HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Ice -road is

Re: Winter roads...pipe line part

posted on Jul 13, 2008 02:23PM

I think pumping a slurry of concentrate makes perfect sense, at least it should seriously be evaluated. I don't think winter roads will be acceptable for long term operation, possibly only the first year or two during high grading.

Inco's and Falco's costs are I guesstimate in the range of 6,000 to 8,000 $ per tonne of nickel produced. NOT's processing costs will be in the same range, except that both Inco or Falco will of course charge a processing fee, so NOT's costs excluding transportation should be in around 10,000 $/tonne of Ni produced. Another factor is that the overall recoveries are normally in the range of 80% for Ni and Cu.

With these costs and not 100% recovery it is critical that the transportation costs are kept as low as possible, and a pipe line may indeed do that. Freezing in winter may be an issue, any known solutions?

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