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Gambian Operations Suspended

16th Jan 2008 08:58

Carnegie Minerals plc16 January 2008 Carnegie Minerals Plc ("Carnegie" of "the Company") Gambian Operations Suspended Carnegie announces that it has today received a letter from The GeologicalDepartment of The Office of The President of Gambia requesting the Company tostop all mining operations in The Gambia with immediate effect pending receiptof certain information in relation to its minerals mined and laboratory results. The Company firmly believes that they have been, and remain, in compliance withall the terms of its mining license in The Gambia but have adhered to thisrequest to stop mining operations with immediate effect. The Company's priorityis to provide all necessary information to The Gambia's Geological Department inorder to seek recommencement of operations as soon as possible. A further announcement will be made in due course. For further information, call: Alan Hopkins, Managing Director, Carnegie Minerals Plc +61 8 9486 9999Romil Patel / Olly Cairns, Blue Oar Securities Plc 020 7448 4400 / +61 8 6430 1631Billy Clegg /Edward Westropp, Financial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange

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