CAPITAL MARKETS

Rio Narcea to take Spanish operation underground

THE board of Canadian company Rio Narcea Gold Mines has approved underground development at its Aguablanca operation in Spain to access higher-grade nickel-copper-PGM mineralisation below the openpit.

Brad Ricks

The company said the project would involve driving a ramp and auxiliary development to access the mineralised zone below the planned openpit. The initial capital cost of this work, which should take...

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