Aura’s Mauritania uranium project to cost $62.9m

A definitive feasibility study (DFS) into the Tiris uranium project, in Mauritania, has found that the project could produce some 12.4-million pounds of uranium oxide (U3O8) over a 15-year period, with pre-production capital costs estimated at $62.9-million.

ASX- and Aim-listed Aura Energy on Monday reported that a C1 cash cost of $25.43/lb U3O8 had been estimated by the DFS, with all-in sustaining costs of $29.81/lb U3O8.