CAPITAL MARKETS

Well worth the wait

IT HAS been a 12-year exercise in patience for European Minerals and its Varvarinskoye gold-copper project in the former Soviet republic of Kazakhstan. Over the past decade the company has pumped around $US80 million into the project only to see it shelved due to flaccid commodity prices, before a price revival set the operation up for round two. <b>By Ben Sharples - <i>RESOURCESTOCKS*</b></i>