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Newfield Resources Pursues Joint Venture to Cut Costs at Tongo Diamond Mine

7:30pm on Friday 31st of January, 2025 AEDT Mining
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Newfield Resources Pursues Joint Venture to Cut Costs at Tongo Diamond Mine

7:30pm on Friday 31st of January, 2025 AEDT
Key Points
  • Tongo Diamond Mine development restricted pending funding solutions
  • Independent review confirms deposit quality and project potential
  • Negotiations underway for joint development to cut capital and operating costs
  • Postponement of Kundu Segment D bulk sampling pending partnership outcome
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