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Items
https://www.investormeetcompany.com/investor/meeting/shanta-gold-q3-production-and-operational-update
Very comprehensive. (Perhaps a bonus divi or two, when practical, will stimulate insti interest.)
https://www.ostrich.co.tz/
Our additional new contractor. (Hadn't come across them before today)
https://www.mining-journal.com/precious-metals/news/4072920/shanta-porcupine-mining-license
Porcupine South good to go. Porcupine North (ex-Winshear/Helios) would be as useful add-on if we can wrest it.
There are some excellent features in the update overlain by a stronger HH price. Although it has retreated slightly this week $3.25/MMBtu with basis SONAT premium at least one of the DUCs will be connected in November.
I have thrown my hat in with SOUC in preference to DEC and NorthSea wannabees. Obviously the bear market has been uncomfortable.
Https://diariolaregion.com/poblacion-de-puinahua-recibe-apoyo-economico-con-recursos-del-fondo-2-5-aportado-por-petrotal/
3,800+ recipients
Hmmm. Just reflecting the contrast between WK where we are drilling in mielie fields and the early scene at NewLuika and Singida : the two camps were clearly demarcated and fenced before Bradbury's time . . . whereas Kenya mining policies are seemingly chaotic.
Oparanya was supportive, the new local governor is a loose cannon and Ruto is invariably out-to-lunch. A clearer definition on policy may emerge next week. It is agreed that the company can do no more than proving up the resource in the meantime.
Item
a) unexpected soaking rains all night in Pucallpa catchment . . . new daily figures shown about 13h00 . . . https://www.meteoblue.com/en/weather/maps/pucallpa_peru_6278761#coords=5.96/-8.323/-74.092&map=satellite~radar~none~none~none
b) don't forget the Manaus webcam . . . https://www.webcamtaxi.com/en/brazil/amazonas-state/manaus-ponta-negra-beach-cam.html . . . lots of beach sand visible
c) tanker berthing access restraints . . . https://www.portodemanaus.com.br/?pagina=nivel-do-rio-negro-hoje
Https://www.the-star.co.ke/news/2023-09-26-gem-villagers-reject-eviction-plan-to-pave-way-for-gold-mining/#disqus_thread
Yes, objections were always anticipated. Ramula, however, is possibly less densely populated than Isulu/Bushiangala and is therefore likely to become the starting point. Resettlement schemes have been introduced elsewhere in Kenya.
NB. Kakamega/Rosterman is a separate county matter. Shanta was less likely to re-establish a mine there.
We'll learn shortly what impact the Juruá, Purus and Maranon tributaries have had on Amazon river levels following heavy downpours in the last three days. It's drier around Pucallpa (Ucayali) at present but Manolo should be able to get the barges moving faster. (Hopefully platform ops are not obstructing quayside movements.) River levels' report in the next two hours.
Generally the company has kept shareholders well informed.
. . . immediate half-metre increase in river level at Pucallpa (possibly best ever overnight).
More importantly the Maranon basin is getting real rain. It'll take a while to be reflected at Iquitos which also has decent forecast next week.
Https://www.miningweekly.com/article/r1bn-solar-energy-project-on-track-to-supply-tharisa-mine-by-end-2024-2023-10-13
I note Ilja had a word with Mining Weekly. (There is also a solar array to the west of the mine.)
It follows an earlier announcement about the agreement for the existing installation on the roof of Constantia's Pick 'n Pay supermarket.
SA now has solar panels everywhere: Enren is being slow.
@ 15:43. Never assured. My great-grandfather arrived in Durban from Brisbane in 1896, worked on the mines at Pilgrim's Rest, then W Turffontein/Witwatersrand, and hardly reached Oppenheimer status.
W Kenya and Tanz now present new opportunities. Much is going to depend on steeply dipping trends at Elizabeth Hill, Gold Tree, Isulu/Bushi and Ramula. Early days here.
Pucallpa barrage is now 3.17 m and rain is falling. Perhaps you can add https://www.meteoblue.com/en/weather/maps/pucallpa_peru_6278761#coords=5.31/-7.145/-72.593&map=satellite~radar~none~none~none to your browser.
. . . the Andes range is the area to check.
Importantly we would like to hear progress on the platform construction and westerly field extension . . . big ops currently underway.
@ 10:23 . . . all the information is there if you care to read back on numerous informative posts. Also the PTAL website is probably one of the most comprehensive you will ever encounter.
The Ucayali at Pucallpa is currently rising at ~8 cm daily and should run at ~1 knot at this time. You can therefore estimate how long a body of water will reach Iquitos where the next daily measurements are taken.
If you are a grasshopper the next well result will be in the second half of November.
Https://www.google.co.uk/maps/place/Singida+Gold+Mine+(SHANTA)/@-5.2393138,34.9984994,1752m/data=!3m1!1e3!4m6!3m5!1s0x184b63961bd351b1:0x2fc31cca269f2b0a!8m2!3d-5.24296!4d35.0085166!16s%2Fg%2F11swl7q5yt?entry=ttu
Bang up to date visual of the mine. Excuse my bias . . . I have high hopes on a) mine extensions and b) mineralisation north of Singida town although unsure on any options we have up there. NB > I don't know the Dodoma region as well as Mbeya and WK.
Https://www.linkedin.com/posts/emily-morris-43607b51_i-am-delighted-to-be-joining-the-board-of-activity-7118116730060599296-qeKK/
. . . an interesting development