AOH 0.00% 12.0¢ altona mining limited

finnish press release hot news

  1. 499 Posts.
    Good Morning from Finland ! Coffee and - 10 C ! For shareholders info - that is out in Oz - and the ones who cant read Finnish - AOH - or to be more precise Klahti Copper Oy - the Finnish subsidiary of AOH - put out a press statement by their Finnish Director J Vesannto to the Finnish broadcasting co on 13th January - similar to ABC - that a decision is imminent in 2013 on the expansion of the concentrator operation at Luikolahti . There is an environmental study report that was started at the end of 2011 with updates and permits now being negotiated , One option is for an expansion up to 800 000 tpa of ore from Klahti with another interesting option in the Finnish study ( its in Finnish ) at 1 mtpa of ore from K lahti and other surrounding leases close to Llahti concentrator . This requires an off take for the Co Ni and the permits to be granted . So looks like its full bore ahead with the Finnish expansion is imminent with huge expansion - the Finnish state will support this big as the paper and forest industry is in dire straights .The Finnish end of the show is on the ball - and will deliver the goods at this end.
 
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