Magna Mining Inc is developing an underground nickel, copper, and platinum group metals mining project, in Sudbury, Ontario.
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. Underground production mining will be completed using conventional longhole stoping methods with hydraulic backfill. On-site crushing and sampling activities will occur before the ore is shipped to the local processing facility.
The base case generates a pretax net present value, at an 8% discount rate, of $265.3-million and an internal rate of return of 142%, with a payback of 1.5 years.Unlocking intelligence: The Wits MIND Institute to transform AI research in Africa
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