Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Junior developer Eastern Iron on Thursday revealed that a modified transport plan for its proposed Nowa Nova project, in Victoria, could drive down operating costs. A 2014 definitive feasibility study (DFS) estimated that a capital injection of A$33.6-million could deliver an openpit operation producing 780 000 t/y of 58% iron over a seven-year mine life.
Junior developer Eastern Iron on Thursday revealed that a modified transport plan for its proposed Nowa Nova project, in Victoria, could drive down operating costs. A 2014 definitive feasibility study (DFS) estimated that a capital injection of A$33.6-million could deliver an openpit operation producing 780 000 t/y of 58% iron over a seven-year mine life.
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