The company is currently waiting for its Land Use Permit and Class A Water License from the Wek'èezhìi Land and Water Board of the Northwest Territories.
In light of the Indonesian mineral ore ban that came into force on January 12th 2014, Wood Mackenzie says the aluminium industry - particularly in China - faces a challenge to address a growing shortage of the raw material bauxite, an aluminium ore.
On October 30, 2013, Stans Energy Corp., a Toronto-based firm focusing on heavy rare earth metals, and its subsidiaries filed a claim for arbitration under the Convention for the Protection of Investor’s Rights to which Kyrgyzstan is a signatory.
Investors were uneasy Monday after it was revealed that the cash-strapped company is no longer asking for permission to immediately begin uranium operations in Sotkamo, eastern Finland.
