D'Aguilar has reported results from the Anduramba molybdenum project pre-feasibility study. The project located in Queensland, Australia, indicates an 11 year, 2 to 3mtpa conventional molybdenum sulphide mine delivering a 2.5 year payback of A$86M Capital cost and an NPV of A$235M with an IRR of 48.5%. A Definitive Feasibility Study (DFS) is scheduled to commence November 2008.
Reported that a Pre-Feasibility review had ben completed with key findings of an 11 year, 1.95 to 3mtpa sulphide mine delivering a 3 year payback of A$87M Capex and an NPV of A$126M with an IRR of 34%. A Definitive Feasibility Study is scheduled to commence in late August 2008.
December 20, 2007
Announced a new resource estimation and pit optimisation for the Anduramba Molybdenum project. The new estimate includes a total of 32.1 million tonnes: Indicated 20.5 Mt, Inferred 11.6 Mt with a cut-off grade of 0.03% Mo Eq.
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