Bravo Mining reports Luanga project PFS with after-tax NPV8% of US$1.45 billion
Bravo Mining released a pre-feasibility study for the Luanga project in Pará, Brazil, based on a vertically integrated mine-to-smelter plan. Base case economics: after-tax NPV at 8% of USD 1.45 billion; after-tax IRR of 35.1%; post-tax payback of 2 years. Upfront capex of USD 784.9 million; sustaining capex of USD 98.2