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    market news

    Thor Negotiating Agreements Regarding Molyhil

    Investing News Network
    Jan. 09, 2012 02:39PM PST
    Industrial Metals

    Interactive Investor reported that Thor Mining (ASX:THR) is in financing and supply talks with parties interested in the Molyhil project.

    Interactive Investor reported that Thor Mining (ASX:THR) is in financing and supply talks with parties interested in the Molyhil project.

    As quoted in the market news:

    Thor estimates that operating costs of the proposed Molyhil operation were approximately $130 per metric tonne unit (mtu) (£84/mtu). This compares to a revenue of $360/mtu.

    Click here to read the full Interactive Investor report.

    market newsasx:thr
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