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    copper investing

    Rex Minerals Plans 70 000 t/y Copper Operation

    Written by Investing News Network
    |
    Oct. 31, 2012 10:29AM PST

    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 lifecopper investingaustralia
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