Don’s Newsletter

Don’s Newsletter

Mining Notes for November 2023

(Last update December 5th. Previous update November 15th)

Don Durrett's avatar
Don Durrett
Nov 07, 2023
∙ Paid

Silver Tiger (11/1/2023: PEA for their open pit. NPV $287M. IRR at 55%. Capex of $59M. Annual production at 4.5M oz AGEQ for 13 years. ASIC of $11 oz AGEQ. This does not include their Underground mine, which is also large and has high grade).

Hercules (11/1/2023: 42M at 139 gpt AG).

SSR Mining (11/1/2023: Q3 Results. 192K oz at $1500 AISC. FCF of $135M). 

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