MFE 0.00% 1.0¢ magnetite mines limited

gbg to start hematite production early 2011, page-3

  1. 255 Posts.
    Hi Olympian,

    GBG annual report can out Monday see page 30.

    "It is currently anticipated that DSO will be sources from Terapod,Blue Hills
    North and Karara orebodies.
    Anticipated hematite prod will commence in early 2011 after the rail line
    to Karara has been constructed.

    Shine is the initial focus of GBGs strategy to increase its resource base
    of hematite DSO on tenements outside the Karara joint venture with
    Ansteel.
 
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