Business
Barruecopardo Permitting Update
Barruecopardo Permitting Update.
About this update from Ormonde Mining Plc
[{"type":"text","content":"\n \nRNS Number : 2819M Ormonde Mining PLC 15 July 2014 \n\n15 July 2014\n \n \nOrmonde Mining plc\n(\"Ormonde\" or \"the Company\")\n \nBarruecopardo Permitting Update\n \nThe Board of Ormonde provides the following update on progress in connection with permitting of its flagship Barruecopardo Tungsten Project in Salamanca, Spain (\"Barruecopardo\" or \"the Project\"). \n \nIn its press release of 29 April, 2014, Ormonde advised that the Authorities in Castilla y Leon had indicated that while the processing of the documentation for the mining concession was in its final stages, a legal review of the historic mining concessions (Barruecopardo was last operated in the 1980's) was required to be completed, with the conclusion of the permitting process anticipated in late June-July. \n \nOrmonde has now been advised that in the legal review to-date, the Authorities have not identified any concerns in relation to the cancellation of the historic mining concessions and it understands that the review has now been largely completed. However, a final formal request has been made by the Authorities to obtain comment from the owners of the historic cancelled concessions in relation to the cancellation process, no response having been received in relation to its initial request. A short additional time is required for this step before the review can be completed and the new mining concession issued to Ormonde.\n \nKerr Anderson, Ormonde's Managing Director, commented:\n \n\"Although this additional procedural step has been required to be completed prior to finalisation of the permitting process and the issuance of the new Mining Concession, we recognise, through communication with the Authorities, the importance which they place on the correct legal issuance of the new mining permit and of the continued support for the Project at all levels of the local, provincial and regional governments in Spain.\"\n \n \n \nEnquiries to:\n \nOrmonde Mining plc\nKerr Anderson, Managing Director Tel: +353 (0)1 8253570\n \nBankside Consultants\nSimon Rothschild Mob: +44 (0)7703 167065\n \nMurray Consultants\nMark Brennock Tel: +353 (0)1 4980300 Mob: +353 (0)87 2335923\n \nDavy (Nomad / ESM Adviser)\nEugenée Mulhern / Roland French&nbs...