EXPLORATION & DEVELOPMENT

Cost increase for King Island

INCREASED construction costs have forced King Island Scheelite to revise the estimated capital cost of redeveloping its namesake mine, which chief executive Nick Lambeth anticipates will start within months.

MiningNews.Net
Cost increase for King Island

Start-up costs for redevelopment were pegged at $85 million, but with "significant cost increases that have occurred in the construction of mining projects in Australia over the past year", KIS said the...

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