Continental Minerals Corp. (KMKCF.OB) Announces Chinese Copper/Gold Open-Pit Mine Reclamation Plan Approval, Final Submissions Expected in Third Quarter
QualityStocks (August 21st, 2008) Writes:
Gaining approvals for any mine site is a difficult process. Add in the issue of the mine being an open-pit mine and the process becomes that much more difficult. Eventually, however, the process of mining can begin if the effort to satisfy all parties involved is approached correctly. In this regard, an investor that wants to become involved with a mining company needs to find a company that has; not only good operational mining skills but a management team in place that understands the political processes of mining.
Continental Minerals Corp., an exploration and development mining company, is currently working to complete the approvals process for a copper/gold open-pit mining project in the Tibet Autonomous Region. In total, there are seven approvals and reports to be filed and accepted before mining may begin. The company is now close to acceptance for all approvals and reports.
The proposed copper/gold/silver mine property will
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