some stuff i've not seen before but no date but expect recently as the Gemini table was mentioned which has only been recently installed... a couple written before this one.....
"Refining of the gold has been awaiting installation of a Gemini table in the mill as the concentrate product being produced from the Wilfley table has proved too erratic in grade or not of sufficiently high grade often enough. Now the Gemini table has been installed all of the concentrate product on site will be re-tabled to deliver products that can either be refined or profitably CIL treated. This process was decided upon after substantial metallurgical tests and in concert with independent parties and with refiners such as Focus and Gekko. As ever the milling and refining is a work in progress."
and this (part off)
"We are developing Burns as announced and as has always been flagged and known, it's a highly laminated but thin ore source so dilution is a factor that has to be observed carefully and countered through careful mining and planning. This causes lower tonnages as explained in a previous blog post. Dickenson was an area where the stope edge data left by WMC looked very promising and being on 4 Level and close to the shaft a decision was taken to develop it. Clearly mining took place there after WMC pulled out - locals tributing it most likely and there's little or no data about this. So when the grade there did not reflect the 8-10gt we thought we could easily get, we took it off the near term mining plan. This removed perhaps 30KT from the plan which is a lot of near term tonnage. As Mike Botting has probably tried to explain in announcements, the key here is getting a sustainable mining plan - no matter where from (MSGM or others) and this is our medium term goal."
MCO could not get 8-10gt from Dickenson yet in the Richard Karn report he mentioned that MCO were getting 3-4 times higher than expected, near historic grades....... so who was selling then?
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Held
