On Sept. 18, Dynasty updated the resource estimate for their operating Zaruma Mine.
http://www.dynastymining.com/investors/newsreleases/pr_2014_09_19.php
DYNASTY ANNOUNCES UPDATED ZARUMA GOLD PROJECT
RESOURCE ESTIMATE AND PRELIMINARY ECONOMIC ASSESSMENT
Excerpt from the news release ...
" The salient information for the Zaruma Project from the PEA contained in the Technical Report is the following:
- it produces an earnings before interest, tax, depreciation and amortisation of $683 million;
- at a 10% discount rate, it produces a taxed net present value (NPV) of $218 million and untaxed NPV of $322 million;
- it produces a taxed net cash flow of $441 million and an untaxed net cash flow of $653 million;
- it has a total unit cash operating cost of $855/oz (taxed) and $658/oz (untaxed);
- the overall operating costs equate to 51% of total revenue;
- total capital expenditure is estimated at $29 million; and
- it pays $66 million in royalties and $213 million in taxes, over its estimated 15 year mine life. "
Here'e the link to the updated technical report.
http://www.dynastymining.com/investors/technical/2014-09-18-Zaruma-Independent-Preliminary-Assessment.pdf