The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
Afri-Can Marine Completes Pre-Feasibility Study on Mining Lease 111
Jan. 23, 2014 07:57AM PST
Diamond InvestingAfri-Can Marine Minerals Corporation (TSXV:AFA) has completed a preliminary study of the feasibility of resuming mining during 2014 on Mining Lease 111 situated off the coast of Namibia.
As quoted in the press release:
Pre-Feasibility Study Highlights:
Afri-Can’s share of Net Present Value (NPV) (after tax) US $20.2 million
Afri-Can’s share of Internal Rate of Return (IRR) (after tax) 31%
Probable Diamond Reserves 319,000 carats
Average annual production 159,500 carats
Diamond price (projected average) US $484 per carat
Initial Mine Life 2 years
Click here to read the Afri-Can Marine Minerals Corporation (TSXV:AFA) press release
Click here to see the Afri-Can Marine Minerals Corporation (TSXV:AFA) profile.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.