Dundee Precious Metals' updated pre-feasibility study for its Čoka Rakita gold project in Serbia reveals a significant increase in after-tax net present value (NPV) and internal rate of return (IRR), highlighting the project's strong financial potential.
Dundee Precious Metals ’ new pre-feasibility study for its Čoka Rakita gold project in Serbia raises the after-tax net present value by a quarter and the internal rate of return by 8% over the preliminary economic assessment from May.
“We are immediately proceeding to a feasibility study while advancing permitting activities in parallel, with the goal of commencing construction in mid-2026 to support first production of concentrate in 2028.” Total production over the underground mine’s 10-year life would come to 1.2 million oz. grading 6.38 grams gold per tonne.The study also updates the resource estimate at Čoka Rakita, pegging probable reserves at 6.6 million tonnes grading 6.38 grams gold for 1.3 million oz. of contained gold; 1.4 million indicated tonnes at 3.3 grams gold for 154 million oz., and 110,000 inferred tonnes at 3.11 grams gold for 11,000 contained ounces.
GOLD MINING Serbia Dundee Precious Metals PROJECTFINANCE ENERGETICS
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