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Peregrine considering open-pit diamond mining on Baffin Island
Other PEA highlights include estimated life-of-mine pretax free cash flow of C$1.31 billion; estimated preproduction capital costs of approximately C$434.9 million, including a C$56.7 million contingency; life-of-mine average operating costs of C$94/mt processed, or C$58/carat recovered; operating margin of 72%; after-tax payback period of two years; and life-of-mine average mining head grade of 1.67 carats/mt.
Peregrine considering open-pit diamond mining on Baffin Island
Other PEA highlights include estimated life-of-mine pretax free cash flow of C$1.31 billion; estimated preproduction capital costs of approximately C$434.9 million, including a C$56.7 million contingency; life-of-mine average operating costs of C$94/mt processed, or C$58/carat recovered; operating margin of 72%; after-tax payback period of two years; and life-of-mine average mining head grade of 1.67 carats/mt.
Peregrine considering open-pit diamond mining on Baffin Island
2016
Article (Journal)
English
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