Monday 6 July 2015

Botuobinskaya

"Since the beginning of 2015, production at Botuobinskaya has been preparing a test batch of rough that will be assessed for grade and quality by ALROSA’s Rough Sorting Center and then by Gokhran, Russia’s State Precious Metals and Gems Repository, in terms of its marketability and value. Based on those findings, the marketing strategy and sales channels for the Botuobinskaya rough will be defined later this spring. “I haven’t seen the rough from Botuobinskaya myself yet,” says Uvarov, “but I’m sure the entire world is very interested to see it.”"

Link -- Article 

This pipe has been on the shelf for 15 years as per strategic planning.

Almost 14K tonnes @ a grade of 5.13 cpt makes it one of the world's highest grade diamond mine.

Missing piece...which is still missing is the rough diamond value.

They could trump CH-6 for rock value...CH-6  still has a lot to grow before it finalizes a final production valuation though.

Tuesday 19 May 2015

Welcome

Welcome to the Rock Value blog.

This is dedicated to providing a list of mineralized deposits around the world with the highest rock value per tonne. It basically boils down to what rock value has the highest margin and usually this coincides with quickest payback for these projects. Location of the rock is also extremely important. If it is under a lake, that could be a problem.

Inspiration:

Peregrine Diamonds Chidliak CH-6 Kimberlite has a rock value of $500 to $1000 per tonne and is right near surface. I'd like to get an idea on comparative projects out there.

For more information on Chidliak, you can visit the blog -- http://chidliak.blogspot.com

There will be a couple of Uranium projects as they tend to have a highly localized zones of significant grades.

Not too interested on a quartz sample that has some VG (visible gold) that has an astronomical grade. It is not relevant for the whole deposit normally.

Enjoy