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Feasibility for Adamus in Ghana

ADAMUS Resources has initiated a feasibility study at its Southern Ashanti gold project in Ghana after a scoping study indicated a 100,000 ounce per annum operation costing $US57 million ($A77.3 million) and producing gold at cash costs of $286 per ounce.

Michael Quinn
Feasibility for Adamus in Ghana

Adamus managing director Hamish Halliday told MiningNews.net the feasibility would likely cost around $A6-8 million, with completion targeted for the end of 2006. At a gold price of $US550/oz the project...

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