They supposedly have a "water concession", which is probably from groundwater wells. So, that will be their excuse about a water supply. But the lack of a tailings facility is something I have been posting about for months. They only person that has ever responded to that issue is Concord (to his credit, I guess).
Condor's answer was to truck the material back up the 17 mile road to the rockpile and dump it. Completely impractical, but hey, it was an attempt at dealing with the issue which is better than how Bennymomoraptorpanther dealt with it today. "Not a problem" he says.....LOL.....sadly, tailings have been the fatal flaw in mine feasibility studies, many tailings dams have failed causing environmental disasters, and even lives have been lost. For the simple-minded AABB investor who thinks "mining is easy"....they'd feel different if they lived in the shadow of an old tailings dam holding millions of tons of black, toxic sludge.
Yes, these fraudsters (under the names of "Liam the Engineer" and "the Pastor") screwed themselves over by posting drone footage, confirming for all to see that there is nothing like a tailings facility on the property. A big beautiful ramp....but no tailings facility. Benny is a bit flummoxed on how he'll respond to that issue. He'll probably just ignore any tailings questions...just like he ignores any mention of SRGE and CRGP. Uncomfortable questions for El Gordo.
The Jagersfontein Tailings Dam Collapse, South Africa in September 2022, was a structural failure of a tailings dam used by a stockpile mineral reprocessor, resulting in a mudslide through the town and surrounding farmland. The Brumadinho dam disaster,[7] Brazil, 25 January 2019, where as many as 252 people are unaccounted for, and at least 134 are dead.[8][9][10] The disaster released 12 million cubic meters of iron waste leading to the Paraopeba River. The Bento Rodrigues dam disaster, Brazil, 5 November 2015, considered the worst environmental disaster in Brazil's history,[11][12] killed 19 people[13] when an iron ore containment dam failed and released 60 million cubic meters of iron waste. The Mount Polley mine, British Columbia, 4 August 2014, which released 10 million cubic metres of water and 4.5 million cubic metres of metals-laden tailings from a holding reservoir.[14] the Ok Tedi environmental disaster in New Guinea, which destroyed the fishery of the Ok Tedi River, continuously from 1984 through 2013 The Sotkamo metals mine, Finland, 4 November 2012, released "hundreds of thousands of cubic metres" of waste water which raised concentrations of uranium, nickel, and zinc in nearby Snow River, each to at least 10 times the harmful level.[15] The Ajka alumina plant accident, Hungary, 4 October 2010, which released one million cubic metres of red mud, a waste product of aluminum refining, flooding the village of Kolontár and killing the Marcal River. The Baia Mare cyanide spill, Romania, 30 January 2000, called the worst environmental disaster in Europe since the Chernobyl disaster[16] The Doñana disaster, southern Spain, 25 April 1998, which released 4 million-5 million cubic metres of acidic tailings containing heavy metals. The Merriespruit tailings dam disaster, South Africa occurred on the night of 22 February 1994 when a tailings dam failed and flooded the suburb of Merriespruit, Virginia. Seventeen people were killed as a result. The Church Rock uranium mill spill in New Mexico, 16 July 1979, the largest release of radioactive waste in U.S. history[17] three uranium tailings dams near the town of Ak-Tüz, present-day Kyrgyzstan, collapsed in a December 1964 earthquake, releasing 60% of their radioactive volume (600,000 cubic metres (21,000,000 cu ft)) into the Kichi-Kemin River and its agricultural valley[18] an incident on 7 April 1961, released 700,000 cubic metres (25,000,000 cu ft) of uranium mine tailings from operations of the Soviet-era Wismut organization into the Zwickauer Mulde River in the village of Oberrothenbach[19] The Mailuu-Suu tailings dam failure also in Soviet-era Kyrgyzstan on 16 April 1958, caused the uncontrolled release of 600,000 cubic metres (21,000,000 cu ft) of the radioactive uranium-mine tailings in to spill downstream into a portion of the densely populated Ferghana Valley[20] Tailings ponds can also be a source of acid drainage, leading to the need for permanent monitoring and treatment of water passing through the tailings dam. For instance in 1994 the operators of the Olympic Dam mine, Western Mining Corporation, admitted that their uranium tailings containment had released of up to 5 million m3 of contaminated water into the subsoil.[21] The cost of mine cleanup has typically been 10 times that of mining industry estimates when acid drainage was involved.[22]
Do your own research, use third-party sources, and don't buy into the hype.
