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Dateline Resources to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-18 16:29
Company Overview - Dateline Resources Limited is an Australian company focused on mining and exploration in North America, owning 100% of the Colosseum Gold-REE Project in California [4]. - The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California, with a JORC-2012 compliant Mineral Resource estimate of 27.1 million tonnes at 1.26 grams per tonne gold, totaling 1.1 million ounces [5]. Recent Developments - On May 23, 2025, Dateline announced updated economics for the Colosseum Gold Project, revealing a net present value (NPV) of US$550 million and an internal rate of return (IRR) of 61% based on a gold price of US$2,900 per ounce [6]. - The company has commenced planning for drill testing the rare earth element (REE) potential at Colosseum, which is located less than 10 kilometers north of the Mountain Pass Rare Earth mine [6]. New Acquisitions - Dateline has acquired the Argos Strontium Project, the largest strontium deposit in the U.S., located in San Bernardino County, California, with previous celestite production grading over 95% SrSO4 [7]. Upcoming Events - Mr. Stephen Baghdadi, Managing Director of Dateline, will present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025, at 3:30 PM ET, with opportunities for one-on-one meetings available on November 20, 21, 23, and 24 [1][2].
SSR Mining adds 12 years to Colorado gold mine
MINING.COM· 2025-11-11 15:58
Core Viewpoint - SSR Mining has announced a new technical study for the Cripple Creek & Victor (CC&V) gold mine, indicating an increase in mineral reserves and an extended projected life for the asset [1][2]. Mineral Reserves and Mine Life - CC&V's mineral reserves are now estimated at approximately 2.8 million ounces of gold, an increase from 2.4 million ounces at the end of 2024, allowing for an additional 12 years of mining and stacking, followed by 14 years of residual leaching [2]. - The mine's life plan suggests a long-lived operation, as stated by SSR's executive chairman [2]. Acquisition and Financial Performance - SSR Mining acquired CC&V from Newmont in February, and the operation has already generated over $100 million in after-tax free cash flow, effectively paying back the acquisition cost [3]. - CC&V is projected to produce between 90,000 to 110,000 ounces of gold in the current year, with an average annual output expected to be 141,000 ounces from 2026 to 2028 [3]. Net Present Value and Internal Rate of Return - At an average gold price of $3,240 per ounce, CC&V's after-tax net present value (NPV) is estimated at $824 million, which could rise to approximately $1.5 billion if gold averages $4,000 per ounce [4]. - The acquisition has an implied internal rate of return exceeding 100% based on cash payments and projected cash flow [4]. Resource Expansion Potential - The new technical report includes a proposed expansion of the mine's open pits and leach pads, with significant ore expected to be sourced from existing operational pits [5]. - CC&V holds 235.1 million proven and probable tonnes grading 0.37 grams of gold per tonne, totaling 2.8 million ounces, with additional measured and indicated resources of 4.8 million ounces and inferred resources of 2 million ounces [6]. Future Mine Life Extensions - The additional 6.8 million ounces of resources not included in the current mine plan provide SSR with significant optionality to extend CC&V's mine life in the future [7]. - Analysts view CC&V as a generational asset for SSR, offering substantial free cash flow and leverage to higher gold prices [7]. Cost Projections - SSR anticipates all-in sustaining costs to average $2,051 per ounce of gold sold during the 2026-28 period, and $2,135 for the 2026-30 period [8]. - The higher-than-expected life-of-mine unit operating costs have surprised analysts, exceeding previous estimates and actual costs incurred by both SSR and Newmont [8]. Location and Market Performance - CC&V is situated about 160 km southwest of Denver, covering 61 square kilometers in a prolific U.S. gold mining district, with extensive drilling completed [9]. - SSR's shares experienced a slight decline of 0.2% to C$29.11, giving the company a market capitalization of approximately C$5.9 billion ($4.2 billion) [9].
Solaris Publishes Positive Pre-Feasibility Study Results and Maiden Mineral Reserve for the Warintza Project, with Significant Mineral Resource Increase, an Extensive Mine Life, and US$4.6bn NPV
Globenewswire· 2025-11-06 11:00
Core Insights - Solaris Resources Inc. announced the results of a Pre-Feasibility Study (PFS) for its Warintza Project, highlighting a significant increase in mineral resources and the establishment of maiden mineral reserves [2][5][28] - The Warintza Project is positioned to capitalize on a tightening copper market, with exceptional economics and a strong community support framework [4][6][20] Mineral Resource and Reserves - The updated Mineral Resource Estimate (2025 MRE) includes 3.7 billion tonnes of Measured and Indicated Resources, 2.1 billion tonnes of Inferred Resources, and 1.3 billion tonnes of Mineral Reserves [5][26] - The 2025 MRE reflects a 312% increase in Measured plus Indicated Mineral Resources compared to the 2024 MRE, with significant new mineralization identified [26][39] Economic Metrics - The project is expected to generate an average annual copper equivalent production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years [7][14] - The post-tax net present value (NPV) is estimated at US$4,617 million, with a post-tax internal rate of return (IRR) of 26% [7][29] - Initial capital costs are projected at US$3.7 billion, with a payback period of 2.6 years post-tax [7][29] Production and Operating Costs - The average All-In Sustaining Cost (AISC) is projected at US$0.85 per pound of payable copper for the first five years and US$1.07 for the first 15 years [7][29] - The project will utilize conventional open-pit mining methods, with a low strip ratio of 0.53 to 1, enhancing its economic viability [24][46] Community and Environmental Engagement - The company has established formal agreements with local Indigenous communities, ensuring shared benefits and participatory decision-making [20][21] - Solaris maintains close engagement with government authorities to facilitate permitting and environmental assessments [22][36] Infrastructure and Accessibility - The Warintza Project benefits from strong existing infrastructure, including paved highways and proximity to ports, which supports efficient transportation of materials [19][58] - The power supply for the project will be sourced from a 62.1 km overhead transmission line, ensuring adequate energy for operations [59]
X @Investopedia
Investopedia· 2025-10-02 11:30
Investment Analysis - Net Present Value (NPV) and Internal Rate of Return (IRR) are used to evaluate new investment project potential [1] - The report provides guidance on how to calculate NPV and IRR [1]
Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment
Newsfile· 2025-08-21 10:30
Core Viewpoint - Radisson Mining Resources has filed a technical report for the O'Brien Gold Project, highlighting its high value and low capital costs due to the use of neighboring milling facilities [1][2]. Project Overview - The O'Brien Preliminary Economic Assessment (PEA) indicates a project that utilizes existing infrastructure, which reduces capital costs and development risks [2]. - The ongoing drill program aims to delineate new gold mineralization beyond the current Mineral Resource Estimate (MRE) [2]. PEA Highlights - The PEA was conducted by Ausenco Engineering Canada ULC, with contributions from InnovExplo, BBA Inc., and SLR Consulting [3]. - Key financial metrics include an after-tax Net Present Value (NPV) of $532 million, an Internal Rate of Return (IRR) of 48%, and a payback period of 2.0 years at a gold price of US$2,550/oz [7]. - Initial capital costs are estimated at $175 million, with sustaining capital of $173 million over the mine's life [7]. - The project is expected to have an 11-year mine life, producing 740,000 ounces of gold with an average recovery rate of 87% [7]. Financial Metrics - Cash costs are projected at US$861/oz, with an All-In Sustaining Cost (AISC) of US$1,059/oz, which includes a conceptual 30% toll milling margin [7]. - The project is characterized as capital efficient, with an NPV to initial capital cost ratio of 3.0 at the specified gold price [7]. - Average steady-state gold production is estimated at 70,000 ounces per annum, generating an average annual after-tax Free Cash Flow of $97 million during years 2-8 [7]. Company Background - Radisson Mining is focused on the O'Brien Gold Project, which is located in the Bousquet-Cadillac mining camp in Abitibi, Québec [14]. - The indicated mineral resources are estimated at 0.58 million ounces, with additional inferred resources of 0.93 million ounces [14].
Meeka Metals (MEK) Earnings Call Presentation
2025-07-24 04:15
Financial Performance & Production Plan - The company's FS2.0 outlines a 10-year production plan, targeting up to 76 thousand ounces (koz) of gold per annum (pa), with an average of 65 koz pa for the first 7 years[14] - The Murchison Gold Project is expected to generate $1 billion in undiscounted pre-tax free cash flow over the 10-year production plan[14] - At an AUD gold price of $4,100 per ounce, the project's Net Present Value (NPV) at an 8% discount rate is $616 million, with an Internal Rate of Return (IRR) of 180%[14] - The company has a strong cash position of $56 million and no debt as of June 30, 2025[14] - The company's market capitalization is $437 million, with an enterprise value of $381 million[18] Operational Highlights - Open pit mining is ramping up, with a third mining fleet now in operation, and underground (UG) mining commenced in July 2025[14] - The processing plant is being upgraded to a capacity of approximately 600 thousand tonnes per annum (ktpa)[42] - Stage 1 oxide open pits are projected to produce 55 koz of gold at a grade of 2.6 grams per tonne (g/t) Au, optimized at an AUD gold price of $2,350 per ounce[45] - Underground mining at Andy Well is restarting rapidly in July 2025, 12 months ahead of the DFS2.0 schedule[56] Resource & Reserve Base - The Murchison Gold Project has a resource of 1.2 million ounces (Moz) of gold at a grade of 3.0 g/t Au and reserves of 400 koz at a grade of 3.1 g/t Au[41] - The Andy Well underground mine has a high-grade resource of 505 koz at 8.6 g/t Au[60]