Mineralogy calls off partnership with Citic

  1. 200 Posts.
    Wonder if Citic would be eyeing off Maitland River as an alternative to the Balmoral deposit now that Mineralogy has served notice that Citic 's right to mine iron ore at the Sino Iron Project in Western Australia will be terminated in 21 days. (http://www.smh.com.au/business/mini...ic-pacific-20140926-10mf7q.html#ixzz3ET8oSy00).

    MR is about the same distance away, has a JORC Mineral Resource of 1,106Mt @ 30.4% Fe.

    I'm sure the BCI/IOH management would be much easier to deal.
 
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