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Sand mining, to purists, is not really mining; it’s more akin to gardening. But the end products of digging up mineral sand such as zircon, rutile and ilmenite, can be very profitable at the right time of the cycle, which is about now judging by recent production reports and share prices.
Iluka Resources, one of the biggest pure-play sand miners, has been blazing a trail for the sector with a share price that has doubled over the past two years as a combination of increasing output and
Sheffield Resources Thunderbird project making headway
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