Minyari Dome gold project, Australia
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Name of the Project
Minyari Dome gold project.
Location
Western Australia’s Paterson province.
Project Owner/s
Antipa Minerals.
Project Description
A scoping study has confirmed the technical and financial robustness of a standalone gold mining and processing operation at Minyari Dome.
The study envisages an initial combined openpit and underground mining operation of 21.4-million tonnes at 1.6 g/t gold. The operation will have a nameplate throughput of three-million tonnes a year over a seven-year mine life, with average gold production estimated at 122 000 oz/y.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an estimated pretax net present value, at a &% discount rate, of A$392-million and an internal rate of return of 24%, with an after-tax payback of 2.5 years from first production.
Capital Expenditure
The project has a total preproduction capital cost of A$275-million.
Planned Start/End Date
Not stated.
Latest Developments
The Antipa Minerals board has approved the project to advance to prefeasibility, which is scheduled for completion in the fourth quarter of 2023.
Key Contracts, Suppliers and Consultants
Snowden Optiro and Strategic Metallurgy (scoping study).
Contact Details for Project Information
Antipa Minerals, tel +61 8 9481 1103 or email admin@antipaminerals.com.au.
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