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Anfield Nickel claims that Mayaniquel project in Guatemala is world class

Friday, July 8, 2011

Anfield Nickel claimed that its Mayaniquel project in Guatemala is "one of the lowest cost nickel projects in the world."

As outlined in a scoping study Mayaniquel would be a 30-year, 20,000-tonne-per-year mine that would cost $1.2 billion to build.

At an eight percent discount rate and $8.25 per pound nickel, Mayaniquel's net present value  was $606 million, while cash costs net of an iron-byproduct credit were $3.14 per pound nickel.

Original source: Mineweb