Duluth says Twin Metals project viable

Aug 20, 2014 | 05:28 PM | Rey Mashayekhi

Tags  nickel, copper, platinum group metals, palladium, gold, silver, Twin Metals project, Duluth Metals Antofagasta

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 project’s "outstanding regional and local infrastructure and competitive advantages," it added.....

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