Mining Briefs: Lynas, Intermin and more

IN today’s Mining Briefs: Lynas repays debt; study confirms Intermin project economics; Marindi settles with Kidman; Talisman secures loan; and strong exploration results from Thundelarra, AVZ, Genesis, Eastern Goldfields and Southern Gold.

Mining Briefs: Lynas, Intermin and more Mining Briefs: Lynas, Intermin and more Mining Briefs: Lynas, Intermin and more Mining Briefs: Lynas, Intermin and more Mining Briefs: Lynas, Intermin and more

Lynas' Mt Weld mine in WA

Lynas Corporation has made a voluntary early repayment of US$20 million under its senior loan facility with JARE.

The company has $150 million of principal remaining under its senior secured facility and $15.24 million in unsecured convertible bonds.

Lynas CEO Amanda Lacaze said the early repayment was a reflection of the company's positive cashflow.

The feasibility study for Intermin Resources' Goongarrie Lady project in Western Australia's Goldfields has delivered positive results.

Upfront capital costs are set to be just A$730,000 for an open pit to produce 135,000 tonnes at 2.94 grams per tonne gold for 12,700 ounces of gold over seven months at all-in sustaining costs of $1164 an ounce.

The project generat...

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