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Monarch, Byrnecut eye HCL's Banwas copper project
Mangalore 07 October 2008 04:25
Two Australian companies have expressed interested in developing the Banwas copper deposit belonging to Hindustan Copper Ltd (HCL) at a cost of around Rs 5 billion ($105 million). Monarch Gold Mining and Byrnecut Mining Co have sent in prices bids in response to a tender to develop the Banwas deposit, estimated to hold some 25 million tonnes in reserves with 1.69%...
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