Workflow
Preliminary Economic Assessment (PEA)
icon
Search documents
Lundin Mining Corporation (LUN:CA) Discusses Preliminary Economic Assessment and Development Plan for Vicuna Project Transcript
Seeking Alpha· 2026-02-17 21:15
Core Viewpoint - The presentation focuses on the preliminary economic assessment (PEA) results for the Vicuna project, highlighting its potential and the updated mineral resource estimate that supports the assessment [2][3]. Group 1: Project Highlights - The agenda includes a walkthrough of the PEA highlights, details of the full-scale Vicuna project, and discussion on the updated mineral resource estimate [3]. Group 2: Leadership and Communication - Jack O. Lundin, President and CEO, emphasizes the importance of the presentation and encourages stakeholders to review the press release and additional details on the company's website [2].
1911 Gold Delivers Positive PEA for True North Highlighting Robust Economics with Low Capital Intensity and High Returns
Prnewswire· 2026-02-10 12:01
Core Viewpoint - 1911 Gold Corporation announced positive results from the Preliminary Economic Assessment (PEA) for the True North Gold Project, highlighting robust economics, low capital intensity, and high returns [1][2]. Group 1: PEA Highlights - The PEA indicates a steady-state production target of 58,114 ounces per annum over an 11-year mine life, with initial production expected to start in H1 2027 and test mining in H2 2026 [1][2]. - Estimated cash costs are US$1,390 per ounce, with an all-in sustaining cost (AISC) of US$1,897 per ounce [1][2]. - The project has an initial capital expenditure of $59.2 million, with additional capital of $46.7 million during the first two years and sustaining capital of $367.2 million over the life of mine (LOM) [1][2]. Group 2: Economic Metrics - The PEA shows a net present value (NPV) of $391 million at a 5% discount rate, an internal rate of return (IRR) of 105%, and a payback period of 2.2 years at a long-term gold price of US$3,000 per ounce [1][2]. - At a constant gold price of US$4,800 per ounce, the NPV increases to $998 million, with an almost immediate payback period of 1.0 year [1][2]. - The project is expected to generate $545 million in undiscounted after-tax free cash flow over its life, supporting approximately 326 full-time jobs [1][2]. Group 3: Mining and Processing - The True North Gold Project will utilize underground mining methods with a total mill feed of 4,066,000 tonnes at an average diluted grade of 4.32 grams per tonne gold, resulting in total payable gold production of 527,100 ounces [1][2]. - The processing facility has historically produced 1.93 million ounces of gold and is expected to achieve an average recovery rate of 93.5% over the LOM [1][2]. - The project includes a Tailings Management Facility (TMF) with sufficient capacity for approximately 775,000 tonnes, allowing for over two years of production under the PEA mine plan [2]. Group 4: Future Opportunities - The PEA results suggest potential for production growth by developing newly discovered zones adjacent to existing infrastructure, such as San Antonio Southeast, San Antonio West, and Shore [1][2]. - The company plans to explore additional resource opportunities within the Rice Lake Greenstone Belt, which includes the Ogama-Rockland gold deposit [2]. - Initiatives to enhance project economics include optimizing processing capacity, implementing advanced backfill solutions, and utilizing sensor-based ore sorting technology [2].
LaFleur Minerals Reports Assay Results Highlighting 2.05 g/t Au over 158.25 metres, Confirming Strong Gold Continuity at Swanson Gold Project
TMX Newsfile· 2026-02-04 12:30
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce drilling assay results from 12 validation drill holes completed at its Swanson Gold Deposit, as well as 28 additional regional exploration drill holes on the larger property. To date, LaFleur Minerals has reported results for 60 drill holes totalling 16,592 metres during its maiden drilling program in 2025. The validatio ...
Itafos Completes Updated Preliminary Economic Assessment for the Arraias Phosphate Project
Globenewswire· 2026-01-27 12:00
Core Viewpoint - Itafos Inc. announced the results of the updated Preliminary Economic Assessment (PEA) for its Arraias Phosphate Project in Brazil, indicating robust economics and supporting the company's fertilizer restart strategy [1][3]. Project Overview - The Arraias Project is a phosphate mine located in Tocantins, Brazil, with a focus on developing non-traditional fertilizers [1][4]. - The PEA was prepared by WSP Canada Inc. and consolidates all project work to date, adhering to NI 43-101 standards [4]. Mineral Resource Estimate - The current Mineral Resource estimate includes 2 million tonnes (Mt) of Measured and Indicated Resources and 3 Mt of Inferred Resources, with specific grades for breccia and conglomerate [6][8]. - The Measured Mineral Resources consist of 1.1 Mt of breccia at 17.7% P2O5 and 0.5 Mt of conglomerate at 12.1% P2O5 [8]. - The Inferred Mineral Resources include 2.4 Mt of breccia at 15.4% P2O5 and 0.6 Mt of conglomerate at 12.0% P2O5 [8]. Economic Analysis - The life-of-mine plan is approximately 14 years, with an estimated after-tax net present value (NPV) of $70.7 million USD, an internal rate of return (IRR) of 85%, and a payback period of around 2 years [8][27]. - The project anticipates capital expenditures of $8.0 million USD for beneficiation plant upgrades to produce single superphosphate (SSP) [8][21]. Production and Operating Costs - The mine plan includes production of approximately 630,000 tonnes of Direct Application Product (DAPR), 760,000 tonnes of Partially Acidulated Product (PAPR), and 2.3 million tonnes of SSP [11][27]. - Operating costs for phosphate rock mining are estimated at $1.68 per tonne for contract mining and $0.19 per tonne for owners' costs [25]. Infrastructure and Environmental Considerations - The project has established infrastructure, including administrative buildings and a tailings dam for waste disposal [19][20]. - An Environmental and Social Impact Assessment was prepared in 2010, and all necessary permits are currently valid or under renewal [31]. Future Recommendations - The company plans to conduct further exploration drilling to upgrade inferred mineral resources and assess the economic viability of the project [33][40]. - Additional testing and analysis are recommended to optimize production and mitigate risks associated with mining operations [33][40].
LaFleur Minerals Updates PEA and Beacon Gold Mill Restart Work
TMX Newsfile· 2026-01-26 15:26
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce major advancements with its Swanson Gold Deposit and Beacon Gold Mill which includes the advancement of technical studies evaluating the restart of gold production and retrofits to increase production rates at Beacon, as well as establishing requirements to expand its existing permitted tailings facility, all ...
Galway Metals Reports Robust PEA Results with 33% and 61% After Tax IRR, Using both Long Term and Spot Pricing Scenarios, Respectively
Accessnewswire· 2026-01-21 22:30
The second option is to construct our own mill. The toll-milling option is clearly a quicker and more efficient way to achieve production with a more modest capital expenditure of $117 million as well. Financially, the project is estimated to be a low-cost producer with AISC of US$1,987 per ounce. Management will push both the toll mill and build our own mill scenarios as we move forward. Our plans for the next 12 months are to continue to further optimize the project. More specifically, a work program full ...
Moon River Moly Announces Robust Updated Positive Preliminary Economic Assessment of Davidson Molybdenum-Copper-Tungsten Project Demonstrating Improved Economics
TMX Newsfile· 2025-12-23 12:00
Core Insights - Moon River Moly Ltd. has completed an updated Preliminary Economic Assessment (PEA) for the Davidson Molybdenum-Copper-Tungsten Project, indicating robust economic potential and an extended mine life [3][4]. Project Overview - The break-even cut-off grade for the mine is 0.11% MoS2, leading to a potentially mineable resource of over 436 million tonnes with a potential mine life of approximately 120 years [2]. - The updated PEA uses a cut-off grade of 0.22% MoS2, projecting a 20-year mine life with increased daily production from 7,000 tonnes to 10,000 tonnes [2][4]. Economic Metrics - The pre-tax net present value (NPV) is estimated at $1.747 billion with an internal rate of return (IRR) of 42%, while the after-tax NPV is $1.034 billion with an IRR of 32% at an 8% discount rate [9]. - Initial capital costs are projected at $672.3 million, including $106.3 million in contingencies [9][53]. Production and Costs - The mine is expected to produce an average of 6,020,000 kg of molybdenum, 679,600 kg of copper, and 151.7 tonnes of tungsten annually [9]. - The average cash cost for molybdenum is estimated at $22.11 per kg, with an all-in sustaining cost (AISC) of $22.80 per kg [9][55]. Mineral Resources - The measured and indicated mineral resource includes 80,756,000 tonnes grading 0.304% MoS2 and 0.037% Cu, with an inferred resource of 83,100,000 tonnes grading 0.036% WO3 [9][45]. - The resource estimate incorporates both copper and tungsten values, enhancing the economic viability of the project [30][32]. Infrastructure and Environmental Considerations - The project will utilize underground mining methods to minimize surface footprint, with an underground processing plant designed to reduce carbon emissions [4][6]. - The mine will employ battery-powered and automated mining equipment to further decrease CO2 emissions and operational costs [7][9]. Employment and Local Impact - The mine is expected to employ 238 persons once fully operational, contributing to the local economy of Smithers, which has a population of 5,400 [7].
Silvercorp Delivers Robust PEA for Condor Gold Project in Ecuador
Prnewswire· 2025-12-22 22:05
Core Viewpoint - Silvercorp Metals Inc. has released the results of its Preliminary Economic Assessment (PEA) for the Condor gold project in Ecuador, indicating strong economic potential based on the Mineral Resource Estimate prepared in accordance with NI 43101 standards [1][2]. Economic Results and Sensitivities - The PEA projects an after-tax net present value (NPV) of $522 million and an internal rate of return (IRR) of 29% at base case metal prices of $2,600/oz gold and $31/oz silver [5]. - At near spot metal prices of $4,300/oz gold and $60/oz silver, the after-tax NPV increases to $1,559 million with an IRR of 61% [5]. - The project has a mine life of 13 years, producing approximately 1,375 thousand ounces of payable gold and 5,266 thousand ounces of payable silver [5]. Production and Cost Estimates - The total mill feed is estimated at 21.34 million tonnes, with an annual processing rate of 1.8 million tonnes per annum [4]. - The average all-in sustaining cost (AISC) is projected at $1,258/oz net of by-product credits [5]. - Initial capital costs are estimated at $292 million, with a post-tax payback period of 3 years starting from commercial production [5][6]. Mineral Resource Estimate - The updated Mineral Resource estimate includes 10.15 million tonnes of indicated resources with an average grade of 2.30 g/t gold equivalent [26]. - Inferred resources total 30.10 million tonnes with an average grade of 2.49 g/t gold equivalent [26]. Next Steps - The company is advancing environmental permitting for underground development, with the environmental impact study approved and community consultations ongoing [29]. - Following the issuance of the environmental permit, the company plans to develop underground access tunnels to facilitate further exploration and resource upgrading [30]. Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating free cash flow and pursuing organic growth through exploration and acquisitions [33].
G2 Goldfields Delivers Maiden PEA for the High-Grade Oko Gold Project
Globenewswire· 2025-12-18 22:32
Core Insights - G2 Goldfields Inc. announced the key findings from its Preliminary Economic Assessment (PEA) for the Oko Gold Project in Guyana, highlighting its potential as a significant development project with attractive economics [2][3]. Overview - The PEA outlines a combined open pit and underground operation with a 14-year life of mine, estimating total production of 3.2 million ounces of gold at an average all-in sustaining cost (AISC) of $1,191 per ounce [4][9]. - The project includes 1.6 million ounces of gold in the Indicated category and 1.9 million ounces in the Inferred category, with an average annual production of 281,000 ounces from years 2 through 11 [4][9]. Financial Metrics - Initial capital expenditures are estimated at $664 million, with sustaining capital costs of $366 million over the life of the mine [6][34]. - The pre-tax net present value (NPV) at a 5% discount rate is projected at $3.471 billion, with an internal rate of return (IRR) of 46% [6][9]. - The after-tax NPV is estimated at $2.561 billion, with an IRR of 39% and a payback period of 2.6 years at a gold price of $3,000 per ounce [6][9]. Mining and Production - The open pit mine is expected to have a life of six years, while the underground mine will last for 14 years, with a total strip ratio of 5.4:1 [22][23]. - The average underground production rate is projected at 1,900 tonnes per day, with a total of 21.3 million tonnes of mineralized material expected to be mined at an average diluted gold grade of 3.9 g/t [24][22]. Processing and Recovery - The proposed process plant is designed to treat 3.6 million tonnes per year, utilizing a standard metallurgical flowsheet that includes comminution, gravity concentration, cyanide leach, and carbon-in-leach (CIL) processes [27][30]. - The overall gold recovery rate is estimated at 94% [29]. Environmental and Permitting - The company plans to submit its preliminary mine design to the Environmental Protection Agency (EPA) to apply for the environmental permit, with the Environmental Social Impact Assessment (ESIA) expected to be filed in Q1 2026 [38][39]. - The project area is not designated as a priority conservation site and does not overlap with protected or Indigenous lands [39]. Workforce - During construction, the workforce is projected to peak at approximately 1,250 personnel, with an average operational workforce of around 800 employees once the mine is in production [41].
Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali
Newsfile· 2025-11-25 10:30
Core Insights - Desert Gold Ventures Inc. has released an updated Preliminary Economic Assessment (PEA) for its SMSZ Gold Project in Mali, indicating a robust economic outlook with an after-tax NPV of USD $61 million and an IRR of 57% at a gold price of USD $2,850 per ounce [2][4][10] Project Overview - The PEA includes the Barani and Gourbassi deposits, projecting an increase in production capacity from 18,000 tonnes per month to approximately 36,000 tonnes per month over a mine life of 10 years [3][6] - The total gold production is estimated at 130,700 ounces, with 113,100 ounces expected to be recoverable through a gravity and CIL processing method [4][25] Financial Metrics - At a gold price of USD $2,850 per ounce, the project shows an after-tax NPV of USD $61 million and an IRR of 57%, with a payback period of 2.5 years [4][10] - If the gold price rises to USD $4,070, the after-tax NPV increases to USD $124 million, with an IRR of 101% and a payback period of 2.1 years [5][10] Production and Cost Estimates - The average all-in sustaining cost (AISC) is estimated at USD $1,137 per ounce, with total cash costs at USD $29.70 per tonne processed [7][22] - The project anticipates a cumulative cash flow of USD $126 million after tax over the 10-year mine life [11] Mining and Processing Strategy - The mining plan is structured in two phases, starting with Barani East and transitioning to Gourbassi, utilizing a modular processing plant to minimize initial capital costs [6][58] - The average strip ratio for the combined operations is estimated at 2.60:1, with a total of approximately 11 million tonnes of waste rock and 4.24 million tonnes of ore planned to be mined [9][37] Mineral Resource Estimate - The current PEA focuses on oxide and transitional mineralization, with total Measured and Indicated Resources at 11.12 million tonnes grading 0.94 g/t Au for 336,800 ounces [27][30] - The study excludes deeper sulfide mineralization, which may provide additional resources for future evaluations [28][33] Exploration and Future Plans - The company plans to continue exploration across Barani, Gourbassi, and Gourbassi East, with multiple near-mine targets identified for potential resource expansion [8][60] - Advanced discussions are underway with potential partners for funding to commence construction at Barani East [60]