Hope springs eternal, page-2

The following quote taken from an article here 11th May 2016 ExpoTimes.

The current ore price per tonne is $60 - and Mark Small, Timis Corporation Deputy General Manager, said resuming operations to sell at that price, is not feasible.
   "We will be running at a loss," he told the Mines Committee. "We will however resume operations when the price rises to $70 per tonne."

How accurate it is or if it still stands is anyone's guess.