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China Molybdenum Company (CMOC) and Sumitomo have given final approval for the development of a new block cave mine at their Northparkes Mines joint venture in New South Wales, Australia, with an investment of over $200 million over three and a half years. Construction starts January 2019, full production expected mid-2022.
“We are really excited to see this project come to fruition and to watch Northparkes continue to develop and grow.”mining-technology.com
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