CAPITAL MARKETS

Climax firms up Dinkidi numbers

CLIMAX Mining's latest study of its Dinkidi gold-copper deposit in the Philippines shows a 150,000 ounce per annum gold equivalent operation will cost an initial US$66 million to develop and have a project interest rate of return of 25%.

Michael Quinn
Climax firms up Dinkidi numbers

The operation will feature 2 million tonnes per annum throughput and involve four years of opencut mining followed by around 11 years of underground sub-level caving. Current reserves of 20Mt grading...

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