Robust base case NPV5%of $735 million (after-tax) and IRR of 41% at a $1,900 per ounce gold price assumption. Using a $2,500 gold price assumption, NPV5% is $1.2 billion (after-tax) and IRR is 58%.
A slowdown in rate reductions would likely be unfavourable for Gold, as lower interest rates generally decrease the opportunity cost of holding non-yielding assets like Gold, making it more attractive ...