A clarification to a story about Rainy River Resources CFOB-News ran last week.It stated project costs for a new open pit mine north of Barwick to be about a billion dollars.
In fact, initial upfront costs are $713-million.
There would be another $322-million spent after the mine opens.
Costs for an underground mine are listed at $68-million with another $
95-million in sustaining capital costs.
