PRECIOUS METALS

Metminco to move on Miraflores finance

The early-morning mist swirls over Quinchia, a quiet mountain town in Risaralda, Colombia, near where Australia’s Metminco (AU:MNC) aims to build a gold mine at its Miraflores deposit. From Metminco’s camp above the town you can make out the city of Manizales perched on the mountain ridge across the Cauca valley to the east, while to the north is the sheer white mass of the long-dead volcanic heart of Batero mountain rising out of the greenery.