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Gold/Mining/Energy : A Little Forum For Gold Microclusters
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To: Michael J. Wendell who wrote (90)1/14/1998 11:44:00 PM
From: GlobalMarine  Read Replies (1) of 142
 
Michael: Your posts are most interesting; please keep up the good work.

I'm pleased you feel Naxos could possibly grind 10K to 50K tons a day, but I worry that you'd need massive infrastructure to accomplish that. What would the grind time be, because if it takes, say, many hours to grind the ore to the requisite size, you'd need enough attritor capacity to hold up to 50K tons on a daily basis, and that would require enormous square footage and electricity requirements?

IMO, all the company needs to produce to prove its point is 200,000 ounces of PMs a year (a reasonable startup amount for any junior gold). Hence, Naxos need only process some 200 tons a day (based on only 3 oz/ton) to accomplish this task, and this seems much more doable than 50,000 tons a day. I'd appreciate any comments you have on the foregoing.

Regards,
Rand
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