EXPLORATION & DEVELOPMENT

Pie in sky looking numbers for Frieda River revealed

THE good news for Highlands Pacific is the feasibility study for its 20% owned Frieda River copper-gold project in Papua New Guinea has been completed. The bad news is the integrated development has a price tag running into the many billions!

Staff reporter
Pie in sky looking numbers for Frieda River revealed

As envisaged by 80% owner Guandong Rising Assets Management, the entire project requires total capital investment of more than US$7 billion, with that price tag encompassing the cost of the mine development,...

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