Rex steady on Hillside

REX Minerals has updated capital and operating cost estimates at the Hillside copper-gold project on South Australia’s Yorke Peninsula following approval by the SA government of Hillside’s environment protection and rehabilitation plan.

Rex steady on Hillside Rex steady on Hillside Rex steady on Hillside Rex steady on Hillside Rex steady on Hillside

Hillside drilling

According to the study Hillside will have capital costs of $585 million at an internal rate of return of 16.2% and net present value of $510 million.

The mine will run at a cash cost of $1.

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