Operations at Bougrine suspended

Mining and milling operations at the Bougrine lead-zinc mine in Tunisia have been suspended indefinitely, reports Inmet Mining (IMN-T).

According to a study by Societe Miniere de Bougrine, the investment required to lower operating costs at the mine is not justifiable owing to low zinc prices.

Inmet will begin repaying $33 million in loans, which were guaranteed by the company, to two international development banks.

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