Revolver flags strong restart case for Dianne copper mine
Australia-listed Revolver Resources has outlined a compelling business case to restart its Dianne copper mine in north Queensland, following the completion of a detailed recommencement study that points to low capital intensity, rapid payback and robust cash generation. The study, which integrates updated resources, metallurgical test work and site-specific engineering, indicates forecast pre-tax free cash flow of more than A$125-million over a four-year mine life, based on mining and processing about 1.65-million tonnes of ore.
Australia-listed Revolver Resources has outlined a compelling business case to restart its Dianne copper mine in north Queensland, following the completion of a detailed recommencement study that points to low capital intensity, rapid payback and robust cash generation.
The study, which integrates updated resources, metallurgical test work and site-specific engineering, indicates forecast pre-tax free cash flow of more than A$125-million over a four-year mine life, based on mining and processing about 1.65-million tonnes of ore.
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