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Perth-based Metals X has raised $50 million via an institutional placement, with the proceeds set to be spent at the company’s Nifty copper project in the Pilbara. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Metals X says the recent closure and subsequent reopening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target. The Perth-based miner put operations at Nifty on hold for nine days in August to undertake remedial repairs to an escape way, following a routine inspection.
Metals X says the recent closure and subsequent re-opening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target. The Perth-based miner put operations at Nifty on hold for nine days in August to undertake remedial repairs to an escape way, following a routine inspection.
Metals X has temporarily suspended underground mining at its Nifty copper operation to undertake repairs. In a brief statement today, the Perth-based miner said underground mining at Nifty had been halted for about seven days while it carries out remedial repairs to an escape way, following a routine inspection. The mine is expected to be fully operational again by the end of next week. To read more, please Login or Register below
Metals X has released an updated definitive feasibility study for an expansion of its half-owned Renison tailings retreatment project (also known as Rentails) in Tasmania, which is expected to cost $205 million. Perth-based Metals X owns a 50 per cent stake in the Bluestone Mines Tasmania joint venture, which in turn wholly owns the Renison tin mine.
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