Lumina's Taca Taca shows robust economics

摘要

A preliminary economic assessment of Lumina Copper's (LCC-V) enormous Taca Taca project, among the world's top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax internal rate of return, using an 8% discount rate, a US$2.75 per lb. copper price and a mine life of nearly three decades. The PEA evaluates the merit of building a mine and concentrator at the copper-molybdenum-gold project in northwestern Argentina's Salta province, about 90 km east of Escondida, the world's largest copper mine.