North Australian Studies 300 000 CT/Y NT 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.

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