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    iron-investing

    Atlas formally applies to expand Wodgina iron-ore operations

    Investing News Network
    May. 24, 2011 07:34AM PST
    Base Metals Investing

    Mining Weekly reports Atlas Iron (ASX:AGO) has applied to the federal government to expand its Wodgina iron-ore operations.

    Mining Weekly reports Atlas Iron (ASX:AGO) has  applied to the federal government to expand its Wodgina iron-ore operations.

    The market news is quoted as saying,

    At the current rate of production of 4,5-million tons, the mine life for Anson is around four-and-a-half years, but with the addition of the Avro, Dragon and Constellation openpits, another two to three years would be added, Altas said.

    The cumulative mine life is expected to be around seven-and-a-half years.

    For the complete market news, click here.

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