Last checked at 22 Apr 2010 07:00
AIM: EMED 22 April 2010
ELECTRICITY CONNECTION TO THE RIO TINTO MINE (or "PRT")
EMED Mining Public Limited ("EMED Mining" or "the Company")is pleased to report that the Junta de Andalucía ("Junta") has authorised the interim connection of PRT, the company's copper project located in Andalucía, Spain, to the national power grid.
This approval is another positive step in the re-start process and was made by the Junta to facilitate the continuance of safety and maintenance standards at the site during the current project planning and permitting process - especially in respect of the tailings dams which, though partly owned by 3rd parties, are managed by the Company's wholly-owned subsidiary EMED Tartessus S.L.
EMED Mining Managing Director, Mr Harry Anagnostaras-Adams said,
"PRT's connection to the national power grid was cut off by the authorities before we acquired the project. The Company appreciates the support and trust placed in our organisation with this decision of the Junta. We continue to work hard towards the restart and the approval to reconnect power serves to exemplify yet again that we are restoring a trusting working relationship between the project and the authorities."
|
|
Enquiries: EMED Mining |
Fox-Davies Capital |
RFC Corporate Finance |
Bishopsgate Communications |
|
|
| Harry Anagnostaras-Adams | Daniel Fox-Davies | Stuart Laing | Michael Kinirons |
|
|
| +357 9945 7843 | +44 (0)207 936 5230 | +618 9480 2500 | +44 (0)207 562 3350 |
|
| www.emed-mining.com www.emed.tv
| |||||
|
Notes to Editors: About EMED Mining Public Limited
EMED Mining was admitted to trading on AIM in May 2005. The Company is committed to responsible development of metal production in Europe, with a focus on copper and gold.
The Group's region of interest are the tectonic belts spanning across Europe and over to the Middle East. The strategy is to evaluate exploration and development opportunities in several jurisdictions throughout this quality mineral belt and to promote sustainable development practices through the implementation of European Union and other international standards. The Company strictly implements its Environmental & Community Policies.
EMED Mining has now established a strong position in the following selected zones:
Copper in Spain: The copper-mining district of Spain is probably among the best known in the world for its metal endowment. The Company's first priority is to start-up production of its wholly-owned Rio Tinto Mine which is the largest metal deposit in Spain and contains a fully installed and maintained operational complex - an open pit mine, copper-concentrator and waste disposal facilities.
Gold in Slovakia: The Company has announced a significant gold discovery at Biely Vrch and is advancing planning and permitting for its potential development.
EMED Mining has other notable earlier-stage activities focused on copper and gold, as follows: ·; Exploration licences in the copper-mining districts of Cyprus; ·; A large mining lease in Georgia, Caucasus; and ·; A 25% shareholding in KEFI Minerals Plc which operates exploration joint ventures in Turkey and the Kingdom of Saudi Arabia.
For further information on the Company's activities, visit www.emed-mining.com or www.emed.tv
| |||||
|
| |||||