Gold explorer and developer Amara Mining expects the post-tax net present value of its 100%-owned Yaoure project, in Côte d’Ivoire, to reach $555-million based on a discount rate of 8% and a gold price of $1 200/oz. The company further highlighted that, following an updated prefeasibility study, it expected an internal rate of return (IRR) of 38% at the $1 200/oz price. The IRR would decrease to 25% at a $1 000/oz gold price.
