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Kingsrose Mining Ltd ( (AU:KRM) ) has provided an update.
Kingsrose Mining Ltd has provided an update on its permitting process for the Penikat Project in Finland. The company is dealing with an appeal against its exploration permit for Area 1, which Tukes, the exploration permitting authority, has defended. Kingsrose has submitted a legal rejoinder to the Administrative Court, emphasizing compliance with Finnish law and best practices. Additionally, they have submitted an Extractive Waste Management Plan to Tukes to support proposed drilling at Penikat. The decision by the Administrative Court is pending, with potential implications for Kingsrose’s exploration activities. The company is also awaiting feedback on its Natura 2000 Report for Areas 2-5, which will influence future exploration permits.
More about Kingsrose Mining Ltd
Kingsrose Mining Ltd is a company involved in the mining industry, focusing on exploration and development projects. Their primary focus includes exploring mineral-rich areas and managing mining operations effectively.
YTD Price Performance: -2.86%
Average Trading Volume: 492,335
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$25.62M
See more data about KRM stock on TipRanks’ Stock Analysis page.
