Minnova PEA values PL Gold Mine restart at USD 180.6 million after tax at 5% discount rate
Bitget2026/10/14 21:16- Minnova announced a preliminary economic assessment for restarting its PL Gold Mine in Manitoba, targeting first production in 2028.
- At USD 3,000/oz gold, estimated after-tax net present value at a 5% discount rate totals USD 180.6 million; IRR reaches 111%.
- Pre-production capital is estimated at USD 53.4 million, with payback projected at 0.68 years from production start.
- Planned recovered gold totals 621,500 ounces over 10 years; all-in sustaining costs average USD 2,288/oz.
- At USD 4,000/oz gold, estimated after-tax net present value at a 5% discount rate rises to USD 438.9 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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