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24 Nov
09:46

BC Iron looks outside of iron ore

Australian miner BC Iron is looking to explore gold and non-ferrous deposits as it diversifies from the struggling iron ore sector. The company recorded an ebitda of just AUD 1.9 million ($1.36m) in the September quarter but the company has kept mining costs just below prices, Kallanish notes. The company told shareholders at its latest annual general meeting that it was “… looking to step outside the iron ore space.” It says it will spend aro…
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