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ConsMins fast track

FOLLOWING its successful takeover offer for Western Australian nickel producer Reliance Mining, Consolidated Minerals has committed $10 million to fast tracking exploration and development of Reliance’s East Alpha ore body near Kambalda. Consolidated said the program would considerably accelerate the development of East Alpha, where first production is slated for the third quarter of 2006. It is also hoped the program will substantially increase the global resource. A recent pre-feasibility study on East Alpha indicated its potential to produce between 4,000 and 5,000 tonnes of nickel per year.

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