What kind of capex is required to block and cave mine low grade porphyries say up to 500m under ground on remote island locations with little infrastructure in place?
2B? 5B? 10B?
What Gold price do you need to make it economic ?
Interesting first posts there UGMiner007.
I only recently learned that lihir operation is mostly powered by geothermal energy. And still struggling with plant issues.
One of NCM's mining leases (not related to FNT) looks like it won't be getting renewed. Same as Ok Tedi.
I heard it on the grape vine. Don't shoot the messenger.
Ann: Assay Results for Andewa Drill Holes , page-12
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