trending Market Intelligence /marketintelligence/en/news-insights/trending/ypqtXYiJGiXEj5viecv_eA2 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

Scorpio: Heap leach material processing to add 5 years to Mineral Ridge life

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


Scorpio: Heap leach material processing to add 5 years to Mineral Ridge life

Scorpio Gold Corp.'s feasibility study to reprocess the heap leach residual material at its 70%-owned Mineral Ridge gold-silver property in Nevada estimated that the project will add five years of additional mine life.

The "economically positive" study was aimed at recovering some of the 122,000 ounces of gold resources contained on the heap leach pad, the company wrote Oct. 10.

The study estimated a net present value, discounted at 5%, of US$16.5 million for the project, with a 22.5% internal rate of return and 2.9-year payback period from the end of construction.

The life-of-mine sales from the project are expected to be 106,000 ounces of gold. The average annual sales are estimated at 22,600 ounces of gold and 5,900 ounces of silver.

The initial capital expenditure was estimated at US$34.9 million, with total cash costs of US$716.54 per ounce.

Meanwhile, Scorpio is proceeding with a third-party analysis of its other known mineral resources, which is expected to add additional reserves and further extend the mine life for Mineral Ridge.

Elevon LLC holds a 30% joint venture interest in the project.