Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia
The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.
Gold miner Solidcore, formerly known as Polymetal, has completed the acquisition of a 55% interest in Kazakhstan’s Syrymbet tin deposit “following satisfaction of all outstanding conditions to closing”, it said on Friday.
Solidcore said in October it agreed to buy a share in Syrymbet deposit from Lancaster Group subsidiary Berkut Mining for $82.5 million.
(By Anastasia Teterevleva; Editing by Mark Trevelyan)
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