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Cost up but cash improved for Woodlark development

GEOPACIFIC Resources says an extensive technical review to provide increased confidence in its shovel-ready Woodlark gold project, two years after the definitive feasibility study was completed, has delivered improved economics, despite a higher capital cost.

Haydn Black
Village relocation is key to Woodlark's development

Village relocation is key to Woodlark's development

Using a forecast gold price of A$2200 per ounce, and all-in sustaining costs of $1239/oz over the 13-year mine life, the review has increased post-tax net present value by 76% to $347 million, with an...

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