It lives again - Not sure why they have bothered renaming Malaco Copper/Mt Cuthbert Group as a new vehicle called Copper Resources Australia unless they might be looking to go public, spin-off or IPO in the future? Currently a division of the Malaysian Private group Malaco Group. I'm guessing that they completely had to rebuild/replace the crushing circuit? They are reportedly producing concentrate, so that mean sulfide ore is being treated, I wonder if its Mt Cuthbert Sulphide ore going to the Rocklands Mill or are they actually mining again at Rocklands?
Recently re-opened by QLD state minister, somehow they have also talked the QLD government into giving them some money to do a study into a tailings re treatment and recover Co out of the tailings. Obviously copper prices helping make it stack up at the moment.
Looks like quite a number of people on-site to get it up and running again, despite Copper Resources of Australia not seeing creating their own website as important, nevertheless they are apparently in production again.
CDU Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
