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copper investing

Rex Minerals Plans 70 000 t/y Copper Operation

Investing News Network
Oct. 31, 2012 10:29AM PST
Base Metals Investing

Mining Weekly reported that a pre-feasibility study for Rex Minerals’ Hillside project, in South Australia has revealed the potential for a 70 000 t/y copper operation.

Mining Weekly reported that a pre-feasibility study for Rex Minerals’ Hillside project, in South Australia has revealed the potential for a 70 000 t/y copper operation.

As quoted in the market report:

The project would generate a revenue of some A$11-billion over its 15-year mine life, producing 70 000 t/y of copper and 50 000 oz/y of gold, as well as 1.2-million tons of iron-ore, grading 67% iron.

To view the whole Mining Weekly report, click here.

mine life copper investing australia
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