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Alba Mineral Resources (LSE:ALBA) rose, gaining 25 percent Late on Friday Trading with rumours its is ready to resume operations at its 100% owned Limerick Carbonate-hosted Zinc Project. r [link]
The project plan to mine the Main Pipe at Liquobong is now completely funded bar the formalities to finalise the contracts, approve the equity releases and collect the money required at the optimum times to meet the project needs. This will become the third largest diamond mine in the world once full production commences in 2016.