09
Jun
01:38
Magnetite Mines' Razorback sees increased ore reserves
Australian iron ore producer Magnetite Mines has reported an increase to the probable ore reserves estimate for its 100% owned Razorback iron ore project located in Braemar iron ore province of South Australia, Kallanish notes.
A maiden 362 million tonnes at 16.8% mass recovery in probable ore reserves were defined for the Iron Peak deposit within Razorback. The Razorback iron ore project ore reserves are therefore increased to 2 billion tonnes.
Iron Pe…
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