For thousands of other reports visit RSC's Mineral Intellingence Map
Myanmar Metals Ltd.
Summary
| Project: | Bawdwin | |
|---|---|---|
| Deposit: | Bawdwin | |
| Location: | Myanmar | |
| Commodities: | Lead-Zinc-Silver | |
| Date: | 5/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-5-2019: Myanmar Metals Ltd. announces a Pre-Feasibility Study report for its Bawdwin deposit at the Bawdwin project. PFS results incl. pre-tax NPV of US $580M (8%), IRR of 30%, Initial ore reserve. In steady state production, Bawdwin’s Starter Pit would | |
| Resources: | (Reserve, Prob.): 18.4Mt @ 6.4% Pb, 3.4% Zn, 169g/t Ag | |
| CP/QP: | [Overall Report]: Andrew Ford (Internal) | |
| ABSTRACT: | In steady state production, Bawdwin’s Starter Pit would be the 3rd largest-producing lead mine in the world, the 10th largest-producing silver mine in the world, as well as being a globally significant zinc producer. 4 The PFS clearly shows strong underlying project cashflows and valuation metrics for the Starter Pit from processing only 26% of the current total Mineral Resource estimate for the Bawdwin deposits. Beyond the Starter Pit, which is the sole focus of the PFS, underground mining operations and the Shan and Meingtha lodes are in scoping study phase and a number of other targets and prospects have potential to materially add mine life and value to the Bawdwin mining operation. Benchmarking capital costs shows that Bawdwin has one of the lowest capital intensities among comparable projects. Bawdwin is also within the lowest quartile of the zinc cost curve (see sections 1.12 and 1.13). The PFS combines results of work completed in conjunction with leading consultants in a variety of disciplines and, in the Board’s view, represents a conservative and achievable case to present to stakeholders. Relative to the China Pit Scoping Study released in September 2018, the PFS presents project physical and financial estimates with a higher degree of certainty and confidence. These estimates will be further refined in the definitive feasibility study (DFS). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report