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Minnova Announces Positive Preliminary Economic Assessment for the PL Gold Mine Restart: After-Tax NPV5% of US$181 Million and 111% IRR at US$3,000/oz Gold, Rising to US$439 Million at US$4,000/oz - TradingView

TradingView via Google News Tier 3 2026-10-14 21:15 UTC 📖 1 min brief Neutral
Gold

AI desk brief

Minnova’s PEA for the PL Gold Mine restart outlines a low-capex, high-leverage project: after-tax NPV5% of US$180.6 million and IRR of 111% at US$3,000/oz gold, rising to US$310.8 million at US$3,500/oz and US$438.9 million at US$4,000/oz. The restart uses the existing mill and infrastructure, needs US$53.4 million pre-production capital, and targets first gold in 2028.

Sources used

  1. S1 TradingView via Google News — Minnova Announces Positive Preliminary Economic Assessment for the PL Gold Mine Restart: After-Tax NPV5% of US$181 Million and 111% IRR at US$3,000/oz Gold, Rising to US$439 Million at US$4,000/oz - TradingView
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