Golden Cross revises savings view
Golden Cross completed an assessment of capital cost items for the Copper Hill project in South Australia.
Golden Cross completed an assessment of capital cost items for the Copper Hill project in South Australia. It says the cost savings realised by sourcing much of the equipment from China will be “30 per cent to 40 per cent lower than earlier estimates". The route of producing a copper-gold concentrate for sale to smelters is a preferred option and the roaster-acid plant-SXEW-CIL complex for Port Pirie will now be shelved.
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