EXPLORATION & DEVELOPMENT

Orca outlines two-phase mine with 24.2% IRR

Orca Gold (TSX:ORG) has worked out a 228,000-ounce-per-annum plan for the 70%-owned Block 14 gold project in Sudan, with a twist that sees mining finished after year eight.

The pits: Orca will mine the majority of ore at the GSS pit

The pits: Orca will mine the majority of ore at the GSS pit

The 14-year project has an estimated cost of US$328 million and a post-tax IRR of 24.2% using a gold price of $1,250 per ounce. The feasibility study sees production peaking in the sixth year at 251,000oz....

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.