Waini miner in tantalizing mineral find

A miner at Waini in the North West District has found columbite- tantalite in his concession and will start to mine for the mineral on a larger scale shortly.

The mineral was mined here in the 1950s in the Upper Mazaruni area and has always attracted a high price. Com-missioner of the Guyana Geology and Mines Commis-sion (GGMC) William Woolford said that the commission has since verified the miner’s find.

In appearance the mineral carries a dull metallic colour and when refined it becomes metallic “tantalum”, a heat-resistant powder  that could hold a high electrical charge.

It is widely found in eastern Congo but the mineral is also extracted in Australia, Brazil, Canada and China.

Tantalum is used mainly in the manufacture of condensers and micro- technology, (chips and processors), cell phones and nuclear reactors. It is also used in the production of steel varieties having a high heat tolerance  like those used  in the engines of aircraft.

Woolford said other miners are also interested in the mineral which carries a high value. According to him people who would buy it  would pay up to US$12 per pound of the raw mineral.

Sometime back, he noted,  persons had approached the commission asking to buy columbite–tantalite for export purposes.

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8 Responses to “Waini miner in tantalizing mineral find”

  1. Arnold VENEZUELA

    on October 11th, 2008 9:51 am

    Well country-man just have to get the permission and the U.S.Dollar will start to flow in.

    [Reply to this]

  2. M. Xiu Quan-Balgobind-Hackett UNITED KINGDOM

    on October 11th, 2008 3:07 pm

    don’t forget an EIA (which will be duly ignored after it is paid for & submitted)

    [Reply to this]

  3. tiger CANADA

    on October 11th, 2008 4:13 pm

    you would be surprise to know the mineral wealth that’ s in the earth of guyana’s hinterland, vast amount of minerals which could be exploited, one of the reasons for venezuela’s land claim.

    [Reply to this]

    Caesar UNITED STATES

    In reply to the above comment on October 11th, 2008 8:33 pm:

    Have you told Venezuela that? Don’t tell us,tell Venezuela.

    [Reply to this]

  4. Balla345_ky CAYMAN ISLANDS

    on October 12th, 2008 1:08 am

    COLLECTIVELY THIS WOULD BENEFIT THE COUNTRY A GREAT DEAL BUT KNOW YOU ALL ,IT WILL BE A INDIVIDUAL VENTURE THAT WILL ONLY BENEFIT THIS MINER….. START THINK ABOUT GENERATIONS TO COME PEOPLE…. GUYANA IS SO RICH IN NATURAL MINERALS BUT WHAT WRONG WITH YOU ALL? COME ON NOW< PUT IN TOGETHER AND BE A FORCE IN THE WORLD…….IF ONLY YOU ALL COULD PUT ASIDE THE POLITICS, THE RACISM AND INDIVIDUALISM….WHAT WILL THE NEXT TEN YEARS WILL BE LIKE IN GUYANA? CAN SOME ONE TELL ME…

    [Reply to this]

  5. M. Xiu Quan-Balgobind-Hackett UNITED KINGDOM

    on October 12th, 2008 3:59 am

    you mean venuzuela’s FAKE claim.

    [Reply to this]

  6. Charriot UNITED STATES

    on October 12th, 2008 6:41 pm

    Sell shares on the local market and NYSE!!!!!! ### I want in,, Please!!!!!

    [Reply to this]

  7. Charriot UNITED STATES

    on October 12th, 2008 6:43 pm

    Put your company on the Stock Exchange man,,,, I WANT IN.

    [Reply to this]

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