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.
