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Prieska final investment decision looming

ORION Minerals CEO Errol Smart told the Mining Journal Select Conference a final investment decision on whether to go ahead with development of the “high margin” Prieska copper-zinc project in South Africa was “just a few months away.”

Richard Wachmann in London
Orion Minerals says current resources belie potential of district around Prieska in South Africa

Orion Minerals says current resources belie potential of district around Prieska in South Africa

According to Orion's bankable feasibility study, released this week, the project has a post-tax NPV of A$408 million (using an 8% discount rate), and an IRR of 33%, while payback occurs 2.9 years from...

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