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KGL Resources Advances Jervois Copper Project with A$405M NPV and 2027 Production Target

9:25am on Monday 2nd of June, 2025 AEST Mining
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KGL Resources Advances Jervois Copper Project with A$405M NPV and 2027 Production Target

9:25am on Monday 2nd of June, 2025 AEST
Key Points
  • Feasibility Study Update confirms project viability with A$405 million post-tax NPV
  • Projected average annual copper production of 30,000 tonnes over a 10-year mine life
  • Capital expenditure estimated at A$362 million with a simple payback period of 3.4 years
  • Open pit mining transitioning to underground operations by 2030
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