Timeline of the project
Completed Steps
Preliminary Economic Assessment (PEA) completed in 2019
Pre-Feasibility Study completed in 2020
Advanced Value Engineering completed in 2022 and Definitive Feasibility Study commenced in 2022
Mine access road plan ratified in December 2022 and the road is now fully permitted for construction expected to commence in 2023
Future Steps
Application for updating the environmental and water management permit for Suhanko mine to be submitted in April 2023
The current objective is to commence construction in 2024 and with production starting in 2026 subject to change based on the progress of the steps towards mining operations