Erdene Announces Preliminary Economic Assessment Results for Zuun Mod Molybdenum-Copper Project
Highlights Base Case after-tax Net Present Value of US$745 million (NPV8%) and 16.1% Internal Rate of Return (IRR) based on long-term commodity price assumptions of US$25.00/lb molybdenum and US$5.00/lb copper After-tax NPV8% sensitivity of US$2.0 billion and 27.8% IRR at spot prices of US$33.00/lb molybdenum and US$6.50/lb copper 34-year mine life, with estimated recovered metal […]
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