MOD's Botswana copper/silver project gets A$135m price tag

A scoping study into the T3 copper/silver project, in Botswana, has revealed that the project could support a two-million-tonne-a-year operation, to produce around 21 800 t/y of copper and 665 000 oz/y of silver, over a near ten-year mine life. ASX-listed MOD Resources reported on Wednesday that the base case model estimated that the project would require a capital investment of $135-million, with MOD’s 70% interest in the project amounting to a capital cost of $94.5-million.