PFS confirms US$2B NPV for Argentina copper-gold project

November 22, 2018 / www.mining-journal.com / Article Link

Kyzyl ramp-up signals new growth path at buoyant Polymetal

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Based on a US$3 per pound copper price and $1,300/oz gold, the study calculated an after-tax net present value, at an 8% discount rate, of US$2 billion (C$2.6 billion) and an internal rate of return of 18.6%.

"Long-term copper fundamentals are strong, and the global project pipeline is at multi-decade lows. We believe that this scarcity will lead to premium valuations for companies with construction-ready projects," CEO Wojtek Wodzi...

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