New Pacific Metals lifts Carangas Bolivia project post-tax NPV to USD 2.65 billion in updated PEA
NEWP•Capital costs, payback and expansion plan
Initial capital is estimated at USD 644.5 million, with a post-tax payback period of 2.4 years.
The plan includes expanding processing to 16 Mtpa in year 6 and adding an 8 Mtpa gold circuit in year 9.
Updated PEA lifts Carangas project economics
New Pacific Metals released an updated preliminary economic assessment for its Carangas mining project in Bolivia, lifting projected economics on higher throughput.
- Base-case post-tax NPV (5%) of USD 2.65 billion
- Post-tax IRR of 35.9% using USD 45/oz silver and USD 3,400/oz gold
- 19-year mine life, excluding two years of pre-production
- Projected output of 339 million oz silver-equivalent, including 195 million oz payable silver
