Ivanhoe Australia scales back Mount Dore copper project on increased costs

Apr 16, 2012 | 08:38 AM |

Ivanhoe Australia said it will scale back on its Mount Dore project until further tests are done, as capital costs have increased. Mount Dore is predominantly a secondary copper deposit within the Kuridala formation in Queensland. “It has been decided to focus on advancing Osborne, Merlin and the large-scale Mount Elliott project, and proceed at a lower level of activity on Mount....

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