Sihayo to dish up 635 000 oz

The Sihayo gold project, in North Sumatra, would produce some 635 000 oz over an eight-year mine life, a definitive feasibility study (DFS) has found.

ASX-listed Sihayo Gold on Tuesday said that the DFS estimated the project would deliver earnings before interest, tax, depreciation and amortization of some $630-million over its mine live, and gross sales of some $1-billion.