https://www.miningweekly.com
Mining|Underground|Drilling
Mining|Underground|Drilling
mining|underground|drilling

Keliber hikes Rapasaari lithium resource 50%

6th December 2019

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

The ore reserve estimate for Finnish mining company Keliber’s Rapasaari lithium deposit has been updated and estimated proven and probable ore reserves now total more than 5.2-million tonnes, 49.6% more than previously estimated.

The new Joint Ore Reserves Committee 2012 compliant ore reserve estimate for the deposit includes the openpit and underground ore reserves.

In addition to the almost 50% increase in the total ore reserves of the deposit, the estimate includes reserves for the category of proven ore reserves in total of 1.4-million tonnes with an average grade of 1.07% lithium oxide (Li₂O).

The total Joint Ore Reserves Committee 2012 compliant total proven and probable ore reserves for the company, using a cutoff grade of 0.40% Li₂O for the openpit ore reserves and a cutoff grade of between 0.4% and 0.7% Li₂O for the underground ore reserves are just more than 9.3-million tonnes with a grade of 0.98% Li₂O.

Commenting on the increase, CEO Pertti Lamberg said the Rapasaari deposit was an important target and said that the company would continue its drilling programme on the Rapasaari deposit itself, as well as in its immediate vicinity.

“We estimate that the positive development in the Rapasaari ore reserve estimate and earlier in Syväjärvi ore reserve estimate, will extend the operating time of our own ores to [about] sixteen years,” Lamberg said.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (26/04/2024)
Updated 2 hours 12 minutes ago By: Martin Creamer

Latest News

Anglo American chairperson Stuart Chambers
Anglo snubs BHP’s ‘highly unattractive’ proposal
Updated 7 hours ago By: Mariaan Webb

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.122 0.159s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: