Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rarely visit this forum as so many LTH have given up posting with the trolls. All I would like to ask is how many on this BB have the insight and experience of SD and in particular his role at Northern Star increasing company value 8-10 fold. Answers with cv greatly appreciated.
He's done what he needed to do to fund in the drill bit in our 100% owned tenements and to grow Havieron and I'm sure our 5% of FMV is top of his agenda. Keep the faith
I see that the antagonist and agitators have paid the board a visit and trying to install fear that grades of 1.5g per ton are uneconomic to mine. I think the Hannams note says the average is 3.5 gpt at the moment. Well I'm no expert but the GM of Cadia begs to differ. Released this morning have a listen ~ 39:40 minutes thereabouts for a couple of minutes where 0.4 - 0.5 are profitable if you have the bulk tonage which we will get with block caving.
Good to have you back Paddy.
https://youtu.be/FbMO7NeuLdQ
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
Expected plant modifications include magnetic separation within the flotation circuit to reduce pyrrhotite levels in the final copper concentrate and a carbon-in-pulp
https://twitter.com/hinds_stuart/status/1448373540005326856?s=21
https://www.australianmining.com.au/news/newcrest-to-upgrade-telfer-on-road-to-havieron/
Slightly more upbeat than yesterday's Rupert Hargreaves. But still knows less than many on this BB.
https://www.fool.co.uk/investing/2021/10/08/as-the-greatland-gold-ggp-share-price-explodes-should-i-buy-more/
Greatland and Newmont are already in the early stages of developing Havieron’s mining infrastructure. Rupert Hargreaves @ruperthargreav1 FFS
https://www.fool.co.uk/investing/2021/10/07/is-this-why-the-greatland-gold-share-price-keeps-falling/
As in jerry, hydro, paddy, mushroom, tigger, spy, reddirt et al. But this company means business.
https://twitter.com/greatlandgold/status/1427767283334717443?s=21
Reminder- this is Paddy's job where is he?
Newcrest Mining
2021 Full Year Results
Sandeep Biswas, Managing Director & Chief Executive Officer
Thursday, 19 August 2021
9:30am, AEST
https://s1.c-conf.com/diamondpass/10015108-93ncm7.html
Last year Hydrogen posted that GGP had created a subsidiary and stated his belief was that the company was preparing to expand for future growth.
I recall he was ridiculed by some.
Here's the proof to back up his belief. Mining tenement applications 630, 631, 632 & 633
https://emits.dmp.wa.gov.au/emits/advert/index.xhtml
https://www.dnb.com/business-directory/company-profiles.greatland_pty_ltd.b57f4cbfe5915bf3f0626cda99f44195.html#related-companies
Manager - Mine Planning and Environmental
Sep 2018 - Oct 20191 yr 2 mos
Perth, Telfer
Managing a multi-disciplinary team, consisting of mine planning engineers for both open pit and underground operations, metallurgy, geotechnical, environmental, and mine closure. Sign off on annual Ore Reserves for open pit and underground. Internal technical reviewer for mining studies
If Blackhills have enough resources? First hand experience and contacts of Macmahon.
https://www.linkedin.com/in/otto-richter-165ab810?originalSubdomain=au
Love it!
@ Tallchap
After. See David Lenigas on Proactive waxing lyrical. Actual a good decision imo
https://youtu.be/zA8uMZqAuKY
Looking like 8 rigs is not going to be enough.
Experienced Drill Fitters
Location: Havieron (Newcrest) in Western Australia
Rate: $850 a day + Hire Ute + Tooling Supplied
Roster: 2:2
https://www.seek.com.au/job/53246302?savedSearchID=20cace62-c749-11ea-82ab-0f4a5bba5a55
Hydro if you look at Byrnecut and Jetcrete Carrapateena's operation they are looking to automate by 2022. At the risk of sharing my opinion the ore body structures are very similar to my untrained eye. If proven and reliable no doubt similar kit will be employed at Havieron. By how much this affects the AISC is anyone's guess but I suspect it will be less.
"The mine utilises an extensive fleet of modern, large scale underground mining equipment with 21t capacity loaders & 63t trucks, hauling to surface until the underground crushers and conveyor declines are commissioned in 2022.
A fully computer controlled jumbo is supplemented by conventional split feed jumbos to complete over 1300m of fibrecreted development per month."
https://www.byrnecutmining.com/projects/oceania/australia/carrapateena/
The deposit is shaped like a near vertical pipe and sits under approximately 500 metres of unmineralised rock cover.
https://www.ozminerals.com/operations/carrapateena-project/
https://www.miningnews.net/explorer-of-the-year/news/1414524/mnn-awards-havieron-continues-to-evolve
https://twitter.com/shaun_day_/status/1415998607946256394?s=21
Thanks Paddy, Telfer area had some heavy rain in March also that set things back imo. I'm pretty confident we will be ahead of schedule. In the coming months.
http://www.bom.gov.au/climate/dwo/202103/html/IDCJDW6122.202103.shtml
They have opened the access to Havieron with new photographs and information
https://www.byrnecutmining.com/projects/oceania/australia/havieron/
Steve Todoruk of Sprott - released this morning on YouTube. Talks about Australian Discovery's under cover
Referring to GGP imo.
https://youtu.be/MYm7XQcu-5E