CAPITAL MARKETS

Tanami has setback

RISING capital costs have forced Tanami Gold to reconsider its flagship Coyote gold project in Western Australia, with the company aiming to make a development decision on a high grade underground mine later this year.

Rebecca Keenan
Tanami has setback

The original bankable feasibility study was considering a 60,000 ounce per annum operation from the open pit resources, including the Larranganni deposit, before heading underground. However, inflated...

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