Cost overruns in mining are rarely surprises. They reflect missed risks, weak scope definition, and unrealistic planning. This talk explores how those issues appear in real projects and what better cost estimating can do to address them.
Mako’s acquisition of the Mt. Hamilton Gold-Silver Project highlights a broader trend among juniors seeking to strengthen their North American presence. As companies pursue lower-risk jurisdictions and scalable development assets, Mining Intelligence continues to track how these strategic moves are reshaping the junior and mid-tier mining landscape.
Costmine Intelligence is working on several exciting new data, research and modelling initiatives that will grow our business, and we are looking for mining engineers to join our experienced team.
The Coeur–New Gold merger reflects a broader shift toward regional consolidation and scale among senior producers. As companies prioritize jurisdictional focus, cost efficiency, and long-term asset value, Mining Intelligence continues to track how these strategies are reshaping the North American mining landscape.
Compare operating and capital costs for Barrick’s Reko Diq Project using WOODY benchmarks. See how differences in indirect labor, maintenance, and overhead assumptions impact OPEX and CAPEX, and why benchmarking with WOODY supports more realistic, risk-aware planning.
In this analysis, Costmine Intelligence used WOODY—our proprietary benchmarking platform—to replicate the Reko Diq Project’s assumptions and generate capital and operating cost estimates based on current market rates, location-adjusted inputs, and a comprehensive, independently scoped cost framework.
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