GRR 4.08% 25.5¢ grange resources limited.

Ann: Grange commences Exploration Decline, page-16

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  1. 1,381 Posts.
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    Most of the IO mines in Europe are under ground and it's only when you get to really massive deposits - as in Australia - where open cut mines are viable. If you are looking at ore seams 600 metres down then it would be a much cheaper alternative to have the underground mining option instead of trying to remove half a kilometre of earth above the deposit.
 
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