RE:Interesting..Auteco Resumes Mining of Ming Rambler MineThe critical issue for Rambler was
( 1) gold associated with Ming copper at 2% was just 0.3 grams per ton and
(2) operating margins were very skinny at that low gold by product grade which were wiped out by trabspotation costs to and fro the Nugget Pond mill.
My calculations indicated that at least 1 gram per ton of gold was needed to make Ming profitable at 2% copper.
They May have located some of those higher grades copper ore with higher associated gold grades....only time will tell.
Longer term and part of their priority is to combine copper mining at Baie Verte with stand alone gold
production in order to offset cyclical copper prices.
There is only one synergistic choice to solve that problem..