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Author: Subject: Mobilization for Boleo Mine
tripledigitken
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[*] posted on 2-25-2010 at 03:37 PM
Mobilization for Boleo Mine


I noticed at the north end of Santa Rosalia there is an entry gate to the Boleo Mine. Has that always been there? I have not noticed it before.

Well, last week I pulled over and noticed that they have a large compound that looks new with lots of activity going on.

Has anyone else noticed this? Jumping the gun before all permits are in place, or is it a done deal?

Ken
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Russ
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[*] posted on 2-25-2010 at 04:52 PM


Hi Ken, there has been a lot of interest in the mine in the last two years or so. I think they made cutbacks when the economy took a nose dive but there is still a lot of interest. Here's their site. It a very big deal.



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tripledigitken
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[*] posted on 2-25-2010 at 04:59 PM


Quote:
Originally posted by Russ
Hi Ken, there has been a lot of interest in the mine in the last two years or so. I think they made cutbacks when the economy took a nose dive but there is still a lot of interest. Here's their site. It a very big deal.


There was a thread here not too long ago discussing it, as I recall the consensus was that it was not yet authorized as a go. That's why the fenced yard, gate and activity caught my eye. Your link didn't come through by the way.

Ken
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Bajahowodd
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[*] posted on 2-25-2010 at 05:05 PM


I have no answer to your question, Ken. But rather an observation. Considering the copper and cobalt available here, commodities traders on Wall Street will likely be the key to whether this happens or not.
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tripledigitken
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[*] posted on 2-25-2010 at 05:23 PM


My money would be on how much of the Canadian seed money is spread around in Mexico City. This has been in the works with Copper being anywhere from $1 to $4.

just my 2 cents
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Bajahowodd
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[*] posted on 2-25-2010 at 05:31 PM


How much of that is copper?:lol::lol::lol:
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Russ
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[*] posted on 2-25-2010 at 06:36 PM


I copied the URL but spaced and forgot to paste it http://www.bajamining.com/boleo/pictures/ the photo presentation is really good.
They are planning to mine 6 or 7 different minerals. I've been told they have all the permits but there is a slow down because of the economy. Once they're back at work this area will get a much needed kick start.




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[*] posted on 2-25-2010 at 09:43 PM


They are just waiting on construction financing I believe. Since the financial meltodown getting a big backing has been tough. I know a Korean company is invested pretty heavily but they still need more $. I've bought some of the shares for speculation. There symbol is bajff.pk. They also trade on the Toronto exchange under baj.to I think.
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[*] posted on 2-26-2010 at 08:41 PM


Interesting Feasibility Study/metallurgy and geostatistical model.

Reading through, on a cursory pass, the data and statistics seem superficially OK...but parts of the metallurgical process bother me quite a bit. A lot of energy and water are being used in the process, a good bit of it seawater. Significant amounts of hazardous chemicals are being added....yet nowhere did I see an analysis of waste water disposal, sludge/solid waste disposal or energy input costs for the processing presented.


Those are critical issues. The studies are naturally paid for by the Mining Company which wishes to justify their planned mine....Was an independent audit or the costs, statistics and metallurgical process preformed? What is the proposed fate of the waste generated?

Remember, metallurgical "Bench Tests" typically are no more than a cartoon of real world conditions, but when they FAIL no one is laughing.

Metallurgical processes produce both the salable metal product and a lot of by-products which are hazardous waste (and expensive to safely dispose).

Serious questions need to be asked because of the great potential for long term damage to water supplies and the health of local human and other populations.
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[*] posted on 2-27-2010 at 08:31 AM


The stuff on the website is pretty dated and not up to date, but yes things are continuing on in a steady but slow manner. They have opened an office in Santa Rosalia where the old Comex paint store is across from the Library. There is an active number of full time workers and while there have been a few cutbacks, things are still happening. My take on it is that you move enough dirt and get enough samples to get the investments rolling in, but they have certainly not gotten to full scale production and hired tons of people like they had projected.



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[*] posted on 2-27-2010 at 09:13 AM
Waste removal


Quote:
Originally posted by Geo_Skip
Interesting Feasibility Study/metallurgy and geostatistical model.

Reading through, on a cursory pass, the data and statistics seem superficially OK...but parts of the metallurgical process bother me quite a bit. A lot of energy and water are being used in the process, a good bit of it seawater. Significant amounts of hazardous chemicals are being added....yet nowhere did I see an analysis of waste water disposal, sludge/solid waste disposal or energy input costs for the processing presented.


Those are critical issues. The studies are naturally paid for by the Mining Company which wishes to justify their planned mine....Was an independent audit or the costs, statistics and metallurgical process preformed? What is the proposed fate of the waste generated?

Remember, metallurgical "Bench Tests" typically are no more than a cartoon of real world conditions, but when they FAIL no one is laughing.

Metallurgical processes produce both the salable metal product and a lot of by-products which are hazardous waste (and expensive to safely dispose).

Serious questions need to be asked because of the great potential for long term damage to water supplies and the health of local human and other populations.


If they operate like Vista Gold.. They will bury it on site.. As that was the preferred method for disposal chosen by their (Vista Gold) Consultant's on the Open Pit Gold mine they wished to operate.... And who's permit application was "dismissed" by Agency..

Good eye Geo_Skip :):)




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