Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire

  • 📰 mining
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

México Titulares Noticias

México Últimas Noticias,México Titulares

No 1 source of global mining news and opinion

Ivanhoe Electric has completed its earn-in to acquire a 60% interest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined in an agreement from three years ago.

The PEA demonstrated the potential for a 16-year open-pit mine producing copper concentrates of 38,627 tonnes and nickel concentrates of 55,119 tonnes a year, with associated byproducts such as platinum and palladium. Using a long-term nickel price of $8.83/lb. and copper price of $3.99/lb., the study calculated a post-tax net present value of $257 million and an internal rate of return of 22.3%. The initial capital cost is $338 million.

These project economics only included the Grata, Main and Extension deposits and the Sipilou Sud laterite deposit, which together cover just 3% of the 835 kmThis, according to Ivanhoe, provides ample opportunities for exploration upside and expansion opportunities, including at known mineralized zones at Yepleu and Draba.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 449. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Renault Scenic E-Tech Electric: A Great Car That Happens to Be ElectricDespite the hype, the fact is the electric car market in the U.K. is still relatively small. Renault claims that the Renault Scenic E-Tech electric is not only a great electric car, but a great car overall. It is said to be capable of competing with both electric vehicle rivals and traditional rivals in the market.
Fuente: CARmagazine - 🏆 382. / 55 Leer más »

San Diego Gas & Electric Reveals Cost of Purchasing City's Electric Distribution SystemSan Diego Gas & Electric announces that the purchase of the city of San Diego’s electric distribution system could cost between $7.4 and $9.3 billion, with potential costs exceeding $11 billion. The utility's numbers are significantly higher than previous valuations from city-funded studies. The value of the distribution system could pose a significant financial burden for any takeover attempts.
Fuente: KPBSnews - 🏆 240. / 63 Leer más »