{
  "id": 8065008,
  "title": "Heliostar Ana Paula Gold Project Costed at US$300 Million",
  "url": "https://urgent.news/2026/09/17/heliostar-ana-paula-gold-project-costed-at-us-300-million",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T16:58:19.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/heliostar-ana-paula-gold-guerrero-mexico-2026/"
  },
  "original_language": "en",
  "account": "The Heliostar Ana Paula gold project, with an initial capital cost of $300.1 million according to the company's economic study, was highlighted by Manuel Tovar Jacquez, the general manager, during the Ninth Durango Mining Congress in Durango, Mexico on 28 August 2026. The project is situated in Guerrero, Mexico, and is currently in the development and pre-feasibility stage. The study was conducted at a base case gold price of $2,400 per ounce, resulting in a net present value of $426.0 million and a 28.1% internal rate of return. Production is expected to commence in the second half of 2028, with an estimated mine life of nine years and annual production of 101.1 thousand ounces. The current gold price, around $4,357 per ounce as of 17 September 2026, is significantly higher than the $2,400 base case used in the study. Heliostar Metals aims to be a low-capital, high-margin mining company, with the Ana Paula project being one of its flagship developments.",
  "summary": "The US$300 million tied to Heliostar Ana Paula is the initial capital cost in its economic study, not a new commitment to Guerrero. The post Heliostar Ana Paula Gold Project Costed at US$300 Million appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}