IRON-ORE
Iron-ore junior Gindalbie Metals, a joint venture partner (JV) in the Karara iron-ore mine, in Western Australia, is advancing plans to enter other projects.
The ASX-listed miner reported on Friday that it was undertaking due diligence studies on a “small number” of selected projects, as part of a strategy to grow shareholder value by deploying its existing cash resources.
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