Taking into account significant increases in the prices of palladium, rhodium, gold and nickel over the last three years, TSX-listed Ivanhoe Mines has decided to publish an updated definitive feasibility study (DFS) for the Platreef project, along with a preliminary economic assessment, later this year.
Assumed commodity prices in the initial DFS were $1 600/oz for platinum, $815/oz for palladium, $1 300/oz for gold, $1 500/oz for rhodium, $3/lb for copper and $8.90/lb for nickel.