http://www.ivanhoeaustralia.com/s/History.asp
"In 2002 Selwyn Mines experienced difficulties due to ore production from the Starra and Mount Elliott mines not being able to sustain the required treatment rate during a period of low copper and gold prices. The Selwyn Mines operation closed as a consequence."
So... do you feel/think this was a reflection on management ?
Assuming there is more to the story?
Reading on... It gets quite interesting.
FRB - I missed that part about the underground development not being included in capex.
That would alter open cut profitability significantly.
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http://www.ivanhoeaustralia.com/s/History.asp"In 2002 Selwyn...
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