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MGX puts $412m foundation behind Central Tanami
Summary by Australian Mining
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MGX puts $412m foundation behind Central Tanami
The Tanami Road, Tanami, Northern Territory. Image: Paul/stock.adobe.comMGX Resources has made the Central Tanami gold project the centrepiece of its post-iron ore future, using a $412.1 million cash and investment chest to accelerate drilling, infrastructure upgrades and preparations for underground development in the Northern Territory. The company’s 50 per cent-owned Central Tanami Project Joint Venture (CTPJV) is preparing to begin the Groun…
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