Hindustan Copper Chairman: Got Government OK For Copper-Ore Prospecting License-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Market commentary
  • Production data
  • Macroeconomics
  • Zinc
  • Morning comments
  • Futures movement
  • Aluminium
  • NPI
  • Copper
  • Nickel
  • Nickel ore
  • In the United States
  • trade negotiations

Hindustan Copper Chairman: Got Government OK For Copper-Ore Prospecting License

Industry News 03:37:39PM Jul 07, 2010 Source:SMM

NEW DELHI, Jul 07, 2010 (Dow Jones Commodities News via Comtex) -- India's mines ministry has approved a copper-ore prospecting license for state-run Hindustan Copper Ltd. (513599.BY) in Rajasthan province, Chairman Shakeel Ahmed said Wednesday.

The license has been approved for 36.07 square kilometers in the north-western state's Sikar district, Ahmed told Dow Jones Newswires.

In India, a state needs to seek approval from the federal mines ministry before allocating a prospecting license for minerals such as copper and iron ore.

"We expect a formal letter for a prospecting license to be issued by the Rajasthan government in over a week's time," Ahmed said.
 

Hindustan Copper Chairman: Got Government OK For Copper-Ore Prospecting License

Industry News 03:37:39PM Jul 07, 2010 Source:SMM

NEW DELHI, Jul 07, 2010 (Dow Jones Commodities News via Comtex) -- India's mines ministry has approved a copper-ore prospecting license for state-run Hindustan Copper Ltd. (513599.BY) in Rajasthan province, Chairman Shakeel Ahmed said Wednesday.

The license has been approved for 36.07 square kilometers in the north-western state's Sikar district, Ahmed told Dow Jones Newswires.

In India, a state needs to seek approval from the federal mines ministry before allocating a prospecting license for minerals such as copper and iron ore.

"We expect a formal letter for a prospecting license to be issued by the Rajasthan government in over a week's time," Ahmed said.