News: ORN Orion Minerals Ltd Announces Option Agreement To Purchase Mills For Prieska Project

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    Feb 4 (Reuters) - Orion Minerals Ltd (ORN) :

    • ANNOUNCES OPTION AGREEMENT TO PURCHASE MILLS FOR PRIESKA PROJECT
    • IDENTIFIED 2 NEW 3,600KW MILLS
    • PLANT UNIT OPERATING COSTS REDUCED BY 5% FROM A BASE ESTIMATE OF AUD16.10 PER TONNE
    • OVERALL CAPEX FOR PROCESSING PLANT DOWN BY ABOUT A$15 MILLION
 
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