The decision means the $210 million arbitration against the Kyrgyz Republic will advance to the merits stage, the Canadian junior said.
Junior Mining News
IDM Mining, led by Robert McLeod, is the little engine that could.
In March last year, Anna Kuranova sued the company alleging to have been fired wrongfully.
Cerro Grande said the events had adversely impacted operations at its Pimenton mine in Chile, and will have a negative impact on its fourth fiscal quarter, ending Sept. 30, 2015.
The frozen payment corresponds to what the Kyrgyz Republic was told by an international arbitration court to give Stans for revoking its rare earth mining licenses in the country.
The Canadian rare earths junior is appealing a Moscow court decision of Moscow City Arbitrazh Court of not allowing it to obtain a sum related to the loss of its Kutessay II mine.
Toronto-based Primero Mining reported Wednesday lower gold reserves at its San Dimas operation, impacted by lower price assumptions, while silver reserves rose.
The move makes of Capital Mining the first ASX-listed, Canada-based company to hold a stake in a licensed marijuana grower.
The Australian junior iron ore producer is also studying whether it needs to write down the value of any assets ahead of next month’s half-year result.
Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.
The Canadian junior has entered into an arms-length definitive acquisition agreement with private South African companies.
New law expands the proportion of Mongolia’s area available to mining and exploration from 8% to 20%, among other investor-friendly changes.
The revisions to the country's mining law would increase the area available to exploration to 20%t from around 8%.
Foreign direct investment in the central Asian country dropped 50% last year.
NioCorp Developments' El Creek niobium mine could become the first such a mine in the US, which currently imports 100% of its needs for the metal.
Company is confident the government will return two of the licences revoked last year.
The province is asking the Federal government to match the funds.
In the last two months at least a dozen juniors have announced they are considering growing cannabis.
Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.
Only 31 juniors listed on the TSX-V were delisted in the 12 months ending June 30.
Stans Energy is seeking close to US$118 million in compensation for losses and damage through an international arbitration action launched Thursday.
But when the market does recover, it is "going to be a screamer," he says.
In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.
Momentarily replaced by senior vice president and COO, Darryl Lindsay.
Only half the total resources discovered since 1990 has been converted into reserves or put into production to date.