GRR 2.08% 23.5¢ grange resources limited.

With the cost of removing overburden in a normal pit and the...

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  1. 4,695 Posts.
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    With the cost of removing overburden in a normal pit and the greater need for widening the pit, it does become more sensible to mine directly underground. Lots of iron mines in China are done this way. I would doubt if C1 costs would be higher as the cost of removing millions of tonnes of overburden is no longer required.
 
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23.5¢
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