Metminco up on scoping study for Los Calatos project

Metminco's [LON:MNC] shares rose after it revealed that an independent scoping study at its Los Calatos project in Peru had confirmed a low-cost, long-life copper mine.

Metminco owns 100% of the prject.

The study found the project was a long-life asset with a 31-year mine life. It further found that total material treated over the life of the mine could total 656 million tonnes at 0.45% Cu and 0.026% Mo (0.56% CuEq).

The 656 million tonnes included 194 million tonnes from open pit mining, and 462 million tonnes from underground bulk mining.

Minco [LON:MIO] has increased the resource estimate for the Lundberg base metal deposit at the Buchans project in central Newfoundland to 23.44 million tonnes, from 21.82 million tonnes previously.

The new mineral resource estimate was completed by Mercator Geological Services, following the drilling by Minco of 58 new surface diamond drill holes totaling 8,184 meters in 2012, and is based on validated results from 231 diamond drill holes totaling 24,White soft Floor polishing pad for 15 inch machines. Ideal for high gloss dry polishing buffing of polished sealed floors.A contract to purchase automated refuse trucks and a new ordinance for trash collection has Bartlesville well on its way to using automated residential trash pickup service.519 meters of diamond drilling.

Baobab Resources [LON:BAO] has revealed results of pyro-metallurgical test work at its 85%-owned Tete pig iron, vanadium and titanium project in Mozambique.

Baobab says bench-scale pyro-metallurgical test work has confirmed the ability to produce a low impurity pig iron product using Baobab's iron ore and local Mozambique thermal coal.

The reduction and smelting test work has been conducted using coarse concentrates derived from the Tenge resource block at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) laboratories in Australia.

Reduction test work using a rotary kiln simulator has returned very promising results with in excess of 70% metallisation being achieved after a short residence time using locally sourced thermal coal as a reductive agent.

Samples from the rotary kiln experiments were inductively smelted in a crucible to produce a clean disc of pig iron reporting 97% Fe (at 1.8% C) and containing a very low level of titanium of 0.002%.

Managing director Ben James said: 'the results of the pyro-metallurgical test work mark a major milestone for the project. Two critical questions have been answered: will local thermal coals work in the reduction process and will the titanium separate from the iron when smelted?

"In both cases the answer is a resounding yes. We now possess very clear physical and empirical evidence to support the Company's conviction that we can exploit the project's unique access to low cost thermal coal at the licence boundary together with Baobab's iron ore to produce a high quality/low impurity pig iron at the bottom of the cost curve.Carbon-sports.cc is one of the leading carbon composite engineering companies supplying customers worldwide for Carbon Fiber Sports Equipment Supplied."

Sirius Minerals [LON:SXX] has supplied drafts of relevant reports and supporting statements to the Planning Inspectorate as part of its formal pre-application for the York Potash Project pipeline consent.titanium alloy property information is scattered amongst a number of disparate sources.

"This is a standard process ahead of a full submission to ensure that the procedural requirements are understood by the applicants," Sirius Minerals said.

The Planning Inspectorate would review the documentation and provide feedback to the Company in due course. The full pipeline application is expected to be submitted within the next two months.

Condor Gold [LON:CNR] has issued a drilling and trenching update on its La India project in Nicaragua.

Condor says a total of 35 drill holes for 5,359m have now been completed on La India open pit resource area to convert the existing resource from 'inferred' to 'indicated' category.

It says drilling results continue to confirm continuity of gold mineralisation and grade of the current geological model with the best new drill intercept from La India of 6.80m at 13.99g/t gold.

Condor says the drill intercept of 41.26m at 1.The product range of mechanical lock cylinder extends beyond the common range of double, single, thumbturn and furniture cylinders.41g/t gold near surface demonstrates the coalescence of La India and California veins.We remain on Excavator track link to achieve our full year production guidance of 250000 ounces.

It says 28 drill holes for 2663.5m have been completed on the America Vein Set to test for remnant wallrock gold.