Meridian Mining (TSX, LSE: MNO; US-OTC: MRRDF) has more than doubled the estimated value of its Cabaçal gold-copper project in Brazil in a new feasibility study, although the gain rests...
Meridian Mining released on Tuesday (22) the final feasibility study of the Cabaçal project, in Mato Grosso, which foresees initial investment of US$ 322 million for the development of a gold, copper and silver mine. The project will have estimated lifetime of almost 14 years and will be able to produce approximately 983,000 ounces of gold and 180,000 tons of copper during its operation. According to the miner, the study points to a net present …