Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Has to be a good reason they went for them.
Duly completed Form I with geographical coordinates of the area of interest which should fit the predefined cadastral grid.
A Compressive Statement of the Mineral Deposits in the area over which the licence is sought (Should include details of all known minerals proved, estimated or inferred, ore resources and mining conditions).
Feasibility Study for Mining Operations (Should include forecast of capital investment, the estimated recovery rate of ore and mineral products, and the proposed treatment and disposal of ore and minerals recovered).
Approved Environmental Impact Statement (EIA from ZEMA).
Details of expected infrastructure requirements.
Proposals for employment and training of citizens of Zambia.
Proposals for promotion of local business development.
Detailed geographical report on the Area’
Pegging Certificate.
Valid Tax clearance certificate (Issued under Income Tax Act Cap 323).
Plan of Proposed Mining Area.
In the case of Gemstones, a Plan for Cutting, Polishing and Faceting of Gemstones in Zambia.
Statement of duration for which licence is sought (should not exceed 25 years).
Articles of Association, Certificate of Incorporation, Certificate of Share Capital.
NRC/ Passport copy (ies) for all Shareholders.
Any other information which the Director of Mining Cadaster may require.
Https://transparency.org.au/publications/zambia-mining-licence-process-map/ I wonder what info they had to give to be able to be awarded mining licences that last 25 yearrs.
Inside BHP’s Anglo American bid: the £31bn tug of war over copper
https://www.thetimes.co.uk/article/dd1ef011-841e-4771-b374-3ed1b41e1577?shareToken=2d34f716821ab4a043610aedc8c90833
The well will now be situated 5.1km from the site of the original Chuditch-1 discovery well in a water depth of 68m. Based on 3D seismic mapping and the results of Chuditch-1, the planned vertical appraisal well drilled at this new location is expected to encounter gas-charged reservoirs 16m shallower than at the initial location and, as a result, SundaGas now predicts a taller 149m gas column in the reservoir target versus 133m predicted at the initial location.
Drilling Planning Preparations
In parallel to the recent Site Survey operations, drilling planning has continued at a good pace. SundaGas' experienced in-house drill team has further refined the well design, enabling the process of tendering for essential materials that have long procurement times such as well casing to have commenced. Design work on a Chuditch-2 well test (DST) is ongoing, led by SundaGas' well test engineer.
SundaGas is in discussions with drilling rig contractors and other third-party service providers in support of well construction plans. The Company is also liaising closely with other operators in the region that are expected to drill wells in locations relatively nearby.
Detailed workshops are being held on a regular basis with joint venture partner TIMOR GAP and government regulator ANP, whose input to operational and logistical planning is continuing to prove invaluable.
SundaGas and its joint venture partner TIMOR GAP are working on resources to ensure successful delivery of the upcoming Chuditch-2 appraisal drilling campaign. Discussions with a number of potential funding partners are ongoing and further announcements will be made at the appropriate time.
Should know by June 19th if the have secured a rig.
Baron is currently party to other Farm-Out and funding discussions which are ongoing and where progress continues. In addition, the Directors believe that it is an opportune moment to re-invigorate Baron's Chuditch Farm-Out programme, emphasising government validation, partial funding from the Farm-Up and operational progress, in order to add impetus to other funding discussions. The Directors believe that Baron's large remaining interest in the PSC is attractive to various types of potential Farm-Out and funding partners.
Https://www.energyvoice.com/oilandgas/asia/395942/chuditch-gas-discovery-stirs-excitement-offshore-east-timor/
Shell previously collected an enormous amount of technical data on the find. This covered everything from coring to running all sorts of logs that give Sunda a good basis of understanding. But Shell did not test it. They drilled in 1998, when there was no gas infrastructure and nothing like the gas markets today. Therefore, Shell, which was hoping for an oil discovery, let it go. “For us it’s a much more interesting commercial opportunity today,” he said.
“It’s a good discovery and it’s the same plover reservoir system you see in everything from Bayu Undan to Abadi, going through Barossa and Sunrise. The reservoirs encountered by the Chuditch well are very good. We are confident of very good flow rates,” added Butler.