trending Market Intelligence /marketintelligence/en/news-insights/trending/a55lauOfrvUdgTZwmqZSpQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Pershing Gold Relief Canyon study outlines posttax NPV of US$126M, IRR of 85%

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


Pershing Gold Relief Canyon study outlines posttax NPV of US$126M, IRR of 85%

Pershing Gold Corp. said June 5 that a preliminary feasibility study on its Relief Canyon gold-silver project in Nevada outlined an after-tax net present value, discounted at 5%, of US$126 million and an internal rate of return of 85%.

The mine will produce an average 93,900 ounces of gold over its 5.6-year mine life at all-in sustaining costs of US$802 per ounce.

Initial CapEx were estimated at US$23.6 million, with the study recommending that the company advance the project to a production decision.

The study also allows for the conversion of about 80% of the gold ounces and 73% of the tonnage in the measured and indicated resources categories to proven and probable reserves.

Relief Canyon hosts proven and probable reserves of 30.5 billion tonnes grading 0.72 g/t of gold for 634,900 ounces of contained gold.

The study assumed a gold price of US$1,250 per ounce.