MARA Project
Sector: Metal • Location: Catamarca, Argentina
Source: Financial Conduct Authority (FCA)
The MARA Project is a high-quality, low-risk brownfield mining project located in Catamarca province, Argentina. Glencore acquired Newmont's 18.75% shareholding for $124.9 million, increasing its stake to 43.75%, with Yamana Gold Inc. operating the project holding 56.25%. The project has proven and probable mineral reserves of copper and gold, a long mine life of 28 years, and significant infrastr
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
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Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The MARA Project is a high-quality, low-risk brownfield mining project located in Catamarca province, Argentina. Glencore acquired Newmont's 18.75% shareholding for $124.9 million, increasing its stake to 43.75%, with Yamana Gold Inc. operating the project holding 56.25%. The project has proven and probable mineral reserves of copper and gold, a long mine life of 28 years, and significant infrastructure including processing plants. The project economics include an initial capital cost of $2.78 billion, an NPV of $1.906 billion at 8% discount rate, and an IRR of 21.2%. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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