CAPITAL MARKETS

Perilya approves $57.8M development

BASE metal miner Perilya is looking to step up production at its Broken Hill operations in New South Wales to a combined 30,000 tonnes of zinc and lead after giving the formal go ahead to redevelop the Potosi/Silver Peak mine by 2013 at a capital cost of $A57.8 million.

MiningNews.Net
Perilya approves $57.8M development

The Potosi project, which originally started development in March 2007, was put on care and maintenance in September the following year due to rapidly falling commodity prices and market uncertainty. ...

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