Geovic Raises Cost of Cameroon’s Nkamouna Cobalt Project

Bloomberg.com reports that Geovic  (OTC:GVCM) has raised the cost associated with the Nkamouna cobalt, nickel and manganese project.

The story is quoted as saying:

“The cost increases have been due to a variety of factors including a more complex metallurgical process and a general escalation of global mining costs,” Hoffman said.

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