Ann: Suspension of Operations at Nifty Copper Mine, page-120

  1. 3,270 Posts.
    lightbulb Created with Sketch. 2209
    Just to harp on about the Renison grade and quality for a bit longer... just saw the below video of guys getting financing and ramping up a tin mine in Namibia - 800tpa of concentrate, mining 0.15% Sn. Now they are mining in an open pit with low strip ratio but the cost is going to be significantly higher - some US$15k/t. This is the type of projects Renison is competing against - no wonder why some are predicting supply/demand equilibrium at US$25k/t in a couple of years... can you imagine Renison mining 2% ore at US$25k.. no wonder someone is chasing this strategic asset.

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