The Stibnite Gold Project: A World-Class Asset

Setting a New Standard in Gold Mining

Unlocking the Potential of Stibnite

The successful completion of basic engineering and cost updates for the Stibnite Gold Project signifies a major milestone in the mining industry. This project has been confirmed as a world-class asset, boasting the lowest cost gold production in a Tier 1 jurisdiction. Located in an ideal setting with access to low-cost hydro power, the Stibnite Gold Project also offers a valuable antimony by-product that is essential for national defense, energy, and technology sectors.

The robust project economics of the Stibnite Gold Project are truly impressive, with an after-tax net present value of $3.7 billion (5%) and an after-tax internal rate of return exceeding 27% at spot pricing. These numbers underscore the immense potential and profitability of this project, setting a new standard for the industry.

The Impact on Stakeholders

For Individuals

For individuals like you and me, the success of the Stibnite Gold Project means more than just financial gain. It represents a shift towards sustainable and responsible mining practices, with a focus on minimizing environmental impact and maximizing benefits for local communities. The project’s emphasis on low-cost production and valuable by-products also bodes well for the future stability and growth of the industry.

For the World

On a global scale, the implications of the Stibnite Gold Project are significant. The project’s focus on utilizing renewable energy sources such as hydro power sets a positive example for other mining operations, encouraging the adoption of cleaner and more sustainable practices. Additionally, the production of antimony, a crucial mineral for national defense, energy storage, and technology sectors, will help meet growing global demand for these essential materials.

Conclusion: A Bright Future Ahead

With its world-class status, low production costs, and valuable by-products, the Stibnite Gold Project is poised to set a new standard for the mining industry. Its success will not only benefit stakeholders at a local level but also have far-reaching implications for the global economy and environment. As we look towards the future, the Stibnite Gold Project serves as a shining example of how responsible mining practices can lead to sustainable growth and prosperity for all.