Leonora budget blow-out priced

Gold developer Kin Mining has revealed cost blow-outs of between 30% and 50% at its Leonora gold project, in Western Australia, in the wake of the unauthorized release of a preliminary engineering report on the project, undertaken earlier this year. Kin in May announced plans to suspend plant construction activities at Leonora, to allow the company to undertake further work after this review confirmed a cost blow-out at the processing plant.