St Augustine Gold and Copper Ltd T.SAU

Ramp up the mining industry

[FredZarfloon]

"The Marcos administration is moving to ramp up the mining industry in the Philippines as part of its plan to grow the economy amid the pandemic"

https://www.philstar.com/business/2022/09/10/2208577/philippines-rejoins-transparency-initiative-mining

[RealityCheck123]

Whoopee.  Kingking is not economic.  

[rapid_fire_]

This post has been removed in accordance with Community Policy

[RealityCheck123]

Here I correct you.   Until a compliant preliminary or final feasibility study is prepared releasing PROVEN/PROBABLE RESERVES it has not been demonstrated to be economic.  Therefore, uneconomic until demonstrated otherwise.  Echo Bay Mines and Kinross knew this.  They were the last mining companies (+20-years ago) who evaluated and walked.