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Galena delivers Abra DFS

THE definitive feasibility study for Galena Mining’s Abra base metals project in Western Australia’s Gascoyne region has delivered a higher net present value, longer mine life and lower cash costs compared to the prefeasibility study, with a not unexpected 5% rise in capital costs.

Haydn Black
Abra is looking better after an improved DFS.

Abra is looking better after an improved DFS.

The development bill will now cost around A$170 million, a modest rise tipped by several analysts compared to the PFS total of $154 million.   Pre-tax internal rate of return has narrowed from 50%...

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