PRECIOUS METALS

Anaconda posts 112,000oz/y Goldboro PEA

Anaconda Mining has published a preliminary economic assessment (PEA) for its Goldboro gold project in Nova Scotia, Canada for a 4,000 tonnes per day operation to produce an average of 112,000 ounces a year for 17.6 years.

Staff reporter
 Anaconda Mining's Goldboro project in Nova Scotia, Canada

Anaconda Mining's Goldboro project in Nova Scotia, Canada

The company said the project would yield an after-tax net present value of C$547 million at a 5% discount rate, an internal rate of return of 24.4% and a 3.2-year payback following a $286 million initial...

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