Saturday 22 February 2020

I expressed my personal opinion, which may not coincide with official estimates

State-owned companies and mining billionaires from the Forbes list take the best mining deposits. This is an elite club. Extraneous are not allowed there.
Owners are State-owned companies or The Bloomberg Billionaires and The Forbes Billionaires. For example, Gina Rinehart,  Andrew Forrest  (Australia), Iris Fonbona (Chile), Rinat Akhmetov (Ukraine), Vladimir Kim (Kazakhstan), Viktor Rashnikov, Vladimir Lisin, Roman Abramovich, Oleg Deripaska, Vladimir Potanin, Alexei Mordashov, Dmitry Rybolovlev (Russia) and other.

Let's see how this works with a simple example.
Enami’s and Rio Tinto’s Cerro Cumbre agreement: "Between 2000 and 2010, state copper company Codelco drilled around 2,300m in the area without finding mineralization that fit its business model."  More

Imho, there are no rich deposits available in Chile. Between 2000 and 2010, state copper company Codelco was looking for standard small deposits and could not find them (in Chile’s northern Antofagasta region). 
The state copper company Codelco did not find suitable deposits for itself and invited other companies to search among unprofitable deposits and occurrence?
Nobody gets zinc in this region, they have no technology.

I am not a person who is interested in the situation and I don’t care, let them look for what they want. I'm just curious.
What do Barrick Gold and Rio Tinto hope to find where others could not find?
We will wait for news about them.

I expressed my personal opinion, which may not coincide with official estimates.

Ph.D. Natalia Petrovskaya



Referents:
1.  https://www.bnamericas.com/en/features/snapshot-enami-and-rio-tintos-cerro-cumbre-agreement

No comments:

Post a Comment