Mt Webber numbers stack up: Giralia

GIRALIA Resources could be an iron ore producer in 2011 from its Mt Webber joint venture with Haoma Mining with the JV partners targeting a 2 million tonne per annum operation.

Mt Webber numbers stack up: Giralia Mt Webber numbers stack up: Giralia Mt Webber numbers stack up: Giralia Mt Webber numbers stack up: Giralia Mt Webber numbers stack up: Giralia

A scoping study by ProMet Engineers found a 2Mtpa owner-operated mining and road haulage operation at Mt Webber could have a net present value of $A170 million and an internal rate of return of 53.9%.

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