CAPITAL MARKETS

Snaefell more than doubles

IRON ore producer IMX Resources has increased the resource at its Snaefell project in South Australia by 184%.

Kristie Batten
Snaefell more than doubles

The new inferred resource for Snaefell is 569 million tonnes at 27.1% iron, 6.8% alumina, 0.13% phosphorous, 45.7% silica and 0.03% sulfur, using an 18% iron cut-off grade. It compares to the maiden...

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