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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (38093)	6/3/2009 8:59:26 PM
From: LoneClone	Read Replies (1) of 192974

European Nickel: Pays Forestry Permit Fee For Çaldag Wed. June 03, 2009; Posted: 02:22 AM tradingmarkets.com LONDON, Jun 03, 2009 (Dow Jones Commodities News via Comtex) -- European Nickel PLC (ENK.LN) Wednesday announced payment of the forestry permit fee for its Çaldag nickel laterite project in Turkey ("Çaldag"). MAIN FACTS: -The payment of $3.7 million covers the proposed mining area, plant site and location of the heap pads and includes the annual forestry fee, a one-off payment, VAT and stamp duty for the life of the mine. -This will now enable European Nickel to commence preparing the site for earthworks and development once the project funding has been completed, which continues to be anticipated during the second half of 2009. -By London Bureau, Dow Jones Newswires; +44 (0)20 7842 9296; ian.walker@dowjones.com (END) Dow Jones Newswires 06-03-09 0222ET

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