The Extended Scoping Study defined an execution model with the following configuration:
�� 40Mtpa Open pit with a LOM strip ratio of 0.96. �� A two line concentrator delivering concentrate to be exported via pipeline to a new port on the north coast of PNG. �� 600ktpa copper concentrate containing 260,000oz gold pa for the first 10 years then average of approximately 450ktpa copper concentrate and 200,000oz gold pa for the balance of 27 years of mine life. �� Copper concentrate grade 31% �� On site hydro power generation. �� Project delivering 4.29Mt copper metal and 6.41Moz over 27 year mine life
HIG Price at posting:
12.0¢ Sentiment: None Disclosure: Held
