We would love to hear your thoughts about our site and services, please take our survey here.
Https://www.mdpi.com/2075-163X/11/6/649
2.4 if anyone is interested
Daz, yes it depends if the crystals and levels of impurities lend themselves to the DMS process or not.
For us on the identified veins allocated to DMS it does, but still some, what they call tailings, but what we here probably would call midlings, are going to be run through the flotation plant.
We would call all tailings waste only.
100notout, the mining office is sorting gold in the 2023 mining code update, just go to any gold site and there is reams on it.
About grandfathering rights, ore processing anything you are interested in - all relating to the mining office not being open.
I think I read a Barrick one earlier this morning and it was dated Feb 2024. Any Google and you will get them.
It is one of, if not the biggest source of revenue in Mali.
That is why the licence has not transferred. No other reason. The office isn't open.
But, for Kodal, it doesn't need to transfer, we are fully permitted and can mine as we are. For Hainan it does need to transfer so they have a JV arrangement and not just a lender of money with an offtake.
PS, they are lucky they have Ganfeng who could afford to give them something as a safety net.
Depending on the stuff behind the scenes at Leo, this may trigger a board discussion at Hainan and they may decide a buyout of us is the way to go to remove the risk which was at Leo Lithium. They may see Kodal as a potential risk to their reputation. Buyout before year end? Or Hainan ups scrutiny of everything if not high before.
Leo have made Ganfeng look stupid. Hainan will have seen that.
Elcobble, according to their shareholders in their board, it either has to be resolved, obviously before the 18th of this month, which may happen if the mining department have been working on it, but if not they think a cheap buyout from Ganfeng.
One thing, that Leo Lithium's CEO career is finished. Only seen one other balls up of that magnitude and it was Strat Aero.
Terrible for shareholders.
painless, onlyking, check out the leo lithium website, quicker than i thought, bull**** onlyking? read this
https://leolithium.com/investor-centre/asx-announcements/
Hello Painless the mining office is sorting the gold ore tax evasion/avoidance issue in Mali, it is costing millions and making a mockery of feasibility submissions.
The UK or anywhere else would clamp down on that too if they had the same rules.
Leo is a complicated one as they are specific to Leo. Are there time limits on forced suspensions on ASX?
Because this one is not voluntary?
If there is a time limit the mining office may prioritise it.
Hadrian - we used to be the same once, not so vocal and a lot more powerful.
Loads of stuff on it, but this one gives a blanket background
https://www.washingtonpost.com/politics/2021/04/30/chinas-belt-road-initiative-invests-african-infrastructure-african-military-police-forces/
Apparently there are many more Chinese security forces in West Africa but they operate through many tiny organisations.
Russia is a bit like Cuba, like to make a splash, a bit of an entrance.
Whilst the real forces and issues are stealth like and Joe public are oblivious.
Like a big gangster, useless if everyone knows who you are.
Makes sense Daz, major mining company.
Kodal can take their cash, have their own (relatively) small income generator, probably gold and a small percentage of West Bougouni and maybe Bougouni too, then source another mine for a major, possibly Hainan again.
If the resource expands enough before October or so, I reckon it could be before DMS.
Surin, I think with the new staff appointments at Bougouni and the Hainan crew out there and more going out that may well happen soon.
We don't have a clue about the Goldfields potential value.
We may all be way underestimating their potential as originally they were thought of as stepping stones to fund Bougouni before Bougouni turned into such a major prospect.
We will see.
Badomen, where is there any concern anywhere from a mining company about change of ownership following a JV?
The concern in the new mining code is for gold mines which over produce over a set margin above what they disclosed in their feasibility study. In 2019 a penalty was imposed for doing so.
To get round it some mines were moving over production gold ore to another mine and avoiding the penalty. In 2023 this loophole has been closed.
However some mines run into the same processing plant, it is these and similar situations that they are ironing out as we speak.
A couple of reasons why this would not impact us, we are not a gold mine, have no intention of moving ore and are not yet mining.