PRECIOUS METALS

Fortuna warns of Lindero cost overrun and delay

Fortuna Silver Mines (TSX:FVI) says the construction schedule at its Lindero gold development project in Salta, Argentina, has slipped as unusually heavy rains in recent weeks damaged the road leading to site. The road has since been repaired and mobilisation of personnel and materials commenced on February 18.

Staff Reporter
 Weather causes delays at Lindero development in Argentina

Weather causes delays at Lindero development in Argentina

The weather-related and other delays have resulted in cost overruns of 23% from the initial US$239 million capital costs to US$295 million due to an increase in owners' costs and construction indirect...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.