Post by
Brioche on Aug 05, 2022 9:27am
A new fiasco: coté gold , the next canadian mine of iamgold
From $900 mil the initial capex, they have to add $ 1.9 bil ( yes 1.9 !! ) to the project to bring it into prod ! .
Half miners are a scam , with management incompetent.
The problem : bigger the project is , less the error is possible.
...So for Soto...??
Comment by
kkkrrr on Aug 06, 2022 5:03am
Soto construction is far away anf GCM/ARIS will be resonsiblke for only 50% of the capex ... there will be some optimazion in front of a construction decision... Marmato and Toro will come online first...