EXPLORATION & DEVELOPMENT

FMG's project costs jump $A100m

FORTESCUE Metals Group has increased the forecast cost for its Pilbara iron ore and infrastructure project by $A100 million which, in part, will cover additional costs relating to work on its railway program.

MiningNews.Net
FMG's project costs jump $A100m

In its October construction report, FMG said the forecast cost for the Western Australian project now stood at $2.6715 billion with the additional $100 million sourced from existing reserves that had been...

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