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North River Resources Jumps As It Submits Environmental Applications

20th Jan 2014 10:44

LONDON (Alliance News) - North River Resources PLC Monday said it has submitted the Environmental Impact Assessment and Environmental Management Plan for its Namib Lead & Zinc project.

The submissions have been made to the Namibian Ministry of Environment and Tourism and are a requirement for mining applications in the country. If approved, the company will get a environmental clearance certificate, which it needs if it is to get a mining license.

The company hopes to complete a definitive feasibility study at the project in the first quarter of this year. It said this remains on time and on budget.

North River Resources shares were up 7.7% at 0.7 pence Monday morning.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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