29/09/2020 - 13:41

Calidus DFS confirms compelling financials for Warrawoona gold mine

29/09/2020 - 13:41

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ASX-listed Calidus Resources has increased the underground ore reserves component of its planned $120 million Warrawoona mine in WA’s East Pilbara as part of the budding gold producer’s just-released definitive feasibility study on the project. The DFS showed free cash flows after tax of $447 million or $53.85 million a year and an average EBITDA of $110 million per annum over an initial mine life of 8.3 years.

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