ISLAMABAD: Additional Commissioner, Coordination , Rawalpindi Jahangir Ahmed, who was part of a three-member fact-finding committee on the proposed Rawalpindi ring road affair, has, in his.
Endeavour Reports Positive PFS Results For Both Fetekro and Kalana, Confirming Strong Organic Growth Pipeline
ENDEAVOUR REPORTS POSITIVE PFS RESULTS FOR BOTH FETEKRO AND KALANA, CONFIRMING STRONG ORGANIC GROWTH PIPELINE
HIGHLIGHTS:
Positive PFS results for both Fetekro and Kalana Projects confirm Endeavour’s high quality organic growth pipeline
Fetekro PFS shows potential for +200kozpa production at low AISC over long mine life:
10-year mine life based on current reserves of 2.1Moz
Average annual production of 209koz at AISC of $838/oz
Robust economics with after-tax NPV
5%
Kalana PFS shows potential for 150kozpa production at low AISC over long mine life:
11-year mine life based on current reserves of 1.8Moz
Endeavour Reports Positive PFS Results For Both Fetekro and Kalana, Confirming Strong Organic Growth Pipeline einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Dundee Precious Metals releases PFS on US$211M open pit mine at Timok February 23, 2021
Commodities
Toronto-based gold and copper producer
Dundee Precious Metals (TSX: DPM) has announced the results of a prefeasibility study on its Timok gold project in Serbia, as well as the decision to go ahead with a feasibility study.
The latest engineering study outlines an eight-year, 6,925t/d heap-leach open pit mine, producing an average of 80,000 gold oz. annually in its first six years of operation. All-in sustaining costs are estimated to average US$693 per oz. over the life of the mine, with US$211 million required in initial capital. Using a gold price assumption of US$1,500 per oz., the after-tax net present value estimate for this development stands at US$135 million, with a 21% internal rate of return.
Dundee Precious Metals releases PFS on $211m open pit at Timok
Chelopech mine. Credit: Dundee Precious Metals
Toronto-based gold and copper producer Dundee Precious Metals (TSX: DPM) has announced the results of a prefeasibility study on its Timok gold project in Serbia, with board approval to go ahead with a feasibility study.
The latest engineering study outlines an 8-year, approximately 6,925t/d heap leach open pit mine, producing an average of 80,000 gold oz. annually in its first six years of operation. All-in sustaining costs are estimated to average $693 per oz. over the life of the mine, with $211 million required in initial capital. Using a gold price assumption of $1,500 per oz., the after-tax net present value estimate for this development stands at $135 million, with a 21% internal rate of return.