LONDON (Alliance News) - EMED Mining Public Ltd shares were up early Wednesday after the company said it still expects to get final permitting for the Rio Tinto copper project by the end of the year.
EMED shares were up 5.2% to 6.18 pence in early trade, making it one of the best performers in the London market, after the company said it still expects the final permitting to come by the end of this year despite the Junta de Andalucía, the organisation which governs the Andalucía region, granting a three-month regulatory extension to approve the mining permit.
EMED said all other activities at the project are advancing at a normal pace, and it plans to start the wet plant commissioning in the third quarter of 2015.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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