EXPLORATION & DEVELOPMENT

PNX scoops a positive scoping study

PNX shares fall despite strong returns from the Hayes Creek scoping study

Sophie Moore
PNX scoops a positive scoping study

The scoping study estimated Hayes Creek had a mine life of seven years with a base case pre-tax net present value of $A109.4 million and an internal rate of return of 58%. Life-of-mine revenue was estimated...

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