PRECIOUS METALS

Kin warns of 50% cost blow-out

KIN Mining has brought out the big artillery, releasing the final version of the Como Engineers’ fatal flaw analysis report after the preliminary version was leaked earlier this week, explaining it paused work on development at the Leonora gold project because of a risk of an overall 38-50% cost blow-out.

Work at Leonora has stopped.

Work at Leonora has stopped.

Work completed by Kin and Como, and released to the market for the first time today, found no fatal flaws with the plan to own and build a plant capable of producing 50,000 ounces per annum, but warned...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.