CAPITAL MARKETS

Mungana moves to the next stage

AFTER completing the first stage of a bankable feasibility study on its namesake project in North Queensland, Kagara spin-off Mungana Goldmines has approved the second and final stage of the study with the view to enter the producer ranks over the next three years.

Kristie Batten
Mungana moves to the next stage

Stage one of the BFS indicated capital costs of $A291 million, comprising $196 million for the plant and including $36 million in contingencies. The company said it would look at the possibility of...

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