Tag: #IRR

Diamond drill set-up

Update: Metanor Resources – The Barry PEA

The higher gold price is a blessing for Metanor Resources (MTO.V) as not only does it help the company to generate a positive operating cash flow at Bachelor Lake (which helps to cover the capital expenditures and exploration expenditures), it also provides a welcome boost for the lower-grade Barry project. […]

Red Eagle Mining has released an excellent feasibility study

Red Eagle Mining has released an excellent feasibility study

Red Eagle Mining (RD.V) has announced the outcome of its feasibility study, and the result is much better than we anticipated. First of all, the initial capital expenditures decreased from $91M in the PEA to just $74M in the feasibility study. Additionally, the sustaining capital expenditures decreased sharply from $51M […]