VMS 5.26% 1.8¢ venture minerals limited

savage river

  1. 241 Posts.
    Does anyone know how much it's going to cost Savage River to go underground? The only info I could find was that the open pit mining will cease mid 2009 and that underground mining would extend mine life to 2023.

    Also

    "Sales for the year 2005-06 totalled 2,192,463t of pellets, 15,551t of concentrate and 73,845 tonnes of chips.

    Production of ore from the Savage River open cut in 2005-06 totalled 2,294,657t."

    I'm guessing Mt Stanlay would produce something similiar, so how much money is that?
 
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