Pgm Mining News in South Africa

Southern Palladium Limited
Southern Palladium Limited
SPD
South Africa

SPD: Southern Palladium presents to Australian Gold Conference

Southern Palladium announced significantly improved economics for its Bengwenyama PGM-Chrome Project following an updated Pre-Feasibility Study, with post-tax NPV more than doubling to US$1.96 billion and IRR increasing to 39.1%. The study highlights enhanced metallurgical recoveries, particularly for chrome, and a staged development approach. The company is advancing towards a Definitive Feasibility Study and early development.

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Southern Palladium Limited
Southern Palladium Limited
SPD
South Africa

Material Update in Project Value via Updated PFS

Southern Palladium Limited announced an Updated Prefeasibility Study (PFS) for its Bengwenyama PGM-chrome Project, showing a post-tax NPV of US$1.96 billion (up 129%) and an IRR of 39.1% (up from 26.4%). The significant value increase is attributed to DFS-level metallurgical test work, which elevated chrome to a co-product with 85.6% recovery, and an updated commodity price outlook. The study also highlights a faster payback period of 2.8 years and a premium PGM concentrate grade, despite an increase in peak funding to US$329 million.

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