CAPITAL MARKETS

Grange gets another MD

IN A further sign Grange Resources has lost confidence in developing the Southdown magnetite project, the company will shut down its Perth office, with the restructure prompting managing director Richard Mehan to step down less than a year after taking up the post.

Lauren Barrett
Grange gets another MD

Grange, which operates the Savage River magnetite mine in Tasmania, informed shareholders that all remaining Perth-based functions would be relocated to the company’s Tasmanian office in Burnie this month....

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