Yep, I agree.
I was involved with a new Iron Ore mine in the late nineties, Two 994 loaders feeding 6x140t haul trucks.
24/7 operation moved just under 8mill tonne for the first year.
Cost of production was approx $6.50/tonne.
Was the cheapest Iron ore mine on the planet (cost wise) at the time. Lol, those were the days.
Ann: GEO-01 Gold Mineralisation Strike Doubled - Minyari Project, page-26
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