EXPLORATION & DEVELOPMENT

Australasian growing its magnetite

AUSTRALASIAN Resources is approaching the 1 billion tonne mark for the Balmoral South magnetite deposit in the Pilbara following the latest upgrade that increased the resource estimate by 55% to 958 million tonnes.

Michael Vaughan
Australasian growing its magnetite

Australasian managing director Darren Hedley told MiningNews.net the company is now putting the foundations in place to kick-off a 12-month feasibility study on the project once a shareholder vote on the...

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