|
Highlight |
Units |
Bankable Feasibility Study |
Development Plan |
|
Evaluated Operating Period |
Years |
5 |
15 |
|
Annual Throughput (Flotation) |
Million Tonnes |
3 |
3 |
|
Copper Production |
Tonnes Cu pa |
34,400*2 |
36,400*2 |
|
Silver Production |
Moz Ag pa |
1.0*2 |
1.1*2 |
|
Average C1 Cash Costs |
US$/lb |
1.28*2 |
1.23*2 |
|
Capital Expenditure |
US$Millions |
175 |
175*1 |
|
Copper/Silver Price |
US$/lb,US$/oz |
3.00/17.00 |
3.00/17.00 |
|
Operating Surplus |
US$Millions |
390 |
1,142 |
|
Project NPV10 |
US$Millions |
251 |
375 |
|
Internal Rate of Return |
% |
32% |
32% |
|
Payback (after production commences) |
Years |
1.7 |
2.0 |
*1 US$40 million for coal-fired power funded from operating cash flow in 2012 and 2013
*2 During debt repayment period Jul 2012 to Dec 2014
A ground water resource for the Boseto Project that exceeds the Project’s supply requirements has been defined. The concentrate off-take was awarded to Transamine in March 2011 for the first 5 years of production.
The Boseto Copper Project is located in an area approximately 20 kilometres away from the nearest village but within close proximity to highways and infrastructure. The Company generates its own power requirements.
