With all due respect, I would like to post this as a followup. My last post painted a "potential" scenario.......I have no way of knowing if the events or even players will eventually pan out.......I merely offer this up for discussion. When I examined this scenario, I discovered "linkages" which I suspected were more than just coincidental. Lets have a look at them.
Cliffs
BOD has the following
- Francis R. McAllister, Chm & CEO Stillwater Mining Company
- Joseph A. Carraba, Cliffs Pres & CEO (also Director of Newmont Mining Corp)
- Ronald C. Cambre, former Chm of Board of Newmont Mining Corp
- Janice K. Henry, former Director of INCO Ltd
Good experience outside Fe ore and coal.
Stillwater Mining Corporation
- Major shareholder (53.1%) Norilsk Nickel
- sole primary mined source of PGEs in the US
Norilsk Nickel
- 50:50 JV with African Rainbow Minerals at the Nkomati Mine in SA
- major producer of Ni, Cu and PGEs
Now what gets really interesting is that at the Nkomati Mine, there are both PGE-rich Ni/Cu mineralization (some massive) and chromite-rich horizons......sound familiar? The parental magma source is assumed to be a phase of the Bushveld Complex.
Coincidental???
Respectfully submitted
geoprof
