Business
Statement re Mining Licence Application Accepted
Statement re Mining Licence Application Accepted.
About this update from Griffin Mining Limited
[{"type":"text","content":"\n \nRNS Number : 3179I Griffin Mining Ld 08 August 2019 \n\n \nGriffin Mining Limited\n \n \n8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom\nTelephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773\nE mail: [email protected]\n \nMining Licence Application Accepted at Ministry of Natural Resources\n \n8th August 2019\n \n \nGriffin Mining Limited (\"Griffin\" or the \"Company\") is extraordinarily pleased to announce, after an extended application process, that the Chinese Ministry of Natural Resources (\"MNR\") has accepted the lodgement by Griffin's Chinese subsidiary, Hebei HuaAo Mining Industry Co Ltd, of its mining licence application (\"MLA\") for Zone II at the Caijiaying Mine in compliance with all the prescribed Chinese legislation and regulations. Under the current legislation, the MNR should provide its approval and issuance of the new mining licence within 40 days of today's lodgment date (with a 10 day extension to that period in certain special situations), thereby acknowledging the MLA has met all the required conditions and passed the final examination and issuance process.\n \nThe Company's Chairman Mr. Mladen Ninkov commented, \"It is with a great sense of joy and relief to be able to announce that our MLA has been accepted and is in compliance with regulatory provisions. It is a particularly momentous day for our loyal shareholders who have patiently waited for this moment since we began the MLA process in 2013. During this period we have experienced repeated changes of Government legislation which has led to complex processes to redraft and re-start the MLA process on numerous occasions. I do not have to explain what this means for the Company and our shareholders. I couldn't be happier for everyone involved with the Company including the shareholders, directors, management, staff, contractors, local villagers and all those whose lives are touched by the operations.\"\n \n \n \nFurther information\n \n \nGriffin Mining Limited:\n \nMladen Ninkov (Chairman)\nRoger Goodwin ...