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Santana Minerals Slashes Capex, Boosts Gold Grade at Bendigo-Ophir
8:45am on Tuesday 1st of July, 2025 AEST
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Mining
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Santana Minerals Slashes Capex, Boosts Gold Grade at Bendigo-Ophir
8:45am on Tuesday 1st of July, 2025 AEST
Key Points
Capital expenditure reduced to A$277 million from A$340 million
Recoverable gold increased to 1.25 million ounces with higher grades
Projected after-tax IRR of 65% and payback under 1.7 years
Strong financial metrics – A$6.2 billion revenue, A$2.5 billion free cash flow
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SANTANA MINERALS (ASX:SMI)
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