Large Scale Mining
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.
The need to bring mining back to North America is more urgent than ever.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
Father’s Day in Australia was on September 2, and it’s a day a group of miners from “down under” won’t soon forget.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
The metal is expensive, not because it is rare but because of the expense to produce and work it. The minerals mined for titanium are all oxides, unlike many base metals that are mostly mined as sulfide minerals.
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
Environmental groups last year urged Montana regulators to impose the bad actor designation, and now are seeking to intervene in the case.
When I read about these new discoveries, I often wonder how the original operators ignored all the additional ore. Yet this has happened again and again in Nevada and many other places.
Production of the Lithium will be completed in a 48-hour process with much less waste and a substantial increase of recovery rates from around 40% with conventional evaporation to near 90%.