Kinross’ Lobo-Marte cost jumps 67% as NPV triples

Kinross Gold (TSX: K; NYSE: KGC) has raised the projected cost of its Lobo-Marte gold project in Chile by nearly two-thirds to $1.8 billion (C$2.5 billion), though the post-tax net present value is still estimated at $4.3 billion. The project,...

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