EXPLORATION & DEVELOPMENT

Tawana races to production

TAWANA Resources managing director Mark Calderwood told the Low Emissions and Technology Minerals Conference the past year had been a rollercoaster ride, but would result in the development of the lowest capital cost project in Australia with the highest internal rate of return as production starts early next year.

Haydn Black
Tawana races to production

The internal rate of return was 150-180%, so to conduct a definitive feasibility study for stage one was “a waste of time”, so the company took the decision to move immediately into development, a brave...

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