June 5 (Reuters) - India Resources Ltd (IRL) :
- Possible suspension of surda operations (IRL)
- Possible suspension of operations at Surda copper mine
- HCL has continued not to make any payments to IRL despite the direction from
the court"
- "IRL constantly struggled to get Hindustan Copper to adhere to terms of
contracting agreement and recognise a number of legitimate claims"
- Hcl has continued not to make any payments to irl despite the direction from
the court
- If hcl is unwilling to comply with requests, IRL may be forced to suspend
operations at surda mine and mosaboni concentrator by 9 June 2016"
- Hcl advised it is not accepting copper concentrate produced from mosaboni
concentrator forthwith, but without providing any reasonable explanation"
- Currently assessing operational and financial impact of events and potential
consequence of any cessation operations at Surda mine
News: IRL India Resources updates on possible suspension of Surda operations
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