Mining

The announcement compares new check assays with the original historic values. In hole 201200106, the re-assay returned 14.6 metres at 542 g/t silver, including 6.7 metres at 1,038 g/t, against an original 14.6 metres at 471 g/t including 6.7 metres at 932 g/t. The …

The deal brings the Thaduna and Green Dragon copper deposits into BOA's portfolio. CVA had acquired those deposits from Sandfire Resources Limited (ASX:SFR). BOA says the combined deposits hold a JORC 2012 Mineral Resource of 5.3 million tonnes at 2.3 per cent copper, containing …

Dividends and interest income was K1.552 million, compared with K1.417 million a year earlier. General and administration expenses rose to K14.873 million from K8.645 million. The company attributes the higher costs to a one-off contract termination fee of AUD 1.0 million, equivalent to PGK …

The release is labelled preliminary and unaudited. Champion said the figures are based on management's current estimates, have not been reviewed by its auditors and remain subject to the quarterly financial close and review procedures, so final results may differ from those now published.

At Attina, hole 26MIE-014 intersected 12 metres at 0.60 per cent copper and 0.14 grams per tonne gold from 12 metres, including 1 metre at 1.38 per cent copper. Hole 26MIE-016 returned 5 metres at 1.21 per cent copper and 0.22 grams per tonne …

The company says it has firm commitments from sophisticated and professional investors to raise $900,000 before costs through 100,000,000 fully paid ordinary shares at $0.009 each. The first tranche of 6,585,000 shares, about $59,000, has been issued under existing placement capacity. The second tranche …

For Phase 1, the company reports a pre-tax net present value of $1,290 million and an internal rate of return of 36%, with a post-tax net present value of $867 million and a post-tax return of 29%. Payback is four years and mine life …