Rapaport’s Post

Copper Mine for SALE Catamarca province, Argentina The project consists of five sites (Nelly Expte 66/2019 (2500 hrs), Gustavo Expte:67/2019 (2422 hrs), Ethel Expte:68/2019 (2500 hrs), Abelardo:69/2019 (6,791 hrs), Ludmila Expte :70/2019 (7000 hours) which gives a total of 21,210 hectares, of which two deposits (Nelly and Ethel) have been studied and developed, in which a giant Copper Porphyry was discovered whose dimensions were compared, reaching the conclusion which is almost double that discovered in the nearby already exploited deposit "Bajo Alumbrera", which will be explained with documentation below. The porphyry discovered and named Ut, above is located in the Nely and Ethel deposits; at the end of 2022 it will be I carried out a survey and study campaign to present the Environmental Impact studies where the Abelardo and Ludmila Deposits were discovered in the Abelardo and Ludmila Deposits the presence of Lithium both in rock and on the surface, which in 2023 will continue to study the potential of said mining properties.- #copper #mine #minning

In 2024, Russia remains the world’s top diamond producer with an annual output of 41,923,910 carats. Dominated by state-owned entities like ALROSA, Russia's diamond industry, particularly in the Sakha Republic, is renowned for its exceptional quality and significant influence on global prices. World's Largest Diamond Producers 2024 1. Russia Diamond Production: 41,923,910 carats. Russia maintains its position as the world's leading diamond producer. Renowned for its vast natural resources, particularly in the Sakha Republic, the industry is dominated by state-owned entities like ALROSA. Russian diamonds are noted for their exceptional quality and significantly influence global prices. 2. Botswana Diamond Production: 24,752,967 carats. Botswana is a major diamond producer, with the Jwaneng and Orapa mines at the forefront. These mines are operated through a partnership between the state and De Beers. Botswana is globally recognized for its commitment to sustainable and ethical mining practices. 3. Canada Diamond Production: 16,249,218 carats. Canada has risen as a significant diamond producer, with the Diavik and Ekati mines leading its output. Canadian diamonds are celebrated for their high quality and ethical mining procedures, reinforcing the country's reputation for transparency and responsibility in the global diamond market. #WorldDiamondProducers2024 #GlobalDiamondMarket #SustainableMining #stoneRouge

Tom, good observation in light of the perceived shortages in supply in copper that has been predicted over the next few years, it is important that investors realise that this is the time to invest in the exploration of copper projects that may lead to the discoveries of the future. Zambia is definitely one of the places to be right now. #Zamare #Copper #GreenMetals.

We've received payment of $3.3 million from Saskatchewan Research Council for sale of stockpiled rare earth material, as announced last month. The sale was facilitated by Natural Resources Canada relating to our stockpiled rare earth material derived from a previous mining campaign on Nechalacho’s North T deposit. We remain focused on developing the Tardiff deposit at Nechalacho and will deliver a Scoping Study for Tardiff in CY2024. Managing Director Lisa Riley said: “Our sale of stockpiled material to SRC is now complete, allowing Vital to derive value from our earlier work at Nechalacho. This allows us to focus on development of Tardiff as a long-life, large-scale rare earths project. A Scoping Study is the next logical step in our pathway and we are on track to deliver the study by the end of 2024. “We expect our newsflow to increase over the coming months as we work towards and achieve milestones towards its completion.” Read the full ASX Announcement here: https://lnkd.in/gRZPRcYe #VML #VitalMetals #REE #rareearths #Canada #ASX #ASXNews

First Gold pour at the current operation of the Porgera mine in 2024.

Bluelake Mineral Norwegian subsidiary Joma Gruver AS has been granted extraction rights (utvinningsrett) by the Norwegian Mining Inspectorate (Direktoratet for Mineralforvaltning) for the mineralization in Gjersvik, which is located 24 km west of the Joma mine. According to a historical assessment from 1998, Gjersvik contains mineral resources of approximately 21,000 tonnes of reserves and approximately 931,000 tonnes of measured and indicated mineral resources with grades of 1.51% Cu and 1.21% Zn (Status report for Gjersvik mine, Norway, January 1, 1998 by Ulf Johannesen). All mineral resources have been estimated under the Australian JORC Code. Gjersvik will thus be able to constitute an important satellite project to the Joma mine with the possibility of extending the life of mine with up to two years. #copper #zinc #cobalt

Mexican mine boosts Coeur in Q1 Solid performances at the Palmarejo complex in Mexico’s Chihuahua state and Wharf in South Dakota boosted US-based Coeur Mining in Q1. “Solid performances at Palmarejo and Wharf led to the total production of 80,744oz of #gold and 2.6Moz of #silver compared to 69,039oz of gold and 2.5Moz of silver in the first quarter of 2023,” the company said in its first-quarter results. “Production levels are expected to increase over the balance of 2024, driven primarily by the ramp-up at Rochester [in Nevada]” According to the miner, Palmarejo achieved its highest quarterly production in several years thanks to strong contributions from the Guadalupe and Independencia underground operations, while Wharf delivered a stronger-than-planned quarter after achieving a record performance in 2023. #mining #mexico

This plan will give you an idea of the density of mineral exploration in the Matlock to Matlock Bath area, it covers an area approximately two-miles north-south and one-mile east-west. Both the river Derwent and the A6 road running along the steep-sided valley bottom. The map does not show the literally thousands of shafts found on Masson Moor, nor does it show all of the underground workings and smaller quarries. The commercially exploited minerals in the area were mainly galena and fluorspar, with limestone being quarried. Mining ceased in the area in the 1960s along with most of the quarries on this map by the 1990s - the exceptions being Slinter's Quarry and the recently re-opened Ball Eye Quarry. Just off the map are the operating quarries of LONGCLIFFE QUARRIES LIMITED (Brassington Moor and Ryder Point) and Tarmac's Dene Quarry. Plan credit: Dr T Ford 1994 #mineralsmatter #miningexploration #mininghistory #quarrying #limestone

Keep an eye on the diamond mining sector as we seem to be in a period in which mines are struggling and operators are pulling back. We know about Anglo American's plans to divest from De Beers Group, but we also learned that Lucapa Diamond Company Ltd is looking to divest from the Mothae mine in Lesotho, and recently Stornoway Diamonds announced the closure of the Renard mine in Canada. We know also that the alluvial miners along the Orange River in South Africa are under tremendous pressure, with several already halting operations. So, what’s going on? The bottom line is that these operations cannot be sustained in a prolonged weak market, especially if they’re the only asset in a company’s portfolio with relatively low production. Diamond miners are under pressure. What does that say about the diamond market? And what’s the remedy? My latest video explores...

A day of meetings in Lima yesterday including: 👷🏽Alberto Rios, GEOLOGICAL CONSULTANT TO OUR BOKU JV Alberto presented technical information on Tesoro and discussed three #gold rich vein systems, including Bonanza where our mine is located. We also discussed our polymetallic concession, Ana Lucia. Analogues were drawn with the Cerro Bayo mine in the centre of the concession, which was mined for a decade until two years ago. 🪙A TAILINGS DEPOSIT OWNER We would need to undertake a relatively low-cost resource assessment and metallurgical analysis, followed by a feasibility study to reach a final investment decision on the potential to process this and other similar tailings cleaning opportunities. #Mining #Peru