Pyrite dollars at Mount Morgan

NEW Mount Morgan gold and copper developer Carbine Resources has confirmed it will sell the pyrite yielded at the project such that the projected all-in-sustaining-cost of gold production could be as low as $US234 per ounce.

Pyrite dollars at Mount Morgan Pyrite dollars at Mount Morgan Pyrite dollars at Mount Morgan Pyrite dollars at Mount Morgan Pyrite dollars at Mount Morgan

Mount Morgan in Queensland has historically been a pyrite producer and the “binding offtake” deal promoted by Carbine today is for $A25 million per annum.