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New Zealand may approve underwater mine this week

Cecilia Jamasmie | June 16, 2014 | 11:35 am Base Metals Precious Metals Asia Australia Canada Europe Copper Gold Silver 

New Zealand will announce Wednesday the fate of Trans Tasman Resources (TTR) $70 million underwater iron sand project, which could become the world's first commercial metals operation on the ocean floor, off the country's west coast. Backed by Australian, American...

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