Greystar not walking away from its big Colombian gold project

Altoandinos would be the first project to go through community consultation and permitting under President Gabriel Boric’s public-private approach.

New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.

The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.

Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say.