Mining Equipment: TSX Venture Exchange- and Aim-listed Mano River on Monday announced an initial independent mineral resource estimate of 1,08-billion tons of iron-ore at its 38,5%-owned project in Liberia.Russian steelmaker Severstal’s mining subsidiary owns the majority stake of 61,5% in the Putu Range project, in which it had invested $30-million.
The Putu resource had potential to grow as its exploration programme advanced, Mano president and CEO Luis da Silva reported.
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