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Cardinal cuts Namdini capex, improves economics

Cardinal Resources has released the long-awaited feasibility study for its Namdini gold project in Ghana, confirming an improvement in project economics.

Cardinal cuts Namdini capex, improves economics Cardinal cuts Namdini capex, improves economics Cardinal cuts Namdini capex, improves economics Cardinal cuts Namdini capex, improves economics Cardinal cuts Namdini capex, improves economics

The location of the Namdini starter pit in north-eastern Ghana

Capital costs for the 9.5 million tonne per annum open pit development are US$390 million, including $42 million contingency, down from $414 million in last year's prefeasibility study.