Money of Mine Make-or-break mining projects (Nathan Stoitis Interview)
Metallurgy is a part of mining that isn’t often spoken about but can dictate the outcome. Nathan Stoitis broke things down for us, including why recoveries are a function of grade, the tricks company’s do to make projects look good, how you should view initial met results, plus the basics on all the main commodities as well as an over & under-rated round.
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All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
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GetWet Solutions – Matt.hall@getwetsolutions.com.au
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Silverstone – kenny@sstone.com.au
Anytime Exploration Services – seamus@anytimees.com
WA Water Bores – James@wawaterbores.com.au
Brooks Airways – ops@brooksairways.com
(0:00:00)Introduction
(0:00:30)Nathan Stoitis on Money of Mine
(0:02:10)The basics about metallurgy
(0:05:05)Grade vs Met
(0:07:46)Recovery is a function of grade
(0:10:27)How much weight to put into initial met results
(0:11:17)Tricks to look out for
(0:14:45)Is a metallurgists a must have?
(0:16:17)When there's copper with your gold
(0:21:08)Different ways to treat refractory gold
(0:25:42)De Grey's challenge
(0:32:17)"Right sizing" a plant and how ball mills work
(0:36:28)Miners vs Mill Rats
(0:40:38)Will Wiluna ever work?
(0:41:57)The rise of Indonesia Nickel
(0:43:46)Converting nickel plants into lithium plants
(0:45:39)Mt Marion and flotation
(0:47:18)How to desalinate Gold Fields water
(0:52:38)Are rare earths the most difficult projects?
(0:58:11)Hardest to easiest minerals to process
(1:02:38)How hard is Mt Todd?
(1:06:29)Mt Ida gold processing
(1:09:48)Thoughts on Chalice
(1:11:03)What is good met and what is bad met?
(1:17:35)Over rated / Under rated