DMC Mining Completes Scoping Study on Mayoko Iron Ore Project
June 23rd, 2008… Mining released the findings of the scoping study completed by GRD Minproc on … approximately 2 years in Stage 1B. The estimated total capex for the 11Mt/a Stage 1B haematite plant is US$486m. This includes US$428m … with a 3Mt/a plant, leasing locomotives and using contract mining allows in excess of US$285m of capital expenditure to be deferred. The …