Vanessa Pickering’s Post

Songun copper mine in a mountainous region in the northwest of Iran. The largest possible copper reserve is located with more than 5 billion tons of mineral reserves. A mine with more than 700 million tons of extractable reserves, with a grade of 0.61%, which makes it the most strategic and important copper mine in Iran. This is an introduction to the beginning of my story and Songun copper mine

Africa presently furnishes 60% of the world's cobalt supply, 17% of its uranium supply, 37% of the global demand for chrome (chromites), 23% of the manganese supply, and meets 25% of phosphate demand. Moreover, Africa holds a share ranging from 3% to 7% in various minerals, with an 18% contribution to the gold supply. Remarkably, Africa holds 37% of the world's gold reserves and is responsible for 49% of the diamond supply and 53% of diamond reserves. #KingdomCapital

Viking Mines has completed an updated JORC (2012) Mineral Resource Estimate (MRE) report for the Canegrass Battery Minerals Project in Western Australia. The MRE has proven highly successful, with a 103% increase in the contained V2O5 to 2.2 Billion Pounds within the total MRE (>0.5% V2O5) of 146Mt at 0.70% V2O5, 31.8% Fe & 6.6% TiO2. Significantly, a high-grade subset of the MRE contains 27.5Mt at 0.87% V2O5, providing the basis to move forward and commence with a Scoping Study on the Project. The opportunity to produce a direct ship Iron Ore concentrate from the Project with credits for #Vanadium content to be investigated by the Company. Discover more: https://loom.ly/cbWlUCA #VKA #VikingMines #ASX

Tender for metallic ore deposit to be held by year-end — minister A high voltage power line will be built to supply power to the deposit, Anton Alikhanov said September 2/ A new tender to tap the Ak-Sug metallic ore deposit in Tuva will be held by the end of this year, Minister of Industry and Trade Anton Alikhanov said at the meeting with President Vladimir Putin on socioeconomic development of the region. "The previous Ak-Sug license holder [Intergeo company - TASS] did not demonstrate activity in its development. A tender for license transfer to a more responsible user will be held in this regard by the end of this year. We expect this will expedite work on construction of a mining and concentration plant with annual processing up to 24 million metric tons of ore to produce 500,000 metric tons of copper concentrate, molybdenum, and many other associated components," Alikhanov said. A high voltage power line will be built to supply power to the deposit, the minister said. The Ak-Sug project is among the top five largest in Russia in terms of copper reserves. #business #finance #financialservices

2 Generations of Smithsonite: #Smithsonite, or zinc spar, is zinc carbonate (ZnCO3), a mineral ore of zinc. Historically, smithsonite was identified with hemimorphite before it was realised that they were two distinct minerals.This Sample is from #Angouran #Mine (Anguran Mine), #Sheykhlar, #Zanjan #Province, #Iran. A Zinc Mine in Iran owned by NILZCO; It's VMS type deposit, located about 300 km NW of Teheran, and 120 km W of Zenjan. The deposit is worked from an open pit (the largest one in Iran). One of the major zinc producers in Iran. The main ore is smithsonite.

#Russia plans to mine manganese ore in #Zaporizhia region The development of the Bolshe-Tokmakskoye deposit in the Zaporizhia region will provide the Russian Federation with manganese raw materials, on the import of which the country depends. The manganese ore reserves in this deposit are estimated at 1.7 billion tons, which will allow Russia to reduce its dependence on imports and provide itself with the necessary raw materials. The Russian strategy for the development of the mineral resource base until 2025 focuses on the integration of resources from the Zaporizhia and Kherson regions, as well as the DPR and LPR. In addition to manganese ores, these regions contain significant reserves of coal (35.5 billion tons) and iron ore (3.5 billion tons), as well as rare and strategically important elements such as lithium, tantalum, niobium and titanium. Earlier, in June, the European Union imposed a ban on the supply of manganese ores to Russia, which increased the country's dependence on imports of this raw material, according to the strategy for the development of the metallurgical industry until 2030. https://lnkd.in/dKueJjWg

Share what you know about Assmang Khumani in this post💯⛏🪖

Last week marked what will likely be the last half-yearly results update for the Tsumeb smelter in Namibia from Dundee Precious Metals Inc. (DPM), with the Canadian company only awaiting approval from the #NamibianCompetitionAct for a sale to Chinese company Sinomine Resource Exploration Co., Ltd. The Tsumeb smelter is one of few globally that can treat 'complex' concentrates - namely those high in deleterious elements such as arsenic, bismuth and fluorine. And while DPM are selling the smelter, citing changing characteristics in the quality of concentrate from their Chelopech mine in Bulgaria, that the smelter treated over 107,000 tonnes of complex concentrates in H1 2024 indicates there is no shortage of lower qualities in the market, as deposits become older and more challenging. However SAVANT has registered the smelter as inactive for the last fortnight. Could this be related to today's deadline to agree the cash value of unprocessed concentrates that DPM will pay IXM under the termination of the parties' tolling agreement?

Where is the next big #copper #discovery going to come from? How big is big? Does the deposit style matter in terms of control or limitation on size? The largest known #magmatic copper #sulphide deposit is #Norilsk - #Talnakh, in Siberia which is estimated to host approximately 20Mt of contianed copper. The #platreef #stratiform magmatic sulphide deposit (#ivanhoe mines) in the #bushveld region of South Africa contains around 2.7Mt of contained copper however also hosts over 30 million ounces of #PGE and #gold, along with approximately 4.6Mt of contained #nickel. The stratiform copper deposits of the Central African #Copperbelt are said to contain a combined 200 million tonnes of contianed copper metal, with one of the largest resources considered to be #kamoa-#Kakula, which boasts aroubd 43Mt of contained copper. The #Escondida #porphyry Cu deposit in Chile contains around 30Mt of contained copper. Then we have the giant Olympic dam #IOCG deposit in South Austrlaia, which contains around 80Mt of contained copper. Finally, the Neves-Corvo #Volcanic #massive sulphide deposit in Portugal is one of the largest #VMS copper resources hosting approximately 14.6Mt of contained copper. All of these deposits are #polymetallic, hosting large amounts of high-value accessory metals such as gold, platinum group elements and nickel.