- Fortuna Silver Mines yesterday announced the completion of the previously announced acquisition of Chesser Resources , owner of the preliminary economic assessment stage Diamba Sud gold project in Senegal.
Chesser owns the preliminary economic assessment stage Diamba Sud gold project in Senegal, one of the new and emerging gold discoveries in the region. Chesser holds tenements in Senegal covering approximately 872 km2 of prospective ground located close to tier one gold mines. The scoping study on Diamba Sud demonstrated that the project is a conventional open pit and CIL process design and has the potential to generate a post-tax NPV5% of US$218 million and 43% IRR over a 7.5-year mine life.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wednesday's Charts for Gold, Silver and Platinum and Palladium, September 20Get the Big Picture view on gold, silver and other precious metals markets with Kitco Senior Analyst. With thorough analysis, get a sense of today's market as well as where it may be heading. Be in the lead.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Sierra Metals puts Cusi silver mine on sale block, pivots toward copperA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Gold and silver rip higher, but will Powell spoil the party?Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Thursday's Charts for Gold, Silver and Platinum and Palladium, September 21Get the Big Picture view on gold, silver and other precious metals markets with Kitco Senior Analyst. With thorough analysis, get a sense of today's market as well as where it may be heading. Be in the lead.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »