PFS supports new South Australia copper/gold mine

ASX-listed Havilah Resources on Tuesday published the prefeasibility study (PFS) for its Kalkaroo project, which indicates that a new openpit mine producing 30 000 t/y of copper and 72 000 oz/y of gold was feasible.

The study was previously prepared for potential partner Wanbao Mining by RPMGlobal Asia and Havilah said it released the results on Tuesday to inform the market ahead of a meeting for the approval of a proposed transaction with GFG Alliance member Simec Mining.