EXPLORATION & DEVELOPMENT

Dolphin looks much better with more tungsten life

THE long, long awaited Dolphin tungsten development on King Island owned by King Island Scheelite has potentially moved another step closer with an increase in reserves significantly increasing mine life and the project’s net present value.

 The previously mined open cut at King Island, south of Victoria

The previously mined open cut at King Island, south of Victoria

The latter has gone from A$146 million to $241 million (pre-tax), with operational life extended from eight to 14 years. A revised feasibility study has also put the internal rate of return at 43%....

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