MDL mineral deposits limited

speculation or investment, page-5

  1. 1,255 Posts.
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    That would be about correct;

    From the MDL Business Review 2008:
    - The inferred heavy mineral resource for the main deposits has been estimated at 1.33 billion tonnes of sand averaging 2.5% heavy mineral at a cut-off of 1.5% heavy mineral.

    From MDL Grande Cote Zircon Project booklet:
    - Mine 52 million tonnes of sand per year
    - Mine life 25 years

    Also, there are new opportunities (markets) with leucoxene, rutile and secondary ilmenite which was once only considered as surplus.

    Sabodala is a bonus with MDL, the zircon project is the real money-maker for the company.
 
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