Cornish Metals (TSX-V, AIM: CUSN) announced on Tuesday that its South Crofty tin project in Cornwall, UK, carries an after-tax net present value (NPV6) of £180 million ($235 million) and an internal rate of return of 20%, according to its updated Preliminary Economic Assessment (PEA)
The study outlines a 14-year mine life with total production of 49,168 tonnes of tin Average annual output is expected at about 4,700 tonnes between years two and six—equivalent to 1
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Source and Credit: mining.com