Copper projects said facing longer delays

Apr 11, 2013 | 02:27 PM | Andrea Hotter

Tags  copper mining, copper, cost overruns, Capstone Mining, Jay Grewell, copper projects, project delays, Andrea Hotter

SANTIAGO, Chile — Copper mining projects are facing increased delays due to cost overruns, among other factors, according to Jay K. Grewal, Capstone Mining Corp.’s senior vice president of strategy and stakeholder affairs.

Only 11 of the 22 projects in the "highly probable" category in 2007 have actually made it into production, she said at London-based CRU Group’s 12th World Copper Conference in Santiago. "The remaining 11 were pushed out by between six and 11 years."....

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