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Australia’s next big gold mine comes with new $1.3b price tag

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De Grey Mining says it is now in a stronger position to secure funding despite a near 30 per cent jump in the cost of building Australia’s next big gold mine.

The company said the cost increase was in line with the inflationary pressures at play across the resources industry in Australia.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/australia-s-next-big-gold-mine-comes-with-new-1-3b-price-tag-20230928-p5e8dd