Arianne Phosphate Identifies Significant Cost Savings at Lac-a’-Paul Project

Arianne Phosphate (TSX-V: DAN & OTCBB: DRRSF) announced today the identification of  additional cost savings of US$4.26 per ton related to its planned production of phosphate concentrate at the Company’s  Lac-à-Paul Project in Quebec. According to Arianne’s Feasibility Study filed in October 2013, the Company initially projected an FOB Port of Saguenay cost of US$93.60 per ton for its premium quality 39% P2O5 concentrate.  The reduction of US$4.26 per ton represents a cost savings of almost 5% and, according to the Company’s FS, should result in annual savings of roughly US$12.75 million, or close to US$330 million over the planned 26 year life of mine.

Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: