11:54 AM EST - International Minerals Corporation : announced updates for its 40%-owned Inmaculada gold-silver project in Peru Initial capital costs, including currency adjustments caused by the strengthening Peruvian currency and construction-delay related costs, are now estimated to have increased by about 17% from the January 2012 feasibility study estimate of $315 million to approximately $370 million. This increase is not inconsistent with other mining projects at this stage of development. International Minerals Corporation
shares T.IMZ are trading down $0.17 at $5.11.
