Revised PFS for Atrum’s Groundhog complex includes low-cost starter mine

June 9, 2016

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ASX-listed coal developer Atrum Coal is currently finalising a revise prefeasibility study (PFS) for its Groundhog North mining complex, in British Columbia, Canada, which now includes a staged approach to development, employing a low-cost starter mine producing 880 000 t/y ultrahigh-grade anthracite. Over the past year, Atrum has been updating the PFS based on additional studies and, in prepared the revised PFS, evaluated a number of small-scale starter mine options that accelerated early cash flows for minimal capital cost, maximising shareholder returns.

Category: General