Newmont endorses Ahafo North project despite rising costs
The Canadian giant acknowledged inflationary pressure on spending but said it was controlling capital and operating costs.
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▪ Newmont endorses Ahafo North project despite rising costs
▪ The Canadian giant acknowledged inflationary pressure on spending but said it was controlling capital and operating costs.
▪ https://www.africabusinessplus.com/en/808646/newmont-endorses-ahafo-north-project-despite-rising-costs/
While Capex forecasts for the new Ahafo North mine were estimated at between $700 million to $800 million in April, it was raised to between $750 million and $850 million in the latest forecasts in July, when the project was approved.
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