Articles can be saved for quick future reference. This is a subscriber benefit. If you are already a subscriber, please log in to save this article. If you are not a subscriber, click on the View Subscription Options button to subscribe. A feasibility study has confirmed Casino’s robustness and ability to withstand inflationary pressures.
Average metal production is estimated at 163-million pounds a year of copper, 211 000 oz/y of gold, 1.28-billion ounces a year of silver and 15.1-million pounds a year of molybdenum. The project has a pretax net present value, at an 8% discount rate, of $3.47-billion and an internal rate of return of 21.1%, with a payback of 3.3 years at a copper price of $3.60/lb and a gold price of $1 700/oz.Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project to $40-million.
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