07
Jun
15:30
RARE EARTH: Search Minerals releases favourable PEA on Labrador project
Search Minerals is releasing what it calls a favourable preliminary economic assessment for its Deep Fox and Foxtrot rare earth project in eastern Canada, Kallanish reports.
The project in Labrador has a pre-tax net present value of CAD 2.23 billion ($1.77 billion) and a net present value of CAD 1.31 billion post-tax. The payback period is 1.8 years (after tax). The initial capital costs are CAD 422 million. The annual production would be about 1,437 tonnes of rar…
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Anonymous
Very good overview of the weekly steel market.
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