CAPITAL MARKETS

Fears Sino Iron may close

UNLESS its landlord Clive Palmer advances its mine continuation proposals, CITIC Pacific Mining warns it could be forced to close its Sino Iron project at Cape Preston in Western Australia’s northwest by the end of the year.

Noel Dyson
Fears Sino Iron may close

Palmer is embroiled in a legal stoush with CPM over royalties and, according to excerpts from an affidavit read in the WA Supreme Court on June 23, his company Mineralogy has not agreed to support mine...

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