State government Gives Approval for Rasp Mine Extension

ABC reported that the state government has given its approval to Broken Hill’s CBH Resources for the development of a 250,000 tonne deposit on the south-west edge of its Rasp Mine lease.

As quoted in the market news,

The planning department’s given the go-ahead for the silver, lead and zinc miner to develop a 250,000 tonne deposit on the south-west edge of its Rasp Mine lease.

Chief operating officer of CBH Resources, Visko Sulicich stated,

It provides the higher grade material that we need to lift us into a position where we’ve got an operating cash flow, so it makes all the difference to our operation.

It’ll mean that we can lift our production rates by about 20 per cent.

Click here for the full ABC report