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Revised Dokwe PFS estimates pre-tax net present value of above $1bn
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Revised Dokwe PFS estimates pre-tax net present value of above $1bn
London-listed Ariana Resources, which has assets in Africa and Europe, has published a revised prefeasibility study (PFS) for its Dokwe gold project, in Zimbabwe, which is based on a 1.13-million-ounce ore reserve and estimates a net present value (NPV) of above $1-billion. The updated PFS reports an updated ore reserve, key financial outputs and updated processing and operating costs estimated by Xinhai Mining Group.
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