Abenójar Tungsten recently featured in an article by Mining Weekly, following the publication of the results of the updated Definitive Feasibility Study (‘DFS’) for the El Moto tungsten Project.
The article outlines how the DFS confirms El Moto as a long-life, high-margin tungsten operation with an after-tax internal rate of return of 62% at base commodity prices. It notes that the planned underground mining operation and ore processing facility can viably process 1.5-million tonnes a year, with ore processing planned to take place over an 18-year mine life to produce saleable tungsten concentrate and a separate gold concentrate.