Mine cost overruns curbing capacity: Société Générale

Apr 29, 2013 | 06:17 PM | Andrea Hotter

Tags  Société Générale, Chris Henstock, mine cost overruns, project finance, Andrea Hotter

NEW YORK — Mine cost overruns are high, with senior-stage projects the worst performers, according to Chris Henstock, managing director of mining and commodities finance at Société Générale SA.

This is constraining mine capacity and providing reduced returns for investors, he said April 29 at the Society for Mining, Metallurgy and Exploration’s mining finance conference in New York.....

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