Duluth says Twin Metals project viable
Aug 20, 2014 | 05:28 PM
| Rey Mashayekhi
NEW YORK Duluth Metals Ltd.s proposed Twin Metals nickel-copper-platinum group metals mine in Minnesota is "supported by financial fundamentals" that make the project economically viable, according to a draft prefeasibility study.
These include "a competitive cost position, high margins ... and capital efficiencies," Toronto-based Duluth Metals said Aug. 20.
The National Instrument 43-101 Technical Report (PFS Technical Report)prepared by a multicompany team led by Amec E&C Services Inc. (Amec)confirms the Twin Metals projects "outstanding regional and local infrastructure and competitive advantages," it added.....
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