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Shorton Thanks!..More great DD about Exploration Sequence.....
SSC (Sediment-hosted Stratiform Copper Deposits)
It is gridded, soil sampled, prospecting pits, drilling.
Just more great DD to analyze.
KAT north Lucky property has 2 quarry pits, and the VALE property, surrounding N. Lucky, has a new one started in May 2010. (that's around the time they signed option agreement with KAT) see image below from Geo Atlas. Pink dots show where quarry pits are.
READ THE CAPTION here on Slide #24:
http://www.geology.wisc.edu/~pbrown/g515/cused.htm
Shorton..More great DD about Exploration Sequence.....
SSC (Sediment-hosted Stratiform Copper Deposits)
It is gridded, soil sampled, prospecting pits, drilling.
Just more great DD to analyze.
KAT north Lucky property has 2 quarry pits, and the VALE property, surrounding N. Lucky, has a new one started in May 2010. (that's around the time they signed option agreement with KAT) see image below from Geo Atlas. Pink dots show where quarry pits are.
read the caption here on Slide #24:
http://www.geology.wisc.edu/~pbrown/g515/cused.htm
Thanks Shorton...
ragi....
Here is more information on VALE Processing Plant
http://www.sudburyminingsolutions.com/articles/News/09-11-Vale-hydromet.asp
Also in this summary report.... as Shorton has pointed out, is this:
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/MinesBranchReview2011.pdf
Page 8
All here are entitled to their opinions. :o)
I post what I find....so all can make up their own minds.
Hey, that rhymes! LOL
GO KAT - KATG!
Read back through the post threads, and you will see the subject here.... warant's own words about Ken Stead as a person, CEO and prospector.
Louieforpar....this has nothing to do with Ken's honesty, integrity and hard work performance....that is the subject here.
Louieforpar....this has nothing to do with Ken's honesty, integrity and hard work performance....that is the subject here.
Louieforpar
warant
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Sunday, September 05, 2010 7:55:48 PM
Re: Gold E Locks post# 94129
Post # of 98359
Gold Faith in the person will have nothing to do with whats in the ground; Ken can't make appear there.
But I know Ken like I said many times before he will treat the investors right and will do honest work.
This is my first time on the pinks and i'm only here because I trust and know Ken to be an honest man, and that is enough for me to invest in him.
As for the properties if it is there then it is there if not, so be it. At lease will be given a fair chance; after all KATX is an EXPLORATION co,
Gold E Locks Member Profile Gold E Locks
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Sunday, September 05, 2010 7:26:42 PM
Re: Hawksfan post# 94125
Post # of 183769
Denial? If you do not have faith in the person running the company you shouldn't be investing in this stock. All the DD so far points to great things ahead. People bashing the leader are putting fear into this board for people to make irrational decisions. Let the guy do his job, prove the properties, and believe in that we will all make out here.
makethemoney Member Profile makethemoney
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Tuesday, September 28, 2010 4:25:18 PM
Re: Biochemist2002 post# 98350
Post # of 183769
Thanks for all your great DD! You and Rick-UK certainly help keep us on track. This is looking better all the time!
dont know what the makethemoney post has to do with it...but here are the three posts....go look them up yourself! (see #'s below) better yet...ask I hub.
POSTS:
#94137
#94129
#98359
louieforpar....imo 9 months or even more has nothing to do with it....the fact is, warant talks about Ken as a hard working honest man. He has known him for a loooooong time and has worked with him. I think what he says about Ken speaks volumes. :o)
I posted it so others can decide for them selves.
Like I said, maybe warant will chime in here too, again. :o)
Waiting for news when Ken/Kat is ready to reveal it.
Let's look again at what warant has to say about CEO Ken Stead....
I found another one too. Maybe warant will chime in here...I know he reads this board.
warant
Share
Saturday, May 29, 2010 7:50:53 PM
Re: StocksGoneWild post# 53596
Post # of 98349
I never dig around in the woods for rocks, the only rocks I picked was to lay the kettle on when we were cooking up. lol
Ken is one of those guys that when he does something he gets right into it not just fan over it but dig deep and try his best.
As for Cornerstone when people say Ken influenced cornerstone that is not the way I see it, Ken was a cofounder he was part of CGP not just someone who just worked there, and he worked for his co, like he is doing for KAT. Ken and the CGP guys are good friends still, like every thing people move on to different things.
As for VALE I hope that they do do a JV with KAT also,then I get it from both ends CGP and KAT what better than that do anybody want.
I posted this before KAT and CGP are 2 different co' and approach exploration differently. CGP will never drill a hole in any property and KAT will different model.
Why follow Ken I trust Ken for reasons I will not go into on this form. Ther are many other properties that ken looked at with CGP and they droped maybe he will pick up some more of them,with money CGP already spent on them and Ken knowing about them, I think he is smart for doing that, get free info that he already knows about so he can work to expand the resource, smart thinking:)wouldn,t you say.
As for the properties they have now every thing on the surface is good it was good for other co's also. But some people hype it up to much,we don't know what is there untill they drill, if they hit perfect I hope they do very much so but if they don't, to me so be it we try some where else.
THe thing is this Ken is honest and trust worthy and to me when you got a CEO who is trust worthy and tries his best and it don,t work out, at lease it wasn,t a scam. Then you have Jack another honest and trust worthy man I known him also for a number of years, his style is different than Ken, more by the book.
As for Tim he always worked with Ken in most every thing another good worker, these are good people not scamer, so if the properties don't work outit will be because of the properties and not because KAT tried to scam anyone.
I hope the do hit pay dirt big time, $$$$$$$$
I don't know if I answered any of your questions hope I did.
warant
Share
Sunday, September 05, 2010 7:55:48 PM
Re: Gold E Locks post# 94129
Post # of 98359
Gold Faith in the person will have nothing to do with whats in the ground; Ken can't make appear there.
But I know Ken like I said many times before he will treat the investors right and will do honest work.
This is my first time on the pinks and i'm only here because I trust and know Ken to be an honest man, and that is enough for me to invest in him.
As for the properties if it is there then it is there if not, so be it. At lease will be given a fair chance; after all KATX is an EXPLORATION co,
warant
Share
Tuesday, May 18, 2010 11:42:54 AM
Re: john10204 post# 46519
Post # of 98344
I agree i,m in for the long haul with KAT because of Ken and I know what what he can get done. Even if nothing comes out of HC Ken is still there my money is on Ken, KAT is along for the ride IMO
warant
Share
Friday, June 11, 2010 4:13:38 PM
Re: Regulus60 post# 61231
Post # of 98355
Reg- You see this one thing I can say with full and complete trust in KEN STEAD. Ken would never, never work for any co, and keep things hidden from that co, he would not do that to CGP and would not do anything like that to KATX in no shape or form, so don't even go there.
As for CGP droping some properties if they didn't drop them they would have to pay to keep them, and money is tight like all junior mining co,
I keep saying CGP and KATX are different co, not the same at all completly different models.
warant
Share
Monday, May 17, 2010 3:10:46 PM
Re: Rick-UK post# 45381
Post # of 98312
Rick-UK will say a little bit about KAT management style and Cornerstones management style.A little DD on Cornerstone to help lighten the picture (not pumping CS) CS is a co,that is an exploration co,ONLY that follows the JV model for all of it,s properties they will not drill any property to compleation, just enough to JV or farm out the property to other co, who will then raise there money to spend on drilling.. good and bad in a way you get the upside of the results if no results from drilling you limit your lost.
Ken view is different find the deposit and raise the money yourself and drill it yourself, and reap all the benifits for your self, ( self being KATX)they may still JV other properties but they will also drill, if you have a lot of properties you can't drill them all yourself take to long.
Ken is go getter so Ken go get us some GOLD
Hope this helps
Let's look again at what warant has to say about CEO Ken Stead....
I found another one too. Maybe warant will chime in here...I know he reads this board.
warant
Share
Saturday, May 29, 2010 7:50:53 PM
Re: StocksGoneWild post# 53596
Post # of 98349
I never dig around in the woods for rocks, the only rocks I picked was to lay the kettle on when we were cooking up. lol
Ken is one of those guys that when he does something he gets right into it not just fan over it but dig deep and try his best.
As for Cornerstone when people say Ken influenced cornerstone that is not the way I see it, Ken was a cofounder he was part of CGP not just someone who just worked there, and he worked for his co, like he is doing for KAT. Ken and the CGP guys are good friends still, like every thing people move on to different things.
As for VALE I hope that they do do a JV with KAT also,then I get it from both ends CGP and KAT what better than that do anybody want.
I posted this before KAT and CGP are 2 different co' and approach exploration differently. CGP will never drill a hole in any property and KAT will different model.
Why follow Ken I trust Ken for reasons I will not go into on this form. Ther are many other properties that ken looked at with CGP and they droped maybe he will pick up some more of them,with money CGP already spent on them and Ken knowing about them, I think he is smart for doing that, get free info that he already knows about so he can work to expand the resource, smart thinking:)wouldn,t you say.
As for the properties they have now every thing on the surface is good it was good for other co's also. But some people hype it up to much,we don't know what is there untill they drill, if they hit perfect I hope they do very much so but if they don't, to me so be it we try some where else.
THe thing is this Ken is honest and trust worthy and to me when you got a CEO who is trust worthy and tries his best and it don,t work out, at lease it wasn,t a scam. Then you have Jack another honest and trust worthy man I known him also for a number of years, his style is different than Ken, more by the book.
As for Tim he always worked with Ken in most every thing another good worker, these are good people not scamer, so if the properties don't work outit will be because of the properties and not because KAT tried to scam anyone.
I hope the do hit pay dirt big time, $$$$$$$$
I don't know if I answered any of your questions hope I did.
warant
Share
Sunday, September 05, 2010 7:55:48 PM
Re: Gold E Locks post# 94129
Post # of 98359
Gold Faith in the person will have nothing to do with whats in the ground; Ken can't make appear there.
But I know Ken like I said many times before he will treat the investors right and will do honest work.
This is my first time on the pinks and i'm only here because I trust and know Ken to be an honest man, and that is enough for me to invest in him.
As for the properties if it is there then it is there if not, so be it. At lease will be given a fair chance; after all KATX is an EXPLORATION co,
warant
Share
Tuesday, May 18, 2010 11:42:54 AM
Re: john10204 post# 46519
Post # of 98344
I agree i,m in for the long haul with KAT because of Ken and I know what what he can get done. Even if nothing comes out of HC Ken is still there my money is on Ken, KAT is along for the ride IMO
warant
Share
Friday, June 11, 2010 4:13:38 PM
Re: Regulus60 post# 61231
Post # of 98355
Reg- You see this one thing I can say with full and complete trust in KEN STEAD. Ken would never, never work for any co, and keep things hidden from that co, he would not do that to CGP and would not do anything like that to KATX in no shape or form, so don't even go there.
As for CGP droping some properties if they didn't drop them they would have to pay to keep them, and money is tight like all junior mining co,
I keep saying CGP and KATX are different co, not the same at all completly different models.
warant
Share
Monday, May 17, 2010 3:10:46 PM
Re: Rick-UK post# 45381
Post # of 98312
Rick-UK will say a little bit about KAT management style and Cornerstones management style.A little DD on Cornerstone to help lighten the picture (not pumping CS) CS is a co,that is an exploration co,ONLY that follows the JV model for all of it,s properties they will not drill any property to compleation, just enough to JV or farm out the property to other co, who will then raise there money to spend on drilling.. good and bad in a way you get the upside of the results if no results from drilling you limit your lost.
Ken view is different find the deposit and raise the money yourself and drill it yourself, and reap all the benifits for your self, ( self being KATX)they may still JV other properties but they will also drill, if you have a lot of properties you can't drill them all yourself take to long.
Ken is go getter so Ken go get us some GOLD
Hope this helps
Yes... just think about .....
the Title of this symposium......
GIANT Ore Deposits
and there is John Hinchey (NL Govt Geologist) talking about...
The Bonavista Peninsula
http://www.alloccasionsgroup.com/upload/documents/IAGOD/IAGOD%20FULL%20PROGRAM%281%29.pdf Page 9
I don't see any VALE/Cornerstone option claims dropped in the northern Bonavista area.... Link please Gump
Great Post and DD Shorton!:o) A Must Read
I trust Ken Stead and company...as do others that know him well. :o)
warant
Share
Tuesday, May 18, 2010 11:42:54 AM
Re: john10204 post# 46519
Post # of 98344
I agree i,m in for the long haul with KAT because of Ken and I know what what he can get done. Even if nothing comes out of HC Ken is still there my money is on Ken, KAT is along for the ride IMO
warant
Share
Tuesday, May 18, 2010 11:36:23 AM
Re: oregon 1 post# 46502
Post # of 98345
Don,t assume that because someone made a buy they are staying in for the long haul. Their are a lot of swing traders out there man. I swing trade a lot but not here because of management
warant
Share
Saturday, May 29, 2010 10:41:53 AM
Re: anti_basher post# 53386
Post # of 98345
No don't know I don't trade the pinks, i,m here with Kat because of Ken. Not enough knowledge about the US pinks to make a sound judgement on that; I think that JB could answer that question.
warant
Share
Saturday, May 29, 2010 11:03:12 AM
Re: B402 post# 53406
Post # of 98345
My friend KAT is my co, also I am in vested in about a dozen co, right now, and they are all my co, I viev them that way because they have my money that i trusted to them to do work on there properties.
I don't see you knocking other posters who bring up Cornerstone, I figure that the board might wantr to know what VALE was doind in the area since I have friends watching what they are doing.
warant
Share
Saturday, May 29, 2010 7:50:53 PM
Re: StocksGoneWild post# 53596
Post # of 98349
I never dig around in the woods for rocks, the only rocks I picked was to lay the kettle on when we were cooking up. lol
Ken is one of those guys that when he does something he gets right into it not just fan over it but dig deep and try his best.
As for Cornerstone when people say Ken influenced cornerstone that is not the way I see it, Ken was a cofounder he was part of CGP not just someone who just worked there, and he worked for his co, like he is doing for KAT. Ken and the CGP guys are good friends still, like every thing people move on to different things.
As for VALE I hope that they do do a JV with KAT also,then I get it from both ends CGP and KAT what better than that do anybody want.
I posted this before KAT and CGP are 2 different co' and approach exploration differently. CGP will never drill a hole in any property and KAT will different model.
Why follow Ken I trust Ken for reasons I will not go into on this form. Ther are many other properties that ken looked at with CGP and they droped maybe he will pick up some more of them,with money CGP already spent on them and Ken knowing about them, I think he is smart for doing that, get free info that he already knows about so he can work to expand the resource, smart thinking:)wouldn,t you say.
As for the properties they have now every thing on the surface is good it was good for other co's also. But some people hype it up to much,we don't know what is there untill they drill, if they hit perfect I hope they do very much so but if they don't, to me so be it we try some where else.
THe thing is this Ken is honest and trust worthy and to me when you got a CEO who is trust worthy and tries his best and it don,t work out, at lease it wasn,t a scam. Then you have Jack another honest and trust worthy man I known him also for a number of years, his style is different than Ken, more by the book.
As for Tim he always worked with Ken in most every thing another good worker, these are good people not scamer, so if the properties don't work outit will be because of the properties and not because KAT tried to scam anyone.
I hope the do hit pay dirt big time, $$$$$$$$
I don't know if I answered any of your questions hope I did.
warant
Share
Friday, June 11, 2010 4:13:38 PM
Re: Regulus60 post# 61231
Post # of 98355
Reg- You see this one thing I can say with full and complete trust in KEN STEAD. Ken would never, never work for any co, and keep things hidden from that co, he would not do that to CGP and would not do anything like that to KATX in no shape or form, so don't even go there.
As for CGP droping some properties if they didn't drop them they would have to pay to keep them, and money is tight like all junior mining co,
I keep saying CGP and KATX are different co, not the same at all completly different models.
warant
Share
Sunday, September 05, 2010 7:55:48 PM
Re: Gold E Locks post# 94129
Post # of 98359
Gold Faith in the person will have nothing to do with whats in the ground; Ken can't make appear there.
But I know Ken like I said many times before he will treat the investors right and will do honest work.
This is my first time on the pinks and i'm only here because I trust and know Ken to be an honest man, and that is enough for me to invest in him.
As for the properties if it is there then it is there if not, so be it. At lease will be given a fair chance; after all KATX is an EXPLORATION co,
I trust Ken Stead and company...as do others that know him well. :o)
warant
Share
Tuesday, May 18, 2010 11:42:54 AM
Re: john10204 post# 46519
Post # of 98344
I agree i,m in for the long haul with KAT because of Ken and I know what what he can get done. Even if nothing comes out of HC Ken is still there my money is on Ken, KAT is along for the ride IMO
warant
Share
Tuesday, May 18, 2010 11:36:23 AM
Re: oregon 1 post# 46502
Post # of 98345
Don,t assume that because someone made a buy they are staying in for the long haul. Their are a lot of swing traders out there man. I swing trade a lot but not here because of management
warant
Share
Saturday, May 29, 2010 10:41:53 AM
Re: anti_basher post# 53386
Post # of 98345
No don't know I don't trade the pinks, i,m here with Kat because of Ken. Not enough knowledge about the US pinks to make a sound judgement on that; I think that JB could answer that question.
warant
Share
Saturday, May 29, 2010 11:03:12 AM
Re: B402 post# 53406
Post # of 98345
My friend KAT is my co, also I am in vested in about a dozen co, right now, and they are all my co, I viev them that way because they have my money that i trusted to them to do work on there properties.
I don't see you knocking other posters who bring up Cornerstone, I figure that the board might wantr to know what VALE was doind in the area since I have friends watching what they are doing.
warant
Share
Saturday, May 29, 2010 7:50:53 PM
Re: StocksGoneWild post# 53596
Post # of 98349
I never dig around in the woods for rocks, the only rocks I picked was to lay the kettle on when we were cooking up. lol
Ken is one of those guys that when he does something he gets right into it not just fan over it but dig deep and try his best.
As for Cornerstone when people say Ken influenced cornerstone that is not the way I see it, Ken was a cofounder he was part of CGP not just someone who just worked there, and he worked for his co, like he is doing for KAT. Ken and the CGP guys are good friends still, like every thing people move on to different things.
As for VALE I hope that they do do a JV with KAT also,then I get it from both ends CGP and KAT what better than that do anybody want.
I posted this before KAT and CGP are 2 different co' and approach exploration differently. CGP will never drill a hole in any property and KAT will different model.
Why follow Ken I trust Ken for reasons I will not go into on this form. Ther are many other properties that ken looked at with CGP and they droped maybe he will pick up some more of them,with money CGP already spent on them and Ken knowing about them, I think he is smart for doing that, get free info that he already knows about so he can work to expand the resource, smart thinking:)wouldn,t you say.
As for the properties they have now every thing on the surface is good it was good for other co's also. But some people hype it up to much,we don't know what is there untill they drill, if they hit perfect I hope they do very much so but if they don't, to me so be it we try some where else.
THe thing is this Ken is honest and trust worthy and to me when you got a CEO who is trust worthy and tries his best and it don,t work out, at lease it wasn,t a scam. Then you have Jack another honest and trust worthy man I known him also for a number of years, his style is different than Ken, more by the book.
As for Tim he always worked with Ken in most every thing another good worker, these are good people not scamer, so if the properties don't work outit will be because of the properties and not because KAT tried to scam anyone.
I hope the do hit pay dirt big time, $$$$$$$$
I don't know if I answered any of your questions hope I did.
warant
Share
Friday, June 11, 2010 4:13:38 PM
Re: Regulus60 post# 61231
Post # of 98355
Reg- You see this one thing I can say with full and complete trust in KEN STEAD. Ken would never, never work for any co, and keep things hidden from that co, he would not do that to CGP and would not do anything like that to KATX in no shape or form, so don't even go there.
As for CGP droping some properties if they didn't drop them they would have to pay to keep them, and money is tight like all junior mining co,
I keep saying CGP and KATX are different co, not the same at all completly different models.
warant
Share
Sunday, September 05, 2010 7:55:48 PM
Re: Gold E Locks post# 94129
Post # of 98359
Gold Faith in the person will have nothing to do with whats in the ground; Ken can't make appear there.
But I know Ken like I said many times before he will treat the investors right and will do honest work.
This is my first time on the pinks and i'm only here because I trust and know Ken to be an honest man, and that is enough for me to invest in him.
As for the properties if it is there then it is there if not, so be it. At lease will be given a fair chance; after all KATX is an EXPLORATION co,
Nice find from ShortonCash....
KAT COPPER?
Vale hydromet plant on target
BY NORM TOLLINSKY
Vale’s ground-breaking $2.8 billion hydromet processing facility currently under construction in Long Harbour, Newfoundland, expands the application of hydrometallurgy and its adoption as an economically viable and environmentally friendly processing technology.
The massive capital project is more than 40 per cent complete and on target to begin processing nickel sulphide concentrate from Vale’s Voisey’s Bay Mine in Labrador by 2013.
“Hydromet technology has advanced significantly over the past 15 years and is being applied to areas where it was never thought to be viable,” said Don Stevens, general manager, operations, Long Harbour Processing Plant.
More and more processors are moving toward full hydrometallurgy or incorporating hydromet steps in conventional pyrometallurgical facilities, as is the case in Sudbury, he noted.
Conventional pyrometallurgy requires two separate facilities – a smelter and a refinery, whereas “we do it all in one step,” said Stevens. “We dissolve the feed directly and refine and recover it without having to handle and transport it to a different facility, so it’s more efficient.”
Hydrometallurgy is also more energy efficient, noted Stevens.
“We did an assessment in 2002 to propose hydrometallurgy as an environmentally responsible new process and did a lifecycle analysis of total energy required for smelting and refining, as well as for hydrometallurgy, and we found that our hydrometallurgy process used significantly less energy – mostly because of the one plant, versus the two plants and the efficiencies gained there.”
Another important benefit of hydrometallurgy is the elimination of air emissions.
“That’s huge,” said Stevens. “That’s the big advantage that we saw in hydromet in the first instance. In a smelter, you’re effectively burning all the sulphur that’s associated with the feed and then recovering it at great expense. With hydrometallurgy, the sulphur still needs to be removed from the nickel by reaction with oxygen, but we do it under water in a large pressure vessel called an autoclave. Instead of going up a stack and scrubbed, it remains behind in a solid phase.”
Vale’s initial thinking was to build a conventional smelter and refinery in Newfoundland. At the time, the company was working on the assumption of a mine and mill producing about 20,000 tonnes a day, and a mine life of 10 years based on the then known reserves and resources.
“However, a panel looking at the mine and mill project from a environmental assessment perspective didn’t want to see a project that had a very short duration with all the problems associated with a boom-bust scenario, so they essentially directed that the mine and mill rate be scaled down to 6,000 tonnes per day, which would extend the operating life of the mine and the known reserves at that point in time to 17 or 18 years.”
At 6,000 tonnes per day, conventional smelter and refinery technology was deemed uneconomic, forcing Vale to go back to the drawing board.
The company had already committed to building a smelter and refinery in the province as part of a development agreement with the government of Newfoundland and Labrador, so as an alternative to going the pyrometallurgical route, it promised to invest in an R&D program to develop a hydromet process. In the event that the R&D program wasn’t successful, it committed to building a conventional refinery in Newfoundland to process nickel matte produced from Voisey’s Bay concentrate at smelting complexes in Sudbury or Thompson, Manitoba.
R&D
“We went back to our labs in Sheridan Park, Mississauga to look at some known extraction methods and put together a flow sheet that we felt would be less expensive both in terms of an initial investment and also long-term operating costs so we could justify going forward and developing the property,” said Stevens.
Vale invested $200 million in an R&D program, going from bench testing to a 1:10,000 scale mini pilot plant at Sheridan Park and, ultimately, to a 1:100 scale demonstration plant in Argentia, Newfoundland. The demonstration plant cost $100 million and operated for two and a half years at an additional cost of $50 million.
“It’s a very complicated flow sheet,” said Stevens. “Our feed is not just nickel. It’s nickel, cobalt and copper, plus all the various impurities. We had to make sure we had an effective and proven method to not only extract and recover the metals, but also to track and manage the deportment of all the impurities and trace elements.
“In a smelter, most of the things you don’t want end up in a slag phase and it’s easily skimmed off away from the nickel melt, but because we’re dissolving everything, or most things, we have to design or find best practices to recover the trace elements to make sure they don’t build up.
“It’s one of the key reasons we built the demonstration plant in Argentia. We learned how these minor elements build up over time and we invented or deployed new processing steps to specifically deal with them.”
Small quantities of silica, magnesium and manganese would “poison the process unless we found ways to extract them,” said Stevens.
The technology was pronounced technically and economically feasible by the end of 2008 and Vale began construction of the full-scale 50,000 tonne per year hydromet plant in 2009 at Long Harbour, 40 kilometres north of the demonstration plant.
Hydromet technologies have long been used to process nickel laterite ore and copper. Canadian miner Sherritt International Corp. operates a hydromet plant in Fort Saskatchewan, Alberta that processes nickel and cobalt sulphide ore from its joint venture Moa operation in Cuba, but the Sherritt process wasn’t suitable for Newfoundland, said Stevens.
“What we’re doing isn’t done anywhere else,” he remarked.
Vale has been shipping Voisey’s Bay concentrate to Sudbury and Thompson for smelting and refining since the mine went into production in 2005, but under its agreement with the government of Newfoundland and Labrador, it will have to find 440,000 tonnes of concentrate from outside the province to make up for it.
Late last year, the company announced it would close its Thompson smelter by 2015 because of a shortage of feed linked to the startup of the Long Harbour facility. At its Sudbury smelting and refining complex, which will also cease processing Voisey’s Bay concentrate in 2013, Vale is proposing to spend $2.2 billion on an Atmospheric Emission Reduction capital program to meet tougher government emission standards (see story in June 2011 issue of Sudbury Mining Solutions Journal).
10 million person hours
The Long Harbour project represents a huge economic boost for Newfoundland and Labrador. A total of 1,260 workers were onsite in early July and the number was due to peak at 2,200 workers through the summer. In total, the project will generate some 10 million person hours of employment during the construction phase and employ 475 people when in operation.
The structures are now erected, cladding is in progress and in May, Vale awarded a two-year $600 million contract to KBAC Constructors, a Kiewit/BMA/G.J. Cahill Partnership, to supply mechanical, piping, electrical and instrumentation services, the largest contract Vale has awarded in Canada.Engineering, procurement and construction management services are being performed by Texas-based Fluor Corp.
http://www.sudburyminingsolutions.com/articles/News/09-11-Vale-hydromet.asp
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70345784
Who does KAT have an Option to JV with? This company VALE!
great video
Who does KAT have an Option to JV with? This company VALE!
great video
Keeping my eyes open.....
for news, new website, claim changes, additions... etc.....
http://www.networksolutions.com/whois-search/katgoldholdingscorp.com
GO Kat!
Looking forward to news from the company in this new year :o)
EXTO is at limited information now at OTCmarkets..... but still shows skull....
http://www.otcmarkets.com/marketActivity/otc-tier-changes
they are getting closer!
Seriously...I have been here :o) ....and the ones saying there would be no distribution are mostly the non-shareholders for the past year or more.
Whats up in the air is who will receive them.....current shareholders or non shareholders
Waiting for news! :o)
Patience
HAPPY NEW YEAR!
YEAH! GO EXTO!
Attorney Letters filed http://www.otcmarkets.com/stock/EXTO/financials
mappo......
Have a great trip and a Happy New Year! Thanks for all you do here....and hurry back!
Go KAT! :o)
VALE/KAT option agreement.....
Kat Exploration Report on Recent Discoveries on its “Lucky” Property 11/23/2009
http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=40470975&symbol=NO^KATX
VALE, soon after, stakes claims on the whole Bonavista Peninsula surrounding KAT Lucky property.
http://investorshub.advfn.com/uimage/uploads/2010/1/27/rskxhClaims_Visuals.JPG
VALE, 6 months later, signs Option Agreement with KAT
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
http://ih.advfn.com/p.php?pid=nmona&article=43197437&symbol=KATX
VALE now still surrounds the N. Lucky property, with Lic. #017004M.
http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=017004M
VALE is now the #1 largest mining company in the world. What put them there recently is copper. On page 5 of 29 of this Vale PDF you can see it is Copper that Vale is growing more than any other metal department. http://www.vale.com/en-us/investidores/apresentacoes/pages/default.aspx What does Kat Lucky have miles and miles of?......A: Copper click the 05/24/2011 PDF
On Page 22 of 34 of this Vale PDF you can see that Vale grew it's Copper Biz 31.5% more than all other metals Vale mines. 30% growth is huge when your the size of Vale ! click the 10/26/2011 PDF http://www.vale.com/en-us/investidores/press-releases/pages/default.aspx
VALE's new Long Harbour Processing plant is scheduled to be finished Jan/Feb 2013. Little over a year away.
http://www.republicofmining.com/2011/09/26/vale%E2%80%99s-massive-newfoundland-nickel-refinery-takes-shape-by-paul-brent-canadian-mining-journal-%E2%80%93-september-2011/
They already have this new Hydromet technology going in Chili.
http://www.mining-reporter.com/index.php/component/content/article/100-vale/6327-vale-inaugurates-copper-operation-in-chile?directory=79
Do some research on CESL, and hydrometallurgical process.
Everyone here has to make their own decisions and do their DD. :o)
Agree Lucia...they are not going to be able to keep her down.
Go KatGold
Waiting for news for this new year! :o)
Gump...Vale gets $1 billion loan from Canada bank
Vale gets $1 billion loan from Canada bank
Updated 1 year ago
SAO PAULO — Brazil's Vale, the world's largest iron ore miner, said on Monday it received a $1 billion loan from Canadian development bank Export Development Canada, for its operations there.
Vale said in a statement that half of the line of credit would go to financing purchases of supplies. Another $250 million would go toward the development on the Long Harbor nickel refinery and the remaining $250 million would go toward various projects in Ontario.
As part of a plan to diversify its revenue stream away from iron ore, Vale bought Canada's Inco for $13 billion in 2006, when it was the world's second-largest nickel producer.
The company has been grappling with a labor dispute with the United Steelworkers union at its Voisey's Bay operations.
http://www.thesudburystar.com/ArticleDisplay.aspx?e=2785066&archive=true
Wishing all Merry-Christmas and KAT-TY New Year!
Homevendor......
It just says.... "(ii) there shall be
380,500 shares of Common Stock owned by the Non-Affiliated Shareholders,
constituting approximately 14.4% of such shares."
and..."(ii) the 380,500 shares of Common Stock owned by persons who are non-affiliates
of the Company (the "NON-AFFILIATED SHAREHOLDERS")"
I guess we just don't know who they are...but it looks like that is BVIG float right now.
Looking forward to news from the company....GO KAT ! :o)
B402...I don't believe it depends on what a company has committed to a property.
It is dependent on the number of claims a property has, how long they have had them, and what the NL Govt requires them to spend (a minimum). Please see links from NL Govt.
See section 47
http://www.assembly.nl.ca/legislation/sr/regulations/rc961143.htm#47_
North Lucky is 49 claims. Vale's property is 253 claims.
You are misleading when you say they have "committed" more to their own property. It is because it is much larger and is required to spend more.
Remember Kat did some core re-logging and drilling on the Cabot......
We have shown in previous posts that Pickett does not stay very long at any one company (see resume) Maybe he did all the work KAT needed.
http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=005567M
Under Comments:
ummmmm....that was in reply to Gump's notion that there is no interest in Kat....