Andrada Mining Share Discussion Threads

[ukgeorge] 16/2/2023 11:13

Looks ready to have a bit of a spike

[nicosevos] 16/2/2023 07:57

Lithium price chart.

[3ootuk] 06/2/2023 09:55

I've seen other mining companies quoting $1000/kg of rubidium carbonate.
If this is associated with the pegmatites, then they might need a leach circuit adding, depending if they could possibly roast it with the tantalum or if it stays in the waste stream, then leach extract.

[dunns_river_falls] 06/2/2023 09:35

Maybe my calculations are incorrect, I am struggling to find prices for Rubidium. But if they have 111,200 tonnes at a price of $100,000 per tonne thats $11bn of value for Rubidium alone. Is that right?! Seems very high.

I wonder how easily it is extracted....
From the RNS...
"Rubidium is found within mica which is currently being concentrated as a potential by-product"

[3ootuk] 06/2/2023 07:14

Rubidium now gets a mention.
I wonder if this will come out in the tantalum circuit and what value they may put on it - or mentioned only to get attention?

[lasata] 02/2/2023 12:55

ITA

Andrada expands tin horizons at Uis

26 January: Andrada Mining has increased the total resource at its Uis mine by 77%, after completing an additional mineral resource estimate (MRE). With a combined tin content of 170,000 tonnes, this makes the company the owner of “one of the largest tin assets globally”.

The company, formerly AfriTin Mining, released a maiden MRE late in 2019 for the V1/V2 pegmatite – just one of the twelve historically mined pegmatites in the licence area. A combination of historical and confirmatory drill holes was used to complete the MRE, containing a total of almost 100,000 tonnes tin. Mining of this pegmatite started soon after, and the company has been steadily increasing production since.

Meanwhile, Andrada Mining have looked to the other historically mined pegmatites in the area, termed the Proximal Pegmatites (PP), to further increase the assets mineral resource. These pegmatites are all within a 3km radius from the existing processing plant, and are grouped into three clusters: K, P, and V.

Using drill holes from a past exploration drilling programme, an inferred MRE has been completed. Exploration consultancy, Minxcon (Pty) Ltd, were appointed to undertake the compilation of a tin block model for the PP, using 809 historic drill holes. The MRE is comprised of over 57M tonnes of ore at an average grade of 0.131%, containing just under 75,000 tonnes in the inferred category. Historical drilling also indicates the pegmatites remain open at depth.

As stated in their press release, the company is embarking on a confirmatory drilling programme to improve the tin resource classification and to evaluate lithium and tantalum potential of the Proximal Pegmatites.

Our view: A further increase to the Uis mine Resource is an important step for Andrada Mining. They plan to scale up production to roughly 9,000 tonnes of tin-in-concentrate per year, through a Phase 2 Expansion Project in the coming years. Continuing to expand the resource in tandem will potentially improve the longevity of the scaled-up operations.

[weyweyumfozo] 01/2/2023 17:56

Just for a bit of a chuckle. have a look at the parabolic graph:

"Yep, still long PMET, the best Lithium discovery in Canada. We started buying in the red dot."

[dunns_river_falls] 01/2/2023 10:24

There is our seller. Canaccord reducing slightly.

[ukgeorge] 30/1/2023 17:54

Tin back above $30k/t

[dunns_river_falls] 30/1/2023 16:48

Spread was super tight as well with plenty on offer at 5.4 yet happy to take 500k shares at 5.35. Need the seller to dry up... Or some killer news!

[someuwin] 30/1/2023 16:39

Andrada Mining @Andrada_Mining - 4m

We will be attending the Mining Indaba 2023 from the 6th to the 9th of February! Themed "Unlocking the future of African Mining", the event is geared to be an exciting one! Join us at this event to find out more about Andrada Mining.
@MiningIndaba

[lasata] 30/1/2023 16:09

some big trades today??

[dunns_river_falls] 27/1/2023 11:50

Drilling commenced at B1C1. They show a picture of what spodumene looks like in the core samples although I am not sure if the sample shown is from the current drill.. looks like it might be.



"Just about there on the financing"
Upgraded tin processing plant performing "beyond expectations"
Useful video so added to the header

[dunns_river_falls] 27/1/2023 11:30

Tim price showing above 32k today! Hopefully around 10k above the AISC. Now would be a good time to announce that the upgraded plant has reached full capacity...

[lasata] 27/1/2023 09:16

Tin prices flying today over 30K!!

[amelio] 27/1/2023 08:54

No doubt a great hold for 2023

[someuwin] 27/1/2023 08:10

Nice new website

[nicosevos] 26/1/2023 13:28

Nice!!!!!!!!!!!!!!!

LMEselect Tin 3 Month, USD/mt

Latest:$31,510...+$635 (+2.06%)
Jan 26, 2023

[dunns_river_falls] 25/1/2023 12:13

LME tin stocks down to <3,000t. Price up to $30,000t. Andrada producing say 60t per month = monthly rev of $1.8m? If costs are $22,800 that's $300,000 to $400,000 profit per month depending on the actual tin price achieved.

[nicosevos] 25/1/2023 11:23

There you go!!!.......onwards and upwards......

LMEselect Tin 3 Month, USD/mt

Latest:$30,100...+$100 (+0.33%)

Jan 25, 2023

[amelio] 23/1/2023 18:56

Held back by those late trades and should get a move on now.

[amelio] 23/1/2023 18:53

I'm seeing this taking out 6p this week. News positive and looking really healthy on the chart.

[amelio] 23/1/2023 13:54

Rising off the 20sma with blue skies after that :-) lots of positives both micro and macro in favour of this one.

[dunns_river_falls] 23/1/2023 10:59

Header updated to reflect 170k tonnes of tin announced today.

So they have 170kt within 3 km of the existing plant. There are 180 pegmatites on the claim and the 170k of tin is from just 12 of these pegmatites.

Its not hard to imagine that the whole ML134 area could have millions of tonnes of tin contained.

Add in the lithium and tantalum and we likely have one of the biggest lithium + tin resource in the world and its easy to mine.

2023 - the year it all falls in to place.

[nicosevos] 23/1/2023 07:49

A good news RNS, nice....

Tin to break 30k next....What is there not to like!!


LMEselect Tin 3 Month, USD/mt

Latest: $29,695.....+$495 (+1.70%)

Jan 23, 2023
gla