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South32 quizzed over hefty Hermosa capex

Analysts have questioned South32 boss Graham Kerr over the results of the long-awaited prefeasibility study for the Hermosa zinc-lead-silver project in Arizona.

South32 quizzed over hefty Hermosa capex South32 quizzed over hefty Hermosa capex South32 quizzed over hefty Hermosa capex South32 quizzed over hefty Hermosa capex South32 quizzed over hefty Hermosa capex

South32 CEO Graham Kerr

Capital costs for the Taylor mine development have been estimated at US$1.7 billion, comprising $1.23 billion in direct costs and $470 million in indirect growth capital.