Sumo Resources PLC
Sumo Resources PLC: Progress with Gold Trading License
DGAP-News: Sumo Resources PLC / Key word(s): Contract Progress with Gold Trading License
Sumo Resources Plc is pleased to announce that its subsidiary SR Tanmin received provincial approval in Maniema, DRC to trade and export Gold. Final approval by the central government is expected shortly. Maniema is well known for easily accessible Gold deposits. There are many small Gold mining operations. The license will allow SR Tanmin to source Gold from smaller miners and to export it globally without investing large amounts in direct mining operations. The price of Gold has risen substantially in the past months and the trend is set to continue.
2016-08-11 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |