EXPLORATION & DEVELOPMENT

Forecast costs continue to rise for FMG

FORTESCUE Metals Group has announced a $A66 million dollar bump up on the forecast final costs for its iron ore and infrastructure project in the Pilbara to $2.77 billion.

MiningNews.Net
Forecast costs continue to rise for FMG

In its monthly construction report for January, the iron ore play said the ramp up in costs was primarily due to a $61.6 million increase in the estimated engineering, procurement, construction, management...

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