Well slowly compass resources is rising from the ashes. Hopefully the sulphides project will not be too far behind and INL's expertise will finally get used!! Notice of General Meeting of Compass Resources Limited ("The Company") Time: 9.30 a.m. (AEST) Date: 17 June 2010
Also of note today was the article regarding Hunan wanting to startup an open pit mine in the area next to the Browns plant.Looks like they are not going to waste any time once everything is finalised..........Downside is the shareholders of compass will only get 5% of the new company.
A CHINESE-backed company wants to open a mine near Batchelor, 100km south of Darwin. HNC Resources has lodged an application with the Northern Territory Government to develop the copper, cobalt and nickel open pit operation.
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