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464:(Sn) in the indicated category and 15.42 Mt @ 0.08% WO3 + 0.12% Sn as inferred resources. Mineral reserves in the probable category are 2.55 Mt @ 0.25% WO3 and 0.12% Sn. This is enough for the 5-year initial open pit project with the 500,000 t per year capacity, while the push back of the open pit to the east is defined. The project will produce about 770 to 1,300 t of tungsten concentrates and about 500 to 620 t of tin concentrates per year.
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and at least 500m in depth. The mine is presently active in levels 1, 2 and 3. It extracts between 700,000 and 800,000 t of ore per year and produces between 100 and 120 t of tungsten concentrates per month and other byproducts. Tin is increasing in importance as exploitation zones progresses towards mixed tungsten-tin vein zones. Total reserves are enough for 2.5 years and resources for 30 years.
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494:) is a reference in the market, as its high grade has the fewest impurities commercially available in the market, usually receiving from the customers a premium for its quality. Aggregates for civil construction and minerals are also sold. The minerals of Panasqueira mine are famous for their size, perfection and rarity, including two that are only found in this deposit (
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military government office. The mine operated until 1992, with annual rates of production of up to 600,000 tons of ore. By the time it closed, the mine had been developed on twenty levels. Sangdong achieved an enormous importance and in some years, before the present boom in the South Korean economy,
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Panasqueira is a tungsten mine that has been worked almost continuously for 130 years. In terms of accumulated production it is probably the second-biggest tungsten mine in the world. Based on reliable records for 1934 to 2016, 40 million tons of ore were extracted and 128,110 tons of WO3 concentrate
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was performed to identify other mineralization sources (granite/greisen cupolas) with no result. Presently new exploration work is being performed southeast of the mine with the same objective. The exploitation zone actually active stretches in approximately 2,500m in length; 400m to 2,200m in width
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The deposit is huge with high grade. The zones currently recognized have indicated resources of 8 million tons @ 0.51% WO3 and 50.6 million t @ 0.43% WO3 in
Inferred resources. The reserves are only established in the zones where exploitation will start and are enough for 12 years of exploitation.
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Almonty optioned the property between 2013 and the full acquisition in 2016. During this period a large amount of exploration and metallurgical tests were done by
Almonty under its wholly owned subsidiary Valtreixal Resources. The deposit is about 8 km north of the border between Portugal and
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and reverted to the state. It was applied in 2006. After the acquisition in 2015 by
Almonty, the project was subject to reengineering and is now in the detail engineering phase, with financing closing in October 2020. It is expected to open during the first half of 2022 with a capacity of 640,000
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of the processing plant are dry-stacked for subsequent re-processing, as much of its contained mineralization is not extracted and in the future, with changes in plant design, will be reprocessed; then the final tailings will be dumped into the restoration of the last pit shell.
408:. The pits are usually exploited in sets of two or three to rationalize mine costs and homogenize plant feed characteristics. The exploitation methodology is by transfer, in which the waste from the active pits is used for environmental restoration of the exhausted pits.
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and some preliminary engineering. In the 1980s it decided to carry out a pre-feasibility study. By 1985, however, the prevailing price for tungsten of US$ 81/mtu, the project was considered non-viable. Later mining rights were acquired by the publicly owned company
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at an average of 100-140 ton per month. Since 2008, Los Santos has produced approximately 8,500 tons of tungsten concentrate, making it, in terms of production, the biggest tungsten mine in Spain, taking into consideration all historical producers. The
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Tungsten mineralisation was discovered on the property in 1916, but the main
Sangdong deposit was discovered in 1939–1940. The Sangdong Mine was operated during World War II by Sorim Resources Co. and from 1946 to 1949 under the jurisdiction of the
235:. It began trading on the TSX venture exchange on 28 September 2011. In March 2013 the company acquired an option on 51% of the Valtreixal deposit in northern Spain. In 2015 Almonty acquired Woulf Mining Corp. and its
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942:"Panasqueira tem donos americanos As Minas da Panasqueira vão passar a ser controladas pela empresa norte- americana Almonty, anunciou ontem a concessionária da unidade, Primary Metals"
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works the mineralized skarn layers in eight zones (Cortinas West, Cortinas East, Capa 4, Sector
Central, Gapa G, Peña de Hierro, Santos West and Santos South) that defines individual
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Los Santos Mine is exploited through Daytal
Resources Spain S.L. ("Daytal"), a wholly owned Spanish subsidiary of Almonty Industries Inc. It is located in the municipalities of
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1049:"REPORT NI 43-101: TECHNICAL REPORT ON THE MINERAL RESOURCES AND RESERVES OF THE LOS SANTOS MINE PROJECT, SPAIN: Prepared for Daytal Resources Spain S.L."
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239:. In early 2016 Almonty acquired Panasqueira mine from Sojitz Corporation of Japan. In early 2017 Almonty received final permits for construction of its
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tons per year and will produce on average 4,000 tons of tungsten concentrate per year with bismuth and molybdenum as byproducts.
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The name
Almonty Industries derives from the names of the fathers of two of the founders as a tribute to them. "Al" comes from
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of great dimensions, and some authors consider it a world-class deposit. It stretches along three municipalities (
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Exploration works followed in 1974–1986 and the first reference to the presence of tungsten dates from this time.
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recorded between 1952 and 1987) and it was probably the third-biggest tungsten producer in the world, only after
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in 1979–1980 by targeted night use of ultra-violet lamps to disclose the presence of the tungsten mineral,
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produced, 6,576 tons of tin concentrates and 32,410 tons of copper concentrate. Its tungsten concentrate (
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The 5 footwall mineralized layers. Mainly explored are numbers 2 and 3 with average thicknesses above 4m.
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The Main zone which is the higher-grade zone and where most of the historical exploitation took place.
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to restart
Sangdong Mine. Historical production at Sangdong was enormous (94,470 t of WO
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Tungsten has been identified by
British Geological Surveys (BGS) as a Critical Mineral.
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Almonty Korea
Tungsten (Sangdong Mine) paves way to a New Era in the Tungsten Industry
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The molybdenum stockwork that is a large deposit underlying the footwall structures.
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and acquired the remainder of the Valtreixal project, thus gaining full ownership.
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956:"Sojitz Corporation acquires approximately 95% of Primary Metals Inc. shares"
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2016 - acquires Panasqueria from Sojitz, also remaining Valtreixal ownership.
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The hanging-wall mineralization that reaches up to 70m true thicknesses.
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plant has an approximate capacity of 500,000 tons per year and works by
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1098:"Download SEDAR Filings - Code Verification and Accept Terms of Use"
1084:"Download SEDAR Filings - Code Verification and Accept Terms of Use"
1070:"Download SEDAR Filings - Code Verification and Accept Terms of Use"
992:"Download SEDAR Filings - Code Verification and Accept Terms of Use"
978:"Download SEDAR Filings - Code Verification and Accept Terms of Use"
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Panasqueira Mine landscape towards Serra da Estrela by the morning
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on behalf of Primary Metals Inc, a company formerly listed on the
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Los Santos Mine environmental restoration of Peña de Hierro pit
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2005 - May: Primary Metals (PMI.V on TSX) acquires Panasqueira
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Venture Exchange with the ticker symbol "PMI.V", purchased by
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Valtreixal Project Cassiterite mineralization in quartz veins
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and Panasqueira. It also produced relevant yearly amounts of
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it represented more than half of total South Korean exports.
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419:. It produces tungsten (scheelite) concentrates with 65% WO
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Almonty Korea Tungsten - The Pride of Korea is Returning
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The company was formed in 2011 with the acquisition of
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has resulted in their replacement by calcosilicate or
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mining and exploration. Its primary operations are in
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Companies formerly listed on the TSX Venture Exchange
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Almonty Projects in Spain - Los Santos and Valtreixal
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Non-renewable resource companies established in 2011
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Panasqueira Mine exploration drilling in underground
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826:Panasqueira Mine FeSi magnetic separator at plant
754:Panasqueira Mine vein - wolframite mineralization
682:Los Santos Mine - Processing Plant and stockpiles
269:2015 - acquires Woulf Mining and Sangdong project
143:Tungsten, tin, copper and molybdenum concentrates
886:Panasqueira Mine exploration drilling at surface
456:Current resources are 2.82 million tons @ 0.25%
350:that had commissioned the project in June 2008.
326:light. After the discovery, a period of intense
266:2013 - March: Almonty acquires 51% of Valtreixal
1180:Companies listed on the Toronto Stock Exchange
357:-hosted scheelite deposit, where intrusion of
208:production and trading from other projects in
922:Sangdong Mine Exploration drilling in level-1
898:Panasqueira Mine - Mine water treatment plant
802:Panasqueira Mine Underground crushing chamber
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694:Los Santos Mine- environmental restoration
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1150:Sangdong Tungsten Mine Project 2nd Video
1145:Sangdong Tungsten Mine Project 1st Video
718:Valtreixal project - Exploration trenche
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670:Los Santos Mine - Santos South Open Pit
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601:The mine closed in 1992 due to Chinese
212:. Later, in May 2005, Almonty acquired
1175:Canadian companies established in 2011
766:Panasqueira Mine tungsten concentrates
172:is a global mining company focused on
255:2008 - Sojitz acquires Primary Metals
135:Marion McGrath, (Corporate Secretary)
7:
910:Sangdong Mine - Sangdong level mouth
550:Almonty Sangdong project in S. Korea
478:Almonty Panasqueira Mine in Portugal
353:The Los Santos deposit is a typical
261:28 September - began trading on TSX
790:Panasqueira Mine geology warehouse
258:2011 - Almonty Industries founded
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1047:Adam Wheeler (31 October 2015).
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381:rich in iron (Fe) and contains
188:. The company is listed on the
646:Los Santos Mine Pit sequencing
453:and 320 km NE of Madrid.
348:Heemskirk Consolidated Limited
310:The deposit was discovered by
1:
850:Panasqueira Mine Raise boring
814:Panasqueira Mine - Laboratory
449:Spain in the municipality of
778:Panasqueira Mine BTWP symbol
609:The deposit is composed of:
303:, about 180 km west of
297:Fuenterroble de Salvatierra
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1170:Companies based in Toronto
330:activity began, including
1165:Metal companies of Canada
322:) which fluoresces under
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862:Panasqueira crystal shop
706:Valtreixal actual aspect
373:minerals, together with
451:Pedralba de la Praderia
377:. It forms from impure
162:http://www.almonty.com/
16:Canadian mining company
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397:may exceed 1 cm.
190:Toronto Stock Exchange
119:Dr. Thomas Guschlag, (
22:Almonty Industries Inc
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301:province of Salamanca
1034:"ShieldSquare Block"
1020:"ShieldSquare Block"
1006:"ShieldSquare Block"
342:25 June 2017 at the
1130:Tungsten Fact Sheet
525:Pampilhosa da Serra
149:Number of employees
23:
944:. 2 December 2005.
573:detail engineering
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413:Mineral processing
226:Sojitz Corporation
170:Almonty Industries
1115:Tungsten Industry
966:on 3 August 2017.
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512:The deposit is a
458:tungsten trioxide
367:sedimentary rocks
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312:Billiton Española
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107:Daniel D'Amato, (
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389:and locally
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169:
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82:Headquarters
36:Company type
18:
1054:20 February
541:South Korea
499: [
484:Panasqueira
387:plagioclase
328:exploration
324:ultraviolet
214:Panasqueira
186:South Korea
1159:Categories
1052:Retrieved
928:References
589:molybdenum
492:wolframite
441:Valtreixal
417:gravimetry
379:carbonates
359:granitoids
293:Los Santos
287:Los Santos
277:Operations
202:Al D'Amato
97:Key people
406:open pits
391:magnetite
371:siliceous
363:carbonate
337:SIEMCALSA
316:scheelite
228:in 2008.
48:Traded as
1120:Tungsten
581:Tyrnyauz
556:Sangdong
469:Portugal
426:tailings
395:crystals
383:pyroxene
340:Archived
247:Timeline
218:Portugal
216:mine in
210:Thailand
206:tungsten
182:Portugal
174:tungsten
140:Products
127:Director
121:Director
115:Director
109:Director
64:Industry
633:Gallery
603:dumping
593:bismuth
521:Covilhã
299:in the
196:History
184:, and
158:Website
86:Toronto
74:Founded
56::
585:Russia
529:Fundão
517:system
365:-rich
305:Madrid
90:Canada
68:Mining
40:Public
569:POSCO
503:]
361:into
355:skarn
318:(CaWO
282:Spain
178:Spain
1056:2018
597:gold
595:and
527:and
505:and
411:The
402:mine
400:The
295:and
129:and
77:2011
583:in
509:).
462:tin
222:TSX
153:400
131:CFO
103:CEO
58:AII
54:TSX
1161::
958:.
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523:,
501:pt
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994:.
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577:3
421:3
320:4
133:)
105:)
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