PRECIOUS METALS

Costs soar for Boddington

THE forecast development cost for Newmont Mining's Boddington mine has jumped as much as 78% as higher labour, material costs and a stronger Australian dollar chews into its outlook for this year.

MiningNews.Net
Costs soar for Boddington

In its December quarterly report the gold miner said its share of the development cost for Boddington had risen to between $US1.4-1.6 billion ($A1.6-1.8 billion), up from the earlier cost of $900 million...

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