Santana reports 'outstanding' economics for proposed mine

A Santana drilling crew in action on the Bendigo-Ophir project. (Image: BusinessDesk)

Wed, 17 Apr 2024

Central Otago gold mine developer Santana Minerals estimates total tax-paid profits from just one deposit in its Bendigo-Ophir project could top $2 billion over 10 years at current elevated global gold prices.The scoping study results are the latest in a string of increasingly detailed information dumps since the first definitive reports of a major find in the Rise and Shine (RAS) deposit in hills at the southern end of the Dunstan Mountains.In a statement to the Australian securities exchange (ASX), the company describes the scoping study resu...

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