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Balmoral capital cost grows to $3.3B

THE capital cost estimate to develop Australasian Resources’ Balmoral South iron ore project in Western Australia’s Pilbara has grown by nearly $A1 billion to $3.29 billion.

MiningNews.Net
Balmoral capital cost grows to $3.3B

The last capital cost number, released in 2008 as part of the original feasibility study, was around $2.5 billion. It must also be pointed out that the figures do not reflect any joint venture scenarios...

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