Deep mines are notorious for being expensive.
I thought you must of accidentally posted on Aru. Looks like little knowledge about mining seems to be a problem for you. I’ll share some of my 28 years of experience with you just to get up to speed.
38 years mine life 200m depth anything but a deep pit actually the very opposite. Biggest cost in running any mine after being built is the pre-stripe or waste. Deposite is consistent across the resource. High amount of the resource is in the indicated category, ideal environment for open cut mining.
As far as being in the middle of no where so are half the mines in Australia let alone the world. Finance 1/4 of the money needed already being offered by government and substantial interest from overseas interests also. The mine will go ahead
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arafura rare earths ltd
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How high can ARU sp go? after we start production ?, page-8
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $468.2M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 18.0¢ | $179.1K | 964.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 761436 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 360585 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 758733 | 0.185 |
30 | 1347003 | 0.180 |
25 | 741476 | 0.175 |
46 | 2022623 | 0.170 |
52 | 3651072 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 360585 | 13 |
0.195 | 558442 | 10 |
0.200 | 1419635 | 45 |
0.205 | 1637380 | 18 |
0.210 | 2261210 | 30 |
Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
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