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IN BRIEF: Adriatic Metals gets permits for Veovaca storage facility

25th Oct 2024 10:58

Adriatic Metals PLC - Balkans-focused exploration & development company - Receives all permits for phase 1 of the Veovaca tailing storage facility from the Federal Ministry of Energy, Mining & Industry of Bosnia & Herzegovina. This follows a Constitutional Court decision in July, which curtailed development plans for the previously permitted tailing storage facility. Adriatic Metals says workstreams have started, with the first tailings disposal planned for December. There will be no impact on production in the current quarter from this.

Current stock price: 219.50 pence each on Friday morning in London, up 1.6%

12-month change: up 26%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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