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Additional information
Additional Information
Market: ASX / AIM
Sector: General Mining
Epic: RML
News: Latest news
Web Site: Rusina Mining
Other Articles: 02-03-201003-02-201030-01-2010

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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Rusina Mining

Rusina Mining

Rusina Mining N.L. is an active mining exploration company that is focused on the emerging Philippine mining sector. The Company has defined a JORC compliant resource estimate for nickel laterites at its Acoje tenement on the island of Luzon and will commence mining operations in the second half of 2007. The Acoje property also hosts chromite, nickel sulphides and platinum group metals. Rusina is listed on the Australian Stock Exchange, code RML and the London Stock Exchange (AIM) code RMLA.

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Monday, April 27, 2009

Rusina Mining has enough cash until late 2010

company news image

Rusina Mining NL (ASX: RMA; AIM: RMLA) confirmed it has sufficient cash resources to meet all current commitments through until late 2010, with a cash balance at the end of the third quarter of A$4.4 million as compared to A$4.9 million at the end of the prior quarter.

“The company, like many in the industry, is currently in discussions with other industry participants with a view to completing a corporate transaction involving strategic consolidation,” Rusina said.

It made good progress in the quarter to end-March on the trial heap facility at Acoje in the Philippines. By the end of May 2009 Acoje will have 3000 tonnes under leach, demonstrating the heap leach technology and gathering the necessary data for the definitive feasibility study. All site civil works are complete. The ore for the trials is currently being trucked to the site ready for crushing and agglomeration during May, it added.  

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