A gold/copper/tellurium mine in Papua New Guinea, ‘Sinivit’ operated by New Guinea Gold Corporation is investigating the viability of extracting tellurium from previously processed material as well as in situ mineralisation. According to the company tests have shown tellurium contained in existing extraction vats average between 200 to 300 ppm. NGG said it was in discussions with a group with expertise in tellurium processing and marketing.
According to NGG, un-purified tellurium currently sells for approximately $US 100/lb and could be a viable by-product at its Sinivit mine.
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