GoldMining Inc’s Gold‑Copper Project Shows Strong Economic Outlook
GoldMining Inc. released a pre‑feasibility economic study (PEA) for its La Mina gold‑copper project in Colombia. The study estimates an after‑tax net present value of about $1 billion and an internal rate of return of roughly 32 %, based on a net present value of 1.5 million ounces of gold‑equivalent and low production‑cost assumptions.
The report highlights accelerating global copper demand driven by AI data‑centers, electric‑vehicle production and expanding power‑grid infrastructure. It cites recent supply constraints, including a roughly 9 % drop in Chile’s copper output in March and ongoing disruptions at Indonesia’s Grasberg mine, while Freeport‑McMoRan projects full recovery of Grasberg by the end of 2027. These factors are presented as supporting the project's long‑term attractiveness.
The article is a promotional release and notes that the analysis was prepared using company‑provided data and public market information, without independent verification.