New World Resources Advances Promising Copper Project
Company Announcements

New World Resources Advances Promising Copper Project

New World Resources Limited (AU:NWC) has released an update.

New World Resources Limited has completed a promising Pre-Feasibility Study on its Antler Copper Project in Arizona, highlighting it as a financially viable and low-risk development opportunity. With plans to begin production in 2027, the project is set to leverage favorable copper market conditions, boasting a robust economic outlook with a post-tax NPV of US$498 million and a rapid payback period of 3.3 years. The company is advancing towards a Definitive Feasibility Study, while ongoing exploration efforts may further enhance the project’s potential.

For further insights into AU:NWC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskNew World Resources Announces 2024 Annual General Meeting
TipRanks Australian Auto-Generated NewsdeskNew World Resources Unveils Promising Antler Copper Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App