EXPLORATION & DEVELOPMENT

Rex kicks off funding process for Hillside

REX Minerals has updated the capital and operating costs for its Hillside copper project on South Australia’s Yorke Peninsula, and has initiated a funding process.

Rex Minerals' Hillside copper project in South Australia

Rex Minerals' Hillside copper project in South Australia

Hillside has capital costs of US$410 million (A$585 million), higher than the A$485 million estimate in the May 2015 feasibility study. However, C1 cash costs are now expected to be US$1.38 per pound,...

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