CAPITAL MARKETS

Merlin comes in with $345M price tag

WITH a feasibility study on its $A345 million Merlin molybdenum and rhenium project in Queensland returning a net present value of $397 million, Ivanhoe Australia continues to seek a strategic partner in parallel with financing options.

MiningNews.Net
Merlin comes in with $345M price tag

The company’s board is yet to formally approve its development. However, it has decided to focus on the key projects of Merlin, Osborne and the large-scale Mount Elliott property going forward and...

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