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Australasian up on Balmoral approval

23-December-09 by Russell Quinn

Shares in Australasian Resources have moved up this morning following the announcement of environmental approval from the state government for its $2.7 billion Balmoral South iron ore project.

This follows the state's Environmental Protection Authority report and recommendations received on October 5 and the federal government's environmental approval for the Pilbara project on November 17.

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