Kin suspends construction at Leonora

May 9, 2018

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ASX-listed Kin Mining will suspend plant construction activities at its Leonora gold project, in Western Australia, to allow the company to undertake further work after a preliminary review confirmed cost blow-outs at the processing plant.

Kin in April announced the curtailment of construction at the Leonora project, warning shareholders of an expected increase in the existing pre-production capital cost estimate of A$35.4-million, after a review found that the capital cost estimate in the 2017 definitive feasibility study would have to be adjusted.

Category: General