After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project in South Africa.
Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.
Kyrgyz government moves to revoke Stans Energy's licence for rare earth mine and plant that was the main global source of heavy REEs during the Soviet era.