PROJECT FINANCE

Miners could risk $1.5B extra project costs, analysis says

Overruns could add 20% to project costs for the average miner

Horizonte failed to secure full financing for its Araguaia nickel project in Brazil following cost overruns. Credit: Horizonte Minerals

Horizonte failed to secure full financing for its Araguaia nickel project in Brazil following cost overruns. Credit: Horizonte Minerals

Cost overruns could risk around $1.5 billion of capital expenditures each year for the average energy and natural resource company, according to analysis from Bain & Company. Bain analysed capex investment...

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