New Pacific Metals management commentary cites higher Silver Sand spending as FY2026 loss widens
Reuters2026/09/04 10:01- New Pacific Metals management commentary for fiscal 2026 centered on advancing its Bolivia portfolio, led by updated economics at Carangas.
- Updated Carangas PEA outlined post-tax NPV (5%) of USD 2.65 billion, IRR 35.9%, initial capex USD 644.5 million, payback 2.4 years.
- Mine plan assumptions included a 19-year life producing 195 Moz payable silver, 1.1 Moz gold, 1,453 Mlbs zinc, 941 Mlbs lead.
- Silver Sand permitting remained a key focus; environmental categorization lapsed, prompting a restart while community engagement continued.
- Silver Sand spending rose to USD 2.71 million, reflecting renewed field access after artisanal mining activity ceased in the project area.
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