FQM’s Taca Taca Project Doubles in Value on Higher Reserves and Stronger Copper, Gold Prices
First Quantum’s Taca Taca Copper-Gold Project in Argentina Posts $5.9B NPV as Reserves and Prices Lift Valuation A new technical report on First Quantum Minerals’ Taca Taca copper-gold project in northwest Argentina shows the asset’s value has more than doubled in five years, supported by increased reserves and stronger long-term copper and gold price assumptions. Under an 8% discount rate and base-case prices of $4.50 per lb. copper and $3,000 per oz. gold, Taca Taca carries an after-tax net present value (NPV) of $5.92 billion and an internal rate of…
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