EXPLORATION & DEVELOPMENT

Indonesia battler improves metrics for Sihayo gold project

SIHAYO Gold has improved the metrics for its namesake gold project in Indonesia after significantly increasing recoveries via the use of caustic leaching, albeit prima facie the development at this point in time continues to look challenging on a headline financial basis.

Indonesia battler improves metrics for Sihayo gold project

The US$221 million development producing an average of 104,000 ounces per annum has been calculated to have a post-tax net present value of $169 million. The internal rate of return is put a 20.4% and...

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