Aim-listed gold and nickel exploration and development company Katoro Gold reports that a scoping study on its joint venture (JV) Blyvoor Gold tailings retreatment project has an unlevered project net present value of $131-million, a 25% internal rate of return and a return on investment of 260%.
Mining consultant and explorer Minxcon was mandated by JV partner Blyvoor Gold Operations to complete a scoping study on the project, in Carletonville, to independently assess and evaluate all historical technical studies and development work that has been done in terms of the tailings facilities.