UPDATE: Orsu Metals Gets Green Light from Kazakh Authorities for Karchiga Project Development; Shares Now Up 9%

By MT Newswires August 20, 2012, 02:32:25 PM EDT

Orsu Metals Corporation (OSU.TO) has received from the relevant Kazakh authorities an approval for the Karchiga technical project relating to the development of a mining and processing complex at the company's Karchiga Project in Kazakhstan.

The approval was granted by the Central Commission for Exploration and Mining of Mineral Resources at the Ministry of Industry and New Technologies of the Republic of Kazakhstan.

OSU is now up 9% to 12 cents on volumes of about 210,000. Day range is $0.115 to $0.125.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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