We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bmr Group | LSE:BMR | London | Ordinary Share | GB00BWV0F181 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.90 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBMR
RNS Number : 4015Y
BMR Group PLC
17 May 2016
BMR Group PLC
("BMR" or the "Company")
Submission of Environmental Project Brief to ZEMA for the approval of sale of Waelz Kiln Slag ("WKS") as a construction aggregate
BMR, the Zambian-focused mineral processing business, is pleased to announce that on 13 May 2016, its Consultant filed with the Zambia Environmental Management Agency (ZEMA) the definitive Environmental Project Brief (EPB) in connection with the proposed sale of WKS, from its Kabwe site, as a construction aggregate, together with the appropriate filing fee.
Final approval by ZEMA for this EPB will allow BMR to realise significant value from a resource that had previously been written down by 90% as well as contributing to the long term objective of the Company to make a positive contribution to cleaning up the environment in Kabwe. The EPB has been submitted in the name of BMR's principal operating Zambian subsidiary, Enviro Processing Limited.
It should also be noted that EPL owns the surface rights of the ground on which the WKS is located, and once cleared, will be available for development, subject to the normal planning applications, or sale.
Alex Borrelli, Chairman, commented:
"We are pleased to report this further milestone in the development of BMR under the new management team with the submission of the Waelz Kiln EPB. The sale of WKS as a construction aggregate will add a potentially valuable revenue stream for BMR. We look forward to reporting further progress on this initiative as soon as appropriate."
Ends
For further information:
BMR Group PLC 020 7734 7282
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
NOMAD and Joint Broker
Chris Fielding, Head of Corporate Finance
Peterhouse Corporate Finance 020 7469 0930
Joint Broker
Lucy Williams/ Duncan Vasey/ Heena Karani
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCAKADPFBKDKPD
(END) Dow Jones Newswires
May 17, 2016 02:00 ET (06:00 GMT)
1 Year BMR Mining Chart |
1 Month BMR Mining Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions