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    Platreef Project PFS Establishes ‘Excellent’ Economics

    Investing News Network
    Jan. 12, 2015 08:45AM PST
    Precious Metals

    Mining Weekly reported that the prefeasibility study (PFS) for Ivanhoe Mines Ltd.’s (TSX:IVN) Platreef project confirms the “excellent” economics and technical viability of the project.

    Mining Weekly reported that the prefeasibility study (PFS) for Ivanhoe Mines Ltd.’s (TSX:IVN) Platreef project confirms the “excellent” economics and technical viability of the project.

    As quoted in the market news:

    The prefeasibility study (PFS) of TSX-listed Ivanhoe Mines’ Platreef project had demonstrated the robust nature of the latest major new underground, mechanized platinum mine, near Mokopane, in Limpopo, executive chairperson Robert Friedland said on Thursday.

    Ivanhoe aimed to develop the Platreef platinum, palladium, rhodium, gold, nickel and copper mine in three phases, with an initial production rate of four-million tonnes a year to establish an operating platform to support future expansions.

    Click here for the full Mining Weekly report

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