American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) is a resource exploration and development company focused on establishing itself as a low-cost, top-tier molybdenum producer.
Views: 710 InvestingNews
Produced by the Marion Power Shovel Company, this fascinating movie looks at copper and copper mining in the 1960s, when the American mines were at peak production and financial troubles loomed. The film looks at the future of mining, including the development of efficiencies to keep mines in business. Open pit mining techniques are shown, with a focus on the Southwest. At 2:00, Bingham Canyon and the Utah Mining Company pit (also known as the Kennecott Copper Mine) is seen. At 2:40, various open pit mines are seen which use either trucks or trains to remove ore. Although they are not named, it's likely that one of them is the Phelps-Dodge mine at Bisbee, Arizona. At 5:40, exploratory core drilling is shown. At 6:30, exploration programs are shown including at 6:43, an engineering team that maps mine development. Various drill systems are seen at 9:00, including the rotary drill. At 10:30, preparations are seen towards using explosives with the burying of dynamite and detonators for excavation. At 12:12, loading of explosives is seen with an emphasis on safe handling. At 14:51, a cage drill is shown in use allowing rocks to be drilled in the field (without being moved by shovels) for explosive removal. At 16:00, a small 4.5 yard bucket shovel is shown being used to move blast debris. At 16:00, a 6-yard loading shovel is seen. At 17:49, overburden waste from the pit is loaded on a train so that it can be moved and dumped at a remote area. At 18:50, a 13-yard shovel is seen in use with a large truck also in use. As the narrator explains, these large size equipment is needed to lower unit costs of copper, and are an economic necessity given the modern financial conditions. At 19:52, the motorized wheel principle of new types of mining trucks is seen, and the narrator comments that next generation trucks will carry over 100 tons of ore. At 22:55, a grader is seen working the mine roads, and the narrator comments about how tires wear out so quickly on the job that they account for up to 1% of mining costs. At 24:30, railroad trains are shown on the move at a mine, moving 60-125 ton per car loads. The narrator comments further on the use of railroads in pit mining. At 26:30, a large shovel is seen loading a train, sprinkling the loads with water to hold down dust. The large boulders in the loads make this type of work dangerous. At 27:16, ore loads are dumped into a crusher at a mill site. At 27:40, a rail waste dump into a slag pile is seen. At 28:00, a train-based grader is used to clear tracks of debris. The narrator notes that the mining railroads are some of the busiest in the USA and the world. At 28:44, new tracks are installed due to various demands, and mechanized railroad ballast systems are used for fast track installation. At 31:20, a skip hoist is seen being used to take ore from a deep, small pit to the surface. At 32:50, a series of leeching ponds is seen, with water percolated through the ponds to precipitate copper. At 34:00, a machine shop is seen at the mine, providing repair and maintenance services at the mine. At 35:40, a heavy repair part is unloaded at the mine using a power shovel. At 36:00, a research laboratory is seen at work, developing new uses of copper in the atomic and other industries. At 36:40, the IBM Ramac computer is seen. The IBM 305 RAMAC was the first commercial computer that used a moving-head hard disk drive (magnetic disk storage) for secondary storage. The film ends with a shot of a heap of pennies, with the narrator noting that the industry is working hard to expand production to fulfill future needs. The Bingham Canyon Mine, more commonly known as Kennecott Copper Mine, is extracting a large porphyry copper deposit southwest of Salt Lake City, Utah, in the Oquirrh Mountains. The mine is the largest man-made excavation in the world and produced more copper than any other mine in history – more than 19 million tons. The mine has been in production since 1906, and has resulted in the creation of a pit over 0.6 miles (970 m) deep, 2.5 miles (4 km) wide, and covering 1,900 acres (770 ha). Marion Power Shovel Company was an American firm that designed, manufactured and sold steam shovels, power shovels, blast hole drills, excavators, and dragline excavators. The company was a major supplier of shovels for the construction of the Panama Canal. Founded in Marion, Ohio in August, 1884 as the Marion Steam Shovel Company, the company grew through sales and acquisitions throughout the 20th century. The company changed its name to Marion Power Shovel Company in 1946 to reflect the industry's change from steam power to diesel power. This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD, 2k and 4k. For more information visit http://www.PeriscopeFilm.com
Views: 5226 PeriscopeFilm
Discuss this with us on InformedTrades: http://www.informedtrades.com/776749-mining-costs-defined-1-cash-costs.html Learn more about mining stocks in the precious metals section of our University: http://www.informedtrades.com/f417/ Read reviews of newsletters covering mining stocks: http://bit.ly/IT-stocks
Views: 1732 InformedTrades
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Views: 2209 Beautiful Place, Event
In recent years, increasing demand for mineral resources has pushed mining companies to go farther and deeper in search of new deposits. Among these new frontiers is the homeland of the Subanens - a semi-nomadic tribe in the southern Philippines - where a foreign company is mining what the tribe considers a sacred mountain. Heda Bayron visited the tribe's home in the village of Canatuan and reports on a community trying to safeguard its traditions as the global commodities trade encroaches.
Views: 5073 VOA News
Jason Burack of Wall st for Main St had on gold and silver mining and oil and energy expert, Steve St. Angelo of the SRSRocco Report http://srsroccoreport.com/ on for an in depth interview. During this 50+ minute interview, Jason asks Steve about the costs to operate a modern primary gold and primary silver miner. Jason and Steve discuss how since ore grades have fallen so much over the decades how they have made it difficult for miners for have high margins. Jason asks Steve how miners have survived in the past when gold and silver were below their all in production costs in the mid 90s. Steve cites one miner, Coeur D'Alene Mining, who sold hundreds of millions more shares diluting shareholders to survive. Jason and Steve discuss whether miners can sell many more shares in this environment. Jason doesn't think that's likely considering what he hears from his contacts in Toronto and Vancouver where miners normally get financed how there's basically no debt or equity available anymore, except in small amounts at penalty/punitive rates. Jason asks Steve about primary copper miners and what will happen to the gold and silver by-product when the hedges of copper miners come off line and copper miners go bankrupt or shut down mines. Steve thinks this could cause a supply squeeze in the near future unless gold and silver prices rise. Jason and Steve talk about the fundamentals of the market how demand for physical is rising, while the paper price is controlled and how miners are struggling mightily financially just to not go bankrupt soon. To wrap up the interview, Jason and Steve discuss the oil and energy markets, peak oil and how the fracking boom is about to turn into a fracking bust because US shale oil companies are not making a profit without their hedges, they have too much debt and the energy returned on energy invested (EROEI) in shale oil is poor compared to other oil production. Steve and Jason also talk about solar power and how it's probably not a panacea to replace oil and natural gas, at least not until the battery problem is solved. Most rare earths mining is done in China to produce solar panels, making them not as environmentally friendly as people think and silver industrial demand should grow the more solar panels are used. Please visit the Wall St for Main St website here http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Mo Dawoud on Twitter @m0dawoud Follow John Manfreda on Twitter @JohnManfreda Follow Wall St for Main St on Twitter @WallStforMainSt Also, please take 5 minutes to leave us a good iTunes review here! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat, Bitcoin, gold or silver, Wall St for Main St accepts donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it!
Views: 4201 WallStForMainSt
PolarX Ltd (ASX:PXX) managing director Frazer Tabeart updates Proactive Investors on recent high-grade copper and gold assay results from its Alaska Range Project in the USA. The results indicate the potential for flat-lying and thick near-surface mineralisation, suitable for low-cost open pit extraction, and extend the sub-horizontal mineralisation encountered in previous drilling. “We’ve got 40-50 metres thickness of high-grade mineralisation, almost from surface, and that mineralisation is a little bit of different from what we’ve seen before inasmuch as it’s flat-lying and very thick,” Tabeart says. He continues, “if we can drill that out over some area we can have a fairly large open-pittable resource, as opposed to an underground mining proposition for the remainder of the resource.”
Views: 91 Proactive Investors Stocktube
Proposals for an open cast mine at Nant Llesg, Rhymney will soon be submitted by Scottish developer Miller Argent. This will be a huge surface mine that would remain in operation for 17 years and excavate around 6m tonnes of coal from an area of around 3,000 acres - its eastern edge being just 500m from the town of Rhymney. Green Valleys Alliance is a consortium of local businesses with backing from the local community that launched its opposition to the proposals in July. The Alliance is concerned that the mine will have a negative impact on local jobs and investment in the area, be detrimental to the environment and people's quality of life and could make the local population vulnerable to long term health risks. Local businessman Mitchell Field, who employs 140 people at Rhymney-based cosmetics business Richards & Appleby Ltd and features in the video, said: "We have decided to release this video to highlight the negative impact that these proposals will have on the local area and show people exactly why our group is opposed to the creation of this mine." "The video shows the areas that will be affected - lush green fields and farm land that will be completely destroyed - and highlights our concerns about the real risk of job losses and economic decline in the area if this mine goes ahead." To find out more visit www.greenvalleysalliance.co.uk, like on facebook.com/greenvalleysalliance or follow @valleysalliance on Twitter.
Views: 2609 Green Valleys
ASARCO’s Ray Mine operation is a 250,000-ton-per-day copper ore open pit mine that produces approximately 100 million pounds of copper each year. ASARCO (American Smelting and Refinery Company) was established in 1899 primarily as a lead and silver smelting and refining company. Today, it is primarily a copper mining, smelting and refining company, and is a wholly-owned subsidiary of Grupo Mexico. As general manager of the Ray operation, Mike Kotraba is always seeking new ways to keep costs low and improve production throughput. Most recently, the question that plagued him concerned the low-quality copper material that had to be recirculated through the primary SAG (semi-autogenous grinding) mill. What would be the net impact on SAG throughput if the operation could remove the recirculating load from the mill, he wondered. In less than a month, ASARCO Ray Mine had its answer. Thanks to the use of a KPI-JCI and Astec Mobile Screens SuperStacker, the mine saw increased mill throughput and reduced costs. In the first three months of use, ASARCO has removed approximately 500,000 tons of reject material from the SAG mill circuit, saving the company between $750,000 and $1,000,000. These savings come from: 1) reduced costs (by not crushing and recycling the sub-grade recirculating load); 2) increased SAG throughput (by rejecting the sub-grade recirculating load thereby opening-up additional SAG volume for more fresh feed), and 3) increased copper production (by adding higher grade, fresh feed to the process).
Views: 11916 KPI-JCI and Astec Mobile Screens
This video demonstrates the benefits of using simulation in the mining industry. Benefits range from validating design, stakeholder communication, determining financial trade-off points, delaying cost, balance between CapEx and OpEx. Simulation models allow engineers and managers to compare mine operations across multiple scenarios by tweaking many variables at the same time. Contact MOSIMTEC for a free chat about its applications and how we can help identify bottlenecks in your operations.
Views: 29305 MOSIMTEC
This is the final video in a 3 part series that defines the different cost categories for mining. In this video, we look at what is referred to as complete costs. Discuss this with us on InformedTrades: http://www.informedtrades.com/777403-silver-costs-3-complete-costs.html Learn more in the precious metals section of our University: http://www.informedtrades.com/f417/
Views: 618 InformedTrades
Get this spreadsheet: http://www.smarthelping.com/2016/11/financial-model-for-open-pit-mining.html Explore all of smarthelping's financial models: http://www.smarthelping.com/p/excel.html **Updating with a DCF analysis, better logic on IRR and ROI basis, better instructions for assumption inputs / value per tonne of ore, and more dynamic cost referencing. There was a fair amount of research that went into gathering all the costs and dimensions needed to give potential miners an idea of the financial implications of running an open-pit operation. One of the more unique features of this financial model is the ability of the user to enter the % of a given ore they expect to have in each tonne of actual ore produced. This ranges from gold and silver to gravel and clay.
Views: 2715 smarthelping
IndustriALL has released a documentary film on the effect of the strike at the Grasberg mine on workers and their communities Thousands of workers at Freeport's Grasberg mine in Papua, Indonesia, have been without work since being fired for taking strike action in May 2017. Workers are paying the price in a dispute between the company and the Indonesian government over control of the world's largest gold mine. IndustriALL has made a documentary film about the effect of the strike on the workers and their families. Workers have lost income, access to health care and education, and in some cases housing. Recently one worker committed suicide after being denied healthcare. The National Commission on Human Rights in Indonesia found that the sacking of thousands of workers was a violation of human rights. It is calling for their reinstatement.
Views: 3569 IndustriALL_GU
Sean Thompson is the Director of Investor Relations for Atlantic Gold Corp. They are a growing Gold producer in Nova Scotia. For the best editorial on Junior Mining visit - http://www.cambridgehouse.com/mining Join us at an upcoming event! http://www.cambridgehouse.com Be part of our investment community: http://www.cambridgehouse.com/ https://twitter.com/cambridge https://www.facebook.com/cambridgehou... https://www.linkedin.com/company/camb... Copyright © 2019 Cambridge House International Inc. All rights reserved.
Views: 885 Cambridge House International Inc.
Trilogy Metals is advancing two high-grade, copper-dominant, polymetallic projects in Alaska’s Ambler mining district. The Arctic project’s pre-feasibility study shows an after-tax US$1.4B NPV with a 33% IRR at $3/lb copper. It has a 43Mmt open pit reserve grading 5% copper-equivalent and its cash costs, net of by-product credits, is only $0.15/lb. The Bornite project already has 6 billion lbs copper and 77 million lbs cobalt while exploration is still ongoing. Trilogy Metals is facing numerous potential catalysts over the next year. Rick Van Nieuwenhuyse is the President and CEO of Trilogy Metals. He has over 40 years of experience in the natural resource sector, including his role as founder, president, and CEO of NOVAGOLD where he led a team that discovered the 40 million ounce Donlin gold deposit in Alaska. Prior to founding NOVAGOLD, Rick was the Vice President of Exploration for Placer Dome Inc. from 1990 to 1997. He possesses years of working experience in and knowledge of Alaska and has managed projects from grassroots discovery to advanced feasibility studies, production, and closure. 0:05 Introduction 2:01 Rick Van Nieuwenhuyse’s background and previous success 4:31 Trilogy’s share structure and who owns the shares 5:40 Trilogy’s burn rate and how the company is funded (South32 partnership) 7:56 Why Trilogy investors are protected against share dilution 9:04 Background on Trilogy’s partner South32 11:05 Trilogy’s liquidation value relative to its market cap 12:14 Overview of the Arctic project’s PFS 17:04 Overview of the Bornite project 20:03 Trilogy’s projects and the environment and native partnerships 21:44 Update on the Environmental Impact Statement for the proposed road 23:45 Upcoming catalysts for Trilogy TSX & NYSE American: TMQ www.TrilogyMetals.com Arctic PFS Overview Video: https://player.vimeo.com/video/298282187 Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Trilogy Metals is a MSE sponsor company. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
Views: 295 MiningStockEducation.com
Hopkins Mining founder Gary Hopkins Sr. shows us how they test samples of ore they get from their mines in Lead ville CO. Hopkins Mining is now offering Gold Bullion at 15% below spot price on their 24 month delivery contracts. HopkinsMining.com
Views: 1176 Gary Hopkins Sr.
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Views: 5 Fannyilrl Carrollpy
Ever wonder how silver mining actually works ? Life inside a mine, the process of drilling and extraction, separation processes and the pouring of silver bars are covered in this second part of a two part documentary on the science of silver mining. Visit http://www.edrsilver.com for more information. Presented by Endeavour Silver Corp. as part of an ongoing series of educational films on all things silver.
Views: 62748 Endeavour Silver Corp
President & CEO of Avino Silver & Gold (ASM:TSX.V), David Wolfin, talks about the company's accomplishments in 2015 and what the future holds. For more videos like this go to www.b-tv.com
Views: 5676 BTV Business Television
Colombian Mines Corporation provides mineral exploration, gold mining, copper mining, silver mining, polymetallic mining including acquiring, exploring and advancing mineral properties in Colombia.
Views: 580 colombianmines1
A detailed analysis of the gold & silver mining sector as well as gold prices.
Views: 258 Right Side of the Chart
Prospero Silver (CVE:PSL) Executive Vice President of Business Development Ralph Rushton joined Steve Darling in the Vancouver Studio of Proactive Investors to talk about their recent deal with Fortuna Silver. The deal is for the Pachuca Southeast project and worth 8 million dollar U.S.. Rushton also talked about the area that projest is in and what the company is looking at in 2019.
Views: 116 Proactive Investors Stocktube
President and CEO of Sabina Gold and Silver Corp., Bruce McLeod talks about the company’s project in a prolific gold belt. "We're a gold development exploration Company. Today our resource is 5.2 million ounces measured and indicated at over 6 grams gold. An additional 2 million ounces in inferred. We're located in the territory of Nunavut Canada; it is a prolific gold belt. We have put a feasibility study out on the Back River gold belt. The challenge has always been the infrastructure of getting equipment and getting people in and out, and that's why we've been focusing so much on this infrastructure improvement program. We have relied almost exclusively on air support for the project. Our first sealift will be upcoming next month, where we’ll be able to bring all our product to the project via Winter Road. Sabina’s ’ competitive advantage is size, we're over 7 million ounces in all categories. It's grade, these are the highest grade undeveloped open pits in the world, over half a million ounces. And our team, we've got a team that this isn't the first time that they've built and executed in challenging and remote locations. You know, we work in an excellent jurisdiction in Nunavut. In long-established mining history, it's a long permitting timeline but we've successfully navigated our way through that. This is a hundred per cent owned by Sabina, so it truly is a unique opportunity and a unique asset class in a fantastic jurisdiction." - Bruce McLeod, President & CEO of Sabina Gold and Silver To see more videos like this one go to www.b-tv.com.
Views: 32889 BTV Business Television
Exclusive from the Silver Summit in Spokane WA, Al Korelin sits down with Dr. Peter Megaw, Founder and Director of Mag Silver (TSX:MAG) to chat about Mexico's gold production. Dr. Megaw explains how internal conflicts in Mexico, the drug cartels, and high gold prices affect the number of mines in production. Click below to download a higher resolution image of the chat referred to by Dr. Megaw: http://resourcespots.com/wp-content/uploads/2012/11/Mexico-Silver-Chart-Final-01.jpg For more information visit: http://www.magsilver.com http://www.kereport.com/ http://resourcespots.com/ Signup here for our most popular new videos: http://www.resourcespots.com/contact/
Views: 823 Even Keel Media
Ever wonder how silver mining actually works ? Silver formation, exploring for silver and a method for measuring the concentration of silver is covered in this first part of a two part documentary on the science of silver mining. Visit http://www.edrsilver.com for more information. Presented by Endeavour Silver Corp. as part of an ongoing series of educational films on all things silver. German subtitles available.
Views: 68766 Endeavour Silver Corp
Global commodity prices have fallen over the past few months. The price of copper has taken a hit because of a slump in demand from China. China consumes 50% of the world's supply of the metal, and that has had a ripple effect in countries like Zambia, which is Africa's second biggest producer. Al Jazeera's Fahmida Miller explains.
Views: 2942 Al Jazeera English
Yale Simpson, the Executive Chairman of Exeter Resource Corporation, gives an in-depth multimedia presentation on the Caspiche Gold Silver Porphyry in Chile. Exeter is currently conducting a drilling program and is undertaking two pre-feasibility studies. Mr. Simpson gives you this presentation on the company's activities and recent developments in the style he uses at major mining conferences around the world. To learn more visit: http://www.exeterresource.com http://www.evenkeelmedia.com Sign up for our FREE Newsletter! https://secure.campaigner.com/CSB/Public/Form.aspx?fid=541179/
Views: 4616 Even Keel Media
TSX:NSU Scott Trebilcock, Chief Development Officer, gives a presentation on his company at the 2015 Metals Investor Forum. Nevsun is operator of the Bisha Mine, one of the highest grade open pit copper mines in the world. With a strong balance sheet and future cash flow, Nevsun is positioned for growth while maintaining a strong dividend. Bisha is a large, high-grade volcanogenic massive sulphide (VMS) deposit located 150km west of Asmara, Eritrea, East Africa. The Bisha Mine benefits from high grade base metal reserves, strong support of the Government of Eritrea and an advantageous location with good local road and port infrastructure. The ≈$250 million Bisha Mine was constructed on-time and under budget from 2008 to 2010. Processing oxide ore, the mine produced low-cost gold-silver doré until mid-2013. Through a $110 million copper expansion project, also delivered on time and under budget, throughput expanded to 2.4 Mtpa supergene ore and the product switched to copper concentrate.
Views: 591 Metals Investor Forum
Diamond and Gold Exploration Mining in Batouri.
Views: 61287 IAK Resources AG
Niton metal analysis of ore samples shows 5.85 oz of Gold per ton @ $1675 = $9802 and 3.24 oz of Silver @ $30 = $97.20 per ton respectively
Views: 328 MedicalAwarenessInst
CLICK HERE ➡ ➡ http://www.DiscoveryVenturesinc.com Located just 100 air miles north east of Vancouver, Best Canadian Stock - Best Mining Company - Mining Stocks - Best Canadian Mine the Bralorne property consists of 35 mineral tenures totalling 5,090 hectares. Home to substantial gold production in its history, considerable ground was left unexplored between existing operating mines.
Views: 11664 Discovery Ventures Inc
I’m not exaggerating when I say that this section of the abandoned limestone mine has the biggest adits (mine tunnels) that I have ever seen – and we have seen a lot of underground mines… It seems apparent that the miners were intent on extracting as much limestone as possible, while maintaining the minimum of what was necessary for the structural integrity of the mine. As such, we encountered adit after adit, all in rows with interconnecting tunnels. These rows of adits extend to the levels above and below too, leaving just a skeleton of stone behind to prop everything up. It really is an extraordinary site. Bear in mind, we only scratched the surface of all that makes up this mine. There are many levels we did not access and many drifts we did not go into. Given the sheer scale of the workings in this section of the mine, we assumed that these workings must be newer than the first underground workings we explored. Some have expressed surprise that the miners did not simply pursue an open pit operation at this limestone deposit. In fact, the remainder of this deposit is being quarried nearby. However, the miners were not stupid and the concrete plant is still in business. So, give them the benefit of the doubt in regard to pursuing the limestone deposit underground in this section. Given how low labor costs used to be and given that earthmoving equipment can handle a lot more now than it could more than a century ago when they started this mine, it was probably more economical for the miners to punch in from the side and to haul the limestone straight out rather than to dig down from the top in order to haul it up and out to be turned into concrete. Again, a big thank you to Alessio for sharing this mine with us... His channel can be found below and he does urban exploration in general, not just abandoned mines! https://www.youtube.com/channel/UCoy6TTAGyJDVPxv9DQrs3LA ***** All of these videos are uploaded in HD, so adjust those settings to ramp up the quality! It really does make a difference… You can click here for the full playlist of abandoned mines: https://goo.gl/TEKq9L Thanks for watching! ***** Growing up in California’s “Gold Rush Country” made it easy to take all of the history around us for granted. However, abandoned mine sites have a lot working against them – nature, vandals, scrappers and various government agencies… The old prospectors and miners that used to roam our lonely mountains and toil away deep underground are disappearing quickly as well. These losses finally caught our attention and we felt compelled to make an effort to document as many of the ghost towns and abandoned mines that we could before that niche of our history is gone forever. But, you know what? We have fun doing it! This is exploring history firsthand – bushwhacking down steep canyons and over rough mountains, figuring out the techniques the miners used and the equipment they worked with, seeing the innovations they came up with, discovering lost mines that no one has been in for a century, wandering through ghost towns where the only sound is the wind... These journeys allow a feeling of connection to a time when the world was a very different place. And I’d love to think that in some small way we are paying tribute to those hardy miners that worked these mines before we were even born. So, yes, in short, we are adit addicts… I hope you’ll join us on these adventures! #ExploringAbandonedMines #MineExploring #AbandonedMines #UndergroundMineExploring
Views: 6332 TVR Exploring
Click for FREE XRC package: http://bit.ly/jquVZF Al Korelin chats with Yale Simpson, Chairman of Exeter Resource Corp. and Co-Chairman of Extorre Gold Mines about how Extorre is moving forward with building its high grade mine in Argentina. They also discuss Extorre Exeter Resource Corporation is a Canadian public company listed on the TSX and NYSE Amex exchanges. Our focus is the discovery, evaluation and development of gold deposits in the Maricunga district in Chile. Exeter's 100% owned Caspiche Project in Chile (with a 3% Net Smelter Royalty to Anglo American Chile Limitada) is a gold-copper porphyry system, a type of deposit common to many of the world's largest open pit gold-copper mines. It is located 15 kilometres (8 miles) south of Kinross Gold's Refugio mine (+6 million ounce gold resource), and 10 kilometres (6 miles) north of the very large Cerro Casale gold-copper deposit (24 million ounce gold resource), owned by Kinross Gold (25%)and Barrick Gold (75%). A new Geological Resource for the Caspiche Project was completed by AMEC in August 2011, which served to upgrade the classification of some material previously considered inferred to higher categories. The new resource contains 1.36 billion tonnes in the measured and indicated categories containing 22 million ounces of gold, 6093 million pounds copper and 49 million ounces of silver. A further 286 million tonnes is in the inferred category containing 2.85 million ounces of gold, 1281 million pounds copper and 8.18 million ounces silver. The resource is inclusive of the project mineral reserves. Extorre released the results of an updated preliminary economic assessment ("PEA") of the Cerro Moro Project on April 2nd, 2012. The PEA highlighted the robust economics of a future mine expected to produce an average of 248,000 gold equivalent* ounces (123,125 oz. gold + of 6.25 Moz. silver) annually during the first 5 years of operations. The cash cost per ounce is estimated to be US$303 per ounce gold equivalent*. Initial CAPEX (Direct Costs) $US 207.3M + $US 39.6M VAT (VAT recoverable), Initial Indirect Costs (EPCM, owners' costs, commissioning) $US 37.2M. The project economics were calculated using gold and silver prices of US$1320/ounce and US$26/ounce, respectively. For More Info, Visit: http://www.exeterresource.com http://www.extorre.com http://www.EvenKeelMedia.com
Views: 511 Even Keel Media
Haiti's copper and silver reserves in its hills are now up for an extensive exploitation by a Canadian corporation that has reportedly damaged the neighboring Dominican Republic. Once this mining plan is authorized while Haiti is under foreign occupation, it could practically leave the country without its ecological, cultural and mineral wealth. Moreover, concerns surrounding the mining venture have been raised as the operation calls for the construction of a deep-water port in the northeastern part of the country, posing a significant threat to their marine ecosystem. The biggest water reservoir that is near the mining operations is at constant risk of cyanide contamination, adding to the reports that the firm has been previously accused of destroying Indian archeological sites by using dynamites on mountain sand. Geologists of the United Nations have documented significant pockets of copper and gold in 1970s but at that time, foreigners were not willing to risk their money in an unstable and corrupt country. Surprisingly, it was not after the 2010 earthquake that outside investment was encouraged and investors discovered a good opportunity. In fact, just 2 weeks after the catastrophe, a Canadian exploration company purchased all the stocks of the only Haitian company which has full permits in exchange for an area of land, practically appearing as a scam. Three companies are already considering prospects of mining in Haiti but at present, only Somine has complete concessions to bring the metals out of the area. The said permits for 31 square miles were negotiated in 1996 during the presidency of Rene Preval and which required the company to hire Haitians. According to the parties interested in the mining prospects: "What we're most excited about is that we found some silver which was never really realized before. It's the first silver discovery in Haiti. Part of the reason why it was never really discovered was that historically there was so much copper prevalent — there's a lot of outcropping at surface. The people who did the work before did not do much testing, even for gold. The geology is a little complex for a copper porphyry, but in a good way. The surprises that we're getting are all good ones." At the end of the day, if Haiti could have a good administration and honest mining companies, it is still possible for it to move forward, said Black Hawk Mining Bulletin Articles
Views: 212 Bruce Wallas
http://goldstocktrades.com Cyprium owns the past producing Las Cristinas Copper and Silver property located in northeastern Mexico and a processing facility. The CEO who resides in Mexico has a previous track record of bringing mines into production. He has chosen this asset as it can possibly reach production in the short term and then sustain the exploration growth with revenue from production rather than just going back to the market to finance drilling through equity. Cyprium is run by Andre St. Michel who has spent the last ten years working and living in Mexico. He previously started a copper-zinc mine where he was responsible for the operation of a mine with annual revenues of $27 million. Management has outlined to me some short term milestones which include results from drilling of around 4,000 meters. Cyprium should also obtain a permit for a 200 tons per day flotation plant at their processing facility. The company is hoping to start mining by the end of this year. Copper was produced from the asset in the early 1970's. Recent sampling results showed a high of close 18% copper and 429 g/t silver. There were some samples that showed high grades near the surface. Cyprium plans to produce an NI 43-101 resource by the end of 2014. The big question is how can they get to production quickly if they are just beginning drilling. This is where the management's experience in production come in handy. The visual evidence of the mineralization appears to be at surface so this means possibly lower capital expenditures and cheaper mining costs. There are old workings with easy underground access. The share structure is tight with only 41.5 million shares outstanding. Over 36% of the shares are held in strong hands by management and institutions. A break above the closing high at $.21 on good drilling news could be significant. Expect volume to possibly increase as more investors become aware of this company. Disclosure: I own Cyprium and they are a website sponsor. Please do your own due diligence.
Views: 231 goldstocktrades
"End of an Era" Brunswick Mine. Shot and edited by Glen Ferguson for www.fergusonaudioproductions.com A historical look at Northern New Brunswick's, Brunswick Mine. Once the world largest zinc mine, this long time economic staple our the region has recently closed. Over 50 years of unique history that changed the provinces Northern communities for ever. Over 7500 employees ,thousands of contractors,students etc worked the mine over its life span.
Views: 23754 The Fishing Musicians
Brian Maher, CEO: We're standing approximately in the middle of what will be our future open pit mining operation here at Magino. From this point right here, there will be an open pit extending about 750 meters west, and 750 meters to the east. We're looking at a net present value (NPV) at a 5% discount rate of almost a billion dollars. Internal rate of return (IRR): 39%. Pay back on capital: only 1.9 years. These are the types of numbers that get us really excited. We're going to focus on that and try to pull those costs down even lower so that when this mine comes into production, it is truly one of the great low-cost operators globally and establishes Prodigy and the Magino Mine as one of the more compelling global mining opportunities throughout the world. www.prodigygold.com
Views: 9214 resourceINTELLIGENCE
To get between 1% up 10 % CASH BACK on your Ebay, Amazon, walmart, etc purchases, click on this link https://www.ebates.com/r/IREALL18?eeid=28187 . If you, sign up & spend $25 or more (BY JUNE 30th 2018), they will actually give you a $10 bonus on top of the 2%. (Percentage will fluctuate) I just started a patreon account for anyone who is interested. https://www.patreon.com/barnone11970 . Each week I will upload one of my videos that I feel is most important...You can also donate bitcoins to help out my channel, here is the bitcoin address 165GkT72wk86iyexCJgsJKUN3gdRkWH2GG Anything is always appreciated so thank you :). To all those who asked how can they donate to my channel, here is the link so you can if you wish... paypal.me/peacefulfeelings . Thank you to all, it really does help LIKE & SHARE THIS VIDEO.... GET THIS INFORMATION OUT. Here is a link to one of many you can check... http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=/netahtml/PTO/srchnum.htm&r=1&f=G&l=50&s1=5676977.PN.&OS=PN/5676977&RS=PN/5676977 Or just google the following numbers 5676977 If you appreciate what I do please share my videos to help others learn what politicians, schools, banks & politicians will never explain to you.... A subscriber asked me what were my top 10 videos that I have made that I think people should watch. Here is my top 20 for people wanting to learn from what I know. Hope you share and hope you learn . Here they are... http://youtu.be/8DtPHrmDtKY http://youtu.be/SP9ZKVwiJ-E http://youtu.be/dz59qtkue18 http://youtu.be/oCjyq-Sq_lY http://youtu.be/KXh1Z2XEeaw http://youtu.be/DFBjlGfzPJ4 http://youtu.be/evSbXYaR3mc http://youtu.be/4IUuSCnEUwA http://youtu.be/ku3eRvfFHck http://youtu.be/dz59qtkue18 http://youtu.be/PRt_CORVqos http://youtu.be/-l1abQ_M93Y http://youtu.be/LiivhUd5jW4 http://youtu.be/w9whMnvbLv4 http://youtu.be/8z3RCgRMIbs http://youtu.be/8AFkykwECTU http://youtu.be/wXzcmDm8v2o http://youtu.be/wLrZNdNG9sw http://youtu.be/Aoeu-bDlRwU http://youtu.be/PC_cQQoEvHE Come be a part of our new facebook page where you can teach or learn from others about what is really going on in this world. You are free to post any of your helpful, education, beneficial & truthful videos/comments/information to help others learn more. Come join this new & fast growing community by pasting this link www.facebook.com/barnone11970 . See you there :). Come Be a Barnone warrior & join the Barnone nation. Subscribe today & show the world we CAN make a difference. :) If you want to see or purchase any of my orgone pyramids, necklaces & my all natural organic products, check out my web store at the following link http://mkt.com/peaceful-feelings-slash-orgone This video is a MUST watch & a MUST share http://youtu.be/dz59qtkue18 Also Check out the following video for the Truth about the United States, law & you http://youtu.be/8DtPHrmDtKY "The following is for educational, informational, or religious purposes. I do NOT offer legal advice. If you need legal advice, please contact a competent attorney and BE ADVISED. This channel offers LAWFUL advice which is different from LEGAL advice." Don't forget to Subscribe "LIKE" and Share my videos :). To all those who asked about how they can donate to my channel to help support it, here is the link paypal.me/peacefulfeelings To all those who asked how can they donate to my channel, here is the link so you can if you wish... paypal.me/peacefulfeelings . Thank you to all, it really does help. You can now donate bitcoins to help out my channel, here is the bitcoin address 165GkT72wk86iyexCJgsJKUN3gdRkWH2GG
Views: 2359 Barnone11970
The Kutcho Copper (TSX-V: KC) project in British Columbia sports a pre-tax NPV of C$265 million yet has a market cap of just C$20 million. It’s high-grade, with average copper-equivalent grades just under 3%. It has a strong partner Wheaton Precious Metals, which has already put up millions in non-dilutive capital to advance the project through feasibility.
Views: 21265 Outsider Club
The Kalgoorlie Super Pit in Western Australia's goldfields region is a sight to see! The machines that work this goldmine are GIGANTIC! Check out extreme machines from around Australia here! https://www.youtube.com/watch?v=gQLK84vhDLA&list=PLzxTGsHDKnKUmLrRvd3X-kquy6LDjRp_H : Please subscribe for more great outback videos : © OZOUTBACK All rights reserved 2018. Any reproduction or republication of all or part of this video/audio is prohibited
Views: 2773 Oz Outback Family
The people intervene Imperial Metals Red Chris Mine meeting on unceded Cost Salish Territory. Imperial Metals: Is Mining Worth The Risk? Imperial Metals Mount Polley open pit mine breached on August 4, 2014. The Mount Polley tailings breach is the largest environmental disaster in BC history. The breach discharged 24.4 million cubic meters of wastewater, tailings slurry, and construction waste into Polley Lake, Hazeltine Creek, Quesnel Lake, Quesnel River, and the Fraser River watershed: -10 million cubic metres of wastewater -13.8 million cubic metres of tailings slurry containing nickel, lead, arsenic, zinc, copper, vanadium, cadmium, cobalt, phosphorous, antimony, manganese, mercury, and selenium -0.6 million cubic metres of construction waste from the dam The Quesnel Lake watershed is host to the second largest sockeye salmon run in the world. 63% of the provincial population is d ependent on the Fraser River watershed. There has been no significant clean up carried out. Witnesses in the area of Mount Polley have seen Imperial Metals burying the toxic tailings waste, rather than removing it from the environment for clean up. Secwepemc First Nation have described the Mount Polley spill as the end of a way of life due to the destruction of wild salmon. Experts advise the impacts of Mount Polley will be felt for at least the next 25 years. The financial losses to fishing will be at least $1 billion over the next 25 years. The province of BC and Imperial Metals have violated and continue to violate international laws regarding “the right to safe and clean drinking water” as set out in UN Resolution 64/292. Results of a third-party review into Red Chris mine on Tahltan territory says it has the potential to cause significantly more environmental damage than Mount Polley. Red Chris mine's storage facility is much larger than Mount Polley, but it uses the same structure and technology as Mount Polley. Imperial Metals President Brian Kynoch envisions that production at Red Chris will be 5 times the scale of Mount Polley. A 2012 U.S. Based peer-reviewed study on tailings storage facilities, concluded that 28% of all copper mines experience partial or total tailings dam failure. Because tailings storage facilities contain heavy metals and toxic chemicals, they need to last forever. Mount Polley lasted 14 years before total failure, although it had experienced partial failures prior to the disaster of August 4, 2014.
Views: 839 RJ