Geovic Raises Cost of Cameroon’s Nkamouna Cobalt Project
Investing News Network - December 23rd, 2010
Bloomberg.com reports that Geovic (OTC:GVCM) has raised the cost associated with the Nkamouna cobalt, nickel and manganese 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.