CAPITAL MARKETS

Cracow is go

THE long-awaited Cracow gold project in Queensland has been given the formal go-ahead by partners Newcrest Mining (70%) and Sedimentary Holdings (30%).

Michael Quinn

Cracow is go

The capital cost is put at $48 million, with the seven-year mine life expected to yield 680,000 ounces at cash costs of around $220/oz. Construction of the decline is to begin immediately and first production...

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