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Corporate Spotlight

DFS for stage 1 of the Kalongwe Project is very +ve ie capex of US$53M, NPV10 of US$186M & IRR of 99% (Pre-tax); 8 year mine life & 17month payback with JORC reserve of 8Mt Cu & 27ktCo. Further Stage 2 expansion via SXEW leaching and ext. of mine life to 14 years has been quantified
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