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Silver Mineral Reserves: Probable Mineral Reserves of 479 million ounces of silver, approximately 5.2x the 91.7 million ounces reported previously.
Long-life and high production: A 32-year project producing an average of 15 million ounces of silver per year during the first 18 years of production.
Robust project economics: An after-tax net present value (NPV) of $737 million at base case metal prices and $1.7 billion at spot prices. An after-tax internal rate of return (IRR) of 12.8% at base case metal prices and 21.2% at spot prices.
Capital expenditures: Total construction costs of $741 million, including $157 million of pre-production operating costs and $131 million of pre-production revenue.
Low technical risk: Utilizes standard truck-and-shovel open-pit mining methods and well-established flotation and leach processing methods.