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Jul 13, 2020

New deal on the table for Auctus mining assets

New deal on the table for Auctus mining assets The King Vol mine, under care and maintenance, is part of the sale deal.

Consolidated Tin Mines plans to take over Auctus-owned operations in the Chillagoe region, west of Cairns, under a new $26.5 million deal with administrators. The acquisition includes the Mungana processing plant, the inactive Mungana mine and the King Vol polymetallic mine, which produces about 360,000 tonnes of ore per annum . Consolidated Tin Mines (CSD)…

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