MGO marengo mining limited
Add to My Watchlist 0.00% ! 14.0¢

Wafi-Golpu and the Nambonga deposit, ore resources are around 1...

  1. Weihuawang
    1,015 Posts.
    clock Created with Sketch.
    30/08/12
    14:20
    Post #: 10647213
    Wafi-Golpu and the Nambonga deposit, ore resources are around 1 BT @ 0.63g/t gold and 0.9% copper.

    But ore body stands 700m below the surface, and underground mining will be used.

    If their CAPEX is around $4.8B, what's the CAPEX cost for MGO at the same ore production annual rate at 25MT?

    Yandera looks more like PNG's Ok Tedi Mine, which had been successfully open pit mining for 20 years and ore resources were estimated at 344 Mt grading at 0.88% copper and 0.92 g/t gold.
    MGO Price at posting: 12.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.