Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (47857)	11/22/2009 10:20:37 AM
From: LoneClone	Read Replies (1) \| Respond to of 195238

Murchison Metals targets up to 35m tonnes of iron ore a year * Alex Wilson * From: Dow Jones Newswires * November 18, 2009 12:34PM theaustralian.com.au MURCHISON Metals and its joint venture partner Mitsubishi Corp are targeting production rate of between 25 million and 35 million tonnes of iron ore a year from its Jack Hills project in Western Australia. Initial studies have found about 10 million tonnes a year of the output could be the premium product of direct shipping ore, Murchison said, with the remainder hematite sinter feed and magnetite concentrates. The Perth-based company said an interim resource statement for Jack Hills is due out shortly but that it has also identified more targets that require further testing. "Jack Hills is now a substantial project in international terms, sitting above many other projects in terms of the size of the target resource, quality, premium products low in impurities and the target production profile," Murchison chairman Paul Kopejtka said in a statement.