EXPLORATION & DEVELOPMENT

Pedra Branca encourages Avanco

COPPER miner Avanco Resources is swinging straight into a full feasibility study for its Pedra Branca East project in Brazil after pre-feasiblity work outlined a development initially costing more than A$210 million and generating nearly $500 million net cashflow over a circa 10-year mine life.

Michael Quinn

Pedra Branca encourages Avanco

The anticipated underground mine and 1.2 million tonne per annum processing plant in Brazil is seeing as producing an average of 24,000tpa of copper and 16,000ozpa of gold. A net present value of $200...

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