Green Giant mine explained

Green Giant mine[1]
Pushpin Map:Madagascar
Pushpin Map Caption:Location in Madagascar
Coordinates:-24.01°N 45.05°W
Place:Betioky Sud
Subdivision Type:Region
State/Province:Atsimo-Andrefana
Country:Madagascar
Owner:NextSource Materials Inc.
Products:Vanadium

The Green Giant mine[1] is one of the largest vanadium mines in Madagascar.[2] The mine is located in Betioky Sud in Atsimo-Atsinanana.[2] The mine has reserves amounting to 59.2 million tonnes of ore grading 0.68% vanadium.[2] In August of 2007, the Canadian company Uranium Star Corp announced an agreement where it would buy a 75% ownership stake in the mine from Madagascar Minerals and Resources Sarl,[3] and then bought full ownership in 2009.[4] An aerial survey was conducted in 2007 and samples were drilled in 2008.[5] Uranium Star Corp rebranded as Energizer Resources Inc in December 2009, and then as NextSource Materials Inc in April 2017.[6] The mine is 11 kilometers from the Molo mine, which is also owned by NextSource.

Notes and References

  1. Web site: Green Giant Project : Fotadrevo, Province of Toliara, Madagascar : Technical Report Update NI 43-101. Nextsourcematerials.com. 30 September 2017. 2022-07-08. https://web.archive.org/web/20220708070247/https://www.nextsourcematerials.com/static/files/Green_Giant_Vanadium_NI_43-101_report_2011-01-14.pdf. dead.
  2. Web site: Green Giant mine . 2012 . Minerals.usgs.gov . 2013-07-28.
  3. Web site: URANIUM STAR CORP FORM 8-K . 2007-09-06. 2021-09-07.
  4. Web site: Uranium Star Acquires Control of Madagascar's Green Giant . Mining Technology . 2009-08-06 . 2021-09-07 . 2021-09-07 . https://web.archive.org/web/20210907194452/https://www.mining-technology.com/uncategorised/news61500-html/ . dead .
  5. Web site: Uranium Star is betting heavily on vanadium and the Green Giant deposit in Madagascar . International Mining . 2009-09-21 . 2021-09-07.
  6. Web site: Energizer Resources Inc. Announces Rebranding to NextSource Materials Inc. . Next Source . 2017-04-19 . 2021-09-07.