CAPITAL MARKETS

Low capex for Wilcherry Hill

IRONCLAD Mining has released details relating to the definitive feasibility study for stage 1 of its Wilcherry Hill magnetite project in South Australia, which is expected to have a low capital start-up cost.

MiningNews.Net
Low capex for Wilcherry Hill

The direct shipping ore stage of the project is expected to have a capital cost of $A12-19 million. A further $6-9 million of working capital will be required during the start up period, taking the total...

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