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During the 16th week of the year (April 15th to April 21st, 2019), at least 28 press releases were announced by companies working in Mexico. ON MEXICO ISSUES, a lower court in Puebla ruled Mexico’s mineral title system unconstitutional based on consultation not being required before issuing the title. Inhabitants of San Antonio, Baja California Sur, manifested in support for the construction of the San Antonio mine. ON EXPLORATION, In Sonora, Aztec Gold delineated several new targets using geophysics at Cervantes; San Marcos disclosed explorations plans for its properties in the year. In Jalisco, GoGold released interesting results from drilling at Los Ricos.  ON MINING, Avino Silver, Sierra Metals, First Majestic, Gold Resource and Hecla disclosed production results for Q1 2019. Fresnillo PLC presented its annual report 2018.   ON FINANCING, Ridgestone Mining, Oroco and Camrova raised $1.12 M; 800 K and 12 K respectively. Sonoro and Minaurum granted options to consultants and directors. Minaurum was named to the Venture 50tm. Sierra Metals entered into an automatic purchase plan. ON RESOURCES AND DEVELOPMENT, Goldplay reported channel sample results from a new zone at its San Marcial project in Sinaloa. SilverCrest Metals rleased good metallurgical results from its Las Chispas property in Sonora.  ON DEALS AND CORPORATE ISSUES, Newmont Goldcorp Corp. has been delivered. Consolidated Zinc presented notice of its annual general meeting. Aura completed the sale of 80% interest of its Taviche project to Minaurum.  

ON MEXICO ISSUES

  • Almaden Minerals Ltd. informed that “a lower court in Puebla State has ruled that Mexico’s mineral title system is unconstitutional because consultation is not required before the granting of mineral title………..This ruling can be appealed by both the Government of Mexico and Almaden. The Company believes that this lawsuit is part of a broad effort by special interest groups to change the mining law and there are other similar actions active across Mexico”. Almaden stated that no communities within the company’s current mining concessions on its Ixtaca project in Puebla are party to this lawsuit.
  • Fresnillo PLC. Presented its 2018 annual report. It is here recommended to all interested in the mining business in Mexico to take a look to the report (http://www.fresnilloplc.com/media/412015/fres-30452-annual-report-2018-web.pdf), especially on the section “Managing our risks”. In the said section, the risks of participating in the industry in Mexico are assessed, including those of metal prices, potential actions by the government, access to land, security, public perception against mining, safety, union relations, exploration, project performance, cyber security, environmental incidents and human resources. Although the report had in mind Fresnillo’s particular situation as one of the largest Mexican mining conglomerates, many parts of the evaluation concern risks that affect all mining enterprises in the country.
  • Some 500 inhabitants of San Antonio, in Baja California Sur, gathered in support of Argonaut Gold’s San Antonio mining project in their locality.

ON EXPLORATION

  • Aztec Minerals Corp. and Kootenay Silver Inc. informed that interpretation of a recent magnetic and radiometric survey produced multiple porphyry copper targets on the Cervantes property in Sonora. “Cervantes has multiple porphyry cells aligned along a northeast-southwest orientation, manifested as high-level alteration footprints related to intrusive bodies. There are also prominent northwest-southeast trending magnetic anomalies found to be associated with strong alteration, gold-copper mineralization, and intrusive rocks.”   
  • GoGold Resources Inc. disclosed the results from the first two diamond holes on its Los Ricos property in Jalisco. The two diamond drill holes twinned previous RC perforations, replicating the mineralized zones, with 35.5 m @ 1.24 gpt Au, 285 gpt Ag and 27.6 m @ 1.56 gpt Au, 159 gpt Ag. The holes are part of a 10,000 m diamond drill program focused on following the high grade ore shoot down dip below the historical RC drilling.
  • San Marco Resources Inc. plans for 2019 in Sonora include target delineation at Espiritu Santo and 1068 properties, follow-up of underexplored areas at the Chunibas project, extensive participation on lotteries of released ground by the government, evaluation of multiple property acquisitions and ongoing partnership discussions of existing assets.

ON MINING

  • Avino Silver & Gold Mines Ltd. released production results from its Avino property in Durango for 2019’s first quarter. During the period production came from three sources: Avino mine, San Gonzalo mine and historic stockpiles. At Avino, 100.9 K tonnes were milled @ 41 g/t Ag, 0.48 gpt Au, 0.49% Cu, recovering 84% Ag, 71% Au, 87% Cu. At San Gonzalo (which is nearing the end of its mine life) 17.9 K tonnes were milled @ 188 gpt Ag, 0.54 gpt Au, recovering 65% Ag, 61% Au. From historic stockpiles 78.8 K tonnes were milled @ 61 gpt Ag, 0.40 gpt Au, 0.21% Cu, recovering 55%, Ag, 52% Au, 29% Cu. Total production was 1,813 Oz Au, 268.4 K Oz Ag, 1.06 M Lb Cu, or 615 K Oz AgEq.
  • Sierra Metals Inc. reported first quarter 2019 results, including figures from its Mexican mines. The Bolivar mine in Chihuahua processed 263.2 K tonnes (~3,008 tpd, targeting 3,600 tpd for Q2 2019)) grading 0.81% Cu, 19.5 gpt Ag, 0.19 gpt Au, recovering 82.2% Cu, 79.1% Ag, 67.9% Au to produce 3.87 M Lb Cu, 130 K Oz Ag, 1,100 Oz Au (or 5.08 MLb CuEq). At the Cusi mine, also in Chihuahua, 71.3 K tonnes were processed @ 105 gpt Ag, 0.15 gpt Au, 0.3% Pb, 0.3% Zn, recovering 79.5% Ag, 37.5% Au, 75.2% Pb to produce 192 K Oz Ag, 133 Au Oz, 349 K Lb Pb, no Zn.
  • Fresnillo PLC. Filed its annual report 2018. During the year Fresnillo produced 61.8 M Oz Ag, 922 K Oz Au, holding resources of 2.2 billion Oz Ag and 39.1 M Oz Au. At Fresnillo, in Zacatecas, 2.44 M tonnes were milled @ 214 gpt Ag to produce 15.1 M Oz Ag, 42,290 Oz Au, 19,619 tonnes Pb, 31,094 tonnes Zn. At Saucito, in Zacatecas, 2.79 M tonnes were milled @ 257 gpt Ag, 1.25 gpt Au to produce 19.78 M Oz Ag, 86,092 Oz Au, 22,662 tonnes Pb, 29,506 tonnes Zn, while the Pyrites Plant processed 131.8 K tonnes @ 393 gpt Ag, 2.8 gpt Au to produce 977 K Oz Ag, 3,556 Oz Au. At San Julian, in Chihuahua, 1.27 M tonnes were processed from the veins @144.1 gpt Ag, 2.0 gpt Au, to produce 5.43 M Oz Ag, 79,218 Oz Au. 2.22 M tonnes were processed from the disseminated orebody @ 154 gpt Ag, 0.1 gpt Au, 0.4% Pb, 1.4% Zn, to produce 9.2 M Oz Ag, 3,125 Oz Au, 6,101 tonnes Pb, 22,027 tonnes Zn. At Cienega, in Durango, 1.32 M tonnes were milled @ 164 gpt Ag, 1.65 g/t Au to produce 6 M Oz Ag, 66,869 Oz Au, 4,799 tonnes Pb, 5,892 tonnes Zn. At Herradura, in Sonora, 22.15 M tonnes @ 0.76 gpt Au were deposited on the heaps to produce 474,168 Oz Au, 1.52 M Oz Ag, at cash cost $504 per Au Oz (total volume hauled, 124 M tonnes). At Nochebuena, in Sonora, 18.2 M tonnes were deposited on the heaps @ 0.52 gpt Au to produce 167.2 K Oz Au, 52 K Oz Ag, at cash cost $735.4 per Oz Au (total volume hauled, 80.3 M tonnes). The company had $580.7 M as cash and cash equivalents by the end of the year.

  • First Majestic Silver Corp. produced 6.3 AgEq Oz during the first quarter of 2019. During the period 831.2 K tonnes of ore were milled @ 150 gpt Ag, 1.26 gpt Au, with recoveries of 83% Ag, 96% Au, to produce 3.33 M Oz Ag, 32,037 Oz Au, 2.66 M Lb Pb, 1.26 M Lb Zn.  The ore had averages and recoveries of 287 gpt Ag, 4.18 gpt Au (93% Ag, 96% Au) at San Dimas, Durango; 121 gpt Ag, 1.87 gpt Au (89% Ag, 95% Au) at Santa Elena, Sonora; 126 gpt Ag (66% Ag) at La Encantada, Coahuila; 187 gpt Ag, 0.58 gpt Au (89% Ag, 93% Au) at San Martin, Jalisco; 54 gpt Ag, 1.8% Pb, 1.6% Zn (75% Ag by flotation, 62% Ag by cyanidation, 69% Pb, 48% Zn) at La Parrilla, Durango; 114 gpt Ag, 2.1% Pb (74% Ag, 0.7 M Lb Pb) at Del Toro, Zacatecas.

  • Gold Resource Corp. reported preliminary production results for the first quarter 2019. The Oaxaca Mining Unit (El Aguila, Arista, Switchback) produced 6,538 Au Oz, 364.6 K Oz Ag, 433 tonnes Cu, 2,153 tonnes Pb, 5,838 tonnes Zn. “The Company maintains its 2019 Oaxaca Mining Unit Annual Outlook of 27,000 gold ounces and 1,700,000 silver ounces, plus or minus 10%”.
  • Hecla Mining Co. announced preliminary production results for the first quarter of 2019. At San Sebastian, in Durango, the mill operated at 494 tpd to produce 0.4 M Oz Ag, 3,530 Oz Au. “A review of sulfide ore continues, including a bulk sample to test the capabilities of the third-party plant and the suitability of long-hole stoping for the ore body, with results expected by the fourth quarter of 2019.”

ON FINANCING

  • Ridgestone Mining Inc. completed its previously announced private placement financing, for gross proceeds of $1.12 M. The company paid 6% ($43.2 K) cash and 309 K compensation warrants. Also, 72.2 K bonus shares were issued to a director of the company, under a loan agreement (Rebeico, Sonora).
  • Sierra Metals Inc. entered into an automatic purchase plan with its designated broker (Cusi and Bolivar, Chihuahua).
  • Sonoro Metals Corp. granted 100 K incentive options to a director of the company. These options vest immediately and are exercisable at a price of $0.18 per share (Cerro Caliche, Sonora).
  • Minaurum Gold Inc. has been named to the TSX Venture Exchange Venture 50tm , the annual ranking of Canada’s top 50 emerging publicly traded companies across five industry sectors. Minaurum also granted 3.35 M common share stock options to directors, officers and consultants. The options are exercisable at a price of $0.45 for a period of 10 years from the issue date. The company also granted consultants 275 k options exercisable at a price of $0.45 for a period of five years. Ten percent vest immediately, and another 15% each semiannually (Alamos, Sonora).   
  • Oroco Resources Corp. closed a non-brokered private placement financing, raising $800 K in gross proceeds. No finder’s fee was paid (Santo Tomas, Sinaloa).
  • Camrova Resources Inc. closed the second tranche of the previously announced private placement, for proceeds of $12 K, bringing the total combined proceeds to $66 K. The third and final tranche of the Private Placement is expected to close in early May (Boleo, Baja California Sur).

ON RESOURCES AND DEVELOPMENT

  • Goldplay Exploration Ltd. reported channel sample results from a new zone at its San Marcial project in Sinaloa. The Nava zone, 500 long by 100 m wide, is extensively altered and hosts low sulphidation quartz veining and stockwork mineralization. Channel samples from the zone returned assays ranging from 1.04 gpt Au to up to 10.0 gpt Au.
  • SilverCrest Metals Inc. announced positive metallurgical results for Las Chispas project, in Sonora. “A total of 445 kg was selected from 51 core holes and nine underground samples to compile 15 different samples, based on geo-metallurgical domains which were combined into three master composites. These composites utilized 210 kilograms of mass representing a variety of grades (low, medium and high) of 500 to 2000 gpt AgEq expected during conceptual operation”. The new metallurgical tests show estimated recoveries of 98.4% to 98.9% Au and 91.4% to 94.8% Ag, using conventional methods comprised of gravity concentration and intensive leaching followed by gravity tails standard leaching.

ON DEALS AND CORPORATE ISSUES

  • Newmont Mining Corp. announced that it has extended the previously announced offers to exchange all outstanding notes issued by Goldcorp Inc. for up to two billion dollars aggregate principal amount of new notes to be issued by Newmont, as part of the proposed arrangement on which Newmont acquires all outstaning shares of Goldcorp (Peñasquito, Zacatecas).
  • Consolidated Zinc Ltd. presented its notice of annual general meeting for the annual general meeting of shareholders to be held on 23 May 2019 (Plomosas, Chihuahua).
  • Aura Resources Inc. announced the completion of the sale of an 80% interest in its East Taviche project in Oaxaca, to Minaurum Gold Inc.. Minaurum issued 100 K common shares to Aura and paid US$39.4 K on closing; additionally, Minaurum is to issue further 100 K shares on receipt of the pertinent drilling permits. The remaining 20% can be acquired by Minaurum paying CDN$1 M.
  • Newmont Goldcorp Corp. announced the successful conclusion of its transaction combining Newmont Mining Corp. and Goldcorp Inc. to form the world’s leading gold business. The company targets six to seven million ounces of steady gold production over a decades-long time horizon (Peñasquito, Zacatecas).

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

On the image below, glory hole developed on Inguaran, Michoacan. Picture by Jorge Cirett.

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By Miguel A Heredia

During the thirteen week of the year (April 08th to April 14th, 2019), at least 22 press releases were announced by companies working in Mexico, with seven informing on exploration results, seven communicating financial and production results, six disclosing deals and corporate issues, one announcing financial rounds, and one reporting on resources and development of their properties.  ON MEXICO ISSUES, No relevant news.   ON EXPLORATION, In Baja California Norte, One World Lithium announced that a RC rig is moving to its Salar del Diablo project. In Sonora, Silver Viper identified new drill targets at its Virginia project and prepares a helicopter-borne magnetic and radiometric survey. In Chihuahua, Radius re-started drilling at its Amalia project and Silver Spruce announced that its ongoing field exploration work continue expanding their drill target areas and has identified new veins at its Pino de Plata project.  In Coahuila, Discovery Metals increased the anomalous area at its Minerva project. In Sinaloa, Kootenay reported sampling results and the discovery of a new vein at its Copalito project. In Durango, Gainey received an environmental permit to drill up to 32 holes at its Las Margaritas project. ON MINING, McEwen released Q1, 2019 production results from its El Gallo mine in Sinaloa. Great Panther reported Q1, 2019 production results from their Topia mine in Durango and Guanajuato Mine Complex in Guanajuato. Consolidated Zinc reported March 2019 production results from its Plomosas mine in Chihuahua. Endeavour reported Q1, 2019 production results from its four Au-Ag mines in Mexico. Fortuna Silver reported Q1, 2019 production results from its San Jose mine in Oaxaca. Fresnillo plc announced Q1, 2019 production results from their Mexican operations. ON FINANCING One World Lithium closed a second tranche of its non-brokered private placement for $CDN 525, 675 (Salar del Diablo project, Baja California Norte). ON RESOURCES AND DEVELOPMENT, McEwen announced that the FS and permitting are progressing at its El Fenix project in Sinaloa, and expects to complete the FS on Q2, 2019. Fresnillo plc and MAG Silver announced that their Juanicipio project in Zacatecas has been approved for development by their respective Boards of Directors. ON DEALS AND CORPORATE ISSUES, One World Lithium announced the engagement of and IR firm (Salar del Diablo project, Baja California Norte). Sierra Metals announced changes of its Board of Directors (Cusi mine, Chihuahua). Goldcorp obtained a final order approving the plan of arrangement with Newmont. McEwen announced that are exploring the potential sale of their Mexican assets (El Gallo and Fenix projects, Sinaloa). Azucar Minerals reported that Newcrest confirmed its intention to exercise its top-up rights pursuant to the investor rights agreement (El Cobre project, Veracruz).  Fresnillo plc announced changes on its Board of Directors (La Herradura mine, Sonora). Oroco announced an option to purchase 40M shares of Aztec Copper Corporation (Santo Tomás project, Sinaloa). VVC announced changes on its Board of Directors (Samalayuca project, Chihuahua).

 

ON MEXICO ISSUES

  • No relevant news.

ON EXPLORATION

  • One World Lithium Inc., announced that a truck mounted RC drill rig is moving to its the Salar del Diablo project in Baja California Norte. The company plans to drill 4,250m in 12 holes to drill-test three geophysical anomalies covering more than 54 Km2, a large geochemical anomaly that covers 150 Km2, and geological structures.
  • Silver Viper Minerals Corp., identified new drill targets based on surface geochemistry and prospecting at its Virginia project in Sonora. These new targets are located south and east of the El Rubi discovery, and will be tested during the next phase of drilling to be conducted on the property. Also, the company will carry out a 720 line-km magnetic and radiometric survey over the El Rubi and La Gloria targets for a total coverage of 4,900 hectares.
  • Radius Gold Inc., re-started drilling at its Amalia project in Chihuahua, where last year, drill hole AMD18-009 in the San Pedro structural zone intersected 7.08 g/t Au and 517 g/t Ag over 26m, including 14.71 g/t Au and 1,378 g/t Ag over 5m. The company plans to drill 2,000m to test immediately below and on strike of the hole AMD18-009.
  • Silver Spruce Resources Inc., announced that its ongoing field exploration work continue expanding their drill target areas and has identified new veins at its Pino de Plata project in Chihuahua. “Detailed mapping of the property including the expanded area of strong alteration at the Terrero target has been the focus of our current field work. Several new veins have been mapped and systematic analysis with our handheld XRF instrument is underway providing real time data on mineralized areas. Pino de Plata has obvious potential with multiple mineralized drill targets.”
  • Discovery Metals Corp., increased the anomalous area to 1.5km long by 300m wide at its Minerva project in Coahuila. Surface sampling returned encouraging results with values up to 997 g/t Ag, 31% Zn, and 13% Pb. “The strong Ag-Zn-Pb grades of surface anomalies plus the dimensions of the corresponding areas suggest the presence of a robust carbonate replacement system”.
  • Kootenay Silver Inc., reported sampling results and the discovery of a new vein at its Copalito project in Sinaloa. Six samples collected on the La Chiva vein returned Ag grades between 33 and 1,190 g/t Ag, including a sample with 1.7 Kg over 1.5m; fourteen samples taken on the Pilar vein returned grades from trace to 233 g/t Ag; and ten samples collected on the new vein called Chente returned grades from 4 to 68 g/t Ag and from traces to 2.62 g/t Au.
  • Gainey Capital Corp., received an environmental permit to drill up to 32 holes at its Las Margaritas project in Durango. The low sulphidation epithermal vein system at Las Margaritas has never been drilled and the upcoming program will be focused on the best mineralization exposed on surface with grades up to 73.7 g/t Au.

ON MINING

  • McEwen Mining Inc., released Q1, 2019 production results from its El Gallo mine in Sinaloa. The company continues recovering Au from residual of the heap leach and produced 5,413 Oz Au.
  • Great Panther Mining Limited, reported Q1, 2019 production results from its Topia mine in Durango and from its Guanajuato Mine Complex in Guanajuato. At Topia, the company milled 20,232 tonnes with grades of 1.09 g/t Au and 336 g/t Ag to produce 380 Oz Au, 203.6K Oz Ag, 1.08M Lb Pb, and 1.48M Lb Zn. Metallurgical recoveries for Au and Ag were 53.4% and 93.3% respectively. At its Guanajuato Mine Complex, the company milled 49,422 tonnes with grades of 2.07 g/t Au and 102 g/t Ag to produce 2,749 Oz Au and 134.8K Oz Ag. Metallurgical recoveries for Au and Ag were 83.7% and 83.3% respectively.
  • Consolidated Zinc Limited, reported March 2019 production results from its Plomosas mine in Chihuahua. The company milled 3,855 tonnes with grades of 12.4% Zn and 1.5% Pb to produce 1.07M Lb Zn and 125.4K Lb Pb.
  • Coeur Mining Inc., released Q1, 2019 production results from its Palmarejo mine in Chihuahua. Coeur milled 378,987 tonnes with grades of 2.18 g/t Au and 144 g/t Ag to produce 23.2K Oz Au and 1.3M Oz Ag. Metallurgical recoveries were 83.4% for Au and 72.8% for Ag.
  • Endeavour Silver Corp., presented Q1, 2019 production results from their four Au-Ag mines in Mexico. The company produced 1M Oz Ag and 10K Oz Au. Figures for each of their Mexican operations is shown in the table below:

  • Fortuna Silver Mines Inc., reported Q1, 2019 production results from its San Jose mine in Oaxaca. Fortuna milled 256,643 tonnes with grades of 1.71 g/t Au and 267 g/t Ag to produce 12.7K Oz Au and 2M Oz Ag with metallurgical recoveries of 90.14% and 90.76% respectively.
  • Fresnillo plc., announced production results from their several Mexican operations. A total of 13.1M Oz Ag, 211K Oz Au, 27.2M Lb Pb, and 4.8M Lb Zn were produced during Q1, 2019. Figures by mine are shown in the next table:

ON FINANCING

  • One World Lithium Inc., closed a second tranche of its non-brokered private placement for CDN$ 525,675. Including the proceeds from the first tranche, the company has raised CDN$ 1,774,550 under the offering, leaving CDN$225,450 of the offering yet to close. Net proceeds will be used to fund the drilling program at its Salar del Diablo in Baja California Norte.

 

ON RESOURCES AND DEVELOPMENT

  • McEwen Mining Inc., announced that the FS and permitting are progressing at its El Fenix project in Sinaloa, and expects to complete the FS on Q2, 2019.
  • Fresnillo plc and MAG Silver Corp., announced that their Juanicipio project in Zacatecas has been approved for development by their respective Boards of Directors. Fresnillo will be the operator of Juanicipio and holds a 56% majority stake. Construction will commence immediately and is expected to be completed in late 2020, with a life of mine of 12 years and a total average annual production of 11.7M Oz Ag and 43.5K Oz Au. The Juanicipio development is expected to create approximately 2,750 jobs during construction and 1,720 jobs once at full production.

ON DEALS AND CORPORATE ISSUES

  • One World Lithium Inc., announced the engagement of Kaye Wynn Consulting Inc., as its IR firm (Salar del Diablo project, Baja California Norte).
  • Sierra Metals Inc., announced changes of its Board of Directors (Cusi mine, Chihuahua).
  • Goldcorp Inc., obtained a final order approving the plan of arrangement that allow Newmont Mining Corporation to acquire all outstanding common shares of Goldcorp. Goldcorp and Newmont expect to close the transaction in Q2, 2019, and the combined entity will be called Newmont Goldcorp.
  • McEwen Mining Inc., announced that are exploring the potential sale of their Mexican assets (El Gallo and Fenix projects, Sinaloa).
  • Azucar Minerals Ltd., reported that Newcrest confirmed its intention to exercise its top-up rights pursuant to the investor rights agreement. Top-up rights in favour of Newcrest entitles it to maintain its pro-rata interest in Azucar, and the right to designate one nominee to the Board of Directors of Azucar. (El Cobre project, Veracruz). 
  • Fresnillo plc., announced changes on its Board of Directors, appointed Mr. Luis Robles as an independent non-executive director of the company (La Herradura mine, Sonora).
  • Oroco Resources Corp., announced that its affiliate Altamura Copper Corp., has acquired an option to purchase 40M shares of Aztec Copper Corporation. At the time of their issuance, the Aztec shares represented in excess of 90 percent ownership of Aztec (Santo Tomás project, Sinaloa).
  • VVC Exploration Corporation., appointed Ms. Emily King to its Board of Directors (Samalayuca project, Chihuahua).

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

 

On the picture above, an active hot spring system in a prospect in Queretaro, Mexico.  Photo by Miguel A Heredia.

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GENIUS vs. UNIVERSITY

You send me many letters asking me to write my business plan. It is right that you are interested in my opinion. I worked in different universities of the world. I communicate a lot online with different people.

I can share my independent opinion about mining in the world. Everywhere is the same. They promise to do this work and go to the laboratory to do experiments. Next on luck. It turns out or not. 

There is no laboratory in the world has enough equipment and specialists to create new generation technologies. Problems are growing. Traditional types of ores are running out but for new ores there is no technology.

I did a little calculation. How much money is needed to create a modest modern ore benefication laboratory.
1. Buildings and facilities – 20 million dollars
2. Equipment and apparatus – 15 million dollars
3. Monthly expenses are more than 15-20 million dollars per month.

At full load, this laboratory and design organization can perform work for a maximum of 2-3 million dollars per month. This whole company of specialists from around the world will be able to perform work only in a close-knit team: because each of them knows only his own problem and does not control the whole situation in the complex.

This means that every month you lose 18-12 million dollars per month (216-144 million dollars a year). You also spent another 35 million on equipment and building. Also You have to spend several million on staff training.

Let’s say that you went the traditional way. You invested hundreds of billions of dollars (for 50-100 years). You have trained hundreds of new specialists, opened new research institutes and laboratories, and issued hundreds of scientific grants. And so, 50-100 years passed, but a miracle did not happen. If you have not yet done this, then stop, and do nothing.

Universities understand that they have no such opportunities, but they really want the money. They create a fairy tale for investors on paper. Next to the sign that this is a student’s educational laboratory of ore beneficiation, new ones will appear: Innovation Center, Technology Center, Technology Certification Center, Certification Center of raw materials (ore, waste), Center for complex processing of raw materials, Laboratory for waste processing and so on.

If earlier it was a backward laboratory with old non-working equipment measuring 100 square meters, now, according to documents, this is a certified scientific center measuring 200-600 square meters and with the latest stunning equipment worth millions dollars.

They enter into their documents famous people who do not even know it. I learned many times that someone enrolled me in my project or scientific school without my consent and permission.

They draw up the necessary documents and begin to search for the simpleton. However, they have no idea what they will do.

I know many such examples. If a researcher can just “eat money” for years without getting the expected final result, then he will do so (Murphy’s Law). The increase in funding for research will only exacerbate this situation.

I suggest that you bypass the path of traditional development.

I considered the costs and did not create a laboratory. I created “PETROVSKY´S MATRIX”.
For many years I have been working on creating a “Mineral Benefication Information System”. I create it with my own money and am the only copyright holder.

This system you need. I don’t need it.

I can create 5 competing technologies for any ore without any information system. It is very difficult and only I can do it. In fact, “Mineral Benefication Information System” will be my only competitor.

You need my “Mineral Benefication Information System” and “Petrovsky’s Matrix”.

No need to teach anyone. For this, you will need centuries of hard work and the abandonment of all your stereotypes, theories and delusions. I think that for you it is almost impossible in the near future.

You need just to create a my smart system and let it work.

You do not need hundreds of specialists in the field of mining, but only a few people to interact with the expert system”Mineral Benefication Information System”. An independent expert system will describe the real situation (only if it is correctly taught) and will give you the accurate way of solving the problem.

Therefore, if we are talking about relatively small investments (about USD 10-20 millions), then I can recommend you to invest in me, this is the most reliable investment.
So, my business plan is an investment in me and under my name. Then we decide what is best for you, we can determine in detail the larger investments (under USD 1 billion and more).


You choose.

Sincerely, Ph.D. Natalia Petrovskaya

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Dear all

I am happy to be a new member here.

Even more, I would like to share with you the latest edition of the EFEE Newsletter. There's several good technical and scientific articles from the mining and explosives industry. The Newsletter is free to share to anyone who would be interested.

If you wish to have more information about the EFEE Newsletter or advertising opportunities or even the federation itself, you are very welcome to contact me.

Just click here: EFEE Newsletter

Next edition in May!

Greetings,

Teele

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Interested to get feedback from mining professionals regarding rubber wear linings in terms of technical needs and requirements?  Do existing wear linings for bucket reclaimers, trucks and chutes perform as required and have a long enough life? 

Could quarries and mines benefit in terms of cost savings or production output yields if wear linings and conveyor belting had a longer life in use?

Are there any major elastomer wear lining problems that currently need a solution and extended life in use?

What expectations would a mining professional have in terms of technical performance and the lifecycle of the wear lining or belt product?

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The effect of lightning in the mining industry

Lightning has a huge effect in the mining industry. An example is the accident in Porgera gold mine in New Guinea in 2006, in which a lightning strike implied electricity shortages for more than three months, implying daily losses of 700.000$.

Read more about the effect of lightning in the mining industry and how to pervent potential accidents: http://bit.ly/LightningWarningSystemMining

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European Space Agency Funding Mining Services

Hi everyone, 

I wanted to share an opportunity with the European Space Agency: https://business.esa.int/funding/invitation-to-tender/mining-kick-start  

The European Space Agency is providing funding for the development of mining services that use satellite data e.g. satellite imagery to monitor mining sites, GPS to help machine guidance 

Hope it looks interesting.  

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OHS. Dust safety.

Dear Mining Industry Professionals,

I am working in Occupational Health and Safety field, specifically in mining and quarrying.

I'm happy to share the news about occupational dust-related diseases like silicosis, "black lung" etc. along with regulations and recommendations to protect workers from dust exposure.

 

Here is the first article about respirable crystalline silica regulations update.

OSHA developed the guidance to employers and employees regarding final rule regulating occupational exposure to respirable crystalline silica in general industry. 81 Fed. Reg. 16286. "OSHA noted that the use of clothes-cleaning booths would be permitted because although such booths use compressed air to clean clothes, the dust is “blown out of the employee’s breathing zone and is captured by a filter.” 81 Fed. Reg. at 16797."

https://www.osha.gov/dsg/topics/silicacrystalline/SilicaGeneralIndustryFAQs.pdf

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Internship

hi sir, am Shankar from India, completed mining engineering in September 2018 with 65%. I have done 1 Month training in Singareni Colleries Company Ltd. in Telangana, India.

Looking forward to contiune my career in Mining Industry, Am a person like to take risk and challenges in life. Came here to post that am actively seeking for internship or Jobs in Mining Industry.  

Please help me sir.

Thanks

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Trolley Feasibility

Hello all,

Just signed up with the group and kudos to Harald for setting this up.

Interested to see if any group members have experience with operating or the technical evaluation of trolley assisted haulage. I am interested in evaluating the technology for our project, but relevant experience seems hard to find.

Looking forward to your replies

 

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St. Barbara's Day - 4th of December

St Barbara’s Day – 4th of December

A special day to pause and to appreciate the people dedicated to the mining industry, and celebrate the rich endowment of mineral wealth that underpins much of our global economy and provides hope for the future. It is a time for fellowship and fraternity, and to remember those who have been lost in our industry throughout the past year.

 

(https://www.imwa.info/lagniappe/160-holy-barbara-patron-saint-of-the-miners.html)

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Mining, Reclamation, and Surety Bonds

Hi Everyone,

 

Thank you so much for adding me into this amazing and fascinating world.  I am very new to mining, strip mining, blasting, reclamation, etc.  My interest level comes from the level of surety bonds.  I am not sure this is even allowed here on this site but I wanted to let people know that when bonds are required for your work I have markets that are willing to entertain the requests.  I have helped many people place these types of bonds.

 

Please feel free to email me at rbredow@aauins.com should you want to discuss a certain situation, risk, or bond.  I may be able to help.  Thanks again!

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I am a mid-career mechanical engineer, and I am cosnidering a career change with the mining industry as my top area of interest. I have a long held fascination with the industry as my father, an accomplished geologist, worked in the exploration side for many years.

My question for members is this: I would expect there is always a training process for new hires at any company,but for someone who has been out of school for a couple of decades, what essential training, certification work or schooling can one add to their resume or academic background to make them a stronger candidate for employment in this field?

Thanks!

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Welcome to the spam free alternative Mining related discussion forum on the internet.

This forum was erected due to the recent changes LinkedIn made for group owners and managers. As a result of this, group managers are not able any more to prevent promotional posts (spamming) to members that clutter the technical discussions.

Again, welcome to the group, and to any of the various subgroups, and we are looking forward to your participation in the discussions!  (https://miningindustryprofessionals.net)

 

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