Bear Creek keeps Corani on track, reduces costs

As Bear Creek Mining (TSXV: BCM) works to produce an updated feasibility study for its flagship Corani silver-lead-zinc project in Peru by the end of the year, its efforts to reduce costs are paying off.

Over the past six months, three engineering firms hired to conduct optimization studies to improve on the project’s 2011 feasibility have identified several design modifications that Bear Creek says should keep capital costs in the US$600 million range.

Those modifications include the potential removal of a tailings dam at the project – one of the most expensive items in terms of capital and sustaining costs.

Instead, the company would dry stack filtered tailings for the first five years of operation, followed by in-pit tailings disposal.

The change would either reduce the footprint of the tailings dam or eliminate it entirely.

Read the complete article at NorthernMiner.com/news/bear-creek