Carbine secures Queensland contract

Carbine Resources has announced the execution of a long-term contract with the Australian state of Queensland to manage the existing line-dosing water-treatment plant at the Mount Morgan mine.

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The Queensland state government is getting involved in Carbine's Mount Morgan mine

Under the terms of the contract, Carbine has agreed to: take over management of the site’s existing water-treatment plant; remuneration of A$2,500/ml (US$1,750/ml) of treated water, up to a maximum