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Whenever a company comes out with a PEA I always look at the CAPEX first. The fact is that, regardless of the size of the resource, the estimated mine life or the internal rate of return, the CAPEX number gives a good first approximation of whether a project is actually feasible.
Crown Mining Corp. (TSXV: CWM) (“Crown” or “the Company”) is pleased to report strong results of the Preliminary Economic Assessment (PEA) completed by Tetra Tech, regarding the Company’s Moonlight Copper Project located in Plumas County, California, USA.
Annual Financial and Operating Highlights:
President & CEO, Steve Roebuck, comments:
Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) is pleased to report fourth quarter 2017 and full year 2017 production results, as well as 2018 production, cost, and capex guidance.
“The run started on hopes (since dashed) of massive infrastructure investment in the US following the presidential election, but strikes in Q1, which at one point saw nearly a tenth of global production go offline, really set the tone for the year.
Crown Mining (V.CWM) reported the results from its metallurgy testing at its California Moonlight copper property.
Crown Mining Corporation (TSXV: CWM) (“Crown” or the “Company“) is pleased to announce that Peter McRae has been appointed to the Board of Directors, effective immediately.
Propose that I offered you an option on billions of pounds (maybe more) of copper with a delivery date six to ten years from now. What would that be worth?
Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has filed a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the Yauricocha Mine (the “Report”). The Report supports the disclosure made by the Company in its news releases dated September 28, 2017 entitled “Sierra Metals Significantly Increases Mineral Resource Estimate for Yauricocha Mine, Peru.” and dated October 26, 2017 entitled “Sierra Metals Significantly Increases Mineral Reserve Estimate for Yauricocha Mine, Peru.” There are no material differences in the mineral reserves and resources contained in the Report from those disclosed in the news releases.