Post by
doomz78 on Feb 08, 2013 9:15am
palladium stream.
Does anyone know how much palladium per year we ar going to get from these guys in 2014?
Comment by
unlimited_aw on Feb 08, 2013 10:56am
That is kind of hard to say, as the grades at Serra Pelada are the best hidden secrets in mining land. If my assumptions are correct it is around 11,000 ounces. Mining rate: 1,000 tpd Production days a year: 340 (= 340,000 tonnes a year) Grade: 4g/t Recovery: 71% (=31,000 ounces a year) Sandstorm's share: 35% (11,000 ounces) 4 g/t recoveryworld. in the world
Comment by
elmothefearless on Feb 08, 2013 11:54am
Yep those grades were about what I have been told to expect as well unlimited aw, I came up with a similar # of ounces At today's palladium price, 11,000 oz's x ~$650 profit = ~$7,000,000 / annum Not too shabby!
Comment by
bob4977 on Feb 08, 2013 12:00pm
I agree with those numbers as well. The only thing is the palladium will not be brought on stream until some time in 2H 2014 so that would be our profit for 2015. Bob
Comment by
doomz78 on Feb 09, 2013 8:17pm
How many years will Collosus minerals produce in seraPlata????? 5, 7, 15 years? Any guesses? Thanks for the last answer btw. 7 million per year is solid!!!