SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Minnova PEA Projects US$181 Million NPV for PL Gold Mine Restart

The preliminary assessment estimates after-tax NPV5% of US$181 million and a 111% IRR at US$3,000/oz gold, rising to US$439 million at US$4,000/oz. It projects US$53 million in pre-production capital, a 0.7-year payback and 622,000 ounces over a 10-year mine life.

MCI

7-year payback and 622,000 ounces of gold over a 10-year mine life, with first gold in 2028PEA Highlights (base case US$3,000/oz gold; all figures in US dollars, after tax unless stated)¹ Non-GAAP measure - see…