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Ormonde poised to start Spanish mining

Written by Business World, on 26th Jul 2012. Posted in Economy

article headlineIrish metals prospector, Ormonde Mining, today said it is poised to begin mining at its Barruecopardo Tungsten Mine in Salamanca, western Spain. The company reports that its wholly-owned Spanish subsidiary, Saloro SLU has now submitted to the relevant mining authorities the final stage documentation supporting their application for a Mining Concession. This documentation represents the beginning of the final stage of the mine permitting process, said Kerr Anderson, Ormonde's Managing Director. "The submission of the final stage documentation in relation to our application for a Mining Concession for Barruecopardo is a major milestone for the Company as it takes the Project closer to tungsten production. This documentation, prepared following detailed consideration of all guidance and advice provided by the relevant regulatory and other bodies, will be reviewed by the administrative authorities. The Company is confident that its submission complies with all the guidelines and regulations applicable for a new mining operation at Barruecopardo," he said. "We continue to be encouraged by the strong local and regional support for the Project, the commencement of which will deliver some 105 direct jobs at the mining operation and provide many economic and social benefits to the local community and surrounding Salamanca area."

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