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GIP Gippsland

2.125
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gippsland LSE:GIP London Ordinary Share AU000000GIP1 ORD SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.125 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Abu Dabbab EIA Approval

10/10/2005 8:00am

UK Regulatory


RNS Number:3544S
Gippsland Limited
10 October 2005


10 October 2005

GIPPSLAND LIMITED ("The Company")

*****************************************************
ABU DABBAB EIA APPROVAL
*****************************************************

Gippsland Limited is pleased to announce that the Environmental Impact
Assessment ("EIA") for the Company's 40Mt Egyptian Abu Dabbab tantalum-tin
project has been approved by the Egyptian Government's Environmental Affairs
Agency. The EIA was undertaken by the Egyptian environment Group Environics and
Dorsch Consult (Germany); the international environmental engineering group
Knight Piesold also made a substantial contribution to the EIA.

The structure and content of the EIA, undertaken over a period of some 16
months, was completed in accordance with guidelines established by the World
Bank Group which complemented those provided by Egyptian legislation.

The EIA process was conducted in parallel and interactively with project design.
As a result, potential negative environmental effects were mitigated, through
appropriate design and environmental management, to acceptable levels by
international standards. The EIA included commitments to enhance the numerous
social benefits associated with the project.

The completion of the world-standard Abu Dabbab EIA which, being the first such
environmental study concluded in Egypt, is seen as an historical milestone in
the development of the country's mineral resources.

For further information please contact:

Jack Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com
jtelford@gippslandltd.com

Les Polden
HB-corporate
Tel: +44 (0)20 7510 8565
L.Polden@HB-corporate.com

Leesa Peters
Conduit PR
Tel: +44 (0)20 7618 8708
leesa@conduitpr.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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