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Great West Minerals to Re-Start Steenkampskraal Sooner, Reduce Capex

Investing News Network
May. 30, 2013 04:41AM PST
Rare Earth Investing

Mining Weekly reported that Great West Minerals is looking to fast track towards the re-starting of its flagship Steenkampskraal rare earths mine, driven by an effort to lower capital expenditures.

Mining Weekly reported that Great West Minerals is looking to fast track towards the re-starting of its flagship Steenkampskraal rare earths mine, driven by an effort to lower capital expenditures.

As quoted in the Mining Weekly report:

GWMG said it had plans to construct a rare earths separation plant on site, but that it would follow in a later phase, once monazite mining had started. It was now focused on reducing the capital required to restart the mine.

To view the whole Mining Weekly report, click here.

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