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Magnetic Resources Unveils Robust $970M Feasibility for Lady Julie Gold Project
8:26am on Monday 27th of October, 2025 AEDT
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Mining
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Magnetic Resources Unveils Robust $970M Feasibility for Lady Julie Gold Project
8:26am on Monday 27th of October, 2025 AEDT
Key Points
9-year mine life with 1.02 million ounces of gold production
Pre-tax NPV of A$970M at A$4,000/oz gold price, IRR of 45%
Initial capital expenditure of A$375M with ~30 months payback
All mining leases granted and Native Title Agreement signed
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