Explorers & developers
Copper World gets $2.07 billion construction approval, with first production targeted for 2029
Every return figure uses a long-term copper price of $5.00 a pound, so the economics move with copper.
Category
Explorers & developers
Drill results, resource estimates, feasibility studies and projects moving toward production.
Explorers & developers Analysis
Magna Mining's 92.4% Levack IRR rests on a C$8.6 million net outlay and a preliminary study
A high IRR on a small cheque is easy to misread. I treat this restart as a company betting on a preliminary study, priced on Magna's deck and measured against that net-outlay math.