SMI 1.47% $1.01 santana minerals limited

Ann: Outstanding Economics - RAS Scoping Study (First 10 Years), page-20

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    probably unlike many WA mines the power being from hydro is likely cheaper than diesel or bunker fuel.

    Would not be surprised if Macraes , also has a special deal with the power generation company , ie have extra redundancy capacity for the crushers and run them at night at lower power charging costs .

    I know they recently got a main shovel loader that is run off grid power (first one in NZ ) looks to be around a 300 tonner .

    Capricorn (CMM) is one of the lowest AISC miners in WA and has a head grade of around 1 gram a tonne , a low strip ratio , high recoveries and low BWI helps
    Last edited by plough: 20/05/24
 
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