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Drilling and Fracking

Natural Gas Production from Unconventional Plays Fracking (hydraulic fracturing) is a key part in the process of drilling and preparing many natural gas wells for production. Fracking was first used in 1908 and, since that time, over one million gas wells have been fracked in the United States. Natural gas…

Rare Earth Elements

About Earth, as used in “Rare Earth Elements” (“REE”) is an old term for oxide. Thus rare earths were historically called rare oxides. Back in the day they were a very secretive and complex group of elements. It took 153 years and numerous scientific inventions and discoveries before they were…

Iron Ore Price

  A new paradigm, reversion to mean, or something in between The iron ore price is something of a proxy for the price of other metals.  Exhibit One below1 shows the iron ore price (China Import fines 62% Fe) in USD since 1982. The exponential increase in price from 2008 to…

What to Watch for with BIF and Iron Ore

Introduction Banded Iron Formation (“BIF – pronounced Biff”) is the most important source of iron ore today. It occurs on all continents and iron content can be monumental. Here in Australia, the Hamersley Range in the West is thought to have initially contained 100 trillion tonnes of iron. This is…

About Equivalent Grade

What Equivalent grade is the term used where mineralisation that is comprised of several metals of economic value is converted to a single metal. Typically the minor metals are converted by formula and added to the grade of the major metal. The formula can vary but is often only based…

This Including That

A number of companies report broad intersections of significant mineralisation and then state that this includes a narrow high grade intersection, but with no further information. For example: 20 metres at 8g/t 1 gold including one metre at 140g/t gold2 . Intersections are reported this way because a broad, good grade is more…

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