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Highfield Resources details update to Muga feasibility study

Highfield Resources details update to Muga feasibility study

Highfield Resources Ltd (ASX:HFR) (Highfield Resources Ltd (ASX:HFR)) (FRA:23H) CEO Ignacio Salazar joins Proactive London to talk firstly about the receipt of the mining concession, 'a pivotal moment'. Most recently the update on the feasibility study, explaining that the strong economics have been reconfirmed. The Company has also run a sensitivity test using today’s spot prices for the life of the project resulting in a post-tax NPV of €2.8 billion and an IRR of 42%. The firm is now working towards construction in the first half of next year.

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