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Diatreme reaffirms Cyclone

POTENTIAL mineral sands developer Diatreme Resource says an independent assessment of its Cyclone zircon project in Western Australia has affirmed its profitability and shown it to have a net present value of $A121 million.

Michael Quinn
Diatreme reaffirms Cyclone

Diatreme, which had a market capitalisation this week of about $10 million, is undertaking a detailed feasibility on a potential 14-year project that could require initial capital of $161 million. Diatreme...

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