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UNDERGROUND

Thalanga slips into administration

Operation bedevilled with operational problems for past few months

Haydn Black
The Thalanga operation has claimed another scalp.

The Thalanga operation has claimed another scalp.

Cromarty owns Thalanga, including the proposed Liontown mine, and the Herberton exploration assets. Red River said ongoing reduced production levels and increasing costs risked Cromarty becoming insolvent,...

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