Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.

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Monument Mining Ltd

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Post by Freddy1989Germaon May 29, 2020 6:26am

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Post# 31086205

iron Ore Info Monument

Hi hallo nozzpack

I don't understand why you ask if the iron ore can be sold - it's all in the 2014 company news, isn't it?

They have a 6000 tons per day iron ore washing and separation plant on Mengapore.

But the iron ore is brought by truck to the port .... here another iron ore mine which is just as far away ... and something to the cost around 95 dollars per ton of cost

https://www.nytimes.com/2014/11/20/business/international/chinese-interests-look-to-malaysia-for-cheap-iron-ore-and-profits.html

Monument Mining has the problem that iron ore is mixed with copper, silver, gold etc. Therefore the ironworks do not pay 100 dollars per ton, but much less, which is why Intec Copper is tested to separate the different metals.

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