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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by 5ilverlining808on Apr 18, 2024 7:43am
106 Views
Post# 35995379

RE:RE:G6M news - March production

RE:RE:G6M news - March production
1dollarinto2 wrote: Thanks for sharing the G6M updates. For the miners out there, am I reading correctly that the G6M mine in March produced about 5,600 MTU's of concentrate, so annualized to 67,200. In comparison, Almonty's Panasqueira mine is forecast to produce about 56,000 in 2024.

If my numbers are correct, it is interesting to consider how the two companies refer to their respective projects producing at similar levels.

Looking forward to an update tomorrow on Sangdong, a project of a completely different scale.


Dolphin G6M -
Very high grades
Extremely low life of mine (13+ ish years)

Sangdong Tungsten mine -_
High grades
Extremely high life of mine (90+ years)

 Panasqueira mine -
Medium grades
Extremely high life of mine (??+ years)

The reason I posted the video of "Cut-off grade. The impact of getting it right" yesterday was to show how so many factors are involved to determin the very thing you questioned.
The video also showed me how much I did not know on how complicated things can get. lol

_
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