Macquarie profits fall 32% on 'market volatility' and low-achieving 'green investments'
Macquarie Group Ltd (ASX:MQG) has shaved more than 30 percent off its net profit in the final quarter of the 2024 financial year (FY 2024), compared to the same time last year, with executives speaking cautiously about market volatility and @lower asset realisations’ from green in...
Corporate Spotlight
DFS for stage 1 of the Kalongwe Project is very +ve ie capex of US$53M, NPV10 of US$186M & IRR of 99% (Pre-tax); 8 year mine life & 17month payback with JORC reserve of 8Mt Cu & 27ktCo. Further Stage 2 expansion via SXEW leaching and ext. of mine life to 14 years has been quantified
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