Ferrexpo ups iron ore resource at GPL by 127 pct

June 5, 2008

June 5th (Reuters) – Ukrainian iron ore producer Ferrexpo (FXPO.L: Quote, Profile, Research) has boosted the resource at its GPL mine by 127 percent by finding more ore at deeper levels, the firm said on Thursday.

The measured, indicated and inferred resource at the Gorishne-Plavninskoye Lavrikovskoye mine have increased to 3.704 billion tonnes from 1.629 billion tonnes, a statement said.

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