Article: BOLIVIA: CONSTRUCTION START-UP ON PLANNED $413,000,000 SILVER/ ZINC MINE IS TENTATIVELY SCHEDULED TO BEGIN SOME TIME IN EARLY 2000, APEX SILVER MINES [USA] - Order #: 01682000.

PROJECT OVERVIEW: U.S.-based APEX SILVER MINES recently received a bankable project feasibility study report regarding the development of its Bolivian silver/zinc mine from KVAERNER ENGINEERING & CONSTRUCTION of the UK. According to the results of the study, the San Cristobal deposit in question has the potential to become one of the world's largest and lowest-cost producers.

The property reportedly contains estimated reserves amounting to 240 million tons. Average grades include 2 oz of silver per metric ton of ore in addition to gradings of 1.7% zinc and 0.6% lead. Operating plans envision making use of contract mining during the first 5 years to be ...

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