.587 grams per ton.
Blyvoor’s existing carbon-in-pulp (CIP) plant has undergone extensive renovation in order to treat the slimes material via a new carbon-in leach (CIL) circuit. The new CIL circuit, treating slimes material, will run in parallel with the older CIP circuit, treating underground ore.
New technology in the plant – specifically the Kemix Reactor Process – is expected to deliver both improved gold recoveries and lower costs. At the mine’s No 6 Slimes Dam, which has been extended to accommodate retreated slimes from the project, cyclones have been installed to make for faster deposition, a reduced footprint and greater stability.
Environmental considerations have been a key focus of the project. Amendments to Blyvoor’s Environmental Management Programme have had to be made by management, working with appropriate consultants, and approved by the relevant regulators. The Nos 4 and 5 Slimes Dams, once cleared, will liberate nearly 100 hectares of rehabilita