PRECIOUS METALS

Nighthawk posts attractive Colomac economics

Nighthawk Gold has reported a preliminary economic assessment for an open pit gold mining operation at its Colomac project near Yellowknife in the North West Territories of Canada, outlining average annual production of 290,000oz at an US$828/oz all-in sustaining cost over an 11.2-year mine life, with peak production of 340,000oz.

Nighthawk Gold's Colomac in NWT, Canada

Nighthawk Gold's Colomac in NWT, Canada

The project would yield an after-tax net present value of C$1.2 billion at a 5% discount rate with a 35% internal rate of return at a US$1,600/oz gold price, following a C$654 million initial capital expenditure,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.