EXPLORATION & DEVELOPMENT

Grange going underground

GRANGE Resources will spend A$26.5 million on an exploration decline, diamond drilling and an underground prefeasibility study at its long-running Savage River iron ore mine in Tasmania.

 Grange CEO Honglin Zhao (far left) watches on as the decline starts construction

Grange CEO Honglin Zhao (far left) watches on as the decline starts construction

A $15 million exploration decline has started being built by RUC Mining and should be completed by the end of the year. The decline will be 5.5m wide by 5.8m high, and about 1300m long. It will allow...

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