Compass points to 29% cost increase

COMPASS Resources has spelled out details of the increased construction costs and reasons behind the delays associated with commissioning the Browns Oxide copper, cobalt and nickel project in the Northern Territory.

Compass points to 29% cost increase Compass points to 29% cost increase Compass points to 29% cost increase Compass points to 29% cost increase Compass points to 29% cost increase

The process plant construction costs have risen to $106 million, while pre-production operating costs and other associated costs stand at $28 million, which totals a 29% increase in all capital costs