RE:Foreign companies dominant owners of gold-copper exploration It was recently reported that in the area of “Cukari Peki” near Bor, Canadian company Nevsun found the largest deposit of gold in the world and that it will begin preparations for the opening of the copper and gold mine by the end of the year.
At a depth of 559 meters, a content of up to 50.3 grams of gold per ton of ore was discovered.
According to a preliminary economic study, the value of deposit near Bor is estimated to – seven billion dollars, while the costs of mine opening are estimated at USD 500 million.
Seven billion dollars for both zone i guess,this is interesting even for majors miners.
So,1.6B UZ,half od LZ 5.4B is 2.7B,
NSU stake is 4.3B worth at this stage,correct?