Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life
The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.
Latest Stories
Antofagasta’s Arriagada, Collahuasi boss frontrunners for Codelco’s top job
Other names circulating include internal candidates Nicolás Rivera and Mauricio Barraza, from the north and centre-south divisions.
MinRes backs out of Chinese investment deal with Albemarle
Billion-dollar deal that would have seen MinRes acquire a stake in downstream assets in China owned by Albemarle.
Energy transition faces metals gap unless investment rises, report finds
According to the Energy Transitions Commission, it will require production of up to 6.5 billion tonnes of materials cumulatively between 2022 and 2050.
ABB looking at automation, electrification acquisitions
ABB is targeting five to ten acquisitions per year, its CEO said.
BHP posts record full-year iron ore output, flags rising costs
BHP expects fiscal 2024 output for Western Australia iron ore between 282 Mt and 294 Mt.
Some US companies not filing conflict-mineral reports, GAO says
The SEC obliges companies to file reports on whether their products may include gold, tin, tantalum or tungsten from the DRC its nine neighboring countries.
Self-healing metal? It’s not just the stuff of science fiction
Scientists on Wednesday described how pieces of pure platinum and copper spontaneously healed cracks caused by metal fatigue.
Brazilian companies invest in blockchain to fight illegal gold mining
Between 2015 and 2020, Brazil traded 229 tonnes of gold with evidence of illegality.
