GREY:AFRIF - Post by User
Post by
franciso1on Feb 15, 2013 10:41am
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Post# 20995089
43101 open pit
43101 open pit P.7/144 43101 note 3
https://www.afferro-mining.com/i/pdf/technical_filings/2012/August/U4749_Nkout%20MRE%20June%202012_Final.pdf
Effect on resource estimate of
Simpler and easier crushing ?
More resource could be economically produce IMO
https://www.indexmundi.com/commodities/?commodity=iron-ore
This chart show 150$ per ton 62% iron or approx 2.40 DMTU
If your 43101 hypothesis is 1,50 you double your estimate here
It change dramatically the economic of the deposit
You can go deeper etc
Add to that the simplification to process effect
https://www.indexmundi.com/commodities/glossary/dry-metric-tonne-unit