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Ormonde Mining Gets Approval for Spanish Tungsten Project

Investing News Network
Nov. 24, 2014 11:15AM PST
Company News

Ormonde Mining has received a mining concession for its Barruecopardo tungsten project with production set to being in early 2016.

Ormonde Mining has received a mining concession for its Barruecopardo tungsten project with production set to being in early 2016.

According to the Irish Examiner:

The permit — from the director general for energy and mines in the Castilla y Leon region and granted to Ormonde’s wholly-owned Spanish subsidiary, Saloro — is the final regulatory approval hurdle necessary in order for the Clonee-based company to proceed with the project, which is by far its main asset.

The concession covers an area of approximately six square kilometres.

Kerr Anderson, the managing director of Ormonde said:

The receipt of the mining concession for our flagship Barruecopardo Tungsten Project in western Spain is clearly a major milestone for the project, and for Ormonde.

Click here to read the full article.

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