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UNDERGROUND

Mallee clear to mine at Avebury

MALLEE Resources has completed the acquisition of Allegiance Mining and the Avebury nickel mine in western Tasmania and has announced a $70 million share offer to fund the move to production.

Karma Barndon
Avebury mine

Avebury mine

Mallee paid $109 million for the mine last year as part of a deed of company arrangement with administrator KordaMentha, which took over the assets of Allegiance and parent company Dundas when they went...

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