Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: onepath	12/9/2006 11:53:40 AM
	Read Replies (1) of 78419

Big news for zinc...... Lundin Mining says Union Resources runs into trouble in Iran Canadian Press Related to this article Latest Comments Start a conversation on this story More company information Lundin Mining VANCOUVER — An arm of the Iranian government has said it wants to cancel agreements relating to the Mehdiabad zinc project with Union Resources Ltd. of Australia, Union's 19.9 per cent owner Lundin Mining Corp. said Friday. Union received a letter from Iranian Mines and Mining Industries Development and Renovation Organization to terminate formation, basic, management and engineering services agreements. “Union is of the opinion that IMIDRO has invalidly issued the purported notice of termination and the board of Union is taking urgent steps to clarify and resolve the situation and ascertain the impact of the letter on Union's investment in the project,” Lundin said in a release. Union holds 38 per cent ownership in the zinc-lead deposit Mehdiabad in Iran. The Iranian State owns 50 per cent of the project and Itok 12 per cent. Print E-mail Leave the first comment Share this article SPONSORED LINKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next