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EnviroGold Global Announces Digital Simulation Completion and Process Enhancements Delivering an Additional USD 232M Pre-Tax Life of Mine Cash Flow
Globenewswire· 2025-07-14 10:30
Core Insights - EnviroGold Global Limited has achieved a significant milestone in the development of its NVRO Process™, enhancing both economic and environmental performance through digital simulation [1][6][11] Financial Impact - The optimizations are projected to deliver an additional USD 232 million in pre-tax, life-of-mine cash flow, with a net present value (NPV10) of USD 140.6 million for a customer's tailings project [2][8] - Expected annual pre-tax income from these enhancements is estimated at USD 29 million, totaling USD 232 million over the project's 8-year life [6][8] Process Enhancements - Key improvements include a 35% reduction in feed volume and a 67.6% reduction in concentrate output, leading to significant cost savings in logistics and third-party processing [2][6][13] - Concentrate grades for gold and silver have increased by factors of 2.86 and 4.5, respectively, compared to previous studies, enhancing the value and marketability of the product [7][13] Operational Efficiency - The annual concentrate tonnage has decreased from 417.9 kt to 135.2 kt, representing a 67.6% reduction, which translates to savings of approximately USD 13.7 million in treatment and refining charges and USD 15.3 million in logistics costs [6][13] - The pre-concentration stage is expected to achieve an 85% gold recovery rate, with significant reductions in reagent, power, and consumables consumption anticipated [6][8] Sustainability and ESG Performance - The NVRO Process™ is expected to reduce water usage and lower greenhouse gas emissions, improving the company's environmental, social, and governance (ESG) performance compared to conventional mining methods [6][12] Future Plans - Minor modifications to the demonstration plant are underway to realize the benefits of the enhanced flowsheet, with a full demonstration campaign expected in Q3 2025 [9][10] - Following the demonstration campaign, the company plans to update its financial model for the NVRO Process™ in Q4 2025 [10]