Maiden PEA published for Ero Copper's Furnas project

From miningweekly.com

ASX- and NYSE-listed Ero Copper this week published a maiden preliminary economic assessment (PEA) for its Furnas copper/gold project in Brazil, outlining a 24-year initial mine life and robust economics. The Furnas project, located in the Carajás mineral province in Pará state, is being advanced under an earn-in agreement with Vale Base Metals, through which Ero can secure a 60% interest upon completion of prescribed work programmes.The PEA, the first ever published for Furnas, contemplates a large-scale, long-life copper/gold operation with average annual production of about 108 000 t of copper equivalent over ... (full story)