Rns18 Jun 2018 08:30
Jangada Mines plc, a natural resources company developing South America's largest and most advanced platinum group metals ('PGM') project, is very pleased to announce the results of the Preliminary Economic Assessment ('PEA') for its Pedra Branca PGM project in north-eastern Brazil (the 'Project'). The PEA confirmed the findings of the 2017 Scoping Study (as announced on 31 October 2017) that the Project has the potential to become a robust, low CAPEX and OPEX, shallow, open pit operation yielding attractive financial returns and a very short payback period.