September 4, 2020 COMEX Metal inventory

SMM PGM Flash] Amigo Resources reports that a metallurgical trial using historical gold-processing tailings from Tanzania produced a 10 kg copper-rich ingot. Preliminary readings of the ingot indicated 0.519% osmium and 0.095% iridium. The company cautioned that independent representative assays are still needed before those readings can be treated as confirmed metal inventory. It did not give a date for the trial itself. The result gives Amigo a product to test for possible PGM recovery alongside its gold work. It does not establish the grade of the wider tailings, a repeatable recovery rate or commercial production. Independent analysis, process mass-balance work and an economic assessment remain necessary before the proposed secondary recovery stream can be evaluated.

[SMM Gold Flash] Ghana’s Lands and Natural Resources Ministry reports that the Axim-Agona, Akango-Douale and Adelekezo mining cooperatives had been inaugurated in Nzema East under its Responsible Cooperative Mining and Skills Development Programme. The programme is intended to give small-scale miners a structured route to work within authorised concessions while protecting land and water. The ministry did not specify the ceremony’s date. The launch is a step in formalising mining in a gold-producing area, but it establishes no increase in gold output. The minister also described proposed district mining committees that would advise on licences; those measures remain proposals, not enacted rules. The cooperatives’ eventual production and compliance will need to be assessed separately.