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Develop Advances Sulphur Springs Underground Works Ahead of Updated DFS
1:26am on Monday 2nd of June, 2025 AEST
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Mining
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Develop Advances Sulphur Springs Underground Works Ahead of Updated DFS
1:26am on Monday 2nd of June, 2025 AEST
Key Points
Commencement of boxcut construction and site clearance for underground decline
Updated DFS due December 2025 to incorporate improved commodity prices and cost reductions
Upfront capital development strategy to reduce project risks and enhance mining productivity
Sulphur Springs project boasts strong June 2023 DFS metrics with A$523 million pre-tax NPV
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