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Costs jump for Lumwana development

EQUINOX Minerals’ Lumwana copper project in Zambia will cost substantially more to develop than previously estimated, with the near $US500 million price tag including $US96 million earmarked for a mining fleet.

Michael Quinn
Costs jump for Lumwana development

The new $US483 million cost was generated by a definitive feasibility study, with a bankable feasibility study completed in October 2003 coming up with a figure of $US333 million – including $US37million...

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