Pluton Suspends Cockatoo Island Operations

News: Iron-ore junior Pluton Resources has halted operations at its Cockatoo Island iron-ore mine in the Buccaneer Archipelago off the coast of Western Australia, as commodity prices continue to decline. The mine was placed on care and maintenance as Pluton negotiated a new service agreement with its mining contractor. The agreement has reportedly been drafted and is expected to be finalised in the short term. The miner owes the Western Australian government about AUD2.8mn (USD2.06mn) in...

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