EXPLORATION & DEVELOPMENT

Agata looks good for Mindoro

MINDORO Resources has announced feasibility study results for its Agata direct shipping iron ore project in the Philippines, with a target to start exports by early next year.

Justin Niessner
Agata looks good for Mindoro

The report, declared with Canadian joint venture partner TVI Pacific, estimated the project's post-tax net present value at $US37.9 million ($A40.9 million). Initial start-up capital was $10.1 million...

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