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Why has Renascor Resources Limited's Siviour Mineral Resource increased by 25%? — ASX:RNU| ASX Mining News & Discussion
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Lykeshares Official
$RNU Why has Renascor Resources Limited's Siviour Mineral Resource increased by 25%?
Renascor Resources Limited (ASX: RNU) has recently announced an upgrade to the Mineral Resource estimate for its Siviour Graphite Deposit in South Australia. The independent mining consultants, Snowden Optiro, have updated the JORC Mineral Resource estimate, taking into account the results from recent resource expansion drilling.

As a result, there has been a significant 25% increase to the total Siviour Mineral Resource estimate. The updated estimate now stands at 123.6 million tonnes at 6.9% total graphitic carbon (TGC), containing 8.5 million tonnes of graphite. Furthermore, 61% of this resource is classified as Measured or Indicated.

Siviour Graphite Deposit: A game-changer

This upgrade marks a major milestone for the Siviour Graphite Deposit, which is currently the second largest reported Proven Graphite Reserve worldwide and the largest outside of Africa. This expansion in the Mineral Resource estimate supports a 40-year mine life, with production of Graphite Concentrates projected to reach up to 150,000 tonnes per ...
Why has Renascor Resources Limited's Siviour Mineral Resource increased by 25%?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?