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North Australian Studies 300 000 CT/Y NT Diamond Mine

Investing News Network
Aug. 05, 2011 07:22PM PST
Gem Investing

Mining Weekly reports North Australian Diamonds (ASX:NAD) is studying a 1.5-million-ton-a-year, 300 000 carat a year diamond mine.

Mining Weekly reports North Australian Diamonds (ASX:NAD) is studying a 1.5-million-ton-a-year, 300 000 carat a year diamond mine.

The market news is quoted as saying,

The DFS would consider a number of key variables for the Merlin project, some of which were already well advanced or completed, and would include a resource and reserve assessment, an optimisation and pit design, openpit and underground mine schedules, process plant design, as well as operating and capital cost estimates.

For the complete market news, click here.

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