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Cardinal cuts Namdini capex, improves economics

Cardinal Resources has released the long-awaited feasibility study for its Namdini gold project in Ghana, confirming an improvement in project economics.

Kristie Batten
The location of the Namdini starter pit in north-eastern Ghana

The location of the Namdini starter pit in north-eastern Ghana

Capital costs for the 9.5 million tonne per annum open pit development are US$390 million, including $42 million contingency, down from $414 million in last year's prefeasibility study. At a $1,350...

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