Markets

Astur Gold Corp To Revive Roman-Age Gold Mine

Astur Gold Corp. (AST.V), a Canadian company developing what it sees as western Europe's largest untapped gold field, expects to win a mining license in 2012 for a site on Spain's northern coast last exploited in Roman times, according to a Bloomberg file.

The company bought rights to the Salave deposit in 2010 and next month will propose a 125 million-euro ($180 million) mine project to the newly elected regional government, President Emilio Hormaeche reportdly said in a telephone interview. The previous Socialist administration rejected an open-pit mine proposal, the report said.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More