Title
Minimum Criteria for Mining Project Feasibility
Law
Mgb Memorandum Circular No. 2015-01
Decision Date
May 14, 2015
MGB Memorandum Circular No. 2015-01 establishes minimum mine life requirements of seven years for direct shipping ore and ten years for other mineral projects, alongside a hurdle rate of 12% and an internal rate of return of 15% for mining project feasibility studies.
A

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