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Billion-tonne Xanadu copper-gold play struggling for market attention

XANADU is working on preliminary economics for its Kharmagtai deposit in Mongolia after reaching its “aspirational” target of more than 1 billion tonnes within which is contained 3 million tonnes of copper and 8 million ounces of gold.

Michael Quinn
Billion-tonne Xanadu copper-gold play struggling for market attention

Xanadu has an enterprise value of less than A$30 million, meaning future strong scoping numbers would be particularly helpful. Kharmagtai has 1.15Bt grading an average of about 0.23% copper and 0.2...

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