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Cerrado jumps on Monte do Carmo PEA

Cerrado Gold has released a preliminary economic assessment (PEA) for its Monte do Carmo gold project in Tocantins, Brazil which includes the recently expanded resources at the Serra Alta deposit.

Staff reporter
Cerrado Gold's Monte do Carmo in Tocantins, Brazil

Cerrado Gold's Monte do Carmo in Tocantins, Brazil

The project would produce 131,000 ounces a year for eight years at an all-in sustaining cost of US$612/oz following an initial capital expenditure of $126 million, giving the project a capital efficiency...

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