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NRW Holdings has signed a mining contract and payment arrangement agreement for open-pit mining operations at Empire Resources’ 60%-owned Penny’s Find gold mine in Western Australia’s eastern Goldfields
Penny's Find
Under the terms of the agreement – covering operations at the open pit only – NRW will defer costs to Empire from initial mine start up for a maximum of four months.
The company said the partnership would play "a critical role" in E25, demonstrating traceability
