CAPITAL MARKETS

Development time for Texas

LONG time silver hopeful Macmin Silver appears on the verge of developing its Texas silver project in Queensland, announcing it would aim to complete construction of a plant by the end of 2004 and appointing Denis O'Neil as managing director.

Michael Quinn
Development time for Texas

Macmin said it aimed to commission the project by March next year at an initial likely rate of 2-3 million ounces per annum. Financing details would be provided in the "near future". Macmin's decision...

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