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07 Apr
03:51

Venture Minerals reviews opportunity to restart Riley mine

Australian miner Venture Minerals is reviewing a potential opportunity to restart the Riley iron ore mine in Tasmania, Kallanish notes.  The mine has been on care and maintenance since September 2021. “The iron ore price is extremely volatile, and the risks would need to be significantly reduced before a restart is considered for approval by the board,” the firm says. The quick restart opportunity would focus on dry hiring equipment where possibl…
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