Mt Bundy to cost A$155m - Primary Gold

A scoping study into the Mt Bundy gold project, in the Northern Territory, has estimated that the project will require a capital investment of A$155-million to support an initial mine life of nine years, ASX-listed Primary Gold reported on Wednesday. Based on the mining of some 26.9-million tonnes of ore, at 1.5 g/t gold, the three-million-tonne-a-year operation is expected to deliver some 824 000 oz of gold over the mine life.