Morocco tin project development costs fall sharply after DFS

A completed definitive feasibility study (DFS) has established that the Achmmach project, in Morocco, will only need $61.7-million for development, rather than the previously estimated $131-million, owner Kasbah Resources reported on Friday . “Establishing the project in a weak financing, commodity and equity market created a significant impost to project development,” the ASX-listed company said in a statement, adding that it used the DFS to investigate a lower-cost development model.