PRECIOUS METALS

Carbine shoots for high returns

Carbine Resources expects to have financing in place in the first quarter of 2017 for its $A85 million (US$41 million), high-margin, long-life Mount Morgan gold-copper project in central Queensland.

Carbine shoots for high returns

The project will produce 30,000 ounces of gold and nearly 4,000 tonnes of copper per annum (plus pyrite), at current margins (after by-product credits and on an all-in sustaining cost basis), of more than...

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