Mining Weekly reports that a prefeasibility study of Aquila Resources’ (TSE:AQA) Hardey iron-ore project has confirmed the viability of a ten-million-ton-a-year project.
Mining Weekly reports that a prefeasibility study of Aquila Resources’ (TSX:AQA) Hardey iron-ore project has confirmed the viability of a ten-million-ton-a-year project.
The editorial is quoted as saying,
The study found that A$1,6-billion would be needed for the requisite mine, rail and port facilities, including provisions for an engineering, procurement, construction and management contract, as well as contingency costs, the diversified-mining company reported on Thursday.