tiprankstipranks
Denarius Metals to Restart Spain’s Aguablanca Mine
Company Announcements

Denarius Metals to Restart Spain’s Aguablanca Mine

Denarius Metals Corp (TSE:DMET) has released an update.

Don't Miss our Black Friday Offers:

Denarius Metals Corp. has revealed positive results from a Pre-Feasibility Study supporting the revival of the Aguablanca Nickel-Copper Project in Spain, with operations set to recommence by early 2025. The study forecasts a total net revenue of $480.3 million and an after-tax cash flow of $105.7 million over the mine’s 6-year life, highlighting an impressive after-tax IRR of 213%. The restart includes initiating the existing processing plant and positions the company for long-term mining operations, with additional potential from their nearby Lomero Project.

For further insights into TSE:DMET stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Eyes Growth with New Mines
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Raises CA$4.6 Million in Private Placement
TipRanks Canadian Auto-Generated NewsdeskDenarius Metals Revises CA$8.25M Fundraising Terms
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App