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When Western Metals went bust in 2003 their Pillara ops were...

  1. pooh_bear
    599 Posts.
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    23/05/13
    11:21
    Post #: 11799541
    When Western Metals went bust in 2003 their Pillara ops were bought by a competitor and closed to keep the zinc price up

    http://www.theaustralian.com.au/business/mining-energy/xstrata-and-teck-to-shut-pillara-mine/story-e6frg9df-1111116923954

    Also there is a vast diference in the economics of a byproduct of large scale low grade operations and a boutique small tonnage high grade deposit.



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    IVA Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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