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California dreaming: Dateline eyes rapid US gold restart after bumper study
The study projects 573,000 ounces over 10.4 years and says the mine can restart with US$249 million in capital.
Summary by Sydney Morning Herald
6 Articles
6 Articles
Sydney Morning Herald+4 Reposted by 4 other sources
California dreaming: Dateline eyes rapid US gold restart after bumper study
Dateline Resources’ Colosseum BFS has unveiled a A$1.08b NPV and 49.5 per cent IRR, outlining a 10.4-year gold mine life with stellar margins in California.
·Sydney, Australia
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Dateline Resources (ASX:DTR) Posts US$785M NPV And 49.5% IRR In Colosseum BFS
The economics look strong on paper. The real test is now financing and execution. Dateline Resources (ASX:DTR) has delivered the Bankable Feasibility Study for its Colosseum Gold Project in California, and the numbers do most of the talking. A pre-tax NPV of US$785 million, a 49.5% pre-tax IRR, and US$249 million of start-up capital against an ore reserve of 573,000 recoverable ounces over a 10.4 year mine life. At the spot gold price of US$4,70…
Coverage Details
Total News Sources6
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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