Augusta updates Rosemont feasibility

摘要

An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima Cty., Ariz., has found that the proposed mine would have an after-tax net present value of 5 percent, or 1.28 billion US dollars, at a copper price of 1.85 US dollars per lb., Augusta Resource (AZC-T, AZC-X) reports. The study replaces a 2007 feasibility study on Augusta's 100 percent-owned Rosemont project and confirms that it is an "economically robust" open-pit copper-molybdenum mine with "low development risk," the Vancouver-based company said in a press release.