Post by
OldGold on Feb 08, 2021 4:46am
Kombat mine visit.
I finally got my video together from my trip to the Kombat mine. A good bunch of guys on site at the moment, around twenty of them. There is an operations manager, a mineral resource manager, engineering manager, maintenance staff, four geologists, and around ten labours.
It is a more significant site than I expected, I do not know what I expected, but I was surprised how large of an area it covered. Some of the buildings need a little love and care, but nothing much. As for the plant, the ball mills, and some of the other equipment will require some maintenance, maybe some of the older gearboxes and electric motors could do with an upgrade, but again, not significant.
There are three sets of headgear on-site to bring the ore up the shafts to the surface, two at around 500 thousand tons a year and a larger one, which is in as new condition, can move 800 thousand a year. Along with the lifts, there are two ramps or declines, that can be used to haul ore to the surface. So two million tonnes a year can be easily brought to the surface with the existing infrastructure. The plant can process around 360 thousand tons a year as it is set up, so I can see it increased before long.
Expanding the plant throughput will not be an expensive exercise; crushing and grinding gear is not that expensive in the scheme of things. The infrastructure is excellent, plenty of water, power, good road access and a rail link.
Kombat has a resource of 700 thousand tons of copper and 20 million ounces of silver, six billion dollars at today's prices, so this will get back into production. Jed is moving to site for the next few months to make sure it does.
Comment by
juniorbullalive on Feb 08, 2021 8:02am
This post has been removed in accordance with Community Policy
Comment by
NatureBob on Feb 08, 2021 10:24am
And giving back to the community via shaft de watering, etc was an excellent point. The site looks huge. I didn't realize the extent of outbuildings and equipment
Comment by
juniorbullalive on Feb 09, 2021 8:08am
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 08, 2021 3:18pm
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 12, 2021 6:26am
This post has been removed in accordance with Community Policy
Comment by
juniorbullalive on Feb 12, 2021 7:25am
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 14, 2021 6:18am
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 14, 2021 7:46am
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 18, 2021 3:27pm
This post has been removed in accordance with Community Policy
Comment by
juniorbullalive on Feb 18, 2021 8:19pm
This post has been removed in accordance with Community Policy
Comment by
GoldenEra on Feb 22, 2021 12:26am
This post has been removed in accordance with Community Policy
Comment by
trying2makeabuc on Feb 22, 2021 3:29pm
Jed mentioned he was looking to add another gold property to GQ what are your thoughts on the possibility of a joint venture between TM and GQ. Just throwing it out there because Jed is behind both companies.
Comment by
GoldenEra on Feb 22, 2021 5:10pm
This post has been removed in accordance with Community Policy
Comment by
juniorbullalive on Feb 22, 2021 5:27pm
This post has been removed in accordance with Community Policy
Comment by
Waxwing on Feb 22, 2021 11:12pm
Hey Junior, you pull that GRAT Horn outta your a$$ yet? 1.80's less then 10 days away.
Comment by
juniorbullalive on Feb 23, 2021 7:07am
This post has been removed in accordance with Community Policy
Comment by
personal on Feb 23, 2021 1:55pm
Anyone know when Jed is coming back from Africa? I talked ot him last week and he implied thet news would be coming out late last week. It is now Tuesday, hope it is good news, every time news comes out, the price goes down, LOL Hopefully whoever is selling is not Sprott, if it is, watch out, this could go down big time. I hope not.
Comment by
NatureBob on Feb 23, 2021 2:20pm
He would need to report insider trades. Only purchases for him that I can see
Comment by
juniorbullalive on Feb 23, 2021 7:04pm
This post has been removed in accordance with Community Policy