CAPITAL MARKETS

Xstrata approves $US542M Ernest Henry underground

SWISS mining giant Xstrata has approved a $US542 million ($A585.5 million) underground mine and m...

Kristie Batten

The decision follows a positive feasibility study into the underground mine and magnetite operation. The company announced a revised ore reserve estimate of 72 million tonnes grading 1% copper, 0.5 grams...

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