CAPITAL MARKETS

Sphere drilling for iron

SPHERE Investments is about to start 10,000m of RC and diamond drilling to increase the resource at its Guelb el Aouj iron ore pellet joint venture in Mauritania.

Ben Sharples
Sphere drilling for iron

The project has an inferred resource at its Centre deposit of 225 million dry tonnes of magnetite-quartzite grading 36% iron. Work on the BFS to date has showed concentrate produced from the Centre...

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