Miraflores to cost $71.8m - Metminco

A feasibility study (FS) into Aim- and ASX-listed Metminco’s Miraflores gold project, in Colombia, has found that the project could deliver average production of 45 000 oz/y of gold and 22 600 oz/y of silver. Metminco reported that the project was expected to cost about $71.8-million to develop, with an additional $18.5-million required in sustaining capital over the nearly ten-year mine life.