CAPITAL MARKETS

Bendigo costs creep

NEW gold producer Bendigo Mining has forecast a slight increase in capital costs at its namesake project in Victoria, and confirmed its 70,000-90,000 ounce production estimate in the current financial year following recent construction delays.

Michael Quinn
Bendigo costs creep

Capital costs are put at $A60-65 million, compared with an earlier forecast this year of $57 million. The Melbourne-based company said its 600,000 tonne per annum plant was now 95% complete and that...

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