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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

EDM Resources Inc. is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, it also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. The properties are comprised of exploration licenses and a mineral property lease that provides for zinc and lead exploration and development. The Scotia Mine is located approximately 62 kilometers (km) northeast of Halifax, Nova Scotia, in the Halifax Regional Municipality. The Project consists of about 648 hectares (ha) of mineral rights in the form of three contiguous mineral leases. It also holds five exploration licenses covering 41 claims in the immediate vicinity of the Scotia Mine Deposit. Its Eastville Prospect is an undeveloped zinc-lead exploration prospect. Its Carrolls Farm and Carrolls Corner Prospects are hosted within the Gays River Formation.


TSXV:EDM - Post by User

Bullboard Posts
Comment by junior_mineron Sep 29, 2007 6:49am
219 Views
Post# 13492926

RE: Any change for a smelter?

RE: Any change for a smelter?"Trying to send me on a wild goose chase?" No no, on the contrary. I try to look the deal from the smelter point of view. Incentives to smelter are: - guaranteed concentrate supply - jointly build power plant (both smelter and mine benefit from economics of scale) - "free" coal transportation, by returning trucks. - I suppose not all the thermal energy need to be converted to electricity for smelting purposes. So coal smelter opex would not fully reflect the cost difference of coal and hydro power. But when the competing alternative would be to build smelter on hydro power: - SWN had to pay the smelter opex difference between coal and hydro, less the above mentioned perks for the smelter. So, if anyone can find how much power SWN size smelter needs, or what is the opex difference of coal powered and hydro powered smelter... AJ/Joe/Frozenice/anyone, I'm little limited with time currently, so help appreciated.
Bullboard Posts