Aztec confident of Koolan Island

IRON ore hopeful Aztec Resources has increased the scale of its Koolan Island project to four million tonnes per annum and slightly delayed a bankable feasibility study as it incorporates rising construction costs into its financial modelling.

Aztec confident of Koolan Island Aztec confident of Koolan Island Aztec confident of Koolan Island Aztec confident of Koolan Island Aztec confident of Koolan Island

While not being drawn on the level of the expected capex increase (above a previously flagged $60 million), chairman Ian Burston told MiningNews.

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