Theta gold project proves viable

A feasibility study into the Theta gold project, in South Africa, has confirmed the project’s economics and commercial viability, ASX-listed Theta Gold Mines reported on Thursday.

The feasibility study has estimated a total capital cost of $34.3-million over the five-year mine life, which includes a $21.6-million required for the construction of the 500 000 t/y carbon-in-leach plant.