Mount Milligan Mine – 5x Improvement from 2020 to 2025 | JuniorMining.gold
Comprehensive analysis of Mount Milligan copper-gold mine transformation: from 191 Mt reserves in 2020 to 483 Mt in 2025. NPV quadrupled to US$1.492B through geological reinterpretation, expanded pit design, and higher commodity prices in British Columbia.
- Mineral reserves grew 2.5x from 191 Mt to 483 Mt between 2020 and 2025
- Mine life extended from 9 years to 20 years
- NPV increased 4.4x to US$1.492 billion at a 5% discount rate
- Geological reinterpretation of the Quesnel terrane copper-gold porphyry system drove the expansion
- Expanded pit design and higher commodity prices contributed to economic improvement
- Centerra Gold operates the mine in north-central British Columbia, Canada
Mount Milligan, Centerra Gold, copper-gold porphyry, British Columbia mining, mineral resources, NPV analysis, pit optimization, technical report
Source: https://juniormining.gold/mount-milligan-analysis
LLM-readable version: https://juniormining.gold/articles/mount-milligan-analysis.md