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Emed Mining Share News (EMED)
Share News for Emed Mining (EMED)
| Share Price: 8.375 | Bid: 8.25 | Ask: 8.75 | Change: -0.125 (-1.47%) |  | ||||||
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EMED Mining gets key nod for Spain mine restart, shares jump
Tue, 24th May 2011 17:24
May 24 (Reuters) - EMED Mining Public Ltd said Andalucia, one of Spain's autonomous regions, g
The approval from the culture and heritage department of Andalucia -- the first from any government body there -- follows a March announcement by the regional government, recognizing the company's legal claim to the project's mineral rights.
The approval will help EMED Mining's plan to start production in 2012.
The company, which explores for gold and copper from Europe to the Middle East, is now seeking permission from Andalucia's departments of environment and industry.
Tuesday's approval drove EMED shares up 18 Canadian cents, before losing a penny to trade at 17 Canadian cents, on the Toronto Stock Exchange. They had lost 40 percent in the last three months, hit mainly by uncertainties about the project.
(Reporting by Aftab Ahmed in Bangalore; Editing by Joyjeet Das) Keywords: EMEDMINING/
(aftab.ahmed@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: aftab.ahmed.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
May 24 (Reuters) - EMED Mining Public Ltd said Andalucia, one of Spain's autonomous regions, g
ave a key approval for the company's plans to restart its flagship copper mine, formerly owned by Rio Tinto, sending its shares up by a fifth.
The approval from the culture and heritage department of Andalucia -- the first from any government body there -- follows a March announcement by the regional government, recognizing the company's legal claim to the project's mineral rights.
The approval will help EMED Mining's plan to start production in 2012.
The company, which explores for gold and copper from Europe to the Middle East, is now seeking permission from Andalucia's departments of environment and industry.
Tuesday's approval drove EMED shares up 18 Canadian cents, before losing a penny to trade at 17 Canadian cents, on the Toronto Stock Exchange. They had lost 40 percent in the last three months, hit mainly by uncertainties about the project.
(Reporting by Aftab Ahmed in Bangalore; Editing by Joyjeet Das) Keywords: EMEDMINING/
(aftab.ahmed@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: aftab.ahmed.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2011. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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BRIEF-EMED Mining Public says received report from Environment Ministry
LONDON, Oct 2 (Reuters) - EMED Mining Public Ltd: * Got complete report of aau public comments from environment ministry of the junt[2 Oct '12]
RESEARCH ALERT-Jennings Capital reinitiates EMED Mining with speculative buy
Sept 25 (Reuters) -: * Jennings Capital reinitiates EMED Mining Public with speculative buy rating For a summary of ratin[25 Sep '12]
BRIEF-EMED Mining on track for 2013 production
LONDON, Sept 4 (Reuters) - EMED Mining Public Ltd: * has, during August 2012, maintained progress within the timetable targeting production[4 Sep '12]
BRIEF-EMED Mining raises 3.5 mln stg via placing
LONDON, Aug 22 (Reuters) - EMED Mining Public Ltd: * Conditional placing to raise 3.5 million ((London Equities Newsroom; +44 20 7542[22 Aug '12]
BRIEF-EMED Mining raises 3.5 mln stg via placing
LONDON, Aug 22 (Reuters) - EMED Mining Public Ltd: * Conditional placing to raise 3.5 million ((London Equities Newsroom; +44 20 7542[22 Aug '12]
BRIEF-EMED Mining agrees $30 mln funding package
LONDON, March 19 (Reuters) - Emed Mining Public Ltd: * Entered into agreements with cornerstone customer xgc for funding package of[19 Mar '12]
BRIEF-EMED Mining lapses Portugal tungsten permit option
LONDON, Jan 3 (Reuters) - Emed Mining Public Ltd: * Lapsed its option over the exploration permit covering the regua tungsten deposi[3 Jan '12]
